Objectives: 1 – Understand the fundamental elements of financial operations and know how to apply their techniques; 2 – Mastering the financial instruments (concepts, processes and methodologies) that make possible the support to the decision regarding the alternative applications offered by the capital market; 3 – Support in the decision making, in view of the needs of financing and / or investment, both operational and strategic, according to the objectives of the organizations; 4 – Understand the concept of index numbers and their practical application.
Syllabus: 1 – Basic principles of financial maths 2 – Capitalization regimes (simple and compound) 3 – Problems related with interest rates 4 – Actualization (capital discount) 5 – Rents 6 – Loans (French and American systems) 7 – Index Numbers
1. Macroeconomic aggregates; 2. National Accounts; 3.Basic Keynesian Model; 4.Income and expenditure: Keynesian model with government and international trade; 5.The money market: Supply and demand of money; 6.Money, Interest and Income; 7.Macroeconomic Policy; 8.The labour market and the aggregate supply and demand; 9.Macroeconomics in open economy
1. Preliminary notions; 2. General theory of the legal norm: Characteristics, Penalties, Structure, Classification, Law Branches, Sources of law, Hierarchy, Interpretation, Integration, Application. 3. The legal relationship: Concepts, Elements and structure, Subjects of the legal relationship, Legal domicile, Organizations, object, Legal fact, Warranty. 4. Obligations: Sources, Modalities, Warranties, Compliance, Non-compliance, Extinction.
1- To analyze the enterprise external environment and its articulation with the internal environment; 2- To recognize forms of business organization; 3- To evaluate strategies for planning and development; 4- To recognize the importance of management.
1. Accounting fundamentals: 1.1. Notion of accounting, its functions and divisions; 1.2. Types of companies; 1.3. Documentation; 1.4. The financial information importance for the decision making process; 1.5. Economic influences on the financial accounting and financial reporting; 1.6. Economic consequences of the accounting standards. 2. Basic concepts of accounting: 2.1. Assets and liabilities; 2.2. Patrimonial facts; 2.3. Accounting equation; 2.4. Accounting cycle; 2.5. The account; 2.6. Bookkeeping systems. 3. Accounting normalization: 3.1. Objectives, advantages and disadvantages; 3.2. Accounting harmonization; 3.3. The IASB: origin, objectives and standards; 3.4. The Portuguese accounting normalization system. 4. Financial statements: 4.1. Concepts, all financial statements preparation and interpretation. 5. The end of the accounting period and the accountability.
1. Algebric Concepts: 1.1 Review of essential contents. 2. Real Functions of Real Variable. 3. Differential Calculus in R: 3.1 Study of functions variation. 4. Differential Calculus in Rn: 4.1 Partial derivatives; 4.2 Geometric Interpretation; 4.3 Extrema functions. 5. Integral Calculus in R: 5.1 Indefinite integrals and integration by parts.
I. Introduction: 1. Globalisation and the evolution of the international trade. 2. Supranational Institutions: Objectives and functions (IMF, European Union, WTO, OECD). 3. Trade Blocks and international trade agreements. II. Theories of International Trade: 1. Adam Smith. 2. David Ricardo. 3. Hecksher-Ohlin. III. International Trade Indicators: a. Openess; b. Exports cover; c. Balassa Coefficient; d. Dissimetric Indicators; e. Indicators of relevant comparative advantages. IV. The international financial system: a. The Evolution of the IMS. b. Exchange rate determination. V. Commercial Policy: 1. Policies in promotion of international trade. 2. Trade barriers. VI. Strategies for International Entry: 1. Strategic theories of international entry. 2. Behavioural theoris of international entry. 3. International strategies of positioning and segmentation. 4. Risks associated to international entry. 5. Forms of entry.
1. Descriptive Statistics: Introduction and Terminology; Data Organization; Graphic Representations; Descriptive Measures of Location and Dispersion; Association Measures. 2. Probabilistic Models: 2.1. Probabilistic terms and concepts, random variables and probability distributions. 2.2. Discrete models: introduction; general definitions; Bernoulli distribution; Binomial distribution and Poisson distribution. 2.3. Continuous models: Normal and Exponential distribution. 3. Statistical Inference: Parametric Hypothesis Tests; Introduction, Notation and Terminology; Normal Populations and Bernoulli Populations; Association Testing; one way ANOVA. 4. Simple Linear Regression: Nature of the relation between variables; Simple Linear Regression Model. Residues analysis and assumptions verification.
Chapter I – From General Accounting to Management Accounting. Chapter II – Introduction to Management Accounting. Chapter III – Management Accounting Models. Chapter IV – Production
1. Market Definition. 2. Horizontal Concentration and Barriers to enter. 3. Vertical Integration. 4. Diversification. 5. Perfect Competition. 6. Monopoly. 7. Monopolistic competition. 8. Oligopoly. 9. Game Theory.
– Knowing the mechanisms and Portuguese and European economic policies in order to understand the economic changes that
affect business activity.
– Summarize the key historical moments in the evolution of the Portuguese economy, with particular emphasis on the changes in
the twentieth century.
– Understand the origins and motivations responsible for the creation of the European idea, and the challenges facing Europe today.
– Evaluate the current situation of the Portuguese economy and understand the scope of Community policies.
II. Development of the Portuguese Economy
III. History, Institutions and Decision-Making in the European Union
IV. European Policies
V. International Economy
1- Environmental Aspects: 1.1 – Introduction to Environmental Management. 1.2 -Solid waste management. 1.3 – Atmospheric pollutants emission. 1.4 – Water and wastewater Management. 1.5 – General noise regulation. 2 – Management Systems: 2.1 – Approach and interpretation of the NP EN ISO 14001; 2.2 – Principles of Quality Management; 2.3 – Approach and interpretation of the NP EN ISO 9001; 2.4 – Quality Tools. 2.5 Main documentation to implement a Quality and Environmental Management System. 2.6 – Integration of Quality and Environmental Management Systems
Chapter I – Introduction to Production Management. Chapter II – Production and Operations Strategy. Chapter III – Demand forecasts and Project Management. Chapter IV – Provisioning management. Chapter V – Optimized Production Technology (OPT) and Just in Time (JIT). Chapter VI – Logistics. Chapter VII – Logistics, economy and strategy. Chapter VIII – Warehouse management. Chapter IX – Maintenance management. Chapter X – Transport management.
. Value added tax (IVA) and RITI (IVA system applying to intra-community); . Personal income tax (IRS); . Corporate income tax (IRC); . Tax benefit.
1. Understand the benefits of adopting a strategic focus. 2. Apply appropriate concepts to develop and implement a strategy in the business level. 3. Apply techniques for analyzing the industry, environment and competitors. 4. Understand how the most experienced managers identify and implement strategies and identify barriers. 5. Understand the theoretical concepts and ideas that minimize the risks involved in managing an organization in the long term. 6. Follow evolutionary perspectives of Strategic Management. 7. Understand sustainability concepts and their relationship with Strategic Management.
1 – Introduction to Strategy 2 – Analyzing Strategic Positioning 3 – Choice and Strategy Formulation 4 – Information and Strategy 5 – Nonprofit Strategy 6 – Strategic management and sustainability
CP1.Concept of ethics. CP2.Ethical rules. CP3.Ethical behavior. CP4.Ethical dilemmas. CP5.Ethics in the workplace. CP6.The competence of professional organizations. CP7.Codes of professional ethics. CP8.The Portuguese rules for the professional activity as a certified accountant. CP9.The Portuguese tax law and the responsibility of the managers and certified accountants.
1. Information systems: Organizations, Methodologies and Strategy. 2. Business applications and ERP. 3. Alignment of an information system to the organization and to an integrated business software package. 4. Methodologies and design of an Information System. 5. Methodologies to help on understanding business models, with the objective of integration with the information systems and business applications. 6. Case Study with an ERP usage.
1. Personal and professional Introduction and presentation. 2. Oral presentation and communication. 3. English in the informal context of economics and management. 4. English in the formal context (professional and academic) of economics and management. 5. Numbers, simple equations and mathematical symbols. 6. Accounting principles. 7. Main accounting documents; Balance sheet; profit and losses; cash flows.
General Objetives: Provide skills to the students operate in the scope of the financial management.
Specific Objetives: After concluding this Curricular Unit, the student should be able to: 1 – Assess the economical and financial situation of companies; 2 – Analyze and to discuss options regarding financial structure tailoring the financing to investments; 3 – Distinguish juncture and structural constraints of companies; 4 – Develop and to evaluate operational and strategic decisions according to companies objectives.
Syllabus: 1 – Introduction to financial analysis 2 – Basic documents to financial analysis: annual and semi-annual financial report 3 – Main methods and techniques to financial analysis 4 – Analysis of the working capital 5 – Analysis through ratios method 6 – Financial analysis 7 – Economical analysis 8 – Risk analysis 9 – Market ratios 10 – Cash-flow analysis 11 – The structure of the financial analysis report 12 – Capital sources 13 – Capital structure 14 – Mergers and acquisitions
The student should be able to:
– Know the analysis framework and the techniques that allow understanding and solving real world problems;
-achieve a critical culture and capacity to solve problems in an economical and entrepreneurial perspective.
– To characterise the main economical problems;
– To understand the consumer behavior and the decision making process;
– To understand the producer behaviour, analysing its production decision in two aspects: Production and costs of production.
1 Fundamentals of economics
1.1 Microeconomics in the context of economics. The definition of economics. Economics branches
1.2 Methodologies in economics: the deductive and inductive method
1.3 Normative and positive issues
1.4 Choice an scarcity
1.5 The cost-benefit analysis as decision-making supporting tool.
1.6 Economic agents
1.7 Supply and demand
2 The consumer behavior theory
2.1 The consumer rational choice
2.2 Budget line or opportunity set
2.3 Consumers preferences
2.5 Individual demand and the optimal choice of the consumer
2.6 The market demand
2.7 Consumer choice over time and choice under uncertainty
3 The production theory
3.1 Productive factors and products
3.2 The production function
4 Costs theory
4.1 Costs in the short run
4.2 Production allocation to two productive processes
4.3 Relationships between productivity and costs
4.4 Costs in the long run: Cost minimization.
Sensitize students to the importance of human resources in organizational contexts.
Equip students with tools for analyzing, interpreting and acting in the management of human resources.
Providing an integrated, recent theoretical and its practical applications.
Discuss the management of people in new contexts management.
After concluding this Curricular Unit, the student should be able to:
Understand the importance of human resource management in organizational contexts.
Apply tools in the field of human resource management.
Apply behaviors and attitudes strategic value the his personal, professional and academic.
– Human resource Management.
2. MANAGEMENT PRACTICES FOR HUMAN RESOURCES
– Analysis and Description of Functions
– Recruitment and Selection of Human Resources
– Hosting and Integration
– Maintenance and Human Resource Development
– Evaluation and Performance Management
– Output Management
3. LEADERSHIP AND MOTIVATION
– Perform the accounting procedures of several patrimonial facts of the companies in accordance with the Portuguese accounting system (SNC).
– Interpret the accounting facts and the several financial accounting standards;
– Distinguish the several financial accounting standards;
– Interpret the generally accepted accounting principles and apply the measurement criteria to different accounting problems.
1. Government: accounts payable and receivable
2. Purchases and other operations with suppliers
3. Sales, services rendered and other advantages and operational earnings
4. Inventories and biological assets
5. Investments: long-term investments; tangible and intangible assets
6. Basic equity operations
7. Period-end accounting procedures and the accountability
– Understand techniques and mathematical methods.
– Use mathematical techniques and methods to solve new problem situations.
– Apply mathematical knowledge to solve problems in other disciplines of the course.
– To know and apply fundamentals of integral calculus.
– To solve problems involving differential equations with separable variables.
– To determine the interpolating polynomial of first degree for a given set of data points.
– To recognize and operate with matrices and determinants.
– To solve systems of linear equations.
– To determine eigenvalues and eigenvectors of a matrix.
1 – Methods of integration in IR.
1.1 Integration of rational functions
1.2 Integration by substitution, with indication of the substitution
2 – Topics of differential equations.
2.1 Differential equations of separable variables
3 – Linear interpolation.
4 – Matrices, determinants and systems of linear equations.
4.1 Matrices and matrix calculus
4.3 Systems of linear equations
5 – Eigenvalues and eigen vectors of a matrix.
Sensitize students to the importance of technical information and individual and organizational communication;
Understand the importance of TIC as working tools, such as teaching and learning resources;
Understand the key stages of preparation and presentation of scientific papers.
Realize the amount of information and communication in organizations;
Meet the new multimedia tools and technologies and learn to use them in the service of communication and learning;
Develop and apply skills of scientific communication;
Planning events impact on organizational image.
1 – Technical information and communication
2 – Interpersonal and Organizational Communication
3 – Information and Communication Technologies
4 – Planning, organizing and managing events
5 – Preparation and presentation of scientific papers.
Provide the fundamental accounting bases of the several sectoral accounting rules: non-profit sector, public sector and financial sector.
– Distinguish the different sectoral accounting rules from the accounting rules applied to the general companies;
– Interpret in accounting the main operations of the non-profit companies, public institutions, banks and insurance companies;
– Interpret the financial statements of the non-profit companies, public institutions, banks and insurance companies.
1. Nonprofit sector accounting: General Framework; Non-profit sector entities accounting standards; Presentation of Financial Statements; Accounting policies, changes in estimates and errors; Tangible Assets; Intangible Assets; Leases; Borrowing Costs; Inventories; Revenue; Provisions, contingent liabilities and contingent assets; Grants; Changes in exchange rates; Income tax; Financial instruments; Employee benefits.
2. Public sector accounting: General Framework; Public sector characterization; Public accounting current trends; The Portuguese public accounting reform; Public sector accounting standards.
3. Insurance and financial sectors accounting: Insurance sector: General Framework; Insurance sector accounting standards; Financial sector; General Framework; Financial sector accounting standards.
– Accounting in accordance with the SNC standards of the multiple equity facts that occur in the companies activity.
– Know how to interpret the facts regarding to equity and the NCRF associated.
EQUITY: Study of accounts and its changes. Major operations. Legal and tax aspects.
DISSOLUTION, LIQUIDATION AND SHARING OF COMPANIES: Dissolution and immediate judicial dissolution; Liquidation of assets; sharing values available and in kind; Accounting and legal regulations; Accounting treatment; Tax aspects.
TRANSFORMATION OF COMPANIES: Methods of processing; single or combined with other processing operations of capital; Accounting and legal regulations; Accounting treatment; Tax aspects.
CONSOLIDATION OF ACCOUNTS: Objectives Consolidation; Methods of consolidation; Identification of the consolidation perimeter; Operations and Consolidation Techniques; Consolidated Financial Statements; Regime for the taxation of groups of companies.
MERGERS AND DEMERGERS OF COMPANIES: Concept and types; Procedure and effects; Accounting and legal regulations; Accounting treatment; Tax aspects.
– Characterize the marketing environment and its actors
– Assess the strategic decisions of marketing
– Analyze the variables of the marketing mix
– Discuss advertising mechanisms
– Recognize the importance of branding
– Understand specific areas of marketing
1 Marketing and environment
2 Markets and actors
3 Marketing strategies
4 Product politics
5 Price politics
7 Communication politics
10 Introduction to: Cause Related Marketing, Social Marketing, Green Marketing
– Understand the referential analysis and techniques for understanding and solve real problems;
– Recognize the importance of operational research to solve problems in the administration of organizations.
Upon completion of this course, the student should be able to:
– Formulate and solve linear programming problems;
– Use software to solve problems;
– Analyze the output provided by the software and propose valid conclusions to the problems;
– Apply knowledge of queues to real situations in the economic field;
– Evaluate the selected models and interpret the obtained solutions.
1. Linear programming
1.1. Introduction to linear optimization
1.2. The canonical form of linear programming problem
1.3. Primal simplex algorithm
1.4. Artificial variables
1.5. Duality in linear programming
1.6. Post-optimization analysis, sensitivity analysis and parametric analysis
2.1. Model of a queue – a server
2.2. Model a server with constant service time
2.3. Multiple server model
1 – to identify and apply techniques to help companies deciding its investments and financing;
2 – to evaluate and to select investment projects according to adequate criteria;
3 – to understand and distinguish the external context of the company;
4 – to combine operational and strategic measures according to corporate goals.
1. Strategic evaluation of investment projects;
2. Financial evaluation of investment projects;
3. Risk management;
4. Financing and cost of capital investment projects
5. Other relevant topics to investment projects.
– Sensitize students to the importance of psychosocial analysis of the phenomena in organizations;
– Enhance knowledge of the various dimensions of organizations;
– Stress the importance of Psychosociology the analysis of emergent phenomena within organizations.
– Identify principles and concepts of Psychosociology of Labor;
– Knowing how to apply in practice the fundamentals of Labour Psychosociology;
– Identify key psychosocial risk factors;
– Prepare plans to prevent psychosocial risks.
1. Perspective of the performance of Psychosociology of Work
2. Fundamental concepts of the Psychosociology of Work and its application.
3. Groups and work teams.
4. Satisfaction and motivation at work
5. Organizational communication
6. Conflicts and Conflict Management
7. Leadership, ethics and social responsibility
8. Psychosocial Risks
– Provide students with the knowledge needed to design and manage a training program by acquiring and
developing the skills of trainers in the field teaching-teaching.
– Distinguish types of training and skills of the trainer and its role in various educational contexts;
– Prepare, develop and evaluate training sessions;
– Reflecting on the training systems through the presentation of criticism, suggestions and proposals that may contribute to the improvement of training systems, at the technical, pedagogical and / or organizational.
1. Trainer: system settings and profile.
2. Simulation initial teaching.
3. Communication and promotion of training in groups.
4. Methodologies and teaching strategies.
5. Operationalization of training: the plan into action.
6. Teaching resources and multimedia.
7. Platforms and collaborative learning.
8. Evaluation of training and learning.
9. Final pedagogical simulation.
The CU Tax Law’s general goal is to provide students with the necessary skills to allow them analyzing, interpreting and applying the standards of the three main Portugueses taxes, the VAT / RITI, the IRS and IRC, and to provide the foundations for a more appropriate fiscal decisions-making.
After concluding this Curricular Unit, the student should be able to:
To know tax system in order to calculate the amount of taxes due as much as meeting the different fiscal obligations;
To identify particular norms to apply in specific cases;
To apply the diverse norms in the direction to take more adequate fiscal decision.
. Value added tax (IVA) and RITI (IVA system applying to intra-community);
. Personal income tax (IRS);
. Corporate income tax (IRC);
. Tax benefit.
After concluding this curricular unit, the student should be able to:
a) Identify the basic principles of corporate finance.
b) Know the financial function, linking it with value maximization principle, agency problems and corporate governance practices, encompassing the efficient market hypothesis.
c) Understand the risk-return tradeoff and the opportunity cost of capital.
d) Know the different forms of corporate financing, being aware of the different capital structure theories.
e) Recognize how dividend policy affects shareholder value.
f) Recognize the various methods of corporate valuation, knowing their rationale.
1. Introduction to corporate finance
1.1. Principles of corporate finance
1.2. Value maximisation and the corporate objective function
1.3. Agency problems and corporate governance principles
1.4. Efficient Market Hypothesis and Behavioural finance
2. Portfolio Management and asset pricing models
2.1. Defining risk
2.2. Risk-return trade-off and the opportunity cost of capital
2.3. Portfolio management
2.5. Other asset pricing models
3. Long term financing decisions
3.1. Equity and debt financing: instruments and cost
3.2. Optimal capital structure theories
4. Payout policy
4.1. Introduction to dividend policy
4.2. Effects of dividend policy on firm value
4.3. Dividends and share repurchases
4.4. Dividend policy adjustments
5. Corporate valuation
5.1. Discounted cash flow analysis
5.2. Multiples method
5.3. Other methods
Ob. 1 – To sensitize students to the management of innovation and technology, and their importance for the current job market;
Ob. 2 – Develop creative and innovative capacity, both in academia and business;
Ob. 3 – Connecting theoretical knowledge of Innovation and Entrepreneurship;
Ob. 4 – Encourage creativity and critical thinking of students.
S1 – Innovation and Entrepreneurship’s problems
S2 – Managing Innovation and Technology
S3 – Economics of Innovation
S4 – Entrepreneurship and Innovation vs marketing
S5 – Planning and organizing events
– Identify and understand the functioning of regions and places as a fundamental unit of economic analysis;
– Understand and design policies to promote regional development;
– To master the methods and techniques of spatial and regional analysis;
– To know the basic theoretical models that are the basis for the analysis of regional development
1. Economic convergence
2. Methods and techniques of regional analysis
3. Regional Development Models
4. Theories of regional development
5. Endogenous development and territorial perspective
6. Regional development factors
7. Policies to promote regional development
1. To apply cost allocation methodology among firm departments;
2. To support management accounting implementation on secondary and tertiary sectors;
3. To understand management accounting results as a decision making support;
4. To identify different accounting problem solutions at decision making level;
5. To use accounting as a post-registration technique as well as a prevision system;
Chapter I – Strategic Accounting
Inventory Management Models
Chapter II – The Method of Homogeneous Sections
Transformation and Production Maps
Chapter III – Budgetary Management
Real Costing System
Basic Costing System
Registration in basic costing system
Chapter IV: Deviations
Reasons and Analysis
Volume, mix, price and efficiency deviations
1. Understand the fundamental concepts of labor law and commercial law
2. Apply the theoretical knowledge gained in solving concrete problems in the field of business law
3. Identify sources of labor law
4. Characterize the employment contract
5. Know the elements necessary for the formation of the employment contract, as well as the respective content
6. Identify the forms of termination of employment contract
7. Characterize and distinguish company and commercial establishment
8. Characterize the individual entrepreneur
9. Identify the types of commercial societies
10. Know the procedures associated with insolvency
art I Individual relationship of work
1. Sources of labor law
2. Characteristics of the employment contract
3. Formation and content of the employment contract
4. Termination of employment contract
Part II Commercial Law
1. Companies and commercial establishment
2. The individual entrepreneur
3. Commercial societies
This curricular unit is aimed at introducing students to research projects applied to business sciences. In addition, this curricular unit is also aimed at providing students with an holistic vision of the different aspects relevant to the business sciences and to materealise the knowledge gained in the previous years by conducting assisted applied research.
– to apply the main business sciences concepts to projects of applied research;
– to understand the methodological problems involved in scientific research;
– critically discuss and comment results of applied research.
1. Research Design
2. Qualitative methods
3. Quantitative methods
4. Combining qualitative and quantitative methods.