Module 3 – Financial Management I (3 ECTS)
19th-21st January 2022
Objective of the module is to provide participants with theoretical tools and practical techniques used in understanding the basic of accounting and financial management in the context of RIs. Furthermore, the module focuses on relevant issues in the interpretation of Income Statement, Balance Sheet, Cash Flow Statement and the Budget. Although the module will not make them experts in accounting, they will however be provided with the necessary tools to understand the financial performance of RIs
This module provides a study of current practices in accounting and financial reporting in RIs. The emphasis is on the interpretation of existing financial reporting. The module has a very practical emphasis with a wide variety of cases, in-class discussion to enhance relevance.
Lectures, group works, case discussions, and a final assignment
The programme covers the following topics
- Basic concepts of Accounting
- From operations to the measurement of financial performance
- The financial sustainability of RIs
Introduction to Financial Statements and Budgeting
1. Income Statement, Balance Sheet, Cash Flow Statement
5. Revenues and expenses
6. Cash flow
7. Budget and budgeting
Fees & Enrolment
Participation fee: 1,200 Euros
Tuition fees include:
Access to the University’s facilities
Coffee breaks and lunches during face-to-face modules
Fees do not include travel costs and living expenses. For accommodation, participants will benefit from the University’s agreements with nearby hotels.
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This module will be held at the University of Milano-Bicocca. The University of Milano-Bicocca is located at Piazza dell’Ateneo Nuovo, 1 in Milan. Our campus benefits from the full array of learning environments and university-wide services.
Meet the Faculty
University of Milano-Bicocca:
Markus Pasterk, BBMRI-ERIC, Administrative Director (Read More)
Artur Rodrigues, Associate Professor at the Department of Management, School of Economics and Management, University of Minho (Read More)
Marco Rossi, Studio Profis (Read More)
Who should Apply ?
• Director Generals, Chief Operating Officers or their equivalent
• Recently appointed or upcoming senior managers
• Heads of National Nodes
• Heads of Finance and Administration, HR and Communication
• Middle management
• Representatives of funding bodies and ministries responsible for RI funding