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Basics of Finance Management
Study Course Description
Course Description Statuss:Approved
Course Description Version:2.00
Study Course Accepted:02.02.2024 12:29:55
| Study Course Information | |||||||||
| Course Code: | VVDG_037 | LQF level: | Level 7 | ||||||
| Credit Points: | 2.00 | ECTS: | 3.00 | ||||||
| Branch of Science: | Economics; Other economic and management sub-sectors | Target Audience: | Rehabilitation | ||||||
| Study Course Supervisor | |||||||||
| Course Supervisor: | Alina Dūdele | ||||||||
| Study Course Implementer | |||||||||
| Structural Unit: | Faculty of Social Sciences | ||||||||
| The Head of Structural Unit: | |||||||||
| Contacts: | Dzirciema street 16, Rīga, szf rsu[pnkts]lv | ||||||||
| Study Course Planning | |||||||||
| Full-Time - Semester No.1 | |||||||||
| Lectures (count) | 4 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 8 | ||||
| Classes (count) | 4 | Class Length (academic hours) | 4 | Total Contact Hours of Classes | 16 | ||||
| Total Contact Hours | 24 | ||||||||
| Study course description | |||||||||
| Preliminary Knowledge: | Basics of economics. | ||||||||
| Objective: | To develope understanding of health care financing models and their impact to availability of health care and rehabilitation services, to develope basic financial analysis skills. | ||||||||
| Topic Layout (Full-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | Health care systems financing | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 2 | Purchasing methods in health care | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 3 | Classification of costs. Break even point. Cost of goods sold. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 4 | Elaboration of plans. Sources of investment. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| Assessment | |||||||||
| Unaided Work: | Literature research, rehabilitation services market analysis in Latvia, preparation of a rehabilitation service implementation business plan | ||||||||
| Assessment Criteria: | Active participation in practical exercises; timely submitted, qualitatively executed written works, quality of oral answers; presentations of independent tasks. | ||||||||
| Final Examination (Full-Time): | Exam (Written) | ||||||||
| Final Examination (Part-Time): | |||||||||
| Learning Outcomes | |||||||||
| Knowledge: | Students understand the impact of the financing system on the provision of health care services, understand supply and demand in health care. | ||||||||
| Skills: | Students can analyze and interpret simple financial statements, prepare a company budget and identify possible sources of investment. | ||||||||
| Competencies: | Students are able to critically analyze and interpret financial information in health care, are able to organize financial aspects in the course of implementing new rehabilitation services. | ||||||||
| Bibliography | |||||||||
| No. | Reference | ||||||||
| Required Reading | |||||||||
| 1 | M.Rurāne. Finanšu pārvaldība un analīze. Rīga, 2019 | ||||||||
| 2 | R.Gruen, A.Howarth. Financial management in Health Services. Open University press, 2005 | ||||||||
| 3 | A.Dūdele, T.Korsaka. Finanšu vadība. Rīga, 2003 | ||||||||
| Additional Reading | |||||||||
| 1 | S.Berger. Fundamentals of Health Care Financial Management. A Practical Guide to Fiscal issues and Activities, 2008 | ||||||||
