Evaluation of Investment Projects - a subject offered in English 330-PS1-3OPI#E

Study Profile: General Academic
Study Mode: Full-time
Course Type: Major subject
Class Group: GROUP 3 Major Subjects
Field: Social Sciences, Discipline: Economics and Finance
Year/Semester: first-cycle studies, Year III, Semester 5
Prerequisites: None

Number of teaching hours divided by type:
Lecture: 15 hours,
Exercises: 30 hours.

Teaching Methods:
• Informative lecture conducted using multimedia presentations and activating methods, allowing students to ask questions and participate in discussions;
• Exercises conducted using activating methods that engage students in independent and group work, as well as discussions: solving tasks and tests, joint discussion of issues on a given topic, problem-solving methods, didactic discussion;
• Demonstration method during asynchronous remote classes;
• Problem-solving methods, didactic discussion, and solving tasks and tests during individual consultations according to the lecturer's consultation schedule, depending on the student's needs.

ECTS Points: 5 points.

Student's Workload (type of student's activity and number of hours):
• Attendance in lectures: 15 hours.
• Participation in exercises: 30 hours.
• Studying course literature: 12 hours.
• Preparation for exercises: 20 hours.
• Preparation for the test: 20 hours.
• Exam preparation: 20 hours.
• Participation in consultations: 6 hours.
• Taking the exam: 2 hours.

Total Student Workload: 125 hours (1 ECTS = 25 hours).

Quantitative Indicators:
• Student workload associated with classes requiring the direct participation of the teacher (Number of hours/ECTS points):
53 hours / 2.12 ECTS

Term 2022:

Profile of studies: general academic
Form of studies: full-time
Type of course: major
Module: M_3
Field and discipline of science: Social sciences, discipline: economics and finance
Year of studies/semester: first-cycle studies
Entry requirements (the so-called sequential system of classes and examinations): none
Number of teaching hours: lecture 15 hours, classes 30 hours
Teaching methods:
• traditional lecture conducted with the use of multimedia presentations, engaging the students to ask questions during the lecture,
• exercises: engaging students to work alone and in groups as well as to discuss the undertaken topics,
• individual consultations according to the lecturer's consultation schedule, depending on the student's needs.
ECTS points: 5 points
Balance of student workload (type of activity and number of hours):
• participation in lectures (15 hours)
• studying literature on the subject (15 hours)
• preparation for the final exam (15 hours)
• participation in classes (30 hours)
• preparation for classes (15 hours)
• preparation for a colloquium (15 hours)
• preparation of homework - written assignments (5 hours)
• participation in consultations (13 hours)
• participation in a written exam (2 hours)
The total student workload: 125 hours
Quantitative indicators:
• student workload related to the activities requiring the teacher's direct participation (Number of hours / ECTS credits):
60 hours / 2.4 ECTS
• student workload related to practical classes (Number of hours / ECTS points):
85 h / 3.4 ECTS

Term 2023:

Type of course

obligatory courses

Course coordinators

Luiza Kostecka-Tomaszewska

Mode

General:

Blended learning

Term 2022:

(in Polish) w sali

Learning outcomes

Learning outcomes in the field of knowledge:

• 3OPI_W01 - knows and understands in an advanced degree the principles of conducting business activities in the field of investment efficiency assessment and making decisions about their initiation or suspension - KP6_WG6
• 3OPI_W02 - knows and understands in an advanced degree the methods of financial mathematics and tools for collecting, processing, and presenting data used in the investment efficiency assessment process - KP6_WG7

Learning outcomes in the field of skills:

• 3OPI_U01 - can identify, analyze, and interpret the causes of changes in the efficiency level of investment projects - KP6_UW1
• 3OPI_U02 - can properly select sources of information necessary in the investment project efficiency assessment process and make decisions based on them about initiating or suspending an investment - KP6_UW2
• 3OPI_U03 - can choose and apply appropriate methods and financial mathematics tools to formulate and solve problems in the field of investment efficiency assessment - KP6_UW3
• 3OPI_U04 - can use the acquired knowledge in the field of investment effectiveness assessment to analyze and evaluate economic projects and can propose optimal solutions in the field of investment plans in the company - KP6_UW5
• 3OPI_U05 - can plan and organize individual and team work to propose optimal solutions in the field of investment plans in the company - KP6_UO1
• 3OPI_U06 - can cooperate with other people as part of team work in the field of investment efficiency assessment and preparation of investment plans in the company - KP6_UO2
• 3OPI_U07 - can independently plan and implement lifelong learning and supplement and improve acquired knowledge and skills in the field of planning and evaluating the efficiency of investment projects - KP6_UU1

Learning outcomes in the field of social competencies:

• 3OPI_K01 - is ready to participate in the development of social projects, taking into account economic and legal aspects - KP6_KO1

Assessment criteria

General conditions are defined by the Study Regulations of the University of Białystok (Annex to Announcement No. 6/2022 of the Rector of the University of Białystok dated December 7, 2022).

Lecture:
• A condition for passing the lecture is achieving the assumed learning outcomes. The methods designated for their verification include: a written or oral exam (for students who received a grade of 5.0 from exercises).
• A prerequisite for being allowed to take the exam is achieving the learning outcomes set for the exercises.
• To pass the exam, students must obtain at least 51% of the total possible points.

Exercises:
• A condition for passing the exercises is achieving the assumed learning outcomes. The methods designated for their verification include: a written test and active participation during classes.
• To pass the exercises, students must obtain at least 51% of the total possible points.

Depending on the applicable regulations, tests or final exams may be conducted using electronic means of communication.

Bibliography

Basic and supplementary (selected items - details will be provided directly by the lecture and exercise instructors):
Bojańczyk, M., Corporate finance: new challenges, Akademia Finansów i Biznesu Vistula, Warszawa 2022.
Brigham, E.F., Ehrhardt, M.C., Financial management: theory and practice, Cengage Learning, Ohio 2008.
Brooks, R.M., Financial management: core concepts, Pearson, Boston 2016.
Dębski, W., Theoretical and practical aspects of corporate finance management, Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2005.
Gallagher T.J., Financial Management: Principles and Practice, 2016.
Gorlewski, B., Project effectiveness evaluation, Warsaw School of Economics, Warszawa 2015.
Gorlewski, B., Wolański, M., Foundations of project feasibility studies, Warsaw School of Economics Warszawa 2015.
International Financial Reporting Standards (IFRS), IFRS Foundation, [online], https://www.ifrs.org/.
Komorowski, J., Investment projects: management, analysis, evaluation, Warsaw School of Economics, Warszawa 2015.
Lumby S., Jones Ch., Corporate finance: theory and practice, Cengage Learning, Andover 2019.
Melicher, R.W., Norton, E.A., Introduction to Finance: Markets, Investments, and Financial Management, John Wiley & Sons, Hoboken 2008.

Term 2022:

Brigham, E., Financial management, Ohio 2008.
Brooks, R.M., Financial management, Boston 2016.
Gallagher T.J., Financial Management: Principles and Practice, 2016.
Gorlewski, B., Project effectiveness evaluation, Warszawa 2015.
Komorowski, J., Investment projects, Warszawa 2015.
Melicher, R.W., Introduction to finance, 2008.

Term 2023:

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 330-PS1-3OPI#E in USOSweb