4.

BBA IN FINANCE AND ACCOUNTING PROBLEMS

Core courses problems

1. Allocation of scarce resources.

2. Modelling, relationship between economic variables.
3. Maximizing behaviour.
4. Decision-making models.
5. Demand and supply.
6. Market equilibrium altering and price setting.
7. Sensitivity to price of quantities demanded and supplied.
8. Consumer choice and preferences.
9. Applications of consumer theory.
10. Budget constraint and shifting of demand curves.
11. Effects of price change.
12. Factor markets, labour, capital.
13. Production function.
14. Short- and long-run production.
15. Productivity factors changing the production function.
16. Economies and diseconomies of scale.
17. Measurement of short- and long-run costs.
18. Competition models.
19. Policies that shift supply curves.
20. Monopoly model and profit maximisation.
21. Price and quantity discrimination.
22. Oligopoly and monopolistic competition.
23. Interest rates and investment.
24. Capital markets and uncertainty.
25. Money to money relationship: today and in the future.
26. Decision-making under uncertainty.
27. Relationships between international commercial law, European commercial law and
Polish commercial law.
28. Private law and business forms: partnerships, corporations, property, contracts,
securing contracts, inheritance, bill of exchange, letter of credit.
29. Matrices: definition, manipulation and examples of applications.
30. Single variable functions: definition, graph and properties.
31. Statistical data acquisition and management.
32. Basic probability concepts (random trials, sample space and events, probability
distributions, basis probability theorems).
33. Use of statistical parameters for solution of problems.
34. Data collection and preparation in econometrics.
35. Balance sheet and its analysis.
36. The importance of the cash flow statement and its analysis.
37. Breakeven point and its role in decision making.
38. NPV and calculating expected rates of return.
39. Financial system: instruments, market, institutions.
40. Elements of public finance: budget, deficit, incomes, spending, tax policies.
 41. Banking system: the role of central, commercial and investment banks in the financial
system.
42. Capital and money markets and instruments.
43. Valuation of capital market instruments.
44. Risk and return theory – CAPM model.
45. Labour markets and causes of unemployment.
46. Fiscal policy, taxes, government debt and budget deficits.
47. Stabilisation policy, the role of policy rules.
48. Differences between process costing and job-order costing.
49. Ways of measurement of cost of capital.
50. Standard costing and variance analysis.

Major courses problems

1. Interest measurement (simple interest, compound interest, discounting).

2. Simple problems with compound interest.
3. Internal rate of return, net present value methods.
4. Typical amortisation schedules for loans.
5. Current debt value (prospective and retrospective method).
6. Valuation of fixed interest securities (e.g. bonds), yield curve, duration, sensitivity.
7. Balance sheet analysis – structure and dynamics.
8. Profit and loss statement analysis.
9. Cash flow statement analysis and analysis of other information contained in corporate
reports.
10. Financial ratios and their interpretation.
11. Use of statistical and econometric methods in credit scoring and analysis.
12. Double entry book-keeping principles and maintenance of accounting records.
13. Qualitative characteristics of financial information in accounting.
14. Main elements of financial reports.
15. Recording transactions and events: provisions and contingencies.
16. Preparing a trial balance: control accounts and reconciliations.
17. Preparing basic financial statements and events after reporting period.
18. Globalisation and its effect on the economy.
19. Foreign exchange market, market microstructure and financial innovation.
20. Efficiency of foreign exchange markets and forecasting exchange rates.
21. Offshore markets – eurocurrencies and eurobonds.
22. Foreign currency options.
23. Currency and interest rate swaps.
24. International asset portfolios.
25. International corporate financing.
26. Economics of financial crises.
27. Time value of money concept and its usage in financial management.
28. Value creation as a goal for financial management: valuation of companies (DCF and
EVA approaches).
29. Investment decision rules: accounting income decision rules vs. cash flow-based
decision rules.
30. Goals and tasks of finance department in value-based management.
31. Breakeven point analysis.
32. Risk analysis in capital budgeting – sensitivity and scenario analysis.
33. Working capital management: measuring and estimating working capital needs.
34. Debt financing options: bank debt, bonds, leasing.
35. Stock market, theory of rational expectations, and efficient market hypothesis.
36. Banking and management of financial institutions.
37. Banking industry: different types of risk and hedging strategies.
38. Central banking and conduct of monetary policy.
39. Tools of monetary policy.
40. Global banking – banking strategies and foreign expansion of banks.
41. Structure of financial systems and differences between countries.
42. The concept of risk and its meaning in the organisation.
43. Insurance and risk: interdependence.
44. Meaning and objectives of risk management.
45. Private insurance in the financial services industry.
46. Insurance company operations.
47. Financial operations of insurers.
48. Regulation of insurance.
49. Life and health insurance.
50. The concept of liability risk and insurance.
51. Theories of management – historical overview of practices and theories of
management.
52. Structure and its evolution in organisations.
53. Structure and its relation to environmental change.
54. Managerial decision-making, problem-solving; decision-making in relation to ethical
issues and corporate social responsibility.
55. People, problems of motivation, identity and control in organisations.
56. Organisation strategy – planned or emergent?
57. Culture and its relation to structure, technology and human capital in organisations.
58. Learning and change in evolving technological and organisational contexts.
59. Groups and teams – dynamics, conflicts, politics and power.
60. Organisational identity and roles.
61. Entrepreneurship.
62. Ethics and CSR.
63. Leadership.
64. The concept of value: stock exchange simulation.
65. Investment decisions.
66. Risk and return in investment decisions.
67. Risk and return of portfolios.
68. Diversification and efficient portfolios.
69. Capital asset pricing model.
70. Weighted average cost of capital (WACC).
71. Adjusted present value method.
72. Performance measures: return on investment.
73. Capital structure and cost of capital.
74. The building blocks of financial engineering.
75. Evolution of financial instruments.
76. Financial instruments in risk management.
77. Pricing and valuation of forward contracts.
78. Pricing and valuation of futures contracts.
79. Pricing and valuation of FRAs.
80. Pricing and valuation of swap contracts.
81. A primer on pricing and valuation of options.
82. Risk management processes in financial institutions.
83. Risk management processes in industrials.
84. New trends in workplace development.
85. Competencies of modern managers.
86. Organisational learning point of view on management process.
87. Social groups in organisations – their significance and functions.
88. Empowering and high performance organisations.
89. Role of conflicts in organisations – traditional and contemporary perspective.
90. Methods of managing conflicts in organisations.
91. Ways of overcoming resistance to organisational change.
92. Complexity of decision-making in the face of uncertainty.
93. Turning reputation into asset: matching ethical rhetoric with reality.
94. Company reputation versus relationships with stakeholders.
95. Opportunities and limitations of business ethics and CSR in organisations.
96. Codes of ethics, their design, introduction and implementation.
97. Liability of directors and officers.
98. Non-disclosure agreements.
99. Transactional tax.
100. Intellectual and industrial property rights