Strategy and Budgeting

Vision, mission and values

Situation Analysis

External Analysis.

Strategic decisions.

Practical examples.

Budgets, prognoses, circulation prognoses.

Operating budget

Shopping Budget

Wage budget

Liquidity Budget

Balance Budget

Investment Budget

Learning outcome:

explain the concepts of strategy and budgeting

demonstrate in-depth knowledge in the fields of strategy and easy budgeting using scientific methods and practices for developing written reports.

independently update his/her knowledge in the field, both through literature search, consulting with experts and by audit of own practice



describe in detail relevant strategic options and describe budgeting as an essential management tool

describe current strategic opportunities

give examples of practical strategy work

give examples of practical budget work

conduct written and oral presentations of the subject's topics

participate actively in the formulation of strategies for the enterprise's budget



insight in respect to the strategic management process and the relationship between strategy and budgeting

skills to participate actively in discussions and ability to share his/her knowledge and experiences with others and contribute to the development of good practice in the field.

ability to communicate scientific information both orally and in writing.

knowledge about facilitating innovation and innovation processes.

Teaching methods and activities

Lectures, group work, self study 

Obligatoriske arbeidskrav:

The teacher determines the content, scope, timeframe and submission of the group work. There will be an oral presentation of the work of up to 10 minutes, and the report should be submitted to the specified date