The course is included in these curricula and study modules

Level/category

General studies

Teaching language

English

Type of course

Compulsory

Cycle/level of course

First

Recommended year of study

1

Total number of ECTS

5 cr

Competency aims

In this study unit the focus lies on the following
competencies:

Fact-based decision making competency
Learning and career-oriented competency

SDG´s in focus:
#1 NO POVERTY
#4 QUALITY EDUCATION
#5 GENDER EQUALITY
#8 DECENT WORK AND ECONOMIC GROWTH
#9 INDUSTRY, INNOVATION AND INFRASTRUCTURE
#10 REDUCED INEQUALITIES
#16 PEACE, JUSTICE AND STRONG INSTITUTIONS
#17 PARTNERSHIPS FOR THE GOALS

Learning outcomes

Upon completion of this study unit:

You can describe the role and functions of
financial management. (Knowledge)

You can describe and understand the structure of
financial reports. (Knowledge)

You are able to perform basic financial analysis.
(Skills)

You can set up a budget and calculate the price
for a
product. (Skills)

You understand and implement the balanced
scorecard.
(Skills)

You reflect over different costing methods.
(Approach)

Course contents

- Role and methods for financial management
- Role and structure of the financial
statements,
- Basic financial statement analysis
- Role and methods for budgeting.
- Simple income statement and cash flow budgets
- Role and structure of cost accounting
- Balanced scorecard

Prerequisites and co-requisites

None

Additional information

Additional and information is available on
Itslearning and will be given during the
lectures.
All information provided in this course
description is subject to change.

Recommended or required reading

Brealey & Myers: Principles of Corporate
Finance.

Harrison, Horngren, Thomas: Financial
Accounting.
More information on course literature will be
given during the lectures.

Study activities

  • Lectures - 30 hours
  • Practical exercises - 20 hours
  • Individual studies - 85 hours

Workload

  • Total workload of the course: 135 hours
  • Of which autonomous studies: 135 hours
  • Of which scheduled studies: 0 hours

Mode of Delivery

Participation in tuition

Assessment methods

  • Exams (written-, oral-, home-)
  • The dates for the re-examinations will be given later.

Assessment requirements

To pass the course the student should pass the
following examinations:

- mandatory assignments during the course
- final assignment or exam
- mandatory attendance at guest lectures,
presentations or corporate visits
- 50% of max.points is needed for passing the
course.

Teacher

Donner Henrica

Examiner

Puukko Linda

Home page of the course

Group size

No limit

Assignments valid until

12 months after course has ended

Assessment methods

  • Date of examination will be announced later - Exams
  • Date will be announced later - Other assignments

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