Introduction to Management Accounting

Structure Type:	Study unit
Code:	TI00BR47
Curriculum:	IB 2025
Level:	Bachelor of Business Administration
Year of Study:	1 (2025-2026)
Semester:	Spring
Credits:	5 cr
Responsible Teacher:	Niittykoski, Jukka
Language of Instruction:	English

Courses During the Academic Year 2025-2026

Impl.	Group(s)	Study Time	Teacher(s)	Language
3001	IB2025-A, IB2025-B, IB2026SpringEX	2026-01-06 – 2026-04-30	Kodjovi Lotchi	English

Learning Outcomes

The student is able to analyze the key factors of business profitability and understands how revenues and costs influence decision-making. The student masters the principles of contribution margin accounting, can calculate the break-even point and the margin of safety, and understands their significance in a company’s pricing strategy. In addition, the student learns to prepare simple income and cash flow budgets and to evaluate the financial sustainability of business operations from the perspectives of profitability, solvency, and working capital turnover. The student is also able to determine unit-specific costs, apply various cost accounting methods such as standard and full cost calculations, and understands the basic principles of incremental costing. The student gains a comprehensive understanding of the fundamental prerequisites for profitable business operations, including the relationships between financing, profitability, and solvency.

Student's Workload

5 ECTS credits, equivalent to 135 hours of work.

Prerequisites / Recommended Optional Courses

No prerequisites

Regional Impact

The course takes into account local businesses in the region.

Internationality

The course takes into account international characteristics of the region.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, independent study, assignments.

Assessment Criteria

The course is assessed on a scale from 0 to 5.

Assessment Methods

Instructor’s evaluation.

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