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Financial management

Structure Type: Study unit
Code: SSYS1601
Curriculum: IBM 2021
Level: Master of Business Administration
Credits: 4 cr
Responsible Teacher: Koskinen, Ossi
Language of Instruction: Finnish

Courses

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3003SSY2020-2Y2022-01-01 – 2022-07-31Ossi KoskinenFinnish2021-12-01 – 2022-01-10
3004SSY2021-2Y2023-01-01 – 2023-07-31Johanna KaraaslanFinnish2022-12-01 – 2023-01-10
3005S-SY-2Y, SSY2022-2Y2024-01-01 – 2024-05-31Johanna KaraaslanFinnish2023-12-01 – 2024-01-12

Learning Outcomes

The student knows how to
- carry out different phases in financial administration processes
- independently work out an annual budget and an strategy for a work unit
- evaluate the profitability and economy of the actions

Student's Workload

Total work load of the course 54 h, of which scheduled studies 14 h and autonomous studies 40 h.
The assesment of student's own learning 1 h is included in contact lessons.

Contents

- Middle and long term planning and compilation of annual budget and an strategy
- Cash flow analysis and the contents and meaning of a balance estimate
- Monitoring economy and actions with different measurements

Recommended or Required Reading and Other Learning Resources/Tools

Material pointed out by the lecturer

Mode of Delivery / Planned Learning Activities and Teaching Methods

Contact teaching, independent and guided network studies.

Assessment Criteria

Grade 1: The student
- carries out different phases in financial administration processes with guidance
- works out an annual budget and an strategy for a work unit with guidance
- evaluates as an example the profitability and economy of the actions
Grade 3: The student
- carries out different phases in financial administration processes and applies the knowledge in a familiar context
- works out an annual budget and an strategy for a work unit independently
- evaluates the profitability and economy of the actions processes and applies the knowledge in a familiar context
Grade 5: The student
- knows how to analyze and evaluate different phases in financial administration processes and applies the knowledge in a new context
- works out an annual budget and an strategy for a work unit independently
- evaluates analytically the profitability and economy of the actions processes and applies the knowledge in a new context

Assessment Methods

Total work load of the course 54 h, of which scheduled studies 14 h and autonomous studies 40 h.


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