Planning of Budgets and Finances
| Structure Type: | Study unit |
|---|---|
| Code: | RBA0602 |
| Type: | Compulsory / Basic Studies |
| Curriculum: | R-HB 2006 |
| Level: | Bachelor of Hospitality Management |
| Year of Study: | 2 (2007-2008) |
| Credits: | 3 cr |
| Responsible Teacher: | Martin, Elina |
| Language of Instruction: | English |
Courses During the Academic Year 2007-2008
| Impl. | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|
| 2 | 2007-10-29 – 2008-03-07 | Mikko Peltola | Finnish | 2007-10-08 – 2007-11-02 |
Learning Outcomes
The student is able to present financial information for planning, budgeting and decision- making.
Contents
Budgeting procedure, different kinds of budgets, finance and investment calculations.
Recommended or Required Reading and Other Learning Resources/Tools
- Kotas, R. 1999. Management Accounting for Hospitality and Tourism. International Thomson Business Press, London. Or
- Harris, P. 1999. Profit Planning. Oxford. Butterworth-Heinemann.
- Jagels M.G. & Coltman M.M. 2004 Hospitality Management Accounting, New Jersey.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, exercises, independent study.
Assessment Criteria
5 The student understands very well the importance of economic planning, knows the theory of economic planning very well and can independently apply this knowledge in practical situations.
3 The student understands well the importance of economic planning, knows the theory of economic planning well and can independently apply this knowledge in practical situations.
1 The student understands the importance of economic planning, knows the theory of economic planning and can apply this knowledge in practical situations under supervision.
Assessment Methods
- Examination
- Assignment: Budget for the business plan (see study period RBP0202 Entrepreneurship)
- Assessment on numeric scale 0-5.