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Front Page > Archived Education > Hotel and Restaurant Business (R-HR) > 2005 > Year 2 > Planning of Budgets and Finances (RHA0602)

Planning of Budgets and Finances

Structure Type: Study unit
Code: RHA0602
Type: Compulsory / Professional Studies
Curriculum: R-HR 2005
Level: Bachelor of Hospitality Management
Year of Study: 2 (2006-2007)
Credits: 3 cr
Responsible Teacher: Hautamäki, Timo
Language of Instruction: Finnish

Courses During the Academic Year 2006-2007

Impl.Study TimeTeacher(s)LanguageEnrolment
12006-10-30 – 2007-05-04Timo HautamäkiFinnish2006-10-09 – 2006-11-05

Learning Outcomes

The student is able to present financial information for planning, budgeting and decision- making.

Student's Workload

Total work load of the course: 81 h
- of which scheduled studies: 18 h
- of which autonomous studies: 63 h

Prerequisites / Recommended Optional Courses

Profitability Calculations

Contents

Budgeting of Selling Income and different kinds of Costs, Repaying of Loans

Recommended or Required Reading and Other Learning Resources/Tools

- Ahonen, Koskinen & Romero (2009) Opas ravintolan liiketoimintasuunnitelman laatimiseen. Restamark. Chapter 10 Taloussuunnitelma
- Selander, K. & Valli, V. 2007. Hinnoittelu ja kannattavuus matkailu ja ravitsemisalalla. WSOY.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, exercises, independent study.

Assessment Criteria

1 = the student has knowledges in economical planning and is able to use his/her knowledge in practise
3 = the student has good knowledges in economical planning and has good abilities to use his/her knowledge in practise
5 = the student has excellent knowledges in economical planning and has excellent abilities to use his/her knowledge in practise

Assessment Methods

- Examination, 60 %
- Assignment: Budget for the business plan (see RMA0401 Yrittäjyys II), 40 %
- Assessment on numeric scale 0-5.


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