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Front Page > Archived Education > Hotel and Restaurant Business (R-RB) > 2006 > Year 2 > Planning of Budgets and Finances (RRA0602)

Planning of Budgets and Finances

Structure Type: Study unit
Code: RRA0602
Type: Compulsory / Professional Studies
Curriculum: R-RB 2006
Level: Bachelor of Hospitality Management
Year of Study: 2 (2007-2008)
Credits: 3 cr
Responsible Teacher: Hautamäki, Timo
Language of Instruction: Swedish

Courses During the Academic Year 2007-2008

Impl.Study TimeTeacher(s)LanguageEnrolment
22007-10-29 – 2008-05-02Timo HautamäkiFinnish2007-10-08 – 2007-11-02

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: 39 h
- of which autonomous studies: 42 h

Prerequisites / Recommended Optional Courses

Profitability Calculations

Contents

Budgeting Selling Income,diffe rent kinds of Costs and Repaying Loans.

Recommended or Required Reading and Other Learning Resources/Tools

J. Ahonen, T. Koskinen & T. Romero. 2009. Opas ravintolan liiketoimintasuunnitelman laatimiseen. Restamark. Luku 10: Taloussuunnitelma sekä siihe kuuluvat liitteet.
Selander, K. & Valli, V. (2007) Hinnoittelu ja kannattavuus matkailu- ja ravitsemisalalla. WSOY

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, exercises, teamwork, 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 study period RMA0401 Yrittäjyys II), 40 %
- Assessment on numeric scale 0-5.


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