VAMK

Change language: Suomi

Front Page > Archived Education > Tourism (R-TRB) > 2011 > Year 2 > Planning of Budgets and Finances (RBA0602)

Planning of Budgets and Finances

Structure Type: Study unit
Code: RBA0602
Type: Compulsory / Basic Studies
Curriculum: R-TRB 2011
Level: Bachelor of Hospitality Management
Year of Study: 2 (2012-2013)
Credits: 3 cr
Responsible Teacher: Martin, Elina
Language of Instruction: English

Courses During the Academic Year 2012-2013

Impl.Study TimeTeacher(s)LanguageEnrolment
82013-01-07 – 2013-03-01Mikko PeltolaEnglish2012-12-07 – 2013-01-07

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.


Back