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Financial Decision-makingLaajuus (4 cr)

Code: LB10043

Credits

4 op

Teaching language

  • English

Responsible person

  • Iouri Kotorov

Objective

After successfully completing the course, you can demonstrate an understanding of the need for corporate planning in the business environment and an understanding of planning concerning all company activities. You are able to see a broad perspective of planning and control. Moreover, you will understand how the budgeting process and budgets are linked to the overall planning and control system.

Content

- Financial accounting
- Investments
- Budgeting
- Management accounting
- Calculations

Enrollment

01.04.2024 - 30.04.2024

Timing

26.08.2024 - 20.12.2024

Number of ECTS credits allocated

4 op

Mode of delivery

Contact teaching

Campus

Wärtsilä Campus Karjalankatu 3

Teaching languages
  • English
Seats

20 - 50

Degree programmes
  • Degree Programme in International Business
Teachers
  • Iouri Kotorov
  • Pekka Sivonen
Teacher in charge

Pekka Sivonen

Groups
  • LBNS22
    Bachelor of Business Administration, International Business, Fall, 2022

Objective

After successfully completing the course, you can demonstrate an understanding of the need for corporate planning in the business environment and an understanding of planning concerning all company activities. You are able to see a broad perspective of planning and control. Moreover, you will understand how the budgeting process and budgets are linked to the overall planning and control system.

Content

- Financial accounting
- Investments
- Budgeting
- Management accounting
- Calculations

Location and time

Wärtsiä-campus

Teaching methods

Objectives of the course
After completing the course, you will know how to plan the activities of a company and how to produce information to support decision-making. You will be able to make cost and profitability calculations. You will know investment appraisal methods and be able to prepare investment calculations. You know the principles of budgeting and can make budgets for a small company. You will be familiar with the development of a balanced scorecard. You know how to analyse business

Content
Business control, management accounting, cost and profitability calculations, pricing, investments, budgeting, financial accounting, balanced scorecard and reporting

Evaluation scale

H-5