Profitable Tourism Business (5 cr)
Code: PR10019-3003
General information
- Enrollment
- 01.04.2025 - 30.04.2025
- Registration for the implementation has ended.
- Timing
- 25.08.2025 - 19.12.2025
- The implementation has not yet started.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Contact learning
- Unit
- Restonomikoulutus (PR)
- Campus
- Wärtsilä Campus Karjalankatu 3
- Teaching languages
- Finnish
- Seats
- 20 - 60
- Degree programmes
- Degree Programme in Tourism and Service Business
- Teachers
- Teppo Tarnanen
- Keijo Koskinen
- Teacher in charge
- Teppo Tarnanen
- Groups
-
PRAS24Hospitality Management (BA), Tourism and Catering, blended learning, Fall, 2024
- Course
- PR10019
Evaluation scale
H-5
Objective
They can use financial statements to assess the growth, profitability, liquidity and solvency of a company. They can determine the cost of a product or service, use different pricing methods and assess the profitability of products, customers and the company as a whole.
They will be able to use budgeting and other tools for financial planning.
They will be able to draw up an investment plan for a tourism business and assess its profitability.
Content
Interpretation of financial statements.
Pricing based on incremental and operating cost accounting.
Distribution of sales revenue within the network between the company, subcontractors and distribution channels.
Inventory management and profitability.
Budgeting: profit and loss budgeting. Sensitivity analysis as a tool for budgeting. Liquidity, cash budgeting.
Investment planning.