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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
PRAS24
Hospitality 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.

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