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Financial Decision-making (4 cr)

Code: LB10043-3002

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
4 cr
Local portion
4 cr
Mode of delivery
Contact learning
Unit
International Business (BB)
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
English
Seats
20 - 50
Degree programmes
Degree Programme in International Business
Teachers
IB Virtuaali
Markku Naumanen
Teacher in charge
Markku Naumanen
Groups
LBNS23
Bachelor of Business Administration, International Business, Fall, 2023
Course
LB10043

Evaluation scale

H-5

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

Course is On-campus.

Materials

will defined later on.

Teaching methods

Course Overview:
Equips you with the skills and knowledge necessary to make strategic financial decisions within an organization. Building on the foundational concepts from previous financial courses, you get to know deeper the elements of financial planning, investment analysis, and business control mechanisms. The course emphasizes the integration of financial strategies with overall business objectives, ensuring you to contribute effectively to their organization’s financial health and strategic goals.
Main Learning goals:
Understand and apply strategic financial planning in both short-term and long-term contexts.
Analyze and interpret financial statements to inform decision-making.
Evaluate investment opportunities and learn the methods to manage investment projects.
Comprehend the use of Balanced Scorecard key elements for performance measurement and strategic management.
Identify and secure funding sources for investments, tailored to the needs of small/medium-sized enterprises and large corporations.
Understand the roles and responsibilities of financial managers within an organization

Further information

Mandatory courses related and prerequisites : Approved grade from Financial Calculations -course and highly recommended to do Financial Management -course prior to this course.

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