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Garage EconomicsLaajuus (4 cr)

Code: 5C00ES40

Credits

4 op

Objectives

Students master the basics of garage business management.

Students are able to:
- calculate cost of products and services
- calculate correct price according to the company profitability targets
- calculate cash flow and make a budget accordingly
- calculate the effect of investments on costs, prices and profitability

Content

Garage business idea and business plan, cost management, cash flow, budgeting and accounting.

Assessment criteria, satisfactory (1-2)

The student is able to:
- Calculate the cost of the product and service

Assessment criteria, good (3-4)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals

Assessment criteria, excellent (5)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals
- Calculate cash flow and make a budget based on it
- Calculate the impact of investments on costs, sales price and profitability

Enrolment period

02.07.2024 - 31.07.2024

Timing

01.08.2024 - 31.12.2024

Credits

4 op

Mode of delivery

Contact teaching

Unit

Vehicle Engineering

Campus

TAMK Main Campus

Teaching languages
  • Finnish
Degree programmes
  • Degree Programme in Vehicle Engineering, students who began in 2014-2018
Teachers
  • Sami Kalliokoski
  • Matti Lavikka
Person in charge

Sami Kalliokoski

Groups
  • 22I132

Objectives (course unit)

Students master the basics of garage business management.

Students are able to:
- calculate cost of products and services
- calculate correct price according to the company profitability targets
- calculate cash flow and make a budget accordingly
- calculate the effect of investments on costs, prices and profitability

Content (course unit)

Garage business idea and business plan, cost management, cash flow, budgeting and accounting.

Assessment criteria, satisfactory (1-2) (course unit)

The student is able to:
- Calculate the cost of the product and service

Assessment criteria, good (3-4) (course unit)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals

Assessment criteria, excellent (5) (course unit)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals
- Calculate cash flow and make a budget based on it
- Calculate the impact of investments on costs, sales price and profitability

Assessment scale

0-5

Enrolment period

02.07.2023 - 16.09.2023

Timing

01.08.2023 - 01.12.2023

Credits

4 op

Mode of delivery

Contact teaching

Unit

Vehicle Engineering

Campus

TAMK Main Campus

Teaching languages
  • Finnish
Degree programmes
  • Degree Programme in Vehicle Engineering, students who began in 2014-2018
Teachers
  • Marko Mäkilouko
Person in charge

Marko Mäkilouko

Groups
  • 21I132

Objectives (course unit)

Students master the basics of garage business management.

Students are able to:
- calculate cost of products and services
- calculate correct price according to the company profitability targets
- calculate cash flow and make a budget accordingly
- calculate the effect of investments on costs, prices and profitability

Content (course unit)

Garage business idea and business plan, cost management, cash flow, budgeting and accounting.

Assessment criteria, satisfactory (1-2) (course unit)

The student is able to:
- Calculate the cost of the product and service

Assessment criteria, good (3-4) (course unit)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals

Assessment criteria, excellent (5) (course unit)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals
- Calculate cash flow and make a budget based on it
- Calculate the impact of investments on costs, sales price and profitability

Location and time

See Lukkari

Exam schedules

Exam in the end of the course

Assessment scale

0-5

Teaching methods

Online and classroom training
Indipendent learning
Exam
Assignment

Learning materials

Moodle

Student workload

According to credits

Content scheduling

Lectures, assignment and exam

Completion alternatives

No

Practical training and working life cooperation

Excursion if it is possible

International connections

N.A:

Further information

Industrial economics from engineering point of view

Enrolment period

02.07.2022 - 04.09.2022

Timing

01.08.2022 - 15.12.2022

Credits

4 op

Mode of delivery

Contact teaching

Unit

Vehicle Engineering

Campus

TAMK Main Campus

Teaching languages
  • Finnish
Degree programmes
  • Degree Programme in Vehicle Engineering, students who began in 2014-2018
Teachers
  • Marko Mäkilouko
Groups
  • 20I132

Objectives (course unit)

Students master the basics of garage business management.

Students are able to:
- calculate cost of products and services
- calculate correct price according to the company profitability targets
- calculate cash flow and make a budget accordingly
- calculate the effect of investments on costs, prices and profitability

Content (course unit)

Garage business idea and business plan, cost management, cash flow, budgeting and accounting.

Assessment criteria, satisfactory (1-2) (course unit)

The student is able to:
- Calculate the cost of the product and service

Assessment criteria, good (3-4) (course unit)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals

Assessment criteria, excellent (5) (course unit)

The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals
- Calculate cash flow and make a budget based on it
- Calculate the impact of investments on costs, sales price and profitability

Location and time

See Lukkari

Exam schedules

Exam in the end of the course

Assessment scale

0-5

Teaching methods

Online and classroom training
Indipendent learning
Exam
Assignment

Learning materials

Moodle

Student workload

According to credits

Content scheduling

Lectures, assignment and exam

Completion alternatives

No

Practical training and working life cooperation

Excursion if it is possible

International connections

N.A:

Further information

Industrial economics from engineering point of view