Financial Technology ManagementLaajuus (5 cr)

Objectives

Students are able to:
- find cost information in a complex technology environment
- calculate costs in a complex technology environment
- calculate also value network costs and seek optimal cost level
- determine strategic indicators

Content

Student can use figures from management accounting in decision making and knows what to demand from management accounting. Student masters the basics of profitability, cost effectiveness and overhead costing. Student can calculate the cost and added value of an value network. Student knows key customer management and customer based costing and how value is created.
Topics:
Cost management
- trends in macroeconomics and their application in corporation economics
- product cost, total costs and its indicators in engineering and decision making in a multiple product environment
- internal and management accounting
- goal costing in product development and production
- budgeting
- customer profit and pricing strategies
- systems thinking in economics

Further information

The course can be in Finnsh or English depednding on the students' language skills. Students from other masters programs are accepted into the course.