Financial PlanningLaajuus (3 cr)

Objectives

The course presents the common financial practices when setting up a company, planning business profitability and working capital needs. The approach is practical with case studies.

After completing the course, the students will be able to:
• Adopt the key elements for stable financial position of a company
• Estimate and simulate profitability, Cost-Volume-Profit analysis
• Prepare relevant financial projections for starting a company, budgeting
• Set the needs for working capital
• Attach financial plans, as part of business plan

Content

• What are the factors of profitable business?
• How to make company profit and loss budget?
• How to estimate cash flow needs?
• How to simulate and improve company profitability?
• What are the local aspects of company financials?