Financial Planning (3cr)
Code: 3B00CT31-3002
General information
- Enrolment period
- 24.09.2016 - 23.10.2016
- Registration for the implementation has ended.
- Timing
- 24.10.2016 - 20.12.2016
- Implementation has ended.
- Credits
- 3 cr
- Mode of delivery
- Contact learning
- Unit
- International Business
- Campus
- TAMK Main Campus
- Teaching languages
- English
- Degree programmes
- Bachelor's Degree Programme in International Business
Objectives (course unit)
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 (course unit)
• 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?
Exam schedules
To be informed.
Assessment methods and criteria
Course Exam and exercised assigned
Assessment scale
0-5
Teaching methods
Contact teaching, teamworking, exercises
Learning materials
- Book: Accounting and Finance, an introduction, 8th ed. (Mclaney - Atrill)
- Course slide material
- Excercises
Student workload
3 credits, based contact teaching, assignments and exercises. As Part of the course students are reading named chapters of the book.
Content scheduling
The course is implented during P2, totally 6 sessions (6*3h) of contact teaching.
Completion alternatives
To be agreed with teacher, in case.
Practical training and working life cooperation
International course in english (IB.)
International connections
International course in english (IB.)
Assessment criteria - fail (0) (Not in use, Look at the Assessment criteria above)
No participation, exam failed.
Assessment criteria - satisfactory (1-2) (Not in use, Look at the Assessment criteria above)
Partial participation, Exam with basic understanding, Basic results with assignments.
Assessment criteria - good (3-4) (Not in use, Look at the Assessment criteria above)
Exam with relevant understanding, active participation in lectures and assigemnts.
Assessment criteria - excellent (5) (Not in use, Look at the Assessment criteria above)
Exam with high scores, activity at high level, adoption of the themes covered.