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Financial Management (5 cr)

Code: 3H00DP28-3006

General information


Enrolment period

05.06.2024 - 23.08.2024

Timing

30.08.2024 - 20.10.2024

Credits

5 op

Mode of delivery

Contact teaching

Unit

Business Administration

Campus

TAMK Main Campus

Teaching languages

  • Finnish

Degree programmes

  • Degree Programme in Business Administration

Teachers

  • Helena Karjalainen
  • Kati Kouhia-Kuusisto

Person in charge

Taina Huhtinen

Groups

  • 22LIKOT

Objectives (course unit)

This course deepens the students' knowledge of management accounting methods, estimates and calculations typically used in practice in financial planning and control.

After completing the course the students
- are able to draw up different calculations for financial planning and target setting (e.g. budgets)
- understand the characteristics of a good financial report
- can formulate detailed reports and calculations using Microsoft Excel.
- understand the principals of performance measurement and are able to draw up appropriate performance indicators for company management.

Content (course unit)

How can companies implement financial planning in the long term?
What is the impact of budgeting and estimates in company management?
What is the role of performance indicators in company management?
What kinds of financial reports are used in representing the financial situation of a company?

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

The student knows the most important concepts and calculations of financial planning and control. They are able to formulate some calculations or reports based on instructions and can draw the most obvious conclusions based on the reports or calculations.

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

The student knows the main concepts and calculations of financial planning and control. They can solve practical problems based on this knowledge. The student can draw some reasonable conclusions based on the reports or calculations and is also able to somewhat combine information from different sources into a complete entity.

Assessment criteria, excellent (5) (course unit)

The student has mastered the main concepts and calculations of financial planning and control. They are able to apply this knowledge also in different situations, looking also for new solutions or operations models. The student is able to do reasonable conclusions based on the reports or calculations and also to combine information from different sources into a complete entity.

Assessment scale

0-5