Study Guide

Objectives (course unit)

The student understands the basics of industrial accounting. The student masters the basics of cost accounting, investment calculations and budgeting and is able to apply them in electrical business. The student understands the key elements of financial statements and is able to analyze them.

The student understands the various functions of industrial activities and their added value (eg Marketing, Product Development, Production, Purchasing, Logistics) and the connection between them from the point of view of business management and operations. Is able to critically and comprehensively look at and connect the opportunities offered by IoT and sustainable development (eg circular economy) in industrial business.

The student understands the laws and operating principles of the electricity market.

Content (course unit)

Management accounting, cost accounting, financial reporting and industrial investment.
Marketing, product development, production and purchasing, and operations management in an industrial setting.
Utilization of Iot in Industrial Business
Sustainable development
Electricity market

Location and time

See Lukkari

Exam schedules

No exam

Assessment scale

0-5

Teaching methods

Online teaching
Indipendent learning
Project learning
Group assignment

Learning materials

Moodle

Student workload

According to TAMK schedule and Moodle timing instruction.
Online lessons, independent study and group assignments

Content scheduling

Information during first lecture

Completion alternatives

Not available

Practical training and working life cooperation

N.A.

International connections

Not available