Foundations of Financial Management (5cr)

Objectives (course unit)

After completing the course student
- understands the vocabulary, main concepts and factors of financial management
- knows what kind of financial reports are used in representing the financial situation of a company
- is able to draw up different calculations for financial planning and target setting
- is able to evaluate and analyze profitability and overall financial situation of an organization
- understands the principals of cost accounting and cost structure
- knows the structure and contents of income statement and balance sheet
- is able to formulate business plan calculations

Content (course unit)

The course is intended for all Master’s degree students who want to develop their financial management skills regardless of their field. It is also suitable for students from other higher education institutions through cross-institutional studies.

- Main vocabulary and concepts of financial management
- Contents of balance sheet and income statement
- Budgeting and reporting
- The role of key performance indicators and performance metrics
- Business plan
- Sustainability reporting, ESRS, VSME
- Artificial Intelligence supporting financial management

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

Student has achieved the objectives of the course sufficiently. Student understands main concepts, calculations and models of financial management and is somewhat able to apply the learning to practise.

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

Student has achieved the objectives of the course well although the skills and competences are somewhat in need of further development. Studentknows the concepts of financial management and is able to create calculations and models. Student can apply the learning in practical cases.

Assessment criteria, excellent (5) (course unit)

Student has achieved the objectives of the course excellently. The student masters the concepts, calculations and models of financial management in an excellent manner. Student has good capabilities to apply the learning in practice.

Location and time

Kts tarkempi ajoitus Moodlessa, 2.3-29.5.2026, katso jaksotus.

Exam schedules

Ei lopputenttiä, osatehtävät palautettava jaksotetun aikataulun mukaisesti.

Assessment methods and criteria

Moodletentit pisteytetty. Arvioitavien tehtävien yhteispisteet muuntuvat arvosanoiksi.

Assessment scale

0-5

Teaching methods

Itsenäinen verkko-opiskelu. Ei lähi- eikä kontaktiopetusta. Verkkokurssi, yksilötehtäviä.

Learning materials

Materiaalit Moodlessa

Content scheduling

Jakso 1: 2.3-12.4.2026. Ensimmäisen jakson osatehtävät palautettava 12.4 2026 mennessä.
Jakso 2: 13.4.-29.5.2026. Toisen jakson osatehtävät palautettava 29.5 2026 mennessä.
Ole ajoissa yhteydessä opettajaan, jos valmistumisesi takia tarvitset arvosanan jo ennen toukokuun loppua.

Completion alternatives

ei valinnaisia tapoja

Further information

Opintojakso on suunnattu kaikille YAMK-opiskelijoille, jotka haluavat kehittää talousjohtamisen osaamistaan alasta riippumatta. Soveltuu erinomaisesti myös muiden korkakoulujen opiskelijoille ristiinopiskelun kautta.