Financial managementLaajuus (5 cr)
Code: YZ00CL58
Credits
5 op
Teaching language
- Finnish
- English
Responsible person
- Pekka Pirinen, Liiketalous
- Riitta Räsänen
- Aki Laaksonen, IBM/SBM
Objective
The object of the course
In the management of any organization, you must deal with financial matters. Financial management involves the interaction and cooperation of internal and external organizational stakeholders to achieve the organization's (financial) goals. In this course, you become acquainted with the methods, principles, and practices of financial management from the perspective of general management of an organization.
Course competences
Learning to learn: The student is able to acquire, critically assess and produce information while taking into account the perspectives of different fields.
Ethics: The student implements the principles of responsible conduct of research and promotes their application in their work community.
Proactive development: The student is able to analyse the current situation and anticipate the future of their field and changes in the operating environment.
The learning objectives of the course
You acquire information on the key methods, principles, and practices of financial management from the perspective of organizational general management and research in the professional field. You examine their significance in your own work. You identify and analyze financial management practices and issues, as well as your own financial management capabilities and skills for improving operations. You choose and justify a target for the development and reform of organizational financial management, which you analyze. You develop in applying the principles of good scientific practice.
Content
Profitability, contribution margin thinking, activity-based analysis, performance measurement, key figure analysis, investments, budgeting, cash flow, forecasting, sensitivity analysis
Assessment criteria, satisfactory (1)
Sufficient 1
You recognize the key methods, principles, and practices of financial management in the general management of an organization. You acknowledge their significance in your own work. You identify challenges in financial management, and your own financial management skills and practices. You tell about the field of financial management and research and apply the principles of good scientific practice. You name areas for development and reform in organizational financial management.
Satisfactory 2
You understand the key methods, principles, and practices of financial management in the general management of an organization. You describe their significance in your own work and engage in discussions about them. You differentiate challenges in financial management, and your own financial management skills and practices. You explain in your own words the field of financial management and research and apply the principles of good scientific practice. You describe how an organization's financial management can be developed and renewed.
Assessment criteria, good (3)
Good 3
You illustrate the key methods, principles, and practices of financial management in the general management of an organization. You apply them in your own work and present them. You explain financial management challenges, as well as your own financial management skills and practices. You present the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Very good 4
You delineate the key methods, principles, and practices of financial management in the general management of an organization. You structure them in your own work and engage in debates about them. You analyze financial management challenges, as well as your own financial management skills and practices. You integrate the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Assessment criteria, excellent (5)
Excellent 5
You evaluate the key methods, principles, and practices of financial management in the general management of an organization. You justify their use in your own work and defend them. You relate financial management challenges, and own financial management skills and practices. You assess the field of financial management and research and apply the principles of good scientific practice. You plan how an organization's financial management can be developed and renewed.
Enrollment
01.08.2024 - 22.08.2024
Timing
16.09.2024 - 15.12.2024
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Online learning
Unit
School of Business
Teaching languages
- Finnish
Seats
20 - 45
Degree programmes
- Master's Degree Programme in Project Management
- Master's Degree Programme in Project Management
- Master's Degree Programme in Project Management
Teachers
- Pekka Pirinen
Groups
-
YHP24S1Projektijohtaminen ylempi AMK, tradenomi
-
YSB24S1Projektijohtaminen ylempi AMK, sosiaali- ja terveysala
-
YMB24S1Projektijohtaminen ylempi AMK, marata
Objectives
The object of the course
In the management of any organization, you must deal with financial matters. Financial management involves the interaction and cooperation of internal and external organizational stakeholders to achieve the organization's (financial) goals. In this course, you become acquainted with the methods, principles, and practices of financial management from the perspective of general management of an organization.
Course competences
Learning to learn: The student is able to acquire, critically assess and produce information while taking into account the perspectives of different fields.
Ethics: The student implements the principles of responsible conduct of research and promotes their application in their work community.
Proactive development: The student is able to analyse the current situation and anticipate the future of their field and changes in the operating environment.
The learning objectives of the course
You acquire information on the key methods, principles, and practices of financial management from the perspective of organizational general management and research in the professional field. You examine their significance in your own work. You identify and analyze financial management practices and issues, as well as your own financial management capabilities and skills for improving operations. You choose and justify a target for the development and reform of organizational financial management, which you analyze. You develop in applying the principles of good scientific practice.
Content
Profitability, contribution margin thinking, activity-based analysis, performance measurement, key figure analysis, investments, budgeting, cash flow, forecasting, sensitivity analysis
Learning materials and recommended literature
Järvenpää, M., Länsiluoto, A., Partanen, V. & Pellinen, J. (2013). Talousohjaus ja kustannuslaskenta (2. uud. painos). Helsinki : Sanoma Pro. ISBN 978-952-63-2005-2 (nidottu).
Neilimo, K. & Uusi-Rauva, E. (2005). Johdon laskentatoimi. (6. uud. painos). Helsinki : Edita. ISBN 978-951-37-4109-9 (nidottu).
Pellinen, J. (2019). Kustannuslaskenta ja kannattavuusajattelu (3. uud. painos). Helsinki : Alma Talent. ISBN 978-952-14-3588-1 (verkkoaineisto) ja ISBN 978-952-14-3586-7 (nidottu).
Pellinen, J. (2017). Talousjohtaminen (2 uud. painos). Helsinki : Alma Talent. ISBN 978-952-14-3009-1 (verkkoaineisto) ja ISBN 978-952-14-3007-7 (nidottu).
Videos of Eduhouse
Teaching methods
Webinars
Literature
Video material
Exercises and assignments
Exam dates and retake possibilities
An exam is not part of this course.
Alternative completion methods
A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.
Student workload
Student's time usage in total 135 h
Webinars 5 h
Video material 10 h
Literature 25 h
Exercises and assignments 95 h
Further information for students
The assessment in the course is based on the competence demonstrated in learning assignments which are done individually, in pairs or in groups (100 %, 5 ECTS credits).
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
Sufficient 1
You recognize the key methods, principles, and practices of financial management in the general management of an organization. You acknowledge their significance in your own work. You identify challenges in financial management, and your own financial management skills and practices. You tell about the field of financial management and research and apply the principles of good scientific practice. You name areas for development and reform in organizational financial management.
Satisfactory 2
You understand the key methods, principles, and practices of financial management in the general management of an organization. You describe their significance in your own work and engage in discussions about them. You differentiate challenges in financial management, and your own financial management skills and practices. You explain in your own words the field of financial management and research and apply the principles of good scientific practice. You describe how an organization's financial management can be developed and renewed.
Evaluation criteria, good (3-4)
Good 3
You illustrate the key methods, principles, and practices of financial management in the general management of an organization. You apply them in your own work and present them. You explain financial management challenges, as well as your own financial management skills and practices. You present the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Very good 4
You delineate the key methods, principles, and practices of financial management in the general management of an organization. You structure them in your own work and engage in debates about them. You analyze financial management challenges, as well as your own financial management skills and practices. You integrate the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Evaluation criteria, excellent (5)
Excellent 5
You evaluate the key methods, principles, and practices of financial management in the general management of an organization. You justify their use in your own work and defend them. You relate financial management challenges, and own financial management skills and practices. You assess the field of financial management and research and apply the principles of good scientific practice. You plan how an organization's financial management can be developed and renewed.
Enrollment
01.08.2024 - 22.08.2024
Timing
16.09.2024 - 15.12.2024
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Online learning
Unit
School of Business
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Master's Degree Programme in Project Management
- Johtamisen tutkinto-ohjelma, ylempi AMK, Sosiaali- ja terveysala
- Johtamisen tutkinto-ohjelma, ylempi AMK, Tradenomi
Teachers
- Pekka Pirinen
Groups
-
ZJAYJH24S1Avoin AMK, lita, YAMK-polut, Johtaminen, ylempi amk, Organisaation ja talouden johtaminen
-
YJH24S1Johtamisen tutkinto-ohjelma, ylempi AMK, tradenomi
Objectives
The object of the course
In the management of any organization, you must deal with financial matters. Financial management involves the interaction and cooperation of internal and external organizational stakeholders to achieve the organization's (financial) goals. In this course, you become acquainted with the methods, principles, and practices of financial management from the perspective of general management of an organization.
Course competences
Learning to learn: The student is able to acquire, critically assess and produce information while taking into account the perspectives of different fields.
Ethics: The student implements the principles of responsible conduct of research and promotes their application in their work community.
Proactive development: The student is able to analyse the current situation and anticipate the future of their field and changes in the operating environment.
The learning objectives of the course
You acquire information on the key methods, principles, and practices of financial management from the perspective of organizational general management and research in the professional field. You examine their significance in your own work. You identify and analyze financial management practices and issues, as well as your own financial management capabilities and skills for improving operations. You choose and justify a target for the development and reform of organizational financial management, which you analyze. You develop in applying the principles of good scientific practice.
Content
Profitability, contribution margin thinking, activity-based analysis, performance measurement, key figure analysis, investments, budgeting, cash flow, forecasting, sensitivity analysis
Learning materials and recommended literature
Järvenpää, M., Länsiluoto, A., Partanen, V. & Pellinen, J. (2013). Talousohjaus ja kustannuslaskenta (2. uud. painos). Helsinki : Sanoma Pro. ISBN 978-952-63-2005-2 (nidottu).
Neilimo, K. & Uusi-Rauva, E. (2005). Johdon laskentatoimi. (6. uud. painos). Helsinki : Edita. ISBN 978-951-37-4109-9 (nidottu).
Pellinen, J. (2019). Kustannuslaskenta ja kannattavuusajattelu (3. uud. painos). Helsinki : Alma Talent. ISBN 978-952-14-3588-1 (verkkoaineisto) ja ISBN 978-952-14-3586-7 (nidottu).
Pellinen, J. (2017). Talousjohtaminen (2 uud. painos). Helsinki : Alma Talent. ISBN 978-952-14-3009-1 (verkkoaineisto) ja ISBN 978-952-14-3007-7 (nidottu).
Videos of Eduhouse
Teaching methods
Webinars
Literature
Video material
Exercises and assignments
Exam dates and retake possibilities
An exam is not part of this course.
Alternative completion methods
A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.
Student workload
Student's time usage in total 135 h
Webinars 5 h
Video material 10 h
Literature 25 h
Exercises and assignments 95 h
Further information for students
The assessment in the course is based on the competence demonstrated in learning assignments which are done individually, in pairs or in groups (100 %, 5 ECTS credits).
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
Sufficient 1
You recognize the key methods, principles, and practices of financial management in the general management of an organization. You acknowledge their significance in your own work. You identify challenges in financial management, and your own financial management skills and practices. You tell about the field of financial management and research and apply the principles of good scientific practice. You name areas for development and reform in organizational financial management.
Satisfactory 2
You understand the key methods, principles, and practices of financial management in the general management of an organization. You describe their significance in your own work and engage in discussions about them. You differentiate challenges in financial management, and your own financial management skills and practices. You explain in your own words the field of financial management and research and apply the principles of good scientific practice. You describe how an organization's financial management can be developed and renewed.
Evaluation criteria, good (3-4)
Good 3
You illustrate the key methods, principles, and practices of financial management in the general management of an organization. You apply them in your own work and present them. You explain financial management challenges, as well as your own financial management skills and practices. You present the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Very good 4
You delineate the key methods, principles, and practices of financial management in the general management of an organization. You structure them in your own work and engage in debates about them. You analyze financial management challenges, as well as your own financial management skills and practices. You integrate the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Evaluation criteria, excellent (5)
Excellent 5
You evaluate the key methods, principles, and practices of financial management in the general management of an organization. You justify their use in your own work and defend them. You relate financial management challenges, and own financial management skills and practices. You assess the field of financial management and research and apply the principles of good scientific practice. You plan how an organization's financial management can be developed and renewed.
Enrollment
01.08.2024 - 22.08.2024
Timing
16.09.2024 - 18.12.2024
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Online learning
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Seats
20 - 40
Degree programmes
- Johtamisen tutkinto-ohjelma, ylempi AMK, Insinööri
- Johtamisen tutkinto-ohjelma, ylempi AMK, Agrologi
Teachers
- Pekka Pirinen
Groups
-
YJL24S1Johtamisen tutkinto-ohjelma, ylempi AMK, agrologi
-
YJT24S1Johtamisen tutkinto-ohjelma, ylempi AMK, insinööri
Objectives
The object of the course
In the management of any organization, you must deal with financial matters. Financial management involves the interaction and cooperation of internal and external organizational stakeholders to achieve the organization's (financial) goals. In this course, you become acquainted with the methods, principles, and practices of financial management from the perspective of general management of an organization.
Course competences
Learning to learn: The student is able to acquire, critically assess and produce information while taking into account the perspectives of different fields.
Ethics: The student implements the principles of responsible conduct of research and promotes their application in their work community.
Proactive development: The student is able to analyse the current situation and anticipate the future of their field and changes in the operating environment.
The learning objectives of the course
You acquire information on the key methods, principles, and practices of financial management from the perspective of organizational general management and research in the professional field. You examine their significance in your own work. You identify and analyze financial management practices and issues, as well as your own financial management capabilities and skills for improving operations. You choose and justify a target for the development and reform of organizational financial management, which you analyze. You develop in applying the principles of good scientific practice.
Content
Profitability, contribution margin thinking, activity-based analysis, performance measurement, key figure analysis, investments, budgeting, cash flow, forecasting, sensitivity analysis
Learning materials and recommended literature
Järvenpää, M., Länsiluoto, A., Partanen, V. & Pellinen, J. (2013). Talousohjaus ja kustannuslaskenta (2. uud. painos). Helsinki : Sanoma Pro. ISBN 978-952-63-2005-2 (nidottu).
Neilimo, K. & Uusi-Rauva, E. (2005). Johdon laskentatoimi. (6. uud. painos). Helsinki : Edita. ISBN 978-951-37-4109-9 (nidottu).
Pellinen, J. (2019). Kustannuslaskenta ja kannattavuusajattelu (3. uud. painos). Helsinki : Alma Talent. ISBN 978-952-14-3588-1 (verkkoaineisto) ja ISBN 978-952-14-3586-7 (nidottu).
Pellinen, J. (2017). Talousjohtaminen (2 uud. painos). Helsinki : Alma Talent. ISBN 978-952-14-3009-1 (verkkoaineisto) ja ISBN 978-952-14-3007-7 (nidottu).
Videos of Eduhouse
Teaching methods
Webinars
Literature
Video material
Exercises and assignments
Exam dates and retake possibilities
An exam is not part of this course.
Alternative completion methods
A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.
Student workload
Student's time usage in total 135 h
Webinars 5 h
Video material 10 h
Literature 25 h
Exercises and assignments 95 h
Further information for students
The assessment in the course is based on the competence demonstrated in learning assignments which are done individually, in pairs or in groups (100 %, 5 ECTS credits).
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
Sufficient 1
You recognize the key methods, principles, and practices of financial management in the general management of an organization. You acknowledge their significance in your own work. You identify challenges in financial management, and your own financial management skills and practices. You tell about the field of financial management and research and apply the principles of good scientific practice. You name areas for development and reform in organizational financial management.
Satisfactory 2
You understand the key methods, principles, and practices of financial management in the general management of an organization. You describe their significance in your own work and engage in discussions about them. You differentiate challenges in financial management, and your own financial management skills and practices. You explain in your own words the field of financial management and research and apply the principles of good scientific practice. You describe how an organization's financial management can be developed and renewed.
Evaluation criteria, good (3-4)
Good 3
You illustrate the key methods, principles, and practices of financial management in the general management of an organization. You apply them in your own work and present them. You explain financial management challenges, as well as your own financial management skills and practices. You present the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Very good 4
You delineate the key methods, principles, and practices of financial management in the general management of an organization. You structure them in your own work and engage in debates about them. You analyze financial management challenges, as well as your own financial management skills and practices. You integrate the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Evaluation criteria, excellent (5)
Excellent 5
You evaluate the key methods, principles, and practices of financial management in the general management of an organization. You justify their use in your own work and defend them. You relate financial management challenges, and own financial management skills and practices. You assess the field of financial management and research and apply the principles of good scientific practice. You plan how an organization's financial management can be developed and renewed.
Enrollment
01.08.2024 - 24.08.2024
Timing
02.09.2024 - 18.12.2024
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Online learning
Unit
School of Business
Campus
Main Campus
Teaching languages
- English
Seats
20 - 40
Degree programmes
- Master's Degree Programme in Sport Business Management
- Master's Degree Programme in International Business Management
Teachers
- Aki Laaksonen
- Pekka Pirinen
Teacher in charge
Aki Laaksonen
Groups
-
ZJAYHS24S1Avoin AMK, lita, YAMK-polut, Sport Business Management
-
ZJAYBB24S1Avoin AMK, lita, YAMK-polut, International Business Management
-
YHS24S1Master's Degree Programme in Sport Business Management
-
YBB24S1Master of Business Administration, DP in International Business Management
-
YBB23S1Master of Business Administration, DP in International Business Management
-
YHS23S1Master's Degree Programme in Sport Business Management
-
YHS22S1Master's Degree Programme in Sport Business Management
-
YHS21S1Master's Degree Programme in Sport Business Management
-
YBB22S1Master's Degree Programme in International Business
-
YBB21S1Master's Degree Programme in International Business
Objectives
The object of the course
In the management of any organization, you must deal with financial matters. Financial management involves the interaction and cooperation of internal and external organizational stakeholders to achieve the organization's (financial) goals. In this course, you become acquainted with the methods, principles, and practices of financial management from the perspective of general management of an organization.
Course competences
Learning to learn: The student is able to acquire, critically assess and produce information while taking into account the perspectives of different fields.
Ethics: The student implements the principles of responsible conduct of research and promotes their application in their work community.
Proactive development: The student is able to analyse the current situation and anticipate the future of their field and changes in the operating environment.
The learning objectives of the course
You acquire information on the key methods, principles, and practices of financial management from the perspective of organizational general management and research in the professional field. You examine their significance in your own work. You identify and analyze financial management practices and issues, as well as your own financial management capabilities and skills for improving operations. You choose and justify a target for the development and reform of organizational financial management, which you analyze. You develop in applying the principles of good scientific practice.
Content
Profitability, contribution margin thinking, activity-based analysis, performance measurement, key figure analysis, investments, budgeting, cash flow, forecasting, sensitivity analysis
Learning materials and recommended literature
Brealey, R. A., Myers, S. C., Allen, F., & Edmans, A. (2023). Principles of corporate finance (14th ed. International student ed.). McGraw Hill. (eBook)
Davidson, W. N. (2018). Financial forecasting and decision making (1st edition.). Wiley. (eBook)
Mitchell, F., & Nørreklit, H. (2019). How to take action for successful performance management: A pragmatic constructivist approach. Business Expert Press. (eBook)
Oncioiu, I. (2022). Perspectives of management accounting for sustainable business practices. IGI Global, Business Science Reference. (eBook)
Sugahara, S., Daidj, N., & Ushio, S. (2017). Value creation in management accounting and strategic management. iSTE. (eBook)
More recent editions also applicable.
Teaching methods
Webinars
Literature
Video material
Exercises and assignments
Exam dates and retake possibilities
An exam is not part of this course.
Alternative completion methods
A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.
Student workload
Student's time usage in total 135 h
Webinars 10 h
Video material 10 h
Literature 25 h
Exercises and assignments 90 h
Further information for students
The assessment in the course is based on the competence demonstrated in learning assignments which are done individually, in pairs or in groups (100 %, 5 ECTS credits).
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
Sufficient 1
You recognize the key methods, principles, and practices of financial management in the general management of an organization. You acknowledge their significance in your own work. You identify challenges in financial management, and your own financial management skills and practices. You tell about the field of financial management and research and apply the principles of good scientific practice. You name areas for development and reform in organizational financial management.
Satisfactory 2
You understand the key methods, principles, and practices of financial management in the general management of an organization. You describe their significance in your own work and engage in discussions about them. You differentiate challenges in financial management, and your own financial management skills and practices. You explain in your own words the field of financial management and research and apply the principles of good scientific practice. You describe how an organization's financial management can be developed and renewed.
Evaluation criteria, good (3-4)
Good 3
You illustrate the key methods, principles, and practices of financial management in the general management of an organization. You apply them in your own work and present them. You explain financial management challenges, as well as your own financial management skills and practices. You present the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Very good 4
You delineate the key methods, principles, and practices of financial management in the general management of an organization. You structure them in your own work and engage in debates about them. You analyze financial management challenges, as well as your own financial management skills and practices. You integrate the field of financial management and research and apply the principles of good scientific practice. You illustrate how an organization's financial management can be developed and renewed.
Evaluation criteria, excellent (5)
Excellent 5
You evaluate the key methods, principles, and practices of financial management in the general management of an organization. You justify their use in your own work and defend them. You relate financial management challenges, and own financial management skills and practices. You assess the field of financial management and research and apply the principles of good scientific practice. You plan how an organization's financial management can be developed and renewed.