Finance and Corporate GovernanceLaajuus (7 op)

Osaamistavoitteet

In reference to the Intended Learning Outcomes (ILOs), students are expected to acquire the followings:
Knowledge and understanding
KU1: EMPLOY THEORETICAL AND CONCEPTUAL KNOWLEDGE TO IDENTIFY AND ANALYZE BUSINESS PROBLEMS IN GLOBAL CONTEXTS.
The students are able to understand, explore, discuss and analyze multiple theoretical aspects. They understand conceptual aspects, and their practical applications from the point of view of investors, and finance managers, in the field of corporate risk management, corporate finance, international finance, accounting information analysis, strategic management, accounting, financial institutions and markets, personal finance etc.

KU2: IDENTIFY AND PLACE INTO PRACTICE INFORMAT ION-BASED DECISION MAKING APPROACHES TO BUSINESS AND MANAGERIAL PROBLEMS.

The ability to make decisions and to draw conclusions from available information are fundamental skills of a manager. Managers analyze financial statements in the organizational decision-making process. For an MNC, which constantly faces challenges of identifying financial risks, utilizes various methods to minimizing its exposure to risks, and designs risk management strategy etc. The programme provides several opportunities to students to analyze above-mentioned scenario, in the light of practical application of theoretical concepts, in different situations of global businesses contexts. Knowledge of data analysis techniques is a key aspect of the programme. Data analysis techniques, particularly quantitative techniques, in the field of financial analysis, investment analysis, financial forecasting etc. are extensively used in order to solve complex business problems.

Intellectual Skills: Information Management in Business
IS2: YOU ARE ABLE TO INTERPRET AND ANALYSE COMPLEX BUSINESS ISSUES FROM MULTIPLE PERSPECTIVES AND CRITICALLY REVIEW ACADEMIC LITERATURE AND OTHER RELEVANT INFORMAT ION SOURCES

The multicultural global business environment comprises various norms, values, traditions, beliefs, policies, rules, regulations, technical specifications and legal practices. Global business managers, besides understanding each of the above-mentioned aspects, must have skills to combine these aspects meticulously to take strategic business decisions in a constantly changing and unpredictable business world. Managers need to apply their skills to effective face situations of trade-offs, conf

Sisältö

International financial markets, corporate risk management, taxation in cross-border operations, issues pertaining to corporate ethics and responsibility, sustainable finance, financial statement analysis, quantitative financial analysis, investment analysis, financial risk management, research methods in finance and investment, portfolio investment management, strategic management accounting, financial forecasting, financial institutions and markets, capital investment appraisal and real assets valuation, financial ratios analysis, cost of capital using relevant benchmarks and risk profiles of firms, financing choice in the light of taxation and bankruptcy costs, managerial incentives and motivations, corporate & entrepreneurial finance, dynamics of mergers and acquisitions (M&A), theories and practices of corporate governance, functioning of internal control mechanisms (e.g. internal audit, audit committees etc.) in the domain of overall audit process, understand functioning of external corporate governance mechanisms, executive compensation, dynamics of minority shareholders and expropriation of the firm value for private use, regulatory and legal aspects of corporate governance, behavioral finance, and financial technology (FINTECH).

Esitietovaatimukset

First year studies

Arviointikriteerit, tyydyttävä (1)

The general criteria of the competences of the Bachelor's Degrees awarded by Finnish Universities of Applied Sciences provide can be found on JAMK's web pages (http://www.jamk.fi/english/forstudents/studyguid e). The learning outcomes of individual courses are assessed in relation to the objectives of the course concerned. Assessment is based on knowledge, skills and competence in accordance with the National and European Qualifications Framework, level 6.

1 (Sufficient): The student has very basic level knowledge of core concepts of finance, and usage of accounting data, in order to run profitable business.
KU1 The student attempts to demonstrate his/her theoretical knowledge. However, command of the subject area remains unclear.
IS1 The student fails to show a convincing ability to transform empirical data into applicable real-life situations.
IS2 There is an attempt to create a situational analysis but based on it, the objectives and/or value remains unclear.
2 (Satisfactory): The student has satisfactory knowledge of corporate governance aspects related to accounting policies and financial planning of corporates.
KU1 The student demonstrates his/her theoretical knowledge at a reasonably clear level and has an obvious overall command of the subject area. Central concepts have been defined satisfactorily.
IS1 The student shows a basic ability to transform empirical data into applicable real-life situations.
IS2 A reasonably clear situational analysis has been created.
3 (Good): The student can analyze financial health of the company based on interpretations on financial statements in the light of corporate governance practices and regulatory framework.
KU1The student demonstrates his/her theoretical knowledge at a relatively clear level and displays a competent command of the subject area. Central concepts have been defined rather well.
IS1 The student shows adequate but general ability to transform empirical data into applicable real-life situations.
IS2 A relatively clear situational analysis has been created.
4 (Very good): The student can plan and forecast the financial health of the company based on interpretations on financial statements in the light of corporate governance practices and regulatory framework; and develop appropriate strategic financing and business strategies based on financial management tools.
KU1The student demonstrates his/her theoretical knowledge fluently and displays a good command and understanding of the subject area. Central concepts have been defined very well.
IS1The student shows competent ability to transform empirical data into applicable real-life situations. The ideas are worth implementing.
IS2 An explicit situational analysis has been created.
5 (Excellent): The student can plan and forecast the financial health of the company based on interpretations on financial statements in the light of corporate governance practices and regulatory framework. The student utilizes financial tools perfectly, and provides information-based managerial insights and suggestions pertaining to strategic financing and business decisions.
KU1The student demonstrates his/her theoretical knowledge in detail and displays a clear command of the subject area. Central concepts have been defined with precision.
IS1The student shows an advanced ability to transform empirical data into applicable real-life situations. The ideas have significant value for implementation.
IS2 An explicit and focused situational analysis in which the objectives are clear and set correctly regarding the problem, has been created.