Opetussuunnitelmat

Objective

Intended Learning Outcomes: The course aims to help you understand, explore, and analyze multiple financial aspects in the corporate sector. The emphasis is on understand conceptual aspects, and their practical applications from the point of view of investors, and finance managers, in the field of corporate risk management, quantitative financial analysis, investment analysis, corporate finance, international finance, accounting information analysis, strategic management accounting, financial forecasting, financial institutions and markets, personal finance, etc.

You will get several opportunities to familiarize with the following Course Level Intended Learning Outcomes (ILOs) of Financial Management course of the JAMK as below-

Skills in Critical and Analytical Understanding (IBCRI)- Critically review, analyze and understand the information available from academic and professional business sources.
You can identify, outline, master, analyze, and synthesize the core financial concepts at the firm-level as well as global level with respect to financial structure, fundamentals of risks and return, dynamics of wealth management and asset prices, investment appraisal, sustainable finance, the board of directors dynamics, etc. You are encouraged to analyze the core financial concepts and to synthesize them into coherent financial information and its implications.

Applied Business Skills (IBBUS)- Apply disciplinary and interdisciplinary knowledge to analyze business challenges and global trends to propose or put into action practical business solutions based on the findings.
You can gather, analyze, and apply financial data, for example in the context of portfolio management and capital structure, and make interpretations and draw inferences by applying diverse and interdisciplinary knowledge. You will outline and evaluate the key patterns and trends in the asset portfolios; and interpret and infer diverse financial aspects in the light of dynamic global business environment comprising investors’ background, institutional settings, attitudes and behaviors of investors, policies, rules, regulations, technical specifications, and legal practices. You will also develop your intellectual skills concerning micro, and macro-financial policies from the multiple stakeholders’ perspectives and understand the major variables that make up the financial structure of the firms and their interactions with the corporate strategic decision-making and business operations. You will understand and underpin the factors emanating from the financial activities of the firms and global financial developments, risks and challenges, that affect business operations, strategies, and planning. By doing so, you can enhance your decision-making skills by finding solutions based on your findings, concerning financial management in the context of complex business scenario.

Intercultural Collaboration Skills (IBCOL)- Demonstrate intercultural teamwork, leadership, and conflict resolution skills.
You will be able to work, cooperate and coordinate your classmates who hail from diverse cultural backgrounds. You will enhance your teamwork skills, the spirit of ownership of responsibilities, and making distribution of tasks in the equitable manner as well as motivate and encourage other group members and learn from each other.

Content

Corporate risk management, quantitative financial analysis, investment analysis, corporate finance, firm leverage and cost of capital, international finance, accounting information analysis, corporate valuation, investment appraisal, strategic management accounting, financial forecasting, sustainable finance, wealth management, behavioral finance, financial technology (FINTECH), financial scandals, executive remuneration financial institutions and markets etc.

Location and time

Autumn-Spring semester of each academic year

Oppimateriaali ja suositeltava kirjallisuus

Course Material:
Lecture slides, case studies, spreadsheets, textbooks, research articles, videos, assignments, online resources etc. Please check learning platform on regular basis.

Core books
-Richard A. Brealey, Stewart C. Myers and Franklin Allen, Principles of Corporate Finance, 13th Edition (2019). The McGraw-Hill.
- Stephen Ross and Randolph Westerfield and Jeffrey Jaffe and Bradford Jordan, Corporate Finance, 12th Edition (2018). The McGraw-Hill.
- Jonathan Berk and Peter DeMarzo, Corporate Finance, 5th Edition (2020). Pearson.

Other books
-Mark Grinblatt and Sheridan Titman, Financial Markets & Corporate Strategy
- Glen Arnold, Corporate Financial Management
- Stephen Lofthouse, Investment Management
- Jeff Madura, International Financial Management
-Or any other text on introductory Financial Management


On-line sources
• https://www.youtube.com/channel/UCeZf5FUwF9LrvdnjXhiCGKQ/videos
The above channel is run by the lecturer himself.
• https://www.investing.com/indices/uk-100-historical-data
• https://uk.finance.yahoo.com/
• https://finance.yahoo.com/
• http://www.nasdaqomxnordic.com
• http://www.worldbank.org/
• http://www.oecd.org/
• https://www.bloomberg.com
• https://www.reuters.com/finance
• https://www.bbc.com/news/business
• http://ssrn.com
• http://www.imf.org
• http://www.ifc.org

Teaching methods

In-classroom and online

Exam schedules

Last week of May

International connections

Projects in collaboration with international partner universities. Possibility of corporate projects.

Student workload

You will be required to required to invest 135 hours approximately and the break up of the total time is as below:
Lectures: 40 hours
Workshop: 15 Hours
Assignment Preparations: 20 Hours
Examination Preparations: 50 Hours
Miscellaneous: 10 Hours

Further information

Exchange and Study Abroad students: 20 (included in the total capacity)

Evaluation scale

0-5

Arviointikriteerit, tyydyttävä (1-2)

Closed Book Written Exam (50%)
Grade 1 and 2: You will get a grade of ‘one’ if you are able to demonstrate a basic level of evidence of the following ILOs- Analytical Business Skills (IBBUS), and Critical Thinking (IBCRI).
You will get a grade of ‘two’ if you are able to demonstrate satisfactory level of evidence of in the following ILOs -Analytical Business Skills (IBBUS), and Critical Thinking (IBCRI).

Group Presentations based on the class assignments (50%)
Grade 1 and 2: You will get a grade of ‘one’ if you are able to demonstrate very basic level of evidence of the following ILOs- Analytical Business Skills (IBBUS), Critical Thinking (IBCRI), and Collaborative Skills (IBCOL).
You will get a grade of ‘two’ if you are able to demonstrate satisfactory level of evidence of in the following ILOs- Analytical Business Skills (IBBUS), Critical Thinking (IBCRI), and Collaborative Skills (IBCOL).

Arviointikriteerit, hyvä (3-4)

Closed Book Written Exam (50%)
Grade 3 and 4: You will get a grade of ‘three’ if you are able to demonstrate good level of evidence of in the following ILOs- Analytical Business Skills (IBBUS), and Critical Thinking (IBCRI).
You will get a grade of ‘four’ if you are able to demonstrate an excellent level of evidence of in the following ILOs- Analytical Business Skills (IBBUS), and Critical Thinking (IBCRI).

Group Presentations based on the class assignments (50%)
Grade 3 and 4: You will get a grade of ‘three’ if you are able to demonstrate good level of evidence of in the following ILOs- Analytical Business Skills (IBBUS), Critical Thinking (IBCRI), and Collaborative Skills (IBCOL).
You will get a grade of ‘four’ if you are able to demonstrate an excellent level of evidence of in the following ILOs- Analytical Business Skills (IBBUS), Critical Thinking (IBCRI), and Collaborative Skills (IBCOL).

Assessment criteria, excellent (5)

Closed Book Written Exam (50%)
You will get a grade of ‘five’ if you are able to demonstrate an excellent level of evidence of in the following ILOs- Analytical Business Skills (IBBUS), and Critical Thinking (IBCRI) with more extensive mathematical and graphical descriptions.

Group Presentations based on the class assignments (50%)
You will get a grade of ‘five’ if you are able to demonstrate an excellent level of evidence of in the following ILOs- Analytical Business Skills (IBBUS), Critical Thinking (IBCRI) and Collaborative Skills (IBCOL).

Qualifications

First year studies or Financial Accounting and Management Accounting completed

Further information

You will learn, understand, explore, and analyze multiple financial aspects in the corporate sector. Conceptual aspects, and their practical applications will be discussed from the point of view of investors, and finance managers, in the field of corporate risk management, quantitative financial analysis, investment analysis, corporate finance, international finance, accounting information analysis, strategic management accounting, financial forecasting, financial institutions and markets, personal finance etc.