Industrial economics (4 cr)
Code: TSAE0100-3003
General information
- Enrollment
-
04.01.2021 - 10.01.2021
Registration for the implementation has ended.
- Timing
-
01.01.2021 - 16.05.2021
Implementation has ended.
- Number of ECTS credits allocated
- 4 cr
- Local portion
- 4 cr
- Mode of delivery
- Face-to-face
- Unit
- School of Technology
- Campus
- Main Campus
- Teaching languages
- Finnish
- Degree programmes
- Bachelor's Degree Programme in Energy and Environmental Technology
- Bachelor's Degree Programme in Electrical and Automation Engineering
- Teachers
- Harri Tuukkanen
- Groups
-
TSA18SBBachelor's Degree Programme in Electrical and Automation Engineering
- Course
- TSAE0100
Evaluation scale
0-5
Objective
You understand the operation and management models of an industrial organization. You know the financial terms. You understand the differences between financial and real processes. You are able to interpret the financial statements and analyze the state of a company by utilizing financial KPI's. You are able to calculate costs and price a product or a service. You understand the basics of investment calculations and the concept of payback period. You have an understanding of the cost effects of asset management.
Content
Management
Financial accounting
Management accounting
Business game
Location and time
Kevät 2021
Materials
Martinsuo ym. Teollisuustalous kehittyvässä liiketoiminnassa
Haverila ym. Teollisuustalous
Teaching methods
Luokkaopetus.
Exam schedules
Opintojakson päätteeksi. Tutkintosäännön mukaan.
Student workload
Oppitunnit n. 45h
Yrityspeli n. 12h
Tehtävät ja harjoitustyö n. 40h
Assessment criteria, satisfactory (1)
(1)
You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You are able to price a product. You know some terminology and part of the other contents of the course.
Assessment criteria, good (3)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Assessment criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.