Teollisuustalous (5cr)

Code

General information

Timing: 01.01.2020 - 31.07.2020; Implementation has ended.

Number of ECTS credits allocated: 5 cr

Local portion: 5 cr

Mode of delivery: Face-to-face

Unit: School of Technology

Teaching languages: Finnish

Degree programmes: Bachelor's Degree Programme in Mechanical Engineering

Teachers: Harri Tuukkanen

Groups: TKN18S1
Konetekniikka

Course: TKKP0950

Unfortunately, no reservations were found for the realization Teollisuustalous TKKP0950-0K0K1. It's possible that the reservations have not yet been published or that the realization is intended to be completed independently.

Evaluation scale

0-5

Objective

Purpose:
Basic skills for experts and managers are to understand fundamentals of economics and business, as well as to have ability to analyze and make wise decisions. On this course you will develop and improve these skills and will get readiness to put your learning outcomes into practice.

Competences:
Business competences, Engineering practice, Communication and team-working.

Learning outcomes:
You will internalize the basics of financial management and learn to prepare financial calculations that support the planning, decision-making, and management of a company's operations.

Content

Accounting principles, profitability and cost calculations, financial impacts of procurement, investment calculations.

Materials

Tuotantotalous ISBN 951- 0-28104-2 ja teollisuustalous ISBN 951-96765-3-8 tai ISBN 951-96765-5-4. Possible handouts.

Completion alternatives

Exam 50%, assignment 30% and exercises 20% from the total

Student workload

Lectures 60 h.Enterprise game 8–12 h.Independent work 63-67 h.Total 135 h

Assessment criteria, satisfactory (1)

Adequate 1:
Student has gained knowledge at all the subjects described in the learning outcomes.

Satisfactory 2:
Student has gained knowledge at all the subjects described in the learning outcomes and is able to gather and interpret relevant data in order to select technical solutions.

Assessment criteria, good (3)

Good 3:
Student has gained knowledge at all the subjects described in the learning outcomes and is able to understand essential fundamentals of economics related to business.

Very good 4:
Student has gained knowledge at all the subjects described in the learning outcomes and is capable to utilize general analyzing methods for decision making. Student can work effectively as an individual and as a member of a team.

Assessment criteria, excellent (5)

Excellent 5:
Student has gained knowledge at all previous levels and is capable to evaluate and reflect personal learning outcomes.