Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.
LEARNING OUTCOMES
The objective is to combine student's analytical skills and knowledge of management and financial accounting with his/her understanding of economics, strategic management, finance and information systems. Students must be able to execute real life projects providing value added to case companies or other institutions. Final report to be presented to the company management must also include conclusions and recommendations. Course develops advanced communication and presentation skills.
Credits: 6
Schedule: 10.09.2018 - 23.11.2018
Teacher in charge (valid 01.08.2020-31.07.2022): Jari Huikku, Mirel Leino, Jukka Sihvonen
Teacher in charge (applies in this implementation): Jari Huikku, Jari Melgin
Contact information for the course (valid 28.08.2018-21.12.2112):
________________________________________________________________
CEFR level (applies in this implementation):
Language of instruction and studies (valid 01.08.2020-31.07.2022):
Teaching language: English
Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
Valid 01.08.2020-31.07.2022:
The course will be completed as an assignment to a case company. The assignment will be tailored by each case. There are 8-10 cases by course which will be allocated to teams considering their preferences. Previous assignments have included eg. following subjects:
- Strategic competitor analysis (several works)
- Digitalization
- Artificial intelligence and Robotic Process Automatization
- Shared service centers- Internal audit and board work
- Benchmarking and developing CSR reporting
- Long-term liquidity planning
Masters' level capstone course is an evolving concept, and the contents may be further specified during the course.Applies in this implementation:
Update 2018 08 30
The course will be completed as an
assignment to a case company/entity. The cases will be presented and allocated
to the teams during the first lecture, considering the interests of each team. In
case you are not present on the introductory session, you will not be included
in teams and thus not able to participate in the course.In the past, we have completed some 80
assignments, to publicly listed companies, large, medium-sized and small
private companies, public sector entities and non-profit organizations. The subjects may vary, just to name a few,
from artificial intelligence to accounting information systems, from corporate
boards to small family companies, from liquidity planning to market studies,
from real estate to insurance. Each
course and each case is different, however, the defining concept is that the
cases are real, they are demanding, and the outcome needs to be relevant and
valuable to our case partners.Please note also that each team will have their kick-off
meeting with their case partner during the first two weeks of the course. Keep the flexibility in your timetables!Please
note also, that we need FULL COMMITMENT from all students that enroll to the
course. Our partners expect that Aalto
University is able to deliver on their projects, considering the time and
effort they have devoted together with the instructors on building and defining
the cases.
Assessment Methods and Criteria
Valid 01.08.2020-31.07.2022:
The course will be completed as a 3-5 person group assignment to a case company. During the course each team will present two interim reports. In addition, teams will have at least two individual coaching sessions with the instructor(s) during the course. The apex of the course is the final report to be presented to the management of the case company.
Course assessment will be based on reports and presentations. Individual contribution can be considered in the assessment.
Applies in this implementation:
Update:
The course will be completed as a 4-5
person group assignment for a case company. During the course, each team
will present four times in class, reporting over the various stages of the
project. These presentations prepare
teams for the final presentation to our case companies which will be held at
case company premises. In addition, teams will have at least two
individual coaching sessions with the instructor(s) during the course. The apex of the course is the final report
to be presented to the management of the case company.The
course assessment will be based on the quality of the team work, reports and
presentations. Individual contribution may be considered in the assessment.Additional
individual assignments may also be given during the course.
Workload
Valid 01.08.2020-31.07.2022:
- Classroom hours, team sessions and presentation of interim report(s), 20 h
- Group work, 80 h
- Preparation and presentation of final report, 60 h
DETAILS
Study Material
Valid 01.08.2020-31.07.2022:
Material distributed by the lecturers.
Prerequisites
Valid 01.08.2020-31.07.2022:
It is preferable to take the course on the fifth year. Bachelors degree must be completed prior to the course.
Registration for Courses
Valid 01.08.2020-31.07.2022:
Via WebOodi. Please see WebOodi for the registration dates.
In autumn 2020 maximum number of participants is 40 students. Priority is given to MSc students in Accounting who are close to graduation.
Applies in this implementation:
Attendance
in all sessions is mandatory.Students will be divided into the
working teams by the teachers in charge.
SDG: Sustainable Development Goals
4 Quality Education
5 Gender Equality
9 Industry, Innovation and Infrastructure
17 Partnerships for the Goals
FURTHER INFORMATION
Further Information
Valid 01.08.2020-31.07.2022:
In academic years 2020-22 maximum number of participants on each course is 45 students (except autumn 2020 maximum 40 students). Students will be selected in the order of enrolment. Priority is given to MSc degree students in Accounting who are close to graduation.
Participation in the limited number of common sessions is compulsory and will be controlled.
Credit transfer and capstone course
With legitimate grounds (e.g. exchange studies abroad, serious illness working life and its restraints is not considered a legitimate reason to not complete the capstone course), the student can apply for a credit transfer for a capstone course. However, as a deviation from the common process of credit transfer at the School of Business, the application for credit transfer must be submitted before completing the course represented to substitute the capstone course at the School of Business. The credit transfer should be applied for according to the credit transfer instructions depicted at Into. Based on the credit transfer application, the teacher in charge of the capstone course will decide whether the learning goals for the capstone course can be fulfilled by completing the course the student has represented to substitute the capstone course. The substituting course cannot be a School of Business course.
For CEMS MIM students it can be possible to replace this capstone course with 42E00600 CEMS Business Project. Please contact the teacher in charge of the capstone course and planning officer of the department for more information.
Applies in this implementation:
Attendance
in all sessions is mandatory.Students will be divided into the
working teams by the teachers in charge.
Details on the schedule
Applies in this implementation:
Please note that the course will
start in the first period and final presentations will most likely extend to the
second.Please
note also that the three first sessions are common to all participants, after
which the class is divided into two, each student participating only on
sessions where his/her team is presenting.Monday 10.09.18
08.15-11.00 R103/G-111 (all teams)Friday 14.09.18 Case
company presentation
12.15-16.00 R103/G-111 (all teams)Friday 21.09.18 Project
plan presentation
12.15-16.00 R103/G-111 (all teams)Friday 05.10.18 Interim
I
08.15-11.00 R103/G-111 (teams JM)
12.15-15.00 R103/G-111 (teams JH)Friday 19.10.18 Interim
II
08.15-11.00 R103/G-111 (teams JM)
12.15-15.00 R103/G-111 (teams JH)
- Teacher: Jari Huikku
- Teacher: Jari Melgin