Credits: 6

Schedule: 24.02.2020 - 11.05.2020

Teacher in charge (valid 01.08.2018-31.07.2020): 

Jari Melgin and Jari Huikku (Fall) or Mirel Leino (Spring)

Teaching Period (valid 01.08.2018-31.07.2020): 

2018-2019: I-II (Fall 2018), Töölö campus, IV-V (Spring 2019), Otaniemi campus

2019-2020: I-II (Fall 2019), IV-V (Spring 2020), Otaniemi campus

Learning Outcomes (valid 01.08.2018-31.07.2020): 

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.

Content (valid 01.08.2018-31.07.2020): 

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. 2015-18 assignments have included eg. following subjects:
- Strategic competitor analysis (several works)
- Impact of digitalization on business
- Assessment of a recently introduced strategic scorecard
- Start-up financial management
- Internal audit and board work
- Benchmarking and proposal for CSR reporting
- Developing long-term liquidity planning
- Artificial Intelligence in banking

Masters' level capstone course is an evolving concept, and the contents may be further specified during the course.

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

The course will be completed as a 4-5 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 will be considered in the assessment.

Workload (valid 01.08.2018-31.07.2020): 

- Classroom hours, team sessions and presentation of interim report(s), 20 h
- Group work, 80 h
- Preparation and presentation of final report, 60 h

Study Material (valid 01.08.2018-31.07.2020): 

Material distributed by the lecturer.

Course Homepage (valid 01.08.2018-31.07.2020):

Prerequisites (valid 01.08.2018-31.07.2020): 

It is preferable to take the course on the fifth year. Bachelors’ degree must be completed prior to the course.

Grading Scale (valid 01.08.2018-31.07.2020): 


Registration for Courses (valid 01.08.2018-31.07.2020): 

Via WebOodi. Please see WebOodi for the registration dates.

Further Information (valid 01.08.2018-31.07.2020): 

In academic year 2019-20 maximum number of participants on the course is 45 students. Students will be selected in the order of enrolment. Priority is given to MSc degree students in Accounting.

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.


Registration and further information