LEARNING OUTCOMES
After this course students will be able to:
- Understand a business’ fundamentals by applying ratio analysis and valuation frameworks
- Apply different performance management frameworks for strategy implementation and organizational alignment
- Implement strategic management accounting tools for profitable decision-making through product/service mix, customer mix and project choice (i.e., capital budgeting)
During the course students will develop several soft skills around group work, problem-solving, and presentation.
Credits: 6
Schedule: 04.09.2023 - 17.10.2023
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Teemu Malmi, David Derichs
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
This course will go over essential theories, concepts and tools of financial management and covers the issues from three angles. The first part of the course focuses on understanding a business’ fundamentals from the perspective of ratio analysis and firm valuation and firm value drivers. The second part will develop the concept of performance management frameworks that organizations use to implement strategy and align the organization. The third part of the course introduces specific strategic management accounting tools for profitable decisions making including tools to make product and customer mix decisions as well as concepts around capital budgeting decisions.
Assessment Methods and Criteria
valid for whole curriculum period:
Case assignments (group work)
Exam (booked and delivered through the EXAM system)
Workload
valid for whole curriculum period:
Interactive lectures
Cases (group work)
Self-study (materials provided in MyCourses)
applies in this implementation
You should read relevant readings before preparing cases.
The cases and assignments will likely take some 5 to 8 hours per person each, including the time spent on readings.
DETAILS
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language : English
Teaching Period : 2022-2023 Autumn I
2023-2024 Autumn IEnrollment :
Registration for courses: in Sisu.
Details on the schedule
applies in this implementation
PLEASE CHECK SISU FOR UPDATED LECTURE TIMES AND ROOMS
Attendance to lectures is NOT mandatory, but absence will have an impact on your learning as well as participation grade.
Participating actively in class discussions may give you additional 3 points.