Please note! Course description is confirmed for two academic years, 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

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
Prerequisites

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Autumn I
    2023-2024 Autumn I

    Enrollment :

    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.