Strategic Financial ManagementLaajuus (5 cr)

Contents

o Financial planning, controlling and monitoring in strategy process
o Budgeting and forecasting models
o Investment & finance models and accounting
o Product and customer profitability

Starting level and linkage with other courses

No prerequisites.

Implementation methods, demonstration and Work&Study

Depending on the implementation. Learning takes place in contact lessons, as independent studies, teamwork and/or online-studies. Learning methods include dialogic, experimental and collaborative contact lessons, simulation practices, guest lecturers, cases and development of the strategy models in student´s own organization. The course includes the assessment of one’s own learning.

Recognition of prior learning (RPL)
If a student has acquired the required competence in previous work tasks, recreational activities or on another course, s/he can show their competence via a demonstration. The demonstration must be agreed with the course teacher. More information and instructions for recognising and validating prior learning (RPL) are available at https://www.haaga-helia.fi/en/recognition-learning Look at "Instructions to students (master)"

Assessment criteria - grade 1

The student can evaluate strategies and business models from financial perspective. S/he is able to participate to analyzing business information. The student understands financial thinking and knows how to use the key elements of accounting in planning, controlling and monitoring organization’s operations. S/he knows key financial figures, performance indicators and potential finance sources.

Assessment criteria - grade 3

The student can evaluate strategic choices and different business models from financial perspective. S/he is able to analyse and utilize business information. The student can apply financial thinking and use accounting in planning, controlling and monitoring organization’s operations. S/he is able to utilize financial figures and performance indicators in strategy process and is capable of comparing different finance opportunities.

Assessment criteria - grade 5

The student can evaluate strategic choices and different business models from financial perspective. S/he is able to analyse and utilise business information in a way that serves best the organization’s needs. The student can apply financial thinking and use and develop accounting in order to promote planning, controlling and monitoring of organisation’s operations. S/he is able to define and utilise financial figures and performance indicators in strategy process and is capable of comparing different finance opportunities for the basis of making decisions.

Further information

When the implementation type of the course is contact, online or blended it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25%, your grade will be lowered by one. If you are absent more than 50%, the course is failed.