Financial Management to Support LeadershipLaajuus (5 cr)

Learning objectives

On completion of the course, students will be able to:
- interpret financial reports and present financial figures in an interesting way and with an understanding cause-and-effect relationship.
- Use metrics and measurement in strategy work and create and justify own target metrics, e.g. for their team.
- Evaluate the profitability of investments and understand the connection between financing, company strategy, and the balance sheet.
- prepare budgets and calculate profitability using various pricing strategies.

Contents

Financial planning, steering and monitoring to support the strategy
Budgeting and forecasting models
Investment calculations and financing models
Profitability calculations
Pricing

Starting level and linkage with other courses

This course unit is part of the master's degree's curriculum. Completion of the course requires master's study entitlement.

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

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.

The student demonstrates satisfactory competence in relation to the course learning objectives. The student identifies some of the theories, perspectives and concepts presented in the course. The student weakly identifies their implications for practice.

Assessment criteria - grade 3

The student demonstrates good competence in relation to the course learning objectives. The student has good command of the theories, perspectives and concepts presented in the course. The student is able to analyze their implications for practice.

Assessment criteria - grade 5

The student demonstrates excellent competence in relation to the course learning objectives. The student profoundly masters theories, perspectives and concepts presented in the course. The student critically and thoroughly applies the concepts and theories learned in the course to analyze and create solutions for practical work situations.

Learning materials

The learning material will be published during the course. Additionally, students are required to independently seek information about their chosen/agreed organizations or industries.

Further information

The course may include a preliminary assignment depending on the implementation. The preliminary assignment can be found in the implementation plan.

This course replaces the previous curriculum's "Strategic Financial Management" (5 ECTS).