•   Strategic Financial Management STR4HM105-3013 13.01.2025-14.03.2025  5   (EVENING, ...) +-
    Starting level and linkage with other courses
    No prerequisites.
    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
    Assessment criteria
    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.
    Teaching methods and instruction

    The course is conducted in-person, and we meet on Wednesdays from 17:40 to 20:30 in room 1003 in Pasila. The first class is on January 15, 2025, and the last one is on March 12, 2024. Students are expected to attend the in-person sessions, as a virtual version of the course will be available in autumn 2025.

    Responsible person

    Juha Olava

    Learning material and recommended literature

    Links to learning materials are available on the Moodle.

    Working life connections

    Course assignments are to be applied to your own workplace whenever possible. On the last session, there will be a guest speaker from a company.

    Campus

    Pasila Campus

    Exam dates and re-exam possibilities

    The course assessment is based on five assignments submitted during the course. There is no separate exam.

    Teaching language

    English

    Internationality

    The course topics are applicable in both Finnish and international companies.

    Timing

    13.01.2025 - 14.03.2025

    Learning assignments

    The course is completed by submitting five learning assignments: Metrics assignment. Long-term planning. Investment calculation: Moodle exam. Budgeting assignment. Profitability calculation: Moodle exam. The total contribution of all submitted assignments (5 in total) to the overall assessment is 20%.

    Enrollment

    02.01.2025 - 10.01.2025

    Content scheduling

    Preliminary schedule:

    Week 1: Course introduction, the role of finance, and strategy-supporting metrics
    Week 2: Long-term planning/modeling
    Week 3: Review of the metrics assignment, long-term planning/modeling group work, and submission of long-term planning model questions. Note: Held remotely from 18:00 to 19:30
    Week 4: Investment calculation and financing
    Week 5: Budgeting/forecasting
    Week 6: Profitability calculation
    Week 7: Case study
    Week 8: Guest speaker and summary of the course content and the connections between strategy and finance"

    Groups
    • EVENING
    • CONTACT
    • MASTRE
    • EXCH
    Alternative learning methods

    In case you already have knowledge on this topic, please contact teachers for RPL (recognition of previous learning).

    Teachers

    Mariitta Rauhala, Lauri Larjavaara

    Seats

    31 - 50

    Further information

    There is no exam but the course contains five learning assignments. From each of these you will get a grade 1-5 and they have 20% weight in assessing. All assignments must get a grade in order to pass the course. There is no retakes, so make sure you do your best with each of them.

    Degree Programme

    STROME Degree Programme in Strategising in Organisations, ATBUM Degree Programme in Aviation and Tourism Business, LEBUM Degree Programme in Leading Business Transformation, HOSBUM Degree Programme in Tourism and Hospitality Business

    R&D proportion

    0.00 cr

    Virtual proportion

    0.00 cr

    Evaluation scale

    H-5