•   How to Make Financial Forecasts ECO001AS4AE-3003 15.01.2024-01.06.2024  1   (NONSTOP, ...) +-
    Learning objectives
    After completion of this course, you should be able to identify which costs may be classified as Variable Costs & which ones classify as Fixed Cost and how all these costs are calculated and the element to be included.

    Upon completion of this course, you should be able to show the sources of needed finances to run your business. In addition, the course helps you to identify different techniques and tools for revenue stream and profitability calculation and analysis.

    Thus, upon completion of this course, you should be able to make simplified sales forecast. Finally, participants are expected to get familiar and to understand the composite of annual balance sheet and to make simple result analysis to assess profitability of any business.
    Starting level and linkage with other courses
    The course is suitable for everyone interested in the practicalities of starting entrepreneurial venture either in Finland or abroad.
    Contents
    - Investment planning
    - Fixed Cost & Variable Costs
    - Sources of finances
    - Revenue stream
    - Calculation of Breakeven point.
    - Profitability analysis
    - Sales forecast
    - Understanding and analysis of balance sheet
    Assessment criteria
    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.

    Campus

    Pasila Campus

    Teaching language

    English

    Timing

    15.01.2024 - 01.06.2024

    Enrollment

    01.01.2022 - 01.01.2022

    Groups
    • NONSTOP
    • BLENDED
    • AVO_3T
    Teachers

    Pirjo Saaranen, Sari Ruotsalainen

    Seats

    30 - 100

    Degree Programme

    AVO Avoin ammattikorkeakoulu

    R&D proportion

    0.00 cr

    Virtual proportion

    1.00 cr

    Evaluation scale

    H-5