•   Strategic Financial Management STR4HM105-3010 15.01.2024-15.03.2024  5   (MAENTE, ...) +-
    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

    This is a virtually course. The course includes four tutorial sessions via Teams, where students can come to ask questions and discuss issues related to the course assignments.

    Responsible person

    Juha Olava

    Learning material and recommended literature

    Recommended literature list of this course. Moodle will contain information about the chapters to be read. E-content including all e-books are available to use with Haaga-Helia user account. (HAKA sign in required, links in Moodle).

    Atrill, Peter & McLaney, E. J. (2019). Accounting and finance for non-specialists, eleventh edition. Pearson.
    Niven, Paul R. (2014). Balanced Scorecard Evolution: A Dynamic Approach to Strategy Execution. WILEY
    Parmenter, David, (2016) Key Performance Indicators : Developing, Implementing, and Using Winning KPIs, John Wiley & Sons.
    Atrill, Peter & McLaney, E. J (2018): Management accounting for decision makers

    Working life connections

    Some of the case studies are prepared in co-operation with business.

    Campus

    Pasila Campus

    Exam dates and re-exam possibilities

    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.

    1. Balance Scorecards and KPI: Case Paulig.
    2. Long-term planning model: Excel simulation.
    3. Budgeting. Excel assignment
    4. Investment calculations and finance. Moodle quiz.
    5. Profitability calculations. Moodle quiz and Excel assignment

    Teaching language

    English

    Internationality

    All the topics covered applied in the course apply world-wide.

    Timing

    15.01.2024 - 15.03.2024

    Learning assignments

    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. 1. Balance Scorecards and KPI: Case Paulig. 2. Long-term planning model: Excel simulation. 3. Budgeting. Excel assignment 4. Investment calculations and finance. Moodle quiz. 5. Profitability calculations. Moodle quiz and Excel assignment

    Enrollment

    02.01.2024 - 12.01.2024

    Content scheduling

    The course includes four tutorial sessions via Teams, where students can come to ask questions and discuss issues related to the course assignments. The schedules for these four sessions are displayed in the course Moodle.

    Groups
    • MAENTE
    • VIRTUAL
    • MASTRE
    • EXCH
    Alternative learning methods

    In case you already have work experience or previous studies on accounting and finance, please contact the teachers for RPL process.

    Teachers

    Mariitta Rauhala

    Seats

    61 - 100

    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

    5.00 cr

    Evaluation scale

    H-5