Basics of Financial Management (5 cr)

Code: ECO001HH1AE-3048

Basic information of implementation


Enrollment
02.01.2025 - 10.01.2025
Enrolment for the implementation has ended.
Timing
13.01.2025 - 16.05.2025
Implementation has ended.
ECTS Credits
5 cr
Campus
Porvoo Campus
Teaching languages
English
Seats
15 - 60
Degree programmes
DIGIBBA Digital Business Innovations
AVIBBA Aviation Business
Teachers
Kalle Räihä
Groups
DBE2PCDBI
DIGIBBA, 2nd semester, Porvoo, group 1
CONTACT
Contact implementation
ABE2PCAVI
AVIBBA, 2. semester, Porvoo, group 1
EXCH
EXCH Exchange students
Course
ECO001HH1AE

Evaluation scale

H-5

Implementation methods, demonstration and Work&Study

Classroom, hybrid and virtual.

Intro

Welcome! In this course, you will learn some basic accounting-finance concepts you will use for your entire professional career and also get to learn some business math-related concepts.

If you engage, study and participate actively, you will be able to understand financial statements and use various accounting methods for decision-making purposes, and also learn some basic concepts of mathematics for business, calculating simple and compound interest, while learning how to use MS excel to do some calculations.

You will be able to interpret the content of financial statements with the help of the main financial ratios.
You will be able to make distinctions between different cost types and understand the cost behavior and its implications for profitability calculations.
You will be able to understand the use of cost-volume-profit analysis for different purposes like sensitivity analysis and price-setting.
You will be able to understand the use of basic cost allocation methods for decision-making purposes.
You will be able to understand and prepare basic income statements and cash budgets.
Looking forward to working together!

Siirry alkuun