Basics of Financial Management (5 cr)

Code: ECO001HH1AE-3049

Basic information of implementation


Enrollment
03.06.2024 - 18.10.2024
Enrolment for the implementation has ended.
Timing
21.10.2024 - 13.12.2024
Implementation has ended.
ECTS Credits
5 cr
Campus
Pasila Campus
Teaching languages
English
Seats
15 - 45
Degree programmes
ITBBA Business Information Technology
Teachers
Joonas Jokinen
Groups
ITE4PADIG1
Business Information Technology, 4th semester, Digital Services, Pasila, group 1
CONTACT
Contact implementation
ITE4PAICB1
Business Information Technology, 4th semester, ICT and Business, Pasila, group 1
ITE4PASOF1
Business Information Technology, 4th semester, Software Development, Pasila, group 1
ITE4PAICI1
Business Information Technology, 4th semester, ICT Infrastructure and Cloud Services, Pasila, group 1
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!

Materials

Books and material provided in the implementation

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