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Profitability in hospitality businessLaajuus (5 cr)

Code: MR00DU60

Credits

5 op

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Enrollment

08.04.2024 - 21.04.2024

Timing

02.09.2024 - 27.10.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Campus

Ecampus

Teaching languages
  • Finnish
Seats

1 - 60

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tiina Tuovinen
Teacher in charge

Tiina Tuovinen

Groups
  • MRMI23KV
    Tourism and Service Business, online studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

06.11.2023 - 17.11.2023

Timing

08.01.2024 - 30.04.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Campus

Mikkeli Campus

Teaching languages
  • Finnish
Seats

20 - 60

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tiina Tuovinen
Teacher in charge

Tiina Tuovinen

Groups
  • MRMI22SP
    Tourism and Service Business, full-time studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

06.11.2023 - 17.11.2023

Timing

08.01.2024 - 03.03.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Campus

Ecampus

Teaching languages
  • Finnish
Seats

0 - 60

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tiina Tuovinen
Teacher in charge

Tiina Tuovinen

Groups
  • MRKT22SV
    Tourism and service business, online studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

06.04.2023 - 21.04.2023

Timing

04.09.2023 - 29.10.2023

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Campus

Ecampus

Teaching languages
  • Finnish
Seats

20 - 70

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tiina Tuovinen
Teacher in charge

Tiina Tuovinen

Groups
  • MRMI22KV
    Tourism and Service Business, online studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

07.11.2022 - 18.11.2022

Timing

09.01.2023 - 05.03.2023

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Campus

Ecampus

Teaching languages
  • Finnish
Seats

20 - 60

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tiina Tuovinen
Teacher in charge

Tiina Tuovinen

Groups
  • MRKT21SV
    Tourism and service business, online studies
  • MRMI21SV
    Tourism and Service Business, online studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

07.11.2022 - 18.11.2022

Timing

09.01.2023 - 30.04.2023

Number of ECTS credits allocated

5 op

Virtual portion

1 op

Mode of delivery

80 % Contact teaching, 20 % Distance learning

Campus

Mikkeli Campus

Teaching languages
  • Finnish
Seats

20 - 40

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tuija Silfer-Karppanen
  • Tiina Tuovinen
Teacher in charge

Tuija Silfer-Karppanen

Groups
  • MRMI21SP
    Tourism and Service Business, full-time studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

06.04.2022 - 22.04.2022

Timing

29.08.2022 - 23.10.2022

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Campus

Ecampus

Teaching languages
  • Finnish
Seats

0 - 60

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tuija Silfer-Karppanen
Teacher in charge

Tuija Silfer-Karppanen

Groups
  • MRMI21KV
    Tourism and Service Business, online studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

08.11.2021 - 21.11.2021

Timing

10.01.2022 - 30.04.2022

Number of ECTS credits allocated

5 op

Virtual portion

1 op

Mode of delivery

80 % Contact teaching, 20 % Distance learning

Campus

Mikkeli Campus

Teaching languages
  • Finnish
Seats

0 - 50

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tuula Höglund
  • Tiina Tuovinen
Teacher in charge

Tiina Tuovinen

Groups
  • MRMI20SP
  • MRMI20KP
    Tourism and Service Business, full-time studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5

Enrollment

08.11.2021 - 21.11.2021

Timing

10.01.2022 - 06.03.2022

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Campus

Ecampus

Teaching languages
  • Finnish
Seats

0 - 100

Degree programmes
  • Degree Programme in Tourism and Service Business
Teachers
  • Tiina Tuovinen
Teacher in charge

Tiina Tuovinen

Groups
  • MRKT20SV
    Tourism and service business, online studies
  • MRMI20SV
    Tourism and Service Business, online studies

Objective

You show abilities in cost accounting methods and in profitability accounting in hospitality business.
You practice cwith exercises to calculatw the product and service costs, profitability and the price of the services produced.
You show knowhow in financial planning and understand the meaning of budgeting for a profit centre.
You are able to read and follow a budget and are able to draw up a budget for a small business.

Content

What are the methods of cost and profitability accounting?
How to find out the product and service costs and profitability?
How to make different kind of product calculations and carry out profitability and cost accounting?
What is the meaning of budgeting for a profit centre?
How to read and follow a budget and how to draw up a budget?

Evaluation scale

1-5