Financial management in tourism and service businessLaajuus (5 cr)
Code: MR00DU55
Credits
5 op
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
Enrollment
08.04.2024 - 21.04.2024
Timing
02.09.2024 - 20.12.2024
Number of ECTS credits allocated
5 op
Virtual portion
4 op
Mode of delivery
20 % Contact teaching, 80 % Distance learning
Campus
Ecampus
Teaching languages
- Finnish
Seats
1 - 60
Degree programmes
- Degree Programme in Tourism and Service Business
Teachers
- Riitta Vento
Teacher in charge
Riitta Vento
Groups
-
MRKT23SVTourism and service business, online studies
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
Evaluation scale
1-5
Enrollment
06.11.2023 - 17.11.2023
Timing
15.01.2024 - 31.05.2024
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Campus
Ecampus
Teaching languages
- Finnish
Seats
20 - 50
Degree programmes
- Degree Programme in Tourism and Service Business
Teachers
- Sanna Niemelä
Teacher in charge
Sanna Niemelä
Groups
-
MRMI23KVTourism and Service Business, online studies
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
Evaluation scale
1-5
Enrollment
06.04.2023 - 21.04.2023
Timing
04.09.2023 - 10.12.2023
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
- Heli Viinamäki
Teacher in charge
Heli Viinamäki
Groups
-
MRMI22SPTourism and Service Business, full-time studies
-
MRKT22SVTourism and service business, online studies
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
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 - 40
Degree programmes
- Degree Programme in Tourism and Service Business
Teachers
- Mailis Kervinen
Teacher in charge
Mailis Kervinen
Groups
-
MRMI22KVTourism and Service Business, online studies
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
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
Degree programmes
- Degree Programme in Tourism and Service Business
Teachers
- Mailis Kervinen
Teacher in charge
Mailis Kervinen
Groups
-
MRKT21SVTourism and service business, online studies
-
MRMI21SVTourism and Service Business, online studies
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
Evaluation scale
1-5
Enrollment
06.04.2022 - 22.04.2022
Timing
29.08.2022 - 18.12.2022
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Campus
Mikkeli Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Tourism and Service Business
Teachers
- Mailis Kervinen
Teacher in charge
Mailis Kervinen
Groups
-
MRMI21SPTourism and Service Business, full-time studies
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
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
Degree programmes
- Degree Programme in Tourism and Service Business
Teachers
- Mailis Kervinen
Teacher in charge
Mailis Kervinen
Groups
-
MRMI21KVTourism and Service Business, online studies
Objective
You know the role and contents of management accounting in hospitality business.
You are able to define the basic concepts of bookkeeping.
You are able to interpret financial statements, profit and loss account and the balance sheet.
You understand the meaning of cost control and can detemine the profitability of a business.
Content
What are the role and contents of management accounting in hospitality business?
What are the basic concepts of bookkeeping?
How to read the profit and loss account and balance sheet?
How to close the accounts?
What are the key factors affecting business profitability?
How to improve the profitability of a hospitality business?
Evaluation scale
1-5