Financial aspects of leadershipLaajuus (5 cr)

Objective

You are able to take into account the financial goals of a service enterprise and act accordingly from the leadership point of view.
You are able to interpret financial information.
You are able to utilize financial information in management decision making.
You are able to apply the most common price setting methods.

Content

How can the profitability of a service enterprise be affected?
How does the price setting affect the profitability of an enterprise?
What do financial statements indicate about the financial situation of a service enterprise?
What kind of key ratios and indicators can be used in analyzing the economic situation of a service enterprise?
What kind of calculations can be used in decision making?

Evaluation

a. You can use professional vocabulary related to leadership in financial administration.
d. You can evaluate operations considering leadership in customer, user, and other target group situations.
e. You can choose the most appropriate models and methods and justify your choices.

Qualifications

The knowledge of the basics in accounting and leadership is recommended.