Financial aspects of leadership (5 cr)
Code: WM00DJ92-3001
General information
Enrollment
14.12.2020 - 14.01.2021
Timing
18.02.2021 - 09.05.2021
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Campus
Ecampus
Teaching languages
- English
Seats
0 - 25
Degree programmes
- Degree Programme in Wellbeing Management
Teachers
- Arup Barua
- Pia Jääskeläinen
Teacher in charge
Arup Barua
Groups
-
WMMI19KPWellbeing Management, full-time studies
-
VOMIWMTO20SWellbeing Management/Tourism, exchange students
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?
Qualifications
The knowledge of the basics in accounting and leadership is recommended.