The basics of financial aspects in leadership (5 cr)
Code: AV00EM07-3001
General information
Timing
13.09.2021 - 12.12.2021
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Open UAS and Continuing Education
Campus
Ecampus
Teaching languages
- English
Degree programmes
- Degree Programme in Wellbeing Management
Teachers
- Juha Häkkinen
Teacher in charge
Juha Häkkinen
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?
Materials
The main book (Book is not mandatory):
Elliott, B. and Elliott, J. (2019) Financial Accounting and Reporting (19th edn), Harlow, Essex, Pearson Education Limited.
The study material can be found on the Learn website of the course. The studies are based on material there or linked therein.
All the teaching to be given has been recorded and can also be found on the Learn website of the course.
Exam schedules
The course consists of nine topics and the nine related quizzes or exams. The student can complete the assignments on their own schedule. More information on learn pages
Student workload
135 hours.
Content scheduling
More details: see course's websites.
Further information
The completion of the course is based on the student's own active work; getting to know the materials and answering exams. Course schedules must be followed. The course completion is automated. Exams on duty freely within the deadline. More detailed instructions on the course's Learn website.
This course is carried out by Xamk Open University of Applied Sciences.
Xamk degree students cannot enrol on open UAS courses.
Evaluation scale
1-5
Assessment methods and criteria
THE EVALUATION DEPENDS ON:
Quizzes and exam (100 percent), max 100 points.
The assessment is based on the total points collected by the student from the quizzes and exams. Nine topics, eight quizzes and one exam.
XAMK GRADING SCALE:
100 - 90 points = 5
89 - 80 points = 4
79 - 70 points = 3
69 - 60 points = 2
59 - 50 points = 1
49 - 00 points = Failed
Qualifications
The knowledge of the basics in accounting and leadership is recommended.