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Management accounting and business game (5 cr)

Code: IB00EC55-3001

General information


Enrollment

08.11.2021 - 15.01.2022

Timing

10.01.2022 - 29.04.2022

Number of ECTS credits allocated

5 op

RDI portion

3 op

Mode of delivery

Contact teaching

Campus

Kouvola Campus

Teaching languages

  • English

Degree programmes

  • Degree Programme in Digital International Business

Teachers

  • Jarmo Kulhelm

Teacher in charge

Jarmo Kulhelm

Groups

  • IBKV20SP1
    Digital international business, full-time studies
  • IBKV20SP2
    Digital international business, full-time studies

Objective

You show that you are familiar with the basics of management accounting.

You can evaluate the profitability of an enterprise.

You can apply the most common price setting methods.

You show that you are familiar with the basics of investments, you can recognise economic interrelations of business and you can participate in enterprise business planning as a team member in business game.

You can apply theoretical knowledge and skills in realistic business decision-making situations.

Content

What is the role of management accounting in decision making?

How to categorize the revenues and costs of an enterprise?

How to apply the cost-volume-profit analysis when evaluating the profitability of an enterprise?

How does the price setting affect the profitability of an enterprise?

How does an enterprise operate, and what are the economic interrelations of different activities?

How to plan, budget, implement and analyse the activities of an enterprise?

Materials

Material in Learn, Business game manuals.

Teaching methods

Scheduled track:
Active participation in the contact sessions, assignments and exam.

Independent track:
Not offered.

Blended track:
No blended track offered.

Employer connections

Real-life like based business game.

Evaluation scale

1-5