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Managing profitable business in a service company (5 cr)

Code: WM00EJ79-3001

General information


Enrollment
06.11.2023 - 17.11.2023
Registration for the implementation has ended.
Timing
23.01.2024 - 28.04.2024
Implementation has ended.
Number of ECTS credits allocated
5 cr
Local portion
0 cr
Virtual portion
5 cr
Mode of delivery
Distance learning
Unit
Department of Business
Campus
Ecampus
Teaching languages
English
Finnish
Seats
20 - 60
Degree programmes
Degree Programme in Wellbeing Management
Teachers
Heli Viinamäki
Teacher in charge
Heli Viinamäki
Groups
WMMI21SP
Wellbeing management, full-time studies
Course
WM00EJ79
No reservations found for realization WM00EJ79-3001!

Objective

You demonstrate that you are familiar with the basics of management accounting and can apply information in decision-making.
You are able to categorize the revenues and costs of a service company.
You are able to interpret the profitability of a service company by using cost volume profit analysis.
You are able to apply the most common pricing methods.
You are able to compute the costs of a service provided by applying different accounting methods.

Content

How to use financial information in decision-making when managing the costs and profitability of a company?
How to categorize the revenues and costs of a service company?
How to compute the costs of a service provided? How to apply the cost volume profit analysis when evaluating the profitability of a company?
How does the price setting affect the profitability of a company?

Course material

All material are available online and will be announced in Learn.

Study forms and methods

Scheduled track:
Completing assignments and exams. Active participation in the contact sessions.

Independent track:
Can be agreed by a teacher

RDI and work-related cooperation

Learning materials are based on real life cases

Timing of exams and assignments

The course contains individual assignments and exams. The schedule will be announced in Learn

Evaluation scale

1-5

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