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
-
WMMI21SPWellbeing management, full-time studies
- Course
- WM00EJ79
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