Managing profitable business in a service company (5 cr)
Code: WM00EJ79-3001
General information
Enrollment
06.11.2023 - 17.11.2023
Timing
23.01.2024 - 28.04.2024
Number of ECTS credits allocated
5 op
Virtual portion
5 op
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
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?
Opiskelumateriaali
All material are available online and will be announced in Learn.
Yksilölliset oppimisväylät
Scheduled track:
Completing assignments and exams. Active participation in the contact sessions.
Independent track:
Can be agreed by a teacher
TKI ja työelämäyhteistyö
Learning materials are based on real life cases
Tentit ja muut määräajat
The course contains individual assignments and exams. The schedule will be announced in Learn
Evaluation scale
1-5