Profitability and financial planning (5 cr)

Objective

You can understand the basics of financial accounting and how it affects on decision making.
You are able to evaluate the profitability of an enterprise.
You can apply the most common price setting methods.
You are able to understand the basics of investments and budgeting.

Content

What is the role of the financial accounting in decision making?How to categorise 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 on the profitability of an enterprise?What is the role of investments and budgeting in financial planning?

Course material

Learning materials are given in Learn

Study forms and methods

Independently operated online course.

RDI and work-related cooperation

No

Timing of exams and assignments

This course has assignements and exams. Timing and the content of these assessments are found in Learn.

Student workload

The content of this course is 5 credits which equals approximately 135 hours of student´s work.

Further information

This course is included in 'Diploma of higher education in tourism and service business management' by Xamk Pulse.
Xamk's degree students cannot enroll on Xamk Pulse's courses.

Teacher is Heli Viinamäki, heli.viinamaki@xamk.fi

Evaluation scale

1-5