Financial aspects of leadership (5 cr)
Code: WM00DJ92-3001
General information
- Enrollment
- 14.12.2020 - 14.01.2021
- Registration for the implementation has ended.
- Timing
- 18.02.2021 - 09.05.2021
- Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 0 cr
- Virtual portion
- 5 cr
- Mode of delivery
- Distance learning
- Unit
- Liiketalouden koulutusyksikkö, Mikkeli (vanhennettu)
- Campus
- Ecampus
- Teaching languages
- English
- Seats
- 0 - 25
- Degree programmes
- Degree Programme in Wellbeing Management
- Teachers
- Arup Barua
- Pia Jääskeläinen
- Teacher in charge
- Arup Barua
- Groups
-
WMMI19KPWellbeing Management, full-time studies
-
VOMIWMTO20SWellbeing Management/Tourism, exchange students
- Course
- WM00DJ92
Objective
You are able to take into account the financial goals of a service enterprise and act accordingly from the leadership point of view.
You are able to interpret financial information.
You are able to utilize financial information in management decision making.
You are able to apply the most common price setting methods.
Content
How can the profitability of a service enterprise be affected?
How does the price setting affect the profitability of an enterprise?
What do financial statements indicate about the financial situation of a service enterprise?
What kind of key ratios and indicators can be used in analyzing the economic situation of a service enterprise?
What kind of calculations can be used in decision making?
Evaluation
a. You can use professional vocabulary related to leadership in financial administration.
d. You can evaluate operations considering leadership in customer, user, and other target group situations.
e. You can choose the most appropriate models and methods and justify your choices.
Qualifications
The knowledge of the basics in accounting and leadership is recommended.