Budgeting and InvestmentsLaajuus (3 cr)
Code: AL00CN11
Credits
3 op
Teaching language
- English
Objective
The aim of the course is to familiarize students with budgeting and financial planning, decision-making and monitoring of the company's finances, as well as investment calculations using different methods.
The course includes lectures and independent exercises. The calculation exercises are mainly carried out in Excel and returned to Moodle.
More specifically budgeting methods, sub-budgets, main budgets, monitoring calculations: cash budgeting and analysis of budget variance. Investment planning and investment calculations.
Enrollment
01.07.2022 - 04.09.2022
Timing
31.10.2022 - 16.12.2022
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
Lappeenranta Campus
Teaching languages
- English
Degree programmes
- Bachelor's Degree Programme in Hotel and Restaurant Management (in Finnish)
Teachers
- Jukka Sirkiä
Scheduling groups
- Luennot (Size: 0. Open UAS: 0.)
Groups
-
LLABTO22H
-
LLPRHOMA20S
-
LLPREX22SH
-
LLPRHOTRA20S
Small groups
- Lectures
Learning outcomes
The aim of the course is to familiarize students with budgeting and financial planning, decision-making and monitoring of the company's finances, as well as investment calculations using different methods.
The course includes lectures and independent exercises. The calculation exercises are mainly carried out in Excel and returned to Moodle.
More specifically budgeting methods, sub-budgets, main budgets, monitoring calculations: cash budgeting and analysis of budget variance. Investment planning and investment calculations.
Implementation and methods of teaching
The aim of the course is to familiarize students with budgeting and financial planning, decision-making and monitoring of the company's finances, as well as investment calculations using different methods.
The course includes lectures and independent exercises. The calculation exercises are mainly carried out in Excel and returned to Moodle.
More specifically budgeting methods, sub-budgets, main budgets, monitoring calculations: cash budgeting and analysis of budget variance. Investment planning and investment calculations.
Learning material and recommended literature
Learning materials and team assignments in the Moodle.
Exam retakes
Normal exam and two re-exams
Learning environment
You can find the materials in Moodle.
Contents
Budgeting systems, sub budgets and master budgets, monitoring calculations, cash budgeting and planning of daily liquidity. Using computers and Excel in budgeting. Investment planning and investment calculations.
Assessment criteria
Accepted exercises and exam.
Assessment scale
1-5
Failed (0)
Failed the exam
Assessment criteria: level 1 (assessment scale 1–5)
Passed the exam
Assessment criteria: level 3 (assessment scale 1–5)
Passed exam (2-3) and well done assignments
Assessment criteria: level 5 (assessment scale 1–5)
Passed exam (4-5) and very well done assignments