Financial planning for the futureLaajuus (5 cr)
Code: YL00CI15
Credits
5 op
Teaching language
- English
Responsible person
- Petra Yli-Kovero
Objective
The student is able
- to gain an in-depth understanding of financial management, budgeting and investments.
- to consider and evaluate macro economical situations and their impact on tourism and events.
- to apply scenario thinking / identify possibilities of alternative futures in tourism and event management / for pre-active / proactive business development and financial management.
- to identify new possibilities for profitability and disruptive business models in tourism and events.
Enrollment
21.11.2022 - 08.01.2023
Timing
20.04.2023 - 30.06.2023
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
E-campus
Teaching languages
- English
Degree programmes
- Master's Degree Programme in Business Administration, International Tourism and Event Management (2021, 2022)
Teachers
- Timo Saarainen
- Mika Tonder
Scheduling groups
- Verkkoluento 1 (Size: 0. Open UAS: 0.)
Groups
-
LLTIYITM22SVMaster's Degree Programme of Business Administration, International Tourism and Event Management 22SV Lahti
-
LLTIYUUDL22SUudistava johtaminen (YAMK), liiketalouden ala 22S Lahti
Small groups
- Verkkoluento 1
Learning outcomes
The student is able
- to gain an in-depth understanding of financial management, budgeting and investments.
- to consider and evaluate macro economical situations and their impact on tourism and events.
- to apply scenario thinking / identify possibilities of alternative futures in tourism and event management / for pre-active / proactive business development and financial management.
- to identify new possibilities for profitability and disruptive business models in tourism and events.
Implementation and methods of teaching
Virtual teaching, virtual and written exam, essays and assignments.
Timing and attendance
Virtual lessons.
Cases from various tourism and event management situations. Calculating and justification of financial decisions and their forecasting
Learning material and recommended literature
Brealey et. al. 2011. Fundamentals of Corporate Finance
Alternative completion methods
The student will deliver a report based on the pre-course selected topics. Main work in the course is the report, which is based on selected topic area. This should preferably support students daily work and future objectives.
Additionally, virtual Moodle exam may be considered.
Working life cooperation
It will be beneficial if students reports will be chosen from the course area related topics.
Exam retakes
Two course reports are the basis for the course assessment. After the instructors have received them, they will be reviewed but no later than June 30, 2021.
Learning environment
Virtual Moodle platform and contact lessons delivered in Zoom.
Student time use and work load
A 5 credit course assumes that students work independently for approximately 100 hours.
Contents
The course content is built from the theories and practical solutions. After successfull participation the students will understand and manage the following:
- Management of financial needs in corporations
- Principles of financial planning and forecasting in corporations
- Financing and financial instrumentation of investments and working capital in corporations
- How to read key financial indicators during planning process and capital structuring
- Managing financial risk in corporations
Additional information for students: previous knowledge etc.
LAB Business Mathematics Course or similar knowledge
Assessment scale
1-5
Failed (0)
Student does not meet the lowest basic knowledge requirements in corporate financial planning, is not familiar with the fundamental concepts and definitions.
Enrollment
22.11.2021 - 25.03.2022
Timing
01.04.2022 - 30.06.2022
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
E-campus, Lahti
Teaching languages
- English
Degree programmes
- Master's Degree Programme in Business Administration, International Tourism and Event Management (2021, 2022)
Teachers
- Timo Saarainen
- Mika Tonder
Scheduling groups
- Verkkoluento 1 (Size: 0. Open UAS: 0.)
Groups
-
LLTIYITM21SV
-
LABLTIYTO21H
-
LLTIYUUDL21SUudistava johtaminen (YAMK), liiketalouden ala 21S Lahti
Small groups
- Verkkoluento 1
Learning outcomes
The student is able
- to gain an in-depth understanding of financial management, budgeting and investments.
- to consider and evaluate macro economical situations and their impact on tourism and events.
- to apply scenario thinking / identify possibilities of alternative futures in tourism and event management / for pre-active / proactive business development and financial management.
- to identify new possibilities for profitability and disruptive business models in tourism and events.
Implementation and methods of teaching
Virtual teaching, virtual and written exam, essays and assignments.
Timing and attendance
Virtual lessons.
Cases from various tourism and event management situations. Calculating and justification of financial decisions and their forecasting.
Learning material and recommended literature
Brealey et. al. 2011. Fundamentals of Corporate Finance
Alternative completion methods
The student will deliver a report based on the pre-course selected topics. Main work in the course is the report, which is based on selected topic area. This should preferably support students daily work and future objectives.
Additionally, virtual Moodle exam may be considered.
Working life cooperation
It will be beneficial if students reports will be chosen from the course area related topics.
Exam retakes
Two course reports are the basis for the course assessment. After the instructors have received them, they will be reviewed but no later than June 30, 2021.
Learning environment
Virtual Moodle platform and contact lessons delivered in Zoom.
Student time use and work load
A 5 credit course assumes that students work independently for approximately 100 hours.
Contents
The course content is built from the theories and practical solutions. After successfull participation the students will understand and manage the following:
- Management of financial needs in corporations
- Principles of financial planning and forecasting in corporations
- Financing and financial instrumentation of investments and working capital in corporations
- How to read key financial indicators during planning process and capital structuring
- Managing financial risk in corporations
Additional information for students: previous knowledge etc.
LAB Business Mathematics Course or similar knowledge.
Assessment scale
1-5
Failed (0)
Student does not meet the lowest basic knowledge requirements in corporate financial planning, is not familiar with the fundamental concepts and definitions.