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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
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