Profitability and Budgeting (5 cr)
Code: AL00CE35-3011
General information
Enrollment
20.11.2024 - 03.01.2025
Timing
03.03.2025 - 25.04.2025
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
Lahti Campus
Teaching languages
- English
Seats
20 - 60
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Tuomas Leino
Scheduling groups
- Luennot 1 (Size: 0. Open UAS: 0.)
Groups
-
LLTIIB24KBachelor's Degree Programme in International Business 24K Lahti
Small groups
- Lecture 1
Learning outcomes
The student is able to
- produce cost-volume-profit analyses
- identify cost drivers and apply cost data in price setting
- draw up budgets and define the budgeting process
Implementation and methods of teaching
Classroom teaching according to the schedule
Timing and attendance
Attendance at classes highly recommended
Learning material and recommended literature
Material provided by the lecturer in Moodle.
Exam retakes
Retake Exam Period May 5–9.
Learning environment
Moodle
Contents
Introduction to Management Accounting.
CVP Income Statement
CVP Analysis
Budgeting
Pricing
Assessment criteria
Assessment is based on the Exam
Assessment scale
1-5
Failed (0)
The student knows less than 50% of the course content
Assessment criteria: level 1 (assessment scale 1–5)
The student has mastered 50-59% of the course content.
Assessment criteria: level 3 (assessment scale 1–5)
The student has mastered 70-79% of the course content.
Assessment criteria: level 5 (assessment scale 1–5)
The student has mastered 90-100% of the course content.