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Business FinancingLaajuus (5 cr)

Code: 5091162

Credits

5 op

Objective

The student is able to:
•estimate financial needs of a product and productization processes
•can present financing alternatives depending on the different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them

Content

•financial planning of business operations
•Basics of relevant Cost Accounting
•corporate finance
•investment calculation methods
•profitability of the investment
•sources of finance
•risk management in financing

Enrollment

03.08.2024 - 01.09.2024

Timing

02.09.2024 - 12.12.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages
  • English
Degree programmes
  • Degree Programme in Industrial Management Engineering
Teachers
  • Sami Nummela
Groups
  • LIPATMODGlobalInternationalBusiness
    MOD Global International Business
  • ExcLIPAT24
    ExcLIPAT24
  • PTUTAS22LOG
    Procurement and logistics

Objective

The student is able to:
•estimate financial needs of a product and productization processes
•can present financing alternatives depending on the different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them

Content

•financial planning of business operations
•Basics of relevant Cost Accounting
•corporate finance
•investment calculation methods
•profitability of the investment
•sources of finance
•risk management in financing

Materials

Course plans and resources are in Itslearning study platform.

Course requires independent work and applying financial management theory to practice, for example by literature study plus applying the knowledge in course tasks.

Communication mainly in class room meetings. In addition, messaging related to course tasks is possible in itslearning.

Teaching methods

Course assignments will be described in Itslearning platform and introduced during the course.
Learning tasks and exercises in Itslearning
Small group team work
Individual or group learning
Final examination

International connections

Innopeda, which is based on experiments, sharing of information and knowledge as well as combining different view points. Student-centered learning, problem solving, flipped classroom.

Completion alternatives

No alternative methods.

Student workload

Literature studies and studies.
Home exams; two assignments: one individual and one team.
Estimated workload
• 135 hours of work
• Contact sessions: about 27h
• Literature & theory studies: about 54 h
• The assignments: about 54 h

Content scheduling

The student
- knows and understands the accounting principles governing the measurement and documenting process of business entity's events and results
- has gained practical skillsin budgeting and financial reporting
- understands the importance of financial statements in the decision-making process and in the estimation of the company's assets and performance
- the nature, functions, scope and principles of accounting
- financial accounting, book-keeping, income statement and balance sheet
- management accounting, budgeting

Evaluation scale

H-5

Assessment methods and criteria

Evaluation contains two elements:
1. Exercises: All exercises must be timely done and returned to Itslearning.
All the exercises need to be returned! This is required in order to participate in examination. It is possible to pass the course with doing exercises with grade 1-2 without taking examination.
2. Examination: additional points in order to have a better grade 3-5.

Assessment criteria, fail (0)

Exercises not done or not participated in small group team work.

Assessment criteria, satisfactory (1-2)

Exercises done with points earned for grade 1-2

Assessment criteria, good (3-4)

Additional points earned in examination to have grade 3-4.

Assessment criteria, excellent (5)

Additional points earned in examination to have grade 5.

Enrollment

02.12.2023 - 18.01.2024

Timing

01.01.2024 - 16.05.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages
  • English
Degree programmes
  • Degree Programme in Industrial Management Engineering
Teachers
  • Sami Nummela
Groups
  • PTUTAS22PROD
    Product and production management
  • LIPATMODProductDevelopmentManagement

Objective

The student is able to:
•estimate financial needs of a product and productization processes
•can present financing alternatives depending on the different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them

Content

•financial planning of business operations
•Basics of relevant Cost Accounting
•corporate finance
•investment calculation methods
•profitability of the investment
•sources of finance
•risk management in financing

Materials

Course plans and resources are in Itslearning study platform.

Course requires independent work and applying financial management theory to practice, for example by literature study plus applying the knowledge in course tasks.

Communication mainly in class room meetings. In addition, messaging related to course tasks is possible in itslearning.

Teaching methods

Course assignments will be described in Itslearning platform and introduced during the course.
Learning tasks and exercises in Itslearning
Small group team work
Individual or group learning
Study journal with self assessment
Peer assessment
Final exam

International connections

nnopeda, which is based on experiments, sharing of information and knowledge as well as combining different view points. Student-centered learning, problem solving, flipped classroom.

Completion alternatives

No alternative methods.

Student workload

Literature studies and studies.
Home exams; two assignments: one individual and one team.
Estimated workload
• 135 hours of work
• Contact sessions: about 27h
• Literature & theory studies: about 54 h
• The assignments: about 54 h

Content scheduling

Content topics by course session (draft/preliminary planning)
1) Course introduction (innopeda, pyramid, learning journal).
Financial Statement analysis: Profitability, liquidity, solvency.
2) Growth company financing cycle. Course tasks related to IFRS, Equity vs Debt Investing (risk vs reward)
3) Small Group Team Work related to Financially stable business operations
4) Small Group Team Work related to alternative sources of financing
5) Small Group Team Work related to analysis of an investment opportunity
6) Presentations related to Financially stable business operations
7) Presentations related to alternative sources of financing
8) Presentations related to analysis of an investment opportunity
9) Final Examination
10) Final Examination 2nd opportunity (for those who wish to retake)
11) Final Examination 3rd opportunity (for those who wish to retake)

Evaluation scale

H-5

Assessment methods and criteria

Course attendance and activity, quality of returned course assignments, points earned in examination.

Assessment criteria, fail (0)

Evaluation contains two elements:
1. Exercises: All exercises must be timely done and returned to itslearning: Grade score 1-5.
All the exercises need to be returned!
2. Exam: Grade 1-5
Final course grade is the average of the two elements with scale 1-5.

Assessment criteria, satisfactory (1-2)

Exercises done with grade and exam passed with grade average 1-2

Assessment criteria, good (3-4)

Exercises done with grade and exam passed with grade average 3-4

Assessment criteria, excellent (5)

Exercises done with grade and exam passed with grade average 5

Enrollment

01.12.2022 - 31.01.2023

Timing

16.01.2023 - 25.05.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Location-independent

Teaching languages
  • English
Teachers
  • Sami Nummela
Groups
  • PTUTAS21B
    PTUTAS21B
  • PTUTAS21A
    PTUTAS21A
  • LIPATMODProductDevelopmentManagement

Objective

The student is able to:
•estimate financial needs of a product and productization processes
•can present financing alternatives depending on the different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them

Content

•financial planning of business operations
•Basics of relevant Cost Accounting
•corporate finance
•investment calculation methods
•profitability of the investment
•sources of finance
•risk management in financing

Materials

Financial management literature and lecture contents in Optima.

Exam schedules

Exam is on the last lecture session and can be retaken twice.

Completion alternatives

No alternative methods.

Student workload

Literature studies and studies.
Home exams; two assignments: one individual and one team.
Estimated workload
• 135 hours of work
• Contact sessions: about 27h
• Literature & theory studies: about 54 h
• The assignments: about 54 h

Content scheduling

The student is able to:
•estimate financial needs of a product and productization processes
•can present financing alternatives depending on the different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them

•financial planning of business operations
•Basics of relevant Cost Accounting
•corporate finance
•investment calculation methods
•profitability of the investment
•sources of finance
•risk management in financing

Further information

Obligatory attendance 75 %.

Evaluation scale

H-5

Assessment methods and criteria

Course attendance and activity, quality of returned course assignments, points earned in examination.

Assessment criteria, fail (0)

Student is not attending adequately or has not returned course assignments or has a poor performance in examination.

Assessment criteria, satisfactory (1-2)

Student is attending adequately and has returned course assignments and has sub-par performance in examination.

Assessment criteria, good (3-4)

Student is attending adequately and has returned course assignments and has good (3) or very good (4) level of performance in examination.

Assessment criteria, excellent (5)

Student is attending adequately and has returned course assignments and has excellent level of performance in examination.

Enrollment

01.12.2021 - 19.01.2022

Timing

01.01.2022 - 21.05.2022

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages
  • Finnish
Teachers
  • Jukka Rantala
Groups
  • PTUTAS20A
    PTUTAS20A
  • PMYYNS20
  • LIPATMODProductDevelopmentManagement
  • PTUTAS20B
    PTUTAS20B

Objective

The student is able to:
•estimate financial needs of a product and productization processes
•can present financing alternatives depending on the different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them

Content

•financial planning of business operations
•Basics of relevant Cost Accounting
•corporate finance
•investment calculation methods
•profitability of the investment
•sources of finance
•risk management in financing

Materials

The material needed for studying is mainly in the electronic learning environment (ITslearning). Part of the material consists of other literature in the field, magazines and material possibly provided by companies.

Teaching methods

Lectures, assignments, cases and exam

Exam schedules

The final structure of the implementation will be agreed together at the beginning of the implementation.

International connections

Innopeda

Completion alternatives

Possible exam arrangements, to be agreed separately if possible.

Student workload

Literature studies, meaningful participation in lectures and assignments. Assignments are given both orally and in writing during lectures. All assignments will be returned, which is a prerequisite for receiving a grade. At the end of the implementation, a self-assessment and possible group assessments are carried out, which must be done and returned in order to receive a grade.
Implementation may include a business assignment or assignments
Estimated workload
• 135 hours of work

Content scheduling

•Financial needs of a product and productization processes
•Investment calculation methods
•Financial planning of business operations
•Financing alternatives for different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them (relevant Cost Accounting)
•Corporate finance
•Sources of finance
•Risk management in financing

Further information

The final structure of the implementation will be agreed together at the beginning of the implementation. Self-assessment and group assessment are independent assignments at the end of implementation.

Evaluation scale

H-5

Assessment methods and criteria

Course attendance and activity, quality of returned course assignments, examination.

Assessment criteria, fail (0)

All tasks and/or Cases have not been made or returned. The summed up result for the assignments does not exceed 50% of the total score.

Assessment criteria, satisfactory (1-2)

All Tasks and Case(s) Made and Returned. The summed up result of assignments and Case(s) is 50% - 65% of the total score.

Assessment criteria, good (3-4)

All Tasks and Case (s) Made and Returned. The summed up result of assignments and Case(s) is 66% - 85% of the total score.

Assessment criteria, excellent (5)

All Tasks and Case (s) Made and Returned. The summed up result of assignments and Case(s) exceeds 85 %.