Business Mathematics and Financial ManagementLaajuus (6 cr)

Objective

The student understands business mathematics as a basis when analyzing financial business environment and business transactions. She/he can apply the methods of business mathematics to evaluate the financial problems in decision making. The student learns how to apply financial management techniques to the operative management of a company. He/she can produce and use financial information for decision making. The student also learns to use Excel spreadsheets as a tool for modelling financial tasks.

Content

Theory and business applications of- Percentage calculation and index numbers- Simple interest and applications such as short term loans- Compound interest and discounting Using Excel in financial managementManagement accounting concepts and techniquesProducing financial information for decision makingAnalyzing the profitability of an enterprise