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Master of Business Administration, Business Management

Degree:
Master of Business Administration

Degree title:
Tradenomi (ylempi AMK), Master of Business Administration

Credits:
90 ects

Master of Business Administration, Business Management
Master of Business Administration, Business Management
Master of Business Administration, Business Management
Master of Business Administration, Business Management
Enrollment

02.05.2023 - 30.09.2023

Timing

01.10.2023 - 31.01.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

0 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Groups
  • YBINBK23

Objective

After completing the course, the student is able to:
-understand Basics of Financial and Management Accounting and Reporting
-understand Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet and Cash Flow -Calculation and Financial Key Figures
-understand Basics of Management Cost Accounting and Reporting
-understand Different kind of Unit Costing Methods and Their Effects on Inventory Values and on Profit and Loss Statement
-manage the budgeting process and knows how to make sub- and main budgets
-do investment calculations and suggestions and evaluated them

Content

What is the difference between Financial and Management Accounting and Reporting
Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet, Cash Flow Calculation and Financial Key Figures
Basics of Management Cost Accounting and Reporting
Different kind of Unit Cost Accounting Methods and Their Effects on Inventory Values and on Profit and Loss Statement
Budgeting
Investment calculations and suggestions

Materials

Will be mentioned in ITSLEARNING System. The execution plan of the course will be open for students in ITSLEARNING system about 1-2 weeks before the first contact teaching day.

The "reference" book in the course is: ”MANAGEMENT AND COST ACCOUNTING” BY COLLIN DRURY (THOMSON, 2005 or newer)

Other materials, which has been put into ITSLEARNING -system.

Teaching methods

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING -system and evaluated By the teacher.

The group assignment is an investment decision-making exercise where groups of 3-5 students must do investment calculations and suggestions from the case, that the teacher gives. The case is the same for all groups. These groups are selected randomly during the first contact teaching day.

The teacher will send to students a survey about 2-3 weeks before the first contact teaching day. He wants to know what kind of previous studies, expertise, and experiences students have in the field of management accounting.

Students must submit their answers to this survey as a file into ITSLEARNING -system by Friday 28.9.2023. The teacher tries to focus on the content of the contact teaching days based on the results of this survey.

Exam schedules

No tests

International connections

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING System and evaluated By the teacher.

Completion alternatives

No optional ways to complete the course

Student workload

Home assignments will be described in ITSLEARNING System and introduced during the first contact teaching day.

Content scheduling

The Course focuses on topics in the field of Management Accounting and Financial Statements (Protif/Loss Statement + Balance Sheet) and their Key Figures (what they are and what they mean in theory and in practice for a manager).

This course is similar to groups YBINBK23 (MBA in Business Management) and YSMANK23 (MBA in Sales Management). These groups have the same 1 st contact teaching day (mass lecture in a big auditorium), but separate 2 nd contact teaching day in small groups where we do investment calculations.

The two contact days are:

On Thursday 5.10.2023, between 9-12 o´clock, in Turku, in room: ICT_C1035_DELTA
12-16 o´clock, in Turku, in room: ICT_B1026_GAMMA
On Friday 10.11.2023, between 9-12 o´clock, in Turku, in room: EDU-1091
12-16 o´clock, in Turku, in rooms: LEM_B216, etc.

Further information

keijo.varis@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

All assignments will be evaluated by the teacher by using the grading scale 1-5. The grading is based on the content and correctness of the home assignments. The final grade of the whole course is the mean of the grades of all home assignments done during the course.

Enrollment

02.05.2023 - 30.09.2023

Timing

30.09.2023 - 31.01.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Groups
  • YSMANK23

Objective

After completing the course, the student is able to:
-understand Basics of Financial and Management Accounting and Reporting
-understand Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet and Cash Flow -Calculation and Financial Key Figures
-understand Basics of Management Cost Accounting and Reporting
-understand Different kind of Unit Costing Methods and Their Effects on Inventory Values and on Profit and Loss Statement
-manage the budgeting process and knows how to make sub- and main budgets
-do investment calculations and suggestions and evaluated them

Content

What is the difference between Financial and Management Accounting and Reporting
Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet, Cash Flow Calculation and Financial Key Figures
Basics of Management Cost Accounting and Reporting
Different kind of Unit Cost Accounting Methods and Their Effects on Inventory Values and on Profit and Loss Statement
Budgeting
Investment calculations and suggestions

Materials

Will be mentioned in ITSLEARNING System. The execution plan of the course will be open for students in ITSLEARNING system about 1-2 weeks before the first contact teaching day.

The "reference" book in the course is: ”MANAGEMENT AND COST ACCOUNTING” BY COLLIN DRURY (THOMSON, 2005 or newer)

Other materials, which has been put into ITSLEARNING -system.

Teaching methods

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING -system and evaluated By the teacher.

The group assignment is an investment decision-making exercise where groups of 3-5 students must do investment calculations and suggestions from the case, that the teacher gives. The case is the same for all groups. These groups are selected randomly during the first contact teaching day.

The teacher will send to students a survey about 2-3 weeks before the first contact teaching day. He wants to know what kind of previous studies, expertise, and experiences students have in the field of management accounting.

Students must submit their answers to this survey as a file into ITSLEARNING -system by Friday 28.9.2023. The teacher tries to focus on the content of the contact teaching days based on the results of this survey.

Exam schedules

No tests.

International connections

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING System and evaluated By the teacher.

Completion alternatives

No optional ways to complete the course

Student workload

Home assignments will be described in ITSLEARNING System and introduced during the first contact teaching day.

Content scheduling

The Course focuses on topics in the field of Management Accounting and Financial Statements (Protif/Loss Statement + Balance Sheet) and their Key Figures (what they are and what they mean in theory and in practice for a manager).

This course is similar to groups YSMANK23 (MBA in Sales Management)YBINBK23 (MBA in Business Management). These groups have the same 1 st contact teaching day (mass lecture in a big auditorium), but separate 2 nd contact teaching day in small groups where we do investment calculations.

The two contact days are:

On Thursday 5.10.2023, between 9-12 o´clock, in Turku, in room: ICT_C1035_Delta
12-16 o´clock, in Turku, in room: ICT_B1026_Gamma
On Thursday 26.10.2023, between 9-12 o´clock, in Turku, in room: LEM_B148
12-16 o´clock, in Turku, in room: LEM_109 and LEM_B155

Further information

Email: keijo.varis@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

All assignments will be evaluated by the teacher by using the grading scale 1-5. The grading is based on the content and correctness of the home assignments. The final grade of the whole course is the mean of the grades of all home assignments done during the course.

Enrollment

01.05.2023 - 08.09.2023

Timing

25.08.2023 - 31.01.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Master School

Teaching languages
  • Finnish
Seats

10 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Scheduling groups
  • Avoimen AMK:n kiintiöpaikat. Ilmoittaudu ilman tätä pienryhmää (Size: 3. Open UAS: 3.)
Groups
  • YTEJOTS23
  • VAVY2324
Small groups
  • Open UAS quota. Please enroll without selecting this group

Objective

After completing the course, the student:
-understands the difference between management and leadership
-knows the key theories of leadership and can implement this knowledge in his/her work as a leader
-understands individual differences and is able to take this into account when leading people
-knows when leadership is not needed
-can lead individuals and teams effectively and ethically
-knows the key change management theories and models and can implement them in practice as a change manager and leader
-is able to lead himself/herself
-knows his/her own development needs as a leader and has made the plan how to develop himself/herself as a leader

Content

-Management and leadership
-Leadership theories
-Substitutes of leadership
-Ethical leadership
-Thomas International Test
-How to lead in practice individuals and teams
-Key change management theories
-Own development needs as a leader

Materials

This course is based on the following materials:
* Free Surveys, like Thomas International Self Assessment
* Text book: Leadership in Organizations (Gary Yukl)(4 th or newer edition) eBook at Turku University of Applied Sciences Library
* Materials (Copies of Articles) delivered by teacher during the contact days
* Materials in ITSLEARNING System:
- Lectures of Keijo Varis, etc.
- Videos
- Copies of Articles and Book Chapters

Teaching methods

Multi-Form (lectures, videos, individual and group assignments)

International connections

Multi-Form (lectures, videos, individual and group assignments)

Completion alternatives

No tests; two to three (2-3) written group and/or individual home assignments. Read more information from ITSLEARNING-system.

Student workload

No tests; two to three (2-3) written group and/or individual home assignments. Read more information from ITSLEARNING-system.

Content scheduling

This course is intended primarily for students in program of Technological Competence Management (YTEJOS23/YTEJOTS23). Students from Open University have 3 places and the maximum group size is 35 students.

Briefly, the course content is as follows:
- Leadership and Management
- Legal and Ethical Criteria for Leadership
- Competence management
- Leading change

THE MATERIAL OF THE COURSE IS BOTH IN FINNISH AND IN ENGLISH. LEARNING ASSIGNMENTS CAN BE WRITTEN IN FINNISH.

The detailed execution plan of the course can be found in ITSLEARNING -system a week before the course starts.

The contact teaching days:
1 st day: On Thursday 14.9.2023, between 9-16.00, in Classroom EDU_1090
2 nd day: On Thursday 12.10.2023, between 9-16.00 , in Classroom EDU_1001

Please check classrooms from calendar (Lukkari) before comming!!

Further information

email: keijo.varis@turkuamk.fi

The course has 3 study places reserved for open university students, who must have sufficient proficiency in both Finnish and English to complete the course.

Evaluation scale

H-5

Assessment methods and criteria

Evaluation:
The grading of the course is Rejected or 1-5 and the final grade is based on the mean of the grades of all home assignments:
- All home assignments must be accepted (mix grade is 1)
- More information of the grading can be found from the execution plan in ITSLearning -system

Enrollment

01.05.2023 - 24.08.2023

Timing

24.08.2023 - 31.01.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

0 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Groups
  • YBINBK23

Objective

After completing the course, the student:
-understands the difference between management and leadership
-knows the key theories of leadership and can implement this knowledge in his/her work as a leader
-understands individual differences and is able to take this into account when leading people
-knows when leadership is not needed
-can lead individuals and teams effectively and ethically
-knows the key change management theories and models and can implement them in practice as a change manager and leader
-is able to lead himself/herself
-knows his/her own development needs as a leader and has made the plan how to develop himself/herself as a leader

Content

-Management and leadership
-Leadership theories
-Substitutes of leadership
-Ethical leadership
-Thomas International Test
-How to lead in practice individuals and teams
-Key change management theories
-Own development needs as a leader

Materials

This course is based on the following materials:
* Free Surveys, like Thomas International Self Assessment
* Text book: Leadership in Organizations (Gary Yukl)(4 th or newer edition) eBook at Turku University of Applied Sciences Library
* Materials (Copies of Articles) delivered by teacher during the contact days
* Materials in ITSLEARNING -system:
- Lectures of Keijo Varis, etc.
- Videos
- Copies of Articles and Book Chapters

Teaching methods

Multi-Form (lectures, videos, individual and group assignments)

Exam schedules

No tests; two to three (2-3) written group and individual home assignments. Read information from ITSLEARNING -system.

No other way to complete the course.

International connections

Multi-Form (lectures, videos, individual and group assignments)

Completion alternatives

No tests; two to three (2-3) written group and individual home assignments. Read information from ITSLEARNING -system.

No other way to complete the course.

Student workload

No tests; two to three (2-3) written group and individual home assignments. Read information from ITSLEARNING -system.

Content scheduling

This course is intended primarily for students in the MBA in Business Management (Group YBINBK23) and secondarily for others if there are enough places available.

The detailed execution plan of the course can be found in ITSLEARNING -system.

The contact teaching days:
1 st day: On Thursday 7.9.2023, between 9-16.00 in the classroom: EDU_1090
2 nd day: On Thursday 9.11.2023, between 9-16.00, in the classroom :EDU_1090

Further information

In this course, teacher prefers email-contacting: keijo.varis@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

Evaluation:
The grading of the course is 1-5 and is based on the grades of all home assignments:
- All home assignments must be approved (minimum grade is 1)
- The grading is based on the theoretical and practical content of the assignments.
- More information on the grading can be found in the execution plan in ITSLEARNING -system.

Enrollment

02.05.2023 - 29.09.2023

Timing

18.09.2023 - 31.12.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Campus

Kupittaa Campus

Teaching languages
  • English
Seats

0 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Markku Lindell
Groups
  • YBINBK23

Objective

After completing the course, the student is able to:
-account for the importance of technological development and innovation for business growth and increased competitiveness
-understand the need and role of new product and service development and innovations
-link organization´s strategy, leadership and efficient innovation management
-utilize different innovation models and processes and their specific features in order to create new business
-create working environments and cultures that inspire people for innovation development
-understand the importance of successful adoption of diffusion of innovations
-assess the success of innovation processes and innovations

Content

-Elements of new product/service development and innovation process
-Adaptation and diffusion of innovations
-Recent innovation models and types
-Innovation capabilities (personal, organizational, cultural and networks)
-Innovating in different contexts (low-tech, high-tech and services)
-Innovation sustainability and measuring the success of innovations

Materials

Trott, Paul, 2016. Innovation Management and New Product Development, Financial Times/ Prentice Hall - M.U.A (eBook in Finna)
Ries, Eric, 2011. The Lean Startup, Penguin Books
Morris, L. 2011. The Innovation Master Plan - the CEOs guide to innovation, www.innovationlabs.com, Chapters 1, 4, 5 and 6.
Dodgson, Mark, Gann, David M., Salter, Ammon 2008. Management of Technological Innovation: Strategy and Practice, OUP Oxford
Mello, Sheila Mackey, Wayne Lasser, Ronald Tait, Richard 2005. Value Innovation Portfolio Management, J. Ross Publishing Inc.
Alzira Salama, 2011. Creating and Re-Creating Corporate Entrepreneurial Culture, Routledge, Gower
Goodman, M., Dingli, S., 2013. Creativity and Strategic Innovation Management, Routledge, New York, NY
More reading materials in the learning platform.

Teaching methods

The course consists of two 8 hour contact days, individual and group assignments work, and peer reviews and also self-assessments. Assignments and student groups will be introduced and discussed during the contact days. Feedback and discussion in contact day lectures and also in learning platform environment.

Exam schedules

There is no exam in this course.

International connections

The course uses constructionist learning, in which new theories and practices learned are applied to the individual's previous knowledge and experience. The lectures deal with modern innovations, their theories, models and their applications in different organizations. Contact teaching aims to be conversational and student-centered. Students apply their own professional experience and new learning to solve real-life problems of different assignments given during the course.

Student workload

Contact days will cover 2x 8 h, learning assignment, peer/self-assessments 47 h and group/project work 70 h of individual student work. Total about 133 h.

Content scheduling

The course starts with Preliminary Assignment which is available in the course learning platform (itsLearning) on 19.9. The pre-assignment should be returned to the learning platform before the first contact day, latest 5.10.

Contact days:
6.10.2023, klo 9.00-16.15
30.11.2023, klo 9.00-16.15

Course Content:
Innovation competences.
Economic growth and innovations, the big picture.
Innovation history and drivers, innovation indexes and metrics.
Innovation types, context, innovations in products/services, in different business and organizations.
Radical disruptive innovations, open/closed innovation model, innovation s-curve, ecosystems.
Enabling technologies, digital platform economy.
Idea generation, product development process, project portfolio management.
Innovation processes, Lean startup process, innovation strategy.
Innovation culture.
Trends.

Further information

Course communications via itslearning.

Evaluation scale

H-5

Assessment methods and criteria

Assignments will be assessed with scale 0-5 where 0 is failed. All the assignments need to be returned in due time. The course final grade will be average from the assignments. Student missing a contact day is expected to complete a given compensation assignment on the contact day topics. Returning assignments after the specified deadline (late) may have a negative impact on the grade of the assignment.

Assessment criteria, fail (0)

Student has not completed assignments work and other given tasks acceptably in due time. The returned assignments are superficial and/or do not correspond to topics requested in the assignment.

Assessment criteria, satisfactory (1-2)

The assignment work shows that student is managing the basic concepts and theories of innovation management.

Assessment criteria, good (3-4)

Student is managing well the theories and concepts of innovation management and is applying the knowledge to the benefit of his/her organization and other stakeholders. Student is using well the given literature and apply it to given assignments.

Assessment criteria, excellent (5)

Student is managing the theories and concepts of innovation management outstandingly and is applying the knowledge to the benefit of the organization and other stakeholders. Student is able to use the given literature in excellent way and is capable finding and applying relevant additional professional and scientific information sources creating new valuable viewpoints. The student demonstrates significant initiative, brings forward validated new ideas and inspires others with his or her innovation management capabilities.

Enrollment

02.12.2023 - 14.01.2024

Timing

01.01.2024 - 31.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

4 op

RDI portion

2 op

Mode of delivery

20 % Contact teaching, 80 % Distance learning

Campus

Kupittaa Campus

Teaching languages
  • English
Seats

10 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Markku Lindell
Groups
  • YBINBK24

Objective

After completing the course, the student is able to:
-understand frameworks and standardized processes for project life-time management and different implementation models
-identify and cope with the challenges of managing demanding and wide projects
-develop project activity from business perspective and act in different roles in projects, eg. project manager, steering group member and project sponsor
-communicate effectively about project developments and issues with all the relevant stakeholders including multicultural project teams
-understand the principles of program and portfolio management and alignment with the organization’s strategy

Content

-Theoretical frameworks for project management
-The role of international project management organizations, key competencies, roles of certification of individuals and organizations
-Project and project management key concepts and phases from project initiation to closing. Project charter, stakeholder management and roles, requirements development, project planning techniques. Different execution models, monitoring, controlling management areas and styles
-Management and leadership of projects with multicultural teams; the importance of communication
-Basics of program and portfolio project management and alignment with strategy

Materials

• Turner, J. Rodney, 2014. Gower Handbook of Project Management, Gower, ISBN 978-1-4724-2297-2 (epub)
• Cynthia Stackpole Snyder, 2013. A User's Manual to the PMBOK Guide, John Wiley & Sons, Inc.
• Joseph Heagney, 2012. Fundamentals of Project Management, American Management Association, 4th ed
• Kerzner, Harold, 2013. Project Management : A Systems Approach to Planning, Scheduling, and Controlling, John Wiley & Sons.
• Artto K., Martinsuo M., Kujala J., 2011. Project business. Helsinki, Finland, ISBN 978-952-92-8535-8
http://pbgroup.aalto.fi/en/the_book_and_the_glossary/project_business_2011.pdf
Additional literature and materials in itsLearning (learning platform) and during lectures.

Teaching methods

Contact days sessions, online meetings, individual and group learning assignments, peer reviews. PMAF foundation4 certification test.

Exam schedules

PMAF foundation4 project certification test passed.

International connections

Innovation pedagogy via constructionist learning method. Problem solving by applying new theories and practices to individuals prior knowledge. During the webinars and with proactive self-learning the theories and practices of modern project management are addressed and discussed within the student group. Students will apply their own professional experiences to expand and apply the theories to solve real world problems in assignments.

Student workload

Total, average student work is about 135h. Contact days and online review meetings cover 18h. All remaining hours are individual learning, assignment works including student group collaboration and the foundation4 certification test.

Content scheduling

Course learning platform, ItsLearning, opens on 9.1.2024 with pre-assignment. All students MUST return the pre-assignment latest 29.1. (to ItsLearning).

There are two contact days,
Thu 1.2. klo 9.00 - 16.15, and
Fri 3.5. klo 9.00 - 16.15.
Between the contact days there are few online status meetings (date(s) ToBeDefined).
PMAF Foundation4 project certification test (online, date TBD)

Students will learn and understand basic concepts and practices of project management. The course is focusing on project management topics which can be found and are common to most projects independent on project’s domain, type, size or management style. Key areas include project initialization, planning, execution phases as well as management, control and closing phases. Different project processes are discussed. Students will learn to understand the importance of stakeholder management and different roles in project framework, roles emphasizing project manager skills, duties and responsibilities in different phases of the project life-cycle.
International project management frameworks, including ISO standardization body, PMI, PMBoK and IPMA will be discussed. Few examples of specific modern project management methodologies are addressed as best practices for certain project types. Program and Portfolio management and alignment to organization strategy will be addressed.

The course consists of pre-assignment, contact day sessions, online review meetings, individual assignments, group assignments and peer reviews. Requirements also include PMAF foundation4 project certification test passed.

Evaluation scale

H-5

Assessment criteria, fail (0)

Student has not completed assignments work acceptably in due time.

Assessment criteria, satisfactory (1-2)

The assignments work show that student is managing the basic concepts and theories of project management.

Assessment criteria, good (3-4)

Student is managing well the theories and concepts of project management and is applying the knowledge to the benefit of the organization and other stakeholders. Student is using well the given literature and apply it to given assignments.

Assessment criteria, excellent (5)

Student is managing well the theories and concepts of project management and is applying the knowledge to the benefit of the organization and other stakeholders. Student is able to use the given literature in excellent way and is capable finding and applying relevant additional professional and scientific information sources creating new valuable viewpoints.

Enrollment

15.11.2023 - 08.01.2024

Timing

16.01.2024 - 31.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

RDI portion

2 op

Mode of delivery

Distance learning

Unit

Master School

Campus

Location-independent

Teaching languages
  • English
Seats

0 - 25

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Markku Lindell
Groups
  • VAVY2324

Objective

After completing the course the student
- knows frameworks and standardized processes for project life-time management and different implementation models
- is able to identify and cope with the challenges of managing demanding and wide projects
- is able to act in different roles in projects, eg. project manager, steering group member and Project
sponsor
- is able to communicate effectively about project developments and issues to all the relevant
stakeholders including multicultural project teams
- understands the principles of program and portfolio management and how they serve and are
aligned with the organization’s strategy

Content

- Theoretical framework for project management. The role of international project management
organizations, key competencies, roles of certification of individuals and organizations
- Project key concepts and phases from project initiation to closing. Project charter, stakeholder
management and roles, requirements development, project planning techniques. Different execution
models, monitoring, controlling management areas and styles.
- Management and leadership of projects with multicultural teams; the importance of communication.

Materials

• Turner, J. Rodney, 2014. Gower Handbook of Project Management, Gower, ISBN 978-1-4724-2297-2 (epub)
• Cynthia Stackpole Snyder, 2013. A User's Manual to the PMBOK Guide, John Wiley & Sons, Inc.
• Joseph Heagney, 2012. Fundamentals of Project Management, American Management Association, 4th ed
• Kerzner, Harold, 2013. Project Management : A Systems Approach to Planning, Scheduling, and Controlling, John Wiley & Sons.
• Artto K., Martinsuo M., Kujala J., 2011. Project business. Helsinki, Finland, ISBN 978-952-92-8535-8
http://pbgroup.aalto.fi/en/the_book_and_the_glossary/project_business_2011.pdf
Additional literature and materials in ItsLearning (learning platform) and during lectures.

Teaching methods

Webinars, individual and group learning assignments, status reporting, peer reviews.

Exam schedules

PMAF Foundation certification test passed is part of the course requirements

International connections

Innovation pedagogy via constructionist learning method. Problem solving by applying new theories and practices to individuals prior knowledge. During the webinars and with proactive self-learning the theories and practices of modern project management are addressed and discussed within the student group. Students will apply their own professional experiences to expand and apply the theories to solve real world problems in assignments.

Student workload

Total, average student work is 135h. Webinars cover 16h, all remaining in individual learning, assignment works including student group collaboration.

Content scheduling

This course is primarily for CampusOnline students and TUAS English speaking Master School students taking the course as elective study. For TUAS Finnish speaking students, there is 3191058-3011 Projektinhallinta, for spring 2024.

The course starts on 16.1.2024, when the pre-assignment task is available in Itslearning platform for students who have enrolled and accepted to the course. All students MUST complete and return the pre-assignment latest 4.2.

The course is fully online with a strict time schedule to follow. It consists of webinar sessions, individual and group assignments work with written and spoken reports and presentations, discussions as well as peer reviews. Individual and group assignments are very intense during the course period with several assignment deadlines to be followed.

Webinars are used to introduce the topics and assignments. Course time schedule (Zoom) :
Tue 16.1. Pre-assignment available in ItsLearning
Tue 6.2. klo 9.00-12.15, webinar 1/5
Tue 27.2. klo 16.00-18.30, webinar 2/5
Tue 19.3. klo 16.00-18.30, webinar 3/5
Tue 2.4. klo 16.00-18.30, webinar 4/5
Tue 16.4. klo 16.00-18.30, webinar 5/5
Date: ToBeDefined, Foundation project certification test.

PMAF Foundation certification is part of course requirements.
The webinars' lecture presentations will be recorded for later viewing.

Students will learn and understand basic concepts and practices of project management. The course is focusing on project management topics which are common to most projects independent on project’s domain, type, size or management style. Key areas include project life-cycle, project initialization, planning, execution phases as well as management, control and closing phases. Different project processes are discussed. Students will learn to understand stakeholder management and different roles in project framework, roles emphasizing project manager skills, duties and responsibilities in different phases of the project life-cycle.
International project management frameworks, including ISO standardization body, PMI, PMBoK and IPMA will be discussed. Few examples of specific modern project management methodologies are addressed as best practices for certain project types. Program and Portfolio management and alignment to organization strategy will be addressed.

Further information

Course communication is done using student's TUAS email address and ItsLearning platform used in TUAS.
Offering 20 student places for CampusOnline students and 5 student places for Open Studies students. If places are vacated, they will be filled out from the waiting list.

Evaluation scale

H-5

Assessment criteria, fail (0)

Student has not completed assignments work acceptably in due time.

Assessment criteria, satisfactory (1-2)

The assignment work shows that student is managing the basic concepts and theories of project management.

Assessment criteria, good (3-4)

Student is managing well the theories and concepts of project management and is applying the knowledge to the benefit of the organization and other stakeholders. Student is using well the given literature and apply it to given assignments.

Assessment criteria, excellent (5)

Student is managing well the theories and concepts of project management and is applying the knowledge to the benefit of the organization and other stakeholders. Student is able to use the given literature in excellent way and is capable finding and applying relevant additional professional and scientific information sources creating new valuable viewpoints.

Qualifications

Completed Bachelor's Degree and minimum of two years working experience after the BSc Degree, eligible for Master's Degree studies in University of Applied Sciences (Finland).

Enrollment

15.11.2023 - 08.01.2024

Timing

16.01.2024 - 31.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

RDI portion

2 op

Mode of delivery

Distance learning

Unit

Master School

Campus

Location-independent

Teaching languages
  • English
Seats

0 - 5

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Markku Lindell
Scheduling groups
  • Avoimen AMK:n kiintiöpaikat. Ilmoittaudu ilman tätä pienryhmää. (Size: 5. Open UAS: 5.)
Groups
  • VAVY2324
Small groups
  • Open UAS quota. Please enroll without selecting this group.

Objective

After completing the course the student
- knows frameworks and standardized processes for project life-time management and different implementation models
- is able to identify and cope with the challenges of managing demanding and wide projects
- is able to act in different roles in projects, eg. project manager, steering group member and Project
sponsor
- is able to communicate effectively about project developments and issues to all the relevant
stakeholders including multicultural project teams
- understands the principles of program and portfolio management and how they serve and are
aligned with the organization’s strategy

Content

- Theoretical framework for project management. The role of international project management
organizations, key competencies, roles of certification of individuals and organizations
- Project key concepts and phases from project initiation to closing. Project charter, stakeholder
management and roles, requirements development, project planning techniques. Different execution
models, monitoring, controlling management areas and styles.
- Management and leadership of projects with multicultural teams; the importance of communication.

Materials

• Turner, J. Rodney, 2014. Gower Handbook of Project Management, Gower, ISBN 978-1-4724-2297-2 (epub)
• Cynthia Stackpole Snyder, 2013. A User's Manual to the PMBOK Guide, John Wiley & Sons, Inc.
• Joseph Heagney, 2012. Fundamentals of Project Management, American Management Association, 4th ed
• Kerzner, Harold, 2013. Project Management : A Systems Approach to Planning, Scheduling, and Controlling, John Wiley & Sons.
• Artto K., Martinsuo M., Kujala J., 2011. Project business. Helsinki, Finland, ISBN 978-952-92-8535-8
http://pbgroup.aalto.fi/en/the_book_and_the_glossary/project_business_2011.pdf
Additional literature and materials in ItsLearning (learning platform) and during lectures.

Teaching methods

Webinars, individual and group learning assignments, status reporting, peer reviews.

Exam schedules

PMAF Foundation certification test passed is part of the course requirements

International connections

Innovation pedagogy via constructionist learning method. Problem solving by applying new theories and practices to individuals prior knowledge. During the webinars and with proactive self-learning the theories and practices of modern project management are addressed and discussed within the student group. Students will apply their own professional experiences to expand and apply the theories to solve real world problems in assignments.

Student workload

Total, average student work is 135h. Webinars cover 16h, all remaining in individual learning, assignment works including student group collaboration.

Content scheduling

This course is primarily for CampusOnline students and TUAS English speaking Master School students taking the course as elective study. For TUAS Finnish speaking students, there is 3191058-3011 Projektinhallinta, for spring 2024.

The course starts on 16.1.2024, when the pre-assignment task is available in Itslearning platform for students who have enrolled and accepted to the course. All students MUST complete and return the pre-assignment latest 4.2.

The course is fully online with a strict time schedule to follow. It consists of webinar sessions, individual and group assignments work with written and spoken reports and presentations, discussions as well as peer reviews. Individual and group assignments are very intense during the course period with several assignment deadlines to be followed.

Webinars are used to introduce the topics and assignments. Course time schedule (Zoom) :
Tue 16.1. Pre-assignment available in ItsLearning
Tue 6.2. klo 9.00-12.15, webinar 1/5
Tue 27.2. klo 16.00-18.30, webinar 2/5
Tue 19.3. klo 16.00-18.30, webinar 3/5
Tue 2.4. klo 16.00-18.30, webinar 4/5
Tue 16.4. klo 16.00-18.30, webinar 5/5
Date: ToBeDefined, Foundation project certification test.

PMAF Foundation certification is part of course requirements.
The webinars' lecture presentations will be recorded for later viewing.

Students will learn and understand basic concepts and practices of project management. The course is focusing on project management topics which are common to most projects independent on project’s domain, type, size or management style. Key areas include project life-cycle, project initialization, planning, execution phases as well as management, control and closing phases. Different project processes are discussed. Students will learn to understand stakeholder management and different roles in project framework, roles emphasizing project manager skills, duties and responsibilities in different phases of the project life-cycle.
International project management frameworks, including ISO standardization body, PMI, PMBoK and IPMA will be discussed. Few examples of specific modern project management methodologies are addressed as best practices for certain project types. Program and Portfolio management and alignment to organization strategy will be addressed.

Further information

Course communication is done using student's TUAS email address and ItsLearning platform used in TUAS.
Offering 20 student places for CampusOnline students and 5 student places for Open Studies students. If places are vacated, they will be filled out from the waiting list.

Evaluation scale

H-5

Assessment criteria, fail (0)

Student has not completed assignments work acceptably in due time.

Assessment criteria, satisfactory (1-2)

The assignment work shows that student is managing the basic concepts and theories of project management.

Assessment criteria, good (3-4)

Student is managing well the theories and concepts of project management and is applying the knowledge to the benefit of the organization and other stakeholders. Student is using well the given literature and apply it to given assignments.

Assessment criteria, excellent (5)

Student is managing well the theories and concepts of project management and is applying the knowledge to the benefit of the organization and other stakeholders. Student is able to use the given literature in excellent way and is capable finding and applying relevant additional professional and scientific information sources creating new valuable viewpoints.

Qualifications

Completed Bachelor's Degree and minimum of two years working experience after the BSc Degree, eligible for Master's Degree studies in University of Applied Sciences (Finland).

Enrollment

02.12.2023 - 30.01.2024

Timing

01.01.2024 - 31.07.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Groups
  • YBINBK24

Objective

After completing the course, the student
-understands what is a strategy and can plan strategies for his/her organizations
-understands what is strategic thinking, where it is needed and has improved his/her own strategic thinking skills
-can guide strategic planning processes at different organizational levels
-is able to select the most appropriate strategic planning tools for different contexts and can use them in an appropriate way
-is able to identify the most significant obstacles to strategy implementation and create a workable plan to eliminate them and execute wisely and effectively the chosen strategy

Content

-What is strategic management
-What is strategic thinking
-Strategic management processes and planning tools
-How to select wisely a strategy which leads to success
-How to execute the selected strategy wisely and effectively

Materials

All in ITSLEARNING, but "reference books" must either be lended from libraries or bought some where. The role of books are just like references or handbooks and students does not need to read them through, but they can help students to complete the given home assignments

Teaching methods

Multi-learning method (Innopeda): Contact teaching days + home assignments in groups + reverse-learning from cases

Exam schedules

No tests. 2-3 home assignments in groups

International connections

Multi-learning method (Innopeda): Contact teaching days + home assignments in groups + reverse-learning from cases

Completion alternatives

No other ways to complete the course.

Student workload

1) Background survey, which all students must fill out and submit as a file into the ITSLEARNING system by 30.1.2024.
2) Individual STQ-test on the internet. Instructions in ITSLEARNING. Its report must be ´submitted as a file into ITSLEARNING by 1.2.2024.
3) 2-3 large home assignments in 4-6 member groups: the results of these group works must be submitted as files into the ITSLEARNING system according to the timetable later mentioned in the ITSLEARNING system.

Content scheduling

This course is meant mainly for YBINBK24 students (25-30 students). Few students from the MBA in Sales Management degree program can also be taken to the course in the enrollment order.

The course consists of an STQ test, two (2) contact teaching days, and home assignments which will be submitted into the ITSLEANING System according to the given timetable in ITSLEARNING. There are 2-3 home assignments, which will be done in 4-6 person groups. These groups will be selected randomly during the first contact teaching day.
Contact teaching days are:
1. Friday 2.2.2024, between 9-16 o´clock on Lemminkäisenkatu 30, Turku, in the classroom ???= Will be informed later.
2. Friday 1.3.2024, between 9-16 o´clock on Lemminkäisenkatu 30, Turku, in the classroom: EDU_1001
Learning purposes and outcomes:
After the successful execution of this course, students will have good basic and general knowledge and overview of
- strategic planning process and tools + how to choose and use these tools in each situation
(strategies and the use of strategy tools depend on the external and internal environment of any organization)
- what is strategic thinking and where/how it is needed
- what kind of challenges does the execution of the chosen strategy include and how organizations/managers/leaders can try to overcome these challenges and obstacles and ensure the successful execution of a strategy
The execution of the course will be opened in ITSLEARNING 1-2 weeks before the first contact teaching day. All home assignments and course materials will be found in ITSLEARNING.

Further information

Dr. Keijo Varis
keijo.varis@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

The rating scale is 0-5, where 5= commendable, 3-4= good and 1-2= satisfactory. Zero (0) is rejected. The subject of the evaluation is the content and quality of the learning tasks performed in groups. The final grade is made up of the average of the grades of the group assignments. You also get points from the STQ test, which affects the final grade. The grading table for grades is described in ITSLEARNING and is reviewed at the beginning of the study period.

Assessment criteria, fail (0)

The student has not returned the learning tasks within the given deadline, and/or their content does not correspond to the description of the learning task, or is otherwise at an acceptable level.

Assessment criteria, satisfactory (1-2)

The answers to the learning tasks correspond to the assignment and show that the basic content of the course is mastered at a passable or satisfactory level.

Assessment criteria, good (3-4)

The answers to the learning tasks correspond to the assignment and show that the basic content of the course is managed at a fairly good to good level and the practical examples requested in the learning tasks have been handled at a reasonable level.

Assessment criteria, excellent (5)

The answers to the learning tasks correspond to the assignment and show that the content of the course is managed extensively and at an excellent level, and the requested practical examples have been handled in the learning tasks in a versatile and in-depth level.

Enrollment

02.12.2023 - 31.12.2023

Timing

01.01.2024 - 31.07.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Master School

Teaching languages
  • Finnish
Seats

10 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Scheduling groups
  • Avoimen AMK:n kiintiöpaikat. Ilmoittaudu ilman tätä pienryhmää. (Size: 5. Open UAS: 5.)
Groups
  • YTEJOTS23
  • VAVY2324
Small groups
  • Open UAS quota. Please enroll without selecting this group.

Objective

After completing the course, the student
-understands what is a strategy and can plan strategies for his/her organizations
-understands what is strategic thinking, where it is needed and has improved his/her own strategic thinking skills
-can guide strategic planning processes at different organizational levels
-is able to select the most appropriate strategic planning tools for different contexts and can use them in an appropriate way
-is able to identify the most significant obstacles to strategy implementation and create a workable plan to eliminate them and execute wisely and effectively the chosen strategy

Content

-What is strategic management
-What is strategic thinking
-Strategic management processes and planning tools
-How to select wisely a strategy which leads to success
-How to execute the selected strategy wisely and effectively

Evaluation scale

H-5

Enrollment

02.05.2023 - 08.09.2023

Timing

07.09.2023 - 31.12.2023

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Teaching languages
  • Finnish
Seats

0 - 80

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Timo Tolmunen
  • Tapani Kilpeläinen
  • Heli Aramo-Immonen
  • Markku Lindell
  • Tuuli Lahti
Groups
  • YSPLIS23
  • YPROTK23
  • YPROIK23

Objective

After completing the course, the student is able to:
-approach the complex development challenges of organization, economy, and technology by systems thinking
-formulate research problem and research questions for developmental challenges
-search, summarize, and refer to the previous relevant research of the discipline
-apply the methods and tools for acquiring qualitative and quantitative information required in development
-analyse, refine and present the collected information to support decision-making
-evaluate the validity, reliability, and ethics of the information and research
-plan, initiate, and execute the necessary development procedures (thesis project)
-apply the methods and tools on continuous development

Content

-Description of complexity, Cynefin framework
-Technical, social, and economic systems
-Systems analysis and description
-Triangulation
-Knowledge based development: data collection methods
-Knowledge based development: analysing data and presenting knowledge
-Research ethics
-Modelling and developing operations as a system

Evaluation scale

H-5

Enrollment

01.05.2023 - 10.09.2023

Timing

31.08.2023 - 31.01.2024

Number of ECTS credits allocated

5 op

Virtual portion

4 op

RDI portion

3 op

Mode of delivery

20 % Contact teaching, 80 % Distance learning

Teaching languages
  • English
Seats

15 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Ulla Seppälä-Kaven
Groups
  • YBINBK23

Objective

After completing the course, the student is able to:
-approach the complex development challenges of organization, economy, and technology by systems thinking
-formulate research problem and research questions for developmental challenges
-search, summarize, and refer to the previous relevant research of the discipline
-apply the methods and tools for acquiring qualitative and quantitative information required in development
-analyse, refine and present the collected information to support decision-making
-evaluate the validity, reliability, and ethics of the information and research
-plan, initiate, and execute the necessary development procedures (thesis project)
-apply the methods and tools on continuous development

Content

-Description of complexity, Cynefin framework
-Technical, social, and economic systems
-Systems analysis and description
-Triangulation
-Knowledge based development: data collection methods
-Knowledge based development: analysing data and presenting knowledge
-Research ethics
-Modelling and developing operations as a system

Materials

Relevant literature: books, articles - own choice
Eriksson, P. & Kovalainen, A. 2008.Qualitative Methods in Business Research. London: SAGE Publications Ltd.

Teaching methods

Individual work, peer assessments,
- acquaintance of relevant methods:
scientific publications, interviews, observations, benchmark...
- collaboration with organizations and companies
- planning of the upcoming thesis

Exam schedules

Thesis plan, group assignment, self and peer assessments

International connections

Individual work, self and peer assessments
- discussions
- presentations

Student workload

Pre-assignment
Group assignment
Preliminary thesis plan with introductions, aim, research questions and methods, literature review, conclusion, schedule, reference list
Self and peer-assessments

Content scheduling

Research methods:
Qualitative and quantitative methods
Preparation for the Master’s thesis
Implementation plan:
Content:
- different types of approaches
- research principles
- different research methods
- research and development planning
- data collection - quantitative and or qualitative, mixed; data analysis
- quality issues and ethics in the research, data management, IPR and GDPR
- literature search, evaluation and use of the appropriate research methods for projects and master's thesis

Evaluation scale

H-5

Assessment methods and criteria

Pre-assignment: pass / fail
Group assignment: 1-5, 30 %
Thesis plan: 1-5, 60 %
Peer assessments: satisfactory, good, excellent: 10 %
Self assessment: pass
Activity

Assessment criteria, fail (0)

No participation to the contact lessons, not submitted assignments

Assessment criteria, satisfactory (1-2)

Participation to the contact days, submitted assignments

Assessment criteria, good (3-4)

Active participation to the contact days, submitted assignments with good outcomes

Assessment criteria, excellent (5)

Very active participation to the contact days, submitted assignments with excellent outcomes by the deadline

Enrollment

01.05.2023 - 26.10.2023

Timing

20.09.2023 - 31.01.2024

Number of ECTS credits allocated

5 op

Virtual portion

4 op

RDI portion

3 op

Mode of delivery

20 % Contact teaching, 80 % Distance learning

Teaching languages
  • English
Seats

15 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Ulla Seppälä-Kaven
Groups
  • YSMANK23

Objective

After completing the course, the student is able to:
-approach the complex development challenges of organization, economy, and technology by systems thinking
-formulate research problem and research questions for developmental challenges
-search, summarize, and refer to the previous relevant research of the discipline
-apply the methods and tools for acquiring qualitative and quantitative information required in development
-analyse, refine and present the collected information to support decision-making
-evaluate the validity, reliability, and ethics of the information and research
-plan, initiate, and execute the necessary development procedures (thesis project)
-apply the methods and tools on continuous development

Content

-Description of complexity, Cynefin framework
-Technical, social, and economic systems
-Systems analysis and description
-Triangulation
-Knowledge based development: data collection methods
-Knowledge based development: analysing data and presenting knowledge
-Research ethics
-Modelling and developing operations as a system

Materials

Relevant literature: books, articles - own choice
Eriksson, P. & Kovalainen, A. 2008.Qualitative Methods in Business Research. London: SAGE Publications Ltd.

Teaching methods

Individual work, peer assessments,
- acquaintance of relevant methods:
scientific publications, interviews, observations, benchmark...
- collaboration with organizations and companies
- planning of the upcoming thesis

Exam schedules

Thesis plan, group assignment, self and peer assessments

International connections

Individual work, self and peer assessments
- discussions
- presentations

Student workload

Pre-assignment
Group assignment
Preliminary thesis plan with introductions, aim, research questions and methods, literature review, conclusion, schedule, reference list
Self and peer-assessments

Content scheduling

Research methods:
Qualitative and quantitative methods
Preparation for the Master’s thesis
Implementation plan:
Content:
- different types of approaches
- research principles
- different research methods
- research and development planning
- data collection - quantitative and or qualitative, mixed; data analysis
- quality issues and ethics in the research, data management, IPR and GDPR
- literature search, evaluation and use of the appropriate research methods for projects and master's thesis

Evaluation scale

H-5

Assessment methods and criteria

Pre-assignment: pass / fail
Group assignment: 1-5, 30 %
Thesis plan: 1-5, 60 %
Peer assessments: satisfactory, good, excellent: 10 %
Self assessment: pass
Activity

Assessment criteria, fail (0)

No participation to the contact lessons, not submitted assignments

Assessment criteria, satisfactory (1-2)

Participation to the contact days, submitted assignments

Assessment criteria, good (3-4)

Active participation to the contact days, submitted assignments with good outcomes

Assessment criteria, excellent (5)

Very active participation to the contact days, submitted assignments with excellent outcomes by the deadline

Enrollment

02.12.2023 - 07.01.2024

Timing

11.12.2023 - 12.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Teaching languages
  • Finnish
Seats

40 - 80

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Timo Tolmunen
  • Heli Aramo-Immonen
  • Markku Lindell
Groups
  • YTEJOS23
  • YTEJOTS23
  • YTAIKUS23

Objective

After completing the course, the student is able to:
-approach the complex development challenges of organization, economy, and technology by systems thinking
-formulate research problem and research questions for developmental challenges
-search, summarize, and refer to the previous relevant research of the discipline
-apply the methods and tools for acquiring qualitative and quantitative information required in development
-analyse, refine and present the collected information to support decision-making
-evaluate the validity, reliability, and ethics of the information and research
-plan, initiate, and execute the necessary development procedures (thesis project)
-apply the methods and tools on continuous development

Content

-Description of complexity, Cynefin framework
-Technical, social, and economic systems
-Systems analysis and description
-Triangulation
-Knowledge based development: data collection methods
-Knowledge based development: analysing data and presenting knowledge
-Research ethics
-Modelling and developing operations as a system

Evaluation scale

H-5

Enrollment

01.05.2024 - 25.08.2024

Timing

06.09.2024 - 31.12.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Groups
  • YSMANK24

Objective

After completing the course, the student is able to:
-understand Basics of Financial and Management Accounting and Reporting
-understand Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet and Cash Flow -Calculation and Financial Key Figures
-understand Basics of Management Cost Accounting and Reporting
-understand Different kind of Unit Costing Methods and Their Effects on Inventory Values and on Profit and Loss Statement
-manage the budgeting process and knows how to make sub- and main budgets
-do investment calculations and suggestions and evaluated them

Content

What is the difference between Financial and Management Accounting and Reporting
Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet, Cash Flow Calculation and Financial Key Figures
Basics of Management Cost Accounting and Reporting
Different kind of Unit Cost Accounting Methods and Their Effects on Inventory Values and on Profit and Loss Statement
Budgeting
Investment calculations and suggestions

Materials

Will be mentioned in ITSLEARNING System. The execution plan of the course will be open for students in ITSLEARNING system about 1-2 weeks before the first contact teaching day.

The "reference" books in the course are:
"Financial Management for Financial Managers" (Marsh, C., 2012 or newer, Kogan Page)
- ebook at TUAS library
and
”MANAGEMENT AND COST ACCOUNTING” BY COLLIN DRURY (THOMSON, 2005 or newer)

Other materials, which has been put into ITSLEARNING -system.

Teaching methods

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus (2) individual and group (1) home assignments, which reports will be submitted into ITSLEARNING -system and evaluated By the teacher.

The group assignment is an investment decision-making exercise where groups of 3-5 students must do investment calculations and suggestions from the case, that the teacher gives. The case is the same for all groups. These groups are selected randomly during the first contact teaching day.

The teacher will send to students a survey about 2-3 weeks before the first contact teaching day. He wants to know what kind of previous studies, expertise, and experiences students have in the field of management accounting. This is not a pre-assignment, but a survey, which will not be evaluated. It helps teacher to focus the course better for students depending on their professional background.

Students must submit their answers to this survey as a file into ITSLEARNING -system by Monday 9.9.2024. The teacher tries to focus on the content of the contact teaching days based on the results of this survey.

Exam schedules

No exams, but three (3 ) home assignments.

International connections

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING System and evaluated By the teacher.

The course focus on the financial part of the sustainability.

Completion alternatives

No optional ways to complete the course.

Student workload

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING System and evaluated By the teacher.

Home assignments will be described in ITSLEARNING System and introduced during the first contact teaching day.

The scope of the course is 5cr=135 hours of student´s own work=16 hours contact teaching days + 119 hours individual studying/home assignments.

Content scheduling

The Course focuses on topics in the field of Management Accounting and Financial Statements (Profit/Loss Statement + Balance Sheet) and their Key Figures (what they are and what they mean in theory and in practice for a manager).

This course is similar to groups YBINBK24 (MBA in Business Management) and YSMANK24 (MBA in Sales Management). These groups have the same 1 st contact teaching day (mass lecture in a big auditorium), but separate 2 nd contact teaching day in small groups where we do investment calculations.

The two contact days are:

On Friday 13.9.2024, between 9-12 o´clock, in Turku, in room: ???For 70 persons
On Thursday 31.10.2024, between 9-12 o´clock, in Turku, in room: ???
12-16 o´clock, in Turku, in four (4) 5-15 persons group working rooms: ???

Further information

Email: keijo.varis@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

All assignments will be evaluated by the teacher by using the grading scale Done/Approved or 1-5. The grading is based on the content and correctness of the home assignments. The final grade of the whole course is the mean of the grades of all home assignments done during the course.

Assessment criteria, fail (0)

The student has not completed all the learning tasks or the answers do not correspond to the assignments given in the learning tasks or less than 10% of the answers are correct (grades below 0.5)

Assessment criteria, satisfactory (1-2)

The student has completed all the required learning tasks and the answers correspond to the tasks given in the learning tasks and 11-49% of the answers are correct.

Assessment criteria, good (3-4)

The student has completed all the required learning tasks and the answers correspond to the tasks given in the learning tasks and 50-89% of the answers are correct.

Assessment criteria, excellent (5)

The student has completed all the required learning tasks and the answers correspond to the tasks given in the learning tasks and 90-100% of the answers are correct.

Enrollment

01.05.2024 - 31.08.2024

Timing

06.09.2024 - 31.12.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

10 - 35

Degree programmes
  • Master of Business Administration, Business Management
Teachers
  • Keijo Varis
Groups
  • YBINBK24

Objective

After completing the course, the student is able to:
-understand Basics of Financial and Management Accounting and Reporting
-understand Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet and Cash Flow -Calculation and Financial Key Figures
-understand Basics of Management Cost Accounting and Reporting
-understand Different kind of Unit Costing Methods and Their Effects on Inventory Values and on Profit and Loss Statement
-manage the budgeting process and knows how to make sub- and main budgets
-do investment calculations and suggestions and evaluated them

Content

What is the difference between Financial and Management Accounting and Reporting
Basics of Duple Entry (Bookkeeping) System, Profit and Loss Statement, Balance Sheet, Cash Flow Calculation and Financial Key Figures
Basics of Management Cost Accounting and Reporting
Different kind of Unit Cost Accounting Methods and Their Effects on Inventory Values and on Profit and Loss Statement
Budgeting
Investment calculations and suggestions

Materials

Will be mentioned in ITSLEARNING System. The execution plan of the course will be open for students in ITSLEARNING system about 1-2 weeks before the first contact teaching day.

The "reference" books in the course are:
"Financial Management for Financial Managers" (Marsh, C., 2012 or newer, Kogan Page)
- ebook at TUAS library
and
”MANAGEMENT AND COST ACCOUNTING” BY COLLIN DRURY (THOMSON, 2005 or newer)

Other materials, which has been put into ITSLEARNING -system.

Teaching methods

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus (2) individual and group (1) home assignments, which reports will be submitted into ITSLEARNING -system and evaluated By the teacher.

The group assignment is an investment decision-making exercise where groups of 3-5 students must do investment calculations and suggestions from the case, that the teacher gives. The case is the same for all groups. These groups are selected randomly during the first contact teaching day.

The teacher will send to students a survey about 2-3 weeks before the first contact teaching day. He wants to know what kind of previous studies, expertise, and experiences students have in the field of management accounting. This is not a pre-assignment, but a survey, which will not be evaluated. It helps teacher to focus the course better for students depending on their professional background.

Students must submit their answers to this survey as a file into ITSLEARNING -system by Monday 9.9.2024. The teacher tries to focus on the content of the contact teaching days based on the results of this survey.

Exam schedules

No exams, but three (3) home assignments .

International connections

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING System and evaluated By the teacher.

The course focus on the financial part of the sustainability.

Completion alternatives

No optional ways to complete the course

Student workload

Multi-Form Pedagogy (InnoPeda): Two (2) contact teaching days plus individual and group home assignments, which reports will be submitted into ITSLEARNING System and evaluated By the teacher.

Home assignments will be described in ITSLEARNING System and introduced during the first contact teaching day.

The scope of the course is 5cr=135 hours of student´s own work=16 hours contact teaching days + 119 hours individual studying/home assignments.

Content scheduling

The Course focuses on topics in the field of Management Accounting and Financial Statements (Profit/Loss Statement + Balance Sheet) and their Key Figures (what they are and what they mean in theory and in practice for a manager).

This course is similar to groups YBINBK24 (MBA in Business Management) and YSMANK24 (MBA in Sales Management). These groups have the same 1 st contact teaching day (mass lecture in a big auditorium), but separate 2 nd contact teaching day in small groups where we do investment calculations.

The two contact days are:

On Friday 13.9.2024, between 9-16 o´clock, in Turku, in room: ???For 70 persons
On Thursday 24.10.2024, between 9-12 o´clock, in Turku, in room: ???
13-16 o´clock, in Turku, in four (4) 5-15 persons group working rooms: ???

Further information

Email:
keijo.varis@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

All assignments will be evaluated by the teacher by using the grading scale Done/Approved or 1-5. The grading is based on the content and correctness of the home assignments. The final grade of the whole course is the mean of the grades of all home assignments done during the course.

Assessment criteria, fail (0)

The student has not completed all the learning tasks or the answers do not correspond to the assignments given in the learning tasks or less than 10% of the answers are correct (grades below 0.5)

Assessment criteria, satisfactory (1-2)

The student has completed all the required learning tasks and the answers correspond to the tasks given in the learning tasks and 11-49% of the answers are correct.

Assessment criteria, good (3-4)

The student has completed all the required learning tasks and the answers correspond to the tasks given in the learning tasks and 50-89% of the answers are correct.

Assessment criteria, excellent (5)

The student has completed all the required learning tasks and the answers correspond to the tasks given in the learning tasks and 90-100% of the answers are correct.