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Economic and Financial Management (5cr)

Code: MS00BX30-3003

General information


Enrollment
02.12.2022 - 31.12.2022
Registration for the implementation has ended.
Timing
01.01.2023 - 31.07.2023
Implementation has ended.
Number of ECTS credits allocated
5 cr
Local portion
5 cr
Mode of delivery
Contact learning
Teaching languages
Finnish
Seats
0 - 35
Degree programmes
Master of Business Administration, Arts and Culture Management
Teachers
Henni Syrjänen
Maarit Laiho
Kirsi Solalinna
Course
MS00BX30

Unfortunately, no reservations were found for the realization Economic and Financial Management MS00BX30-3003. It's possible that the reservations have not yet been published or that the realization is intended to be completed independently.

Evaluation scale

H-5

Content scheduling

PRE-assignment will be published in Itslearning on 19.1.2023.

9.2.2023 at 9.00-13.00 online
16.2.2023 at 16.00-18.00 online
2.3.2023 at 9.00-13.00 online
30.3.2023 at 9.00-13.00 online
6.4.2023 at 6.00-18.00 online

Zoom link to all online meetings available on 9.2.2023 in Itslearning.

Objective

After competing the course, the student is able to:

define the resources needed in operation and create a realistic budget
compere financial management models and know hot to choose a suitable one
compare earnings logic and plan a suitable one
compare sponsoring and business cooperation practices and apply then to one´s own activiites
explain domestic and international public and private funders´operating principles, compare financing instruments that are suitable to one´s own activities, plan suitable sources of funding
evaluate and develop funding applications and use and report the obtained funds
analyze and plan contracts that are related to one´s own activities and maintain needed contracts

Content

financial planning and managing, budgeting and funding
earnings logic
sponsoring and business cooperation
domestic and international sources of funding
characteristics of a good funding application
creating and developing a funding application
using and reporting funds
contract contents and practices and managing contracts

Materials

Learning material specified by the teachers at the start of the course (available: self-learning).

Teaching methods

pre-assignment, group work, individual assignments, independent learning, working in Zoom and/or Teams

Pedagogic approaches and sustainable development

Constructive approach
Group work
Flipped learning, i.e. problem-based and solution-focused learning

Student workload

Pre-assignment: orientation on the topic (individual task)
Learning assignment 1: budgeting (group task )
Learning assignment 2: funding options (group task)

Online teaching 16 h
Group work 40 h
Independent learning 79 h

Total 135 h (=5 credits)

Evaluation methods and criteria

Successful completion of the course requires the completion of all the learning assignments.
Assessment will be based on Learning assignments 1 and 2.
The course is assessed with a grade of 1-5/fail.
The preliminary assignment will be graded on a scale HYV/HYL.

The assessment will be based on
- the fulfilment of the requirements of the assignment
- comprehensibility and clarity of the answer
- completeness and comprehensiveness of the answer
- justification and credibility of the arguments

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