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Business Financing (5 cr)

Code: 5091162-3007

General information


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.