Business Mathematics and Financial Management (6 cr)
Code: 3101163-1001
General information
- Timing
- 07.01.2015 - 30.04.2015
- Implementation has ended.
- Number of ECTS credits allocated
- 6 cr
- Local portion
- 6 cr
- Mode of delivery
- Contact learning
- Unit
- Engineering and Business
- Teaching languages
- Finnish
- Seats
- 10 - 60
- Degree programmes
- Degree Programme in Professional Sales
- Teachers
- Mirva Wessman-Raitio
- Tarja Heikkilä
- Course
- 3101163
Evaluation scale
H-5
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