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Management of Finance and Economics (5 cr)

Code: MS00CR57-3001

General information


Enrollment

24.11.2023 - 13.02.2024

Timing

26.01.2024 - 26.04.2024

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Teaching languages

  • Finnish

Seats

0 - 35

Degree programmes

  • Master of Business Administration, Arts and Culture Management

Teachers

  • Henni Syrjänen
  • Kirsi Solalinna

Groups

  • YTAIKUS23
  • 15.02.2024 16:00 - 18:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 15.02.2024 16:00 - 18:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 29.02.2024 09:00 - 13:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 29.02.2024 09:00 - 13:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 28.03.2024 09:00 - 13:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 28.03.2024 09:00 - 13:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 04.04.2024 16:00 - 18:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 04.04.2024 16:00 - 18:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 26.04.2024 09:00 - 13:00, Talouden ja rahoituksen hallinta MS00CR57-3001
  • 26.04.2024 09:00 - 13:00, Talouden ja rahoituksen hallinta MS00CR57-3001

Objective

After completing the course, the student will be able to:
• Understand key financial and financing indicators and apply them to monitor finances.
• Compare practices of sponsorship and corporate partnerships and apply them in their own field.
• Explain the principles of domestic and international public and private financiers, compare financing sources applicable to their own field, plan a financial package for their field of operation, and select appropriate sources of funding.
• Evaluate and improve funding applications, as well as utilize and report on received funding

Content

Course Contents:
• Financial planning and administration
• Budgeting and financial planning
• Sponsorship and corporate partnerships
• Domestic and international funding sources
• Characteristics of a successful funding application
• Drafting and improving funding applications
• Utilizing and reporting on funding

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

International connections

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

Completion alternatives

Negotiate with the teachers

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)

Content scheduling

PRE-assignment will be published in Itslearning on 19.1.2024.

15.2.2024 at 16.00-18.00 Sponsoring and Corporate Collaboration (Syrjänen)
29.2.2024 at 9.00-13.00 Financial Administration and Budgeting (Solalinna)
28.3.2024 at 9.00-13.00 Funding Sources and Contracts (Syrjänen & Solalinna)
4.4.2024 at 16.00-18.00 Immaterial Rights (Visiting Teacher)
26.4.2024 at 9.00-13.00 Group Presentations and Discussion (Syrjänen & Solalinna)

Evaluation scale

H-5

Assessment 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