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Business Financing (5 cr)

Code: 5091162-3010

General information


Enrollment

02.12.2023 - 18.01.2024

Timing

01.01.2024 - 16.05.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages

  • English

Degree programmes

  • Degree Programme in Industrial Management Engineering

Teachers

  • Sami Nummela

Groups

  • PTUTAS22PROD
    Product and production management
  • LIPATMODProductDevelopmentManagement
  • 18.01.2024 12:00 - 16:00, Business Financing 5091162-3010
  • 01.02.2024 12:00 - 15:00, Business Financing 5091162-3010
  • 08.02.2024 12:00 - 16:00, Business Financing 5091162-3010
  • 15.02.2024 12:00 - 16:00, Business Financing 5091162-3010
  • 28.02.2024 12:00 - 16:00, Business Financing 5091162-3010
  • 07.03.2024 09:00 - 12:00, Business Financing 5091162-3010
  • 14.03.2024 09:00 - 12:00, Business Financing 5091162-3010
  • 21.03.2024 08:00 - 12:00, Business Financing 5091162-3010
  • 28.03.2024 08:00 - 12:00, Business Financing 5091162-3010
  • 04.04.2024 08:00 - 12:00, Business Financing 5091162-3010

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

Course plans and resources are in Itslearning study platform.

Course requires independent work and applying financial management theory to practice, for example by literature study plus applying the knowledge in course tasks.

Communication mainly in class room meetings. In addition, messaging related to course tasks is possible in itslearning.

Teaching methods

Course assignments will be described in Itslearning platform and introduced during the course.
Learning tasks and exercises in Itslearning
Small group team work
Individual or group learning
Study journal with self assessment
Peer assessment
Final exam

International connections

nnopeda, which is based on experiments, sharing of information and knowledge as well as combining different view points. Student-centered learning, problem solving, flipped classroom.

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

Content topics by course session (draft/preliminary planning)
1) Course introduction (innopeda, pyramid, learning journal).
Financial Statement analysis: Profitability, liquidity, solvency.
2) Growth company financing cycle. Course tasks related to IFRS, Equity vs Debt Investing (risk vs reward)
3) Small Group Team Work related to Financially stable business operations
4) Small Group Team Work related to alternative sources of financing
5) Small Group Team Work related to analysis of an investment opportunity
6) Presentations related to Financially stable business operations
7) Presentations related to alternative sources of financing
8) Presentations related to analysis of an investment opportunity
9) Final Examination
10) Final Examination 2nd opportunity (for those who wish to retake)
11) Final Examination 3rd opportunity (for those who wish to retake)

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)

Evaluation contains two elements:
1. Exercises: All exercises must be timely done and returned to itslearning: Grade score 1-5.
All the exercises need to be returned!
2. Exam: Grade 1-5
Final course grade is the average of the two elements with scale 1-5.

Assessment criteria, satisfactory (1-2)

Exercises done with grade and exam passed with grade average 1-2

Assessment criteria, good (3-4)

Exercises done with grade and exam passed with grade average 3-4

Assessment criteria, excellent (5)

Exercises done with grade and exam passed with grade average 5