Management of Finance and Economics (5 cr)

Evaluation scale

H-5

Content scheduling

PRE-assignment will be published in Itslearning on 19.1.2025.

6.2.2025 at 9.00-13.00 Financial Administration and Budgeting (Lehtinen)
20.3.2025 at 9.00-13.00 Sponsoring and Corporate Collaboration (Syrjänen), Immaterial Rights (Visiting Teacher)
3.4.2025 at 9.00-13.00 Funding Sources and Contracts (Syrjänen & Lehtinen)
5.6.2025 at 12.00-16.00 Group Presentations and Discussion (Syrjänen & Lehtinen)

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

Pedagogic approaches and sustainable development

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

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

Assessment criteria, satisfactory (1-2)

Opiskelija osoittaa omaksuneensa kunkin osa-alueen (kts. opintojakson sisältö) perusteet, mutta oppimistehtävät ovat suppeita eikä asioihin ole paneuduttu tehtävänannon edellyttämällä tavalla.

Assessment criteria, good (3-4)

Opiskelija osoittaa hallitsevansa hyvin kunkin osa-alueen (kts. opintojakson sisältö) oppimistehtävien sisällön ja laajuuden perusteella.

Assessment criteria, excellent (5)

Opiskelija osoittaa hallitsevansa erinomaisesti kunkin osa-alueen (kts. opintojakson sisältö) sisällön. Oppimistehtävien palautukset osoittavat syventymistä annettuun lähdemateriaaliin ja tehtäväraportit ovat laadultaan ja laajuudeltaan erinomaisia ja kattavia.