Transport EconomyLaajuus (3 ECTS)

Objective

Students are able to finance the company, especially in accounting, terminology and structure, financial reports and key figures. The student is able, in particular logistics services and transport processes, and financial cost structures, and part of the cost-function calculation, is able to make economic comparisons, able to calculate the profitability of investments and are able to take part in budgeting and cost control

Content

The course includes accounting and financial terms and structures, cost and activity based costings, transport optimization, and cost accounting, unit costs, accounting, investment theory and profitability accounting, budgeting and cost control.

Assessment criteria, satisfactory (1)

1. Student understands the logistics and transport services, financial processes and cost structures.

Assessment criteria, good (3)

1. Student is able and cost-accounting function, is able to make economic comparisons, able to calculate the profitability of investments and is able to take part in budgeting and cost control.

Assessment criteria, excellent (5)

1. Student is able to finance operating and able to apply the elements of financial management in business.