Financial Management and Accounting of Social and Health Care OrganizationsLaajuus (5 cr)

Objective

The student can integrate financial management and accounting with the company strategy and its implementation.
He/ she can analyze financial statements. The student can create a financial plan for a business, including a budget and investment plan, and knows how to exploit the existing sources of funding.
The student can price products and services professionally for social and health care markets.
The student develops financial management based on cloud services and networks.

Content

Financial planning and budgeting of a social and health care organization
Financial result and profitability
Income statement and balance sheet
Pricing of products and services for social and health care markets
Financial data gathering and utilization for business management

Assessment criteria, satisfactory (1)

Sufficient performance: has completed basic requirements to pass the course and has made a try to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation for individual or team activities / assignments and the output is only satisfactory.

Assessment criteria, good (3)

Good overall performance: can apply and articulate concepts and information well both verbally and in writing, certain areas of individual or team output require further attention; shows appropriate level of interest and motivation in individual and team activities. Good or very good analysis and development phases and presentation.

Assessment criteria, excellent (5)

Excellent performance in all elements of the course: shows interest and motivation in individual and team activities and assignments, fully applies and clearly articulates concepts and information both verbally and in writing. The student is able to support his/her argument with references to the recommended reading and lecture content. Excellent analysis and development phases, excellent presentation.

Further information

The language of tuition is English.
The course is assessed on the 0 (failed) – 5 (excellent) grading scale.