Financial management of unitsLaajuus (5 ECTS)

Objective

After completing the course, the student understands the supervisory responsibility associated with financial management as part of budget implementation. The student can develop and adjust unit finances.

Content

Budget-based operations
Core concepts and tools of financial management in supervisory work
Cost accounting, procurement and financial adjustment

Assessment criteria, satisfactory (1)

After completing the course, the student
- knows the basics of financial management such as budgeting, cost calculation, investment, cost competition
- understands the supervisory responsibility associated with financial management as part of budget implementation
- understand the process for developing and adjusting unit finances

Assessment criteria, good (3)

After completing the course, the student
- understands the basics of financial management such as budgeting, cost calculation, investment, cost competition
- understands the supervisory responsibility associated with financial management as part of budget implementation
- can develop and adjust unit finances

Assessment criteria, excellent (5)

After completing the course, the student
- understands the basics of financial management such as budgeting, cost calculation, investment, cost competition
- understands the supervisory responsibility associated with financial management as part of budget implementation
- can develop and adjust unit finances in practical level

Further information

Recognition of Prior Learning (RPL)
The student has the possibility to apply for the recognition of prior learning and to receive an approval for accreditation for this study unit if the student has prior studies in economics at University level and/or the student has worked in a managerial position with clear economic responsibility.