•     Financial Management and Accounting of Social and Health Care Organizations S000DK45-3002 16.03.2020-29.05.2020  5 credits  (S1119S6, ...) +-
    Learning outcomes of the course
    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.
    Course contents
    Financial planning and budgeting of a social and health care organization
    Web-based financial planning and management programs
    Financial result and profitability
    Funding sources and models of start-up companies
    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
    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.
    Good
    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.
    Excellent
    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.
    Name of lecturer(s)

    Marianne Pitkäjärvi

    Mode of delivery

    20% Face-to-face, 80% Distance learning

    Recommended or required reading

    Main literature for the course:
    • Accounting and Finance for non-specialists, Atrill & McLaney (2017), 10th Edition,
    Prentice Hall.
    Additional literature:
    • Principles of Corporate Finance - Brealy & Myers, 10th Edition, McGraw Hill
    • Management accounting for business - Colin Drury, 2016
    Business finance: theory and practice - McLaney, E. J., 2011
    Management and cost accounting - Colin Drury, 2015
    Financial accounting and reporting - Barry Elliott, Jamie Elliott, 2015
    Interpreting company reports and accounts - Geoffrey Andrew Holmes, Alan Sugden,
    Paul Gee, 2008

    Planned learning activities and teaching methods

    Classes will have both a seminar (practical) and a lecture component. As established in the
    planning of the course, classes will be 3-hours long (1.5+1.5) composed by lectures (to
    introduce the theories and concepts) and seminars with practical exercises and case studies
    about the Accounting and Financial Management for students to work in groups during
    classes.

    Assessment methods and criteria

    Assessment will be based on a group and an individual assignment. Each assignment is
    worth 50% of the final grade.
    1) Group assignment (3-4 students per group): this assessment requires students to
    produce a report analysing the performance and operations of a Social or Health Care
    Organization that they choose.
    2) Individual assignment: this assessment requires students to produce an individual report
    about one of the topics from Parts 2 or 3. The report should include both a theoretical section
    (with a review of the main concepts and theories) also a practical section (where students can
    discuss and analyse how those concepts and theories can be applied to a Social or Health
    Care Organization of their choice.

    Language of instruction

    English

    Timing

    16.03.2020 - 29.05.2020

    Enrollment date

    02.12.2019 - 15.12.2019

    Group(s)
    • S1119S6
    • L0519S6
    Seats

    20 - 35

    Unit, in charge

    School of Rehabilitation and Examination

    Teacher(s)

    Marianne Pitkäjärvi, HBM YAMK1 Virtuaali

    Further information for students

    Responsible lecturer: Suzana Vasconcelos Tavares

    Degree Programme

    Master's Degree Programme in Health Business Management, Master's Degree Programme in Health Business Management

    Unit location

    Myllypurontie 1

    Virtual proportion

    4 credits

    Evaluation scale

    0-5

    Students use of time and load

    20 contact hours
    115 individual or small group work