Talouden johtaminen sosiaali- ja terveysalalla (5 cr)
Code: S000DK45-3003
General information
Enrollment
30.11.2020 - 13.12.2020
Timing
05.05.2021 - 26.05.2021
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Kuntoutus ja tutkiminen
Campus
Myllypurontie 1
Teaching languages
- English
Seats
20 - 35
Degree programmes
- Master's Degree Programme in Health Business Management (Sosiaali-, terveys- ja liikunta-ala)
- Master's Degree Programme in Health Business Management (Tekniikan ja liikenteen ala)
- Master's Degree Programme in Health Business Management (Yhteiskuntatieteiden, liiketalouden ja hallinnon ala)
Teachers
- Eija Metsälä
- Marianne Pitkäjärvi
- Suzana Canteiro Vasconcelos Tavares
Teacher in charge
Suzana Canteiro Vasconcelos Tavares
Groups
-
S1120S6Degree Programme in Health Business Management ylempi, sote
-
T1420S6Degree Programme in Health Business Management ylempi, tekniikka
-
L0520S6Degree Programme in Health Business Management ylempi, liiketalous
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
Location and time
Wednesday 05-May-21 9h-11:30h
Wednesday 12-May-219h-11:30h
Wednesday 19-May-21 9h-11:30h
Wednesday 19-May-21 11h30-13:30
Wednesday 26-May-21 9h-11:30h
Materials
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
Teaching methods
Classes will have both a seminar (practical) and a lecture component. 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.
Employer connections
Assignments are linked with professional working life
Exam schedules
n/a
International connections
n/a
Completion alternatives
n/a
Student workload
15 hrs online instruction
120 hrs of independent study
Content scheduling
Financial accounting:
Nature and purpose of the accounting system for a business
Statement for the finanzial position
Income statement
Profitability and risk analysis and interpretation of financial reports
Management accounting:
Costs and pricing decisions for Social and health care market
Web-based planning, budgeting, and budgetary control
Financial management:
Investment appraisal
Financing a business and models of start-up companies
Further information
Responsible lecturer: Suzana Vasconcelos Tavares
Evaluation scale
0-5
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.
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.
Further information
The language of tuition is English.
The course is assessed on the 0 (failed) – 5 (excellent) grading scale.