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Financial Administration in Cultural Business (5 cr)

Code: KU00EI37-3003

General information


Enrollment
02.05.2023 - 21.05.2023
Registration for the implementation has ended.
Timing
23.10.2023 - 31.12.2023
Implementation has ended.
Number of ECTS credits allocated
5 cr
Mode of delivery
On-campus
Unit
(2019-2024) School of Cultural Services and Music
Campus
Hämeentie 135 D
Teaching languages
Finnish
Seats
30 - 40
Degree programmes
Cultural Management
Teachers
Heikki Rannikko
Teacher in charge
Leena Björkqvist
Groups
KXB22S1
Kulttuurituotannon tutkinto-ohjelma päivä
Course
KU00EI37

Implementation has 8 reservations. Total duration of reservations is 54 h 0 min.

Time Topic Location
Thu 26.10.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
AR341 Oppimistila Montaasi
Thu 02.11.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
AR303 Oppimistila Stage
Thu 09.11.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
AR303 Oppimistila Stage
Thu 16.11.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
AR303 Oppimistila Stage
Thu 23.11.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
Thu 30.11.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
AR303 Oppimistila Stage
Thu 07.12.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
Thu 14.12.2023 time 09:15 - 16:00
(6 h 45 min)
Kulttuurin liiketoiminnan taloushallinto KU00EI37-3003
AR303 Oppimistila Stage
Changes to reservations may be possible.

Objective

On completion of the course the student can
- understand the basics of financial management
- interpret business indicators and analyze business risks and opportunities
- understand the basics of accounting
- make financial calculations for starting and running a business
- price their products and their own work as an entrepreneur, and assess the risks in entrepreneurship
- manage the fundamentals of payroll
- manage the basics of taxation
- identify the specific features of cultural enterprise finances

Content

- The business economy as a whole
- Basics of accounting
- Profitability and financial calculations of the business plan
- Budgeting
- Basics of taxation
- Types of businesses
- Start-up costs and financing
- Basics of payroll management
- Financial risks in business
- Examples of cultural enterprise finances

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student is able to interpret business indicators. The student understands the financial framework for starting, running and closing a business and is able to price their own work. The student understands the basics of payroll and business taxation.

Assessment criteria, good (3)

The student is good at interpreting the key figures of business. The student understands the financial framework of starting, running and closing a company, is able to price their own work as well as justify the pricing. They are proficient in payroll and business taxation.

Assessment criteria, excellent (5)

The student is able to analyze activities from the perspective of entrepreneurship, profitability and risks. They are able to analyze business start-ups, management and closure from financial perspectives. The student is able to price their own work as well as justify the pricing from many perspectives. They are proficient in payroll and business taxation.

Assessment criteria, approved/failed

The student is able to interpret business indicators. The student understands the financial framework for starting, running and closing a business and is able to price their own work. The student understands the basics of payroll and business taxation.

Qualifications

Approved completion of the course Financial Administration in Event Management (5 cr) or equivalent competence.

Objective

On completion of the course the student can
- understand the basics of financial management
- interpret business indicators and analyze business risks and opportunities
- understand the basics of accounting
- make financial calculations for starting and running a business
- price their products and their own work as an entrepreneur, and assess the risks in entrepreneurship
- manage the fundamentals of payroll
- manage the basics of taxation
- identify the specific features of cultural enterprise finances

Content

- The business economy as a whole
- Basics of accounting
- Profitability and financial calculations of the business plan
- Budgeting
- Basics of taxation
- Types of businesses
- Start-up costs and financing
- Basics of payroll management
- Financial risks in business
- Examples of cultural enterprise finances

Qualifications

Approved completion of the course Financial Administration in Event Management (5 cr) or equivalent competence.

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