Financial Administration in Cultural Business (5 cr)
Code: KU00EI37-3005
General information
- Enrollment
-
05.05.2025 - 18.05.2025
Registration for implementation has not started yet.
- Timing
-
20.10.2025 - 31.12.2025
The implementation has not yet started.
- Number of ECTS credits allocated
- 5 cr
- Mode of delivery
- On-campus
- Unit
- School of Cultural Services and Music
- Campus
- Hämeentie 135 D
- Teaching languages
- Finnish
- Seats
- 30 - 40
- Degree programmes
- Cultural Management
- Teachers
- Kulttuurituotanto Kulttuuripalvelut
- Teacher in charge
- Leena Björkqvist
- Groups
-
KXB24S1Kulttuurituotannon tutkinto-ohjelma päivä
- Course
- KU00EI37
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.