Budgeting - How do I Manage it? (2 ECTS)

Location and time

The course is carried out independently in Moodle within the respective timetable.

Materials

All material available on Moodle. In addition, the following books can be used as supporting literature: Neilimo K. & Uusi-Rauva E.: Johdon laskentatoimi. Edita Publishing tai Jormakka R., Koivusalo K., Lappalainen J., & Niskanen M.: Laskentatoimi. Edita Publishing

Evaluation methods and criteria

The course is assessed on the basis of a returnable learning task. In addition, all assignments must be returned to Moodle and the competency tests must be completed in order to pass the course. The grading scale and further information on assessment can be found in the course Moodle.

Student workload

This course is 2 credits = 54 hours of student work. The course is self-paced and independent.

Failed (0)

A learning task score below the pass mark or some of the exercises and knowledge tests are not returned within the course time limit.

Assessment criteria, satisfactory (1-2)

The marks for a learning task worth a grade of 1 or 2 and all exercises and knowledge tests have been duly returned within the course time limit. For a more detailed breakdown of course assessment, please check Moodle.

Assessment criteria, good (3-4)

The marks for a learning task worth a grade of 3 or 4 and all exercises and knowledge tests have been duly returned within the course time limit. For a more detailed breakdown of course assessment, please check Moodle.

Assessment criteria, excellent (5)

The marks for a learning task worth a grade of 5 and all exercises and knowledge tests have been duly returned within the course time limit. For a more detailed breakdown of course assessment, please check Moodle.

Teaching methods

The aim of the course is for the student to understand the importance of budgeting in managing the activities of an organisation as part of financial planning and the production of information in the form of reports and key figures. Students will be able to process financial information of an organisation for different purposes. Course content: Budgeting as part of financial planning: - Operational planning and finance - Budget systems: sub-budgets and main budgets - types of budget (fixed, revised, rolling, sliding) - challenges and pitfalls of budgeting The coursework consists of lecture notes, exercises, competency-based components and an assessed learning task. The course is in Finnish.

Further information

All instructions for completing the course can be found on Moodle. If you have any problems, please contact the teacher responsible for the course.

Evaluation scale

H-5