Study Guide

Objective

Students are able to define the basic concepts of investment and financial planning. They can list the stages of the planning and realizing of a financial management process. Students can work out calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure also in an international corporation. They know how to interpret the results of financial research. Students know how to realize an investment and financial plan and interpret the results from the point of management view. They can evaluate the significance of comprehensive financial management for firms and other organizations in the domestic and foreign markets.

Content

- Concepts and basic issues in investment and financial planning
- Investment and financial planning as part of comprehensive financial management
- Significance of investment and financial planning for firms and other organizations
- Principles of investment and financial planning: investment decisions, financial structure, financing decisions, valuation
- Principles of investment and financial planning in an international corporation
- Tools for investment and financial planning
- Analyzing an article of financial research (summary)
- Theme interview with an investment and financial planning expert

Qualifications

Financial Management Studies 1 - 4

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student has carried out work and participated as instructed. Students are able to define the basic concepts of investment and financial planning. They can list the stages of the planning and realizing of a financial management process. Students can work out basic calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure also in an international corporation. They can give a summary of financial research. Students know how to realize a simple investment and financial plan. They can evaluate the significance of financial management for firms and other organizations in the domestic and foreign markets.

Assessment criteria, good (3)

Good (3-4): The student has carried out work well and participated actively. Students are able to define the basic concepts of investment and financial planning. They can list the stages of the planning and realizing of a financial management process. Students can work out many-sided calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure also in an international corporation. They know how to interpret the results of financial research. Students know how to realize an investment and financial plan and interpret the results from the point of management view. They can evaluate the significance of comprehensive financial management for firms and other organizations in the domestic and foreign markets.

Assessment criteria, excellent (5)

Excellent (5): The student has carried out work to an excellent standard and participated actively and constructively. Students are able to define the basic concepts of investment and financial planning accurately. They can list the stages of the planning and realizing of a financial management process logically. Students can work out many-sided calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure critically also in an international corporation. They know how to interpret the results of financial research critically. Students know how to realize a comprehensive investment and financial plan and interpret the results from the point of management view. They can evaluate the significance of comprehensive financial management for firms and other organizations in the domestic and foreign markets.

Materials

- Knüpfer, S. ja Puttonen, V. 2009. Moderni rahoitus. WSOYpro. (Modern Finance)

or Niskanen, J. ja Niskanen, M. 2000 or newer. Yritysrahoitus (Corporate Finance)

- Brealey, R.A., Myers, S.C. and Marcus, A.J. 2005 or newer. Fundamentals of Corporate Finance, International Edition.

- Kytönen, E. 2017. Investoiti- ja rahoitushallinto-osaaminen. Opetusmoniste. (Investment and financial management skills. Teaching paper.)

- Websites of financial management software service firms

- financial calculators available for example http://www.dinkytown.net/ and http://www.calkoo.com/

- material provided by the teacher (in Moodle: https://moodle.epedu.fi/)

Further information

Students are also advised to take a course in financial statement analysis and valuation as well as in liquidity management.

As part of the course, the student must attend the financial administration case clinic in the autumn semester.