Study Guide

Objective

The student can explain the role of strategic management. The student can apply the principles of the cost and financial accounting. She/he can calculate the profitability of investments and be familiar with the funding. The student can identify the business risks and how to manage them. She/he knows the principles of the quality management.

Content

- strategic management
- accounting
- quality management

Materials

Martinsuo, M., Mäkinen, S., Suomala, P. & Lyly-Yrjänäinen, J. 2016. Teollisuustalous kehittyvässä liiketoiminnassa (assigned parts)
Haverila, M. J., Uusi-Rauva, E., Kouri, I. & Miettinen, A. 2009. Teollisuustalous (assigned parts)
Articles
Lecturer's material.

Teaching methods

Lectures, assignments

Student workload

Total work load of the course: 135 h
- of which scheduled studies 15 h
- of which autonomous studies 120 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student can explain the basic principles of strategic management, quality management and accounting. Student can describe these concepts satisfactorily, and are familiar with practical applications.

Assessment criteria, good (3)

The student has the basic command of the theoretical foundations of strategic management, quality management and accounting, and are able to describe them well. The student has the good command of the practical applications.

Assessment criteria, excellent (5)

The student can clearly describe theories of strategic management, quality management and accounting. She/he has the excellent command of practical applications of strategic management, quality management and accounting.

Assessment methods and criteria

Activate participation
Assignments
Exam

Assessment criteria, good (3)

The student knows and understands to a basic concepts and methods of topics, and is able to apply them to some problems.

Assessment criteria, excellent (5)

The student is familiar with the concepts and methods of topics, and is able to apply them to different types of problems. The student is able to combine the accumulated knowledge and skills with previous experiences in the subject.

Assessment criteria, approved/failed

The student is familiar with the concepts and methods of topics, and is able to apply them to a variety of different problems. The student has demonstrated creativity and innovation, and is able to find new meanings when applying what they have learned.

Qualifications

Business and entrepreneurship