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Financial Management and Maritime BusinessLaajuus (5 cr)

Code: MM00AE44

Credits

5 op

Objective

The Student:
- is familiar with fundamental bookkeeping concepts and practices
- understands the key-elements of the financial market including various forms of company/corporate financing alternatives
- is able to use financial information for decision making and leadership,
- is able to evaluate profitability, analyze the operations and plan for results for companies,
understands basics in how financial accounting works in a small global organization.

The student takes responsibility for one's own actions and works according to jointly agreed principles and measures.

Content

- An introduction to the basics of accounting (concepts and practices)
- The financial market and financing
- Different types of financial information
- Using financial data for decision making and management decisions
- Financial accounting globally

Qualifications

No pre-requisites

Assessment criteria, satisfactory (1)

Sufficient (1)
Satisfactory (2)

The student is familiar with important concepts and is able to find and read financial information.

Assessment criteria, good (3)

Good
Very Good

The student is familiar with important concepts and is able to find and read financial information. The student can analyse financial information and apply the information in decision making.

Assessment criteria, excellent (5)

Excellent

The student is familiar with important concepts and is able to find and read financial information. The student can analyse financial information and apply the information in decision making.
The student demonstrates an ability to make decisions well grounded in financial information, and is able to describe different scenarios for the company.

Materials

The lecturer provides the material (journal articles etc.)