Study Guide

Objective

The student:
- understands the link between coaching leadership and self-managing teams
- recognizes the importance of communication and dialogue for coaching leadership
- can utilise techniques and methods for self-leadership and self-reflection
- has insights into creating a positive work culture and leading change
- can use facilitation methods in his/her work to promote participation, creativity and productivity

Content

- tools and methods for coaching and facilitation
- self-managing teams
- communication, dialogue and self-reflection
- change management

Evaluation scale

H-5

Qualifications

Organization and Leadership

Objective

The student
- can write academic text within the chosen subject
- knows te process of writing a theses
- can choose right references and knows how to express oneself correct regarding structure and style
- can refer to literature and quotes
- can improve ones text based on feed back

Content

More information in course plan

Evaluation scale

Approved/Rejected

Assessment criteria, satisfactory (1)

More information in course plan

Assessment criteria, good (3)

More information in course plan

Assessment criteria, excellent (5)

More information in course plan

Assessment criteria, approved/failed

More information in course plan

Qualifications

More information in course plan

Further information

More information in course plan

Objective

Students
-understand in what way different IT solutions support the auxiliary books
-can use different information technology systems when doing accounting
-understand the auxiliary books and their connection to the general ledger
-know ERP-systems
- are acquainted with databases
-can analyze data from ERP systems and visually present this using BI programs

Content

-ERP
-databases
-ERP integrations
-auxiliary books and general ledger in an ERP-system
-other IT-solutions in accounting
-analysis of data and visual presentation using BI applications

Location and time

Period 1 & 2

Materials

Material on Moodle

Teaching methods

Lectures, exercises and assignments

Completion alternatives

Assessment is based on exercises and assignments.

Student workload

Hours in class: 60 h
Own work: 75 h

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students understand in what way different IT solutions support the auxiliary books, I.e., accounts receivable and accounts payable works and connect to general ledger.
Students have basic knowledge of how different IT solutions support the different parts of the accounting reports, i.e. auxiliary books for example accounts receivable and accounts payable.
Students can perform simple analysis with BI applications
Students can retrieve and utilize information from accounting information systems (AIS) and understand the significance of the correctness and reliability of the AIS reports and information.
Basic understanding of the auxiliary books I.e., accounts receivable and accounts payable and understand their connection to the general ledger.
Basic knowledge of ERP-systems

Assessment criteria, good (3)

Students understands well in what way different IT solutions support the auxiliary books I.e., accounts receivable and accounts payable works and connect to general ledger and understand the theories on which the assignments are based.
Students can modify and apply the information from accounting information systems (AIS) and assess the correctness of the AIS reports.
Students can perform analysis with BI applications
Students have a good understanding of the auxiliary books, I.e., account receivable and accounts payable and understand their connection to the general ledger.
Basic knowledge and understanding of ERP-systems

Assessment criteria, excellent (5)

The student can utilize theories, concepts and methods consistently in various situations.
Students can modify the information of accounting information systems (AIS) reports for various purposes and target groups and assess the correctness and reliability of the AIS reports.
Students can perform more advanced analysis with BI applications
The student has an excellent understanding of the auxiliary books, I.e., account receivable and accounts payable and their connection to the general ledger.
Excellent knowledge and understanding of ERP-systems.

Assessment methods and criteria

The assessment is based on the assignments

Assessment criteria, fail (0)

Fail: The criteria for grade 1-2 are not met.

Assessment criteria, satisfactory (1-2)

Understands in what way different IT solutions support the auxiliary books
Retrieve and utilize information from accounting information systems (AIS) and understand the significance of the correctness and reliability of the AIS reports and information
Basic understanding of the auxiliary books and their connection to the general ledger
Basic knowledge of ERP-systems

Assessment criteria, good (3-4)

Understands well in what way different IT solutions support the auxiliary books and understand the theories on which the assignments are based
Can modify and apply the information from accounting information systems (AIS)
and assess the correctness of the AIS reports
Good understanding of the auxiliary books and their connection to the general ledger
Basic knowledge and understanding of ERP-systems

Assessment criteria, excellent (5)

The student is able to utilize theories, concepts and methods consistently in various situations
Can modify the information of accounting information systems (AIS) reports for various purposes and target groups
and assess the correctness and reliability of the AIS reports
Excellent understanding of the auxiliary books and their connection to the general ledger
Excellent knowledge and understanding of ERP-systems

Qualifications

Accounting and taxation 15 ects

Objective

Student
-understands how to valuate the inventory and knows how to notice them in the balance sheet.
-knows how to valuate fixed assets and the principles of depreciation
-is familiar to replacement reserves and revaluation funds
-can deal with VAT issues for both Finland and business abroad and is able to do the VAT reports

Content

-Central principles of good accounting practice
-Valuation and recognition of current assets
-Depreciations
-Replacement reserves
-Revaluations
-Different forms of funding
-VAT issues

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students know the most central accounting principles and can explain the meaning of the concept of good accounting practice.

Students understand how the inventory/current assets are valued in the balance sheet and know different ways to recognized them as income. Students know the valuation of fixed assets and understand depreciations according to plan.

Students are familiar with special issues regarding VAT system for business transactions within Finland and outside the country's borders.

Assessment criteria, good (3)

Student knows general accounting principles and understands how these affects daily work.

Students can value the Inventory/current assets in the financial statement and know different principles for revenue recognition. Students can value fixed assets and can accrue these depreciations according to plan. Students are also aware of the possibilities for depreciation in addition to plan, i.e., in taxation.

Students can handle issues regarding VAT in business transactions within Finland and abroad from an accounting perspective as well as being able to submit the reports required by the authorities.

Assessment criteria, excellent (5)

Student knows general accounting principles and understands how these affects daily work. Student can interpret the standards from the Accounting Standards Board.

Students can independently value the Inventory/current assets in the financial statements and can apply different principles for revenue recognition. Students can value fixed assets can independently accrue these depreciations according to plan. Students can also take advantage of the opportunities for depreciation in addition to plan. Concepts such as replacement provision and revaluation funds are familiar to them.

Students can independently handle issues regarding VAT in business transactions within Finland and abroad from an accounting perspective as well as being able to submit the reports required by the authorities.

Qualifications

Basics of Financial Accounting
Financial Accounting in different Forms of Companies and Organizations

Objective

The student:
- is familiar with and understands basic principles and theories in auditing
- is familiar with the meaning of generally accepted auditing standards, independent audit and audit risk
- understands the importance of internal control in the planning and execution of an auditing assignment
- is familiar with the different phases of an auditing process
- can perform reviews and audits as well as report the results

Content

- national legislation regarding operational reviews and audits
- instructions issued by the accounting associations
- IAS (International Auditing Standards)
- planning and conducting an audit assignment in practice
- auditor's report

Evaluation scale

H-5

Qualifications

- From Accounting to Financial Statements

Location and time

Online course via Teams.

Teaching methods

Online classes with written, oral and reading exercises during the class.

Evaluation scale

H-5

Assessment methods and criteria

60% of the points in the final exam.

Objective

Students
-are familiar with the ordinary EU legislative procedure
-understand the binding impact of EU treaties on member states.
-are familiar with the constituents of secondary law

Content

-decision process within the EU
-EU-treaties
-secondary legislation

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students are familiar with the ordinary EU legislative procedure
Students understand the binding impact of EU treaties on member states.
Students are familiar with the constituents of secondary law and can explain some important parts.

Assessment criteria, good (3)

Students can explain the ordinary legislative procedure in the EU, and also explain the background to the laws from an economic, social and environmental perspective.
Students understand the binding impact of EU treaties on member states and can account for the most central treaties
Students know the elements of secondary law and can explain them. Students can describe the purpose of secondary law to achieve the objectives of the EU treaties.

Assessment criteria, excellent (5)

Students can report on the ordinary legislative procedure in the EU, and also explain the background to the laws from an economic, social and environmental perspective as well as the consequences the laws have on the EU population. Students can use EUR-lex as a search tool.
Students can explain the importance of the EU treaties to the member states and also explain the impact of the most central treaties on national legislation.
Students can explain the constituents of secondary law and explain the purpose of the legal acts in order to achieve the objectives of the EU treaties. Students can explain the status of secondary law in relation to national law.

Qualifications

Commercial and Company Law

Objective

The student:
- is aware of the statutory requirements for accounting and financial statements
- knows how to post basic financial transactions
- knows basic accounting reports and can use them
- knows the structure of financial statements

Content

- basic concepts in financial accounting
- basic accruals; inventory change, depreciation
- using an accounting system
- handling of VAT in accounting
- journal, ledger, income statement, balance sheet

Evaluation scale

H-5

Qualifications

None

Objective

The student:
- is familiar with the basic terms and concepts in marketing
- understands the importance of and can apply a customer-oriented approach
- has basic knowledge of and can analyse the consumer’s buying behaviour
- can draw up a simple marketing plan as well as realize it by means of competitive tools in marketing

Content

- basics in marketing
- consumer buying behaviour
- customer-oriented approach
- marketing plan

Evaluation scale

H-5

Qualifications

none

Objective

Student
- understands how the national economy affects business activities
- understands national economic concepts
- understands the structure of the national economy
- has an understanding of theories in national economy

Content

- concepts of national economy
- theories of national economy

Evaluation scale

H-5

Qualifications

none

Objective

Student
- understands how the national economy affects business activities
- understands national economic concepts
- understands the structure of the national economy
- has an understanding of theories in national economy

Content

- concepts of national economy
- theories of national economy

Evaluation scale

H-5

Qualifications

none

Objective

The student:
- understands what a brand and branding is
- knows how to use theoretical models and processes for brand building
- knows how to develop a brand based on metrics and analysis
- manages the basics of brand communication
- can consider sustainability in brand building
- is familiar with IPR issues related to branding

Content

- branding theory: models, processes, communication
- brand book
- brand development project
- global branding trends

Evaluation scale

H-5

Qualifications

Basics of Marketing

Objective

The student:
- understands the meaning of the concept of entrepreneurship
- understands the importance of entrepreneurial spirit and sees it as a
driving force in business economics
- is familiar with the establishment process for companies and associations in Finland
- can draw up a business idea and a business plan
- can use tools for business and activity development
- can familiarize him/herself with the risks associated with entrepreneurship
- can connect sustainability to business development

Content

- business concept and business plan
- entrepreneurship as a profession
- founding companies
- financing and administration in a company
- support services in business establishment
- choosing a company type
- risks and opportunities
- tools for business development

Evaluation scale

Approved/Rejected

Qualifications

none

Objective

The student:
- masters branch specific communication situations
- can participate in and work with the organisational communication, and understands the importance of communication in relation to an organisation’s success
- is able to write and present key documents in professional English, is aware of style differences and can use different styles in communication
- can identify the main points in various articles, texts and news related to his/her own professional field

Content

- documents related to working life
- branch specific communication in working life

Location and time

Autumn 2024
Lectures are either on campus or online (information on Moodle).

Materials

-according to the lecturer (information on Moodle)

Teaching methods

Lectures, oral exercises, team work, work in pairs, presentations, individual tasks and written assignments.
1 ECTS joint with another course.

Exam schedules

More information on Moodle.

Completion alternatives

-oral presentation
-written assignments
-written exam

Student workload

3 x 27 h = 81 hours

Further information

Active participation is required.

Evaluation scale

H-5

Assessment methods and criteria

Grades 0-5 and in some exercises pass/fail.
According to the Common European Framework of Reference for languages (CEFR).

Qualifications

Business English 1

Objective

The student:
- masters branch specific communication situations
- can participate in and work with the organisational communication, and understands the importance of communication in relation to an organisation’s success
- is able to write and present key documents in professional English, is aware of style differences and can use different styles in communication
- can identify the main points in various articles, texts and news related to his/her own professional field

Content

- documents related to working life
- branch specific communication in working life

Location and time

Autumn 2024
Lectures are either on campus or online (information on Moodle).

Materials

-according to the lecturer (information on Moodle)

Teaching methods

Lectures, oral exercises, team work, work in pairs, presentations, individual tasks and written assignments.
1 ECTS joint with another course.

Exam schedules

More information on Moodle.

Completion alternatives

-oral presentation
-written assignments
-written exam

Student workload

3 x 27 h = 81 hours

Further information

Active participation is required.

Evaluation scale

H-5

Assessment methods and criteria

Grades 0-5 and in some exercises pass/fail.
According to the Common European Framework of Reference for languages (CEFR).

Qualifications

Business English 1

Objective

The student:
- masters branch specific communication situations
- can participate in and work with the organisational communication, and understands the importance of communication in relation to an organisation’s success
- is able to write and present key documents in professional English, is aware of style differences and can use different styles in communication
- can identify the main points in various articles, texts and news related to his/her own professional field

Content

- documents related to working life
- branch specific communication in working life

Location and time

The course will take place from October 17 - December 5, 2024

Materials

Text material and assignments are part of the course.

Teaching methods

Lessons are based on communication, adaption of text material, individual work, pair work, group work, reports, and presentations.

Employer connections

N/A

Exam schedules

Written and oral assignments will be completed during the course.

International connections

N/A

Completion alternatives

Students will be handing in assignments during the course. There will also be oral assignments in the form of presentations.

Student workload

The course comprises a total 81 hours, 10 hours of which will be contact lessons. The students are expected to work 71 hours outside the classroom.

Content scheduling

Different themes will be dealt with during the course.

Evaluation scale

H-5

Assessment methods and criteria

The course will be evaluated on a scale from 1-5

Assessment criteria, fail (0)

The student has failed to meet the deadline for the written assignments and/or has not been present for the oral assignments.

Assessment criteria, satisfactory (1-2)

The student can express himself in a simple but coherent way and write reports in a simple but often unstructured way. There are spelling mistakes and weaknesses in basic structures of a written text. The student manages to present orally but the presentation may be difficult for foreigners to understand. Limited ability to express oneself fluently in speech, the student pauses to find suitable expressions or uses words in his native language. Has problems in finding synonyms and a suitable style.

Assessment criteria, good (3-4)

Grade 3
The student can write coherent, analytical and structured texts including his own opinions and arguments and can draw conclusions of information from different sources. Breach of style, spelling mistakes and other small mistakes exist but the student has a good command of the basic structures and can use difficult structures correctly. Oral presentations are of a routine nature but structured.
Grade 4
The student writes almost flawless English and expresses himself fluently and professionally in both speech and writing. The student writes well-structured, analytical texts with well-grounded conclusions about more demanding topics and manages to pinpoint the most important in a text and provide examples. The student can express himself orally within a wide variety of topics spontaneously and rarely needs to look for the right expression. A versatile vocabulary.

Assessment criteria, excellent (5)

Grade 5
The language is idiomatic and flawless. The student can write scientific texts in a well-structured, interesting and correct way. Manages to vary the style and use of language depending on the target group. Can in speech use professional, balanced and idiomatic language, make corrections without the audience being disturbed by it and has a good command of insinuations and multi-faceted expressions. Oral speeches are interesting, creative and well structured.

Qualifications

Business English 1

Objective

The student:
- can present his/her education, working experience as well as know-how both in speech and in writing
- masters terminology connected to the studies and working life within his/her professional field
- understands and can make use of texts related to the studies, working life and professional field

Content

- studies and working life
- working life and professional field
- job search
- oral and written communication
- correct language use and linguistic correctness

Evaluation scale

H-5

Assessment criteria, approved/failed

The assessment of Finnish language skills follows the Common European Framework of Reference for Languages (CEFR). Level B1.1 and B1.2 indicate satisfactory knowledge (grades 1–3), while level B2 or higher indicates good knowledge (grades 4–5).

The assessment criteria for Finnish language skills are the same across all universities in Finland.

Qualifications

B1 in CEFR

Objective

The student:
- is able to write and discuss about topics related to his/her own occupational field
- masters the key vocabulary connected to his/her own field of work
- masters branch specific communication situations
- manages to write and present central documents in professional Finnish, is aware of style differences and can use different styles in communication
- can identify the main points in various articles, texts and news related to his/her own professional field
- demonstrates such skills in the Finnish language that are in accordance with the law (424/2003) for personnel in public bodies. This means that the student must show satisfactory (grade 1, 2 or 3) or good (grade 4 or 5) skills in speaking and writing Finnish. Written and oral skills are assessed separately

Content

- texts and terminology within the student’s field
- business and corporate communication
- oral and written communication skills in working life
- oral and written examination
- linguistic correctness and correct usage of language

Evaluation scale

H-5

Assessment criteria, approved/failed

The student must demonstrate Finnish language skills that, according to the law (424/2003), are required of public employees. The student should show satisfactory (grades 1, 2, or 3) or good (grades 4 or 5) ability to use Finnish in both spoken and written form.

The assessment of Finnish language skills follows the Common European Framework of Reference for Languages (CEFR). Level B1.1 and B1.2 indicate satisfactory skills (grades 1–3), while level B2 or higher indicates good skills (grades 4–5).

The assessment criteria for Finnish language skills are the same across all universities in Finland.

Qualifications

Business Finnish 1

Objective

The student:
- can solve problems involving percentage change, indices, inflation, deflation and currency calculation
- can perform interest and VAT calculations and pricing calculations
- knows the common basic concepts of statistics and probability and master simple calculations.
- is familiar with the basics of discrete and continuous distributions and their practical use.

Content

- percentage calculation
- index calculations, purchasing power, inflation and deflation
- VAT calculations and pricing calculations
- currency calculations
- simple and compound interest calculations
- investment and optimisation calculations
- probability theory
- distributions
- estimation and hypothesis testing

Evaluation scale

H-5

Qualifications

none

Objective

The student:
- can communicate both in speech and in writing by using structured and effective language
- knows the process of scientific writing and can use reference systems
- is able to search for information and write a report in accordance with the standards
- is aware of how AI tools can be used as support and aids in the production of texts and content

Content

- reader-friendly writing by considering correct language use and linguistic correctness
- clear writing
- oral communication and oral presentations
- Novia’s requirements for scientific writing

Location and time

Autumn 2024

Materials

Study material at Moodle
Svenska skrivregler (2018)
Myndigheternas skrivregler (2014)

Teaching methods

Lecture and Individual assignments. Group assignments.

Exam schedules

Rehearsal hearings are held via Moodle.

Unfinished assignments are received until 1.5.2025.

Student workload

81 h work for the student of which about 36 h in class.

Evaluation scale

H-5

Assessment methods and criteria

The course is evaluated on the basis of assignments performed, presentations of assignments and the recurrence hearing. All information shall be made for approved performance and the recurrence hearings shall be approved.

All submissions should be completed and approved before 1.5.2025 Late submissions may negatively impact grades

Assessment criteria, fail (0)

The student does not meet the criteria for the grade 1.

Assessment criteria, satisfactory (1-2)

Oral competence: Justifiable presentation skills characterized by partly stylistically inappropriate language, unstructured content and lack of commitment.
Written competence: Defensible written ability that shows uncertainty regarding writing rules and to express oneself in writing.
Information retrieval and reference systems: Ability to find sources of a task but the sources are superficial and elementary. Trying to use a reference system and succeed to some extent.
Reporting: Ability to set up a report showing some of the rules for the standard layout. The language is poor and there are errors, but the text of the report is understandable.
Business letter: Know the process of a written business negotiation in broad strokes and the terminology used in the field. Inadequate documentation.

Assessment criteria, good (3-4)

Oral competence: Good presentation skills characterized by structured content, appropriate language and positive attitude.
Written competence: Good writing skills that show that the writer has mastered writing rules and has a sense of style.
Information retrieval and reference systems: Good ability to gather reliable sources of a task. Good ability to use a reference system in a working manner.
Reporting: Good ability to set up a transparent report in accordance with the standard layout rules. The language is understandable and functional.
Business letter: Good ability to draw up documents related to a written business negotiation, know the process and use the associated terminology.

Assessment criteria, excellent (5)

Oral competence: Commendable presentation skills that are characterized by thoughtful and well-structured content, clear and versatile language and positive attitude to the subject and situation. A knowledgeable impression is given.
Written competence: Commendable writing skills that show that the writer uses a versatile, stylish and flawless written language.
Information retrieval and reference systems: A commendable ability to critically search for reliable and credible sources of a task. Commendable ability to use one or more reference systems and know the uses.
Reporting; Commendable ability to set up a well-structured and visually appealing report. The report text is well written, adapted to the subject and error-free.
Business letters: Commendable ability to make clear and clear documents related to a written business negotiation, uses and is familiar with related terminology.

Qualifications

none

Objective

The student:
- deepens his/her contacts with the business community
- gains practical experience from tasks connected to the chosen education
- applies acquired theoretical knowledge
- understands the importance of choosing an internship that supports the personal career plan
- is aware of his/her responsibilities regarding sustainable development in the workplace

Content

- information retrieval and preparation
- company contacts, applying for internships
- work as an intern
- reporting

Evaluation scale

H-5

Qualifications

- general business work placement
- min. 50 ects

Objective

The student:
- knows and can use basic legal terminology, especially in the area of commercial law and company law
- can make a conscious choice between company forms, taking legal and business aspects into account
- has knowledge about the structure of decision-making and responsibility issues in different types of companies
- understands the central aspects in various contractual relations

Content

- basic terminology in commercial law
- contract law
- law of obligations
- debt collection act
- sale of goods act
- consumer contract law
- company law

Evaluation scale

H-5

Qualifications

- none

Objective

Students
-can perform a company analysis and evaluate the results
-understands the relationship between profitability, liquidity and financing
-can report key figures in sustainability
-forecasting

Content

-the company's financial reports
-key figures analysis and control models
-financial analysis
-cash flow analysis
-key figures for sustainability
-forecasting

Location and time

HT24

schedule in Peppi

Materials

* Carlson, Mikael (2014): Att arbeta med företagsanalys: analysmetoder för att upptäcka varningssignaler och styra mot uppställda mål

* Instructions and other material connected to Bissim (posted by the course teacher)

* Other material referred to by the teacher

Teaching methods

Lectures, exercises, business simulations and assignments

Employer connections

Collaboration with Ashton University (GBR) on Bissim

Exam schedules

Announced at the beginning of the course

Completion alternatives

Examination and assignments

Student workload

5 cr = 135h

Hours in class: 60 h
Own work: 75 h

Content scheduling

-company financial reports
-key ratio analysis and profitability frameworks
-financing analysis
-cash flow analysis

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students can read financial reports and based on them, interpret the company's financial position.
Students can perform adjustments to the financial statements and can evaluate a company with the use of key performance indicators.
Students can make simpler adjustments to financial statements and calculate simpler key performance indicators. On top of that they can analyze the results of the adjustments.
Students understands the cash flow in a company.

Assessment criteria, good (3)

Students understands financial reports and can make conclusions about the company´s financial position.
Students can perform adjustments to the financial statements and can evaluate a company from different point of views with the use of key performance indicators.
Students can explain and perform cash flow analysis.

Assessment criteria, excellent (5)

Students understands financial reports and can independently make conclusions about the company´s financial status.
Students can independently perform adjustments to the financial statements and can evaluate a company from different point of views with the use of well-motivated key performance indicators.
Students can explain and perform cash flow analysis and can make well-motivated decisions from these calculations.

Assessment methods and criteria

The assessment is based on the exam and the assignments

Assessment criteria, fail (0)

The criteria's for grade 1-2 are not met.

Assessment criteria, satisfactory (1-2)

Students can read year-end reports and, based on them, interpret the company's financial position.
Students can make simpler adjustments to financial statements and a simpler key figure analysis and interpret this.
Students understand the company's capital use and sources of capital.

Assessment criteria, good (3-4)

Students understand the content of the financial statements well and can interpret the information that the financial statements provide from many points of view.
Students can make the necessary year-end adjustments prior to a key figure analysis, as well as analyze the company from many perspectives with relevant key figures.
Students can explain and compile simpler cash flow and financing analyzes.

Assessment criteria, excellent (5)

Students can independently interpret a financial statement and can draw reasoned conclusions regarding the company's financial position based on this.
Students can independently perform the year-end adjustments required prior to the year-end analysis and, based on relevant, well-chosen key figures, analyze the company's liquidity, equity ratio and profitability. Students understand the economic relationships and can use different governance models in their analysis of the company.
Students can prepare cash flow and financing analyzes for the company and interpret and explain the meaning of these.

Qualifications

Financial Accounting and Taxation 15 ects

Objective

The student
- Understands company internationalization from theoretical and practical perspectives
- Knows internationalization strategies and -methods
- Knows how to conduct different analyses in a company’s internationalization process

Content

- Reasons for companies to internationalize
- Opportunities and barriers in internationalization
- Business and market entry strategies in internationalization
- Choice of markets and use of analyses (macro and micro business environment)

Location and time

Autumn semester 2024. Lectures according to schedule. Vaasa Campus.

Materials

- Griffin, Ricky W. & Pustay, Michael W. (2020). International Business: A Managerial Perspective. 9th edition (or older). Harlow : Pearson Education.
- Articles and other material provided by the teacher.

Teaching methods

The objective of the course is that the student understands company internationalization from theoretical and practical perspectives, barriers and supportive factors for internationalization, internationalization strategies, location choices and modes of entry. The teaching methods to meet the objective are lectures, guest lectures, group and individual assignments and an exam.

Student workload

Total workload of the course: 135 h
-Of which scheduled studies 40 h
-Of which autonomous studies: 95 h

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students understand the concept of internationalization and has the ability to work independent and in a group.
Students have the ability to retrieve information from various sources and understand the importance of the accuracy and reliability of the information.
Students can act ethically and communicate professionally.
Students are aware of issues related to sustainability and responsible action in the company's internationalization.

Assessment criteria, good (3)

Students understand the concept of internationalization and can adapt it in reality.
Students can search information, work successfully independently and in a group.
Students have the ability to assess the accuracy and reliability of the information.
Students can report on their own learning process.
Students can act ethically and communicate professionally.
Students can reason about issues of sustainability and responsible action in the company's internationalization.

Assessment criteria, excellent (5)

Students understand deeply the concept of internationalization and its parameters and can adapt it innovatively in reality.
Students have the ability to do an extensive information search, work successfully independently and in a group.
Students have the ability to analytically assess the accuracy and reliability of the information.
Students can deeply reflect on their own learning process.
Students take the initiative, act ethically and communicate professionally in different situations.
Students can discuss and use the understanding of issues of sustainability and responsible action in the company's internationalization.

Assessment criteria, approved/failed

The criteria for grade 1-2 are not met.

Assessment methods and criteria

Grading system (numerical 1-5):
- 5: The student understands deeply the concept of internationalization and its parameters and can utilize it innovatively in case examples. The student can work fluently in a group and reflect insightfully on the own learning process. Active participation in lectures.
- 3-4: The student understands the concept of internationalization and can adapt it into case examples. The student can work successfully in a group and report the own learning process. Participation in lectures.
- 1-2: The student understands the concept of internationalization and has the ability to work in a group. Passive participation in lectures.
- 0: Fail in examination and no participation and submissions in assignments.

Assessment criteria, fail (0)

Fail in examination and no participation and submissions in assignments.

Assessment criteria, satisfactory (1-2)

The student understands the concept of internationalization and has the ability to work in a group. Passive participation in lectures.

Assessment criteria, good (3-4)

The student understands the concept of internationalization and can adapt it into case examples. The student can work successfully in a group and report the own learning process. Participation in lectures.

Assessment criteria, excellent (5)

The student understands deeply the concept of internationalization and its parameters and can utilize it innovatively in case examples. The student can work fluently in a group and reflect insightfully on the own learning process. Active participation in lectures.

Qualifications

Techniques of Foreign Trade
Cultural Knowledge and Different Market Areas

Objective

The student:
- can describe the company's corporate social responsibility and knows how it can be measured
- is familiar with and is able to argue for ethical and environmental aspects from a business perspective
- can analyze markets, customer behavior and production from a quality perspective
- is familiar with different quality systems and their importance from a management perspective

Content

- corporate responsibility
- sustainable development
- quality management
- quality systems

Location and time

Spring 2025

Materials

B. Bergman, B. Klefsjö. Quality – from Customer Needs to Customer Satisfaction. Studentlitteratur.
T. Borglund, H. De Geer, S. Sweet. CSR and Sustainable Business. Sanoma Utbildning.

Teaching methods

- lectures
- exercises
- presentations
- individual studies

Exam schedules

Will be announced at the start of the course

Completion alternatives

Pass in exercises, presentations, and examination

Student workload

108 working hours

Evaluation scale

H-5

Assessment methods and criteria

- Analytical and logical competence
- Intrapreneur and extrapreneur competence
- Expertise competence
- International competence
- Interaction and networking skills
- Quality, market and success
- Quality in development and production
- Quality management and quality systems

Knowledge in and understanding of:
- International and national directives for CSR
- Ethical aspects of corporate responsibility
- Different types of stakeholders
- Social responsibility
- Environmental responsibility
- Financial responsibility and connection to CSR in corporate strategy
- Business benefits of CSR and sustainability
- Companies as drivers for social change
- CSR reporting

Assessment criteria, fail (0)

- is not aware of systems that help companies better understand their social responsibility
- lacks an understanding of how social responsibility is linked to profitability and success
- lacks an understanding of the individual's responsibility to contribute to sustainable development
- lacks an understanding that companies' operations have international dimensions
- lacks an understanding of the various aspects of a company's social responsibility: economic, environmental, social and ethical
- lacks an understanding of the importance of product quality and customer focus, as well as the link between quality and profitability
- lacks an understanding of the importance of quality issues in product development, production and process control
- lacks an understanding of the importance of quality-focused leadership and the use of quality systems
-l acks an understanding of CSR as a whole described above as a whole

Assessment criteria, satisfactory (1-2)

- is familiar with various follow-up systems that help companies increase awareness of their social responsibility
- understands how social responsibility is linked to the profitability and success
- understands the individual's responsibility to contribute to sustainable development
- understands that the company's business has international dimensions
- understands the different aspects of a company's social responsibility: economic, environmental, social and ethical
- understands the importance of product quality, customer focus, and the connection between quality and profitability
- understands the quality issues’ role in product development, production and process control
- understands the importance of quality focused leadership and the use of quality systems

Assessment criteria, good (3-4)

- can name and describe different measuring systems for corporate responsibility
- understands corporate social role of being successful both in the market of production factors and market performance
- understands business opportunities and constraints in the pursuit of sustainable development
- can describe how companies affect and are affected by the decisions of the social and environmental dimensions in a global economy
- can describe the connection between the company and its stakeholders
- can analyze markets and customer behavior from a quality perspective
- can analyze product development, design and production, from a quality perspective
- can describe the importance and use of quality management in different organizations

Assessment criteria, excellent (5)

- can motivate the choice and use of different gauges for corporate responsibility
- can objectively formulate and argue their position on liability
- can discuss the complex relationship between individuals, communities and business
- can argue their position on ethical and environmental issues
- can argue in matters concerning the management of stakeholder relationships
- can apply quality related methods and tools in analyzes of and decisions about products and markets
- is able to consider and apply different quality dimensions in product development and production planning
- can apply quality aspects and quality systems to leadership issues and decisions

Qualifications

- None

Objective

The student:
- can describe the company's corporate social responsibility and knows how it can be measured
- is familiar with and is able to argue for ethical and environmental aspects from a business perspective
- can analyze markets, customer behavior and production from a quality perspective
- is familiar with different quality systems and their importance from a management perspective

Content

- corporate responsibility
- sustainable development
- quality management
- quality systems

Evaluation scale

H-5

Qualifications

- None

Objective

Students
-understand the impact of business culture and organization culture on multicultural business relations
-are able to take in foreign cultures
-are familiar with business in certain market areas
-are aware of the international trade organizations and their impact on world trade

Content

-The importance of business culture and organizational culture for multicultural business relationships
-Foreign cultures
-Trade in some selected market areas
-Trade policy organizations and their impact on world trade

Materials

Browaeys, M., & Price, R. 2021 or the latest version. Understanding cross-cultural management (2nd ed.). Harlow: Financial Times/Prentice Hall.

Teaching methods

This course aims to provide the students with knowledge and understanding of cross cultural impact on international businesses, with a specific focus on cross cultural communication, negotiation and teamwork. Students are able to display and apply understanding of cultural differences when interacting with different nationalities as well as understand the challenges and opportunities of doing business in various cultures.

Employer connections

Excursion( company visits)

Completion alternatives

Evaluation
Collaboration with different organisations regarding DEI Project

Student workload

Total work load of the course: 135 h. Scheduled studies 65h and autonomous studies: 70 h

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Knowledge about trade in some market
Have an overall picture of how different cultures and areas can be grouped based on cultural dimensions
Understand how trade organizations influence global trade
Students have the ability to retrieve information from various sources and understand the importance of the accuracy and reliability of the information.
Students can act ethically and communicate professionally.
Students are aware of issues related to sustainability and responsible action in business relationships.

Assessment criteria, good (3)

Good knowledge of different market areas
Have a good understanding of how different cultures and areas can be grouped based on cultural dimensions
Have a good understanding of how trade organizations influence world trade and have knowledge about some trade organizations
Students have the ability to assess the accuracy and reliability of the information.
Students can act ethically and communicate professionally.
Students can discuss about issues of sustainability and responsible action in business relationships.

Assessment criteria, excellent (5)

In-depth knowledge of different market areas
Have an in-depth understanding of how different cultures and areas can be grouped based on cultural dimensions and ability to apply this knowledge
Have an in-depth understanding of how trade organizations influence world trade
Students have an excellent insight into the connection between theory and practice.
Students take the initiative, act ethically and communicate professionally in different situations.
Students can discusst and use the understanding of issues of sustainability and responsible action in business relationships.

Assessment methods and criteria

0 Fail in the examination and fail in the teamwork cross cultural project
1-2 The student expresses openness to engage in experiences to broaden understanding of one’s own culture and the culture of others. The student begins to identify own assumptions, judgments and/or biases about self and others. The student demonstrates some understanding of social, relationships, or other dynamics important to one’s own culture and members of other cultures.
3-4 The student seeks opportunities and knowledge to answer questions to broaden understanding of one’s own culture and the culture of others. The student articulates the influence of one’s own assumptions, judgments and/or biases during interactions with one’s own culture and the culture of others. The student articulates understanding of social, relationship, or other dynamics important to one’s own culture and members of other cultures.
5 The student consistently seeks, examines, compares, and contrasts one’s culture and the culture of others. The student integrates experiences that broaden understanding of one’s own culture and the culture of others. The student demonstrates ability to assess the impact of assumptions, judgments, and/or biases related to one’s own and other cultures. The student consistently demonstrates ability to assess the impact of incorporating multiple and diverse perspectives when working with one’s own and other cultures.

Assessment criteria, fail (0)

0 Fail in the examination and fail in the teamwork cross cultural project

Assessment criteria, satisfactory (1-2)

1-2 The student expresses openness to engage in experiences to broaden understanding of one’s own culture and the culture of others. The student begins to identify own assumptions, judgments and/or biases about self and others. The student demonstrates some understanding of social, relationships, or other dynamics important to one’s own culture and members of other cultures.

Assessment criteria, good (3-4)

3-4 The student seeks opportunities and knowledge to answer questions to broaden understanding of one’s own culture and the culture of others. The student articulates the influence of one’s own assumptions, judgments and/or biases during interactions with one’s own culture and the culture of others. The student articulates understanding of social, relationship, or other dynamics important to one’s own culture and members of other cultures.

Assessment criteria, excellent (5)

5 The student consistently seeks, examines, compares, and contrasts one’s culture and the culture of others. The student integrates experiences that broaden understanding of one’s own culture and the culture of others. The student demonstrates ability to assess the impact of assumptions, judgments, and/or biases related to one’s own and other cultures. The student consistently demonstrates ability to assess the impact of incorporating multiple and diverse perspectives when working with one’s own and other cultures.

Qualifications

Business Skills

Objective

The Student:
- knows how to apply models and processes for developing customer relationships and a customer-centred value proposition
- can analyse and develop customer profitability
- can utilise the sales process, channels and information systems such as CRM systems
- understands lead generation and how to convert them into repeat customers
- knows the basics of loyalty management and building a loyalty programme
- realizes the meaning of risk analysis in the customer management process

Content

- the sales process and tools for B2B and B2C marketing, such as the customer journey and personas
- strategic customer management and relationship marketing
- use of software
- lead generation, loyalty management and key customers
- risk analysis

Evaluation scale

H-5

Qualifications

Basics of Marketing

Objective

The student:
- understands the dynamics between data, analytics and automation
- is familiar with the principles of marketing automation and a software program
- is familiar with the principles of business intelligence and the use of software
- masters website analytics and can use a software application
- knows the principles of big data, databases and their use

Content

- AI
- marketing automation
- business intelligence
- Google Analytics
- big data, databases

Evaluation scale

H-5

Qualifications

Digital Marketing

Objective

The student
- knows how a relational database system is built
- can build and normalize a relational database
- can use SQL (Structured Query Language)
- can execute data storage with a relational database within a back-end web application

Content

- Database systems: database, database handlers, user interfaces
- GDPR
- Relation model
- Entity-relationship modelling and database normalizing
- SQL (Structured Query Language)
- Applying a relational database in a web application back-end

Evaluation scale

H-5

Qualifications

IT-tools
Basics in Programming

Location and time

This course is an online course and students can sign up non-stop during the academic year.

Materials

The course material and literature are part of the course and will be presented on the Moodle platform.

Teaching methods

Course objectives:
- Grasp the fundamental concepts of global competence and its importance in today’s world.
- Recognize key dimensions of culture and develop central intercultural communication skills.
- Develop a global mindset by exploring some cultural and global perspectives.

Employer connections

N/A

Exam schedules

The course comprises of different modules that will have assignments that the student is expected to completel

International connections

International students will participate in the course,

Completion alternatives

N/A

Student workload

The course is 3 ECTS and the students are expected to work approximately 81 hours, reading material and writing assignments

Content scheduling

Module 1: Introduction to Global Competence
Understanding Global Competence
Module 2: Cultural Awareness and Intercultural Communication
Basics of the Different Layers of Culture and Intercultural Communication
Module 3: Developing Empathy, Adaptability, and Openness
Empathy and Openness Towards Diverse Cultures
Module 4: Developing a Global Mindset
Global Perspectives
Module 5: Reflection and Assessment
Course Review and Personal Development

Further information

N/A

Evaluation scale

H-5

Assessment methods and criteria

The course will be graded pass or failed.

Assessment criteria, fail (0)

A student will be failed if he/she fails to submit all the assignments or they are of poor quality.

Objective

The student:
- recognizes the purpose of different social media and digital platforms
- can implement a marketing plan
- can create digital content based on a content plan
- knows the basics of how to measure and analyse the impact of marketing in digital channels

Content

- theoretical aspect of digital marketing strategy and plan
- basics of SEO and Analytics
- content marketing
- digital marketing project

Evaluation scale

H-5

Qualifications

Basics of Marketing

Objective

The student:
- can create a digital marketing strategy and plan
- can produce digital content
- has basic knowledge in how to measure and anlyze the effect of marketing in digital channels

Content

- theoretical aspects on digital marketing strategy and plan
- basics in SEO and Analytics
- content marketing
- project in digital marketing
- basics of digital event management and marketing

Evaluation scale

H-5

Qualifications

Basics of Marketing

Objective

The student:
- creates a general understanding of e-commerce as an industry
- understands the importance and complexity of creating seamless shopping experiences
- recognizes the importance of marketing in e-commerce networks and partnerships
- can analyse and optimise an online store's buying process

Content

- background, current themes and dynamics
- system integrations, AI and sustainability aspects in focus
- buying process
- metrics, steps and formulas

Evaluation scale

H-5

Qualifications

Digital Marketing

Objective

Student
-knows the different business forms and can explain them from an accounting point of view
-can take care of the financial accounting for private traders, partnerships, limited liability companies, non-profit organizations and other business structures.
-can carry out transactions regarding a certain corporate form, e.g. share issues, dividends, liquidation
-knows the procedure when changing the business structure
-knows the difference between accounting in private and public sector
-knows the importance of accounting for sustainability and corporate social responsibility

Content

-accruals
-issues of equity, dividends, funds
-period end closing in different company forms and organizations
-financial management in public sector
-IT solutions for book-keeping in different company forms
-Human Resource-accounting, social accounting and environmental accounting

Location and time

Spring 2025, Online

Materials

Tomperi, Soile: Bokföring i praktiken nyaste versionen, chapter 8 + training book
Bokslutsmodell för aktiebolag, CGR-föreningen, 2016, Chapter 1 (not 1.4), 2 and 5.
Part of Kommunekonomin - Nyckeln till ekonomisk planering.
Kommunförbundets senaste version

Teaching methods

Lectures
Exercises
Assignments
Online Guest speaker

Employer connections

Guest lectures

Exam schedules

As agreed with the students at the beginning of the course.
or/and official re-examination dates 2025 on Campus.

Completion alternatives

Two exams 60%
Exercises & Assignments (40%)

Student workload

135 h = 5 sp
30-40 h online education with lectures, exercises and exams
30-40 h preparations
30 h assignments
35 h preparations for exams

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students can distinguish between different types of company forms and understand similarities and differences in accounting and financial statements between them.
Students understand the meaning of accruals and can prepare simpler financial statements for smaller companies in Finland.
Students are familiar with the procedure of changing company form.
Students are familiar about HR accounting, social accounting and environmental accounting.

Assessment criteria, good (3)

Students can handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations and other business forms. They should also be familiar with the characteristics that characterize public financial management.
Students can perform simpler accruals and the financial planning for different company forms with the application of current Finnish legislation.
Students can describe the procedure for changing company form both from an administrative and business perspective.
Students can describe what HR accounting, social accounting and environmental accounting is about.

Assessment criteria, excellent (5)

Students can independently handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations and other business forms. They should also be very familiar with the characteristics that characterize public financial management.
Students can independently perform accruals and the financial planning for different company forms with the application of current Finnish legislation.
Students can carry out a change of company form and argue for when the various company forms are suitable from an administrative and business perspective.
Students can implement parts from HR accounting, social accounting and environmental accounting in the financial reports of a company / organization.

Assessment methods and criteria

Assessment is based on exam and assignments.

Assessment criteria, fail (0)

The criteria for grade 1-2 are not met.

Assessment criteria, satisfactory (1-2)

Students can distinguish between different types of company forms and understand similarities and differences in accounting and financial statements between them.
Students understand the meaning of accruals and can prepare simpler financial statements for smaller companies in Finland.
Students are familiar with the procedure of changing company form.

Assessment criteria, good (3-4)

Students can handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations, and other business forms. They should also be familiar with the characteristics that characterize public financial management.
Students can perform simpler accruals and the financial planning for different company forms with the application of current Finnish legislation.
Students can describe the procedure for changing company form both from an administrative and business perspective.

Assessment criteria, excellent (5)

Students can independently handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations, and other business forms. They should also be very familiar with the characteristics that characterize public financial management.
Students can independently perform accruals and the financial planning for different company forms with the application of current Finnish legislation.
Students can carry out a change of company form and argue for when the various company forms are suitable from an administrative and business perspective.

Qualifications

Basics of Financial Accounting

Objective

Student
-knows the different business forms and can explain them from an accounting point of view
-can take care of the financial accounting for private traders, partnerships, limited liability companies, non-profit organizations and other business structures.
-can carry out transactions regarding a certain corporate form, e.g. share issues, dividends, liquidation
-knows the procedure when changing the business structure
-knows the difference between accounting in private and public sector
-knows the importance of accounting for sustainability and corporate social responsibility

Content

-accruals
-issues of equity, dividends, funds
-period end closing in different company forms and organizations
-financial management in public sector
-IT solutions for book-keeping in different company forms
-Human Resource-accounting, social accounting and environmental accounting

Location and time

Autumn 2024, Vasa

Materials

Tomperi, Soile: Bokföring i praktiken nyaste versionen, chapter 8 + training book
Bokslutsmodell för aktiebolag, CGR-föreningen, 2016, Chapter 1 (not 1.4), 2 and 5.
Part of Kommunekonomin - Nyckeln till ekonomisk planering. Kommunförbundets senaste version 2021

Teaching methods

Lectures
Exercises
Guest lecture

Employer connections

Guest lectures

Exam schedules

Official re-examination dates 23/24.

Exam 1:
Fri 22.11.2024 at 12-13.30
Fri 13.12.2024 at 12-13.30

Exam 2:
Fri 17.1.2025 at 12-13.30
Fri 7.2.2025 at 12-13.30

Completion alternatives

Two exams (30%+30% = 60%)
Exercises & Assignments (40%)

Student workload

60 h education with lectures, exercises and exams
10 h preparations for contact hours
30 h assignments
35 h preparations for exams

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students can distinguish between different types of company forms and understand similarities and differences in accounting and financial statements between them.
Students understand the meaning of accruals and can prepare simpler financial statements for smaller companies in Finland.
Students are familiar with the procedure of changing company form.
Students are familiar about HR accounting, social accounting and environmental accounting.

Assessment criteria, good (3)

Students can handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations and other business forms. They should also be familiar with the characteristics that characterize public financial management.
Students can perform simpler accruals and the financial planning for different company forms with the application of current Finnish legislation.
Students can describe the procedure for changing company form both from an administrative and business perspective.
Students can describe what HR accounting, social accounting and environmental accounting is about.

Assessment criteria, excellent (5)

Students can independently handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations and other business forms. They should also be very familiar with the characteristics that characterize public financial management.
Students can independently perform accruals and the financial planning for different company forms with the application of current Finnish legislation.
Students can carry out a change of company form and argue for when the various company forms are suitable from an administrative and business perspective.
Students can implement parts from HR accounting, social accounting and environmental accounting in the financial reports of a company / organization.

Assessment methods and criteria

Assessment is based on exam and assignments.

Assessment criteria, fail (0)

The criteria for grade 1-2 are not met.

Assessment criteria, satisfactory (1-2)

Students can distinguish between different types of company forms and understand similarities and differences in accounting and financial statements between them.

Students understand the meaning of accruals and can prepare simpler financial statements for smaller companies in Finland.

Students are familiar with the procedure of changing company form.

Assessment criteria, good (3-4)

Students can handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations, and other business forms. They should also be familiar with the characteristics that characterize public financial management.

Students can perform simpler accruals and the financial planning for different company forms with the application of current Finnish legislation.

Students can describe the procedure for changing company form both from an administrative and business perspective.

Assessment criteria, excellent (5)

Students can independently handle accounting and prepare financial statements for sole proprietors, partnerships, limited liability companies, cooperatives, non-profit organizations, and other business forms. They should also be very familiar with the characteristics that characterize public financial management.

Students can independently perform accruals and the financial planning for different company forms with the application of current Finnish legislation.

Students can carry out a change of company form and argue for when the various company forms are suitable from an administrative and business perspective.

Qualifications

Basics of Financial Accounting

Objective

The student:
- is familiar with the principles of a business valuation
- key figures in a financial statement analysis
- can perform appropriate key figure analyses and use the key figures

Content

- adjusted income statement
- annual report
- cash flow statement
- key figures

Evaluation scale

H-5

Qualifications

From Accounting to Financial Statements

Objective

The student knows the fundamental tasks of a treasury function in a company with international activities.

Content

The Student:
- understands the key elements of financial markets including various forms of financing.
- knows how to raise capital for a company.
- knows the principles of investments in financial instruments.

Location and time

Henriksgatan 7, Åbo, Finland

Materials

Brealey & Myers. Principles of Corporate Finance.

Materials and internetlinks handed out during the course.

The issues dealt with in the course are naturally also to be found in many other sources.

Teaching methods

Introduction, Themes, Working in teams, Assignments gone through during the sessions, Home work, Literature studies

Exam schedules

To be communicated during course kick-off.

International connections

The course is carried out in an international atmosphere where participants come from the B.Sc program, exchange students and double-degree.

Content scheduling

The Student:
- understands the main tasks of corporate treasury functions, risk management, cash management, reporting, financial items
- knows how investment decision are made
- knows the basics the relation between risk and return and of portfolio theory
- knows the tasks within a treasury team; back, middle, and front office functions
- knows how to plan the cashflow on long and short term and calculate the need of funding
- can identify risks related to cash and how to avoid or minimize the risks
- can measure the extent and impact of financial risks
- knows the most important derivatives
- knows the principles of reporting financial items to the P&L

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Group report handed in and presented, and the KLN handed in. Both at an approvable level of quality. Student's activity at an accetable level.

Assessment criteria, good (3)

Good work input overall: Group report handed in and presented. KLN handed in. Both of high quality. Good activity in the class, eg at the discussions and presentations.

Assessment criteria, excellent (5)

Exceptional quality overall: the written Reports, presentations, student activity.

Assessment methods and criteria

Peer-to-peer combined with grading from the examinator

Assessment criteria, fail (0)

A Report / Reports not handed in or an unacceptable level of quality (including missed DLs) of the reports and/or presentations.

Assessment criteria, satisfactory (1-2)

Group report handed in and presented, and the KLN handed in. Both at an approvable level of quality. Student's activity at an accetable level.

Assessment criteria, good (3-4)

Good work input overall: Group report handed in and presented. KLN handed in. Both of high quality. Good activity in the class, eg at the discussions and presentations.

Assessment criteria, excellent (5)

Exceptional quality overall: the written Reports, presentations, student activity.

Qualifications

Basic knowledge of financing and accounting

Objective

The Student:
- understands the key elements of financial markets
- knows how to raise capital for a company
- knows the principles of investments in financial instruments
- know sustainable financing alternatives

Content

- equity
- financial planning
- financial risks
- international financial risks
- valuation of a company
- financing alternatives
- sustainable values in the financial market

Location and time

Henriksgatan 7, Åbo, Finland Spring 2024

Materials

Brealey & Myers. Principles of Corporate Finance.

Materials and internet links handed out during the course.

The issues dealt with in the course are naturally also to be found in many other sources.

Teaching methods

Introduction, Themes, Working in teams, Assignments gone through during the sessions, Home work, Literature studies

Exam schedules

To be communicated during course kick-off.

International connections

The course is carried out in an international atmosphere where participants come from the B.Sc program, exchange students and double-degree.

Content scheduling

The Student:
- understands the main tasks of corporate treasury functions, risk management, cash management, reporting, financial items
- knows how investment decision are made
- knows the basics the relation between risk and return and of portfolio theory
- knows the tasks within a treasury team; back, middle, and front office functions
- knows how to plan the cashflow on long and short term and calculate the need of funding
- can identify risks related to cash and how to avoid or minimize the risks
- can measure the extent and impact of financial risks
- knows the most important derivatives
- knows the principles of reporting financial items to the P&L

Evaluation scale

H-5

Assessment methods and criteria

Peer-to-peer combined with grading from the examinator

Assessment criteria, fail (0)

A Report / Reports not handed in or an unacceptable level of quality (including missed DLs) of the reports and/or presentations.

Assessment criteria, satisfactory (1-2)

Group report handed in and presented, and the KLN handed in. Both at an approvable level of quality. Student's activity at an accetable level.

Assessment criteria, good (3-4)

Good work input overall: Group report handed in and presented. KLN handed in. Both of high quality. Good activity in the class, eg at the discussions and presentations.

Assessment criteria, excellent (5)

Exceptional quality overall: the written Reports, presentations, student activity.

Qualifications

- None

Objective

The Student:
- is familiar with the area of financing and securities market as well as the central financing instruments
- can calculate investment and financing calculations and use relevant assessment methods
- knows risk management and its importance in financing decisions
- knows sustainable financing alternatives

Content

- financing and- securities market
- various financing instruments
- sustainable investments
- investment- and financing calculations
- methods of evaluation
- risk management

Location and time

Spring 2025
Online

Evaluation scale

H-5

Qualifications

Basics of Financial Accounting
Management Accounting and Budgeting

Objective

The student:
- can refer to laws, regulations and other sources through the whole accounting process
- masters practical accounting
- knows how to use an accounting software
- understands the significance of the accruals for the results of the period
- can draw up and present financial statements

Content

- using an accounting system in practice
- capital assets and depreciations
- accounting and valuation of inventories in financial statements
- accrual calculations
- use of cost centres
- drawing up a financial statement for a small company
- presentation of the financial statement

Evaluation scale

H-5

Qualifications

Basics of Financial Accounting

Objective

The student
- gets acquainted with and opens business life contacts
- considers personal career planning when choosing internships
- is aware of his/her responsibility with respect to sustainable development in the workplace

Content

- information retrieval and preparation
- contact with companies, searching for internships
- working as an intern
- reporting

Evaluation scale

H-5

Qualifications

None

Objective

The student:
- learns how to communicate in German within the profession
- has knowledge of the demography, geography and business life in Germany
- can communicate in German in daily situations

Location and time

Online

Materials

Course book: Ausblicke 1 (Nilsson, Raab, Braun) ISBN 978-91-523-1834-8. Sanoma Utbildning 2016.
Students need to acquire the book before the course start

Student workload

Student workload: a total of 81 hours, whereof 32 hours of contact teaching in class and 45 hours of individual work.

Evaluation scale

H-5

Assessment methods and criteria

continuous assessment: students are being assessed throughout the course (participation in the online activities, individual assignments)
-final exam

Assessment criteria, fail (0)

Lack of attendance, incompleted assignments, failed final exam.

Assessment criteria, satisfactory (1-2)

The student understands common words and simple phrases in plain, simple language
at a slow pace and in short, simple texts about everyday and familiarity
substances. The student shows his/her understanding by
explaining the content in a very simple form and by acting with acceptable results
based on messages and instructions in the content.
In oral and written presentations of various kinds
the student expresses himsef/herself simply and understandably with single words and phrases. In order to
clarify and vary their communication, the student processes, and does
occasional simple improvements to own representations.
The student comments in a very simple form some phenomena in different
contexts and areas where the language is used, and does
simple comparisons with their own experiences and knowledge.

Assessment criteria, good (3-4)

The student understands common words and simple phrases in everyday language
at a slow pace and in short texts about everyday life. The student shows his/her understanding by
explaining the content and by acting with acceptable results
based on messages and instructions in the content.
In oral and written presentations of various kinds
the student is more fluent with words and phrases. In order to
clarify and vary their communication, the student processes, and does
occasional simple improvements to own representations.
The student comments in relatively simple form some phenomena in different
contexts and areas where the language is used, and does further
comparisons with own experiences and knowledge.

Assessment criteria, excellent (5)

The student understands common words and phrases in clearly spoken everyday language
at a normal pace and in longer texts about everyday life. The student shows his/her understanding by:
explaining the content using fluent language and by acting with desirable results
based on messages and instructions in the content.
In oral and written presentations of various kinds
the student expresses himself/herself very clearly with varying and more complicated words and phrases. In order to
clarify and vary their communication, the student reflects further and does
improvements, if necessary, own representations.
The student comments clearly on a variety of phenomena in a variety of ways,
contexts and areas where the language is used, and does
comparisons with own experiences and knowledge.

Objective

The student:
- knows how personnel management is connected to an organization’s activities, goals and strategies
- is able to describe the recruitment process, staff’s competence development and compensation
- understands the connection between a staff’s well-being and the organization's success
- understands how the organization can pursue a sustainable personnel policy as well as the importance of being an attractive employer

Content

- HRM theories
- recruitment tools
- employee well-being
- competence development
- equality issues within personnel administration

Location and time

Online spring 2025.

Materials

To be announced at course start.

Teaching methods

- lectures
- excercises
- presentations
- individual studies

Exam schedules

To be informed at course start.

Student workload

135 working hours.

Further information

Contents:

- Definition and role of HRM
- Historical development of HRM
- The importance of HRM for organizational success
- Personnel planning and recruitment
- Recruitment strategies and methods
- The recruitment process and selection methods
- Diversity management during recruitment
- Training and development of employees
- Competence development
- Performance management and goal setting
- Feedback and assessment of performance
- Reward system and incentives
- Employment conditions
- Benefits and allowances.
- Communication within the organization
- Management of conflicts and negotiations
- Employee relations and team building
- Global HRM and multicultural aspects
- Ethical dilemmas in HRM
- Use of technology for HRM processes.
- Work with flexible schedules and remote work

Evaluation scale

H-5

Assessment methods and criteria

Grading 1-5. For a pass, excercises, presentations and examination need to be passed.

Qualifications

- None

Objective

The student:
- knows how personnel management is connected to an organization’s activities, goals and strategies
- is able to describe the recruitment process, staff’s competence development and compensation
- understands the connection between a staff’s well-being and the organization's success
- understands how the organization can pursue a sustainable personnel policy as well as the importance of being an attractive employer

Content

- HRM theories
- recruitment tools
- employee well-being
- competence development
- equality issues within personnel administration

Evaluation scale

H-5

Qualifications

- None

Objective

The student:
- is familiar with the ICT services at Novia
- has an understanding of data and information security
- can use word processing programs
- knows the basics of a calculation software
- can use software to visualize oral presentations

Content

- Novia’s ICT-services and network
- data and information security
- word processing software
- calculation software
- presentation software

Evaluation scale

Approved/Rejected

Qualifications

none

Objective

The student:
- is familiar with income taxation in relation to various forms of companies and can apply the knowledge in practice
- is familiar with the special areas of the Value Added Tax Act and can apply the knowledge in practice

Content

- income tax regulations connected to the various forms of companies
- VAT legislation (property investment, reverse sales tax, EU trade, import and export)
- property investments
- reverse sales tax
- EU trade
- Import and export

Evaluation scale

H-5

Qualifications

- Basics of Financial Accounting

Objective

The student:
- can plan processes in an accounting system which support the organisation's activities and internal control
- understands how the various functions in an accounting system forms an integrated context

Content

- various functions of an accounting system and their integration
- development and documentation of processes
- the importance of internal control in an ERP system
- AI and robotics in accounting

Evaluation scale

H-5

Qualifications

- Introduction to ERP

Location and time

The hackathon begins at 11 am on October 3rd and ends by 4 pm October 4th. The hackathon requires physical presence in Turku.

Materials

Some prereading will be provided by the assigner.

Teaching methods

A 2-day hackathon in blended groups with students from the business as well as the health and welfare program, both local and exchange students. The assignment is related to diversity, equity and inclusion work in companies and how it can be further enhanced through leadership. The students will use different collaborative methods during the days and in the end pitch their solutions to a jury.

Employer connections

The assignment is provided by an external party, deidei.co.

Exam schedules

In addition to the event, the students are required to write a reflection paper afterwards of appr. 3-4 pages, describing their learnings from the event.

International connections

The hackathon involves collaboration with students from different countries. The jurors also represent different nationalities.

Student workload

The total work amount equals 1 ECTS, i.e. approximately 27 hours.

Evaluation scale

H-5

Assessment methods and criteria

The student will be graded 0-5 based on handed-in material (both group work and individual reflection).

Assessment criteria, fail (0)

Not present during hackathon.
No reflection handed in.

Assessment criteria, satisfactory (1-2)

Passive participation during event and low quality of reflection.

Assessment criteria, good (3-4)

Active participation during event, good quality of reflection with some references to theory in the field, in addition to own insights.

Assessment criteria, excellent (5)

Very active participation during event, high contribution to the result. High quality of reflection with several references to theory in the field, in addition to own insights.

Objective

Develop the basic knowledge of the language: increase vocabulary; read texts about everyday situations and work on oral skills.

Content

5-6 chapters in course literature, dialogue practice, other verbal exercises. Written exercises, homework. 2-3 essays.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

In order to pass the course, 75% attendance with active participation and completed assignments is required.

Assessment criteria, good (3)

In order to pass the course, 75% attendance with active participation and completed assignments is required.

Assessment criteria, excellent (5)

In order to pass the course, 75% attendance with active participation and completed assignments is required.

Qualifications

Suitable prerequisites are considered course 1 (completed), or 2-3 years of first or second cycle language studies, e.g. year 7-9 or secondary school.

Objective

Develop the basic knowledge of the language: increase vocabulary; read texts about everyday situations and work on oral skills.

Content

5-6 chapters in course literature, dialogue practice, other verbal exercises. Written exercises, homework. 2-3 essays.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

In order to pass the course, 75% attendance with active participation and completed assignments is required.

Assessment criteria, good (3)

In order to pass the course, 75% attendance with active participation and completed assignments is required.

Assessment criteria, excellent (5)

In order to pass the course, 75% attendance with active participation and completed assignments is required.

Qualifications

Suitable prerequisites are considered course 1 (completed), or 2-3 years of first or second cycle language studies, e.g. year 7-9 or secondary school.

Objective

Students are familiar with contract law from an international perspective

Content

-contractual commitments in international business and risk management
-drafting and content of international commercial contracts such as sales contract, agency and distribution agreements, franchising and licensing contracts.
- dispute settlement and choice of law questions in international contract law.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students knows the general rules of International Contract Law
Students are familiar with different types of agreements in international situations

Assessment criteria, good (3)

Students can explain the basics of international contract law and know how to resolve contractual disputes under international trade agreements
Students can explain different agreements, such as purchase contracts, employment contracts, transport agreements that may occur in international trade situations.

Assessment criteria, excellent (5)

Students master international contract law and are aware of how contractual disputes can be resolved under international trade agreements. Students can explain the laws governing international agreements
Students master different contracts, such as purchase contracts, employment contracts, transport agreements that may occur in international trade situations

Qualifications

Commercial and Company Law

Objective

Student:
-knows the international money market
-knows various international payment methods and financing arrangements
-has an understanding of financial risks in international trade and can handle these
-knows sources of funding both nationally and internationally
-knows credits and guarantees in national and international financing.

Content

-international money market
-international payment methods and financing arrangements
-financial risks linked to international trade
-sources of funding
-national funding, EU funding and other international funding
-credits and guarantees

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

The student is familiar with financial management decision, financial systems and risks in operation of business in a global market.
The student is familiar with sources of funding and guarantees in both national- and international financing.
The student has ability to retrieve information from various sources and understands the significance of the correctness and reliability of the information.
The student can act ethically and communicate professionally

Assessment criteria, good (3)

The student can utilize theories, concepts of financial management decision, financial systems and risks in operation of business in a global market as well as sources of funding, guarantees in both national and international financing.
The student can use the theories in doing assignments in international financing.
The student recognizes the need for development in the field through an excellent insight into the connection between theory and practice.
The student has ability to assess the correctness and reliability of the information.
The student can act ethically and communicate professionally.
The student can discuss issues of sustainability and responsible action in international financing.

Assessment criteria, excellent (5)

The student can consistently use, report and discuss the theories, concepts of financial management decision, financial systems and risks in operation of business in a global market as well as sources of funding, guarantees in both national and international financing. In assignments. The student can apply the learnt issues in practice.
The student recognizes the development needs in the field by providing excellent insights into connection between theory and practice.
The student takes initiative, acts ethically and communicate professionally in different situations.
The student can discuss and use the understanding of issues of sustainability and responsible action in international funding.

Qualifications

International Business Activities 15 ects

Location and time

Week 40 and 41 pre-assignements
Week 43 Working week in Split
Week 45 Deadline for individual tasks

Materials

Drivhusets material and literature: Loopa
Teambuilding literature and practices

Teaching methods

Blended Intensive Program
Pre-tasks online
On-site working week
Indivual post report, Key Learning Note

Employer connections

Tasks in authentic environment and context: contacts to target groups, clients and other stakeholders

International connections

4 partner universities

Evaluation scale

H-5

Objective

Students
- know the national and international transport options
- understand the importance of transport costs to the profitability of the business
- are able to compare the costs of different transport modes
- know different distribution models and distributions
- are aware of the basics of transport law

In addition, the student should be able to:
-evaluate their own work and that of
-critically study and give feedback to report works
-crictically evaluate different technical methods
-account for and discuss opinions
-argument and reason around technical questions

Content

Transport and Economy
Transportation Costs
Land Freight
Sea Freight
Air Freight
Port Activites
E-business Logistics
Global Trade and Transport

Student workload

Content of the Study Period (Course)

Transport and economy
Transport costs
Land freight systems
Sea freight
Air freight
Ports
E-commerce
Global trade and transport

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Knows many of the core concepts of the area
Knows the connection between transport, costs and profit
On request, can analyze an existing transport route, from a cost and time perspective.
Knows the importance of the transports for companies and the countries' import / export.
Can participate in a discussion about international logistics.

Assessment criteria, good (3)

Can understand texts that deal with the current theme
Understands how transport links the world's economies and shape the geography.
Can independently analyze and develop a premade plan
Can specify what problems a particular transport route may encounter based on its geography.
Can hold a presentation on international logistics

Assessment criteria, excellent (5)

Can take part in versatile literature on international logistics
Can propose the most optimal methods for transporting goods internationally, from a cost and time perspective.
Can evaluate and propose improvements for a plan
Can argue for and against different strategies and models for international transport
Can describe and explain international logistics and its role and influence to third parties

Assessment criteria, fail (0)

Not taken part in online and in person lectures
Not submitted individual and group assignments

Assessment criteria, satisfactory (1-2)

Knows the relationship between transport, costs, and profit.
Can, when prompted, analyze an existing transport route in terms of cost and time.
Understands the importance of transportation for companies and countries' import/export.
Can participate in a discussion on international logistics.

Assessment criteria, good (3-4)

Can understand texts dealing with the current topic.
Understands how transport connects the world’s economies and shapes geography.
Can independently analyze and develop a given plan.
Can specify potential problems a specific transport route may encounter based on its geography.
Can deliver a presentation on international logistics.

Assessment criteria, excellent (5)

Can engage with topics on international logistics.
Can suggest the most optimal methods for transporting goods internationally, both cost-wise and time-wise.
Can evaluate and propose improvements for a plan.
Can argue for and against different strategies and models for international transport.
Can describe and explain international logistics and its role and impact to outsiders.

Qualifications

Logistics and ERP

Objective

- Can analyze, plan and implement marketing for international markets
- Know the marketing mix in international markets
- Understand cultural differences in international marketing

Content

- Marketing planning for international markets
- Marketing mix in international markets
- Cultural differences in international marketing

Location and time

Spring semester 2025.

Materials

Ghauri, P. N. & Cateora, P. (2021). International Marketing (5th Ed.). McGraw-Hill Education (or previous edition).

Teaching methods

The student is able to implement and analyze marketing planning for international markets. The student will understand international marketing as a strategic process and learn how to do analyses to support international marketing. The student will be able to identify and decide upon a relevant strategy and marketing mix of products and services in an international setting.

Employer connections

International perspective is inherent and all encompassing in this course. International companies are used as cases. Final project includes designing an international marketing plan for a chosen company.

Student workload

Total work load of the course: 135 h
-Of which scheduled studies 40 h
-Of which autonomous studies: 95 h

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students have a general picture of the market planning in international markets.
Students have a basic understanding of the marketing mix in international markets.
Students have a comprehensive picture of how cultural differences affect international marketing.
Students have the ability to retrieve information from various sources and understand the importance of the accuracy and reliability of the information.
Students are aware of issues related to sustainability and responsible action in international marketing.

Assessment criteria, good (3)

Students can conduct market planning for international markets.
Students have a good understanding of the marketing mix in international markets.
Students have a good understanding of cultural differences in international marketing.
Students have the ability to assess the accuracy and reliability of the information.
Students can discuss issues of sustainability and responsible action in international marketing.

Assessment criteria, excellent (5)

Students can analyze and implement market planning for international markets.
Students have an in-depth understanding of the marketing mix in international markets.
Students have an in-depth understanding of cultural differences in international marketing.
Students take the initiative, act ethically and professionally in different learning situations.
Students can discuss and use the understanding of issues of sustainability and responsible action in international marketing.

Assessment criteria, approved/failed

The criteria for grade 1-2 are not met.

Assessment criteria, satisfactory (1-2)

The student utilizes and discusses the essential theories, concepts and methods. In assignments, the student is able to retrieve and utilize information from various sources and understands the significance of the reliability. In interactive tasks and situations, the student acts and communicates in various groups.

Assessment criteria, good (3-4)

The student utilizes and discusses the consistently the theories, methods and concepts of international marketing management in written and oral communication. In assignments, the student retrieves information from publications in the field, applies acquired information and assesses the correctness of information. In interactive tasks and situations, the student acts and communicates professionally.

Assessment criteria, excellent (5)

The student can utilize, write and communicate about the theories, concepts and methods of international marketing management. In assignments, the student retrieves information systematically from scientific publications, modifies the information for various purposes and assesses the reliability of the information. Student clearly recognizes the development needs in the field by providing analytical insights and justified solutions by applying the principles of sustainable development. The student acts ethically and professionally, as well as communicates fluently and consistently.

Qualifications

Techniques of Foreign Trade
Cultural Knowledge and Different Market Areas
Company Internationalization

Objective

The Student:
- understands the context of going global through different market entry modes, with emphasis on online marketing
- is familiar with the process of internationalisation
- knows how to consider cultural aspects of going global
- can create an internationalisation plan, with emphasis on online marketing, for a company or organisation

Content

- market entry
- international to golbal
- cultural aspects
- internationalization plan
- online selling

Materials

Study materials will be provided during the course. Recommended literature will be announced at the start of the course.

Teaching methods

Lectures and assignments
Group work
Project plan, report, and presentation
Fact studies

Further information

- Students are aware of current technology and can utilize digital channels to reach target audiences in the digital business environment.
- Can design their message correctly depending on the channel used.
- Understands the basics of how to measure and analyze the effectiveness of marketing in digital channels.
- Knows how to build digital marketing in a profitable way.
- Can create networks in a digital environment.

Evaluation scale

H-5

Assessment methods and criteria

- Students are familiar with the basic concepts of digital marketing and understand the significance of marketing within an organization.
- Students have a basic knowledge of various areas within digital marketing.
- Students are familiar with different ways of communicating in the market.

Qualifications

Basics in Marketing

Objective

Student:
-understands VAT on Intra-Community trade and exports / imports
-can do the government reports required regarding value added taxation in international trade

Content

-inta-community supply on goods and services
-VAT on export/import
-reverse charge
-invoice requirement
-VAT refunds

Location and time

Autumn 2024

Materials

Tomperi, S. Kehittyvä kirjanpitotaito (last version)
Teaching material from Tax Administration
VAT legislation
Other material assigned by the teacher

Lecture material on:
- Intra-community supply of goods and services
- VAT on export/import
- Reverse charge
- Invoice requirements in international trade
- VAT refunds from abroad

Teaching methods

Lectures
Exercises
Exam

Employer connections

Guest lectures

Exam schedules

Fre 17.1.2025 kl. 12-13.30
Fre 7.2.2025 kl. 12-13.30

Student workload

24 hours of campus based teaching
20 hours different exercises
10 hours preparation for exam

Tot. 54h ( 2 times 27h)

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students are familiar with special issues regarding VAT system for international business transactions outside the country's borders.
Students understand the requirements for an invoice in international trade.
Students are familiar with the VAT reports that should be submitted when working with international trade.

Assessment criteria, good (3)

Students can handle issues regarding VAT in international business transactions, i.e. EU sales and purchases , export and import from an accounting perspective.
Students can create invoices with all the legal requirements for an invoice made in international trade.
Students are able to prepare and submit the VAT reports that the authorities need when conducting international trade.

Assessment criteria, excellent (5)

Students can independently handle issues regarding VAT in international business transactions, i.e. EU sales and purchases , export and import from an accounting perspective.
Students can independently create invoices with all the legal requirements for an invoice made in international trade.
Students are able to independently prepare and submit the VAT reports that the authorities need when conducting international trade.

Assessment methods and criteria

Intra-community supply of goods and services
- VAT on export/import
- Reverse charge
- Invoice requirements in international trade
- VAT refunds from abroad

Assessment criteria, fail (0)

(0) = fails to fulfill the requirements for 1

Assessment criteria, satisfactory (1-2)

Satisfactory (1-2)

Intra-Community Supply of Goods and Services:
• Basic understanding of the concept.
• Can identify what constitutes an intra-community supply.
• Limited knowledge of documentation requirements.
VAT on Export/Import:
• Basic understanding of VAT on exports and imports.
• Can identify when VAT is applicable.
• Limited knowledge of customs procedures.
Reverse Charge:
• Basic understanding of the reverse charge mechanism.
• Can identify when reverse charge applies.
• Limited knowledge of accounting for reverse charge.
Invoice Requirements in International Trade:
• Basic understanding of invoice requirements.
• Can identify essential invoice elements.
• Limited knowledge of international invoicing standards.
VAT Refunds from Abroad:
• Basic understanding of VAT refund processes.
• Can identify when a VAT refund is applicable.
• Limited knowledge of the documentation required.

Assessment criteria, good (3-4)

Good (3-4)

Intra-Community Supply of Goods and Services:
• Clear understanding of intra-community supply rules.
• Can explain the VAT treatment and necessary documentation.
• Knows the conditions for zero-rating intra-community supplies.
VAT on Export/Import:
• Clear understanding of VAT treatment on exports and imports.
• Can explain the difference between zero-rated exports and VAT on imports.
• Familiar with basic customs documentation.
Reverse Charge:
• Clear understanding of reverse charge rules.
• Can explain how to account for reverse charge in VAT returns.
• Knows the sectors and transactions where reverse charge is commonly applied.
Invoice Requirements in International Trade:
• Clear understanding of international invoice requirements.
• Can explain the necessary elements for compliance.
• Familiar with electronic invoicing and its benefits.
VAT Refunds from Abroad:
• Clear understanding of the VAT refund process.
• Can explain the steps to apply for a VAT refund.
• Familiar with the documentation and deadlines involved.

Assessment criteria, excellent (5)

Excellent (5)

Intra-Community Supply of Goods and Services:
• Comprehensive knowledge of intra-community supply regulations.
• Can apply rules to complex scenarios.
• Fully understands the implications for VAT reporting and compliance.
VAT on Export/Import:
• In-depth knowledge of VAT regulations for exports and imports.
• Can navigate complex customs procedures and documentation.
• Fully understands the impact on VAT returns and compliance.
Reverse Charge:
• Comprehensive knowledge of reverse charge regulations.
• Can apply reverse charge rules to complex transactions.
• Fully understands the implications for VAT compliance and reporting.
Invoice Requirements in International Trade:
• In-depth knowledge of international invoicing regulations.
• Can create compliant invoices for various international transactions.
• Fully understands the implications for VAT reporting and audits.
VAT Refunds from Abroad:
• Comprehensive knowledge of VAT refund regulations.
• Can navigate complex refund applications and procedures.
• Fully understands the implications for cash flow and compliance

Qualifications

Basics of Accounting

Objective

The student:
- knows his/her own UAS, and reflects on his/her career opportunities
- possesses the study skills required for higher education studies, recognizes his/her role as a student and is able to work in a team with others.
- can write an academic texts
- can critically select sources and learns how to express him-/herself linguistically correct in terms of structure and language style
- can reference and quote other people's texts according to given guidelines
- can improve his/her text with the help of feedback

Content

- the various services of the university
- study techniques
- industry knowledge and personal career goals
- Novia's writing instructions
- searching for sources
- academic text

Evaluation scale

Approved/Rejected

Qualifications

None

Further information

Further details will be published in the yearly course plan.

Objective

The student:
- knows the structure of an ERP system
- understands the importance of the ERP system in various functions in an organization

Content

- various functions in an ERP-system
- information chains in an ERP-system
- sales process
- purchasing process
- certification processes
- expense reimbursements
- CRM
- cash flow function in an integrated financial system
- project administration

Evaluation scale

H-5

Qualifications

- IT tools

Objective

The student:
- is familiar with the key principles of KAM
- understands the principles of developing and building strong relationships and loyalty between companies
- recognizes the potential and benefits of nurturing the existing customer base
- can identify methods and approaches for upselling and cross-selling

Content

- B-2-B
- key principles of KAM
- upselling and cross-selling

Evaluation scale

H-5

Qualifications

Customer Relation Management

Objective

The Student:
- knows how working conditions are regulated
- knows how employment contracts are regulated in the Employment Contracts Act
- is familiar with the basics of the Working Time Act
- is familiar with the basics in occupational safety
- is familiar with the basics in the Holiday Act

Content

- Employment Contracts Act
- Working Time Act
- Collective labor agreement
- Holiday Act
- Laws and regulations in connection with employment

Evaluation scale

H-5

Qualifications

- None

Objective

The Student:
- knows how working conditions are regulated
- knows how employment contracts are regulated in the Employment Contracts Act
- is familiar with the basics of the Working Time Act
- is familiar with the basics in occupational safety
- is familiar with the basics in the Holiday Act

Content

- Employment Contracts Act
- Working Time Act
- Collective labor agreement
- Holiday Act
- Laws and regulations in connection with employment

Evaluation scale

H-5

Qualifications

- None

Objective

The student:
- knows different organisational structures and how they affect the organisation's activities
- can identify internal structures and processes based on the organisation's goals, activities and environment
- knows how to analyse and develop organizational cultures
- has deliberative and developmental leadership skills
- understands the benefits of workplace diversity, i.e. having employees who have different professional backgrounds and skills
- can apply the foundation of values and principles of professional ethics within his/her own field of profession

Content

- leadership in various organisational models, i.e. team leadership, strategic leadership, HRM and leadership as a process
- leadership theories
- organisation theory

Location and time

Vaasa Campus autumn 2024, course start 3.9.2024.

Materials

- Williams, MGMT11, Cengage Learning
- course materials in Moodle
- articles

Teaching methods

Lectures, assignments, group work and case studies.

Exam schedules

Date for exam and retakes to be announced at course start.

Student workload

27 hours individual workload per 1 credit (a total of 5 ETCS)

Evaluation scale

H-5

Assessment methods and criteria

Continuous assessment of in class activity, assignments and group works.

Assessment criteria, fail (0)

Insufficient attendance (min 75%), incompleted assignments, failed exam.

Assessment criteria, satisfactory (1-2)

Students understand the basic principles of management and leadership Students are able to identify managerial and leadership related problems Students have a basic understanding of organizational behaviour and different organizational structures and environments.

Assessment criteria, good (3-4)

Students understand the principles of management and leadership and are able to apply them in real life situations Students are able to solve managerial and leadership related problems Students have a broad understanding of organizational behaviour and different organizational structures and environments.

Assessment criteria, excellent (5)

Students understand the principles of management and leadership and are able to critically reflect on them as well as coherently apply them in real life situations Students are able to successfully solve managerial and leadership related problems showing skills in combining theory and practice Students have a deep understanding of organizational behaviour and different organizational structures and environments.

Qualifications

- None

Objective

The student:
- knows different organisational structures and how they affect the organisation's activities
- can identify internal structures and processes based on the organisation's goals, activities and environment
- knows how to analyse and develop organizational cultures
- has deliberative and developmental leadership skills
- understands the benefits of workplace diversity, i.e. having employees who have different professional backgrounds and skills
- understands the connection between CSR and a company´s operations

Content

- organisational structures and theories
- flowcharts
- leadership theories

Evaluation scale

H-5

Qualifications

- None

Objective

Students
-understand the role of logistics in a company when it comes to financial issues and competitiveness
-know about different forms of transportation
-know different logistic models
-basic knowledge of ERP systems
-manage to plan, organize and control the purchasing process, transports, stocking and customer service

Content

The procurement process
Transport,
Warehouse management
Various logistics models
ERP systems

Location and time

Time: See course calendar (in Peppi) for course schedule
Place:Wolffintie 33

Materials

We do not actually use a course book, but instead pick up resources from there and from there - but if you learn best by reading a proper book from A to Ö then I recommend (from Tritonia):
- Rushton, A., Croucher, P., & Baker, P. (2017). The Handbook of Logistics and Distribution Management (6th ed.). Hampshire: Kogan Page Limited.
- Krajewski, Lee J.; Malhotra, Manoj K.; Ritzman, Larry P. (2019). Operations Management: Processes and Supply Chains. Pearson. Twelfth edition. ISBN 978-1-292-25993-2

Teaching methods

Project-based learning, lectures, exercises, feedback-sessions and self-studies.
ERP-systems exercise work,

Employer connections

One excursion or guest lecture during the course.

Exam schedules

Course Part Logistics and ERP (3 ECTS)
By performing weekly project works and by participating in feedback sessions (with discussion) or self-development activities and excursion or guest lecture you collect points that lead to the final grade.
The first return box closes automatically the evening before the week's lecture. The report submitted here is assessed and scored within one week. The second submission box will remain open until the course starts again next year (if you have no grade by then you start again from zero points). These "late" submissions are graded within one month.
Course grade within one week after the last project, or within one month after the last submission.
.
Course Part ERP-systems exercise work (2 ECTS)
During the course, you will also do a ERP-systems excercise work that corresponds to 2 credits of the course's 5 credits. In an EPR program you will first familiarize yourself with how to work in ERP systems and then solve a number of given problems, that emerge on a daily basis in a company. After approved submission you will receive the grade 1-5 in the course part ERP-systems

Student workload

The student is expected to spend a total of 10 hours of work per week on the course in order to reach the European goals of 25-30 hours of work per credits obtained. 3 hours of local education (or equivalent amount of time spent on studying online material and doing self-development activities) and 7 hours of work on own time.

Content scheduling

Week - Project
1  Intro to Logistics och ERP
2 Transport Method Choice
3 Push vs. Pull Production
4 Material Resource Planning
5 ERP-systems, Development and Costs
6 Materials Purchasing
7  Warehousing for Distribution
8  Warehouse Management
9 ERP-systems Choice
10 Open Source ERP
11  Excursion/Guest Lecture
12  Conclusion

The (obligatory) ERP-systems exercise work is done simultaneously with the other course work.

Further information

You need an approved grade i both the course part Logistics and ERP (3 ECTS) AND the course part ERP-system Exercise work (2 ECTS) to get a final course grade.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students know the basic concepts of logistics and understands the importance for efficient use of resources
Students have basic knowledge about different logistics models
Students have basic knowledge about ERP systems
Students understands the company's purchasing process, different modes of transport, warehouse and customer service

Assessment criteria, good (3)

Students have a good understanding of logistic theory and understands the importance for efficient use of resources
Students know different logistics models and understands how they can be used to achieve quality improvement and cost reduction
Students can perform basic tasks within the company's purchasing and logistics process using ERP systems
Students can plan a basic purchasing and transportation process

Assessment criteria, excellent (5)

Students have an excellent understanding of logistic theory and understands the importance for efficient use of resources
Students can independently use different logistics models and understands how they can be used to achieve quality improvement and cost reduction
Students can perform different types of tasks within the company's purchasing and logistics process using ERP systems
Students can plan the process and understand this from a profitability and customer service perspective

Assessment methods and criteria

Course part Logistics and ERP:
By performing project works and by participating in feedback sessions (with discussion) or self-development activities and excursion or guest lecture you collect points that lead to the final grade.
.
For participation in project work, the following points are awarded:
Failed = 0p (The work is obviously deficient, parts are left unfinished)
Accepted = 1p (A good work)
Excellent = 2p (Demands that you show significant initiative, creativity, enthusiasm)
.
For participation in a feedback-session (constructive, detailed feedback) = 1p
For completion of a self-development activity (serious, analytical) = 1p
For active participation in an excursion/guest lecture (discussing, writing) = 1p
.
Points Results
24->31 = 5
22->23 = 4
20->21 = 3
17->19 = 2
15->16 = 1
.
ERP Systems Exercise work:
The submitted exercise work is assessed on a scale of 1-5 based on the following criteria:
- Contains all tasks
- Time spent on work
- Written explanations for the images
- Problem solving skills

Assessment criteria, fail (0)

Insufficient knowledge and/or course effort to achieve a grade of 1

Assessment criteria, satisfactory (1-2)

Students know the basic concepts of logistics and understands the importance for efficient use of resources
Students have basic knowledge about different logistics models
Students have basic knowledge about ERP systems
Students understands the company's purchasing process, different modes of transport, warehouse and customer service

Assessment criteria, good (3-4)

Students have a good understanding of logistic theory and understands the importance for efficient use of resources
Students know different logistics models and understands how they can be used to achieve quality improvement and cost reduction
Students can perform basic tasks within the company's purchasing and logistics process using ERP systems
Students can plan a basic purchasing and transportation process

Assessment criteria, excellent (5)

Students have an excellent understanding of logistic theory and understands the importance for efficient use of resources
Students can independently use different logistics models and understands how they can be used to achieve quality improvement and cost reduction
Students can perform different types of tasks within the company's purchasing and logistics process using ERP systems
Students can plan the process and understand this from a profitability and customer service perspective

Qualifications

none

Objective

The Student:
- understands the link between business accounting and financial management
- can construct and use financial reports to analyse and develop the company's operations
- recognises the importance of financial reporting in the strategic decision-making process
- recognises the importance of budget monitoring
- can visualize the importance of economic and sustainable use of resources.

Content

- economic calculations as a basis for decision-making
- allocation of fixed costs
- selection of an appropriate budget form
- budget monitoring and analysis
- tools to support financial reporting
- financial sustainability

Location and time

Henriksgatan 7, Åbo
Spring 2024

Materials

Alnoor Bhimani,
Charles T. Horngren,
Gary L. Sundem,
William O. Stratton,
David Burgstahler,
Jef Schatzberg: Introduction to Management Accounting

and

Excel tables and templates handed in by teacher

Teaching methods

Lectures and works shops
Group tasks
Calculation exercises
Forge
Key Learning Notes

Employer connections

Tasks to be done in the student companies

Student workload

1 ect lectures and task workshops incl. business abs
1 ect Forge incl. preparations
1 ect Budgeting task
2 ect Literature studies and Key Learning Note

Evaluation scale

H-5

Assessment criteria, fail (0)

Reports not handed in or are of unacceptable level of quality (including missed DLs) of the reports
and/or presentations.

Assessment criteria, satisfactory (1-2)

Group report handed in and presented, and the KLN handed in. Both at an approvable level of
quality. Student's activity at an acceptable level.

Assessment criteria, good (3-4)

Good work input overall: Group report handed in and presented. KLN handed in. Both of high
quality. Good activity in the class, e.g. at the discussions and presentations.

Assessment criteria, excellent (5)

Exceptional quality overall: the written Reports, presentations, student activity.

Qualifications

Management Accounting and Budgeting

Objective

The student:
- understands the role of management accounting in economic planning
- can calculate basic profitability ratios
- knows pricing principles
- understands the role of budgeting in business planning
- can calculate and analyze profit, liquidity, and balance sheet budgets

Content

- profitability calculations
- contribution margin calculations
- results chart (break even)
- inventory turnover
- pricing
- profit, liquidity and balance sheet budget and the connection between them

Evaluation scale

H-5

Qualifications

none

Objective

The student:
- knows how to apply relevant theories and concepts within customer relations
- can develop a customer-focused value proposition
- is able to analyse customer value and profitability
- understands the importance of using information systems when handling customer relations

Content

- the customer journey
- personas
- relationship marketing
- inbound marketing, content marketing
- key customers
- customer profitability
- customer satisfaction
- CRM

Evaluation scale

H-5

Qualifications

Basics of Marketing

Objective

The student:
- masters the process and tools to be able to carry out a market analysis in practice
- can utilise statistical data
- is able to present the results of a market analysis

Content

- a market analysis project
- presentation and action plan based on the project

Evaluation scale

H-5

Qualifications

- Inga

Objective

The student:
- masters the process and tools to be able to carry out a market analysis in practice
- is able to present the results of a market analysis
- is familiar with basic concepts in statistics and probability theory and masters simple calculations
- can read and extract data from statistics
- knows the basics of discrete and continuous distributions and their practical use
- knows the basics of estimation statistics and concepts such as uncertainty and confidence intervals

Content

- market analysis
- probability theory
- distribution
- estimates and hypothesis testing
- a market analysis project
- presentation and action plan based on the project

Evaluation scale

H-5

Qualifications

Business Mathematics

Objective

The student:
- masters the process and tools to be able to carry out a market analysis in practice
- is able to present the results of a market analysis
- is familiar with basic concepts in statistics and probability theory and masters simple calculations
- can read and extract data from statistics
- knows the basics of discrete and continuous distributions and their practical use
- knows the basics of estimation statistics and concepts such as uncertainty and confidence intervals

Content

- market analysis
- probability theory
- distribution
- estimates and hypothesis testing
- a market analysis project
- presentation and action plan based on the project

Evaluation scale

H-5

Qualifications

Business Mathematics

Objective

The student:
- knows the laws, regulations and ethical principles that govern marketing and sales
- can apply the General Data Protection Regulation and GDPR
- is familiar with IPR issues
- is familiar with Incoterms and contract formation

Content

- consumer protection law
- unfair behaviour
- competition
- IPR and GDPR issues
- Incoterms and contracts

Evaluation scale

H-5

Qualifications

- none

Objective

The student:
- is familiar with basic competition laws and regulations within Finland and EU
- knows and is able to apply marketing laws and regulations in b2b and b2c
- knows how GDPR and IPR issues affect marketing
- is familiar with general practice in business operations in the field

Content

- consumer rights
- market laws, also in a digital context
- can apply competition and marketing laws in practice
- IPR and GDPR issues

Evaluation scale

H-5

Qualifications

- none

Objective

The student
- Understands leadership styles and theories
- Gains self-awareness and engaging in self-reflection
- Recognizes the importance of ethics, integrity, and change management - Discoveres own leadership identity and creates a development plan
- Understands various theories and standards for performance management and linking them to practical processes

Content

Leadership styles from a theoretical perspective
Analysis of personal leadership competencies
Development plan for personal leadership
Theories and standards for quality managment and performance managment

Evaluation scale

H-5

Qualifications

Basic courses i organization and leadership

Objective

The student:
- understands and can apply the different stages of the research process
- can use appropriate research methods in development work
- can critically select sources and learn how to write scientific text
- can draw up a research plan

Content

- research process
- qualitative and quantitative research methods
- alternative research methods
- information retrieval
- scientific writing

Evaluation scale

H-5

Qualifications

Swedish for Business

Objective

Students
-can handle a company's payroll and payroll records with the application of current legislation and collective agreements
- can use a modern payroll software programme

Content

-Payroll software
-Payroll
-Legislation
-Collective agreements
-Reporting to authorities

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students understand the task of payroll accounting in the company and can link it to the company's main accounting.

Students are familiar with the legislation and regulations that govern payroll administration and understand the impact of collective agreements on how a salary is calculated.

Students can use a payroll program to perform simple salary calculations and know that the reporting is done in the income register.

Assessment criteria, good (3)

Students can perform the task of payroll accounting in the company and transfer the information to the company's main accounting.

Students can explain the legislation and regulations linked to govern payroll administration and the impact of collective agreements on how a salary is calculated.

Students can use a payroll program to perform simple salary calculations and understand the meaning of the income register.

Assessment criteria, excellent (5)

Students can independently perform company´s payroll accounting and transfer the information to the company's main accounting, i.e. general ledger.

Student can independently explain the legislation linked to payroll administration and understands the impact of the collective agreements. Student can independently perform payroll calculations and knows for example how the Holiday Act affects these calculations.

Student can use a payroll software to perform more difficult calculations and can use the income register.

Students can use a payroll program to perform more difficult salary calculations and can use the income register for payroll reporting purposes.

Qualifications

Basics of Accounting

Objective

The student:
- masters the basic principles of payroll accounting
- is familiar with the laws, regulations and agreements that affect payroll administration
- is familiar with collective agreements and can apply collective agreements to payroll and wages
- can use payroll software to calculate salaries

Content

- payroll legislation
- collective agreement
- various types of wages and benefits
- statutory insurance in payroll administration
- national Incomes Register and its functions
- reimbursed expense
- calculation of holiday pay
- working hours
- calculation of wages in a financial system
- payroll accounting

Evaluation scale

H-5

Qualifications

- none

Objective

The student:
- can edit pictures with imaging software
- can create graphics using a graphic design software
- can create publications with a publishing software
- understands how web technology works and can produce static web pages

Content

- digital publications
- basics in image editing
- basics in graphic design
- basics in video editing
- basics in publishing
- basics in web technology

Evaluation scale

H-5

Qualifications

IT-tools

Objective

The student:
- is able to assess and develop his/her own learning style.
- is able to share knowledge and learn together with other people.
- is able to take responsibility for his/her own work process in the team.
- is able to act professionally in the work environment.
- is able to analyse a team's progress using relevant theory.
- understands the importance of teamwork in the workplace.

Content

See course plan

Evaluation scale

Approved/Rejected

Assessment criteria, satisfactory (1)

See course plan

Assessment criteria, good (3)

See course plan

Assessment criteria, excellent (5)

See course plan

Assessment criteria, approved/failed

See course plan

Qualifications

None

Further information

See course plan

Objective

The student:
- knows how to plan, implement, report, present and evaluate projects
- can use project planning and management tools
- understands the importance of sharing knowledge within the project team
- can conduct a risk analysis and set up an action plan
- can organize the activities of a project group in accordance with the client’s wishes
- takes responsibility for his/her own activity and acts in accordance with approaches agreed upon

Content

- project-related terminology
- project models and agile methods
- project planning tools
- project documentation
- implementation of a project as a whole
- sustainability goals

Evaluation scale

H-5

Qualifications

none

Objective

The student:
- knows how to plan, implement, report, present and evaluate projects
- can use project planning and management tools
- understands the importance of sharing knowledge within the project team
- can conduct a risk analysis and set up an action plan
- can organize the activities of a project group in accordance with the client’s wishes
- takes responsibility for his/her own activity and acts in accordance with approaches agreed upon

Content

- project-related terminology
- project models and agile methods
- project planning tools
- project documentation
- implementation of a project as a whole

Location and time

Spring 2024

Materials

Att leda och arbeta i projekt-en praktisk handbok om att lyckas i projekt. 4:e uppl. Monica Lööw
Material on Moodle

Teaching methods

Lectures, exercises, project work and assignments

Employer connections

The project work is done in collaboration with a company or association

Completion alternatives

Written exam, project work and presentations

Student workload

34 hours of local teaching with lectures and exercises
31 hours of project work
16 h preparation for tent

Evaluation scale

H-5

Assessment methods and criteria

Assessment is based on exam and assignments.

Assessment criteria, fail (0)

The criteria for grade 1-2 are not met.

Assessment criteria, satisfactory (1-2)

Students have basic knowledge of concepts used in project management
Students have a general picture of the tools that can be used in project planning and management
Students have a general picture of project process

Assessment criteria, good (3-4)

Students have good knowledge of concepts in project management and can write basic reports
Students can use project planning and management tools for basic projects
Students have a basic understanding of the project process and the different parts of the project and can carry out a project from planning to follow-up.

Assessment criteria, excellent (5)

Students have advanced knowledge about concepts in project management and can write more advanced reports
Students can use project planning and management tools for more advanced projects
Students are well aware of the different parts of the project and can independently carry out a project from planning to follow-up

Qualifications

No prerequisities

Objective

Students
- understand how purchasing and a purchasing organization works in a company
- know the cost picture in the purchase process
- are able to analyze the supplier selection and know what criteria applies to outsourcing
- are aware of the role of purchasing in the value chain.

In addition, the student should be able to:
-evaluate their own work and that of others
-critically study and give feedback to report works
-crictically evaluate different technical methods
-account for and discuss opinions

Content

-Purchasing process, buying behavior
-Organization and structure of purchasing
-Supplier relationship
-Contracts and laws
-Public procurement
-Ethics and good practice
-Negotiations and contracting

Location and time

Autumn 2024

Materials

Wallace, Walter L., Xia, Yusen L. & Render, Barry 2015. Delivering customer value through procurement and strategic sourcing : a professional guide to creating a sustainable supply network. Pearson.

Teaching methods

Lectures, visitor, group work, peer evaluation and presentations.

Employer connections

Visiting Lecturer

Exam schedules

No Exam. Grade given based on the performance and quality of course assignments.

Student workload

Total work load of the course: 81 h - of which scheduled studies: 31 h - of which autonomous studies: 50 h

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Knows many of the core concepts of the area
Knows the connection between purchasing, costs and profit
On request, can analyze an existing purchasing portfolio, and draw conclusions about what should be prioritized.
Knows the importance of purchasing to corporate profits, and knows that international purchasing is an opportunity.
Can participate in a discussion about purchasing.

Assessment criteria, good (3)

Can understand texts that deal with the current theme
Understands how effective and efficient purchasing is the basis for a company's production and sales.
Can independently analyze and develop a premade plan
Can specify which problems you can encounter in international purchases
Can hold a presentation about purchasing.

Assessment criteria, excellent (5)

Can learn from versatile literature about purchasing.
Can propose the most optimal methods of purchasing internationally, from a cost and time perspective.
Can evaluate and propose improvements for a plan
Can argue for and against different strategies and models for international purchasing.
Can describe and explain the role of the purchasing function and its meaningfulness to third parties

Qualifications

Logistics and ERP