Financial Management of an SME (4cr)
Course unit code: HBL20600
General information
- Credits
- 4 cr
- Teaching language
- Finnish
Objective
The students are able to launch a company. They know how a SME handles practical tasks of finance and administration. They are familiar with the risks of entrepreneurial activity and how to prepare for them. They also know how to utilize a cooperation network.
Content
The process of establishing a company, administration, securing financing, bank relations, planning profitable activities and pricing, bookkeeping and taxation, invoicing, ledgers, payroll administration, risk management, insurances, creating a cooperation network, planning future activities, budgets.
Qualifications
Basic knowledge of the operating environment of a company and the sectors of business activity; mastery of basic bookkeeping.
Assessment criteria, satisfactory (1)
Assessment of portfolio. Self-assessment of learning process.