Business Economy (6cr)
Course unit code: TLBJ3650
General information
- Credits
- 6 cr
- Teaching language
- Finnish
Objective
The students have the capability of analysing the cost structure of a logistics enterprise, as well as of its financial management.
Content
Profitability, liquidity, good financial standing, and their interrelations. The purpose and objective of accounting, perspectives. Financial and managerial accounting. The basic logic of bookkeeping. The content and message of profit and loss statement and balance. The most common indicators of financial statements and their message. Direct and indirect taxation. Working capital and capital profit rate. Planning of investments, investment calculations and depreciations. Product- and function-specific cost accounting. Pricing and cover calculation. Budgeting pplus other planning and alternative calculations of a company.
Qualifications
Mastery of basic studies in engineering and the basics of entrepreneurship and logistics
Assessment criteria, satisfactory (1)
Active class participation, group work reports and presentations, exam