Financial Planning for a Start-up Entrepreneur

Structure Type: Course
Code: KD07CHYR412
Type: Free choise
Level: Bachelor
Credits: 2.0 points
Responsible Teacher: Palomäki, Juhani
Teacher Team: Palomäki, Juhani
Language of Instruction: Finnish

Learning Outcomes

Students are able to draw up the necessary calculations for setting up an enterprise. He can use a spreadsheet program by formulating the phase calculations. Students are able to draw up the financial and profitability calculations of the business plan. He can also use cost-volume-profit calculations as a tool of pricing the product or service.

Student's Workload

Lectures and guided practice 16 h, independent work 38 h

Prerequisites / Recommended Optional Courses

No previous studies are required.

Contents

Basic concepts in financial planning, financial calculation of the business plan, profitability calculations of the business plan, basics of pricing, taxation of firms

Recommended or Required Reading

- material provided by the teacher

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures and guided practice, independent work

Assessment Criteria

Exellent (5): Students are able to draw up the financial and profitability calculations of the business plan. He can use a spreadsheet program by formulating the phase calculations. He can also use cost-volume-profit calculations as a tool of pricing the product or service.

Good (4-3): Students are able to draw up the essential parts of the financial and profitability calculations. He can use a spreadsheet program by formulating the phase calculations. He knows the basic concept of the cost-volume-profit analysis.

Satisfactory (2-1): Students are able to draw up the necessary calculations for setting up an enterprise. He can use a spreadsheet program by formulating the phase calculations. He is familiar with the basic key ratios of the cost-volume-profit analysis.

Assessment Methods

Assignment 70 %, active participation and continuous assessment 30 %

Further Information

The course is taught at Seinäjoki Business School at Koulukatu 41, Seinäjoki.

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