Cost Planning

Structure Type: Course
Code: KH00AYT01
Type: Compulsory
Level: Bachelor
Credits: 3.0 points
Responsible Teacher: Savola, Esa
Teacher Team: Juppo, Merja
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
MK-2013   3 spring   3.0   2016-01-01   2016-07-31  

Learning Outcomes

Students will be able to name and explain the components of profitability, know the fundamentals of gross margin calculation and pricing. They will be able to budget and compile a business plan.

Student's Workload

Total work load of the course 78 h

Prerequisites / Recommended Optional Courses

Will be announced at the beginning of the course.

Contents

- components of profitability: return, costs, measuring profitability, variable and fixed costs, gross margin, pricing, the basic components of profitable business, budgeting, and drawing up a financial part of a business plan

Recommended or Required Reading

Will be announced at the beginning of the course.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, exercises, working online, independent study

Assessment Criteria

Will be announced at the beginning of the course.

Assessment Methods

Assessment will consist of exercises 50% and making a Cost Plan 50%

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