Financial Planning (3cr)

Objective

Students will know the principles of SME financing and can plan short and long term financing options and prepare for financing negotiations. They will be able to ensure investment and income funding with good planning. They will master financial market services and can compile business financing plans.

Execution methods

Verkko-opintojakso, pakollinen LLT ja LLM ryhmille

Accomplishment methods

Verkko-opintojakso, pakollinen LLT ja LLM ryhmille

Content

1. Planning and profitability of business funding

A company's financing problem
Investments and their profitability
Business capital (working capital)
Reducing invested capital
Improving a company's financial status
Business financing plans, income planning, cash budget, financing budget and loan care plan
(Business Research Committee's forms)

2. Financial markets and services
Own capital
Borrowed capital
Banks, insurance companies, Finnvera, ELY-centre, special credit companies, capital companies, factoring, leasing, confirming, recourse factoring etc.
Services of financial institutions
Comparing funding sources and instruments

Assessment criteria, satisfactory (1)

The students know the various forms of business financing well and are able to plan long and short-term financing alternatives in simple practical situations.

Assessment criteria, good (3)

The students know the various forms of business financing well and are able to plan long and short-term financing alternatives in common practical situations.

Assessment criteria, excellent (5)

The students know the various forms of business financing well and are able to plan long and short-term financing alternatives in demanding practical situations.

Qualifications

Introduction to Accounting 5 cr or equivalent studies