Study Guide

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools

Course will be in English.

Location and time

Start of the study unit is 19.9.2024 in Leppävaara.This study unit is on-site at Leppävaara-Campus.The lectures will not be recorded.

This study unit includes individual work and working in teams. The individual exams and group work of the study unit are made online.
The learning environment of the study unit is Canvas.Canvas workspace will be open a few days before the planned study unit start.

Learning materials and recommended literature

The materials are online and will be available as soon as Canvas opens.

Alternative completion methods of implementation

Any competence that corresponds to the learning outcomes of your degree can be included in it through recognition and accreditation of prior learning. Any competence that corresponds to the learning outcomes of your degree can be included in it through recognition and accreditation of prior learning.

Important dates

According to the degree regulations (section 18): students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. After the first contact day no new students are accepted on the course.

Forms of internationality

The study unit is suitable for exchange students

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

The modules:
Orientation
Module 1: What is data and what does data-driven mean?
Module 2: Decision making
Module 3: Data analytics and accounting
Module 4: Data and Artificial Intelligence in Business Context

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

BACHELOR'S DEGREE INITIAL STAGE STUDENTS
EXCELLENT
grade 5
Students are able to:
• Apply professional concepts expertly.
• Comply with occupational safety instructions responsibly and independently.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
GOOD
grade 3
Students are able to:
• Apply professional concepts systematically.
• Apply occupational safety instructions in their activities.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles..
SATISFACTORY,
grade 1
Students are able to:
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

The study unit is conducted online and does not require attendance on campus. The study unit includes scheduled teaching or guidance online, which is recorded and can be viewed on Canvas afterwards. The study unit includes working in individually, pairs or groups. The study unit requires active participation and commitment to interactive studying. You will receive individual feedback for assignments from the teacher, and working life or peer feedback may also be utilised.

Location and time

Please refer to the Timetable Engine at https://lukkarit.laurea.fi/ for the schedule information. Laurea reserves the right to modify the timetable.

Learning materials and recommended literature

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Alternative completion methods of implementation

According to the degree regulations (2024), "Students are entitled to apply for recognition of prior learning regardless of where, when and how the competence has been acquired. ... At Laurea, there are two different procedures for the recognition and accreditation of prior learning: a) accreditation of prior learning (competence acquired in higher education studies at another institution) and b) demonstration of competence (competence acquired in other ways). The recognition and accreditation of prior learning is initiated by the student themselves. The student is responsible for demonstrating and verifying their competence. The student is entitled to guidance for the recognition and accreditation of their competence." Further information in the student intranet.

You may also assess work-based learning as a way to acquire the competence needed. Read more in the student intranet.

Important dates

Based on the degree regulations (2024), the student accepted for the implementation is required to confirm his/her participation by showing activity at the start of the study in the following way:

In order to demonstrate activity, the student must be present at the first contact lesson or notify the teacher in charge of his/her absence to confirm his/her participation in the study. Registration will be rejected if the student does not report his/her absence at the start of the study or the reason for the absence cannot be considered justified. Another student can be taken in his place. The first contact lesson is 4.9.2024.
https://laurea.zoom.us/j/64232798687

Forms of internationality

The study unit is suitable for exchange students.

Students workload

Workload of the study is measured in a way that to acquire the goal competence of the study, one credit corresponds to an average of 26.7 hours of work done by the student. The actual time needed varies e.g. according to prior competence. 5 ECST is approximately 135 hours.

Content and scheduling

The study unit includes four themes or modules. The orientation module must be completed before you can go on to modules 1, 2, 3, and 4.

Orientation
Module 1: Data in Business Environment
Module 2: Decision making
Module 3: Data Analytics and Accounting
Module 4: Data and Artificial Intelligence in Business Context

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

Grading scale

H-5

Evaluation methods and criteria

"Competence assessment is based on the descriptions of objectives in the curricula, and the level of competence is assessed according to the assessment criteria listed in the implementation plan for the studies" (Laurea degree regulations 2024).

Students who have failed assignments or examinations required for passing a study unit must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit.

If failing to meet each assignment deadline, penalty -20% applies.

In this study unit the assessing of the competences will be done by using the criteria set for requirement level I.

Professional knowledge basis, information searching and reporting

To achieve grade 5 student must be able to
- use professional concepts extensively
- compare and choose
- relevant information
- report and communicate in a professional manner

To achieve grade 3 student must be able to
- use professional concepts in a consistent manner when explaining various work practices and situations
- gather information and use their knowledge basis
- report in the agreed manner

To achieve grade 1 (or pass) student must be able to
- use essential professional concepts when explaining various work practices and situations
- search for information in different sources
- report

Professional practice and workplace development

To achieve grade 5 student must be able to
- work independently, using the skills and methods learned
- take responsibility for interaction with customers and/or co-operation partners and for responding to their needs
- anticipate their need for guidance

To achieve grade 3 student must be able to
- work using the skills and methods learned
- engage in professional interaction with customers and/or co-operation partners and identify their needs
- take part in guidance and utilise it

To achieve grade 1 (or pass) student must be able to
- work under guidance using the skills and methods learned
- interact with customers and/or co-operation partners
- receive guidance

Teamwork, skills, leadership, and responsibility

To achieve grade 5 student must be able to
- promote the team’s work and team spirit
- manage their time appropriately, completing the agreed tasks at the required quality level
- work responsibly, applying the skills and methods learned
- plan and evaluate their work, taking safety and/or ethical aspects into consideration

To achieve grade 3 student must be able to
- engage in goal-oriented work in a team
- plan and manage the progress of their work and use of time
- detect safety-related risks
- justify their actions in accordance with the professional code of conduct

To achieve grade 1 (or pass) student must be able to
- work as a member of a team
- plan the progress of their work and use of time under guidance
- work safely and in accordance with the professional code of conduct
- follow the provided instructions and rules

“Students who have failed to demonstrate their competence in accordance with the approved level must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit. If the student does not pass the assessment despite the opportunity to complete their study attainment, they must complete the study unit in question in full as specified by the teacher.” (Degree regulations 2024.)

All staff and students of Laurea are expected to adhere to good scientific practices, which includes appropriate referencing. Familiarise yourself with the practices and, if needed, ask for more information. All study assignments are to be done as individual work unless otherwise instructed. If Tournitin is used when assignments are checked, the lecturer will inform the students of this.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

A Canvas learning environment is used to support the implementation, but it is important to take part in teaching and guidance on campus according to schedule. The study unit includes working in pairs or groups. You will receive individual feedback for assignments from the teacher, and working life or peer feedback may also be utilised.

Learning materials and recommended literature

Strategic Analytics. Harvard Business Review Press, 2020.

Bernard, M. (2017). Data Strategy

Jackson, P. & Carruthers, C. (2019). Data Driven Business Transformation. John Wiley & Sons, Incorporated.

Listenmaa, J. (2023). Laita tieto töihin: Tiedolla johtamisen käsikirja. Alma Talent.

Alternative completion methods of implementation

All students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognised and accredited by the teacher responsible for the studies or another person designated to the position. The assessment is carried out according to the same assessment criteria and, as a rule, same grading scale as that adopted for the corresponding study unit or module. The student is entitled to apply for accreditation of prior competence regardless of where, how and when the competence has been acquired. The student may also seek accreditation of competence to be acquired on the job as part of their degree (work-based learning). The student is responsible for demonstrating and verifying their competence and for providing sufficient information.

Important dates

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.” (Laurea degree regulations) In the case of online studies the lecturer can also specify some other way than participation on an online meeting what is required from the student so that he/she verifies his/her attendance on the study unit (Decision by the vice president, education 7/2019).

Students workload

5 ECTS = 135 hours of student work

Content and scheduling

Welcome into study current topics related to data and its meaning to business.

The study unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools
There will be collaboration with companies during the course.

Course will be held in English.

Further information for students

The study unit corresponds to the requirements of Bachelor level education.
According to the degree regulations (section 18) students must be present for the first contact teaching session, or they must notify the responsible teacher of their absence to confirm they intend to participate in studies, Alternatively, the teacher can specify a different manner for the student to confirm that they intend to participate in the studies. The completion of these measures can be required within a week of the studies having begun. The application of the aforementioned approach requires that the teacher notifies the students accepted to the study unit of the practice and that the practice is specifically mentioned in the study unit’s implementation plan.

If the student has a justified reason for not attending the first contact teaching session or for not notifying the teacher of their intention to be involved in studies in the manner required by the teacher, the student must contact the responsible teacher to agree on participation in the studies. Their registration for the study unit will be rejected, of the student does not notify the teacher of being absent from the first contact teaching session or the reason for their absence cannot be considered justified, Another student who is in line for the study unit can be selected in their place."

The quality of the study unit implementation has been assessed and the self-evaluation report is available in Canva.

Grading scale

H-5

Evaluation methods and criteria

“The evaluation of competence is based on the descriptions of objectives in the curricula, and the level of competence is assessed according to the evaluation criteria listed in the implementation plan for the studies.” (Laurea degree regulations).

In this study unit the assessing of the competences will be done by using the criteria set for requirement level I.

Professional knowledge basis, information searching and reporting

To achieve grade 5 student must be able to
- use professional concepts extensively
- compare and choose
- relevant information
- report and communicate in a professional manner

To achieve grade 3 student must be able to
- use professional concepts in a consistent manner when explaining various work practices and situations
- gather information and use their knowledge basis
- report in the agreed manner

To achieve grade 1 (or pass) student must be able to
- use essential professional concepts when explaining various work practices and situations
- search for information in different sources
- report

Professional practice and workplace development

To achieve grade 5 student must be able to
- work independently, using the skills and methods learned
- take responsibility for interaction with customers and/or co-operation partners and for responding to their needs
- anticipate their need for guidance

To achieve grade 3 student must be able to
- work using the skills and methods learned
- engage in professional interaction with customers and/or co-operation partners and identify their needs
- take part in guidance and utilise it

To achieve grade 1 (or pass) student must be able to
- work under guidance using the skills and methods learned
- interact with customers and/or co-operation partners
- receive guidance

Teamwork, skills, leadership, and responsibility

To achieve grade 5 student must be able to
- promote the team’s work and team spirit
- manage their time appropriately, completing the agreed tasks at the required quality level
- work responsibly, applying the skills and methods learned
- plan and evaluate their work, taking safety and/or ethical aspects into consideration

To achieve grade 3 student must be able to
- engage in goal-oriented work in a team
- plan and manage the progress of their work and use of time
- detect safety-related risks
- justify their actions in accordance with the professional code of conduct

To achieve grade 1 (or pass) student must be able to
- work as a member of a team
- plan the progress of their work and use of time under guidance
- work safely and in accordance with the professional code of conduct
- follow the provided instructions and rules
“Students who has failed to demonstrate their competence in accordance with the approved level must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit. Laurea provides examination retake dates. Students must register for these examinations no later than 10 days before the retake date. A failed exam or other study attainment can be retaken twice. A failure to attend an actual examination is considered to be one completion attempt." (Laurea degree regulations.)

All staff and students of Laurea are expected to adhere to good scientific practices, which includes appropriate referencing. Familiarise yourself with the practices and, if needed, ask for more information. All study assignments are to be done as individual work unless otherwise instructed. If Ouriginal is used when assignments are checked, the lecturer will inform the students of this.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures.
Link to Zoom-meetings: https://laurea.zoom.us/j/64313362542
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.

The study unit includes four themes or modules. The orientation module must be completed before you can go on to modules 1, 2, 3, and 4.

Orientation
Module 1: Data in Business Environment
Module 2: Decision making
Module 3: Data Analytics and Accounting
Module 4: Data and Artificial Intelligence in Business Context

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Alternative completion methods of implementation

According to the degree regulations “all students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognized and accredited by the teacher responsible for the module or study unit or another person designated by the director of the UAS unit. The assessment is carried out according to the same criteria and grading scale as that adopted for the corresponding study unit.” For further information visit Opiskelijaintra.

Important dates

The study unit starts 31.1.2024
Link to Zoom-meetings: https://laurea.zoom.us/j/64313362542

Forms of internationality

The study unit is suitable for exchange students.

Students workload

One credit equals approximately 26.7 hours of work performed by the student. 5 ECST is approximately 135 hours.

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrolment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation criteria, excellent (5)

To achieve grade 5 student must be able to
• Apply professional concepts expertly.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
• Comply with occupational safety instructions responsibly and independently.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

•Lecturing in ZOOM
•Group Discussion
•Individual Assignment
•Individual Project Task for decision making
•A multiple choice question examination at the end of the study unit based on the concepts studied during the
study unit.

Location and time

The location of lessons will be in Teams.

https://teams.microsoft.com/l/meetup-join/19%3ameeting_ODQ5ZTg3NzYtY2I5Zi00MGJkLTlmYmYtYzNmNjY3NWIyYmZj%40thread.v2/0?context=%7b%22Tid%22%3a%22f0b9e9d7-8d66-4b16-9c1c-6b07c4796280%22%2c%22Oid%22%3a%22852e1131-503d-4927-9146-6c12fe41a0e7%22%7d

IF ANY CHANGES, STUDENTS WILL BE INFORMED IN ADVANCE

Learning materials and recommended literature

All the materials for learning will be uploaded in the Canvas.

Alternative completion methods of implementation

You can complete the study unit virtually:

• Follow the instructions in CANVAS
• Submit the assignments on time
• Attend the project task evaluation and multiple choice examination without any fail
• You can complete the study unit successfully.

Important dates

The course will begin on 24.01.2024 and ends on 27.03.2024
Theonline sessions are on the following dates:
Date and Time:
24.01.2024 16.00 - 18.00
01.02.2024 16.00 - 18.00
07.02.2024 16.00 - 18.00
14.02.2024 16.00 - 18.00
28.02.2024 16.00 - 18.00
13.03.2024 16.00 - 18.00
27.03.2024 16.00 - 18.00

Forms of internationality

The topics you are learning out of the study unit are the basic to business intelligence.

Students workload

basic work load

Content and scheduling

Scheduling: There will be 7 online sessions of 2 hours each, out of which 6 session will be teaching session and the last session is for feedback and comments. All the sessions will be recorded and uploaded to CANVAS for the convenience of students to have access on it in a later time period.
Content:
Module 1: Introduction to DDDM
- WHAT IS DDDM?
- Algorithm to make DDDM
- Regression and Randomized Trials
- Data Identification and Application
Module 2:Technology and Types of Data
• The marketplace and emerging trends in big data analytics
• Business impacts of technology advancements and data trends
• What is Big Data?
• perspective on big data
• Data and analytics examples
• Identifying, organizing, and processing data
• Structured", "Semi-Structured", and "Unstructured" data
• Implications of unstructured data - Case studies
• Data tools and technologies
Module 3: Data Analysis Techniques and Tools
•Types of data analysis techniques
•The role of Excel
•The role of SAS
• The role of R
• The role of Python
• The Power of Visualization
• The role of QlikView
• Data analysis approaches and techniques
• A Business Example of Data Visualization Tools
Module 4: Data-Driven Decision-Making Project
The course project will give you an opportunity to practice what you have learned. You will participate in a simulated business situation in which you will select the best course of action. You will then prepare a final deliverable, which will be evaluated by your peers. Additionally, you will have the opportunity to provide feedback on your peer's submissions.

Further information for students

The objective of the study unit is
* Overview of Data Driven Decision Making
* Defining the Problem
* Analyzing and Understanding the data
* Evaluating the alternatives
* Communicating the decision

Grading scale

H-5

Evaluation methods and criteria

The evaluation is based on the following criteria:
Assignment-10
Project Evaluation (40)
Examination (50)
Total -100

Evaluation criteria, fail (0)

If the points are less than 40, the student will fail for the study unit

Evaluation criteria, satisfactory (1-2)

If the points between 40-60, the grade will be 1 and 2
ie; 40-49 will get 1
50-59 will get 2

Evaluation criteria, good (3-4)

If the points between 60-80, the grade will be 3 and 4
ie; 60-69 will get 2
70-79 will get 3

Evaluation criteria, excellent (5)

If the points between 80-100, the grade will be 4 and 5
ie; 80-89 will get 4
90-100 will get 5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course includes individual and group work. One lesson is a video lesson. This course includes one optional info-clinic. The students have divided to groups (group 1 and group 2). The groups will be communicated in the first lesson.
Otherwise, lessons will be held at Tikkurila campus. The learning platform is Canvas.

Learning materials and recommended literature

All material will be found in Canvas platform for enrolled and accepted students
Bazerman, M., Moore, D. 2017. Judgement in Managerial Decision Making.Wiley:NJ.

Alternative completion methods of implementation

According to degree regulations “All students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognised and accredited by the teacher responsible for the module or study unit or another person designated by the director of the UAS unit. The assessment is carried out according to the same criteria and grading scale as that adopted for the corresponding study unit.”

Co-operation with working life and/or RDI

There is one project work for company.

Important dates

This course will be organized at Tikkurila campus. There are two separate groups and two common lessons.
The lessons dates:
01.02.2024 09.00 - 11.45 All
15.02.2024 09.00 - 11.45 Group 1
15.02.2024 12.30 - 15.15 Group 2
12.03.2024 09.00 - 11.45 Group 1
12.03.2024 12.30 - 15.15 Group 2
04.04.2024 09.00 - 11.45 Group 1
04.04.2024 12.30 - 15.15 Group 2
25.04.2024 18.00 - 20.00 Info-clinic Zoom (optional)
07.05.2024 09.00 - 11.45 All

Forms of internationality

Study unit is suitable for Laurea exchange students and for Laurea students abroad.

Content and scheduling

The modules:
Orientation
Module 1: What is data and what does data-driven mean?
Module 2: Decision making
Module 3: Data analytics and accounting
Module 4: Business case and dashboard

Further information for students

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

The evaluation is based on assessment criteria which will communicate to the students in first lesson.

Evaluation criteria, satisfactory (1-2)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– use professional concepts in a consistent manner and demonstrate his/her familiarity with the knowledge basis
– report and communicate in a professional manner
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– act independently taking into account the operating environment
– take responsibility for interaction with customers and/or co-operation partners and for responding to their needs
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– describe the significance of his/her actions for successful co-operation
– describe his/her competence in relation to the learning outcomes

Evaluation criteria, good (3-4)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– critically evaluate information and justify their actions with science-based knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– propose creative solutions at work
– promote professional co-operation and enhance customer and partner relationships
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of his/her competence in relation to the learning outcomes

Evaluation criteria, excellent (5)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
– anticipate needs of customers and/or co-operation partners
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– evaluate and develop the team’s entrepreneurial and responsible approach to work
– evaluate the possibilities for utilising competence and plan his/her personal development and development of the team

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools

Course will be in English.

Location and time

Start of the study unit is 17.01.2024 16.00 - 18.00 in ZOOM.
This study unit has only Zoom lectures.The is no mandatory attendance apart of the first lecture and during possible team-presentations. Be aware that the ZOOM-lectures will not be recorded.
This study unit includes individual work and working in teams. The individual exams and group work of the study unit are made online.
The learning environment of the study unit is Canvas.Canvas workspace will be open a few days before the planned study unit start.

Learning materials and recommended literature

The materials are online and will be available as soon as Canvas opens.

Alternative completion methods of implementation

Any competence that corresponds to the learning outcomes of your degree can be included in it through recognition and accreditation of prior learning. Any competence that corresponds to the learning outcomes of your degree can be included in it through recognition and accreditation of prior learning.

Important dates

According to the degree regulations (section 18): students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. After the first contact day no new students are accepted on the course.

Forms of internationality

The study unit is suitable for exchange students

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

The modules:
Orientation
Module 1: What is data and what does data-driven mean?
Module 2: Decision making
Module 3: Data analytics and accounting
Module 4: Data and Artificial Intelligence in Business Context

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

BACHELOR'S DEGREE INITIAL STAGE STUDENTS
EXCELLENT
grade 5
Students are able to:
• Apply professional concepts expertly.
• Comply with occupational safety instructions responsibly and independently.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
GOOD
grade 3
Students are able to:
• Apply professional concepts systematically.
• Apply occupational safety instructions in their activities.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles..
SATISFACTORY,
grade 1
Students are able to:
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Welcome to study current topics related data and its meaning in business.
The study unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools
There will be collaboration with companies during the course.
Course will be in English.

Please note that this course has replaced the previous Service Business Management (R0219) course.

Learning materials and recommended literature

Strategic Analytics. Harvard Business Review Press, 2020.

Bernard, M. (2017). Data Strategy

Jackson, P. & Carruthers, C. (2019). Data Driven Business Transformation. John Wiley & Sons, Incorporated.

Listenmaa, J. (2023). Laita tieto töihin: Tiedolla johtamisen käsikirja. Alma Talent.

Co-operation with working life and/or RDI

There will be cooperation with companies that use data in their business planning and scoring.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

The study unit is conducted online and does not require attendance on campus. The study unit is completed independently following a schedule for work-based learning project documentation or demonstration of competence by a given deadline.

In addition to independent studying, the study unit includes scheduled guidance sessions and Project Assessment Discussions remotely on Zoom. Attendance in first guidance session (9th January) is mandatory and session will be partly recorded. Project Assessment Discussions take place on 11th June.

The study unit is supported by the Canvas learning environment (opens 9th January at latest) and study unit Teams channel for group and personal communication. The study unit does not include working in pairs or groups.

Please notice that there are several ways to complete the study unit:
1) Demonstration of competence (Näyttö)
2) Work-based learning project in your own workplace or in your own company etc., which covers all the learning objectives
3) If your project does not cover all the learning objectives, you can write theory reports or utilize other online courses etc. to complete learning objectives that are not covered by your project
4) If your current work does not enable you to obtain required competencies by conducting a project, it is also possible to utilize Business Simulation Game to achieve the learning objectives (to be discussed).

All possibilities will be discussed and introduced in first guidance session.

The learning objectives of the study unit are:

Having completed the study unit the student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Study unit contents:
- Strategic planning
- Management decision making
- Information systems and decision making
- Group decision making

Learning materials and recommended literature

The materials are available online in Canvas platform:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Alternative completion methods of implementation

All students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognised and accredited by the teacher responsible for the studies or another person designated to the position. The assessment is carried out according to the same assessment criteria and, as a rule, same grading scale as that adopted for the corresponding study unit or module. The student is entitled to apply for accreditation of prior competence regardless of where, how and when the competence has been acquired. The student may also seek accreditation of competence to be acquired on the job as part of their degree (work-based learning). The student is responsible for demonstrating and verifying their competence and for providing sufficient information.

For further information visit Student Intra.

Co-operation with working life and/or RDI

The work-based learning project is completed in students own workplace and organisation.

Important dates

Demonstration of competence schedule can later be found in Laurea student intra.

The Canvas workspace will open latest on 9th January 2024.

Guidance session dates can be found in the schedule section.

Deadline for project documentation is 2nd June and Project Assessment Discussions will take place on 11th June.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Students workload

One credit equals approximately 26.7 hours of work performed by the student. The number of credits of the study unit is 5 credits.

Content and scheduling

Having completed the study unit the student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Study unit contents:
- Strategic planning
- Management decision making
- Information systems and decision making
- Group decision making

Further information for students

The study unit is arranged only for the group HLF223KAM

The language used in the guidance session can be either Finnish or English.

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) "students must be present for the first contact teaching session, or they must notify the responsible teacher of their absence to confirm they intend to participate in studies, Alternatively, the teacher can specify a different manner for the student to confirm that they intend to participate in the studies. The completion of these measures can be required within a week of the studies having begun. The application of the aforementioned approach requires that the teacher notifies the students accepted to the study unit of the practice and that the practice is specifically mentioned in the study unit’s implementation plan.

If the student has a justified reason for not attending the first contact teaching session or for not notifying the teacher of their intention to be involved in studies in the manner required by the teacher, the student must contact the responsible teacher to agree on participation in the studies. Their registration for the study unit will be rejected, of the student does not notify the teacher of being absent from the first contact teaching session or the reason for their absence cannot be considered justified, Another student who is in line for the study unit can be selected in their place."

The quality of the study unit implementation has been assessed and the self-evaluation report is available in Canvas.

Grading scale

H-5

Evaluation methods and criteria

“The evaluation of competence is based on the descriptions of objectives in the curricula, and the level of competence is assessed according to the evaluation criteria listed in the implementation plan for the studies.” (Laurea degree regulations).

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

Professional knowledge basis, information searching and reporting

To achieve grade 5 student must be able to
- analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge

To achieve grade 3 student must be able to
- critically evaluate information and justify their actions with science-based knowledge

To achieve grade 1 (or pass) student must be able to
- use professional concepts in a consistent manner and demonstrate their familiarity with the knowledge basis
- report and communicate in a professional manner

Professional practice and workplace development

To achieve grade 5 student must be able to
- evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
- anticipate needs of customers and/or co-operation partners

To achieve grade 3 student must be able to
- propose creative solutions at work
- promote professional co-operation and enhance customer and partner relationships

To achieve grade 1 (or pass) student must be able to
- act independently taking into account the operating environment
- take responsibility for interaction with customers and/or co-operation partners and for responding to their needs

Teamwork, skills, leadership, and responsibility

To achieve grade 5 student must be able to
- evaluate and develop the team’s entrepreneurial and responsible approach to work
- evaluate the possibilities for utilising competence and plan their personal development and development of the team

To achieve grade 3 student must be able to
- act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of their competence in relation to the learning outcomes

To achieve grade 1 (or pass) student must be able to
- describe the significance of their actions for successful co-operation
- describe their competence in relation to the learning outcomes

“Students who has failed to demonstrate their competence in accordance with the approved level must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit.

All staff and students of Laurea are expected to adhere to good scientific practices, which includes appropriate referencing. Familiarise yourself with the practices and, if needed, ask for more information. All study assignments are to be done as individual work unless otherwise instructed. If Ouriginal is used when assignments are checked, the lecturer will inform the students of this.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures.
Link to Zoom-meetings: https://laurea.zoom.us/j/65970031781
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.
The individual exam of the study unit is made online.

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

The study unit starts 20.9.2023
Link to Zoom-meetings: https://laurea.zoom.us/j/65970031781

Forms of internationality

The study unit is suitable for exchange students

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrolment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

To achieve grade 5 student must be able to
• Apply professional concepts expertly.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
• Comply with occupational safety instructions responsibly and independently.

To achieve grade 3 student must be able to
• Apply professional concepts systematically.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles.
• Apply occupational safety instructions in their activities.

To achieve grade 1 (or pass) student must be able to
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.

Students who have failed assignments or examinations required for passing a study unit must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit.

If failing to meet each assignment deadline, penalty -20% applies.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools

There will be collaboration with companies during the course.

Course will be in English.

Please note this the same course than previous called Service Business Management (R0219).

Learning materials and recommended literature

Marr, B. (2017). Data strategy: How to profit from a world of big data, analytics and the internet of things. Kogan Page Limited.

Co-operation with working life and/or RDI

There will be cooperation with companies that use data in their business planning and scoring.

Important dates

We will have our lessons in campus and possible visits to companies. Check the schedule.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Welcome to study current topics related to data and its meaning to business.
The study unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools
There will be collaboration with companies during the course.
Course will be in English.
Please note that this course has replaced the previous Service Business Management (R0219) course.

Learning materials and recommended literature

Marr, B. (2017). Data strategy: How to profit from a world of big data, analytics and the internet of things. Kogan Page Limited.

Co-operation with working life and/or RDI

There will be cooperation with companies that use data in their business planning and scoring.

Important dates

We will have our lessons in campus. Check the schedule.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Lectures
Exam (online. individual assigment)
Business Simulation Game (online, Team assigments)

Assessment of this study unit is based on exam (30%) and team assignments (70%), and individual assignments which have to be passed (in Business Simulation Game)
Exam is based on the textbooks 1 - 4 (chapters listed below)) , lectures and the Business Simulation Game Documentation

Learning materials and recommended literature

Book 1
Strategic Management
M. Jeyarathmm. 2008. Global Media
eBook: https://ebookcentral.proquest.com/lib/laurea/detail.action?docID=3011305&query=Jeyarathmm, M.
Chapters: 1 The Strategic Management Process, 2. Missions and Goals, 5. Porter's Five Forces Model, 10. Strategy Formulation: At the Business Level, 11 Strategy Formulation: Functional Strategy
Book 2
Service Management: An integrated approach
Van Looy, B., Gemmel,P & Van Dierdonck, R. 2013. Essex:Pearson Education Limited.
Chpater 21: Defining Service Strategy (pdf document in Optima)
Book 3
The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
Lita Epstein.2012. John Wiley & Sons, Incorporated
Chapters: Chapters 1 - 5
eBook: https://ebookcentral.proquest.com/lib/laurea/reader.action?docID=818089
Book 4
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance 15 Master Budgets and Vanriance Analysis
eBook: http://ebookcentral.proquest.com/lib/laurea/detail.action?docID=4655115

Co-operation with working life and/or RDI

Business simulation in a Cesim environment.

Content and scheduling

Weekly decision making and reporting, and final report in the end.

Grading scale

H-5

Evaluation methods and criteria

According to the reports, exams and game position at the end of the game.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Please note that this course has replaced the previous Service Business Management (R0219) course.

Welcome into study current topics related to data and its meaning to business.
The study unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools
There will be collaboration with companies during the course.
Course will be held in English.

Learning materials and recommended literature

- Marr, B. (2017). Data strategy: How to profit from a world of big data, analytics and the internet of things. Kogan Page Limited.

Co-operation with working life and/or RDI

There will be cooperation with companies that use data in their business planning and scoring.

Important dates

Meetings will be held in Zoom.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

The study unit is conducted online and does not require attendance on campus. The study unit includes scheduled teaching or guidance online, which is not recorded. The study unit includes working in groups. The study unit requires active participation and commitment to interactive studying. Your group will receive feedback for assignments from the teacher, and peer feedback may also be utilised.

The study unit includes individual work and working in teams. The individual exam of the study unit is made online. Student has to pass the exam to participate Business Simulation Game. The Business Simulation Game of the study unit is played in teams in competition with other teams.

The study unit has Zoom lectures. Study unit orientation is compulsory and others strongly recommended. Please see the schedule.
The learning environment of the study unit is Canvas. Canvas workspace will open on 25th August at latest.

Assessment of this study unit is based on individual online Exam (30%) and Team assignments in Business Simulation Game (70%).

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Alternative completion methods of implementation

All students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognised and accredited by the teacher responsible for the studies or another person designated to the position. The assessment is carried out according to the same assessment criteria and, as a rule, same grading scale as that adopted for the corresponding study unit or module. The student is entitled to apply for accreditation of prior competence regardless of where, how and when the competence has been acquired. The student may also seek accreditation of competence to be acquired on the job as part of their degree (work-based learning). The student is responsible for demonstrating and verifying their competence and for providing sufficient information.

Important dates

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

This study unit has Zoom lectures. Please see the study unit schedule.

Forms of internationality

The study unit is suitable for exchange students.

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

Please see the schedule.

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) "students must be present for the first contact teaching session, or they must notify the responsible teacher of their absence to confirm they intend to participate in studies, Alternatively, the teacher can specify a different manner for the student to confirm that they intend to participate in the studies. The completion of these measures can be required within a week of the studies having begun. The application of the aforementioned approach requires that the teacher notifies the students accepted to the study unit of the practice and that the practice is specifically mentioned in the study unit’s implementation plan.

If the student has a justified reason for not attending the first contact teaching session or for not notifying the teacher of their intention to be involved in studies in the manner required by the teacher, the student must contact the responsible teacher to agree on participation in the studies. Their registration for the study unit will be rejected, of the student does not notify the teacher of being absent from the first contact teaching session or the reason for their absence cannot be considered justified, Another student who is in line for the study unit can be selected in their place."

The quality of the study unit implementation has been assessed and the self-evaluation report is available in Canvas.

Grading scale

H-5

Evaluation methods and criteria

“The evaluation of competence is based on the descriptions of objectives in the curricula, and the level of competence is assessed according to the evaluation criteria listed in the implementation plan for the studies.” (Laurea degree regulations).

Assessment of this study unit is based on individual online Exam (30%) and Team assignments in Business Simulation Game (70%). Student has to pass the exam to participate Business Simulation Game.

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

Professional knowledge basis, information searching and reporting

To achieve grade 5 student must be able to
- analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge

To achieve grade 3 student must be able to
- critically evaluate information and justify their actions with science-based knowledge

To achieve grade 1 (or pass) student must be able to
- use professional concepts in a consistent manner and demonstrate their familiarity with the knowledge basis
- report and communicate in a professional manner

Professional practice and workplace development

To achieve grade 5 student must be able to
- evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
- anticipate needs of customers and/or co-operation partners

To achieve grade 3 student must be able to
- propose creative solutions at work
- promote professional co-operation and enhance customer and partner relationships

To achieve grade 1 (or pass) student must be able to
- act independently taking into account the operating environment
- take responsibility for interaction with customers and/or co-operation partners and for responding to their needs

Teamwork, skills, leadership, and responsibility

To achieve grade 5 student must be able to
- evaluate and develop the team’s entrepreneurial and responsible approach to work
- evaluate the possibilities for utilising competence and plan their personal development and development of the team

To achieve grade 3 student must be able to
- act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of their competence in relation to the learning outcomes

To achieve grade 1 (or pass) student must be able to
- describe the significance of their actions for successful co-operation
- describe their competence in relation to the learning outcomes

“Students who has failed to demonstrate their competence in accordance with the approved level must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit. Laurea provides examination retake dates. Students must register for these examinations no later than 10 days before the retake date. A failed exam or other study attainment can be retaken twice. A failure to attend an actual examination is considered to be one completion attempt." (Laurea degree regulations.)

All staff and students of Laurea are expected to adhere to good scientific practices, which includes appropriate referencing. Familiarise yourself with the practices and, if needed, ask for more information. All study assignments are to be done as individual work unless otherwise instructed. If Ouriginal is used when assignments are checked, the lecturer will inform the students of this.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course will be organized at Tikkurila campus and online.
Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools

There will be collaboration with companies during the course.
Course will be in English.

Learning materials and recommended literature

Marr, B. (2017). Data strategy: How to profit from a world of big data, analytics and the internet of things. Kogan Page Limited.
All material needed will be found in Canvas platform for enrolled and accepted students

Co-operation with working life and/or RDI

There is one project work for company.

Important dates

This course will be organized at Tikkurila campus and online.

Forms of internationality

Study unit is suitable for Laurea exchange students and for Laurea students abroad.

Content and scheduling

The modules:
Orientation
Module 1: What is data and what does data-driven mean?
Module 2: Decision making
Module 3: Data analytics and accounting
Module 4: Business case and dashboard

Grading scale

H-5

Evaluation criteria, satisfactory (1-2)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– use professional concepts in a consistent manner and demonstrate his/her familiarity with the knowledge basis
– report and communicate in a professional manner
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– act independently taking into account the operating environment
– take responsibility for interaction with customers and/or co-operation partners and for responding to their needs
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– describe the significance of his/her actions for successful co-operation
– describe his/her competence in relation to the learning outcomes

Evaluation criteria, good (3-4)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– critically evaluate information and justify their actions with science-based knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– propose creative solutions at work
– promote professional co-operation and enhance customer and partner relationships
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of his/her competence in relation to the learning outcomes

Evaluation criteria, excellent (5)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
– anticipate needs of customers and/or co-operation partners
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– evaluate and develop the team’s entrepreneurial and responsible approach to work
– evaluate the possibilities for utilising competence and plan his/her personal development and development of the team

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools


Course will be in English.

Location and time

This is an online course.
Class and Zoom meetings: see the schedule.
Canvas workspace will be open a few days before the planned study unit start.

Learning materials and recommended literature

Study unit material will be available in Canvas workspace.

Forms of internationality

For exchange students, it’s possible to join this course.

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

The modules:
Orientation
Module 1: What is data and what does data-driven mean?
Module 2: Decision making
Module 3: Data analytics and accounting
Module 4: Data and Artificial Intelligence in Business Context

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

BACHELOR'S DEGREE INITIAL STAGE STUDENTS
EXCELLENT
grade 5
Students are able to:
• Apply professional concepts expertly.
• Comply with occupational safety instructions responsibly and independently.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
GOOD
grade 3
Students are able to:
• Apply professional concepts systematically.
• Apply occupational safety instructions in their activities.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles..
SATISFACTORY,
grade 1
Students are able to:
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools

Course will be in English.

Location and time

Start of the study unit is 06.09.2023 16.00 - 18.00.
This study unit has only Zoom lectures.The is no mandatory attendance apart of the first lecture and during possible team-presentations. Be aware that the ZOOM-lectures will not be recorded.
This study unit includes individual work and working in teams. The individual exams and group work of the study unit are made online.
The learning environment of the study unit is Canvas.Canvas workspace will be open a few days before the planned study unit start.

Learning materials and recommended literature

The materials are online and will be available as soon as Canvas opens.

Important dates

According to the degree regulations (section 18): students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. After the first contact day no new students are accepted on the course.

Forms of internationality

The study unit is suitable for exchange students

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

The modules:
Orientation
Module 1: What is data and what does data-driven mean?
Module 2: Decision making
Module 3: Data analytics and accounting
Module 4: Data and Artificial Intelligence in Business Context

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

BACHELOR'S DEGREE INITIAL STAGE STUDENTS
EXCELLENT
grade 5
Students are able to:
• Apply professional concepts expertly.
• Comply with occupational safety instructions responsibly and independently.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
GOOD
grade 3
Students are able to:
• Apply professional concepts systematically.
• Apply occupational safety instructions in their activities.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles..
SATISFACTORY,
grade 1
Students are able to:
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures.
Link to Zoom-meetings: https://laurea.zoom.us/j/65884726302
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.
The individual exam of the study unit is made online.

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

The study unit starts 1.2.2023
Link to Zoom-meetings: https://laurea.zoom.us/j/65884726302

Forms of internationality

The study unit is suitable for exchange students

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrolment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

To achieve grade 5 student must be able to
• Apply professional concepts expertly.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
• Comply with occupational safety instructions responsibly and independently.

To achieve grade 3 student must be able to
• Apply professional concepts systematically.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles.
• Apply occupational safety instructions in their activities.

To achieve grade 1 (or pass) student must be able to
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.

Students who have failed assignments or examinations required for passing a study unit must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures. Please see the schedule.
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.

The individual exam of the study unit is made online.
The Business Simulation Game of the study unit is played in teams in competition with other teams.

Assessment of this study unit is based on individual online Exam (30%) and Team assignments in Business Simulation Game (70%), and individual assignments which have to be passed (in business game and using information systems). Student has to pass the exam to participate Business Simulation Game.

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Alternative completion methods of implementation

All students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognised and accredited by the teacher responsible for the studies or another person designated to the position. The assessment is carried out according to the same assessment criteria and, as a rule, same grading scale as that adopted for the corresponding study unit or module. The student is entitled to apply for accreditation of prior competence regardless of where, how and when the competence has been acquired. The student may also seek accreditation of competence to be acquired on the job as part of their degree (work-based learning). The student is responsible for demonstrating and verifying their competence and for providing sufficient information.

Important dates

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

This study unit has Zoom lectures. Please see the study unit schedule.

Forms of internationality

The study unit is suitable for exchange students.

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

Please see the schedule.

Further information for students

The study unit corresponds to the requirements of Bachelor level education.

According to the degree regulations (section 18) ;students must be present for the first contact teaching session, or they must notify the responsible teacher of their absence to confirm they intend to participate in studies, Alternatively, the teacher can specify a different manner for the student to confirm that they intend to participate in the studies. The completion of these measures can be required within a week of the studies having begun. The application of the aforementioned approach requires that the teacher notifies the students accepted to the study unit of the practice and that the practice is specifically mentioned in the study unit’s implementation plan.

If the student has a justified reason for not attending the first contact teaching session or for not notifying the teacher of their intention to be involved in studies in the manner required by the teacher, the student must contact the responsible teacher to agree on participation in the studies. Their registration for the study unit will be rejected, of the student does not notify the teacher of being absent from the first contact teaching session or the reason for their absence cannot be considered justified, Another student who is in line for the study unit can be selected in their place.


The quality of the study unit implementation has been assessed and the self-evaluation report is available in Canvas.

Grading scale

H-5

Evaluation methods and criteria

“The evaluation of competence is based on the descriptions of objectives in the curricula, and the level of competence is assessed according to the evaluation criteria listed in the implementation plan for the studies.” (Laurea degree regulations).

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING

To achieve grade 5 student must be able to
- analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge

To achieve grade 3 student must be able to
- critically evaluate information and justify their actions with science-based knowledge

To achieve grade 1 (or pass) student must be able to
- use professional concepts in a consistent manner and demonstrate his/her familiarity with the knowledge basis
- report and communicate in a professional manner

PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT

To achieve grade 5 student must be able to
- evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
- anticipate needs of customers and/or co-operation partners

To achieve grade 3 student must be able to
- propose creative solutions at work
- promote professional co-operation and enhance customer and partner relationships

To achieve grade 1 (or pass) student must be able to
- act independently taking into account the operating environment
- take responsibility for interaction with customers and/or co-operation partners and for responding to their needs

TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY

To achieve grade 5 student must be able to
- evaluate and develop the team’s entrepreneurial and responsible approach to work
- evaluate the possibilities for utilising competence and plan his/her personal development and development of the team

To achieve grade 3 student must be able to
- act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of his/her competence in relation to the learning outcomes

To achieve grade 1 (or pass) student must be able to
- describe the significance of his/her actions for successful co-operation
- describe his/her competence in relation to the learning outcomes

“Students who has failed to demonstrate their competence in accordance with the approved level must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit. Laurea provides examination retake dates. Students must register for these examinations no later than 10 days before the retake date. A failed exam or other study attainment can be retaken twice. A failure to attend an actual examination is considered to be one completion attempt.; (Laurea degree regulations.)

All staff and students of Laurea are expected to adhere to good scientific practices, which includes appropriate referencing. Familiarise yourself with the practices and, if needed, ask for more information. All study assignments are to be done as individual work unless otherwise instructed.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course is an online course in Canvas. There are however besides a course introduction class on Leppävaara campus on 19.1.2023, two Zoom sessions on 9.2 and 9.3.2023. Please see the schedule below.
The individual exam of the course is made online on 16.2.2023.
The Business Simulation Game of the course, Cesim Service, is played in teams in competition with other teams.

Location and time

This is an online course.
Time 19.1-13.4.2023
Class and Zoom meetings: see the schedule below.

Learning materials and recommended literature

The materials are online:

Jeyarathmm, M. 2008: Strategic Management. Global Media
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex:Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making.
John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

Week 3 Introduction of the course, Leppävaara Campus at 12.30-15.
Week 5 DL of team formation.
Week 6 Zoom session at 12.30-15. Lectures. Individual registration for the Business Simulation Game.
Week 7 individual online exam at 12.30-14.
Week 10 Zoom session at 12.30-15. Discussions of the game.
Week 15 Final report and individual team work (P2P) evaluation to be saved.

Forms of internationality

For exchange students, it’s possible to join this course.

Content and scheduling

The course day is Thursday.

Week 3 Introduction of the course, Leppävaara Campus at 12.30-15.
Week 4 Self-study for the individual online exam.
Week 5 Self-study for the individual online exam. DL of team formation.
Week 6 Zoom at 12.30-15. Lectures. Individual registration for the Business Simulation Game Service. Practice round(PR) 1 starting.
Week 7 Individual online exam at 12.30-14. PR1 decisions to be saved by the DL. PR 2 starting.
Week 8 PR2 decisions to be saved by the DL. Round(R) 1 of the actual game starting. Team strategy to be formulated.
Week 9 R1 decisions to be saved by the DL. R2 starting. R1 memo to be saved by the beginning of the following week.
Week 10 Zoom at 12.30-15. Discussions of the game. R2 decisions to be saved by the DL. R3 starting. R2 memo to be saved by the beginning of the following week.
Week 11 R3 decisions to be saved by the DL. R4 starting. R3 memo to be saved by the beginning of the following week.
Week 12 R4 decisions to be saved by the DL. R5 starting. R4 memo to be saved by the beginning of the following week.
Week 13 R5 decisions to be saved by the DL. R6 starting. R5 memo to be saved by the beginning of the following week.
Week 14 R6 decisions to be saved by the DL.
Week 15 Final report and individual team work (P2P) evaluation to be saved.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Lectures
Exam (online. individual assigment)
Business Simulation Game (online, Team assigments)

Assessment of this study unit is based on exam (30%) and team assignments (70%), and individual assignments which have to be passed (in Business Simulation Game)
Exam is based on the textbooks 1 - 4 (chapters listed below)) , lectures and the Business Simulation Game Documentation

Learning materials and recommended literature

Book 1
Strategic Management
M. Jeyarathmm. 2008. Global Media
eBook: https://ebookcentral.proquest.com/lib/laurea/detail.action?docID=3011305&query=Jeyarathmm, M.
Chapters: 1 The Strategic Management Process, 2. Missions and Goals, 5. Porter's Five Forces Model, 10. Strategy Formulation: At the Business Level, 11 Strategy Formulation: Functional Strategy
Book 2
Service Management: An integrated approach
Van Looy, B., Gemmel,P & Van Dierdonck, R. 2013. Essex:Pearson Education Limited.
Chpater 21: Defining Service Strategy (pdf document in Optima)
Book 3
The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
Lita Epstein.2012. John Wiley & Sons, Incorporated
Chapters: Chapters 1 - 5
eBook: https://ebookcentral.proquest.com/lib/laurea/reader.action?docID=818089
Book 4
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance 15 Master Budgets and Vanriance Analysis
eBook: http://ebookcentral.proquest.com/lib/laurea/detail.action?docID=4655115

Co-operation with working life and/or RDI

Business simulation in a Cesim environment.

Content and scheduling

Weekly decision making and reporting, and final report in the end.

Grading scale

H-5

Evaluation methods and criteria

According to the reports, exams and game position at the end of the game.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course is an online course in Canvas. There are however besides a course introduction class on Leppävaara campus on 13.1.2023, two Zoom sessions on 10.2 and 9.3.2023. Please see the schedule below.
The individual exam of the course is made online on 3.2.2023.
The Business Simulation Game of the course, Cesim Service, is played in teams in competition with other teams.

Location and time

This is an online course.
Time 13.1-14.4.2023
Class and Zoom meetings: see the schedule below.

Learning materials and recommended literature

The materials are online:

Jeyarathmm, M. 2008: Strategic Management. Global Media
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex:Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making.
John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

Week 2 Introduction of the course, Leppävaara Campus at 12.30-15.
Week 4 DL of team formation.
Week 5 individual online exam at 12.30-14.
Week 6 Zoom session at 12.30-15. Lectures. Individual registration for the Business Simulation Game.
Week 10 Zoom session at 15.15-17.45 Discussions of the game.
Week 15 Final report and individual team work (P2P) evaluation to be saved.

Forms of internationality

For exchange students, it’s possible to join this course.

Content and scheduling

The course day is Friday and time 12.30-15 (exception week 10 on Thursday 9.3. at 15.15-17.45).

Week 2 Introduction of the course, Leppävaara Campus at 12.30-15.
Week 3 Self-study for the individual online exam.
Week 4 Self-study for the individual online exam. DL of team formation.
Week 5 Individual online exam at 12.30-14.
Week 6 Zoom at 12.30-15. Individual registration for the Business Simulation Game Service. Discussion of the simulation game. Practice round 1 (PR1) starting. Start formulating team strategy.
Week 7 PR1 decisions to be saved by the DL. Practice round 2 (PR2) starting.
Week 8 PR2 decisions to be saved by the DL. R1 of the actual game starting.
Week 9 R1 decisions to be saved by the DL. R2 starting. R1 memo to be saved by the beginning of the following week.
Week 10 Zoom at 15.15-17.45 Discussion of the game. Discussion of strategy per team. R2 decisions to be saved by the DL. R3 starting. R2 memo to be saved by the beginning of the following week.
Week 11 R3 decisions to be saved by the DL. R4 starting. R3 memo to be saved by the beginning of the following week.
Week 12 R4 decisions to be saved by the DL. R5 starting. R4 memo to be saved by the beginning of the following week.
Week 13 R5 decisions to be saved by the DL. R6 starting. R5 memo to be saved by the beginning of the following week.
Week 14 R6 decisions to be saved by the DL. Start writing the final report
Week 15 Final report and individual team work (P2P) evaluation to be saved.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Lectures (Online in Zoom)
Exam (online. individual assignment)
Business Simulation Game (online, Team assignments)

Assessment of this study unit is based on exam (30%) and team assignments (70%), and individual assignments which have to be passed (in Business Simulation Game)
The exam is based on textbooks 1 - 4 (chapters listed below)), lectures, and the Business Simulation Game Documentation

Learning materials and recommended literature

Book 1
Strategic Management
M. Jeyarathmm. 2008. Global Media
eBook: https://ebookcentral.proquest.com/lib/laurea/detail.action?docID=3011305&query=Jeyarathmm, M.
Chapters: 1 The Strategic Management Process, 2. Missions and Goals, 5. Porter's Five Forces Model, 10. Strategy Formulation: At the Business Level, 11 Strategy Formulation: Functional Strategy
Book 2
Service Management: An integrated approach
Van Looy, B., Gemmel,P & Van Dierdonck, R. 2013. Essex:Pearson Education Limited.
Chpater 21: Defining Service Strategy (pdf document in Optima)
Book 3
The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
Lita Epstein.2012. John Wiley & Sons, Incorporated
Chapters: Chapters 1 - 5
eBook: https://ebookcentral.proquest.com/lib/laurea/reader.action?docID=818089
Book 4
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance 15 Master Budgets and Vanriance Analysis
eBook: http://ebookcentral.proquest.com/lib/laurea/detail.action?docID=4655115

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course will be organized at Tikkurila campus
Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools

There will be collaboration with companies during the course.
Course will be in English.

Learning materials and recommended literature

Marr, B. (2017). Data strategy: How to profit from a world of big data, analytics and the internet of things. Kogan Page Limited.
All material needed will be found in Canvas platform for enrolled and accepted students

Co-operation with working life and/or RDI

There is one project work for company.

Important dates

This course will be organized at Tikkurila campus. There are two separate groups and two common lessons.
The lessons dates:
31.01.2023 08.30 - 11.45 B101 (136 henkilöä) All groups
14.02.2023 08.30 - 11.45 B310 (30 henkilöä) Group 1
14.02.2023 12.30 - 15.45 B310 (30 henkilöä) Group 2
14.03.2023 08.30 - 11.45 B310 (30 henkilöä) Group 1
14.03.2023 12.30 - 15.45 B310 (30 henkilöä) Group 2
27.03.2023 08.30 - 11.45 B310 (30 henkilöä) Group 1
27.03.2023 12.30 - 15.45 B310 (30 henkilöä) Group 2
25.04.2023 08.30 - 11.45 B303 (84 henkilöä) All groups

Forms of internationality

Study unit is suitable for Laurea exchange students and for Laurea students abroad.

Content and scheduling

The modules:
Orientation
Module 1: What is data and what does data-driven mean?
Module 2: Decision making
Module 3: Data analytics and accounting
Module 4: Business case and dashboard

Grading scale

H-5

Evaluation criteria, satisfactory (1-2)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– use professional concepts in a consistent manner and demonstrate his/her familiarity with the knowledge basis
– report and communicate in a professional manner
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– act independently taking into account the operating environment
– take responsibility for interaction with customers and/or co-operation partners and for responding to their needs
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– describe the significance of his/her actions for successful co-operation
– describe his/her competence in relation to the learning outcomes

Evaluation criteria, good (3-4)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– critically evaluate information and justify their actions with science-based knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– propose creative solutions at work
– promote professional co-operation and enhance customer and partner relationships
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of his/her competence in relation to the learning outcomes

Evaluation criteria, excellent (5)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
– anticipate needs of customers and/or co-operation partners
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– evaluate and develop the team’s entrepreneurial and responsible approach to work
– evaluate the possibilities for utilising competence and plan his/her personal development and development of the team

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures.
Link to Zoom-meetings: https://laurea.zoom.us/j/64281823471
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.
The individual exam of the study unit is made online.

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

The study unit starts 21.9.2022.
Link to Zoom-meetings: https://laurea.zoom.us/j/64281823471

Forms of internationality

The study unit is suitable for exchange students

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrolment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

To achieve grade 5 student must be able to
• Apply professional concepts expertly.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
• Comply with occupational safety instructions responsibly and independently.

To achieve grade 3 student must be able to
• Apply professional concepts systematically.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles.
• Apply occupational safety instructions in their activities.

To achieve grade 1 (or pass) student must be able to
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.

Students who have failed assignments or examinations required for passing a study unit must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course is an online course in Canvas. There are however besides a course introduction class on Leppävaara campus on 16.9.2022, two Zoom sessions on 14.10 and 4.11.2022. Please see the schedule below.
The individual exam of the course is made online on 21.10.2022.
The Business Simulation Game of the course, Cesim Service, is played in teams in competition with other teams.

Location and time

This is an online course.
Time 16.9-16.12.2022
Class and Zoom meetings: see the schedule below.

Learning materials and recommended literature

The materials are online:

Jeyarathmm, M. 2008: Strategic Management. Global Media
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex:Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making.
John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

Week 37 Introduction of the course, Otaniemi Campus at 9-11.30.
Week 40 DL of team formation.
Week 41 Zoom session at 9-11.30. Lectures. Individual registration for the Business Simulation Game.
Week 42 individual online exam at 9-10.30.
Week 44 Zoom session at 9-11.30. Discussions of the game.
Week 50 R7 memo, Final report and individual team work (P2P) evaluation to be saved.

Forms of internationality

For exchange students, it’s possible to join this course.

Content and scheduling

The course day is Friday

Week 37 Introduction of the course, Otaniemi Campus at 9-11.30.
Week 38 Self-study for the individual online exam.
Week 39 Self-study for the individual online exam. DL of team formation.
Week 40 Self-study for the individual online exam. DL of team formation.
Week 41 Zoom at 9-11.30. Lectures. Individual registration for the Business Simulation Game Service. Practice round(PR) 1 starting.
Week 42 Individual online exam at 9-10.30 PR1 decisions to be saved by the DL. PR 2 starting.
Week 43 PR2 decisions to be saved by the DL. Round(R) 1 of the actual game starting. Team strategy to be formulated.
Week 44 R1 Zoom at 9-11.30. Discussions of the game. Decisions to be saved by the DL. R2 starting. R1 memo to be saved by the beginning of the following week.
Week 45 R2 decisions to be saved by the DL. R3 starting. R2 memo to be saved by the beginning of the following week.
Week 46 R3 decisions to be saved by the DL. R4 starting. R3 memo to be saved by the beginning of the following week.
Week 47 R4 decisions to be saved by the DL. R5 starting. R4 memo to be saved by the beginning of the following week.
Week 48 R5 decisions to be saved by the DL. R6 starting. R5 memo to be saved by the beginning of the following week.
Week 49 R6 decisions to be saved by the DL.
Week 50 R6 memo, final report and individual team work (P2P) evaluation to be saved.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course is an online course in Canvas. There are however besides a course introduction class on Leppävaara campus on 12.9.2022, two Zoom sessions on 10.10 and 31.10.2022. Please see the schedule below.
The individual exam of the course is made online on 17.10.2022.
The Business Simulation Game of the course, Cesim Service, is played in teams in competition with other teams.

Location and time

This is an online course.
Time 12.9-12.12.2022
Class and Zoom meetings: see the schedule below.

Learning materials and recommended literature

The materials are online:

Jeyarathmm, M. 2008: Strategic Management. Global Media
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex:Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making.
John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

Week 37 Introduction of the course, Leppävaara Campus at 12.30-15.
Week 40 DL of team formation.
Week 41 Zoom session at 12.30-15. Lectures. Individual registration for the Business Simulation Game.
Week 42 individual online exam at 12.30-14.
Week 44 Zoom session at 9-11.30. Discussions of the game.
Week 50 R7 memo, Final report and individual team work (P2P) evaluation to be saved.

Forms of internationality

For exchange students, it’s possible to join this course.

Content and scheduling

The course day is Monday.

Week 37 Introduction of the course, Leppävaara Campus at 12.30-15.
Week 38 Self-study for the individual online exam.
Week 39 Self-study for the individual online exam. DL of team formation.
Week 40 Self-study for the individual online exam. DL of team formation.
Week 41 Zoom at 12.30-15. Lectures. Individual registration for the Business Simulation Game Service. Practice round(PR) 1 starting.
Week 42 Individual online exam at 12.30-14. PR1 decisions to be saved by the DL. PR 2 starting.
Week 43 PR2 decisions to be saved by the DL. Round(R) 1 of the actual game starting. Team strategy to be formulated.
Week 44 R1 Zoom at 12.30-15.Discussions of the game. Decisions to be saved by the DL. R2 starting. R1 memo to be saved by the beginning of the following week.
Week 45 R2 decisions to be saved by the DL. R3 starting. R2 memo to be saved by the beginning of the following week.
Week 46 R3 decisions to be saved by the DL. R4 starting. R3 memo to be saved by the beginning of the following week.
Week 47 R4 decisions to be saved by the DL. R5 starting. R4 memo to be saved by the beginning of the following week.
Week 48 R5 decisions to be saved by the DL. R6 starting. R5 memo to be saved by the beginning of the following week.
Week 49 R6 decisions to be saved by the DL.
Week 50 R6 memo, final report and individual team work (P2P) evaluation to be saved.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Lectures
Exam (online. individual assigment)
Business Simulation Game (online, Team assigments)

Assessment of this study unit is based on exam (30%) and team assignments (70%), and individual assignments which have to be passed (in Business Simulation Game)
Exam is based on the textbooks 1 - 4 (chapters listed below)) , lectures and the Business Simulation Game Documentation

Learning materials and recommended literature

Book 1
Strategic Management
M. Jeyarathmm. 2008. Global Media
eBook: https://ebookcentral.proquest.com/lib/laurea/detail.action?docID=3011305&query=Jeyarathmm, M.
Chapters: 1 The Strategic Management Process, 2. Missions and Goals, 5. Porter's Five Forces Model, 10. Strategy Formulation: At the Business Level, 11 Strategy Formulation: Functional Strategy
Book 2
Service Management: An integrated approach
Van Looy, B., Gemmel,P & Van Dierdonck, R. 2013. Essex:Pearson Education Limited.
Chpater 21: Defining Service Strategy (pdf document in Optima)
Book 3
The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
Lita Epstein.2012. John Wiley & Sons, Incorporated
Chapters: Chapters 1 - 5
eBook: https://ebookcentral.proquest.com/lib/laurea/reader.action?docID=818089
Book 4
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance 15 Master Budgets and Vanriance Analysis
eBook: http://ebookcentral.proquest.com/lib/laurea/detail.action?docID=4655115

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures. Please see the schedule.
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.
(opens 26th August at latest)

The individual exam of the study unit is made online.
The Business Simulation Game of the study unit is played in teams in competition with other teams.

Assessment of this study unit is based on individual online Exam (30%) and Team assignments in Business Simulation Game (70%), and individual assignments which have to be passed (in business game and using information systems). Student has to pass the exam to participate Business Simulation Game.

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Alternative completion methods of implementation

All students are entitled to demonstrate their competence. The recognition and accreditation of prior competence is initiated by the students themselves. The competence is recognised and accredited by the teacher responsible for the studies or another person designated to the position. The assessment is carried out according to the same assessment criteria and, as a rule, same grading scale as that adopted for the corresponding study unit or module. The student is entitled to apply for accreditation of prior competence regardless of where, how and when the competence has been acquired. The student may also seek accreditation of competence to be acquired on the job as part of their degree (work-based learning). The student is responsible for demonstrating and verifying their competence and for providing sufficient information.

Important dates

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrollment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

This study unit has Zoom lectures. Please see the study unit schedule.

Forms of internationality

The study unit is suitable for exchange students.

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

Please see the schedule.

Further information for students

The study unit corresponds to the requirements of Bachelor level education.

According to the degree regulations (section 18) ;students must be present for the first contact teaching session, or they must notify the responsible teacher of their absence to confirm they intend to participate in studies, Alternatively, the teacher can specify a different manner for the student to confirm that they intend to participate in the studies. The completion of these measures can be required within a week of the studies having begun. The application of the aforementioned approach requires that the teacher notifies the students accepted to the study unit of the practice and that the practice is specifically mentioned in the study unit’s implementation plan.

If the student has a justified reason for not attending the first contact teaching session or for not notifying the teacher of their intention to be involved in studies in the manner required by the teacher, the student must contact the responsible teacher to agree on participation in the studies. Their registration for the study unit will be rejected, of the student does not notify the teacher of being absent from the first contact teaching session or the reason for their absence cannot be considered justified, Another student who is in line for the study unit can be selected in their place.


The quality of the study unit implementation has been assessed and the self-evaluation report is available in Canvas.

Grading scale

H-5

Evaluation methods and criteria

“The evaluation of competence is based on the descriptions of objectives in the curricula, and the level of competence is assessed according to the evaluation criteria listed in the implementation plan for the studies.” (Laurea degree regulations).

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING

To achieve grade 5 student must be able to
- analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge

To achieve grade 3 student must be able to
- critically evaluate information and justify their actions with science-based knowledge

To achieve grade 1 (or pass) student must be able to
- use professional concepts in a consistent manner and demonstrate his/her familiarity with the knowledge basis
- report and communicate in a professional manner

PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT

To achieve grade 5 student must be able to
- evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
- anticipate needs of customers and/or co-operation partners

To achieve grade 3 student must be able to
- propose creative solutions at work
- promote professional co-operation and enhance customer and partner relationships

To achieve grade 1 (or pass) student must be able to
- act independently taking into account the operating environment
- take responsibility for interaction with customers and/or co-operation partners and for responding to their needs

TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY

To achieve grade 5 student must be able to
- evaluate and develop the team’s entrepreneurial and responsible approach to work
- evaluate the possibilities for utilising competence and plan his/her personal development and development of the team

To achieve grade 3 student must be able to
- act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of his/her competence in relation to the learning outcomes

To achieve grade 1 (or pass) student must be able to
- describe the significance of his/her actions for successful co-operation
- describe his/her competence in relation to the learning outcomes

“Students who has failed to demonstrate their competence in accordance with the approved level must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit. Laurea provides examination retake dates. Students must register for these examinations no later than 10 days before the retake date. A failed exam or other study attainment can be retaken twice. A failure to attend an actual examination is considered to be one completion attempt.; (Laurea degree regulations.)

All staff and students of Laurea are expected to adhere to good scientific practices, which includes appropriate referencing. Familiarise yourself with the practices and, if needed, ask for more information. All study assignments are to be done as individual work unless otherwise instructed.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course will be organized at Tikkurila campus
Welcome to study current topics related data and its meaning to business.
The unit will include:
- Introduction to data and data based thinking
- Data driven decision making
- Data and business
- Data and data related tools

There will be collaboration with companies during the course.
Course will be in English.

Learning materials and recommended literature

Marr, B. (2017). Data strategy: How to profit from a world of big data, analytics and the internet of things. Kogan Page Limited.
All material needed will be found in Canvas platform for enrolled and accepted students

Important dates

This course will be organized at Tikkurila campus.
The lessons dates:
13.09.2022 16.15 - 18.00
27.09.2022 16.15 - 18.00
25.10.2022 16.15 - 18.00
08.11.2022 16.15 - 18.00
28.11.2022 12.30 - 15.45

Forms of internationality

Study unit is suitable for Laurea exchange students and for Laurea students abroad.

Content and scheduling

The modules

Orientation

Module 1: What is data and what does data-driven mean?

Module 2: Decision making

Module 3: Data analytics and accounting

Module 4: Business case and dashboard

Grading scale

H-5

Evaluation criteria, satisfactory (1-2)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– use professional concepts in a consistent manner and demonstrate his/her familiarity with the knowledge basis
– report and communicate in a professional manner
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– act independently taking into account the operating environment
– take responsibility for interaction with customers and/or co-operation partners and for responding to their needs
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– describe the significance of his/her actions for successful co-operation
– describe his/her competence in relation to the learning outcomes

Evaluation criteria, good (3-4)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– critically evaluate information and justify their actions with science-based knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– propose creative solutions at work
– promote professional co-operation and enhance customer and partner relationships
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– act in a manner that promotes the team’s entrepreneurial and responsible approach to work
- describe the development of his/her competence in relation to the learning outcomes

Evaluation criteria, excellent (5)

PROFESSIONAL KNOWLEDGE BASIS, INFORMATION SEARCHING AND REPORTING
– analyse the acquired information, draw conclusions and combine theoretical knowledge with experiential knowledge
PROFESSIONAL PRACTICE AND WORKPLACE DEVELOPMENT
– evaluate the applicability of produced knowledge, skill or idea to other contexts as well as their impact
– anticipate needs of customers and/or co-operation partners
TEAMWORK SKILLS, LEADERSHIP AND RESPONSIBILITY
– evaluate and develop the team’s entrepreneurial and responsible approach to work
– evaluate the possibilities for utilising competence and plan his/her personal development and development of the team

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

Lectures
Exam (online. individual assigment)
Business Simulation Game (online, Team assigments)

Assessment of this study unit is based on exam (30%) and team assignments (70%), and individual assignments which have to be passed (in Business Simulation Game)
Exam is based on the textbooks 1 - 4 (chapters listed below)) , lectures and the Business Simulation Game Documentation

Learning materials and recommended literature

Book 1
Strategic Management
M. Jeyarathmm. 2008. Global Media
eBook: https://ebookcentral.proquest.com/lib/laurea/detail.action?docID=3011305&query=Jeyarathmm, M.
Chapters: 1 The Strategic Management Process, 2. Missions and Goals, 5. Porter's Five Forces Model, 10. Strategy Formulation: At the Business Level, 11 Strategy Formulation: Functional Strategy
Book 2
Service Management: An integrated approach
Van Looy, B., Gemmel,P & Van Dierdonck, R. 2013. Essex:Pearson Education Limited.
Chpater 21: Defining Service Strategy (pdf document in Optima)
Book 3
The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
Lita Epstein.2012. John Wiley & Sons, Incorporated
Chapters: Chapters 1 - 5
eBook: https://ebookcentral.proquest.com/lib/laurea/reader.action?docID=818089
Book 4
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance 15 Master Budgets and Vanriance Analysis
eBook: http://ebookcentral.proquest.com/lib/laurea/detail.action?docID=4655115

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures.
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.
The individual exam of the study unit is made online.

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

The study unit starts 17.3.2022.

Forms of internationality

The study unit is suitable for exchange students.

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrolment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

To achieve grade 5 student must be able to
• Apply professional concepts expertly.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
• Comply with occupational safety instructions responsibly and independently.

To achieve grade 3 student must be able to
• Apply professional concepts systematically.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles.
• Apply occupational safety instructions in their activities.

To achieve grade 1 (or pass) student must be able to
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.

Students who have failed assignments or examinations required for passing a study unit must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This study unit has Zoom lectures and there will be also one contact day at campus to support the studies. Please see the schedule.
This study unit includes individual work and working in teams.
The learning environment of the study unit is Canvas.
The individual exam of the study unit is made online.
The Business Simulation Game of the study unit is played in teams in competition with other teams.

Learning materials and recommended literature

The materials are online:

Jeyarathnam, M. 2008: Strategic Management. Global Media.
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex: Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements: How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making. John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

Weeks 8-22. This study unit has Zoom lectures and there will be also contact day at campus to support the studies. Please see the study unit schedule.

Forms of internationality

The study unit is suitable for exchange students.

Students workload

One credit equals approximately 26.7 hours of work performed by the student.

Content and scheduling

Study unit takes place in weeks 8-22.

Please see the schedule.

Further information for students

The study unit corresponds to the requirements of Bachelor's level education.

According to the degree regulations (section 18) “students must be present in the first contact session or notify their teacher in charge if they cannot attend. If they fail to notify the teacher of their absence in the first contact session, their enrolment will be rejected. Another student in the queue may be enrolled in the study unit in the place of the absent student.”

Grading scale

H-5

Evaluation methods and criteria

In this study unit the assessing of the competences will be done by using the criteria set for requirement level II.

To achieve grade 5 student must be able to
• Apply professional concepts expertly.
• Justify activities using research knowledge.
• Work independently and take initiatives in line with objectives. Operations are often flexible, systematic, development-oriented, creative and active.
• Select the appropriate techniques and models for activities, and justify the choices.
• Act in customer-oriented ways and according to the situation.
• Promote group activities.
• Able to critically apply ethical principles in the subject field in one's conduct and tasks.
• Comply with occupational safety instructions responsibly and independently.

To achieve grade 3 student must be able to
• Apply professional concepts systematically.
• Justify, compare and analyse their activities using general guidelines.
• Able to cope independently in different tasks in each operating environment.
• Apply acquired techniques and models diversely.
• Act professionally in customer situations.
• Work in a group in line with objectives.
• Justify their activities in accordance with ethical principles.
• Apply occupational safety instructions in their activities.

To achieve grade 1 (or pass) student must be able to
• Apply most important/individual and appropriate professional concepts, and indicate their familiarity with the knowledge base.
• Comply with rules and instructions, and justify their activities using provided instructions.
• Act appropriately under guidance.
• Use acquired techniques and models.
• Take customers into account in their actions.
• Act as group members.
• Act in accordance with ethical principles.
• Act safely, although activities are often schematic/ experimental/ fumbling/ self-involved.

Students who have failed assignments or examinations required for passing a study unit must supplement or retake their study attainment in a manner and schedule defined by the teacher of the study unit.

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course is an online course in Canvas. There are, however, besides a course introduction class on Otaniemi Campus on 20.1.2022, two Zoom sessions on 9.2 and 9.3.2022. Please see the schedule below.
The individual exam of the course is made online.
The Business Simulation Game of the course, Cesim Service, is played in teams in competition with other teams.

Location and time

This is an online course.
Time 20.1-13.4.2022.
Class and Zoom meetings: see the schedule below.

Learning materials and recommended literature

The materials are online:

Jeyarathmm, M. 2008: Strategic Management. Global Media
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex:Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making.
John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

Week 3 Course introduction on Otaniemi Campus at 9-11.30.
Week 5 DL of team formation.
Week 6 Zoom session at 16-18.30. Lectures. Individual registration for the Business Simulation Game.
Week 7 individual online exam at 9-10.30.
Week 10 Zoom session at 8-9.30. Discussions of the game.
Week 15 R7 memo, final report and individual team work (P2P) evaluation to be saved.

Forms of internationality

For exchange students, it’s possible to join this course.

Content and scheduling

The course day is Thursday/week 3 and Wednesday/weeks 6 and 10.

Week 3 Introduction of the course, Otaniemi Campus at 9-11.30.
Week 4 Self-study for the individual online exam.
Week 5 Self-study for the individual online exam. DL of team formation.
Week 6 Zoom at 9-11.30. Lectures. Individual registration for the Business Simulation Game Service. Practice round(PR) 1 starting.
Week 7 Individual online exam at 9-10.30. PR1 decisions to be saved by the DL. PR 2 starting.
Week 8 PR2 decisions to be saved by the DL. Round(R) 1 of the actual game starting. Team strategy to be formulated.
Week 9 R1 decisions to be saved by the DL. R2 starting. R1 memo to be saved by the beginning of the following week.
Week 10 Zoom at 16-18.30. Discussions of the game. R2 decisions to be saved by the DL. R3 starting. R2 memo to be saved by the beginning of the following week.
Week 11 R3 decisions to be saved by the DL. R4 starting. R3 memo to be saved by the beginning of the following week.
Week 12 R4 decisions to be saved by the DL. R5 starting. R4 memo to be saved by the beginning of the following week.
Week 13 R5 decisions to be saved by the DL. R6 starting. R5 memo to be saved by the beginning of the following week.
Week 14 R6 decisions to be saved by the DL.
Week 15 R6 memo, final report and individual team work (P2P) evaluation to be saved.

Grading scale

H-5

Learning outcomes

The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyze financial statements and business reports and use them as a basis for decisions
- make business decisions in various business contexts
- apply data in decision making

Teaching methods

This course is an online course in Canvas. There are however besides a course introduction class on Leppävaara campus on 14.12022, two Zoom sessions on 4.2 and 4.3.2022. Please see the schedule below.
The individual exam of the course is made online.
The Business Simulation Game of the course, Cesim Service, is played in teams in competition with other teams.

Location and time

This is an online course.
Time 14.1-8.4.2022
Class and Zoom meetings: see the schedule below.

Learning materials and recommended literature

The materials are online:

Jeyarathmm, M. 2008: Strategic Management. Global Media
Van Looy, B., Gemmel, P. & Van Dierdonck, R. 2013: Service Management: An integrated approach. Essex:Pearson Education Limited.
Epstein L. 2012: The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making.
John Wiley & Sons, Incorporated.
Vance, David E. 2012: Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. McGraw-Hill.

Important dates

Week 2 Introduction of the course, Leppävaara Campus at 9-11.30.
Week 4 DL of team formation.
Week 5 Zoom session at 9-11.30. Lectures. Individual registration for the Business Simulation Game.
Week 6 individual online exam at 9-10.30.
Week 9 Zoom session at 9-11.30. Discussions of the game.
Week 14 R7 memo, Final report and individual team work (P2P) evaluation to be saved.

Forms of internationality

For exchange students, it’s possible to join this course.

Content and scheduling

The course day is Friday.

Week 2 Introduction of the course, Leppävaara Campus at 9-11.30.
Week 3 Self-study for the individual online exam.
Week 4 Self-study for the individual online exam. DL of team formation.
Week 5 Zoom at 9-11.30. Lectures. Individual registration for the Business Simulation Game Service. Practice round(PR) 1 starting.
Week 6 Individual online exam at 9-10.30. PR1 decisions to be saved by the DL. PR 2 starting.
Week 7 PR2 decisions to be saved by the DL. Round(R) 1 of the actual game starting. Team strategy to be formulated.
Week 8 R1 decisions to be saved by the DL. R2 starting. R1 memo to be saved by the beginning of the following week.
Week 9 Zoom at 9-11.30. Discussions of the game. R2 decisions to be saved by the DL. R3 starting. R2 memo to be saved by the beginning of the following week.
Week 10 R3 decisions to be saved by the DL. R4 starting. R3 memo to be saved by the beginning of the following week.
Week 11 R4 decisions to be saved by the DL. R5 starting. R4 memo to be saved by the beginning of the following week.
Week 12 R5 decisions to be saved by the DL. R6 starting. R5 memo to be saved by the beginning of the following week.
Week 13 R6 decisions to be saved by the DL.
Week 14 R6 memo, final report and individual team work (P2P) evaluation to be saved.

Grading scale

H-5

Learning outcomes