Business Game (5 cr)
Code: A9141-3012
General information
Enrollment
24.05.2021 - 30.05.2021
Timing
28.10.2021 - 09.12.2021
Number of ECTS credits allocated
5 op
Virtual proportion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Unit
Laurea Leppävaara, service
Campus
Laurea Leppävaara
Teaching languages
- English
Seats
20 - 40
Degree programmes
- Palveluelämysten tuottaminen ja kehittäminen (MSA2), Laurea Leppävaara (Finnish)
Teachers
- Sini Temisevä
Teacher in charge
Sini Temisevä
Groups
-
MSA220SNPalveluelämysten tuottaminen ja kehittäminen, päivätoteutus, S20, Leppävaara
Learning outcomes
The student is able to
- use planning, analysis and decision-making tools and techniques in strategic planning
- analyse financial statements and different kinds of business reports and use them as a basis for decisions
- make business decisions in various business contexts and consider the multidimensional aspects of these decisions
- make business decisions in groups
Teaching methods
The student is able to
•use planning, analysis and decision-making tools and techniques in strategic planning
•analyse financial statements and different kinds of business reports and use them as a basis for decisions
•make business decisions in various business contexts and consider the multidimensional aspects of these decisions
•make business decisions in groups
Learning materials and recommended literature
Book and articles:
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions
Author(s):Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance , 12 Product Costing , 13 Break-Even Analysis and Modeling, 15 Master Budgets Vanriance Analysis and 16 Pricing Theory.
Book is available as ebooks, follow links below
How to to read the eBook:
Laurea's students: (open links as a new window)
https://laurea.finna.fi/Record/nelli01.111056485280488
ADDITIONAL eBOOK SOURCES:
BarCharts, I. (2016). Accounting Terminology. Boca Raton: BarCharts, Inc.
J. Madegowda. (2007). Management accounting. Global Media.
Tiffin, R. (2007). The Finance and Accounting Desktop Guide: Accounting Literacy for the Non-financial Manager. London: Thorogood Publishing.
Tracy, J. A. (2008). Accounting for Dummies.
Sterling, M. J. (2008). Business math for dummies®. Hoboken (NJ): Wiley.
Barrow, Colin, et al. The Business Plan Workbook, Kogan Page, 2012. ProQuest Ebook Central
Barker, R. (2011). Short Introduction to Accounting.
Marriott, P., Edwards, J. R., Edwards, J. R. & Mellett, H. J. (2002). Introduction to Accounting.
Haber, J. R. (2004). Accounting Demystified. New York: AMACOM Division of American Management Association International.
Content and scheduling
Contents
Management decision making
Group decision making
Business Simulation Game
Financial statements
Income statement
Balance sheet
Cash flow statement
Budgeting
Market report
Operations report
Ratios
Further information for students
The study unit corresponds to the requirements of Bachelor's level education.
Grading scale
H-5
Evaluation methods and criteria
REQUIREMENT LEVEL II
Evaluation criteria, satisfactory (1-2)
H/1, THE STUDENT IS ABLE TO
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)
Grade 3, THE STUDENT IS ABLE TO
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)
Grade 5, THE STUDENT IS ABLE TO
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