•   Business Game A9141-3013 25.08.2021-07.10.2021  5 credits  (MSA220SN) +-
    Learning outcomes of the course
    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
    Teacher in charge

    Sini Temisevä

    Mode of delivery

    40% Face-to-face, 60% Distance learning

    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.

    Teaching methods

    The student is able to
    •use planning, analysis and decision-making tools and techniques in strategic business 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

    Evaluation methods and criteria

    REQUIREMENT LEVEL II

    Language of instruction
    • English
    Completion language(s)
    • English
    Timing

    25.08.2021 - 07.10.2021

    Enrollment period

    24.05.2021 - 30.05.2021

    Group(s)
    • MSA220SN
    Seats

    20 - 40

    Unit

    Laurea Leppävaara, service

    Teacher(s)

    Sini Temisevä

    Programme(s)

    Palveluelämysten tuottaminen ja kehittäminen (MSA2), Laurea Leppävaara (Finnish)

    Campus

    Laurea Leppävaara

    Virtual portion

    3 credits

    Evaluation scale

    H-5

    Important dates

    This game or study will be online, because of COVID-19 situation.
    Lectures, guidance and team work will be online. Zoom link: https://laurea.zoom.us/j/65991429746 (not translated)

    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

    Evaluation criteria
    Satisfactory

    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

    Good

    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

    Excellent

    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