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

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