Data-driven Decision Making (5 cr)

Objective

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

Location and time

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

Oppimateriaali ja suositeltava kirjallisuus

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.

Toteutustapa

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.

Toteutuksen tärkeät päivämäärät

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.

Kansainvälisyys toteutuksella

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

Sisältö ja sen jaksotus

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.

Evaluation scale

H-5