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 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