Data-driven Decision Making (5 cr)

Code: HL00BQ82-3026

General information

Enrollment: 22.05.2023 - 11.06.2023
Registration for the implementation has ended.

Timing: 05.09.2023 - 31.12.2023
Implementation has ended.

Number of ECTS credits allocated: 5 cr

Local portion: 0 cr

Virtual proportion: 5 cr

Campus: Laurea Virtual Campus

Teaching languages: English

Seats: 20 - 80

Degree programmes: Degree Programme in Business Information Technology, Cyber Security (NCA2), Laurea Leppävaara

Teachers: Mitha Jose; Lassi Tissari

Teacher in charge: Markku Brummer

Groups: NCA221SA
Degree Programme in Business Information Technology, Cyber Security, blended learning, S21, Leppävaara; NIA221SA
Degree Programme in Business Information Technology, virtual studies, S21, Leppävaara; NTA221SA
Tietojenkäsittelyn koulutus, monimuotototeutus, S21, Leppävaara

Study unit: HL00BQ82

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

Materials

Book 1
Strategic Management
M. Jeyarathmm. 2008. Global Media
eBook: https://ebookcentral.proquest.com/lib/laurea/detail.action?docID=3011305&query=Jeyarathmm, M.
Chapters: 1 The Strategic Management Process, 2. Missions and Goals, 5. Porter's Five Forces Model, 10. Strategy Formulation: At the Business Level, 11 Strategy Formulation: Functional Strategy
Book 2
Service Management: An integrated approach
Van Looy, B., Gemmel,P & Van Dierdonck, R. 2013. Essex:Pearson Education Limited.
Chpater 21: Defining Service Strategy (pdf document in Optima)
Book 3
The Business Owner's Guide to Reading and Understanding Financial Statements : How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
Lita Epstein.2012. John Wiley & Sons, Incorporated
Chapters: Chapters 1 - 5
eBook: https://ebookcentral.proquest.com/lib/laurea/reader.action?docID=818089
Book 4
Financial analysis & decision making: tools and techniques to solve financial problems and make effective business decisions. Vance, David E.
Published:New York : McGraw-Hill, 2002.
Chapters: 1 Financial Statements and Accounting Concepts, 2 Financial Ratios and Other Measures of Performance 15 Master Budgets and Vanriance Analysis
eBook: http://ebookcentral.proquest.com/lib/laurea/detail.action?docID=4655115

Teaching methods

Lectures
Exam (online. individual assigment)
Business Simulation Game (online, Team assigments)

Assessment of this study unit is based on exam (30%) and team assignments (70%), and individual assignments which have to be passed (in Business Simulation Game)
Exam is based on the textbooks 1 - 4 (chapters listed below)) , lectures and the Business Simulation Game Documentation

Employer connections

Business simulation in a Cesim environment.

Content scheduling

Weekly decision making and reporting, and final report in the end.

Evaluation scale

H-5