Accounting and Finance

Accounting and Finance

15 cr

Language of instruction: English

Course dates: 11.1.2018 - 26.4.2018

225 €

TAMK Main Campus, Tampere

Registration a minimum of two weeks before the beginning of the course.

Register for course

Open University of Applied Sciences

Course dates

Corporate Finance:

18.01.2018 08.00 - 11.00              
25.01.2018 08.00 - 11.00             
01.02.2018 08.00 - 11.00              
07.02.2018 08.00 - 11.00             
15.02.2018 08.00 - 11.00              
08.03.2018 08.00 - 11.00              
15.03.2018 08.00 - 11.00             
19.03.2018 09.00 - 16.00             
20.03.2018 09.00 - 16.00             
21.03.2018 09.00 - 16.00             
22.03.2018 09.00 - 16.00             
23.03.2018 09.00 - 16.00             
05.04.2018 08.00 - 11.00         
12.04.2018 08.00 - 11.00             
19.04.2018 08.00 - 11.00

Performance Management and Control:

11.01.2018 11.00 - 14.00             
18.01.2018 11.00 - 14.00              
25.01.2018 11.00 - 14.00              
26.01.2018 14.00 - 17.00              
01.02.2018 11.00 - 14.00         
14.02.2018 11.00 - 14.00             
23.02.2018 08.00 - 11.00

Advanced Accounting and Finance:

02.02.2018 14.00 - 17.00              
16.02.2018 14.00 - 17.00              
16.03.2018 08.00 - 11.00              
19.03.2018 09.00 - 16.00             
20.03.2018 09.00 - 16.00             
21.03.2018 09.00 - 16.00             
22.03.2018 09.00 - 16.00             
23.03.2018 09.00 - 16.00             
29.03.2018 11.00 - 14.00              
04.04.2018 11.00 - 14.00              
19.04.2018 11.00 - 14.00              
26.04.2018 11.00 - 14.00


These are second year courses for students of International Business so some business knowledge is required.

Degree programme and study field

This module consists of three courses:

Corporate Finance, 4 cr, 3B00CX01-3001

The course covers the basic aspects of corporate finance, the structure and functions of financial markets and elements of decision making on financial questions.
After completing the course, students will be able to:

- Compare the investment opportunities of a company and define their profitability by using alternative investment decision criteria
- Compare the alternative sources of corporate financing
- Calculate the cost of capital
- Define how risk relates to return
- Describe the structure and functions of financial markets

Performance Management and Control, 5 cr, 3B00CX02-3001

The course is based on modern management accounting methods, frameworks and practices, laying a solid foundation on which continuing business studies and a serious business career in the field of accounting and finance can be built later on. The contents and learning experiences of the course are planned to be useful and generally applicable for every business professional.

After completing the course, students will be able to:

Prepare the major budgets of a company and participate in creation of budgeting systems.
Analyze business performance and participate in decision-making and business planning using standard budget reports.
Create business forecasts for the future, based on budget reports and other relevant business information.
Calculate the value of economic value added (EVA®) measure and utilize the DuPont approach to the return on investment (ROI) measure.
Participate in planning and implementing tailor-made strategic performance management solutions for various business cases.
Consider and try to include the effects of latest technological innovations and human aspects in any of their later business development projects.

Advanced Accounting and Finance, 6 cr, 3B00CX03-3001

Firstly, the students study and learn about the working capital management concept and theory. Studying this part is linked to understanding of typical corporate life from start-up to growth company – and further on to the mature business phase.

Secondly, a selection of advanced industry-specific and other themes and topics are assigned to the students, enabling them to link their accounting and finance studies to their own favorite industries or some most motivating current themes and topics of today's business life.

After completing the course, students will be able to:

Apply their finance and managerial accounting skills to industry-specific business cases.
See and analyze the big picture of working capital case-specifically, react immediately when necessary - and initiate business development actions based on the analysis.
Control the working capital professionally, using performance measures such as current ratio, turnover of inventory, turnovers of accounts receivable and payable, as well as gearing %.
Calculate the profitability of working capital investment using the net present value (NPV) method.
Identify the need for using advanced methods such as just-in-time (JIT) management, lean accounting and environmental accounting when necessary.
Create basic-level cash plans and cash flow forecasts.

Contact teaching group

The educational provision of the open UAS consists of degree programme courses. Contact teaching takes place either in degree student groups which have places reserved for open UAS students or in separate open UAS groups. Contact teaching of these studies is organised in degree student groups.

How to register?

Please register for the course you wish to take using the registration form provided at the top of this page. Submit the form two weeks before the beginning of the course at the latest. After that, you can contact the Open UAS Office (avoinamk@tamk.fi) to ask if there are any free places available.

Registration becomes binding 7 days before the beginning of the course. We will send an invitation to the email address you have given. The invitation will include detailed instructions about starting the studies.

TAMK’s degree students register through the student administration system, Pakki. They will be admitted if there are free places on the course. The studies are free of charge for degree students.

Payment terms

The payment term is 21 days net from the invoice date.

Cancellation terms

Registration becomes binding 7 days before the course begins. The study place has to be cancelled by contacting the Open UAS Office by email (avoinamk(at)tamk.fi). If cancelled later, the whole fee is charged. Please remember to cancel your registration in time if you cannot start the studies. It is never enough simply to inform a teacher that you wish to cancel your registration.

Updated 20.12.2017

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