Study Guide

Objective

The student understands the basic concepts of financial management and knows the legislation related to financial management.
They know the basic of bookkeeping and financial statement.
Student understand the concept of value-added tax and is familiar with value-added tax and corporate taxation.
Student knows how to do bookkeeping with electronic financial management system.
Student understands the basic concept of cost-volume profit analysis and pricing for small business.

Competences: Economics and Financial Management Competence

Content

- Accounting legislation
- Bookkeeping
- Corporate taxation and VAT
- CVP and pricing

Location and time

Spring semester 2025 from week 3 to 13

Materials

Book: Business Accounting and Finance by Catherine Gowthorpe 5th edition and

Lecture materials and exercises

Teaching methods

Learning process is organized lectures, independent studies and knowledge acquisition activities.

Exam schedules

The first exams for the two topics are given below. Both exams can be redone at a later date.

1) Cost Accounting exam X.2.2025 and Financial Accounting exam x.3.2025
2) end of April 2025 (can change)
3) end of May 2025 ( can change)

Completion alternatives

There are no other ways to complete the study unit.

Content scheduling

• CVP and pricing
• Accounting legislation
• Bookkeeping
• Corporate taxation and VAT
* Financial Statement Analysis

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Financial management:
The student knows the basics of bookkeeping and financial statements.
The student understands the concept of value-added tax and is familiar with value-added tax and corporate taxation.
He/she understands the basic concept of cost-volume profit analysis and pricing for SMEs.

Level 2
Financial management:
The student knows how to apply bookkeeping and compile financial statements.
The student is able to use value-added tax and understands the taxation procedures related to value-added tax and corporate taxation.
He/she is able to use the basic concept of cost-volume profit analysis and pricing for SMEs.

Assessment criteria, good (3)

Level 3
Financial management:
The student understands the role of financial management in business.
He/she knows basics of accounting and can apply them to small business.
The student knows how to apply cost-volume profit analysis and pricing for SMEs

Level 4
Financial management:
The student has a good knowledge of financial management.
The student is able to apply accounting process to SMEs with assistance.
The student is able to calculate a company’s financial and operational performance.
He/she knows the role of cost-volume profit analysis and pricing in company’s financial performance.

Assessment criteria, excellent (5)

Level 5
Financial management:
The student has an excellent knowledge of financial management.
The student is able to apply accounting process to SMEs independently.
The student is able to evaluate a company’s financial and operational performance.
He/she understands the role of cost-volume profit analysis and pricing in company’s financial performance.

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation.
• Exam 80 % (0/1-5)
- Exam 1 30p topic Cost Accounting (Individual)
- Exam 2 50p topic Financial Accounting ( Individual)
• Case 1: 15 % Interpreting financial statement (0/1-5)
• Case 2: 5 % Taxation Quiz (individual) pass/fail
• Bookkeeping software assignment (individual) pass/fail
• Starting level exam pass/fail (Individual)

All assignments are done individually.
Also, assignments must be done and passed to complete the study unit.

Plagiarism and use of references:

Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitit) will be used.
Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions.


Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Assessment criteria, fail (0)

The student does not complete the assignments/ requirements according to instructions or does not attend the learning situations at all. He/she does not pass the assignments and/or the exam as required.

Assessment criteria, satisfactory (1-2)

Financial management:
The student knows the basic of bookkeeping and financial statements. The student understands the concept of value-added tax and is familiar with value-added tax and corporate taxation. He/she understands the basic concept of cost-volume profit analysis and pricing for SMEs.

The student has an excellent knowledge of financial management. The student is able to apply accounting process to SMEs independently. The student is able to evaluate a company’s financial and operational performance. He/she understands cost-volume profit analysis and pricing in company’s financial performance.

Assessment criteria, good (3-4)

Financial management:
The student understands the role of financial management in business. He/she knows basics of accounting and can apply them to small business. The student knows how to ably cost-volume profit analysis and pricing for SMEs.

Assessment criteria, excellent (5)

Financial management:
The student has an excellent knowledge of financial management. The student is able to apply accounting process to SMEs independently. The student is able to evaluate a company’s financial and operational performance. He/she understands cost-volume profit analysis and pricing in company’s financial performance.

Qualifications

NULL

Objective

The student has essential writing, speaking and presentation skills needed in managerial setting in business.
The student is able to communicate in variety of business situations and he/she is able to identify and adjust to the ethical aspects of business communication.
The student understands the role of communication in managing conflicts in organisations and he/she is able to communicate in crises.

Competences: Operating in a workplace Competence, Internationality and Multiculturalism Competence

Content

- Managerial business communication (writing, speaking and presentations)

- Recruitment communication from the employer´s point of view

- Ethical aspects of business communication

- Business communication as a tool for managing conflicts

- Crisis communication

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The principles of business communication:
The student understands the basic principles of business communication and the role of communication in recruitment and managing conflicts.
The student is able to communicate in basic business situations and according to the company values.
The student is familiar with the basic principles of crisis communication.

Level 2
The principles of business communication:
The student understands basic principles of business communication and the role of communication in recruitment and managing conflicts.
The student is able to communicate in business situations and according to the company values.
He/she understands the basic principles of crisis communication.

Assessment criteria, good (3)

Level 3
The principles of business communication:
The student understands the principles of business communication and is able to analyse the role of communication in recruitment and managing conflicts.
The student is able to analyse and communicate in a variety of business situations and according to the company values.
He/she is able to analyse and act according to the principles of crisis communication.

Level 4
The principles of business communication:
The student is able to evaluate and utilise several business communication tools and evaluate the role of communication in recruitment and managing conflicts.
The student is able to effectively communicate in a variety of business situations and according to the company values. The student is able to use different means of crisis communication.

Assessment criteria, excellent (5)

Level 5
The principles of business communication:
The student is able to evaluate and utilise a wide array of business communication tools and critically evaluate the role of communication in recruitment and managing conflicts.
The student is able to effectively communicate in a variety of business situations and according to the company values. The student is able to use different means of crisis communication effectively.

Qualifications

NULL

Objective

The student knows the legal environment of a company.
The student knows the basics of contract and corporate law and their meaning and role in business.
He/she can retrieve and apply legal information.
He/she recognises main legal factors and challenges in business in the field of contract and corporate law.

Comptences: Law and Risk Management Competence

Content

Basics of contract law:
- an overview of Finnish legislation and the courts of justice
- law of the person
- the meaning and contents of contract
- different types of contracts
- sale of goods
- consumer protection
- the main principles of compensation for damage

Basics of corporate law:
- freedom of trade
- establishing a company
- company forms and their special features

Searching and applying judicial knowledge into practice in the field of contract and corporate law.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Business Law:
The student knows the basics of contract and corporate law.
He/she can retrieve and apply legal information in simple cases as well as recognize the meaning of legal factors and main legal challenges in business in the field of contract and corporate law.

Level 2
Business Law:
The student can explain the basic knowledge of contract and corporate law and give examples of them.
He/she is able to find and use this legal information with assistance but cannot fully apply it.
He/she can give examples/describe legal challenges in business in the field of contract and corporate law.

Assessment criteria, good (3)

Level 3
Business Law:
The student understands the basics of contract and corporate law.
He/she can retrieve and apply relevant legal information by leaning on the study material/given instructions.
The student has an understanding of legal factors and main legal challenges in business.

Level 4
Business Law:
The student has good knowledge and understanding of the basics of contract and corporate law.
The student is able to take legal factors into account when making decisions.

Assessment criteria, excellent (5)

Level 5
Business Law:
The student has a command of the basics of contract and corporate law.
He/she can efficiently retrieve and apply legal information in business problem solving and justify the decisions.
The student can foresee legal challenges in business in the field of contract and corporate law.

Qualifications

NULL

Objective

The student recognizes business opportunities and the basic business processes and their interconnection. The student knows and the process of establishing a business. He/she understands the main principles of profitable and responsible business.

The student is able to take responsibility of his/her own actions. He/she knows how to be an active team member and reflect his/her team members and own performance.

The student is able to perform business related tasks as a team member.

Competences: Learning to learn Competence, Ethics Competence, Operating in a workplace Competence, Proactive Development Competence, Economics and Financial Management Competence, Marketing and Sales Competence, Law and Risk Management Competence

Content

- Teamwork and rules
- Team business project
- Brainstorming/developing a business idea
- Establishing and starting a business
- Sales pitch
- Business planning tools
- Productisation and pricing
- Implementing business idea and processes
- Organizing an event
- Day to day financial management

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Business planning:
The student is able to recognise business opportunities and business processes and how they are connected to one another.
He/she understands main principles of profitable and responsible business.
The student is able to take responsibility for his/her actions and understands what it takes to be a productive team member.
The students is able to perform business related tasks with assistance.

Level 2
Business planning:
The student is able describe business opportunities and business processes and how they are connected to one another.
He/she is able to apply profitability-thinking in business planning calculations and is able to take into account responsibility in business planning.
The student is able to perform as productive team member.
The student is able to perform business related task with according to given instructions.

Assessment criteria, good (3)

Level 3
Business planning:
The student is able to utilize business knowledge in business planning and he/she is able to analyse business opportunities.
He/she is able to analyse business processes and is able to analyse reasons behind profitable and responsible business.
The student is able to take responsibility for his/her actions and has an active role as productive team member.
The student is able to perform business related tasks.

Level 4
Business planning:
The student is able to utilize business knowledge and to make justified choices in business planning.
He/she is able to justify made decisions based on profitability and responsibility of the business.
The student understands the meaning of each team member’s contribution to the whole team. The student is able to perform on his/her own initiative.
The student is able to perform business related tasks fluently and independently.

Assessment criteria, excellent (5)

Level 5
Business planning:
The student has adopted an entrepreneurial thinking for his/her business idea.
He/she is able to critically analyse business processes and is able to critically analyse reasons behind profitable and responsible business.
The student is able to take responsibility for the team and its actions and bring ideas to develop the team.
The student is able to perform business related task proficiently.

Qualifications

NULL

Objective

The student recognises megatrends and their effects on work life. He/she knows how the constant changes in work life effect on one’s skills and knowledge needed in work life.

The student is able to recognise his/her strengths and weaknesses and is able to use the strengths, experience and personal interests in creating a digital professional profile and a CV.

The student knows the basic self-branding techniques and is able to apply them in creating and developing a professional profile and personal brand. He/she is able to use social media tools in professional networking and building a professional profile.

The student is able to explore suitable career options and create a job seeking and professional development plan. The student has job seeking knowledge and skills and is able to apply them in practise.

Competences: Learning to learn Competence, Operating in a workplace Competence, Marketing and Sales Competence

Content

- megatrends and work life changes
- digitalisation: tools and skills
- professional profile: self-assessment
- career planning (role clarity, growth plan)
- self-branding techniques
- social media: role in job seeking and networking, interaction with the target audience
- hiring framework: job seeking documents (CV, cover letter, portfolio, application letters), process (LinkedIn recruiter profile, hidden jobs etc.)
- job seeking knowledge and skills: appropriate employers in the field, interview prep
- job simulation, job seeking plan

The implementation plan: https://moodle.eoppimispalvelut.fi/pluginfile.php/1717492/mod_resource/content/4/2023-IB%20Career%20Planning%20and%20Self%20Branding.pdf

Location and time

The study unit is going from October to end of November 2024

Materials

Material is provided during the study unit implementation

Teaching methods

Learning process is organized through project work and problem-solving process. It includes teamwork, team tasks and independent work.

Employer connections

Guest lecturer from local company

Exam schedules

Return date for assignments is 2nd of December

Further information

Please note that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations. The utilisation of AI tools (such as for example Chat GPT) is forbidden for any kind of written assignment task that is given, in order to prevent to diminish the individual learning experience.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Megatrends and changes in work life and their effects on required competence:
The student is able to recognise megatrends and changes in work life and their effects on required competence.

The student is able to name his/her strengths and weaknesses and take into account the strengths, experience and personal interests in creating a digital professional profile and a CV.

He/she knows the basic self-branding techniques and is able to apply them. He/she is able to use social media tools in professional networking and building a professional profile.

The student has job seeking knowledge and skills and is able to explore suitable career options. He/she is able to make a job seeking and simple professional development plan.

Level 2
Megatrends and changes in work life and their effects on required competence:
The student knows megatrends and changes in work life and their effects on required competence.

The student knows his/her strengths and weaknesses and is able to use them and his/ her personal experience and interests in creating a digital professional profile and a CV.

He/she knows the basic self-branding techniques and is able to apply them. He/she is able to use suitable social media tools in professional networking and building a professional profile.

The student has a satisfactory job seeking knowledge and skills and is able to use them in exploring suitable career options. He/she is able to make a suitable job seeking and professional development plan.

Assessment criteria, good (3)

Level 3
Megatrends and changes in work life and their effects on required competence:
The student understands the effects of megatrends and changes in work life on required competence.

The student is able to describe his/her strengths and weaknesses and is able to utilize them together with personal interests in creating a digital professional profile and a CV.

He/she understands the self-branding techniques and is able to apply them. He/she is able to utilise social media tools in professional networking and building a professional profile.

The student has good job seeking knowledge and skills and is able to explore suitable career options and make a reasoned job seeking and professional development plan.

Level 4
Megatrends and changes in work life and their effects on required competence:
The student has a command of the effects of megatrends and changes in work life on required competence.

The student has good understanding of his/her strengths and weaknesses and understands their meaning in creating a digital professional profile and a CV.

The student is able to make justified choices when using the self-branding techniques and social media tools in building a professional profile.

The student has excellent job seeking knowledge and skills and is able to utilise them in exploring suitable career options and make a reasoned job seeking and professional development plan.

Assessment criteria, excellent (5)

Level 5
Megatrends and changes in work life and their effects on required competence:
The student is able to utilise the megatrends and changes in work life on his/her career planning and professional development.

The student is able to critically analyse his/her strengths and weaknesses in creating a digital professional profile and a CV.

He/she has a command of the self-branding techniques and is able to apply them. He/she is able to utilise social media tools in professional networking and building a professional profile.

The student has excellent job seeking knowledge and skills is able to critically analyse different career options and create a reasoned job seeking and professional development plan.

Assessment methods and criteria

• Swot analysis (0/1-5)
• Smart task (0/1-5)
• Final presentation (0/1-5)
• In class activity (60% presence in order to pass the study unit since course includes in-class assignments and participation

All assignments must be done according to instructions in order to pass the study unit (including the in-class assignments).

Qualifications

NULL

Further information

Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

The course applies principles of responsible use of AI: https://www.lapinamk.fi/en/Students/Forms-and-guidelines/Responsible-use-of-AI

Objective

The student understands the principles and processes of Competitive Intelligence.
The student understands the most common techniques used in Competitive Intelligence and he/she is able to apply them into real life cases.
The student is aware of tools used in Competitive Intelligence and he/she recognises the role it plays in modern companies.
The student is able to monitor markets and do basic business forecasting.

Competences: Learning to learn Competence, Economics and Financial Management Competence, Marketing and Sales Competence

Content

- Principles, processes and role of Competitive Intelligence

- Common techniques and how to apply them to real life cases

- Tools of Competitive Intelligence

- Information gathering and analysing

- Market monitoring

- Forecasting

- Weak signals

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Principles, processes and role of Competitive Intelligence:
The student knows the principles and processes of competitive intelligence and he/she is able to apply competitive intelligence techniques and tools into practice.

The student is aware of the role of competitive intelligence in business and he/she is able to do basic market monitoring and forecasting.

Level 2
Principles, processes and role of Competitive Intelligence:
The student has a rising understanding of the principles and processes of competitive intelligence and he/she is able to apply competitive intelligence techniques and tools into practice.

He/she is able to analyse and utilise competitive intelligence techniques and tools into practice. He/she is able to do market monitoring and forecasting and make conclusions based on the information gathered.

Assessment criteria, good (3)

Level 3
Principles, processes and role of Competitive Intelligence:
The student understands the principles and processes of competitive intelligence.

He/she is able to analyse and utilise appropriate competitive intelligence techniques and tools into practice. He/she is able to do market monitoring and forecasting and make justified conclusions based on the information gathered.

Level 4
Principles, processes and role of Competitive Intelligence:
The student has a wide understanding of the principles and processes of the competitive intelligence.

He/she is able to evaluate and utilise appropriate competitive intelligence techniques and tools into practice. He/she is able to justify and analyse the results of market monitoring and forecasting.

Assessment criteria, excellent (5)

Level 5
Principles, processes and role of Competitive Intelligence:
The student has a command of the principles and processes of the competitive intelligence.

He/she is able to critically evaluate and successfully utilise appropriate competitive intelligence techniques and tools into practice. He/she is able to do critically analyse the results of market monitoring and forecasting.

Assessment methods and criteria

Assessment in based on following assignments:
- Article exams, individual (30%)
- Future foresight and competitive intelligence tools and methods, group work (20%)
- Information Gathering Report, group work (50%)
- Plan for Information gathering, group work (pass-fail)
- Futures Foresight Workshop (pass-fail)

Objective

The student knows innovation process, innovation tools and is able to apply them into practise when creating sustainable, commercialised customer oriented and viable ideas.
He/she understands the role of innovations in global business world and in entrepreneurship.
He/she understands role of technology and disruptive ideas that create change beyond standard business models.
The student knows the basics of IP Rights and their use in protecting new ideas.
He/she is able to take IP Rights into account in innovation process.
He/she understands the meaning of IP Rights in commercialisation of new ideas.
The student is able to create and analyse his/her own innovation project.

Competences: Proactive Development Competence, Sustainable Development Competence

Content

- Innovation

- Innovation process

- Innovation tools

- Role of innovation

- Role of technology

- Innovation project

- Commercialisation of innovation

- Creating a sample or a prototype

- IP Rights and their application

Location and time

Obligatory attendance 80% in Innovation parts.

Materials

Material is provided during the study unit implementation

Additional innovation themed literature:

• Cagan, J., Nussbaum, B., Tillman, M. & Vogel, C. M. (2003). Creating Breakthrough Products: Innovation from Product Planning to Program Approval. Upper Saddle River, NJ: Prentice Hall PTR.


• LaSalle, D. & Britton, T. A. (2003). Priceless: Turning ordinary products into extraordinary experiences. Boston, Mass: Harvard Business School.


• van Oosterom, A., Stickdorn, M., Belmonte, B., Beuker, R., Bisset, F., Blackmon, K., . . . Schneider, J. (2010). This is service design thinking: Basics - tools - cases. Amsterdam : Hoboken, NJ: Bis Publishers , Wiley.


• Prahalad, C. K., Krishnan, M. S. & Krishnan, M. S. (. S. (2008). The new age of innovation: Driving created value through global networks. New York (NY): McGraw-Hill.

Employer connections

Commission from a company or other stakeholder.

Further information

A degree student attending the University of Lapland can register free of charge for LUC studies offered by the Lapland University of Applied Sciences, if the studies can be linked to their own degree. Enrollment takes place through: https://hakeutuminen-amk.peppi4.lapit.csc.fi/web/hakijan-tyopoyta/#3729

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The innovation process and tools:
The student knows the innovation process and tools and is able to apply them into practise with assistance when creating sustainable, commercialised, customer oriented and viable ideas.

He/she understands the role of innovations and role of technology and disruptive ideas that create change beyond standard business models.

The student knows the basics of IP Rights and their use in protecting new ideas and is able to take them into account in innovation process.

He/she understands the meaning of IP Rights in commercialisation of new ideas.

The student is able to create and analyse his/her own innovation project with assistance.

Level 2
The innovation process and tools:
The student can describe the innovation process and tools with examples and is able to apply them some of them independently when creating sustainable, commercialised, customer oriented and viable ideas.

The student is able to apply innovations in creating change.

The student can describe and give examples of IP Rights and their use in protecting new ideas and is able to take them into account in innovation process.

Assessment criteria, good (3)

Level 3
The innovation process and tools:
The student understands the innovation process and tools and is able to apply them.

The student is able to utilise innovations in creating change.

He/she understands the basics of IP Rights and is able to utilise them in innovation process.

He/she is able to create and analyse his/her own innovation project.

Level 4
The innovation process and tools:
The student has a command the innovation process and tools and is able to apply them in a creative way.

The student is able to utilise and evaluate innovations in creating meaningful change.

He/she is able to choose suitable IP Rights tools to protect his/her idea in the innovation process and justify the choices made.

He/she is able to create and reflect his/her own innovation project and its outcomes.

Assessment criteria, excellent (5)

Level 5
The innovation process and tools:
The student is able to choose suitable innovation tools and utilise them for his/her innovation project.

The student is able to utilise and critically evaluate innovations in creating positive change.

He/she is able to make an IP strategy for his/her innovation.

He/she is able to critically analyse his/her innovation project and the viability of the idea.

Assessment methods and criteria

Innovations / Elisa 80 %
- Portfolio and Final presentation
- Self and Peer evaluation (pass/fail)
IP Rights / Leena 20 %
- IPR Strategy and participation in the workshop
- the Copyright Expert Badge (pass/fail) independently

Assessment criteria, fail (0)

The student does not complete the assignments/ requirements according to instructions or does not attend the learning situations at all. He/she does not pass the assignments and/or the exam as required.

Assessment criteria, satisfactory (1-2)

The student knows the innovation process and tools and is able to apply them into practise with assistance when creating sustainable, commercialised, customer oriented and viable ideas.
He/she understands the role of innovations and role of technology and disruptive ideas that create change beyond standard business models.
The student knows the basics of IP Rights and their use in protecting new ideas and is able to take them into account in innovation process. He/she understands the meaning of IP Rights in commercialisation of new ideas.
The student is able to create and analyse his/her own innovation project with assistance.

Assessment criteria, good (3-4)

The student understands the innovation process and tools and is able to apply them.
The student is able to utilise innovations in creating change.
He/she understands the basics of IP Rights and is able to utilise them in innovation process.
He/she is able to create and analyse his/her own innovation project.

Assessment criteria, excellent (5)

The student is able to choose suitable innovation tools and utilise them for his/her innovation project.
The student is able to utilise and critically evaluate innovations in creating positive change.
He/she is able to make an IP strategy for his/her innovation.
He/she is able to critically analyse his/her innovation project and the viability of the idea.

Qualifications

NULL

Objective

The student understands the basic concepts of economics.
He/she knows the difference between micro and macroeconomics.
The student understands the fundamentals of microeconomics; supply and demand and the connection to market prices.
He/she understand the basic of macroeconomics and knows some of the key macroeconomic indicators.
The student is able to understand the connection between business and economics.

Competences: Economics and Financial Management competence

Content

- Microeconomics
- Supply and demand
- Markets and competition
- Macroeconomics
- National economy
- Inflation
- Labour markets
- Fiscal and Monetary policy
- Economics Growth
- International trade

Location and time

The study unit is going from September to end of November 2024

26.09.2024 09.00 - 11.30 A206 (45 persons)
02.10.2024 12.30 - 15.00 A305 Active Arctic Lab (42 persons)
10.10.2024 09.00 - 11.30 C315 (36 persons)
24.10.2024 12.30 - 15.00 A305 Active Arctic Lab (42 persons)
25.10.2024 12.30 - 15.00 A305 Active Arctic Lab (42 persons)
04.11.2024 12.30 - 15.00 A320 (60 persons)
05.11.2024 09.00 - 11.30 A309 (42 persons)
12.11.2024 12.30 - 15.00 A309 (42 persons)
14.11.2024 12.30 - 15.00 A309 (42 persons)
18.11.2024 09.00 - 11.30 A309 (42 persons)
25.11.2024 12.30 - 15.00 A147 Showroom (100 persons)
28.11.2024 09.00 - 11.30 A216 (50 persons)

Materials

Material is provided during the study unit implementation o The Economy from the Corecon. Can be found free online: https://core-econ.org/the-economy/book/text/0-3-contents.html • Moodle –materials

Teaching methods

Learning process is organized through the project work and problem-solving process. It includes teamwork, team tasks, team tutoring, independent studies and knowledge acquisition activities.

Exam schedules

The exam will be on November 28th, 2023 in Room A 216 (Jokiväylä campus)

There will be a possibility for a retake exam - Date and Place TBD

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Economics:
The student knows the difference between micro and macroeconomics and is able to identify key macroeconomic indicators.

The student understands the circular flow of economy and is able to describe cause-and effect relations in economy.

He/she understands the main terms, indicators of economics and the connection between business and economics.

Level 2
Economics:
The student understand the differences between micro and macroeconomics and understand the use of key macroeconomic indicators.

The student understands the circular flow of economy and is able to describe and give examples of cause- and effect relations in economy.

He/she understands the main terms, indicators of economics and is able to create and describe connection between business and economics.

Assessment criteria, good (3)

Level 3
Economics:
The student knows how to analyse cause and effect situations in relation to economics.

He/she is able to compile, and study reports related to national economy.

He/she is able to justify why economical changes are relevant to business.

Level 4
Economics:
The student knows how to analyse, describe cause and effect situations in relation to economics.

He/she is able to analyse reports related to national economy.

He/she is able to utilize and justify why economical changes are relevant in business and foresee some business opportunities based on the current economic situation.

Assessment criteria, excellent (5)

Level 5
Economics:
The student is able to analyse the current national and global economic situation.

He/she is able to use both micro and macroeconomic information to create analysis of the current business environment.

He/ she has excellent understanding of the connection between business and economics.

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation.
• Exam 40 % (0/1-5)
• Presentations 60 % (0/1-5)

Assignments (pass/fail)

All assignments must be done according to instructions in order to pass the study unit (including the in-class assignments).

Plagiarism, AI tools and use of references:

Please note that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations. The utilisation of AI tools (such as for example Chat GPT) is forbidden for any kind of written assignment task that is given, in order to prevent to diminish the individual learning experience.

Assessment criteria, fail (0)

The student does not complete the assignments/ requirements according to instructions or does not attend the learning situations at all. He/she does not pass the assignments and/or the exam as required.

Assessment criteria, satisfactory (1-2)

Grade 1:

The student knows the difference between micro and macroeconomics and is able to identify key macroeconomic indicators.
The student understands the circular flow of economy and is able to describe cause-and effect relations in economy.
He/she understands the main terms, indicators of economics and the connection between business and economics.

Grade 2:

The student understand the differences between micro and macroeconomics and understand the use of key macroeconomic indicators.
The student understands the circular flow of economy and is able to describe and give examples of cause- and effect relations in economy.
He/she understands the main terms, indicators of economics and is able to create and describe connection between business and economics.

Assessment criteria, good (3-4)

Grade 3:

The student knows how to analyse cause and effect situations in relation to economics.
He/she is able to compile, and study reports related to national economy.
He/she is able to justify why economical changes are relevant to business.

Grade 4:

The student knows how to analyse, describe cause and effect situations in relation to economics.
He/she is able to analyse reports related to national economy.
He/she is able to utilize and justify why economical changes are relevant in business and foresee some business opportunities based on the current economic situation.

Assessment criteria, excellent (5)

Grade 5:

The student is able to analyse the current national and global economic situation. He/she is able to use both micro and macroeconomic
information to create analysis of the current business environment. He/ she has excellent understanding of the connection between business
and economics.

Qualifications

NULL

Objective

The student knows the main content of the sector’s essential labour legislation and collective agreements and can apply them.
The student knows the basics of protection of privacy at a work place.
Student is familiar with the payroll and understand the main principles of payroll.
The student knows the connection between payroll and relevant legislations.
He/she is able to make basic payroll calculations.

Competences: Operating in a workplace Competence, Law and Risk Management Competence

Content

- main principles of employment and labour law

- legal factors in recruiting

- legal factors in employment relationship

- termination of employment contract

- protection of privacy at a workplace (GDPR)

- payroll

Location and time

Fall 2024. Weeks 36-41.

Materials

Will be given in the beginning of the study unit.

Teaching methods

Learning process is organized through the project work and problem-solving process. It includes lectures, teamwork, team tasks, team tutoring, independent studies and knowledge acquisition activities.

Employer connections

Study unit assignments are based on working life real situations and examples.
Possible work life visitor(s) in class.

Exam schedules

Employment and labour law case presentations on week 40.
Employment and labour law exam on week 40.
Payroll exam on week 41.

Content scheduling

Weeks 36-41.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The principles of essential labour legislation:
The student can list main duties and rights of an employer and employee.
He/she can solve simple employment and labour law cases.
The student knows the connection between payroll and relevant legislations.
He/she is able to make basic payroll calculations.

Level 2
The principles of essential labour legislation:
The student knows main duties and rights of an employer and employee.
The student understands the connection between payroll and relevant legislations.
He/she is able calculate payroll related calculations.

Assessment criteria, good (3)

Level 3
The principles of essential labour legislation:
The student is able to demonstrate by using examples the main duties and rights of an employer and employee.
He/she can solve cases by leaning to the given instructions and material.
The student is able to take care of company’s payroll and knows the relevant legal obligations.

Level 4
The principles of essential labour legislation:
Student has good knowledge of employment and labour law.
He/she is able to give correct conclusions and justifications when applying the legislation in most cases.
The student has the knowledge and skills to take care of company’s payroll related specific situations and knowledge of the legal obligations.

Assessment criteria, excellent (5)

Level 5
The principles of essential labour legislation:
The student understands the meaning of legal factors in the field of employment and labour law in an organisation.
He/she can foresee and solve employment and labour law related problems by justifying the decisions with relevant legislation.
The student is able to apply relevant legislation and collective agreements in different payroll situations.
He/she understands the relevance of payroll in a company.

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation.
A more detailed assessment plan is given in the implementation plan.

1) Employment and Labour Law 50%

-Cases 40% of law

-Individual exam 10% of law

2) Payroll 50%

-Individual assignment 10% of payroll (Fail/1-5)

-Individual exam 40% of payroll (fail/1-5)


Notice! Using AI -tools (for example ChatGPT) is forbidden in this study unit since it hinders the learning of the students and achieving the learning goals. Turnitin is able to recognize the use of AI.

Plagiarism and use of references:
Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Objective

The student is able to utilise possibilities offered by Lapland UAS when planning and implementing his/her studies.
He/she knows various features of the different learning approaches used in Lapland UAS.
He/she is an active learner in different learning environments.
He/she knows how to use services of Lapland UAS and to follow its principles and academic regulations.
The student is able to retrieve information as part of his/her learning process and its development.
The student knows cross-cultural concepts and theories and is able to apply them in teamwork. He/she gains the basic skills of working in teams.
The student knows basics of business and basic business terminology.

Competences: Learning to learn Competence, Ethics Competence, Operating in a workplace Competence, Internationality and Multiculturalism Competence, Economics and Financial Management Competence

Content

- Personal skills and competencies regarding to study skills, learning and self-development

- Cross-cultural concepts and theories

-Team work in international teams and groups

- Study skills for international higher education: information acquisition, researching, academic writing, referencing sources

- Rules and regulations of Lapland UAS

- Lapland UAS electronic tools and formats

- Basics of business

- Basic business terminology

Location and time

Fall 2024, weeks 36-48.

Materials

Will be given in the implementation plan / during the implementation.

Teaching methods

Learning process is organized through the project work and problem-solving process. It includes teamwork, team tasks, team tutoring, independent studies and knowledge acquisition activities.

Employer connections

Field trip / business visit and presentation

Exam schedules

Final portfolio's deadline is 8th of December.

Content scheduling

Weeks 36-48.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Assessment is based on the process and actual skills and knowledge evaluation.

Level 1
Study Skills:
The student has basic knowledge about own study field and is able to name main areas of knowledge within own study field.
He/she knows how to use services of Lapland UAS and to follow its principles and academic regulations.
The student is able to use Lapland UAS formats according to given instructions and retrieve information.
The student knows cross-cultural concepts and theories.
The student can perform as a member of an international team.
The student can use the common ICT programmes available at Lapland UAS.

Basics of Business:
The student knows the basics of business and business terminology.

Level 2
Study Skills:
The student has basic knowledge about own study field and is able to describe main areas of knowledge within own study field.
He/she is able to use services of Lapland UAS and to follow its principles and academic regulations.
The student is able to use fluently Lapland UAS formats according to given instructions and retrieve information relevant to the topic.
The student is able to describe and explain cross-cultural concepts and theories.
The student can perform as a member of an international team and can take responsibility of one’s own actions

Basics of Business:
The student knows the basics of business and business terminology and can describe and give examples of them.

Assessment criteria, good (3)

Level 3
Study Skills:
The student has good knowledge about own study field and is able to understand the main areas of knowledge within own study field.
He/she is able to utilize services of Lapland UAS and to follow its principles and academic regulations.
The student is able to utilize Lapland UAS formats and retrieve information from several sources.
The student understands cross-cultural concepts and theories.
He/she can perform as an active member of an international team.

Basics of Business:
The student understands the basics of business and business terminology.

Level 4
Study Skills:
The student has a good understanding about own study field.
He/she is able to fluently utilize services of Lapland UAS and to follow its principles and academic regulations.
The student is able to utilize Lapland UAS formats and retrieve information from several relevant sources.
The student has a command of cross-cultural concepts and theories.
He/she can perform as an active member of an international team and is able to take responsibility of the team.

Basics of Business:
The student understands the basics of business and business terminology and can describe the meaning of them.

Assessment criteria, excellent (5)

Level 5
Study Skills:
The student has excellent knowledge about own study field and is able to foresee its meaning in the context of own career development.
He/she is able to utilize services of Lapland UAS and efficiently to follow its principles and academic regulations.
The student is able to utilize Lapland UAS formats and can evaluate the reliability of sources used.
The student has a holistic understanding of cross-cultural concepts and theories and their meaning in practice.
He/she can perform as an initiative member of an international team.

Basics of Business:
The student has a command of basics of business and business terminology.

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation.

The grade is based on:
-PBL portfolio 100% consisting of 4 essays.
-CROSS-CULTURAL SKILLS, INFORMATION RETRIEVAL, PBL tutorials mandatory participation.

Plagiarism and use of AI and references:

Notice! Using AI -tools (for example ChatGPT) is forbidden in this study unit since it hinders the learning of the students and achieving the learning goals. Turnitin is able to recognize the use of AI.

Plagiarism and use of references:
Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Qualifications

NULL

Objective

The student understands the connection between economics and politics both in national and global setting.
He/she is able to identify current global challenges and understands the role of different global and local institutions.
The student understands how global challenges impact individuals, companies and societies.
He/she understands global political trends and forces and their connection to business.

Competences: Internationality and Multiculturalism Competence, Economics and Financial Management Competence

Content

- Globalisation

- International trade and its effects

- Inequality

- Political forces in global economy

- International organisations and international relations (IMF, WTO, EU etc.)

- PESTEL analysis

Location and time

Week 43-1 Introduction into Global Political Economy
Week 43-2 Economic systems I
Week 44 Economic systems II
Week 45 Globalization
Week 45-2 Political forces in global economy
Week 46-1 International organisations and international relations
Week 46-2 Inequality and roles of public and private sectors
Week 47-1 Consensus building in political processes & tendering
International trade and its impacts
Week 47-2 Group work presentations
Week 48 Exam

Week 45-2 Group work presentations II

Materials

Material is provided during the study unit implementation • Literature in Moodle • Lecture slides • Recommendations for online sources (particularly institutions)

Teaching methods

The student understands the connection between economics and politics both in national and global setting. He/she is able to identify current global challenges and understands the role of different global and local institutions. The student understands how global challenges impact individuals, companies and societies. He/she understands global political trends and forces and their connection to business.

Exam schedules

Week 44 – DL Wednesday October 31st – First Assignment
Week 46 – Second Assignment
Week 47 – November 21st – Presentations
Week 48 – November 26th – Exam

Any evaluated documents that are insufficient or do not match minimum requirements to pass, need to be revised in order to complete the course.

The exam is supposed to reflect the learning outcome and the tasks embrace diverse elements that had been presented and discussed in the study unit. The exam will be on campus in paper & pen format and every student works on it individually. Additional materials such as lecture slides and utilization of technological devices are not allowed in the exam.

Completion alternatives

Assessment is based on the process and actual skills and knowledge evaluation.
• Exam (60 %)
• Presentation (40%)
• Assignments (Pass/Fail)


Please note that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations. The utilisation of AI tools (such as for example Chat GPT) is forbidden for any kind of written assignment task that is given, in order to prevent to diminish the individual learning experience.

Further information

The presentation covers thematic areas in global political economy and specific topics will be provided in Moodle.

• One, two or three presenters for each presentation
• 8-12 minutes for a single presenter
• 12-16 minutes for multiple presenters
• Short round of discussion after each presentation
• Reflect on your topic on the basics (like in the lectures), but also add something special (unique) that you find (e.g. Case studies, specific thematic angles...).
• Please upload your presentation to the return box in Moodle (prior to the presentation)

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The student understands current global challenges and how they impact societies, business and individuals.
He/she understands the role of global and local institutions and their connection to business.

Level 2:
The student understands current global challenges and is able to draw the line to previous development(s) in the history of global political economy and how this interacts with impacts towards societies, businesses and individuals.
He/she understands the role of global and local institutions and the connection to business and global political institutions.

Assessment criteria, good (3)

Level 3
The student is able to analyse reasons behind current global challenges and how they impact societies, business and individuals.
He/she is able to analyse impact of global and local institutions and their connection to business and global political institutions, while embedding the theme into either historical or temporary discourses.

Level 4
The student is able to analyse in depth and comprehensively current global challenges and how they impact societies, business and individuals.
He/she is able to analyse impact of global and local institutions and their connection to business and global political institutions, while embedding the theme into multiple historical and temporary discourses.

Assessment criteria, excellent (5)

Level 5
The student is able to critically evaluate reasons behind current and future global challenges and how they impact societies, business and individuals.
The student is able to critically evaluate the impact of global and local institutions and their connection to business, while embedding the theme into multiple historical and temporary discourses.

Assessment methods and criteria

Excellent (5):

The student is able to critically evaluate reasons behind current and future global challenges and how they impact societies, business and individuals. The student is able to critically evaluate the impact of global and local institutions and their connection to business, while embedding the theme into multiple historical and temporary discourses.

Good to Very Good (4):

The student is able to analyse in depth and comprehensive-ly current global challenges and how they impact societies, business and individuals. He/she is able to analyse impact of global and local institutions and their connection to business and global political institutions, while embedding the theme into multiple historical and temporary discourses.

Good (3)

The student is able to analyse reasons behind current global challenges and how they impact societies, business and individuals. He/she is able to analyse impact of global and local institutions and their connection to business and global political institutions, while embedding the theme into either historical or temporary discourses.

Satisfactory (2)

The student understands current global challenges and is able to draw the line to previous development(s) in the history of global political economy and how this interacts with impacts towards societies, businesses and individuals. He/she understands the role of global and local institutions and the connection to business and global political institutions.

Satisfactory (1)

The student understands current global challenges and how they impact societies, business and individuals. He/she understands the role of global and local institutions and their connection to business.

Fail (0):

The student does not complete the assignments/ requirements according to instructions or does not attend the learning situations at all. He/she does not pass the assignments and/or the exam as required.

Assessment criteria, fail (0)

Fail (0):

The student does not complete the assignments/ requirements according to instructions or does not attend the learning situations at all. He/she does not pass the assignments and/or the exam as required.

Assessment criteria, satisfactory (1-2)

Satisfactory (1)

The student understands current global challenges and how they impact societies, business and individuals. He/she understands the role of global and local institutions and their connection to business.

Satisfactory (2)

The student understands current global challenges and is able to draw the line to previous development(s) in the history of global political economy and how this interacts with impacts towards societies, businesses and individuals. He/she understands the role of global and local institutions and the connection to business and global political institutions.

Assessment criteria, good (3-4)

Good (3)

The student is able to analyse reasons behind current global challenges and how they impact societies, business and individuals. He/she is able to analyse impact of global and local institutions and their connection to business and global political institutions, while embedding the theme into either historical or temporary discourses.

Good to Very Good (4):

The student is able to analyse in depth and comprehensive-ly current global challenges and how they impact societies, business and individuals. He/she is able to analyse impact of global and local institutions and their connection to business and global political institutions, while embedding the theme into multiple historical and temporary discourses.

Assessment criteria, excellent (5)

Excellent (5):

The student is able to critically evaluate reasons behind current and future global challenges and how they impact societies, business and individuals. The student is able to critically evaluate the impact of global and local institutions and their connection to business, while embedding the theme into multiple historical and temporary discourses.

Objective

The student knows how to use electronic presentation tools, photo editing tools, spreadsheet and word processing program in different tasks related to learning, working and in projects.
He/she is able to create presentations, workbook and documents.
Student knows how to edit photos and understand the different purposes for photo editing.

Competences: Learning to learn Competence

Content

- Word, Excel and PowerPoint
- Photoshop

Location and time

Course starts on 10.9. and ends on 19.11.2024.
Lessons are contact lessons in Rantavitikka Campus.

Materials

Course material will be provided during the course implementation.

• Moodle-materials


• E-books

Exercises

Teaching methods

Learning process includes lectures, exercises, individual assignments, team tasks and tests.

Employer connections

Similar documents used in business life will be studied.

Exam schedules

Word test on 26.9.2024
Photoshop test on 11.11.2024

Completion alternatives

1. Participation to lectures and test and making the required assignments or
2. learning to use the required programs by themselves, making the test and the required assignments.

Content scheduling

Word processing program MS-Word
Spreadsheet program:MS-Excel
Presentation program MS-PowerPoint
Graphics program Adobe Photoshop

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Information technology:
The student knows how to use different software and he/she is able to create documents, presentations and spreadsheets for business purposes.

Level 2
Information technology:
The student knows how to use different software and he/she is able to create good documents, presentations and spreadsheets for business situations.

Assessment criteria, good (3)

Level 3
Information technology:
The student knows how to utilize different software and he/she is able to create suitable documents, presentation and spreadsheets for business purposes.

Level 4
Information technology:
The student knows how to efficiently choose and utilize different software for business purposes.

Assessment criteria, excellent (5)

Level 5
Information technology:
The student knows how to efficiently use different software and is able to use in different situations. The student is able to create creative documents, presentations and spreadsheets for business purposes.

Assessment methods and criteria

In order to pass the course, student has to pass both tests; Word and Photoshop.
Student also has to pass PowerPoint and Excel assignments.

Objective

The student understands basic principles of global marketing and knows the global marketing environment and he/she is able to operate in it.
The student is able to deliver marketing strategies for international target groups. He/she understands the meaning of cultures and international networks from a marketing perspective and he/she is able to actively participate in international marketing projects.
The student understands responsible global consumer perspective and he/she understands how it impacts the future of marketing.

Competences: Internationality and Multiculturalism Competence, Marketing and Sales Competence

Content

- Understanding and analysing of global markets

- Planning of international marketing

- Networking skills and leadership in networks

- Cross-cultural knowledge in international marketing

- Global consumer

Location and time

Spring semester 2025 from week 6 to 14

Materials

Material is provided during the study unit implementation and can be found in Moodle. 

Teaching methods

Learning process is organized through individual working, project work and problem- solving processes. It includes group and individual assignments, lectures and knowledge acquisition activities.

Exam schedules

First exam is week 14.
Exam can be redone at a later date: week 17 (can change) and week 20 (can change).

Completion alternatives

There are no other ways to complete the study unit.

Further information

Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The basic principles of global marketing:
The student understands the basic principles of international marketing and is able to apply them in simple contexts. He/she understands opportunities and challenges of international markets.

Level 2
The basic principles of global marketing:
The student understands the basic principles of international marketing and is able to apply them in different contexts. He/she understands opportunities and challenges of international markets.

Assessment criteria, good (3)

Level 3
The basic principles of global marketing
The student is able to utilise different marketing methods in international marketing.
He/she is able to analyse opportunities and challenges of international markets.

Level 4
The basic principles of global marketing
The student is able to evaluate and utilise different marketing methods in international marketing.
He/she is able to utilise opportunities and challenges of international markets.

Assessment criteria, excellent (5)

Level 5
The basic principles of global marketing
The student is able to critically evaluate and utilise different marketing methods in international marketing.
He/she is able to evaluate and utilise opportunities and challenges of international markets

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation. Active group participation is seen as part of the group presentation evaluation. Overall learning process, deadlines and actively attending to classes (bonus points).

All assignments must be done and passed to complete the study unit.

Qualifications

NULL

Objective

The student knows the principles of marketing and understands the modern marketing thinking.
He / she knows the tasks of marketing in a company, target group thinking and factors influencing consumer behaviour. The student understands the role of marketing as a success factor of a company and can make justified choices of marketing tools in different business situations in a company.
The student understands the marketing mix and understands responsible marketing practices.

Competences: Marketing and Sales Competence

Content

- Marketing thinking

- Segmentation

- Company´s external and internal operation environment

- Marketing mix

- Marketing tools

- Responsible marketing

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Principles of marketing:
The student knows the principles of marketing and the tasks of marketing in a company.
With assistance he/she is able to find reasonable marketing tools suited for business situations.
The student understands the role of marketing as a success factor for business.

Level 2
Principles of marketing:
The student can explain the principles of marketing and the tasks of marketing in a company.
With minimum assistance he/she is able to find reasonable marketing tools suited for business situations.
The student understands the marketing tools.

Assessment criteria, good (3)

Level 3
Principles of marketing:
The student understands the principles of marketing and the tasks of marketing in a company.
He/she is able to find suitable marketing tools for business situations.
He/she can evaluate the chosen marketing tools.

Level 4
Principles of marketing:
The student has a good understanding of the principles of marketing and the tasks of marketing in a company.
He/she is has a good command of the marketing tools for business situations.
He/she can evaluate the chosen marketing tools.

Assessment criteria, excellent (5)

Level 5
Principles of marketing:
The student has a command of and can apply the principles of marketing and the tasks of marketing in a company.
He/she can create a successful marketing mix for the business situations at hand.
He/she can critically evaluate the chosen marketing tools.

Qualifications

NULL

Objective

The student understands basic ethical principles and he/she is able to explain their own ethical background and how their own actions impact their everyday lives.
He/she understands sustainability and main reasons how it impacts people and business in global and local level. He/she is able to provide examples of how social, economic, and ecological ecosystems interact and influence each other.

Competences: Ethics Competence, Sustainable Development Competence

Content

- Introduction to ethics
- Business ethics in global and local setting
- Sustainable business concepts (economic, ecologic and social)
- UN Sustainable Development Goals
- Sustainability management

Location and time

The course will be organised on Rovaniemi campus in 2024 during weeks 36-43. There will be recorded lectures online and group discussion on campus.

Materials

The material and literature will be handed in the beginning of the course.

Teaching methods

Lectures
Online recorded lectures
Independent knowledge acquisition activities
Individual Assignments
Group discussions
Group assignments
Exams

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Ethical principles:
The student understands and is able to explain basic concepts of ethical principles and is able to discuss his/her own ethical and moral background.

The student understands the role of sustainability in business.

Level 2
Ethical principles:
The student is able to analyse different ethical principles and do analysis of his/her own ethical and moral background.

The student has limited capability to analyse how some elements of sustainability impact business.

Assessment criteria, good (3)

Level 3
Ethical principles:
The student is able to analyse different ethical principles and do analysis of his/her own ethical and moral background.

The student is able to analyse how different elements of sustainability impact business.

Level 4
Ethical principles:
The student is able to evaluate and assess differences in ethical principles and is able to have critical look on his/her own ethical and moral background.

The student is able to assess different elements of sustainability in business in detail.

Assessment criteria, excellent (5)

Level 5
Ethical principles:
The student is able to critically evaluate and assess differences in ethical principles and is able to have critical look on his/her own ethical and moral background.

The student is able to critically assess different elements of sustainability in business.

Qualifications

NULL

Objective

The student knows basic organisational behaviour and leadership theories.
The student is able to self-reflect his/her own role in an organisation and he/she understands individual and group behaviour in organisations.
The student understands the basic principles of motivation and team dynamics.
He/she is able to communicate effectively in team setting and lead teams.

Competences: Operating in a workplace Competence

Content

- Self in work setting
- Communications in an organisation
- Motivation
- Team and group dynamics
- Creating value from diversity
- Leadership theories
- Organisational design and development

Location and time

Teaching is carried out at the Rovaniemi campus Fall semester 2024 weeks 37-41.
No distance learning possibility.

Materials

Lecture materials, articles and exercises. 

Online book: Organizational Behavior - Open Textbook Library (umn.edu) 

Teaching methods

Organised lectures
Independent knowledge acquisition activities
Individual Assignments
Group Assignments

Employer connections

Visiting Lectures from work-life and stakeholders

Case Studies examples

Further information

Assessment is based on the process and actual skills and knowledge evaluation. All assignments must be done and passed to complete the study unit.
Plagiarism and use of references: In study unit assignment returns, the plagiarism detection programs (for example, Turnitit) will be used. Also, notice that you must use Lapland UAS templates (essay, thesis, report, etc) and writing instructions. Textual references must be done according to the given instructions.

According to the Degree Regulations, submitting assignments against given instructions may lead to failing and other possible consequences.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Basic organisational behaviour and leadership theories:
The student knows basic organisational behaviour and leadership theories.
The student understands basic principles of self-reflection at work, motivation and working in teams.

Level 2
Basic organisational behaviour and leadership theories:
The student has satisfactory knowledge and can explain basic organisational behaviour and leadership theories.
The student understands and can with assistance analyse the principles of self-reflection at work, motivation and working in teams.

Assessment criteria, good (3)

Level 3
Basic organisational behaviour and leadership theories:
The student understands organisational behaviour and leadership theories.
The student is able to analyse his/her own behaviour at work, different ways of motivation and working in teams.
He/she is able to lead teams and have basic understanding of principles of team leadership.

Level 4
Basic organisational behaviour and leadership theories:
The student understands organisational behaviour and leadership theories.
The student is able to analyse his/her own behaviour at work, different ways of motivation and working in teams. He/she is able to lead teams and have basic understanding of principles of team leadership.

Assessment criteria, excellent (5)

Level 5
Basic organisational behaviour and leadership theories:
The student has a good command of organisational behaviour and leadership theories.
The student is able to critically assess his/her own behaviour at work, multiple levels of motivation and working in teams. He/she is able to lead teams successfully and analyse reasons that can have positive or negative impact on people leadership.

Assessment methods and criteria

Individual Assignments 40 % of the grade
Group Assignments 60 % of the grade
The assignments are introduced at the beginning of the study unit.

Qualifications

NULL

Objective

Student is able to apply the acquired knowledge into practice in the practical training.
The student has developed his/her professional business skills, depending on the specific functions and tasks performed during the training.
She/he can foresee the career opportunities and needed skills for the future after the practical training.
Student is able to evaluate her/his strengths and weaknesses related to his/her professional business skills.
She/he is able to describe and evaluate the meaning of the given tasks and the knowledge required.
Student is able to plan, evaluate and develop the tasks and the knowledge gained in collaboration with colleagues and supervisor.

Competences: Learning to learn Competence, Operating in a workplace Competence

Content

PROCESS
Before training
Enrolment to the training
ISP-discussion (tutor teacher)
Training info (responsible lecturer of practical training)
Training plan (workbook 1 - 4)
Training plan acceptance (responsible lecturer of practical training)
Practical training outside Finland- you contact to the international coordinator- Erasmus Learning Agreement for Traineeships (all students who will go to abroad)
-> After your Learning Agreement has accepted, you make SOLEMOVE (the international coordinator informs you).
OR
Practical training in Finland- you make a practical training contract
When you start your practical training
- you check with your mentor in the practical training placement the assessment of working skills (5 - 6 evaluation areas) and their competence levels
- During the practical training
- you ask for feedback from your mentor about your learning and competences
- you write workbook
- you agree with your mentor the evaluation meeting before in the end of the practical training
- you prepare the poster (video, PowerPoint presentation, Pretz or some else)
Near the end of the practical training
- before the meeting you make self-assessment of your working skills and ask also to ask for peer-review/mentor's assessment
- you have a meeting with your mentor - you compare and evaluate yourself-assessment and mentor's assessment of working life skills
- both of you evaluate how your competences have developed and what would be good to develop in the future - you receive feedback
- you document a summary of this meeting to your workbook

At the end of the training
- you ask the mentor give to you certificate of internship (or the transcript of work) - with the list of the practical training tasks
- you complete your workbook and the poster. You upload to Moodle within a week after your practical training has ended.

Evaluation scale

H-5

Assessment criteria, approved/failed

Fail:

The student is unable to meet the requirements of Basic Training. He/she is unable to perform the duties and tasks of the training place and does not complete the assignments given beforehand. The student does not make or return the required training documents according to the instructions.

Pass:
The student is able to meet the requirements of the Basic Training. He/she is able to perform the duties and tasks of the training place and completes the assignments given beforehand. The student returns a practical training report and a work certificate.

Qualifications

NULL

Objective

Student is able to apply the acquired knowledge into practice in the practical training.
The student has developed his/her professional business skills, depending on the specific functions and tasks performed during the training.
She/he can foresee the career opportunities and needed skills for the future after the practical training.
Student is able to evaluate her/his strengths and weaknesses related to his/her professional business skills.
She/he is able to describe and evaluate the meaning of the given tasks and the knowledge required.
Student is able to plan, evaluate and develop the tasks and the knowledge gained in collaboration with colleagues and supervisor.

Competences: Learning to learn Competence, Operating in a workplace Competence

Content

PROCESS
Before training
Enrolment to the training
ISP-discussion (tutor teacher)
Training info (responsible lecturer of practical training)
Training plan (workbook 1 - 4)
Training plan acceptance (responsible lecturer of practical training)
Practical training outside Finland- you contact to the international coordinator- Erasmus Learning Agreement for Traineeships (all students who will go to abroad)
-> After your Learning Agreement has accepted, you make SOLEMOVE (the international coordinator informs you).
OR
Practical training in Finland- you make a practical training contract
When you start your practical training
- you check with your mentor in the practical training placement the assessment of working skills (5 - 6 evaluation areas) and their competence levels
During the practical training
- you ask for feedback from your mentor about your learning and competences
- you write workbook
- you agree with your mentor the evaluation meeting before in the end of the practical training
- you prepare the poster (video, PowerPoint presentation, Pretz or some else)
Near the end of the practical training
- before the meeting you make self-assessment of your working skills and ask also to ask for peer-review/mentor's assessment
- you have a meeting with your mentor - you compare and evaluate yourself-assessment and mentor's assessment of working life skills
- both of you evaluate how your competences have developed and what would be good to develop in the future - you receive feedback
- you document a summary of this meeting to your workbook

At the end of the training
- you ask the mentor give to you certificate of internship (or the transcript of work) - with the list of the practical training tasks
- you complete your workbook and the poster. You upload to Moodle within a week after your practical training has ended.

Evaluation scale

H-5

Assessment criteria, approved/failed

Fail:
The student is unable to meet the requirements of Advanced Training. He/she is unable to perform the duties and tasks of the training place and does not complete the assignments given beforehand. The student does not make or return the required training documents according to the instructions.

Pass:
The student is able to meet the requirements of Advanced Training. He/she is able to perform the duties and tasks of the training place and completes the assignments given beforehand. The student returns a practical training report and a work certificate.

Qualifications

NULL

Objective

The student knows the demands of the constantly changing business environment in relation to his/her professional knowledge and skills. The student is able to recognise his/her strengths and weaknesses as a specialist and develop oneself towards it.
The student deepens his/her professional knowledge and skills and is able to apply them into practice.
The student can for example:
1) apply his/her professional knowledge, skills, up to date business knowhow and different tools in a work life development project, workshop or as a specialist
2) gain professional knowledge and skills through exchange studies
3) specialise through including other suitable courses into one’s own study plan

Competences: Learning to learn Competence, Ethics Competence, Operating in a workplace Competence, Proactive Development Competence, Economics and Financial Management Competence, Marketing and Sales Competence, Sustainable Development Competence

Content

Professional development

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Satisfactory (1)
Good (3)
Excellent (5)

The student recognises the professional competence required when working as a specialist in business field and his/her strengths and weaknesses. He/she is able to develop himself/herself to be a specialist.

Assessment criteria, good (3)

The student is able to operate as a specialist according to the requirements of the business field and apply his/her professional skills and knowledge fluently.

Assessment criteria, excellent (5)

The student is able to critically evaluate the results of his/her work as a specialist and is able to set goals for his/her continuous learning.

Qualifications

NULL

Objective

The student has an overall understanding of risks, risk management and corporate security and their meaning in business. He/she recognises internal, external and international risks.
The student is able to identify and assess risks and is able to apply risk management tools.
The student recognises risk management as a crucial part of business management.
He/she knows regulations and ethical principles governing the safety of business and risk management.

Competences: Law and Risk Management Competence

Content

- risk management

- corporate security

- different types of risks

- risk assessment

- risk management plan

- risk management tools

- risk management regulation

Location and time

January -February 2025

Materials

Lesson material in Moodle

Internet Links

Paul Hopkin: Fundamentals of Risk Management

Teaching methods

Lessons, exercises, independent work

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Risk Management:
The student recognises the basic terms and concepts of risks and risk management and corporate security and is able to identify business risks and risk management tools.
He/she recognises risk management as a crucial part of business management.
He/she knows some regulations governing risk management and corporate safety.

Level 2
Risk Management:
The student understands independently terms and concepts of risks and risk management and corporate security and knows business risks and risk management tools.
The student can use some of tools in basic level.
Under her/his guidance he/she understands guided management as a crucial part of business management.
He/she knows regulations governing risk management and corporate safety

Assessment criteria, good (3)

Level 3
Risk Management:
The student is able to make a risk assessment and choose risk management tools and use them accordingly.
He/she understands risk management as a crucial part of business management.
He/she understands risk management and corporate security terms and regulation.

Level 4
Risk Management:
The student is able to make a risk assessment and risk management plan and assess them.
He/she understands well risk management as a crucial part of business management.
He/she understands risk management and corporate security terms and regulation.

Assessment criteria, excellent (5)

Level 5
Risk Management:
The student is able to make a risk assessment and risk management plan and assess them critically.
The student has a command of the risk management and corporate security terms and regulation.
He/she understands risk management as a success factor in business ensuring a company’s operations.

Assessment methods and criteria

Evaluation
• Excellent 5 = risk assessment / safety document is made to a real company. All Important
parts of document are told and included. There are documented contacts or visits to the organisation.
• Good 4 = risk assessment / safety document is made to a real company. Most of the
Important parts of document are told and included.
• Good 3 = risk assessment / safety document is made to a fictional company. Most of the
important parts of document are told and included.
• Because of it is a question of safety and security, no lower grades are
allowed

Qualifications

NULL

Objective

The student understands the basic principles of social entrepreneurship and he/she understands the role of social entrepreneurs as solving global and local challenges. The student is able to identify challenges and come up with solutions to them. He/she is able to develop, write, and present a social project proposal and business plan.

The student knows different forms of entrepreneurship and types of entrepreneurs. He/she knows what it takes to be an entrepreneur and is able to analyse personal readiness to become an entrepreneur. The student recognizes entrepreneurship as a career option. The student knows the importance of social, ecological and economic factors whilst developing his/her business idea.

Competences: Proactive Development Competence, Economics and Financial Management Competence, Marketing and Sales Competence, Law and Risk Management Competence, Sustainable Development Competence

Content

- Theories of social entrepreneurship

- Role of social entrepreneurship in solving global/local challenges

- Forms of entrepreneurship

- Types of entrepreneurs

- Entrepreneur requirements and traits

- Business planning from a social entrepreneurship perspective

- Business plan

- Business plan calculations: Tools for profitable business for entrepreneurs
- Profitability planning and Pricing

- Cost allocation

- Budgeting

- Cash flow

- Business as solution to solving world´s pressing problems

- Sales pitch

- Business case portfolio (business card, price list, landing page, logo, business name ect.)

Location and time

Fall 2024. Weeks 36-49.

Materials

The learning material is given during the implementation.

Teaching methods

Learning process is organized through the project work and problem-solving process. It includes lectures, teamwork, team tasks, team tutoring, independent studies and knowledge acquisition activities.

Employer connections

The ideas developed are based on real life needs/problems.

Exam schedules

Social entrepreneurship quiz on week 37.
Accounting exam on the 4.12.
Business plan and business portfolio DL 2.12.

Content scheduling

The study unit proceeds according to a weekly plan which is found in the implementation plan.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Social Entrepreneurship:
The student understands the basic principles of social entrepreneurship and the role of social entrepreneurs as solving global and local challenges. He/she is able to identify current challenges and come up with solutions to them.

The student is able to develop, write and present a project proposal and business plan according to given instructions.
He/she is able to do basic profitability planning, budgeting and calculations for a small company according to the given instructions. The student is able to measure company's financial performance.

The student knows different forms of entrepreneurship and types of entrepreneurs.

He/she is able to list common traits of entrepreneurs and is able to analyse his/her readiness to become an entrepreneur. The student recognizes entrepreneurship as a career option. The student knows the importance of social, ecological and economic factors whilst developing his/her business idea.

Level 2
Social Entrepreneurship:
The student understands the concept of social entrepreneurship and is able to apply it in solving global and local challenges.

He/she is able to identify current challenges and come up with solutions to them.

The student is able to develop, write and present a project proposal and business plan and make suitable choices/decisions in business planning.

He/she is able to do basic profitability planning, budgeting and calculations for a company according to the given information. The student is able to measure and do some analysis of company’s financial performance.

The student can describe different forms of entrepreneurship and types of entrepreneurs.

He/she is able to identify and describe his/ her own entrepreneurial traits and is able to analyse them in his/her own readiness to become an entrepreneur.

Assessment criteria, good (3)

Level 3
Social Entrepreneurship:
The student understands the essentials of social entrepreneurship and is able to utilise social entrepreneurship as solving global and local challenges. He/she is able to identify current challenges and come up with solution to them.

The student is able to develop, write and present a project proposal and business plan and justify them.

He/she is able to do basic profitability planning, budgeting and calculations based on detailed information. The student is able to measure and analyse company's financial performance.

The student understands different forms of entrepreneurship and types of entrepreneurs and their meaning in entrepreneurship career planning.

He/she is able to identify what personal abilities and professional skills one needs to develop.

Level 4
Social Entrepreneurship:
The student has a command of social entrepreneurship and is able to utilise social entrepreneurship as solving global and local challenges. He/she is able to describe current challenges and come up with justified solutions to them.

The student is able to develop, write and present a project proposal and business plan and both justify and evaluate them.

He/she is able to do profitability planning, budgeting and calculations based on detailed and appropriate information. The student is able to measure and analyse company’s financial performance and utilise the results and make conclusions when planning for business.

The student recognises suitable forms of entrepreneurship and suitable types of entrepreneurs in his/her entrepreneurship career planning.

The student is able to recognise his/her strengths and weaknesses as an entrepreneur and is able to take them into account in business planning.

Assessment criteria, excellent (5)

Level 5
Social Entrepreneurship:
The student is able to identify challenges and come up with innovative solutions to them.
The student is able to develop, write and present a project proposal and business plan and critically evaluate them and the viability of the business idea.
He/she is able to do realistic calculations for profitability planning and budgeting. The student is able to measure and critically analyse company's financial performance.
The student recognises his/her strengths and weaknesses and is able to utilise the strengths in business planning.
The student is able to utilise the strengths in planning a successful entrepreneurship path with a strong understanding of social entrepreneurship elements.

Assessment methods and criteria

Business plan 55 % (1-4 persons in a group)

Accounting exam (individual) 45%

Social Entrepreneurship quiz pass/fail

Business portfolio pass/fail

Sales pitch pass/fail

Notice! Using AI -tools (for example ChatGPT) is forbidden in this study unit since it hinders the learning of the students and achieving the learning goals. Turnitin is able to recognize the use of AI.

Plagiarism and use of references:
Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Qualifications

NULL

Objective

The student understands principles of social impact assessment and management theories.
He/she understand the key issues behind societal and human rights due diligence.
The student understands the role of companies in addressing global and local challenges.

Competences: Ethics Competence, Sustainable Development Competence

Content

- Assessing Social Impact

- Managing Social Impact

- Societal Due Diligence

- Human Rights Due Diligence

- Role of business in meeting and answering global and local challenges

- Real life case studies

Location and time

Course will take place on Lapland UAS Rovaniemi campus from April 9th to May 2nd.

Materials

All material will be presented in the beginning of the course.

Teaching methods

Video lectures
Mini exams
Cases
Group presentations
Group discussions

Completion alternatives

Course is done through case presentations and discussions so attendance is required.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Social Impact Management:
The student understands the principles of social impact management theories.
He/she understands what due diligence means in societal and human rights issues.
The student understands the role of companies in addressing global and local challenges.

Level 2
Social Impact Management:
The student has rising understanding of the principles of social impact management theories.
He/she knows what due diligence means in societal and human rights issues.
The student is able to list the role of companies in addressing global and local challenges while understanding the importance of the matter.

Assessment criteria, good (3)

Level 3
Social Impact Management:
The student is able to analyse main principles of social impact management theories.
He/she is able to analyse due diligence in societal and human rights issues.
The student is able to do basic analysis the role of companies in addressing global and local challenges.

Level 4
Social Impact Management:
The student is able to analyse principles of social impact management theories.
He/she is able to analyse due diligence in societal and human rights issues.
The student is able to analyse in detail of the role of companies in addressing global and local challenges.

Assessment criteria, excellent (5)

Level 5
Social Impact Management:
The student is able to critically evaluate and utilise social impact management theories.
He/she is able to evaluate and utilise due diligence in societal human rights issues in wide variety of cases.
The student is able to critically evaluate the role of companies in addressing global and local challenges.
He/she is able to come up with feasible suggestions and strategies for companies to improve their social impact management.

Assessment methods and criteria

Course is graded from 0-5
90-100% = grade 5
80-89% = grade 4
70-79% = grade 3
60-69% = grade 2
50-59% = grade 1
0-49% = fail

Objective

The students understand the holistic approach to company’s strategic management.
He/she understands strategic planning as an organisational management activity that is used to set priorities, goals and vision for the company.
The student is able to apply them in practice. He/she knows how to plan the strategy and is able to apply various tools for strategic planning.
The student is able to perform internal and external environmental scanning for creating a strategy plan.

Competences: Economics and Financial Management Competence, Marketing and Sales Competence, Law and Risk Management Competence, Sustainable Development Competence

Content

- basic goals, different roles and phases and tools of strategic planning processes as part of strategic management business process

- the role of foresight, total quality management and corporate social responsibility in the strategic planning and related development and assessment tools

- Business Model Canvas (BMC) and Balanced Score Card (BSC) as strategic tools

- strategic planning, its goals and functions

- implementation

Teaching methods

The utilized pedagogical approach includes various pedagogical methods, such as lectures, visiting lecturers, visits to destinations and/or to organizations, practical projects and learning assignments such as presentations and/or narratives.

The specified timetable of the learning process of approximately ten weeks is planned together with the working life and given at the beginning of the study unit.

Tutoring and stakeholder assessment of the learning process take places throughout the study unit according to the assessment criteria.

Depending on the cooperation partners there will be a development task and/or problem implemented in the course

Employer connections

Depending on the cooperation partners there will be a development task and/or problem implemented in the course.

Exam schedules

No exams. Essays and work life development task

Completion alternatives

Active participation in the lectures and in the case study process resulting in a problem based task planning

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Organisation’s strategic management:
The student knows strategic planning as an organisational management activity and has a holistic approach to it.
He/she knows how to plan the strategy and is able to apply tools for strategic planning.
The student is able to make an analysis of organisation’s internal and external environment for creating a strategy plan according to given instructions.
He/she understands the meaning of organisation’s environmental analysis in strategy planning.

Level 2
Organisation’s strategic management:
The student knows and is able to describe strategic planning as an organisational management activity.
He/she knows how to plan the strategy and is able to apply various tools for strategic planning.
The student is able to make an analysis of organisation’s internal and external environment for creating a strategy plan and make conclusions of the analysis.

Assessment criteria, good (3)

Level 3
Organisation’s strategic management:
The student has an understanding of strategic planning as an organisational management activity.
He/she has an understanding of how to plan the strategy and is able to apply suitable tools for strategic planning.
The student is able to make an analysis of organisation’s internal and external environment for creating a strategy plan and take into account the results of the analysis.

Level 4
Organisation’s strategic management:
The student is able to use strategic management theories to provide advanced explanation of the strategic planning as an organisational management activity.
He/she has a good understanding of the strategy planning and is able to justify the use of chosen tools for strategic planning.
The student is able to make an analysis of organisation’s internal and external environment for strategy planning and utilise the results.

Assessment criteria, excellent (5)

Level 5
Organisation’s strategic management:
The student has an understanding of the meaning of strategic planning in an organisation.
He/she has a command of strategy planning and is able to evaluate the result of the strategic planning.
The student is able to make an analysis of organisation’s internal and external environment for strategy planning and analyse the results.

Qualifications

NULL

Further information

The course is mainly implemented as day studies on campus in Rovaniemi (not online).

Objective

The student knows different stages and objectives of sales process. He/she understands the role of sales in successful business.
He/she knows and understands the essential strategic management theories and the role of technology and research in sales.
The student understands principles of Customer Relationship Management and sales forecasting and evaluation.

Competences: Marketing and Sales Competence

Content

- Stages and objectives of sales process

- Strategic Sales Management theories

- Role of technology and research in sales

- Customer Relationship Management

- Sales forecasting

- Sales evaluation

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Stages and objectives of sales process:
The student is aware of different stages and objectives of sales process.
The student acknowledges the role of sales in successful business.
He/she knows and acknowledges the essential strategic sales management theories and the role of technology and research in sales.
The student acknowledges the principles of Customer Relationship Management and he/she acknowledges how the importance of sales forecasting and evaluation.

Level 2
Stages and objectives of sales process:
The student knows different stages and objectives of sales process and is able to apply them.
The student understands the role of sales in successful business. He/she knows and understands the essential strategic sales management theories and the role of technology and research in sales.
The student understands the principles of Customer Relationship Management and he/she understands how the importance of sales forecasting and evaluation.

Assessment criteria, good (3)

Level 3
Stages and objectives of sales process:
The student understands and is able to analyse different stages and objectives of sales process.
He/she is able to analyse how sales impacts successful business.
He/she is able to analyse and utilise the essential strategic sales management theories and utilise technology and research in sales.
The student is able to analyse and utilise Customer Relationship Management and sales forecasting and evaluation.

Level 4
Stages and objectives of sales process:
The student understands and is able to determine different stages and objectives of sales process.
He/she is able to analyse and determine how sales impacts successful business.
He/she is able to analyse and utilise the essential strategic sales management theories and utilise technology and research in sales needed to develop sales strategies.
The student is able to analyse and utilise Customer Relationship Management and sales forecasting and evaluation.

Assessment criteria, excellent (5)

Level 5
Stages and objectives of sales process:
The student is able to critically evaluate different stages and objectives of sales process.
The student is able to critically evaluate how sales impact successful business and how to potentially improve sales functions.
He/she is able to evaluate and effectively utilise strategic sales management theories and technology and research in sales. The student is able to evaluate and utilise Customer Relationship Management and sales forecasting and evaluation.

Qualifications

NULL

Objective

The student knows why companies need to compile reports on sustainability.
He/she knows the connection between financial statement and sustainable reporting.
The student knows the legislation governing financial statements and sustainable reporting both nationally and internationally.
He/she is familiar with the current reporting framework. He/she is able to calculate for sustainability.

Competences: Economics and Financial Management Competence, Law and Risk Management Competence, Sustainable Development Competence

Content

- Corporate Social Reporting (CSR)

- CSR as part of management and overall strategy

- Corporate governance

- CSR as part of Financial Statement reporting

- Calculations for environmental issues, pollution etc.

- Corporate Social Reporting framework, principles and implementation, calculations and ratios.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Sustainable Accounting:
The student understands companies’ need to compile reports on sustainability.
He/she understands the connection between financial statement and sustainable reporting.  
The student knows the legislation governing financial statements and sustainable reporting both nationally and internationally.  
He/she is able to calculate for sustainability according to current framework. 

Level 2
Sustainable Accounting:
The student understands companies’ need to compile reports on sustainability and understands the why the connection between financial statement and sustainable reporting is important.   
The student knows and is able to follow the legislation governing financial statements and sustainable reporting both nationally and internationally.  
The student is able to choose and use  suitable methods when calculating for sustainability according to the current framework. 

Assessment criteria, good (3)

Level 3
Sustainable Accounting:
The student is able to analyse company’s sustainability report and use the information for making conclusion about the company’s sustainability together with the financial statement information.  
He/she understands the legislation governing financial statements and sustainable reporting both nationally and internationally.  
The student is able to calculate and analyse for sustainability in accordance with the current framework.  

Level 4
Sustainable Accounting:
The student is able to analyze and give recommendations on company’s operations related to sustainability based on the company’s sustainability report and financial statement.
He /she understand the legislation governing financial statements and sustainable reporting both nationally and internationally and can use the information when giving recommendations on company’s sustainability.
The student is able to calculate and analyze for sustainability in accordance with the current framework

Assessment criteria, excellent (5)

Level 3
Sustainable Accounting:
The student is able to analyse company’s sustainability report and use the information for making conclusion about the company’s sustainability together with the financial statement information.  
He/she understands the legislation governing financial statements and sustainable reporting both nationally and internationally.  
The student is able to calculate and analyse for sustainability in accordance with the current framework.  

Level 4
Sustainable Accounting:
The student is able to analyze and give recommendations on company’s operations related to sustainability based on the company’s sustainability report and financial statement.
He /she understand the legislation governing financial statements and sustainable reporting both nationally and internationally and can use the information when giving recommendations on company’s sustainability.
The student is able to calculate and analyze for sustainability in accordance with the current framework

Qualifications

NULL

Objective

The student understands the main principles of financing. He/she knows the connection between risk and return.
He/she understands company’s basic capital structure and the cost of capital.
The student is familiar with the principles, terms and legislation governing investing.
The student knows how to make investment calculations and understands the meaning of time value of money.
He/ she knows the role of financial analysis in investing and finance.

Competences: Economics and Financial Management Competence, Sustainable Development Competence

Content

- Corporate financing

- Financial markets

- Time value of money

- Investing theories

- Investment calculations

- Sustainability in investing

Location and time

From beginning of September until the middle of December 2024

Materials

- Mayo, H.B, 2019. Investments: An Introduction, Thirteenth Editon.  / Particular chapters are given in Moodle

- Brechner & Bergeman, Contemporary Mathematics for Business and Consumers)

Teaching methods

Lectures, teamwork, independent studies and knowledge acquisition activities.

Exam schedules

Study unit's exam is on the 2nd of December 2024.
Presentations are on the 5th of December 2024.
Retake exams are in Spring 2025.

All assignments must be submitted by the 8th of December 2024 to get your grade in 2024.

Completion alternatives

None

Content scheduling

Week 36 Start of the study unit and give the portfolio assignment.

Week 43 Basics of investing and Investment theories and investors.

Week 44 Behavioral finance.
Week 44 Business Mathematics: Percentage and equations

Week 45 Sustainability and responsibility in investing.

Week 46 Sustainability and responsibility in investing.
Week 46 Simple interest, Compound Interest, Annuities, Time value of Money
Week 46 Cost of Capital, Net Present Value, The Internal Rate of Return.

Week 47 Rules and Regulations of Investing, Risk and Return,
Week 47 Financial Ratios related to Investing. Taxation and Currency exchange

Week 48 Rules and Regulations of Investing, Risk and Return,
Week 48 Business Mathematics recap for the exam.

Week 49 Exam 2.12.2024 from 9.00 - 11.30
Week 49 Presentations 5.12.2024 from 10.00 -11.30





...
Please notice that this is a preliminary plan.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
the main principles of financing and investing:
The student understands the main principles of financing and is able to perform basic calculations for financing and investing.
He/she understands company’s basic capital structure and knows the connection between risk and return.
The student knows the principles, terms and legislation governing investing.
He/she knows the meaning of sustainable investing.

Level 2
the main principles of financing and investing:
The student understands and is able to utilize the principles of financing. The student is able to calculate for financing and investing.
He/she understands company’s basic capital structure and understands the connection between risk and return.
The student knows the principles, terms and legislation governing investing,
He/she understands the impact of sustainability for investing.

Assessment criteria, good (3)

Level 3
the main principles of financing and investing:
The student understands the principles of financing and is able to make financing and investing calculations.
He/she understands company’s capital structure and is able to utilise financial analysis for decision-making purposes.
The student is able to apply his/her knowledge of sustainability and investing for choosing the suitable investment opportunities for companies and or individuals

Level 4
the main principles of financing and investing:
The student understands financing and is able to make financing and investing calculations with some analyse.
He/she has a good understanding of company’s capital structure and is able to utilise financial analysis for decision-making purposes.
He/she is able to give recommendations for choosing the suitable investment opportunities for companies and or individuals.

Assessment criteria, excellent (5)

Level 5
the main principles of financing and investing:
The student demonstrates a deep knowledge of investing and finance and is able to make alternative calculations and analysis for decision-making purposes.
He/she is able to give reasoned recommendations for choosing the suitable investment opportunities for companies and or individuals.

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation.
A more detailed assessment plan is given in the implementation plan.

Individual Exam 55% (0/1 -5)

Individual Investment Portfolio 25% (0/1 -5)

Individual assignment package (pass/fail)

Group assignment 20 % (0/1 -5)

Study unit's exam is on the 2.12.2024 from 9.00 - 11.30
Retake exams are in Spring 2025

All assignments must be submitted by the 8th of December 2024

Notice! Using AI -tools (for example ChatGPT) is forbidden in this study unit since it hinders the learning of the students and achieving the learning goals. Turnitin can recognize the use of AI.

Plagiarism and use of references:
Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis
Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Qualifications

NULL

Objective

The student knows the processes and goals of logistics and supply chain management.
He/she knows the role of supply chain management in modern business and the role of sustainability in logistics.
He/she understands how environmental impacts on product design, procurement, production, packaging, warehousing, transportation and delivery are reduced and measured.
The student understands the importance of recycling and how reserve logistics systems operate.

Competences: Economics and Financial Management Competence, Sustainable Development Competence

Content

- Processes and goals of logistics

- Supply chain management

- Supply chain ethics and codes of conduct

- Measuring sustainability in supply chains

- Inbound logistics (purchasing, warehousing, inventory management)

- Outbound logistics (packaging, distribution)

- Material management, transport management, outsourcing

- Sustainable Supply Chain Management (circular economy, recycling and environmentally friendly packaging)

- Sustainable transportation, waste management and energy consumption

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Processes and goals of logistics:
The student knows the basic principles of logistics and he/she understands sustainability aspect of logistics.

Level 2
Processes and goals of logistics:
The student is able to explain the basic principles of logistics and he/she understands extensively sustainability aspect of logistics.

Assessment criteria, good (3)

Level 3
Processes and goals of logistics:
The student understands basic principles of logistics.
He/she is able to analyse how different methods in sustainable logistics can have a positive impact on both business and environment.

Level 4
Processes and goals of logistics:
The student has good knowledge of basic principles of logistics.
He/she can evaluate justifying how different methods in sustainable logistics can have a positive impact on both business and environment.

Assessment criteria, excellent (5)

Level 5
Processes and goals of logistics:
The student has a command of the principles of logistics.
He/she is able to critically assess the role of sustainable logistics in modern day business world.

Qualifications

NULL

Objective

He/she is able to use work and field related language in Swedish (Finnish students).
He/she is able to understand the importance of language and communication skills as part of his/her profession.
He/she is able to tell about his/her background, studies and work in Swedish and is capable of managing in work and business field related everyday situations.
The student knows the Nordic operating environment. He/she obtains oral and written skills of Swedish required in the Act on the Knowledge of Languages Required of Personnel in Public Bodies (424/2003, A352/2003, 8§).

Competences: Internationality and Multiculturalism Competence

Content

-Communication in everyday situations
-Pronunciation
-Vocabulary, grammatical structures

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
He/she is able to use basic language and intercultural skills in simple situations.

Level 2
He/she is able to use basic language and intercultural skills in very simple related situations.

Assessment criteria, good (3)

Level 3
He/she is able to use basic language and intercultural skills in simple work related situations.

Level 4
He/she is able to use language and intercultural skills in normal work related situation.

Assessment criteria, excellent (5)

Level 5
He/she is able to use language and intercultural skills in work related situations.

Qualifications

NULL

Objective

The student gets familiar with the basic concepts of tourism and hospitality and perceives an overall picture on how the tourism system functions and how the global tourism industry has developed till today towards sustainable tourism. In addition, he/she recognizes different forms of tourism, the concept of sustainable luxury tourism and understands versatile impacts of tourism. He/she understands connections between international economics and the significance of tourism and hospitality industry in global economy as well as how the global economy affects tourism.

Content

• Concepts and definitions of tourism and hospitality and the tourism system
• Destinations and tourism and hospitality businesses and other tourism stakeholders
• Different forms of tourism
• Concept of sustainable luxury tourism
• Key concepts of sustainability and background of sustainable tourism
• Development of global tourism industry
• Tourism statistics
• Impacts of tourism (economic, social, cultural, environmental and political)
• Connections between global economics and the tourism industry

Location and time

This starts at week 36 and it ends at the beginning of week 48.
Lectures are organised in classrooms.

Materials

The course materials are introduced the Moodle.

Teaching methods

The implementation of the course progresses gradually in a classroom format. The implementation emphasizes self-directed and active learning (flipped classroom). The course includes familiarization with learning materials and source materials, independent exercises and learning tasks, and collaboration.

Exam schedules

The exam of the economic part of the study unit is during the weeks 39.
The group assignment is due by the end of week 44 and the individual exam is during of week 44 for tourism hospitality part of the study unit.
Retake for the economic and tourism hospitality parts exams is during the week 47.

Content scheduling

• Connections between global economics and the tourism industry
• Impacts of tourism (economic, social, cultural, environmental and political)
• Key concepts of sustainability and background of sustainable tourism
• Tourism statistics
• Concepts and definitions of tourism and hospitality and the tourism system
• Destinations and tourism and hospitality businesses and other tourism stakeholders
• Different forms of tourism
• Development of global tourism industry

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Satisfactory (2)
The student has some understanding of the field of tourism and hospitality and understands somehow the tourism system and the concept of sustainable tourism. He/she knows some forms of tourism and understands some impacts of tourism at a satisfactory level. He/she sees some connections between international economics and the significance of tourism and hospitality industry in global economy. The assignments are completed but not always performed according to the instructions and deadlines.

Poor (1)
The student has only some basic level understanding of the field of tourism and hospitality and understands vaguely the tourism system and the concept of sustainable tourism. He/she knows some forms of and impacts of tourism. The assignments are completed but not always performed according to the instructions and deadlines.

Fail (0)
The student does not complete the assignments according to the instructions or does not attend the learning situations at all. He/she does not pass the assignments, tests and/or the exam as required.

Assessment criteria, good (3)

Very good (4)
The student has an overall picture of the tourism and hospitality field and understands very well how the tourism system functions and how the global tourism industry works. He/she knows at a very good level the meaning and significance of sustainable tourism. He/she knows very well different forms of tourism as well as versatile impacts of tourism. He/she has a very good understanding of connections between international economics and the significance of tourism and hospitality industry in global economy as well as how the global economy affects tourism. All the assignments are performed according to the instructions and deadlines.

Good (3)
The student an overall picture of the tourism and hospitality field and understands well how the tourism system functions and how the global tourism industry works. He/she knows at a good level the meaning and significance of sustainable tourism. He/she knows well some forms of tourism as well as the most impacts of tourism. He/she sees connections between international economics and the significance of tourism and hospitality industry in global economy. Most of the assignments are performed according to the instructions and deadlines.

Assessment criteria, excellent (5)

Excellent (5)
The student has a thorough, overall picture of the tourism and hospitality field and understands holistically how the tourism system functions and how the global tourism industry works. He/she knows at an excellent level the meaning and significance of sustainable tourism. He/she has a broad understanding of many different forms of tourism as well as of versatile impacts of tourism. He/she understands very well connections between international economics and the significance of tourism and hospitality industry in global economy as well as how the global economy affects tourism. All the assignments are performed according to the instructions and deadlines.

Assessment methods and criteria

These are the general assessment criteria. Please note that there might be more specific assessment criteria for learning assignments which will be given at the beginning of the study unit.

Assessment criteria, fail (0)

Fail (0)
The student does not complete the assignments according to the instructions or does not attend the learning situations at all. He/she does not pass the assignments, tests and/or the exam as required.

Assessment criteria, satisfactory (1-2)

Satisfactory (2)
The student has some understanding of the field of tourism and hospitality and understands somehow the tourism system and the concept of sustainable tourism. He/she knows some forms of tourism and understands some impacts of tourism at a satisfactory level. He/she sees some connections between international economics and the significance of tourism and hospitality industry in global economy. The assignments are completed but not always performed according to the instructions and deadlines.

Poor (1)
The student has only some basic level understanding of the field of tourism and hospitality and understands vaguely the tourism system and the concept of sustainable tourism. He/she knows some forms of and impacts of tourism. The assignments are completed but not always performed according to the instructions and deadlines.

Fail (0)
The student does not complete the assignments according to the instructions or does not attend the learning situations at all. He/she does not pass the assignments, tests and/or the exam as required.

Assessment criteria, good (3-4)

Very good (4)
The student has an overall picture of the tourism and hospitality field and understands very well how the tourism system functions and how the global tourism industry works. He/she knows at a very good level the meaning and significance of sustainable tourism. He/she knows very well different forms of tourism as well as versatile impacts of tourism. He/she has a very good understanding of connections between international economics and the significance of tourism and hospitality industry in global economy as well as how the global economy affects tourism. All the assignments are performed according to the instructions and deadlines.

Good (3)
The student an overall picture of the tourism and hospitality field and understands well how the tourism system functions and how the global tourism industry works. He/she knows at a good level the meaning and significance of sustainable tourism. He/she knows well some forms of tourism as well as the most impacts of tourism. He/she sees connections between international economics and the significance of tourism and hospitality industry in global economy. Most of the assignments are performed according to the instructions and deadlines.

Assessment criteria, excellent (5)

Excellent (5)
The student has a thorough, overall picture of the tourism and hospitality field and understands holistically how the tourism system functions and how the global tourism industry works. He/she knows at an excellent level the meaning and significance of sustainable tourism. He/she has a broad understanding of many different forms of tourism as well as of versatile impacts of tourism. He/she understands very well connections between international economics and the significance of tourism and hospitality industry in global economy as well as how the global economy affects tourism. All the assignments are performed according to the instructions and deadlines.

Further information

These are the general assessment criteria. Please note that there might be more specific assessment criteria for learning assignments which will be given at the beginning of the study unit.

Objective

The student knows the concept of volunteering and is able to identify suitable options for volunteering and understands how he/she is able to benefit the non-profit sector.
He/she knows how volunteering can enhance one’s motivation and leadership skills and is able to analyse the outcome of volunteering afterwards.
The student is able to make an individual plan and implement it into practice.
He/she understands the volunteering project and its outcomes.

Competences: Learning to learn Competence, Ethics Competence, Proactive Development Competence, Sustainable Development Competence

Content

- The concept of volunteering

- Volunteering in a non-profit organisation; giving back

- Analysing the outcome of volunteering

- Volunteering as a way to self-improvement and motivation

- Gaining work life skills and experience, creating networks

- Self-leadership

- Constructive and conscious communication

- Volunteering project plan, implementation, reporting and analysing

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The concept of volunteering:
The student knows the concept of volunteering and how it can enhance his/her motivation and leadership skills.
He/she is able to identify suitable options for volunteering and understands how he/she is able to benefit the non-profit sector.
The student is able to make an individual volunteering plan and implement it into practice. He/she understands the outcomes of project implementation.

Level 2
The concept of volunteering:
The student can describe the concept of volunteering and how it can enhance his/her motivation and leadership skills.

The student is able to make an appropriate individual volunteering plan, implement it into practice and report on the project and its results.

Assessment criteria, good (3)

Level 3
The concept of volunteering:
The student understands the concept of volunteering and he/she is able to analyse how volunteering can enhance his/her motivation, leadership skills and give possibilities for personal career path.

He/she is able to make an appropriate individual volunteering plan, implement it and evaluate the project and outcomes.

Level 4
The concept of volunteering:
The student has a good understanding of the concept and meaning of volunteering and he/she is able to analyse and justify how volunteering can enhance his/her motivation, leadership skills and give possibilities for personal career path.

He/she is can make an appropriate and justified volunteering plan and implement it.
He/she can evaluate and analyse the project, its outcomes and meaning.

Assessment criteria, excellent (5)

Level 5
The concept of volunteering:
The student has a command of the concept of volunteering.
He/she is able to evaluate how his/her skills are best utilised to benefit the non-profit sector and to critically evaluate how volunteering can enhance his/her motivation, leadership skills and give possibilities for personal career path.
The student is able to motivate others to volunteer.

He/she is able to make a detailed individual volunteering plan and implement it successfully.
He/she is able to critically evaluate the volunteering project and its outcomes and give development ideas.

Objective

The student understands principles of social impact assessment and management theories.
He/she understand the key issues behind societal and human rights due diligence.
The student understands the role of companies in addressing global and local challenges.

Competences: Ethics Competence, Sustainable Development Competence

Content

- Assessing Social Impact

- Managing Social Impact

- Societal Due Diligence

- Human Rights Due Diligence

- Role of business in meeting and answering global and local challenges

- Real life case studies

Location and time

Course will take place on Lapland UAS Rovaniemi campus from April 9th to May 2nd.

Materials

All material will be presented in the beginning of the course.

Teaching methods

Video lectures
Mini exams
Cases
Group presentations
Group discussions

Completion alternatives

Course is done through case presentations and discussions so attendance is required.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Social Impact Management:
The student understands the principles of social impact management theories.
He/she understands what due diligence means in societal and human rights issues.
The student understands the role of companies in addressing global and local challenges.

Level 2
Social Impact Management:
The student has rising understanding of the principles of social impact management theories.
He/she knows what due diligence means in societal and human rights issues.
The student is able to list the role of companies in addressing global and local challenges while understanding the importance of the matter.

Assessment criteria, good (3)

Level 3
Social Impact Management:
The student is able to analyse main principles of social impact management theories.
He/she is able to analyse due diligence in societal and human rights issues.
The student is able to do basic analysis the role of companies in addressing global and local challenges.

Level 4
Social Impact Management:
The student is able to analyse principles of social impact management theories.
He/she is able to analyse due diligence in societal and human rights issues.
The student is able to analyse in detail of the role of companies in addressing global and local challenges.

Assessment criteria, excellent (5)

Level 5
Social Impact Management:
The student is able to critically evaluate and utilise social impact management theories.
He/she is able to evaluate and utilise due diligence in societal human rights issues in wide variety of cases.
The student is able to critically evaluate the role of companies in addressing global and local challenges.
He/she is able to come up with feasible suggestions and strategies for companies to improve their social impact management.

Assessment methods and criteria

Course is graded from 0-5
90-100% = grade 5
80-89% = grade 4
70-79% = grade 3
60-69% = grade 2
50-59% = grade 1
0-49% = fail

Objective

The student knows the processes and goals of logistics and supply chain management.
He/she knows the role of supply chain management in modern business and the role of sustainability in logistics.
He/she understands how environmental impacts on product design, procurement, production, packaging, warehousing, transportation and delivery are reduced and measured.
The student understands the importance of recycling and how reserve logistics systems operate.

Competences: Economics and Financial Management Competence, Sustainable Development Competence

Content

- Processes and goals of logistics

- Supply chain management

- Supply chain ethics and codes of conduct

- Measuring sustainability in supply chains

- Inbound logistics (purchasing, warehousing, inventory management)

- Outbound logistics (packaging, distribution)

- Material management, transport management, outsourcing

- Sustainable Supply Chain Management (circular economy, recycling and environmentally friendly packaging)

- Sustainable transportation, waste management and energy consumption

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Processes and goals of logistics:
The student knows the basic principles of logistics and he/she understands sustainability aspect of logistics.

Level 2
Processes and goals of logistics:
The student is able to explain the basic principles of logistics and he/she understands extensively sustainability aspect of logistics.

Assessment criteria, good (3)

Level 3
Processes and goals of logistics:
The student understands basic principles of logistics.
He/she is able to analyse how different methods in sustainable logistics can have a positive impact on both business and environment.

Level 4
Processes and goals of logistics:
The student has good knowledge of basic principles of logistics.
He/she can evaluate justifying how different methods in sustainable logistics can have a positive impact on both business and environment.

Assessment criteria, excellent (5)

Level 5
Processes and goals of logistics:
The student has a command of the principles of logistics.
He/she is able to critically assess the role of sustainable logistics in modern day business world.

Qualifications

NULL

Objective

The student knows why companies need to compile reports on sustainability.
He/she knows the connection between financial statement and sustainable reporting.
The student knows the legislation governing financial statements and sustainable reporting both nationally and internationally.
He/she is familiar with the current reporting framework. He/she is able to calculate for sustainability.

Competences: Economics and Financial Management Competence, Law and Risk Management Competence, Sustainable Development Competence

Content

- Corporate Social Reporting (CSR)

- CSR as part of management and overall strategy

- Corporate governance

- CSR as part of Financial Statement reporting

- Calculations for environmental issues, pollution etc.

- Corporate Social Reporting framework, principles and implementation, calculations and ratios.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Sustainable Accounting:
The student understands companies’ need to compile reports on sustainability.
He/she understands the connection between financial statement and sustainable reporting.  
The student knows the legislation governing financial statements and sustainable reporting both nationally and internationally.  
He/she is able to calculate for sustainability according to current framework. 

Level 2
Sustainable Accounting:
The student understands companies’ need to compile reports on sustainability and understands the why the connection between financial statement and sustainable reporting is important.   
The student knows and is able to follow the legislation governing financial statements and sustainable reporting both nationally and internationally.  
The student is able to choose and use  suitable methods when calculating for sustainability according to the current framework. 

Assessment criteria, good (3)

Level 3
Sustainable Accounting:
The student is able to analyse company’s sustainability report and use the information for making conclusion about the company’s sustainability together with the financial statement information.  
He/she understands the legislation governing financial statements and sustainable reporting both nationally and internationally.  
The student is able to calculate and analyse for sustainability in accordance with the current framework.  

Level 4
Sustainable Accounting:
The student is able to analyze and give recommendations on company’s operations related to sustainability based on the company’s sustainability report and financial statement.
He /she understand the legislation governing financial statements and sustainable reporting both nationally and internationally and can use the information when giving recommendations on company’s sustainability.
The student is able to calculate and analyze for sustainability in accordance with the current framework

Assessment criteria, excellent (5)

Level 3
Sustainable Accounting:
The student is able to analyse company’s sustainability report and use the information for making conclusion about the company’s sustainability together with the financial statement information.  
He/she understands the legislation governing financial statements and sustainable reporting both nationally and internationally.  
The student is able to calculate and analyse for sustainability in accordance with the current framework.  

Level 4
Sustainable Accounting:
The student is able to analyze and give recommendations on company’s operations related to sustainability based on the company’s sustainability report and financial statement.
He /she understand the legislation governing financial statements and sustainable reporting both nationally and internationally and can use the information when giving recommendations on company’s sustainability.
The student is able to calculate and analyze for sustainability in accordance with the current framework

Qualifications

NULL

Objective

The student has essential writing, speaking and presentation skills needed in managerial setting in business.
The student is able to communicate in variety of business situations and he/she is able to identify and adjust to the ethical aspects of business communication.
The student understands the role of communication in managing conflicts in organisations and he/she is able to communicate in crises.

Competences: Operating in a workplace Competence, Internationality and Multiculturalism Competence

Content

- Managerial business communication (writing, speaking and presentations)

- Recruitment communication from the employer´s point of view

- Ethical aspects of business communication

- Business communication as a tool for managing conflicts

- Crisis communication

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The principles of business communication:
The student understands the basic principles of business communication and the role of communication in recruitment and managing conflicts.
The student is able to communicate in basic business situations and according to the company values.
The student is familiar with the basic principles of crisis communication.

Level 2
The principles of business communication:
The student understands basic principles of business communication and the role of communication in recruitment and managing conflicts.
The student is able to communicate in business situations and according to the company values.
He/she understands the basic principles of crisis communication.

Assessment criteria, good (3)

Level 3
The principles of business communication:
The student understands the principles of business communication and is able to analyse the role of communication in recruitment and managing conflicts.
The student is able to analyse and communicate in a variety of business situations and according to the company values.
He/she is able to analyse and act according to the principles of crisis communication.

Level 4
The principles of business communication:
The student is able to evaluate and utilise several business communication tools and evaluate the role of communication in recruitment and managing conflicts.
The student is able to effectively communicate in a variety of business situations and according to the company values. The student is able to use different means of crisis communication.

Assessment criteria, excellent (5)

Level 5
The principles of business communication:
The student is able to evaluate and utilise a wide array of business communication tools and critically evaluate the role of communication in recruitment and managing conflicts.
The student is able to effectively communicate in a variety of business situations and according to the company values. The student is able to use different means of crisis communication effectively.

Qualifications

NULL

Objective

The student knows different stages and objectives of sales process. He/she understands the role of sales in successful business.
He/she knows and understands the essential strategic management theories and the role of technology and research in sales.
The student understands principles of Customer Relationship Management and sales forecasting and evaluation.

Competences: Marketing and Sales Competence

Content

- Stages and objectives of sales process

- Strategic Sales Management theories

- Role of technology and research in sales

- Customer Relationship Management

- Sales forecasting

- Sales evaluation

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Stages and objectives of sales process:
The student is aware of different stages and objectives of sales process.
The student acknowledges the role of sales in successful business.
He/she knows and acknowledges the essential strategic sales management theories and the role of technology and research in sales.
The student acknowledges the principles of Customer Relationship Management and he/she acknowledges how the importance of sales forecasting and evaluation.

Level 2
Stages and objectives of sales process:
The student knows different stages and objectives of sales process and is able to apply them.
The student understands the role of sales in successful business. He/she knows and understands the essential strategic sales management theories and the role of technology and research in sales.
The student understands the principles of Customer Relationship Management and he/she understands how the importance of sales forecasting and evaluation.

Assessment criteria, good (3)

Level 3
Stages and objectives of sales process:
The student understands and is able to analyse different stages and objectives of sales process.
He/she is able to analyse how sales impacts successful business.
He/she is able to analyse and utilise the essential strategic sales management theories and utilise technology and research in sales.
The student is able to analyse and utilise Customer Relationship Management and sales forecasting and evaluation.

Level 4
Stages and objectives of sales process:
The student understands and is able to determine different stages and objectives of sales process.
He/she is able to analyse and determine how sales impacts successful business.
He/she is able to analyse and utilise the essential strategic sales management theories and utilise technology and research in sales needed to develop sales strategies.
The student is able to analyse and utilise Customer Relationship Management and sales forecasting and evaluation.

Assessment criteria, excellent (5)

Level 5
Stages and objectives of sales process:
The student is able to critically evaluate different stages and objectives of sales process.
The student is able to critically evaluate how sales impact successful business and how to potentially improve sales functions.
He/she is able to evaluate and effectively utilise strategic sales management theories and technology and research in sales. The student is able to evaluate and utilise Customer Relationship Management and sales forecasting and evaluation.

Qualifications

NULL

Objective

The student understands basic principles of global marketing and knows the global marketing environment and he/she is able to operate in it.
The student is able to deliver marketing strategies for international target groups. He/she understands the meaning of cultures and international networks from a marketing perspective and he/she is able to actively participate in international marketing projects.
The student understands responsible global consumer perspective and he/she understands how it impacts the future of marketing.

Competences: Internationality and Multiculturalism Competence, Marketing and Sales Competence

Content

- Understanding and analysing of global markets

- Planning of international marketing

- Networking skills and leadership in networks

- Cross-cultural knowledge in international marketing

- Global consumer

Location and time

Spring semester 2025 from week 6 to 14

Materials

Material is provided during the study unit implementation and can be found in Moodle. 

Teaching methods

Learning process is organized through individual working, project work and problem- solving processes. It includes group and individual assignments, lectures and knowledge acquisition activities.

Exam schedules

First exam is week 14.
Exam can be redone at a later date: week 17 (can change) and week 20 (can change).

Completion alternatives

There are no other ways to complete the study unit.

Further information

Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitin) will be used. Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions. Please download the thesis template and the referencing instructions here: https://www.lapinamk.fi/en/Students/Study-Guide,-Degree-Programme-Students/Thesis https://lib.luc.fi/c.php?g=662513&p=4803830Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
The basic principles of global marketing:
The student understands the basic principles of international marketing and is able to apply them in simple contexts. He/she understands opportunities and challenges of international markets.

Level 2
The basic principles of global marketing:
The student understands the basic principles of international marketing and is able to apply them in different contexts. He/she understands opportunities and challenges of international markets.

Assessment criteria, good (3)

Level 3
The basic principles of global marketing
The student is able to utilise different marketing methods in international marketing.
He/she is able to analyse opportunities and challenges of international markets.

Level 4
The basic principles of global marketing
The student is able to evaluate and utilise different marketing methods in international marketing.
He/she is able to utilise opportunities and challenges of international markets.

Assessment criteria, excellent (5)

Level 5
The basic principles of global marketing
The student is able to critically evaluate and utilise different marketing methods in international marketing.
He/she is able to evaluate and utilise opportunities and challenges of international markets

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation. Active group participation is seen as part of the group presentation evaluation. Overall learning process, deadlines and actively attending to classes (bonus points).

All assignments must be done and passed to complete the study unit.

Qualifications

NULL

Objective

The student has an overall understanding of risks, risk management and corporate security and their meaning in business. He/she recognises internal, external and international risks.
The student is able to identify and assess risks and is able to apply risk management tools.
The student recognises risk management as a crucial part of business management.
He/she knows regulations and ethical principles governing the safety of business and risk management.

Competences: Law and Risk Management Competence

Content

- risk management

- corporate security

- different types of risks

- risk assessment

- risk management plan

- risk management tools

- risk management regulation

Location and time

January -February 2025

Materials

Lesson material in Moodle

Internet Links

Paul Hopkin: Fundamentals of Risk Management

Teaching methods

Lessons, exercises, independent work

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Risk Management:
The student recognises the basic terms and concepts of risks and risk management and corporate security and is able to identify business risks and risk management tools.
He/she recognises risk management as a crucial part of business management.
He/she knows some regulations governing risk management and corporate safety.

Level 2
Risk Management:
The student understands independently terms and concepts of risks and risk management and corporate security and knows business risks and risk management tools.
The student can use some of tools in basic level.
Under her/his guidance he/she understands guided management as a crucial part of business management.
He/she knows regulations governing risk management and corporate safety

Assessment criteria, good (3)

Level 3
Risk Management:
The student is able to make a risk assessment and choose risk management tools and use them accordingly.
He/she understands risk management as a crucial part of business management.
He/she understands risk management and corporate security terms and regulation.

Level 4
Risk Management:
The student is able to make a risk assessment and risk management plan and assess them.
He/she understands well risk management as a crucial part of business management.
He/she understands risk management and corporate security terms and regulation.

Assessment criteria, excellent (5)

Level 5
Risk Management:
The student is able to make a risk assessment and risk management plan and assess them critically.
The student has a command of the risk management and corporate security terms and regulation.
He/she understands risk management as a success factor in business ensuring a company’s operations.

Assessment methods and criteria

Evaluation
• Excellent 5 = risk assessment / safety document is made to a real company. All Important
parts of document are told and included. There are documented contacts or visits to the organisation.
• Good 4 = risk assessment / safety document is made to a real company. Most of the
Important parts of document are told and included.
• Good 3 = risk assessment / safety document is made to a fictional company. Most of the
important parts of document are told and included.
• Because of it is a question of safety and security, no lower grades are
allowed

Qualifications

NULL

Objective

The student knows the legal environment of a company.
The student knows the basics of contract and corporate law and their meaning and role in business.
He/she can retrieve and apply legal information.
He/she recognises main legal factors and challenges in business in the field of contract and corporate law.

Comptences: Law and Risk Management Competence

Content

Basics of contract law:
- an overview of Finnish legislation and the courts of justice
- law of the person
- the meaning and contents of contract
- different types of contracts
- sale of goods
- consumer protection
- the main principles of compensation for damage

Basics of corporate law:
- freedom of trade
- establishing a company
- company forms and their special features

Searching and applying judicial knowledge into practice in the field of contract and corporate law.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Business Law:
The student knows the basics of contract and corporate law.
He/she can retrieve and apply legal information in simple cases as well as recognize the meaning of legal factors and main legal challenges in business in the field of contract and corporate law.

Level 2
Business Law:
The student can explain the basic knowledge of contract and corporate law and give examples of them.
He/she is able to find and use this legal information with assistance but cannot fully apply it.
He/she can give examples/describe legal challenges in business in the field of contract and corporate law.

Assessment criteria, good (3)

Level 3
Business Law:
The student understands the basics of contract and corporate law.
He/she can retrieve and apply relevant legal information by leaning on the study material/given instructions.
The student has an understanding of legal factors and main legal challenges in business.

Level 4
Business Law:
The student has good knowledge and understanding of the basics of contract and corporate law.
The student is able to take legal factors into account when making decisions.

Assessment criteria, excellent (5)

Level 5
Business Law:
The student has a command of the basics of contract and corporate law.
He/she can efficiently retrieve and apply legal information in business problem solving and justify the decisions.
The student can foresee legal challenges in business in the field of contract and corporate law.

Qualifications

NULL

Objective

The student knows the principles of marketing and understands the modern marketing thinking.
He / she knows the tasks of marketing in a company, target group thinking and factors influencing consumer behaviour. The student understands the role of marketing as a success factor of a company and can make justified choices of marketing tools in different business situations in a company.
The student understands the marketing mix and understands responsible marketing practices.

Competences: Marketing and Sales Competence

Content

- Marketing thinking

- Segmentation

- Company´s external and internal operation environment

- Marketing mix

- Marketing tools

- Responsible marketing

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Principles of marketing:
The student knows the principles of marketing and the tasks of marketing in a company.
With assistance he/she is able to find reasonable marketing tools suited for business situations.
The student understands the role of marketing as a success factor for business.

Level 2
Principles of marketing:
The student can explain the principles of marketing and the tasks of marketing in a company.
With minimum assistance he/she is able to find reasonable marketing tools suited for business situations.
The student understands the marketing tools.

Assessment criteria, good (3)

Level 3
Principles of marketing:
The student understands the principles of marketing and the tasks of marketing in a company.
He/she is able to find suitable marketing tools for business situations.
He/she can evaluate the chosen marketing tools.

Level 4
Principles of marketing:
The student has a good understanding of the principles of marketing and the tasks of marketing in a company.
He/she is has a good command of the marketing tools for business situations.
He/she can evaluate the chosen marketing tools.

Assessment criteria, excellent (5)

Level 5
Principles of marketing:
The student has a command of and can apply the principles of marketing and the tasks of marketing in a company.
He/she can create a successful marketing mix for the business situations at hand.
He/she can critically evaluate the chosen marketing tools.

Qualifications

NULL

Objective

The student recognizes business opportunities and the basic business processes and their interconnection. The student knows and the process of establishing a business. He/she understands the main principles of profitable and responsible business.

The student is able to take responsibility of his/her own actions. He/she knows how to be an active team member and reflect his/her team members and own performance.

The student is able to perform business related tasks as a team member.

Competences: Learning to learn Competence, Ethics Competence, Operating in a workplace Competence, Proactive Development Competence, Economics and Financial Management Competence, Marketing and Sales Competence, Law and Risk Management Competence

Content

- Teamwork and rules
- Team business project
- Brainstorming/developing a business idea
- Establishing and starting a business
- Sales pitch
- Business planning tools
- Productisation and pricing
- Implementing business idea and processes
- Organizing an event
- Day to day financial management

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Business planning:
The student is able to recognise business opportunities and business processes and how they are connected to one another.
He/she understands main principles of profitable and responsible business.
The student is able to take responsibility for his/her actions and understands what it takes to be a productive team member.
The students is able to perform business related tasks with assistance.

Level 2
Business planning:
The student is able describe business opportunities and business processes and how they are connected to one another.
He/she is able to apply profitability-thinking in business planning calculations and is able to take into account responsibility in business planning.
The student is able to perform as productive team member.
The student is able to perform business related task with according to given instructions.

Assessment criteria, good (3)

Level 3
Business planning:
The student is able to utilize business knowledge in business planning and he/she is able to analyse business opportunities.
He/she is able to analyse business processes and is able to analyse reasons behind profitable and responsible business.
The student is able to take responsibility for his/her actions and has an active role as productive team member.
The student is able to perform business related tasks.

Level 4
Business planning:
The student is able to utilize business knowledge and to make justified choices in business planning.
He/she is able to justify made decisions based on profitability and responsibility of the business.
The student understands the meaning of each team member’s contribution to the whole team. The student is able to perform on his/her own initiative.
The student is able to perform business related tasks fluently and independently.

Assessment criteria, excellent (5)

Level 5
Business planning:
The student has adopted an entrepreneurial thinking for his/her business idea.
He/she is able to critically analyse business processes and is able to critically analyse reasons behind profitable and responsible business.
The student is able to take responsibility for the team and its actions and bring ideas to develop the team.
The student is able to perform business related task proficiently.

Qualifications

NULL

Objective

The student understands the basic concepts of financial management and knows the legislation related to financial management.
They know the basic of bookkeeping and financial statement.
Student understand the concept of value-added tax and is familiar with value-added tax and corporate taxation.
Student knows how to do bookkeeping with electronic financial management system.
Student understands the basic concept of cost-volume profit analysis and pricing for small business.

Competences: Economics and Financial Management Competence

Content

- Accounting legislation
- Bookkeeping
- Corporate taxation and VAT
- CVP and pricing

Location and time

Spring semester 2025 from week 3 to 13

Materials

Book: Business Accounting and Finance by Catherine Gowthorpe 5th edition and

Lecture materials and exercises

Teaching methods

Learning process is organized lectures, independent studies and knowledge acquisition activities.

Exam schedules

The first exams for the two topics are given below. Both exams can be redone at a later date.

1) Cost Accounting exam X.2.2025 and Financial Accounting exam x.3.2025
2) end of April 2025 (can change)
3) end of May 2025 ( can change)

Completion alternatives

There are no other ways to complete the study unit.

Content scheduling

• CVP and pricing
• Accounting legislation
• Bookkeeping
• Corporate taxation and VAT
* Financial Statement Analysis

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Financial management:
The student knows the basics of bookkeeping and financial statements.
The student understands the concept of value-added tax and is familiar with value-added tax and corporate taxation.
He/she understands the basic concept of cost-volume profit analysis and pricing for SMEs.

Level 2
Financial management:
The student knows how to apply bookkeeping and compile financial statements.
The student is able to use value-added tax and understands the taxation procedures related to value-added tax and corporate taxation.
He/she is able to use the basic concept of cost-volume profit analysis and pricing for SMEs.

Assessment criteria, good (3)

Level 3
Financial management:
The student understands the role of financial management in business.
He/she knows basics of accounting and can apply them to small business.
The student knows how to apply cost-volume profit analysis and pricing for SMEs

Level 4
Financial management:
The student has a good knowledge of financial management.
The student is able to apply accounting process to SMEs with assistance.
The student is able to calculate a company’s financial and operational performance.
He/she knows the role of cost-volume profit analysis and pricing in company’s financial performance.

Assessment criteria, excellent (5)

Level 5
Financial management:
The student has an excellent knowledge of financial management.
The student is able to apply accounting process to SMEs independently.
The student is able to evaluate a company’s financial and operational performance.
He/she understands the role of cost-volume profit analysis and pricing in company’s financial performance.

Assessment methods and criteria

Assessment is based on the process and actual skills and knowledge evaluation.
• Exam 80 % (0/1-5)
- Exam 1 30p topic Cost Accounting (Individual)
- Exam 2 50p topic Financial Accounting ( Individual)
• Case 1: 15 % Interpreting financial statement (0/1-5)
• Case 2: 5 % Taxation Quiz (individual) pass/fail
• Bookkeeping software assignment (individual) pass/fail
• Starting level exam pass/fail (Individual)

All assignments are done individually.
Also, assignments must be done and passed to complete the study unit.

Plagiarism and use of references:

Please notice that in study unit assignment returns the plagiarism detection programs (for example Turnitit) will be used.
Also notice that you need to use Lapland UAS templates (essay, thesis, report etc) and writing instructions. Textual references must be done according to the given instructions.


Submitting assignments against given instructions may lead to failing and other possible consequences according to the Degree Regulations.

Assessment criteria, fail (0)

The student does not complete the assignments/ requirements according to instructions or does not attend the learning situations at all. He/she does not pass the assignments and/or the exam as required.

Assessment criteria, satisfactory (1-2)

Financial management:
The student knows the basic of bookkeeping and financial statements. The student understands the concept of value-added tax and is familiar with value-added tax and corporate taxation. He/she understands the basic concept of cost-volume profit analysis and pricing for SMEs.

The student has an excellent knowledge of financial management. The student is able to apply accounting process to SMEs independently. The student is able to evaluate a company’s financial and operational performance. He/she understands cost-volume profit analysis and pricing in company’s financial performance.

Assessment criteria, good (3-4)

Financial management:
The student understands the role of financial management in business. He/she knows basics of accounting and can apply them to small business. The student knows how to ably cost-volume profit analysis and pricing for SMEs.

Assessment criteria, excellent (5)

Financial management:
The student has an excellent knowledge of financial management. The student is able to apply accounting process to SMEs independently. The student is able to evaluate a company’s financial and operational performance. He/she understands cost-volume profit analysis and pricing in company’s financial performance.

Qualifications

NULL