The student can name the core fields of management accounting, recognises the relevant management accounting principles and practices used by companies and understands the role of management accounting in business. The student is able to identify the common management accounting tools and methods used and provides plain performance in course tasks and participation. The student knows the principles to make basic calculations related to theme. The student can give and receive feedback, minimum level, takes responsibility as an individual learner, acts as part of team under supervision and recognises his/her level of interaction.
The student is able to structure and connect the role of management accounting in company operations, apply the management accounting tools and concepts used by companies, explain why and how to use various management accounting methods and explain the need for targeting profitable business. The student can make simple profitability calculations with analysis, company financial projections and relevant financial comparisons for management decision making. The student can simulate various factors for making profitable company.
The student can give and receive constructive feedback, operate in professional manner by recognizing relevant scope and needs, develop his/her interaction skills adding value to the team and take responsibility as needed.
The student is able to adapt the course themes at professional level, find and translate the course themes, expand the context by bringing authentic perspectives, experiences and opinions and analyse the selected management accounting themes. The student finds the academic approach to management accounting and uses additional research papers and academic sources. The student activates mindset to connect financial accounting in working life situations. The student can build creative solutions by combining the course themes, evaluate outcomes, look for new opportunities and justify the decisions made. The student is able to look for alternative perspectives for the topics in management accounting. The student uses feedback to iterate the learning process, add collaboration, develops creative and constructive working methods and brings professional commitment throughout the course.
Materials by the lecturer,
Voluntary additional reading: Eddie McLaney, Peter Atrill,
Accounting and Finance, an introduction
On-line teaching and discussion, team works, individual and team exercises
01.01.2022 - 01.05.2022
24.11.2021 - 15.01.2022
MD in International Business Management
Master's Degree Programme in International Business Management
TAMK Main Campus
The requirement for the evaluation is a report, based on selected course topic
To be informed during the lecture
International Masters studies
The course is 5cr, which is based on lectures, active individual studies (reading, exercises, report) and collaboration with set teams
The details are to be informed in the beginning of the course, the first lecture