Course name Budgeting and Performance Evaluation
Course date 29.08.2022 - 14.10.2022
Institution HAAGA-HELIA University of Applied Sciences
Course language English
Credits 5 ECTS credit

Field Business HUB, Entrepreneurship HUB
Teacher Thomas Sundman
Available for open UAS No
Level Bachelor

Queries related to enrolment practices
Enrolment period 15.08.2022 - 18.08.2022
Course enrolment info

Budgeting and Performance Evaluation

29.08.2022 - 14.10.2022

Course description

Course objectives

You can prepare operational and financial budgets and measure performance against the targets. You are able to estimate revenues, expenses and resources over a certain period, including financing of the planned actions. You apply different budgeting techniques. You monitor and evaluate the business performance against the set goals. You present and communicate effectively the financial information within the organization. You make a qualitative research in the field of budgeting or performance evaluation.


  • master budget of a company
  • forecasting and budgeting methods
  • flexible budgets and variance analysis
  • goal setting and measuring against the targets
  • key performance indicators
  • balance scorecard
  • qualitative research method


Basics of Financial Management or similar knowledge.

Assessment criteria

Course assessment 1-5

Grade 1

  • You know the key concepts within the course’s scope, but are yet to develop the general view and the big picture of the subject matter.
  • You can complete given tasks and assignments with assistance. You need to develop how to apply knowledge.
  • You demonstrate some ability to perform skills and have basic knowledge, but you have difficulty to manage without assistance.

Grade 3

  • You know the key concepts well and can explain how the theories and models function and the tools are used. You have a general view of the subject matter.
  • You complete given tasks and assignments independently. You apply knowledge in hands-on business related situations. You can critique your own practice and identify ways to improve.
  • You demonstrate sufficient ability to perform skills and have basic to good knowledge. You can perform independently, but you have some challenges in passing on your skills and knowledge to others. You have an interest in professional development.

Grade 5

  • You have a strong command of the key and related concepts. You can critically evaluate theories, models and tools. You can demonstrate explicit knowledge of the subject matter, and how it relates to other disciplines.
  • You apply knowledge in demanding business related situations. You can prioritize and critically select tools and methods for solving complex problems in the subject matter.
  • You execute skills with natural proficiency and you have detailed and explicit knowledge. You can perform independently and you are also able and actively willing to help others develop and pass on your skills. You have an attitude of continuous professional development.


Course way of working and time table

Online teaching

On Tuesdays and Thursdays at 11:00 – 13:45


Course enrolment info

Enrolment link above. Please note if the course is not available on the enrolment list it is already full.

Haaga-Helia students enrol to the course (BUS2IB102) during Haaga-Helia enrolment period through Peppi.