Course name Financial planning for the future (YAMK/Master)
Course date 20.04.2023 - 30.06.2023
Institution LAB University of Applied Sciences
Course language English
Credits 5 ECTS credit

Field Business HUB
Teacher Timo Saarainen, Mika Tonder
Available for open UAS Chargeable
Level Master’s level

Queries related to enrolment practices
Enrolment period 21.11.2022 - 18.12.2022
Implementation plan
OPEN UAS Enrolment
Course enrolment info

Financial planning for the future (YAMK/Master)

20.04.2023 - 30.06.2023

Course description

Learning outcomes:  The student is able

  • to gain an in-depth understanding of financial management, budgeting and investments.
  • to consider and evaluate macro economical situations and their impact on tourism and events.
  • to apply scenario thinking / identify possibilities of alternative futures in tourism and event management / for pre-active / proactive business development and financial management.
  • to identify new possibilities for profitability and disruptive business models in tourism and events.

The course content is built from the theories and practical solutions. After successfull participation the students will understand and manage the following:

  • Management of financial needs in corporations
  • Principles of financial planning and forecasting in corporations
  • Financing and financial instrumentation of investments and working capital in corporations
  • How to read key financial indicators during planning process and capital structuring
  • Managing financial risk in corporations


Business Mathematics Course or similar knowledge.

Assessment criteria


Course way of working and time table

Virtual teaching, virtual and written exam, essays and assignments. Cases from various tourism and event management situations. Calculating and justification of financial decisions and their forecasting. Two course reports are the basis for the course assessment.

Contact lessons on Zoom:

  • 20.04.2023 09:15:00 – 16:00:00
  • 21.04.2023 09:15:00 – 16:00:00
  • 11.05.2023 09:15:00 – 16:00:00

Completion alternatives: The student will deliver a report based on the pre-course selected topics. Main work in the course is the report, which is based on selected topic area. This should preferably support students daily work and future objectives. Additionally, virtual Moodle exam may be considered.

Course info

It will be beneficial if students reports will be chosen from the course area related topics.

Course enrolment info

Students of the other UAS (Degree students and Open Studies’ path students)  enrol via Ilmoittaudu/Enroll -link. Please, write your student email to the enrollment form. Starting instruction will be sent after the enrollment period.

Others register via the Open enrolment/ Avoin AMK ilmoittautuminen link. See the registration link for further instructions. Registration for others starts on 29.11.2022 at 8.00. A quota of places is reserved for Open University of Applied Sciences students. A price is 75 €.