Scope: 3 cr (81 h)
Timing: 1st semester
Level: Basic studies Supporting module
Type: Compulsory to students failing pre-test
After completing the course, the student will be able to
• pose good skills and hands-on expertise in basic business mathematics tools
• know the principles of how to use excel spreadsheet
• understand and produce basic business mathematical formulas such as percentages, yields, etc.
• effectively perform and express in the standard way the basic financial and statistical functions
• understand special accounting terminology and the key figures of the hotel, restaurant and tourism industry and can put them into practical use
This course will involve the following activities
• Doing exercises involving the basic mathematical functions
• Working with and understanding Excel spreadsheets
• Applying the basic mathematical and financial functions to spreadsheets
• Working with standard business calculations and reports such as percentages, yields and the income statement
• Getting an overview through practical exercises as to how these things all interrelate
Starting level and linkage with other courses
Basic level of English comprehension
The course is evaluated on a scale excellent (5), very good (4), good (3), satisfactory (2), fair (1), fail (0). The assessment criteria is presented on a scale 1 - 3 - 5.
Participation and assignments
The student had as passing understanding of the mathematical and technical skills needed for managers and can to some degree understand and produce the relevant information, but with a fair number of errors.
The student had as good understanding of the mathematical and technical skills needed for managers and can understand and produce the relevant information effectively, although with some errors.
The student has an excellent understanding of the mathematical and technical skills needed for managers and can effectively understand and produce the relevant information with few or no errors.
Working life connections
Applications are taken from hospitality industry. Skills learned are applicable by managers in any organization.
Strong focus on the mathematical skills needed by managers, as well as the mathematical and technical skills needed to implement them effectively.
Focus on how to become competent user of Excel.
Assessing one’s own learning is a compulsory part of the course.
Pekka Heikkilä, Haaga