Time: You can start your studies within a week after enrolment. The estimated completion time for this course is 2-3 months.
Please note! The course opens and you can start your studies 3 February 2026! The course will end 31 January 2027.
Enrollment for the spring courses is open till 14 June 2026, and you can start your studies within a week after enrollment. This course is also available in fall – enrollment opens in June and the first start is in August 2026.
Please note that lecturers will not provide guidance or assess courses between 1 June and 16 August 2026.
Place: Online studies
Scope: 5 ECTS credits
Target group: Anyone interested in the subject
Required previous skills: The knowledge of the basics in accounting and leadership is recommended.
This course is completed independently online on Learn digital learning environment.
Please notice that only students with a Finnish social security number (i.e. a personal identity code) can start their studies on Xamk Pulse’s courses. You can read more here.
Credited in degree at Xamk: All bachelor level degrees
Area of competence mentioned in Curriculum: Optional studies
Enrolment by 29 November 2026, when there are approximately 2 months left to complete the course.
Fee: Free of charge
You can enroll for Open UAS studies for a maximum of 50 credits per semester. Enrolments that exceed 50 credits will be removed in the order of enrolments.
Xamk degree students who are present or absent cannot enroll for Xamk Pulse’s courses. Enrolments by Xamk degree students will be removed without separate notification.
Learning outcomes:
- You are able to take into account the financial goals of a service enterprise and act accordingly from the leadership point of view.
- You are able to interpret financial information.
- You are able to utilize financial information in management decision making.
- You are able to apply the most common price setting methods.
Contents and methods:
- How can the profitability of a service enterprise be affected?
- How does the price setting affect the profitability of an enterprise?
- What do financial statements indicate about the financial situation of a service enterprise?
- What kind of key ratios and indicators can be used in analyzing the economic situation of a service enterprise?
- What kind of calculations can be used in decision making?
Self-study-based course with 2-3 exams and quizzes. Instructions and tasks on XAMK’s Learn platform.
The course does not include group work and classroom teaching or online teaching is not given. All teaching as recordings.
Online course, exams can be taken freely at your own pace during the completion of the course.
Discussion Topics 1-8 (Recorded lectures and materials) and their quizzes.
Articles and coursebook, topics 9-10, and two exams.
More details: see course’s websites.
The completion of the course is based on the student’s own active work; getting to know the materials and answering exams. Course schedules must be followed. The course completion is automated. Exams and quizzes on duty freely within the deadline.
The course is conducted in English only.
The course covers 5 ECTS credits, totalling 135 hours of student work. The number of hours is theoretical and varies according to student effort.
Study material:
Course and exam book: Bettner Mark S: Using Accounting and Financial Information, 2014. (The book is mandatory and available as an e-book from the XAMK’s Kaakkuri Library.)
(Extrabook (this book is not mandatory): Elliott, B. and Elliott, J. (2019) Financial Accounting and Reporting (19th edn), Harlow, Essex, Pearson Education Limited.
Texts/articles picked up by teacher.
Other study material can be found on the Learn website of the course. The studies are based on material there or linked therein.
All the teaching to be given has been recorded and can also be found on the Learn website of the course.
Assessment:
a. You can use professional vocabulary related to leadership in financial administration.
b. You can evaluate operations considering leadership in customer, user, and other target group situations.
c. You can choose the most appropriate models and methods and justify your choices.
THE EVALUATION DEPENDS ON:
Quizzes and exams (100 percent), max 120 points.
The assessment is based on the total points collected by the student from the quizzes and exams. Ten topics; eight quizzes and two or three exams.
120 – 108 points = 5
107 – 96 points = 4
95 – 84 points = 3
83 – 72 points = 2
71 – 59 points = 1
58 – 00 points = Failed
Grades: 1-5
We will inform you about the implementation of the course by email. If you do not receive the message, please also check your spam!
Additional information on enrolment
Xamk Pulse, openstudies@xamk.fi.
Cancellation
If you do not start your studies, please inform us so that we can remove you from the course. This way, there will be no record of the course you did not complete. Cancellations should be sent to avoinamk@xamk.fi.
Transcript of records
The teacher has one month to give a grade after the student has completed all learning tasks. We will send you an electronically signed transcript of records within about a week after you have received the grade in the Peppi system. The transcript serves as a document if, for example, you are applying for credit for your studies at another university. Studies can also be credited at Xamk if you come to us as a degree student. See more on our website Information on Open UAS, Xamk Pulse studies.
This course is based on the curricula of Xamk’s degree programmes and the Finnish credits are fully compatible with the ECTS.
Please note that there can be changes in the course details in terms of the timetable and teachers, for example.
South-Eastern Finland University of Applied Sciences is audited by the Finnish Education Evaluation Centre (FINEEC).