Curricula 2017–

Degree Programme in Business Administration, Vaasa (210 cr)

English translation, degree programme conducted in swedish.
Degree: Bachelor of Business Administration
Qualification title: Bachelor of Business Administration
Duration of studies: 3,5 years
Study type: Full-timeFull-time
Realization plans

Core Studies

51 cr
Joint Core Studies consist of 51 ECTS and Joint Professional Studies of 105 ECTS. The content of the study modules follows the official curriculum. Individual study plans are possible and will be decided by the head of the Degree Programme in cooperation with the student. The individual study plan must be documented in Winha. The total content of the courses must correspond to the content of the curriculum of the Degree Programme.
FEV14IN013    3 cr
-know their own university, field of studies and learning style
-are able to reflect on their studies, future plans and are aware of the impact of the personal development in relation to lifelong learning and a future career
-are able to gain knowledge and create an individual learning environment
-know the process of finding information and are able to critically evaluate information
-are able to plan, carry through and evaluate processes
- are able to use project management tools
-understand the importance of teamwork and the ability to work in all kinds of groups
FEV13KO9123  24 cr
Can communicate verbally and in writing with people both in and outside the industry in the mother tongue, the other domestic language, English and at least one additional foreign language


The student:
- can communicate both orally and in writing in an organized and functional way according to the demands in working life and community
- knows the process of scientific writing and can use references
- knows different ways to search for information and reports according to standards
- can make documents for commercial correspondence.
3    3 cr


The student:
- understands the importance of communication as an element for a company to succeed
- can participate and contribute in both extern and intern communication in a company
- knows different instruments for successful communication.
 3   3 cr


the student is
- able to express him-/herself orally and in writing in a professional way in work related situations. Can meet with customers and partners.
- is familiar with the essential terminology within his/her own field and can understand specialist literature during studies, in his/hers future profession and in his/hers professional development.
- shall show such knowledge in Finnish that is required of public employees by the law (424/2003). This means that the student must show satisfactory (grades 1, 2 or 3) or good (grades 4 or 5) ability to use Finnish in speech and writing. Oral and written skills are graded separately.
3    3 cr

Finnsih for Business Life

the student
- is familiar with and has a good understanding of oral and written business communication.
- can understand technical and trade texts and terminology in Finnish.
- is familiar with the Finnish business life and culture
 3   3 cr

Business English 1

The course enables the students to become confident in using English at work and in business by providing them tools for basic job related documents and, to improve their understanding of grammar to allow them to work more successfully in English.
The course will also give tools for students to be able to negotiate and manage business meetings and other working life and business related situations in English, while at the same time developing fluency in English.
3    3 cr

Business English 2

The course enables the students to communicate more confidently, effectively, accurately and fluently in both written and spoken English, and to expand their grammatical knowledge and business English vocabulary enabling them to use a greater range of structures while speaking and writing in English.
The students will also develop their presentation skills by analysing figures, graphs, and describing trends; furthermore, they develop a broader understanding of topical international issues.
Business English students will gain a broad perspective on the business world today, while at the same time developing fluency in English.
 3   3 cr

Elective language

-understand the importance of language skills and cultural skills in business
-master at least one foreign language beyond English, to be able to communicate verbally and in writing in daily working life
-can cooperate with people from different cultural backgrounds and understand the cultural differences
 33  6 cr
FEV13MA333  9 cr
-master the mathematical applications needed in business

Matemathics and Business

-can apply to the different mathematical methods needed in business life, for example percentage calculation, index numbers, purchasing power and inflation, foreign currencies and interest calculations.

Kompetens- och bedömningsmatris
3    3 cr

Financial Matemathics

-can compute compound interest
-understand and can solve problems about periodic payments
-can do investment calculations

 3   3 cr


-have a good command of statistical terminology and methods
-can use statistical data processing, especially Excel
  3  3 cr
FEV13IT9    9 cr
-master the most common IT applications used in business
-are able to manage different IT solutions for both studying and professional purposes

Office Tool Programmes

-can use information systems, e-mails and the web in an efficient way
-know the most used office systems in business life
-can use word processing, calculation and presentation
-know different aspects of data security
-are acquainted with databases

6    6 cr

Photo Editing and Publishing

-know the basics of photo editing
-can produce material for digital publications
-know the social media as work tools
-know how to create simple web pages

3    3 cr
FEV13NA013    3 cr
-understand the importance of public economics and its impact on business life
-know the terminology of economic sciences
-have an overall picture of the structure of economics
FEV13UN01  3  3 cr
-knows how to systematically and flexibly conduct research both for the thesis and in projects
-knows about research ethics and can apply it in the research process
-knows about and can use qualitative and quantitative research methods
-can evaluate and analyze scientific texts and is able to see the connection between science and work praxis
-is able to use evidence based knowledge
-can evaluate and ask relevant questions

Professional Studies

105 cr
Joint Core Studies consist of 51 ECTS and Joint Professional Studies of 105 ECTS. The content of the study modules follows the official curriculum. Individual study plans are possible and will be decided by the head of the Degree Programme in cooperation with the student. The individual study plan must be documented in Winha. The total content of the courses must correspond to the content of the curriculum of the Degree Programme.
FEV13FE016    6 cr
-understand the concept of entrepreneurship
-understand what entrepreneurship means for business economics
-can prepare and explain a business idea and a business plan
-know how to establish and run a company
-understand business risks
-know the difference between different types of companies and can motivate the choices of the types

FEV13JU63   9 cr

-is capable of starting and running a business from a legal point of view

-knows the company´s legal obligations and rights when entering into agreements and hiring staff

Basics of Commercial Law

-are familiar with the legal system in Finland
-know the legislation about contracts, obligations and sales of goods
-can solve elementary legal matters in the fields mentioned above

6    6 cr

Labour Legislation and Payroll Administration

-have a basic knowledge of labour laws
-can make contracts of employment
-know working hours legislation Act and the Holiday Act
-know the legislation and are able to conduct tasks related to payroll administration
 3   3 cr
FEV13EF93   12 cr
-are able to deal with economic issues in small firms
-are able to manage accounting, payroll administration and regulatory reporting concerning value added tax and employer obligations in small firms
-are able to read and understand financial reports
-are able to manage profitability calculations, pricing calculations and budgets
-know the basics of financing

Basics of Financial Accounting

-understand the basic principles related to financial accounting
-can do book-keeping and close the books
-understand the basics of value added taxation and can do periodic returns
-can take care of the book-keeping in a company
-are able to interpret the financial statements of a smaller company

6    6 cr

Basics of Management Accounting

-have a good command of the central theory in management accounting
-understand the principles of profitability
-can make calculations and budgets as support for economic decision-makings

3    3 cr

Basics of Finance

-know the activities of financial and stock markets as well as the most important financing instruments
-can prepare capital budgets and financing budgets
-are familiar with risk management and its importance
 3   3 cr
FEV13MF96   15 cr
-are familiar with the tasks in marketing and can manage customer relationships
-know the basics of marketing and consumer law
-understand the impact of marketing on the company´s profitability

Basics of Marketing

-have basic knowledge of marketing in the consumer and industrial market
-know consumer behavior and processes of buying
-can plan and implement the marketing of an organization and understand the importance of different medias in the marketing process

6    6 cr

Salesmanship and Customer Service

-understand the importance of customer service for a successful organization
-are familiar with the selling process and can use different methods to achieve the goals
-can argue and negotiate
-understand the importance of social competence when selling

3    3 cr

Customer Relations and Profitability

-understand the importance of customer relation management
-can determine the profitability of a customer
-can frame strategies, sales forecasts and calculations needed in marketing
 3   3 cr

Marketing Laws

-know the legislation about consumer rights and obligations
-know what legislation companies have to obey when marketing
-understand the importance of legislation of unfair competition and intangible property rights
-know the meaning of product liability
 3   3 cr
FEV13OL01  6  6 cr
-understand the company as an organization
-are familiar with facts affecting an individual´s motivation and attitudes
-know the labour market in their own field
-understand the importance of the work community and the meaning of staff and skills development
-understand the connection between staff well-being and business success
-realize the importance of leadership and the connection between leadership and a company´s aims and strategies
-are familiar with staff development processes and compensation models
-know different methods of leadership
FEV13LO013    3 cr
-understand the role of logistics in a company and between companies
-manage to plan, organize and control the purchasing process, transports, stocking and customer service
-see the role of logistics considering a company´s financial issues and competitiveness
-know different logistic models

FEV13FS01 3   3 cr
-understand the different aspects of a company´s social responsibility: economical, environmental, social and ethical aspects
-know different CSR programmes that help companies to gain better insight into their social responsibility
-understand the individual´s responsibility for sustainable development
FEV13KV01  3  3 cr
-understand the impact of quality on customer satisfaction and effective operations
-can take part in the quality development of the organization
-know the existing systems and standards for developing and improving quality management
FEV14UN02  3  3 cr
The student:
- can use different methods for planning and accomplishing a research project in their own specialization
- knows the different stages in a research process
- can use sources with criticism
- can report a project orally and in writing
- can review others work and act as an opponent.

Profile Studies Financial Management

45 cr
The Profile Studies must be approved by the Head of the Degree Programme. Profile Studies within the Programme of Business Administration belong to Professional Studies and cover 45 ECTS.
To start a certain profiling it is required that at least 10 students have chosen this. The maximum number of students at each profiling is limited. The content of the Profile Studies can vary according to the student´s interest and also according to the annual range of courses.
FEV13EF04 105  15 cr
-master special issues in both accounting and value added tax
-can produce financial statements for a company taking into account existing tax legislation
- understand the impact of tax on the company's results and can apply different tax planning options in all forms of business

Financial Accounting in Different Forms of Organizations

-know different types of organizations and see similarities and differences in accounting
-can plan and realize book-closing for private businesses, partnership companies , limited companies, cooperations, associations and foundations
-can do certain transactions concerning for example bond issues, dividends, liquidation and management
-know the financial effects of changing business form
 5   5 cr

Advanced Financial Accounting

-understand the principles of valuation of liquid assets
-can calculate and book the depreciations, both planned and excessive
-have a good command of special aspects of accounting, such as reserves, appreciations and different forms of finance
-have advanced knowledge of value added taxation
 5   5 cr

Corporate Taxation and Result Planning

-deepen their knowledge of company taxation and taxation in different company forms
-can plan and do financial statements for different kinds of companies with regard to current rules of taxation
  5  5 cr
FEV13EF08 510  15 cr
-understand the impact of internal accounting for the company's strategic and operational planning
-are able to utilize the annual report as a tool for planning
-are able interpret and compare the company's finances with others in the same industry
-manage the most important IT-solutions used in accounting.


Management Accounting

-know different methods of planning, applying and following up a company´s financial control
-can make different calculations to form the backgournd for decisions
-know different methods of calculation such as cost based, activity based and vale based calculations
 5   5 cr

Company Analysis

-can perform a financial statement analysis and evaluate the results of it
-understand how profitability, liquidity and financing are connected
  5  5 cr

Accounting Information Systems

-understand in what way different it solutions support the auxiliary books
-can use different information technology systems when doing accounting
-understand the auxiliary books and their connection to the general ledger
-know ERP-systems
  5  5 cr
FEV13EF12  15  15 cr
-master different areas of specialization in financial management and can integrate these in general

Payroll Administration

-can take care of a company´s payroll administration in practice
-can apply current legislation and collective agreements to the payroll administration
  3  3 cr

Introduction to Auditing

-understand the purpose and substance of auditing
-know the regulations of auditing and the qualifications of an auditor
-can do minor auditing including adherent reports
-can do inspections of operation including adherent reports
-are able to work in auditing teams
  3  3 cr

Introduction to Internal Control

-know legislation, recommendations and frameworks concerning internal control
-can implement and evaluate the internal control
-can find business risks and know the principles of risk management
  3  3 cr

Company Valuation and Business Reorganizations

-understand the aim of company valuation and stock valuation
-know different methods of valuation
-understand problems in valuation and tax issues concerning generation change of family enterprising
-know different types of business reorganizations and the impact of these
  3  3 cr

Group Accounting and International Financial Reporting

-are familiar with the conception of group accounting and are able to identify group relationships
-can consolidate smaller financial statement of a group
-know IFRS and the principles of consolidated financial statements according to the international standard
  3  3 cr

Profile Studies International Business

45 cr

The Profile Studies must be approved by the Head of the Degree Programme. Profile Studies within the Programme of Business Administration belong to Professional Studies and cover 45 ECTS.
To start a certain profiling it is required that at least 10 students have chosen this. The maximum number of students at each profiling is limited. The content of the Profile Studies can vary according to the student´s interest and also according to the annual range of courses.
FEV13IH01 510  15 cr
-understand the importance of foreign trade in a globalized world
-are able to handle issues related to import and export
-are familiar with the international financial market

Techniques of Foreign Trade

-are able to handle export and import activities in a company
-know the meaning of Incoterms
-are familiar with different ways of payment in foreign trade and can choose the most suitable
-can draw up contracts concerning foreign trade
-can make instructions for forwarding and custom clearance
 5   5 cr

Financing the Foreign Trade

-know different ways of financing and can choose the most suitable for foreign trade
-can apply for special sources of funding and are familiar with the financing guarantees
-understand the international money markets and their impact on financing
-see the necessity of risk management
  5  5 cr

International Law and VAT

-are aquainted with legal norms in international legislation concerning for example unfair competition, product liability and commercial missions
-can draw up international contracts
-are familiar with intellectual property laws
-understand the system of value added tax in intra-community and international trade
  5  5 cr
FEV13IH05 105  15 cr
-understands the company's internationalization process and what factors to take into account in international initiatives
- are able to manage marketing from an international perspective
- know the trade with different countries and understand the importance of cultural knowledge for successful business negotiations

Company Internationalization

Company Internationalization 5 cu
-know and understand the conditions of internationalization
-are familiar with strategies and methods of internationalization
-understand the prerequisites of internationalization
 5   5 cr

International Marketing

-can implement and analyze marketing planning for international markets
-know marketing communication in international markets
-understand cultural differences in international marketing
 5   5 cr

Cultural Knowledge and Different Market Areas

-understand the impact of business culture and organization culture on multicultural business relations
-are able to take in foreign cultures
-are familiar with business in certain market areas
-are aware of the international trade organizations and their impact on world trade
  5  5 cr
FEV13IH09 312  15 cr
-understands the supply chain from raw material to final product
-manage to plan, carry out and develop purchase and inventory management and transportation within the country and abroad

Purchase and Stock-keeping

-understand the financial importance of the purchase process and stock-keeping
-are familiar with optimization tools for purchasing and stock-keeping
-know procurement
-are able to develop the processes of purchasing and stock-keeping
-are familiar with internal logistics
-understand the philosophy of Lean production
 3   3 cr

Transport planning in practice

-manage to carry out independent transport planning for a manufacturing company
-understand the meaning of logistics both from the purchaser´s and the haulage contractor´s point of view
-are familiar with regulations concerning special conveyances; hazardous goods, foods etc
-know the role of a dispatcher
-are able to take environmental aspects into consideration when planning transports
  6  6 cr

International Logistics

-are familiar with national and international transport alternatives
-understand the connection between transport costs and profitability and can compare the costs of different transport alternatives
-know different distribution models and allocation models
-are acquainted with the legislation of transportation
  3  3 cr

Supply Chain Management

-can describe the supply chain management and its impact on the effectiveness of a company
-understand the importance of logistics and the competitive advantage of good logistical systems
  3  3 cr

Elective Studies

9 cr
 333 9 cr
-deepen and/or broaden their own competence according to personal preferences

Work Placement

30 cr
 101010 30 cr
Students have come into contact with the future working environment
Students have performed such tasks as belonging to their own branch and their own field of education
Students have gained insight into what the future occupational role can involve and as the studies progress, this awareness increases
Students gradually, as the studies progress, have gained deeper and / or experiences of different activities in the working life
Students can turn over the practical experience that the practical training provides into the theoretical studies
Students have developed professional skills through practical training Students have created contacts with working life

General Business Work Placement

-get acquainted with and receive contacts in business life
-deepen the knowledge of business and get familiar with the future profession
-practice the knowledge learnt in theory
-consider personal career planning when choosing internships
 10   10 cr

Specific Business Work Placement

-deepen the contact to business life
-receive practical experience of the optional profiling
-practice the knowledge learnt in optional professional studies
-consider personal career planning when choosing internships
  1010 20 cr


15 cr
FEK16EX   15 15 cr
-deepen their knowledge within the Profile Studies
-can apply theoretical models on practical issues
- show analytical and independent reflectivity

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