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721957S Fundamentals of Finance, 6 ECTS cr 
Code 721957S  Validity 01.08.2014 -
Name Fundamentals of Finance  Abbreviation Fundamentals of 
Scope6 ECTS cr   
TypeAdvanced Studies Discipline6354 Finance 
  Grading1 - 5, pass, fail 
Unit Oulu Business School 

Petri Sahlström 

ECTS Credits 

6 credits / 160 hours of work

Language of instruction 



Period 1

Learning outcomes 

Upon completion of the course, the student understands the basic concepts of finance and is capable of applying them in financial problem solving. Students are also able to express their ideas analytically and effectively in written form.


Interest rates and discounting, asset pricing, fixed-income securities, derivative securities, portfolio performance evaluation, corporate cash flows, firm valuation.

Mode of delivery 

Face-to-face teaching.

Learning activities and teaching methods 

36 hours lectures and exercises, including two mandatory intermediate exams. Independent studying 124 hours.

Target group 

Major students in finance. Elective for major students in accounting. The course is also available for the students, who need to complete their 25/60 ECTS credits minor in finance.

Prerequisites and co-requisites 


Recommended optional programme components 


Recommended or required reading 

Lecture notes.

Assessment methods and criteria 

During the course, there are two mandatory intermediate exams. In addition, the student has to complete a course project which includes a written report with a strict deadline. The final grade is assigned on the basis of the intermediate exams (50%) and the course project (50%).



Person responsible 

Jukka Perttunen

Working life cooperation 

The course introduces the basic concepts and approaches which are necessary for any career in financial industry.

Other information 

The number of students is limited.


Current and future instruction
Functions Name Type ECTS cr Teacher Schedule
Registration Fundamentals of Finance  Course  Petri Sahlström  28.10.21 -09.12.21

Future examinations
No examinations in WebOodi