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CS31A0711 Modelling and Analytics Applications for Controllers, 6-9 cr 
Code CS31A0711  Validity 01.08.2016 -
Name Modelling and Analytics Applications for Controllers  Abbreviation Modelling and A 
Credits6-9 cr   
TypeBasic studies  
  Grading scaleStudy modules 0-5,P/F 
  Eligibility for post-graduate studiesno
    Allowed to study several timesno
Organisation LUT School of Engineering Science 

Timo Kärri 
Antti Ylä-Kujala 

Description by Study Guide

6 or 9 credits based on modules. Number of students 30, based on resources.

Year  M.Sc. (Tech.) 1-2 
Period  3-4 
Teaching Language  Finnish 
Teacher(s) in Charge 

Professor, D.Sc. (Tech.) Timo Kärri

Junior researcher, M.Sc. (Tech.) Antti Ylä-Kujala


After completing the course students will be able to:

- analyze the modelling and analytic applications for controllers

- design and create different kinds of cost models

- support decision making with analytics.


Analyzing data for decision making situations. Principals for designing different kinds of cost models by using real business data. Workstation of the controller: activity-based costing, analytics and spreadsheet as tools of cost management.

Teaching Methods 

Period 3: lectures 8 h, micro exercises 28 h, Period 4: lectures 12 h, micro exercises 16 h,   assignments 170 h. Altogether 234 h. Analytic (SAS JMP), spreadsheet (Excel) and activity-based costing applications (SAS ABM) are employed in the course. Student will get 6 ECTS by doing the Excel and activity-based costing or analytics assignments. By doing the all three assignments the ECTS is 9.

Examination in Examination schedule (Yes/No)  No 
Examination in Moodle (Yes/No)  No 
Examination in Exam (Yes/No)  No 
Assessment scale and assessment methods 

0 – 5, assignments and seminar.

Course Materials  Material announced during lectures. 

CS31A0160 Kustannusjohtamisen jatkokurssi, CS31A0602 Investointihankkeiden elinkaarilaskelmat, LM10A4000 Strateginen johdon laskentatoimi ja kustannusjohtaminen. Good skills in excel.

Limitation for students? (Yes, number, priorities/Leave empty)  Yes, 30 
Places for exchange-students? (Yes, number/No)  No 
Places for Open University Students?(Yes, number/No)  max 5 

Current and upcoming courses
Functions Name Type cr Teacher Timing
  Modelling and Analytics Applications for Controllers  COURSE  Timo Kärri,
Lasse Metso,
Tiina Sinkkonen,
Leena Tynninen,
Antti Ylä-Kujala 
07.01.20 -17.04.20 -

Upcoming exams
No exams