Entrepreneurship and Business Administration
| Structure Type: | Study unit |
|---|---|
| Code: | IKTP1122 |
| Curriculum: | I-SA STV2022 |
| Level: | Bachelor of Engineering |
| Year of Study: | 3 (2024-2025) |
| Semester: | Autumn |
| Credits: | 5 cr |
| Responsible Teacher: | Saarikoski, Lotta |
| Language of Instruction: | Finnish |
Taking the course in advance? See the courses during the academic year 2022-2023.
Learning Outcomes
• understands the entrepreneurial process and basic concepts related to it
• is able to join discussion related to entrepreneurship
• is able to analyze ones personal intrepreneurship and entrepreneurship skills and abilities
• is able to do a business plan for a start up company and to start a company
• the student understands the interaction between various operationd in the company and can evaluate the efficiency of these operations using various indicators
• is able to control the process of operations so that the company is profitable
• understands how fiancial statements are prepared from book keeping information and can assess the economic situation of a company based on the fianacial statements
Student's Workload
Total work load of the course: 135 h
- of which scheduled studies: 50 h (can be contact teaching and virtual teaching)
- of which autonomous studies: 85 h
The assessment of student’s own learning 1h is included in contact lessons.
Prerequisites / Recommended Optional Courses
No prerequisites needed.
Contents
Basic concepts, possibilites and requirements of entrepreneurship, external and internal entrepreneurship, entrepreneurial process, own entrepreneurial attitude, impact of envoironment to entrepreneurship, business plan, operational processes in a company, financing of a company, the relation between financial statements and accounting information, evaluation of the financial state of a company, interaction between profitability, quality and productivity.
Recommended or Required Reading and Other Learning Resources/Tools
Kim, W.C.; Mauborgne, R. (2005). Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant. Boston: Harvard Business School
Other teaching material provided by the teacher.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Contact teaching, virtual teaching, teamworking using different group work methods, discussions, assignments, presentations.
Assessment Criteria
1: The student is able, with guidance, to utilise the methods learnt during the study unit satifactorily.
3: The student is able to utilise the methods learnt during the study unit independently with good skills.
5: The student is able to utilise the methods learnt during the study unit independently and is able apply the learnt knowledge in new contexts in a creative way and exceptionally well.
Assessment Methods
Written exam/Learning Diary, assingnments