Entrepreneurship
| Structure Type: | Study unit |
|---|---|
| Code: | ISTP0306 |
| Type: | Compulsory / Basic Studies |
| Curriculum: | I-ST 2013 |
| Level: | Bachelor of Engineering |
| Year of Study: | 1 (2013-2014) |
| Credits: | 2 cr |
| Responsible Teacher: | Saarikoski, Lotta |
| Language of Instruction: | Finnish |
Courses During the Academic Year 2013-2014
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 7 | I-ST-1N | 2014-01-06 – 2014-05-03 | Margit Mannila | Finnish | 2013-12-09 – 2014-01-10 |
Learning Outcomes
The student will understand the factors that have effect on the profitability of an enterprise. The student can interpret simple financial statements, and assess the economic state of the enterprise based on these. The student will have a general view of the effects of productivity and quality on profitability. The student can make calculations using the most common methods emplyed in cost accounting.
Student's Workload
Total work load of the course: 54 h
- of which scheduled studies: 28 h
- of which autonomous studies: 26 h
Contents
Operational processes in an enterprise. Basics of financing. Financial statement and basics of assessing the economic state of an enterprise. Interaction of profitability, productivity and quality. Basics of cost accounting.
Recommended or Required Reading and Other Learning Resources/Tools
Handout, articles.
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, group assignments, exercises.
Assessment Criteria
Grade 5: The student is able to creatively utilise and apply the information and skills learnt during the study unit.
Grade 3: The student is able to utilise well the information and skills learnt during the study unit.
Grade 1: The student knows those basic contents of the study unit that are most relevant in working life.
Assessment Methods
Numerical assessment based on exercises and exam.