Entrepreneurship
| Structure Type: | Study unit |
|---|---|
| Code: | IYTA0404 |
| Type: | Compulsory / Professional Studies |
| Curriculum: | I-YT 2010 |
| Level: | Bachelor of Engineering |
| Year of Study: | 3 (2012-2013) |
| Credits: | 4 cr |
| Responsible Teacher: | Laaja, Martti |
| Language of Instruction: | Finnish |
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
Esim: Total work load of the course: 108 h
- of which scheduled studies: 56 h
- of which autonomous studies: 52 h
Prerequisites / Recommended Optional Courses
Not required.
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 1: The student knows the contents of the study unit that are relevant in working life.
Grade 3: The student is able to utilise the information and skills learnt during the study unit.
Grade 5: The student is able to utilise and apply the information and skills learnt during the study unit.
Assessment Methods
Numerical assessment based on exercises and exam.