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Entrepreneurship

Structure Type: Study unit
Code: IYTA0404
Type: Compulsory / Professional Studies
Curriculum: I-YT 2012V
Level: Bachelor of Engineering
Year of Study: 3 (2014-2015)
Credits: 4 cr
Responsible Teacher: Laaja, Martti
Language of Instruction: Finnish

Courses During the Academic Year 2014-2015

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3I-YT-3V2014-08-22 – 2014-12-20Marja NaaranojaFinnish2014-08-15 – 2014-09-14
4I-YT-3N2015-01-05 – 2015-05-02Margit MannilaFinnish2014-12-08 – 2015-01-12

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.


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