Change language: Suomi

Front Page > Archived Education > Mechanical and Production Engineering (KT) > 2014 > Year 2 > Entrepreneurship and Business Administration (IKTP0405)

Entrepreneurship and Business Administration

Structure Type: Study unit
Code: IKTP0405
Type: Compulsory / Basic Studies
Curriculum: KT 2014
Level: Bachelor of Engineering
Year of Study: 2 (2015-2016)
Credits: 6 cr
Responsible Teacher: Ketola, Pekka
Language of Instruction: Finnish

Courses During the Academic Year 2015-2016

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
11I-KT-2N2015-10-26 – 2016-04-30Lotta Saarikoski, Pekka KetolaFinnish2015-08-14 – 2015-10-30
12I-EY-1N2015-09-01 – 2015-10-31Lotta Saarikoski, Pekka KetolaFinnish2015-08-14 – 2015-09-20

Learning Outcomes

The student will receive an overview of internal amd external entrepreneurship and basic readiness for self- employment. The student will be familiar with planning of business operations and selecting the company form. The student will have readiness to start a compnay of his/her own.
The student understands the interaction between various operationd in the company, can measure the efficiency of these operations using various indicators and is able to control the process of operations so that the company is profitable.

Student's Workload

Total work load of the student 162 h, of which
- scheduled studies 84 h
- autonomous studies 78 h

Prerequisites / Recommended Optional Courses

No prerequisites


Various dimensions of entrepreneurship, internationalisation and entrepreneurship, process of establishing a company, drawing up a business plan, objectives of business operations and selecting a company form, basics of company planning.
Operational processes in a company, financing of a company, financial statement and basics of accounting. Basics of measuring the financial state of a company, Interaction between profitability, quality and productivity. Basics of cost and profitability accounting.

Recommended or Required Reading and Other Learning Resources/Tools

Keskuskauppakamari: Yrityksen perustajan opas.
A guide for making a business plan.
McKinsey & Company.2000. Ideasta kasvuyritykseksi: käsikirja liiketoimintasuunnitelman laatimiseen. Porvoo. WSOY.(Partly). Lecture notes, articles

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures, groupwork, assignments and project work, company visits.

Assessment Criteria

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.
3: The student is able to utilise the methods learnt during the study unit independently.
1: The student is able, with guidance, to utilise the methods learnt during the study unit.

Assessment Methods

Numerical assessment, assignments and examination.