Running an Enterprise

Structure Type: Course
Code: KD19APYR002
Type: Compulsory
Level: Bachelor
Credits: 9.0 points
Responsible Teacher: Mäkiniemi, Osmo
Teacher Team: Koski, Miia ; Mäkiniemi, Osmo ; Potka-Soininen, Tuulia ; Salonen, Marja
Language of Instruction: English

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
INBUS2-2013   1 spring   9.0   2014-01-02   2014-07-31  
INBUS2-2014   1 spring   9.0   2015-01-02   2015-07-31  

Learning Outcomes

The student masters the basics of financial management, marketing, personnel management and law needed to carry on business. The student is able to explain the legal principles of different business areas and their interdependences. The student is able to hold meetings necessary according to the rules and regulations and is able to draw up the minutes of the meetings. The students are able to use the essential modules of ERP system. The student is able to work in different roles in a multicultural company with proper service attitude.

Student's Workload

- lectures and guided practice 46 h
- work in practice enterprise 72 h
- independent work 125 h

Prerequisites / Recommended Optional Courses

- Planning an enterprise
- Starting an enterprise

Contents

- Basics of accounting: double entry bookkeeping and closing the accounts
- Company taxation, financial statements
- Contract and collection
- Applying marketing tools (materials, campaigns, trade fair etc.)
- Customer relationship marketing
- Job designs, job satisfaction
- Company on the web, web services, Office software

Recommended or Required Reading

- Kubr et al. 1998. Starting up. Achieving success with professional business planning. McKinsey & Company.
Available: http://www.scribd.com/doc/4505824/Mckinsey-Starting-Up-Business-Planning-Manual

- Isaacs et al. 2009. Engineer Your English. Edita Publishing: Helsinki.
Availability: http://tiny.cc/64vulx

- Kotler P., Armstrong G., Saunders J. & Wong V. 2008. Principles of Marketing.
Availability: https://plari.amkit.fi/vwebv/holdingsInfo?sk=fi_EN&bibId=84441

- Harrison-Horngren. 2008. Financial Accounting. Pearson Education: New Jersey.
Availability: https://plari.amkit.fi/vwebv/holdingsInfo?sk=fi_EN&bibId=86670

- Surakka. 2005. Access to Finnish Law. WSOY.
Availability: http://tiny.cc/pgwulx

- Hogan. 2009. Practical Computing. Prentice Hall.
Availability: https://plari.amkit.fi/vwebv/holdingsInfo?sk=fi_EN&bibId=89455

- Other material distributed by the lecturer.

Mode of Delivery / Planned Learning Activities and Teaching Methods

- Lectures and guided practice
- Work in the practice enterprise
- Independent work

Assessment Criteria

Excellent (5)
The student is able to apply her knowledge in financial management, marketing, personnel management and law needed to carry on business. The student is able to apply the legal principles of different business areas and their interdependences. The student participates in team activities on a regular basis and is able to do the team's tasks in different roles. The student is able to develop the team's work.

Good (4-3)
The student masters the basics of financial management, marketing, personnel management and law needed to carry on business. The student is able to explain the legal principles of different business areas and their interdependences.
The student participates in team activities on a regular basis and does the team's tasks in her role carefully.

Satisfactory (2-1)
The student can list the basic issues of financial management, marketing, personnel management and law needed to carry on business. The student is able to name the principles of different business areas and their interdependences. The student participates in team activities on a regular basis.

Assessment Methods

Group work: (20 %)
Individual work:
- exam on law (30 %)
- exam on accounting (30 %)
- learning diary (20 %)

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