Starting up a Business
| Structure Type: | Course |
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| Code: | LTYP102 |
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| Type: | Compulsory |
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| Level: | Bachelor |
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| Credits: | 7.0 points |
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| Responsible Teacher: | Mutka-Vierula, Kristiina |
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| Language of Instruction: | Finnish |
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Course Implementations, Planned Year of Study and Semester
| Curriculum | Semester | Credits | Start of Semester | End of Semester |
| LITAKO-2015 |
1 autumn |
7.0 |
2015-08-01 |
2015-12-31 |
| LITAKO-2016 |
1 autumn |
7.0 |
2016-08-01 |
2016-12-31 |
Learning Outcomes
The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to set up ERP-modules. The student is able to plan and start correct marketing procedures and to exhibit at a trade fair in accordance with the business idea. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business. The student is able to estimate the meaning of sustainability to a company and in his or her own life.
Student's Workload
- lectures and guided practice
- independent work
Prerequisites / Recommended Optional Courses
Planning a business
Contents
- production and production process
- ERP-modules
- marketing activities
- trade fair
- incorporation documents of a corporation
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- basics of financial accounting
- fundamentals of VAT, payroll administration and finance
- preparation of marketing material
Recommended or Required Reading
- Bergström S. ja Leppänen A.: Yrityksen asiakasmarkkinointi, Edita, Helsinki
-Eskola, A. ja Mäntysaari A.: Talousosaamisen perusteet, WSOY Oppimateriaalit Oy, Helsinki
- material provided by the teacher
Mode of Delivery / Planned Learning Activities and Teaching Methods
- lectures and guided exercises
- working in a virtual enterprise
Assessment Criteria
Excellent (5): The student has carried out work to an excellent standard and participated actively and constructively. The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to explain the meaning of marketing and services in a business and is able to plan and start correct marketing procedures. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business.
Good (4-3): The student has carried out work well and participated actively. The student is able to plan business operations. The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to explain the meaning of marketing and services in a business and is able to plan and start correct marketing procedures. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business.
Satisfactory (2-1): The student has carried out work and participated as instructed. The student is able to plan business operations. The student knows how to start a business and what it requires in terms of economic and human capital. The student is able to elaborate on the basics of business activities and on the legislation and regulations regarding starting a business. The student is able to explain financial management measures needed in business operations. The student is able to explain the meaning of marketing and services in a business and is able to plan and start correct marketing procedures. The student is able to describe the meaning of personnel management as a part of a business and is able to plan for a suitable organization for a target company. The student is capable of describing the prerequisites for a profitable business.
Assessment Methods
- Individual work: exams on accounting (40%) and marketing (30%), learning diary (30 %),
- Participation in group exercises (passed/fail)
Work Placement
Work placement is not included in the course
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