Business Start-up Planning

Structure Type: Course
Code: KD07CHYR013
Type: Elective
Level: Bachelor
Credits: 4.0 points
Responsible Teacher: Turunen, Tero
Teacher Team: Sorama, Kirsti
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
LITAKO-2013   3 spring   4.0   2016-01-01   2016-07-31  
LITAKO-2014   3 spring   4.0   2017-01-01   2017-07-31  

Learning Outcomes

The student knows the central issues which are related to the planning of the new business and can act as a part of the multiprofessional teams. After having performed the study module, the student can estimate elements which are related to the developing of the new business idea. The student can analyse new business opportunities and can draw up a business plan to an innovative business idea. The student knows the central contents of the business plan, its elements and their compatibility. Students from different education fields can adapt their own substance know-how in the innovation and planning process.

Student's Workload

- contact teaching 40 h (50 % compulsory)
- independent work 66 h including tutoring

Contents

Students have the opportunity to apply their own substance knowledge and experience to an practical project and learn to identify new business opportunities. Working in multiprofessional teams, students will produce a comprehensive strategy for establishing a new business, exploiting professional knowledge of each member of the group. They will identify the target markets for a new product/service, plan the marketing, selling and business processes, as well as create the necessary financial calculations.

Recommended or Required Reading

- McKinsey & Company (2001). Ideasta kasvuyritykseksi. ISBN 951-0-25225-5

- Raatikainen, L. (2011). Liikeideasta liikkeelle. 8. uud. p. Helsinki: Edita Publishing Oy

- Blackwell (2008). How to Prepare a Business Plan. (5th ed.) Kogan Page. ISBN 978-0-7494-4981-0

- Kansikas, J. 2007. Kasva yrittäjyyteen. Talentum. Helsinki

- Tenhunen, L. 2004. Yrittäminen sosiaali- ja terveysalalla. Yrityssanoma. Vantaa

- models of business plans

- material delivered by lecturer

Mode of Delivery / Planned Learning Activities and Teaching Methods

- contact teaching
- visitor lecturers
- discussions with the experts idea to be executed and it's developing opportunities
- visits to companies
- team work

Assessment Criteria

Excellent 5
The student can adapt his know-how to the brainstorming and planning of the new business. He can act as the part of the multiprofessional teamwork producing business perspective to the planning of the new business. The student can identify, estimate and analyse new business opportunities. The student masters the central contents of the business plan, its elements excellently and their mutual compatibility so that all the members of the team will know how the business plan is drawn up.

Good 4-3
The student uses his know-how for the brainstorming and planning of the new business. He can act as a member of the multiprofessional teams and bring a business view to the planning of the new business.
The student identifies and can estimate new usiness opportunities. The student knows the central contents of the business plan, its elements and their mutual compatibility and helps the team members in the compilation of the business plan.

Satisfactory 2-1
The student knows the tasks which are related to the brainstorming and planning of the new business. He acts as a part of the team without however using his expertise. The student identifies and estimates new business opportunities. The student knows the central contents of the business plan and can draw up a preliminary business plan as a member of the team.

Assessment Methods

- team work (business plan)
- peer assessments
- self assessment/learning diary

Work Placement

Work placement is not included in the course.

Back