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Business Economy and EntrepreneurshipLaajuus (5 cr)

Code: FEK25AK01

Credits

5 op

Objective

The student:
- understands the meaning of the concept of entrepreneurship
- understands the importance of entrepreneurial spirit and sees it as a
driving force in business economics
- is familiar with the establishment process for companies and associations in Finland
- can draw up a business idea and a business plan
- can use some tools for business and activity development
- can familiarize him/herself with the risks associated with entrepreneurship
- can connect sustainability to business development

Content

- business concept and business plan
- entrepreneurship as a profession
- founding companies
- financing and administration in a company
- support services in business establishment
- choosing a company type
- risks and opportunities
- business development tools

Qualifications

No prerequisities

Assessment criteria, satisfactory (1)

Students understand the meaning of the concept of entrepreneurship.
Students understand the importance of entrepreneurial spirit and intrapreneurial spirit as driving forces in business economics.
Students are familiar with the establishment process for companies and associations in Finland.
Students can develop a business idea and a business plan.
Students can use some tools for business and operational development.
Students are aware of the risks associated with entrepreneurship.
Students can connect sustainability into business development.

Assessment criteria, good (3)

Students understand and can apply the meaning of the concept of entrepreneurship.
Students understand and can analyze the significance of entrepreneurial spirit and intrapreneurial spirit as driving forces in business economics.
Students are familiar with and can describe the establishment process for companies and associations in Finland.
Students can develop and critically review a business idea and a business plan.
Students can use and evaluate some tools for business and operational development.
Students are aware of and can assess the risks associated with entrepreneurship.
Students can connect and integrate sustainability into business development.

Assessment criteria, excellent (5)

Students understand and can apply the meaning of the concept of entrepreneurship in an advanced manner.
Students understand and can deeply analyze the significance of entrepreneurial spirit and intrapreneurial spirit as driving forces in business economics.
Students are familiar with and can describe the establishment process for companies and associations in Finland, possessing detailed knowledge on the subject.
Students can develop, critically review, and provide high-quality improvement suggestions for a business idea and a business plan.
Students can use, evaluate, and recommend various tools for business and operational development.
Students are aware of and can assess the risks associated with entrepreneurship, as well as propose measures to manage and minimize these risks.
Students can connect, integrate, and promote sustainability in business development in an innovative way.

Enrollment

02.07.2025 - 31.05.2026

Timing

01.08.2025 - 31.07.2026

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Business

Campus

Vasa, Wolffskavägen 33

Teaching languages
  • Svenska
Degree programmes
  • Degree Programme in Business Administration
Teachers
  • Företagsekonomi Vasa 1

Objective

The student:
- understands the meaning of the concept of entrepreneurship
- understands the importance of entrepreneurial spirit and sees it as a
driving force in business economics
- is familiar with the establishment process for companies and associations in Finland
- can draw up a business idea and a business plan
- can use some tools for business and activity development
- can familiarize him/herself with the risks associated with entrepreneurship
- can connect sustainability to business development

Content

- business concept and business plan
- entrepreneurship as a profession
- founding companies
- financing and administration in a company
- support services in business establishment
- choosing a company type
- risks and opportunities
- business development tools

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students understand the meaning of the concept of entrepreneurship.
Students understand the importance of entrepreneurial spirit and intrapreneurial spirit as driving forces in business economics.
Students are familiar with the establishment process for companies and associations in Finland.
Students can develop a business idea and a business plan.
Students can use some tools for business and operational development.
Students are aware of the risks associated with entrepreneurship.
Students can connect sustainability into business development.

Assessment criteria, good (3)

Students understand and can apply the meaning of the concept of entrepreneurship.
Students understand and can analyze the significance of entrepreneurial spirit and intrapreneurial spirit as driving forces in business economics.
Students are familiar with and can describe the establishment process for companies and associations in Finland.
Students can develop and critically review a business idea and a business plan.
Students can use and evaluate some tools for business and operational development.
Students are aware of and can assess the risks associated with entrepreneurship.
Students can connect and integrate sustainability into business development.

Assessment criteria, excellent (5)

Students understand and can apply the meaning of the concept of entrepreneurship in an advanced manner.
Students understand and can deeply analyze the significance of entrepreneurial spirit and intrapreneurial spirit as driving forces in business economics.
Students are familiar with and can describe the establishment process for companies and associations in Finland, possessing detailed knowledge on the subject.
Students can develop, critically review, and provide high-quality improvement suggestions for a business idea and a business plan.
Students can use, evaluate, and recommend various tools for business and operational development.
Students are aware of and can assess the risks associated with entrepreneurship, as well as propose measures to manage and minimize these risks.
Students can connect, integrate, and promote sustainability in business development in an innovative way.

Qualifications

No prerequisities