Study Guide

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.

Assessment methods and criteria

The course is examined through exercises, project work and the final exam.

Assessment criteria, fail (0)

The criteria for grade 1-2 are not met.

Assessment criteria, satisfactory (1-2)

Students understand the meaning of the concepts of enterprise, entrepreneur and intrapreneur.
Students understand the importance of a business concept and can draw up simpler business plans.
Students have a holistic view of how to start a company and choose a company form.
Students have know of which agencies can assist in founding.
Students understand the basics of how to finance a business.
Students have a holistic view of the risks associated with entrepreneurship.

Assessment criteria, good (3-4)

Students understand the importance of entrepreneurial and intrapreneurial spirit as a driving force in business economics.
Students can assess business ideas and develop simpler business plans.
Students can fill in documents needed to start a business
Students understand the difference between corporate forms
Students understand the difference between different forms of financing.
Students understand the risks associated with entrepreneurship and also understand the importance of risk management.

Assessment criteria, excellent (5)

Students have in-depth knowledge entrepreneurship
Students can describe the importance of renewing business both by founding new companies and by developing existing businesses.
Students can formulate a business concept and can independently formulate a business plan.
Students can start a company independently and are capable of choosing a company form, in a motivated way.
Students can independently find forms of financing.
Students can independently map company's risks and draw up plans for how to minimize them.

Qualifications

No prerequisities