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Entrepreneurship, Transforming Innovations into Sustainable Business (4 cr)

Code: AL00CE40-3002

General information


Enrollment

01.07.2022 - 04.09.2022

Timing

12.09.2022 - 04.11.2022

Number of ECTS credits allocated

4 op

Mode of delivery

Contact teaching

Unit

Faculty of Business and Hospitality Management (LAB)

Campus

Lahti Campus

Teaching languages

  • English

Degree programmes

  • Bachelor's Degree Programme in Business Information Technology

Teachers

  • Pekka Mytty

Scheduling groups

  • Luennot 1 (Size: 0. Open UAS: 0.)

Groups

  • LLTIBIT22K
    Bachelor's Degree Programme in Business Information Technology 22K Lahti

Small groups

  • Luennot 1

Learning outcomes

Student is able to
- understand entrepreneurship through personal development
- find and utilize different customer oriented business opportunities
- evaluate profitability of business idea
- develop business models

Implementation and methods of teaching

Students will work in teams to create a business plan. Each week new topics will be covered and students will have weekly assignments to update their business plans.

Timing and attendance

A lot of group work will be carried out in class. Attendance at the first lecture as well as at the final presentation of the business plan is compulsory.

Learning material and recommended literature

No further reading required, everything will be covered in the lectures.

Assessment criteria

Students will be assessed on the written business plans and presentations of the main principles of the operation of their start-up venture. Students will receive a grade based upon the performance of their group.

Assessment scale

1-5

Failed (0)

The quality of the business plan and/or the presentation of it is not sufficient.

Assessment criteria: level 1 (assessment scale 1–5)

Producing a business plan and a presentation of it, which highlights a basic understanding of the topics covered.

Assessment criteria: level 3 (assessment scale 1–5)

Producing a business plan and a presentation of it, which highlights a good understanding of the topics covered. Ability to produce reasonably realistic financial forecasts.

Assessment criteria: level 5 (assessment scale 1–5)

Producing a business plan and a presentation of it, which highlights an in-depth good understanding of the topics covered. Ability to produce realistic financial forecasts which are well justified.