Study Guide

Learning outcomes

Student is able to
- understand entrepreneurship through personal development
- find and utilize different customer oriented business opportunities.

Implementation and methods of teaching

NOTE!
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This implementation NOT intended for students in LAB Faculty of Business and Hospitality Management. LAB business students have a corresponding, compulsory implementation included in their core competence studies.
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This is a nonstop online implementation. You can start it any time during the enrollment period and proceed at your own pace.

There is no exam, instead the implementation is completed by submiting assigments to the Moodle platform.

Evaluation takes place once a month. Students who have submitted all the assignments by the end of the month will receive their grade to Peppi by the 15th of the next month (excluding holidays).

Timing and attendance

This is a nonstop online implementation.
You can enroll at any time between 1 August and 15 December 2025, and complete the implementation at any time between 15 August and 31 December 2025.

Learning material and recommended literature

To be found on Moodle.

Exam retakes

According to the valid LAB Degree Rules

Learning environment

Moodle platform.

Student time use and work load

1 credit = 27 hours
2 credits = 54 hours

Contents

Understanding entrepreneurship as a career option vs. employment.
Prerequisites and requirements for entrepreneurship.
Testing and analyzing one's own entrepreneurial qualities.
Prerequisites for starting a company: the path from innovation into a business idea.
Planning the practical steps for starting a company, such as
- conditions for profitability
- identifying risks and managing them
- considering revenue streams and the cost structure
- increasing awareness through marketing

Additional information for students: previous knowledge etc.

The implementation has no prerequisites; it is suitable for everyone, regardless of previous studies and experience.
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NOTE!
***********
This implementation NOT intended for students in LAB Faculty of Business and Hospitality Management. LAB business students have a corresponding, compulsory implementation included in their core competence studies.
***************

Assessment criteria

All the assignments must be completed and approved in order to get a grade for the implementation.

It is not possible to complete single assignments after the implementation time has passed.

Assessment scale

Approved/Failed

Failed (0)

The assignments have not been completed according to the instructions and within the given time frame

Assessment criteria: assessment scale failed/approved

Passed: the student has completed and passed all the assignments by the end of the implementation.
Failed: the student has not completed and/or passed all the assignments by end of the implementation.

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

The student
* understands the steps related to the process of establishing a company
* to some extent, is able to analyze company functions and their own entrepreneurial qualities
Evaluation criteria: level 5 (evaluation scale 1-5)
In Finnish
5: The student can analyze proposals for company processes with the best possible problem point and with a good vision to present suggestions for improvement in their own task solutions

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

The student
* has a good understanding of the steps related to the process of establishing a company
* knows how to correctly analyze company functions and their own entrepreneurial qualities

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

The student
* is able to analyze typical challenges related to the process of newly established companies
* is able to present suggestions for improving the challenges