Business Operations (5cr)

Evaluation scale

0 - 5

Content scheduling

The scheduling of the course will be communicated during the introduction session. THe course requires a minimum attendance of 60%.

Objective

The students will adopt an entrepreneurial attitude, learn to understand fundamental business concepts and processes and the significance of business operations in society. The students will also be able to describe the basic functions of a company and understand the basics of running a profitable business.

Content

The significance of business operations in society
External and internal entrepreneurship
Business concept and idea
Basic business model and processes
Stakeholders and networking
Company forms
Marketing and customer oriented working methods
Business profitability

Location and time

The course is delivered as contact teaching during the autumn semester according to the timetable.

Materials

The learning material will be communicated during the introduction lesson.

Teaching methods

The course consists of compulsory lectures for all students, accompanied by independent learning assignments in Reppu. These assignments help you practice and demonstrate mastering and understanding of the key course content. The course also includes two group projects worth approximately 2 ECTS (about 50 hours of work). The project guides you in applying the knowledge you have learned. The project is evaluated numerically and is part of the course completion requirements.

Exam schedules

The exam will be held in mid-November, with retake possibilities in December.

Student workload

The course requires approximately 135 hours of student work. Lectures make up 35 hours, and the remaining 100 hours are related to the assessed project work and the course exam. These amounts are indicative; the actual workload depends on the time the student spends on the tasks."

Assessment criteria, satisfactory (1)

The students are able to define and use fundamental business concepts in accordance with professional ethical principles.

Assessment criteria, good (3)

The students are able to describe and give reasons for business and entrepreneurial practices. They are able to work independently according to existing knowledge and guidelines and can apply business methods and models in business operations. The students are able to work as group to achieve common goals and to justify their activities according to professional ethical principles.

Assessment criteria, excellent (5)

The students are able to use business concepts extensively and combine them.
The students are able to analyse, compare, and critically assess their own business competence and business practices using acquired knowledge. They can work as a group advancing and developing the group's activities.