The course takes place in period

1 (2022-08-01 to 2022-10-23)


General studies

Teaching language


Type of course


Cycle/level of course


Recommended year of study


Total number of ECTS

5 cr

Competency aims

After a completed course the student is expected
to be able to
-Describe the role of business activity for the
society and owners of businesses
-Design an organizational structure for a
-Name some of the most important laws that
concern businesses in Finland and seek answers
to elementary queries about the legislation
-Describe what a business plan is and what
elements it typically consists of
-Explain how a business takes care of its day-
to-day finances, makes simple profitability
calculations and explain what annual accounts

Learning outcomes

The aim of the course is to give the student
basic knowledge of business administration and
the role of business activity for the society
and business owners.
The student familiarizes himself/herself with
the relevant legislation in this area.
The student familiarizes himself/herself with
how to organize a business.
The course provides elementary skills in
corporate profitability and planning.

Course contents

  • the purpose of firms and business
  • organisations and leadership
  • different legal forms of companies and
    relevant legislation
  • basics of corporate analysis

Prerequisites and co-requisites

No prior knowledge required.

Additional information

More information will be given at the
and on Itslearning.
The course is taught both in Swedish and in

Recommended or required reading

Skripak, S. J. (2016). Fundamentals of Business.
Virginia Tech.
(copy the whole link!) External link

Guide Become an Entrepreneur in Finland 2019
(copy the whole link!) External link-
More information and materials will be handed
out at the lectures.

Other study material will be announced during
the course.

Study activities

  • Lectures - 42 hours
  • Individual studies - 93 hours


  • Total workload of the course: 135 hours
  • Of which autonomous studies: 135 hours
  • Of which scheduled studies: 0 hours

Mode of Delivery

Participation in tuition

Assessment methods

Exams (written-, oral-, home-)

Assessment requirements

To pass the course the student needs 50% of the
total points. The course can be passed by
passing four part-exams, each giving 20 points,
or by passing a final exam giving 80 points.
Attendance amounts to 20 points. The part-exams
are one chance only, for the final exam there
are re-exams.


Buttler Pekka


Fabricius Susanna

Group size

No limit

Assignments valid until

12 months after course has ended

Course enrolment period

2022-08-10 to 2022-09-06

Assessment methods

Date of examination will be announced later - Exams

Course and curriculum search