The course is included in these curricula and study modules


Extension studies

Teaching language


Type of course


Cycle/level of course


Recommended year of study


Total number of ECTS

5 cr

Competency aims

The aim of the course is to prepare you - to get an introduction in being an entrepreneur and to create an interest towards entrepreneurship - to establish and run a small innovative business - to fulfill your obligations towards yourself and the State

Learning outcomes

At the end of the course you are expected to be able to: - know how to start a small company and to know differences between different legal forms - plan the whole business-process based on "The Business Model Canvas" and formalize the idea´s in a Business plan -To manage the economy of a small company by understanding the basics of accounting, budgeting and business planning

Course contents

Legal forms of companies and risks involved The Business Model Canvas Business plan Commercial vs. social entrepreneurship IPR

Prerequisites and co-requisites

First-year studies performed satisfactorily (min. 50 cr). This course takes 40 student, FE and IB students have priority.

Additional information

This course takes 40 student, FE and IB students have priority. This course is a part of the Entrepreneurship expansion module. The courses Entrepreneurship 1,2,3 in periods 1, 2 and 3 must be taken and passed in this order.The group project work of creating and implementing a business idea is mandatory during course 3. There is an alternative track of participating in courses 1 and 2 where you get some of your assignments compensated by participating in Demola-worklife oriented course outside Arcada. At Demola you get the chance to work in a 2 month long co-creation project with great project partners and solve real-life problems. More information from External link Here is a short description about Demola- project: Participation in co-creation team work. Students from different universities in Helsinki are to develop a concept/demo for the purposes of validating an actual need and solution based on the initial/challenge set by a partner company/organisation. Collaboration with other teams, taking part in the facilitated Demola process, and finally presenting the results in a public event are required. Please NOTE THE DATE - the deadline for Application is 6th of September and to be able to take this track you need to be accepted by Demola to one of the projects. This course takes 40 student, FE and IB students have priority.

Recommended or required reading

- Business Model Generator - Alexander Osterwalder - The Lean Startup - Eric Ries - The Startup Owner's Manual - Steve Blank Guide- Becoming an Entrepreneur in Finland, Finnish Enterprise Agencies, Suomen Uusyrityskeskukset 2017, External link Karwowski W., Soares M.and Stanton N.(2011): Human Factors and Ergonomics in Consumer Product Design, Methods and Techniques, CRC Press,New York, selected chapters.ISBN 978-1- 4200-4628-1. Business Model Generation, External link Lecture material and articles according to lecturers instructions

Study activities

  • Lectures - 45 hours
  • Practical exercises - 30 hours
  • Small-group work - 20 hours
  • Individual studies - 40 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-)
  • Essays, reports, productions and portfolio

Assessment requirements

Fulfillment of course assignments in time and an online distance examination of Uusyrityskeskus' material 'Becoming an entrepreneur in Finland'.


  • Hernberg Mervi
  • Kietz Tove
  • Stenius Andreas


Hernberg Mervi

Group size

No limit

Assignments valid until

12 months after course has ended

The timetable of the course

see ARBS

Assessment methods

  • Date of examination will be announced later - Exams
  • Date will be announced later - Reports and productions

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