The course is included in these curricula and study modules

Level/category

General studies

Teaching language

English

Type of course

Compulsory

Cycle/level of course

First

Recommended year of study

1

Total number of ECTS

5 cr

Competency aims

In this study unit we focus on the following
competencies:

Basic competence in fact-based decision making

Competence in the structure, and functions of
business organisations

Competence in understanding how businesses
contribute to
society

Basic competence in business law

Competence in drafting a business plan

Competence in understanding how businesses manage
their
finances and profitability

SDG´s in focus:

8.Decent work and economic growth
12. Responsible consumption and production

Learning outcomes

Upon completion of this study unit:

You can describe how business activities
contribute to
society and the business owners. (Knowledge)

You can describe the most relevant legal
requirements
for business in Finland. (Knowledge)

You are able to discuss key concepts concerning
the
profitability and financial situation of the
business.
(Skills)

You reflect over the benefits and drawbacks of
different organisational structures. (Approach)

Course contents

- the purpose of firms and business
- organisation 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
introduction
and on Itslearning.
The course is taught both in Swedish and in
English.

Recommended or required reading

Skripak, S. J. (2016). Fundamentals of Business.
Virginia Tech. (copy the whole link!)
https://open.umn.edu/opentextbooks/textbooks/fun External link
damentals-of-business

Guide Become an Entrepreneur in Finland 2023 
(copy the whole link!)

https://uusyrityskeskus.fi/wp External link-
content/uploads/2023/02/Uusyrityskeskus_Guide_Becoming_an_Entr
epreneur_in_Finland_2023.pdf


Other study material will be announced during
the course.

Study activities

  • Lectures - 42 hours
  • Individual studies - 93 hours

Workload

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

Mode of Delivery

Multiform education

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 two module-exams, each giving 45
points, 
or by passing a final exam giving 90 points. 
Attendance
amounts to 10 points. The module-exams 
are one chance only, for the
final exam there 
are re-exams.

Teacher

Buttler Pekka

Examiner

Buttler Pekka

Group size

No limit

Assignments valid until

12 months after course has ended

Assessment methods

Date of examination will be announced later - Exams

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