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Business Economics (5 cr)

Code: IK10048-3001

General information


Enrollment
01.10.2024 - 31.10.2024
Registration for the implementation has ended.
Timing
07.01.2025 - 18.04.2025
Implementation has ended.
Number of ECTS credits allocated
5 cr
Local portion
5 cr
Mode of delivery
Contact learning
Unit
Insinöörikoulutus / Konetekniikka (IK)
Campus
Wärtsilä Campus Karjalankatu 3
Teaching languages
Finnish
Seats
20 - 50
Degree programmes
Degree Programme in Mechanical Engineering
Teachers
Markku Havu
Teacher in charge
Markku Havu
Groups
IKNS22
Engineer, Mechanics, Full-time Studies, Fall, 2022
Course
IK10048

Evaluation scale

H-5

Objective

You understand and are able to apply knowledge of business economics in planning, decision making and your own work in business life. You understand conditions and demands of entrepreneurship. You know how to establish a company and how to make a business plan.

Content

- Internal and external accounting basis
- Profit margin calculation
- Product cost accounting
- Pricing
- Investment calculations
- Financial statement key figures and their interpretation
- Entrepreneurship, entrepreneurial qualities, business idea and its evaluation, business plan, different stages of establishment, business forms and their characteristics, different funding sources and forms of assistance, evaluation of the profitability of a business idea, business and value added tax and other statutory obligations, protection of rights, options for starting a new business, practical establishment procedures, official permits and notifications

Materials

-Moodlessa oleva materiaali
-Perustamisopas alkavalle yrittäjälle (Uusyrityskeskus)

Teaching methods

The student understands and can apply knowledge of business economics in planning, decision making and one's own work in business life. The student understands conditions and demands of entrepreneurship. The student knows how to establish a company and how to make a business plan.

-Internal and external accounting basis.
--profit margin calculation
--product cost accounting
--pricing
--investment calculations
--management ratios
-Business plan
-Business taxation
-Value added tax

Student workload

-lähi-/etäopetus 55 tuntia
-opiskelijan itsenäinen työskentely 78 tuntia

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