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Business Economics (5 cr)

Code: LTK6035-3001

General information


Enrollment
01.04.2022 - 30.04.2022
Registration for the implementation has ended.
Timing
29.08.2022 - 18.12.2022
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
25 - 60
Degree programmes
Degree Programme in Mechanical Engineering
Teachers
Markku Havu
Teacher in charge
Markku Havu
Groups
LTKNS20
Engineer, Mechanics
Course
LTK6035

Evaluation scale

H-5

Objective

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

Content

- The basis of national economy
- Internal and external accounting
- Marketing
- Production and processes
- 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

Exam schedules

-verkkotentin ajankohta sovitaan opintojaksolla
-uusinta- ja korotustentit EXAM-järjestelmässä

Student workload

-lähiopetus 55 tuntia
-opiskelijan itsenäinen työskentely 78 tuntia

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