Turbiini Metropolia - Starting your own business 2Laajuus (5 cr)

Objective

“Doing Not Talking” - The target of the course is to provide a practical application of the entrepreneurial theory and tools learned in the Metropolia Turbiini - Starting Your Own Business 1. The student will undertake the initial steps in putting into practice a new business idea, service or product, which are customer-oriented and cost-effective. The student acquires basic skills and knowledge to start a business by leveraging service design methodologies. The student becomes aware of the guidance services and support provided to entrepreneurs by public and non-governmental actors. The student knows how to acquire funding for the business and make profitability calculations, price the products and services, and produce a clear business plan for their business idea. The student learns to build relevant networks for their business and recognize sustainable business opportunities.?

Content

• Tools for planning entrepreneurship??
• Personal competence assessment for entrepreneurs
• Metropolia Business Model Canvas and Problem Canvas
• Customer research planning and execution
• Main financial KPIs and basics of business financial planning?
• Pitching training
• Prototyping and testing business ideas?
• Creation of a Business Plan?

Qualifications

Metropolia Turbiini - Starting your own business 1. Metropolia Turbiini - Starting your own business 2 must be taken together with this required course or after completion of it.

Assessment criteria, satisfactory (1)

The student has participated in activities and sketched the business idea fairly. The student has gained basic understanding of the different concepts and fundamentals of entrepreneurship. He or she is aware of the stages of starting new business and registering a company and of tools and methods for planning entrepreneurship. He or she is aware of impacts that the operational environment has on a company.

Assessment criteria, good (3)

The student has participated in activities actively and is able to recognize well what is required to establish and operate a company. He or she is able to apply into practice different tools and methods for planning entrepreneurship and to develop his or her business idea further. The student is well-aware of the different stages of starting and registering a company and of the impacts operational environment has on the company. He or she has gained perspectives of the opportunities in business and how to utilize different support services and networks.

Assessment criteria, excellent (5)

The student has participated in activities and development of the business idea extremely well. He or she has adopted wide range of knowledge and skills that an entrepreneur needs when starting a company. He or she is able to actively use tools and methods of entrepreneurship in order to analyse and develop his or her business idea. The student knows the requirements of the stakeholders in the operational environment of the companies. He or she knows how to acquire and analyse knowledge about operating a company and its funding. The student has developed his or her own business idea and business plan ready for a possible realisation.