Myllypuro Turbiini - Incubator Sprint (Master's Degree) (10 ECTS)

Objective

The student knows the different ways of arrangement and production in her or his industry as well as the directional legislation and regulation. The student can assess and develop business ideas and their chances of success. The student can develop customer driven and cost-effective services and products. The student has basic preparedness to start his or her own business and utilize public services. The student can create calculations for his or her own company’s profitability. The student is aware of the different forms of funding. The student can create the clear business plan for his or her business idea. The student can build relevant networks for his or her business.

Content

Myllypuro Turbiini Incubator is a course targeted for students and others who are interested about entrepreneurship.
Development and testing of students’ individual or team’s business idea. Understanding of the business environment, regulations and legislation directing the industry as well as contracts and funding. Opportunities in business activities. The different tools and methodologies of entrepreneurship. Internal and external entrepreneurship, entrepreneurial attitude and skills. Productisation of services, pricing and quality assurance. Founding of a company from the business idea to business plan. Choosing of a company form accordingly. Public competitive tendering. Indemnification. Marketing. Partnership network.
The focus of the content of the study module will become more precise in the implementation plan.

Location and time

Myllypuro campus, Myllypurontie 1, 00920 Helsinki. C-bilding in campus, 2.floor, room 2010.
The course will be completed on 12.1. - between 9 March 2023. Local classes are usually on Tuesdays and Thursdays from 9:00 a.m. to 12:00 p.m. You can check the detailed schedule at https://www.metropolia.fi/fi/asiakastyot-ja-palvelut/yrittajyyskiihdyttamo-turbiini/myllypuro

Materials

Is given in moodle learning space.

Teaching methods

Seminars with several visitors
Workshops
Learning assignments
Project (working on own companies / company's business plan)
Individual sparring and feedback

Employer connections

The student goes to interview a working life representative and expands her cooperation network.

Exam schedules

N/A

International connections

N/A

Completion alternatives

N/A

Student workload

10 credits equals 270 hours of student work. In studies, you can do learning tasks alone, in pairs or in small groups.

Further information

The implementation of studies is aimed at Metropolia Master´s students.
More detailed content of the implementation will be presented on the orientation day.

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

Evaluation is based on in the following ways: the work during the implementation and expertise gained in the end of the course as well as reaching the objectives of a project and birth of various solutions.
- The student has participated in activities and sketched the business idea.

Assessment criteria, good (3)

Evaluation is based on in the following ways: the work during the implementation and expertise gained in the end of the course as well as reaching the objectives of a project and birth of various solutions.
- The student can outline the requirements of the business activities and can develop his or her own idea. The student understands the most important concepts and the fundamentals of the business life and identifies the basic processes of running a company. The student knows the different stages of founding and registering the company and the impacts operational environment has to the company. The student has internalized the concepts of internal and extern entrepreneurship. He or she has gained perspectives of the opportunities in business.

Assessment criteria, excellent (5)

Evaluation is based on in the following ways: the work during the implementation and expertise gained in the end of the course as well as reaching the objectives of a project and birth of various solutions.
- The student knows the requirements of the stakeholders in the operational environment of the companies. He or she knows how to search and acquire knowledge about running the business and funding. The student has developed his or her own business idea into a functional project.

Assessment criteria, approved/failed

Evaluation is based on in the following ways: the work during the implementation and expertise gained in the end of the course as well as reaching the objectives of a project and birth of various solutions.
- The student has participated in activities and sketched the business idea.

Assessment methods and criteria

The evaluation focuses on work during the implementation and competence at its end, as well as the achievement of the project's goals and the emergence of solutions.

Evaluation criteria - satisfactory (1-2)

The student has participated in the activity and sketched out the business idea. The student understands the key concepts and basic laws related to entrepreneurship and is clear about the stages of establishing a company, the planning tools and methods of entrepreneurship, and the effects of the operating environment on business activities.


Evaluation criteria -good (3-4)

The student has actively participated in the activity and understands the prerequisites of business operations and is able to utilize various entrepreneurial tools and methods and develop their business idea. The student is well aware of the stages of establishing a company and the effects of the operating environment on business operations. He has adopted new perspectives on business opportunities and networking.

Evaluation criteria -excellent (5)

The student has participated very actively in the activities and in the development of the business idea and has commendably adopted the knowledge, skills, tools and methods related to entrepreneurship and the development and analysis of business activities. The student knows the requirements of stakeholders in the operating environment of companies and knows how to acquire and analyze information about business operations and their financing. The student has developed his business idea and business plan ready for possible implementation.