Business Environment (5cr)

Objectives (course unit)

This course will give the student an insight into the phenomena and laws that influence the business environment.

After completing the course, the student will
- know the basics of business planning and starting a business.
- identify the main theories and concepts of economics.
- be familiar with business forms and the principles of profitable business planning.

Content (course unit)

What elements make up the business environment and how are economic phenomena reflected in companies' activities?
How do different types of businesses differ?
What is contract law?
What does accounting involve?

Assessment criteria, satisfactory (1-2) (course unit)

The student will identify the principles that guide the economy. They understand the basic conditions of entrepreneurship. The student will participate in practical work based on theory in the learning environment chosen for the implementation.

Assessment criteria, good (3-4) (course unit)

The student will analyze the elements of the national economy and choose activities related to starting a business, taking into account legal aspects. Understand the role of the economy in business. The student will actively participate in the learning environment chosen for the implementation.

Assessment criteria, excellent (5) (course unit)

The student will be able to analyse the requirements of the business environment when setting up a company and recommend appropriate working methods and procedures. They will be able to assess the conditions for starting a business and support others if necessary. The student will take committed responsibility for working in the learning environment chosen for implementation.

Location and time

From 25.8.2025 onwards. A more specific schedule can be found in Pakkki and more information will be published in Teams.

Exam schedules

Deadlines are mentioned on Teams. The retakes will be agreed on a case-by-case basis.

Assessment methods and criteria

A team project 50 %
Personal portfolio 50 %

The assessment criteria is mentioned with the assessments.

Assessment scale

0-5

Teaching methods

At Proakatemia, we learn by working together. It involves reading and learning from a wide range of material, combining knowledge with your own thinking and experience, and sharing it in written or oral form in a variety of interactions.
Learning methods include dialogue, presentations, lectures, exercises, assignments, project work, reflection, independent, team and/or guided.

Learning materials

Will be notified in Teams.

Student workload

1 credit = 27 hours of student's learning work.

Content scheduling

More detailed schedule and contents will be pubslihed in Teams.

Completion alternatives

Passing the course requires learning with a team. Exceptions for timing etc. must be discussed in advance with the coaches and/or the team.

Practical training and working life cooperation

This course includes a customer project.

International connections

The English and Finnish co-degree programmes are integrated when it comes to implementation.

Further information

Courses
-Business Environment
-Business Planning
-Orientation to Team learning
are integrated. It is not possibly to study them separately.