Business Model Creation (10cr)

Objectives (course unit)

During the course, the students will create working business models for their team business.

After completing the course the student will
- identify different business opportunities and be able to exploit them in the development of a team business.
- be able to assess the strengths and weaknesses of different business models and use a variety of tools to build business models.
- be able to create business models for their team business.
- further develop their project management skills.

Content (course unit)

What business models exist and what opportunities/challenges do they present?
What tools are available and how are they used to develop a business model?
How are business models implemented in practice as a team?
What competences are needed?

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

Assessment criteria, pass/fail

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

Assessment criteria, pass/fail

Assessment criteria, excellent (5) (course unit)

Assessment criteria, pass/fail

Assessment criteria, pass/fail (course unit)

Passed
The student demonstrates their ability to apply business models in practice in a team and to use tools to build business models. They will be able to realistically assess their competencies and develop the team's project management and business skills.

Failed
The student has a superficial knowledge of business models and their characteristics. The ability to use tools is limited. They do not commit to agreed team practices and do not contribute to the generation of new knowledge.

Location and time

Please see the Pakki/Lukkarikone apps and follow the information on Proakatemia's and your team's communication channels. In general, the training sessions take place twice a week, four hours at a time, at Proakatemia unless otherwise arranged.

Exam schedules

There are no traditional exams. The team participates in Proakatemia's events i.e. Tiimidiili, sales days, 24H, and demonstrates skills and knowledge by solving real-life business cases. The coach may add or modify cases according to the needs of the team.

Assessment methods and criteria

Active participation in training sessions, dialogue, reflection. Self-, peer- and coach evaluation reflecting the set goals.
Required written assignments in the portfolio bank, approved and published. Community activities and company visits.

Assessment scale

Pass/Fail

Teaching methods

There are hardly any traditional lectures or exams at Proakatemia. Learning methods and environments are for example training sessions, (primings, dialogue, workshops, independent studying), literature, writing, and publishing, expert lectures and other fact-finding, project work, seminars, learning cells, and common events. Learning is connected with business projects. The teampreneurs are responsible of the content of the training sessions, in co-operation with their coach.

Learning materials

Literature advice from coaches, teachers, and other teampreneurs.

Student workload

During each semester the team organizes 132 h of training sessions, and every teampreneur participates a minimum of 120 h. If prevented, it is possible to cross-pollinate.
Training sessions require also
- preparations of the sessions
- getting ready personally (pre tasks, if given)
- reflection.
In addition, the course includes portfolio work, community work and company visits, which are recorded in the timesheet.

Content scheduling

According to the current needs of the team enterprise.

Completion alternatives

In general, teampreneurs participate in the training sessions of their own team enterprise. If prevented or needed for learning, it is possible to cross-pollinate in the training sessions of other teams at Proakatemia or other team academies or similar learning organizations.

If the teampreneur participates in student exchange, their training sessions are replaced with studies in the destination.

Practical training and working life cooperation

The content of the studies is connected with real-life business projects' needs.

International connections

As the business grows and/or there are international projects, international business-related content will be learned in training sessions.

Further information

Studies at Proakatemia are integrated into teampreneurs businesses. It is not possible to study separate courses of the curriculum without special arrangements.

Assessment criteria - pass/fail (Not in use, Look at the Assessment criteria above)

Passed
The student has participated in pajas and worked with their team actively, enrichingly and for at least the required number of hours. They have successfully completed the defined portfolio texts, visited companies and participated in community activities as required. They demonstrate mastery of the content covered to the point where they can put it into practice in their team enterprise. Their dialogue skills have developed. They are able to act in accordance with the team's values and to follow mutually agreed procedures.

Failed
Lack of hours. The student knows the concepts only superficially or is not able to apply them in practice in their team enterprise. The student does not operate according to the chosen values and procedures.