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A DETAILED STUDY DESCRIPTION
Module: Entrepreneurship 10 cu
Studies included in the module:
 Entrepreneriual Attitude and Profitable Business Operations 6 cu
 On-the-job Learning in Practice Enterprise 4 cu
Study: Entrepreneurial Attitude and Profitable Business Operations 6 cu
Objectives:
The student deepens his/her knowledge and know-how by working in a
practise enterprise as if he/she was working in a real enterprise. The student
develops his/her understanding of both intrapreneurship and entrepreneurship
and learns how to make their business a profitable venture.
The student plans, carries out and documents work assignments that are
related to entrepreneurial financial management, marketing and law. The
student participates in all assignments related to business operations and
gets an overall picture of entrepreneurship. The student utilises in his/her
activities, among other things, the Internet and Econet Pro, a financial
management software.
The student learns to work as a team in different customer service situations
both with internal and external customers. The practice enterprise operates in
a network consisting of hundreds of both domestic and foreign practise
enterprises.
Core content:
Business activity in a practice enterprise 6 cu:
Entrepreneurship: fundamentals of law
 establishing a business
 legal requirements for entrepreneurship
 legislation concerning products, services and contracts
Entrepreneurial financial management
 corporate finance
 business plan
 budgeting
 accounting
 financial statements and taxation
Entrepreneurial marketing
 market research
 marketing and sales in an international practice enterprise
environment
 sales tracking and reporting
 fair project
 open doors
On-the-job-learning in a practice enterprise 4 cu
 all business operations and entrepreneurship assignments are carried
out in a practice enterprise environment
Implementation:
 entrepreneurship is the leading thought in all activity
 we work in a practice enterprise and the fair project includes a visit to
a fair
 the exercises, assignments and production are related to the practice
enterprise
Requirements for completion:
 active participation in both the practice enterprise activity and the fair
project, in which all of the students have their own roles and own
assignments
 completing given assignments and reports
 a written self assessment, in which the student assesses his/her own
activity and the activity of the enterprise. On the basis of the self
assessment a assessment discussion is held with the supervising
teacher
Assessment criteria:
Excellent (E3)
Student or candidate
Clarifying and defining the business idea:
 defines and reports, in co-operation with the team, the business
possibility (operational possibilities) for the enterprise that is being
established.
 chooses, in co-operation with the team, a company form and
formulates the charter of foundation
 retrieves information independently from central authorities
Assessment of both the possibility of productification1 and the playing field for
business
 utilises in the productification process, in co-operation with the team,
possibilities offered for entrepreneurship in one's own field or in
another fields
 utilises information available in different networks
 find outs, in co-operation with the team, companies operating in the
industry and retrieves information about working as a entrepreneur in
the industry
 follows, in co-operation with the team, both the development and the
development view of the industry (regarding entrepreneurship)
 assesses independently his/her own possibilities to work as an
entrepreneur in the industry and sets up development goals for him/herself
Planning business operations and operating in an enterprise
 when planning the business operations the student utilises, in co-
1
Short definition of productification/productization (notice that several terms are used in general): act of modifying
something to make it suitable as a commercial product
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operation with the team, necessary information and knowledge on,
among other things, how a product or a service is created and sold
and how the finance is structured
when planning the logistics of the enterprise the student utilises, in cooperation with the team, information and knowledge required in the
logistics planning
in co-operation with the team retrieves information about establishing
a business and about services that support the business, as for
example, accounting firms
independently utilises the knowledge base required in business
operations
clarifies which are the legal requirements of accounting (especially
what the legislation states and why)
keeps verifications and receipts for accounting purposes
interprets together with, for example, the accounting firm the company
result and the balance sheet
Good (G2)
Student or candidate:
Clarifying and defining the business idea
 defines and reports, in co-operation with the team, the business
possibility (operational possibilities) for the enterprise that is being
established.
 chooses, in co-operation with the team, a company form and
formulates the charter of foundation
 participates in information retrieval from central authorities
Assessment of both the possibility of productification and the playing field for
business
 utilises in the productification process, in co-operation with the team,
possibilities offered for entrepreneurship in one's own field or in
another fields
 searches for information available in different networks
 finds out, in co-operation with the team, companies operating in the
industry and retrieves information about working as a entrepreneur in
the industry
 follows, in co-operation with the team, the development of the
industry (regarding entrepreneurship)
 assesses, in co-operation with the team, his/her own possibilities to
work as an entrepreneur
Planning business operations and operating in an enterprise
 when planning the business operations the student obtains, in cooperation with the team, necessary information and knowledge on,
among other things, how a product or a service is created and sold
and how the finance is structured
 when planning the logistics of the enterprise the student obtains, in cooperation with the team, information and knowledge required in the
logistics planning
 in co-operation with the team retrieves information about establishing
a business and about services that support the business, as for
example, accounting firms
 utilises the knowledge base required in business operations
 clarifies which are the legal requirements of accounting
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keeps verifications and receipts for accounting purposes
interprets together with, for example, the accounting firm the company
result
Satisfactory (S1)
Student or candidate:
Clarifying and defining the business idea
 the student is instructed to define, in co-operation with the team, the
business possibility for the enterprise that is being established
 the student is instructed to choose, in co-operation with the team, a
company form and formulates the charter of foundation
Assessment of both the possibility of productification and the playing field for
business
 utilises in the productification process, in co-operation with the team,
possibilities offered for entrepreneurship in one's own field or in
another fields
 the student is instructed, in co-operation with the team, to both find
out companies operating in the industry and to retrieve information
about working as a entrepreneur in the industry
 the student is instructed to follow, in co-operation with the team, the
development of the industry (regarding entrepreneurship)
 the student is instructed to assess, in co-operation with the
team, his/her own possibilities to work as an entrepreneur
Planning business operations and operating in an enterprise
 when planning the business operations the student is instructed to
obtain necessary information and knowledge on, among other things,
how a product or a service is created and sold and how the finance is
structured
 when planning the logistics of the enterprise the student is instructed
to obtain, in co-operation with the team, information and knowledge
required in the logistics planning
 in co-operation with the team retrieves information about establishing
a business and about services that support the business, as for
example, accounting firms
 the student is instructed to utilise the knowledge base required in
given assignments
 the student is instructed to clarify which are the legal requirements of
accounting
 the student is instructed to keep verifications and receipts for
accounting purposes