•   From Ideation to Feasible Business WOR2RZ001-3021 03.11.2025-16.01.2026  5   (CONTACT, ...) +-
    Learning objectives
    Upon completion of the course, the student is able to

    • apply practical knowledge of issues related to establishing a business in Finland
    • understand characteristics of an entrepreneur, as well as to make him to consider entrepreneurship as a potential career option
    • understand the effectiveness and key figures of the hotel, restaurant and tourism industry and be able to put them into practical use
    • know hospitality industry related legislation and its practical implementation
    • identify potential customers and segments, understand and anticipate customer expectations and needs
    Starting level and linkage with other courses
    No previous studies needed and no binding connections to other courses.
    Contents
    • The characteristics of an entrepreneur and intrapreneur
    • Analysis of Finnish business environment, emphasis on hospitality entrepreneurship
    • Introduction to forms of business in Finland
    • Process of founding a business
    • Making a business plan/business model
    • Permits/legal issues/investment
    • Pitching own business idea
    • Business model canvas and its components
    Assessment criteria
    Assessment criteria - grade 1
    Grade 1
    The student’s understanding of entrepreneurship key concepts is limited. Student’s level of skill in developing and in establishing a business, is below average. Her’s/his’ knowledge about the basic theoretical frameworks and business model is below average. Student’s attitude towards learning through participation in teamwork and conducting assignments, is below average. Her/his capability to analyze organizational practices that facilitate different types of businesses is limited.
    Assessment criteria - grade 3
    Grade 3
    The student has good entrepreneurial skills and understands components of establishing own business.
    S/he has a good knowledge of the basic theoretical frameworks and business model which is necessary in business set up. S/he has a good attitude towards learning through participation in teamwork and conducting assignments. S/he has a good self- and group critical thinking. S/he can objectively measure the success of business.
    Assessment criteria - grade 5
    Grade 5
    The student has excellent entrepreneurial skills in developing and in establishing both an innovative and viable business. S/he has excellent knowledge about the theoretical frameworks, business models and its application in practice. S/he has an excellent attitude towards learning through self-initiative and continuous and supportive participation in teamwork and in conducting assignments. S/he has an excellent measurements skills and analyses of business success.
    Further information
    This course might involve a project work commissioned by an external company.
    Campus

    Athens

    Teaching language

    English

    Timing

    03.11.2025 - 16.01.2026

    Enrollment

    10.03.2025 - 10.03.2025

    Groups
    • CONTACT
    • LEMONDE23S1
    Seats

    15 - 30

    Degree Programme

    22HOTEM Degree Programme in Hospitality, Tourism and Experience Management

    R&D proportion

    0.00 cr

    Virtual proportion

    0.00 cr

    Evaluation scale

    H-5