Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


This course provides a holistic picture of what entrepreneurs and managers of modern technology based firms need to consider when establishing, developing and managing businesses. After the course you have a basic understanding of and the ability to systematically explore:

  • a modern technology based business organization and projects
  • basic product and process development in scalable digital business
  • basic entrepreneurial finance and financially managing new businesses
  • managing and developing human resources and related venture capabilities
  • important elements and capabilities in managing a modern technology based venture in fast developing and turbulent business environments



Credits: 4

Schedule: 29.10.2020 - 03.12.2020

Teacher in charge (valid 01.08.2020-31.07.2022): Mikko Heiskala, Olli Mutanen

Teacher in charge (applies in this implementation): Mikko Heiskala, Olli Mutanen

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English


  • Valid 01.08.2020-31.07.2022:

    The focus is on a management and development of a modern technology-based company. The course includes lectures and case studies on real high technology firms, affecting trends, business ecosystems and markets, organization and project management, new product and process development, entrepreneurial finance and human resource development. Special emphasis is on aspects related to factors of a successful business-level digital transformation strategy and the related capabilities such as organizational change management. Lectures include insights from case studies of real-world business organizations, first-hand experiences from industry guest lecturers and might include site visits to industrial and business environments. The guest lecturers, content, and the case studies vary from year to year.


Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    The course is assessed based on course assignments.


  • Valid 01.08.2020-31.07.2022:

    This is a 4 ECTS course. The expected student work hours are: Lectures 12h, individual study 35h and assignments 60h, total of 107h. Assignments consist of both working in groups and an individual part.


Study Material
  • Valid 01.08.2020-31.07.2022:

    Lecture and online learning materials, selected journal and practitioner articles and complementary materials. Materials will be announced at the beginning of the course.


Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    Replaces former course CSE-E4755 Management of a Technology Venture (6 op), CS-E5110 Management of a Technology Venture (5 op).


  • Valid 01.08.2020-31.07.2022:

    CS-E5100 / CSE-E4751 Introduction to IT Business and Venturing, CS-E5120 Introduction to Digital Business and Venturing, or similar knowledge.

SDG: Sustainable Development Goals

    9 Industry, Innovation and Infrastructure



Registration and further information