LEARNING OUTCOMES
The student shall be able to
- understand basic legal concepts and their relevance for the individual entrepreneur, business and society
- describe basics of contract and commercial law as well as taxation relevant for starting and running a business (a start-up/company/private trader)
- describe different forms of cooperation and understand their legal implications
- identify the implications and legal requirements for different exit strategies
- acquire independently information on basic legal aspects for running a business and understand when professional help is needed
- identify situations that are legally relevant for the business or its owner
- make consistent and meaningful choices regarding the legal and ethical implications of business decisions
- choose content and draft a legal busines plan for both the business and the owner/shareholder(s)
- address legal problems proactively and know how to use legal services where necessary
Credits: 6
Schedule: 01.03.2023 - 09.06.2023
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Petra Hietanen-Kunwald, Kalle Airo
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
Companies are main tools in any entrepreneur’s toolkit. In this course you will start from deciding what is the potential role of a company in your life and what is your potential role in the company you start. You will learn the main legal building blocks for a company which helps you to reach your goals as an entrepreneur, be it a freelancing business, consulting company, small business or a scalable startup aiming to change the world.
The course is divided into two levels, the first level provides basic concepts and issues that will be applied to real life situtations at level two.
The core content of Level 1 includes basic legal concepts and issues relevant during the lifecycle of a start-up/company/private trader regarding
- Business Entities: purpose, formation agreements.
- Financing: debt/equity main alternatives.
- Intellectual property rights: ownership and protection
- Taxation and Social Security
- Contracts and negotiations/liability
- Employment law
- Consumer protection, Marketing Liability
- Data protection
- Insolvency
- Liquidation
- Corporate Governance and ethical choices
- Exit
The content of Level 2 is of a practical nature and tests your legal, ethical, proactive and creative thinking. Level 2 concentrates on the following issues: How to analyize the purpose and interest of the business? What are possible legal challenges, problems, conflicts? How to act proactively: problem prevention, conflict prevention. What is a legal business plan comprising the lifecycle of the company?
This is an extended version of the Entrepreneurship law course. Students can complete either the 6 ECTS or the 3 ECTS course, not both of them.
Assessment Methods and Criteria
valid for whole curriculum period:
Quizzes, written assignment and oral final exam.
Workload
valid for whole curriculum period:
This is an online course that includes several real time intro and Q&A sessions and an oral final exam.
Most of the workload will consist of independent studying, quizzes and a written assignment.
DETAILS
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
8 Decent Work and Economic Growth
16 Peace and Justice Strong Institutions
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language : English
Teaching Period : 2022-2023 Spring IV - V
2023-2024 Spring IV - VEnrollment :
Registration for courses: in Sisu.
- Teacher: Airo Kalle
- Teacher: Hietanen-Kunwald Petra