Please note! Course description is confirmed for two academic years, 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.


After the course, the participant should
a) know the main concepts of business model design
b) be able to apply the most common frameworks and tools of business model design and
c) have a basic understanding of how and why business model innovations occurs

Credits: 5 - 6

Schedule: 09.01.2024 - 15.02.2024

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Taija Turunen

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


  • valid for whole curriculum period:

    The course introduces the concepts, tools, and principles of business model design aligned with the theories of strategic management. The main emphasis will be on understanding how business models emerge and based on what resources and capabilities these are designed. In addition, throughout the course we will touch up upon the requirements set by the markets and business environment.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Students must attend and display active participation. They must also pass the weekly assignments (written and oral) as well as the exam at the end of the course. 

  • valid for whole curriculum period:

    Lectures & workshops 25h

    Independent work 90h

    Assignments 45h

    Total 160h (ECTS)



Substitutes for Courses
SDG: Sustainable Development Goals

    1 No Poverty

    3 Good Health and Well-being

    4 Quality Education

    5 Gender Equality

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

    10 Reduced Inequality

    12 Responsible Production and Consumption

    16 Peace and Justice Strong Institutions

    17 Partnerships for the Goals


Further Information
  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Spring III
    2023-2024 Spring III

    Enrollment :

    Students are admitted to the course in the following priority order: 1) IDBM students, 2) BIZ exchange students / CEMS students, 3) other students.