LEARNING OUTCOMES
After successfully completing this course, student is able to understand international business and competition factors of fashion related business. They understand and realize the trademark/brand based business in the perspective of the fashion and design in practice. They has adapted an entrepreneurial attitude and thinking and has understanding of the roadmap to entrepreneurship. They is familiar with business systems and has understanding how to create and implement sustainable and innovative processes in business.
Credits: 5
Schedule: 19.04.2022 - 24.05.2022
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Anna Ervamaa
Contact information for the course (applies in this implementation):
Laura Bestle
laura.bestle@aalto.fi
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:
The course includes
- analyzes of the cases in actual business life
- product versus concept
- launch
- production and purchasing
- value proposition
- sustainability and innovation
- arranging the finance business model
Individual and group works are a part of the course studies.
applies in this implementation
PRELIMINARY COURSE PROGRAM
- 19.04 Course Introduction: First Steps in Entrepreneurship & Business Creation
- 21.04 Product Versus Concept
- 26.04 The Role of Marketing
- 28.04 Value Proposition & Product Launch - How, Where and When
- 03.05 A Pandemic Changing the Fashion & Textile Industry
- 05.05 Sustainability in Business - Responsible Thinking and Creating
- 10.05 Innovation - Identifying New Business Opportunities & Introduction to IPR w. VISITOR: Emilia Hodge (Attorney-at-Law, Properta Attorneys Ltd)
- 12.05 Actual Business Life - How to Create and Present a Successful Brand w. VISITOR: Ainomaija Haarla (Advisor, Industry Partner & Prof. Emerita)
- 17.05 The Finance Playground
- 19.05 Presenting your Project w. VISITOR: Nea Harjanne (CEO at KIUAS)
- 24.05 Presenting your Project; Course Summary, Discussion & Evaluation
Assessment Methods and Criteria
valid for whole curriculum period:
Participation, completing tasks, activity and communication
applies in this implementation
- Introductory Assignment —> 10%
- Tasks during lessons (including homework) —> 30% (only completed or not completed no grade, unsolved tasks lower total grade)
- Group Project —> 30%
- Individual Task —> 30%
- Course Evaluation
Workload
valid for whole curriculum period:
135 h
35 h Contact teaching
100 h Independent work
applies in this implementation
- 35 h Contact teaching (including lectures, tutoring, critiques & external visiting experts)
100 h Independent work (including assignments: homework, group work & lesson tasks)
DETAILS
Study Material
valid for whole curriculum period:
TBA
applies in this implementation
MANDATORY COURSE LITERATURE (Necessary): E-Books available via https://primo.aalto.fi/
BOOKS:
- Guide to fashion entrepreneurship : the plan, the product, the process, 2014, Melissa G. Carr & Lisa Hopkins Newell; ISBN: 978-1-5013-0374-6 (online)
- Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers, 2010, Alexander Osterwalder & Yves Pigneur; ISBN: 978-0470-87641-1 (online)
ARTICLES: TBA
- Vogue Business: Chloé wants to improve fashion's social impacts. It's a big task, 2022, Rachel Cernansky
PODCASTS & VIDEOS: TBA
ADDITIONAL READING MATERIAL (good to know):
- Fashion Entrepreneurship: Retail Business Planning - 3rd edition, 2019, Michele M. Granger, Tina M. Sterling & Ann Cantrell; ISBN: 978-1-5013-3164-0 (online)
- Value Proposition Design: How to Create products and Services Customers Want, 2014, Papadakos, Trish; Smith, Alan et. al; ISBN: 978-1-118-96805-5 (online)
EXTRA READING MATERIAL (nice to know):
- Fashion Law : A Guide for Designers, Fashion Executives, and Attorneys, 2016, Guillermo C. Jimenez & Barbara Kolsun; ISBN: 978-1-5013-0367-8
- A circular economy handbook for business and supply chains : repair, remake, redesign, rethink, 2017, Catherine Weetman; ISBN: 978-0-7494-7675-5
- Value Construction in the Creative Economy - Negotiating Innovation and Transformation, 2020, Rachel Granger; ISBN: 9783030370350
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
1 No Poverty
2 Zero Hunger
3 Good Health and Well-being
8 Decent Work and Economic Growth
10 Reduced Inequality
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Required attendance 80%.
Attendance in the first lesson is mandatory.
Teaching Period:
2020-2021 Autumn I
2021-2022 Spring V, Teaching period changed by decision of Academic Committee for Arts, Design and Architecture on 16 June, 2021.
Course Homepage: https://mycourses.aalto.fi/course/search.php?search=MUO-E1001
Registration for Courses: Sisu replaces Oodi on 9 August, 2021. Priority order to courses is according to the order of priority decided by the Academic committee for School of Arts, Design and Architecture: https://www.aalto.fi/en/services/registering-to-courses-and-the-order-of-priority-in-aalto-arts
In WebOodi
applies in this implementation
This course is a contact teaching course and will be held at Aalto University facilities in Espoo mainly at the Väre building. Please check the room numbers in the calendar here at MyCourses under "Upcoming Events".
After every lesson, the presentation slides will be uploaded here on MyCourses under "Materials" with important book chapters to be read.
During the course lessons: homework, group work tasks and individual tasks will be introduced and are available under "Assignments" on MyCourses to be completed.