Circular Economy and New Business (5cr)

Code: 5E00CG65-3008

General information

Enrollment: 10.11.2025 - 21.12.2025; Registration for introductions has not started yet.

Timing: 01.01.2026 - 31.05.2026; The implementation has not yet started.

Number of ECTS credits allocated: 5 cr

Local portion: 2 cr

Virtual portion: 3 cr

Mode of delivery: Blended learning

Unit: SeAMK Master School

Campus: SeAMK Seinäjoki, Frami

Teaching languages: Finnish

Degree programmes: Master of Business Administration, International Business Management

Teachers: Dario Liberona

Teacher in charge: Elisa Kannasto

Groups: YRKK24A
Master of Natural Resources, Food Chain Development; IBM25
Masters Degree Programme in International Business Management; YKUTU25
Master of Culture and Arts, Cultural Management

Course: 5E00CG65

Evaluation scale

1-5

Content scheduling

The contents in general

The sustainability problem,
What is sustainability and Circular Economy
Circular Economy Strategies
Sustainable three layer Business Models
Personal contribution to Circularity and Sustainability

Objective

Students recognize how to reduce the consumption of natural resources in business by supporting the economic growth and well-being of society. Students recognize different business models of circular economy. The student is able to analyze and evaluate the possibilities of implementing different business models and their suitability for the company. The student is able to analyze and evaluate the possibilities and significance of different alternative business models for the success of the company in the future. The student recognizes and utilizes various tools in designing circular economy business models. After completing the course, the student is able to develop a business model based on the circular economy for the company.

Content

Introduction to the circular economy
Resource efficiency and recycling
Lifetime extension
Product as a service
Platform economy
Renewability

Materials

An OECD report on sustainable development

https://www.oecd.org/content/dam/oecd/en/publications/reports/2008/12/sustainable-development_g1gh9be9/9789264055742-en.pdf

an OECD report on
Circular Economy in Cities and Regions
https://www.oecd.org/content/dam/oecd/en/publications/reports/2020/10/the-circular-economy-in-cities-and-regions_dd1348ed/10ac6ae4-en.pdf

Teaching methods

The class uses:
Case Analysis
Reading Material
Develop a Circular Economy Plan

The contents in general

The sustainability problem,
What is sustainability and Circular Economy
Circular Economy Strategies
Sustainable three layer Business Models
Personal contribution to Circularity and Sustainability

Student workload

The students have classes 23 hours and 120 hours of work related to material and tasks

Assessment criteria, satisfactory (1)

Student has shown ability to comprehend the basic concepts of the course: Student has been able to use the basic concepts of the course in practical business cases.

Assessment criteria, good (3)

Student has shown in the course ability to comprehend the concepts of the course and apply the concepts in practical business cases. Student has been able to develop solutions for the case company in the assignment of the course.

Assessment criteria, excellent (5)

The student has carried out work to an excellent standard. Student has shown in the course ability to comprehend the concepts of the course and apply the concepts in practical business cases. Student has been able to develop creative solutions in the assignment of the course.