Family Business and Business Transfer (4cr)

Evaluation scale

1-5

Objective

Students are able to recognise specific questions of family businesses and their impact on business operations. Students know the central elements of succession or ownership transfer and they are able to plan the implementation of succession or ownership transfer.

Content

- specific features of a family business
- board of directors in a family business
- copreneurship
- planning and implementing the succession and business transfer from the point of view of ownership, management responsibility and knowledge transferring
-a merger as a way to start or to grow business

Materials

- Articles distributed by the lecturer (in English).
- Koiranen: Juuret ja siivet (Roots and wings).
- Heinonen (ed.). Yrityksen sukupolven- ja omistajanvaihdos (Succession and ownership transfer in a business. Tietosanoma
- Hautala (ed.). Vetäjä vaihtuu - opaskirja yrittäjäpolvenvaihdoksiin (Guide to succession)

Teaching methods

- contact teaching
- visitor lecturers
- case-work
- group work

Employer connections

Work placement is not included in the course

Student workload

- contact teaching 20 h (75% compulsory)
- independent work 85 h including tutoring

Assessment criteria, satisfactory (1)

Student recognizes well the special characteristics of family business and he can take into account
their impacts on business.
Student recognizes the key perspectives in succession and business transfer.
Student is able to preliminary plan the implementation of business transfer.

Assessment criteria, good (3)

Student recognizes in an excellent way the special characteristics of family business and he can take into
account their impacts on business.
Student recognizes well the key perspectives in succession and business transfer.
Studen is able to plan the implementation of business transfer in a quite versatile way.

Assessment criteria, excellent (5)

Student recognizes in an excellent way the special characteristics of family business and he can take into
account their impacts on business.
Student recognizes in an excellent way the key perspectives in succession and business transfer.
Studen is able to plan the implementation of business transfer in a versatile way.

Qualifications

Introduction to business management

Further information

The course produces 3 R&D credits