Entrepreneurship and Business Planning
BASIC DATA
course listing
A - main register
course code
TMJ3300
course title in Estonian
Ettevõtlus ja äri planeerimine
course title in English
Entrepreneurship and Business Planning
course volume CP
-
ECTS credits
6.00
to be declared
yes
fully online course
not
assessment form
Examination
teaching semester
autumn - spring
language of instruction
Estonian
English
The course is a prerequisite
Commercialisation of Science (MMJ5270)
Venture Creation (MMJ5250)
Study programmes that contain the course
code of the study programme version
course compulsory
AAVM02/25
yes
EAHM23/25
yes
EAMM23/25
no
HAJM08/25
yes
HALM15/25
no
HAPM10/25
no
IAAM17/25
no
IABM02/25
no
IACM23/25
yes
IAFM21/24
no
IAHM19/25
yes
IAIM26/26
no
IAPM02/25
yes
IAVM23/25
yes
IVCM25/25
no
KATM02/25
yes
LAFM23/25
no
LARM18/25
yes
MASM02/25
no
MATM02/25
no
TATM02/25
yes
TVTM03/25
yes
VAAM15/25
yes
VAMM23/25
no
YASM02/25
yes
YVEM09/25
yes
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Structural units teaching the course
EV - Virumaa College
MM - Department of Business Administration
Course description link
Timetable link
View the timetable
Version:
VERSION SPECIFIC DATA
course aims in Estonian
Aine eesmärk on kujundada arusaam ettevõtluse olemusest ja protsessist, ettevõtja rollist ning ettevõtte planeerimise ja arendamise (sh kasvu) põhitõdedest, ettevõtte majandustegevuse mõjutajatest erinevates ettevõtluskeskkondades; võimaldada üliõpilastel valitud idee alusel praktiliselt planeerida äriprojekt, koostada ärimudel ja selle alusel äriplaan meeskonnatööna ning interdistsiplinaarse õppena toetamaks üliõpilasi nii nende ettevõtjaks kui ka ettevõtlikuks palgatöötajaks saamisel.
course aims in English
The aim of this course is to form an understanding of the nature and process of business, role of an entrepreneur and the basics of business planning and development (incl. growth), the influencers of the company's economic activity in various business environments; enable students practically plan a business project on the basis of the chosen idea, prepare a business model and a business plan as a team effort and as an interdisciplinary study to support students in becoming entrepreneurs or entrepreneurial employees.
learning outcomes in the course in Est.
Õppeaine läbinud üliõpilane:
- mõistab ettevõtlusprotsessi ja ettevõtte majandustegevust;
- hindab ärivõimalusi kestlikest põhimõtetest lähtuvalt;
- teostab turu- ja konkurentsianalüüsi, lähtudes valitud ärivõimalusest;
- koostab äriplaani tasuvuspunkti kalkulatsiooniga;
- kavandab ettevõtte tervikliku turundus-meetmestiku ja tööprotsessi;
- koostab põhjendatud finantsprognoosid;
- treenib meeskonnatööd ja esitlusoskust.
learning outcomes in the course in Eng.
After completing this course, the student:
- understands the entrepreneurial process and the company's economic activity;
- evaluates business opportunities based on sustainability principles;
- carries out a market and competition analysis based on the selected business opportunity;
- prepares a business model with break-even point calculation;
- plans the company's comprehensive marketing plan and process map;
- compiles justified financial forecasts and profitability analysis;
- practices teamwork and presentation.
brief description of the course in Estonian
Õppetöö on jaotatud loenguteks ja harjutustundideks järgides probleem- ja projektõppe põhimõtteid. Loengutes arutatakse üliõpilastega ettevõtlusprotsessi osasid, mis toetavad harjutustunnis tehtavaid harjutusi ja ülesandeid. Loengus antakse harjutustunni teemadele teoreetiliste kontseptsioonide taust, mille paremaks mõistmiseks tuuakse näiteid ja kaasuseid praktikast. Harjutustundides toimub äriprojekti arendus meeskondades, kusjuures idee või probleemilahenduse valivad üliõpilased ise, kasutades idee avastamise meetodeid. Peale idee ja meeskonna valimist arendatakse idee projektiks järgides reaalse elu situatsiooni ja protsessi. Selle jaoks viiakse läbi järgmised ülesanded: ärimudeli kavandamine, turundusmeetmestiku planeerimine, kliendi- ja konkurentide uuringu koostamine ja läbiviimine, finantsprognooside kavandamine, äriplaani kui terviku arendamine ja esitlemine. Lisaks toetutakse ülesannete ja harjutuste juures ka ettevõtluspädevuse mudelile, et toetada üliõpilase personaalset arengut. Esinemisoskuste arendamiseks esitletakse ideed erinevatel viisidel: ettekanne, plakat, müügikõne, ärimudel ja äriplaan. Õppetöösse kaasatakse ettevõtjaid ja spetsialiste ettevõtluse eri valdkondadest, et toetada idee arendamist sõltumata valdkonnast. Igal semestril toimub ettevõtlusõppe lõpuüritus „Äriideed ellu“, mille raames saavad kokku üliõpilased ja mentorid, et saada äriideedele tagasisidet ning julgustust ja suuniseid edaspidiseks tegutsemiseks.
brief description of the course in English
The study is divided into lectures and practice lessons following problem- and project based learning principles. In the lectures, the parts of the entrepreneurial process are discussed with the students, which support the exercises and tasks performed in the practice class. In the lecture, the exercises are given the theoretical or conceptual background, for better understanding examples and cases from practice are given. In practice classes, the development of a business project takes place in teams, with students choosing the idea or problem solution themselves, using idea discovery methods. After selecting the idea and the team, the idea is developed into a project following the real-life situation and process. The following tasks are carried out for this: business model creation, marketing strategy planning, customer and competitor study preparation and execution, financial forecast planning, development and presentation of the business plan as a whole. In addition, the tasks and exercises also rely on the entrepreneurial competence model to support students personal development. To develop presentation skills, ideas are presented in different ways: presentation, poster, sales pitch, business model and business plan. Entrepreneurs and specialists from different fields of business are involved in the study to support the development of the idea regardless of the field. Every semester, the final event of entrepreneurship education "Business Ideas to Life" is held, in the framework of which students and mentors come together to receive feedback on business ideas as well as encouragement and guidelines for future activities.
type of assessment in Estonian
Eristav hindamine.
type of assessment in English
Grading.
independent study in Estonian
-
independent study in English
-
study literature
Neck, H.; Neck, Ch.P.; Murray, E.L. Entrepreneurship. The practice and mindset. 14th.ed. 2020.

Teemakohased teadusartiklid ja konspektid Moodle'is.
study forms and load
daytime study: weekly hours
4.0
session-based study work load (in a semester):
lectures
1.0
lectures
12.0
practices
0.0
practices
0.0
exercises
3.0
exercises
12.0
lecturer in charge
-
LECTURER SYLLABUS INFO
semester of studies
teaching lecturer / unit
language of instruction
Extended syllabus
2025/2026 spring
Basel Osama Sayed Ahmed Hammoda, MM - Department of Business Administration
English
    Sirje Ustav, MM - Department of Business Administration
    Estonian
      Sirle Truuts, MM - Department of Business Administration
      Estonian
        Olev Tõru, MM - Department of Business Administration
        Estonian
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          2025/2026 autumn
          Sirje Ustav, MM - Department of Business Administration
          Estonian
            Juhan Teder, MM - Department of Business Administration
            Estonian
              Olev Tõru, MM - Department of Business Administration
              Estonian
                Sirle Truuts, MM - Department of Business Administration
                Estonian
                  Basel Osama Sayed Ahmed Hammoda, MM - Department of Business Administration
                  English
                    2024/2025 spring
                    Basel Osama Sayed Ahmed Hammoda, MM - Department of Business Administration
                    English
                      Extended syllabus TMJ3300 English - Spring 2025.pdf 
                      Martin Toding, MM - Department of Business Administration
                      Estonian
                        2024/2025 autumn
                        Juhan Teder, MM - Department of Business Administration
                        Estonian
                          Martin Toding, MM - Department of Business Administration
                          Estonian
                            Basel Osama Sayed Ahmed Hammoda, MM - Department of Business Administration
                            English
                              Extended syllabus TMJ3300 English - Autumn 2024.pdf 
                              2023/2024 spring
                              Ekaterina Demiankova, MM - Department of Business Administration
                              English
                                Extended syllabus TMJ3300 spring 2024.pdf 
                                Martin Toding, MM - Department of Business Administration
                                Estonian
                                  2023/2024 autumn
                                  Martin Toding, MM - Department of Business Administration
                                  Estonian
                                    Ekaterina Demiankova, MM - Department of Business Administration
                                    English
                                      Extended syllabus spring 2023 final.pdf 
                                      Juhan Teder, MM - Department of Business Administration
                                      Estonian
                                        2022/2023 spring
                                        Martin Toding, MM - Department of Business Administration
                                        Estonian
                                          Ekaterina Demiankova, MM - Department of Business Administration
                                          English
                                            Extended syllabus spring 2023 final.pdf 
                                            2022/2023 autumn
                                            Juhan Teder, MM - Department of Business Administration
                                            Estonian
                                              Ekaterina Demiankova, MM - Department of Business Administration
                                              English
                                                Martin Toding, MM - Department of Business Administration
                                                Estonian
                                                  2021/2022 spring
                                                  Ekaterina Demiankova, MM - Department of Business Administration
                                                  English
                                                    TMJ3300_Grading criteria.pdf 
                                                    Martin Toding, MM - Department of Business Administration
                                                    Estonian
                                                      TMJ3300_Grading criteria.pdf 
                                                      2021/2022 autumn
                                                      Sirje Ustav, MM - Department of Business Administration
                                                      English, Estonian
                                                        TMJ3300_Grading criteria.pdf 
                                                        Martin Toding, MM - Department of Business Administration
                                                        Estonian
                                                          TMJ3300_Grading criteria.pdf 
                                                          2020/2021 spring
                                                          Sirje Ustav, MM - Department of Business Administration
                                                          English
                                                            TMJ3300_Grading criteria.pdf 
                                                            Martin Toding, MM - Department of Business Administration
                                                            Estonian
                                                              TMJ3300_Grading criteria.pdf 
                                                              2020/2021 autumn
                                                              Martin Toding, MM - Department of Business Administration
                                                              Estonian
                                                                TMJ3300_Grading criteria.pdf 
                                                                Airi Noppel, MM - Department of Business Administration
                                                                Estonian
                                                                  TMJ3300_Grading criteria.pdf 
                                                                  Arved Liivrand, EV - Virumaa College
                                                                  Estonian
                                                                    TMJ3300_Grading criteria.pdf 
                                                                    Sirje Ustav, MM - Department of Business Administration
                                                                    English
                                                                      TMJ3300_Grading criteria.pdf 
                                                                      Course description in Estonian
                                                                      Course description in English