Basic Business Studies, At least 25 cr

The Basic business studies study package is carried out as a joint effort of nine Finnish universities. Each course features highly respected experts, who will be explaining the different business and economic phenomena. All of the courses are completely online.

Registration for the LITO courses

Students must register for the courses before they begin them. Registration takes place at the student's home university during a pre-defined registration period, which may differ from the customary course registration periods applied at the home university. Students are advised to check the registration periods for the LITO courses they plan to take and abide by the deadlines. Proper registration for a course is obligatory and required in order to receive course credits. Late registrations will not be accepted.

The registration of course credits and the study package

When the student passes a course, the grade will be registered at his/her home university as part of his/her studies. If a student wishes to get a note in his/her diploma stating that s/he has taken the study package, s/he must complete at least five courses (equal to 25 ECTS), including Understanding and managing a business as a dynamic whole – VIBu business simulation game (the other 20 ECTS can be chosen freely).

LITO courses are organised in co-operation with multiple universities. To receive credits for the courses, students must be granted the right to attend the courses for which they have registered from the host university. To grant the right to attend a course (or courses), the home university will transfer personal student information to the host university responsible for organising the course. The data to be transferred includes the student’s surname, first name, possible middle name(s), gender, nationality, e-mail address, personal identification number and home university. If a student does not have a Finnish personal identification number, his/her date of birth will be transferred. Data classified as secret will not be transferred. Receiving credit for the course(s) is not possible without transferring personal student information.  

Before taking LITO courses, students must make sure that:

• the courses they have chosen can be included in their degree/studies
• the courses chosen do not overlap content-wise with other courses in their degree.

Only LITO courses can be included in the LITO module.

In today’s business life, experts from multiple different fields must work together in projects. Seamless cooperation calls for the understanding of business dependencies and logic as well as knowledge of focal concepts. The Basic Business Studies study module (aka LITO) offers students the opportunity to complement their knowledge and to enhance their working-life skills. During the courses, students will learn about the ways in which companies operate and the factors that influence their actions.

After completing the courses, students will understand how a company operates as an entity and will be able to evaluate their own roles as experts in an entity. Students will be competent in applying the focal concepts of business and economics in their own work. In addition, students will be able to solve problems together with a diverse team.