AI201312 - Entrepreneurship and Business Development


Examination arrangement

Examination arrangement: Portfolio assessment
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
Portfolio assessment 100/100 ALLE

Course content

The course gives an introduction to entrepreneurship theory, idea development, business modelling and the startup process. The course will focus on topics such as:

  • Entrepreneurship as a process
  • Effectuation and lean startup
  • User, customer and market insight
  • Idea development
  • Sustainable business models
  • The entrepreneurial ecosystem
  • Financing and budgets
  • The business plan and its main components
  • Written, oral and visual idea communication

Learning outcome


Students will aquire knowledge about foundational concepts and perspectives within entrepreneurship. After the course, students will have insight into the lean startup method, an understanding of how one evaluates the commercialisation potential of a business idea, as well as how to mobilize resources in the entrepreneurial ecosystem.


Students should be able to evaluate the market potential of a business idea and how one builds a sustainable business model related to the idea. Students will acquire skills to test and validate business models and practice how to communicate a business idea to various target groups.


After finishing the course, students should have a good understanding of the activities that are necessary to commercialize a business idea through starting a new venture. Students are expected to be able to carry out the acitivities themselves, but also provide advice for others who have an idea.

Learning methods and activities

Lectures, field work, group work, guidance and presentations.

Compulsory work may include obligatory attendance. Details on compulsory work is given at the start of the semester.

Compulsory assignments

  • OBL-1

Further on evaluation

Portfolio assessment in groups counts for 100% of the grade in the course. The portfolio consists of up to six assignments, and further details will be announced in the beginning of the semester. There will be no resit exam in this course. All elements of the portfolio must be retaken on the next ordinary exam. Previously approved mandatory assignments are not valid for later exams and must be retaken.

Required previous knowledge


Course materials

Reading list will be announced at the first lecture

More on the course



Version: 1
Credits:  7.5 SP
Study level: Intermediate course, level II


Term no.: 1
Teaching semester:  AUTUMN 2023

Language of instruction: Norwegian

Location: Ålesund

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of International Business


Examination arrangement: Portfolio assessment

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD Portfolio assessment 100/100 ALLE





Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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