See the course syllabus.
ME2603 Entrepreneurship 6.0 credits
Thinking up an interesting business idea is not the end of the entrepreneurial process, in fact, it is just the beginning. This idea must be developed into a business concept and a business opportunity through both formal and informal techniques.
During the course the students will be challenged to identify areas of need, to find and create business ideas, and to develop business concepts and opportunities. In order to facilitate this, the course will present key skill-sets in a series of lectures, help participants use this in a series of workshops, and further use a mix of theoretical analysis and practice-focused teaching methods.
Information per course offering
Choose semester and course offering to see current information and more about the course, such as course syllabus, study period, and application information.
Information for Autumn 2025 Start 25 Aug 2025 programme students
- Course location
KTH Campus
- Duration
- 25 Aug 2025 - 24 Oct 2025
- Periods
- P1 (6.0 hp)
- Pace of study
50%
- Application code
50589
- Form of study
Normal Daytime
- Language of instruction
English
- Course memo
- Course memo is not published
- Number of places
Min: 10
- Target group
Open for all programs as long as it can be included in your programme
- Planned modular schedule
- [object Object]
- Schedule
- Schedule is not published
- Part of programme
- No information inserted
Contact
Course syllabus as PDF
Please note: all information from the Course syllabus is available on this page in an accessible format.
Course syllabus ME2603 (Autumn 2020–)Headings with content from the Course syllabus ME2603 (Autumn 2020–) are denoted with an asterisk ( )
Content and learning outcomes
Course disposition
Course contents
Entrepreneurship often requires boldness and to take an idea to the market imply major challenges, both from a financial and from a personal perspective.
To experiment to start a new company can be both risky and expensive. One of the main aims of the course is thus to give the students the opportunity to experience the creation of a new business project. By means of an extensive simulation, the students will be placed in a realistic international business environment, where they will start and run a business through several rounds of decisions.
Intended learning outcomes
After passing the course, the students should be able to:
- motivate why entrepreneurship is important from a societal and sustainability perspective
- analyse business opportunities on the market, with appropriate tools and models
- use methods for customer, market and competitor analysis to create a general action plan
- evaluate different business strategies and design new strategies based on these,
- analyse technology-based business models and the dynamics in value creation, value proposition and value capture from an entrepreneurial perspective,
- use different pricing strategies for products and services and for capital investments in new activities.
Literature and preparations
Specific prerequisites
Achieved the requirements for Degree of Bachelor of Science.
ME1003 Industrial Management, Basic Course or ME1314 Introduction to Industrial Engineering and Management completed
Recommended prerequisites
None in addition to the specific prerequisites.
Literature
You can find information about course literature either in the course memo for the course offering or in the course room in Canvas.
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
A, B, C, D, E, FX, F
Examination
- PRO2 - Business simulation - project, 3.0 credits, grading scale: A, B, C, D, E, FX, F
- PRO3 - Project, 3.0 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
For students with disabilities that has statement from KTH Royal Institute of Technology's FUNKA unit about recommended support efforts at examination, the following in this course applies:
- All support efforts during code R (i.e. adaptations that concern space, time and physical circumstance) be granted without special decision of examiner.
- Support efforts during code P (educational adaptation) should be granted or rejected by the examiner after contact actively taken by the student in accordance with KTH Royal Institute of Technology's rules. Normally, support efforts during code P will also be approved.
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.
Further information
Course room in Canvas
Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.
Offered by
Main field of study
Industrial Management
Education cycle
Second cycle
Supplementary information
Overlapp whit ME2620 and ME2062