Execution – Running Your Own Company
KTH: ME2816, SSE: 8063, KI: 2XX052, KFK: SSES04, SU: FE6602
Autumn 2013: 2 Sep - 16 Oct
Spring 2014: 20 Jan - 5 Mar
The course runs after 5 pm on Mondays and Wednesdays in 2-3 hour sessions
Worth: 7.5 ECTS-credits
Stockholm School of Economics
Swedish course name
NB: BSc-participants need to be admitted to the BSc-programme at SSE
Taking a venture from the drawing board to the marketplace is what Execution is all about. We challenge you to have your first sale, customer or user before examination.
Whether you have a business plan or not this is a course for you who are genuinely interested in realising your already existing business idea. The course is constructed as a safe and controlled environment where students are encouraged to take actions and step into reality. The outline of the course is built on experience from active entrepreneurs, not rarely alumni to the course, and follows the typical stages for new venture creation.
You will not need a formal company registration when you enroll, we will do that in the course.
Intended learning outcomes
After this course you should be able to:
- Understand and demonstrate knowledge of important issues faced when starting a new firm
- Manage important issues faced when starting a new firm
- Argue for critical processes and steps required when starting a new firm
- Be aware of resources required when starting a new firm
- Assemble resources for starting a new firm
- Conduct a market analysis
- Present a business model
- Conduct a basic financial analysis of a new venture
In order for you as a student to be able to take SSES courses they are all scheduled after your daily classes (or workday), with some margin time to ensure you can commute to campus, pick up a coffee and arrive on time.
This course runs on Mondays and Wednesdays in two to three hour sessions for some seven weeks, but for a detailed timing check out the schedule in the box to the right. Teaching will incorporate lectures, debates, and exercises, as well as presentation from leaders in the field.
The student’s grade will depend on three factors:
- Written exam (40%) individual
- Final executive summary (35%) group
- Assignments and presentations (25%) group/individual
Students will be required to satisfactory complete all of the course assignments in order to receive a passing grade.
Dr. Karl Wennberg completed his PhD in 2009 at the Stockholm School of Economics. His research investigates the interaction between social influences and economic performance for entrepreneurial action. This has been published in the Journal of Business Venturing, Management Science, Small Business Economics, and in his book "The Birth, Growth and Demise of Entrepreneurial Firms" (Edward Elgar, fall 2010). Karl has taught at the Stockholm School of Economics and at Imperial College London and is active as advisor for public policy makers and private firms.