European Affairs Studies include courses focusing on EU law, financial markets of EU, international- or cross-cultural business. The student can also choose a course in industrial management from the Faculty of Technology. The courses are divided into autumn and spring semesters.
For EMBS students: European Affairs studies is also a key part of the EMBS studies, and all exchange students participating in the EMBS-programme should complete the European Affairs module (20 ECTS) and additionally 40 ECTS of studies in Business Sciences.
EBBS / EMBS students may also choose other courses in the European Affairs module. In these cases, always contact the International Students' Coordinator.
Courses 2011-2012
- Financial Markets of the European Union, 5 ECTS
- Comparative Business Law, 6 ECTS
- Business Operations in Eastern Europe, 5 ECTS
- Global Sourcing and Procurement, 5 ECTS
- Intellectual Property Law (in the Nordic Countries and EU), 6 ECTS
- Market Law in the Nordic Countries and EU, 7 ECTS
Course Descriptions 2011-2012
LASK3002 Financial Markets of the European Union
Credit Units: 5 ECTS
Time: Spring semester, periods IV & V.
Content: The European bond market, with new issues and market structure, the European stock exchanges and trends in the capital markets. The European union environment for banking, including bank legislation, the EMU, the European system of Central Banks with an outline of ECB monetary policy, the BIS rules of Capital adequacy in banking: the Euro as a new international currency and the problem of the real exchange rates, derivative products and market in Europe, and the theory of market efficiency.
Learning outcomes: By the end of this course students should know and understand the products, the various interest rates and the importance of interbank liquidity in the European money markets, have an ability to calculate money market yields and product prices, know the European Central Bank´s monetary policy instruments and posses an insight into euroarea monetary policy thinking. Furthermore, by the end of this course students are expected to understand the mechanism of bonds and bond issues as capital market products, become familiar with the European bond market, platforms, processes and properly appreciate the central role of expectations and risks in the financial markets and in the cost of finance.
Teaching: Lectures 30 h.
Assessment: Exam.
Literature: Howells, P. & K. Bain (2005). The Economics of Money, Banking and Finance, a European text, 3rd edition.
Articles distributed as handouts during lectures.
Prerequisites: Basics in foreign exchange concepts as well as capital market concepts; purchasing power parity, interest rate parity, basic instruments (bonds).
Rating: 1-5 or fail
Contact person: Student Advisor (teacher: Professor Roy Dahlstedt)
TOIK2034 Comparative Business Law
Credit units: 6 ECTS
Time: Autumn semester
Contents: Central parts of the legal systems and especially of Business Law of Finland and other Nordic countries. The Nordic system shall be compared to the main legal systems within Busines law. Special emphasis will be on contract and company law.
Learning outcomes: By the end of this course students understand the central issues of the legal cultures in Nordic countries. Students have knowledge of the main regulations of business law. Students are provided the basic skills to utilize foreign legal systems.
Teaching: -
Assessment: Examination.
Literature:
- Toiviainen, Heikki (2008). Introduction to Finnish Business Law. Helsinki: Edita.
- Literature determined by the teacher.
Prerequisites: -
Rating: -
Contact person: Juha Tolonen.
MARK2027 Business Operations in Eastern Europe
Credit units: 5 ECTS
Time: Spring, Period 3
Content: 1) dimensions of transition 2) the structure and changing nature of East-West business 3) entry strategies 4) national and business cultures and 5) logistical aspects.
Learning outcomes:By the end of this course students should be able to identify and analyze the key characteristics of the operation environment in emerging markets in Eastern Europe (especially in Russia, CIS and the Baltic states) as well as plan and manage entry strategies for these markets. The course will also support the development of student's skills in the areas of synthesis of data, problem solving and critical thinking.
Teaching: Lectures and group assignment
Assessment: Exam, group assignment.
Literature:
- Transition report 201008 by European Bank for Reconstruction and Development. Selected parts.
- Cavusgil, S.T., P.N. Ghauri, M.R. Agarwal: Doing Business in Emerging Markets. Entry and Negotiations Strategies. Sage Publications 2002. Selected parts.
- Reading package
Prerequisites: Export Marketing or Vientimarkkinointi. International Business Operation Modes is recommended.
Rating: -1-5 / failed
Contact person: Jorma Larimo/Markku Heiskanen
MARK2019 Global Sourcing and Procurement
Credits: 5 ECTS
Time: Autumn, Period 2.
Learning objectives: Student will gain an understanding of procurement’s role in today’s business environment. Student will be able to understand suppliers different roles in business network. Implementation and follow-up knowledge of supplier base is developed and student will reach basic knowledge of sourcing strategies and the strategic role of procurement in global and international business environment. Student will also have basic knowledge about implications of buyers decisions inside the supply chain and business network. Student will be able to use basic analysis tools to evaluate procurement process and outsourcing. Student will understand how international procurement is organized. The course supports the development of student's skills in the areas of critical thinking, synthesis of data and problem solving.
Course contents: 1) Purchasing as a strategic tool 2) Network thinking 3) international supply chain management 4) ABC-analysis 5) Purchasing portfolio 6) Supplier evaluation 7) International outsourcing
Teaching: Lectures (max 30h)
Assessment: Exam, participation of quest lecturer’s lessons
Rating: 1-5/failed.
Literature:
- VAN WEELE, ARJAN. Purchasing and supply chain management, Analysis, Strategy, Planning and Practice. Thomson learning, London (2005)
- Collection of articles
- Other material provided by the lecturer
Contact person: Marja Naaranoja (Industrial Management), Markku Heiskanen (Department of Marketing)
Teacher: Harri Jaskari.
Organiser: Industrial Management Unit and Department of Marketing
Additional information: This course replaces the previous course International Purchasing.
TOIK2033 Intellectual Property Law (In the Nordic Countries and EU)
Credit Units: 6 ECTS
Time: Spring Semester 2012.
Content: Copyright, Right to Patents, Integrated Circuits, Firm and Trademark Law. Selected parts of Model Law, Plant Breeding Law, Unfair Competition and Business Secrets. The legal protection for digital products is especially emphasized.
Learning outcomes: By the end of this course students understand and are provided for advanced critical legal evaluation of intellectual property and other information society related regulation, especially in the Nordic countries and in the EU.
To elucidate how the rules of Intellectual Property Law promote and limit production and marketing.
Teaching: Lectures 20 h.
Assessment: Exam, where the student may use the law book. The student has to become acquainted with the central legislation when studying the literature.
Alternative assessment:
It is possible to perform the course as a net course with essays and working papers. Look forward alternative way of assessment.
Literature:
- Scandinavian Studies in Law Volume 42 (2002). Intellectual Property. Stockholm: Jure AB.
Or
Bernitz, Karnell, Pehrson & Sandgren (2009). Immaterialrätt och otillbörlig konkurrens. 11. uppl. Stockholm: Juristförlaget (Selected parts according to Finnish Law).
Or
Haarmann, Pirkko-Liisa (2006). Immateriaalioikeus. 4. painos. Helsinki: Talentum Media Oy. - Bruun, Niklas (ed) (2005). Intellectual property beyond rights. Helsinki: WSOY.
Or
Haarmann, Pirkko-Liisa (2005). Tekijänoikeus ja lähioikeudet. Helsinki: Talentum Media Oy. - Legislation according to what the lecturer informs.
Prerequisites: Contract law.
Rating: -
Contact person: Alfred Streng.
Right to participate: -
Additional information: Level: Graduate
TOIK2039 Market Law (In the Nordic Countries and EU)
Credit Units: 7 ECTS
Time: Autumn Semester 2011.
Content: 1. The regulation of marketing and legal estimation. 2. The legal relation between enterprises. 3. Consumer protection in business. 4. Limitations of competition. 5. Public purchases.
Learning outcomes: By the end of this course students have a comprehensive view of market law and its central elements. Students also have an understanding of the market law rules that concern business in practice.
Teaching: Lectures 20 h.
Assessment: Exam where the student may use the law book. The student has to become acquainted with the central legislation when studying the literature. Alternative assessment: It is possible to perform the course as a net course with essays and working papers. Look forward alternative way of assessment.
Literature:
- Davies, Gareth (2006). European Union Internal Market Law. London.
Or
Mäkinen, Pentti, Paula Paloranta, Hannu Pokela & Kristiina Vuori (2006). Markkinaoikeuden perusteet. Helsinki: Talentum Media Oy. Pages 1–56 and 121–369. - Wilhelmsson, Thomas, Salla Tuominen & Heli Tuomola (eds.) (2001). Consumer Law in the Information Society. The Hague: Kluwer Law International.
Or
Herler, Brita Kristina (2010). Kuluttajansuoja. Osa 1. Vaasa.
Or
Herler, Brita Kristina & Alfred Streng (2010). Kommentarer till konsumentskyddslagen. Del I. Vasa. - Bovies, Christopher (2008). EU Public Procurement Law. Birmingham: Edward Eögar Pub.
Or
Kuusniemi-Laine, Anna & Pilvi Takala (2008). Julkiset hankinnat – käsikirja. Helsinki: Edita Publishing Oy. - Legislation in accordance with what the lecturer informs. The student has to become acquainted with the central legislation when studying the literature.
Prerequisites: Introduction to Business Law.
Rating: -
Contact person: Brita Herler.
Right to participate: -
Additional information: Level: Graduate.
