BUS101 The Firm - Elements of Business

Credits (ECTS):5

Course responsible:Stig Aleksander Aune

Campus / Online:Taught campus Ås

Teaching language:Norsk

Course frequency:Annually

Nominal workload:125 hours

Teaching and exam period:This course starts in the autumn parallel. The course has teaching/evaluation in the autumn parallel, .

About this course

Key objectives include:

  • An overview of contents and structure of the Bachelor programme and how different topics and courses are linked. Focus will be on inter-disciplinary understanding.
  • A broad introduction to a firm's wider role in society and an overview of selected methods, techniques and models relevant to business decisions.

Learning outcome


After completed course, the student has

  • a useful overview of the bachelor programme as a whole and therefore a valuable starting point for the majority of courses taught later in the programme
  • interdisciplinary understanding of how firms operate and work, how the business community and stock exchange work, and how they impact society as a whole
  • knowledge of key terminology and important tools applied in financial analyses. Tools are comprised of methods, techniques, models, theories, etc.
  • knowledge of basic elements of marketing, business strategy and organizational theory
  • understanding of the meaning of corporate social responsibility
  • understanding of how economics and business courses relate


After completed course, the student is able to:

  • Understand and use central business terminology
  • Apply critical thinking and reflect on the firms’ role in society
  • Read and comprehend the contents of an annual report from a publicly listed company
  • Lectures (campus-based), exercises and miscellaneous articles. The purpose of the exercises is to concretize the lectures and stimulate to student participation. Tre of five assignments must be approved to sit the exam.
  • Lectures with teaching assistants, relevant exercises and web-sites.
  • Written digital exam 3 hours (100%).

  • External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
  • 5 mandatory assignments, whereof at least 3 must by approved to sit the exam. Previously approved mandatory assignments do not constitute grounds for exemption.
  • Two hours, one lecture per week.
  • 2.5 ECTS-credits with BUS100
  • The course is open for bachelor business and IndØk students.