BST 9742 Small Business Development

BST 9742 Small Business Development

Course code: 
BST 9742
Law and Governance
Course coordinator: 
Jon Erik Svendsen
Frode Solberg
Course name in Norwegian: 
Bedriftsutvikling for SMB
Product category: 
Bachelor Specialisations HSMI
2020 Autumn
Active status: 
Level of study: 
Teaching language: 
Course type: 
One semester

This course, together with BTH 9743 Bachelor Thesis - Small Business Development, 15 ECTS, makes up a specialisation of 30 ECTS, which is included in the students’ final diploma. The course applies to students enrolled on the Bachelor’s Programme in Marketing or the Bachelor’s Programme in Business Administration. Other students may choose this course as an elective in their 3rd year.

The course aims at qualifying students for management of small and medium-sized enterprises – SMEs – as well as for consultancy work for SMEs. This entails that the specialisation has ties to the business community. Cases and discussions are used to enable students to find work methods for contributing optimally to their own and other students’ learning. Hence the students become responsible for the learning processes, together with the organizers of the processes.

Learning outcomes - Knowledge

After completed course students shall have:

  • Acquired basic knowledge about SME's role and importance i our society
  • Acquired knowledge of leadership and boar performance in a SME, through having learned about leadership and board performance in different sycluses form start up to liquidation of a company
  • Aquired knowledge about support systems and risk management in a SME.
  • Know about critical sucsessfactors and competitive advantage for a SME
Learning outcomes - Skills

After completed course students shall be able to:

  • Prepare a business plan with focus on how to develop SMEs.
  • Analyse management needs for companies in various phases.
  • Prepare plans with budgets and economic consequence analyses.
General Competence

The students should develop respect for the complexity of enterprises.
The students should be able to practice solution-oriented behaviour with ethical reflection.

The students should be able to developing sustainable solutions in an SME

Course content
  • The funktion of the board and leadership in SMR
  • The board and the operative daily leadership
  • The internar roles in the board. Formal design and unformal interaction, team and team leadership, board competence
  • The boards function and leadership challenges with different phases in a company’s life and the board function I various type of companies
  • The digital paradigm – board an leadership in the digitalization
  • Formal aspects with the boards work with focus on the law and regulations
  • The boards responsibility for developing parent management tools with focus on innovation,strategy and value creation
  • The boards responsibility for developing finance, risk management, fusion, fission, leadership information – and steering systems
  • Inovation and development form the entrepreneurial phase to ordinary operations – developement of business models
  • Strategick management and strategic process in SME’s
Teaching and learning activities

During the first part of the term there will be given a work task that must be aproved. The assignment is a demand for delivering the final term paper.

The task may be solved alone or in groups of up to three people. The written task will be given feedback in plenary. The task is mandatory.

Students must employ PCs with Internet access. There are no particular requirements as regards IT competence but students must be familiar with using the Internet, database searches and using computer-based tools to analyse, structure and present information. Active use of BI’s Internet-based learning platform It’s Learning.

Software tools
No specified computer-based tools are required.
Additional information

From the academic year 2020/2021 , the examination form has changed.

Re-sit examiniation in BST 97421 counting 100%, will be offered in autumn 2020 and last time spring 2021.


Two years of college education in business administration or equivalent.


Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.

Required prerequisite knowledge

Basic course of statistics from the 1st year of the bachelor’s programme – MET 3431 Statistics or MET 2920 Statistics.

Mandatory courseworkCourseworks givenCourseworks requiredComment coursework
Mandatory coursework:
Mandatory coursework:Mandatory
Courseworks given:1
Courseworks required:1
Comment coursework:
Exam category: 
Form of assessment: 
Written submission
Group/Individual (1 - 3)
1 Semester(s)
The topic of the term paper is preparation of a plan for developing SMEs with focus on critical sucessfactors and risk.
Exam code: 
Grading scale: 
Examination when next scheduled course
Exam category: 
Form of assessment: 
Structured test
Support materials: 
  • No support materials
3 Hour(s)
Written exam by testing on theoretical knowledge up against the course theory
Exam code: 
Grading scale: 
Examination when next scheduled course
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
Course codeCredit reduction
BIK 2940100
Credit reductions:
Course code:BIK 2940
Credit reduction:100
Reduction description

Kurset BIK 2940 sperrer 100% mot kurset BST 9742 Bedriftsutvikling for SMB.

Student workload
74 Hour(s)
Prepare for teaching
30 Hour(s)
Group work / Assignments
60 Hour(s)
Group work / Assignments
120 Hour(s)
Student's own work with learning resources
56 Hour(s)
3 Hour(s)
Sum workload: 

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 15 ECTS credit corresponds to a workload of at least 400 hours.