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Introduction to Data Economy (1 cr)

Code: HY00BT31-3009

General information


Enrollment
27.11.2023 - 19.05.2024
Registration for the implementation has ended.
Timing
01.12.2023 - 30.06.2024
Implementation has ended.
Number of ECTS credits allocated
1 cr
Local portion
0 cr
Virtual proportion
1 cr
Mode of delivery
Distance learning
Campus
Laurea Virtual Campus
Teaching languages
English
Seats
0 - 500
Degree programmes
Complementary competence, master’s studies in English (CYJ2), Generic studies
Teachers
Niklas Leppä
Teacher in charge
Anssi Mattila
Scheduling groups
Koskee vain Avoimen AMK:n asiakkaita, älä ilmoittaudu tähän pienryhmään 1 (Size: 400 . Open UAS : 400.)
Small groups
Koskee vain Avoimen AMK:n asiakkaita, älä ilmoittaudu tähän pienryhmään 1
Study unit
HY00BT31

Learning outcomes

Student is able to
- Explain why organizations need to apply data in decision making
- Explain where the data comes from and how it can be used (buying, selling, collecting data, big data from IoT, digital platforms and APIs, machine learning and AI vs. statistical methods)
- Identify the role of information in a value creation process
- Identify key business models enabled by digital data
- List a few “no-code” ways of experimenting with data products to validate the business model
- Summarize how intellectual privacy regulations shape the data economy

Materials

All necessary materials are provided on the course platform.

Teaching methods

Online course available for independent study at the student's own pace

Employer connections

Course has been produced in corporation with Osaango Oy. Lecturers on the videos are experts in data economy.

Exam schedules

-

International connections

Kurssia tarjotaan yhteistyöoppilaitoksille ja sen sisältö on rakennettu sopimaan sekä EU-maihin että kansainvälisesti soveltuvaksi.

Completion alternatives

-

Student workload

1 ECTS credits = 27 hours of work

Content scheduling

Videos, quizzes and articles in four different modules.
Module 1: Data economy in brief
Module 2: Data sources and business models
Module 3: Role of information in value creation
Module 4: Next steps in data economy

After this course, you will be able to:
Explain why organizations need to apply data in decision making
Explain where the data comes from and how it can be used (buying, selling, collecting data, big data from IoT, digital platforms and APIs, machine learning and AI vs. statistical methods)
Identify the role of information in a value creation process
Identify key business models enabled by digital data.
List a few “no-code” ways of experimenting with data products to validate the business model
Summarize how privacy regulations shape the data economy

Evaluation scale

Approved/Failed

Further information

The course is available only for the master's level degree students and for open UAS students.

Inquiries for the course can be directed to mooc@laurea.fi.

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