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Hanken School of Economics

Hanken School of Economics

Hanken School of Economics

Introduction

Hanken School of Economics, one of the oldest business schools in the Nordic countries, was established more than one hundred years ago. Today, Hanken is the only stand-alone business school in Finland. Our strategy includes profiling the School as a genuinely international and research-oriented business school with close ties to the corporate world. We offer academic programs on all levels (BSc, MSc, and Ph.D.) at two locations, in Helsinki and Vaasa. Hanken School of Economics holds the three most prestigious international accreditations for business schools: EQUIS, AACSB, and AMBA. Only one percent of all business schools worldwide have achieved this.

As a business school, Hanken has a solid foundation with international recognition reflected in our international accreditation, a sound financial basis, and valuable national and international networks that support our international top research and competitive education programs. We value our academic and corporate partners and we make sure that researchers and students at Hanken get a first-class education while building meaningful professional and personal networks.

Hanken – an international business school with strong connections to business and society

Welcome! Here you'll find information about Hanken.

Hanken School of Economics, one of the oldest business schools in the Nordic countries, was established more than one hundred years ago. Today, Hanken is the only stand-alone business school in Finland. Our strategy includes profiling the School as a genuinely international and research-oriented business school with close ties to the corporate world. We offer academic programs on all levels (BSc, MSc, and Ph.D.) at two locations, in Helsinki and Vaasa.

Research at Hanken is carried out within all departments, with a special focus on four selected areas of strength. Many of our researchers are at the absolute forefront of their field. Our cooperation with the corporate world is reflected in joint research projects, in active interaction through our partner programme as well as the generous support we receive in our fundraising.

Hanken is the first university in Finland to introduce a mandatory semester abroad as an integrated part of the curriculum. The students are thus offered a unique opportunity to create their international networks for life through an exchange or internship period abroad. These lifelong networks are created both internationally and at Hanken. They permeate the studies and play an important role in the excellent placement of our alumni in the international job market. Through our alumni network and activities, we also make sure that the network built while at Hanken and the ties to the School are maintained and broadened after graduation.

As a business school, Hanken has a solid foundation with international recognition reflected in our international accreditation, a sound financial basis, and valuable national and international networks that support our international top research and competitive education programs. We value our academic and corporate partners and we make sure that researchers and students at Hanken get a first-class education while building meaningful professional and personal networks.

Campus Features

IT Services at Hanken

You find information on Hanken WLAN, User rights/ID, printing and copying, and information about systems and software used at Hanken on the IT pages.

Hanken provides several IT services for you as a student or as Hanken faculty or staff. Many services are only available for you after login with Hanken user-id and password. As a student registered for the semester, or as an employee, you have the right to a user ID. It opens in a new window

Before your studies start, you will get an e-mail with information about how you can activate your user ID. Once you have the needed information you can proceed to activate your account. Your user ID is available only if you have an active study right in the study register.

Hanken Business Lab

"Our mission is to help start-ups, scale-ups, non-profit organizations, and individuals to achieve significant growth"

Hanken Business Lab is a new form of incubator aiming to help start-ups, scale-ups, non-profit organizations, and individuals achieve significant growth at Hanken. Hanken Business Lab can be found in the so-called Torget (Helsinki) or Stugan (Vaasa). These are co-working spaces, where Hanken students, alumni, faculty, and staff, as well as other collaboration partners can meet up, any time of day.

Quantum

Quantum is a versatile meeting place that offers access to databases of company and financial data allowing for handling of big data. Modern technology allows for streaming of all teaching and events as well as real-time following of financial news.

Accommodation

Exchange students either stay in a flat provided by the Foundation for Student Housing in the Helsinki/Vaasa Region (HOAS/VOAS) or find a place on the private market.

Hanken’s quota of HOAS rooms in Helsinki does not meet the demand in the autumn semester. In the autumn semester, about 60% of the exchange students coming to Helsinki get accommodation through HOAS. Hanken gives students from outside Europe priority to the HOAS apartments so if you are a student coming from Europe for the autumn semester, be prepared to find accommodation on the private market. However, we urge all students to apply for HOAS, without an application you cannot get an offer from them.

  • HOAS in Helsinki
  • Helsinki Private Market
  • VOAS in Vaasa
  • Vaasa private market

Hanken's student apartments in Helsinki

  • If you are registered as present as a degree student at Hanken in Helsinki, you can apply for student accommodation.
  • Student accommodation means apartments that are built with public loans by non-profit organisations. The rent is approximately 20 % lower than rents for private apartments.
  • All student accommodation rental contracts are valid for one academic year at a time. Requirements for getting a new contract for the next academic year are to be registered as present at Hanken in Helsinki and that you have taken care of your commitments by the rental agreement.
  • You can cancel the rental contract only in special cases. The students who go abroad to complete exchange studies through the Hanken exchange can sub-rent the apartment for the exchange period.
  • The student who applies for an apartment is placed in the apartment queue based on the current distance from their municipality of residence to the study location. You will receive more info on the queue system once you apply.

Hanken's Isabella in Helsinki

Hanken's Isabella (built in 2021) in Jätkäsaari has 78 studios and two one-bedroom apartments. The student who applies for an apartment is placed in the apartment queue based on the current distance from their municipality of residence to the study location. You will receive more info on the queue system once you apply.

Majsporten i Helsinki

Hanken has 40 % of the apartments in Majsporten in Arabianranta, Majstranden. The Majsporten building (with a sports facility on the roof) was built in 2019. The Majsporten student housing project is a cooperation with Arcada University of Applied Sciences. Applications are handled by Arcada Nova.

    Admissions

    Applying to Hanken Bachelor's Programme

    The application period for the program is from 3 January 2024, 8 a.m. until 17 January 2024, 3 p.m. with admission results published May 2024 at the latest. The studies start in the autumn of 2024.

    The admission is based on aptitude tests (SAT or ACT) or certificates. A quota of 60% is reserved for admission based on SAT/ACT and a quota of 40% is reserved for admission based on certificates. The certificates that can be considered for direct admission without an aptitude test are the Finnish matriculation examination, International Baccalaureate, European Baccalaureate, or Reifeprüfung/Deutsches Internationales Abitur certificate completed in Finland.

    Applying to Hanken Master's Programme

    There are 2 application rounds available:

    Main Admission Round

    • Open to ALL of Hanken's master's programs
    • Open for all applicants holding a Bachelor's or Master's degree
    • Admission results published during Spring 2024.
    • Application period: 3.1 - 17.1.2024 at 15:00 (GMT+2)

    Rolling Admission Round

    • Open ONLY to Humanitarian Logistics, International Strategy & Sustainability, Marketing, and Marketing & Management programs
    • Open to applicants holding a Bachelor's degree obtained outside Finland (not possible to apply based on a Master's degree)
    • Higher admission requirements than in in the main admission round - admission results are published within 4 weeks and acceptance time is 7 days.
    • Application period: 1.11.2023 - 26.4.2024 at 15:00 (GMT+2)

    Applying to Hanken Ph.D. Program

    The application is made electronically. Before applying, please read the instructions carefully and remember to upload all the mandatory enclosures. The next application round is:

    • 1 December 2023 - 3 January 2024 (with studies starting in Autumn 2024)

    All applications are made online in the Studyinfo portal.

    General Information on the Application Rounds

    The application form and the mandatory enclosures must be submitted electronically by uploading them to the application form online.

    Applicants who have not yet graduated by the closure of the application period can apply without a final degree certificate. For these applicants, the deadline for supplementing their application with a final degree certificate and final transcript of records will be the last weekday in July (at 15:00 Finnish time) in case they get admitted as doctoral students.

    Our online information is updated for each application round. Possible corrections or specifications made during the application round will be posted on this page.

    Scholarships and Funding

    Hanken's Scholarship Scheme

    • Scholarships are only granted to students who are liable for tuition fees.
    • Applying for a scholarship will not affect your application to the degree program.
    • The scholarships at Hanken are merit-based. All scholarships are awarded based on the applicant's academic excellence in the previous studies and applicable test score results.
    • The number of scholarships is limited.
    • All scholarships require the receiving students to keep a good pace with their studies.

    Scholarships - Admission phase

    Hanken Premium Waiver

    • Tuition fee waiver of 50 % of the tuition fee for the duration of the first degree at Hanken.
    • Validity: 2 years
    • Selection of recipients: The scholarship is awarded to excellent students based on academic success and/or points in the admission method during the admission stage.
    • The requirement during the studies is to complete at least 60 ECTS by the end of each academic year, that is by 31st July, for the scholarship to continue the next academic year.
    • If the student fails to complete 60 ECTS / academic year he or she will lose the Hanken premium waiver scholarship.

    Hanken Waiver

    • Tuition fee waiver of 25 % of tuition fee for the first academic year of enrolment.
    • Validity: First academic year of enrolment only.
      Selection of recipients: The Scholarship is awarded to very good students based on academic success and/or points in the admission method in the admission stage.

    Hanken Premium GBSN Scholarship (only available for Master's students)

    • Tuition fee waiver of 100 % for the duration of a first degree at Hanken and 8000 EUR/year for living expenses.
      • The recipient commits to contributing to a limited amount of student recruitment activities during their studies at Hanken.
    • Validity: 2 years.
    • Selection of recipients: The scholarship is only awarded to students currently studying at or alumni of GBSN member schools from specific developing countries.
    • The requirement during the studies is to complete at least 60 ECTS and achieve a GPA of 3.0 by the end of each academic year, that is 31st July, for the scholarship to continue the next academic year.
    • Note! The scholarship is only awarded to eligible applicants within the main admission round.
    • Read more about GBSN scholarships at the official GBSN site and check from which institutions, the applicant for the scholarship must hold a degree from/be a student at here.

    Finland Scholarship (only available for Master's students)

    • Tuition fee waiver of 100 % for the first academic year of enrolment and 5000 EUR re-location grant.
      • The re-location grant is transferred to the scholarship recipient if they have completed 10 ECTS during Teaching Period 1 (the scholarship is transferred at the end of November).
    • The Finland Scholarship is financed by the Ministry of Education and Culture in Finland.

    Note! The application for scholarships is an integrated part of the application form for admission to Master's degree studies at Hanken, no separate application is needed. A scholarship application will not affect the applicant's possibility to be admitted.

    Admitted applicants who receive a scholarship are informed about the granted scholarship in their admission letter and receive additional info on the Scholarship regulations in a scholarship letter.

    PhD funding

    Hanken offers funding for doctoral students who study full-time. Hanken also offers help in applying for funding.

    Rankings

    Big boost for Hanken in international ranking

    Hanken School of Economics rose to twelfth place in this year's prestigious international comparison Shanghai Ranking.
    The Shanghai Global Ranking of Academic Subjects compares research performance, such as research output, research influence and quality, international collaboration, and international academic awards.

    This year, a total of 55 categories were included in the comparison of 1,900 universities. Hanken was ranked twelfth in the category of business administration; last year the ranking was 51-75.

    “We can be pleased with the latest international rankings. The results reflect the excellent work carried out by our researchers. High quality in research also translates into further improved education for the students at Hanken”, says Rector Ingmar Björkman.

    U-Multirank

    Hanken continues to succeed in the global U-Multirank university ranking on research and research linkages. Hanken ranks particularly high on citation rate and top-cited publications, as well as on international joint publications.

    U-Multirank compares universities within several variables, such as research, teaching and learning, and international orientation. In addition to the research variables, Hanken performs very well also in variables such as international student mobility, postdoc positions, share of international faculty, and share of private funding.

    U-Multirank is developed and implemented by an independent consortium that consists of European higher education institutions and is supported by the European Commission. The ranking features more than 1,700 universities from some 100 countries.

    Accreditations

    EFMD Equis AccreditedAMBA AccreditedAACSB Accredited

    Program Admission Requirements

    Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam – the most widely used exam for admissions that measures your critical thinking and reasoning skills.

    Download the GMAT mini quiz to get a flavour of the questions you’ll find in the exam.

    Locations

    • Helsinki

      Arkadiankatu 22 , 00100, Helsinki

      • Vaasa

        Kirjastonkatu, 16, 65100, Vaasa

        Questions