Hanken School of Economics: Rankings, Courses, Admission, Fees, Scholarships and Placements

Hanken School of Economics - Highlights

The Hanken School of Economics, established in 1909, is one of the oldest business schools in the Nordic countries. Known for its high standards of education and research, Hanken consistently ranks among the top business schools in the world. The university boasts a strong international presence with a significant percentage of international students. Hanken's infrastructure includes state-of-the-art facilities and a vibrant campus environment. The teaching faculty comprises experienced professionals and experts in various fields, ensuring a high-quality education for all students. The university is well-funded and holds several prestigious accreditations, including EQUIS and AACSB.

• Year of Establishment: 1909
• QS Ranking: Consistently ranks among the top business schools globally.
• Other Rankings:
  • Ranked among the top 100 business schools in the Financial Times Global MBA Ranking.
  • Top 50 in Europe for Master's in Management programs.
  • Highly ranked for research output and quality.
  • Recognized for strong international business programs.
  • High employability ranking for graduates.
• Infrastructure: Modern facilities and a vibrant campus environment.
• Teaching Faculty: Experienced professionals and experts in various fields.
• Funding: Well-funded through various sources including research grants and private donations.
• Accreditation: EQUIS and AACSB accredited.

Hanken School of Economics Rankings

National Ranking: Hanken School of Economics is one of the top business schools in Finland, consistently ranked among the best in the country for its programs in economics, finance, and management.
World Ranking: Globally, Hanken is recognized within the top 200-300 business schools, particularly noted for its international focus and strong alumni network, according to rankings by organizations like Eduniversal and QS.

To know more about other universities in the Finland, click here.

Hanken School of Economics - Admissions

Admission to the Hanken School of Economics is competitive, with a focus on academic excellence and potential. The university attracts a diverse student body with a high percentage of international students. The academic year is divided into two semesters, with intakes in the fall and spring. The university's infrastructure supports a conducive learning environment with advanced facilities and resources.

UG Admissions

• Completed secondary education with a strong academic record.
• Proficiency in English demonstrated through TOEFL, IELTS, or equivalent.
• Submission of a personal statement outlining academic and career goals.
• Recommendation letters from teachers or academic advisors.
• Participation in an interview process, if required.

PG Admissions

• Completion of a relevant bachelor's degree from a recognized institution.
• Proficiency in English demonstrated through TOEFL, IELTS, or equivalent.
• Submission of a detailed CV and personal statement.
• Recommendation letters from academic or professional referees.
• Participation in an interview process, if required.

Ph.D. Admissions

• Completion of a relevant master's degree from a recognized institution.
• Proficiency in English demonstrated through TOEFL, IELTS, or equivalent.
• Submission of a research proposal outlining intended study area.
• Recommendation letters from academic or professional referees.
• Participation in an interview process, if required.

Eligibility Criteria

• UG Programs:
  • Bachelor's in Business Administration
  • Bachelor's in Economics
  • Bachelor's in Finance
  • Bachelor's in Marketing
  • Bachelor's in Management
• PG Programs:
  • Master's in International Business
  • Master's in Economics
  • Master's in Finance
  • Master's in Marketing
  • Master's in Management

Hanken School of Economics - Programs

Hanken School of Economics offers a diverse range of programs that cater to various academic and professional interests. The programs are designed to provide students with a solid foundation in business and economics, preparing them for successful careers in various fields.

UG Programs

• Bachelor's in Business Administration: Comprehensive program covering all aspects of business management.
• Bachelor's in Economics: Focuses on economic theories and their practical applications.
• Bachelor's in Finance: Provides in-depth knowledge of financial markets and instruments.
• Bachelor's in Marketing: Covers marketing strategies, consumer behavior, and market research.
• Bachelor's in Management: Focuses on organizational behavior, leadership, and strategic management.

PG Programs

• Master's in International Business: Prepares students for global business challenges.
• Master's in Economics: Advanced study of economic theories and policies.
• Master's in Finance: In-depth analysis of financial markets and risk management.
• Master's in Marketing: Strategic marketing and brand management focus.
• Master's in Management: Advanced study of organizational leadership and strategy.

Hanken School of Economics Intakes

Hanken School of Economics offers two primary intakes: fall and spring. The fall intake, starting in late August, is the main entry point for most of the university’s programs, including undergraduate and master's degrees. The spring intake begins in January and is available for selected programs. Hanken also offers various short courses during the summer, but these are more limited. Early application is recommended to secure your spot and for scholarship opportunities.

Accommodation

On-campus accommodation: Hanken offers comfortable and convenient on-campus housing options for students, providing a conducive living and learning environment.

Off-campus accommodation: The university assists students in finding suitable off-campus housing options in the nearby areas, ensuring a smooth transition.

Housing options: Single rooms, shared apartments, and family units are available.

Hanken School of Economics Acceptance Rate

Hanken School of Economics is known for its competitive admissions, with an acceptance rate typically ranging between 10-20%. The university's strong reputation in business education attracts a large number of applicants, both domestically and internationally. Admission decisions are based on a holistic review of academic records, standardized test scores (such as GMAT or GRE for master's programs), work experience, and motivation letters. International students must also meet English language requirements through tests like TOEFL, IELTS, or the Cambridge English test.

Cost of Living in Helsinki and Vaasa

Hanken School of Economics has campuses in Helsinki and Vaasa, both of which have a relatively high cost of living compared to other European cities. Students should budget between €1,000 and €1,500 per month for living expenses, including accommodation, food, transportation, and personal costs. Helsinki, as the capital city, is slightly more expensive than Vaasa, but both cities offer high-quality student housing options and public services.

Cost of Tuition Fees

Tuition fees at Hanken School of Economics are competitive and offer good value for the high-quality education provided. The fees vary depending on the level of study and the specific program.

Cost of Living

Scholarships

Hanken School of Economics offers various scholarships to support students financially. These scholarships are based on academic merit, financial need, and other criteria.

Placements

Hanken School of Economics has a strong track record of successful placements. Graduates are highly sought after by leading companies worldwide, thanks to the rigorous academic training and practical experience they receive.

The placement rate at Hanken is impressive, with a high percentage of graduates securing employment within six months of graduation.

Hanken School of Economics FAQs

Q: What are the English language requirements for international students at Hanken School of Economics?
A: International students must demonstrate English proficiency through TOEFL, IELTS, or Cambridge English test scores. Specific score requirements may vary by program, and additional English language support is available through Hanken’s language center.

Q: Can international students work while studying at Hanken School of Economics?
A: Yes, international students in Finland can work up to 25 hours per week during the academic year and full-time during holidays. Finland’s student visa allows for part-time work, and Hanken encourages students to gain practical experience through internships and part-time jobs.

Q: What scholarships are available for international students at Hanken School of Economics?
A: Hanken School of Economics offers several scholarships for international students, including the Hanken International Scholarship and the Hanken Premium Scholarship, which can cover tuition fees and provide a stipend for living expenses. Scholarship decisions are based on academic merit, motivation, and financial need.

Q: How do I apply for student housing at Hanken School of Economics?
A: Hanken collaborates with HOAS (Helsinki Student Housing Foundation) in Helsinki and VOAS (Vaasa Student Housing Foundation) in Vaasa to provide affordable student housing. Students are encouraged to apply early as housing is allocated on a first-come, first-served basis. Hanken’s international office also provides support in finding accommodation.

Q: What is the average class size at Hanken School of Economics?
A: The average class size at Hanken School of Economics is relatively small, with most classes having 20-30 students. This small class size fosters an interactive learning environment, allowing for closer interaction between students and professors, and more personalized attention.

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