Masters in Business Administration in Finland
Aalto University School of Economics
The HSE International MBA Program is designed for ambitious young professionals, who strive for academic excellence. The program is taught by visiting faculty from the leading business schools around the world. Given also the very international student body, cross-cultural issues are an integral part of the daily classroom experience. The small scale of the program fosters a collegial atmosphere and a high degree of personal interaction.
The Full-time MBA Program is an intensive one-year program taught in two to three week modules. In the Part-time MBA Program it is possible to combine work and study. The first half of both programs is devoted to 12 core courses, which provide a general foundation. In the second half students tailor their individual learning program by choos-ing from a broad range of electives. Students are not required to choose a major, but concentrations are offered in International Finance, Information Technology Manage-ment, and High-Technology Entrepreneurship.
The objective of our MBA Program is to give students a thorough understanding of in-terdisciplinary business and cultural issues and to create a global networking environ-ment for the future. The program also helps participants to develop the competencies, confidence and networks vital for future business leadership roles, and for reaching new levels of personal achievement.
|MBA (Full-time)||Part-time MBA|
|Duration||12 months||24 months|
|Graduation month||December / August||December|
|Number of students||59||33|
|Average years of work experience||6||6|
|Average GMAT score||590||580|
Helsinki School of Economics
International Center / MBA Program
00100 Helsinki, Finland
Tel. +358 (0)9 431 38208
Information updated in April 2012
Aalto University School of Business
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|Dean||Professor Ingmar Björkman|
|international students 14,4%|
|Location||Helsinki , Finland|
|Campus||Urban , Inner City|
|Affiliations||AACSB , AMBA , EQUIS , CEMS|
The Aalto University School of Business (Aalto BIZ, Finnish : Aalto-yliopiston kauppakorkeakoulu; Swedish : Aalto-universitets handelshögskola), is the largest business school in Finland . Founded in 1911, it is the second oldest business school in Finland and one of the oldest business schools in the Nordic countries. The school became part of Aalto University as of 1 January 2010. It has been previously known as Helsinki School of Economics (HSE), Helsinki School of Economics and Business Administration (HSEBA), and during 2010-2012 as Aalto University School of Economics. 
Consisting of about 3,500 students and 500 researchers, the Aalto University School of Business is conducting research with relations with the business community.
- 1 History
- 2 Rankings & Accreditations
- 3 Degrees and Programmes
- 3.1 Bachelor’s Programmes
- 3.2 Master’s Programmes
- 3.3 Summer Programmes
- 4 MBA Programs
- 5 Admissions
- 6 Partner Universities
- 7 CEMS Master’s in International Management
- 8 PIM Partnership in International Management
- 9 Notable alumni
- 10 References
- 11 External links
History[ edit ]
The Aalto University School of Business was established in Helsinki in 1904 by the business community and was given the status of a university in 1911. It operated as a private university until 1974, when the state of Finland was given the financial responsibility of the university. Nevertheless, the school has remained autonomous in its administration and internal affairs. Since the foundation in 1911, 23,000 students have graduated from different programmes.
Rankings & Accreditations[ edit ]
The Aalto University School of Business has been accredited by all three major international organizations that certify business schools ( AACSB , AMBA , EQUIS ), a “triple-crown” accreditation possessed by only 55 other universities in the world. The school is also an active member of the CEMS (Global Alliance in Management Education) and PIM (Partnership in International Management).
Since 2005 the Financial Times has ranked the CEMS program among the top Masters in Management programs in the world.  The Aalto University School of Business is an active member of this joint program. Financial Times ranked Aalto University School of Business 29th in the European Business school rankings in 2013,  78th in Global MBA program,  43rd in Master in Management program. 
Degrees and Programmes[ edit ]
The Aalto University School of Business offers university degrees in economics and business administration at the Bachelor, Master, Licentiate and Doctoral levels, along with MBA programmes targeted to business professionals hosted through Aalto University Executive Education. 
In its degree programmes, the school has a two-step program structure, accordingly with the Bologna Treaty, with a three-year bachelor’s degree followed by a two-year master’s degree. New students start by studying towards the BSc in Economics and Business Administration degree and on completion, are eligible to continue to study for the master’s degree. A doctoral degree normally takes four additional years.
Bachelor’s Programmes[ edit ]
From 2013, the School offers the following Bachelor’s Programmes (3-year programme, 180 ECTS):
- Economics & Business Management (in Otaniemi, Espoo , in Finnish)
- International Business (in Mikkeli, in English). 
In Economics & Business Management students may choose one of the following as their major:
Accounting, Business Communication, Business Law, Business Technology, Economics, Finance, Management, Marketing
Master’s Programmes[ edit ]
The School offers the following Master’s programmes (2-year programme, 120 ECTS):
- Corporate Communication
- Creative Sustainability
- Entrepreneurship and Innovation Management
- Global Management
- Information and Service Management
- International Design Business Management
- Management and International Business
- Yritysjuridiikka (only in Finnish)
Summer Programmes[ edit ]
Since 1995 the School offers a multidisciplinary summer programme (3-month programme, 24 ECTS):
- Information Technology Program (ITP)
The School offers a multidisciplinary summer course (2-week course, 6 ECTS):
- Digital Business Master Class
Main building in Töölö
MBA Programs[ edit ]
MBA and Executive MBA programs are offered by the Aalto University Executive Education AEE  with operations in Helsinki, China, Singapore, South Korea, Taiwan ,Sweden and Iran. There is a tuition fee in the MBA program unlike in the BSc/MSc degree programs. The MBA program is taught through two-week modules by visiting faculty from some of the best business schools in the world, including Emory University , Rutgers Business School , University of South Carolina , Georgetown University , UCLA , Concordia University , Queen’s University , Rotterdam School of Management, Erasmus University , Indiana University , ESADE and INSEAD .  
Admissions[ edit ]
Each year, around 400 students are admitted into the Bachelor’s Programmes and around 200 students to the Master’s Programmes. Bachelor’s admissions are based mainly on an admissions test (in Finnish) and the nationwide matriculation examination. Non-Finnish speakers and international students have the opportunity to gain admission through the SAT (Scholastic Admissions Test) conducted in English. Applicants with an appropriate bachelor’s degree may apply in the Master’s admissions to take only the degree of Master of Science in Economics and Business Administration.
More information on School of Business admissions is available at aalto.fi/studies. 
Partner Universities[ edit ]
The Aalto University School of Business has exchange partnerships with over 150 universities in six different continents. Each year, close to 400 students go abroad on their exchange and the school welcomes over 350 incoming exchange students. The School of Business is collaborating with the leading business schools in Europe within the CEMS Community. Partner schools include, among others, Imperial College in the UK, HEC Montréal in Canada, WHU-Otto Beisheim School of Management in Germany, National Chengchi University College of Commerce in Taiwan, Yonsei University in South Korea, Peking University in China, Sophia University in Japan, Duke University, University of South Carolina in the US and Skema Business School and ESCP Europe in France. In the CEMS network, partner schools include HEC Paris , ESADE in Spain, the London School of Economics in the UK and Universität St. Gallen in Switzerland. Comprehensive list of partner schools. 
CEMS Master’s in International Management[ edit ]
The CEMS includes 30 academic institutions from 5 continents, over 70 corporate partners and 4 social partners from around the globe. 
Aalto University School of Business (previously Helsinki School of Economics) has been the Finnish member of the CEMS network since 1998. The CEMS Corporate Partners of Aalto University School of Business are Kone and Nokia.
The School of Business offers Master’s Programme in Global Management  where students can obtain two highly prestigious qualifications: MSc in Economics and Business administration granted by the Aalto University School of Business and CEMS Master’s in International Management (MIM) granted by CEMS, the Global Alliance in Management Education. Most of the CEMS MIM elements are fully incorporated in the Global Management master’s programme (120 ECTS).
CEMS MIM has a high recognition among the corporate sector. Consistently ranked among the top in the world by the Financial Times, the CEMS MIM unites multinational companies and international-caliber professors from leading universities and business schools.
PIM Partnership in International Management[ edit ]
The School of Business is a member of the PIM Network, which consists of 60 business schools worldwide.
Notable alumni[ edit ]
References[ edit ]
- ^ “Aalto University School of Economics is renamed the Aalto University School of Business as of 1 August 2012” . Aalto University School of Business. 4 July 2012. Retrieved 2 August 2012.
- ^ “Business school rankings from the Financial Times – FT.com” .
- ^ “Business school rankings from the Financial Times – FT.com” .
- ^ a b “Business school rankings from the Financial Times – FT.com” .
- ^ a b http://studies.aalto.fi/en/programs/
- ^ “High-quality Executive Education Services – Aalto EE” . Aalto EE.
- ^ “Archived copy” . Archived from the original on 2010-03-04. Retrieved 2010-03-07.
- ^ “Archived copy” . Archived from the original on 2010-01-11. Retrieved 2010-03-07.
- ^ http://www.aalto.fi/en/studies/
- ^ http://biz.aalto.fi/en/international/partnerships/
- ^ “CEMS MIM : Master’s in International Management” .
- ^ “Global Management” .
External links[ edit ]
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Master’s Degrees in Business Administration in Finland
View All 12 Master’s Degrees
Studying Business Administration
Business administration degrees involve various aspects of managing scarce resources in a business entity and supporting a business by production/planning, decision making, project management as well as allocating human resources and finances while, at the same time, carrying out organisational goals, policies and procedures.
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Studying in Finland
Finland is situated in northern Europe and neighbours Sweden, Norway and Russia. For an international student Finland is both an exotic and a safe target country. Finnish society is credible: a networked and transparent open civic society, where education is always a top first priority.
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12 Business Administration Master’s degrees in Finland
The Master’s Degree Programme in International Business and Entrepreneurship at the University of Jyväskylä provides students with competences that are broadly applicable in different sectors of the economy, different types of jobs, and different environments. Thus, students can embark on a career in international business as general managers, entrepreneurs, consultants, or business analysts.
University of Jyväskylä
After completing the International Business and Entrepreneurship programme at Lappeenranta University of Technology, your career opportunities will include becoming an international entrepreneur, a manager in an international or multinational enterprise, or a management consultant on internationalisation strategies.
Lappeenranta University of Technology
Technology businesses are going from local to global — they need young professionals with an intercultural mindset and an understanding of the latest technologies. We at Tampere University of Technology welcome engineers and engineering graduates from all over the world to study in our MSc Programme in Business and Technology (B&T) in an intercultural, business-oriented learning environment.
Tampere University of Technology
North American Studies programme in Public Choice at University of Tampere is a quantitative social science programme. The methods used include social choice theory, game theory, and basic microeconomic intuition/analysis.
University of Tampere
The Master’s Programme in Management and International Business (MIB) from Aalto University is a flexible programme that gives students the opportunity to create a unique professional profile based on their interests.
The Master’s Programme in Strategic Business Development offered by University of Vaasa provides knowledge on managing the business development processes by offering courses focused on three key areas: new business opportunity recognition, business planning, and strategy implementation.
University of Vaasa
Master’s studies in Business and Management at Hanken School of Economics develop your skills for managing and developing businesses and organisations in a market-oriented and sustainable manner. You will have a general overview of business management and marketing.
Hanken School of Economics
The Master of Business Administration – International Business Management programme from Centria University of Applied Sciences aims to provide training for specialist and management tasks in businesses that operate internationally
The objective of the High-Technology Business Management program offered by Samara National Research University is to train specialists for professional endeavors in the area of high-tech and science-intensive production management.
The studies are intended for active professionals in the fields of culture, business administration or hospitality management, who want to further their career development. The Master degree programme in Leadership and Service Design is offered by the Novia University of Applied Sciences.
University of Northampton (UoN) and HELBUS Helsinki School of Business have a partnership through which HELBUS offers a Master of Business Administration-programme in Finland. Students admitted to the MBA will be considered to be UoN students, even though they study the whole programme in Finland. The MBA is an official postgraduate (Master’s) degree regulated by the UK educational authority, QAA.
The Master’s Programme in Creative Sustainability combines business with architecture, built environment, design, and real estate to help students learn how to create new sustainable solutions. This Creative Sustainability – Economics and Business Administration programme is offered by Aalto University.