Helsinki School of Economics
Encyclopedia
The Aalto University School of Economics (Aalto ECON, ; ), known as Helsinki School of Economics (HSE) until 2009, is the largest and leading business school in Finland
and one of the most renowned in Europe (refer to Rankings and Accreditations for details). Founded in 1911, it is the 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.
Consisting of about 3,500 students and 500 researchers, the Aalto University School of Economics is an innovative and lively community conducting high-quality research with close relations with the business community.
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 programs.
, EQUIS
), a “triple-crown” accreditation possessed by only 40 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), a consortium of 54 leading business schools worldwide.
In 2009, Financial Times ranked the CEMS
program the No. 1 Masters in Management program in the world. The Aalto University School of Economics is an active member of this joint program. Furthermore, the 2009 Eduniversal Global Business School Rankings ranked the Helsinki School of Economics the 9th best business school in the world. Financial Times ranked Aalto University School of Economics 19th in European Business school rankings in 2010.
In its degree programs, the school has a two-step program structure with a three-year Bachelors degree followed by a two-year Masters degree. A doctoral degree normally takes four additional years.
The Aalto University School of Economics has two campuses. The main campus is located in the center of Helsinki. At this campus, the school offers five Bachelor of Science Programs (out of which two are offered entirely in English) and 15 Master of Science Programs, including the European joint degree CEMS MIM and three joint programs organized between Aalto schools. Nine out of the 15 Master of Science Programs are offered entirely in English. 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.
The Mikkeli campus is located 230 km away from Helsinki in Mikkeli and offers an English language Bachelor’s program in International Business (BScBA).
, 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
.
in the UK, Queen's University
in Canada, National Chengchi University College of Commerce
in Taiwan, Yonsei University
in South Korea, Sophia University
in Japan, San Diego State University
, the University of Texas in the US and ESCP Europe in France. In the CEMS network, partner schools include HEC Paris, ESADE
in Spain, the London School of Economics
and Universität St. Gallen.
is a strategic alliance of 25 member schools around the world – each a top school of its country – and 57 prestigious corporate partners.
The CEMS Master's in International Management provides a unique blend of top-level education and professional experience for multilingual, multicultural postgraduate students. The CEMS Corporate Partners of Aalto University School of Economics are Kone, Nokia and Stora Enso.
The students at the Aalto University School of Economics have the opportunity to take the CEMS MIM program in addition to their MSc degree program at Aalto ECON. CEMS MIM is a one year's specialization program in international management. The CEMS MIM curriculum has been jointly designed by CEMS Schools and the Corporate Partners. At graduation, CEMS students at Aalto ECON receive both MSc degree certificate and CEMS MIM certificate. CEMS MIM has a high recognition among the corporate sector. In 2009, CEMS MIM was ranked 1st by the Financial Times among Masters in Management programs.
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
and one of the most renowned in Europe (refer to Rankings and Accreditations for details). Founded in 1911, it is the oldest business school in Finland and one of the oldest business schools in the Nordic countries. The school became part of Aalto University
Aalto University
Aalto University is a Finnish university established on January 1, 2010, by the merger of the Helsinki University of Technology, the Helsinki School of Economics, and the University of Art and Design Helsinki....
as of 1 January 2010.
Consisting of about 3,500 students and 500 researchers, the Aalto University School of Economics is an innovative and lively community conducting high-quality research with close relations with the business community.
History
The Aalto University School of Economics was established in HelsinkiHelsinki
Helsinki is the capital and largest city in Finland. It is in the region of Uusimaa, located in southern Finland, on the shore of the Gulf of Finland, an arm of the Baltic Sea. The population of the city of Helsinki is , making it by far the most populous municipality in Finland. Helsinki is...
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 programs.
Rankings & Accreditations
The Aalto University School of Economics has been accredited by all three major international organizations that certify business schools (AACSB, AMBAAMBA
- Given name :* Amba, the traditional first name given to the first daughter in the Cochin Royal Family, India* Amba , the eldest daughter of King of Kashi in the Hindu epic...
, EQUIS
Equis
Equis may refer to:*European Quality Improvement System an international system of assessment and accreditation of higher education institutions in management and business administration run by the European Foundation for Management Development....
), a “triple-crown” accreditation possessed by only 40 other universities in the world. The school is also an active member of the CEMS
CEMS
CEMS may refer to:*Capillary electrophoresis–mass spectrometry*CEMS - Global Alliance in Management Education*Rochester Area Colleges Center for Excellence in Math and Science*Continuous emissions monitoring system...
(Global Alliance in Management Education) and PIM
PIM
- Computing :* Parallel inference machine, an intended fifth generation computer* Personal information management, the study and practice of information management by individuals* Personal information manager, a portable appliance...
(Partnership in International Management), a consortium of 54 leading business schools worldwide.
In 2009, Financial Times ranked the CEMS
CEMS
CEMS may refer to:*Capillary electrophoresis–mass spectrometry*CEMS - Global Alliance in Management Education*Rochester Area Colleges Center for Excellence in Math and Science*Continuous emissions monitoring system...
program the No. 1 Masters in Management program in the world. The Aalto University School of Economics is an active member of this joint program. Furthermore, the 2009 Eduniversal Global Business School Rankings ranked the Helsinki School of Economics the 9th best business school in the world. Financial Times ranked Aalto University School of Economics 19th in European Business school rankings in 2010.
Degrees and Programs
The Aalto University School of Economics offers a comprehensive range of university degrees in economics and business administration at the Bachelor, Master, Licentiate and Doctoral levels, along with MBA programs targeted to business professionals. Although the main teaching language of the university is Finnish, several of these degrees and programs are offered entirely in English.In its degree programs, the school has a two-step program structure with a three-year Bachelors degree followed by a two-year Masters degree. A doctoral degree normally takes four additional years.
The Aalto University School of Economics has two campuses. The main campus is located in the center of Helsinki. At this campus, the school offers five Bachelor of Science Programs (out of which two are offered entirely in English) and 15 Master of Science Programs, including the European joint degree CEMS MIM and three joint programs organized between Aalto schools. Nine out of the 15 Master of Science Programs are offered entirely in English. 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.
The Mikkeli campus is located 230 km away from Helsinki in Mikkeli and offers an English language Bachelor’s program in International Business (BScBA).
MBA Programs
MBA and Executive MBA programs are offered in Helsinki, China, Singapore, South Korea, Taiwan and Poland and have tuition fees, unlike the 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 UniversityEmory University
Emory University is a private research university in metropolitan Atlanta, located in the Druid Hills section of unincorporated DeKalb County, Georgia, United States. The university was founded as Emory College in 1836 in Oxford, Georgia by a small group of Methodists and was named in honor of...
, Rutgers Business School
Rutgers Business School
Rutgers Business School is the graduate and undergraduate business school tied to the Newark and New Brunswick campuses of Rutgers University. It was founded in 1929.Rutgers Business School offers bachelor, masters, and Ph.D. degrees...
, University of South Carolina
University of South Carolina
The University of South Carolina is a public, co-educational research university located in Columbia, South Carolina, United States, with 7 surrounding satellite campuses. Its historic campus covers over in downtown Columbia not far from the South Carolina State House...
, Georgetown University
Georgetown University
Georgetown University is a private, Jesuit, research university whose main campus is in the Georgetown neighborhood of Washington, D.C. Founded in 1789, it is the oldest Catholic university in the United States...
, UCLA, Concordia University
Concordia University
Concordia University is a comprehensive Canadian public university located in Montreal, Quebec, one of the two universities in the city where English is the primary language of instruction...
, Queen’s University, Rotterdam School of Management, Erasmus University
Rotterdam School of Management
Rotterdam School of Management, Erasmus University is the international business school of the Erasmus University Rotterdam located in Rotterdam, Netherlands...
, Indiana University
Indiana University
Indiana University is a multi-campus public university system in the state of Indiana, United States. Indiana University has a combined student body of more than 100,000 students, including approximately 42,000 students enrolled at the Indiana University Bloomington campus and approximately 37,000...
, ESADE
ESADE
The Escuela Superior de Administración y Dirección de Empresas is a college associated with the Ramon Llull University located in Barcelona, Spain. ESADE is composed of three departments; the ESADE Business School, the ESADE Executive Language Center and the ESADE Law School...
and INSEAD
INSEAD
INSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel...
.
Admissions
Each year, around 400 students, from a pool of about 4500 applicants, are admitted into the BSc/MSc degree Program. 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.Partner Universities
The Aalto University School of Economics has exchange partnerships with over 100 universities in five different continents. Each year, over 200 students go abroad on their exchange and the school welcomes over 200 incoming exchange students. Partner schools include, among others, Manchester Business SchoolManchester Business School
Manchester Business School is the largest department of the University of Manchester in Manchester, England. According to Bloomberg Business Week's ranking of the world's best business schools the MBS MBA is ranked third in the world...
in the UK, Queen's University
Queen's University
Queen's University, , is a public research university located in Kingston, Ontario, Canada. Founded on 16 October 1841, the university pre-dates the founding of Canada by 26 years. Queen's holds more more than of land throughout Ontario as well as Herstmonceux Castle in East Sussex, England...
in Canada, National Chengchi University College of Commerce
NCCU College of Commerce
The College of Commerce at National Chengchi University was established in 1957.The College of Commerce is highly regarded nationally and internationally as the best business school in Taiwan...
in Taiwan, Yonsei University
Yonsei University
Yonsei University is a Christian private research university, located in Seoul, South Korea. Established in 1885, it is one of the oldest universities in South Korea, the top private comprehensive universities in South Korea, and is widely regarded as one of the top three comprehensive...
in South Korea, Sophia University
Sophia University
There are several rankings below related to Sophia University.-General Rankings:The university was ranked 61st in 2010 in the ranking Truly Strong Universities by Toyo Keizai...
in Japan, San Diego State University
San Diego State University
San Diego State University , founded in 1897 as San Diego Normal School, is the largest and oldest higher education facility in the greater San Diego area , and is part of the California State University system...
, the University of Texas in the US and ESCP Europe in France. In the CEMS network, partner schools include HEC Paris, ESADE
ESADE
The Escuela Superior de Administración y Dirección de Empresas is a college associated with the Ramon Llull University located in Barcelona, Spain. ESADE is composed of three departments; the ESADE Business School, the ESADE Executive Language Center and the ESADE Law School...
in Spain, the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...
and Universität St. Gallen.
CEMS Master's in International Management
The CEMSGlobal Alliance in Management Education
CEMS, the Global Alliance in Management Education is a cooperation of the world's leading business schools and universities with multinational companies and NGOs...
is a strategic alliance of 25 member schools around the world – each a top school of its country – and 57 prestigious corporate partners.
The CEMS Master's in International Management provides a unique blend of top-level education and professional experience for multilingual, multicultural postgraduate students. The CEMS Corporate Partners of Aalto University School of Economics are Kone, Nokia and Stora Enso.
The students at the Aalto University School of Economics have the opportunity to take the CEMS MIM program in addition to their MSc degree program at Aalto ECON. CEMS MIM is a one year's specialization program in international management. The CEMS MIM curriculum has been jointly designed by CEMS Schools and the Corporate Partners. At graduation, CEMS students at Aalto ECON receive both MSc degree certificate and CEMS MIM certificate. CEMS MIM has a high recognition among the corporate sector. In 2009, CEMS MIM was ranked 1st by the Financial Times among Masters in Management programs.