Location: The School of Business is based in Helsinki, Finland, and is part of the Aalto University campus.
Establishment: It was founded in 1911, making it the oldest business school in Finland.
Merger: In 2010, the Helsinki School of Economics merged with Helsinki University of Technology and the University of Art and Design Helsinki to form Aalto University.
Undergraduate Programs: The school offers bachelor's programs primarily in Finnish, with some courses available in English.
Graduate Programs: The Master's programs are more internationally focused, with many taught in English. These include specializations like Finance, Marketing, Economics, and International Business.
Doctoral Programs: The School of Business also offers PhD programs for advanced research in business disciplines.
MBA Programs: There are also executive education programs, including MBAs and other professional development courses.
Triple Crown Accreditation: The School of Business holds the prestigious Triple Crown accreditation (AACSB, AMBA, and EQUIS), a mark of excellence held by only a small number of business schools worldwide.
Rankings: It consistently ranks among the top business schools in Europe.
Bachelor’s Programs (primarily taught in Finnish):
Bachelor of Science in Economics and Business Administration: This program covers a broad spectrum of business disciplines, including accounting, finance, marketing, management, and international business.
Master’s in Accounting
Master’s in Business Law
Master’s in Creative Sustainability: An interdisciplinary program that combines business, design, and architecture.
Master’s in Economics
Master’s in Entrepreneurship and Innovation Management
Master’s in Finance
Master’s in Global Management (CEMS MIM): A double degree program in collaboration with the Global Alliance in Management Education (CEMS).
Master’s in Information and Service Management
Master’s in International Design Business Management (IDBM): Another interdisciplinary program combining business, design, and technology.
Master’s in Management and International Business
Master’s in Marketing
Master’s in People Management and Organizational Development
Master’s in Strategic Management in a Changing World
Accounting
Business Law
Economics
Finance
Management Science
Marketing
Organization and Management
Course Program Name |
Duration |
Tuition Fees Per Year (USD) |
---|---|---|
Bachelor of Science in Economics and Business Administration |
3 years |
$15,000 |
Course Program Name |
Duration |
Tuition Fees Per Year (USD) |
---|---|---|
Master’s in Accounting |
2 years |
$18,000 |
Master’s in Business Law |
2 years |
$18,000 |
Master’s in Creative Sustainability |
2 years |
$18,000 |
Master’s in Economics |
2 years |
$18,000 |
Master’s in Entrepreneurship and Innovation Management |
2 years |
$18,000 |
Master’s in Finance |
2 years |
$18,000 |
Master’s in Global Management (CEMS MIM) |
2 years |
$18,000 |
Master’s in Information and Service Management |
2 years |
$18,000 |
Master’s in International Design Business Management (IDBM) |
2 years |
$18,000 |
Master’s in Management and International Business |
2 years |
$18,000 |
Master’s in Marketing |
2 years |
$18,000 |
Master’s in People Management and Organizational Development |
2 years |
$18,000 |
Master’s in Strategic Management in a Changing World |
2 years |
$18,000 |
Course Program Name |
Duration |
Tuition Fees Per Year (USD) |
---|---|---|
Doctoral Program in Business, Economics, and Finance |
4 years |
Free |
Bachelor’s Programs: International Business (offered in Mikkeli)
Master’s Programs: Multiple specializations such as Global Management, Finance, Economics, and more
Doctoral Programs: Advanced research opportunities in business disciplines
MBA Programs: Executive MBA and other specialized MBA programs
Bachelor’s Programs: High school diploma, proof of proficiency in English (e.g., TOEFL, IELTS), entrance exam or SAT/ACT scores
Master’s Programs: Relevant bachelor’s degree, proof of proficiency in English, GMAT/GRE scores for some programs, motivation letter, and interview
Doctoral Programs: Relevant master’s degree, research proposal, proof of proficiency in English, recommendation letters
Tuition Fees: For non-EU/EEA students, fees vary by program but typically range from €12,000 to €15,000 per academic year
Scholarships: Aalto University offers scholarships for international students based on academic merit and financial need, which can cover 50% to 100% of the tuition fee
Location: The main campus is located in Otaniemi, Espoo, near Helsinki
Facilities: Modern classrooms, state-of-the-art libraries, study spaces, and access to research centers
Accommodation: On-campus housing is available, with priority given to first-year students
Student Organizations: Numerous clubs and societies, including international student organizations
Support Services: Academic advising, career services, mental health support, and language courses
Events: International student orientation, networking events, cultural festivals, and business competitions
Educational Background: Applicants must have completed their secondary education. Specific requirements may vary based on the country of education.
Language Proficiency: Proficiency in English or Finnish is required. Accepted language tests include TOEFL, IELTS, and PTE Academic, among others.
Many undergraduate programs require passing an entrance examination. The content and structure of the exam depend on the specific program applied for.
Some programs may accept SAT scores instead of an entrance exam.
Register on Studyinfo.fi: Applications are submitted through the Studyinfo.fi portal.
Fill Out the Application Form: Complete the online application form during the application period.
Submit Required Documents: These may include transcripts, certificates, proof of language proficiency, and any other specified documents.
Applications are reviewed based on academic performance, entrance exam results, and other criteria specific to the program.
Some programs may also consider motivation letters, interviews, or portfolios.
Educational Background: A Bachelor’s degree or equivalent in a relevant field is required.
Language Proficiency: English proficiency must be demonstrated through accepted language tests (TOEFL, IELTS, PTE Academic, etc.).
Register on Studyinfo.fi: Graduate applications are also submitted through the Studyinfo.fi portal.
Complete the Online Application: Fill out the required details in the application form.
Submit Required Documents: Typically includes a Bachelor’s degree certificate, transcripts, proof of language proficiency, a CV, letters of recommendation, a motivation letter, and a possible research proposal for some programs.
Academic Evaluation: The admissions committee evaluates applicants based on their academic performance, work experience, and other submitted materials.
Interviews: Some programs may require an interview as part of the selection process.
Additional Requirements: Specific programs may have additional requirements such as a GMAT or GRE score, particularly for business-related programs.
Application Period: Typically, the main application period for undergraduate programs is in January. Exact dates may vary each year, so it’s important to check the university’s admissions page for the most up-to-date information.
Notification of Results: Usually by the end of May.
Studies Begin: In late August or early September.
Educational Background:
Applicants must have completed their secondary education with a certificate that qualifies them for university-level studies in their home country.
Language Proficiency:
English-taught programs: Proficiency in English must be demonstrated. Accepted tests and minimum scores typically include:
TOEFL iBT: 92
IELTS Academic: 6.5
PTE Academic: 62
Finnish-taught programs: Proficiency in Finnish must be demonstrated if the program is in Finnish.
Entrance Examination:
Many programs require an entrance examination. The format and content of the exam depend on the specific program.
Some programs may accept SAT scores as an alternative to the entrance exam.
Other Requirements:
Some programs may require additional documents like a motivation letter or a portfolio.
Application Period: Typically, the application period for Master’s programs is from December to January for studies beginning in the autumn semester (August/September).
Notification of Results: Usually by the end of March or April.
Studies Begin: In late August or early September.
Educational Background:
A Bachelor’s degree or equivalent in a relevant field is required.
The degree must be from a recognized institution of higher education.
Language Proficiency:
English-taught programs: Proficiency in English must be demonstrated. Accepted tests and minimum scores typically include:
TOEFL iBT: 92
IELTS Academic: 6.5
PTE Academic: 62
Finnish-taught programs: Proficiency in Finnish must be demonstrated if the program is in Finnish.
Additional Requirements:
Some programs may require a GMAT or GRE score, especially those related to business and economics.
Work experience, letters of recommendation, and a motivation letter are often required.
A CV and, in some cases, a research proposal may be necessary.
Scholarship Name |
Eligibility |
Coverage |
Duration |
Other Information |
---|---|---|---|---|
Aalto University Scholarship |
Non-EU/EEA students in a degree program |
50% or 100% tuition fee waiver |
Duration of the program, subject to academic progress |
Automatic consideration based on academic performance |
Finland Scholarship |
Non-EU/EEA students in a Master's program |
100% tuition fee waiver + €5,000 relocation grant |
First year; second year subject to academic performance |
Includes living cost support; part of the Finnish government's scholarship program |
Aalto University Incentive Scholarship |
Non-EU/EEA students who have achieved 60 ECTS credits during the academic year |
€1,500 |
Annually, based on academic performance |
Designed to encourage students to progress well in their studies |
Scholarships by External Foundations |
Varies |
Varies |
Varies |
Information available through Aalto University’s scholarship portal and student services |
Facility |
Description |
Location |
Cost (Approximate) |
---|---|---|---|
Campus Location |
Aalto University School of Business is located at the Otaniemi campus. |
Otaniemi, Espoo |
N/A |
Library |
Extensive collection of academic resources, study spaces, and computer facilities. |
Otaniemi, Espoo |
Free access for students |
Study Spaces |
Group study rooms, individual study spaces, and open areas for collaborative work. |
Otaniemi, Espoo |
Free access for students |
Computer Labs |
Equipped with the latest software and hardware for student use. |
Otaniemi, Espoo |
Free access for students |
Dining Facilities |
Multiple cafeterias and restaurants offering a variety of food options. |
Otaniemi, Espoo |
€2.60 - €6 per meal |
Sports Facilities |
Gym, sports halls, and outdoor sports areas available. |
Otaniemi, Espoo |
€20 - €200 per semester |
Student Housing (AYY) |
Managed by Aalto University Student Union (AYY), offering types of student accommodations. |
Espoo and Helsinki |
€250 - €700 per month |
HOAS Housing |
Foundation for Student Housing in the Helsinki Region (HOAS) offers apartments and dormitories for students. |
Espoo, Helsinki, and Vantaa |
€300 - €800 per month |
Private Accommodation |
Renting private apartments or shared flats. |
Espoo and Helsinki |
€500 - €1,200 per month |
Public Transportation |
Extensive public transport network with student discounts available. |
Greater Helsinki Area |
€35 - €60 per month (student fare) |
Aspect |
Details |
---|---|
Academic Programs |
A variety of undergraduate, master's, and doctoral programs with a strong emphasis on business, economics, and management. |
Teaching Methods |
Interactive lectures, group projects, case studies, and real-world problem-solving activities. |
International Exposure |
Opportunities for exchange programs, international internships, and collaborative projects with global universities. |
Research Opportunities |
Students can participate in cutting-edge research projects and work with leading professors in their field. |
Facility |
Details |
---|---|
Library |
Extensive academic resources, study spaces, and access to digital databases. |
Study Spaces |
Modern and flexible spaces for individual and group study. |
Computer Labs |
State-of-the-art facilities with the latest software and hardware. |
Dining Options |
Several cafeterias and restaurants offering a variety of cuisines and dietary options. |
Sports Facilities |
Gyms, sports halls, and outdoor areas for sports and fitness activities. |
Type |
Description |
Cost (Approximate) |
---|---|---|
Student Housing (AYY) |
Managed by Aalto University Student Union, offering dormitories and shared apartments. |
€250 - €700 per month |
HOAS Housing |
Foundation for Student Housing in the Helsinki Region, offering accommodation options. |
€300 - €800 per month |
Private Rentals |
Private apartments and shared flats in Espoo and Helsinki. |
€500 - €1,200 per month |
Organization |
Details |
---|---|
KY (Kylterit) |
Aalto University Business Students association, organizing events, networking opportunities, and representing student interests. |
Guilds and Clubs |
Numerous clubs related to hobbies, sports, culture, and professional interests, including investment clubs, marketing guilds, and more. |
Events and Festivals |
Regular student events, including academic conferences, cultural festivals, sports tournaments, and parties. |
Mentorship Programs |
Peer mentoring and professional mentoring programs to support students academically and professionally. |
Service |
Details |
---|---|
Academic Advising |
Guidance on course selection, academic planning, and career advice. |
Career Services |
Internship and job placement assistance, career counseling, and workshops on CV writing and interview skills. |
Mental Health Services |
Counseling services, mental health support groups, and wellness programs. |
International Student Services |
Support for international students, including orientation programs, visa guidance, and cultural adaptation workshops. |
Aspect |
Details |
---|---|
Transportation |
Excellent public transportation network including buses, trams, metro, and trains, with student discounts available. |
Cost of Living |
Monthly living expenses (including rent, food, and transportation) typically range from €700 to €1,200. |
Cultural Activities |
Access to a rich cultural scene with museums, theaters, music venues, and cultural events in the Helsinki metropolitan area. |
Outdoor Activities |
Numerous parks, nature reserves, and outdoor sports opportunities, including hiking, cycling, and water sports. |
Service |
Description |
---|---|
Career Counseling |
Personalized career advice, CV and cover letter reviews, and interview preparation. |
Job and Internship Portal |
Access to Aalto University’s job and internship portal, where students can find opportunities posted by employers. |
Career Fairs |
Annual career fairs that connect students with potential employers from industries. |
Workshops and Seminars |
Regularly held sessions on job search strategies, networking skills, and career development. |
Company Presentations |
Opportunities for students to meet representatives from top companies and learn about career opportunities. |
Metric |
Details |
---|---|
Employment Rate |
Over 90% of graduates find employment within six months of graduation. |
Average Salary |
Competitive starting salaries, varying by industry and role. |
Top Hiring Sectors |
Consulting, finance, technology, marketing, and management. |
Top Employers |
Companies such as Nokia, KPMG, Deloitte, PwC, Microsoft, and other multinational and local firms. |
Aspect |
Details |
---|---|
Internship Requirement |
Many programs include mandatory internships as part of the curriculum. |
Support for Internships |
Assistance with finding internships through the university’s networks and partnerships. |
International Internships |
Opportunities to gain work experience abroad through exchange programs and international internships. |
Aspect |
Details |
---|---|
Alumni Network |
A strong and active alumni network that provides mentoring, networking opportunities, and career support. |
Alumni Events |
Regular events and reunions that allow current students to connect with alumni. |
Mentorship Programs |
Programs that pair students with alumni mentors for career guidance and support. |
Aspect |
Details |
---|---|
Startup Support |
Resources and support for students interested in entrepreneurship, including access to startup incubators and accelerators. |
Aaltoes |
Aalto Entrepreneurship Society (Aaltoes) organizes events, workshops, and competitions to foster entrepreneurial skills. |
Funding Opportunities |
Access to funding and grants for startup ideas and entrepreneurial ventures. |
Ekonominaukio 1,
02150 Espoo,
Finland
The Otaniemi campus is well-known for its vibrant student life, modern facilities, and proximity to tech and business hubs. It is easily accessible via public transportation, including the Helsinki metro system.