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Hanken School of Economics

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Hanken School of Economics
Svenska handelshögskolan
Hanken logo

Established: 1909
Type: Public
Rector: Marianne Stenius
Students: 2,300
Location: Helsinki, Finland
Campus: Urban
Affiliations: EQUIS, AMBA, PRME, EDAMBA, EIASM
Website: www.hanken.fi
Hanken Campus in Helsinki.
Hanken Campus in Vaasa

The Hanken School of Economics (Swedish: Svenska handelshögskolan, "Hanken") is a business school of university standing located in Helsinki and Vaasa, Finland. The school was founded in 1909 under the name Högre Svenska Handelsläroverket and was given its current name in 1927. Hanken has two campuses, one in Helsinki and one in Vaasa.

In 2000 Hanken was awarded the EQUIS-acreditation by EFMD (European Foundation for Management Development). The accreditation was renewed in 2005 and 2008. Hanken was awarded the AMBA accreditation in 2008[1]. Hanken has also signed the United Nations Principles for Responsible Management Education (PRME).

A person studying at Hanken is known in Swedish as hankeit, which is a registered trademark since 2006.[2]

Contents

[edit] Departments

Hanken has six departments: accounting, commercial law, economics, finance and statistics, management and organisation, marketing. The School also has a Centre for Languages and Business Communication.

[edit] Academic Degrees

  • Bachelor of Science (Economics and Business Administration)
  • Master of Science (Economics and Business Administration)
  • PhD

[edit] Majors

Studies in Swedish on the bachelor and master level at Hanken gives the student the choice of 10 different majors[3]:

[edit] Master’s Degree Programmes in English

Hanken currently offers eight master’s degree programmes in English[4]:

[edit] PhD Education

Hanken offers PhD education within all of its 10 majors. The degree corresponds to four years of full-time study. Approximately one year consists of course work while the remaining part is focused on thesis work.

[edit] Executive Education

Hanken MBA is an accredited executive MBA programme. There are different streams within the programme; Finance, International Management and Service and Relationship Marketing. The programme was awarded the AMBA accreditation in 2008.[5] Hanken offers tailor-made courses to companies within the framework of Hanken & IFL Corporate Development. Hanken & IFL Corporate Development was founded in 2005 by Hanken and IFL at Stockholm School of Economics.[6]

[edit] Student Exchange

Hanken has approximately 70 partner universities for student exchange around the globe. Every year some 100 students from Hanken spend one semester or a full academic year abroad. Hanken also receives approximately 100 exchange students yearly.

[edit] Research

Hanken researchers are engaged in basic, applied as well as commissioned research. Hanken excels in four main areas:

  • Finance and Statistics
  • Intellectual Property Law
  • Management and Organisation
  • Service and Relationship Marketing

[edit] Research and Knowledge Centres at Hanken

The research and competence centres at Hanken co-ordinate education, promote research and offer a wide range of services in information and executive education.[7]

  • CEFIR - Centre for Financial Research
  • CERS - Centre for Relationship Marketing and Service Management
  • CIEL - The Centre of International Economic Law
  • CREF - The Centre for Real Estate Investment and Finance
  • HECER - Helsinki Centre of Economic Research
  • HUMLOG Institute - Humanitarian Logistics and Supply Chain Research Institute
  • IPR University Centre
  • Lingua Hanken

[edit] Careers Service

The careers service at Hanken, Ekonomforum, supports and offer guidance to students regarding internships and job search. They also arrange company visits, career fairs and the Hanken mentorship programme. In addition to this Ekonomforum also functions as link to companies interested in recruiting Hanken students.[8]

[edit] Administration and organisation

Hanken is a public university.

[edit] Board

The Board is the highest decision making body at Hanken. The Rector functions as President of the board. All personnel groups and the students have their own representatives on the Board.

[edit] Rector and Vice Rectors

The Rector is elected for 5 years at a time and the Vice Rectors for a period of 2,5 years. Dr. Marianne Stenius is elected Rector for the period 2005-2009. Vice Rectors are Dr. Veronica Liljander and Dr. Sören Kock.

[edit] Teaching and Research Council

The Teaching and Research Council (TRC) is responsible for leading, developing and evaluating the education and research at Hanken. The first Vice Rector is president of the TRC.

[edit] Notable Professors

[edit] Departments and Department Councils

Hanken has six departments. Each department is lead by a Head of Department together with a Department Council. The Departments are:

  • Accounting
  • Corporate Law
  • Economics
  • Finance and Statistics
  • Management and Organisation
  • Marketing

[edit] Hanken Alumni

All Hanken graduates are a part of the Hanken alumni network. Today Hanken has some 10,000 alumni working in over 40 countries worldwide. Hanken's alumni activities consist of alumni seminars and alumni days both in Finland and abroad. Hanken also administers an electronic alumni network, which works as a forum for dialogue between the alumni and the school.

[edit] Famous Alumni

[edit] Accreditations

[edit] EQUIS

EQUIS (European Quality Improvement System) is an international programme for the assessment of European education in economic and business sciences. Hanken was awarded the EQUIS accreditation in 2000. The accreditation was renewed in 2005. The accreditation proves that Hanken meets the highest requirements of quality in teaching, research, internationalisation and co-operation with the business community. Moreover, it indicates that Hanken creates and disseminates knowledge of the highest standard and that Hanken actively collaborates with its surrounding society.

[edit] AMBA

Hanken was awarded the AMBA-accreditation in 2008. The accreditation demonstrates that Hanken MBA holds the highest international standard.

[edit] PRME

Hanken has as the first university in Finland been accepted as a member to and signed the principles of responsible management education - PRME. The initiative is a part of a call for business schools and academic institutions to keep up with a worldwide corporate responsibility (Corporate Social Responsibility). The principles were presented by a group of researchers and academic organisations in connection to the UN conference UN Global Compact Leaders Summit in July 2007.

[edit] Student Union

The Student union at Hanken (SHS) was founded in 1909 under the name Kamratföreningen Niord. Today the Student union has some 2 000 members. Homepage

[edit] External links

Coordinates: 60°10′15″N 24°55′27″E / 60.17083°N 24.92417°E / 60.17083; 24.92417

[edit] References

  1. ^ Press Release: "Hanken granted international AMBA accreditation"
  2. ^ "Hankeit" registered trademark since 2006
  3. ^ Study towards both a Bachelor and Master of Science in Economics
  4. ^ Eight two-year Master's Degree Programmes in English at Hanken
  5. ^ Hanken MBA
  6. ^ Hanken & IFL homepage
  7. ^ Competence Centres at Hanken
  8. ^ Career Services Ekonomforum
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