Master of Science in Accounting
The Master of Science in Accounting program at Hanken School o...
Master of Science in Accounting
Helsinki
INTAKE: September
Program Overview
The Master of Science in Accounting program at Hanken School of Economics is designed for individuals aiming to pursue a career in accounting, finance, and business management. This program combines advanced knowledge in accounting with a strong foundation in business and finance, equipping students with the skills needed to analyze and interpret financial data, manage financial risks, and contribute to business strategy. The program’s structure provides flexibility, allowing students to specialize in various areas such as financial accounting, management accounting, auditing, and taxation.
Curriculum: The curriculum of the Master of Science in Accounting program is meticulously designed to offer both theoretical insights and practical skills. Students are introduced to the core principles of accounting, with courses in financial accounting, management accounting, and financial statement analysis. The program also covers specialized topics such as international financial reporting, corporate governance, and taxation. In addition to core subjects, students can select electives in advanced areas of accounting, which helps them tailor their education to their career aspirations. Practical learning is incorporated through case studies, projects, and collaborations with industry professionals, ensuring that students gain hands-on experience while learning.
Research Focus: The research focus at Hanken School of Economics is deeply embedded in the Master of Science in Accounting program. Students benefit from the school’s strong research culture, which focuses on contemporary issues in accounting and finance. Research topics include corporate governance, sustainability accounting, financial reporting, and the role of accounting in business decision-making. Hanken’s research output is recognized globally, and students are encouraged to engage with faculty members involved in cutting-edge research, providing them with a unique opportunity to deepen their understanding of complex accounting issues and contribute to the academic community.
Industry Engagement: Hanken School of Economics emphasizes strong industry engagement to ensure that students are prepared for the challenges of the real world. Through internships, collaboration with companies, and industry-oriented projects, students gain valuable exposure to the accounting industry. The school’s connections with major businesses, financial institutions, and consulting firms allow students to network with industry leaders and explore career opportunities. Industry engagement is also integrated into the curriculum, ensuring that students are familiar with the latest trends and practices in accounting, thus enhancing their employability upon graduation.
Global Perspective: With a strong international orientation, Hanken School of Economics integrates a global perspective into the Master of Science in Accounting program. The faculty consists of internationally renowned scholars and practitioners, and students have access to a broad range of resources from global business networks. The program prepares students to work in a global business environment, offering insights into international accounting standards, cross-border taxation issues, and the complexities of managing multinational corporations. Additionally, the school offers exchange programs and opportunities to study abroad, allowing students to experience different accounting systems and cultures first-hand.
Location
Helsinki
Score
Tuition Fee
€ 15000
Postgraduate Entry Requirements
Application Fee: €100
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 60% or above in their bachelor's degree.
English Language Proficiency:
- IELTS/TOEFL/PTE can be waived off if the student has achieved the required scores in GRE/GMAT.
Standardized Test Requirements:
- Graduate Record Examinations (GRE): Minimum score 150 or higher is required.
- Graduate Management Admission Test (GMAT): Minimum score 550 or higher is required.
Hanken School of Economics offers a range of scholarship opportunities for international students to support their studies in Finland. The university is committed to making education accessible to talented students from all over the world by providing financial assistance in the form of scholarships. These scholarships aim to attract and retain high-achieving students, enabling them to focus on their academic journey without the worry of financial constraints.
Hanken Scholarships for Non-EU/EEA Students: Hanken offers competitive scholarships for international students who are not from the European Union (EU) or European Economic Area (EEA). These scholarships are primarily aimed at students applying for the Master's degree programs and are awarded based on academic excellence. The scholarships can cover a portion of the tuition fees or, in some cases, the entire tuition fee. Scholarships are generally awarded for the duration of the student's studies, subject to satisfactory academic progress.
Tuition Fee Waivers: Hanken provides tuition fee waivers for selected international students, allowing them to pursue their education without the burden of full tuition fees. The university’s tuition fee waiver system is based on academic merit, and the eligibility criteria may vary depending on the program. International students who are eligible for tuition fee waivers can apply during the admission process, and successful applicants are notified upon acceptance to the program.
Hanken Alumni Scholarship Program: The Hanken Alumni Scholarship Program is available for exceptional international students who demonstrate a strong academic record and significant potential to contribute to the university community. The scholarship is a part of Hanken’s effort to build long-lasting relationships with alumni and students, supporting them throughout their academic careers and beyond. This scholarship helps alleviate financial pressures, ensuring that students can focus on their studies and extracurricular activities.
External Scholarships and Funding: In addition to the internal scholarships offered by Hanken, there are various external scholarships and funding opportunities available for international students. These scholarships are often provided by government agencies, foundations, and private organizations. Hanken collaborates with numerous external funding bodies to ensure that international students have access to a wide range of financial support options.
Graduates of the Master of Science in Accounting program at Hanken School of Economics have a wide range of career opportunities in various sectors, including public accounting, private industry, consulting, and government. The program’s comprehensive curriculum and industry engagement ensure that students are well-prepared to enter the professional world with the skills needed to excel.
Certified Public Accountant (CPA): Many graduates pursue certification as a CPA, working in public accounting firms or independently. This role involves auditing, tax preparation, and offering financial consulting services to businesses and individuals.
Management Accountant: Graduates often work as management accountants, providing internal financial analysis to help businesses make informed strategic decisions. This role involves budgeting, forecasting, and cost management.
Financial Analyst: Financial analysts work in various industries, including investment banking, corporate finance, and insurance. They analyze financial data, prepare reports, and provide advice on investment decisions.
Tax Consultant: With expertise in taxation, graduates can become tax consultants, advising businesses and individuals on tax planning, compliance, and strategy, including cross-border tax issues.
Auditor: Graduates can pursue careers as auditors in public accounting firms, internal audit departments of corporations, or government agencies, ensuring that financial statements and practices comply with regulations and accounting standards.
Corporate Finance Professional: Some graduates enter the corporate sector, working in finance departments to manage financial strategies, investment decisions, mergers, and acquisitions.
Consultant in Accounting or Finance: The program's emphasis on industry engagement and practical experience prepares graduates to become consultants, helping organizations optimize their financial practices, processes, and systems.
Academia and Research: Some graduates pursue further studies or academic careers, contributing to research in accounting, finance, and related fields, while also teaching at universities and business schools.
