Master of Science in Accounting
The Master of Science in Accounting program at Hanken School o...
Master of Science in Economics
Helsinki
INTAKE: September
Program Overview
The Master of Science in Economics program at Hanken School of Economics is designed to equip students with advanced knowledge in economic theory and practice, preparing them for leadership roles in both the public and private sectors. The program offers a strong foundation in microeconomics, macroeconomics, and econometrics, along with specialized courses in areas like international trade, labor economics, and financial economics. Hanken’s approach focuses on developing analytical, problem-solving, and decision-making skills that are essential for success in today’s complex global economy. The program’s international orientation ensures that students are well-prepared to navigate economic challenges at a global scale.
Curriculum: The Master of Science in Economics program at Hanken combines a rigorous academic curriculum with practical application. Core courses include microeconomics, macroeconomics, econometrics, and statistical methods. These foundational subjects are complemented by elective courses in specialized fields such as development economics, industrial organization, public policy, and international economics. Students also have the opportunity to engage in research projects and case studies that involve real-world economic issues. The curriculum is structured to allow students to tailor their studies based on their interests and career goals. Students may also choose from a range of interdisciplinary electives, collaborating with other departments such as business and finance, to gain a broader perspective.
Research Focus: Hanken School of Economics has a strong research focus, and the Master of Science in Economics program benefits from its emphasis on cutting-edge research in economics. The faculty engages in globally recognized research, particularly in areas such as economic policy, environmental economics, development economics, and behavioral economics. Students are encouraged to participate in research projects and collaborate with faculty on ongoing research, gaining insight into the latest economic trends and innovations. This research-driven environment ensures that students are not only learning theoretical concepts but are also exposed to real-world economic challenges, preparing them for careers that require both academic knowledge and practical expertise.
Industry Engagement: Industry engagement is a key component of the Master of Science in Economics program at Hanken. The school has strong ties to both the local and global business community, providing students with ample opportunities for internships, industry projects, and networking. Through collaborations with leading economic and financial institutions, multinational corporations, and government agencies, students gain exposure to practical economic applications and real-world challenges. These interactions help students develop the skills needed to thrive in the competitive job market and ensure that their education is aligned with industry demands. Additionally, Hanken’s extensive alumni network offers students valuable mentoring and career guidance.
Global Perspective: The Master of Science in Economics program at Hanken offers a strong global perspective by incorporating international economics, global trade policies, and cross-border financial systems into its curriculum. The program prepares students to address global economic challenges and fosters an understanding of economic systems around the world. Hanken’s diverse student body, faculty with international expertise, and numerous exchange opportunities contribute to a global learning environment. Students can also take part in international research projects, case studies, and internships abroad, which broaden their horizons and allow them to gain a deeper understanding of the global economy. The program's international focus ensures that graduates are well-equipped to succeed in a wide range of global economic roles.
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 Economics program at Hanken School of Economics have access to a broad range of career opportunities in various sectors, both in Finland and internationally. With a comprehensive understanding of economic theory, quantitative methods, and real-world applications, students are well-equipped for leadership positions in economics, business, and public policy.
Economic Consultant: Many graduates work as consultants, advising companies, government agencies, and international organizations on economic strategy, policy decisions, market analysis, and economic forecasting. They apply their skills to assess the impact of economic trends, regulations, and international policies on businesses and governments.
Policy Analyst: Graduates often enter the field of policy analysis, working for think tanks, government institutions, or international organizations. Policy analysts research, develop, and evaluate public policies related to economic development, trade, taxation, and social welfare.
Financial Analyst: Financial analysts assess the financial health of companies, industries, and markets. Many graduates of the program enter the finance sector, working in areas such as investment banking, corporate finance, or financial planning, helping businesses make informed investment and budgeting decisions.
International Trade Specialist: With a global perspective embedded in the curriculum, many graduates pursue careers as international trade specialists. These professionals focus on global market analysis, trade negotiations, and economic relations between countries, often working for multinational corporations, trade organizations, or government agencies.
Economic Researcher: Graduates may pursue careers as researchers in universities, research institutes, or think tanks. As economic researchers, they contribute to the advancement of knowledge in areas such as development economics, environmental economics, or behavioral economics, while also influencing public policy and business practices.
Corporate Strategist: Many graduates enter corporate strategy roles, where they use economic analysis to guide business decisions, identify market opportunities, and evaluate business risks. Corporate strategists often work for large multinational companies or consulting firms.
Public Sector Economist: Graduates can pursue roles in the public sector, working as economists in government ministries, central banks, or international organizations. They analyze economic data, conduct policy evaluations, and provide recommendations to government leaders on economic issues, public spending, and taxation.
Academia and Teaching: Some graduates choose to pursue further studies and eventually take academic or teaching positions. As professors or lecturers, they educate the next generation of economists and contribute to cutting-edge research in the field.
