Hanken School of Economics

Institution Overview

Hanken School of Economics is an internationally renowned university specializing in economics and business, located in Helsinki and Vaasa, Finland, and founded in 1909. The university holds the prestigious triple accreditation EQUIS, AACSB, and AMBA, placing it in the top 1% worldwide. It offers bachelor’s and master’s degree programs taught in English. Hanken provides scholarships covering 25–100% of tuition fees for international students. The university prepares competitive professionals for the global business field through research-based education.

Tuiton & Duration

Global Rankings

Financial Times Masters in Management, U-Multirank

EQUIS, AACSB, AMBA – ranked among the top 1% of business schools worldwide.

Scholarships

Hanken Premium Waiver – 50% tuition fee waiver (Bachelor: 3 years, Master: 2 years)
Hanken Waiver – 25% waiver (only for the 1st academic year)
Hanken Honor Waiver – 25% waiver (for following years if 60 ECTS is completed in the previous year)

Admission Requirements

Completion of secondary education (12 years or equivalent)

Bachelor’s Degree Requirements:

IELTS 6.0+ | TOEFL 78+ | PTE 62+

SAT 1100+ | ACT 22+ | Cambridge C1/C2

Master’s / Doctoral Degree Requirements:

IELTS 6.5+ | TOEFL 92+ | PTE 62+

SAT 1100+ | ACT 22+ | Cambridge C1/C2

25–30 ECTS credits related to the intended field of study

CV in English

Minimum GMAT score – 515 (Focus Edition)

Minimum GRE score – 150 in the Quantitative Reasoning section

Admission Timeline

Bachelor’s: Open in January and close in March
Master’s: Run from November until mid-January
Admission decisions are typically received within 5–10 weeks, depending on application volume.

Advantages of Admission:

Direct pathway from Bachelor’s to Master’s studies (Duration: 3+2 years)

Specializations in the most in-demand business fields

Two campuses located in Helsinki and Vaasa

Internship and job placement programs in Finland (Hanken International Talent)