The Hankin School Scholarship offers a comprehensive scholarship scheme for students with tuition fees. Applying for a scholarship does not affect your application for admission to the Master's programme.

All Hanken scholarships are based on academic merit, being awarded to students based on their academic excellence in previous studies and entrance examination results.

However, it should be noted that the number of scholarships is limited, and a student cannot benefit from more than one type of scholarship in one academic year. All scholarships require students to maintain a good standard in their studies.

Advantages of Hanken School Scholarship in Finland

First scholarship:

The Hanken School Scholarship in Finland covers 100% of the tuition fees for the duration of your first degree at Hanken plus €8000 per year for living expenses.

Recipients of this scholarship are required to participate in certain student promotional activities during their studies at Hanken. The scholarship is valid for two years, and is only awarded to current students or graduates of GBSN member schools from certain countries.

Students receiving this scholarship must complete 60 credits and achieve a cumulative GPA of at least 3.0 by the end of each academic year to maintain the scholarship for the following academic year. This scholarship is only awarded to qualified applicants within the main round of admission.

Second scholarship

This scholarship covers 100% of the tuition fees for the first academic year plus a transfer grant of €5000. The transfer grant is paid to recipients upon completion of 10 credits during their first period of education (the grant transfers at the end of November). The Finland Scholarship is funded by the Ministry of Education and Culture of Finland. Applying for this scholarship does not require a separate application, as it is part of the application form for admission to the Master's programme.

Third scholarship:

This scholarship covers 50% of the tuition fees for the duration of your first degree at Hanken. The scholarship is valid for two years, and is awarded to outstanding students based on their academic success or the points they obtained at the admission stage. Students receiving this scholarship must complete at least 60 credits by the end of each academic year, i.e. by July 31, to maintain the scholarship for the following academic year. If a student fails to complete 60 credits in an academic year, he or she will lose the Hanken Excellent Scholarship.

Fourth scholarship:

This scholarship covers 25% of the tuition fees for the first academic year only. It is awarded to good students based on their academic success or the points they obtained at the admission stage.

Fifth scholarship

This scholarship covers 25% of the tuition fees for the second year of registration. Awarded annually for a maximum of one year. Recipients are selected from among students who have completed 60 credits in the previous academic year and have applied for the scholarship on time. Continuing students must submit a separate application for the scholarship in the spring semester (first application round will be in 2025). More information will be posted later.

Conditions and papers required for the Hankin School Scholarship

General conditions for admission to scholarships:

  1. Scholarships at Hanken are based on academic merit, with applicants being evaluated based on their academic performance in previous studies and the results of entrance examinations.
  2. Students receiving scholarships must maintain a good level of study, completing at least 60 ECTS by the end of each academic year.

Documents required to apply for scholarships:

  1. Application form for admission to the master’s program: The scholarship application is combined with the application form for admission to the master’s program at Hanken, and does not require a separate application.
  2. Academic certificates: A copy of previous academic certificates (Bachelor’s degree or equivalent).
  3. Scorecard: A copy of the official transcript from the university or educational institution from which the student graduated.
  4. tests results: Scores of approved admission tests such as GMAT or GRE if required for the chosen program.
  5. Motivation letter: A letter explaining the reasons for the student’s desire to obtain the scholarship and how it will help him achieve his academic and professional goals.
  6. Biography: An updated CV outlining the student’s academic and professional experiences.
  7. Recommendation letters: Two letters of recommendation from professors or academic supervisors who know the student well and are able to evaluate his or her academic abilities.
  8. Proof of language: Proof of English language proficiency such as TOEFL or IELTS test scores if English is not the student’s native language.

Special requirements for some scholarships:

  • Hanken Excellent Scholarship GBSN: Applicant must be currently studying at or a graduate of GBSN member schools from selected countries. He must also commit to participating in promotional activities for students during his studies.
  • Finland ScholarshipReceiving a transfer scholarship requires the completion of 10 ECTS credits during the first period of education.

Majors available at Hanken School

Hanken University offers a variety of specializations for master's students, giving them the opportunity to develop their academic and professional skills in multiple fields. Available specializations include:

1. International Business Administration

A specialization focusing on global business strategies, international marketing, and managing economic relations between countries.

2. Marketing

This specialty is concerned with understanding consumer behavior, designing and implementing effective marketing strategies, and building brands.

3. Finance and accounting

This specialization covers topics such as financial statement analysis, financial planning, management accounting, and financial risk management.

4. Economy

The major in economics provides a comprehensive study of economic theories, market analysis, and international economic policies.

5. Management information systems

This specialization deals with how to use information technology to improve the efficiency of business processes and support decision-making in organizations.

6. Human resources management

Focuses on employee management strategies, human resource development, and job performance analysis.

7. Business law

This specialization covers legal aspects related to business management, including commercial contracts, corporate law, and financial legislation.

8. Entrepreneurship and innovation

This major aims to provide students with the necessary skills to establish and manage emerging projects, and innovate in the field of business.

9. Supply chain management and logistics

This specialty deals with managing the flow of goods and information between the source and the consumer, and improving the efficiency of the supply chain.

10. Quantitative business analysis

This major focuses on using quantitative methods and mathematical models to analyze data and solve business problems.

11. Sustainability and corporate social responsibility

The specialization addresses corporate strategies for achieving sustainable development, social responsibility, and ethics in business.

12. Innovation management

This major aims to develop students' abilities to manage and direct innovation processes within companies and institutions.

Each of these majors provides students with broad opportunities to deepen their knowledge and develop their skills in specific areas, allowing them to qualify for a variety of professional careers in an ever-changing global marketplace.