APPLY NOW: Hanken School of Economics Master’s Degree Program 2024

APPLY NOW: Hanken School of Economics Master’s Degree Program 2024

APPLY NOW: Hanken School of Economics Master’s Degree Program 2024

In a bid to foster educational diversity and empower students from developing countries, the Hanken School of Economics is proud to announce the offering of two prestigious scholarships under the GBSN Master’s Program for the academic year 2023-2024 in Finland. This initiative aims to provide outstanding individuals from developing nations with the chance to enroll in Hanken’s esteemed two year Master’s Degree program. In the following sections, we delve into the details of the program, eligibility criteria, benefits and the application process.

Founded in 1909, the Hanken School of Economics has stood the test of time, evolving into a distinguished institution known for its unwavering commitment to academic excellence and research in the fields of economics and business administration. Established in Helsinki, Finland, Hanken has been a pivotal player in shaping the intellectual landscape of the region and beyond.


Hanken’s journey began over a hundred years ago and throughout its history, the institution has undergone dynamic transformations to adapt to the changing educational landscape. The school’s commitment to providing top tier education has remained constant, solidifying its reputation as a leading business school in Finland and globally.

Hanken School of Economics, as a public institution is owned by the Swedish School of Economics Foundation. This foundation plays a crucial role in supporting and steering the institution towards its academic and research objectives. The foundation’s commitment to education aligns with Hanken’s mission to foster intellectual growth and produce graduates equipped with the skills to navigate the complexities of the business world.

Hanken’s global accreditation and recognition have positioned it as a hub for international students seeking a world class education. The institution’s adherence to international standards of education and its commitment to English language instruction in Master’s programs have contributed to its status as a globally renowned business school.

Hanken offers a diverse range of Master’s programs, allowing students to delve into specific areas of interest including Economics, Finance, Accounting, Management, Marketing, Humanitarian Logistics and Intellectual Property Law. The institution’s emphasis on research is evident in its vibrant academic community, where scholars engage in cutting edge research, contributing to the advancement of knowledge in their respective fields.

One of Hanken’s distinctive features is its encouragement of students to participate in international exchange programs. This initiative allows students to broaden their horizons, gain exposure to diverse cultures and foster a global perspective in their academic journey. The exchange programs contribute to creating well rounded professionals ready to navigate the complexities of the interconnected global business landscape.

Situated in Helsinki, Radcliffe Yard, the campus of Hanken School of Economics, serves as a sanctuary for academic pursuits. The campus, nestled in the heart of Harvard University, provides a uniquely interdisciplinary and creative community for students to thrive. With access to Harvard’s unparalleled resources, Hanken fellows develop new tools and methods, challenging conventions in both artistic and scholarly domains.

The Hanken School of Economics boasts a rich heritage of over a century, standing as a beacon of academic excellence and international accreditation. Specializing in economics and business administration, Hanken is renowned for its commitment to providing top notch education and conducting cutting edge research. By offering a diverse range of Master’s programs taught entirely in English, Hanken opens doors for students to specialize in fields such as Economics, Finance, Accounting, Management, Marketing, Humanitarian Logistics or Intellectual Property Law.


GBSN Master’s Program Overview

The Master’s in Economics and Business Administration at Hanken is a comprehensive two year program designed to nurture leadership and business acumen. The curriculum is tailored to provide students with a profound understanding of their chosen major, be it Economics, Finance or any other specialization. Notably, the program encourages students to undertake international exchanges, offering a global perspective on their academic journey.

Upon successful completion of the Master’s Degree at Hanken, graduates emerge with a higher education qualification, equipped with in depth knowledge relevant to their major and conducive to their future careers. The program serves as a launchpad for individuals aspiring to make a significant impact in their respective fields.

Aim and Benefits

The GBSN Master’s Program at Hanken presents a unique opportunity for students applying from GBSN Member Schools situated in developing countries. The premium scholarship offered includes:

  1. Full tuition fee coverage for the entire two year duration (equivalent to 15,000 EUR/year).
  2. Living expenses stipend of 8,000 EUR per year.

Eligibility Criteria for GBSN Master’s Scholarships

Candidates aspiring to be GBSN Scholars for the Premium Scholarship must meet the following criteria:

  1. GBSN Membership: Must be a student or alumnus of a GBSN member school by January 3, 2024.
  2. Educational Background: Hold a Bachelor’s or Master’s degree in the relevant field, with at least 30 ECTS in subjects pertinent to the program specialization/track.
  3. Language Proficiency: Meet the language requirement with a TOEFL score of ≥ 92, IELTS score of ≥ 6.5, PTE Academic score of ≥ 62 or CPE score of ≥ C.
  4. Admission Test: GMAT score of at least 550 or GRE scores of Quantitative Reasoning and Verbal Reasoning at least 150, Analytical Writing at least 3.5.
  5. Application Materials: Include a letter of motivation and a comprehensive CV.

Application Process for GBSN Master’s Scholarships

The application process is meticulous and involves the thorough assessment of various criteria:

  1. Academic Success and Skills: The coordinator for the MSc program evaluates academic success and skills, considering the scope, content and success in previous studies relevant to the intended program. The CV is a crucial component of this assessment.
  2. Ranking: Applicants are not ranked based on GPA alone but on the scope, content and success in all relevant studies, both degree and non degree related.
  3. Total Score: The academic assessment is conducted on a scale of 1.00 5.00 and applicants within each program are ranked for admission based on the total score.

Application Deadline

The deadline for submitting applications for the GBSN Master’s Scholarships at Hanken School of Economics is January 17, 2024.

How to Apply

If you meet the eligibility criteria and are eager to embark on an enriching academic journey, visit the Hanken School of Economics website to apply. For more detailed information, refer to the GBSN website.

In conclusion, the GBSN Master’s Scholarships at Hanken School of Economics represent a gateway to academic excellence and international exposure. This initiative not only empowers students from developing countries but also contributes to the global diversity and inclusivity of education. Don’t miss the chance to be part of this transformative experience – apply now!

Grants And Scholarships For Students With Disability

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