Aalto University
School of Business
Fact Sheet 2024—2025

Better Business - Better Society
Aalto University School of Business is one of the leading business schools inEurope. With over a century of experience in higher education and research,
we train experts and leaders for the future and influence society throughimpactful research and long-term partnerships.
The School conducts high-quality research on important business and societal challenges
and provides students with a multidisciplinary learning experience in an international
context. The focus is on problem-based teaching and learning, theories are used toanalyse and solve real-life challenges through cases, projects and hackathons. TheSchool of Business is a community of 4000 students and 200 faculty members witha international students representing 16%. The School of Business has established astrong international partner university network around the world, comprising 157 renown
institutions from which 93% are internationally accredited business schools.
Triple Crown status
Aalto University School of Business is the first business school in the Nordic countries
to have received all three labels of excellence from the world’s leading business school
accreditation bodies: AACSB, AMBA and EQUIS. This Triple Crown status is an honour
held by only a few business schools worldwide.
Networks
The Global Alliance in Management Education CEMS, brings together 34 leadingbusiness schools and almost 80 multinational companies and NGOs, who jointly offer
the top-ranked, international and practice-oriented CEMS Master’s in International
Management (MIM) programme. At Aalto, students can do CEMS MIM as the Master in
Global Management or include CEMS in any other major.
Partnership in International Management, PIM is a consortium of 65 top business schools
from around the world that share reputations for academic excellence regionally andglobally. The expertise acquired within PIM permits member schools to enhance theirinternational commitments. The School of Business is a select member of the network.
Aalto University Executive Education Ltd
Executive education and professional development services - MBA and DBA programs,
open enrollment programs, and customized solutions - are offered by Aalto EE. The
Helsinki office coordinates operations in Europe, while Asia-Pacific operations are led
from Singapore. In addition, Aalto EE offers education programs in multiple locations
worldwide.

Contact Information
Dean’s Office:Prof. Timo Korkeamäki, DeanProf. Virpi Tuunainen, Vice Dean, Research andInternational Cooperation

Prof. Tomas Falk, Vice Dean, Teaching and Education
International Affairs:
Ms. Saila Kurtbay, Head of international affairs
saila.kurtbay@aalto.fi

Ms. Jutta Lankinen, incoming students
incoming-biz@aalto.fi

Ms. Sanna Huovinen-Kiuru, outgoing students
Ms. Sanna Krigsholm, outgoing students
Mr. Joni-Petteri Hytönen, outgoing students
outgoing-biz@aalto.fi

CEMS ProgrammeProf. Hannu Seristö, Academic Director
Ms. Liisa Kotilainen & Ms. Arja Sahlbeg
cems@aalto.fi

Double Degree Admission:
Ms. Annika Schultzannika.schultz@aalto.fi

MBA Exchange:
Ms. Yulia Tikkanen
yulia.tikkanen@aaltoee.fi

Doctoral Programme:
doctoral-biz@aalto.fi

Visiting and courier address:
Aalto University School of Business
Learning Services, International Affairs
Ekonominaukio 1, 02150 Espoo, Finland

Postal address:

EFMD

PO Box 21210, 00076 AALTO

Erasmus code: SF ESPOO 12
PIC-code: 991256096, OID: E10181958

Departments and Fields
Department of Accounting•Accounting•Business Law
Department of Economics•Economics
Department of Finance•Finance
Department of Marketing•Marketing

Erasmus Charter Number (2021-2027):

Department of Information and ServiceEconomy•
Information Systems Science•
Logistics•
Management Science
Department of Management Studies•
Organization and Management•
International Business•
Entrepreneurship•
Organizational Communication

257712-EPP-1-2014-1-FI-EPPKA3-ECHE
http://aalto.fi/en
https://www.aalto.fi/en/strategy
Strategy of Aalto University video
Aalto University School of Business
Partner Universities

Academic information
Studying at Aalto

The university emphasizes multidisciplinary teaching andlearning for every discipline in the university.

Programmes in English

Bachelor’s Programmes (B.Sc.)
Bachelor’s Programme in Business with specializations inManagement, Accounting, Information and Service Management,Marketing, Finance and Economics (2nd and 3rd year mostly inEnglish).
The Bachelor’s programmes in Economics and International
Business (Mikkeli campus) are entirely in English.
Master’s Programmes (M.Sc.)
••
•
•
•
•
•••
•

Accounting
Business Analytics
Economics
Finance
Global Management
Information and Service Management
MarketingPeople Management and Organizational Development
Strategic Management in a Changing World
Sustainable Entrepreneurship

Multidisciplinary programmes (M.Sc.):••

Creative Sustainability with School of Arts, Design andArchitecture (ARTS) and School of Engineering.
International Design Business Management, IDBM with ARTS
and School of Science.

Double Degree Programmes••••

University of Cologne
Ramon Llull University (ESADE Business School)
University of Queensland
University of South-Carolina (Darla Moore School of Business)

MinorsAnalytics and Data Science, Creativity and Venturing, Leadershipand Change Management, Business Analytics, Consumer
Research, Digital Marketing and Analytics, Information System
Science, Economics, Finance, ISM, ITP, IDBM, MIB, Marketing,
Real Estate Economics and more.
MBA Programmes
Executive MBA and part-time MBA programs are offered by Aalto
EE. Aalto MBA welcomes international exchange students frompartner schools at any time throughout the year.
Doctoral Programme
The Doctor of Science in Economics and Business Administration
is a 4-year full-time doctoral programme. The School provides
funding for the first two years. The Aalto Executive Doctor ofBusiness Administration (DBA) is designed for experienced
professionals.
“I liked the way professors wanted to involve everyone in theclass through interactions between students and professors
and also between students”
Exchange Student
Carlos III de Madrid
Spain

Summer studies

Information Technology Programme, ITP
Dates: June until end-August with three tracks (24 ECTS each):•Information & Service Business (ISB)•Strategy & Experience Design (SED)•Digital & Intelligent Ecosystems (DIE)compricing three courses and a business project.
Digital Business Master Class
An intensive two weeks blended module offered in March andin July. The DBMC is an interactive and fast-paced graduatelevel course (6 ECTS) focusing on digital technologies.
The module comprises of lectures, class exercises, company
projects and studies in virtual teams and includes extra
curricular activities.
Short-term Options in Mikkeli CampusInternational Business Bachelor’s Program courses (6 ECTSeach) are lectured in 3-week modules around the year. Moreinformation available on our website.

Course offer and grading system

Annually around 170 business and multidisciplinary courses
available in English. Course list and course descriptions areavailable in the StudentGuide at Aalto.fi.
Academic Evaluation and Credits
A full-time study program is 1600 working hours a year, whichequals to 60 ECTS credits. Most courses are 6 ECTS credits.
One ECTS credit at Aalto is approx. 27 working hours including
all work required to complete a course (lectures, projects, cases,exams, independent study). Full time workload per term is 30
ECTS for undergraduate and graduate students
Grading scaleA
Excellent
B
Very GoodCGood		D
Satisfactory
E
Sufficient
F/FX
Fail		5432
1
0Academic Calendar 2024–2025
Autumn Term 2024
Orientation: Last week of August 2024
Lectures & Exams: Sep 2 - Dec 8, 2024
Period 1: Sep 2 - Oct 20, 2024
Assesment Week: Oct 14 - 20, 2024
Period 2: Oct 21 - Dec 8, 2024
Assesment Week: Dec 2 - 8, 2024
Spring Term 2025
Orientation: first week of Jan, 2025
Lectures & Exams: Jan 8 - June 9, 2025
Period 3: Jan 6 - Feb 23, 2025
Assesment Week: Feb 17 - 23, 2025
Period 4: Feb 17 - Apr 13, 2025
Assesment Week: Apr 7 - 13, 2025
Period 5: Apr 14 - June 6, 2025
Assesment Week: June 2 - 6, 2025

Application and Admission
Application and admission information

The School of Business accepts only exchange students
nominated by its partner universities. Once nominated by thehome university the students will receive instructions from Aalto
and a link to an online application form. Information for incoming
exchange students and their application process can be foundunder StudentGuide at Aalto.fi.
Application Deadlines for Exchange Studies
Autumn Term
Spring Term

30 April
15 October

Language Requirements
No official test of English language is required. Nominatedstudents are expected to be proficient in English both in writingand speaking. The home institution verifies students’ proficiency
prior to nominating them to Aalto. The expected level of English
proficiency is equivalent to IELTS 6,5 (total) or TOEFL 92 (total).
Visa Requirements
Depending on nationality and length of stay, the student may
need a visa or a residence permit. If residence permit is required,student should apply for a visa/resident permit immediately after
receiving acceptance letter from Aalto, as the process takes
up to 8 weeks. Travel arrangements should only be made oncethe visa/residence permit has been issued. More information
about Residence Permit for Studies can be found at the Finnish
Immigration Service’s website (www.migri.fi).
Health Insurance
Citizens of non EU/EEA countries studying longer than threemonths in Finland are required to have a valid health insurance
when applying for residence permit. Students from EU/EEA
countries are entitled to medical care while staying temporarily
in another EU/EEA country with European Health Insurance Card(EHIC). Private insurance is however strongly recommended as anadditional security.
Orientation and Tutoring
Orientation days are organized at the beginning of each semester.
All the incoming students are assigned a tutor to help them withpracticalities in Finland in the beginning. Tutoring service isorganized in close co-operation with the Student Association.
“The student culture and the inclusivity we experienced as
exchange students being welcomed into student associations.
The events and trips organised by KY-sub student association.
Great student culture.”
Exchange Student
Erasmus University Rotterdam
The Netherlands

Campuses

Otaniemi Campus
The main campus of Aalto University is located 9 km from downtown
Helsinki in Otaniemi, Espoo. Metro ride from downtown takes only
12 minutes. Aalto University has its own metro stop right next to the
School of Business.
Since 2019 Aalto University’s core disciplines
VirtualEngineering, Business, Arts, Design andcampus
tour:
Architecture are all on the same campus. The
virtualtour.aalto.fimultidisciplinary spaces like Factories, theSustainability Hub, the A-Grid Startup hub
and the United Nations Technology Innovation
Lab (UNTIL) are all located on the campus.
The new building of and the School of Business and the School ofArts, Design and Architecture (ARTS) is located at the heart of thecampus. The adjunct A Bloc provides grocery stores, restaurants
and coffee shops. With surrounding companies, startups andtechonolgy parks the unversity campus is tightly integrated tosupport creation of new information and innovations.
On Campus Services
UniSport offers a variety of exercise and sport facilities and activites
on campus. Career Services maintains Aalto JobTeaser wherestudents can find job adverts from companies and workshops onCV writing and job hunting skills. Campus wide wireless network
is available.
Mikkeli Campus
The Bachelor’s Programme in International Business is offered at
the Mikkeli campus, located 230 km north-east from Helsinki. Thecourses are lectured in 3-week modules around the year. Mikkeli
is located in the largest lake district of Europe surrounded byuntouched nature.

Housing and student life

Housing
The main student housing organizations are HOAS (Foundation forStudent Housing in the Helsinki Region) and AYY (Aalto University
Student Union). Kindly note that the AYY apartments are notfurnished. Student apartments consist of 3-5 bedrooms, a sharedliving room, kitchen and bathroom. Apartments are situated aroundthe Helsinki metropolitan area. Students apply for housing according
to their preferences directly through the above organizations.
Living expenses
Rent in student housing is 400-600 euros/month, in private market
from 600 euros/month. Transportation is 42,40 euros/month for
A-B zone ticket. Food and daily necessities are around 250 euros/month. Student lunch at university cafeterias costs 2,95 euros.
Benefits for Students
Exchange students are entitled to discounts in local transportationand meals in student cafeterias. Student Union AYY and Student
Association for Business Students KY organize many activites
like parties, field trips, sports and cultural events. The KY-SUB
organizes a trip to Lapland every semester, which is a highlight ofthe exchange semester for many incoming students.
Autumn term exchange students can experience the world class start-up
event Slush by volunteering.

About Aalto, Helsinki and Finland
Aalto - Shaping sustainable future

Aalto University’s purpose is to shape a sustainable future. We
do high-quality research, excelling and making breakthroughs inand across science, art, technology and business. We spark thegame changers of tomorrow, and renew society with researchbased knowledge, creativity and an entrepreneurial mindset. All
our work is guided by the values of the university: responsibility,courage, and collaboration.
Aalto’s strategy has three cross-cutting approaches which havebeen integrated into our curriculum:
1. Solutions for sustainability
Connecting our strengths to create solutions for grand challenges,pioneering sustainable solutions. Aalto integrates sustainability
themes into all programmes, and offers multidisciplinary study
opportunities. Aalto’s sustainability impact is based on a strong
multidisciplinary research expertise and interaction with society
at large. Read more.
2. Radical creativity
Empowering experimental culture by building spaces andpractices that encourage to break boundaries and create
novel perspectives. Investing in developing creative mindsets,capabilities and processes that support radical creativity. Readmore.
3. Entrepreneurial mindset
Advancing entrepreneurial capabilities throughout our community,
supporting student-driven activities and initiatives. Read more.
Start-up scene
A-Grid, Startup Sauna and Aalto Entrepreneur Society (AaltoES),
as well as Slush and Summer of Startups are examples of thegenuine student-driven start-up scene at the university.
Factories
Design Factory, Health Factory and Media Factory act as joint
platforms combining the expertise of Aalto University’s schools
in product development, health and wellbeing, and media.
The Design Factory is an open environment for research andeducation on product development. The concept is implemented
around the world.
Aalto University Facts and Figures•
12 000 full-time equivalent students, 14% international•
Degrees annually: 1 500 B.Sc., 1 800 M.Sc., 200 Doctoral
300 MBA and EMBA graduates•
4 100 faculty and staff, 400 professors•
Share of international academic faculty: 47%.
•
Around 100 new startups annually
Aalto University Schools:•
School of Arts, Design and Architecture•
School of Business•
School of Chemical Engineering•
School of Electrical Engineering•
School of Engineering•
School of Science
Aalto University rankings
aalto.fi/en/aalto-university/rankings

Helsinki metropolitan area

Helsinki, the capital of Finland, lies in south of the country, on apeninsula with fine natural harbors and extending into the Gulfof Finland. It is the largest city and together with Espoo, Vantaa
and Kauniainen form the metropolitan are with a population of
1.4 million. The city is ranked as one of the most liveable cities in
the world in Monocle magazine’s Quality of Life Survey. The city
has great cultural heritage and offers great outdoors: numerous
islands, forests and greenery within easy reach of the city.
Useful LinksMyHelsinki: myhelsinki.fi
Visit Espoo: visitespoo.fi
Helsinki Region Transport: hsl.fi
Finnish Railways (VR): vr.fi
Virtual Finland: virtual.finland.fi
Helsingin Sanomat (newspaper): hs.fi/english/
Yle (Finnish National Broadcasting Company): yle.fi/news
This is Finland: finland.fi/facts-stats-and-info
Studying in Finland: studyinfinland.fi

Fall in love with Finland!

Situated in northern Europe bordering Sweden, Norway and Russia.
Finland is a republic, parliamentary democracy and a member ofthe European Union. Finland has a population of 5.5 million. The
national languages are Finnish (89%) and Swedish (5.3%), andmost Finns speak fluent English. The Euro is used as currency.
Finland has one of the most advanced education systems in theworld and has both a high standard of living and quality of life.
Finland is reported by UN to be the happiest country!
“I am impressed by the Finnish approach to lifeand by the quality of living in Finland”
Exchange Student
Warsaw School of Economics
PolandFinland in rankings#1 safest country in the world#1 happiest country in the world#1 most stable country in the world#1 best governance in the world#1 in air quality & drinking water#2 in gender equality		
#3 in quality of life

#1 in political and civil freedom#1 in sustainable development#1 digital performance#1 country for expat families#2 in lifelong learning#2 in press freedom