Hanken School of Economics

Name

Hanken School of Economics

Legal name

Svenska handelshögskolan (Hanken School of Economics)

Website

https://hanken.fi

Company type

Private

Founded year

1909

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Higher Education - Business and Economics

NAICS

Colleges, Universities, and Professional Schools (611310)

SIC

Services-Educational Services (8200)

akta.pro primary industry

International Business & Global Management Schools (EDAHAHAJ)

akta.pro secondary industry

Technical Universities with Entrepreneurship & Incubation Focus (EDAHAEAH)

Keywords

• Business education
• Economics research
• Executive education
• Higher education
• Management studies

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Tuition and Program Fees: Revenue from student tuition fees for various degree programs including Bachelor, Master, PhD, Executive Education, EMBA, and Open University courses. Non-EU/EEA students pay tuition fees while EU students benefit from public funding.
2. Government Funding: Finnish government funding for universities based on education and research performance metrics.
3. Donations and Fundraising: Donations from alumni and partners through the school's fundraising initiatives including the donation fund, anniversary donations, and legacy gifts. Funds support scholarships and institutional development.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Hanken School of Economics is a Swedish-language business university that delivers undergraduate, graduate, doctoral, and executive education programs in economics and business administration across two campuses in Helsinki and Vaasa, Finland. It also offers open university courses, MOOCs, lifelong learning, and specialized diploma programs. The institution supports an entrepreneurship incubator (Hanken Business Lab) and provides career and alumni services to its students and graduates.

Product overview

Hanken School of Economics is a dual-campus (Helsinki and Vaasa) Swedish-speaking business university with over 115 years of history. Its educational portfolio consists of degree programmes (Bachelor's in Swedish and English, Master's in Swedish and English, and PhD), executive education (EMBA with Stockholm School of Economics), open university and lifelong learning offerings, and globally accessible MOOCs. Supporting services include the Hanken Business Lab incubator, the ENGAGE.EU university alliance, and career services with JobTeaser portal access for students and alumni. All students use the Sisu study system for academic administration. The school is triple-accredited (EQUIS, AACSB, AMBA), placing it among the top 1% of business schools worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Hanken Business Lab: Incubation and pre-incubation services for entrepreneurship
• HUMLOG Institute
• CERS
• CCR
• EPCE
• WCEFIR
• Hanken & SSE Executive Education

Products and services

• Bachelor's Programme in Swedish Three-year bachelor's degree in business administration taught in Swedish, offered at both Helsinki and Vaasa campuses. Admissions via Finnish matriculation, Swedish upper secondary school certificate, or aptitude test.
• Bachelor's Programme in English Three-year bachelor's degree in business administration taught in English at the Helsinki campus, with 80 study places; international applicants admitted via SAT, ACT, or ITB-Business aptitude tests.
• Master's Programme in Swedish 120-credit master's degree taught in Swedish, with GMAT or GRE score requirements depending on prior studies.
• Master's Programme in English 120-credit master's degree in business administration taught in English, with general and research tracks and options for double degrees with partner universities; also available as a 60-ECTS one-year programme.
• Doctoral Programme (PhD) Research-oriented doctoral programme leading to a PhD in economics and business administration, with major subjects including finance, economics, marketing, management, and accounting.
• Hanken Executive MBA (EMBA) Executive MBA programme offered jointly with Stockholm School of Economics (SSE), AMBA-accredited for five years, delivered at Hanken's Helsinki campus for working professionals.
• Open University Studies Open university courses available to non-degree students, including fast-track options for credit transfer into full degree programmes.
• Hanken MOOCs Massive Open Online Courses offered globally, open to anyone, with self-paced registration and completion.
• Lifelong Learning Courses Short courses for alumni and professionals to refresh knowledge or gain insights into new areas to stay current with societal developments.
• Diploma Programmes (Intellectual Property Law, Supply Chain Management, Corporate Responsibility) Specialised diploma programmes available as standalone studies or minors, covering intellectual property law, supply chain management, and corporate responsibility.
• Hanken Business Lab Incubation and pre-incubation services for student entrepreneurs at the Vaasa Campus, including the Hanken New Ventures innovation platform.
• Career Services & Alumni Portal Career services including JobTeaser portal access, mentorship programmes, Hanken Network Day, international talent initiatives, and alumni benefits such as a magazine, journals, and UniSport access.
• Language Studies Network (Hanken, University of Helsinki, Aalto, University of the Arts Helsinki) Cross-university language studies network allowing students from four Finnish universities (Hanken, University of Helsinki, Aalto University, and University of the Arts Helsinki) to enroll in each other's language courses.

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• ENGAGE.EUcoreStrategic or Co-development PartnerEuropean University Alliance partnership focused on creating mobility and joint educational programs among European universities. Supports student exchanges, research collaboration, and institutional partnerships across Europe.
• Global Business School Network (GBSN)minorStrategic or Co-development PartnerGlobal network of business schools working to strengthen management and business education in the developing world. Offers GBSN Scholarships for students from developing countries at Hanken.
• Stockholm School of Economics (SSE)coreStrategic or Co-development PartnerJoint Hanken & SSE Executive Education partnership offering Executive MBA program. Deep collaboration in executive education between the two leading Nordic business schools.
• Wallenberg Center for Financial Research (WCEFIR)coreStrategic or Co-development PartnerResearch center focused on financial research established with Wallenberg Foundation funding, located at Hanken's Department of Finance and Economics.
• Partner Universities WorldwidecoreStrategic or Co-development PartnerExtensive network of international partner universities for student exchange programs, double degree arrangements, and research collaborations spanning multiple continents.
• Fulbright ProgramminorStrategic or Co-development PartnerEducational exchange partnership between Hanken and the Fulbright Foundation facilitating scholar and student exchanges between Finland and the United States.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Aalto University School of Business: The other triple-crown accredited business school in Finland, also offering BSc, MSc, PhD and executive programmes. Most directly comparable domestic competitor for students, faculty, and employer relationships.
• IE Business School: Spanish triple-crown business school with strong international recruitment and executive education focus. Comparable in mid-size European positioning and global student mix.
• Norwegian School of Economics (NHH): Norway's principal business school with EQUIS and AACSB accreditation. Comparable Nordic scale, public funding model, and English-medium Master's portfolio serving a similar applicant pool.
• Stockholm School of Economics (SSE): Sweden's leading private business school and Hanken's joint EMBA partner. Comparable Nordic heritage, similar accreditation profile, and overlapping executive education and international recruitment ambitions.
• Rotterdam School of Management, Erasmus University: Triple-crown Dutch business school with a strong international, English-medium portfolio. Directly comparable in accreditation, target market, and operating model, but at materially larger scale.
• ESCP Business School: Pan-European triple-crown business school operating across multiple campuses. Comparable in degree portfolio, executive education ambitions, and multi-country strategy.
• WU Vienna University of Economics and Business: Austria's largest business university with EQUIS and AACSB accreditation. Comparable in public-research foundation, undergraduate-to-PhD portfolio, and continental European positioning.
• Copenhagen Business School: Large Nordic business school with triple-crown accreditation and a broad English-language portfolio. Comparable operating model and similar positioning between national and international student markets.

Broad incumbents

• INSEAD: Global top-tier business school offering MBA, EMBA, and executive programmes. Relevant as the upper bound of the segment Hanken competes in for international applicants and executive education clients.
• London Business School: Global top-tier business school anchored in Europe. Comparable EMBA and Master's portfolio and provides a benchmark for the premium end of European executive and Master's markets where Hanken also competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Hanken_fi
• YouTubeyoutube.com/user/infohanken
• Facebookfacebook.com/hankenFI
• LinkedInlinkedin.com/school/hanken-svenska-handelshogskolan
• Instagraminstagram.com/hankenofficial

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hanken School of Economics