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Hanken School of Economics Master’s Degree Program Premium Scholarship

The Hanken School of Economics is offering two scholarships to students currently studying at or alumni of GBSN member schools from developing countries who apply to and are accepted into Hanken’s 2-year Master’s Degree program in the 2019-2020 academic year.

GBSN scholars will receive the Hanken Premium Scholarship, which covers full tuition fee for two years and 8000 EUR/year for living expenses.

The application period for the 2019-2020 year is now closed. The same scholarships will be offered in the 2020-2021 academic year starting in Fall 2020. The application period will open in early 2020.

General Information

The Hanken School of Economics is a leading, internationally accredited university with over a hundred years of experience in education and research in economics and business administration. Hanken is located in Helsinki, Finland.

A Master’s degree from Hanken provides you the opportunity to specialize in your field of interest, be it Economics, Finance, Accounting, Management, Marketing, Humanitarian Logistics, or even IP Law. 

When you have completed a master’s degree at Hanken you will have a higher education degree in which you have gained a thorough knowledge of your major subject or program from an academic point of view as well as relevant for your future career.

The Hanken Master’s Program in a nutshell:

  • The MSc in Economics and Business Administration is a two-year leadership and business program 
  • Master’s programs are taught entirely in English
  • Students choose electives to specialize studies and are strongly encouraged to go abroad on an exchange program

Hanken alumni are well-placed on the job market holding leading positions both nationally and globally. Your studies at Hanken prepare you for a future career in a variety of careers including financial advisory or management, consulting, auditing, industry, media, public administration or non-profit organizations. You will also be well-equipped to continue with PhD studies in Finland or abroad.


Business and Management

  • International Strategy and
  • Sustainability
  • Marketing
  • Humanitarian Logistics

Financial Analysis and Business

  • Development
  • Finance
  • Accounting
  • Governance and Commercial Law


Intellectual Property Law


General Management

  • Accounting and Commercial Law
  • Marketing, Management & Entrepreneurship
  • Finance

Master’s Degree Program Structure and Learning Goals

The Master’s Degree at Hanken requires a minimum of 120 credits, 60 of which can include transferred credits. Master’s students are required to take courses in their major area of study as well as a research methods course, research seminar, language studies, elective courses and a Master’s Thesis. To graduate students are also required to take a maturity test which tests your mastery of your thesis subject.

To learn more about the Master’s Degree Program Structure, click here.


By earning a Master’s Degree at Hanken, you will gain a thorough knowledge of the subject material from an academic standpoint but also be equipped to excel at your future career.

Each Hanken program has four learning goals that are based on the following general knowledge and competence areas:

  1. Knowledge in economic sciences and/or the subject area in question.
  2. Academic skills (analytical thinking, methodology, information literacy).
  3. Communication skills (linguistic and communication competence, leadership and other skills).
  4. Skills for working responsibly and in an international environment.

Below you can find the learning goals for the Master’s Program:

Premium Scholarship for GBSN Scholars

Graduate-level students currently studying at or alumni of GBSN member schools in developing countries are invited to apply for the Premium Scholarship at the Hanken School of Economics.

Candidates from GBSN member schools in the following countries are eligible to apply:



South Africa

The Hanken School of Economics will extend up to two premium scholarships to its 2-year Master’s Program to students applying from GBSN Member Schools located in developing countries. The premium scholarship includes:

  • Full tuition fee for two years (equivalent to 12,500 EUR/year)
  • 8,000 EUR per year for living expenses

To be considered as a GBSN Scholar for the Premium Scholarship, candidates must be a student or alum of a GBSN member school by November 1, 2018. 

Admission Requirements 2019

The Hanken Master’s Degree Program offers you great opportunities to specialize in your field of interest. The admissions criteria for 2019 are available now.

Short overviews of the admissions criteria are found below for each specialization. To find out more about the specific application criteria please register in the application portal.

Business and Management
Financial Analysis and Business
General Management
Intellectual Property Law

How to Apply?

The application period is:

1 November 2018 – 16 January 2019 at 15:00 (GMT +2)

The application procedure is the same for both international and domestic applicants. Please read the instructions carefully and take into consideration the specialization/track-specific requirements!

All scholarships are awarded based on the applicant’s academic excellence.

​Applying for the scholarships is integrated with the application for Master’s Degree studies. Please visit the application portal in order to apply the the Master’s degree program.

Register in the application portal and get a head start on your application.

Scholarship Recipients

Candidates who become GBSN Scholars at Hanken will be required to share their experience with the wider Hanken and GBSN communities through social media. Recipients will be asked to produce 2 blog posts (1 per academic year) as well as contribute to Hanken’s Instagram account.

Sharing your experience allows others to see the impact the scholarship is having to your personal and professional growth.


For questions related to the admissions requirements and the admissions process, please contact masters@hanken.fi. For specific questions regarding the academic aspects or content of the majors, see contact information under each major.

About Hanken School of Economics

Hanken is a leading, internationally accredited university with over a hundred years of experience in education and research in economics and business administration. Our research is of an international high standard and is the foundation for all education. Hanken has close ties to the business community and an active alumni network with over 13 800 alumni working in more than 70 countries. The study environment is international and we have campuses in Helsinki and Vaasa, Finland.