NEWSLETTER 1-17 FROM HANKEN SCHOOL OF ECONOMICS
Continued Strong Research Performance Right before Christmas, the Academy of Finland published its biannual report on the state of scientific research in Finland, “Tieteen tila 2016”. According to the report, the scientific research output of Finnish universities continues to be stable and slightly above the world average, when normalized for researcher population and worldwide activity in each individual scientific discipline. In the past, Hanken has performed extremely well in bibliometric comparisons of research output. The background material to the Tieteen tila report reveal
that we continue to top the charts among Finnish universities in metrics such as publications in top-ten cited journals in the field. As shown in the figure below, the “top ten index” for Hanken’s “top ten index” is over two, while the world average is normalised to one. Lag times in academic publishing are long, and good performance of today means that we have done something right four-five years ago. In order to continue to excel, a lot of hard work is needed. The brand-new research strategy of Hanken highlights the importance of research clusters, research infrastructure, and most importantly research support services. Continued focus in these areas should help us on our mission to be a leading business school in northern Europe advancing new knowledge in business and society.
T I M O KO R K E A M Ä K I D E A N O F R ES E A RC H
97% OF EXCHANGE STUDENTS RECOMMEND HANKEN Exchange students at Hanken are extremely pleased with their experience and their studies. The results from the latest exchange student survey show that 97% would recommend Hanken for an exchange student semester. The large majority of the students were satisfied with the course offer, their own learning, teaching and assessment methods. During the last year some changes to the course offering have been made and it has paid off. In comparison to earlier years, the satisfaction with the course offer has notably increased. Many of the respondents were also interested in continuing with Hanken’s Master’s programmes as they felt that the education holds a high standard. Our latest biannual exchange survey shows that the majority of the respondents came from Europe or Asia and 25% studied at the Vaasa campus
INSPIRATION AWARD TO HELSINKI CONCIERGE Helsinki Concierge, a start-up company for VIP-services, was awarded the 2017 Hanken-Kauppalehti Inspiration Award. This year the winner was selected among the companies working at Hanken Business Lab. Helsinki Concierge offers concierge services to both companies and private consumers. The services offered range from travel arrangements to the organisation of events and running errands. The jury based their decision on the fact that Helsinki Concierge has demonstrated an innovative business design as well as financial growth. The company has boldly entered the uncharted market of luxury services, which is not an obvious choice in turbulent economic times. The award was presented at the Hanken Business Forum event.
HANKEN BUSINESS LAB – OPENING OF STUGAN In January, the facilities for Hanken Business Lab in Vasa, Stugan, opened its doors. Hanken Business Lab is a platform for students, alumni and other partners, with a shared interest in entrepreneurship, to meet Stugan offers a modern and inspirational environment where coaching and counselling are available to those who wish to become entrepreneurs. Together with the Hanken New Ventures start-up programme, Stugan provides a broad network of experts, partners and financiers. Nina Ingves has been appointed mentor at Stugan. She is an entrepreneur herself, owner of the company Edite Ab. She has worked with company counselling and coaching for many years.
HANKEN BUSINESS FORUM 2017 Hanken Business Forum is Hanken’s biggest event for the corporate world and this year the seminar attracted around 280 participants. In honour of Finland’s centennial celebration, Hanken Business Forum 2017 concentrated on the future of Finnish business. Risto Siilasmaa, Chairman of Nokia and F-Secure, Anne Korkiakoski, Board Professional, Pekka Vauramo, CEO of Finnair and Ilkka Kivimäki, Chairman of Slush discussed how our way of doing business will change and how we will work together in the coming years.
10 MEUR NEW TARGET FOR FUNDRAISING CAMPAIGN Hanken’s fundraising campaign HANKEN RETURNS has exceeded expectations, and the target for the campaign has now been raised to 10 MEUR. The last stage of the campaign is also visible in other ways. In December, Hanken launched an Alumni Challenge, where a group of alumni will match all incoming donations from other alumni with 1:1 for a six-month period. This unique initiative highlights the importance of every donation and the value of the broad support for Hanken among its alumni. The fundraising campaign HANKEN RETURNS will continue until 30 June 2017 and has so far raised approximately 7,7 million euro.
HELSINKI CHALLENGE SCIENCE COMPETITION SEMIFINAL Twenty teams out of 110 have been chosen to solve the grand challenges of our time in Helsinki Challenge, the research-based idea competition. This year Helsinki Challenge has three main themes based on the UN’s sustainable development goals. The teams will work with creating solutions to problems related to the loneliness of young urban people, to ageing, and to malaria and cancer treatment. Hanken is represented by Erkko Professor Gyöngyi Kovács and doctoral student Minchul Sohn from the HUMLOG Institute at Hanken. Kovács and Sohn are part of Team Reconfigure Mobility, which qualified with the project “A network that makes traffic sustainable”.
THE 30TH INTERNATIONAL HELSINKI DAYS 2017 International Helsinki Days (IHD) is an international seminar organised by the Student Union of Hanken School of Economics. Every year approximately 35 students from all around the world take part in the IHD seminar. The aim of the seminar is to introduce students to Finnish business culture, economy and lifestyle through company visits and interactive lectures. This year the IHD seminar was arranged for the 30th time and there was a record number of 37 participants from 20 different countries.
NEW LEARNING VENTURE IN SINGAPORE In February, Hanken & SSE Executive Education initiated a new multi-company initiative in Singapore that mixes business, academic knowledge and technology in a completely new way. The executive programme called SMASH (Strategies for Market Shaping) started in Singapore with participants from many different companies. The programme combines executive education, an experimental digital clinic, benchmarking and an agile growth project. This new type of initiative gives participating company executives expertise from global top players. In addition to this, they get hands-on tools to help create growth and profit while aiming at renewing business models through market innovation and disruption.
NEW BILATERAL EXCHANGE AGREEMENTS
HANKEN AT A GLANCE HANKEN IN FIGURES »» Founded in Helsinki 1909 »» Operations also in Vaasa since 1980 »» Research and teaching in Swedish and English in five departments »» Number of students enrolled for bachelor’s and master’s degrees – 2534 »» Number of doctoral students – 122 »» Academic staff – 122
AREAS OF STRENGTH »» Economics »» Finance »» Management and Organisation »» Marketing
MAJORS »» Accounting »» Commercial Law »» Economics »» Entrepreneurship, Management and Organisation »» Finance
Hanken has signed a new bilateral exchange agreement. Our new partner is: University of Exeter Business School.
»» Management and Organisation
HANKEN PARTNER PROGRAMME
»» Supply Chain Management and Social Responsibility
The Hanken Partner Programme builds long-lasting, mutually beneficial relationships that strengthen the connection between Hanken and the corporate world.
HANKEN PREMIUM PARTNERS
»» Marketing
MASTER’S DEGREE PROGRAMMES IN ECONOMICS AND BUSINESS »» Business and Management (Helsinki) »» Corporate Governance (Helsinki) »» Economics (Helsinki) »» Finance and Accounting (Helsinki) »» Intellectual Property Law (Helsinki) »» General Management (Vaasa)
EXECUTIVE EDUCATION »» Hanken Executive MBA
HANKEN PARTNERS
»» Hanken & SSE Executive Education »» Hanken Executive Education Vaasa
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