Hanken newsletter 2/2018

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NEWSLETTER 2-18 FROM HANKEN SCHOOL OF ECONOMICS

Celebrating social awareness We all remember the devastating earthquake in the Indian Ocean in 2004. This massive disaster revealed the magnitude of the shortcomings in humanitarian logistics concerning countries as well as organisations. At that point there was an increase in demand for scientific research in that specific area. And as global disasters and their magnitude are on the increase, humanitarian aid and the need for humanitarian logistics is continuously growing. The HUMLOG Institute is a joint research institute between Hanken School of Economics and the National Defence University of Finland (NDU) which celebrated its 10th anniversary on 25 April 2018. The Institute is by now the largest research center in humanitarian logistics worldwide. As a

co-founder of HUMLOG I am very proud of the achievements of our research institute; I am also pleased with how this field of research has developed and gained increasingly more attention around the globe. The values of responsibility, sustainability and equality have become more visible in Hanken’s strategy, but are also on the agenda of students and companies. The theme of sustainability in research was emphasised when Hanken established two new centres of research, GODESS (gender, diversity and equality) and CCR (corporate responsibility) in 2016. These efforts manifest the overall aim of integrating these values in all activities at Hanken, and hopefully will lead to further integration and an increasing awareness in companies and the surrounding society.

K A R EN S P EN S R E C TO R

HUMLOG INSTITUTE AT THE FOREFRONT IN DISASTER RELIEF The HUMLOG Institute at Hanken School of Economics hosted a seminar on 25 April 2018 on current humanitarian challenges and the state of humanitarian logistics. The seminar was arranged in celebration of the institute´s 10th anniversary. In his video keynote, Pekka Haavisto, Finnish MP active in international affairs, emphasised the importance of supporting local structures in times of crises; he pointed out that the needs of beneficiaries have changed over time. - Today social media play a major role in a crisis situation. They are vital for people trying to keep track of their families, so mobile phones are essential, Haavisto stressed. Humanitarian veteran Kalle Löövi, Director of International Operations at the Finnish Red Cross, also highlighted some improvements in the humanitarian field: - Cooperation between relief organisations has increased; this includes small local actors as well as commercial stakeholders in the field. Most importantly, the respect for humanitarian workers is still considerable. The HUMLOG Institute conducts empirically grounded research on logistics and supply-chain management in the humanitarian context and has truly become a hub for humanitarian logistics researchers around the world.


INTERNATIONAL STUDENTS RECOMMEND HANKEN IN GLOBAL SURVEY The international students at Hanken have the highest propensity in recommending their university – 94,3% would recommend Hanken according to the International Student Barometer (ISB). Along with 129 universities from 17 countries across the world, Hanken took part in ISB during the autumn of 2017. ISB is a survey directed to international students at higher education institutions globally; the results were published in March 2018. 45% (145 students) of Hanken’s international students answered the questionnaire. The students are satisfied with the overall experience at Hanken and report that they feel involvement with their studies. Teaching, course content, learning support, and the quality of the lectures and lecturers places Hanken clearly above the mean. The teachers’ English language was especially commended. Many support functions and the student union also score high in the survey. Research is another area where Hanken is strong according to the international students enrolled.

WILLIAM VON DER PAHLEN AWARDED ANDERS WALL SCHOLARSHIP

FINANCIAL TIMES RANKED EXECUTIVE EDUCATION

TOP POSITION IN U-MULTIRANK

The annual prestigious Financial Times rankings have once again revealed the top executive education providers among the thousands of providers around the world. Hanken & SSE take part in the yearly Financial Times rankings as Stockholm School of Economics’ (SSE) joint venture with Hanken in Finland. Stockholm School of Economics (SSE) continues to maintain its position in the ranking as the top executive education provider in Northern Europe in all categories. - We’re proud to be able to offer broad Nordic knowledge to our customers on a global level in an ever toughening competition, says Marc Hinnenberg, CEO of Hanken & SSE Executive Education. - There’s great value in supporting the strategic development and deployment of our customers by combining, for instance, Swedish commercial and marketing expertise with design and technology superpowers from Finland.

Hanken School of Economics has been ranked among the world’s top 10 universities in the global U-Multirank university ranking on research and research linkages. The result is the best in the Nordic countries. This year the number of institutions ranked increased by 300 from previous years. Despite the increased competition Hanken continues to perform extremely well. - Our continued success in this ranking is solid proof of Hanken’s research being of internationally high standard. We continue to punch well above our weight, says Hanken’s Rector Karen Spens. Hanken ranks particularly high on citation rate and top cited publications, as well as on international joint publications. There are only three European universities among the top 10 measured according to the top cited publications indicator.

MEDAL AWARDED FOR EFFORTS IN SCIENCE AND ENTREPRENEURSHIP

This year’s Anders Wall scholarship was awarded to Hanken student William von der Pahlen. The scholarship of 125 000 SEK was awarded during a festive ceremony in Stockholm on 9 March. In addition to his studies at Hanken, William is a serial entrepreneur who has contributed to public opinion through the podcast #futucast. He now has a global podcast, “The Impossible Show”, in the making. The new podcast will feature successful people from all over the world and a few big names have already committed to the project. On top of his podcast projects, William is currently mostly engaged in developing his companies within Indagatus Group. - It’s a great honour to be awarded this scholarship. I wanted to become a member of the Wallumninetwork since the day I first heard about it. To me it’s one more proof of being on the right track as an entrepreneur, says William. I’ll use the scholarship to launch the new podcast “The Impossible Show”, where we interview the world’s most successful people.

Rector Karen Spens and Hanken Business Lab Director Markus Wartiovaara were awarded the Commemorative Medal of the Professor Stefan Kassay Foundation for Science and Education on 30 April 2018 for their work in the field of science and entrepreneurship. Tibor Králik, Ambassador Extraordinary and Plenipotentiary of the Slovak Republic to Finland and Estonia, presented the medal. Professor Štefan Kassay Foundation for Science and Education was established in 2002. Its main goal is to promote science using all possible means, especially through publishing scientific works written by acclaimed Slovak authors. The medal is awarded to people active in the field of science and education who are actively interconnecting science and entrepreneurship within living labs or who contribute to the presentation and distribution of publications written by Slovak authors abroad.

HANKEN STUDENTS DID WELL IN PRÜFUNG WIRTSCHAFTSDEUTSCH Nine Hanken students participated this year in the international exam Prüfung Wirtschaftsdeutsch. This is the highest level of diploma available in German for business students. In Finland the exam is organised by the Deutsch-Finnische Handelskammer in cooperation with Goethe-Institut. Every year, Hanken’s language centre offers a German preparation course for the exam. All the students who participated in the preparation course at Hanken passed the exam which contained both a written and an oral part. The diploma ceremony was conducted on 1 June 2018 by PhD Mika Joachim Pöpken and Detleff Lingemann, the German Ambassador to Finland.

INCREASE IN OPEN ACCESS-PUBLICATIONS

ATRIP ANNUAL CONGRESS

The latest publishing statistics show that the share of Open Access (OA) publications at Hanken has grown from 25% in 2016 to 57% in 2017. The increase comes mainly from author self-archiving into Hanken’s institutional repository. In 2017, Hanken reported 202 peer-reviewed articles, of which 117 are OA. The majority of the OA publications will become freely available either after an embargo period set by the publisher, or immediately on publication. A number of publications are OA directly at the journal website. On a national level, Hanken ranks second with a 57% OA share, only outperformed by the University of Jyväskylä (62% OA). Hanken endeavours to ensure that 80% of its annually reported scientific articles are published as OA.

Hanken School of Economics and IPR University Center have successfully hosted the 37th Annual Congress for the International Association for the advancement of teaching and research in intellectual property (ATRIP), on 5 – 8 August 2018. Starting with a stimulating early career track workshop with 240-second presentations on Sunday, more than 160 participants from every continent except Antarctica explored the role of fairness, morality and ordre public in Intellectual Property (IP) law and policy. Discussions ranged from the role of IP law as a set of rules and principles embedded in a broad network of social norms, societal concerns and linkages with other key public policy areas, e.g. innovation, economic growth and the development of individual potential. Participants included delegates from five developing countries, sponsored by World intellectual Property Organization.


INTEGRATION PROGRAMME WINS AWARD The partnership between Hanken & SSE Executive Education and social impact bond fund manager Epiqus Oy wins European Foundation for Management Development (EFMD) award in the category “Talent Development”. The winners are selected based on the review of four key areas: a documented challenge, an effective partnering commitment, the appropriate L&D initiative and a proven business impact. The integration programme Business Lead combines education, mentorship and internship work and is a fast track for unemployed educated immigrants and refugees into business life.

NEW BILATERAL EXCHANGE AGREEMENTS Hanken has signed a new bilateral exchange agreement. Our new partner is: Technical University of Munich TUM School of Management.

PARTNER PROGRAMME

THIS IS HANKEN Hanken School of Economics is a leading internationally accredited Finnish university with operations in Helsinki and Vaasa, Finland. We are one of the oldest business schools in the Nordic countries, with over 100 years experience in education and research in economics and business administration. We combine tradition with a dynamic and innovative approach to research, teaching and learning.

ACADEMIC EXCELLENCE Academic excellence is at the core of everything we do. Cuttingedge research, effective research-based education and the development of global competences help our graduates manage global complexity.

FACTS & FIGURES »» Founded in Helsinki 1909 »» Operations also in Vaasa since 1980 »» Research and teaching in Swedish and English in five departments »» Students enrolled for bachelor’s and master’s degrees – 2428 »» Number of doctoral students – 121 »» Academic staff – 123

AREAS OF STRENGTH IN RESEARCH

The Hanken Partner Programme builds long-lasting, mutually beneficial relationships that strengthen the connection between Hanken and the corporate world.

»» Economics

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PROGRAM PORTFOLIO »» Bachelor of Science »» Master of Science

HANKEN PARTNERS

»» PhD »» Hanken Executive MBA

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