The Administration
Governance and Administration
Hanken School of Economics has been a state-funded university since April 1, 1975. The Decree concerning the Swedish School of Economics and Business Administration in Helsinki (96) defines the School's governance and administration. In accordance with this decree, the School's overall governance is the responsibility of the Board, the rector and vice-rectors, the Teaching and Research Council, and the School administration. Departments are administered by Department Councils and heads of departments and (research and other) 'institutes' are administered by a Board and a director.
The Election Board
The Election Board elects the School's rector and first vice-rector, members and deputy members of the board, as well a proportion of the members and deputy members of the teaching and research council. The Election Board consists of 36 members and 36 deputy members, who are elected by the members of the School for a three year term of office.
The Board
The Board consists of the rector, chair, and pro-rectors as well as eight other members who are chosen by the election board for periods of three calendar years.
The responsibilities of the Board include management and development of School activity and approve the School's activities and financial plans as well as other extensive plans and the School's proposed budget. Further, it must approve regulations and corresponding rules for the School, decide on the annual student intake, as well as dealing with other issues which, according to statutes or regulations, are matters for the Board.
The Rector and vice-rectors
The rector and the first vice-rector are elected by the Election Board for a term of 2,5 academic years. The second vice-rector is also elected for 2,5 academic years, by the Board responsible for the Vaasa Unit.
The rector's responsibilities are to manage, develop and oversee activities, to ensure the School's success, be head of the Board, distribute funds which have been granted to the School in accordance with the Board's instructions, deal with issues regarding the general administration of the School unless decreed or determined otherwise, and deal with issues which (according to statutes or regulations) are matters for the rector.
The rector speaks on behalf of the School in courts of law and with authorities as well as representing the School in general. The rector has the right to attend and speak at meetings of all administrative bodies.
The Teaching and Research Council
The Teaching and Research Council consists of the first vice-rector as chair, the second vice-rector as vice-chair, the heads of departments and four other members who are chosen for periods of three calendar years.
The responsibilities of the Teaching and Research Council are to develop degrees at the School as well as to manage and develop instruction and research, take initiatives and present them, present suggestions for degree statutes as well as to approve curricula, appoint readers and opponents for doctoral dissertations and readers for licentiate theses as well as to evaluate these achievements and deal with other issues which are, according to statutes or regulations, matters for the council.
The School Administration
The Director of Administration is head of the School's administration.
The responsibility of the School administration is to deal with the preparation and reporting of issues as well as to implement decisions unless otherwise provided for in a decree or determined in a regulation. The administration office deals with issues which have been defined in statutes and regulations.
The School administration can submit matters to the Board which are normally matters for the office but which are of extensive or fundamental importance to the School.
The Board of the School's Vaasa Unit
The second pro-rector manages and oversees the activity of the Vaasa Unit.
The board consists of the second vice-rector as chair, and seven other members who are chosen for a period of three calendar years. The Board deals with matters which are its responsibility according the decree and regulations.
Department Councils
Each department is led by a Department Council and a head of department, whose terms in office span two calendar years. The Department Council and the head of department are appointed by the Board.
The Department Council consists of the head of department and at least three, but no more than nine, members appointed by the Board.
The responsibilities of the Department Councils are to manage and develop department activity, take decisions on the use of departmental funds, make suggestions for curricula, make suggestions for the department's activities and financial plans, give opinions with regard to the appointment of lecturers, senior assistants, researchers and assistants, propose the appointment of assistants, temporary instructors and the hiring of instructors on an hourly basis as well as other department staff, propose a clarification or change in the area of instruction or postponement of the announcement of vacant posts, propose and give opinions with regard to the contesting of posts in the department and give opinions with regard to leave of absence.