- Admissions to the Master's Degree Programmes at Hanken 2014
- Required Bachelor's Degree
- Programme Specific Requirements
- Standardised Admission Test (GMAT or GRE)
- Language Requirements
- Required Enclosures
- Interviews for the Master’s Degree Programme in Intellectual Property Law
- The Application Process Step by Step
- Key Facts Regarding the Enclosures
- University Admissions Finland
- Selection of Students
- Admission results
Admissions to the Master's Degree Programmes at Hanken 2014
The application deadline for 2014 was 28 February 2014 at 16.00 (GMT +2). It is no longer possible to apply for studies within these programmes beginning in 2014. Information about the next application round (confirmed programmes and application dates) will be updated on this page during the autumn 2014.
Hanken uses the University Admissions Finland (UAF) application services for admission to the Master's Degree Programmes. The next opportunity to apply for admission to one of our master's degree programmes will be in the beginning of 2014. If you are interested in applying for admission, you can create a user account on the UAF registration page. As soon as the application period begins, you can log on to your account and finish your application. Note that University Admissions Finland only accepts printed applications sent by mail. This means that your application form becomes an application only after you have printed it, signed it and sent it to University Admissions Finland's office together with the required enclosures. No email attachments will be accepted.
The requirements for applying to a Master's Degree Programme at Hanken are:
- A completed Bachelor's degree
- A GMAT or GRE test score (optional for applicants to the Master's Degree Programme in Intellectual Property Law)
- English proficiency
- A sufficient background in economic sciences
The application period begins on 20 January 2014 and the deadline for applications is on 28 February 2014. Please read all of the information on this page carefully before you start to fill out the application form. Incomplete applications will not be processed.
You can apply for admission to only one master's degree programme at Hanken each year!
Required Bachelor's Degree
In order to be eligible for admission the applicant must hold a Finnish bachelor's degree from a university or a polytechnic or an applicable foreign degree from a recognised university. The degree must be the equivalent of 180 ECTS credits or more, i.e. it must be a degree of at least three years of full time studies. Hanken reserves the right to decide whether or not a degree and/or university meet our requirements.
Applicants who will graduate after the application deadline of 28 February 2014 (March, April, May, June, July) can apply for admission before having received their degree certificates. Admission will be conditional for successful applicants who have not received their degree certificate by the application deadline. Conditionally admitted applicants must submit an officially certified copy of their degree certificate and final transcript as soon as they have obtained them, however no later than 31 July 2014 at 16:00 (GMT +2). Conditionally admitted applicants have to send their degree certificate and final transcript directly to Hanken. If Hanken has not received the documents within the set time, the offer of admission will be withdrawn. Please note that this means that if you expect to receive your degree certificate after 31 July 2014 you cannot apply for admission to Hanken in 2014.
Programme Specific Requirements
The applicant must have completed at least 60 ECTS credits in economic sciences, of which at least 30 ECTS must be within subjects relevant for the programme or the intended major subject so that the admitted students are able to start studies at advanced level. The requirements for each programme are listed below:
- Corporate Governance: at least 30 ECTS within subjects relevant for the programme.
- Economics: at least 30 ECTS in economics.
- Financial Economics: at least 30 ECTS in financial economics and 10 ECTS in economics.
- Intellectual Property Law: at least 30 ECTS in subjects relevant for the programme.
- International Strategy and Sustainability: at least 30 ECTS in subjects relevant for the programme. Applicants interested in applying for the the Double Degree with EM LYON need to fullfill additional requirements.
- Marketing: at least 30 ECTS in marketing.
- Quantitative Finance: at least 30 ECTS in finance.
Please note that fulfilling the amount of ECTS credits required for a programme does not automatically lead to admission of the applicant. It will be decided case by case whether or not the applicant possesses the knowledge required for studies at advanced level.
60 ECTS credits is the equivalent of one year of full-time studies. Economic sciences include for example accounting, corporate geography, economics, entrepreneurship, finance, information systems science, commercial law, management, marketing, statistics and supply chain management. Please note that this is not a comprehensive list of subjects that can be regarded as economic sciences. It will be decided case by case whether an applicant fulfils the requirement of previous studies in economic sciences or not.
In special cases, an admitted student may be required to supplement his or her knowledge of the major subject or subjects relevant to the programme before taking a specific course or completing the whole programme. Information about such supplementary requirements is included in the acceptance letter.
Standardised Admission Test (GMAT or GRE)
The Master's Degree programme in Intellectual Property Law is the only programme for which a standardised admission test is optional. ALL other applicants for all other programmes must take either GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination, General Test) before 28 February 2014.
The test score should be no lower than an overall score of 550 in the GMAT and an equivalent score for GRE. GRE scores will be converted to the GMAT scale and compared to the required GMAT minimum score of 550. The school may, however, admit applicants with lower scores in GMAT or GRE, based on the applicant's other application documents. All sections of the test can be taken into account in the student selection process, so applicants should complete all parts of the test.
The official test score report must be sent to Hanken directly from the test organisation. The institutional GRE reporting code for Hanken is 8433. Applicants taking GRE General Test should use this code when registering for the test in order for the results to be sent to Hanken. There is no separate code for GMAT. When asked where the test results should be sent, applicants should choose Hanken School of Economics and then Master's Degree Programmes.
GMAT and GRE are standardised admission tests that are widely used by Business Schools and Graduate Schools in admissions to master and doctoral programmes. The tests measure the applicants' verbal, mathematical and analytical writing skills. Both tests can be taken at various test centres all over the world. For more information about the tests and finding a test centre closest to you please visit: mba.com (GMAT) and gre.org (GRE). In Helsinki, applicants can take GRE at the Premeria Test Centre and GMAT at LAN Group Finland.
Please note that it is the applicant's responsibility to find out the test dates and closing dates for registration for GMAT or GRE. The test procedure may take several months including registration for the test, taking the test and getting the results. Applicants are advised to take the test as early as possible in order to avoid trouble with fully booked test dates. Note that the test must be taken before the application deadline and that the results must be sent directly to Hanken by the testing agency. GMAT and GRE test results are valid for five years and Hanken does not accept score reports for tests taken over five years ago.
Applicants who fulfil one of the criteria below are considered to fulfil the language requirements and are thus not obliged to take a language test:
- Applicants who have obtained a university or polytechnic degree with instruction completely in English. A separate certificate from the higher education institution is required if the information is not stated on the degree certificate or transcript.
- Applicants who have completed their school education in Finland or in another Nordic country (Sweden, Norway, Denmark or Iceland). An officially attested copy of the school leaving certificate or the matriculation examination certificate is required.
Applicants who do not fulfil one of the above criteria must prove sufficient knowledge of English through one of the following tests:
· IELTS (International English Language Testing System, Academic): a minimum score of 6,5 is required. A photocopy of the test result should be included with the application. The results are valid for two years and test results older than this are not accepted. The test result must reach UAF no later than 28 February 2014 at 16:00 (GMT +2).
· TOEFL (Test of English as a Foreign Language): a minimum score of 92 in the internet based test or 580 in the paper based test. The test score report must be sent directly by Educational Testing Services (ETS) to University Admissions Finland (UAF). When filling out the TOEFL registration form, please fill in UAF's institution code 3138 in the score report recipient field. An applicant's copy of the test result is also acceptable, since the results will be verified from the test organiser. The results are valid for two years and test results older than this are not accepted. The test result must reach UAF no later than 28 February 2014 at 16:00 (GMT +2).
· CPE (Certificate of Proficiency in English): a minimum score of grade C. An applicant's copy of the test result is acceptable, since the results will be verified from the test organiser. Include your Candidate's ID (3 letters and 6 numbers) and secret code (4 numbers). If you do not have these codes, you can request them from the testing organisation. Please note that only tests taken after 2005 are accepted. The copy ofthe test result should be included in the application and must reach UAF no later than 28 February 2014 at 16:00 (GMT +2).
· PTE Academic (Pearson Test of English): a minimum score of 62 is required. Test results for PTE Academic are typically available within 5 working days following the test session. Once you receive your test score send it to University Admissions Finland from your PTE account. Choose Finland as the 'Country', 'University Admissions Finland' as the 'Institution' and click 'Search'. Then select the university you want to send your results to and confirm your order. After this, UAF should have access to your test results within 48 hours. Be advised that online language test results will only be accepted from the test organiser.The score report must reach UAF no later than 28 February 2014 at 16:00 (GMT + 2).
No other English proficiency tests are accepted. Please note that it is the applicant's responsibility to find out the language test dates and closing dates for registration. The language test procedure may take several months including registration for the test, taking the test and getting the results. Applicants are advised to take the test as early as possible in order to avoid trouble with fully booked test dates. Language test results must be sent to University Admissions Finland by the application deadline. Test scores sent as attachments to an email message are not acceptable. Please note that your language test score must be valid throughout the entire application period. This means that if your language test expires even 1 day before the final application deadline, your language test score will not meet the requirements. Please check the validity of your test score and make arrangements for a new language test well in advance, if necessary.
A complete application consists of the filled out and signed application form and the following enclosures:
1.Officially certified copy of your bachelor's degree certificate/diploma. If the document is issued in a language other than English, Swedish or Finnish, you must also submit an authorized English translation of the degree certificate. Please note that you should not send your own original degree certificate since neither UAF nor Hanken will return any application documents. Please note the country specific requirements regarding officially certified copies.
Applicants who have not yet completed their degree can apply for admission without initially enclosing a degree certificate. Such applicants should send an officially attested copy of their degree certificate directly to Hanken as soon as they have received it, however no later than 31 July 2014.
2.Official transcript of records. A transcript of records is an official document containing information on the courses taken and credits and grades received. An official transcript of records or an officially certified copy of the transcript of records must be attached to the application.
Please note that the transcript of records should include information of the grading scale used at the institution. If the grading scale is not mentioned on the official transcript, the additional document explaining the grading scale should preferably be issued by the awarding institution and be officially certified by them. In cases where this is not possible, the document can either be compiled by the applicant and officially certified by the awarding institution, or compiled by the applicant with a reference to the source of the information and where it can be verified.The document must explain in full detail the grading system used at the institution.The document must show the grades in relation to each other and clearly depict the highest grade and the lowest grade, as well as which grades are passing grades and which are not.The grading scale must include all the grades and marks that appear on the transcript.
If the transcript is issued in a language other than English, Swedish or Finnish, you must also submit an authorised translation of the transcript. Please note the country specific requirements regarding officially certified copies.
3.Diploma Supplement (if available). A Diploma Supplement is a document attached to a higher education diploma providing a standardised description of the nature, level, context, content and status of the studies that were pursued and successfully completed by the graduate. The Diploma Supplement is quite widely used within the European Union with the purpose of providing transparency and facilitating academic and professional recognition of qualifications. Please attach an officially certified copy of your diploma supplement if you received one when you graduated.
4.Official GMAT or GRE score report. The official GMAT or GRE score report must be sent directly to Hanken by the test organisation. The test must be taken by 28 February 2014. Since it can take over a month for test scores to arrive, it is very important to take the test as early as possible. We accept test scores continuously throughout the year.
5.Certificate of English language proficiency. An online language test score report sent directly from the testing organisation to UAF is required if you have taken the PTE Academic test. If you have taken the TOEFL test a paper copy of the score slips from either the test organiser or from the applicant is accepted. For the IELTS or CPE test, a plain photo copy of the score report included with the application is sufficient. Language test score reports must reach UAF by 28 February 2014 in order to be taken into account and it might take over a month for the results to arrive, so please make sure that you make testing arrangements in time. Applicants who are not required to take a language test should include officially certified copies of documents that prove that you are exempt from the test requirement (see language requirements for details).
6.Official transcript or records from Hanken. If you are, or have been at some point, a student at Hanken, you should submit a transcript of records of the courses completed at Hanken.
7.Photo copy of the applicant's passport. Only the page with identification information is required. Please do not include copies of your whole passport (visas, entry stamps etc).
The letter of motivation is part of the application form. There is no need to submit a separate motivation letter. Work experience and recommendation letters are not taken into account when selecting students for the Master's Degree Programmes. Such documents will be removed from your application and destroyed, so please do not submit them with your application.
Interviews for the Master's Degree Programme in Intellectual Property Law
Shortlisted candidates may be contacted for interviews to acquire additional information. The interviews will be carried out by phone or Skype and the applicants will be contacted through e-mail in advance to schedule the exact time of the interviews.
The Application Process Step by Step
1. Read all of the information on this page carefully. Make sure that you fulfil the admission requirements for the programme you are applying to. Since you can only apply to one Master's Degree Programme at Hanken per year it is important to familiarise yourself with the programmes on offer so that you can make an informed choice.
2. Book a time for the GMAT or GRE test and possible language tests. It is your responsibility to make sure that you take the test(s) well enough in advance for the test score reports to arrive in time.
3.Register with University Admissions Finland (UAF).
4. Start collecting the required enclosures in time. Make sure that you follow the guidelines and the country specific requirements. Incomplete applications will not be processed.
5. Log in to your UAF account and complete the application when the application period has started (20 January 2014). We recommend that you complete your application in the beginning of the application period in order to make sure that it arrives at UAF before the deadline. Write your UAF application form number on every document as well as on the lower left corner of the envelope. Once you have saved your application into a pdf document you cannot make changes to it anymore.
6. Send your printed and signed application form together with the required enclosures to UAF. The deadline is 28 February 2014 at 16:00 (GMT +2). Late applications will not be processed. The address is:
University Admissions Finland
If you use a courier service, please give the service provider the phone number of University Admissions Finland: +358 9 191 23 528. Do not send your application directly to Hanken School of Economics. If you do so, Hanken we mail the application to UAF with regular mail and we can not take any responsibilty for lost mail.
7. Check your email (the one that you used on the application form) AND your UAF account regularly after you have sent your application. UAF will contact you via email when they have pre-processed your application. You can follow the status of your application through your UAF account and check if your language test score report has arrived.
8. The admission results will be available on 2 May 2014. All applicants will be notified of the results of the selection via email. Welcome packages will be sent to the admitted students.
Key Facts Regarding the Enclosures
All educational documents (e.g. degree certificates, transcripts of records, diploma supplements etc.) must be officially certified by the issuing institution or a notary public. An officially certified copy is a copy that bears the stamp and signature of an authorised university official or a notary public. Regular photo copies of certified copies and copies certified by two private individuals are not accepted. Make sure you follow the country specific requirements regarding the enclosures!
Officially certified copies of the educational documents in the original language must always be enclosed. If the documents are issued in a language other than English, Swedish or Finnish, an English translation must always be attached to the documents. The translations must be made by an authorised translator and must be submitted in original or as officially certified copies. Each page of an official translation must bear the translator's stamp and/or signature. Official translations must be exact translations of the original documents. Translations done by the applicant him- or herself are not accepted.
The GMAT or GRE test result must be sent directly to Hanken by the test organisation (not to UAF!).
Please note that neither UAF nor Hanken will return any application documents to applicants.
University Admissions Finland
University Admissions Finland (UAF) is a centralised service centre for Finnish universities that pre-processes applications. Pre-processing includes verifying the authenticity and accuracy of application documents. This includes e.g. contacting your previous educational institution and language test organiser. Any malpractice will be reported to universities and proper authorities.
UAF offers technical support and assistance on how to fill in the application via email and telephone. The telephone service is available during the application period only, Monday to Friday from 12 - 4 p.m. (GMT +2) on the following telephone number +358-9-191 23528. In addition, they can also be reached through email info(at)universityadmissions.fi. When contacting UAF, please mention your application form number, name, date of birth and what programme you are applying to.
Selection of Students
The selection of students to the programmes is based on a system of numerus clausus (restricted entry). This means that admission is granted on a competitive basis and that applicants might not be admitted even if they are eligible for the programme in question. There will be no discrimination based on age, gender, ethnicity or other similar grounds.
The selection of students is based on whether or not the applicant meets the general eligibility requirements for studies within a Master's Degree programme at Hanken, as well as on an evaluation made by the academic representatives of the programme based on the following criteria in the order listed below:
1) The scope and content of, as well as the applicant's success in, his or her previous studies in general, with the focus on the intended major and economic sciences
2) GMAT or GRE score
3) The applicant's motivation letter
Hanken will notify the applicants of the admissions decision. The admission results will be ready by 2 May 2014. A letter of acceptance will be sent to the admitted students. As soon as the admission results are ready, the names of the admitted students will be published on Hanken's website. Please note that only the names of the admitted students who have marked on the application form that they permit us to publish their name on the Internet will appear on this list. An email will also be sent to all applicants when the admission results are ready.
If an applicant believes that there has been an error in the decision making process, he or she has the right to request rectification of the decision. Well-founded requests are to be made in writing to the Rector within 14 days of the announcement of the results of the selection, however no later than 20 May 2014. The request must have reached Hanken by this date at 16:00 (GMT +2). A request for rectification cannot be sent by email.
Please note that a request for rectification is not the same as a request for a reconsideration of your application. The admission decision is reached after a careful, objective evaluation of each application by both faculty and administrative staff, and is ultimately approved by the Rector of the university. The right that the applicant has to request rectification of the admission results is designed to protect applicants from being mistreated. This means that an applicant has the possibility to request rectification if there has been an error in the decision making process. It does not exist for the purpose of giving the applicant a second chance for admission.