Finance and Statistics
The Department of Finance and Statistics
The Department of Finance and Statistics at Hanken was founded in 1977, and is the oldest department of finance in Finland, and one of the oldest in the Nordic countries.
Teaching in the Master's programme in Finance started in the same year, and the programme quickly gained a very high reputation internationally. The programme is considered to be highly demanding, and it attracts the School's best students. Within the business sector, the demand for recently graduated Hanken Master's students, with a major in finance has been high and steady, even during recessions. Recently, international investment banks e.g. in London have employed a considerable number of Hanken graduates. Inquirers can find detail of all courses in the Study Handbook.
Contact information for staff.
The Department has adopted rapidly to changes in financial markets and to the rapid development of financial theory, so that the gap between new theories gaining acceptance and the implementation of these into Hanken's basic teaching programme is minimised.
The Department was also the first in Finland to produce large scale empirical research into financial issues. During the 1980s, huge financial databases were built, which have since contributed to the fact that a substantial number of the empirical studies of both the Finnish and the Swedish stock markets have originated at Hanken.
Finance is taught at both the Helsinki and Vaasa campuses of Hanken.
Two-year Master's degree Programmes
- Master's Degree Programme in Real Estate Investment and Finance (Helsingfors)
- Master's Degree Programme in Computational Finance (Vasa)
GSF - The Graduate School of Finance
The Graduate School of Finance (GSF) offers programmes for gaining a Doctoral (Ph.D.) degree in Finance. The full programme is open for doctoral students who fill the requirements for doctoral studies at the Helsinki School of Economics, at the Swedish School of Economics and Business Administration, or at the University of Vaasa. Read more...
Research Seminars, read more...
The Subject Finance
The aim is to develop a capacity in students to analyse, plan and take decisions about the raising of capital, capital management and the choice of investments. The degree programme aims to provide students with knowledge about the pricing of financial assets and by means of this knowledge, skills in portfolio management, corporate financial planning and management, as well as the ability to make international finance and investment decisions.
Central scholarly elements of the degree programme include financial theory, long term and short term corporate financial planning, portfolio theory, securities analysis, capital market theory, with a focus on Finnish circumstances, international finance and exchange rate issues from a corporate point of view.
The Department of Finance and Statistics is responsible for the degree programme.
The Subject Statistics
The aim of the subject major is to provide students with the ability to use quantitative models and methods for the analysis of data regarding economic conditions. Students will therefore learn to construct quantitative models and to make use of statistical methods as a basis of economic analysis and planning as well as economic decision making.
Work in this subject embraces both the development and application of economic, statistical and mathematical models and methods as well as related issues of prognosis and decision making. Economic analysis and prognosis are of central importance. Relevant professional fields include econometricians, market analysis, operations analysis and other types of planning and investigating those matters which demand both a professional knowledge of economics and a familiarity with quantitative methods.
The Department of Finance and Statistics is responsible for the degree programme.
Seminar in Statistics
Linda Gerkman (Hanken):
"Spatial Econometric Modelling of Small Scale Neighbourhood in House Price Models"
Wednesday February 6, 2008
Per Hjertstrand (Lund University):
"A Generalized Afriat's Theorem"
Wednesday April 2, 2008
Gunnar Rosenqvist (Hanken):
"Rent Setting and Asymmetries in Willingness to Pay in the Public Housing Sector?"
Wednesday April 23, 2008
Per Hjertstrand (Lund University):
"A Modified Klein-Spady Estimator"
Abstract Per Hjertstrand [pdf] 18k
Thursday March 12, 2009, at 12.30-14.00 at the Hanken School of Economics, Department of Finance and Statistics, Arkadiagatan 22, Helsinki, in room D601 (6th floor).
Further information from
gunnar.rosenqvist@hanken.fi (tel. 040-3521363) or Per Hjertstrand
nekphj@nek.lu.se
Welcome!
March 5, 2009
Gunnar Rosenqvist
Professor of Statistics




