Scholarships MSc students

Information about scholarships for Master's degree students.

Hanken's Scholarship Scheme

  • Scholarships are only granted to students who are liable for tuition fees.
  • Applying for a scholarship will not affect your application to the degree programme.
  • The scholarships at Hanken are merit-based. All scholarships are awarded based on the applicant's academic excellence in the previous studies and applicable test score results.
  • The amount of scholarships are limited.
  • All scholarships require the receiving students to keep a good pace within their studies. 

Scholarships - Admission phase

Hanken Premium Waiver

  • Tuition fee waiver of 50 % of tuition fee for duration of first degree at Hanken.
  • Validity: 2 years 
  • Selection of recipients: The scholarship is awarded to excellent students based on academic success and/or points in the admission method during the admission stage.
  • Requirement during the studies is to complete at least 60 ECTS by the end of each academic year, that is by 31st July, in order for the scholarship to continue the next academic year.
  • If the student fails to complete 60 ECTS / academic year he or she will lose the Hanken premium waiver scholarship.

Hanken Waiver

  • Tuition fee waiver of 25 % of tuition fee for first academic year of enrolment.
  • Validity: First academic year of enrolment only. 
  • Selection of recipients: The Scholarship is awarded to very good students based on academic success and/or points in the admission method in the admission stage.

Hanken Premium GBSN Scholarship

  • Tuition fee waiver 100 % for duration of first degree at Hanken and 8000 EUR/year for living expenses. 
    • The recipient commits to contributing to a limited amount of student recruitment activties during their studies at Hanken.
  • Validity: 2 years.
  • Selection of recipients: The scholarship is only awarded to students currently studying at or alumni of GBSN member schools from specific developing countries.
  • Requirement during the studies is to complete at least 60 ECTS and achieve a GPA of 3.0 by the end of each academic year, that is 31st July, in order for the scholarship to continue the next academic year.
  • Note! The scholarship is only awarded to eligible applicants within the main admission round.
  • Read more about GBSN scholarships at the official GBSN site and check from which institutions, the applicant for the scholarship must hold a degree from/be a student at here.

Finland Scholarship

  • Tuition fee waiver 100 % for first academic year of enrolment and 5000 EUR re-location grant.

    • The re-location grant is transferred to the scholarship recipient if they have completed 10 ECTS during Teaching Period 1 (the scholarship is transferred in the end of November).

  • The Finland Scholarship is financed by the Ministry of Education and Culture in Finland.

Note! The application for scholarships is an integrated part of the application form for admission to Master's degree studies at Hanken, no separate application is needed. A scholarship application will not affect the applicant's possibility to be admitted. 

Admitted applicants who receive a scholarship are informed about the granted scholarship in their personal admission letter and receive additional info on the Scholarship regulations in a scholarship letter.

 

Scholarships - continuing students

Hanken honor waiver from autumn 2025

  • Tuition fee waiver of 25 % of tuition fee for second year of enrolment.
  • Granted annually (for 2nd year of enrolment)
  • Validity: maximum 1 year
  • Selection of recipients: All students liable for tuition fees who have completed 60 ECTS during the preceding academic year and applied for the scholarship timely, will be awarded the scholarship.

Note! Continuing students must apply separately for the scholarship for continuing students in Spring semester (first application round 2025). More info will be published here later on.

If you were admitted in 2023 or earlier, please refer to the Scholarship info for continuing students admitted in 2023 (login required).

 

Graduating as a MSc Scholarship Student

  • If you are a Scholarship recipient studying your second year, you must submit your thesis and apply for graduation no later than 31st July (graduation date 31.7) in order to not become liable to tuition fees on 1st of August when the new academic year starts. Hence, it is ok that you receive your degree certificate in September as long as you have applied for graduation no later than 31st July.
  • If you cannot apply for graduation by 31st July, you will become liable for tuition fees on 1st August when the new academic year starts. 
  • As a Scholarship student whose exemption from tuition fees ends on 31st July, you will receive a tuition fee invoice in the spring of your second year of enrolment with the due date 1st of August (regardless of your graduation plans).
    • You can choose to pay the invoice either by 15th June or 1st August or if you know that you will graduate no later than 31st July, leave the invoice unpaid.
    • The Admission Office, which is in charge of the tuition fee follow-up, will check if you applied for graduation timely with the Study councellors on 2nd of August and hence know whether you are required to pay tuition fees for the new academic year or not.
  • More info on the tuition fee payment is found on the pages for tuition fees.