Information about scholarships for Master's degree students.

Hanken's Scholarship Scheme

  • Scholarships are granted to students who are liable for tuition fees.
  • Applying for a scholarship will not affect your application to the Master's 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.
  • All scholarships requirements demand the receiving students to keep a good pace within their studies. Annual check-ups are done to ensure that the student will graduate within two academic years.
  • A student can only receive one scholarship which include a re-location or living-exenses grant.


Scholarships  - admission stage

  • Hanken Premium GBSN Scholarship, covers the full tuition fee and 8000 EUR/year living expenses per academic year for two academic years

    • Hanken School of Economics offers two scholarships to students currently studying at or alumni of GBSN member schools from developing countries

    • Read more about GBSN scholarships at the official GBSN site.

    • The GBSN member schools are listed here.

  • Hanken Honors Scholarship, covers the full tuition fee for two academic years.

  • Finland Scholarship (financed by the Ministry of Education and Culture in Finland), covers the full tuition fee for the 1st academic year and includes a 5000 EUR re-location grant.


Note! The application for the scholarships is a integrated part of the application form for Master's Degree studies at Hanken so no separte application is needed. 

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 seperate scholarship letter.


Scholarships - 2nd year of enrolment

  • Hanken Honours Second Year Scholarship, covers the full tuition fee for the second year of enrolment for students who

    • have completed 60 study points during the first academic year (before 31st of July) and

    • have not been registered as absent at Hanken. The only exception is if the student has been registered as absent due to legal grounds (for the scholarship also foreign military/civil service is accepted as a legal ground) and can provide masters(at) with an official certificate of the reason for the abscence no later than 31 July before the second year of enrolment start.

  • If the student has not completed the required 60 ECTS before the expiration date of the tuition fee invoice for the second year of enrolment (15th June), the student will first have to pay the tuition fee and the payment will then be reimbursed in August the same year if the student has fulfilled the 60 ECTs requirement before the 31 July which is when the academic year ends.

  • Students do not need to apply for the Hanken Honors Second Year Scholarship seperately - the scholarship is automatically granted to all enrolled students who fulfill the requirements above.