Learn more about the department of Finance.


Finance at Hanken is one of the leading academic teaching and research units in finance in Finland. The department has a broad international scope in its research and education activities on two campuses: downtown Helsinki and Vaasa. Our faculty is well connected to the finance community in Finland and abroad.

We offer a comprehensive curriculum of BSc & MSc courses. We also offer a  Finance track in English. Faculty members are actively involved in the Certified EFFAS Financial Analysts programme (CEFA/CIIA), customised finance programmes PROFIN, the Hanken Executive MBA programme, Hanken & SSE Executive Education. For students majoring in Finance within the Hanken PhD Programme the studies are integrated with the Graduate School of Finance, a joint programme with other leading Finnish business schools.

The Department's research covers several key areas of finance, such as asset pricing and financial econometrics, corporate finance and corporate governance, law and finance, risk management, market microstructure and real estate.

Paulo Fraga Martins Maio, Andre Silva 2020, 'Asset pricing implications of money: New evidence', Journal of Banking & Finance,
Anders Löflund, Magnus Blomkvist, Hitesh Vyas 2020, 'Credit ratings and firm life-cycle', Economics letters, no. 5,
Johan Knif, Dimitrios Koutmos, Gregory Koutmos 2020, 'Higher Co-Moment CAPM and Hedge Fund Returns', Atlantic Economic Journal, vol. 48, pp. 99-113.
Paulo Fraga Martins Maio, Hui Guo 2020, 'ICAPM and the Accruals Anomaly', Quarterly Journal of Finance, vol. 10, no. 3,
Gonul Colak, S. Chahine, Iftekhar Hasan, M. Mazboudi 2020, 'Investor relations and IPO performance', Review of Accounting Studies, vol. 25, no. 2, pp. 474-512.
Paulo Fraga Martins Maio, Alexandros Kontonikas, Haifeng Guo 2020, 'Monetary policy and corporate bond returns', Review of Asset Pricing Studies, vol. 10, no. 3, pp. 441.