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GMAT/GRE or GPA requirement

All applicants are required to fulfill Hanken's qualitative requirement which consists of either the GMAT or GRE test. In some cases, a sufficient GPA can be used instead of a GMAT/GRE test.

The requirements are different depending on which admission round you are applying to. Please check below which group you belong to in order to determine what is required of you.

 

In the Main application round, applicants follow different requirements, depending on which group they belong to:

  • Group 1: Applicants who are applying based on a degree obtained in

  • Group 2: Applicants who are applying based on a degree obtained in

    • a country outside the EU/EEU 

Group 1

Applicants who belong to Group 1 need to fulfil the following requirements:

  • GPA is a minimum B on a US grading scale (3.0 out of 5.0 Finnish scale)

You can check if your GPA meets the requirements with the WES World Education Systems online grading scale conversion tool. If there is not an conversion table for your country, Hanken will convert your GPA on a case to case basis.

If the GPA in the degree based on which you are applying does not meet the set requirements, you need take either the GMAT or GRE admission test and obtain the minimum test score requirements as listed below under Group 2.

  • All applicants who belong to Group 1 are required to calculate their GPA (on the grading scales used in their degree) for the studies included in the degree based on which they are applying and state the calculated GPA in the application form.
  • The applicant also needs to submit an official certificate where the GPA in question is clearly stated if such a certificate can be issued by the degree awarding institution. The certificate can be either the degree certificate, transcript of records or a separate official certificate issued by the degree awarding institution.
  • If the applicant does not submit an official certificate where the GPA is clearly stated with their application, Hanken will verify that the GPA calculated by the applicant is correct. Hanken reserves the right to decide whether the applicant fulfills the GPA requirement or not.
  • Applicants who have not yet graduated at the time of applying, are required to calculate the GPA for the degree based on which are applying for the courses which are included in the transcript of records submitted with the application and, if possible, submit an official certificate where the GPA in question is clearly stated.

Note that when applying and submitting your application, your GPA needs to fulfill the requirement even if you have not graduated yet.

 

Group 2

Applicants who belong to Group 2 need to fulfil the following requirement:

Exempted from this rule are applicants who have conducted the degree based on which they are applying at one of Hanken's partner universities and whose GPAs meet the GPA requirement of at least Grade B (US grading scale). See the info for Group 1 for further instructions on how to fulfil this requirement.

NOTE: The UK belongs to group 2, regardless of when you have completed your degree in the country in question.

  • The last date to take the GMAT or GRE test is the same date as the application deadline.​ It is hence ok, that the actual test result reaches Hanken after the application deadline.

The Rolling Admission round follows different requirements than the Main admission round.

All Rolling Admission applicants must fulfill one of the following requirements:

Only submit your application after you have received your test result since you need to meet all admission requirements in order to apply.

Exempted from this rule are only applicants who have conducted their eligibility-granting BSc degree at one of Hanken’s partner universities for student exchange and whose GPAs meet the GPA requirement of at least Grade B+ (US grading scale) or 4.0 oon the 1-5 Finnish scale. Thus, if you are a BSc graduate from one of our partner schools you do not have to submit a GMAT/GRE test score.

If you are a graduate from a Hanken partner university for student exchange with sufficient GPA, the following applies to you:

  • Applicants are required to calculate their GPA (on the grading scales used in their degree) for the studies included in the degree based on which they are applying and state the calculated GPA in the application form.
  • The applicant needs to submit an official certificate where the GPA in question is clearly stated if such a certificate can be issued by the degree awarding institution. The certificate can be either the degree certificate, transcript of records or a separate official certificate issued by the degree awarding institution.
  • If the applicant does not submit an official certificate where the GPA is clearly stated with their application, Hanken will verify that the GPA calculated by the applicant is correct. Hanken reserves the right to decide whether the applicant fulfills the GPA requirement or not.
  • Applicants who have not yet graduated at the time of applying, are required to calculate the GPA for the degree based on which are applying for the courses which are included in the transcript of records submitted with the application and, if possible, submit an official certificate where the GPA in question is clearly stated.

Note that when applying and submitting your application, your GPA needs to fulfill the requirement even if you have not graduated yet.

What are the GMAT and GRE admissions tests?

GMAT and GRE are standardised admission tests that are widely used by Business Schools and Graduate Schools in admissions to master and doctoral programmes. GMAT and GRE are tests designed to measure the skills shown to help graduate business students succeed in the challenging curriculum. The tests assess verbal, quantitative, and analytical writing skills.

On the GMAT and GRE web pages you can find a lot of useful material and information on how to prepare for the test. It is worthwhile to study before you take the test, that way you can prepare yourself for how the tests are structured, what kind of questions are to be expected and how you should use the time given to you.

Find the test centre closest to you by visiting: mba.com (GMAT) and ets.org (GRE). In Helsinki, applicants can take GRE at the NUEVO MUNDO and GMAT at LGF.
 

Taking GMAT/GRE tests

  • Book a test as early as possible - the test procedure may take several months including registration for the test, taking the test and getting the results.It is your responsibility to find out the test dates and closing dates for registration. Here are the options:
  • It is your responsibility to find out the test dates and closing dates for registration for GMAT or GRE.
  • If you already have a sufficient test result, check the validity of your result and make arrangements for a new test well in advance, if necessary.
  • GMAT/GRE tests are valid for five years and test results older than this are not accepted. Please note that your test score must be valid throughout the entire application period.
  • Test validity: if your test expires even 1 day after the final application deadline, your test score will not meet the requirements.
  • All sections of the test can be taken into account in the student selection process, so applicants have to complete all parts of the test.
  • In case you are taking the test so late that you cannot be sure the result will reach us before the application deadline for the main application round - fill in which test you took and the date of taking the test in the application form. This way we will be able to verify the results as soon as they are available in the test organisation online verification database. We will accept tests taken within the application period.
     

How do I deliver GMAT and GRE test results?

  • You need to request the official test score report to 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.
  • The institutional GMAT programme code for Hanken is NRC-QZ-86. Applicants taking the GMAT test should use this code when registering for the test in order for the results to be sent to Hanken or request the results to be sent to Hanken School of Economics - Master's Degree Programmes.
  • Hanken accepts test results delivered from the testing organisation all year long.