Master's studies in Economics

Economics is the basis of a general and systematic understanding of economic transactions in society. Learn more about majoring in Economics and the unique opportunity to select courses from three universities.

Our specialisation offers you a balanced mix of a broad perspective and a deep insight into economic theory. The curriculum is designed to match the demand for professional economists in business and government.

Upon graduation you will be

» ready to take on challenges in rapidly changing contexts

» trained to use economic data

» an expert at communicating your findings

» able to visualise the larger context of economics and influence policy

Facts about the degree

  • 120 credits, 2 years of full-time study
  • Language: English
  • Next application round opens: 1 November 2019
  • Degree: MSc in Economics and Business Administration
  • Location: Helsinki

Majoring in Economics

The specialisation builds on a logically consistent structure, which relies on rational criteria for decision-making. Economics offers perspectives on essential features of all types of markets ranging from local retailers to global currency markets.

The Master's studies consist of compulsory core courses in

  • microeconomics
  • macroeconomics
  • econometrics
  • specialised courses in other important fields of economics

The courses oriented towards microeconomics deal with

  • analysis of competition with a focus on how firms, organizations, and industries should be organised to achieve efficiency
  • analysis of corporate strategies to create sustainable competitive advantages and of asset markets characterized by incomplete information

Courses offered in macroeconomics focus on

  • economic policy
  • why we have structural unemployment and how it can be reduced
  • why monetary policy should be conducted by an independent central bank
  • which policy options are available to overcome the financial crisis

Courses and outline of studies

The extensive spectrum of high-quality courses offered is made possible through our close cooperation with our two partners within Helsinki Graduate School of Economics Helsinki GSE (formerly known as HECER, Helsinki Center of Economic Research). This collaboration means that you'll be able to choose courses from both Aalto University School of Economics and the University of Helsinki. As of 2020, also Hanken's admitted students will be offered the possibility to complete courses within the Research Master's program, through the Hanken & GSE cooperation.

Year 1

Year 2

Autumn semester

  • Compulsory courses
  • Elective courses dependig on interest

Spring semester


QTEM certificate

As a student majoring in Economics you also have the opportunity to top up your degree with the QTEM certificate (Quantitative Techniques for Economics and Management). This is your opportunity to earn a degree within a network of leading business schools and corporate partners. All partners are committed to developing global talent with strong quantitative competencies, analytical skills, international and intercultural experience, and management potential.

Future career opportunities

78 % of Hanken students have a job prior to graduation. A percentage as large as 95 % of the graduating class 2016, had a job 3 months after graduation. For more information concerning career opportunities visit Career Services at Hanken and explore career profiles.

Apply now!

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