Aalto University

History of the Helsinki School of Economics

1904 School of Economics established by the business community
1911 School of Economics received University standing
1919 The Foundation for Economic Education (Liikesivistysrahasto) founded
1922 First MSc graduate (Aksel Edvard Hollander 10.3.1922)
1937 First Doctor’s degree in Nordic Business Schools (Vilho Nurmilahti 9.10.1937)
1938 Helsinki Research Institute for Business Administration founded
1939-40 and 1941-42 the School closed due to war
1945 School of Econ. was granted the right to the conferment of academic degrees
1946 First conferment of academic degrees
1946 Basic degree prolonged from 2 to 3 years
1948 Construction work for new main building started
1950 New Main Building inaugurated
1950 New law to guarantee 70% state support of School of Econ. expenditure
1950 First Chancellor Antti Tulenheimo appointed
1965 Department for Basic Research started (Perustutkimuksen laitos)
1967 The School of Econ. Publication series started
1968 Beginning of Prodec, project for development cooperation
1968 First computer IBM-1130 introduced at the School
1970 Chydenia building inaugurated for the School
1970 Beginning of JOKO, Continuing Education Program for Executives
1972 Beginning of a formal Doctoral Program
1972 First courses during summer period introduced
1973 Cooperation started with EIASM
1974 School of Economics became state university, financial responsibility to state of Finland
1974 Creation of the School of Economics Foundation (Tukisäätiö) and the School of Econ. Endowment Funds (Korkeakoulun rahastot)
1977 Renewal of degree structure, MSc (Econ.) introduced
1977 School of Econ. library becomes central library for economics and business sciences in Finland
1980 Small Business Center in Mikkeli established
1983 International Center established and extensive student exchange program started
1983 International MBA Program launched
1989 International BBA Program introduced in Mikkeli
1991 Systematic evaluation processes for teaching introduced
1991 The School of Econ. Career Services Center established
1993 Business Project Services started in organised form
1993 Doctoral Program re-organised with more strict rules for admission and exit
1994 English Track leading to MSc Degree in English language introduced
1995 Renewal of degree structure, BSc (Econ) re-introduced
1996 JOKO Executive Education Ltd. was set up (former name Helsinki Business School Training Services Ltd) to take care of Executive Education
1997 School of Econ. Holding Ltd and applied research company LTT Research Ltd were set up
1997 AMBA accreditation received for the International MBA Program
1998 EQUIS accreditation received
1998 School of Econ. became member of CEMS
2000 Helsinki School of Economics Executive Education Pte Ltd started in Singapore and the Partnership Program started
2001 HSE became full member of PIM and the BscBA degree programme started in Mikkeli
2002 AMBA Accreditation renewed and Executive Education operations started in China
2003 Mikkeli University Center (MUC) started
2004 Executive MBA was granted AMBA accreditation
2005 Degree structure renewed to be based on programs and Bologna principles and Departments reorganized
2006 New HSE strategy approved
2010 The Helsinki School of Economics (HSE) became part of Aalto University as of 1 January 2010 and now operates with the new name of Aalto University School of Economics.
2011 School of Economics 100 years anniversary

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This is School of Economics

Presentation (pdf)