Overview

The Economics programme of Hanken School of Economics consists of diverse doctoral courses and seminars which provide a thorough training in the skills required of the contemporary academic and professional economists.

Key facts

All doctoral students are expected to gain a broad knowledge in various fields of economics during the first years of studies when the three main compulsory course modules - microeconomics, macroeconomics and econometrics - are offered.
The first year courses in the Helsinki GSE program are geared towards developing good all-round economists with a solid grasp of macroeconomics, microeconomics, and econometrics.

The course emphasizes problem-solving skills, applicability of modeling skills, and ability to conduct empirical research over pure development of theoretical skills. We allow the students to reach the theory frontier in the area they specialize in through a variety of methods: second year courses, reading groups, and study groups.

Accreditation

Hanken School of Economics is EQUIS, AMBA and AACSB accredited.

Programme Structure

Courses include:

Finance
Statistics
Business Analytics
Data Science
Econometrics
Economics

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-08-01 00:00:00
- Apply before 2027-01-08 00:00:00

Language

English

TOEFL^® IBT

92

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PTE Academic

62

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IELTS

6.5

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4.9/5 student rating

Credits

240 ECTS

Delivered

On Campus

Campus Location

Helsinki, Finland

Disciplines

Economics View 5 other PhDs in Economics in Finland

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Academic requirements

GPA

B

GRE^®

158 _{(quantitative)}

GMAT

600

Applicants applying with a qualifying degree obtained in an EU/EEA country, need to fulfill the following requirements:

The GPA in the qualifying degree needs to be at least a Grade B (US grading scale), GOOD or equivalent or higher. You can check if your GPA meets the requirements by using 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.

The specific minimum GPA requirement is:

70-79 (the scale used by Hanken 50-100)
3 (Finnish scale of 1-5)
Grade B (American scale)

English requirements

TOEFL^® IBT

92

Schedule TOEFL®

PTE Academic

62

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

A research-based Master's degree with good grades from a recognised university constitutes the basis for admission to doctoral studies. The Master's degree has to include a comprehensive research based thesis.

In order to be admitted as a PhD student the student must have sufficient and relevant previous studies in the field or major to which they apply to.

The applicant's Master's thesis should have received a minimum evaluation of "good" (cum laude approbatur) or be of corresponding standard in cases where grades are not given.

The applicant's previous studies in Economics should have been evaluated as achieving the general grade "good".

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Hanken School of Economics and/or in Finland, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

Free
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

Free

Living costs

Helsinki

Finland

975 - 1584 EUR / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Hanken offers funding for doctoral students who study full time. Hanken also offers help in applying for funding.

There are three main potential funding options:

External grant funding from one of the foundations supporting research in the areas relevant to Hanken PhD students, for example the Foundation for Economic Education.

Employment in an externally funded project; this alternative is particularly relevant for late-stage doctoral students;

Scholarships from the Funds at Hanken can be applied for if/when these are announced. The scholarships are subject to availability.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find PhD's scholarship opportunities for Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Key facts

Accreditation

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

EU/EEA Applies to you

Living costs

Helsinki

Funding

Scholarships Information

Available Scholarships

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