Finland is a country known for its beautiful scenery and natural attractions. It is a place where you can get close to nature and see the famous northern lights. English is widely spoken in the country and it has an ideal location for exploring the rest of Europe.

Finland’s educational system is also known to be among the best in the world. Most Finnish universities provide tuition-free education to Finnish and European students but scholarship grants are also available for non-European students. Business schools in Finland are modern and highly research-driven.

Below are the best business schools in Finland along with some information about these schools’ programs and recognitions.

Top Schools Offering Business Programs in Finland

1. Aalto University

The School of Business at Aalto University is the first business school in Finland to receive the Triple Crown Accreditation from three of the most elite international accrediting bodies for business schools, the AACSB, AMBA, and EQUIS. The school is also an active member of several international alliances consisting of the world’s best business schools, multinational corporations, and non-government organizations to maintain the high standard of education it has been providing since its establishment in 1911.

Aalto University School of Business offers bachelor’s, master’s, and doctorate degrees. The school’s programs are designed to a broad yet in-depth understanding of how businesses in and out of the country work. Students get to take courses at another leading business school abroad at one of Aalto University’s partner universities.

The university is committed to producing globally competitive individuals who have the skills essential to addressing not just the challenges in the business environment but also the issues faced in society such as climate change, inequality, and unemployment.

2. Hanken School of Economics

For over 110 years, Hanken School of Economics has remained the only autonomous business school in Finland. It has the triple crown accreditation status as well as a wide international network of prestigious business schools and companies where students can gain world-class experience and competencies in the international business environment.

Research largely serves as the basis for education at Hanken. Every five years, focus areas for research are determined, called Hanken’s “Areas of Strength”. Currently, the school’s areas of strength are competition economics and strategy, financial management, accounting, and governance, responsible organizing, and leading for growth and well-being.

The programs at Hanken School of Economics are designed to provide students with thorough business knowledge and develop their academic and communication skills. Students are also required to complete their thesis, maturity test, and other assessments before graduation.

3. University of Turku

Founded in 1950, the Turku School of Economics is one of the best business schools in Finland and is a product of the collective efforts of Turku’s business community and is now known as the business school of the University of Turku. It is an AACSB-accredited business school and is part of the Finnish Education Evaluation Center to assess, maintain, and enhance the quality of education provided to its students.

Education in TSE is highly driven by research. The school’s Centre for Collaborative Research conducts a vast amount of relevant and transformative research in business and economics. This center collaborates with public and private entities in conducting studies and developing new and innovative strategies in different areas of business.

Turku School of Economics offers different master’s and Ph.D. degrees. In these programs, students are trained to interpret past and present business phenomena to develop long-term and sustainable strategies and solutions.

4. University of Vaasa

The University of Vaasa is one of the top business schools in Finland based on the most recent rankings by Eduniversal, a French-based organization that specializes in the evaluation and ranking of business schools around the world. Its business programs have also been accredited by several prestigious international accrediting organizations such as the EMFD and ASIIN.

The School of Management at the University of Vaasa offers several bachelor’s, master’s, and doctorate degrees. It is focused on producing graduates who are not only highly knowledgeable and skilled but also ethical and responsible individuals who will have a positive impact on business and society.

5. University of Oulu

Part of the University of Oulu, Oulu Business School is an AACSB-accredited research-driven business school. This top business school in Finland has several research units that study the different areas, phenomena, and problems faced by organizations and society.

Oulu Business School values interactions and collaborations with its alumni and network of academic and corporate partners. The school conducts multiple joint activities, lectures, and projects with its partners to enhance its student’s learning experience.

Programs at Oulu Business School are designed to develop students’ competencies for them to thrive in the global business environment. The school continues to strengthen its relationships with its international partners to provide opportunities to its students for exchange and internship programs.


Finland is a great study destination for any international student seeking to further their studies abroad. You can find more information on different Finnish universities and scholarship opportunities on the Study in Finland page! Make sure to also check out the Available Business Programs for International Students!

About the Author: Hyun Lee

Hi! I am Hyun, and I am the founder at Global Scholarships. I've received a full-tuition scholarship at Birmingham-Southern College and a $1,000 Burger King Scholarship for my undergraduate degree and was offered a fully funded scholarship consisting of tuition, living stipend, and health insurance for computer science Ph.D. program at North Carolina State University. You can read more about my scholarship journey here. If you are interested, you can follow me on Linkedin where I regularly write about scholarship opportunities.

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