Turku School of Economics Profile

The Turku School of Economics (TSE) is one of Finland’s largest and most well-established institutions dedicated to the study of economic sciences and business administration. Founded in 1950, TSE was created at the initiative of the business community in Turku, Finland’s sixth-largest city. Since its inception, the institution has aimed to provide a strong educational foundation in economics and business, preparing students for successful careers in a variety of sectors, including business, government, and academia. Today, TSE is an integral part of the University of Turku, one of Finland’s leading universities. The school offers a comprehensive array of programs, from undergraduate to doctoral levels, and provides students with the knowledge and skills necessary to thrive in the dynamic and evolving global economic landscape.

The Turku School of Economics offers a wide range of degree programs, all designed to give students a deep understanding of the principles of economics, business administration, and related fields. Among the most sought-after programs are the Bachelor of Science in Economics and Business Administration and the Master of Science in Economics and Business Administration, which form the core of the institution's offerings. These programs provide students with a solid foundation in the essential areas of economics, finance, management, and marketing, as well as in specialized fields such as international business, entrepreneurship, and economic sociology.

In addition to these core undergraduate and graduate programs, the school also offers more advanced academic pathways for those seeking to deepen their expertise. The Licentiate of Science in Economics and Business Administration, as well as the Doctor of Science in Economics and Business Administration, are designed for those who wish to pursue careers in research or academic positions. For those with a broader interest in the academic and theoretical underpinnings of economics, TSE also offers a Doctor of Philosophy (PhD) program, allowing students to conduct original research in their chosen areas of study. This diverse array of programs is designed to ensure that students can find an academic pathway that suits their career goals, whether they aspire to work in the private sector, government, or academia.

One of the unique features of the Turku School of Economics is its strong international orientation. A significant number of courses at the school are conducted in English, and several Master's degree programs are entirely offered in English to cater to an international student body. This focus on international education reflects the school’s commitment to providing a global perspective on economics and business, which is increasingly essential in today’s interconnected world. The school’s English-language offerings also attract students from outside Finland, creating a diverse and vibrant academic environment.

In addition to its traditional degree programs, TSE is also home to the Executive Master of Business Administration (eMBA) program, which has earned the EPAS (EFMD Programme Accreditation System) quality label. The eMBA program is designed for working professionals who wish to continue their education while maintaining their full-time employment. This flexible and rigorous program can be completed in about three years, allowing students to balance their academic commitments with their professional responsibilities. The eMBA program covers a wide range of topics, including leadership, finance, strategic management, and international business, and is tailored to the needs of individuals seeking to advance their careers in the business world. This program is particularly well-suited for professionals with significant work experience who are looking to enhance their business acumen and managerial skills in a global context.

TSE is also heavily involved in national and international research initiatives. The school participates in several national researcher training programs, such as KATAJA, a National Post-graduate Education Programme in the Economic Sciences, and KAVA, a National Post-graduate Education Programme in Economics. These programs are designed to support the academic development of doctoral candidates and to promote research excellence in economics. Additionally, TSE is associated with the Turku Centre for Computer Science (TUCS), which provides students and researchers with access to cutting-edge resources in the fields of computer science and information systems, further enhancing the school’s interdisciplinary approach to education and research.

In terms of its research focus, Turku School of Economics is dedicated to promoting high-quality, impactful research across a variety of disciplines. The research themes at TSE cover a broad spectrum, including accounting, finance, management, marketing, economics, commercial law, economic geography, and quantitative methods in management, among others. This interdisciplinary approach to research ensures that the school remains at the forefront of contemporary economic and business research, offering students access to the latest insights and developments in these fields. Moreover, the research output from TSE is consistently high, with faculty members contributing to important academic journals and collaborating with industry and government partners on projects that have real-world applications.

The school’s commitment to research excellence is reflected in its rankings. According to the Webometrics Rankings, as of January 2010, the Turku School of Economics is ranked 20th in Finland and 3417th in the world. While this ranking places the school outside the top tier globally, it still reflects the school’s strong reputation within Finland and its regional influence. It also underscores the importance of continuous improvement and development in the competitive world of higher education. TSE’s rankings in Finland suggest that it is highly regarded in the national context, and the school’s ongoing focus on research, academic development, and international engagement will likely enhance its global standing in the years to come.

One of the key strengths of the Turku School of Economics is its strong connections with the business community. Founded at the initiative of the local business community, TSE maintains a close relationship with industry and employers, ensuring that its programs are aligned with the needs of the labor market. The school regularly invites industry professionals and experts to collaborate on research projects, deliver guest lectures, and participate in career development activities. This close connection to the business world helps TSE’s graduates transition smoothly into professional roles after completing their studies. It also ensures that students are exposed to real-world challenges and that their education is relevant and practical. The school’s robust alumni network also plays an essential role in fostering connections between current students and professionals in the field.

The location of the Turku School of Economics within the University of Turku is another advantage for students. As Finland’s second-largest university, the University of Turku offers a rich academic environment, with strong programs across the humanities, natural sciences, social sciences, and medicine. This diversity of academic disciplines creates opportunities for interdisciplinary learning and collaboration, enriching the student experience and broadening students’ perspectives. The University of Turku’s commitment to research and innovation, combined with its international focus, ensures that students at TSE have access to a wealth of resources and opportunities.

While Turku School of Economics is still growing and developing, it has established itself as a respected institution within Finland and beyond. Its strong educational offerings, commitment to research, and international outlook make it an attractive option for students seeking a high-quality education in economics and business. Whether pursuing a bachelor’s degree, a master’s degree, or a doctoral program, students at TSE can expect a challenging and rewarding academic experience that prepares them for success in the competitive global economy.

In conclusion, the Turku School of Economics has carved out a niche for itself as one of Finland’s leading institutions for the study of economics and business. With a rich history dating back to 1950, TSE offers a comprehensive range of undergraduate, graduate, and postgraduate programs that cater to a diverse student body. The school’s strong emphasis on research, its connection to the business community, and its commitment to international education make it an ideal destination for students aspiring to pursue careers in economics and business. As TSE continues to expand its global presence and strengthen its academic offerings, it is poised to become an even more prominent player in the field of economic education and research.