Annual Report 2012

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Title: Annual Report 2012
Publisher: Hanken School of Economics
Date: 2015-04-13
Language: eng
Abstract: The year 2012 proved successful for Hanken on many levels. The School continued fulfilling its strategy, focusing on research, internationalisation and strengthening its ties to the corporate world, and, moreover, could do so from a solid financial position. The external evaluation of Hanken’s research, conducted by a panel of distinguished international academics, confirmed my own perception that the research conducted at Hanken meets the highest international standard in many areas. I am also happy to see that that the investments made in research have already borne fruit. An indication of this is the doubling of the number of articles published this year by Hanken researchers in high- level international peer-reviewed journals, compared to the previous year. Hanken’s strong focus on research will continue. An important part of this work is the two-year Research Professorship, which was set up for the first time in 2012, an initiative that we aim to continue in coming years. The School has put considerable effort into improving student progress through e.g.individual guidance, visiting work activities, and other incentives. These efforts resulted in Hanken exceeding its set goals of graduates on both the bachelor’s and the master’s level. Hanken has also vigorously worked with following up on student learning and has for 2013 appointed a working group with the task of improving the quality of teaching even further. I am very pleased to see the positive development in internationalisation among the School’s faculty and students. In 2012, Hanken met its target of 20 per cent of the faculty (excluding employed doctoral students) having an international background. Hanken’s investment in integrating a mandatory period abroad has proven successful. This is clearly visible in the steady increase in the number of incoming and outgoing exchange students, along with the number of study credits Hanken students complete abroad while on exchange. Thanks to the commitment shown within the fundraising campaign HANKEN 100, the School entered the year 2012 with a strong balance. By the end of the year the assets had further increased and the invested donations showed very good returns. We have also been very fortunate in witnessing continued financial support in 2012, Hanken received donations totalling 310 000 euro. These donations have been allocated to modernising Hanken’s campuses and to Initial Phase Scholarships for doctoral students enrolled in the Hanken PhD Programme. I wish to thank all faculty and staff, donors, collaboration partners and students for a successful year. I hope the good cooperation between all of us will continue and deepen during 2013!

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