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2003 FULL-TIME MBA PROFILE
Helsinki School of Economics
Helsinki School of Economics — International Full-time MBA Program

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs


Address: HSE/International Center
Runeberginkatu 14-16
Helsinki 00100 Finland
E-Mail: mbafi@hkkk.fi
Web site: http://www.mbahelsinki.net


ENROLLMENT

2003/2004 Classes begin: Sept. 2, 2003
Mar. 1, 2004
Sept. 2, 2004

Year program was founded: 1983

Institution is: Non-U.S., Public

Length of program: 12 months


Total graduate enrollment 615
Full-time MBA students 98
Part-time MBA students 96
Distance learning MBA students n/a
EMBA students 60
PhD program students 361
 
Current total undergraduate business school enrollment 3,781
 
Change in full-time class size in last 12 months -5%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 35%
International students (1) 59%
Married students n/a

Students from the following regions:
Africa 3%
Asia 11%
Eastern Europe, Central Europe and Central Asia 3%
Latin America and the Carribean 5%
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
11%
Oceania n/a
Western Europe 67%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

(1) Students from countries other than the school's home country.


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 599
Range (middle 80%) 500 - 680

TOEFL Scores
Average TOEFL score 622
Minimum TOEFL score required 600

Work Experience (months)
Average 69
Range (middle 80%) 24 - 96
Enrolled students with one year or less of work experience 0%

Student Age (years)
Average 31
Range (middle 80%) 25 - 36

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): n/a

Application fee (nonresident): n/a

74 people applied to the full-time MBA program in 2003. The school accepted 70% (selectivity) of those applicants, and 79% of admitted applicants (yield) enrolled in the program.

The B-school placed n/a applicant(s) on its wait list, from which n/a ultimately enrolled in the program. n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

Applicant Profile:
Female applicants 32%
International applicants (1) 66%
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
Recommended

In 2003, the B-school interviewed 22% of its full-time MBA applicants, and 24% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $20
Nonresident $20
 
Expected monthly rent $450
Recommended annual budget (Resident) (1) n/a
Recommended annual budget (Nonresident) $33

2003-2004 Application deadline(s)
All applicants: Nov. 30, 2003
All applicants: Apr. 28, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
n/a

2003-2004 Financial aid deadline(s):
n/a

First-year MBAs:
Average financial aid package n/a
Range (middle 80%) n/a - n/a
Average first-year scholarship awards (not including loans) $9,000

Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) n/a - n/a
Average second-year scholarship awards (not including loans) n/a
 

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Scholarships are Merit-based

0 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) No
Maximum amount students can borrow: n/a

Average outstanding loans for 2003 graduates: n/a

Financial aid Web site:
n/a

(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.


CONTACTS

Dean Dr. Eero Kasanen
Hired as of Aug. 1996
 
Program director Dr. Jyrki Wallenius
 
Admissions director Marita Grönvall-Jansson
 
Financial aid director n/a
 
Career services director Susanne Åström
 
Alumni relations director n/a


 
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