Winter Holiday Outside Finland

After the hectic winter season and long dark nights, it was a cool moment to breath new air outside the frozen Finnish environment. The winter break in the warmer Berlin city was the place to thaw the end of the 3rd period at Hanken as a Humanitarian Logician.

It is winter break and after so many hectic days of walking on frozen water and dark morning lectures, finally the break is here! It is quite a busy life here at Hanken, bundled up with diversified school work and social life. We have always to find time outside our schedule for personal rejuvenation, just to feel normal amidst everything happening around.

Winter is at its peak during the 3rd period, and to escape all the coldness and icy streets I took a trip to Berlin to visit my friends studying at the Berlin University. It has always been my travel goal to travel to Berlin and experience life from my own perspective outside books, internet or other people view point.

Berlin is the capital and the largest city of Germany, with a population of approximately 3.5 million people. Berlin is the second most populous city proper and the seventh most populous urban area in the European Union. Located in northeastern Germany on the banks of rivers Spree and Havel, it is the center of the Berlin-Brandenburg Metropolitan Region, which has about 6 million residents from more than 180 nations.

Where are my binoculars and where is my selfie-stick? I had the whole night to pack and get ready for berlin. How could a night be so short, with barely 4 hours of sleep? I had to rush, I would be late for the train, I would miss my flight. Where are my travel documents? Where is my toothbrush? (the Finish style). Am I going to be late, or am I going to freeze cold, it is so cold outside.

Two hours of flight and I was ready in Berlin, how were my friends enthusiastically waiting for a snow man, only to arrive as a “Michelin” guy. I was ready, ready with my travel diary to explore, learn and enjoy my short stay.

Each new day yielded greater insights memorial church, Muslim island, Reichstag and Brandenburgh Gate, just to mention but a few. I could not exhaust my travel wish list, there was so much to see. The food was great too, there was this local snacks pretzel, currywurst, and hackepeter, in addition to Eirkuchen and Eisbein meals. I could not get enough of it. This gave me refreshed life perspective outside the ever-busy research work and strict deadlines. The German sunshine was up and bright throughout the week and the temperature ranged between 6-12 degrees, the street and shopping malls were always full. The German people are more social, something that was contrary from most people’s perception. Public places were all flocked the young and the old, men, women and children. It is interesting how much fun we had within and outside of Germany.

Berlin was everything to me during the winter break, between the many road trips we took and the night life, to say the least we had lot of fun in Hanover, Bremen and also to Prague Czech Republic. How could a winter break be so short, even before I could exhaust my wish list and my travel diary, I had to return to Finland.

What a break! The break was the most delightful memories, “wow that, …”, prevailed during the flight, yet at the destination point it’s just like going back to a small cocoon that needed to be thawed to keep it even more lively.

.. and many more periodic breaks rocks…

 

Spring is nature’s way of saying, ‘Let’s party!’ ©

“Going so soon? I wouldn’t hear of it. Why my little party’s just beginning.
~ Wicked Witch of the West Wizard of Oz”
― L. Frank Baum, The Wonderful Wizard of Oz

 

Hey, guys! It’s Maria again. As the exam week has finished, we all could breathe a sigh of relief. While you have already had the opportunity to follow some of the events happening at Hanken from the previous blog posts (and you can also check Hanken’s official Instagram to keep up to date with the current events), I thought that this time it might be interesting for you to get to know a bit more about the fun part of the studies at Hanken: namely, the student life. This idea popped into my head as it was just yesterday we had a sitz organized by the Master’s Committee and Exchange Committee of the Student Union.

However, first things first: you might be wondering what a sitz is. I will not invent anything new here and will refer to our beloved Wikipedia: “A sittning (“sitting”, often shortened to sits or sitz) is in Sweden and Finland a seated meal held within a set time frame. The term is also used to denote the part of a party that is a seated meal. Though it can refer to any kind of meal, it is often used to refer to a student sittning.” To my knowledge, in Finland those are only Swedish schools that have a tradition of organizing sitzes, so no wonder they are so popular in Hanken.

This Saturday the two student union’s committees, the master’s committee and exchange committee, have combined their forces to throw an amazingly nerdy sitz called “E=MC^2”.

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Photo by Henna Konsti

That is one feature of the sitz: there is always a theme according to which the guests should be dressed. However, it was not only about the costumes, the party was full of nerdy facts and interesting competitions, which kept the audience entertained and yet gave some food for thought.

There are more traditions connected with the sitzes, however this is somethig one can experience only by attending one of those themselves.

Take care,
Maria.

It is time to face exams

Hello and welcome to the blog! As Sasha and Maria started their entries with the weather review, I would like to continue and share couple of thoughts about it as well. So this week is important as spring has officially started. However, before we get all excited we have to remember that winter in Finland is slightly extended. But that is not a big deal because the whole waiting process is rather rewarding as spring at its peak is breathtaking in this country. So we all need a little more patience because spring will come as surely as the sun will rise. With the latter positive notion, let me elaborate on the past week of Hanken from my own perspective.

 

Next week at Hanken is exams week and, needless to say, Hanken has been very lively throughout the whole past week. You could see students trying to memorise those last pieces of information at literally every corner of Hanken. Even on Friday’s evening!

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I am from Hanken’s Department of Economics myself and I believe that we, economists at Hanken, live on a somewhat different schedule than our counterparts from other departments. We might have more ‘exam weeks’ (but not necessarily more exams than others, do not be scared!) throughout the year as teaching for Hanken’s economists is under cooperation with Aalto University and University of Helsinki. So besides Hanken, we also have lectures at the premises of Aalto School of Business, University of Helsinki and Helsinki Center of Economic Research or simply HECER. Needless to say, all three universities keep us engaged throughout the whole year but we cannot complain as we receive the best knowledge in the field of Economics as each university has its key strengths. This is what me and my fellow students really appreciate at our department.

Apart from studying in the library, this week hankeits had a possibility to attend couple interesting guest lectures. Esa Jokivuolle, Research Advisor at the Bank of Finland, gave a lecture on changes in assessment of credit risk of a loan portfolio and bank capital requirements after the recent financial crisis for the course of Banking and Finance. Those interested in entrepreneurship could attend ‘Entrepreneurial afternoon’ with four entrepreneurship experts sharing their best tips on becoming an entrepreneur. Guest lectures is something I personally love since I believe that practicalities are as important as theory and Hanken does a great job providing us with both.

No one can ever deny that studying is extremelly fun. However, I would like to shift your attention to student life in Finland and something entertaining that happened this week. Let me ask you what is the craziest way you have ever went downhill during winter? I remember me and my five friends tried to do that on a sledge built for two and back then I thought it was pretty funny. Nevertheless, I am pretty sure that whatever your answer is, you will find students in Finland taking this activity to another level. On Shrove Tuesday, one of the biggest student events called ‘Laskiaisrieha’ takes place at Helsinki’s Kaivopuisto park. Basically, it is a huge sledging competition of students but sledges they use are not the ones you can buy at the local department store. Students construct crazy sledges looking like sport cars or dragons and usually engineering students unleash the true potential of their creativity here. I have heard that one year there was a sauna going down hill, can you imagine that? The event is followed by tasting Finnish treat – cream-filled bun – called ‘laskiaispulla’. And in the evening, there is a big after-party, so you definitely do not want to miss out all the fun. More information and videos about the event can be found here.

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This was all that I wanted to share with you for now! By the way, this was my first blog entry ever, so please bear with the rookie!

Also, I would like to wish everyone a successful exams week and fun time afterwards.

Yours,

Vytas.

It never gets boring

What a lovely weather it was for the past week in Helsinki! You might notice that we again start the blog post with the weather, but let me assure you that here in Finland people like talking about weather. It is not that often that you get so many sunny days in a row, especially in winter, thus we try to take the most out of it and spend as much time outdoors as possible. So did I as well this week, and, as a result, my presence at school has significantly decreased while I was having long walks by the sea.

 

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However, the week was full of different kind of events, which I am more than happy to share with you. As a Corporate Governance student myself, I will be talking about what our life is like at Hanken. In the beginning of the week we had a tour to Maria 0-1, a community house for ambitious and scalable tech start-ups, supported by the city of Helsinki and the European Union, which we organized together with the Hanken Corporate Governance Student Association (HCGSA). It is quite funny that the house has the same name as I do, but that is a totally different story.

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During the tour it was really interesting to discover all the start-ups that are currently present there in Maria and get some inspiration from them to potentially start a company of my own someday. By the way, did you know, that Finland has a lot of quite well-known start-ups, and in particular in gaming industry? Oh well, but I am not going to talk about that any more since it would make another blog post, but that is definitely something to discover.

However, it was not the only event we had with the HCGSA this week. Later on we had an alumni dinner, which is a nice way to meet new people and old friends who have already graduated. I should say that Corporate Governance students are usually not that big a group of people, but because of this we are able to maintain close connections with each other, and these kind of events are one way to do that. Hearing inspiring stories of our alumni definitely is very encouraging for those of us who are still in search of a job. Moreover, the director of the Corporate Governance program, Prof. Tom Berglund, encourages our student association to host different kind of events (traditionally, we have three dinners per academic year, where we meet with students and academic stuff in a more informal atmosphere, plus other events which vary from year to year), and always attends them himself.

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I mean, where else you can be that close to your professors, right? In Hanken that is the case, we interact with our teachers very often apart from the lectures.

Also the Hanken Centre for Corporate Governance (https://www.hanken.fi/en/about-hanken/organisation/departments-and-subjects/department-accounting-and-commercial-law/hanken) regularly organizes guest lectures by high profile speakers, which are a nice way to get to see how the theoretical concepts we learn apply in real life, as well as get some valuable contacts. We had one this week by Philip Aminoff, who talked about the Finnish and European experience of facilitating peer to peer learning among board members.

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There certainly are plenty of other things going on at Hanken every day, but I can’t really be present on all of them. One I can say for sure: it will never get boring here!

Best of luck!

Mariia

Welcome to the World of Finance

This week has been an exceptionally cold one in Helsinki, with temperatures falling to -12 degrees centigrade! So I thought for my first blog post, I’d take this good opportunity to introduce you to the wonderful life of a finance student at Hanken School of Economics (since very few of us would dare to venture outside to explore the city in this weather!).

Tiny as it maybe compared to other universities in Finland, Hanken contains a whole world inside of it (and one you’d be reluctant to leave when the time comes, trust me!).  There are so many activities arranged by the various student associations that sometimes it is very hard to keep track of everything happening here!

Since I’m a finance student, I’m more in tune with what is going on in the finance department. HankInvest is the student association for all finance students at Hanken (you can visit the website here to stay updated about the association: http://hankinvest.org/). This year’s newly elected board had its kickoff event on the 3rd of February.  It was an amazing night, with live music and great food, and offered the invaluable opportunity to network with people in the same profession as you (the people who’d actually be looking at your job applications aka your future bosses!).

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A few days after that, on February 8, we had a career night in finance, where students were told how to break into Management Consulting and Investment Banking – something I’m very interested in after I graduate! This event focused on the interview and application process, and the representatives gave examples of how the process works. In the second half there was a panel discussion with interns from JP Morgan, McKinsey, EY etc. Such career nights are regularly held for most majors offered at Hanken (but HankInvest is perhaps the most active in arranging these!), and offer invaluable insights into the practical life of working at such institutions. As you can see, after all the serious talk, people let loose with some partying.

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If you can’t attend all events offered here at Hanken and want to experience things at a more individual level, you are welcome to participate in courses and activities especially geared towards honing your competencies. I, for example, signed up to participate in the CFA challenge Finland, where teams from all over the world compete at a local level, and the best teams from around the world then compete in Prague! During the kickoff lunch in November, it was announced that the chosen company this year was Nokia (imagine that!), and my team members and I worked on fitting our considerable analysis in a short 10 page report. There was a lot of writing, rewriting and disagreements but I think we did a good job! We’re now keeping our fingers crossed for the results.

In terms of courses, Hanken has much to offer. Probably one of the best courses I’ve taken so far (and definitely the most practical one in terms of landing my dream job) has been Cases in Finance. The top finance students are handpicked by our finance professor; Timo Korkeamäki to work on a different case each week with a number of top firms from Helsinki and Stockholm. So far, we have worked with PwC, S&P and Lazard. Each time we have received individual feedback on our work from representatives of these intuitions, and have clearly been told what is expected in a presentation should we choose to work at these institutions. The best part is that we’ve been encouraged to contact these representatives directly should we choose to apply for internships!

Hanken hasn’t been even been open for a month since 2017 started, and so much has happened already, with much more to come! Other student ambassadors will be keeping you updated about activities within their departments, as well as the legendary parties thrown by the masters’ committee

There is so much more I could write; one blog post can’t possibly capture the colors of  student life at Hanken. I just wanted to give my perspective on things that are a part of my life here at Hanken, and I hope you’d be curious enough to come join us someday!

A special thanks to HankInvest for all the pictures!

Sasha

 

 

Here we go!

This is not my blog, but our students’. I’m so happy we can introduce Hanken through them to give you the real picture of what we’re all about.

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Now I’m officially handing over this blog to our International Student Ambassadors. If you ever need the more official version of things get in touch. You can always reach us on masters@hanken.fi.

Hanna
Head of Marketing