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Department of Finance

Department of Finance

The Department of Finance is the leading finance department in Finland with a strong dedication to research, as shown by a stream of research published in top Finance and Economics journals.

The department runs an excellent seminar series and is equipped with all major finance databases. The department offers finance education at Bachelor, Master and Doctoral level. Finance PhD studies are organized within the Graduate School of Finance (GSF). The Department of Finance also hosts the Nordic Finance Network (NFN).

 

Chydenia building

People

Professors

Vesa Puttonen

Professor of Finance, Head of the Department

Vesa Puttonen, photo by Kreetta Järvenpää

Renée Adams

Visiting Distinguished Professor

Renée Adams, Visiting Distinguished Professor

Zhi Da

Visiting Distinguished Professor

Zhi Da, Visiting Distinguished Professor

Petri Jylhä

Assistant Professor of Finance

Petri Jylhä, photo by Kreetta Järvenpää

Eero Kasanen

Professor Emeritus of Finance

Eero Kasanen

Markku Kaustia

Professor of Finance, Hannes Gebhard Professor in Finance and Insurance

Markku Kaustia, photo by Kreetta Järvenpää

Matti Keloharju

Professor of Finance, Aalto Distinguished Professor

Matti Keloharju

Matthijs Lof

Assistant Professor of Finance

Matthijs Lof, photo by Aino Huovio

Peter Nyberg

Assistant Professor of Finance

Peter Nyberg, photo by Kreetta Järvenpää

Elias Rantapuska

Associate Professor of Finance

Elias Rantapuska

Sean Seunghun Shin

Assistant Professor of Finance

Sean Seunghun Shin, photo by Lasse Lecklin

Antti Suhonen

Professor of Practice in Finance

Antti Suhonen, photo by Lasse Lecklin

Matti Suominen

Professor of Finance

Matti Suominen, photo by Kreetta Järvenpää

Sami Torstila

Associate Professor of Finance

Sami Torstila, photo by Lasse Lecklin

Michael Ungeheuer

Assistant Professor of Finance

Michael Ungeheuer, photo by Lasse Lecklin

Bünyamin Önal

Assistant Professor of Finance

Bünyamin Önal, photo by Kreetta Järvenpää

Job Market Candidates

Mikael Paaso

Doctoral Student

Mikael Paaso, photo by Lasse Lecklin

Petra Vokata

Doctoral Student

Petra Vokatá, photo by Lasse Lecklin

Graduate School of Finance

Mikko Leppämäki

Director, GSF

Mikko Leppämäki, photo by Kreetta Järvenpää

Reetta Ali-Alha

Coordinator, GSF

Reetta Ali-Alha, photo by Lasse Lecklin

Postdoctoral Researchers

Theresa Spickers

Postdoctoral Researcher

Theresa Spickers, photo by Lasse Lecklin

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Research

The Department of Finance's research covers a broad range of topics in the areas of corporate finance and financial markets. The current focus areas in the research are:

  • behavioral finance
  • corporate finance
  • asset pricing.
Latest Publications, Department of Finance

Publications

The Department of Finance actively publishes in leading Finance and Economics journals.

Financial Data, Department of Finance

Financial Data

The Department of Finance has access to high-quality financial databases, such as Datastream, Compustat and CRSP.

Aalto University/Unto Rautio

Aalto Choice Tank

The purpose of Aalto Choice Tank is to provide a state-of-the-art open-access facility in the Aalto University Otaniemi campus area for experimental research in economics and business.

Studies

Bachelor's Admissions

Familiarise yourself with the application processes by selecting the field and degree level suitable for you. The bachelor’s degree is a lower university degree preceding the master’s degree studies. The master’s degree is a higher university degree.

Directing

Master's Programme in Finance

The Master's Programme in Finance prepares you for jobs in the world’s most selective companies in the financial industry.
Finance is a dynamic field filled with challenging work opportunities in e.g. international banking and management consultancy. The Finance Master’s Programme gives you the opportunity to develop a solid scientific approach to financial problems in a dynamic and demanding but supportive, learning-centred environment.

School of Business Finance

CFA University Affiliation Program

Aalto University is a member the CFA Institute University Affiliation Program, widely considered the investment profession’s most rigorous credentialing scheme.

CFA Institute University Affiliation program logo

PhD Programme in Finance

The PhD programme at the Aalto University School of Business is intended for candidates of excellent academic background and intellectual ambition who are motivated in producing research of the highest international level and pursuing careers in the academic and business world.

PhD lecture in Finance, photo: Roope Kiviranta

Seminars

Department of Finance has two weekly seminars:

 

Helsinki Finance Seminar

Helsinki Finance Seminar hosts international guest speakers on Mondays. The presentations take 75 minutes, including discussion. The seminar is organized in co-operation with the Graduate School of Finance (GSF) and Hanken School of Economics. The seminar schedule and contact information of the seminar organizers can be found on the seminar homepage.

Learn more about Helsinki Finance Seminar program

 

Finance Brown Bag Seminar 

The Finance Brown Bag Lunch Seminar is held on Wednesdays from 12:15 to 13:00 at room T004. The Seminar is organized by Assistant Professor Sean S. Shin. All questions related to the seminar can be addressed to him.

Date

Presenter

Paper

9.1.2019

Erkki Vihriälä  (University of Oxford)

Untangling the credit card debt puzzle – persistence, reaction to new liquidity and intra-household optimization

27.2.2019 Ellapulli Vasudevan (Aalto University) Learning to be a short-term investor? Stock specialization and the investment horizon

27.3.2019, Room U006

Jari Karppinen (University of Oulu)

What do hedge funds say?

10.4.2019

Daniel Hauser (Aalto University, Department of Economics)

Social Learning with Model Misspecification: A Framework and A Characterization.

17.4.2019 at 12:30-13:15

NOTE EXCEPTIONAL TIME!

Tarun Chordia (Emory University)

 

24.4.2019

Henry Jarva (Aalto University, Department of Accounting)

The Determinants of CEO Tenure

22.5.2019

Kristian Miltersen (Copenhagen Business School)

 
Graduate School of Finance banner

Graduate School of Finance

Nordic Finance Network

The Department of Finance hosts the Graduate School of Finance (GSF), the national PhD program in Finance, and the Nordic Finance Network (NFN), a collaborative network for research and doctoral training in the Nordic countries.

Contact information

New visiting address from February 18, 2019 onwards:

School of Business building (3rd floor)
Ekonominaukio 1
FI-02150 Espoo
Finland

New postal address from February 18, 2019 onwards:

Department of Finance
Aalto University School of Business
PO BOX 21210
FI-00076 AALTO
FINLAND

Department Administration

Head of the Department: Professor Vesa Puttonen
Secretaries of the Department: Sara Viitala and Reetta Ali-Alha

Inquiries regarding

Aalto-yliopisto Kauppakorkeakoulu julkisivu Ekonominaukio helmikuu 2019 Kuva: Mikko Raskinen

School of Business

Address: Ekonominaukio 1
Open Mon-Thu 7.45-21.00, Fri 7.45-20.00

News

Appointments Published:

Appointment to a tenure track position at the Department of Finance

Dr. Juha Joenväärä has been appointed as Assistant Professor (2nd term) of Finance.
The photo shows people at the awarding ceremony.
Honoured, Studies Published:

School of Business awarded the Courses of the Year

Selecting the Courses of the Year 2018 started a new tradition, which highlights the high quality and ever developing teaching at the School of Business.
Käsi näyttämässä jotain tietokoneen näytöltä
Press releases, Research & Art Published:

Dissertation: Pursuing returns or supporting a cause? Investors are choosing equity crowdfunding for various reasons

The success of equity crowdfunding campaigns depends on many factors, such as campaign characteristics, the company's ability to leverage its networks and how easily understandable the products are, demonstrates a recent doctoral dissertation.
Research & Art Published:

Finance paper accepted to be published in the Journal of Financial Economics

An article by Aleksi Pitkäjärvi, Matti Suominen, and Lauri Vaittinen has been accepted for publication in the Journal of Financial Economics.

Events

Opiskelijat pyöräilevät Väreen edessä

Academic Bicycle Challenge in May for the Aalto community

Sign up to take part in the new international cycling contest for universities and colleges.
U-Create Teaching and Learning Seminar
Lectures and seminars

U-Create Symposium: Teaching Art and Design Across Disciplines

Welcome to the first U-create symposium on transdisciplinarity in art and design. The aim is to share ideas and practices related to art and design pedagogy within the Aalto community.
Visualizing Knowledge 2019 logo
Conferences and workshops

Visualizing Knowledge 2019

Visualizing Knowledge brings together a diverse group of practitioners to discuss data visualization from multiple perspectives. This year’s event is centered around the symbiosis between natural sciences, information design and visual narratives with the key concept of senses – from human senses to machine sensors.
PdP Gala 2018 / Photo: Mikko Raskinen
Exhibitions and fairs

Product Design Gala 2019

Come and fall in love with the results of the interdisciplinary Product Development Project teams on 17 May.
School of Business
Updated 18.4.2019
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