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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
Welcome to the new and developing finance.aalto.fi!

People

Professors

Vesa Puttonen

Professor of Finance, Head of the Department

Vesa Puttonen, photo by Kreetta Järvenpää

Harrison Hong

Visiting Distinguished Professor of Finance

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 centre of Helsinki 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 Seminar is held during spring term in Hanken School of Economics and during fall term in the Aalto University School of Business. 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 H-535. The Seminar is organized by Assistant Professor Sean S. Shin. All questions related to the seminar can be addressed to him.

Date

Presenter

Paper

19.9.2018

Matias Möttölä (MorningStar, CFA Finland)

Fixed-income managers' odds of success and other Morningstar research

3.10.2018

Matthijs Lof (Aalto University)

Expected Returns and Expected Dividend Growth: A Local Projection Approach

31.10.2018

Pekka Honkanen (HEC Paris)

Securities lending by active and passive funds

21.11.2018

Antti Suhonen (Aalto University)

A decade of alternative risk premia investing

12.12.2018

Mikael Paaso (Aalto University)

Extrapolation and Real Investment

Thursday 13.12.2018 at 14:15 in G-112

Samuli Knupfer  (BI Norwegian Business School)

 

9.1.2019

Erkki Vihriälä  (University of Oxford)

 
Past Brown Bags
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

Visiting address

Chydenia building, 2nd floor
Runeberginkatu 22-24
FI-00100 Helsinki
Finland

Postal address

Department of Finance
Aalto University School of Business
PO BOX 21220
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

Chydenia building

Chydenia

Runeberginkatu 22–24, Helsinki. Mon-Fri 8.00-19.30

News

School of Business main building relief Paikan henki, photo by Aki-Pekka Sinikoski
Research & Art Published:

RESEARCH ASSISTANTS FOR ACADEMY PROFESSOR

Academy Professor Matti Keloharju is looking for academically strong, dedicated students who have the potential to develop into excellent researchers.
Studies Published:

Aalto becomes a member of the CFA Institute University Affiliation Program

Aalto has been welcomed into the Program, which is widely considered the investment profession’s most rigorous credentialing scheme.
students-design-shop-installation
Honoured Published:

QS Ranking: Aalto places 140th in the world

Aalto is #1 in Finland with regard to relative number of research citations and employer reputation.
Mathematics and Systems Analysis research
Cooperation Published:

World Challenge 2018 Finals in Finland on 27–30 August – work for a better world

Innovators are invited to develop apps that improve life on earth by utilising satellite data.

Events

School of Business