Aalto University

Key figures of 2023 and annual reports

Aalto University continued to stand out in both national and international university evaluations and comparisons. On this page we present key figures of 2023 and the Annual Board Report and Financial Statements.

A woman working with material in the lab — Photo: Aalto University / Kalle Kataila.

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Research

The quality of research developed positively.
The impact of the university’s publication activities is high.
The university published 2 176 international refereed articles in scientific journals.

Infographics_publication quality between 2015 and 2023

Quality of publications

2015–2023

Share of Aalto University publications that belong to the top 10% most highly cited publications in the world in the same subject area. This indicator has been used since 2015.

International academic faculty (%)

2014–2023

Infografics_number of articles between 2014 and 2023

International peer-reviewed articles in scientific journals

2014–2023

Artistic outputs

2014–2023

Includes artistic publications, exhibitions and performances.

Infographics_funding between 2014 and 2023

Competitive research funding (€ million)

2014–2023

International funding includes competitive EU funding and funding from foreign funds and foundations. Other funding includes funding from the Research Council of Finland, Business Finland and companies.

Excellence in research


	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Recipients of European Research Council (ERC) funding	16	17	21	26	26	24	27	28	27	22
Research Council of Finland Centres of Excellence	7	7	7	7	6	6	3	3	7	7
Research Council of Finland Flagships	-	-	-	-	-	3	4	4	4	8
Research Council of Finland Academy Professors	7	6	7	5	5	5	4	2	1	1
Research Council of Finland Research Fellows	36	34	38	40	41	44	44	49	48	57

Professors

At the end of 2023, the university had 413 professors, of whom 334 had been appointed since the establishment of Aalto University.


	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Professors	369	388	386	386	389	390	393	395	404	413
International	17%	18%	20%	22%	24%	24%	26%	27%	27%	28%
Women	17%	20%	19%	20%	20%	21%	20%	22%	24%	24%

Aalto University key research areas

Click on the arrows to see examples of rankings attached to these areas.

ICT and digitalisation

ShanghaiRanking: Telecommunication engineering 51–75 (2022: 40)
QS: Computer science & information systems 84 (2022: 84)
THE: Computer science 86 (2022: 73)

Global business dynamics

THE: Business and economics 84 (2022: 86)
QS: Business and management studies 76 (2022: 74)

Materials and sustainable use of natural resources

QS: Materials sciences 80 (2022: 95)
ShanghaiRanking: Textile science and engineering 41 (2022: n/a)

Arts and design knowledge building

QS: Art & design 6 (2022: 6)

Human-centred living environments

QS: Architecture & built environment 48 (2022: 42)
ShanghaiRanking: Marine/Ocean engineering 19 (2022: 21)
ShanghaiRanking: Civil engineering 101-150 (2022: 201-300)

Advanced energy solutions

ShanghaiRanking: Electrical & electronic engineering 76-100 (2022: 76-100)
QS: Electrical & electronic engineering 104 (2022: 97)

Health and wellbeing

European EngiRank: Medical engineering 7 (2022: n/a)

Note: EngiRank (European Ranking of Engineering Programs) evaluates universities in the EU. All the other rankings presented here compare universities globally.

Education

We work to meet future skills needs by providing pioneering education, which also opens up a broad range of opportunities for lifewide learning

Bachelor's degrees

2014–2023

Bachelor's graduate survey

2014–2023

Average score given by Aalto University bachelor's graduates in the national feedback survey on a scale of 1 to 5.

Master's degrees

2014–2023

Doctoral degrees

2014–2023

Bachelor’s and master’s degree students

2023

*Full-time equivalent degree students

Impact

Our world-class innovation ecosystem is characterised by a multidisciplinary approach, collaboration, openness, startup entrepreneurship, and a wide range of student activities.

Corporate collaboration volume (€ million)

The total amount of corporate income in Aalto University Group. The figure excludes all IPR commercialisation income. The indicator has been calculated since 2015.

Infographics of the portfolio return in 2020-2023

IP portfolio return, net of fees (€ million)

Includes income relating to IPR and technology transfers and changes in fair value. IP portfolio's costs are deducted from the income.

Enabling our success

Equality, diversity and inclusion support the wellbeing and creativity of the community and its ability to promote world-class research, education and impact.
The university had 4 884 personnel at year-end, 59% of them were employed in teaching and research positions.
The long-term campus development programme continued.

Infographics of survey results in 2015-2023

Personnel wellbeing survey

Average of all answers received in the survey on a scale of 1 to 5. The survey is carried out every two years.

Personnel structure development

2014–2023

Infographics of personnel structure 2023

Number of personnel

31 Dec 2023

Developing campus

Infographics of campus development phases between 2018 and 2035

Map of the campus area with buildings and future plans

Campus roadmap

Current and future buildings and blocks in the Otaniemi campus area.

Facility usage (1000 sqm)

2014–2023

Facility costs (€ million)

2014–2023

Total CO₂ emissions (tCO₂e)

2023

CO₂ emissions from buildings (tCO₂e)

2019–2023

Amount of carbon dioxide emissions from energy consumption in university buildings. As of 2021, this indicator is calculated in a new way using the benefit sharing calculation method in regard to the consumed district heating.

Sources and uses of funding (€ million)

2023

Sources of funds (€ million)

2014–2023

Uses of funds (€ million)

2014–2023

Government funding from MEC (€ million)

2010–2023

Group key financial figures (€ million)

Profit and loss

	2022	2023
Turnover	383	403
Expenses	418	440
Operating profit/loss	-35	-37
Fundraising profit/loss	10	4
Endowment profit/loss	-42	102
Financing profit/loss	9	-17
Net profit/loss	-67	49
Net profit-%	-18%	12%

Balance sheet

	2022	2023
Noncurrent assets	1852	1959
Intangible assets	2	2
Tangible assets	575	594
Investments	1275	1362
Current assets	184	121
Total	2036	2080

Equity	1558	1609
Liabilities	478	471
Interest bearing liabilities	321	306
Non-interest bearing liabilities	157	165
Total	2036	2080
Equity ratio	77%	77%