Professorship of urban economics donated to Aalto University

The professorship will provide expertise to the question of cities’ urban vitality and industrial policy.

The cities of Helsinki, Espoo, Vantaa and Kauniainen, as well as Local Government Pensions Institution Keva, MuniFin Municipality Finance and the Association of Finnish Local and Regional Authorities donate a professorship of urban economics to Aalto University. The donation is worth EUR 2.5 million.

Expertise in urban economics supports the development of cities especially in terms of vitality, industrial policy, the benefits of concentration, land use and questions related to the location decisions of companies.

The professorship enables education of experts in the methods of urban economics. Cities continuously produce data about their activities, and this data can be utilised as the research of urban economics grows stronger. In addition, the professor and his/her community will support decision makers and ensure that development is managed in an economically, ecologically, socially and culturally sustainable manner.

'The significance of urban economics offering support to cities’ key decisions and design is growing in Finland, but there are currently no professors focused on urban economics. The professorship will help strengthen the competence base in the field, and for this reason, I want to express a warm thank you to the donors,' says Aalto University President Ilkka Niemelä.

Aalto University is committed to cover the total costs of the professorship for the next 20 years.

The professor will work closely with the Urban Academy and Helsinki Graduate School of Economics (Helsinki GSE). The Urban Academy strengthens the interaction between Aalto University, the cities and the University of Helsinki in order to secure sustainable urban development. Helsinki GSE is a joint project between Aalto University, Hanken School of Economics and the University of Helsinki, and it aims at constructing an internationally competitive graduate school and research unit of economics.

Related news

Nanocellulose bicycle Photo: Eeva Suorlahti
Cooperation, Press releases, Research & Art Published:

Tomorrow's Sustainable Lifestyles Showcased in Otaniemi

One of Helsinki Design Week's main events, Designs for a Cooler Planet, will showcase Aalto University's cross-cutting future prototypes, such as a nanocellulose bicycle, microbial headphones and Ioncell clothes
Aalto Thesis is a multidisciplinary program for making the master's thesis.
Cooperation, Studies, University Published:

Aalto Thesis: Boosting multidisciplinary collaboration and work-life relevance

Aalto Thesis is a newly launched model for an integrated project-based and work-life oriented Master’s Thesis, executed as a part of a multidisciplinary student team.
Accountorille räätälöidyn opiskelijaprojektin tiimi
Cooperation, Studies Published:

Students examined automation possibilities available for financial administration software

Commissioned by Accountor, a set of metrics assessing software automation capabilities were created.
School of Business Alumni Ambassador Markus Helaniemi
Cooperation Published:

Alumni Ambassador’s story: Markus Helaniemi

“Thanks to the business studies, I now understand the customers and corporate challenges better and I know how to be of better use to the customers”, says our Alumni Ambassador Markus Helaniemi. “Besides having the business expertise, common knowledge and wide understanding on the world and societal aspects should be emphasized.”
  • Published:
  • Updated:
Share
URL copied!