Head of the Department:
Associate Professor Sami Torstila
Director of the Master of Finance Program:
Professor Markku Kaustia
Department of Finance,
Aalto University School of Business
Finance deals with two interrelated areas. Corporate Finance includes such questions as analyzing and choosing investment projects, mergers and acquisitions, agency theory, investment banking and obtaining funds from the primary markets, project and trade finance, and capital structure and dividend policy decisions. Financial Markets focuses on issues such as the behavior and determinants of security prices, their implications on portfolio management, behavioral finance and investor psychology, venture capital, risk management, as well as using and pricing options, futures, and other derivatives.
Please, email admissions [at] aalto [dot] fi (firstname.lastname@example.org) for your questions regarding admissions to Bachelor's, Master's and Doctoral programmes in Finance.
Please, email finance-hse [at] aalto [dot] fi (email@example.com) for further information and for all administrative affairs.
PhD Studies at the Department of Finance are organized within the Graduate School of Finance (GSF). The Department of Finance also actively participates in the activities of the Nordic Finance Network (NFN).
President Tuula Teeri promoted Professor of Finance Matti Keloharju as Aalto Distinguished Professor for exceptional academic merits.
"Risk ON / Risk OFF: Risk-Taking Varies with Subjectively Preferred and Disliked Music" by Marja-Liisa Halko and Markku Kaustia