HSE Foundation

Support, Recognition, and Donations to Economic Sciences

In 2007 the HSE Foundation granted €1,105,000 (€979,000 in 2006) to HSE and those operating within it in the form of grants and other support for the purpose of supporting research and teaching activity as well as facilitating studies.
  "HSE Foundation – 33 years
of support for teaching and research in economic sciences"
The focus areas of the support from the foundation, established in 1974, were scientific research, theses, travel grants, international student exchange, teaching development projects, the sabbatical leave system, and various acknowledgement awards.

Awards

A €3,500 award for Researcher of the Year was granted to Professor Kaisa Miettinen in recognition of significant scientific research in the field of mathematical optimization. A €7,000 award for research groups went to ”Human-Centered and User-Experience-based Media and Communication Technologies” research group led by Niklas Ravaja, Ph.D., in recognition of important basic research in the field of psychology and for yielding valuable information on mobile communications.

A €3,500 award for the Study Supervisor of the Year was granted to Professor Matti Keloharju for significant investment in postgraduate supervision in 2006. Additionally, Professors Pekka Korhonen and Mirjaliisa Charles were granted awards of €2,000 in recognition of their high-quality long-term postgraduate supervision.

The Doctoral Thesis of the Year award of €3,500 was granted to D.Sc. (Econ.) Elias Rantapuska for the doctoral thesis of the highest standard in 2006, ”Essays on Investment Decisions of Individual and Institutional Investors.”

In addition, awards of €1,500 for high-quality doctoral theses in 2006 were given to Mikko Jalas, Ph.D., for the doctoral thesis, ”Busy, Wise and Idle Time. A Study of the Temporalities of Consumption in the Environmental Debate,” and Kristiina Mäkelä, D.Sc. (Econ.) for the doctoral thesis, “Essays on Interpersonal Level Knowledge Sharing within the Multinational Corporation.”

The award for Teacher of the Year, €3,500, was granted to Professor Vesa Puttonen and the award for Administrator of the Year, €3,500, was given to administrative officer Minna-Mari Moisio.

Awards for Quality Publications

HSE Foundation grants high-quality publication awards to HSE researchers for research papers published in leading academic journals. The award is given in recognition of especially creditable long-term research.

As in the past two years, awards of €2,000 for high-quality publications were granted for research papers published in journals with an official impact factor of over 1.0 at the time the article was sent or published. A total of 18 such awards for high-quality publications were granted in 2007.

As a new award for high-quality publications, the Board of the HSE Foundation decided to grant an award of €4,000 for articles published in journals included in the Financial Times Top 40 ranking. One such high-quality publication award accordant with the FT Top 40 ranking was granted in 2007 to Professor Liisa Välikangas.

Donations

In addition to property returns, donations from companies, other corporations, and private persons make up a substantial portion of the funds the HSE Foundation bestows as grants and other support.

In 2007, the HSE Foundation received a total of €313,000 as various thesis and activity donations. In addition, Tietoenator Plc donated €25,000 as the basic capital for the Chancellor Matti Lehti Fund, established in the year under review. The same fund also received a donation of €700. The 60th anniversary donations of Director General Veli-Pekka Saarnivaara yielded €6,100 to the anniversary fund.


Helsinki School of Economics Foundation 2007

Chairman of the HSE Foundation Delegation:
Counselor of Commerce, Heikki Timonen, M.Sc. (Econ.)

Deputy Chairman of the HSE Foundation Delegation:
Assistant Managing Director, Pauli K. Mattila, LL.D.

Chairman of the Board of the HSE Foundation:
Aatto Prihti, D.Sc. (Econ.)

Deputy Chairman of the Board of the HSE Foundation:
Matti Lehti, Chancellor, D.Sc. (Econ.)

Members of the Board:
Kari Jordan, President and CEO, M.Sc. (Econ.)
Veikko Jääskeläinen, D.Sc. (Econ.)
Eero O. Kasanen, Rector, D.Sc. (Econ.)
Maija Torkko, M.Sc. (Econ.)
Matti Vuoria, CEO, LL.M.

Managing Director of the Foundation:
Arto Mäenmaa, M.Sc. (Econ.)