Contents and Schedule
The Aalto MBA is a two-year program starting in January. MBA candidates must successfully complete studies worth 90 European Credits (EC). Studies include all 10 core modules, 7 elective modules, a personal development process (4.5 EC) and a Business Project (9 EC). One module is generally equivalent to three European Credits. Study tours (4.5 EC, 1 elective module) and international exchanges are optional.
MBA modules are offered in the form of flexible 1-week courses taught by faculty from the world's leading business schools.
The complete program comprises
- 10 core modules
- 7 elective modules
- a self-development process
- a business project
- an optional study tour
- an optional exchange period abroad
The program has a modular structure and follows a six-week learning cycle. Modules are typically run once a month with five in-class sessions over 1 week. Classes are held mainly in the evening and on Saturdays with a total of 30 contact hours.
Class sessions are highly interactive. They use a variety of learning methods including case studies, guided discussions, group projects, business games and lectures. Class attendance is mandatory.
Each module contains a pre-assignment and a take-home or in-class exam.
The ten core modules are designed to provide students with a wide understanding of the different key areas of business. They are the building blocks of management education and help students to integrate knowledge in the various management disciplines with hands-on practice.
The core modules are
- Roadmap to General Management
- Financial Accounting
- Foundations of Finance
- International Macroeconomics
- Managerial Accounting
- Marketing Management
- Operations Management
- Strategic HRM
- Strategic Management
- Business Simulation
The Aalto MBA program includes a range of elective modules in addition to the core modules offered during the first year. The second year of studies focuses on the elective modules. Students can select electives in three areas of concentration: Applied Finance and Accounting, Entrepreneurship and Innovation, or Renewal and Transformation. The Aalto MBA students can also undertake some of the modules as exchange students at one of our top international partner universities. Elective studies enable students to acquire knowledge that matches their individual interests.
Applied Finance and Accounting
The Applied Finance and Accounting concentration is targeted towards students who want to increase their knowledge of complex international finance issues as well as apply finance and accounting theory to real-world decision-making.
Entrepreneurship and Innovation
The concentration in Entrepreneurship and Innovation exposes students to the environment of entrepreneurial activity in both start-up and corporate environments. The modules offer tangible tools and knowledge as well as inspiration for people aspiring to start their own business. In addition, they explore corporate entrepreneurship and the benefits of an entrepreneurial spirit to large-scale enterprises, and discuss the challenges of becoming an entrepreneurial leader.
Renewal and Transformation
In the spirit of Aalto University, the concentration in Renewal and Transformation examines the world of business from a multidisciplinary perspective. Students are encouraged to challenge conventional management thinking and examine it from new perspectives.
MBA Study Tour
Students can participate in an MBA Study Tour as a part of the program. Designed to provide a more comprehensive understanding of the international business environment, the Study Tour typically involves a five-day study period with a well-planned combination of lectures, open discussions and case discussions. The Study Tour will have a rotating theme and destination every year and is open to all Executive MBA and MBA students in all Aalto E/MBA programs, including international locations such as Singapore, Taiwan and Poland. The Study Tour is equal to one elective course and is not mandatory. The Study Tour fee and expenses are not included in the Aalto MBA program tuition fee.
MBA Business Project – Challenge Your Newly Learned Knowledge
Students are expected to work on an MBA Business Project towards the end of the program. Working in groups, the projects allow students to apply what they have learned to a real-life business situation. The topic of the business project is based on the interests of the students and can be from a student's company. In this exciting context, you will mobilize the frameworks and analytical tools learned in class to blend knowledge with judgement and initiative.
Business Simulation – Linking the Skills Together
Completed at the end of the studies, the Business Simulation integrates learning from different areas of the program in an innovative and inspiring way. It challenges students to link together the knowledge and skills gained throughout the program and apply them in practice to a complex business situation.
Personal Development Process
The Personal Development Process supports students' learning and personal development throughout their MBA studies. The process is designed around four steps that will allow students to explore personal leadership, self-management and well-being philosophies and practices. The process supports students in building a sustainable base for continuous self-development.