JYVÄSKYLÄ UNIVERSITY SCHOOL OF BUSINESS AND ECONOMICS
Annual Review
2013
JYVÄSKYLÄ UNIVERSITY SCHOOL OF BUSINESS AND ECONOMICS
Jyväskylä University School of Business and Economics Annual Review 2013 September 2014 Jyväskylä University School of Business and Economics P.O.Box 35 FI-40014 University of Jyväskylä www.jyu.fi/jsbe/en
Cover Photo: Pörrö / flickr https://www.flickr.com/photos/pesis/2558015531/
Annual Review 2013
JSBE at a glance Jyväskylä University School of Business and Economics (JSBE) is one of the seven faculties at the University of Jyväskylä. Education in business and economics has been offered in Jyväskylä since 1967. As part of an internationally renowned multidisciplinary research university, we strive for excellence in research and education in key fields of business and economics. Our disciplines include economics, management and leadership, accounting, marketing, strategy and entrepreneurship, and corporate environmental management. We educate academic experts, leaders, and entrepreneurs at all levels of academic education (bachelor, master and doctoral) as well as offer executive education. In addition, we provide education in business studies and entrepreneurship to students of other faculties at the University. Our Avance Executive Education is one the leading MBA educators in Finland, and has been awarded the international AMBA accreditation. We effectively combine theory and practice to promote responsible business and policy-relevant economics in cooperation with our partner organisations. The number of personnel at JSBE is 112, out of which 21 are professors. The number of students is approximately 1 500.
Main achievements in 2013
R The number of Master’s degrees grew 24.5 % from the previous year, and exceeded the target, which was raised notably from the previous year, by 15 %. 173 Master of Science degrees were awarded at JSBE in 2013.
R The number of Doctoral degrees awarded rose to 21, which is an all-time record at JSBE. This was also the highest number of Doctoral degrees awarded among all units offering education in business and economics in Finland in 2013.
R The number of applicants increased in all programmes.
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Annual Review 2013
Key figures of 2013 *figures of 2012 in brackets Students Undergraduate programmes Doctoral programmes MBA programme
1104 (1112) 195 (195) 234 (217)
Percentage of international degree students Number of outgoing exchange students Number of incoming exchange students
7,2 (7,3) 48 (63) 53 (56)
Degrees Bachelor’s degrees Master’s degrees Doctoral degrees
121 (110) 173 (139) 21 (15)
MBA graduates
33 (52)
ECTS credits produced Including teaching offered at the Open University For major studies For minor studies Total
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38 329 (35 323) 16 373 (17 208) 54 702 (52 531)
Annual Review 2013
Applicants /Accepted BSc and MSc degree programme, Economics Applicants Accepted
598 (534) 40 (40)
BSc and MSc degree programme, Business studies Applicants Accepted
796 (731) 90 (90)
MDP in Corporate Environmental Management Applicants Accepted
104 (117) 24 (22)
MDP in International Business and Entrepreneurship Applicants Accepted
223 (116) 12 (17)
MBA programme
Accepted
42 (61)
Research Scientific publications Peer-reviewed publications JUFO 2 JUFO 3 Amount of competition-based external research funding
Total personnel Professors
94 (91) 64 (69) 18 (10) 6 (2) 452 401 â‚Ź (915 259 â‚Ź)
Personnel
112 (112) 21 (22)
Full time equivalent
Total personnel Teaching and research personnel
100,22 (99,41) 73,23 (72,69)
Percentage of international faculty
9,3% (5,7%)
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Annual Review 2013
Highlights from teaching, research and societal impact from 2013 A record year in Doctoral degrees at JSBE
In 2013, 21 Doctoral degrees were awarded at JSBE, which is a new record. The previous record, 16 Doctoral degrees, was reached in 2009.
Toni Hukkanen is the Teacher of the Year 2013
University Lecturer Toni Hukkanen was awarded for his excellence in teaching at the Grand Annual Ball of Pörssi ry (the student association of JSBE) in Jyväskylä on 8th November 2013. The Teacher of the Year prize is annually awarded for a JSBE teacher who has excelled in teaching and whose work the students appreciate. Hukkanen has taught courses in information technology and mathematics at JSBE since 2012, and has planned and implemented his courses in a very student-friendly way. His close collaboration with the School of Business and Economics and the student body, and his dedication to the quality of course content and teaching is visible both in the renewed course selection in the disciplines he teaches as well as in the praising arguments leading to the favourable selection.
JSBE students were recognised in the Aspen Case Competition
JSBE attended the international Aspen Case Competition for the fourth time in 2013. 15 JSBE students divided into four teams took on the challenge. The invitation-only competition was attended by students from 25 universities from around the world. The student team from the Master’s Programme in Corporate Environmental Management, including Nicolas Bauer, Chad Edwards, Ville Heimgartner and Philip Mueller, finished on places 6–10 and was awarded with a commendation. In the Case Competition, sustainability of the palm oil industry was examined, and especially the sustainability of the actions and strategic decisions of the world’s second largest palm oil company, Indonesian Golden Agri-Resources.
Avance Executive MBA – a meeting place for experts
Avance Executive Education successfully implements the Executive MBA programme, which has been accredited with the international AMBA quality recognition. In 2013, the EMBA Success Strategies opening programme gathered 43 participants from all over Finland. Avance is developing its international activities by creating programmes in English for international executives and EMBA/MBA groups. In June 2013, the two-week programme Future of Europe was organised in Jyväskylä, Helsinki and Barcelona. A group of 19 persons from the Singapore Institute of Management (SIM) participated in the programme.
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Annual Review 2013
Research results: Corporate responsibility should be a natural part of daily work
The JSBE Corporate Environmental Management Research Group and the Finland Futures Research Centre (FFRC) collaborated on a research project which examined the utilisation of knowledge on corporate responsibility in three Finnish companies. It was discovered in the project, that the personnel of a company often do not recognise the aspects of corporate responsibility in their own work. However, the personnel consider corporate responsibility an important factor and desire an active role in issues regarding corporate responsibility. The researchers encourage companies to give their personnel a more active role in contributing to corporate responsibility. Companies should find various ways to implement corporate responsibility, which are meaningful also for the personnel, and which the employees can directly include in their daily work.
JSBE hosted the ENROAC 2013 conference
JSBE hosted the 9th international management accounting conference in Jyväskylä on 5th–7th June 2013. The three-day ENROAC (European Network for Accounting and Organisational Change) conference is held every other year, and was now organised in Finland for the first time. The conference gathered some 100 participants from 20 different countries. Most of the participants came from Europe, but some guests arrived all the way from Australia, Brazil and Canada.
Significant support for teaching and research from the Merchants Guild Foundation
The traditional scholarship banquet of the Jyväskylä Merchants Guild Foundation and the Emperor Alexander the 2nd Scholarship Fund of the Jyväskylä Merchants Guild was held in the Old Festival Hall of the University on 13th February 2013. At the banquet, the Foundation granted a total of 256 000 € to economic studies and activities in the Jyväskylä area. Out of this sum, 200 000 € was granted to the development of JSBE, funding of doctoral studies, globalisation, and teaching. Matti Vanhanen, the Head of the Finnish Family Firms Association and the former Prime Minister of Finland, was the keynote speaker of the event.
Two Honorary Doctors promoted for JSBE
In the 8th promotion ceremony of the University of Jyväskylä on Saturday 24th August 2013, 15 persons were awarded with Honorary Doctorates. Individuals who have excelled in their work and in societal or scientific duties can be promoted Honorary Doctors. Doctor Bertil Holmlund (Uppsala University) and CEO Kuisma Niemelä (SOK) were promoted as Honorary Doctors of JSBE.
Danske Bank is the Economic Fortune Teller of 2012
JSBE elected the best Finnish economic forecaster of the year for the 16th time. The traditional prize, the crystal ball, was given to the Head Economist of Danske Bank, Pasi Kuoppamäki, at the 30th Annual Summer Seminar of Finnish Economists, held in Jyväskylä on 12th–13th June 2013. The accuracy of the forecasters was tested by comparing their forecasts to the actual changes in the 2012 economic situation. Ten economic forecasting institutions and banks took part in the competition: Research Institute of the Finnish Economy (ETLA), Labour Institute for Economic Research, Pellervo Research Institute, Ministry of Finance, Bank of Finland, OP Pohjola Group, Nordea, Aktia, Danske Bank and Handelsbanken. 7
JYVÄSKYLÄ UNIVERSITY SCHOOL OF BUSINESS AND ECONOMICS
Jyväskylä University School of Business and Economics P.O.Box 35 FI-40014 University of Jyväskylä www.jyu.fi/jsbe/en