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2014 was an excellent year for Oulu Business School. Performance indicators show great results in both research and education, with record graduation numbers at all levels. We have to also remember that the success that we saw in 2014 was largely built on the foundations that were laid in recent years. In our business, production processes are long. Keeping that in mind, we continued to build foundations for the forthcoming years to implement our mission even better in the future. Our mission is to generate business competencies in cooperation with the scientific community, business partners, and society at large. We strive to develop expertise, and foster the development of leadership qualities in our students.Through our actions and global mindset, we are participating in the development of the economy, especially in Northern Finland.

Petri SahlstrĂśm, Dean of Oulu Business School

In practice, this means that we will continue to take important steps in further improving the quality of our education programmes, research, and faculty qualifications, as well as the services to our students and other stakeholders. We have completely renewed our Bachelor programme. The major focus is to equip our students with the skills and competencies required in working life now and in

the future. The first cycle of the renewed programme attracted a strong student body, as the number of applicants increased – even though we now have only one BSc programme to offer, compared to the five tracks we had the year before. We also renewed all of our Master programmes. The major focus is to offer an international learning experience to students. Thus, all the programmes are available in English and are open to international students. We have high expectations that we will attract a great number of excellent international students. Of course, the over 400 applications that we received in 2014 is not a bad number either. In terms of our Doctoral degrees, we can be very happy with the progress of our Doctoral students and a record number of awarded degrees. Furthermore, last year almost half of our Doctoral degrees were awarded to international Doctoral students, which is another sign that our internationalisation efforts are yielding results. In terms of attracting students, the AACSB Accreditation seems to be as valuable as we had assumed it would be when beginning the accreditation process in 2010. The effect of receiving the AACSB accreditation at the end of 2013 as the fourth business school in the Nordic countries can now be seen in student recruitment. Cooperation within the AACSB network has also expanded our international partner

Annual Report 2014  
Annual Report 2014