JSBE Brochure and Annual Report 2018

A year in review Jyväskylä University School of Business and Economics

JSBE AT A GLANCE �

2018

4 Forewords 6 JSBE stakeholders 8 The AACSB accreditation awarded for JSBE Key 10 Figures

12Wrapped Year 2018: 18 Dissertations 19JYU About

Editor

Iiro Vuori

Photography

Petteri Kivimäki, Matias Ulfves, Jani Rutanen, Iiro Vuori

Design & Concept Leevi Sorri

4 Forewords 6 JSBE stakeholders 8 The AACSB accreditation awarded for JSBE Key 10 Figures

12Wrapped Year 2018: 18 Dissertations 19JYU About

Editor

Iiro Vuori

Photography

Petteri Kivimäki, Matias Ulfves, Jani Rutanen, Iiro Vuori

Design & Concept Leevi Sorri

JSBE IS A FULL-SERVICE BUSINESS SCHOOL

4

Jyväskylä University School of Business and Economics (JSBE) is one of the six faculties of the University of Jyväskylä. Education in business and economics has been offeredin Jyväskylä since 1967. As a part of an internationally renowned multidisciplinary university noted for its high-quality researchand innovativeness in advancing learning and teaching, we are committed to continuously improving quality in both research and research- based education within the key fields of business and economics. Our disciplines include accounting, corporate communication, corporate environmental management, economics, management and leadership, marketing, and strategy and entrepreneurship.

Pic: Petteri Kivimäki

JSBE strives for enabling excellence for the future in responsible business, digital business and economy, and policy-relevant economics.

We effectively combine theory and practice to promote responsible business, digital business and economy, and policy-relevant economics in cooperation with our partner organisations.

Our bachelor’s, master’s and doctoral education prepares academic experts, leaders and entrepreneurs

JSBE AT A GLANCE ───── 2019

to meet the needs of society. We also provide business and entrepreneurship studiesfor students of the University’s other faculties. Furthermore, our Avance Executive Education is one of the leading MBA educators in Finland, and it has been awarded the international AMBA accreditation. In 2018 JSBE was also awarded the AACSB (Association to Advance Collegiate School of Businesses) accreditation.

JSBE’s four international Master’s degree programmes are offered in the fields of Banking and International Finance (BIF), Corporate Environmental Management (CEM), Digital Marketing and Corporate Communication (DMCC), and International Business and Entrepreneurship (IBE). Our doctoral programmes are taught exclusively in English. Exchange students can take courses from our course programme in English, which is also open for Finnish and international degree students.

JSBE serves about 1.500 students with its 120 faculty and staff members.

Hanna-Leena Pesonen DEAN

JSBE AT A GLANCE ───── 2019

5

JSBE IS A FULL-SERVICE BUSINESS SCHOOL

4

Jyväskylä University School of Business and Economics (JSBE) is one of the six faculties of the University of Jyväskylä. Education in business and economics has been offeredin Jyväskylä since 1967. As a part of an internationally renowned multidisciplinary university noted for its high-quality researchand innovativeness in advancing learning and teaching, we are committed to continuously improving quality in both research and research- based education within the key fields of business and economics. Our disciplines include accounting, corporate communication, corporate environmental management, economics, management and leadership, marketing, and strategy and entrepreneurship.

Pic: Petteri Kivimäki

JSBE strives for enabling excellence for the future in responsible business, digital business and economy, and policy-relevant economics.

We effectively combine theory and practice to promote responsible business, digital business and economy, and policy-relevant economics in cooperation with our partner organisations.

Our bachelor’s, master’s and doctoral education prepares academic experts, leaders and entrepreneurs

JSBE AT A GLANCE ───── 2019

to meet the needs of society. We also provide business and entrepreneurship studiesfor students of the University’s other faculties. Furthermore, our Avance Executive Education is one of the leading MBA educators in Finland, and it has been awarded the international AMBA accreditation. In 2018 JSBE was also awarded the AACSB (Association to Advance Collegiate School of Businesses) accreditation.

JSBE’s four international Master’s degree programmes are offered in the fields of Banking and International Finance (BIF), Corporate Environmental Management (CEM), Digital Marketing and Corporate Communication (DMCC), and International Business and Entrepreneurship (IBE). Our doctoral programmes are taught exclusively in English. Exchange students can take courses from our course programme in English, which is also open for Finnish and international degree students.

JSBE serves about 1.500 students with its 120 faculty and staff members.

Hanna-Leena Pesonen DEAN

JSBE AT A GLANCE ───── 2019

5

JSBE STAKEHOLDERS

JSBE Research: JSBE Research Groups, JSBE Research Committee, JSBE Doctoral School

CO-OPER ATION

Co-operation: JSBE Faculty Council

RE

ON

SE

I AT

AR

UC

CH

ED

6

Education: JSBE Student Associations, JSBE Education Committee, JSBE Student & International Services

7

JYU

FINLAND

Research: Research Groups in Other Faculties, JYU Research Council, JYU Research & Innovation Services, JYU Doctoral School, Open Science Centre & Library

Research: Universities & Research Institutions, Research Partners in Business, Statistics Finland, Funding: Academy of Finland, Business Finland, Foundations, Companies, Finnish Doctoral Programmes KAVA & KATAJA

Co-operation: JYU Working Groups

Co-operation: Pörssi Alumni Association, Association of Business Schools Finland, Other Finnish Business Schools,JSBE Faculty Members’ Positions in Boards, Committees, etc.

Education: JYU Education Council, Language Centre, Open Science Centre & Library, Other Faculties, Open University, JYU Student, International & Career Services

Education: National Student Application System for University Business Schools, The Finnish Association of Business School Graduates, Student Internships in Business and Other Organizations

CENTRAL FINLAND INTERNATIONAL

Research: Research Partners in Business

Research: Universities & Research Institutions, Funding (EU), EIASM, Doctoral Courses and Summer Schools

Co-operation: JAMK University of Applied Sciences, Regional Council of Central Finland, Central Finland Chamber of Commerce, Jyväskylä Strategy Club, Jyväskylä Merchants’ Guild, JSBE Faculty Members’ Positions in Boards, Committees, etc.

Co-operation: AACSB, AMBA, JSBE Faculty Members’ Positions in Boards, Committees, etc.

Education: Jyväskylä Entrepreneurship Society, Jyväskylä Business and Innovation Factory, Student Internships in Business and Other Organizations

JSBE AT A GLANCE ───── 2019

Education: Student Exchange Networks, e.g. Erasmus, Nordplus Norek, Student Internships in Business and Other Organizations

JSBE AT A GLANCE ───── 2019

JSBE STAKEHOLDERS

JSBE Research: JSBE Research Groups, JSBE Research Committee, JSBE Doctoral School

CO-OPER ATION

Co-operation: JSBE Faculty Council

RE

ON

SE

I AT

AR

UC

CH

ED

6

Education: JSBE Student Associations, JSBE Education Committee, JSBE Student & International Services

7

JYU

FINLAND

Research: Research Groups in Other Faculties, JYU Research Council, JYU Research & Innovation Services, JYU Doctoral School, Open Science Centre & Library

Research: Universities & Research Institutions, Research Partners in Business, Statistics Finland, Funding: Academy of Finland, Business Finland, Foundations, Companies, Finnish Doctoral Programmes KAVA & KATAJA

Co-operation: JYU Working Groups

Co-operation: Pörssi Alumni Association, Association of Business Schools Finland, Other Finnish Business Schools,JSBE Faculty Members’ Positions in Boards, Committees, etc.

Education: JYU Education Council, Language Centre, Open Science Centre & Library, Other Faculties, Open University, JYU Student, International & Career Services

Education: National Student Application System for University Business Schools, The Finnish Association of Business School Graduates, Student Internships in Business and Other Organizations

CENTRAL FINLAND INTERNATIONAL

Research: Research Partners in Business

Research: Universities & Research Institutions, Funding (EU), EIASM, Doctoral Courses and Summer Schools

Co-operation: JAMK University of Applied Sciences, Regional Council of Central Finland, Central Finland Chamber of Commerce, Jyväskylä Strategy Club, Jyväskylä Merchants’ Guild, JSBE Faculty Members’ Positions in Boards, Committees, etc.

Co-operation: AACSB, AMBA, JSBE Faculty Members’ Positions in Boards, Committees, etc.

Education: Jyväskylä Entrepreneurship Society, Jyväskylä Business and Innovation Factory, Student Internships in Business and Other Organizations

JSBE AT A GLANCE ───── 2019

Education: Student Exchange Networks, e.g. Erasmus, Nordplus Norek, Student Internships in Business and Other Organizations

JSBE AT A GLANCE ───── 2019

THE AACSB ACCREDITATION AWARDED TO JSBE

Pic: Iiro Vuori

8

9

The AACSB International (Association to Advance Collegiate Schools of Business) accreditation is the most significant international recognition to an educational institution of economics for high-quality teaching and research. Only about five percent of all institutions in the field have received the AACSB accreditation.

ACCREDITATION RAISES JSBE’S INTERNATIONAL PROFILE - We are very happy and proud about the accreditation – it is important for the Jyväskylä University School of Business and Economics as well as for the whole University. This five-year accreditation process represents the active, systematic and per-

sistent development of our operations. The process has involved a huge number of people and I want to thank all staff members, students and partners for their cooperation, says Professor Hanna-Leena Pesonen, Dean of JSBE. In particular, the AACSB accreditation raises the international profile of JSBE. It also offers JSBE better opportunities in the international education and research market. JSBE is the fourth Finnish educational institution in economics to achieve the AACSB accreditation.

JSBE IS STRONGLY COMMITTED TO QUALITY WORK As JSBE’s key strengths AACSB mentioned e.g. the

JSBE AT A GLANCE ───── 2019

strong and stable leadership, and the friendly and supportive culture among faculty, professional staff and students. In addition to them, AACSB applauded JSBE’s clearly defined multi-disciplinary research focus areas and the very active and engaged student association. JYU Student Life program, personal study plans (HOPS) and tutor program were seen as effective and supportive practices for students.

According to AACSB, both JSBE and University of Jyväskylä demonstrate a strong focus on the quality of education and research. This was evidenced by evidence of high levels of student satisfaction, strong employment outcomes for graduates and an upward trend in number of publications by faculty in highly ranked international peer-reviewed journals. Also JSBE’s and JYU Rector Keijo

Hämäläinen’s commitment to continuous improvement was acknowledged.

AACSB Peer Review Team visited JSBE and evaluated its operations in October 2018. The team reviewed e.g. JSBE faculty and doctoral students’ competence, research output’s quality and effectivity, and implementation of study programs.

AACSB Accreditation requires continuous quality improvement and development of operations, and it is re-evaluated every five years. �

JSBE AT A GLANCE ───── 2019

THE AACSB ACCREDITATION AWARDED TO JSBE

Pic: Iiro Vuori

8

9

The AACSB International (Association to Advance Collegiate Schools of Business) accreditation is the most significant international recognition to an educational institution of economics for high-quality teaching and research. Only about five percent of all institutions in the field have received the AACSB accreditation.

ACCREDITATION RAISES JSBE’S INTERNATIONAL PROFILE - We are very happy and proud about the accreditation – it is important for the Jyväskylä University School of Business and Economics as well as for the whole University. This five-year accreditation process represents the active, systematic and per-

sistent development of our operations. The process has involved a huge number of people and I want to thank all staff members, students and partners for their cooperation, says Professor Hanna-Leena Pesonen, Dean of JSBE. In particular, the AACSB accreditation raises the international profile of JSBE. It also offers JSBE better opportunities in the international education and research market. JSBE is the fourth Finnish educational institution in economics to achieve the AACSB accreditation.

JSBE IS STRONGLY COMMITTED TO QUALITY WORK As JSBE’s key strengths AACSB mentioned e.g. the

JSBE AT A GLANCE ───── 2019

strong and stable leadership, and the friendly and supportive culture among faculty, professional staff and students. In addition to them, AACSB applauded JSBE’s clearly defined multi-disciplinary research focus areas and the very active and engaged student association. JYU Student Life program, personal study plans (HOPS) and tutor program were seen as effective and supportive practices for students.

According to AACSB, both JSBE and University of Jyväskylä demonstrate a strong focus on the quality of education and research. This was evidenced by evidence of high levels of student satisfaction, strong employment outcomes for graduates and an upward trend in number of publications by faculty in highly ranked international peer-reviewed journals. Also JSBE’s and JYU Rector Keijo

Hämäläinen’s commitment to continuous improvement was acknowledged.

AACSB Peer Review Team visited JSBE and evaluated its operations in October 2018. The team reviewed e.g. JSBE faculty and doctoral students’ competence, research output’s quality and effectivity, and implementation of study programs.

AACSB Accreditation requires continuous quality improvement and development of operations, and it is re-evaluated every five years. �

JSBE AT A GLANCE ───── 2019

STUDENTS

2017

2018

Bachelor's and Master's Degree programmes

1210 (6,2%)*

1 260 (6,6%)*

Doctoral programmes

141 (18,2%)*

139 (18%)*

Outgoing exchange students

75

81

Incoming exchange students

94

83 of which international students*

APPLICANTS / ACCEPTED STUDENTS

JSBE KEY FIGURES

10

RESEARCH

2017

2018

Scientific publications

135

127

2017

2018

Applicants

Accepted

Applicants

Accepted

BSc and MSc degree programme, Economics

1670

45

1524

45

BSc and MSc degree programme, Business studies

1435

110

1460

110

MDP in Banking and International Finance

54

6

111

7

MDP in Corporate Environmental Management

45

22

68

16

MDP in Digital Marketing and Corporate Communication

63

20

108

17

MDP in International Business and Entrepreneurship

108

24

158

16 11

Peer-reviewed publications

110

115

DEGREES AWARDED

JUFO 2

26

35

Bachelor's degrees

152

106

174

167

2016

2017

JUFO 3

12

18

Master's degrees

FT50

3

2

Doctoral degrees

9

11

1 424 654 €

1 107 319 €

14 %

12 %

EXECUTIVE MBA

2017

2018

MBA students

129

116

Accepted students*

39

38

39

45

External research funding (€) Share of total funding

PERSONNEL

2017

2018

MBA graduates

Total personnel

111

114

*The decision on admission into the EMBA program is made by the EMBA Board. Admission to the EMBA program is mainly based on suitable work experience in

99 (23)*

101 (25)*

Teaching and research personnel

managerial or senior level position (minimum of 3 years). All the enquiries are carefully considered and the suitable students are accepted to the program.

ECTS CREDITS PRODUCED*

Full time equivalent

2017

2018

Total personnel

91,9

96,8

For major students

37 867

37 367

Teaching and research personnel

79,0

82,8

For minor students

18 622

16 119

10,6 %

12,5 %

TOTAL

56 489

53 486

Percentage of international faculty

of which Professors*

JSBE AT A GLANCE ───── 2019

*for bachelor’s and master’s degree students

JSBE AT A GLANCE ───── 2019

STUDENTS

2017

2018

Bachelor's and Master's Degree programmes

1210 (6,2%)*

1 260 (6,6%)*

Doctoral programmes

141 (18,2%)*

139 (18%)*

Outgoing exchange students

75

81

Incoming exchange students

94

83 of which international students*

APPLICANTS / ACCEPTED STUDENTS

JSBE KEY FIGURES

10

RESEARCH

2017

2018

Scientific publications

135

127

2017

2018

Applicants

Accepted

Applicants

Accepted

BSc and MSc degree programme, Economics

1670

45

1524

45

BSc and MSc degree programme, Business studies

1435

110

1460

110

MDP in Banking and International Finance

54

6

111

7

MDP in Corporate Environmental Management

45

22

68

16

MDP in Digital Marketing and Corporate Communication

63

20

108

17

MDP in International Business and Entrepreneurship

108

24

158

16 11

Peer-reviewed publications

110

115

DEGREES AWARDED

JUFO 2

26

35

Bachelor's degrees

152

106

174

167

2016

2017

JUFO 3

12

18

Master's degrees

FT50

3

2

Doctoral degrees

9

11

1 424 654 €

1 107 319 €

14 %

12 %

EXECUTIVE MBA

2017

2018

MBA students

129

116

Accepted students*

39

38

39

45

External research funding (€) Share of total funding

PERSONNEL

2017

2018

MBA graduates

Total personnel

111

114

*The decision on admission into the EMBA program is made by the EMBA Board. Admission to the EMBA program is mainly based on suitable work experience in

99 (23)*

101 (25)*

Teaching and research personnel

managerial or senior level position (minimum of 3 years). All the enquiries are carefully considered and the suitable students are accepted to the program.

ECTS CREDITS PRODUCED*

Full time equivalent

2017

2018

Total personnel

91,9

96,8

For major students

37 867

37 367

Teaching and research personnel

79,0

82,8

For minor students

18 622

16 119

10,6 %

12,5 %

TOTAL

56 489

53 486

Percentage of international faculty

of which Professors*

JSBE AT A GLANCE ───── 2019

*for bachelor’s and master’s degree students

JSBE AT A GLANCE ───── 2019

YEAR 2018: WRAPPED

12

SUCCESS IN INTERNATIONAL RANKINGS Jyväskylä University School of Business and Economics did well in international rankings. In Shanghai’s 2018 Academic Ranking of World Universities list, University of Jyväskylä ranked in position 301 - 400 in subjects of Management and Business Administration. Times High Education also ranked JSBE in position 301 – 400.

MARKETING RESEARCH WIDELY RESPECTED AND AWARDED Scientific paper published by the researchers of JSBE once again gained recognition, especially in the field of marketing. Janne Hepola, Heikki Karjaluoto and Anni Hintikka with their article ”The effect of sensory brand experience and involvement on brand equity directly and indirectly through consumer brand engagement” won the honourable mention awarded by Emerald Literati Awards.

Karjaluoto’s research received another award in 2018, when the paper by him and Joel Mero titled “The Use of Web Analytics for Digital Marketing Performance Measurement” was selected as the best

research paper of 2017 by the leading scientific magazine of industrial marketing, Industrial Marketing Management. The article was also the magazine’s most downloaded article of the year.

13

KASVU OPEN CONTINUES TO GROW The sparring event for small and medium sized businesses Kasvu Open, which was developed by JSBE in association with Central Finland Chamber of Commerce was more successful than ever in 2018. In 2018 over 900 experienced managers will meet 450 small and medium size companies for a total amount of time exceeding 4550 hours.

Pic: Matias Ulfves

Kasvu Open received an internationalization award from the President of Finland rewarded for its accomplished work in promoting Finland abroad. The award was given by the President of Finland. Kasvu Open also received an award for outstanding international work given by the European Commission in Graz, Austria.

NOTABLE DONATIONS FROM MERCHANT’S GUILD AND OP FINANCIAL GROUP As is tradition, the Merchant’s Guild of Jyväskylä

JSBE AT A GLANCE ───── 2019

JSBE AT A GLANCE ───── 2019

YEAR 2018: WRAPPED

12

SUCCESS IN INTERNATIONAL RANKINGS Jyväskylä University School of Business and Economics did well in international rankings. In Shanghai’s 2018 Academic Ranking of World Universities list, University of Jyväskylä ranked in position 301 - 400 in subjects of Management and Business Administration. Times High Education also ranked JSBE in position 301 – 400.

MARKETING RESEARCH WIDELY RESPECTED AND AWARDED Scientific paper published by the researchers of JSBE once again gained recognition, especially in the field of marketing. Janne Hepola, Heikki Karjaluoto and Anni Hintikka with their article ”The effect of sensory brand experience and involvement on brand equity directly and indirectly through consumer brand engagement” won the honourable mention awarded by Emerald Literati Awards.

Karjaluoto’s research received another award in 2018, when the paper by him and Joel Mero titled “The Use of Web Analytics for Digital Marketing Performance Measurement” was selected as the best

research paper of 2017 by the leading scientific magazine of industrial marketing, Industrial Marketing Management. The article was also the magazine’s most downloaded article of the year.

13

KASVU OPEN CONTINUES TO GROW The sparring event for small and medium sized businesses Kasvu Open, which was developed by JSBE in association with Central Finland Chamber of Commerce was more successful than ever in 2018. In 2018 over 900 experienced managers will meet 450 small and medium size companies for a total amount of time exceeding 4550 hours.

Pic: Matias Ulfves

Kasvu Open received an internationalization award from the President of Finland rewarded for its accomplished work in promoting Finland abroad. The award was given by the President of Finland. Kasvu Open also received an award for outstanding international work given by the European Commission in Graz, Austria.

NOTABLE DONATIONS FROM MERCHANT’S GUILD AND OP FINANCIAL GROUP As is tradition, the Merchant’s Guild of Jyväskylä

JSBE AT A GLANCE ───── 2019

JSBE AT A GLANCE ───── 2019

supported JSBE in its annual celebration in March 2018. The donation given to JSBE was 200 000 euros. OP Group also donated 210 000 to JSBE for scientific research.

14

NEW PROFESSORS APPOINTED In 2018, three new professors were appointed to JSBE. Professor of economics Petri Böckermann returned from leave of absence of two years. New appointments were Liisa Kurunmäki as a professor of accounting and Chiara Valentini as a professor of corporate communication.

DEAN HANNA-LEENA PESONEN NOMINATED TO EASAC ENERGY STEERING PANEL EASAC – the European Academies’ Science Advisory Council – is formed by the national science academies of the EU Member States, Norway and Switzerland.

EASAC Energy Steering Panel advises on the focus of the energy programme and makes inputs to energy debates internationally. Pesonen’s areas of expertise include corporate environmental strategies and marketing, material flow management, and environmental management systems.

JSBE AT A GLANCE ───── 2019

MARI SUORANTA RECEIVES A MAJOR AWARD FOR EDUCATION Research doctor Mari Suoranta won the “Teacher of the year” –award given by Suomen Ekonomit (Economers of Finland). The 10,000 Euro award was given for the groundbreaking work Suoranta has done for high-growth entrepreneurship teaching. She runs the highly popular Venture Lab course, in which students work directly with businesses.

NATIONAL COLLABORATION IN ONLINE BUSINESS STUDIES In 2018, JSBE was a partner of LITO - Basic business studies. LITO offered eight courses for the students of participating universities. The courses are offered completely online as a joint effort by ten Finnish universities.

35TH ANNUAL SUMMER SEMINAR FOR ECONOMISTS The traditional Summer Seminar for Economists was once again hosted by JSBE in early June. 2018 marked the 35th anniversary of the event, which once again

JSBE AT A GLANCE ───── 2019

15

supported JSBE in its annual celebration in March 2018. The donation given to JSBE was 200 000 euros. OP Group also donated 210 000 to JSBE for scientific research.

14

NEW PROFESSORS APPOINTED In 2018, three new professors were appointed to JSBE. Professor of economics Petri Böckermann returned from leave of absence of two years. New appointments were Liisa Kurunmäki as a professor of accounting and Chiara Valentini as a professor of corporate communication.

DEAN HANNA-LEENA PESONEN NOMINATED TO EASAC ENERGY STEERING PANEL EASAC – the European Academies’ Science Advisory Council – is formed by the national science academies of the EU Member States, Norway and Switzerland.

EASAC Energy Steering Panel advises on the focus of the energy programme and makes inputs to energy debates internationally. Pesonen’s areas of expertise include corporate environmental strategies and marketing, material flow management, and environmental management systems.

JSBE AT A GLANCE ───── 2019

MARI SUORANTA RECEIVES A MAJOR AWARD FOR EDUCATION Research doctor Mari Suoranta won the “Teacher of the year” –award given by Suomen Ekonomit (Economers of Finland). The 10,000 Euro award was given for the groundbreaking work Suoranta has done for high-growth entrepreneurship teaching. She runs the highly popular Venture Lab course, in which students work directly with businesses.

NATIONAL COLLABORATION IN ONLINE BUSINESS STUDIES In 2018, JSBE was a partner of LITO - Basic business studies. LITO offered eight courses for the students of participating universities. The courses are offered completely online as a joint effort by ten Finnish universities.

35TH ANNUAL SUMMER SEMINAR FOR ECONOMISTS The traditional Summer Seminar for Economists was once again hosted by JSBE in early June. 2018 marked the 35th anniversary of the event, which once again

JSBE AT A GLANCE ───── 2019

15

16

gathered participants from the field of economics, business studies and public administration as well as from the business world. The annual prize for the best financial forecast was awarded to OP Group.

MASTER’S THESIS’S SUCCESSFUL IN COMPETITIONS The students of JSBE did great in various competitions. Master of business Miira Leinonen won first place in the Miltton competition for master’s thesis’s with her thesis in marketing “Facilitators and impediments in the adoption and implementation of the HubSpot marketing automation system”. JSBE did overall great in the competition, as the three other finalists in the competition (Auli Viitanen, Joel Jokinen and Khoa Nguyen) were all from JSBE. In November master of business from JSBE SariHuikko Tarvainen won the “best thesis in the field of governmental science” with her master’s thesis “Lääkärijohtajan työ status praesens” (The work of a medical leader status praesens).

The award was given by Finnish Association for Administrative Studies.

EXECUTIVE EDUCATION – A RECORD YEAR

Pic: Jani Rutanen

17

Executive education has organized country wide EMBA program since 1989. Important milestone for EMBA program was international AMBA accreditation which was first received in year 2011, and renewed ever since. Finland is such a small country that high level EMBA program requires an ability to get applications from high potential students from all over Finland and in particular from Helsinki metropolitan area. We were delighted when EMBA module Change management succeeded to enroll a record number participants. The module included three seminars which were all organized in Helsinki with 50 participants.

PÖRSSI 50 YEARS The subject association of the students of JSBE Pörssi celebrated its 50th anniversary. The celebration gathered more than 500 students, JSBE employers, alumni and honourable guests. In the celebration, Pörssi also awarded the teacher of the year (Toni Hukkanen) and the thesis supervisor of the year (Juha Munnukka). �

JSBE AT A GLANCE ───── 2019

JSBE AT A GLANCE ───── 2019

16

gathered participants from the field of economics, business studies and public administration as well as from the business world. The annual prize for the best financial forecast was awarded to OP Group.

MASTER’S THESIS’S SUCCESSFUL IN COMPETITIONS The students of JSBE did great in various competitions. Master of business Miira Leinonen won first place in the Miltton competition for master’s thesis’s with her thesis in marketing “Facilitators and impediments in the adoption and implementation of the HubSpot marketing automation system”. JSBE did overall great in the competition, as the three other finalists in the competition (Auli Viitanen, Joel Jokinen and Khoa Nguyen) were all from JSBE. In November master of business from JSBE SariHuikko Tarvainen won the “best thesis in the field of governmental science” with her master’s thesis “Lääkärijohtajan työ status praesens” (The work of a medical leader status praesens).

The award was given by Finnish Association for Administrative Studies.

EXECUTIVE EDUCATION – A RECORD YEAR

Pic: Jani Rutanen

17

Executive education has organized country wide EMBA program since 1989. Important milestone for EMBA program was international AMBA accreditation which was first received in year 2011, and renewed ever since. Finland is such a small country that high level EMBA program requires an ability to get applications from high potential students from all over Finland and in particular from Helsinki metropolitan area. We were delighted when EMBA module Change management succeeded to enroll a record number participants. The module included three seminars which were all organized in Helsinki with 50 participants.

PÖRSSI 50 YEARS The subject association of the students of JSBE Pörssi celebrated its 50th anniversary. The celebration gathered more than 500 students, JSBE employers, alumni and honourable guests. In the celebration, Pörssi also awarded the teacher of the year (Toni Hukkanen) and the thesis supervisor of the year (Juha Munnukka). �

JSBE AT A GLANCE ───── 2019

JSBE AT A GLANCE ───── 2019

JSBE DOCTORAL DISSERTATIONS 2018

”Retail Banking in the Aftermath of the Financial Crisis” JAAKKO SÄÄSKILAHTI ”Lifelong physical activity and long-term labor market outcomes” JAANA KARI ”Empirical Analyses of European Intellectual Property Rights Institutions” JUSSI HEIKKILÄ

18

”Between a Rock and a Hard Place: Middle Managers’ Ethical Decision Making and Behaviour in the Organizational Context” MINNA-MAARIA HIEKKATAIPALE

JYU. MAKING SCIENCE SOCIAL.

“Vertaileva tutkimus nais- ja miesjohtajien uramenestyksestä liikunta-alalla” � “A comparative study of women and men managers’ career success in the sports sector” PÄIVI AALTO-NEVALAINEN “’Good for Nature - Good for You’? Values and Sustainable Food Consumption – Promoting Sustainably Produced Food Products to Finnish Consumers” KUKKA-MAARIA ULVILA ”Professionals in value co-creation through digital healthcare services” KATJA RANTALA

University of Jyväskylä cherishes the balance of research and education and promotes open thinking – we kindle the skills, knowledge and passion to live wisely for the best of humanity. In this vibrant, human-centered environment, everyone can find their place.

The park-like campus of JYU is centrally located in the city, by the lakeside. The compact campus area highlights the University community feeling: anywhere you go on campus, you’re likely to bump into friends.

The lively campus is also exceptionally international: we have staff and students from more than a hundred countries.

”Sharing Economy Industry Emergence: Insights from the German Carsharing Industry” TANELI VASKELAINEN ”Kaiken keskellä – keskijohto strategisen muutoksen tekijänä ja kokijana” � “In the middle of everything – middle management as a doer and a part of strategic change” JARMO PELTONIEMI

The beautiful campus is home to a lively multidisciplinary research university – an open and collaborative community whose 2,500 experts and 14,500 students seek answers to the pivotal questions of tomorrow.

”The marketplace vulnerability of low-income unbanked consumers: A developing country perspective” SOHAIL KAMRAN ”Architecture of dissonance. A study on the strategic management process of higher education internationalization” VILLE SARPO

JSBE AT A GLANCE ───── 2019

JSBE AT A GLANCE ───── 2019

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JSBE DOCTORAL DISSERTATIONS 2018

”Retail Banking in the Aftermath of the Financial Crisis” JAAKKO SÄÄSKILAHTI ”Lifelong physical activity and long-term labor market outcomes” JAANA KARI ”Empirical Analyses of European Intellectual Property Rights Institutions” JUSSI HEIKKILÄ

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”Between a Rock and a Hard Place: Middle Managers’ Ethical Decision Making and Behaviour in the Organizational Context” MINNA-MAARIA HIEKKATAIPALE

JYU. MAKING SCIENCE SOCIAL.

“Vertaileva tutkimus nais- ja miesjohtajien uramenestyksestä liikunta-alalla” � “A comparative study of women and men managers’ career success in the sports sector” PÄIVI AALTO-NEVALAINEN “’Good for Nature - Good for You’? Values and Sustainable Food Consumption – Promoting Sustainably Produced Food Products to Finnish Consumers” KUKKA-MAARIA ULVILA ”Professionals in value co-creation through digital healthcare services” KATJA RANTALA

University of Jyväskylä cherishes the balance of research and education and promotes open thinking – we kindle the skills, knowledge and passion to live wisely for the best of humanity. In this vibrant, human-centered environment, everyone can find their place.

The park-like campus of JYU is centrally located in the city, by the lakeside. The compact campus area highlights the University community feeling: anywhere you go on campus, you’re likely to bump into friends.

The lively campus is also exceptionally international: we have staff and students from more than a hundred countries.

”Sharing Economy Industry Emergence: Insights from the German Carsharing Industry” TANELI VASKELAINEN ”Kaiken keskellä – keskijohto strategisen muutoksen tekijänä ja kokijana” � “In the middle of everything – middle management as a doer and a part of strategic change” JARMO PELTONIEMI

The beautiful campus is home to a lively multidisciplinary research university – an open and collaborative community whose 2,500 experts and 14,500 students seek answers to the pivotal questions of tomorrow.

”The marketplace vulnerability of low-income unbanked consumers: A developing country perspective” SOHAIL KAMRAN ”Architecture of dissonance. A study on the strategic management process of higher education internationalization” VILLE SARPO

JSBE AT A GLANCE ───── 2019

JSBE AT A GLANCE ───── 2019

19

Jyväskylä University School of Business and Economics P.O. Box 35 FI-40014 University of Jyväskylä Jyväskylä, FINLAND Street address: Mattilanniemi 2, Building Agora Tel. +358 14 260 1211 | Fax E-mail: jsbe-info@jyu.fi JYU.FI/JSBE/EN

UNIVERSITY OF JYVÄSKYLÄ