Stockholm School of Economics: Wikis

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Stockholm School of Economics
Handelshögskolan i Stockholm
Established 1909
Type Private
Rector Prof. Lars Bergman
Staff 300
Students 1,700
Doctoral students 230
Location Stockholm, Sweden
Campus Urban
Affiliations CEMS, EUA, ICEDR, EFMD
Website http://www.hhs.se/
The main building of the school, designed by Ivar Tengbom and built 1925-1926, is located at Sveavägen in central Stockholm.
Professor Eli Heckscher, founder of economic history as an independent academic discipline.
Professor Bertil Ohlin developed the Heckscher-Ohlin model, the standard international mathematical model of international trade; received the Nobel Memorial Prize in Economic Sciences in 1977.

The Stockholm School of Economics (SSE) or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 1 in Northern Europe [1] and no. 12 in Europe. SSE was founded by the business community in 1909 as a response to rapid industrialization and a growing need for well educated businessmen and company managers and has remaind close ties to the business community ever since. SSE is a private business school financed to some 85% by private means.

The School is fully accredited by EQUIS (European Quality Improvement System) certifying that all of its main activities – teaching as well as research – are of the highest international standard. SSE is also the Swedish member institution of CEMS (The Global Alliance in Management Education), along with universities such as LSE, Tsinghua University and HEC.

SSE offers bachelor's and master's degree programs, PhD programs and a top-ranked Executive Education and MBA.

Education offerings include: - a bachelor program in Business & Economics - a bachelor program specialized towards retail management - two master programs, one in Business and Economics (Accounting & Financial Management, Economics, Finance, Management and Marketing & Media management) and the other in General Management - a PhD program - with three spezialisations (Business Administration, Economics, Finance)

SSE has founded sister organisations in the Baltic states: the SSE Riga in Riga, Latvia, and the SSE Russia in St Petersburg, Russia. It also operates a research institute in Tokyo, Japan; the EIJS (European Institute of Japanese Studies); and a recently founded undergraduate- and research institution; Nordiska detaljhandelshögskolan; geared towards retailing, in Norrtälje, Sweden.

Contents

History

The Stockholm School of Economics was founded in 1909 on private initiative, following a substantial donation in 1903 by Knut Agathon Wallenberg. The name handelshögskola (roughly "college of commerce") was a parallel to the German term Handelshochschule, used by a number of German institutions started in the years before, commencing with Handelshochschule Leipzig in 1898. The term högskola was at this time also established for specialised higher educational institutions outside the universities, such as the Royal Institute of Technology, (Kungliga) Tekniska högskolan, which bore that name from 1877.

While founded as a business school, the subject of economics featured prominently in the research and curriculum of the school from the beginning.

The most well known scholars of the Stockholm School of Economics are arguably the economists Eli Heckscher (professor of economics and statistics 1909–1929, professor of economic history 1929–1945), Gunnar Myrdal and Bertil Ohlin (professors of economics). Heckscher is also known as the founder of economic history as an independent academic discipline and his work Svenskt Arbete och Liv is a fundamental work within this subject.

Ohlin was also a leading figure within the school of doctrine with the same name, the so-called Stockholm school; a group of leading Scandinavian economists influenced by Knut Wicksell, most of them active in Stockholm, either at the Stockholm School of Economics or the Stockholm University College. This school of doctrine was to have a profound influence on post-WWII Swedish economic policy and the development of the modern Scandinavian Welfare state. Heckscher and Ohlin jointly developed the so called Heckscher-Ohlin theory, the standard international mathematical model of international trade. Gunnar Myrdal received the Nobel Memorial Prize in Economic Sciences in 1974 (shared with his ideological nemesis, Austrian economist Friedrich Hayek); Bertil Ohlin received the Nobel Prize in Economics in 1977 (shared with British economist James Meade). Other prominent members of the Stockholm school were the Stockholm University professor Gustav Cassel, who developed standard economic theory of Purchasing power parity and economist Dag Hammarskjöld, general secretary of the United Nations in New York city, USA.

SSE Master of Science in Business and Economics

The Master of Science in Business and Economics is a two year program (120 ECTS credits) where you choose between five different specializations; • Accounting & Financial Management • Finance • Economics • Management • Marketing & Media Management. Within their specialization, students write a Master's thesis worth 30 ECTS credits. The program language is English and both Swedish and international students are encouraged to apply. The master's students will deepen their knowledge of the core subject in the specialization during the first year and will also have the possibility to take elective courses during the second year or to apply to the student exchange program or to the prestigious CEMS program

Before the first inake in fall 2009, SSE received over 3500 applications to the approximately 150 seats in the program offered to external applicants. The specializations in Finance and Economics were the most popular with 975 (32 admitted) and 962 (28 admitted) applicants, respectively.

SSE Master of Science in General Management

SSE MSc in General Management is the new business program launched by SSE, targeting students with bachelor’s degrees in subjects other than Business or Economics, i.e. engineering, social science law or medicine. The goal is to provide high-potential students with an exciting opportunity to receive a first-class business education on top of their specialist educations. The program, which will be taught in English will welcome a diversity of both Swedish and international students. It is a two year full-time program (120 ECTS Credits)offering the students a broad knowledge of general management, thus preparing them for their future careers in business. The first class of students will begin this new program in August 2009. The interest among students has been very strong and the average number of applicatants competing for each seat in the program was as many as 35.

SSE Executive MBA

The Executive MBA program at the Stockholm School of Economics has developed a structure that focuses on flexibility, breadth and depth as a means of offering participants more choice in their areas of specialization while maintaining high academic quality.

The aim is to combine knowledge, experience and excellent learning processes. Thus the professors bring with them not only academic knowledge, but also information and knowledge from research carried out in close conjunction with industry.

In the Executive MBA ranking, the SSE is currently ranked 1st amongst business schools in Northern Europe, number 14 in Europe and 38 globally.

Alumni

See also

Jonathan Macey, Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law, Yale Law School, Ph.D. honoris causa, 1996.

References

External links

Higher education in Stockholm County
Universities and University Colleges in Stockholm County:
Ersta Sköndal University College | Karolinska Institutet | Red Cross University College of Nursing | Royal College of Music
Royal Institute of Technology | Royal University College of Fine Arts | Sophiahemmet University College
Stockholm School of Economics | Stockholm School of Theology | Stockholm University
Swedish National Academy of Mime and Acting | Swedish School of Sport and Health Sciences
Södertörn University College | University College of Arts, Crafts and Design | University College of Dance
University College of Music Education | University college of Opera

Coordinates: 59°20′30″N 18°03′26″E / 59.34167°N 18.05722°E / 59.34167; 18.05722

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