Grants for students pursuing a master's degree
Applying for the grant
It is possible to receive support for writing a master's thesis through the Helsinki School of Economics Support Foundation. The HSE Support Foundation allocates funds for thesis work according to the research areas specified by foundation donors.
Master's thesis grant
Students pursuing a master's degree can apply for a grant for full-time thesis work. The master's thesis grant can be applied for in February and September.
Thesis grant from funds donated by a partner company
You can apply for a grant for your thesis if you are collaborating with a company that makes a donation to the foundation. The company must specify a research area for its donation, and that research area must be related to your master's thesis. This grant has no specific application deadline.
- Agree with the partner company on your intended thesis work in the specified research area
- Contact the foundation: ext-tuula.murremaki@aalto.fi
- You will receive instructions on applying for the grant.
Travel grant
Students can receive a travel grant for attending a scientific conference related to their thesis. The grant can be awarded based on actual costs or a best estimate. Funds for per diem expenses are not granted. Reporting must be done according to the actual costs incurred.
An applicant can apply for a travel grant for one scientific conference in their research area, and they are their presentation must be accepted for inclusion in the conference programme. The acceptance notice from the conference must be submitted to the foundation no later than the date requested for payment of the grant.
Applicants can apply for a travel grant for a trip that takes place after the application period ends. Grants are not awarded retroactively for trips that have already occurred.
A grant awarded for a conference that was postponed to the following year does not carry over; in such cases, a new application must be submitted.
Application process and reporting obligation
Progress of the application
You can track the progress of your grant application in the application service. However, please note:
- Applications submitted during an application period will be processed after the period ends.
- You will receive a ‘yes or no’ response via email after the processing.
- Awarded grants will be published on the foundation's website.
When will the grant be credited to my account?
Upon receiving an approval decision for your grant application, submit a payment request. The payment request is where you report how you would like the grant to be disbursed. You can make the payment request through the application service.
Grants are paid to a bank account. If you did not provide your bank account number on the grant application, you can provide it when submitting the payment request.
What needs to be reported and when?
Each grant requires reporting on how the grant was used. You will not be prompted to send in the report, so you must remember to do so yourself.
You can submit the report with expenses (e.g. flights, hotel, conference registration fee) in the same grant service where you applied for the grant. You can write the report in a free-form manner.
Taxation of grants
Grants must be reported to the tax authorities. Read more about on the Tax Administration's website.
The Special Funds of the HSE Support Foundation
Grants are awarded by the HSE Support Foundation, and you should not apply for grants directly from special funds.
PricewaterhouseCoopers Oy Fund – €30 000
Grants specifically for research, teaching or study related to auditing, accounting and financial reporting practices (teachers and students)
Kauppaneuvos Yrjö Paulow Foundation – €10 000
To support research and education in Finland's foreign trade (teachers and students)
Chancellor Jaakko Honko Fund – €4 000
To promote the internationalisation of students at Aalto University School of Business, especially doctoral students who are pursuing studies or conducting research in business, and to promote the organising of seminars (teachers and students)
Oy Stockmann Ab's Anniversary Fund – €3 000
Personal grants for those pursuing a degree in economics at Aalto University School of Business and preparing a thesis in connection with it. The grant is aimed at promoting economic research, especially in the field of commerce (teachers and students)
Professor Henrik Virkkunen Memorial Fund – €2 500
Personal grants for those pursuing a degree in economics at Aalto University School of Business and preparing a thesis in connection with it. The grant is aimed at promoting quantitative research in business economics (teachers and students)
Oy G. W. Sohlberg Ab Fund – €2 500
For research and study in fields represented at Aalto University School of Business, also aimed at or related to a bachelor's degree in business, particularly in the metal, plastic and wood industries (teachers and students)
Arthur Andersen & Co Fund – €1 500
For research or study related to auditing and accounting as well as law, especially tax law (teachers and students)
Anniversary Fund – €7 000
Donations from Peder Biesen, Chairman of the Board of the HSE Support Foundation, for his 60th birthday.
For conducting master’s thesis work related to internationalisation and accounting.
Eeva and Matti Virkkunen Fund – €500
Business Administration Bachelor's Association Fund – €500
HSE Support Foundation grants
The grant application is now open until 30 September 2026. Please familiarise yourself with the forms well in advance before the application deadline.