UNC Kenan-Flagler Business School

Semester Study Abroad Program

Finland: Aalto University

Overview
Dates
Academics
Housing
Student Life
Budget
Accessibility
Apply
  • Overview

    Kenan-Flagler Global Programs (KFBS semester exchanges, KFBS summer programs, and KFBS short-term immersions) are ONLY open to students who have been admitted to the major or minor Undergraduate Business Program. Pre-business students and non-business majors and minors are not eligible to apply to Kenan-Flagler Global Programs. Admission status to the Undergraduate Business Program will be verified for all applicants.

    Established in 1911, the Aalto University School of Business is the leading business school in Finland and ranks among the best in Europe. The School provides students with a multidisciplinary, international learning experience. The focus is on teaching through real life challenges, real cases, consultancy projects, and internships, in close cooperation with the business community and the rest of the society. The School of Business is a community of 2,700 students and 103 faculty members with approx. 600 international students a year, totaling 16% of the student body.

    Visit the program's website

    View program evaluations from past participants

    Application checklist

    Eligibility
    • GPA Requirement: 3.00 
    • Language Prerequisite: none
    • Class during program (min): Junior
    • Language of Instruction: English
    • Non-UNC may apply? No 

    Exchange Options
    • Undergraduate Exchange: Yes Exchange Only 
    • Graduate Exchange: No
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  • Program Terms and Dates

    This program is offered during the following terms: Fall, Spring

    Program dates are generally as follows:

    Fall - Early September to Mid December

    Spring​ - Early January to Late May

    Spring 2018 dates are January 2 - May 25

    Application Dates

    Fall 2019 Program:

    • ​​Application opens: November 1, 2018
    • Application deadline for Fall 2018: February 21, 2019
    • Notification begins: March 8, 2019
    Spring 2020 Program:
    • Application cycle opens: March 1, 2019
    • Round 1 application deadline for Spring 2019: April 11, 2019
    • Round 1 notifications begin: April 26, 2019
    • Round 2 application deadline for Spring 2019: September 5, 2019
    • Round 2 notifications begin: September 13, 2019


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  • Academics

    Credit information for KFBS students

    Aalto University School of Business offers over 160 business courses taught in English. Aalto students can specialize their Economics and Business Administration major in Management, Accounting, Business Technology, Marketing, Finance, and Economics.

    All courses can be taken in English, and no prior study of Finnish language is expected. However, the Aalto University Language Centre does offer a Finnish Language and Culture course for interested students during their semester exchange.

    Courses taken at Aalto will transfer back to UNC as Pass/Fail. Achieving a grade of 3 (out of 5) or above will transfer back to UNC as a pass course, which will not affect UNC GPA. Students who receive any grade under 3 will fail the course and an F grade will transfer back to UNC, which will affect their UNC GPA. Though transfer credit for this program is Pass/Fail, future employers and graduate schools will also look at the Aalto School of Business transcript, so grades are important.

    Students participating on this program will transfer back 3 UNC credits for every 6 ECTS credit course, and are expected to take four to five courses worth 6 ECTS credits each during the semester. A student who earns a grade of 3 or above in all courses will receive a total of 12-15 UNC credits for their semester abroad.

    This program also fulfills Experiential Education and you will earn points towards the Kenan-Flagler Inclusive Global Leadership Initiative. Full-time enrollment on this program is defined as a minimum of 12 credit hours.

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  • Housing

    In the Helsinki region there are two large student housing organizations that Aalto works with: HOAS (Foundation for Student Housing in the Helsinki Region) and AYY (Aalto University Student Union). Student apartments typically consist of 3-5 bedrooms, a shared living room, kitchen and bathroom. Student apartments are situated around the Helsinki area. Students apply for housing directly through the above organizations after you have been accepted into the exchange program. Please note that because there is limited student housing available, Aalto cannot guarantee student housing for everyone.

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  • Student Life

    Helsinki, the capital of Finland with a population of over 600,000, is located on the shore of southern Finland. Ranked as one of the most liveable cities in the world, Helsinki offers rich cultural heritage and a wide array of recreational activities. Islands, forests, and other outdoor pursuits are all within easy reach of the city center.

    Multidisciplinary learning is not only a facet of student life at Aalto, but is also appreciated throughout Helsinki and greater Finland. With nearly 100 new university startups launched annually, innovation and entrepreneurship are key components of life at Aalto. The university also develops and promotes art-based activities across disciplines, knowledge frameworks and communities.

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  • Budget

    Here, you will find a list and links to costs related to this program.
    Last cost update: December 2018

    We suggest you create your study abroad budget using this worksheet to help you think about your costs on this program:

    • Populate the figures from the tables below into the left side costs of attendance
    • Input your financial resources on the right

    Your customized budget sheet can help determine your current financial status, and help you understand what additional funding you may need to help make this an affordable program option.

    Cashier Billed Expenses*:


    UNC Tuition and Fees
    Take the amount on the Tuition and Fees line and divide by 2 to get your semester tuition and fees cost

    Fee UG Business major/minor
    Based on major/minor enrollment
      Study Abroad Fee $700

    GeoBlue International Medical Insurance
    $210

    *Cashier Billed Expenses are those charges billed directly to your UNC ConnectCarolina account.

     

    Out of Pocket Estimates**:


    International Airfare
    $1,500

    Housing
    $2,500
      Meals $1,000
      Immigration Visa/Residence Permit
    $300

    Passport Application Renewal
    $145
      Course Materials $300
      International Cell Phone Plan $350
      Personal Expenses
                Travel Insurance $400
                Local Transportation $300
                Personal Travel $1,500
                Incidentals (ex. Laundry) $350
                Shopping/Souvenirs $150
                Other Personal Expenses***  
         
      Total Estimated Expenses: In-State  $15,160
      Total Estimated Expenses: Out-of-State $28,174

    **Out of Pocket Estimates are based on the cost of the program, which is determined by combining the average costs our previous students have spent in each of these categories, along with the costs our partner provides to us as their averages. These estimates are subject to change based on exchange rate fluctuations, bank fees, and individual variances in costs of living.
    ***Other Expenses: the budget worksheet also has a place for you to input other expenses outside of the out-of-pocket estimates that you may incur, such as attending concerts or sporting events.


    Funding your study abroad program


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  • Accessibility

    Please make an appointment with a Kenan-Flagler Global Programs Advisor via the Intranet if you would like to discuss this program. We work with students who are registered with the Accessibility Office or who may require certain accommodations for study abroad.

    Information about accessibility at Aalto University:

    http://www.aalto.fi/en/about/reports_and_statistics/accessibility/

    Helpful resources and information about transportation accessibility in Helsinki:

    https://www.hsl.fi/en/information/how-use-public-transport/accessibility

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