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Study in Finland

Finland’s Hanken 2024 GBSN Scholarship for Developing Countries

Overview

The Finland’s Hanken 2024 GBSN Scholarship for Developing Countries represents a significant opportunity for students from developing nations to pursue higher education at Hanken School of Economics, Finland. This scholarship, offered in collaboration with the Global Business School Network (GBSN), aims to support talented individuals from developing countries who demonstrate exceptional academic potential and a commitment to making a positive impact in their home countries. With a focus on promoting international collaboration and fostering future leaders, the Hanken GBSN Scholarship plays a crucial role in advancing education and driving socio-economic development in developing countries.

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Introduction to the Hanken GBSN Scholarship

The Hanken GBSN Scholarship is designed to provide financial support to outstanding students from developing countries who wish to pursue a master’s degree at Hanken School of Economics. The scholarship covers tuition fees and provides a monthly stipend to cover living expenses, enabling recipients to fully dedicate themselves to their studies without financial burden. Additionally, the scholarship offers opportunities for academic and professional development, including research projects, internships, and networking events.

Brief Overview of Hanken School of Economics

Hanken School of Economics is one of Finland’s leading business schools, renowned for its high-quality education, innovative research, and strong international orientation. Located in Helsinki, the capital city of Finland, Hanken offers a wide range of bachelor’s, master’s, and doctoral programs in business, economics, and related fields. With its diverse student body, experienced faculty, and extensive network of corporate partners, Hanken provides an ideal environment for students to excel academically and prepare for successful careers in the global business community.

Importance and Benefits of the Scholarship for Developing Countries

The Hanken GBSN Scholarship holds immense importance for students from developing countries, offering a range of benefits for recipients and their home countries. By providing financial assistance and access to world-class education, the scholarship empowers students to acquire valuable knowledge and skills that can drive positive change and economic growth in their respective countries. Additionally, the scholarship promotes international collaboration and cultural exchange, fostering mutual understanding and cooperation among students from diverse backgrounds.

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Scholarship Details

The Hanken GBSN Scholarship offers comprehensive support to recipients, including:

  • Coverage of Tuition Fees: The scholarship covers full or partial tuition fees for the duration of the master’s program, depending on the level of funding available.
  • Living Expenses Stipend: Recipients receive a monthly stipend to cover living expenses, including accommodation, food, transportation, and other personal costs.
  • Research Funding: Additional funding may be available to support research projects, internships, or other academic activities related to the recipient’s field of study.
  • Duration: The scholarship is typically awarded for the duration of the master’s program, which may range from one to two years depending on the program and the student’s academic progress.

Eligibility Criteria

To be eligible for the Hanken GBSN Scholarship, candidates must meet certain criteria, including:

  • Citizenship or Residency Requirements: Applicants must be citizens of and reside in a developing country, as defined by the World Bank classification.
  • Academic Requirements: Applicants must have a strong academic background and demonstrate academic excellence in their previous studies, typically through high grades and academic awards or honors.
  • Financial Need: Applicants must demonstrate financial need, as assessed through income statements, tax returns, or other financial documentation. Preference may be given to students from low-income families or underprivileged backgrounds.
  • Field of Study: The scholarship is open to students applying to eligible master’s programs at Hanken School of Economics. Applicants must meet the admission requirements for their chosen program and demonstrate a strong interest in their field of study.

Application Process

Applying for the Hanken GBSN Scholarship involves the following steps:

  1. Admission to a Master’s Program: Applicants must first apply for admission to an eligible master’s program at Hanken School of Economics through the regular application process. Only students who have been admitted to a master’s program will be considered for the scholarship.
  2. Prepare Application Materials: Once admitted to a master’s program, applicants must gather all required documents and supporting materials for the scholarship application, including academic transcripts, letters of recommendation, a personal statement, and proof of financial need.
  3. Complete Online Application: Applicants must fill out the online application form for the Hanken GBSN Scholarship, providing detailed information about their academic background, financial situation, and career goals.
  4. Submit Application: After completing the online application, applicants must submit all required documents and supporting materials by the specified deadline. It is important to ensure that all required documents are included and that the application is submitted on time to be considered for funding.
  5. Wait for Notification: Once the application deadline has passed, the selection committee will review all applications and notify successful applicants of the outcome. Successful applicants will receive an offer of the scholarship, along with instructions on how to accept the award and proceed with their studies at Hanken School of Economics.

Selection Process

Recipients of the Hanken GBSN Scholarship are selected through a competitive evaluation process. The selection committee considers various factors when evaluating applications, including:

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  • Academic Achievement: Strong academic performance, as evidenced by academic transcripts, standardized test scores, and academic awards or honors.
  • Financial Need: Demonstrated financial need, as assessed through income statements, tax returns, or other financial documentation.
  • Fit with Scholarship Criteria: Alignment of the applicant’s background, interests, and goals with the criteria and objectives of the scholarship.
  • Potential for Impact: Potential for academic and professional success, as evidenced by research interests, extracurricular activities, and career aspirations.

Benefits for Recipients

Recipients of the Hanken GBSN Scholarship receive a range of benefits, including:

  • Coverage of Tuition Fees: The scholarship covers full or partial tuition fees for the duration of the master’s program, depending on the level of funding available.
  • Living Expenses Stipend: Recipients receive a monthly stipend to cover living expenses, allowing them to focus on their studies without financial burden.
  • Research Opportunities: Recipients have access to a wide range of research opportunities, including internships, laboratory placements, and collaborative projects with faculty members and industry partners.
  • Professional Development: Recipients benefit from access to academic and professional networks, mentorship opportunities, and career development resources, helping them to build the skills and connections needed to succeed in their chosen field.

Alumni Success Stories

Past recipients of the Hanken GBSN Scholarship have achieved remarkable success in their academic and professional endeavors. Here are some testimonials from alumni highlighting their experiences:

  • Dr. Maria Lopez: “Receiving the Hanken GBSN Scholarship allowed me to pursue my master’s degree in economics at Hanken School of Economics without financial worry. The scholarship not only provided financial support but also opened doors to research opportunities and academic collaborations. Studying at Hanken School of Economics was a transformative experience that prepared me for a successful career in academia.”
  • Mr. Ahmed Patel: “The Hanken GBSN Scholarship enabled me to pursue my passion for business administration at Hanken School of Economics and launch a successful career in consulting. The scholarship provided me with the resources and support I needed to excel academically and professionally. Studying at Hanken School of Economics exposed me to diverse perspectives and equipped me with the skills and knowledge to thrive in a global business environment.”

Conclusion

The Finland’s Hanken 2024 GBSN Scholarship for Developing Countries represents a prestigious opportunity for outstanding students from developing countries to pursue their master’s studies at Hanken School of Economics, Finland. With comprehensive financial support, access to research opportunities, and professional development resources, this scholarship provides recipients with the tools and support they need to excel in their academic and professional endeavors. Whether you’re interested in economics, business, or related fields, the Hanken GBSN Scholarship offers a pathway to success and a brighter future. Don’t miss out on this opportunity to pursue your academic and career goals at Hanken School of Economics. Apply for the Hanken GBSN Scholarship today and take the next step towards a fulfilling and rewarding future!

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