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Finland
Recommended Match
Global Rank: #Top 1%
Hanken School of Economics
Finland
Public Research University
Why This University?
- • Internationally recognized institution
- • Degrees recognized by HEC Pakistan
- • Part of European Higher Education Area
- • Growing Pakistani student community
- • Pakistani student associations available
- • Cultural and religious facilities nearby
- • 4 opportunities available
- • Need-based financial aid
- • Industry partnerships
- • Career counseling services
Financials & Costs
Tuition Fees
€15,000
Check program list for exact fees
Living Costs
€900 - €1,200
Monthly average
Available Scholarships
- Hanken Premium GBSN Scholarship (100% tuition waiver + €8,000/year living allowance - specifically for GBSN member schools in developing countries like Pakistan)
- Finland Scholarship (100% tuition waiver + €5,000 relocation grant for the first year)
- Hanken Honors Scholarship (25% to 50% tuition waiver for the second year based on academic performance)
- Early Commitment Offer (25% reduction on the first-year tuition if the offer is accepted and paid within 21 days)
Requirements
Academic Requirements
Min. CGPA
Required
Varies by Program
IELTS Score
Minimum
6.5
Note: Requirements may vary by program. Always check the specific program page for exact requirements.
Required Documents
- CV / Resume
- Motivation Letter
- Transcripts
Personalized Match Analysis
Good Fit with Preparation
Your Strengths for This University
- Your IELTS 7.0 exceeds the 6.5 minimum requirement
- Your 3.66 CGPA from LUMS is from a Tier 1 institution prioritized by Hanken
- Your work experience in Business Development strengthens your application
- Multiple scholarship options available including 100% tuition waivers
- No APS certificate required for Finland applications
Areas to Improve
- No GRE/GMAT score provided - mandatory for Pakistani applicants to Hanken
- Your CGPA is strong but Hanken prioritizes GMAT/GRE scores for ranking
- Visa requires €9,600 in YOUR personal account for 3-6 months
- Document attestation requires HEC + MOFA in sealed envelopes
Recommended Actions
- Take GMAT (aim 600+) or GRE immediately - this is non-negotiable
- Start moving €9,600 to your personal bank account for visa proof
- Begin HEC and MOFA attestation process for all academic documents
- Apply for Hanken Premium GBSN Scholarship as Pakistani student
Your Roadmap to Europe
Step-by-step guide to securing your visa for Finland
Critical Warning / Action Required
CRITICAL BOTTLENECK: The 'Doha/Qatar Requirement'. As of October 1, 2025, the Embassy of Finland in Islamabad does NOT process Residence Permits for studies. Pakistani students MUST travel to VFS Global in Doha, Qatar, to provide biometrics and verify their identity. You will need a Qatar visit visa to complete this step.
1. Joint Application (Studyinfo.fi)
Month 1-3 (Jan)
Duration: 2-3 Weeks
Status: Preparation
- Apply via 'Studyinfo.fi' during the 1st Joint Application (usually Jan 7 – Jan 21).
- You can choose up to 6 programs using a single application form.
- Prepare your English proficiency (IELTS 6.5 or Duolingo/PTE as per university).
- Upload transcripts legalized by HEC/IBCC and MOFA (Apostille).
Critical Points:
- application fee: €100 (approx. 30,000 PKR) for non-EU applicants, payable once per application round.
- deadlines: Joint application for Autumn intake ends mid-January. Missing this means waiting for separate/rolling admissions.
2. Admission & Tuition Payment
Month 4-5 (March - May)
Duration: 8 Weeks
Status: Admission
- Receive the Admission Offer (Letter of Acceptance).
- Confirm your seat online via Studyinfo.fi.
- Pay the tuition fee (usually €8,000 - €12,000). Many universities offer early-bird discounts (e.g., €500-€1,000 off) if paid within 14 days.
Critical Points:
- refund policy: Finland has a strict refund policy: if your residence permit is rejected, the tuition fee is refunded (minus a small admin fee).
3. EnterFinland Portal & Insurance
Month 5-6 (May - June)
Duration: 2 Weeks
Status: Online Application
- Create an account on 'EnterFinland.fi'.
- Purchase Student Health Insurance (SIP or ACS-AMI). Coverage must be €120,000 for studies < 2 years, or €40,000 for studies >= 2 years.
- Bank Statement: You must show €9,600 (~30 Lac PKR) in your PERSONAL bank account. Sponsorship is allowed only if the money is transferred to YOUR account before applying.
Critical Points:
- monthly fund: For 2026, the required amount is €800/month (total €9,600 for the first year).
- insurance excess: The deductible (excess) on your insurance must not exceed €300.
4. Biometrics Trip to Doha, Qatar
Month 6-7 (June - July)
Duration: 1 Week (Travel)
Status: Physical Verification
- Book a Qatar visit visa and an appointment at VFS Global Doha.
- Travel to Doha to prove your identity, provide fingerprints, and show original documents.
- Apply for a 'D-Visa' simultaneously. This is a sticker in your passport that allows you to fly to Finland immediately after the decision without waiting for the plastic RP card.
Critical Points:
- vfs fee: Approx. €20 service fee + Migri application fee (~€350 if not paid online).
- d visa fee: Approx. €95 - €120. Highly recommended for Pakistani students to avoid a second trip or long courier waits.
5. Processing & Decision
Month 7-9 (July - August)
Duration: 30-60 Days
Status: Waiting
- Migri (Finnish Immigration) processes your application as 'urgent' (students are prioritized).
- Track status via the 'EnterFinland' portal.
- Outcome: Receive a 'Grant Letter' electronically.
Critical Points:
- interview note: Interviews are very rare for Finland. If your documents are clean and funds are in your own name, approval is usually smooth.
6. Arrival & City Registration
Month 9 (September)
Duration: First 14 Days
Status: Settling In
- Fly to Finland.
- Register with the Digital and Population Data Services Agency (DVV) to get your Personal Identity Code (Henkilötunnus).
- Collect your physical Residence Permit card from a designated pick-up point (if you entered with a D-visa).
- Work Rights: You can work 30 hours per week (averaged annually) during your studies.
Critical Points:
- pr pathway: As of 2026, time spent on a student permit (A-permit) counts 100% toward Permanent Residency (PR). Completion of a Master's degree in Finland significantly fast-tracks PR (4-year path instead of 6).