History of the Finance studies @ UTU
Students have always wanted to study finance at the Turku School of Economics. Most of them chose Accounting as their major since Finance was not officially available. The number of students choosing Accounting with an intention to focus on finance started to increase after 2008 after the first professor in finance was named. In 2010, the name of the major was changed to Accounting and Finance to reflect the new development. Beginning 2012, students could choose finance as their specialisation area. Due to capacity constraint, an upper limit to the number of students choosing A&F was set (2024 approximately 70 students) and competitive selection based on study success during the first year was taken into use.
Turku School of Economics became a member in the Finnish nationwide Graduate School of Finance in 2013 and two years later a member in FinanssiAkatemia. The finance.utu.fi website was opened in 2022 and the Finance Lab in 2023.
Nowadays, the number of students focusing on finance has increased even further and approximately 40% of the A&F students choose finance as their specialization.