Stockholm School of Economics facts for kids

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Stockholm School of Economics
Handelshögskolan i Stockholm

Motto	Att genom vetenskaplig undervisning och forskning befrämja affärsverksamhetens höjande inom landet
Motto in English	Strengthen Sweden's Competitiveness Through Research and Science-Based Education
Type	Private
Established	1909
President	Lars Strannegård
Administrative staff	300
Students	Some 1,800 full-time equivalent students (as of 2020)
Doctoral students	150
Location	Stockholm , Sweden
Campus	Urban
Language	English Swedish
Nickname	Handels SSE
Colours	Purple
Affiliations	CEMS EUA ICEDR EFMD APSIA
Mascot	Hermes

The main building of the school, designed by Ivar Tengbom, is in central Stockholm.

The Stockholm School of Economics (SSE), also known as Handelshögskolan i Stockholm (HHS) in Swedish, is a private business school. It is located in the city of Stockholm, Sweden. SSE offers different study programs for students who want to learn about business and economics. These include programs for bachelor's degrees, master's degrees, and even PhDs.

SSE is a well-respected school, recognized by an organization called EQUIS. It is also part of the CEMS network. SSE has helped start other schools, like SSE Riga in Latvia and SSE Russia in Russia. It also has a research center in Tokyo, Japan, focused on Japanese studies.

History of the Stockholm School of Economics
- How the School Started
- Famous Economists from SSE
Studying at SSE
Student Life at SSE
SSE Alumni Network
- Famous Alumni from SSE
Partner Universities
See also

History of the Stockholm School of Economics

The Stockholm School of Economics was officially started in 1909. It was founded because Sweden was quickly becoming more industrial. There was a growing need for educated people to work in businesses and manage companies. The school has always kept strong connections with the business world.

How the School Started

A banker named Knut Agathon Wallenberg helped a lot to start the school. In 1903, he gave money to help convince people that a business school was needed in Stockholm. At that time, some people didn't think highly of business or trade. Wallenberg believed it was important to improve how people viewed merchants and business.

To help make the case for the school, a doctor named Helmer Keys traveled around Europe. He gathered information to show why a business school would be good and necessary. His report helped spread the idea of starting the school in Stockholm.

Many people from Stockholm's business community helped fund the school. They paid money each year to become founding members. These founders included merchants, bank directors, and factory owners. Most of them were men, but one woman was also listed.

Famous Economists from SSE

Even though it was a business school, economics was a very important subject from the beginning. Two of the most famous scholars from the Stockholm School of Economics are economists Eli Heckscher and Bertil Ohlin.

Professor Eli Heckscher helped create economic history as a separate field of study.

Eli Heckscher was a professor from 1909 to 1945. He is known for starting economic history as its own academic subject. His work, Svenskt Arbete och Liv, is a key book in this field.

Professor Bertil Ohlin won the Nobel Memorial Prize in Economic Sciences in 1977.

Bertil Ohlin was also a professor of economics. He was a leader in a group of economists called the Stockholm school. This group had a big impact on Sweden's economic policies after World War II. Heckscher and Ohlin together created the Heckscher–Ohlin model, which is a well-known model for international trade. Bertil Ohlin even won the Nobel Memorial Prize in Economic Sciences in 1977.

Studying at SSE

SSE is a member of the Association of Professional Schools of International Affairs (APSIA). This group includes schools that focus on public policy and international studies.

How to Get In

To get into the Master's programs at SSE, students usually need good scores on tests like the GMAT and TOEFL iBT. These scores show that applicants are ready for the challenging studies. In 2012/2013, many students applied for the Master's programs, so getting accepted was competitive.

Grading System

SSE uses a 5-point grading scale. The grades are:

Excellent (5.0)
Very Good (4.0)
Good (3.5)
Pass (3.0)
Fail (0.0)

Students can also earn special awards. An "Outstanding Achievement" award is given to students who get an "Excellent" final grade in a course for the first time. The top 10% of students in the Bachelor's programs who finish their studies on time receive the "President's List" award.

Study Programs Offered

The Stockholm School of Economics offers many different programs:

Bachelor of Science (BSc) in Business and Economics
Bachelor of Science (BSc) in Retail Management
Master of Science (MSc) in Finance
Master of Science (MSc) in Business & Management
Master of Science (MSc) in Accounting, Valuation & Financial Management
Master of Science (MSc) in Economics
Master of Science (MSc) in International Business
Doctoral (PhD) Programs in Business Administration, Economics, and Finance
MBA Program (for experienced professionals)

Most of the teaching at SSE is done in English. However, some courses are also taught in Swedish.

Bachelor's Programs

BSc in Business and Economics: This is a three-year program. It teaches students about many business topics. These include economics, finance, marketing, and management. About 300 students join this program each year.
BSc in Retail Management: This is also a three-year program. It focuses specifically on the retail industry. Students learn how to combine theory with real-world practice. This program has fewer student places, with about 60 students enrolled each year.

Master's Programs

MSc in Business and Management: This is a two-year program. Students can choose to specialize in International Business, Management, or Marketing & Media Management.
MSc in Economics: This two-year program is for students with a background in economics or business. It has specializations in Applied Economic Analysis and International Economics.
MSc in Finance: This two-year program is for students interested in finance. It offers specializations in Corporate Finance and Investment Management.
MSc in International Business: This two-year program is for students who want to work globally. It is part of the CEMS MIM network. This program has been ranked among the top international business schools.
MSc in Accounting, Valuation, and Financial Management: This is also a two-year program. Students learn about accounting and financial management. They can also choose to study abroad or do an executive trainee program.

MBA Program

SSE Masters of Business Administration (MBA), Executive Format: This program started in 2001. It is designed for professionals who want to advance their careers. It has consistently been ranked as a top MBA program in the Nordic region.

PhD Programs

The SSE PhD Program has been running for over 60 years. It has helped more than 500 students earn their PhDs. There are three main PhD programs:

Business Administration
Economics
Finance

Student Life at SSE

The Student Association at the Stockholm School of Economics (SASSE) is the main student government group. It is made up of eight different committees. Each committee has different jobs to help students.

The committees include:

The Business Committee
The Education Committee
The Entertainment Committee
The International Committee
The Tech Committee
The Media Committee
The Social Committee
The Sports Committee

Each committee has a president who is also part of the student association's board. There is also a president for the entire SASSE, chosen by the students each year.

SSE Alumni Network

SSE alumni are former students who have graduated from the school. Today, there are about 14,000 alumni in this network. These alumni stay connected with the school in many ways.

The SSE Alumni Office helps manage these connections. Many alumni come back to the school as guest speakers or help students with projects. They also offer internships or recruit students for their companies.

Alumni can connect with each other through:

Attending special alumni events.
Using the SSE Alumninet, an online portal for graduates.
Joining official LinkedIn groups run by SSE.
Becoming members of alumni associations, like the one in Sweden or the "American Friends of SSE" in the US.
Joining unofficial alumni groups created by graduates themselves.

Famous Alumni from SSE

Many successful people have graduated from the Stockholm School of Economics. Here are a few examples:

Sebastian Siemiatkowski, co-founder and CEO of Klarna (a financial technology company)
Jacob de Geer, co-founder and CEO of iZettle (a mobile payment company)
Magdalena Andersson, former prime minister of Sweden
Jan Carlzon, former CEO of SAS Group (an airline)
Fredrik Lundberg, president and CEO of L E Lundbergföretagen AB (a large investment company)
Ruben Rausing, founder of Tetra Pak (a food packaging company)
Oscar Swartz, founded Bahnhof, the first independent Internet service provider in Sweden
Max Tegmark, a professor at the Massachusetts Institute of Technology

Partner Universities

SSE works with about 70 partner universities around the world. Each year, SSE sends over 180 students to study abroad. It also welcomes over 180 exchange students from other countries. Most of these exchange programs are for Master's students, but some are for Bachelor's students too.