Aalto University Executive Education Group achieves record turnover and operating profitMar 22, 2017
Aalto EE Group turned in a record financial performance in 2016 In addition, Aalto EE continued its rise through the Financial Times’ international rankings.
Aalto University Executive Education Group’s operating profit for last year reached a record-breaking EUR 1.5 million (EUR 0.4 million 2015). The profit improvement was due to growing demand and the successful completion of adjustment measures continued from 2014.
In 2016, the company also strengthened its Asian operations in particular. The main regional office in Singapore was moved to new premises and the first permanent campus office was opened. Operations were also expanded to Vietnam. In particular, customized business operations and Aalto PRO training for highly qualified experts gained ground in the European markets. A range of new services were enabled by international partners in Finland, elsewhere in Europe and Asia.
Consolidated turnover rose from the previous year to EUR 19.3 million (EUR 17.1 million in 2015). Globally, the Group provided a total of around 90 customized programs. Almost 6,000 people participated in degree programs and shorter, open enrollment and customized programs last year.
Over EUR 2.6 million was channeled into the Aalto University community
The Group's overall economic impact on the Aalto University community continued to grow. Aalto EE's operations channeled a total of over EUR 2.6 million (EUR 2.2 million in 2015) into the Aalto University community by way of dividends, lecture fees and rent.
“We are proud of our contribution to strengthening Aalto University’s capabilities. Although we operate on a fully commercial basis, I have noted that many of our customers appreciate the fact that cooperation with us supports the activities of Aalto,” comments Dr. Pekka Mattila, Group Managing Director.
Aalto's rise among the international top rank continues
In the Financial Times' annual global ranking – the most prestigious of its kind in the world – Aalto EE rose to number 45 (47 in 2015) among business schools offering executive education, to become the only Finnish provider in the world's top 0.5 percent. The Aalto Executive MBA flagship program had an international ranking of 61st, which is fifteen places above the previous year’s position. There are over 3,000 EMBA programs in the world, only the top 100 of which make it into the Financial Times' ranking.
Group Managing Director, Professor of Practice
Aalto University Executive Education Ltd
Tel.: +358 (0)40 738 7221
Aalto University Executive Education Oy
Aalto University Executive Education Ltd offers thought provoking leadership development services (Aalto EE), professional development services for specialists and managers (Aalto PRO) and creative solutions covering the whole life cycle of entrepreneurship (Aalto ENT). Aalto University brings to our offering a multidisciplinary approach, together with innovative learning methods; this provides a unique combination of practical expertise with the latest research.
Aalto University Executive Education’s strengths lie in its global operating model and diverse offering. In addition to Finland and Singapore, Aalto University Executive Education offers education programs in China, Indonesia, Iran, Poland, Russia, South Korea, Sweden, Taiwan, Vietnam and the Baltic countries. As a part of Aalto University, it holds three respected business university accreditations – AACSB, AMBA, and EQUIS – which places it among the top 0.5% of institutions in the world.