Scholarships and Academic Awards

The aim of the foundation’s scholarships is to support students both successful in their studies at the Aalto University School of Business and active in extra-curricular activities within KY’s student organizations.

Scholarships are rewarded chiefly to those studying for Bachelor’s or Master’s degrees in business. Scholarships are given out according to study year and the maximum number of recipients is four people per application class. A scholarship may only be granted once for each person.

Academic awards are granted to those graduated from the Aalto University School of Business with outstanding marks on their master’s thesis. Recipients must have participated in student organization activities during their study years.

The application period for Academic Awards in 2018 is now open. Apply using the form below by 12th of January 2018.

The application period for Scholarships in 2018 will be held during February – March.

Apply for a scholarship or an academic award

The application periods for Academic Awards is now open.

Important information

Application announcement 2017 for Acedemic Awards

(Abbreviated, unofficial English version)
The Foundation for Business Students in Aalto University (KY Foundation) announces the application period open for Academic Awards. The Academic Awards are granted for Master’s Theses that have received an excellent grade. In 2018 the Academic Awards are granted to theses registered in 2017, which form a part of an MSc (Econ.) degree.

Academic awards

Academic Awards can be granted to students who have completed their Master’s Theses at the School of Business. The Master’s thesis must have been registered in 2017 and its grade must be 5. In the year 2018, three (3) awards can be given out, and the award can only be received once. The award cannot be given out to a student who has previously received an Academic Award from the Student Union of the Helsinki School of Economics. The amount of each award is EUR 1,500.

The criteria for awarding the Academic Award are:
1. The grade received for the Master’s thesis
2. Activity in the student unions and/or student clubs
3. The applicant’s success in his/her studies

Any active role or duty in the student union or in a club, the KY association, a student organization or a subcommittee can be considered as activity in the student union. The second and third criteria are applied only if the applicants appear equally meritorious based on the first and second criterion, respectively.

Instructions for applicants

The application period for the Academic Awards starts on Friday, December 15th 2017 and closes on Friday, January 12th 2018 at 12 a.m. The Academic Awards must be applied for by using the electronic form. The application form is available at the KY Foundation webpage or at the KY Associations webpage

The transcript must be official and either original or a certified copy of the original. The applications are processed by the managing director of the foundation, and the final decisions are made by the working committee of the executive board. Each applicant will be informed about the decisions personally.

For more information, please contact the managing director of KY Foundation at

In Helsinki on 4 December 2017
The Foundation for Business Students in Aalto University

Who can apply for an academic award
The academic award can be applied by all students in the Aalto University School of Business who have graduated and received excellent remarks (graded as 5) from their thesis.

Can I get a scholarship more than once?

Unfortunately no.