Transcript Koe 3
KATAJA The Finnish Doctoral Program in Business Studies (KATAJA) National level network organization Kristian Möller Chair – KATAJA Board Director – Business Networks Research Domain – HSE Director – Service Factory – Aalto University R&D in Finland in 2008 • Employed some 80,000 people • R&D funding amounted to €6.4 billion, business companies accounted for 72% • R&D input 3.4% of GDP • Finland among the leading R&D investors and clearly ahead of the EU average • 20 universities and 26 polytechnics • More than 1,500 doctoral graduates from universities © Kristian Möller KATAJA – September 2009 2 2 17.7.2015 R&D investment in selected OECD countries, and in China and Russia (% of GPD) Source: OECD, Main Science and Technology Indicators 2009 © Kristian Möller KATAJA – September 2009 3 3 17.7.2015 Graduate School (Doc) System In Finland Background – Finnish ‘education & innovation strategy’ Inaugurated in1994 by the Ministry of Education Goal – enhancement of doctoral education Quality – courses & tutoring Volume & time & age of doctors Clear career path – collaboration btween Academia, Government & Business Internationalization Currently apprx 120 Graduate Schools Complement university departments Dual logics Focused and thematic - origins in ‘lab sciences’ Pooling of resources in ‘thin fields’ Approx 1500 salaried doc student positions enabling 4 yrs full-time study Approx. 30 % of doctoral students within the gs-system © Kristian Möller KATAJA – September 2009 Doctoral Education in Business – Why ’Go National’? Debate over Competition versus Collaboration How to compete over Ministry funding – Maximizing the funding of business education? 10 universities and indeopendent business schools grabting doctoral degrees in business / management Small departments – a critical mass only at the HSE, TSE & Hanken (The Swedish School of Economics) Challenge how to compete & collaborate Background – history of smaller scale collaboration – ’EDEN’ Courses in 1989-90 Solution A national level ’network organization’ © Kristian Möller KATAJA – September 2009 5 Academy of Finland Reserach Funding Breakdown funding decisions among Research Councils in 2008 Business © Kristian Möller KATAJA – September 2009 6 6 17.7.2015 Finnish Doctoral Program in Business Studies KATAJA - A Network SYSTEM Dualistic Goals & Services 1. Offer advanced level doctoral program – courses & events KATAJA Doctoral Course Program 2. Coordinate & support five ‘sub’-graduate schools in business administration KATAJA The Finnish Graduate School in Business Studies © Kristian Möller KATAJA – September 2009 7 KATAJA Architecture 9+3 member universities KATAJA Academic Council = Board Development Group GS Heads & Exec team Course program Executive Team Graduate schools Director, Coordinator & Chair - Organisation and management - Marketing Finance Accounting International business Service and relationship management The Finnish Doctoral Program in Business Studies General courses Special courses Methodological courses Tutorials and workshops KATAJA Research groups Theme groups - Funded by the universities, the Ministry of Education, the Academy of Finland © Kristian Möller KATAJA – September 2009 - Organisation and management Marketing Finance and financial accounting Management accounting International business Service and Relationship management 8 KATAJA Graduate School System Ministry & Academy wanted to see KATAJA as one large GS Faculty & departments at the hosting universities wanted to establish disciplinary GSs Compromise six ’sub-GSs’ The Finnish Center for Service and Relationship Management (FCSRM) The Finnish Graduate School of International Business (FIGSIB) The Finnish Graduate School of Marketing (FINNMARK) The Graduate School of Finance The Graduate School of Accounting The Graduate School of Management and Information Systems Studies GRAMIS) Each Sub GS (SGS) is a multi-university collaborative ’arrengement’ with a board of professors Each SGS is in charge of selecting its GS doctoral students, and proposing courses & events to the KATAJA Course program, arrenging tutoring The GS system is in matrix with Universities and their departments Students have to first apply & be accepted to a university Faculty works maintains & develops the SGS and the KATAJA organization Currently (2009) 210 full time doctoral students – 35 Academy positions Annual doctorating rate 28-35 students / represents 1/3 of the field in Finland © Kristian Möller KATAJA – September 2009 9 KATAJA Doctoral Course & Events Program 25–30 doc courses & events per year Often multiple & international faculty (20-25 visiting faculty) Very intensive format 3-5 days, or two linked events Program structure Fundamental theory courses / domain - discipline Advanced special courses & ‘hot topics’ Methodology courses 15 – 30 attendants / course Tutoring & supervision ‘Tutorials’ – large annual events (40-80 attendants) Research workshops (10-20 students) Cross supervision teams (still difficult to do systematically) © Kristian Möller KATAJA – September 2009 10 A Course Announcement Sample EMPIRICAL CORPORATE FINANCE TIME AND PLACE: April 17 – April 23, 2008, Helsinki School of Economics LECTURER: Renée Adams (UQ Business School, University of Queensland) OBJECTIVES: This course offers a doctoral level introduction to Empirical Corporate Finance and aims to prepare doctoral students to do research on their own in this field. The course is organized around published and working papers in the field with an emphasis on econometric methods. Rather than providing an exhaustive overview of the field, the course focuses in depth on selected topics to illustrate different empirical approaches to the same or related questions. For instance using papers on ownership concentration and corporate governance, the course will highlight the following empirical themes: endogeneity, difference in difference estimators and event studies. The course requires a good knowledge of the 1st year Ph.D. courses in econometrics as well as some basic knowledge of corporate finance. The more detailed description of this course can be found later on from www.hse.fi/gsf LITERATURE: A package of readings provided by the lecturer. EXAMINATION: A written closed book examination and term paper/exercises. The total points of the course are 100. In order to pass the course one needs at least 40% of points (i.e. 40 points). CREDIT UNITS: 6 ECTS credit units LECTURES: 20 h of lectures. PARTICIPANTS: Doctoral students in finance. The course is also open for KATAJA as well as FDPE doctoral students with sufficient background in finance and/or economics. The course is also open for foreign doctoral students given that there is space in the course. A maximum number of 30 participants will be admitted. If more than 30 students are interested in participating in the course, preference will be given to GSF and other KATAJA students according to KATAJA rules. REGISTRATION: By sending an e-mail to [email protected] Students should provide information of their university, e-mail address and phone number. FURTHER INFORMATION: All updated information concerning this course can be found from the GSF homepage. Please follow the link www.hse.fi/gsf © Kristian Möller KATAJA – September 2009 11 Doctorates in Business Admin & Economics 110 100 90 GS system started -1994 Doctorates 80 70 60 50 Doctorates 40 Doctorates, women 30 20 10 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 0 Year © Kristian Möller KATAJA – September 2009 12 KATAJA for doctoral students Benefits: Wider range of doctoral courses Financed external mentoring and advising Peer networking in workshops and tutorials Possibility for four year full time salaried doctoral positions Obligations: Performance in terms of credit units and thesis writing Yearly performance reporting © Kristian Möller KATAJA – September 2009 13 KATAJA Thank You & Happy Networking! KATAJA - Your collaborator in doctoral education in Finland Kristian Möller Helsinki School of Economics [email protected] www.hse.fi/katajaw