It was established as an independent higher education business school in 1950, until it was acquired by the state in 1977.

It was the second largest school of its kind in Finland, with approximately 2,000 graduate and 250 postgraduate students and a staff of 350.

[4] In addition to teaching a wide variety of economic and business related subjects, the faculty conducts research on matters relating to its field, and offers consulting services to businesses.

As a higher education institution, Turku School of Economics had been one of the most efficient universities in terms of master's per professor.

[5] Main departments Auxiliary units At the Turku School of Economics, you can study two international master's degree programmes in English