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- FINLAND
- Location: Northern Europe, Scandinavia
- Independence: since 1917
- Economic system: free market economy
- Political System: western democracy, multiparty system
- Population: 4 926 200
- Area: 338 000 sq. km (Great Britain 244 000,
- Fed.Rep. of Germany 249 000, Italy 301 000 sq. km)
- Lakes: 187 888
- Islands: 179 584
- Common borders with: Sweden 586 km (264 miles)
- Norway 716 km (445 miles)
- USSR 1 269 km (788 miles)
- Main Industries: Metal and engineering industry 38 %
- Forest industry 19 %
- Chemical industry 11 %
- Food industry 11 %
- Textile industry 6 %
- Other 15 %
- Time zone: UTC+2 in winter, UTC+3 during summer daylight saving time
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- VAASA
- Location: on the western coast of Finland, 400 km (250 miles) northwest of
- Helsinki
- Founded: in 1606
- Population: 54271, of which about 3/4 Finnish-speaking and
- 1/4 Swedish-speaking
- Area: 397 sq. km of which 258 is maritime
- Climate: warmest in June, average 16.0 C, coldest February -13.1 C
- Employed persons by type of economic activity:
- Public services 37.6 %
- Industry 32.2 %
- Private services 22.8 %
- Constructions 6.1 %
- Primary production 1.1 %
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- UNIVERSITY OF VAASA
- Founded: in 1968
- Total student enrollment: 2000
- Personnel: teaching personnel 136
- other personnel 110
- Departments of research and teaching:
- 1) Accounting, Business Finance and Methodological Sciences (accounting,
- finance, operations research, management science, statistics)
- 2) Administration and Marketing (business administration, management and
- organization, marketing, economic sociology, information processing science,
- information technology and production economy)
- 3) Economics and Law (economic geography, economics, law)
- 4) Modern Languages (Finnish, Swedish, English, German, Russian, French,
- Spanish, Applied Linguistics)
- 5) Administrative Sciences (public administration, public law)
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- DEPARTMENT OF ACCOUNTING, BUSINESS FINANCE AND METHODOLOGICAL SCIENCES
- Student enrollment: about 600
- Teaching personnel: 16 (4 professors, 3 associate professors)
- Main research areas: Financial statement analysis, Growth and profitability,
- Modern corporate finance and financial markets
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- Written by Prof. Timo Salmi and Information Officer Helena Kantanen
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