Key figures of 2024 and annual reports

Aalto University

Key figures of 2024 and annual reports

Our academic results and international recognition remained strong in 2024. On this page, we present key figures of 2024 and the Annual Board Report and Financial Statements.

Two people examining an art exhibit. A man points at something on a table, in a room with various displays and colourful backdrop. — Photo: Aalto University / Katri Heinämäki

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Research and art

Competitive research funding rose to EUR 111 million.
Aaltonians were visible in a number of significant artistic events, productions and competitions.

A bar chart from 2015 to 2024 with values ranging from 14.7 to 16.4 in red bars.

Quality of publications

2015–2024

Share of Aalto University publications that belong to the top 10% most highly cited publications in the world in the same subject area.

A bar graph showing values increasing from 31 in 2015 to 50 in 2024.

International academic faculty (%)

2015–2024

Red bar chart displaying yearly data from 2015 to 2024. Each bar is labelled with a value ranging from approximately 2,100 to 2,565.

International peer-reviewed articles in scientific journals

2015–2024
The figures are as at 16 March 2025.

Bar chart showing annual data from 2015 to 2024. Peak in 2019 with 458 units. Lowest in 2020 with 256 units.

Artistic outputs

2015–2024

Includes artistic publications, exhibitions and performances.
The figures are as at 16 March 2025.

Bar chart showing research funding amounts from 2015 to 2024, divided into international and other competitive research funding.

Competitive research funding
(€ million)

2015–2024

International funding includes competitive EU funding and funding from foreign funds and foundations. Other funding includes funding from the Research Council of Finland, Business Finland and companies.

Excellence in research

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Recipients of European Research Council (ERC) funding	17	21	26	26	24	27	28	27	22	27
Research Council of Finland Centres of Excellence	7	7	7	6	6	3	3	7	7	7
Research Council of Finland Flagships	-	-	-	-	3	4	4	4	8	8
Research Council of Finland Academy Professors	6	7	5	5	5	4	2	1	1	1
Research Council of Finland Research Fellows	34	38	40	41	44	44	49	48	57	66

Professors

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Professors	388	385	384	388	387	393	395	404	413	437
International	17%	19%	21%	23%	24%	25%	26%	27%	28%	29%
Women	20%	19%	20%	20%	21%	21%	22%	24%	24%	25%

Rankings in key research areas

Examples of international rankings in Aalto University's seven key research areas.

Black background with five yellow dashes arranged vertically on each side

Education

The significant increase in new students began to be seen also in an increase in the number of degrees awarded.
The extensive and versatile selection of lifewide learning opportunities with over 600 courses is based on high-quality research and degree education content.

Bar chart illustrating degree completion times from 2015 to 2024 in targeted, max. 1 year over, and more than 1 year over target time.

Bachelor's degrees

2015–2024

A graph showing yellow bars from 2015 to 2024 with values between 3.78 and 3.99.

Bachelor's graduate survey

2015–2024

Average score given by Aalto University bachelor's graduates in the national feedback survey on a scale of 1 to 5.

Bar chart of degrees completed from 2015 to 2024, categorised by completion time.

Master's degrees

2015–2024

A bar chart showing values from 2015 to 2024, with the highest value of 281 in 2024 and the lowest of 182 in 2021.

Doctoral degrees

2015–2024

Number of degree students (FTE)

2015–2024

Impact

We aim to renew society with research-based knowledge and generate innovative solutions to tackle global challenges.

Bar chart showing values from 2021 to 2024, increasing annually: 16,002; 15,885; 17,477; 17,618.

Lifewide learning

Number of learners in Aalto University Executive Education, Open University, FiTech Network University and Summer School courses. The indicator has been calculated since 2021.

Red bar chart showing yearly values from 2015 to 2024 ranging between 33.4 and 39.5 units.

Corporate collaboration volume
(€ million)

The metric includes research income, rents and Aalto University Executive Education sales to companies. The metric excludes technology transfers.

Bar chart of research results from 2020 to 2024, split into university's own and commissioned research categories.

Number of technology transfers

2020–2024

Enabling our success

Ensuring the health and wellbeing of the university community is a key enabler of our success.
Our campus and the entire Otaniemi area have undergone significant development in recent years.

Bar chart showing values increasing from 3.72 in 2015 to 4.04 in 2023, in five intervals represented in yellow.

Personnel wellbeing survey

Average of all answers received in the survey on a scale of 1 to 5. The survey is carried out every two years.

A bar chart shows employment trends from 2015 to 2024, with categories including service personnel, students, and professors.

Personnel structure development, number of personnel

2015–2024

Developing campus

Current and future buildings and blocks in the Otaniemi campus area.

A map of the Aalto University campus in Otaniemi, showing various buildings labelled K1, K2, Väre, and Dipoli. — Campus roadmap

A bar chart showing annual figures from 2015 to 2024. Numbers peak at 286 in 2015 and hold steady around 210 from 2020 to 2023.

University facility usage (1000 sqm)

2015–2024

Bar chart showing values from 2015 to 2024. Highest value is 67 in 2015, lowest is 43 in 2020.

University facility usage costs (€ million)

2015–2024

A doughnut chart showing CO2 emissions sources, with Energy at 23%, Commuting 20%, Procurement 20%, Travel 17%, and others.

Total CO₂ emissions (tCO₂e)

Emissions have been calculated according to the international GHG Protocol, covering emission scopes 1–3.

2024

CO₂ emissions from energy consumption (tCO₂e)

Emissions from energy consumption in university buildings, calculated according to the international GHG Protocol, covering emission scopes 1–3.

2022–2024

Finances

Government funding of EUR 255 million was the main source of income.

Efforts are being made to widen and diversify the funding base by increasing non-public financing, donation income and the use of funds.

Sources and uses of funds in university activities 2024 (€ million)

Represents university activities in the whole university group, including Aalto EE. Facility costs are based on internal charges.

Infographic with funding sources in blue on the left and spending categories in red on the right for a total of €459m.

Government funding (€)

Government funding from Ministry of Education and Culture and government funding per master's degree

2010–2024

A bar graph showing fund values from 2015 to 2024 with a red line indicating spending percentages.

Endowment funds (€ million)

2015–2024

Group key financial figures (€ million)

Profit and loss

	2023	2024
Turnover	409	434
Expenses	450	472
Operating profit/loss	-41	-38
Fundraising profit/loss	4	5
Endowment profit/loss	102	152
Financing profit/loss	-14	-14
Net Profit/loss	49	102
Net profit %	12%	23%

Balance sheet

	2023	2024
Noncurrent assets	1959	2075
Intangible assets	2	2
Tangible assets	594	590
Investments	1362	1483
Current assets	121	176
Total	2080	2251
Equity	1609	1715
Liabilities	471	535
Interest bearing liabilities	306	356
Non-interest bearing liabilities	165	179
Total	2080	2251
Equity ratio	77%	76%