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Aalto CFO Program

Strengthen Your Value as a Financial Director and Drive the Future Success

Financial management plays a key strategic role in providing information and support for business management and direction for business development. Looking and seeing ahead as well as utilizing the possibilities offered by digitalization are becoming the new normal in leading a financial function.

The Aalto CFO Program is designed for financial executives who wish to strengthen their role as strategic and influential business partners and gain new perspectives on the latest developments in digitalizing the business environment and finance functions. The program will help you to increase your skills in leading business performance and enhance your competencies to influence the future of your company’s business success. You will focus during the program, for example, on business analytics in a data-rich environment, prediction approaches and technologies, analytical methods for scenario-based strategy development, and personal influencing tools.

The program's focus is on developing key financial competencies in leading the company financially. While at the same time increasingly taking the future perspective and applying new technologies in business development.

9 ECTS credits (4.5 ECTS / module) can be transferred from the Aalto CFO Program to the Aalto Executive MBA or Aalto MBA program.

Notice, that you can still register for the 2nd Module of the Program: August 23–25, 2023.

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Driving the Future Success

The Module II of the Aalto CFO 2023 Program is available as a stand-alone program. Sign up below by clicking the register button.


The program provides you with the opportunity to strengthen your role as a financial leader and gain a strong toolkit for creating more value for your company.

Learn new ways to influence and communicate
Renew your understanding of the role of CFO and the finance function in transition
Refresh your knowledge of the latest financial concepts and practices
Be better prepared to tackle your business challenges in corporate finance, governance and company valuation
Deepen your perspective on the digitalizing business environment and emerging opportunities


The Aalto CFO Program is for CFO's and Group Controllers as well as for other senior financial executives willing to grow into CFO position in the future. The program will be beneficial for those who wish to grow their business financially, expand their competencies in leading a finance function and learn about latest digital developments in finance.

Contents and Schedule

The Aalto CFO Program consists of two training modules with a total of six training days.

Each module includes pre-readings as well as a take-home assignment*. Each module is individually graded.(*optional)

If desired, up to 9 ECTS credits can be transferred from the Aalto CFO Program to the Aalto Executive MBA or Aalto MBA program.

Program Structure

Two training modules

Each credited with 4.5 ECTS

Six training days

Intensive face-to-face sessions with instructor and peers

Pre and post-module periods

Each module includes pre-readings, a pre-assignment, and a take-home assignment.



Teemu Malmi

Teemu Malmi is a Professor of Accounting at Aalto University School of Business. He specializes in managerial control systems, strategy implementation and cost, and profitability accounting.

Professor Malmi has served as a consultant to a large number of companies from different industries, e.g. Computers, Electrical, Energy, Finance, Food processing, Furniture, Health Care, Media, Metal and Engineering, Paper and Pulp, Pharmaceuticals, Rental Services, Retail, telecom and Transportation/logistics. He has also served ministries, municipalities, and hospitals.

Jari Melgin

Jari Melgin serves a Professor of Practice at Aalto University School of Business.

He specializes in accounting, finance, corporate finance, mergers and acquisitions, investor relations and corporate governance.

Professor Melgin has broad consulting experience in Financial Management, Corporate Finance, and Investments. He has also a long professional experience as a CFO in several international corporations.

Matti Suominen

Matti Suominen is Professor of Finance at Aalto University School of Business. He specializes in information economics in financial markets, market microstructure and corporate finance.

Suominen has previously worked as a consultant at the European Corporate Finance Practice of McKinsey & Co. and as a Chief Dealer in the Options and Futures Markets in Finland. From 1997 until 2006 he was in the full time faculty at INSEAD, working first as an Assistant Professor and later as an Associate Professor of Finance. Although already also at the Aalto University, between 2006 and 2015 he has continued to work with INSEAD as an Adjunct Professor of Finance or as a Visiting Professor of Finance.  

Suominen is actively involved in management consulting to financial institutions and executive education. He has taught in the MBA, PhD and executive education programs. He has also taught in several company specific programs worldwide.  

Matti Suominen did his PhD in Financial Economics in 1997 at the University of Pennsylvania, where he has also worked as a Visiting Associate Professor at Wharton.

Ben Nothnagel

Ben Nothnagel is a Senior Advisor at Aalto University Executive Education and has worked with Aalto EE for over 20 years specializing in developing the leadership skills of executives who are part of ambitious businesses.

Nothnagel's focus is on encouraging individuals and organizations to excel by increasing self-awareness, creating understanding of the individual diversity of performance and results, enhancing influencing-skills and building high-performance leadership teams.

Nothnagel’s current research focus on three main areas: neuro-leadership (practical lessons that leaders can learn from neuro-science), cognitive decision-making and emotional-intelligence.

Nothnagel teaches periodically in Aalto Executive MBA programs at various locations in Europe and Asia. He is the owner of Benna Oy and is a Senior Advisor at Aalto EE. He works as a consultant and executive-coach all over the world, including the Nordic-countries, Germany, the United States and Asia. His clients include companies such as ABB, Basware, Cargotec, Danfoss, Daimler, Fazer, Finnair, GE, Hewlett-Packard, HKScan, Michelin, Ruukki, Vaisala and Yahoo.

Nothnagel is an Attorney at Law, Myers-Briggs Certified Interpreter and Certified Emotional-Intelligence Practitioner.

Henri Schildt

Henri Schildt is a professor with a joint appointment at the Aalto University School of Business (Management & Organizations) and the School of Science’s Department of Industrial Engineering and Management.

His research interests span technology strategy, organizational change, and strategy process (with specific interest in reasoning under uncertainty and the use of data analytics). He is currently heading two research programmes on data-driven management and the management of digitalization in Finnish manufacturing companies. Henri Schildt completed his PhD at Helsinki University of Technology in 2007.

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