Enrollment
Register now
Delivery mode
Onsite
May 19 – August 28, 2025
Frequency
Location
Aalto University Töölö, Helsinki, Finland
Language
English
Scope
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 this program to the Aalto Executive MBA or Aalto MBA program.
Fee: € 7,400 (+ VAT)
The normal fee for the program is € 7,400 (+ VAT).
Benefits
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.






In the 2024 Program, 100 % of participants would recommend the Program (NPS = 100 %).
"How likely are you to recommend this Program to a friend or a colleague?"

In the 2024 Program, the Participants gave an overall feedback of 5,63/6,00 to the Program as a whole.

In the 2023 Program, the participants gave Learning Impact feedback 5,90/6,00 for their participation in bringing value to their organization.
For
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.
Modules
Finance Impacting on Business Success
Schedule
May 19–21, 2025
Location
Aalto University Töölö, Helsinki
This module will focus on strengthening key capabilities needed in developing and steering company's business performance.
- CFO role and Finance functions in transition
- Megatrends that have an impact on finance function and competence requirements
- Financial professionals driving economic value
- Strategic and Behavioral Corporate Finance
- Decision-making and corporate governance
- Company valuation
Instructors:
Teemu Malmi, Professor, Aalto University School of Business
Seppo Ikäheimo, Professor, Aalto University School of Business
Sami Torstila, Associate Professor, Aalto University School of Business
Matti Suominen, Professor, Aalto University School of Business
Driving the Future Success
Schedule
August 26–28, 2025
Location
Aalto University Töölö, Helsinki
This module will focus on the future developments in digitalizing business environment and financial function. The module also focuses on providing tools to develop personal influence.
- Digitalization and industry transformation
- Digital Finance Function
- What CFO should know about data-analytics
- Analytical methods for scenario-based Strategy development
- Power and influence – personal influencing tools
Instructors:
Henri Schildt, Professor, Aalto University School of Business
Jukka Sihvonen, Assistant Professor, Aalto University School of Business
Eeva Vilkkumaa, Assistant professor, Aalto University School of Business
Emilia Bunea, CEO, ed.movie Inc.
Instructors

Teemu Malmi
Teemu Malmi is a Professor of Accounting and Head of the Department of Accounting at Aalto University School of Business. Also, he has previously been the Chairman of the Board at Aalto University Executive Education Ltd. and Sannäs Manor Ltd.
Professor Malmi specializes in management systems, strategy implementation, and cost and profitability accounting. He teaches frequently in a variety of Executive Programs and has served as an advisor to a large number of companies from various different industries: IT, electronics, energy, finance, food, health care, media, metal and engineering, paper and pulp, pharmaceuticals, rental services, retail, telecom and transportation/logistics and the public sector.
Teemu Malmi holds a Ph.D. in Accounting and Finance from The Helsinki School of Economics, which was merged into Aalto University in 2010.

Seppo Ikäheimo
Seppo Ikäheimo is Professor of Corporate Governance at Aalto University School of Business.
He specializes in compensation systems, ownership, investor relations, board of directors and company valuation.
Professor Ikäheimo has frequently acted as a member of the arbitral tribunal in minority redemption cases and has provided an expert opinion in several legal cases. He has served as an advisor concerning investor relations, compensation systems, and board work.
In addition, he is actively involved in developing accounting and corporate governance-related legislation and guidance.

Sami Torstila
Sami Torstila is an Associate Professor of Finance and former Head of the Department of Finance (2014–2016) at Aalto University School of Business. He specializes in corporate finance and mergers and acquisitions.
Torstila is also an Associate Partner at NAG Group, a management consultancy, specializing in projects related to mergers and acquisitions and portfolio strategy. Professor Torstila is a member of the Nasdaq Helsinki Disciplinary Board and of the Asset and Liability Management Committee of the City of Helsinki.
He was a visiting scholar at Haas School of Business, UC Berkeley, in 2009–2010, 2016–2017, and 2023–2024. In 1996–1997, he was an investment banking analyst at Goldman Sachs in London. At Goldman, he worked with mergers and acquisitions as well as initial public offerings.
Sami Torstila received a D.Sc. degree in Finance in 2000 and an M.Sc. degree in Finance with honors in 1996, both from Helsinki School of Economics. He also received an LL.M. degree with a specialization in Tax Law in 1999 from the University of Helsinki.

Matti Suominen
Matti Suominen is Professor of Finance at Aalto University School of Business.
Suominen 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 for 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.

Henri Schildt
Henri Schildt is a Professor of Strategy at Aalto University School of Business and Aalto University School of Science.
Professor Henri Schildt’s 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 programs on data-driven management and the management of digitalization in Finnish manufacturing companies.
He is a tenured professor with a joint appointment at the Aalto University School of Business and the School of Science’s Department of Industrial Engineering and Management.
Henri Schildt completed his PhD at Helsinki University of Technology in 2007.

Jukka Sihvonen
Jukka Sihvonen is an Assistant Professor specializing in Digitalization in Accounting at Aalto University School of Business.
Sihvonen's research expertise lies in the digital transformation of accounting and finance, with a focus on the applications of artificial intelligence, big data, and textual analytics. His research, which spans various business disciplines, has been recognized with numerous citations and awards.
Sihvonen holds a PhD in Finance from the University of Vaasa.

Eeva Vilkkumaa
Eeva Vilkkumaa is an Assistant Professor of Management Science in the Department of Information and Service Economy at Aalto University.
Professor Vilkkumaa is an expert in modeling uncertainties and developing mathematical models to support decision making and resource allocation at companies and public organizations.

Emilia Bunea
Emilia Bunea is a leadership educator and educational technology entrepreneur. She has two decades of C-suite experience with global corporations in finance.
In 2021 Emilia wrote and produced “Crossroads Life,” the world’s first cinematic management case study, comprising a film and a written case based on real events. The movie has received several film awards, including the Award of Excellence from IndieFest, the Special Jury’s Award from the Hague Global Film Festival, and the Best Business Film Award from the Helsinki International Educational Film Festival.
Emilia’s academic interests include the role of ”serious leisure” in leadership identity development. She wrote several scholarly and practitioner articles on this topic and delivered a widely-acclaimed TED talk at London Business School. She has lectured on leadership-related topics in over a dozen countries.
Emilia Bunea has a Non-Executive Director Diploma from the Financial Times Board Director Programme and is a CFA charter holder. She earned her Ph.D. in Management at Vrije Universiteit Amsterdam in 2020.
Program Fee and Registration
Program Fee
The normal fee for the program is € 7,400 (+ VAT).
Registration
Register now!
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