Finances
In addition to the core tasks of financial management, AYY’s finances include AYY's student housing and investment activities.
Want to help organise AYY’s 2027 Representative Council election? Apply to join the Central Election Committee!
How to get even more Aalto University students interested in the work of the Representative Council? How to make the election more visible, inspiring, and inclusive? You can contribute to these issues, among other things, by joining AYY’s Central Election Committee!
The Central Election Committee plays a key role in ensuring that students’ voice is heard and that AYY’s Representative Council election reaches as many students as possible. The Committee is responsible for preparing the election in cooperation with AYY’s employees. In addition to meetings focused on election preparations, committee members can participate according to their own interests and expertise. Committee members can, for example, organise side events and contribute to communications planning and content production. Meetings are held approximately once a month from February to June and from August to November.
We are recruiting a chair and 3–7 members for the Central Election Committee. Any student union member who is not running as a candidate and who is not a person in charge of an electoral alliance or coalition may serve as a member of the Central Election Committee. A fee of EUR 500 will be paid for the position at the end of the year.
Application period: 19 Oct to 3 Dec 2026. Please submit your application and CV to rekrytointi(at)ayy.fi by 23.59 on 3 Dec. Please use “Central Election Committee application” as the subject of your email. The AYY Board appoints the Central Election Committee.
For further information, please contact AYY’s Administrative and HR Manager Annika Ojelma, annika.ojelma@ayy.fi.
Become a mentor and coach student union actives!
Running as a mentoring program, the continuity committee connects former actives with current board members and committee chairs. The intent is to foster continuity and support current actives on an individual level. In the committee, you can leverage your knowledge of student union operations while developing your skills as a coach and mentor. No prior mentoring experience is required; the committee provides both training and peer support.
The confidential dialogue established through mentoring offers the mentee a safe space to bounce around ideas, share experiences, feel heard, and seek advice. Meetings typically take place every 3–6 weeks throughout the year, with the specific arrangements decided by the pair themselves. Mentoring pairs are formed at the beginning of the year. Concrete topics for meetings might include self-leadership, career planning, time management, well-being, stress management, and motivating others.
Apply to the committee if you have:
Mentoring is not about providing straightforward answers to the mentee’s problems—it is about creating a space where the mentee can grow, explore new ideas, and build self-confidence.
Application period: 19 Oct 2026-3 Jan 2027
Please send your application with a short CV, a summary of your key student union activities, and the year of your studies to rekrytointi(at)ayy.fi.
Your questions about the continuity committee will be answered by Ellen Heikkilä or Imran Shamsul:
(email/telegram)
ellen.hei[at]gmail.com / @kantarellen
imran.shamsul[at]gmail.com / @ImranShamsul
The Fund for the Promotion of Teekkari Operations (TTE Fund) awards grants to AYY’s entire membership (business, arts and engineering students) as well as associations and communities operating in its vicinity. The purpose of the Fund is to generate and maintain active interest in technological, scientific, financial, artistic and societal issues and cultural activities.
TTE Fund Directorate meets approximately 4 times a year to address larger grants. In addition, the Directorate addresses project applications received throughout the year as they become available.
You can apply for the TTE Fund Directorate once a year, usually in November-December. The call for applications will be announced separately. The Directorate is appointed by AYY’s Representative Council. The Directorate consists of four persons nominated by AYY and three persons nominated by PTK ry (previously TTEY ry). The term of office of the directorate member is two years. One of the AYY representatives serves as chairman, with a term of office of one year. All Aalto students can apply for the Directorate.
“When I was a member of TTE Fund Directorate, I had a front row seat to see what happens in our community. It has been a pleasure to follow diverse projects and to get a sense of how I have helped to make some great things happen. I have the experience that our community is alive. In addition, I have learned so much about financial management and document-specific issues, and met great people from different generations. My term in the Directorate has been very rewarding and diverse.”
Henry Sanmark, Member of TTE Fund Directorate 2017-2018 (Representative of AYY)
The application for the TTE Fund Directorate is open from 19 Oct to 1 Nov 2026. Please send your application and CV to rekrytointi(at)ayy.fi. In your application, please include the year you started your studies and your degree programme at Aalto, and whether you are applying to become a member of the Directorate or its Chair.
Further information: AYY's Allowance Specialist Axel Aurola (firstname.lastname@ayy.fi). Information on TTE Fund activities is available here: https://www.ayy.fi/en/tte-fund.
The Finance Board is responsible for the management and administration of the Student Union property. The Chair and 7-9 members of the Board meet approximately once a month to discuss current issues typically related to the next decisions of the Representative Council or the Student Union’s resource planning. Last year, for example, the Finance Board discussed funding options for a potential student centre project, options for selling and renting low-priority student housing, launch of new construction projects and the Student Union’s budget. The Finance Board works not only in meetings but also in two sections: the real estate section reviews and prepares matters related to real estate projects and the investment section meets with treasurers and discusses options in competitive bidding. In practice, the Finance Board provides recommendations to the Board and the Representative Council based on its meetings and the work of the sections, as well as supports AYY’s Finance Director and the real estate sector in preparing decisions.
Half of the Board members are students and half are expert members representing professional backgrounds in financial management, real estate and economic activities. The Representative Council elects the student members based on the proposal of the AYY Board (2 representatives) and the residents (2 representatives). The term of office is two years, therefore one representative of AYY and one representative of residents are elected annually.
The Finance Board provides student members with an interesting two-year post in the Student Union’s decision-making and important preparatory work. As a member of the Board, you can represent the student’s voice in decision-making but also gain personal expertise in demanding decision-making. Ilkka Särkiö, who represented the residents during the period 2018-2019, describes the duty as follows:
"The Finance Board provides the students with an amazing perspective on the practices and expertise of professionals in the field, as well as the opportunity to influence the financial planning of the Student Union. The know-how of student members is taken seriously, and they have significant opportunities to intervene and initiate issues.”
Applicants are required to have knowledge of the Student Union’s decision-making, resource planning and finances, as well as readiness for active participation in meetings.
The application for the Finance Board is open from 19 Oct to 1 Nov 2026. Please send your application and CV to rekrytointi(at)ayy.fi. In your application, please include the year you started your studies and your degree programme at Aalto.
Resident representative candidates are elected at AYY’s residents’ meetings. If you would like to apply to become a resident representative for the Finance Board, please attend your building’s residents’ meeting and run as a candidate. Residents’ meetings will be held during week 48 in November. The specific date and location will be provided in the residents’ meeting notice, which will be emailed to residents no later than two weeks before the meeting.
Further information: AYY's Executive Director Antti Ilmavirta, firstname.lastname@ayy.fi, 050 329 1165.
In addition to the core tasks of financial management, AYY’s finances include AYY's student housing and investment activities.
People are motivated by different things and reasons. One takes a project to help the other person, the other wants to challenge himself by learning something new. Minna Mäkitalo writes about motivational factors in AYY blog.