The Foundation for the Advancement of Finnish Securities Markets has awarded each of the following Master’s theses with a 5,000-euro acknowledgment prize.
| Eero Hirvimäki | Helsingin Yliopisto |
| Thesis | Yhteiskuntavastuu ja osakeyhtiön tarkoitus: Vastuullisuus osana yhtiöjärjestystä, esimerkkinä Finnair Oyj ja Fortum Oyj |
| Joona Haavisto | Turun Yliopisto |
| Thesis | Performance of HDBSCAN-based Pairs Trading Strategy in Various Market Regimes– Evidence from commodity futures market |
| Robin Perälä | Hanken |
| Thesis | Forecasting Stock Returns with Supervised Learning: The Battle Against Data Snooping |
| Dani Porkka | Lappeenranta–Lahti University of Technology LUT |
| Thesis | On The Performance and Practical Implementation of Factor Momentum |