Turku School of Economics (Finnish Turun kauppakorkeakoulu) is a unit of the University of Turku located in Turku, Finland. It was established as an independent higher education business school in 1950, until it was acquired by the state in 1977. It was the second largest school of its kind in Finland, with approximately 2,000 graduate and 250 postgraduate students and a staff of 350. In January 2010, Turku School of Economics became the seventh faculty of the University of Turku.