Economics University of Vaasa
| Award | Attendance | Study | Duration | Start | Domestic fees | International fees |
|---|---|---|---|---|---|---|
| MSc | On-Campus | Full-time | 2 years | August | find out | €14000 per year |
International tuition fees are 14,000 Euros per year. The University also offers generous scholarships as tuition fee waivers up to 6,000 Euros available across both years of study.
You do not have to pay tuition fee if you:
- are an EU/EEA citizen
- are equivalent to an EU/EEA citizen (i.e. citizen of Switzerland)
- have a permanent residence permit (type P)
- have an EU Blue Card
- have a continuous residence permit in Finland for purposes other than studies. However, please note that in the following cases the tuition fee is charged:
- If the first residence permit in Finland was granted for the purpose of studying, tuition fees must be paid, even if a type A permit is later obtained on other grounds.
- If the type A permit is based on family ties, and the family member originally came to Finland on a residence permit granted for studying, tuition fees are required.
- If the type A permit is granted for studying, tuition fees are required.
For further information, please see our website.
Course overview
Economics as a discipline is wide-ranging and versatile, and an economics degree is valued in working life. The economics subject at the University of Vaasa focuses especially on competence in the following areas:
- Understanding and analysis of the operations of banks and insurance companies
- Financial and stock market knowledge
- Analysis of international trade and economics
- Understanding of intangible capital in business operations and the national economy
- Sustainable development and energy economics
Master's studies in economics offer insight and skills for tasks that require overall financial knowledge. Experts in economics are called economists. The master's degree in business sciences in the economics education program creates the skills to work as an economist. The expertise of an economist has traditionally been needed for economic monitoring and research. The globalizing economy also requires a deep understanding of economic activity and analytical ability from those working in expert and management positions.
The intensive 2-year programme consists of 120 ECTS and earns you a Master of Science in Economics and Business Administration degree.
Entry requirements
1. Scope of the degree
- A recognized 3- or 4-year bachelor’s degree at a higher education institution (HEI) which is considered equivalent to a Finnish bachelor’s degree. There are guidelines available for those who have completed their degree outside the EU: Entry guidance for international qualifications.
2. Suitability of the background education
- A bachelor’s degree in business administration in the field of banking, econometrics, economics or finance.
- If the applicant does not have one of these degrees, the background education is considered suitable if the degree includes min. 20 % of academic economics/business studies, or the applicant has completed outside the degree at least an amount equivalent to 35 ECTS of academic econmics/business studies. At least 25 ECTS of these studies must consist of one or several of the following: economics, microeconomics, macroeconomics, managerial economics, international economics, financial markets, public economics, banking, econometrics, time-series analysis.
3. Applicant’s overall cumulative grade point average (CGPA) in previous degree, including the thesis or final report if applicable, must be at least 3,00/5 (ECTS grading).
4. English language proficiency
Why study at University of Vaasa
- A global top 500, high quality Research university
- Masters programmes in English, designed for industry by integrating Business and Technology
- Competitive fees and scholarships
- A beautiful campus located by the sea, a vibrant city centre and with access to stunning nature
- A region with a status as one of the world's key Energy hubs