Master in Finance
Vaasa, Finland
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
31 Mar 2025
EARLIEST START DATE
Aug 2025
TUITION FEES
EUR 14,000 / per year
STUDY FORMAT
On-Campus
Introduction
Do you want a challenging career with a competitive salary? Are you talented and motivated? Do you have a Bachelor’s degree in finance, accounting or economics?
Our finance graduates have excellent international career prospects. Graduates from our Master’s Degree Programme in Finance have been very successful in their careers both in Finland and abroad:
- 52% of the students in our Master’s Degree Programme find a job before graduation
- Over 100 companies recruited our graduates
- EUR 3,500 average salary after graduation
Double Degree Opportunities:
- IÉSEG School of Management, France - IÉSEG School of Management is one of the top business schools in France, ranked 7th in France and 31st overall in the Financial Times Masters in Management 2017 ranking.
- Umeå University, Sweden - Umeå School of Business and Economics is known for its high level of education, research, and corporate connections as well as a strong focus on internationalization.
Ideal Students
You are eligible to apply if you have a bachelor’s degree in business administration in the field of finance or banking. If you do not have one of these degrees, your background education is considered suitable if the degree includes a. 20 % of academic business studies or at least 35 ECTS (or equivalent) of academic business studies have been completed outside of the degree. The academic business studies must consist of one or several of the following: corporate finance, investments, derivatives, financial mgt, financial markets, financial reporting, banking, and financial modelling.
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Admissions
Scholarships and Funding
The University of Vaasa offers a generous scholarship program for students who are subject to tuition fees. Scholarships are offered in the form of waivers based on the speed of commitment to the offered study place, previous academic performance and progress in the studies. The scholarships can be granted for the target time of the programme, which is two years in the master’s programmes.
First-Year Scholarships
Scholarships are applied for by choosing the scholarship option in the application form to the programme. Students are informed about receiving a possible scholarship together with the admission results.
6 000 EUR waiver for all who pay within 21 days from acceptance
The university offers a discount of 6 000 euros from the first year tuition fee to all fee-paying students who accept their study place offer and pay the remaining 8 000 euros within 21 days from receiving the acceptance email.
If you do not pay within 21 days, you may still be entitled to a smaller waiver if your previous academic performance has been excellent (see "International Excellence Scholarship" below). Please note that you cannot receive both the 21 days discount and the International Excellence Scholarship. If you do not meet the criteria for the International Excellence Scholarship, you will be required to pay the full sum for your first year after the 21 days have passed.
International Excellence Scholarship
Each Master’s Programme offers International Excellence Scholarships to applicants who have a CGPA of at least 4/5 (Finnish system) or equivalent in their respective international grading. The International Excellence Scholarship is granted as a first year tuition fee waiver as follows:
- EUR 4 000 (in all programmes)
Therefore, if you qualify for this scholarship, you are required to pay 10 000 euros for your first year.
Scholarships are personal and linked to the acceptance of the offered study place. They do not transfer to other universities.
Second-Year Scholarships
All first-year scholarships include a conditional scholarship for the second year (Academic Achievement Scholarship). Students who do not have a first-year scholarship can apply for the second-year scholarship during the studies. Details about the application for the second-year scholarship will be communicated to the students during their first year.
The second-year scholarships require registering as attending. If a student is non-attending for their second academic year for a reason other than one of the statutory reasons, the scholarship will not transfer to the next year of attendance.
Academic Achievement Scholarship
For the second year (academic year 2026-2027) students may receive the Academic Achievement scholarship worth EUR 6 000. In order to receive the Academic Achievement Scholarship, you must proceed with the studies in the target time, which means that you must complete at least 60 ECTS by the end of your first academic year. The required credits must be registered by 31 July 2026, and the credits must be included in your degree.
If you are granted the scholarship, you will need to pay the remaining 8 000 euros of tuition fee for your second year.
In case you have been registered as attending for only one semester during your first year, you must have completed at least 30 ECTS during that semester to qualify for the award of Academic Achievement Scholarship.
Finnish Language Achievement Scholarship
If you meet the requirements of the Academic Achievement Scholarship, you may be granted an additional Finnish Language Achievement Scholarship worth EUR 1 000. In order to receive this additional scholarship, you must complete at least 60 ECTS by the end of your first academic year and these studies must include all of the Finnish language studies required in your degree.
If you are granted the scholarship, you will need to pay the remaining 7 000 euros of tuition fee for your second year.
Please note that it is not possible to receive the Finnish Language Achievement Scholarship without receiving the Academic Achievement Scholarship.
Curriculum
The Master's Programme in Finance at the University of Vaasa offers a comprehensive curriculum designed to equip students with advanced financial expertise. Key components include:
- Research in Financial Analysis: Develop critical skills in evaluating financial data and conducting in-depth analyses.
- Corporate Responsibility and Ethics in Finance: Understand the ethical considerations and corporate responsibilities integral to modern financial practices.
- Advanced Financial Management: Master complex financial decision-making processes within corporate settings.
- Investment Analysis and Portfolio Management: Gain proficiency in assessing investment opportunities and managing diverse portfolios.
- International Financial Markets and Institutions: Explore the dynamics of global financial markets and the roles of various financial institutions.
This curriculum is designed to prepare students for successful careers in finance, banking, investment, and related fields. For detailed and up-to-date information, please refer to the official program page.
Program Tuition Fee
Career Opportunities
Some examples of the recruiting companies: PwC, Deloitte, Nordea, Nordic Investment Bank, Bank of Finland, Keva, Nokia, Ernst & Young, OP Financial Group, KONE, Mandatum Life, JP Morgan Chase & Co., and Wärtsilä.
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.