In addition to the general admission criteria, all the Master's programmes have their own admission criteria. The admission criteria contains information about the selection process and evaluation of applications. They also state, for example, the number of students selected to the programme annually.
Please remember also to read through general admission criteria for more information about the application process and information on how to submit the application form and the required documents to the university.

Intakes of the programmes in 2021 are as follows:

Master's Degree Programme in Finance 20
Master's Degree Programme in International Business 35
Master's Programme in Strategic Business Development 20
Master's Programme in Industrial Management 30
Master's Programme in Smart Energy 20
Master's Programme in Industrial Systems Analytics 20

 

Please click on the name of the programme to see its admission criteria and detailed application instructions. Please note that the admission criteria are not the same in all of the programmes. Therefore, if you apply for admission to more than one Master's programme, please check the criteria and instructions for all the programmes you are interested in.

Master's Degree Programme in Finance

The applicants of the Master’s Degree Programme in Finance (120 ECTS) should have a Bachelor’s degree in an appropriate field when applying for admission to the programme. The appropriate fields include business studies, mathematics and statistics. The programme leads to a degree in Master of Science in Economics and Business Administration and approximately 20 students are accepted to the programme annually.

Eligibility

To be considered for admission to the Master's Programme in Finance, the applicant must fulfil the following criteria:

1. Scope of the degree: A 3- or 4-year Bachelor degree at university or polytechnic level

2. Prior studies at Bachelor level or higher in the core areas of the programme

3. Applicant’s performance (i.e. GPA) in previous studies, including the thesis or final report (i.e. the final assignment students must complete in circumstances where a thesis is not used).

  • The overall grade (GPA) and the grade of the thesis for a Bachelor’s degree from a university should be at least ‘good’ 3/5 (ECTS grading), or equivalent in the systems not using the ECTS.
  • The overall grade (GPA) and the grade of the thesis or final report for a Bachelor’s degree from a polytechnic or university of applied sciences should be at least ‘good’ 3/5 (ECTS grading).

4. English language proficiency as instructed in admission criteria

Selection

Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are selected for admission to the programme. The criteria used in the selection process are listed below in order of importance. The selection process uses an objective system of points for the evaluation of candidates (in total 45 points). The weight of each of the criteria is the following:

1. Applicant’s amount of relevant prior studies and the performance in these (including the thesis or final work) (25 points)
2. Applicant's amount of international experience (work and/or study) (5 points)
3. Applicant's amount of work experience in areas relevant to the programme (5 points)
4. Applicant's motivation (10 points)

The application and the required documents must be submitted according to the instructions. The online application and the required documents should submitted to the University of Vaasa by deadline. Late or incomplete applications will not be processed.

Please see section Admission Criteria for information on all the required application documents.

Master's Degree Programme in International Business

Students are eligible for admission to the two-year Master’s Degree Programme in International Business (MIB programme) if they have completed a Bachelor’s degree in an appropriate field. The MIB programme is open both for international and Finnish applicants. The programme leads to a Master of Science degree in Economics and Business Administration. Approximately 35 students are accepted to the programme each year.

Eligibility

To be considered for admission to the programme, the applicant must fulfil the following criteria:

1. Scope of the degree

  • A 3- or 4-year Bachelor degree at university or polytechnic level

2. Prior studies at Bachelor level or higher in the core areas of the programme

  • For the MIB programme these areas are: international business, marketing, and management and organisation

3. Applicant’s performance (i.e. GPA) in previous studies, including the thesis or final report (i.e. the final assignment students must complete in circumstances where a thesis is not used)

  • The overall grade (GPA) and the grade of the thesis for a Bachelor’s degree from a university should be at least ‘good’ 3/5 (ECTS grading), or equivalent in the systems not using the ECTS.
  • The overall grade (GPA) and the grade of the thesis or final report for a Bachelor’s degree from a polytechnic or university of applied sciences should be at least ‘good’ 3/5 (ECTS grading).

4. English language proficiency as instructed in admission criteria

Selection

Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are selected for admission to the programme. The criteria used in the selection process are listed below in order of importance. The selection process uses an objective system of points for the evaluation of candidates (in total 45 points). The weight of each of the criteria is following:

1. Applicant's amount of relevant prior studies and the performance in these (including the thesis or final work) (25 points)

2. Applicant's amount of international experience (work and/or study) (5 points)

3. Applicant's amount of work experience in areas relevant to the programme (5 points)

4. Applicant's motivation (10 points)

The application and the required documents must be submitted according to the instructions. The online application and the required documents should submitted to University of Vaasa by deadline. Late or incomplete applications will not be processed.

Please see section Admission Criteria for information on all the required application documents.

Master's Programme in Industrial Management

Students are eligible for admission to the two-year Master's Programme in Industrial Management if they have completed a Bachelor's Degree in an appropriate field. The programme is open both for international and Finnish applicants. The aim is that half of the accepted students are international. The programme leads to Master of Science degree in Economics and Business administration. Approximately 30 students are accepted to the programme each year.

Eligibility

To be considered for admission to the Master's Programme in Industrial Management, the applicant must fulfil the following criteria:

1. Scope of the Degree

  •  a 3-4 year Bachelor’s degree (or equivalent) in an appropriate field outside Finland or
  • a university level Bachelor’s (or Master’s) degree in an appropriate field or
  • a polytechnic level Bachelor’s degree in an appropriate field in Finland

The appropriate fields include e.g. Business Studies or Technology. Previous degree/studies must include courses in the business studies regardless the major subject in the degree.

2. Prior studies at Bachelor level or higher in the core areas of the programme

3. English language proficiency as instructed in the admission criteria

Selection

Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are se-lected for admission to the programme. The criteria used in the selection process are listed below. The selection process uses an objective system of points for the evaluation of candidates (in total 40 points). The weight of each of the criteria is the following:

1. Degree certificate (suitability of the studies in Bachelor’s degree to the Master’s programme in question, scope of the degree, applicant’s academic performance in the previous studies) 0-30 points

2. Work experience 0-5 points (on the basis of the submitted application documents)

3. Motivation 0-5 points (motivation letter)

The accepted students may be required to complete supplementary studies (maximum 60 ECTS) to supplement the skills and knowledge acquired dur-ing their previous studies to the level required in the Master level studies.

The application and the required documents must be submitted according to the instructions. The online application and the required documents should submitted to the University of Vaasa by deadline. Late or incomplete applications will not be processed.

Please see section Admission Criteria for information on all the required application documents.

Master's Programme in Industrial Systems Analytics

Students are eligible for admission to the two-year Master’s Programme in Industrial Systems Analytics if they have completed a Bachelor’s Degree in an appropriate field. The programme is open both for international and Finnish applicants. The aim is that half of the accepted students are international. The programme leads to Master of Science degree in Technology. Approximately 20 students are accepted to the programme each year.

Eligibility

To be considered for admission to the Master’s Programme in Industrial Systems Analytics, the applicant must fulfil the following criteria:

1. Scope of the Degree

a. a 3-4 year Bachelor’s degree (or equivalent) in an appropriate field outside Finland or

b. a university level Bachelor’s (or Master’s) degree in an appropriate field

c. a polytechnic level Bachelor’s degree in an appropriate field in Finland

The appropriate fields include e.g. industrial engineering, systems engineering or similar engineering field or other degree in a closely related field and appropriate additional studies. A degree in business studies is not an appropriate degree unless it includes sufficient amount of appropriate studies in a field of technology.

2. Prior studies at bachelor level or higher in the core areas of the programme

3. English language proficiency as instructed in admission criteria

Selection

Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are selected for admission to the programme. The criteria used in the selection process are listed below. The selection process uses an objective system of points for the evaluation of candidates (in total 40 points). The weight of each of the criteria is following:

1. Degree certificate (suitability of the studies in Bachelor’s degree to the Master’s programme in question, scope of the degree, applicant’s academic performance in the previous studies) 0-30 points

2. Work experience 0-5 points (on the basis of the submitted application documents)

3. Motivation 0-5 points (motivation letter)

The accepted students may be required to complete supplementary studies (maximum 60 ECTS) to supplement the skills and knowledge acquired during their previous studies to the level required in the Master level studies.

The application and the required documents must be submitted according to the instructions. The online application and the required documents should submitted to the University of Vaasa by deadline. Late or incomplete applications will not be processed.

Please see section Admission Criteria for information on all the required application documents.

Master's Programme in Smart Energy

Students are eligible for admission to the two-year Master’s Programme in Smart Energy if they have completed a Bachelor’s Degree in an appropriate field. The programme is open both for international and Finnish applicants. The aim is that half of the accepted students are international. The programme leads to Master of Science degree in Technology. Approximately 20 students are accepted to the programme each year.

Eligibility

To be considered for admission to the Master’s Programme in Smart Energy, the applicant must fulfil the following criteria:

1. Scope of the Degree

a. a 3-4 year Bachelor’s degree (or equivalent) in an appropriate field outside Finland or

b. a university level Bachelor’s (or Master’s) degree in an appropriate field

c. a polytechnic level Bachelor’s degree in an appropriate field in Finland

The appropriate fields include e.g. electrical engineering, energy technology, automation technology, telecommunications engineering, or similar engineering field or other degree in a closely related field and appropriate additional studies. A degree in business studies is not an appropriate degree unless it includes sufficient amount of appropriate studies in a field of technology.

2. Prior studies at bachelor level or higher in the core areas of the programme

3. English language proficiency as instructed in admission criteria

Selection

Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are selected for admission to the programme. The criteria used in the selection process are listed below. The selection process uses an objective system of points for the evaluation of candidates (in total 40 points). The weight of each of the criteria is the following:

1. Degree certificate (suitability of the studies in Bachelor’s degree to the Master’s programme in question, scope of the degree, applicant’s academic performance in the previous studies) 0-30 points

2. Work experience 0-5 points (on the basis of the submitted application documents)

3. Motivation 0-5 points (motivation letter)

The accepted students may be required to complete supplementary studies to supplement the skills and knowledge acquired during their previous studies to the level required in the Master level studies.

The application and the required documents must be submitted according to the instructions. The online application and the required documents should submitted to the University of Vaasa by deadline. Late or incomplete applications will not be processed.

Please see section Admission Criteria for information on al the required application documents.

Master's Programme in Strategic Business Development

Students are eligible for admission to the two-year Master’s Programme in Strategic Business Development if they have completed a Bachelor’s degree in an appropriate field. The programme leads to a degree in Master of Science in Economics and Business Administration. Approximately 20 students are accepted to the programme each year.

Eligibility

To be considered for admission to the Master's Programme in Strategic Business Development, the applicant must fulfil the following criteria:

1. Scope of the degree: A 3- or 4-year Bachelor degree at university or polytechnic level

2. Prior studies at Bachelor level or higher in the core areas of the programme:

  • For the Programme in Strategic Business Development these areas are: international business, marketing, and management and organisation;
  • Other than Business administration field if candidates can demonstrate a proper background in business studies as follows: minimum of 35 ECTS in business studies is required (of which 20 ECTS in marketing, management or accounting & finance and 10 ECTS other business studies).

3. Applicant’s performance (i.e. GPA) in previous studies, including the thesis or final report (i.e. the final assignment students must complete in circumstances where a thesis is not used).

  • The overall grade (GPA) and the grade of the thesis for a Bachelor’s degree from a university should be at least ‘good’ 3/5 (ECTS grading), or equivalent in the systems not using the ECTS.
  • The overall grade (GPA) and the grade of the thesis or final report for a Bachelor’s degree from a polytechnic or university of applied sciences should be at least ‘good’ 3/5 (ECTS grading).

4. English language proficiency as instructed in admission criteria

Selection

Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are selected for admission to the programme. The criteria used in the selection process are listed below in order of importance. The selection process uses an objective system of points for the evaluation of candidates (in total 45 points). The weight of each of the criteria is the following:

1. Applicant's amount of relevant prior studies and the performance in these (including the thesis or final work) (25 points)

2. Applicant's amount of international experience (work and/or study) (5 points)

3. Applicant's amount of work experience in areas relevant to the programme (5 points)

4. Applicant's motivation (10 points)

The application and the required documents must be submitted according to the instructions. The online application and the required documents should submitted to the University of Vaasa by deadline. Late or incomplete applications will not be processed.

Please see section Admission Criteria for information on al the required application documents.