Students from all over the world choose Finland for their higher and postgraduate education, attracted by its European quality, international environment, high standard of living, and affordable tuition fees. A Finnish degree enables you to have a successful career in any country, including in business, economics and finance.
MBA in Finland: Features
MBA and similar programs in Finland prepare highly qualified specialists, offering courses in business administration, marketing, management, accounting, and business ethics. Through intensive classes and a variety of learning projects, students have the opportunity to deepen their knowledge and improve their business communication, presentation skills, and so on. The choice of specialization ranges from a master’s degree in international business and sales management to a master of arts in creative entrepreneurship.
Application Requirements
The list of documents required to apply for a business degree program in Finland depends on the chosen institution. For example, the basic requirements for the future Masters include a Bachelor’s or Specialist’s degree, the results of the GMAT or GRE test, a sufficient level of English proficiency confirmed by the certificate (TOEFL, IELTS).
Tuition
Since 2017, for students from non-EU and EEA countries, a Master’s degree in English is tuition-based at all universities in Finland. The cost of tuition varies depending on the university. For example in the University of Helsinki a year of study costs from 13 000 to 18 000 euros, in Aalto University – from 12 000 to 15 000 euros. At the School of Economics Hanken price is 12 500 euros per year, and all international students are eligible to apply for one of the scholarships: they are assigned to those who achieve academic success and participate in research.
For example, the Hanken Honors Scholarship covers both first and second year tuition, the Hanken Honors Second Year Scholarship covers second year tuition, and the Finland Scholarship includes first year tuition and €5,000 for relocation expenses.
Hanken School of Economics
The Hanken School of Economics is an example of a popular university with a high ranking for those wishing to pursue a business education. Master’s and doctoral degrees taught in English are available here for students from abroad.
Hanken School of Economics was established more than a century ago. Today it is an international university, focused on close ties with the business community. It has two campuses: in Helsinki and Vaasa.
Teaching and business studies are conducted in several areas:
Accounting and Business Law
Finance and Economics
Management and organization
Marketing
The university also has competency centers, such as:
Center for Corporate Responsibility
Center of International Economic Law
Corporate Governance Center
Institute for Research on Gender, Diversity, Equality and Social Sustainability
Institute for Humanitarian Logistics, etc.
Ratings
U-Multirank’s international ranking ranks Hanken fifth in the world for research excellence and scholarly connections.
The university has all three most important international accreditations: EQUIS, AACSB and AMBA, which only 1% of all business schools in the world can boast.
The Master’s in Management program was ranked 45th in the Financial Times European Business School ranking in 2021.
Hanken’s diploma is highly valued: according to the latest alumni survey, the school ranks first in the level of educational programs. 95% of Hanken graduates in 2016 are satisfied with their career development, 98% are satisfied with their degree and are willing to recommend their alma mater to other students.
Programs
The Hanken School of Economics offers a wide variety of graduate programs. For example, the two-year Master of Economics and Business Administration program includes 120 ECTS credits. Students who study in English can choose from a variety of fields: business and management, corporate governance, economics, finance and accounting, intellectual law, etc.
In addition to academic programs at all levels, Hanken has an internationally accredited Executive MBA (EMBA) program that helps professionals strengthen their strategic decision-making and leadership skills. The course consists of two-year part-time modules and is taught in English.
International Connections
Hanken alumni work in more than 60 countries around the world. Hanken was once the first Finnish business school to introduce overseas internships for undergraduate students.