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 application deadline is on 28 February. Approximately 20 students are accepted to the programme annually.
Evaluation of applications
The following fields are evaluated in the application process:
1. Bachelor's degree of the applicant
- Suitability of the major subject in Bachelor's degree to the Master's programme in question, scope of the degree, applicant’s success in the previous studies.
2. Language proficiency
In addition, the following areas are taken into consideration when evaluating the applications:
3. Motivation of the applicant
4. Relevant work experience
5. International experience
Application
Application Period: 1 January – 28 February 2012
All students apply for admission to the programme by filling in the electronic application form available at Application Forms. After filling in and submitting the electronic form, the applicant must print out the application form generated by the system, sign the form, and enclose certified copies of the required application documents to the application form.
To be enclosed in the application:
- Application form (generated by the electronic system)
- Passport photo
- Degree certificate(s)/certificate(s) of previous studies
- Transcript of university records: The transcript should clearly state the courses you have taken and the grades you have achieved. Please also attach an explanation of the grading system used if it is not clearly stated in the transcript.
- CV: Please use the Europass CV form
- Photocopy of passport's information page / official ID
- Certificate of language proficiency (please see the list below)
- Letter of Motivation.
The letter of Motivation is used to assess the applicant's enthusiasm and commitment to studying Finance at the University of Vaasa. The letter should be a maximum of two pages and should, at the very least, provide clear and compelling answers to the following questions:
I) Why am I applying for admission to this programme at the University of Vaasa?
II) What especially interests me in the programme?
III) How do my previous study and/or work experiences support my application, i.e. why should I be admitted?
IV) What issue in Finance do I find relevant and interesting that would make an interesting topic for research?
When applying for admission, the applicants are required to prove their English language proficiency with one of the following options:
- TOEFL -test with minimum score of 550 in paper-based test, 213 in computer-based test or 79 in iBT (The University of Vaasa TOEFL code is 0647)
- IELTS test (Academic) with minimum score of 6.0 (each section minimum 5.5)
- Certificate of Proficiency in English (CPE) with pass grade A, B or C
- Certificate in Advanced English (CAE) with pass grade A, B or C
- National Certificate of Language Proficiency (arranged by Finnish National Board of Education) with an average language skill level 5 or 6 in the English language
- Certificate of secondary education completed in English in EU / EEA countries, United States, Canada, Australia, New Zealand or South Africa
- Certificate of English as the A language (i.e. mother tongue) as a part of International Baccalaureate degree, or as the LI (i.e. mother tongue) or the LII (i.e. as the official language) as a part of European Baccalaureate degree
- Bachelor's or Master's degree (or equivalent) completed in English in one of the EU / EEA countries, United States, Canada, Australia, New Zealand or South Africa. If the language of instruction (English) is not clearly stated in the degree certificate, it is to be verified by a certificate signed by a university official
- English as the major subject in Bachelor's or Master's degree
- Certificate of English as a foreign language in a Finnish university degree
The applicants may also enclose other certificates and documents supporting the application (e.g. relevant work certificates, letters of recommendation and certificates of other university level studies). The documents must be submitted in Finnish, Swedish or English. The original documents must be presented upon registration.
The application and the required documents must be submitted to the university according to the instructions. The electronic application form must be filled in and saved to the system by 28 February 2012 at 24.00 (local, Finnish time) at the latest. The printable application form generated by the electronic system and the required documents must be submitted to the university by 13 March 2012 at 16.15 at the latest. Late or incomplete applications will not be accepted or considered in the admission process.
Please see the General Application Instructions for information about how to submit your application to the university.
Detailed programme structure and course descriptions of the Master's Degree Programme in Finance (please navigate with the menu on the left-hand side of the page)



