Economics

Studying Economics, you’ll gain the analytical tools and critical thinking skills needed to interpret economic phenomena, influence decision-making, and contribute to sustainable growth. Whether your goal is to work in banking, policy, research, or business strategy, this programme equips you with the expertise to thrive in a rapidly changing global economy.
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Education type:
Master
Degree
Master of Science (Economics and Business Administration)
Credits:
120
Time of study:
Day time teaching
Form of teaching:
Contact teaching, Blended teaching, Online teaching
Location:
Vaasa
Language of instruction: English
Tuition fee for non-EU/EEA citizens:
14000€

Why choose Master's programme in Economics at the University of Vaasa?

Research-driven and practice-oriented learning

At the University of Vaasa, economics is taught by active researchers who are deeply involved in real-world economic issues. The programme combines academic theory with practical insights. Students benefit from guest lectures, excursions, and hands-on courses that reflect current economic challenges and policy debates.

Focus on sustainable growth and the future economy

The programme emphasizes sustainable economic development. Students explore how human capital, innovation, and intangible assets drive long-term growth. Courses in corporate responsibility, energy economics, and ethics in finance prepare graduates to make informed, responsible decisions in a changing global economy.

High-quality education

We are ranked best in Finland and 22nd in the world for Business Administration (Shanghai Ranking) and among the top 500 in the THE World University Rankings 2024. In our accredited programmes you can expect knowledgeable, high-quality teaching and guidance.

Studies in Economics

Economists play a key role in shaping the future – from analyzing financial markets to advising governments and businesses. Our Master’s Programme in Economics provides a solid foundation in economic theory, data analysis, and policy evaluation, with a strong emphasis on real-world applications and sustainability.

The Economics 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

Our teaching is research-driven: all economics lecturers are active researchers in our dedicated research group, focusing on financial literacy, sustainable growth, and global financial markets. We collaborate closely with institutions like the Bank of Finland and the Ministry of Finance, and students benefit from guest lectures, excursions to key European economic hubs, and a specialized course on macroprudential policy and financial stability.

The programme also supports the UN Sustainable Development Goals (SDGs 8, 9, and 10), helping students understand the economic mechanisms behind inclusive and sustainable growth. You’ll explore how human capital, R&D, and innovation drive long-term prosperity, and how economic policy can reduce inequality and promote resilience.

More detailed course structure will be updated later. 

Accreditations – ensuring quality education

AACSB Accredited

The University of Vaasa's business studies has received the internationally renowned AACSB accreditation, ensuring high quality in economics and business administration education. 

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Who can apply? How to apply?

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You are eligible to apply if you have a bachelor's degree in a relevant field. Read our detailed guide on how to apply and check the programme-specific criteria on the Studyinfo portal. Ready to apply? Go to the Studyinfo portal to submit your application.

Questions about studies or applying?