Overview

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 analysing 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, energy, and environmental 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, 10 and 13), helping students understand the economic mechanisms behind inclusive growth and sustainable development. You’ll explore how human capital, R&D, and innovation drive long-term prosperity, and how economic policies can reduce inequality and promote resilience.

Accreditation

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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Programme Structure

The Master's degree in Business Administration (120 credits) in the Master's program in Economics is structured as follows:

Studies in the field of study, including a Master's thesis
Communication and language studies
Module, study module, and minor studies and/or elective studies

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Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2026-08-01 00:00:00

Application deadline not specified.

More details

The University of Vaasa has 2 Admission round for the 2026 intake:

Joint Admission: Jan 7, 2026 - Jan 21, 2026
Rolling Admission: Oct 1, 2025 - Mar 31, 2026

Language

English

TOEFL^® IBT

92

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PTE Academic

62

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IELTS

6.5

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Credits

120 ECTS

Delivered

On Campus

Campus Location

Vaasa, Finland

Disciplines

Economics View 15 other Masters in Economics in Finland

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Academic requirements

GPA

Required

Applicant’s overall cumulative grade point average (CGPA) in previous degree, including the thesis or final report if applicable, must be at least 3,00/5 (ECTS grading).

English requirements

TOEFL^® IBT

92

Schedule TOEFL®

PTE Academic

62

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

The required application documents are:

Officially certified copy of Degree certificate(s) if graduated
Officially certified copy of Transcript(s) of records (an explanation of the grading system used is mandatory if it is not clearly stated in the Transcript)
Proof of language proficiency
Copy of passport's information page / official ID card
Copy of your residence permit card to Finland if you are not EU/EEA/Switzerland citizen and you are applying for the exemption from tuition fees based on your residence permit.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Vaasa and/or in Finland, please visit Student Insurance Portal.

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

14000 EUR / year

≈ 14000 EUR / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

Free

Additional Details

No tuition fee if you are:

EU/EEA citizen

equivalent to EU/EEA citizen (i.e. citizen of Switzerland)

residing in Finland on a permanent basis

EU Blue Card holder

Living costs

Vaasa

Finland

680 - 990 EUR / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

University of Vaasa offers a generous scholarship programme for students who are subject to tuition fees. Scholarships are applied for by choosing the scholarship option in the application form to the programme. Students are informed about possible scholarships together with the admission results.

The University of Vaasa offers scholarships in the form of waivers based on the speed of commitment to the offered study place, previous academic performance and progress in the studies.

For more details, please visit our website: https://www.uwasa.fi/en/education/apply/general-information-about-applying#section_5259

Win a €10000 Scholarship! Deadline: 30 June 2020

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Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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About

Overview

Accreditation

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Make sure you meet all requirements

Tuition Fees

International Applies to you

EU/EEA Applies to you

Additional Details

Living costs

Vaasa

Funding

Check for any work restrictions

Need help with your student visa?

Scholarships Information

Available Scholarships

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