AalFinance, Master of Science (Economics and Business Administration)Aalto University · Espoo, Finland

Program Overview

Degree: Master's
Duration: 24 months
Tuition (2026/27 rates): €15,000
Fields: Business, Finance

Application Cycle

2027/28 dates and tuition are not yet published. Showing 2026/27 cycle data as an estimate.

Application opens (2026/27 dates): Dec 1, 2025
Application deadline (2026/27 dates): Jan 2, 2026

Documents Required

Please check the official program website (link below) for specific writing guidelines

Published Score Requirements

Academic: Bachelor's degree; Relevant bachelor's degree. Admission group 1 (Finnish university bachelor's): weighted GPA below 3.50/5.0 is not eligible. Admission group 2 (Finnish UAS or foreign HEI): must demonstrate good academic performance.
Prerequisites: Relevant academic background; Basics of finance (discounting/present value, cost of capital, asset pricing and portfolio theory, financial institutions/markets) are an advantage. Applicants with little finance background may be required to complete one or two B.Sc.-level finance courses in the first year. Non-finance bachelor's (including engineering/CS) may apply.
GMAT: Expected GMAT 650+ / GMAT Focus 595+; Obligatory for admission group 2 (Finnish UAS bachelor's or higher education institution abroad). GMAT receives the most weight in selection for group 2.
IELTS: 6.5 overall (6.0 writing); Required if prior degree was not taught in English.
TOEFL: New scale: 4.5 overall (4.0 each component) | Old scale: 92 overall (22 writing); For tests taken on or after 21 January 2026.

Official transcript(s)

Official bachelor's transcript; include additional university transcripts if relevant. Course descriptions of relevant courses required as one PDF. If prior institution uses a non-ECTS scale, attach an informal credit/grading-scale description.

AalFinance, Master of Science (Economics and Business Administration)Aalto University · Espoo, Finland

Program Overview

Application Cycle

Documents Required

Published Score Requirements

Source