• Application Deadline
  • 24 months
Do you want a challenging career with a competitive salary? Are you talented and motivated? Do you have a Bachelor’s degree in finance, accounting or economics? Then, the Finance master program offered by the University of Vaasa is perfect for you.


Our high-quality teaching staff and scientific research have placed the Department of Accounting and Finance among the top research centres in Europe. The programme equips students with all the necessary tools that are needed for making decisions and solving problems. It also gives understanding for the increasingly complex and globalised financial markets. Students will also learn analytical approaches and methods for financial analysis.

The EPAS-accredited Programme is designed to provide students with a profound understanding of modern financial theory and its practical applications. The core coursework consists of compulsory finance courses taken during the first three academic semesters. These courses develop and broaden the students' knowledge of modern financial theory, while also providing a practical understanding of financial markets. Across both years of the Programme, the students take additional optional courses in which they may build expertise in specific areas of finance based on their own interests and career objectives.


The career prospects of accounting and finance graduates are excellent worldwide. Graduates from the Master’s Degree Programme in Finance have been very successful in their careers in Finland and internationally. 


EPAS accreditation 

The EPAS evaluation process considers programme delivery and design, programme outcomes, and quality assurance. The quality of education, international aspects and corporate interaction are also emphasised in the evaluation process.

Programme Structure

Courses include:

  • Finance
  • Language and General Studies
  • Methodological Studies
  • Master's Thesis Research
  • Elective Studies

Detailed Programme Facts

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:


    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:


    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:


    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

Academic Requirements

The following fields are evaluated in the application process:

  • Bachelor's Degree of the applicant (Suitability of the major subject in the Bachelor's Degree to the Master's Programme in question, scope of the degree, applicant's success in the previous studies.)
  • English language proficiency as instructed in admission criteria
  • In addition, the following areas are taken into consideration when evaluating the applications:

1. Motivation of the applicant (motivation letter included in the application form)

2. Relevant work experience

5. International experience

Tuition Fee

  • International

    12000 EUR/year
    Tuition Fee
    Based on the original amount of 12000 EUR per year and a duration of 24 months.
  • EU/EEA

    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

No tuition fee for:

  • EU/EEA citizen
  • equivalent to EU/EEA citizen (i.e. citizen of Switzerland)
  • residents of Finland on a permanent basis
  • students with an EU Blue Card

Living costs for Vaasa

  • 680 - 990 EUR/month
    Living Costs

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


First Year Scholarship - University of Vaasa Global Student Scholarship

Each Master’s programme will provide one 100% tuition fee waiver to the best ranked tuition fee subjected student based on the previous academic merits reviewed during application process.

Each Master’s programme will provide five 50% tuition fee waivers to the second, third, fourth, fifth and sixth best ranked tuition fee subjected students based on the previous academic merits reviewed during application process.

Second Year Scholarship - University of Vaasa Global Student Award for Academic Excellence

Every student completing the expected and required number of credits during the first year gets automatically a 50% tuition fee waiver.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.