The next Regular Admission for studies starting in September 2023 will start in the beginning of December 2022 while the new eligibility requirements being released by the end of September.
Admission criteria
Bachelor of Science in Economics and Business Administration
Completed in a University
Kauppatieteiden kandidaatti
Having completed a Master of Science Degree in Economics and/or Business Administration or equivalent at the time of applying or, completing it before starting the LUT Master's studies makes you ineligible to apply.
Bachelor of Business Administration
Completed in a University of Applied Sciences
Tradenomi (AMK)
Master of Business Administration
Completed in a University of Applied Sciences
Tradenomi (YAMK)
- Previous degree completed: Tradenomi (AMK)
You must apply with the degree Tradenomi (AMK)
- Previous degree completed: Bachelor's Degree (AMK) in a field other than Business Administration
You must apply with the previous Bachelor's Degree (AMK)
> Copy for the Degree Certificate for Tradenomi (YAMK) to be included in the application documents for getting exempted from taking a GMAT Exam or GRE General Test.
Bachelor's Degree in a field other than Business Administration
Completed in a University
- A minimum of 24 ECTS credits of studies completed in Business Administration required.
Having completed a Master's Degree in a field other than Economics and Business Administration still makes you eligible to apply, but only when applying with the Bachelor's Degree.
Bachelor's Degree in a field other than Business Administration
Completed in a University of Applied Sciences
- A minimum of 24 ECTS credits of studies completed in Business Administration required.
- GMAT Exam or GRE General Test with minimum required score/s required.
Having completed a Master's Degree in a field other than Business Administration still makes you eligible to apply, but only when applying with the Bachelor's Degree.
The Admissions Committee for the programme always reserves a right to decide whether the degree and the completed studies provide the applicant with eligibility to apply to the programme.
Bachelor of Science in Economics and/or Business Administration
Completed in a university - all countries
Including equivalent degrees with different titles but meeting with the following requirements included.
- A minimum of 80 ECTS credits of studies in Business Administration must be included.
- An equivalent degree to a corresponding Finnish Bachelor of Science Degree by number of academic years and ECTS credits.
- Degree providing you with eligibility to apply to university level Master's studies in the country where the degree was awarded in.
Having completed a Master's Degree in Economics and/or Business Administration or equivalent at the time of applying or, completing it before starting the LUT studies makes you ineligible to apply.
Bachelor of Business Administration
Completed in a University of Applied Sciences - EU/EEA countries
- A minimum of 80 ECTS credits of studies in Business Administration must be included.
- An equivalent degree to a corresponding Finnish Bachelor of Science Degree by number of academic years and ECTS credits.
- Degree providing you with eligibility to apply to university level Master's studies in the country where the degree was awarded in.
Having completed a Master's Degree in Business Administration still makes you eligible to apply, but only when applying with a Bachelor's Degree.
Bachelor's Degree in a field other than Business Administration
Completed in a University - All countries
- A minimum of 24 ECTS credits of studies completed in Business Administration required.
- GMAT Exam or GRE General Test with minimum score/s required.
Having completed a Master's Degree still makes you eligible to apply, but only when applying with the Bachelor's Degree.
Requirements for the degree-awarding university
The university having awarded you the degree you are applying with must be
- An official and recognized part of the national education system
- Listed on the World Higher Education Database WHED by International Association of Universities
The Admissions Committee for the programme always reserves a right to decide whether the degree and the completed studies provide the applicant with eligibility to apply to the programme.
To possibly get admitted, you must have completed
a minimum of 40 ECTS credits of studies in Finance, Accounting or Economics related and applicable to the programme
You must list your courses in English on your application form - also when they have been completed in Finnish - plus, upload an official Transcript of Records in English for your studies.
The names of the courses you list in English on the application form must be identical with the names of the courses on the Transcript of Records in English.
Minimum requirements for the completed studies
What to do if there are no credits available for the completed courses?
You must prove your proficiency in English with
- one of the accepted language tests OR,
- a degree completed in English in an EU/EEA country or in Australia, Canada, ireland New Zealand, Switzerland, United Kingdom or the United States of America
More information: How to prove your proficiency in English
Required with certain degrees
In Regular Admission, one of the tests is required for programmes in Business Administration when applying with the following degrees:
Degrees completed in Finland
Bachelor's or Master's Degree in a field other than Business Administration
Completed in a University of Applied Sciences
Degrees completed outside of Finland - all countries
Bachelor's or Master's Degree in a field other than Business Administration
Completed in a University
Minimum required scores
Total score 550
GRE General Test & GRE General Test at Home
Verbal Reasoning 152 + Quantitative Reasoning 152 + Analytical Writing 3.0
How to send your score reports?
GMAT Exam and GMAT Online Exam
LUT only accepts electronic GMAT Score Reports made available in their Score Report Database to
Lappeenranta-Lahti University of Technology LUT
Before taking your GMAT test, you may select up to 5 GMAT-accepting programmes/institutes to receive your Official Score Report
You may also send extra score reports for extra cost
Further information: GMAT Tests: Sending Your Scores.
GRE General Test and GRE General Test at Home
LUT University only accepts electronic GRE Test Score Reports that are made available in their Score Report Database to
Lappeenranta-Lahti University of Technology LUT - institutional code 2382
Before taking your GRE test, you may select up to 4 GRE-accepting insititutes to receive your scores.
You may also send extra score reports for extra cost.
Further information: GRE Tests: Sending Your Scores.
Validity for the GMAT Exam and GRE General Test
The result for the GMAT Exam and the GRE General Test must be valid on the date of submitting the application.
The result for the GMAT Exam and the GRE General Test is valid for 5 years from the date of taking the test.
Application process
Before starting your application process, have a look at the basics on applying at
- Applying to Master's Programmes through Regular Admission
>> Application process
where all the important information regarding to applying in general is given.
- Degree Certificate for the Bachelor's Degree
- Upload a scan for the original Degree Certificate
- + an official translation in English if the original is awarded in another language
- + an official translation in English if the original is awarded in another language
- Upload a scan for the original Degree Certificate
- Transcript of Records for the Bachelor's Degree
- Upload a scan for the original Transcript of Records
- + an official translation in English if the original is awarded in another language
- Upload a scan for the original Transcript of Records
An official Diploma Supplement in English will be considered as an official translation for both the original Degree Certificate and Transcript of Records.
You may also need to upload additional educational documents
- Degree Certificate and/or Transcript of Records for another degree completed
- If proving your proficiency in English with another degree apart from the one you are applying with.
- Transcript of Records for additional university level studies
- If having completed programme-specifically required university-level studies not included in the degree you are applying with.
- If having completed programme-specifically required university-level studies not included in the degree you are applying with.
- Language Test Result when required
- Upload the test result or a screen shot from your test account
- the result will always be electronically verified
- GMAT Exam or GRE General Test when required
- If applying to this programme with a degree in a field other than Business Administration
- Completed in a Finnish University of Applied Sciences
- Completed in a University outside of Finland
- GMAT Exam: Total score 550
- GRE General Test: Verbal Reasoning 152 + Quantative Reasoning 152 + Analytical Writing 3.0
- If applying to this programme with a degree in a field other than Business Administration
- Passport or ID card with nationality
- Upload a scan for your passport or ID card.
- Finnish Residence Permit Card
- Upload a copy of your Finnish Residence Permit card if having one.
When applying
- Indicate the estimated date of graduation on your Application Form
- No official statement for the date required from the home university
- Upload your latest Transcript of Records to your Online Application Form
- plus the official translation (when required)
- The Transcript of Records must include the name of the degree to be awarded.
- If not included, an additional statement issued by the awarding university about the name of the degree must be uploaded to your Online Application Form.
If admitted
If admitted, you must be able to
- Graduate by 31 August 2022
- Provide us with the following documents by 31 August 2022 at 15:00 (UTC+3)
- Scan for your original Degree Certificate
- Scan for your original Transcript of Records
- Provide us with the following documents by 6 September 2022 at 15:00 (UTC+3)
- Scans for the official translations in English for both the documents (when applicable)
- Official translations required, if the original documents are not issued in English, Finnish or Swedish.
The documents must be provided according to the given instructions despite of the country the degree was awarded in.
If not being able to meet with both the requirements by the given deadlines, your right to study in the programme will automatically be cancelled and you will lose your place without a possibility to claim it back.
Evaluation
Before the academic evaluation begins, the admission committee checks the programme-specific requirements and the applicants meeting the requirements will move forward to academic evaluation, which is done in two subsequent stages.
Stage 1: Educational background
The applicant's educational background will be evaluated based on the required information given on the application form and the required application documents.
Stage 2: Interview
A limited number of applicants are invited to an interview and the final selection will be completed among the interviewed applicants based on
- Points for the interview only (stage 2)
Previous Relevant Studies, max. 7 points
Studies in Finance, Accounting or Economics applicable to the programme:
- 40-69 ECTS credits = 3 points
- 70- ECTS credits = 5 points
Studies in Research Methods* that are applicable to the programme:
- 24- ECTS credits = 2 points
*Analytics, Applied Mathematics, Statistics, Information Processing or Information Technology
Important: You are responsible for converting, calculating and writing the correct and completed studies in ECTS credits on your application form listed by disciplines according to the following:
- 1 ECTS credit = a workload of 27 hours (lectures, assignments etc.)
NOTE: You must list your courses in English on your application form - also whenever they have been completed in Finnish - plus, upload an official Transcript of Records in English for your studies.
The name of course and corresponding ECTS credits must be listed in the relevant box on the application form. The total ECTS credits must also be reported at the end of the course list. The same course cannot be listed in two or more fields. The names of each course you list in English on the application form must be identical with the names of the courses on the Transcript of Records in English.
Minimum requirements for the completed studies
What to do if there are no credits available for the completed courses?
Academic Success, max. 5 points
GPA for the degree providing you with the eligibility to apply:
- 3.25 - 3.74 = 3 points
- 3.75 - 5.00 = 5 points
The GPA considered in the LUT selection process is an arithmetic average of all individual study records included in the degree and graded with numbers, including the Final Thesis and excluding the grades for all the fails. The considered GPA includes two decimals.
Your GPA will be converted on a scale of 1.00 - 5.00 during the evaluation process when the original scale having been a different one.
A limited number of applicants from all three Admission Groups are invited to an interview in the order of the highest total points scpred in stage 1.
The following elements are evaluated in the interview:
- Motivation
- Applicability for the programme
- Practical orientation
- Communication skills
The interview will be conducted online.