Admission criteria for Strategic Finance and Analytics

• 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 or Switzerland

  • 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 be eligible to apply to the programme, you must have completed

• a minimum of 40 ECTS credits of studies in Finance, Accounting or Economics related and applicable to the programme

by the application deadline.

These studies must be completed in one or two of the following groups of universities:

• a University, all countries
• a University of Applied Sciences, EU/EEA countries and Switzerland

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 + ECTS conversion
What to do if there are no credits available for the completed courses?

You must prove your proficiency in English with one of the following:

• one of the accepted language tests
• a degree in higher education completed in English in an EU/EEA country or in Australia, Canada, Ireland, New Zealand, Switzerland, United Kingdom or the United States of America
• a degree in higher education completed in Finnish or in Swedish in Finland

More information: How to prove your proficiency in English

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.

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 2023
• Provide us with the following documents by 31 August 2023 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 2023 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.

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* 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.

In case of the courses not listed in ECTS credits as requested and the total ECTS credits for them not indicated, the completed studies will not be evaluated.

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:

• 1.00 - 2.99 = 0 points
• 3.25 - 3.74 = 1 point
• 3.75 - 4.24 = 3 points
• 4.25-5.00 = 5 points

The GPA evaluated 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 are invited to an interview in the order of the highest total points for stage 1.

The following elements are evaluated in the interview:

• Motivation
• Applicability for the programme
• Practical orientation
• Communication skills