Admission criteria for Strategic Finance and Analytics

Read more about the programme at Master's programme in Strategic Finance and Analytics.

✅ Bachelor of Science in Economics and Business Administration 
Completed at a university
Kauppatieteiden kandidaatti  

✅ Bachelor of Business Administration 
Completed at a university of applied sciences
Tradenomi (AMK)  

 ✅ Bachelor's Degree in a field other than Economics and Business Administration 
Completed at a university  

✅ Bachelor's Degree in a field other than Business Administration 
Completed at a university of applied sciences  

An accepted GMAT Exam or GRE General Test result required. 

For more information, please see the section GMAT exam or GRE General test.

The GMAT or GRE General test score required as an additional eligibility criterion can be replaced by one of the following degrees completed in Finland:

• Bachelor of Business Administration (BBA) or a Master of Business Administration (MBA, UAS) 
• A bachelor’s degree at a university in any field of study
• A master’s degree at a university in any field other than business studies

You must apply with your bachelor's degree

• You must apply based on your bachelor’s degree, even if you have already completed a master’s degree.
• A master’s degree can be accepted as the basis for application only if it was completed before the introduction of the two-tier degree system, when separate bachelor’s degrees were not awarded.
• A missing bachelor’s degree cannot be compensated with a combination of a master’s-level UAS degree and a prior secondary or lower-level qualification.

Master’s degrees that make you ineligible

• Master of Science in Economics and Business Administration
  Completed or expected to be completed at a university before starting your studies at LUT University.
  kauppatieteiden maisteri

Master’s degrees that do not affect your eligibility

• Master’s degree in a field other than Economics and Business Administration
  Completed at a university
• Master’s degree in any field 
  Completed at a university of applied sciences (UAS)  
   

Final decision on eligibility

The programme’s admissions committee reserves the right to assess whether an applicant’s prior degree and completed studies meet the eligibility requirements.

✅ Bachelor of Science in Economics and Business Administration 
Completed at a university worldwide

✅ Bachelor of Business Administration 
Completed at a university of applied sciences

 ✅ Bachelor's Degree in a field other than Economics and Business Administration 
Completed at a university  

✅ Bachelor's Degree in a field other than Business Administration 
Completed at a university of applied sciences  

An accepted GMAT Exam or GRE General Test result required. 

For more information, please see the section GMAT exam or GRE General test.

You must apply with your bachelor's degree

• You must apply based on your bachelor’s degree, even if you have already completed a master’s degree.
• A master’s degree can be accepted as the basis for application only if it was completed before the introduction of the two-tier degree system, when separate bachelor’s degrees were not awarded.
• A missing bachelor’s degree cannot be compensated with a combination of a master’s-level UAS degree and a prior secondary or lower-level qualification.

Master’s degrees that make you ineligible

• Master of Science in Economics and Business Administration
  Completed or expected to be completed at a university before starting your studies at LUT University.
   

Master’s degrees that do not affect your eligibility

• Master’s degree in a field other than Economics and Business Administration
  Completed at a university
• Master’s degree in any field 
  Completed at a university of applied sciences (UAS)  
   

Final decision on eligibility

The programme’s admissions committee reserves the right to assess whether an applicant’s prior degree and completed studies meet the eligibility requirements.

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

• at least 40 ECTS credits of studies in Finance, Accounting, Economics, Applied Mathematics or Applied Statistics relevant to the programme*

*courses related to International Business, Marketing, and Management are not relevant for this programme.

The required studies must be completed before submitting the application.

✅ The admissions committee evaluates them during the academic assessment.

How to present your studies

• List the studies in their original study units on the application form.

Requirements for programme-related studies 
What to do if study units are missing from your transcript of records

Degrees completed at a university

To be eligible to apply to the programme, the arithmetic GPA of the degree you are applying with must be:

• at least 3.50 on a scale of 1.00–5.00

Degrees completed at a university of applied sciences

To be eligible to apply to the programme, the arithmetic GPA of the degree you are applying with must be:

• at least 4.00 on a scale of 1.00–5.00

Applicant may compensate the GPA threshold requirement with a GMAT or GRE General test completed with at least the minimum accepted score. For more information, please see the section GMAT exam or GRE General test.

What is included in the arithmetic GPA?

The arithmetic GPA is calculated based on:

• grades for all individual courses
• the final thesis grade

These must:

• be part of the degree you are applying with
• be completed by the time of application
• be listed on an official transcript of records
   

What is excluded from the arithmetic GPA?

The following are not included:

• courses graded as pass/fail
• courses with a failing grade
• courses without credits (e.g. ECTS credits or equivalent)
• combined modules with a single overall grade, unless individual course grades are available
• courses not included in the degree used for application
• transferred or compensated courses not originally graded, unless the awarding institution has assigned them a numerical, verbal, or letter grade
   

Linear conversion (if applicable)

The arithmetic GPA will be verified by LUT University.

GMAT Exam or GRE General Test is required when applying with a Bachelor's degree in a field other than Business Administration or Economics completed at a university of applied sciences worldwide.

Replacing the GPA threshold requirement with a test

If the applicant meets the minimum requirements for the programme-specific studies but does not meet the minimum requirement for the arithmetic GPA, they may compensate for the GPA threshold requirement with a successfully completed GMAT or GRE General test.

Validity for the tests 

• GMAT and GRE test results are valid for five (5) years from the test date.
• the test result must remain valid for at least fifteen (15) days from the submission of the application so that it can still be verified via test provider’s score reporting service when the application is being reviewed.

• How to prove your English proficiency

When applying

If admitted

Terms and conditions

In addition to the national One Study Right Rule, LUT University also restricts the re-granting of the right to study in the same master’s programme.

An applicant cannot be granted the right to study in the same programme again if:

• they have already graduated from the programme
• they have already used their allotted study time for the programme

However, an applicant may be readmitted to the same programme if they have voluntarily relinquished their previous right to study.

Upload a scanned copy of the original for each document on your application form. 

Bachelor's Degree Certificate  

• + official translation, if the original is not in Finnish, Swedish or English
• If you have not yet graduated, there is no need to upload a certificate of ongoing studies. 

Bachelor's Transcript of Records 

• + official translation, if the original is not in Finnish, Swedish or English
   

Passport or ID card 

• International passport or ID card showing your nationality
   

Residence permit granted in Finland (when applicable)

• Finnish residence permit card 
   

If your Bachelor's degree is a combination of two different degrees

• Upload one combined scan or document including both original Transcripts of Records. 
• Upload one combined scan or document including both original Degree Certificate
• + official translations, if the originals are not in Finnish, Swedish or English

The following elements must be included on the Transcript of Records for the Bachelor’s degree used for application, as they are essential for the academic evaluation:

What to do if original study units are missing from the Transcript of Records

If one or both of these required elements are missing, you must upload an additional official statement from the university in English explaining the missing information. 

You may also provide the original study units for each course by uploading an official programme brochure, if this information is included in the brochure.

If you have completed a combination of degrees that together correspond to a Bachelor’s degree, all Transcripts of Records must include these required elements.

All additional documents must be combined and uploaded to the same section as the Transcript of Records.

Missing required information will result in your application being considered incomplete. 

Once the application has been verified as complete, with all required documents accepted and the English proficiency confirmed, it will be forwarded for academic evaluation.

Applications are evaluated in two admission groups based on the country where the applicant’s Bachelor’s degree was completed:

1. Bachelor’s degree completed in Finland or in other EU/EEA countries or Switzerland
2. Bachelor’s degree completed outside EU/EEA countries or Switzerland

Applications will be processed as long as places remain available in the programme.

Once all places have been filled, no further applications will be accepted, even if the rolling admission period is still open.

The admissions committee determines whether the applicant meets the minimum academic requirements.

Applicants must meet the following criteria:

• eligible degree and field of study
• minimum arithmetic GPA
• required background studies

The following elements will be evaluated in the interview:

• Motivation 
• Applicability to the programme
• Communication skills
• Practicality

Admission group 1

• Applicants eligible based on their degree are admitted to the programme if they meet the programme-specific eligibility requirements and the programme-specific threshold criteria.
• The selection process does not include an interview.
   

Admission group 2

An applicant will be selected for the programme if they:

• meet the minimum academic eligibility requirements 
• receive at least 7 out of 10 points in the interview.

Once all places have been filled, no further applications will be accepted, even if the rolling admission period is still open.