Master of Science in Economics and Business Administration
The information given is for the previous Regular Admission.
The updated eligibility requirements and information for applying on the next Regular Admission will be released at the end of September.
Tuition Fee, Early Bird Discount & Scholarships
The following information is for studies starting in the academic year 2022-2023.
Citizens of the EU/EEA Countries and Switzerland
Studies provided by LUT University are tuition free for nationalities within
- The European Union (EU)
- The European Economic Area (EEA)
To prove your citizenship for being exempted from paying a tuition fee, you must upload a copy of a valid passport or national ID card to your Online Application Form.
For studies starting in the academic year 2022-2023, citizens of the non-EU/EEA countries (excluding Switzerland) must pay a tuition fee for their studies in the international Master's Programmes in Finland in general and also at LUT University:
- EUR 13 500 / each academic year
There are however, exceptions when a non-EU/EEA citizen (excluding Switzerland) is exempted from paying a tuition fee:
FIRST ACADEMIC YEAR: EARLY BIRD DISCOUNT
If required to pay a tuition fee, you can get
- an Early Bird Discount of EUR 6 000 for the first academic year
if confirming your place in the programme and paying the tuition fee within 21 days after having been e-mailed the Certificate of Admission.
With the Early Bird Discount the tuition fee is EUR 7 500 for the first academic year.
FIRST ACADEMIC YEAR: FINLAND SCHOLARSHIP
One Finland Scholarship is offered in this Master's Programme for the first academic year, including the following:
- Full cover for a tuition fee plus,
- EUR 5 000 for the living costs
The criteria for awarding the Finland Scholarship is decided within each programme according to their own preferences.
The scholarship can be applied for on the application form when applying to the programme.
If awarded a Finland Scholarship, the offered place in the programme must be confirmed within 14 days after having been e-mailed the Certificate of Admission and the Scholarship Decision.
SECOND ACADEMIC YEAR: SCHOLARSHIP
When required to pay a tuition fee, you can apply for
- a scholarship of EUR 6 000 for the second academic year
if meeting with the requirement of having completed a minimum of 60 ECTS credits of studies included in the personal study plan during the first academic year.
With a possible scholarship the tuition fee is EUR 7 500 for the second academic year.
The required ECTS credits must be included on your Transcript of Records by the end of the first academic year i.e. by July 31.