Master in Economics

University of Oulu

Program Description
EFMD Equis Accredited

Master in Economics

University of Oulu

Economics focuses on explaining the behavior of different economic agents, such as households, companies and general government. The aim is to describe, explain and model the modern market economy. Economics helps us to understand how markets are working and how we can affect on their behavior through economic policy. Economics provides answers to questions like; what are the sources of economic growth as well as what is the connection between inflation and interest rates. Economics is one of the few areas of science where the annual Nobel Prize is awarded.

Economics has a strong position among the social sciences. It provides knowledge and skills which are required to work in demanding specialist and executive positions in corporations, governmental agencies or third sector organizations. A student who receives the master degree in economics is allowed to use the title economist. The next programme will start in autumn 2015.

Occupational Profiles of Graduates

Economist. The job markets for economists are typically broad. The occupational profiles of graduates include demanding specialist and executive positions as well as research and teaching positions both in domestic and international corporations, governmental agencies or third sector organizations, amongst others.

Programme Specific Academic Requirements

The programme is designed for students with different university level backgrounds. The quantitative nature of the Economics programme ideally suits those who have studied business, economics, natural sciences or engineering.

Detailed Selection Criteria

General Academic Requirements and Language Requirements are same for all of the Master's programmes.

To sum up, applicants will be ranked based on these criteria:

1) Previous Studies (documentation required)

Relevance of the field in previous studies. Applicant can benefit from classes taken in quantitative studies. Performance (grades) in previous studies.

2) English Skills (documentation required)

3) Motivation

a) Motivation letter, max. 2 pages (included in the electronic application form)

  • Reasons for applying (i.e. expectations, plans, interests etc.).
  • Reasons for order of priorities, if an applicant applies to several programmes (ME, MM, MF, FMA, IBM etc.)
  • Qualifications to be a successful prospective graduate (i.e. personal strengths, achievements, business related work experience etc.),
  • The applicant’s personal contribution/input to the degree programme
  • Other merits

b) Reference letters (2)

Two original reference letters must be attached to the application by the applicant. Applicant should ask the referees (for example the supervisor of thesis or teacher/tutor who knows the applicant well enough in an academic capacity) to complete this reference form.

c) Curriculum Vitae (CV).

Tuition Fees

No tuition fees.

This school offers programs in:
  • English
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2016
2 years
Full time
Contact school
Contact school
Start date Sept. 2016
Finland Oulu
Application deadline Contact school
End date Contact school
Duration 2 years
Price Contact school