Master's Degree in Economics in Finland

Find Masters Programs in Economics in Finland 2017

Economics

Finland is increasingly becoming a choice for many international students seeking a Master of Economics degree. Finland places high value on education resulting in top-notch academic programs that encourage international and cultural exchange to complement the educational experience. Students pursuing a Master degree in Economics in Finland will study in state of the art facilities among beautiful natural scenery.

Students pursuing a Master of Economics degree in Finland should have a strong foundation in the economic principles of microeconomics, macroeconomics, and econometrics. Students of the Master of Economic programs in Finland will have the opportunity to choose an area of specialization in which to focus their academics. Some examples include business economics, financial economics, policy, mathematical economics, and economic development, to name a few. Many Master of Economics programs in Finland will require students to participate in coursework, projects, research, and a masters thesis.

Take a look through the Master in Economics programs in Finland below and request more information directly from the school!

Read More

Master in Economics

University of Helsinki
Campus Full time 2 years August 2017 Finland Helsinki

This programme prepares you for a career as an economist in business, financial markets and the public sector. Upon completing the programme you will be awarded the Master of Social Sciences degree, having demonstrated that you have developed many skills needed in your future career [+]

Best Masters in Economics in Finland 2017. This programme prepares you for a career as an economist in business, financial markets and the public sector. Upon completing the programme you will be awarded the Master of Social Sciences degree, having demonstrated that you have developed many skills needed in your future career: Profound knowledge of economic theory and familiarity with scientific economic literature, The ability to apply economic theory to solving practical problems and interpreting economic phenomena, Familiarity with econometric methods and the ability to apply them to practical research problems, The ability to collect and interpret empirical data, The ability to communicate conclusions and assess the significance of the assumptions made for them, Fluency in communicating economic issues to different domestic and international audiences as well as the capability to work independently and in multidisciplinary cooperation, Readiness to assess your own professional performance and systematically develop it, and Knowledge of sources of economic information and the ability to adopt new tools of economic analysis. The programme comprises two tracks. The Research track is more demanding in that it gives more profound knowledge of economic theory and econometric methods than the General track. This track is particularly suitable if your goal is to pursue a doctoral degree in economics. Profound knowledge of economic theory and methods is also useful in many demanding careers as an economist. The degree requirements in both tracks correspond to international standards, which will help you when finding employment and pursuing further studies towards a doctoral degree in Finland and globally. The University of Helsinki will introduce annual tuition fees to foreign-language Master’s programmes starting on August 1, 2017 or later. The fee is 18,000 EUR. Citizens of non-EU/EEA countries, who do not have a permanent residence status in the area, are liable to these fees. You can check the FAQ at the Studyinfo website whether or not you are required to pay tuition fees. In­form­a­tion on the lan­guages of in­struc­tion The language of teaching is English. It is also possible to complete courses, write the Master's thesis and get supervision in Finnish or Swedish. At the beginning of the programme, you select the language of studies and demonstrate your competence in it. Pro­gramme con­tents The module of Economic Theory and Econometric Methods, which you will take in the autumn semester of your first year of study, is the foundation of the programme. It covers the central microeconomic and macroeconomic theory as well as basic econometric methods. After completing this module, you can choose from a wide selection of fields of economics to concentrate on. Optional studies consist of additional courses in economics, or other university-level courses. In addition, an internship or a labour market project is included in the degree requirements. The programme mostly comprises lecture courses. The courses on economic theory and econometric methods consist of lectures and exercise sessions; for the most part they are completed by taking a written examination. Depending on the track, you take 3 to 4 field courses, selected based on your interests so that they form a meaningful whole. Additional field courses in economics can be included in the optional studies. In the field courses, you will be exposed to different teaching methods, such as problem-based learning and other group activities and seminars. Your grades in many field courses will be based on assignments, presentations and term papers in addition to a final examination. Economics is a quantitative social science discipline, so you are expected to have good basic command of mathematics and statistics. Your skills in these areas will be systematically developed in this programme. Especially if you aim for a career as an economist or for doctoral studies, you are advised to include further methodological courses in your optional studies. In addition to mathematics and statistics, courses in computer science are recommended. The structure of the programme is comparable to those of the Master's programmes in economics offered by the best international universities. It differs from the Master's programmes of the Finnish business schools in that the demanding courses in economic theory and econometrics comprise a greater proportion, and the goal is above all to prepare you for a career as an economist. The research track corresponds to Master's programmes in quantitative economics offered by some foreign universities. In line with our programme, the research track will prepare you for a career as an economist and for doctoral studies in economics. Se­lec­tion of the ma­jor The programme has two tracks: General track Research track You select the track when applying for the programme: your choice will determine the degree requirements. The difference between the tracks is that the Research track aims at providing more profound knowledge of economic theory and econometric methods, whereas the General track emphasises fields and applications of economics, and it is possible to include more optional studies in the degree. The Research track prepares you for doctoral studies in economics, and its degree requirements contain most of the doctoral-level core courses in economic theory and econometrics. Taking these courses as part of the Master's degree helps you to graduate faster from the doctoral programme later. Graduates from the Research track are given precedence for the doctoral programme in economics at the University of Helsinki. The Research track is also recommended if you are interested in taking the more demanding core courses to acquire more profound knowledge of economics even if your goal is not to pursue doctoral studies. Pro­gramme struc­ture The programme comprises 120 credits (ECTS, European Credit Transfer System), and it is designed to be completed in two years. The degree requirements consist of the following modules (in the General / Research track): Advanced studies (at least 90 ECTS / 100 ECTS) Economic theory and econometric methods (30 ECTS / 45 ECTS) Research skills (10 ECTS) Master's thesis (30 ECTS) Field courses in economics (at least 20 ECTS / 15 ECTS) Internship or Labour market project (5 to 15 ECTS) Optional studies (15 to 25 ECTS / 5 to 15 ECTS) After completing the unit in economic theory and econometric methods, you select the fields in economics that you want to concentrate on. It is advisable for you to include further advanced field courses in economics or methodological courses in your optional studies. The study unit in research skills prepares you for writing the Master's thesis, and familiarises you with scholarly work in economics, research ethics and reporting research results. In addition, you prepare a research proposal for your thesis. Integrated into the studies, the degree requirements include drawing up a personal study plan, and career planning. An internship period, a labour market project or other studies aimed at developing employment skills are also included (5 to 15 ECTS so that the extent of these studies and the optional studies amount to 30 ECTS in the General track and to 20 ECTS in the Research track). Thesis You will write your Master's thesis (30 ECTS) during the spring semester of your second year of study. This can be either a theoretical or an empirical thesis on a topic selected under the guidance of your supervisor, where you apply the knowledge and skills you have acquired in the programme. In a theoretical thesis, you will consider an economic problem in the light of existing literature and potentially extend existing economic models. In an empirical thesis, on the other hand, you will approach an economic problem by applying econometric methods to relevant economic data. It is also possible to concentrate on developing a new econometric method or comparing the properties of existing methods. You start preparing for writing your thesis in the autumn semester of your second year of study by completing the Research skills study module, which includes drawing up a research proposal for your thesis. Supervision primarily takes place in the Master's Thesis seminar, lasting the entire spring semester of your second year of study. You may write the thesis in English, Finnish, or Swedish. Ca­reer pro­spects The Master's Programme in Economics at the University of Helsinki prepares you for a career as an economist in business and the public sector. Economists are employed in administrative, planning and development duties requiring economic expertise in various national and international organisations. Examples include an analyst career involving risk management, asset pricing and investment strategy, jobs related to analysing the market, production and pricing in companies, assessment and planning of economic policy, and communication. Analytical skills and knowledge of quantitative methods will be of central importance in your work as an economist. In particular, economists find employment in government, financial institutions, central banks, national and international organisations, and business. The Research track prepares you for particularly demanding careers. It is also an excellent path to doctoral studies in economics. It is advisable to select the field courses and the topic for your Master's thesis in view of your interests and career goals. An internship is a good chance to acquire work experience in your area of interest. In­ter­na­tion­al­iz­a­tion The atmosphere at the Helsinki Centre of Economic Research (HECER) is quite international, consisting of the Discipline of Economics and the departments of economics at Aalto University and the Hanken School of Economics. The staff regularly publish in international journals and collaborate with foreign researchers. There are also several regular research seminars on a number of fields, where mostly foreign visitors present their work. In addition, foreign researchers often pay longer visits to the HECER, and a large proportion of the graduate students come from abroad. All courses in the programme are taught in English, and a large proportion of Master's theses are written in English. The staff have ample experience at universities abroad, and there are several foreigners among them. Foreign graduate students act as teaching assistants, and exchange students from the universities involved in the HECER regularly take the courses of the programme. You can include study units in foreign languages arranged by the Language Centre in the optional studies. The degree requirements meet internationally unified standards in economics. The University of Helsinki has a number of agreements with foreign universities that enable you to visit them to gain international experience and take courses offered there. Courses taken at the master's level at universities abroad can replace field courses in economics in the degree requirements, and you can include other university-level courses in your optional studies. The most suitable time for a visit to a foreign university is in the spring semester of your first year of study after completing the core courses in economic theory and econometrics. You can also include an internship abroad as part of your studies. Net­work­ing Teaching in the programme is arranged in cooperation with the departments of economics of Aalto University and Hanken School of Economics. Together with the Discipline of Economics at the University of Helsinki, they form the Helsinki Centre of Economic Research (HECER), which also advances research in economics in Finland by arranging regular research seminars. The VATT Institute of Economic Research shares the same building with the three units of the HECER. Together they form the greatest concentration of economists in Finland. The Discipline of Economics has a joint professorship of public economics with the VATT Institute of Economic Research, and a joint professorship in Empirical Macroeconomics with Statistics Finland. In addition to the courses arranged by the units of HECER, in the optional studies you can include courses from the wide selection offered by the University of Helsinki as well as courses of other Finnish universities, under the flexible study rights agreement (JOO). A number of study units in development Economics are arranged in collaboration with the World Institute for Development Economics Research of the United Nations University (UNU-WIDER). The Discipline of Economics has close connections to the Department of Mathematics and Statistics at the University of Helsinki in research and education, and they both participate in the Bachelor Programme in Mathematical Sciences. Re­search fo­cus Central fields of research in economics at the University of Helsinki include time series econometrics, game theory and applied microeconomics, macroeconomics, international economics and public economics. The goal of research in time series econometrics is to develop statistical methods applicable in modelling economic time series and to apply them in empirical economic research. At the University of Helsinki, the research has concentrated on models useful in examining the connections between the macroeconomy and financial markets, and they have been applied to aggregate macroeconomic time series, stock returns and interest rates, amongst other things. Microeconomics studies the interaction between single agents and communities, for example markets. Typical research topics include consumer behaviour, pricing, competition, exploitation of market power, and company behaviour. The central method of microeconomic research, decision and game theory, takes into account the agents' strategic behaviour. At the University of Helsinki, game theory has been applied to problems involving bargaining, search and contracts as well as immaterial rights. Macroeconomics comprises research on economic growth and business cycles. At the University of Helsinki, the former has focused on the effects of globalisation, environmental issues and labour market institutions on economic growth. Recent research on business cycles has focused on monetary and fiscal policy as well as on the role of the financial system in determining the cycles. Research on public economics has dealt with income distribution and socio-economic mobility. [-]

Master in Economic Geology

University of Oulu
Campus Full time 2 years September 2017 Finland Oulu

The Master’s Programme in Economic Geology is offered by Oulu Mining School, with extensive international linkages. The programme will be taught entirely in English and comprises 22 modules, including courses in magmatic, hydrothermal and sedimentary ore deposits, structural geology for economic geologists, mining geology, geometallurgy, sampling methods, GIS applications, as well as environmental geochemistry. [+]

Master in Economic Geology The Master’s Programme in Economic Geology is offered by Oulu Mining School, with extensive international linkages. The programme will be taught entirely in English and comprises 22 modules, including courses in magmatic, hydrothermal and sedimentary ore deposits, structural geology for economic geologists, mining geology, geometallurgy, sampling methods, GIS applications, as well as environmental geochemistry. Programme Outline The Master's degree programme comprises 120 ECTS, including a 35 ECTS Master’s thesis, and between 50 and 85 ECTS of advanced courses in Geology and up to 35 ECTS from related disciplines to be chosen freely. Programme Admissions Programme Specific Academic Requirements The programme is open for applications from students with a Bachelor’s degree in geology, or other sciences, as long as students have sufficient background in geology (60 ECTS credits). Students who are in their last term/semester of Bachelor’s studies can apply to study for a Master’s degree. In the case that the applicant is accepted for study, the applicant has to submit his/her Bachelor’s degree documentation by the following deadlines. Selection Process After preliminary selection, the applicants will be interviewed by telephone, during which the educational background of the applicants, their motivation for study, and their knowledge of English are evaluated. Detailed Selection Criteria Selection is mainly based on academic performance and relevant experience, e.g., in industry or geological survey organizations. Employment Opportunities for Graduates In the last decade, Finland experienced a strong revival of the mining and exploration industry as a result of the commodity boom. Several new mines have opened and the minerals sector has become one of the key foundations for the economy in northern Finland. With this background, we offer a practice-oriented education that prepares our graduates for a career in the industry or in ore deposit-related research. University of Oulu International Master’s Scholarship Scheme 2017-2018 Connected with the renewal of university strategy, the increased importance of internationalization and the introduction of tuition fees for non-EU/EEA citizens, the University of Oulu has assigned a significant amount of money for tuition scholarships for 2017 entry. The scholarships will be granted in the form of a tuition fee waiver. The tuition fee waiver awarded covers 100 % of the full tuition fee. Applicants can apply for the tuition scholarship as part of the admissions process. University of Oulu Scholarship Scheme in more detail The University of Oulu International Master’s Scholarship Scheme (IM Scholarship) provides scholarships to academically talented international students. The scholarship is aimed at students studying for a Master’s degree in the University of Oulu two-year International Master’s programmes. The scholarship covers the full international tuition fee. University of Oulu IM Scholarships do not cover living costs. In order to retain the scholarship in the following year of study, a student must have completed 55 ECTS by the end of the previous academic year. If a student does not achieve this requirement during the first year of studies, they will be liable to pay the full international tuition fee for the second year if they wish to complete their Master’s degree programme. An exception to this rule can be made if a student has been granted approved leave from studies (e.g. due to serious illness). Eligibility Requirements to Apply for International Master’s Scholarship Applicants are eligible to apply for a University of Oulu IM Scholarship 2017-18, if they are: Non-EU/EEA* citizens who do not have a permanent residence permit in Finland. (Applicants not eligible for the International Master’s Scholarship are: 1) non-EU/EEA citizens who have a permanent residence permit in Finland, 2) EU/EEA citizens or comparable persons, 3) University of Oulu students who have been accepted to study BEFORE the academic year 2017-18.) Eligible to apply for a Master’s degree programme at the University of Oulu for academic year 2017 – 18. The applicant has obtained their first academic degree (Bachelor’s or equivalent) from a recognised institution of higher education. The applicant proves a high level of proficiency in English language. Approved methods of demonstrating language proficiency. Applicants who are in their last term/semester of studies for their first academic degree during the application period, can apply for the scholarship. Applicants who receive a conditional offer of study placement for a Master’s programme will receive a conditional scholarship offer. The scholarship application will be processed in the selection procedure only if the applicant meets the admissions criteria. *European Union / European Economic Area member states are: Austria, Belgium, Bulgaria, Cyprus, Czech, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein Republic, Denmark, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and United Kingdom. With the EU legislation, Switzerland is also comparable for EU member states. The nature of residence permit is indicated in the residence permit with a letter. A permanent residence permit bears the letter P or A and an EC residence permit for third-country nationals with long-term EC resident status bears the letters P-EY. Application for International Master’s Scholarship 2017-18 There is no separate application system for the International Master’s Scholarship. All applicants for University of Oulu Master’s degree programmes need to complete the Student Application Form. Those applicants who are applying for the University of Oulu International Master’s Scholarship have to additionally complete the “Application for Scholarship,” section which can be found at the end of the Student Application Form. The International Master’s Scholarship application section cannot be completed and/or submitted without the Student Application Form. The application period for the University of Oulu Master’s degree programmes and International Master’s Scholarships is 15.12.2016-25.1.2017 Selection criteria for University of Oulu IM Scholarship 2017-2018 Admissions and scholarships decisions will be taken at the same time. Those students successful in obtaining an International Master’s Scholarship will be notified at the same time as their offer of admission to their International Master’s programme is confirmed. The selection criteria for the University of Oulu IM Scholarship are based on previous academic performance and academic potential. For questions concerning the University of Oulu IM Scholarship, please contact admissions.officer(a)oulu.fi [-]

Master in Economics

University of Oulu
Campus Full time 2 years September 2017 Finland Oulu

Oulu Business School’s Master’s programme in Economics (ME) is a two-year program offering expertise in a wide range of specializations in economics. The studies are comprised of micro and macro economics, quantitative methods and elective field specific courses such as international economics and finance, growth, environmental and energy economics, industrial organization and regional economics. [+]

Best Masters in Economics in Finland 2017. Master in Economics 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 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 also widely employed in investigating different field specific issues covering topics from environmental applications to industrial organization. Economics is one of the few areas of science where the annual Nobel Prize is awarded. Economics provides knowledge and skills which are required when working 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. Oulu Business School’s Master’s programme in Economics (ME) is a two-year program offering expertise in a wide range of specializations in economics. The studies are comprised of micro and macro economics, quantitative methods and elective field specific courses such as international economics and finance, growth, environmental and energy economics, industrial organization and regional economics. The quantitative nature of the ME ideally suits those who have studied economics, finance, accounting, natural sciences (e.g. mathematics) or engineering. The ME program also gives a good basis for further academic studies at the postgraduate level. Occupational Profiles of Graduates 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. Why Choose Oulu? ... [-]