Updated on May, 23 2024 06:55 IST
MBA in Finland
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Finland is a landlocked Scandinavian country known for its robust education system, high standard of living, pollution-free cities, and top-tier culture. Among the many top countries like the United States of America, the United Kingdom, Canada, or Australia, Finland is viewed as a great destination for higher education. Each year, a vast number of students go to study in Finland. Also, there are ample career-building opportunities to study in Finland. Thanks to the rich history and state-of-the-art institutes, several Scandinavian and Baltic countries have emerged as a popular choice among Indian students. Also, a business management degree from Finland will help you get competing jobs across any EU country.
| Duration | 2 years |
| Study program | Full time |
| Average tuition fees | EUR 9,000 |
| Intake | September |
| Scholarships | Yes |
| IELTS | Required |
Public MBA Colleges In Finland
University of Helsinki
Faculty of Social Sciences- University of Lapland
Faculty of Management- University of Tampere
Åbo Akademi University
Turku School of Economics TSE - University of Turku
Private Colleges
Aalto University School of Business
Hanken School Of Economics
The University of Oulu – Oulu Business School
Tampere University of Technology
School of Business and Economics- University of Jyväskylä
Finland is a beautiful country with a distinct and historic culture, beautiful architecture, and a fascinating way of life. Located in Europe, Finland is home to exceptional colleges with many degree programs. So, if you are planning to move to Finland, here are a few reasons to support your decision.
Finland continues to outsmart top study hubs like the USA, UK, Canada, and Germany with its top-tier programs and supreme quality of education.
Although non-EU countries need to pay tuition fees, the courses are still affordable when you compare them to top B-schools in other countries.
MBA faculties are the best in the world and will deliver impactful solutions at each stage of your course.
Finland has a strong economy. so you will have excellent work opportunities coming your way after completing your MBA.
There will be no shortage of funding opportunities when you visit Finland to study and work.
You will meet European students that will help you develop international connections
The hostel facilities at the Finnish universities are excellent, and you will have access to all amenities.
Finland has an excellent learning mode where you switch study disciplines during your semesters.
Academic freedom is a core value in the Finnish education system. That’s why students in Finland get better opportunities to explore a better quality of life and enjoy life outside their regular study. You will get to know a culture that believes in freedom of speech, racial equality, and gender equality. Some of the highlights of studying MBA in Finland include:
Equality and freedom are the two pillars of Finnish culture. So, you will get high-value education and interact with professors on a first-name basis.
Finland provides a high standard of living for students and families throughout the country.
Most programs are taught in English, so international students don’t need to learn Finnish or other regional languages
Work, study, and vacation are prioritized equally, so employees and students are welcome to enjoy and relax with family and friends.
MBA degrees from Finland are recognized across the globe and given high weightage.
An MBA from Finland is highly-rated all over the globe. Plus, you will have the chance to choose from multiple specializations across a broad spectrum of study patterns. Some of the best specializations offered here include:
MBA in Finance
MBA in Marketing
MBA in Human Resource Management
MBA in International Business
MBA in Logistics & Supply Chain Management
MBA Big Data Analytics/ Data Science/ Business Analytics
MBA in Operations Management
MBA in Insurance Business Management
MBA in Aviation
MBA in Banking & Financial Services
MBA in Healthcare Management
MBA in Pharmaceutical Management
MBA in Energy Management
MBA in Infrastructure Management
MBA in Entrepreneurship
MBA in Media Management
MBA in Machine Learning and IT systems
MBA In Forest Resource Management
Plus you can choose from different learning modes like
Online MBA
Fast-track MBA
Executive MBA
Part-time MBA
For pursuing an MBA in Finland, you will need:
A graduation degree from a recognized university
You must be at least 18 years of age before you apply
Most universities will ask for work experience certificates
You will be an advantageous position if you have a masters degree
Some colleges ask for entrance exam scorecard
You would need the following documents:
10th and 12th mark sheet photocopies with original transcripts
Date of birth proof
Letter of recommendation from foreign university
Statement of purpose
Photocopy of passport
Proof of bank accounts in Finnish branches
Details of your stay in Finland
Police clearance certificates
Relevant work certificates
There are two kinds of intakes of Finland
One intake takes places in April and other in October
Both intakes are vital for securing admission as there are no lateral entry programs.
There are multiple course durations in Finnish universities. However, most regular MBA programs are two years. Besides, you can also opt for fast-track and executive MBA programs that will take one year to complete.
| DURATION | UNIVERSITY NAME | SPECIALIZATION |
|---|---|---|
| 10-12 months | JAMK University of Applied Sciences | MBA, Full-time, Part-time |
| Centria University of Applied Sciences | MBA, Full-time, Part-time | |
| LAB University of Applied Sciences | MBA, Full-time, Part-time | |
| 18 months | Faculty of Social Sciences and Economics- University of Eastern Finland | MBA, Full-time, Part-time |
| HELBUS - Helsinki School of Business | MBA, Full-time, Part-time | |
| 24 months | Henley Business School Finland | MBA, Full-time, Part-time, Executive MBA |
| Aalto University Executive Education | MBA, Full-time, Part-time, Executive MBA, Dual Degree |
Apply on the official website of the Finnish university
You need to download the application form from the respective websites
You can apply for joint or separate application form
Check the language requirements
Submit the required documents and application form online
Check the deadlines
Pay the due fees
After receiving the acceptance letter research the residence permit
Ask your university for accommodation
Ensure to receive your VISA
Send a letter of acknowledgment to avoid rejection of the application.
You will need at least one of the following exams if you want to study in Finland:
TOEFL (Test of English as a Foreign Language) score of 79.
IELTS (The International English Language Testing System) score of 6.5.
Most Finnish universities accept both GMAT and GRE scores for MBA admission. However, you should always check it from the respective universities.
The cost to study in Finland depends on the course and university you choose. It also depends on the city you are choosing to live in. The tuition fees are between 10000 to 16000 euros, the top universities average around 12000 euros a year.
Fee structure of an MBA in Finland varies according to the school you choose to study. Let us look at the tuition fees of some B-schools and management institutes in Finland.
| UNIVERSITY NAMES | FEES |
|---|---|
| Helsinki Metropolia UAS | 10,000 to 12,000 EUR |
| University of Eastern Finland | 8,000 to 15,000 EUR |
| University of Helsinki | 13,000 to 18,000 EUR |
| University of Oulu | 10,000 to 13,000 EUR |
| Henley Business School | 41,000 EUR |
| Aalto University Executive Education | 45,000 EUR |
| Hanken School of Economics | 36,000 EUR |
Student visas are granted to people who wish to come to Finland and study at an officially recognized educational institution. Some of the basic requirements are
Official enrollment offered by the university
Support of financial means of 615 EUR
Valid passport for 1 year
Two passport size photographs
Letters of recommendations from two recognized persons in Finland
Various scholarships are awarded to international students coming to study in Finland. It includes
Finnish Studies and Research/Scholarships for Advanced Studies of the Finnish Language at Finnish Universities
Finnish Studies and Research/Scholarships for Postgraduate Studies and Research at Finnish Universities
Exchange Programmes (Erasmus Mundus, Asia-Link and Freemovers)
International students are permitted to work while living in Finland with certain restrictions. Students arriving from outside the EU/EEA nations and with a student residence pass are permitted to work part-time, if they work an average of 25 hours per week.
Finnish skills are required for most jobs in Finland. There are many ways to learn Finnish. You can take part in Finnish language courses offered by adult education centers and Multicultural Centers.
There are top B-schools in Finland that offer full-time MBA programs that include:
HELBUS - Helsinki School of Business
Centria University of Applied Sciences
Henley Business School Finland
Many universities offer part-time MBA programs including
JAMK University of Applied Sciences
Faculty of Social Sciences and Economics- University of Eastern Finland
It is better to brush up your Finnish skills before traveling to Finland. Although most programs are conducted in English it is good to learn Finnish to converse fluently with local people and follow their customs.
There are plenty of jobs after completing an MBA in Finland. You will have the option to enter any management-level job after you complete your MBA. There are plenty of job opportunities for students in Finland. Some include –
| JOBS | SALARY PER ANNUM IN USD |
|---|---|
| Director of Recruitment | $105,000 to $107,000 |
| Program Manager | $106,000 to $160,000 |
| MBA leadership Development Program | $60,000 to $70,000 |
Finland is home to some of the world’s best business schools, which make it an ideal place for Indian students to study. The country has six university-level business schools, which are home to more than 100,000 students and alumni each year. The country has also developed several educational programmes to enhance the quality of its business education, which have helped to raise its standing as a place for business education outside of the United States. Finnish education is known for being of the highest quality, and the country’s top universities and business schools are ranked among the world’s best. It’s no surprise, then, that Finland is a popular destination for Indian students looking to pursue their education abroad.
Meal for two at an inexpensive restaurant - Rs 1000
Regular grocery - Rs 800
One-way ticket (local transport) - 250
Monthly-pass - Rs 5000
One-bedroom flat rent - 80,000
You would need constant inputs about study opportunities and other help if you are planning to study in Finland. That’s why it is vital to consult an abroad consultant to help you overcome the obstacles. Plus, it comes with many benefits like
You will receive the best test for preparing for IELTS, TOEFL, GMAT, and other programs.
You will get up-to-date information on study opportunities, scholarship opportunities, and the latest changes in Visa requirements.
You will receive 100% assistance for financing and scholarship facilities.
Experienced career counselors will deliver a smooth experience.
You will receive special guidance regarding admission
They will help you to choose courses that reflect your needs
Completing an MBA from a B-school is costly. So, here are a few cheap MBA colleges you can consider:
Diaconia University MBA
Novia University Management MBA
There are many reasons to fall in love with Finland and the Finns. So, it would be impossible to point out a few features about what is more beautiful in the world’s happiest country. For starters, you can spot the world’s Best Northern Lights or the Aurora Borealis in Finland. Besides, Finland is a land of thousand lakes and a thousand forests. There are more than 1,88,000 lakes in Finland and the waters are the cleanest in the entire world. It is also the best place for skiing and the season can last for more than six months. Helsinki, the capital city, has the cleanest tap water in the world, and the cleanest air in Europe. Also, Finns are the unquestioned champions of Sauna and have over 3 million of them in the country. Also, Finland is one of the safest countries in the world for expats. You will feel safe walking alone in city parks or can use public transport regardless of the hour.
| Capital | Helsinki |
| Official Language | Finnish, Swedish |
| Dominant Religion | Christianity |
| Total Area by Square kilometers | 338,455 |
| Total Population as per 2020 estimate | 5,536,146 |
| Currency | Euro |
| Calling Code | +358 |
How Are Scholarships Awarded To MBA Students?
The scholarships are awarded to the best students based on the overall academic assessment, merit, and excellence in study.
Is Finland Good For MBA?
Finland is an excellent country and home to great universities. International students will have an exceptional experience working and studying in Finland.
How Much Can You Earn As A Student?
There is no minimum wage in Finland, but the lowest salaries range per hour. Most students usually earn between nine to thirteen euros per hour.
What Is The Cost Of Living In Finland?
It depends on the type of Finnish city you are staying in. For example, In Helsinki, it can range between 1000 EUR to 2000 EUR.
Is Food Expensive In Finland?
Food is expensive and expensive in Finland, and citizens pay 20% more than other European nations.
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