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Eligibility criteria

To be eligible for the master’s degree programme, you must have a suitable higher education degree and demonstrate adequate English proficiency in one of the methods described below. 

1. A higher education degree that fulfils the following requirements: 

The degree must give eligibility for master’s-level degree studies in the awarding country. If your degree qualifies you for doctoral-level studies, you should primarily seek admission to a doctoral programme instead. 

The Banking and International Finance programme welcomes applications with various higher education degrees. The higher education degree can be, for example, in the fields of economics, finance, accounting, mathematics, statistics, and business administration, among others. In general, a degree which includes studies in finance and economics is suitable.  

In case the applicant already holds a similar master’s degree in financial economics, they cannot be admitted. 

Separate higher education studies that are not part of a degree may be considered when evaluating the compatibility of your previous field/calculating your admissions score. 

The higher education institution awarding the degree must be officially recognised in the national education system, i.e., listed as a degree-granting higher education institution by the country where it is located or by a relevant international organisation (such as UNESCO). 

If the degree used to prove eligibility is incomplete at the time of application, you may be admitted on a conditional basis. In this case, you must graduate and submit officially certified copies of the final educational documents so that they are received by the University by the specified deadline. The deadline will be posted on the University’s website before the application period starts. 

If you currently hold a study right in this same master’s programme at the Ä¢¹½Ö±²¥, you cannot be admitted. 

2. English proficiency demonstrated in any of the following ways: 

• An upper secondary education completed in English in an EU/EEA country, the United Kingdom, Switzerland, the United States, Canada, Australia, or New Zealand. 

• A higher education degree completed in English in an EU/EEA country or one of the following: Australia, Antigua and Barbuda, Bahamas, Barbados, Belize, Botswana, Cameroon, Canada, Dominica, Eritrea, Eswatini, Ethiopia, Gambia, Ghana, Grenada, Guyana, Hong Kong, India, Jamaica, Kenya, Lesotho, Liberia, Malawi, Namibia, New Zealand, Nigeria, Philippines, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Sierra Leone, Singapore, South Africa, Switzerland, Tanzania, Trinidad and Tobago, Uganda, United Kingdom, United States, Zambia, Zimbabwe. 

• A Finnish-medium or Swedish-medium higher education degree completed in a Finnish higher education institution, with a command of a foreign language in English per the Government Decree on University Degrees (794/2004) or the Government Decree on Universities of Applied Sciences (1129/2014). If the degree is still incomplete at the time of application, it must be the same as the one used as the basis for eligibility. 

• A higher education degree completed or being completed in Finland, with the English language as a major or specialisation. 

• An international English language proficiency test. The approved language tests and minimum results are as follows: 

• IELTS Academic, IELTS for UKVI Academic, IELTS Indicator, or IELTS Online: 6.5 (overall score) 

• TOEFL iBT, TOEFL iBT Home Edition, or TOEFL iBT Paper Edition: 92 (MyBest score) 

• PTE Academic, PTE Academic UKVI, or PTE Academic Online: 62 (overall score) 

• Cambridge C2 Proficiency: A, B, C, or C1 

• Cambridge C1 Advanced: A, B, or C 

IELTS, PTE and TOEFL results must be valid until the end of the application period. Only Cambridge tests completed in 2005 and thereafter are accepted. If the language test result is released after the application has ended, the test report form must be released by and valid on the deadline date for submitting attachments. 

• National Certificate of Language Proficiency (YKI) in English: The applicant must have received a grade 5 or higher at the advanced level in all components (speaking, writing, listening comprehension, and reading comprehension). The applicant may combine test results from multiple dates. Only YKI tests completed in 2002 and thereafter are accepted. 

• Graduate Management Admission Test (GMAT). The approved tests and minimum results are as follows: 

• GMATâ„¢ Exam, current format (Focus edition) ≥ 515 

• GMATâ„¢ Exam, previous format ≥ 550 

We accept scores from both test centre-based and online exams. 

• Graduate Records Examination (GRE). The approved tests and minimum results are as follows: 

• GRE General test  ≥ 150 in the Quantitative Reasoning section 

GMAT and GRE test results are valid for 5 years. For 2025 admission, test results released on 22 January 2020 at the earliest are accepted. If the test result is released after the end date of the application period (22 January 2025), it needs to be released by and valid on the deadline date for submitting attachments (29 January 2025 3.00 pm (EET)) at the latest. 

The University does not grant waivers for language requirements. If you fail to demonstrate your English skills by one of the above methods, your application will be rejected as ineligible. The University does not consider test report forms received after the specified deadline.