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Economics – (M.Sc.)

Aalto University School of Economics

Department of Economics
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Disciplines:
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Application Deadline: Application period open January 4-February 26
Annual Tuition Fee: Free
Location: Helsinki / Finland / View location on map ▾ Hide location on map ▴
Duration: 24 months Start Date: September
Educational Form:
  • Taught
Education Variants:
  • Fulltime
Languages: English 
24.6389945,60.1499163

Location of Aalto University School of Economics

Studying Economics develops analytical thinking and academic insights in addition to promoting the ability to apply economic theory to a wide range of economic phenomena. It qualifies students to understand both the connection and causality between micro- and macroeconomic questions. The HSE program in Economics equips students with appropriate econometric and mathematical tools of analysis to tackle economic issues and problems. A long-term cooperative arrangement between the Departments of Economics at the Helsinki School of Economics and the University of Helsinki allows students to take lecture courses at both departments.

The program is particularly strong in the areas of International Economics, Financial Economics, and Applied Microeconomics. HSE economics graduates are prominent in a wide variety of careers that require broad economic expertise and analytical skills such as economists, specialists, analysts, or consultants in firms, financial sector, research institutes, public administration, and international organizations.


Contents

Economics Master's degree program students can take any minor offered at Aalto University School of Economics. The following are in English:

* Area Studies
* Business Technology
* Creative Sustainability
* Entrepreneurship
* Finance
* Information & Service Management (ISM)
* Information Technology Program (ITP)
* International Business (IB)
* International Business Communication (IBC)
* International Design Business Management (IDBM)
* Marketing
* Management
* Quantitative Methods

Elective courses can be also taken at economics department of University of Helsinki; the departments are physically located in the same building.

It is also possible to apply for a minor subject at another Finnish university through JOO-studies.

Additionally, it is possible to complete a minor subject entity during an exchange semester/year abroad.

Typical Jobs

The Aalto University School of Economics studies in Economics are structured to ensure internationally comparable qualifications and a lifelong human capital. The programs are particularly strong in the areas of International Economics, Financial Economics, and Applied Microeconomics. The School of Economics graduates are prominent in a wide variety of careers that require broad economic expertise and analytical skills such as economists, specialists, analysts, or consultants in firms, financial sector, research institutes, public administration, and international organizations.

Publications and Theses

These are some examples of recent Economics Master’s theses topics:

· Impacts of large-scale wind power production on the Finnish electricity markets

· Evaluation of the European Central Bank's reactions to the recent financial crisis within the two-pillar framework

· Analysis of apartment prices with hedonic price method

· Credit crunch in the U.S. interbank money market 2007-2008: issues in bank funding markets and federal reserve responses

· Special interest groups and endogenous policies - a review of common agency models

You are normally required to take an English Proficiency Test if you come from a non-English speaking country.

Most European Universities recognise the IELTS test.

More information

Requirements

To be considered for admission, the applicant must have completed:

· At least 24 ECTS credits in such studies that give the applicant the ability to start the advanced studies in the Master’s degree program of Economics.

· These studies can include appropriate methodological studies and Economics studies which equal at least the intermediate level of Aalto University’s Economics courses. The thesis works or internships cannot be included in the credits.

· The applicant’s previous methodological studies and studies in Economics, giving the ability to start the advanced studies, are assessed by a representative of the degree program. However, to be considered for admission, the previous studies should include either (i) intermediate level courses in Microeconomics, Macroeconomics, Econometrics and in Mathematical Methods of Economics or (ii) adequate enough studies concerning the methodological studies used in advanced Economics studies.

Additional Requirements

Minimal degree required: Bachelor's degree
Minimal amount of work experience Not specified

Accreditation

The international standard of the quality of research, education programs, and services at HSE has been recognized by all three international standards organizations that certify business schools (AACSB, AMBA and EQUIS).


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