International Business, M.Sc.

  • Application Deadline
  • 24 months
  • Tuition
    Tuition (Year)
    Tuition (Year)
  • English
The Master of Science in International Business at the University of Vaasa focuses on teaching students the three most important branches of international businesses: international strategic management, international marketing and international human resource management. The Master’s offers in-depth information on international strategic planning processes and internationalisation strategies.


What will you learn in the programme?
The Master's Degree Programme in International Business (MIB) at University of Vaasa gives you the opportunity to realise your potential by offering courses that center around the three core areas in International Business: International Strategic Management, International Marketing and International Human Resource Management. By the end of the programme,
  • You will understand the international strategic planning process, and learn to develop and manage internationalization strategies
  • You will understand how to design and manage the international marketing strategies of firms at different phases of foreign market expansion, learn to establish and manage business networks and customer relationships and gain knowledge of how to communicate and negotiate in cross-cultural settings
  • You will understand the role of the human resource management within multinational firms, acquire knowledge on how to develop global leadership, how to manage international teams and projects, and discover how to shape your own global career
In addition, through cooperation with high quality international partner universities we offer you the possibility of doing a double degree.
Why study in MIB?

You will study in a learning environment, which is:


  • You will study with students from around the world
  • You will use English in your studies
  • You will be taught by an international faculty


  • You are taught using learning methods which emphasize your own role in collecting knowledge, analyzing and understanding it and applying it in different contexts
  • You will take responsibility for your own development
  • You will work with people who think differently , disagree with you and don’t understand your logic


  • You will learn to appreciate the value of diversity in teams
  • You will undergo the process of personal development (in different areas)
  • You will experience the positive feeling of exceeding your own expectations


EPAS accreditation

The EPAS evaluation process considers programme delivery and design, programme outcomes, and quality assurance. The quality of education, international aspects and corporate interaction are also emphasised in the evaluation process.

Programme Structure

Initial Studies
  • Export Marketing Management
  • International Management
Compulsory Core Studies
  • International Human Resource Management
  • Internationalization Strategies of the Firm
  • Global Marketing Management
  • Leadership
  • International Strategic Management
  • Managing International Business Networks
  • International Business Negotiations
  • Cross Cultural Marketing Communications
  • Sustainability and International Business Ethics
  • Competency Development
Language & General Studies
  • Writing Academic English I
  • Writing Academic English II
  • (in connection with Research Methodologies)
  • Finnish for Foreigners I or
  • foreign language studies (for Finnish students)
  • Information and Literacy Skills I
  • Information and Literacy Skills II
For more information please visit the programme website.

Detailed Programme Facts

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score: 6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test
  • Minimum required score (Grade C): 180

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score: 580

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score: 92

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

The required application documents are the following:
  • Printed and signed application form (created by the national Studyinfo electronic application system)
  • Degree certificate(s)
  • Transcript(s) of record (An explanation of the grading system used is mandatory if it is not clearly stated in the transcript)
  • Proof of language proficiency
  • Letter of Motivation written in the online application form
  • Photocopy of passport's information page / official ID card
  • Curriculum Vitae (CV, Resume; please use the Europass CV form)
  • One passport photo
To be considered for admission to the programme, the applicant must fulfil the following criteria:
  • Scope of the degree
  • 3- or 4-year Bachelor degree at university or polytechnic level
  • Prior studies at Bachelor level or higher in the core areas of the programme
For the MIB programme these areas are: international business, marketing, and management and organisation
  • Applicant’s performance (i.e. GPA) in previous studies, including the thesis or ‘final report’ (i.e. the final assignment students must complete in circumstances where a thesis is not used)
The overall grade (GPA) and the grade of the thesis for a Bachelor’s degree from a university should be at least ‘good’ 3/5 (ECTS grading), or equivalent in the systems not using the ECTS.The overall grade (GPA) and the grade of the thesis or ‘final report’ for a Bachelor’s degree from a polytechnic or university of applied sciences should be at least ‘good’ 3/5 (ECTS grading).
  • English language proficiency as instructed in admission criteria
Please notice that the GPA must be apparent in the Transcript of Records.

For more information please visit the programme website.

Tuition Fee Per Year

  • EUR 12000 International
  • Free EU/EEA


Financial Support

The University of Vaasa does not offer scholarships for international students. Degree students are eligible for a Finnish state scholarship and a state-guaranteed bank loan only if they have lived in Finland for at least two years in some capacity other than that of a student and if their residence in Finland can be considered to be of a permanent nature. Those who have sufficient other income or who progress poorly in their studies are not eligible for support. As a rule, foreigners who have lived in Finland for less than two years are not eligible for financial support unless specific reasons make their residence in Finland permanent. More information may be obtained from the Academic Affairs Office at the University or at Kela office.

Some scholarship schemes for international students are offered by CIMO (Centre for International Mobility).

Please note that the University of Vaasa does not have scholarship programmes and cannot offer any financial aid for international students. The programmes are also full-time programmes and thus working is not an option when it comes to financing the studies in Finland.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.