International Business, M.Sc.

  • Application Deadline
  • 24 months
    Duration
  • Tuition Fee
    12000 EUR/year
    Tuition fee
    Free
    Tuition fee
  • English
    Language

About

The Master in International Business is offered by the University of Vaasa. People working in international positions need a wide range of competences. We offer you possibility to develop your knowledge in three key areas of international business: international strategic management, international marketing management, and international human resource management.

With us you will master both current theory and practice of international business.Teaching in the programme is based on our high-quality and internationally recognised research groups and professors, who will support your learning in multicultural teams using a variety of the latest learning methods. You will gain insights into business practices through guest lectures, company projects and our mentoring programme. Upon graduation you are awarded the degree of Master of Science in economics and Business Administration.

The programme also offers a great opportunity for selected students to strengthen their international competence by completing the second year of their studies in one of our four double degree partner universities in Europe.

Career

The programme aims to prepare students for work life and integrates elements that employers value with the studies and teaching methods: analytical approach, teamwork, international/multicultural atmosphere, information search, culture, language skills etc. Some examples of career prospects which MIB offers are export manager, country manager, key account manager, business analysts, consultant, human resource manager, project manager, and entrepreneur.

In addition to these inbuilt elements, guidance and advice concerning the job application process and employability issues is provided for all students. Career guidance in form of events, seminars and trainings can be found from the career services web sites.

Accreditation

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

Courses include:
  • Export Marketing Management
  • International Management
  • 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
  • Writing Academic English I
  • Writing Academic English II
  • Finnish for Foreigners I or
  • 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.

  • 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

Requirements:

1. Scope of the degree

  • A 3- or 4-year Bachelor degree at university or polytechnic level

2. 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

3. 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).

Please notice that the GPA must be apparent in the Transcript of Records.

4. English language proficiency as instructed in admission criteria

Tuition Fee

  • International

    12000 EUR/year
    Tuition Fee
    Based on the original amount of 12000 EUR per year and a duration of 24 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.

No tuition for:

  • EU/EEA citizen or their family member
  • equivalent to EU/EEA citizen
  • residents of Finland on a permanent basis
  • students with an EU Blue Card

Living costs for Vaasa

680 - 990 EUR/month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

First Year Scholarship - University of Vaasa Global Student Scholarship

Each Master’s programme will provide one 100% tuition fee waiver to the best ranked tuition fee subjected student based on the previous academic merits reviewed during application process.

Each Master’s programme will provide five 50% tuition fee waivers to the second, third, fourth, fifth and sixth best ranked tuition fee subjected students based on the previous academic merits reviewed during application process.

Second Year Scholarship - University of Vaasa Global Student Award for Academic Excellence

Every student completing the expected and required number of credits during the first year gets automatically a 50% tuition fee waiver.

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.