The Master's Degree Programme in International Business is a two-year, full-time programme focusing on the identification and management of challenges arising from planning, controlling and coordinating business activities on an international scale. Based both on the required competence of international managers today as well as core areas of research within the University of Vaasa, the teaching on the programme centres around current theory and practice in three key aspects of international business - international strategic management, international marketing management, and international human resource management. The international EPAS accreditation is a mark of the quality of the business teaching in the University of Vaasa.
Besides these three key areas, the MIB programme offers students a range of country-focused studies which prepare students to do business in key emerging markets. Teaching on the programme is supported by high-quality, and internationally recognised research groups that have been rewarded several times for their contributions to the international academic community.
The programme is looking for students who have a good academic record from their previous studies in a relevant subject (business studies/economics), have a genuine interest in international aspects of business and management, have worked or intend to work in an international organisation, and who are committed to studying an intensive two-year programme which leads to a Master of Science in Economics and Business Administration degree. The intake of the Master's Degree Programme in International Business is 25 students, and the application period is January.
There are no entrance examinations for international Master's programmes at the University of Vaasa. Admission decisions are made on the basis of the required documents, evaluating each complete application individually and selecting those with the best qualifications. Master's degree students have no tuition fees. They are only required to pay the Student Union membership fee of approximately 142 euro per academic year.
Tuition fee for the international students.)
European Economic Area tuition fee is applicable to the students from EU countries, Iceland, Liechtenstein, Norway and Switzerland.)
Like all other basic-degree programmes in Finland, the Master’s degree programmes are entirely financed by the government. The students do not usually have to pay for tuition. This applies to both Finnish and international degree students.
Applicants who are applying based on a qualification completed outside the EU/EEA -area will be required to pay an application fee of 100 €. The application fee is valid for one application period, and it covers all the applications that you make for study programmes that begin in the same semester
MIB focuses on the identification and management of challenges arising from planning, controlling and coordinating business operations on an international scale.
Based both on the required competencies of international managers as well as core areas of research within the University of Vaasa, the teaching on MIB centres around current theory and practice in three key areas of international business - international strategic management, international marketing management and international human resource management.
The study programme comprises 120 ECTS and leads to a Master of Science in Economics and Business Administration degree. The programme can be completed in two years.
Students are eligible for admission to the two-year Master’s Degree Programme in International Business (MIB programme) if they have completed a Bachelor’s degree in an appropriate field. The MIB programme is open both for international and Finnish applicants.
Approximately 25 students are accepted to the programme each year. Application deadline is 1 February.Evaluation of the applications
To be considered for admission to the programme, the applicant must fulfil the following criteria:
1. Scope of the degree
2. Prior studies at Bachelor level or higher in the core areas of the programme
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)
4. English language proficiency, which can be proved in one of the below listed ways. University of Vaasa does not apply a strict time limit to how recently the necessary verification for English language skills has been acquired. However, if the language skills verification is several years old it may have a negative effect on the admission decision.
Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are selected for admission to the programme. The criteria used in the selection process are listed below in order of importance:
The selection process uses an objective system of points for the evaluation of candidates (in total 50 points). The weight of each of the criteria is the following:
All applicants (both Finnish and international) must apply for admission to the programme by filling in the electronic application form available online. After filling in and submitting the electronic form, applicants must make sure that the certified copies of the required application documents are delivered to University Admissions Finland.
Before submitting your documents please consult the country-specific requirements that may concern you. Please note that they apply to the country where the degree has been obtained.
To be enclosed in the application:
The applicant may also enclose other certificates and documents supporting the application (e.g. work certificates, certificates of other university level studies, and letters of recommendation) with the application. The documents must be submitted in Finnish, Swedish or English. In case of successful admission, the original documents must be presented upon registration at the University.
The application and the required documents must be submitted according to the instructions. The printed application and the required documents should submitted to University Admissions Finland by 1 February 2016 at 15:00 (GMT+2) at the latest. Late or incomplete applications will not be processed.
No work experience is required.
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.
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University of Vaasa is a multidisciplinary University with more than 5,000 students and it offers degrees at all academic levels from Bachelor to Master and Doctor. Approximately 12 per cent of the students and 20 per cent of the academic staff are international, coming from all around the world. As a young and therefore flexible institution the University is able to adapt to the times. The language of instruction in the international Master’s programmes and several other courses is English. Welcome aboard!
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