MIM in Finland

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MIM ( International Management )

Course Level: Master's
Course Duration: 2 Years
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Why Study MIM (Master of Management) in Finland

1. Quality Education: Finnish universities consistently rank among the top institutions worldwide in terms of education quality and academic excellence. The MIM programs offered in Finland are designed to provide students with a solid foundation in management theory, practical skills, and real-world application.

2. International Reputation: Finnish degrees are highly regarded internationally, which can enhance your career prospects and open up opportunities globally. Finnish universities often have partnerships with international organizations, allowing students to gain exposure to a diverse range of industries and networks.

3. Innovative Business Environment: Finland is known for its innovative and technology-driven business environment. Many successful global companies, such as Nokia, Rovio (creator of Angry Birds), and Supercell (creator of Clash of Clans), have emerged from Finland. Studying MIM in Finland provides an opportunity to learn from this entrepreneurial culture and gain insights into successful business practices.

4. Strong Management Curriculum: MIM programs in Finland offer comprehensive and rigorous management curricula. You can expect to study a wide range of subjects including strategic management, finance, marketing, entrepreneurship, leadership, and more. These programs often incorporate case studies, practical projects, and internships to provide hands-on learning experiences.

5. English-Taught Programs: Most MIM programs in Finland are taught in English, making them accessible to international students. This eliminates the language barrier and allows you to focus on your studies and engage with a diverse group of students from around the world.

6. Supportive Learning Environment: Finnish universities are known for their student-centric approach, offering a supportive and inclusive learning environment. Professors and faculty members are accessible and encourage open discussions, critical thinking, and collaboration among students.

7. Affordable Education: Compared to many other countries, the cost of studying in Finland is relatively affordable. Finnish universities often offer scholarships and grants specifically for international students, helping to reduce the financial burden.

8. High Standard of Living: Finland consistently ranks among the top countries in terms of quality of life, safety, and overall happiness. The country offers a high standard of living with well-functioning infrastructure, efficient public services, and abundant opportunities for outdoor activities.


MIM (Master of Management) Specializations in Finland

University

Course Duration

Tuition Fees (Approx.)

Specializations

Aalto University

2 years

€15,000 - €18,000

Business Analytics, Entrepreneurship, Finance

University of Helsinki

2 years

€13,000 - €18,000

International Business, Marketing, Strategy

University of Jyväskylä

2 years

€8,000 - €12,000

Leadership, Innovation Management, HRM

Lappeenranta-Lahti University of Technology (LUT)

2 years

€10,000 - €12,000

Supply Chain Management, Sustainability

Tampere University

2 years

€10,000 - €15,000

Digitalization, Strategic Management, HRM

University of Turku

2 years

€13,000 - €16,000

Marketing, Entrepreneurship, International Business


Admission Intake for MIM (Master of Management) in Finland

1. Autumn Intake: The primary intake for MIM programs in Finland is in the autumn or fall semester, which usually starts in August or September. The application period for the autumn intake generally begins several months in advance, typically around December or January of the same year. The deadline for submitting applications is usually in the spring, around April or May. It's important to note that popular programs may have earlier application deadlines, so it's advisable to apply early.

2. Spring Intake: Some universities in Finland may also offer a spring intake for MIM programs, although it is less common compared to the autumn intake. The application period for the spring intake typically begins around September or October of the previous year. The deadline for submitting applications is usually in December or January.

3. Rolling Admissions: In certain cases, universities in Finland may have rolling admissions, which means they accept applications throughout the year until the program reaches its capacity. This option is less common for MIM programs but may be available for specific universities or programs. It's important to check the official websites or contact the universities directly for information on rolling admissions, if applicable.


Top 10 Universities in Finland for MIM (Master of Management)

University

Course Specializations

QS World University Ranking (2022)

Aalto University

Business Analytics, Entrepreneurship, Finance

=76

University of Helsinki

International Business, Marketing, Strategy

=101

Lappeenranta-Lahti University of Technology (LUT)

Supply Chain Management, Sustainability

251-300

University of Turku

Marketing, Entrepreneurship, International Business

301-350

Tampere University

Digitalization, Strategic Management, HRM

301-350

University of Jyväskylä

Leadership, Innovation Management, HRM

401-450

University of Oulu

International Business, Marketing, Finance

401-450

University of Eastern Finland

International Business, Marketing, Strategy

501-550

Hanken School of Economics

Business and Management, Accounting, Finance

601-650

University of Vaasa

International Business, Marketing, Strategy

601-650


Tuition Fees for MIM (Master of Management) in Finland

1. EU/EEA Students: For EU/EEA students, studying a Master's degree in Finland is generally tuition-free or involves a nominal fee. EU/EEA students are typically only required to pay a small annual student union fee, which grants access to various student services and benefits.

2. Non-EU/EEA Students: Non-EU/EEA students are typically required to pay tuition fees for Master's degree programs in Finland. The exact tuition fees can vary between universities and programs. On average, the tuition fees for MIM programs for non-EU/EEA students in Finland can range from approximately €8,000 to €18,000 per academic year. These fees are subject to change, so it's important to check the official websites of the universities you are interested in for the most accurate and up-to-date information.


Cost of Studying MIM (Master of Management) in Finland

Expense

Average Monthly Cost (in Euros)

Accommodation

400 - 800

Food

200 - 300

Transportation

50 - 100

Study Materials

50 - 100

Health Insurance

20 - 50

Internet and Utilities

50 - 100

Leisure and Entertainment

100 - 200

Total

870 - 1,650


Eligibility for doing MIM (Master of Management) in Finland

1. Bachelor's Degree: You generally need to have a Bachelor's degree or an equivalent qualification from a recognized university or institution. The degree should be relevant to the field of management or a related discipline.

2.Academic Performance: You are usually required to have a satisfactory academic performance during your previous studies. This may be measured by a minimum grade point average (GPA) requirement, such as a 2.75 or above on a 4.0 scale. Some universities may have higher GPA requirements, so it's essential to check the specific requirements of the university and program you are interested in.

3. English Language Proficiency: Since most MIM programs in Finland are taught in English, you will generally need to demonstrate your English language proficiency. Commonly accepted language proficiency tests include the IELTS (International English Language Testing System) or TOEFL (Test of English as a Foreign Language). Each university may have its own minimum score requirements for these tests, so make sure to check the specific requirements of the university and program you are applying to.

4. Additional Requirements: Depending on the university and program, there may be additional requirements for admission, such as submitting a statement of purpose, letters of recommendation, or participating in an interview or entrance exam. These additional requirements vary, so carefully review the application guidelines provided by the respective universities.


Documents Required for MIM (Master of Management) in Finland

1. Application Form: You will need to complete and submit an application form provided by the university or through the national application system (if applicable).

2. Academic Transcripts: You will need to provide official transcripts or academic records from your previous educational institution(s), including your Bachelor's degree or equivalent qualification. Transcripts should include a list of courses taken, grades obtained, and the overall grade point average (GPA). Transcripts must be officially certified and translated into English or Finnish if they are in a different language.

3. Degree Certificate: You will typically need to provide a copy of your Bachelor's degree certificate or an equivalent qualification. The degree certificate should indicate the completion of your undergraduate studies.

4. Curriculum Vitae (CV) or Resume: A detailed CV or resume outlining your educational background, work experience, internships, research projects, extracurricular activities, and any other relevant information.

5. Statement of Purpose: A written statement explaining your motivation for pursuing a Master of Management program, your academic and professional goals, and how the program aligns with your future aspirations.

6. Letters of Recommendation: Typically, two to three letters of recommendation are required. These letters should be written by professors, academic advisors, or employers who can attest to your academic abilities, personal qualities, and potential for success in the MIM program.

7. English Language Proficiency Test Results: If English is not your native language, you will likely need to provide proof of English language proficiency through an accepted test such as IELTS or TOEFL. The specific test scores required may vary between universities and programs.

8.Copy of Passport: A clear copy of your passport or identification document.

9. Application Fee: Some universities may require an application fee to process your application. The fee amount and payment method will be specified by the university.


Scholarships for MIM (Master of Management) in Finland

1. Finnish Government Scholarships: The Finnish government provides scholarships for international students through the Finnish National Agency for Education (EDUFI). The scholarships include the Finnish Government Scholarship Pool and the Finnish Cultural Foundation scholarships, among others. These scholarships are merit-based and cover living costs and tuition fees.

2. CIMO Scholarships: The Centre for International Mobility (CIMO) in Finland offers scholarships for international students at the Master's level. The scholarships include the CIMO Scholarship for Studies, which covers living costs, and the CIMO Scholarship for Internship, which supports internships in Finnish companies.

3. University Scholarships: Many universities in Finland provide their own scholarships specifically for international students. These scholarships are often based on academic merit, and the criteria and amount of funding may vary. It's advisable to check the official websites of the universities you are interested in for information on available scholarships.

4. Erasmus+ Scholarships: Erasmus+ is an EU-funded program that offers scholarships and exchange opportunities for students across Europe. Some MIM programs in Finland may have partnerships with European universities, allowing students to apply for Erasmus+ scholarships to support their studies.

5.External Scholarships: There are external scholarship opportunities available from various organizations, foundations, and government programs. These scholarships may have specific eligibility criteria based on nationality, field of study, or other factors. It's recommended to explore scholarship databases, such as the Scholarship Portal or Study in Finland scholarship database, to find external funding options.

6. Employer and Industry Scholarships: Some companies and industries in Finland may offer scholarships or funding opportunities for students pursuing a Master's degree in management. These scholarships may be tied to specific fields of study or require a commitment to work for the sponsoring organization after graduation.


Jobs and Salary after MIM (Master of Management) in Finland

1. Job Opportunities: MIM graduates in Finland can find employment in a wide range of industries, including finance, consulting, marketing, entrepreneurship, human resources, and more. Job roles may include management consultant, project manager, business analyst, marketing manager, financial analyst, HR specialist, or entrepreneur.

2. Salary Range: The salary range for MIM graduates in Finland can vary depending on factors such as the industry, job role, level of experience, and location. On average, entry-level salaries for MIM graduates in Finland can range from approximately €30,000 to €45,000 per year. With experience and career progression, salaries can increase to €50,000 or higher annually.

3. Location Factors: Salaries may vary depending on the location within Finland. Major cities like Helsinki, Espoo, and Turku often offer higher salary levels due to the concentration of businesses and industries. Smaller cities and regions may have lower average salaries but may also have a lower cost of living.

4. Benefits and Perks: In addition to salary, many employers in Finland offer additional benefits and perks, including health insurance, retirement plans, paid vacation days, flexible working hours, professional development opportunities, and more. These benefits can contribute to the overall compensation package.

5. Entrepreneurship Opportunities: Finland has a thriving startup ecosystem, and MIM graduates with an entrepreneurial mindset can explore opportunities to start their own businesses or join startups. Finland offers support and resources for entrepreneurs, including incubators, accelerators, and funding programs.

6. Networking and Internships: Engaging in networking activities, internships, and industry collaborations during your MIM studies in Finland can enhance your job prospects. Universities often have career services and alumni networks that can connect you with potential employers and job opportunities.

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