官网 阿尔托大学

Study objectives

The Master’s Programme in Economics develops your ability to apply economic theory to a wide range of economic phenomena.

The programme qualifies you both to understand the connection between micro- and macroeconomic questions and to see the causality between such questions.

In addition, the programme equips you with appropriate econometric and mathematical analytical tools to address economic issues and problems. You will learn to analyse, organise and effectively communicate your analyses.

Admission requirements

Required previous studies

 

To be considered for admission the applicant must have completed intermediate level courses in:

  • Macroeconomics;
  • Microeconomics;
  • Econometrics*; and
  • Mathematical Methods of Economics**.

The Econometrics and Mathematical Methods of Economics courses can be replaced with other adequate enough courses in statistical and mathematical methods.
*The Econometrics course (or an equivalent statistical methods course) should have covered multivariate regression analysis with cross section and time series data and hypothesis testing.

** The Mathematical Methods of Economics (or an equivalent mathematical methods course) should have covered linear algebra; functions of several variables; unconstrained and constrained optimization; difference equations and differential equations.

The required studies must be explicitly pointed in the application and the motivation letter. Course descriptions of these courses must be included in the application. It is the applicant’s responsibility to provide adequate information on the content, extent and grading of the courses. 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 programme.

Note that applicants who have completed a Master’s degree (higher academic degree) with the major subject in Economics are not eligible to apply for the Master’s Programme in Economics.

The applicants that fulfill the above requirement of previous studies are ranked according to the criteria below.

 

Admission group 1

 

Applicants who have a Finnish lower university degree in “Economics and Business Administration” (name of degree: kauppatieteiden kandidaatin tutkinto, KTK) or a Finnish “Bachelor of Social Science” (valtiotieteen kandidaatin tutkinto, VTK) with major in Economics.

 

1) Weighted GPA of previous studies in economics

Applicants are evaluated based on their previous studies in economics.

Applicants with GPA of their previous degree lower than 3.50 are not eligible for admission.

 

2) Motivation letter

The motivation letter is written in English into the electronic application system and the maximum length of the letter is 4000 characters (including space characters). The motivation letter should answer at least the following questions:

  • Why am I applying for admission to this particular study programme?
  • What are my abilities to study Economics?

 

Particular attention should be paid to explaining how the applicant’s previous studies cover the requirements of intermediate level Microeconomics, Macroeconomics, Econometrics and Mathematical Methods of Economics.

 

3) CV

 

Admission group 2

 

Applicants who have a Finnish university degree other than those listed in admission group 1, an applicable university of applied sciences degree or an applicable university degree completed abroad.

 

1) Weighted GPA of previous studies in economics

Applicants are evaluated based on their previous studies in economics.

Applicants must demonstrate good academic performance. To be eligible, an applicant’s weighted GPA of the previous degree must be better than “good” on the grading scale of the university granting the degree. Applicants with a weighted GPA of previous degree lower than “good” are not eligible.

 

2) GMAT score (or comparable GRE score)

GMAT or GRE is obligatory in admission group 2 (minimum score 550 in GMAT or equivalent GRE score).

 

3) Motivation letter

The motivation letter is written in English into the electronic application system and the maximum length of the letter is 4000 characters (including space characters). The motivation letter should answer at least the following questions:

  • Why am I applying for admission to this particular study programme?
  • What are my abilities to study Economics?

 

Particular attention should be paid to explaining how the applicant’s previous studies cover the requirements of intermediate level Microeconomics, Macroeconomics, Econometrics and Mathematical Methods of Economics.

 

4) CV

 

 

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