Finance, Master of Science (Economics and Business Administration) (2 years)

What you would need to do

In the order you must act, not the order things get published. Some steps depend on your nationality — tell us where you are from and this list gets sharper.

1. Financial requirement — EUR 800 per monthBefore you applyAt least EUR 800 per month must be shown for living costs, EUR 9,600 for a one-year stay. This is net of tuition — money spent on tuition does not count toward it. · EUR 9,600Finnish Immigration Service (Migri) ↗
2. Health insurance — EUR 120,000 cover for studies under two yearsBefore you applyA valid policy is required before the residence permit is granted. Studies under two years must be covered for medical costs up to EUR 120,000. Studies of two years or more normally bring a municipality of residence and municipal health services, so the policyFinnish Immigration Service (Migri) ↗
3. Credential recognition (NOT required for study admission)Finland has no compulsory central credential evaluation for admission. Institutions assess foreign qualifications themselves. The National Agency for Education issues recognition decisions only for regulated professions, not for study admission.Finnish National Agency for Education (Opetushallitus / OPH) ↗
4. Residence permit for studies (A permit)Non-EU/EEA/non-Nordic students staying over 90 days need a residence permit. Applied online through Enter Finland after admission, followed by an in-person identification visit at a Finnish diplomatic mission within 3 months of online submission.Finnish Immigration Service (Migri); Enter Finland; Finnish missions ↗
5. Tuition fees for non-EU/EEA students (English-taught degrees)Non-EU/EEA students pay tuition for English-taught bachelor's and master's programmes. Programmes taught in Finnish or Swedish are free, and doctoral programmes are free regardless of nationality — so the language of instruction determines the fee.Individual universities set fee levels; Ministry of Education and Culture provides the statutory basis ↗
6. DVV registration and personal identity codeRegistration in the Population Information System yields an 11-character personal identity code, often issued at the same time as the permit decision. A separate municipality of residence is granted if you move to Finland for at least a year — for students, stDigital and Population Data Services Agency (DVV) ↗

Cost

tuition — EUR 12,000 per year (international students)Opintopolku (Studyinfo): Finance, Master of Science (Economics and Business Administration) (2 years) at University of Oulu — annual tuition fee EUR 12000. ⚠ Under Finnish law this lukuvuosimaksu is charged ONLY to students from outside the EU/EEA and Switzerland; EU/EEA citizens pay no tuition for this programme.Checked 2026-08-21 · opintopolku.fi

Entry requirements