Admission to the Bachelor’s Programme in Economics, Bachelor and Master of Science in Economics and Business Administration (3 + 2 years)

Please note that as an Aalto University student, you cannot be granted a right to pursue a degree in a study option from which you have already earned a degree or for which you have a valid right to pursue a degree. 

At Aalto University, a student may have only one valid study right towards a given degree. If you accept a new study right in a bachelor's programme leading to the same degree (bachelor or master) at Aalto, your old study right will be cancelled.

If you have a right to study only for a Master of Science (Economics and Business Administration) at the Aalto University School of Business, you cannot be admitted through this admission procedure.

If you are a refugee or asylum seeker or have a refugee-like status in Finland and cannot prove your eligibility for higher education by documentation, you may be invited to an entrance examination or be required to take the SAT or the ACT test.

You are required to provide additional information on the lack of requisite documentation as well as an official decision on your refugee status (decision on being granted asylum or a residence permit based on need for international protection or a certificate of a pending application for asylum). The university will determine your eligibility based on the additional information provided. 

Please note that you are also required to submit an application during the application period. Your eligibility can only be determined after Aalto University has received your application. Instructions for applying can be found on this page under the section “How to apply?”. 

For more information, please contact [email protected]. 

In Aalto Bachelor's Programme in Economics, 80 % of the available places in Admission Group I are reserved for applicants applying for their first higher education degree (quota for first time applicants).

You are not considered a first-time applicant, if you have:

• completed a higher education degree in Finland
• accepted a study place leading to a higher education degree in Finland on 1.8.2014 or later.

In Admission Group I, admission is based on the grades obtained in the Finnish Matriculation Examination, IB, EB or DIA/RP diplomas. If you have in addition to the IB, EB, or DIA/RP diploma taken any subject tests in the Finnish Matriculation examination, the best combination score is considered. 

To be considered in Admission Group I, you must fulfill the following minimum requirements: 

• Minimum grade of M (magna cum laude) in the advanced mathematics test or 
• Minimum grade E (eximia cum laude approbatur) in the basic mathematics test. 

This requirement applies also to applicants with an IB, EB or RP/DIA diploma.

Calculating the scores

In the Finnish matriculation examination or IB/EB/DIA/RP diploma a total of four subjects are scored: 

1. mother tongue
2. mathematics (advanced or basic syllabus)
3. the language for which the applicant receives the highest points and
4. out of the remaining subjects, the subject for which the applicant receives the highest points.

The order of admission is determined by the total score calculated based on grades in the matriculation examination (or IB/EB/DIA/RP diploma). The total score is calculated according to the scoring tables below.

When two or more applicants receive the same total score, their ranking is based on their grades in individual subjects, considered in the following order:
1. the applicant with the most points for the mathematics grade
2. the applicant with the most points for the mother tongue grade
3. the applicant with the most points for the advanced language (Language A) grade
4. the applicant with the most points for the subject most advantageous to him or her out of all the remaining subjects.

If the score is still tied after all the rules above have been applied, all applicants with the same score are admitted, even if this means exceeding the original number of student places available.

A Finnish as a Second Language or Swedish as a Second Language test taken instead of the mother tongue test in the Finnish matriculation examination is regarded equivalent to the mother tongue test. If applicant has taken two mother tongue level exams, the other (better performing) will be calculated as a mother tongue and the other as an advanced language. Each subject will only be considered once, so for applicants who have taken tests of different levels in the same subject (for instance, basic and advanced mathematics), the grade for which the applicant receives the most points is considered. The applicants cannot receive points for Finnish matriculation exams tests in the subjects of humanities and natural sciences (reaali) taken before 2006.

The points of applicants who finish their IB diploma in the spring 2024 are calculated based on their Candidate Predicted Grades. The points of applicants who finish their EB examination in the spring 2024 are calculated based on the official predicted grades. If you are accepted based on predicted grades, the selection is conditional until you submit an official certificate of the final grades to Aalto University. If the points calculated based on the final grades are lower than the points calculated based on the predicted grades, your admission offer may be revoked. If your final score is higher than the predicted grades or preliminary marks, you may be admitted to a study option for which the predicted score had been insufficient.

All possible national changes to the scoring tables will be taken into consideration.

If an applicant admitted in admissions group I renounces his or her student place, the applicant ranked next in the same category, after any tied scores have been resolved, will be admitted. At the discretion of the university, the applicant ranked next in the same category, after any tied scores have been resolved, may be admitted to replace a student who has enrolled as non-attending.

The Finnish matriculation examination    

Grades in the IB diploma

Minimum requirement

Scoring table

Grades in the EB diploma

Minimum requirement

Scoring table

Grades in the DIA/RP diploma

Minimum requirement

In Admission Group II, admission is based on the SAT or the ACT test results. To be eligible for admission in admission group II, you must complete the required SAT (Evidence Based Reading and Writing and Mathematics sections) or ACT (Reading, English, Mathematics and Science sections) test and submit your results to Aalto University Admission Services by the given deadline. Only the SAT or the ACT tests completed 1 Jan 2022 or later will be considered in the 2024 admissions. If you have taken both the SAT and the ACT test or taken tests multiple times, the highest valid score is taken into consideration. All applicants are required to attain the minimum scores below for the SAT total score or for the ACT composite score and for the SAT or ACT Mathematics section score.

Applicants are ranked based on their SAT total scores or converted ACT composite scores. ACT test scores will be converted to SAT scores using a conversion table. In the case of a tied score, the applicant with the higher section score from the test section of Mathematics will be admitted. If there are several applicants with the same mathematics score, all applicants with the same score will be admitted.

The official SAT or ACT test results must be delivered directly by the test organiser to Aalto University by 24 Jan 2024 at 3pm/15.00 (GMT +2). You must also attach a copy of the official SAT or ACT test result report to the application form by 24 Jan 2024 at 3pm/15.00 (GMT +2). Test results delivered after the deadline or solely by the applicant or test organiser are not accepted. 

Instructions for delivering the SAT and ACT test scores and their conversion tables

In addition to the SAT or ACT test results, you must have completed or complete in spring 2024 a qualification that meets the general eligibility requirements for higher education, for example a high school diploma (see the section Who can apply).

Please note that SAT and ACT tests can be fully booked before the final registration date, so please make sure to register for the test well in advance. Aalto University does not organize SAT or ACT tests or answer inquiries concerning the tests.

For applicants completing an IB or EB diploma, a foreign qualification giving eligibility to higher education studies or a Finnish matriculation examination or vocational qualification in spring 2024, the selection is conditional until the applicant submits a copy of the final diploma to Aalto University Admission Services, or for IB diplomas, until Aalto University Admission Services receives the final diploma from the IBO. If the diploma is not completed or the required documents are not delivered by the given deadline, the admission offer will be revoked. Please check the deadlines for delivering application documents under the section Required application documents.

If an applicant admitted in admissions group II renounces his or her study place, the applicant ranked next in the same category, after any tied scores have been resolved, will be admitted. If there are still fewer applicants admitted than places reserved for admissions group II, any unfilled study places may be moved to the intake quota of admission group I.

At the discretion of the university, the applicant ranked next in the same category, after any tied scores have been resolved, may be admitted to replace a student who has enrolled as non-attending.

Attach to your application form a copy of your valid passport or some other government-issued identity card (with photo) including information on your citizenship by 24 Jan 2024 at 3pm/15.00 (GMT +2).

Please note! If you have Finnish citizenship, you do not have to submit a copy of your passport or identity card.

If your official identification card is issued in a language other than English, Finnish or Swedish, you must also submit a translation of the document. You can translate the document yourself. The translation must be accurate.

If you are exempted from the tuition fee based on your residence permit, attach to the application form copies of both the front and back sides of your residence permit card in Finland by 24 Jan 2024 at 3pm/15.00 (GMT +2). See the residence permit types that exempt from tuition fees at Scholarships and Tuition Fees page. 

The fee-exempting residence permit must be valid at the beginning of the academic year i.e., 1 August 2024. 

A residence permit card in itself is not a valid proof of identity. In addition you must submit a copy of your valid passport or other official ID card where your citizenship is indicated.

More information on liability to pay tuition fees can be found under the section Tuition fees and scholarships.

More information on tuition fees (aalto.fi)

The official SAT or ACT test results must be delivered directly by the test organiser to Aalto University by 24 Jan 2024 at 3pm/15.00 (GMT +2). You must also attach a copy of the official SAT or ACT test result report to the application form by 24 Jan 2024 at 3pm/15.00 (GMT +2). Test results delivered after the deadline or solely by the applicant or test organiser are not accepted. 

More information on delivering your SAT/ACT test results to Aalto University

If you have completed the Finnish matriculation examination in 1989 or earlier, upload copies of your degree certificate on the online application form by 24 Jan 2024 at 3pm/15.00 (GMT +2).

Please note, that if you have completed the Finnish Matriculartion examination in 1990 or later, you do not need to submit a copy of your certificate.

An IB diploma (the International Baccalaureate diploma) completed in an accredited IB school, granted by IBO.
More information (ibo.org)

If you have completed the IB diploma before the spring 2024, attach a copy of your diploma to the online application form by 24 Jan 2024 at 3pm/15.00 (GMT +2). Attach both pages of the IB diploma (the page stating your grades and the page stating the diploma has been awarded).

If you are completing an IB diploma in the spring 2024, attach a predicted grades report to the online application form by 3 Apr 2024 at 3pm/15.00 (GMT +3). Information on the official final grades must be delivered by 11 July 2024 at 3pm/15.00 (GMT +3).  

If you are completing the IB diploma in spring 2024, you must order a Transcript of Grades document to be delivered to Aalto University directly from the IBO. Aalto University will check the final grades electronically from the IBO after the final results have been published. The final grades must arrive to Aalto University by 11 July 2024 at 3pm/15.00 (GMT +3). 

If you are accepted based on IB predicted grades, the selection is conditional until Aalto University Admission Services receives your official final grades from the IBO. If the points calculated based on the final grades are lower than the points calculated based on the predicted grades, the admission offer may be revoked. If the final score is higher than the predicted grades, you may be admitted to a study option for which the predicted grades had been insufficient.

An EB examination (the European Baccalaureate examination) completed in an accredited EB school.
More information (eursc.eu=)

If you have completed the EB examination before spring 2024, attach a copy of your final diploma to the online application form by 24 Jan 2024 at 3pm/15.00 (GMT +2). Attach all pages of the diploma.

If you are completing an EB examination in spring 2024, attach a preliminary marks report to the online application form by 3 Apr 2024 at 3pm/15.00 (GMT +3) and a copy of your final diploma by 11 July 2024 at 3pm/15.00 (GMT +3).

If you are accepted based on EB preliminary marks, the selection is conditional until you submit an official certificate of the final grades to Aalto University Admission Services. If the points calculated based on the final grades are lower than the points calculated based on the preliminary marks the admission offer may be revoked. If the final score is higher than the preliminary marks, you may be admitted to a study option for which the preliminary marks had been insufficient.

Deutsches Internationales Abitur diploma or Reifeprüfung diploma completed in Finland. More information (dsh.fi)

If you have completed the DIA/RP diploma before spring 2024, attach a copy of your diploma to the online application form by 24 Jan 2024 at 3pm/15.00 (GMT +2). Attach all pages of the diploma.

If you are completing a DIA degree in spring 2024, attach a copy of your final grades report to the online application form by 3 Apr 2024 at 3pm/15.00 (GMT +3). Attach all pages of the diploma.

Upper secondary education completed outside Finland (general or vocational), e.g. a high school diploma. The qualification must give eligibility to university-level studies in the country in question.

If you have completed the degree before spring 2024, attach to the online application form by 24 Jan 2024 at 3pm/15.00 (GMT +2)

• A copy of your final diploma and
• Translations to Finnish, Swedish or English (if the original document is not in either Finnish, Swedish or English)

If you are completing the qualification in spring 2024, you are required to upload to the online application form:

By 24 Jan 2024 at 3pm/15.00 (GMT +2)

• A copy of the most recent transcript of records or a certificate of ongoing studies issued by the school (including information on the qualification to be completed and the estimated graduation date)
• Translations to Finnish, Swedish or English (if the original document is not in Finnish, Swedish or English) 

By 11 July 2024 at 3pm/15.00 (GMT +3)

• A copy of the final diploma and 
• Translations to Finnish, Swedish or English (if the original document is not in either Finnish, Swedish or English) 

More information on translations can be found below. 

If you have completed the qualification before spring 2019, attach a copy of the final diploma to the online application form by 24 Jan 2024 at 3pm/15.00 (GMT +2). 

Please note, that if you have completed the qualification in 2019 or later, you do not need to submit a copy of your diploma. 

If you are completing the qualification in spring 2024, it must be completed by 14 June 2024 at the latest. 

If you have completed the degree before spring 2024, attach to the online application form by 24 Jan 2024 at 3pm/15.00 (GMT +2)

• A copy of the final degree certificate  and
• Translations to Finnish, Swedish or English (if the original document is not in either Finnish, Swedish or English)   

If you are completing the degree in spring 2024, attach to the online application form:   

By 24 Jan 2024 at 3pm/15.00 (GMT +2) 

• A copy of the most recent transcript of records and
• Translations to Finnish, Swedish or English (if the original document is not in Finnish, Swedish or English)   

By 11 July 2024 at 3pm/15.00 (GMT +3) 

• A copy of the final degree certificate  and 
• Translations to Finnish, Swedish or English (if the original document is not in either Finnish, Swedish or English)   

More information on translations can be found below.

All application documents must be available in Finnish, Swedish or English. If the original document was written in some other language, an official translation of the documents must be submitted.

The translation is official if it has been done by the educational institution that awarded the degree or by a certified translator (authorised translator). The certified translator’s stamp and/or signature must be on the translations.

Submit scanned copies of the official translations. In addition to translations, submit copies of the original documents in the original language; translations by themselves are insufficient.

The Finnish National Agency for Education (www.oph.fi/en) maintains a register of authorised translators who are based in Finland.

Most non-EU/ETA citizens are required to pay tuition fees.

Citizens of the member states of the European Union (EU) or European Economic Area (EEA) or Switzerland are not required to pay tuition fees. In addition, tuition fees do not concern those non EU/EEA students who have:

• A permanent residence permit for Finland (marked P on the residence permit card)
• A continuous residence permit for Finland (marked A on the residence permit card), issued on other grounds than studying.
  If you have a continuous residence permit card in Finland (type A) issued for studies, you are liable to pay tuition fees.
• An EU residence permit card in Finland for third-country citizens with long-term EU resident status (marked P-EU)
• Resident permit card in Finland for a family member of an EU citizen
• EU Blue Card in Finland
• A Brexit residence permit card, type SEU-sopimuksen 50 artikla = Right of residence under the withdrawal agreement, or P SEU-sopimuksen 50 artikla = Right of permanent residence under the withdrawal agreement 

In order to be exempted from tuition fees, the residence permit must be valid at the beginning of the academic year (1 August 2024). If you are exempt from tuition fees based on your residence permit in Finland, upload a copy of both sides of your residence permit card to your online application form. In addition, a copy of your valid passport, or national ID card where your citizenship is indicated, is required to prove your citizenship.

For more information about determining tuition fee liability and tuition fee exemptions, see Studyinfo (studyinfo.fi). For more information on residence permit card types, see the Finnish Immigration Service (migri.fi) website.

You can find more information about scholarships and tuition fees at Scholarships and Fees (aalto.fi)

At Aalto university the tuition fee is €12 000 per academic year for Bachelor’s degree programmes and €15 000 per academic year for Master's degree programmes.

Aalto University has a scholarship programme to support non-EU/EEA citizens who study in a fee-charging degree programme. The number of scholarships is limited.

The scholarships are granted in the form of a tuition fee waiver. The scholarship covers either 100 % or 50 % of the tuition fee. The scholarships do not cover living costs. Students are expected to cover living expenses (app. EUR 800 per month) and other study related costs from their own financial resources.

Non-EU/EEA citizens who are liable to pay tuition fees can apply for the Aalto University scholarship. The applicants can apply for the Aalto University scholarship at the same time they apply for a Bachelor's programme with the same application form during the application period. It is not possible to apply for the scholarship after the application period has ended.

At Aalto University in the admission to bachelor's programmes you can only receive one scholarship for one study option at Aalto University, including all fields of study (art and design, business and economics and science and engineering). You can still apply and be admitted to more than one study option. Please indicate on the application form your order of preference for your scholarship application for the study options at Aalto University.  

The applicants are ranked based on the programme’s admission criteria and the best applicants liable to pay fees may be granted scholarships. If based on your success in the admission process you would be admitted to and granted a scholarship for several study options, in this case the scholarship will be granted to the study option you have placed as a higher preference. The scholarship decision is given together with the admission decision. No appeal may be lodged against a university decision pertaining to a scholarship.   

Please note! The order of preference you indicate on the application form is binding and cannot be changed after the application period has ended. If you add or remove study options offered by Aalto University on your application form during the application period, please remember to adjust your order of preference accordingly.  

You can find more information about scholarships and tuition fees at Scholarships and Fees (aalto.fi)

If you have been admitted to a study programme, you will receive a notification of this to your email. You must accept the offer of admission by the given deadline, or you will lose your offer. You can accept only one offer of admission per academic term. Accepting an offer of admission is a binding choice, and you cannot cancel or change your choice later. When you accept an offer of admission, all your other admission offers will be cancelled automatically.

Important information about accepting your study place offer and enrolment can be found at Studyinfo.fi 
 

The right of appeal means that you have the possibility to request rectification if you believe that there has been an error in the decision-making process. The appeal should be submitted to the Registry of the university within 14 days after the publication of the decisions. In the appeal the applicants should specify the reasons for it. The right of appeal is not intended as means for receiving feedback or asking for further information about the application process.

More information and instructions for appealing against the admission decision will be updated in spring 2024. 

More information and instructions for appealing against the admission decision

Lowest accepted scores 2023

Information and statistics on previous years' admissions (aalto.fi)