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

You are eligible to apply in Admission Group I if you have completed or will complete during spring 2023 one of the following degrees:

• Finnish matriculation examination
• International Baccalaureate diploma (IB)
• European Baccalaureate examination (EB)
• Deutsches Internationales Abitur diploma (DIA) or Reifeprüfung diploma (RP) in Finland

In Admission Group I admission is based on the grades obtained in the Finnish matriculation examination or IB, EB or RP/DIA diploma.

You are eligible to apply in Admission Group II if you have completed or will complete during spring 2023 one of the following degrees:

• Finnish matriculation examination
• International Baccalaureate diploma (IB)
• European Baccalaureate examination (EB)
• Deutsches Internationales Abitur diploma (DIA) or Reifeprüfung diploma (RP) in Finland
• Upper secondary education completed outside Finland, e.g. a high school diploma. The qualification must give eligibility to the corresponding level of higher education in the country in which it was awarded.
• A Finnish vocational upper secondary qualification, further vocational qualification or specialist vocational qualification as set in the Vocational Education Act (531/2017)
• Advanced International Certificate of Education -degree (AICE)

In addition you are considered eligible if you

• have been granted a study right towards a university degree in Finland
• have completed a higher education degree in Finland or a degree equivalent to a Bachelor’s degree outside Finland

In Admission Group II admission is based on SAT or ACT test results.

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, 70 % 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.

Admissions to the Bachelor's Programme in Economics are organized through the national spring Joint Application to Higher Education. The application period is 4 - 18 Jan 2023. The application can only be filled during the application period in the Studyinfo service. 

In the Joint Application to Higher Education, you can apply to a maximum of six (6) study options with one application form. You do not have to place the study options in order of preference, and you may be offered more than one study place. Please note that you can only accept one study place leading to a higher education degree in Finland in education that begins in the same academic term (one study place per term provision). This rule applies to all higher education.   

More information on the one study place per term provision (studyinfo.fi)

Please note! If you also apply in the Joint Application to Finnish/Swedish Degree Programmes, you are required to fill out a separate application form during the second joint admission application period.   

How to apply in joint application (studyinfo.fi)

Admission Group I admission is based on the grades obtained in the Finnish matriculation examination, IB, EB or DIA/RP degrees.

To be considered in Admission Group I, you must fulfill the following minimum requirements set by the study options: the grade of M (magna cum laude) in the advanced mathematics test or 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 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 grades of international diplomas are converted into their Finnish matriculation examination equivalents with the help of the IB/EB/RP/DIA diplomas table below. The total score, calculated from the applicant’s grades in the Finnish matriculation examination or on the IB/EB/RP/DIA diploma, is the academic index used to rank the applicants.

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

The order of admission is determined by the academic indexes calculated on the basis of the total score for the upper secondary school diploma.

When two or more applicants receive the same academic index, (the same combined 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.

The points of applicants who finish their IB diploma in the spring 2023 are calculated based on their Candidate Predicted Grades. The points of applicants who finish their EB examination in the spring 2023 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 SAT or ACT test results.

To be considered in Admission Group II, you need to have completed either the SAT or ACT test with the following minimum scores:

Applicants are ranked based on the total score of the SAT or ACT test. If several applicants have received the same score, the applicant with the highest score in the mathematics section of the SAT or ACT test will be admitted. If several students have received the same score in the Math section, all students with the same score will be admitted.

All official results of the SAT and ACT tests must be delivered to Aalto University directly from the test organizer. The official test results must arrive at Aalto University directly from the test organizer by the deadline 1 May 2023.

Only SAT and ACT tests completed on 1 Jan 2021 or later will be considered in the admissions.

If you have completed more than one SAT or ACT test, only the test with the highest total score will be considered.

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.

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.

More information about delivering the SAT and ACT scores and about the conversion of ACT test scores into SAT scores

For applicants completing an IB diploma or EB examination, a foreign degree giving eligibility to higher education studies or a Finnish vocational degree in spring 2023, the selection is conditional until the applicant submits a copy of the final diploma to Aalto University. If the diploma is not completed or the required documents are not submitted by the given deadline, the admission offer may be revoked. Please check the deadlines for submitting the application documents under the section "Required application documents".

Submit a copy of your passport or some other government-issued identity card (with photo) including information on your citizenship as well as possible documents proving you are exempted from paying tuition fees (such as residence permit) by 25 Jan 2023 at 3pm/15.00 (GMT +2).

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

The documents proving exemption from tuition fees are listed in the section "Tuition fees and scholarships".

More information on tuition fees

SAT or ACT test results of applicants applying in Admission Group II must be received by Aalto University by 1 May 2023.

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 25 Jan 2023 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.

If you have completed the IB diploma before spring 2023, upload a copy of your IB diploma (both pages) to the online application form by 25 Jan 2023 at 3pm/15.00 (GMT +2).

If you are completing an IB diploma in spring 2023, upload a predicted grades report to the online application form by 6 Apr 2023 at 3pm/15.00 (GMT +3). Information on the official final grades must be submitted by 14 July 2023 at 3pm/15.00 (GMT +3).

If you are completing the IB diploma in spring 2023, 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 after the final results have been published. The final grades must be delivered to Aalto University by 14 July 2023 at 3pm/15.00 (GMT +3) at the latest.

More information (ibo.org)

If you have completed the EB examination before spring 2023, upload a copy of your diploma to the online application form by 25 Jan 2023 at 3pm/15.00 (GMT +2).

If you are completing the EB examination in spring 2023, upload a preliminary grades report to the online application form by 6 Apr 2023 at 3pm/15.00 (GMT +3) and a copy of your final diploma by 14 July 2023 at 3pm/15.00 (GMT +3).

If you have completed the DIA or RP diploma before spring 2023, upload a copy of your degree certificate to the online application form by 25 Jan 2023 at 3pm/15.00 (GMT +2).

If you are completing a DIA degree in spring 2023, upload a copy of your final grades report to the online application form by 6 Apr 2023 at 3pm/15.00 (GMT +3).

If you have completed the degree before spring 2023, you are required to upload to the online application form by 25 Jan 2023 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 2023, you are required to upload to the online application form:

By 25 Jan 2023 at 3pm/15.00 (GMT +2)

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

By 14 July 2023 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, upload a copy of the final diploma to the online application form by 25 Jan 2023 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 2023, it must be completed by 9 June 2023 at the latest. 

If you have completed the degree before spring 2023, you are required to upload to the online application form by 25 Jan 2023 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 2023, you are required to upload to the online application form:   

By 25 Jan 2023 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 28 July 2023 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 2023). 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. 
 

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

Lowest accepted scores 2022

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

Lowest accepted scores 2021

Lowest accepted scores 2020

Lowest accepted scores 2019