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Master's Programme in Global Management (including CEMS MIM)
Language of instruction:
Field of study:
Objectives of studies
In today’s rapidly changing business environment, analytical yet empathic leadership is a prerequisite for success. The Global Management programme equips students with the knowledge, skills and competencies required to navigate international markets. Global Management graduates have:
- International competence. Graduates are able to make effective business decisions and adjust their management style to fit international and diverse environments.
- Business-savvy. Graduates have experience in applying academic knowledge to practical business challenges, developed through systematic experience and engagement with the corporate world.
- Strong values. Graduates have a broad vision for responsible decision-making in business and leadership, informed by ethical reasoning, personal integrity, and respect for social diversity.
- Ability to reflect and think critically. Graduates are open-minded problem-solving and agile decision-making, with an ability to develop and apply innovative solutions to complex business challenges.
- Capability for holistic Leadership. Graduates have a comprehensive understanding of personal responsibilities, accountability and the ethical and cultural frameworks in which leadership is applied.
Upon graduation from the Global Management programme, graduates will have world-class knowledge and the skill set to lead organisations towards international success.
What makes studying in the Master's programme in Global Management and CEMS so unique?
”I was inspired by the strong relations to the corporate world. Getting to know companies helped me figuring out what I wanted to do in my career.”
Tiina Alahuhta-Kasko, CEO, Marimekko
“In CEMS you get an opportunity to learn how to build both economically and environmentally sustainable businesses in a multicultural world.”
Linda Tenho, Associate Solution Consultant at Salesforce
“Through CEMS I have gained a broader perspective on strategic issues, rather than just a deep-dive in only one field.”
Karoliina Torttila, Head of Analytics at Virtual Site Solutions
“CEMS has enabled me to work effectively in an international multicultural environment and to make decisions and take responsibility for them in an uncertain world, and most of all, learn more about and gain respect for social diversity.”
Niko Uusitalo, Analyst, Meltwater
“When employers are asked what differentiates CEMSies from other business school students, they say it’s their drive. CEMS students are pro-active, motivated and passionate.”
Rita Järventie-Thesleff, Professor, CEMS Academic Director
The language of instruction is English.
Scholarships and Tuition fees
The tuition fee is €15 000 per academic year for non-EU/EEA citizens.
Prospective students subject to tuition fees are eligible to apply for Aalto University Scholarship.
Structure of studies
The Global Management programme is organised by the School of Business and comprises a total of 120 ECTS credits. The two-year programme consists of:
- An area of specialisation with a Master’s thesis
- CEMS MIM studies conducted at Aalto University
- CEMS MIM studies conducted abroad at another top-ranked CEMS school during an exchange term
In order to obtain the CEMS MIM diploma, students need to also complete an international internship and fulfil the CEMS MIM language requirements.
At the beginning of their studies, students define their Personal Study Plans (PSP) together with an academic advisor. The primary purpose of PSP is to ensure that the studies support the student’s interests and are completed in a logical order.
Personal Study Plan (PSP)
Personal Study Plan (PSP) is a practical tool to define a student’s own study path, i.e. compiling an optimal selection of courses, aligned with the student's interests and programme requirements. PSP is also a useful tool for keeping up with studies. At best, it shows the stage at which students are with their studies and sets concrete milestones for them to follow.
Rasmus Öhman, Global Management student
The Global Management programme is a unique MSc that allows you to be part of the CEMS community at Aalto from day one of your studies.
Content of studies
The GM/CEMS programme is based on cutting-edge academic knowledge and practical real-life cases.
In Year 1, students complete a set of courses and carry out their Master’s thesis work in a chosen specialisation area in one of the following fields:
- Entrepreneurship and Innovation Management
- Management and International Business
Year 2 consists of CEMS MIM, which follows the common CEMS curricular content in place in all member schools. Students spend one semester at Aalto and the other abroad at another CEMS school. The CEMS MIM studies include:
- Exclusive curriculum elements in deep collaboration with CEMS Corporate and Social partners, such as Block Seminar, Business Project and the Global Strategy and Global Management Practices courses
- A wide selection of CEMS Electives from the rich Aalto course portfolio
- Unique Aalto CEMS courses to enhance communication and presentation skills to introduce students to consultancy work
- A Leadership and Self-development course that brings together the first year Global Management cohort and students in their CEMS MIM year
- CEMS Leadership and Self-development (3 ECTS)
- Capstone: CEMS Global Strategy (6 ECTS)
- Sustainable Entrepreneurship (6 ECTS)
- Corporate Financial Management (6 ECTS)
- Meet the Stage: Public Speaking and Interaction Skills (6 ECTS)
- User Inspired Design Knowing (6 ECTS)
Further study options
The programme grants eligibility for doctoral studies.
CEMS MIM is a truly global programme in which the 32 member schools select the best talent from around the world from diverse backgrounds. Completing an international internship, carrying out the CEMS exchange term and entering the global CEMS alumni network fundamentally equip students for future global career opportunities.
Aalto University is international by nature, welcoming thousands of degree and exchange students from abroad each year. These students join the diverse Aalto community not only through studies, but also multiple free time events, activities and celebrations around the campus. Programme administrators, active student tutors and student support services work rigorously to help international students integrate into the Nordic culture and feel at home in Finland.
CEMS studies bring together students from various backgrounds with diverse interests.
Aalto University is well-known for bridging disciplines of business, arts, technology and science. The lively campus and freedom of choosing elective courses across the University bring students from different fields under one roof. This spontaneous multidisciplinary environment sparks new ideas, gathers enthusiasts around them and gives birth to friendships, networks, and every so often, startups.
CEMS graduates are highly sought after by international companies: according to a 2017 graduate survey, 98 percent of CEMS graduates are employed within 3 months of graduation. Almost half of them work outside their home country and approximately 40 percent currently work for a CEMS Corporate Partner.
Aalto University has well-established career services through which you can get employed in Finland and abroad. Aalto students tend to find good positions with ease upon their graduation. An active entrepreneurship community is also present at Aalto, which can help as a springboard for founding your company. Finally, if an academic career is of interest, the Master’s programme in Global Management is a great foundation for doctoral studies and post-doc positions.
The admissions to Master's programmes at Aalto University in the field of Business and Economics are organised once a year. The application period for studies starting in autumn 2020 is from 2 December 2019 to 3 January 2020.
Here are the most important dates to remember:
- 2 December 2019 – Application period begins and online application system opens
- 3 January 2020 – Application period ends and the online application system closes
- 30 March 2020 – Admission results are published
- 28 April 2020 – Deadline for accepting the offered study place
Programme-specific Admission Requirements
In addition to these programme-specific admission requirements, applicants must also fulfill the general admission requirements.
Required previous studies
To be considered for admission the applicant must have completed at least 60 ECTS of business-related studies (corresponding to one year of full-time studies at university level).
Language 1: English
Proficiency in English is an eligibility requirement for the programme. Acceptable proof of proficiency:
- Bachelor’s or Master’s level university degree completed entirely in English (1) at an institution physically located in: USA, Canada, UK, Ireland, Australia or New Zealand; or (2) in a CEMS / Equis / AACSB accredited institution (e.g. Aalto)
- One of the following language tests (minimum score): IELTS (7.0; writing 5.5), TOEFL (iBT100, writing 22), CAE (B), CPE (C).
Language 2: One of the following languages: Arabic, Bengali, Cantonese, Czech, Danish, Dutch/Afrikaans, Farsi/Tajik, Finnish, French, German, Greek, Hebrew, Hindi/Urdu, Hungarian, Indonesian/Malay, Irish, Italian, Japanese, Korean, Mandarin, Norwegian, Polish, Portuguese, Romanian, Russian, Serbo-Croat (Bosnian, Croatian, Serbian, Montenegrin), Spanish, Swedish, Tagalog, Tamil, Thai, Turkish and Vietnamese.
- This requirement is fulfilled if your mother tongue is one of the listed languages. Proof for mother tongue, e.g. school certificate of primary/secondary education or certificates issued by official authorities, must be submitted with the application.
- Proficiency at B1/B2 CEFR-level in one of the listed languages. Proof must be submitted with the application.
The applicants that fulfill the above requirements of previous studies and languages are ranked according to the criteria below.
PHASE I: Application documents
Admissions group 1
GPA of previous degree and assessment of overall study success. Applicants with a weighted GPA of previous degree lower than 3.50 (Finnish ECTS evaluation) are not eligible for admission.
Admissions group 2:
Applicants must demonstrate good academic performance.
To demonstrate their motivation for studies in the programme the applicants are required to make a max. 2-minute video in English on the topic: ‘How will the Global Management programme together with CEMS MIM help me towards my professional goals?’, further divided into three questions:
- Why am I applying to this programme?
- Why would specifically the Global Management programme together with CEMS MIM advance my career?
- Why should I be selected?
The comprehensive CV evaluation takes into account relevant education, work experience, and extracurricular activities, as well as international orientation as demonstrated by e.g. work, studies, or extracurricular activities abroad, participation in various international or inter-cultural activities in home country, and knowledge of and interest in learning foreign languages.
Work experience in the CV must be documented by enclosing corresponding work/internship certificates. English translations of these are not required.
GMAT or GRE is obligatory in admission group 2 (minimum score 600 in GMAT or equivalent GRE score).
In order to select the Finance focus area within the Global Management programme, GMAT/GRE with a minimum score of 650 is required from both admission group 1 and admission group 2 applicants.
PHASE II: Interview and further assessment
Based on the evaluation in phase I, the best applicants are allotted a time for a Skype interview and further assessment, including a short oral presentation on a pre-assigned topic. The interview and assessment time given to each applicant is non-negotiable.
The selection of applicants into the programme is based on phases I and II described above. In the case of a tie, phase II scores are used as the basis for evaluation.
In case of programme-specific questions and inquiries, please contact CEMS Programme Managers Liisa Kotilainen and Arja Sahlberg, or CEMS Academic Director Rita Järventie-Thesleff:
- Liisa Kotilainen, [email protected], +358 40 353 8166
- Arja Sahlberg, [email protected], +358 40 353 8165
- Rita Järventie-Thesleff, [email protected], +358 50 348 2051
If you have open questions about the admissions and applying instructions, you can reach out to [email protected].
You can read more about the programme on the CEMS website.
Get to know us
A parkland-style campus established in the 1950s forms the core of Otaniemi. The overall vision of the campus was that of Alvar Aalto, and its individual buildings were designed by Aalto and other celebrated Finnish architects such as Reima and Raili Pietilä and Heikki and Kaija Sirén.
Finland’s excellent reputation in education, combined with a wide range of courses offered in English, makes Finland an attractive study destination for international students. Boasting the largest technology hub of the Nordic countries, Finland is a world leader in information technology, business, design and many other academically centred fields.