Masters in Strategic Business Development
Vaasa
INTAKE: August
Program Overview
The Master's in Strategic Business Development at the University of Vaasa is designed for students who wish to become future leaders in the business world. This program equips students with the knowledge and skills necessary to tackle complex business challenges in dynamic and global markets. Students will gain deep insights into strategic management, innovation, and the development of competitive business strategies. The program prepares graduates for careers in strategic roles within multinational corporations, consultancy firms, or as entrepreneurs.
Curriculum: The curriculum of the Master's in Strategic Business Development combines both theoretical and practical knowledge in business strategy. The first phase of the program focuses on building a solid foundation in business management, strategic analysis, and decision-making. Core courses cover areas like strategic management, global business strategies, entrepreneurship, and innovation management. Students will also engage in various case studies and project-based learning, offering real-world perspectives. The second phase emphasizes the development of strategic thinking and includes a Master’s thesis, where students have the opportunity to apply their learning to real business issues.
Research Focus: Research in the Master’s in Strategic Business Development program at the University of Vaasa is focused on strategy formulation, business model innovation, and entrepreneurial leadership. The faculty encourages research that explores how companies can stay competitive in fast-evolving global markets, adapt to digital transformation, and foster sustainable business practices. There is a strong emphasis on interdisciplinary research, and students often work alongside faculty on projects related to the future of work, organizational agility, and global business strategies.
Industry Engagement: The University of Vaasa places a strong emphasis on industry engagement, offering students opportunities to connect with leading businesses through internships, networking events, and collaborative projects. The university has established partnerships with numerous multinational companies, which facilitates hands-on learning and practical experience. These engagements allow students to apply their academic knowledge to real-life business challenges and gain insight into the strategic needs of industry leaders. Moreover, students have access to a variety of business experts, mentors, and entrepreneurs through the university’s Vaasa Innovation Centre, promoting a culture of innovation and entrepreneurship.
Global Perspective: A global perspective is embedded throughout the Master’s in Strategic Business Development program. The university attracts students from all over the world, and the curriculum includes case studies, projects, and opportunities that reflect international business challenges. Students will gain insights into global business practices, cross-cultural communication, and the management of multinational teams. Additionally, exchange programs and partnerships with universities around the world provide students with opportunities to study abroad and enhance their global network. This international exposure ensures that graduates are equipped to operate in diverse business environments.
Location
Vaasa
Score
Tuition Fee
€ 14000
Postgraduate Entry Requirements
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 60% or above in their bachelor's degree.
English Language Proficiency:
- English language test waiver is applicable if the Bachelor's, Master's, Licentiate, or Doctoral degree is in English language.
The University of Vaasa offers various scholarships for international students to support their studies and make higher education more accessible. These scholarships are designed to assist students with their tuition fees, living expenses, and other academic costs.
Tuition Fee Waivers for Non-EU/EEA Students: International students from outside the EU/EEA are required to pay tuition fees for degree programs taught in English. To assist these students, the University of Vaasa offers a range of tuition fee waivers. These waivers can cover part or all of the tuition fees, depending on the scholarship’s criteria. The scholarships are competitive, and students are selected based on their academic performance and potential to contribute to the university community.
University of Vaasa Scholarship Scheme: The University of Vaasa provides a specific scholarship scheme for non-EU/EEA students. The scholarships are typically awarded based on merit and are designed to attract talented students to the university. Successful applicants can receive scholarships that cover either 50% or 100% of their tuition fees for the duration of their studies. To be eligible, students must apply for a degree program and submit a scholarship application as part of the admission process.
Master’s Program Scholarships: For students applying to Master’s degree programs, the University of Vaasa offers a special scholarship opportunity. Scholarships are available for both EU/EEA and non-EU/EEA students, although the criteria differ. Non-EU/EEA students can apply for full or partial tuition fee waivers, while EU/EEA students may have access to other funding opportunities. The scholarships are intended to reward academic excellence and provide financial relief to those in need.
External Scholarships and Funding: In addition to the university’s own scholarship programs, international students at the University of Vaasa can also explore external scholarship opportunities. Finland offers various government-funded scholarships for international students, and other private organizations may offer financial support. The University of Vaasa’s International Office provides guidance and assistance in identifying and applying for external scholarships to help students with their funding needs.
Graduates of the Master’s in Strategic Business Development program at the University of Vaasa are well-equipped to pursue a variety of career paths in both national and international business environments. The program focuses on developing strategic thinkers who can lead and manage organizations effectively.
Business Strategy Consultant: Graduates can work as consultants advising organizations on strategic direction, market positioning, and innovation. This role often involves analyzing market trends, identifying growth opportunities, and developing long-term business strategies.
Corporate Strategist: As corporate strategists, graduates can work within companies to guide their overall strategy, ensuring alignment with business goals and adapting to changing market conditions. This role often involves working closely with executive leadership to shape the company's future.
Entrepreneur: The program also fosters entrepreneurial skills, preparing graduates to start their own businesses or manage entrepreneurial ventures. The knowledge gained in innovation, strategic business development, and market dynamics supports this career option.
Business Development Manager: Graduates can assume roles focused on identifying new business opportunities, managing relationships with key stakeholders, and driving the growth of a company. This position requires strong leadership, negotiation, and project management skills.
International Business Manager: Given the global nature of the program, many graduates go on to manage international business operations or work with multinational corporations. This involves overseeing global expansion efforts, cross-cultural team management, and adapting business strategies to international markets.
Supply Chain Strategist: In industries with complex supply chains, graduates can help organizations optimize their operations, reduce costs, and improve efficiencies by developing effective supply chain strategies that align with the overall business goals.
Innovation Manager: Graduates can work in roles dedicated to managing and fostering innovation within organizations. This involves working with R&D teams, setting up processes to nurture new ideas, and ensuring that the company stays competitive in its industry.
General Manager: With a broad understanding of business strategy and operations, graduates may step into general management roles, overseeing multiple departments and ensuring that business strategies are successfully implemented across the organization.
