Master of Science - Accounting
Aalto University’s Master of Science in Accounting program is de...
MSc in Economics and Business Administration - People Management and Organizational Development
Aalto
INTAKE: August
Program Overview
The MSc in Economics and Business Administration - People Management and Organizational Development program at Aalto University is designed for students who are interested in human resources, organizational behavior, and leadership. This program combines theory and practical application to equip students with the knowledge and skills required to manage people effectively and drive organizational change. It focuses on developing leadership capabilities, understanding employee dynamics, and implementing strategies for organizational growth. Graduates are prepared to take on managerial roles in diverse sectors, including business, government, and non-profit organizations, with a strong emphasis on fostering productive workplace cultures and managing talent.
Curriculum: The curriculum of the MSc in Economics and Business Administration - People Management and Organizational Development program at Aalto University is structured to provide students with both academic and practical knowledge in management, leadership, and organizational development. Core courses cover key topics such as human resource management, organizational behavior, leadership theories, and strategic management. Additionally, students can choose from elective courses in areas like change management, labor law, and negotiation, allowing them to tailor their studies to their specific interests. The program includes a master’s thesis, which allows students to apply theoretical concepts to real-world issues, often in collaboration with organizations or businesses. Through case studies, group projects, and internships, students gain hands-on experience that enhances their problem-solving and leadership abilities.
Research Focus: The research focus of the MSc in Economics and Business Administration - People Management and Organizational Development program at Aalto University is centered around understanding the dynamics of human behavior in organizations, leadership, and the development of effective people management strategies. The program encourages students to explore contemporary topics such as organizational culture, employee motivation, talent management, and innovation in HR practices. Research within the program is multidisciplinary, drawing from areas of economics, psychology, sociology, and management. Students are encouraged to engage in academic research and contribute to the development of new theories and practices in organizational development and people management.
Industry Engagement: Aalto University emphasizes strong industry engagement throughout the MSc in Economics and Business Administration - People Management and Organizational Development program. The university collaborates closely with a wide range of businesses, organizations, and governmental bodies. This collaboration provides students with opportunities to participate in internships, projects, and research that are aligned with real-world challenges. Industry experts are frequently invited to give guest lectures and participate in panel discussions, providing students with valuable insights into the latest trends in people management and organizational development. Additionally, Aalto University’s extensive network of alumni and business partners facilitates valuable connections for students, enhancing their career prospects and offering opportunities for mentorship and internships.
Global Perspective: The MSc in Economics and Business Administration - People Management and Organizational Development program at Aalto University takes a global approach to education. The program attracts students from various cultural backgrounds, fostering a diverse learning environment that enriches discussions and broadens perspectives. Courses are taught in English, making them accessible to international students. Aalto University is known for its strong international reputation, and students have opportunities to engage in exchange programs with partner universities around the world. The global perspective is integrated into the curriculum, with case studies and examples from international companies, as well as a focus on global leadership and cross-cultural management. This international exposure prepares students to navigate the challenges of managing people in a globalized business world.
Location
Aalto
Score
Tuition Fee
€ 15000
Postgraduate Entry Requirements
Application Fee: €100
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.
Standardized Test Requirements:
- Graduate Record Examinations (GRE): Overall score of 315 or higher is required.
- Graduate Management Admission Test (GMAT): Overall score of 600 or higher is required.
Aalto University in Finland offers a variety of scholarships to support international students who wish to study at one of the leading universities in Europe. These scholarships are designed to alleviate the financial burden of tuition fees and help students focus on their studies while living in Finland.
Aalto University Tuition Fee Scholarships: Aalto University offers scholarships specifically for international students who are required to pay tuition fees. The scholarships cover either partial or full tuition fees for master’s degree students from non-EU/EEA countries. The scholarship amounts range from 50% to 100% of the tuition fee, depending on the applicant’s academic achievements. Scholarships are awarded based on the strength of the application and the applicant’s academic background.
Aalto University Scholarship for Living Expenses: While the primary focus of the scholarship program is to assist with tuition fees, some additional financial support is available for students to help cover living expenses. These scholarships are typically awarded to students who already receive a tuition fee scholarship but need further assistance to cover their living costs.
Graduates of the MSc in Economics and Business Administration - People Management and Organizational Development program from Aalto University are well-equipped for a wide range of career opportunities in human resource management, organizational development, and leadership. With a focus on people, leadership, and organizational strategies, graduates can pursue careers across various sectors, including business, government, healthcare, non-profit organizations, and consulting.
Human Resources Manager/Director: Graduates can take on leadership roles within HR departments, overseeing the development and implementation of HR strategies. Responsibilities include talent acquisition, employee development, performance management, and ensuring organizational effectiveness through effective people management.
Organizational Development Consultant: Professionals in this role work with organizations to assess and improve their structures, processes, and cultures. They focus on aligning organizations with business goals through interventions that enhance efficiency, employee satisfaction, and overall organizational health.
Talent Management Specialist: Talent management specialists are responsible for identifying and developing top talent within organizations. They design and implement talent development programs, succession planning, and strategies to retain skilled employees while fostering a culture of growth.
Learning and Development Manager: Graduates can manage or oversee training and professional development programs within organizations. They design training materials, facilitate learning experiences, and evaluate the effectiveness of these programs to improve employee skills and productivity.
Employee Relations Manager: In this role, graduates ensure that employees have a positive experience within the organization, addressing issues related to workplace relations, conflict resolution, and labor laws. They also work on initiatives to improve employee satisfaction and engagement.
Leadership Development Specialist: Professionals in this field design and implement programs to develop leadership capabilities within organizations. They may focus on executive coaching, leadership training, and performance management to cultivate effective leaders at all levels of the organization.
Change Management Consultant: Change management consultants guide organizations through transitions, helping them adapt to new strategies, technologies, or structures. They provide expertise on managing employee resistance and ensuring that organizational changes are implemented smoothly and effectively.
Diversity and Inclusion Manager: With a focus on fostering inclusive work environments, graduates can pursue roles in diversity and inclusion. These professionals are responsible for developing and implementing initiatives that promote a diverse and inclusive workplace culture.
HR Business Partner: As HR business partners, graduates collaborate with business leaders to develop and execute human resource strategies that align with organizational goals. They serve as strategic advisors, offering insights on people-related issues to drive business performance.
Corporate Social Responsibility (CSR) Manager: Graduates can work in CSR departments, focusing on building sustainable and ethical business practices. They design programs that benefit the community, promote corporate responsibility, and enhance the company’s reputation.
Management Consultant: Graduates can work as management consultants, providing expert advice to organizations on improving their operations, human resource practices, and organizational structures. Consultants help businesses optimize their people management strategies and achieve long-term success.
Business Psychologist: Graduates with an interest in psychology may pursue careers as business psychologists, applying psychological principles to enhance workplace productivity, employee well-being, and organizational effectiveness. They may focus on assessments, team dynamics, and employee behavior.
Entrepreneurship: Some graduates may choose to start their own consulting firms, providing services in areas such as organizational development, leadership coaching, HR consulting, or change management. This path allows for flexibility and the opportunity to work with a variety of clients.
