Master of Science - Accounting
Aalto University’s Master of Science in Accounting program is de...
Bachelor of Science - Economics
Aalto
INTAKE: August
Program Overview
The Bachelor of Science in Economics program at Aalto University offers students a comprehensive and interdisciplinary education that equips them with the skills needed to understand and analyze economic issues in a globalized world. This program combines theoretical foundations with practical problem-solving approaches to prepare graduates for diverse careers in business, government, finance, and academia. The program emphasizes critical thinking, quantitative analysis, and decision-making, ensuring that students are well-prepared to tackle complex economic challenges. Aalto University’s innovative approach integrates economics with other fields, such as business administration, finance, and public policy, offering students a holistic perspective on economic systems and their real-world applications.
Curriculum: The Bachelor of Science in Economics curriculum is designed to provide a strong foundation in both microeconomics and macroeconomics, alongside essential skills in mathematics, statistics, and econometrics. In the first year, students take core courses in economic theory, economic mathematics, and data analysis, laying the groundwork for advanced studies. As students progress through the program, they dive deeper into specialized topics such as market structures, international trade, monetary policy, labor economics, and behavioral economics. The curriculum also includes courses in business and finance, giving students the opportunity to understand the intersection between economics and business decision-making. Furthermore, students can tailor their studies by selecting electives in areas such as development economics, environmental economics, or econometrics. The program's focus on practical skills is enhanced by opportunities for hands-on learning through case studies, group projects, and internships, allowing students to apply their knowledge to real-world economic problems.
Research Focus: Aalto University is known for its strong research profile in economics, and the Bachelor of Science in Economics program benefits from this reputation. The university focuses on both theoretical and applied research in economics, with a particular emphasis on contemporary economic issues such as globalization, digital transformation, sustainability, and inequality. Research at Aalto is interdisciplinary, with collaborations between the economics department and other fields such as business, technology, and engineering. This research-driven approach gives students the opportunity to engage with cutting-edge economic theories and empirical studies. Moreover, students can participate in research projects as part of their studies, helping them develop strong research skills and gain insights into the economic challenges faced by different industries and societies. Aalto’s commitment to high-impact research ensures that students are exposed to the latest developments in economics and can contribute to the advancement of economic knowledge.
Industry Engagement: Industry engagement is a key component of the Bachelor of Science in Economics program at Aalto University. The university has strong ties with various industries, financial institutions, government agencies, and international organizations, providing students with ample opportunities for internships, collaborative research, and networking. Students can gain practical experience by working on projects with real-world companies, allowing them to apply theoretical concepts to solve industry-specific problems. Aalto’s connections with global corporations, banks, and consulting firms also provide students with exposure to diverse career paths in economics. Furthermore, the university’s focus on entrepreneurship encourages students to explore how economic principles can be used to develop innovative business solutions. Through guest lectures, industry events, and mentorship programs, students have opportunities to engage with professionals in the field, learn from their experiences, and build a strong professional network.
Global Perspective: The Bachelor of Science in Economics program at Aalto University places a strong emphasis on providing students with a global perspective. Economics is inherently a global field, and Aalto recognizes the importance of understanding international markets, economic policies, and global economic trends. The curriculum includes courses on international trade, global finance, and development economics, giving students the tools to analyze the interconnectedness of global economies. Additionally, Aalto University’s international network of partner universities and research institutions provides students with opportunities to study abroad, engage in exchange programs, and participate in global research projects. Aalto’s diverse student body also enriches the learning environment, allowing students to interact with peers from different countries and cultures. This global perspective prepares graduates to work in international organizations, multinational corporations, and public institutions, where they can apply their knowledge to address global economic challenges.
Location
Aalto
Score
Tuition Fee
€ 12000
Undergraduate Entry Requirements
Application Fee: €100
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 60% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS/TOEFL can be waived off. SAT is a mandatory requirement.
Standardized Test Requirements:
- Scholastic Assessment Test (SAT): Overall score of 1200 or higher.
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 Bachelor of Science in Economics program at Aalto University are well-equipped to pursue a variety of career paths in both the private and public sectors. The program’s comprehensive curriculum, combining economic theory with practical skills, enables students to tackle complex economic challenges in diverse industries.
Economist: One of the most common career paths for graduates is working as an economist in private, public, or international organizations. Economists analyze economic trends, forecast economic conditions, and provide data-driven insights to inform policy-making, business decisions, and market strategies. They work in research institutions, government agencies, consulting firms, and multinational corporations.
Financial Analyst: Graduates with a focus on financial economics can pursue careers as financial analysts. They analyze financial data, assess investment opportunities, and help companies make informed decisions on budgeting, risk management, and strategic investments. Financial analysts typically work in banks, investment firms, insurance companies, and corporate finance departments.
Market Research Analyst: A market research analyst studies market conditions, consumer behavior, and competitive dynamics to help businesses make data-driven decisions. Graduates with strong quantitative and analytical skills can work in market research firms, advertising agencies, or within the marketing departments of large corporations, where they provide insights into consumer trends and business opportunities.
Policy Advisor/Analyst: Graduates of the Bachelor of Science in Economics program can work as policy advisors or analysts in government agencies, think tanks, or international organizations. They use economic data and models to evaluate public policies, suggest improvements, and assess their potential impact on social, economic, and environmental outcomes.
Economic Consultant: Economic consultants provide expert advice to businesses, governments, and non-profit organizations on a range of economic issues. They may work for consulting firms or as independent consultants, analyzing market trends, economic data, and business environments to guide decision-making, risk assessment, and strategy development.
Data Analyst/Statistician: With the strong quantitative background provided by the program, graduates can pursue careers as data analysts or statisticians. These professionals analyze large datasets to uncover trends, patterns, and insights that can inform business strategies, policy-making, and academic research. Data analysts work in sectors such as healthcare, finance, technology, and government.
Investment Banker: Investment banking is another potential career option for economics graduates. Investment bankers provide services related to mergers and acquisitions, capital raising, and financial restructuring. They assist companies in navigating financial markets, structuring deals, and raising funds. Investment banking typically involves working in large financial institutions and requires strong analytical and financial skills.
Economic Researcher: For those interested in academic or specialized research, becoming an economic researcher is a viable career option. Researchers conduct studies on various aspects of economics, from macroeconomic policy to microeconomic behavior. They may work in academic institutions, government research bodies, or private research organizations, contributing to the development of new economic models, theories, and policies.
Supply Chain Analyst: Graduates with an interest in operations and logistics can pursue a career as a supply chain analyst. In this role, they analyze and optimize supply chain processes, helping businesses reduce costs, increase efficiency, and improve product delivery timelines. Supply chain analysts are in demand in industries such as manufacturing, retail, and e-commerce.
Human Resources (HR) Specialist: Graduates can also consider careers in human resources, particularly in HR roles that focus on compensation, benefits, and workforce analytics. They use economic principles to assess salary structures, labor market trends, and employee productivity, helping companies make strategic HR decisions.
Corporate Social Responsibility (CSR) Manager: For those interested in sustainability and corporate governance, a career as a CSR manager might be appealing. These professionals work with companies to develop and implement strategies that align business operations with ethical practices and social responsibility, while balancing economic growth with environmental and social concerns.
Entrepreneur: A number of graduates choose to start their own businesses, using their economic knowledge to identify market opportunities, develop business models, and create profitable ventures. Entrepreneurship in areas like tech startups, consulting services, or even social enterprises can provide opportunities for innovation and leadership.
International Trade Specialist: Graduates with an interest in global markets can pursue careers as international trade specialists, advising companies and governments on trade agreements, export strategies, and global market dynamics. These professionals help businesses navigate international regulations, tariffs, and cultural differences, ensuring successful international operations.
Risk Manager: In the financial and corporate sectors, risk management is a critical function. Economics graduates with strong analytical and quantitative skills can pursue careers as risk managers, helping businesses identify potential risks—whether financial, operational, or market-related—and implement strategies to mitigate them.
Teaching and Academia: Some graduates may choose to further their studies and pursue careers in academia, teaching economics at the university level. Professors and lecturers conduct research, publish papers, and educate future generations of economists and business professionals.
