MBA in Finland for Indian Students - Universities, Colleges, Fees 2025, Deadlines
MBA in Finland for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Finland is becoming a popular destination for international students to study-abroad. It is home to top universities for MBA programs. As per the Shiksha Popularity Rankings 2025, some top B-schools in Finland include the University of Helsinki, Aalto University, University of Turku, Lappeenranta University of Technology, University of Eastern Finland, University of Vaasa, and more.
All aspiring candidates must appear for English proficiency exams like IELTS/TOEFL/PTE/Duolingo English Test and other entrance exams such as GRE and GMAT.
As per the Government of India, more than 2,600 Indian students are currently pursuing their higher education in Finland. Among others, Engineering, Business & Management, Computer Science & IT, Health Sciences, Education, Arts & Culture are some of the best courses to study in Finland. For Indian students seeking jobs in Finland post-MBA, the top indust
Finland is becoming a popular destination for international students to study-abroad. It is home to top universities for MBA programs. As per the Shiksha Popularity Rankings 2025, some top B-schools in Finland include the University of Helsinki, Aalto University, University of Turku, Lappeenranta University of Technology, University of Eastern Finland, University of Vaasa, and more.
All aspiring candidates must appear for English proficiency exams like IELTS/TOEFL/PTE/Duolingo English Test and other entrance exams such as GRE and GMAT.
As per the Government of India, more than 2,600 Indian students are currently pursuing their higher education in Finland. Among others, Engineering, Business & Management, Computer Science & IT, Health Sciences, Education, Arts & Culture are some of the best courses to study in Finland. For Indian students seeking jobs in Finland post-MBA, the top industries include Finance & Insurance, Electronics, Machinery, Information & Communication Technology, Forestry, Chemical Industry, Transportation, etc.
MBA in Finland: Highlights 2025
Usually, the duration of pursuing an MBA in Finland ranges between 1 - 2 years. Students can apply for admissions during two major intake seasons, namely Autumn (Sep) intake and Spring (Jan) intake. Here are some of the other key highlights about pursuing an MBA degree in Finland for Indian students.
| Parameters |
Validation |
|---|---|
| Number of MBA Universities in Finland |
Over 30 |
| Annual Tuition Cost of MBA Courses in Finland |
INR 9 L - 28 L |
| Specializations |
Finance, Marketing, Investment Management, International Business, Technology & Innovation, Sustainable Business, Human Resource Management, Healthcare & Pharmaceutical Management |
| Entrance Exams Required |
GRE and GMAT |
| English Proficiency Exams Required |
IELTS/TOEFL/PTE/Duolingo English Test |
| Work Permit |
A residence permit is required for employment |
MBA in Finland: Rankings
Shiksha Popularity Ranking is a ranking system that simplifies the journey of choosing the best university for studying abroad. It aggregates the ranks of some of the top-ranking bodies with a clear number nationally, both at the university and course levels.
Mentioned below is the list of top MBA universities in Finland, as mentioned in the prominent ranking body:
| University |
Shiksha Popularity Rankings |
|---|---|
| University of Helsinki | #1 in Finland | #73 in the World |
| Aalto University | #2 in Finland | #123 in the World |
| University of Turku | #3 in Finland | #215 in the World |
| Lappeenranta University of Technology | #5 in Finland | #410 in the World |
| University of Eastern Finland | #6 in Finland | #272 in the World |
| University of Vaasa | #8 in Finland | #587 in the World |
MBA in Finland: Admission Requirements
For admission to MBA programs in Finland, the exact entry requirements vary based on the choice of university. Below are general admission requirements:
- A completed bachelor's degree from a recognised institution;
- Official academic transcripts;
- Proof of English language proficiency;
- Relevant full-time work experience (2 - 5 years);
- GMAT score of 600 or above;
- Statement of purpose (SOP);
- Letters of recommendation (LORs);
- A resume/CV;
- A copy of the passport and other ID;
- Bank statements;
- Passport-sized photos; and
- Other university-specific requirements.
Check out the table below to have a general idea of the eligibility requirements to study at the best universities for MBA in Finland:
| University |
IELTS Score Requirements |
GMAT Score Requirements |
|---|---|---|
| University of Helsinki | A minimum overall score of 6.5 (with a minimum of 6.0 in the writing section) |
Online/10th Edition: 600 or higher Focus Edition: 555 or higher |
| Aalto University | Online/10th Edition: 550 - 600 or higher Focus Edition: 515 - 595 or higher |
|
| University of Turku | No specific scores |
|
| Lappeenranta University of Technology | A minimum overall score of 6.5 |
Overall score of 550 (with a Verbal Reasoning score of 152, a Quantitative Reasoning score of 152, and an Analytical Writing score of 3.0) |
| University of Eastern Finland | A minimum overall score of 6.5 (with a minimum of 5.5 in the writing section) |
Overall score of 595 |
| University of Vaasa | Does not mandate GMAT scores |
MBA in Finland: Scholarships Offered
Opting to study abroad is a major step that student take for their career and managing the expenses, including the tuition fee and living costs, which play a deciding factor in this decision. Here is where scholarships come in and help students study in their dream college by cutting down a portion of their expenses. Here are some scholarships offered by the top universities in Finland that are available for international students:
- Narotam Sekhsaria’s Scholarships
- Hani Zeini Scholarship
- Unimoni Student Stars
- Erasmus Mundus Joint Master's Scholarships
- C. Mahindra Scholarships for Post-Graduate Studies Abroad
Acceptance Rate in Top-Ranked Universities for MBA in Finland
Acceptance rate and academics play a very crucial role when it comes to university admissions, and applicants must keep them in mind before applying to a university.
Mentioned below are the acceptance rates of top MBA universities in Finland:
| University |
Acceptance Rate |
|---|---|
| University of Helsinki | 17% |
| Aalto University | 18 - 20% |
| University of Turku | 10 - 20% |
| Lappeenranta University of Technology | 15% |
| University of Eastern Finland | 21% |
| University of Vaasa | 20% |
Is Studying MBA in Finland Expensive?
According to the table listed below, the average annual tuition fee for pursuing an MBA in Finland is around INR 9 L - 28 L. Hence, this makes it moderately expensive to study MBA courses in Finland. Refer to the table below for the annual tuition cost required in the top B-schools in Finland:
| University |
Annual Tuition Cost |
|---|---|
| University of Helsinki | INR 17 L |
| Aalto University | INR 14 L - 16 L |
| University of Turku | INR 10 L |
| Lappeenranta University of Technology | INR 13 L |
| University of Eastern Finland | INR 10 L |
| University of Vaasa | INR 13 L |
| Hanken School of Economics | INR 14 L |
| Haaga-Helia University of Applied Sciences | INR 0 - 10 L |
| Helsinki School of Business | INR 28 L |
| Arcada University of Applied Sciences | INR 11 L |
| LAB University of Applied Sciences | INR 9 L |
| Hame University of Applied Sciences | INR 9 L |
| Hanken School of Economics | INR 14 L |
Salaries of Graduates from Best MBA Universities in Finland
Return on Investment for a university is decided by the salary a graduate can expect to earn after graduation. The salary that is expected by a graduate associate all the costs such as attending college, living expenses, and foregone earnings. Mentioned below are the average placement salaries offered to students at the top universities for an MBA in Finland:
| University |
Average Annual Salary |
|---|---|
| University of Helsinki | INR 58.5 L |
| Aalto University | INR 87.7 L |
| University of Turku | INR 58.5 L |
| University of Vaasa | INR 46.8 L |
(1 EUR = INR 97.51)
Comparing the Best MBA Universities in Finland
Check out a comprehensive comparison of the top MBA universities in Finland:
| University |
Shiksha Popularity Rankings |
Estimated Salary Per Year |
Acceptance Rate |
|---|---|---|---|
| University of Helsinki | #1 in Finland | #73 in the World |
INR 58.5L |
17% |
| Aalto University | #2 in Finland | #123 in the World |
INR 87.7L |
18 - 20% |
| University of Turku | #3 in Finland | #215 in the World |
INR 58.5L |
10 - 20% |
| Lappeenranta University of Technology | #5 in Finland | #410 in the World |
- |
15% |
| University of Eastern Finland | #6 in Finland | #272 in the World |
- |
21% |
| University of Vaasa | #8 in Finland | #587 in the World |
INR 46.8L |
20% |
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MBA in Finland for Indian Students - Universities, Colleges, Fees 2025, Deadlines
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Commonly asked questions On MBA in Finland for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Pursuing MBA in Finland is moderately expensive, with annual tuition fee as low as INR 9 L. On average, the annual cost ranges between INR 9 L - INR 28 L. Check out the table below for the annual tuition cost required in the top B-schools in Finland:
University | Annual Tuition Cost |
|---|---|
| University of Helsinki | INR 17 L |
| Aalto University | INR 14 L - 16 L |
| University of Turku | INR 10 L |
| Lappeenranta University of Technology | INR 13 L |
| Hame of Eastern Finland | INR 10 L |
| University of Vaasa | INR 13 L |
| Hanken School of Economics | INR 14 L |
| Haaga-Helia University of Applied Sciences | INR 0 - 10 L |
| University School of Business | INR 28 L |
| Arcada University of Applied Sciences | INR 11 L |
| Hame University of Applied Sciences | INR 9 L |
| Hame University of Applied Sciences | INR 9 L |
| Hanken School of Economics | INR 14 L |
Indian students seeking an MBA from Finland, must satisfy the eligibility requirements gioven below:
- A completed bachelor's degree from a recognised institution;
- Official academic transcripts
- Proof of English language proficiency;
- Relevant full-time work experience (2 - 5 years);
- GMAT score of 600 or above;
- Statement of purpose (SOP);
- Letters of recommendation (LORs);
- A resume/CV;
- A copy of the passport and other ID;
- Bank statements;
- Passport-sized photos; and
- Other university-specific requirements.
Yes, fulfilling the English language requirement is one of the major admission requirements for MBA in Finland. Universities in Finland accepts IELTS exam scores as a proof of proficiency in the English language and students can refer to the table below for minimum score details:
University | Minimum IELTS Score Requirements |
|---|---|
| University of Helsinki | A minimum overall score of 6.5 (with a minimum of 6.0 in the writing section) |
| Aalto University | |
| University of Turku | |
| Lappeenranta University of Technology | A minimum overall score of 6.5 |
| University of Eastern Finland | A minimum overall score of 6.5 (with a minimum of 5.5 in the writing section) |
Post-graduation from a top MBA university in Finland, graduates secure impressive job opportunities in global companies. Mentioned below are the average placement salaries offered to students at the top universities for an MBA in Finland:
University | Average Annual Salary |
|---|---|
| University of Helsinki | EUR 60,000 (INR 58.5 L) |
| Aalto University | EUR 90,000 INR 87.7 L |
| University of Turku | EUR 60,000 (INR 58.5 L) |
| University of Vaasa | EUR 48,000 (INR 46.8 L) |
Conversion Rate: 1 EUR = INR 97.51
Some of the top universities for MBA in Finland according to the Shiksha Popularity Rankings are as follows:
- University of Helsinki- #1 in Finland, #73 in the World
- Aalto University- #2 in Finland, #123 in the World
- University of Turku- #3 in Finland, #215 in the World
- Lappeenranta University of Technology- #5 in Finland, #410 in the World
- University of Eastern Finland- #6 in Finland, #272 in the World
- University of Vaasa- #8 in Finland, #587 in the World
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