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Master's Degree Programme in International Business (MIB)

University of Vaasa
2 years
Full time
Master's degree
Fall 2020
Application deadline: 24 January 2020
12,000 EUR
University of Vaasa

Program description

Master’s Programme in International Business (MIB)

The Master’s Degree Programme in International Business is your gateway to a global career. The international EPAS accreditation marks the quality of our business programme.

People working in international positions need a wide range of competences. We offer you possibility to develop your knowledge in three key areas of international business: international strategic management, international marketing management, and international human resource management.

The Master's Degree Programme in International Business is one of a very few in Finland and one among less than 100 programmes worldwide that has international EPAS accreditation. EPAS accreditation is a worldwide quality label for degree programmes in the field of business studies. In the EPAS accreditation process the quality of education, international aspects and corporate interaction are emphasized.

Admission requirements

General requirements

The eligibility for studies in the Master's programmes is evaluated on the basis of your previous education. According to the Universities Act (558/2009), section 37, eligible for studies leading only to a higher university degree shall be a person who has:

  • an applicable lower university degree;
  • an applicable polytechnic degree; or
  • an applicable education completed abroad which in the awarding country gives eligibility for corresponding higher education.

Programme requirements

Students are eligible for admission to the two-year Master’s Degree Programme in International Business (MIB programme) if they have completed a Bachelor’s degree in an appropriate field. The MIB programme is open both for international and Finnish applicants. The programme leads to a Master of Science degree in Economics and Business Administration. Approximately 35 students are accepted to the programme each year.


To be considered for admission to the programme, the applicant must fulfil the following criteria:

  • Scope of the degree: 3- or 4-year Bachelor degree at university or polytechnic level
  • Prior studies at Bachelor level or higher in the core areas of the programme

For the MIB programme these areas are: international business, marketing, and management and organisation

  • Applicant’s performance (i.e. GPA) in previous studies, including the thesis or final report (i.e. the final assignment students must complete in circumstances where a thesis is not used)

The overall grade (GPA) and the grade of the thesis for a Bachelor’s degree from a university should be at least ‘good’ 3/5 (ECTS grading), or equivalent in the systems not using the ECTS.

The overall grade (GPA) and the grade of the thesis or final report for a Bachelor’s degree from a polytechnic or university of applied sciences should be at least ‘good’ 3/5 (ECTS grading).

  • English language proficiency as instructed in admission criteria


Applications that satisfy the above eligibility criteria will be put through a subsequent evaluation process that will determine which applicants are selected for admission to the programme. The criteria used in the selection process are listed below in order of importance. The selection process uses an objective system of points for the evaluation of candidates (in total 45 points). The weight of each of the criteria is following:

  • Applicant's amount of relevant prior studies and the performance in these (including the thesis or final work) (25 points)
  • Applicant's amount of international experience (work and/or study) (5 points)
  • Applicant's amount of work experience in areas relevant to the programme (5 points)
  • Applicant's motivation (10 points)

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Program content

Year 1

Compulsory studies

  • Internationalization Strategies of the Firm
  • Sustainability and International Business Ethics
  • Searching for Scientific Information
  • International Strategic Management
  • International HRM
  • International Business Negotiations
  • Global Marketing Management
  • Leadership
  • Cross-Cultural Marketing Communications
  • Academic Writing in Eng. I
  • Finnish for Foreigners I 
  • Research Methodologies; Academic Writing in Eng. II 
  • Searching for Scientific Information II
  • Competency Development

Optional studies

  • Excursion
  • Internship IIa 

Year 2

Compulsory studies

  • Competency Development Master’s Thesis

Optional Studies

  • Export Marketing
  • International Management
  • Corporate Finance
  • Managing International Business Networks
  • International Growth through Sustainable Entrepreneurship
  • Cross-Cultural Management
  • International Business Operation Modes
  • Philosophy of Science
  • Global Sourcing & Procurement
  • Marketing Strategies & Management in CEE
  • Doing Business in Emerging Markets
  • Applying for a job in Finland
  • Key and Emerging Themes in Management Studies
  • Cultures of Consumption
  • Diversity Management
  • Startup Valuation
  • Project Management
  • User Innovation
  • Mentoring Programme
  • Research Project 
  • Internship IIb 
  • Study Exchange (1 semester, or 1 year) or a Double Degree

Tuition fees

You will not need to pay tuition fee if you:

  • Are EU/EEA citizen
  • Are equivalent to EU/EEA citizen (i.e. citizen of Switzerland)
  • Are residing in Finland on a permanent basis
  • Have an EU Blue Card

Scholarships & funding

University of Vaasa offers a generous scholarship programme for students who are subject to tuition fees. Scholarships are applied for by choosing the scholarship option in the application form to the programme. Students are informed about possible scholarships together with the admission results.

First Year Scholarship - University of Vaasa Global Student Scholarship

  • Each Master’s programme will provide one 100% tuition fee waiver to the best ranked tuition fee subjected student based on the previous academic merits reviewed during application process.
  • Each Master’s programme will also provide five 50% tuition fee waivers to the second, third, fourth, fifth and sixth best ranked tuition fee subjected students based on the previous academic merits reviewed during application process.
  • All first year scholarships include a conditional second year scholarship (see below).
  • Scholarships are personal and linked to the acceptance of the offered study place. They do not transfer to other universities.

Second Year Scholarship - University of Vaasa Global Student Award for Academic Excellence

  • Every student proceeding with the studies in the target time (approximately 55 ECTS during the first year) is entitled to a 50% tuition fee waiver for the second year.
  • If the student was granted a first year scholarship to the programme, the second year scholarship is included as long as the studies are proceeding in the target time.
  • Student who does not have a first year scholarship can apply for the second year scholarship during the studies. Details for the second year scholarships will be communicated to the students during their first year.

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Want to know more about this program, Master's Degree Programme in International Business (MIB)? Fill out the following form and include any questions you have. This information will be sent directly to the school, and a representative will respond to your enquiry.


About this institute

University of Vaasa

University of Vaasa

The University of Vaasa on the west coast of Finland is one of the most international universities in Finland. The accredited programmes in business and technology attract students from around the world. Friendly atmosphere combined with top-quality education provide you...

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Why study at University of Vaasa

  • University of Vaasa is the largest energy hub in Nordic countries with 140 companies and 11,000 employees in the energy industry
  • The employment rate is the best in Finland.
  • We have close ties with the businesses of the region and use actual case studies in our teaching combining theoretical knowledge with practical examples.
  • Our university is an international and close community.
  • Our students think that our university has a good spirit of togetherness and a great atmosphere.


Average rating 5

Based on 3 reviews

Olha Fedoronchuk
As a double degree student coming from Prague University of Economics I am so much satisfied of support that international office did. They organized orientation week in order to introduce University studying system as well as student free time activities. International business program includes various of compulsory, optional and online courses...
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Olaitan Fashanu
A great place to study and a truly international environment. As an a student of International Business, I had the opportunity to study with students of different cultural backgrounds, which helped to shape my thoughts about the world in terms of the uniqueness and beauty of each culture.
Raphael Della Giacoma Bettes
The MIB program from the University of Vaasa was the perfect opportunity for me to do a Masters in a foreign country, and not only that, with excellency in lessons and a multicultural environment.

Contact info

University of Vaasa

Wolffintie 34
FI-65200 Vaasa

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Request information

Want to know more about Master's Degree Programme in International Business (MIB)? Fill out the following form and we'll pass your details on to a representative from the school, who will respond to your enquiry.

Program rating
Based on 3 reviews

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