Program structure

The Master's Degree Programme in Accounting and Finance at the University of Eastern Finland (UEF) is a two-year, 120 ECTS credit program designed to provide students with a comprehensive understanding of advanced accounting practices and financial analysis techniques.

Program Structure:

• Advanced Studies in Accounting and Finance (70 ECTS): This includes 30 ECTS of major-specific courses and a 40 ECTS Master's Thesis and Seminar.

• Other Studies (50 ECTS): Comprising methodological studies (minimum 15 ECTS) and language and culture studies (minimum 4 ECTS).

Key Features:

• Emphasis on Sustainability and AI: The curriculum addresses evolving challenges in the financial sector, focusing on sustainability and the integration of artificial intelligence in financial analysis and decision-making.

• Practical Experience: Students gain hands-on experience in financial modeling, data analysis, and forecasting techniques, utilizing advanced tools and analytical methods.

• Collaborative Learning Environment: The program fosters a collaborative learning environment, encouraging discussions, teamwork, and research projects in collaboration with faculty members.

Career Opportunities:

Graduates are well-prepared for roles such as financial analyst, investment banker, auditor, financial consultant, tax advisor, and risk manager in various sectors, including banking, financial services, consulting firms, corporations, government agencies, and non-profit organizations.

For more detailed information, please visit the official program page.

Fees and Funding

The annual tuition fee for the Master's Degree Programme in Accounting and Finance at the University of Eastern Finland (UEF) is €10,000 per academic year. This fee applies to students from outside the EU/EEA area or Switzerland.

Payment Details

The annual tuition fee must be paid by August 31, either in one or two installments. UEF processes tuition fee payments through the Flywire payment system.

Early Bird Discount

A one-time deduction of €500 for the autumn 2025 semester is available to students who accept their study place and pay the tuition fee via Flywire within three weeks of the result publication (by June 11, 2025).

Scholarships and Tuition Waivers

UEF offers a limited number of scholarships and tuition waivers, primarily based on academic merit. These include:

• UEF Scholarship: A 100% tuition waiver for the entire duration of the studies (2 years for Master's). One scholarship is awarded per programme to the highest-ranked tuition fee-liable student based on admission results.

• Tuition Waiver: Up to 50% of the tuition fee, applied for through the application form when applying to UEF.

• Finnish Language Scholarship: Applied for during studies at UEF.

Please note that UEF scholarships and tuition waivers do not cover living expenses or travel costs to Finland. Prospective students should ensure they have adequate funds to cover their living and study expenses while in Finland.

Additional Information

For detailed information on tuition fees, waivers, and scholarships, please visit UEF's official page on Tuition fees, waivers and scholarships.

Scholarship Guidance

The University of Eastern Finland (UEF) offers several scholarships and tuition waivers for the Master's Degree Programme in Accounting and Finance, primarily based on academic merit.

1. UEF Scholarship

• Coverage: A 100% tuition waiver for the entire duration of the studies (2 years for Master's).

• Eligibility: Awarded to the highest-ranked tuition fee-liable student based on admission results.

2. Tuition Waiver

• Coverage: Up to 50% of the tuition fee.

• Eligibility: Applicants can apply for this waiver through the application form when applying to UEF.

3. Finnish Language Scholarship

• Coverage: Details are provided during studies at UEF.

• Eligibility: Applied for during studies at UEF.

Application Process

• How to Apply: Applicants can apply for the UEF Scholarship and Tuition Waiver through the application form when applying to UEF.

• Selection Criteria: Scholarships are primarily awarded based on academic merit, with the highest-ranked applicants receiving the most substantial waivers.

Additional Information

• Early Bird Discount: A one-time deduction of €500 for the autumn 2025 semester is available to students who accept their study place and pay the tuition fee via Flywire within three weeks of the result publication (by June 11, 2025).

• Living Expenses: UEF scholarships and tuition waivers do not cover living expenses or travel costs to Finland. Prospective students should ensure they have adequate funds to cover their living and study expenses while in Finland.

For detailed information on tuition fees, waivers, and scholarships, please visit UEF's official page on Tuition fees, waivers and scholarships.

Admission Requirements

To be eligible for the Master's Degree Programme in Accounting and Finance at the University of Eastern Finland (UEF), applicants must meet the following criteria:

1. Academic Qualifications:

• Bachelor's Degree: Applicants should possess a bachelor's degree from a recognized institution of higher education. The degree should correspond to at least three years of full-time academic studies.

2. Language Proficiency:

• English Language Skills: Proficiency in English is mandatory. Applicants may need to provide proof of language proficiency through standardized tests such as TOEFL iBT, IELTS Academic, or PTE Academic. Specific score requirements and exemptions are detailed on the program's official page.

3. Application Documents:

• Educational Certificates: Scanned copies of original degree and graduation certificates.

• Transcripts: Official transcripts of records.

• Proof of Language Proficiency: Valid language test scores, if applicable.

• Curriculum Vitae (CV): A detailed CV outlining academic and professional experiences.

• Motivation Letter: A letter explaining the applicant's interest in the program and career aspirations.

• Recommendation Letters: Two letters of recommendation, preferably from academic or professional referees.

All documents should be uploaded as scanned copies to the online application system. If the original documents are in a language other than English, Finnish, or Swedish, official translations are required.

4. Application Process:

• Online Application: Applications are submitted through the Studyinfo portal.

• Application Period: The application period for the program is from January 8, 2025, to January 22, 2025.

For detailed information on admission requirements and the application process, please visit the official program page.

Application Procedure

The application period for the Master's Degree Programme in Accounting and Finance at the University of Eastern Finland (UEF) is from January 8, 2025, to January 22, 2025.

University of Eastern Finland

Application Process:

1. Online Application: Submit your application through the Studyinfo portal.

2. Required Documents:

   • Educational Certificates: Scanned copies of your bachelor's degree certificate and official transcripts.
   • Proof of English Proficiency: Valid language test scores, if applicable.
   • Curriculum Vitae (CV): Detailed CV outlining academic and professional experiences.
   • Motivation Letter: A letter explaining your interest in the program and career aspirations.
   • Recommendation Letters: Two letters of recommendation, preferably from academic or professional referees.

   Note: If your documents are in a language other than English, Finnish, or Swedish, official translations are required.

3. Application Fee: Check the Studyinfo portal for any applicable application fees.

Admission Requirements:

• Academic Qualifications: A bachelor's degree from a recognized institution, corresponding to at least three years of full-time academic studies.

• Language Proficiency: Proficiency in English, demonstrated through standardized tests such as TOEFL iBT, IELTS Academic, or PTE Academic. Specific score requirements and exemptions are detailed on the program's official page.

Selection Process:

Applicants are selected based on their academic qualifications, language proficiency, and the quality of their application documents. The results will be announced by May 28, 2025.

Further Information:

For detailed information on the application process, admission requirements, and deadlines, please visit the official program page.