MSc degree studies consist of the following study modules: 

• Programme studies 84 cr
  • Incl. Master’s thesis 30 cr
• Minor 24 cr
• Electives 12 cr

In addition to the goals stated in Government Decree on University Degrees (794/2004) 7 § the aim of the Master of Science degree in Economics and Business Administration is to provide students with

• deep overall knowledge of the area of the specialised master’s degree programme, and very good knowledge of the minor subject or corresponding study entities included in the degree;
• the knowledge and skills required in challenging managerial positions or positions demanding a high level of expertise, or as entrepreneur;
• the ability to independently produce and apply knowledge in the field of business administration and economics, and preparedness for demanding international postgraduate programmes;
• the ability to address ethics, sustainability, and international context; and
• excellent communication and team working skills.

Students in the Master’s degree programme in Information and Service Management learn:

• data analysis, business intelligence, ability to use and develop it in organizations;
• quantitative and data driven marketing;
• analysis and development of business models for digital and service business;
• leading people and projects;
• services development and analysis; and
• design research.

Degree requirements 120 cr

1. Programme studies 84 cr

Common advanced studies 18 cr

Choose 3 courses from the following:

^{The remaining course can be included in advanced specialisation studies in any area of specialization (A, B or C).
*) Information Economy can be included only once in the major studies: either in common advanced studies or in the Information Systems Science track's studies.
**) Replaces course 35E00100 Service Operations and Strategy. Students who have started their studies 2016-2017 or 2017-2018 can complete this course in stead of 35E00100 Service Operations and Strategy.}

Advanced specialisation studies 66 cr

Mandatory studies 42 cr

^{*) Replaces course 57E00600 Hackathon project and 20E00200 Hackathon projekti. Only one of these three courses can be completed.
**) Replaces course 37E00550 Business Intelligence. Students may include only one of these in their degree: 37E00550 Business Intelligence (no longer offered) or 57E00550 Capstone: Business Intelligence.} 

Elective studies 24 cr

Choose one area of specialization A, B or C.

A. Business Analytics

Selecting at least two from the following courses is strongly recommended:

Choose the rest from the following:

^{1) Students can complement these courses with the course "30E00111 Studies completed at another Aalto School" (1 cr). For more information, see course description for course 30E00111 on WebOodi.}

^{2) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please see course description on WebOodi for more information.
3) Must be approved by the programme director.}

B. Information Systems Science

Selecting at least 2 courses from the following is strongly recommended:

Choose the rest from the following:

^{*) Information Economy and Capstone: Business Intelligence can be included only once in the major studies: either in common advanced studies or in Information Systems Science studies.    
1) These courses can be supplemented with the course "37E81000 Studies completed in Information Systems Science" 1 cr. For more information, see course description for course 37E81000 on WebOodi and contact prof. Matti Rossi.
2) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.
3) Must be approved by the programme director.}

C. Supply Chain Management

Selecting at least 2 courses from the following courses is strongly recommended:

Choose the rest from the following:

^{*) Replaces course 35C00200 Purchasing and Supply Chain Management/ 35C00250 Hankintojen johtaminen. Only one of these three can be completed.
**) Replaces course 35E00500 Quality Leadership. Only one of these courses can be completed.
1) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.}

2. Minor studies 24 cr

3. Elective studies 12 cr

The minor study module of the Master’s degree is 24 credits and can be one of the following:

1. a module confirmed in the curriculum (a minor study entity offered at the School of Business) ,
2. a module completed in an official exchange programme partner of the School of Business or in another programme meeting the requirements set in the official exchange programme policy of the School of Business, or
3. a module earned at another Aalto University school or at another Finnish university under the agreement on flexible study rights (JOO agreement).

For a list of all the minors at Aalto University, see Minors 2018-2020.

You can choose elective studies to your Master's degree so, that the extent of the degree (120 credits) is fulfilled. You can exceed the extent of the degree by one course maximum.

Elective studies can include basic, intermediate or advanced level courses. You can use the module e.g.

• To broaden your skills and knowledge via multidisciplinary studies:
  • select courses in the field of technology or art
  • select University Wide Studies -courses
  • select courses in other universities via JOO study right
• To deepen your language and communication skills 
• To deepen or broaden your skills and knowledge in the field of business 
  • select additional courses in your degree programme or major
  • select courses from other degree progarmmes or majors in the School of Business
  • select additional courses in your minor
• To gain work experience and working life skills via practical training
• To gain skills in self leadership and finding meaningfulness via Personal Impact -courses
• To broaden your degree with a second minor, if it fits in your degree
  • Please not that you can only choose the second minor if it fits into your degree or exceeds it by maximum of one course. You can find the requirements of minors in Into Minors 2020-2022.

Mandatory language studies

If you have mandatory language studies in your master's degree, they are included in the elective studies module. You have received information about these in the beginning of your studies, if this applies to you.

• Students who have received their first cycle university degree from the Aalto University or from another Finnish university of from a Finnish university of applied sciences have principally demonstrated their language proficiency in the bachelor's degree or received an exemption. Therefore there is no need to demonstrate language proficiency in the master's degree
• Students, who have received their first cycle university degree outside of Finland and whose language of secondary education is Finnish or Swedish, do demonstrate their language proficiency in the master's degree
• Students, who have received their first cycle university degree outside of Finland and whose language of secondary education is other than Finnish or Swedish, do not demonstrate their language proficiency in the master's degree

If you are uncertain of whether you need to demonstrate language proficiency in the master's degree, please contact your programme's planning officer to get further information about the matter. Read also more about the language requirements for the maturity test in the page Completing your master's thesis > Maturity test.

Master’s thesis and thesis seminar

The programme study module includes a 30-credit thesis with a 6-credit seminar. The thesis must demonstrate readiness for scientific thinking, command of research methods, conversance with the topic of the thesis, and ability for scientific communication.

The student takes also part in a thesis seminar, which is designed to help the students to prepare their thesis work. The seminar commonly consists of meetings, completing thesis, presenting the research topic to the seminar group and acting as an opponent for a fellow student’s thesis. Seminar lasts usually the whole semester, and it is organised during both autumn and spring semesters.

Seminar practices vary depending on the degree programme: please see the instructions for each programme in Sisu or MyCourses. For instructions on writing and handing in the thesis please see the page Completing your master's thesis.

MSc degree studies consist of the following study modules: Programme studies 84 ECTS credits, Minor studies 24 ECTS credits and Electives 12 ECTS credits.

In addition to the goals stated in Government Decree on University Degrees (794/2004) 7 § the aim of the Master of Science degree in Economics and Business Administration is to provide students with

• deep overall knowledge of the area of the specialised master’s degree programme, and very good knowledge of the minor subject or corresponding study entities included in the degree;
• the knowledge and skills required in challenging managerial positions or positions demanding a high level of expertise, or as entrepreneur;
• the ability to independently produce and apply knowledge in the field of business administration and economics, and preparedness for demanding international postgraduate programmes;
• the ability to address ethics, sustainability, and international context; and
• excellent communication and team working skills.

Students in the Master’s degree programme in Information and Service Management learn:

• data analysis, business intelligence, ability to use and develop it in organizations;
• quantitative and data driven marketing;
• analysis and development of business models for digital and service business;
• leading people and projects;
• services development and analysis; and

• design research.

  Students in the Master’s degree programme in Information and Service Management learn:

• data analysis, business intelligence, ability to use and develop it in organizations;
• quantitative and data driven marketing;
• analysis and development of business models for digital and service business;
• leading people and projects;
• services development and analysis; and
• design research.

Code: BIZ214
Credits: 84 ECTS cr
Programme Director: Professor Virpi Tuunainen

Degree requirements 120 cr

1. Programme studies 84 cr

Common advanced studies 18 cr

Choose 3 courses from the following:

^{The remaining course can be included in advanced specialisation studies.}

^{*) Information Economy can be included only once in the major studies: either in common advanced studies or in the obligatory Information Systems Science studies.}

Advanced specialisation studies 66 cr

Mandatory studies 42 cr

^{*) Credit transfer and capstone course: With legitimate grounds (e.g. exchange studies abroad, serious illness – working life and its restraints is not considered a legitimate reason to not complete the capstone course), the student can apply for a credit transfer for a capstone course. However, as a deviation from the common process of credit transfer at the School of Business, the application for credit transfer must be submitted before completing the course represented to substitute the capstone course at the School of Business. The credit transfer should be applied for according to the credit transfer instructions depicted at Into: https://into.aalto.fi/display/enmasterbiz/Credit+transfer. Based on the credit transfer application, the teacher in charge of the capstone course will decide whether the learning goals for the capstone course can be fulfilled by completing the course the student has represented to substitute the capstone course.}

Elective studies 24 cr

Choose one area of specialization A, B or C.

A. Business Analytics

At least one of the following:

Choose the rest from the following:

^{1) Students can complement these courses with the course "30E00111 Studies completed at another Aalto School" (1 cr). For more information, see course description for course 30E00111 in WebOodi.
2) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.
3) Must be approved by the programme director.
*) Students may include only one of these in their degree: 57E00500 Capstone Business Intelligence (No longer offered) or 37E00550 Business Intelligence.
**) Not lectured 2017-2018}

B. Information Systems Science

At least 2 courses from the following:

Choose the rest from the following:

^{*) Not lectured 2017-2018
**) Students may include only one of these in their degree: 57E00500 Capstone Business Intelligence (No longer offered) or 37E00550 Business Intelligence.
1)  Information Economy can be included only once in the major studies: either in common advanced studies or in the obligatory Information Systems Science studies.
2) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.
3) Must be approved by the programme director.}

C. Logistics and Service Management

At least 2 courses from the following:

Choose the rest from the following:

^{*) Students may include only one of these in their degree 57E00500 or 37E00550 Business Intelligence.
**) Not lectured 2017-2018
1) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.
2) Must be approved by the programme director.}

The minor study module of the Master’s degree is 24 credits and can be one of the following:

1. a module confirmed in the curriculum (a minor study entity offered at the School of Business) ,
2. a module completed in an official exchange programme partner of the School of Business or in another programme meeting the requirements set in the official exchange programme policy of the School of Business, or
3. a module earned at another Aalto University school or at another Finnish university under the agreement on flexible study rights (JOO agreement).

For a list of all the minors at Aalto University, see Minors 2017-2018

Master's degree includes 12 ECTS credits of Electives. This can consist of for example

• additional studies in the degree programme,
• additional studies in the minor study module,
• courses from other programmes,
• language and communication studies,
• studies at another Aalto University School,
• studies at another university through the flexible study right agreement (JOO studies), or
• internship (6 cr or 3cr).

More information is provided under the titles Language and communication studies and Internship.

Elective studies can include basic, intermediate or advanced level courses.

Master’s thesis and thesis seminar

The programme study module includes a 30-credit thesis with a 6-credit seminar. The thesis must demonstrate readiness for scientific thinking, command of research methods, conversance with the topic of the thesis, and ability for scientific communication.

The student takes also part in a thesis seminar, which is designed to help the students to prepare their thesis work. The seminar consists of meetings, completing thesis, presenting the research topic to the seminar group and acting as an opponent for a fellow student’s thesis. Seminar lasts usually the whole semester, and it is organised during both autumn and spring semesters.

Registration for the seminar varies depending on the degree programme: please see the instructions for each programme in Sisu or MyCourses. For instructions on writing and handing in the thesis please see Planning your studies.

Maturity test

After completing the Master's Thesis the student has to write a maturity test in order to demonstrate their familiarity with the subject of the thesis and proficiency in Finnish or Swedish language. If a student has demonstrated their Finnish or Swedish proficiency in the Bachelor’s degree, it is not required again for the Master’s degree. In this case the maturity test will be evaluated only based on the content. However, the maturity test is still always written in Finnish or Swedish, unless the student has been exempted to write the test in some other language (see instructions below).

The maturity test is a written examination based on the Master’s thesis. The School of Business students write an executive summary which is classified as the maturity test. For further instructions regarding the maturity test, please see Planning your studies - Maturity test.

If a student has had their (high school) education in a language other than Finnish or Swedish or abroad, it is possible to apply for an exemption in order to make the test in English or some other language. The application will be addressed to the Vice Dean of the School of Business. In this case the maturity test will be evaluated only based on the content.

MSc degree studies consist of the following study modules: Programme studies 84 ECTS credits, Minor studies 24 ECTS credits and Electives 12 ECTS credits.

In addition to the goals stated in stated in Government Decree on University Degrees (794/2004) 7 § the aim of the Master of Science degree in Economics and Business Administration is to provide students with

• deep overall knowledge of the area of the specialised master’s degree programme, and very good knowledge of the minor subject or corresponding study entities included in the degree;
• the knowledge and skills required in challenging managerial positions or positions demanding a high level of expertise, or as entrepreneur;
• the ability to independently produce and apply knowledge in the field of business administration and economics, and preparedness for demanding international postgraduate programmes;
• the ability to address ethics, sustainability, and international context; and
• excellent communication and team working skills.

Students in the Master’s degree programme in Information and Service Management learn:

• data analysis, business intelligence, ability to use and develop it in organizations;
• quantitative and data driven marketing;
• analysis and development of business models for digital and service business;
• leading people and projects;
• services development and analysis; and
• design research.

Code: BIZ214
Credits: 84 ECTS cr
Programme director: Professor Virpi Tuunainen

Degree requirements 120 cr

1. Programme studies 84 cr

Common advanced studies 18 cr

Choose 3 courses from the following:

The remaining course can be included in advanced specialisation studies.

Advanced specialisation studies 66 cr

Mandatory studies 42 cr

^{*) Credit transfer and capstone course: With legitimate grounds (e.g. exchange studies abroad, serious illness – working life and its restraints is not considered a legitimate reason to not complete the capstone course), the student can apply for a credit transfer for a capstone course. However, as a deviation from the common process of credit transfer at the School of Business, the application for credit transfer must be submitted before completing the course represented to substitute the capstone course at the School of Business. The credit transfer should be applied for according to the credit transfer instructions depicted at Into: https://into.aalto.fi/display/enmasterbiz/Credit+transfer. Based on the credit transfer application, the teacher in charge of the capstone course will decide whether the learning goals for the capstone course can be fulfilled by completing the course the student has represented to substitute the capstone course.}

Elective studies 24 cr

Choose one area of specialization A, B or C.

A. Business Analytics

Mandatory for all students:

Choose the rest from the following:

^{1) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.
2) Must be approved by the programme director.
*) Not lectured 2016-2017.}

B. Information Systems Science

At least 2 courses from the following:

Choose the rest from the following:

^{*) Not lectured 2016-2017
**) Students may include only one of these in their degree 57E00500 or 37E00550 Business Intelligence. Starting from 2016-2017 Business Intelligence is no longer a capstone course.
1) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.
2) Must be approved by the programme director.}

C. Logistics and Service Management

At least 2 courses from the following:

Choose the rest from the following:

^{*) Students may include only one of these in their degree 57E00500 or 37E00550 Business Intelligence. Starting from 2016-2017 Business Intelligence is no longer a capstone course.
1) Suitability for ISM programme elective is determined on a case-by-case basis and must be approved before the project begins. General requirements: the project must be conducted in English. Please contact the faculty for details.
2) Must be approved by the programme director.}

The minor study module of the Master’s degree is 24 credits and can be one of the following:

1. a module confirmed in the curriculum (a minor study entity offered at the School of Business) ,
2. a module completed in an official exchange programme partner of the School of Business or in another programme meeting the requirements set in the official exchange programme policy of the School of Business, or
3. a module earned at another Aalto University school or at another Finnish university under the agreement on flexible study rights (JOO agreement).

2016–2017 minors at Aalto

2016-2017 minors

Master's degree includes 12 ECTS credits of Electives. This can consist of for example

• additional studies in the degree programme,
• additional studies in the minor study module,
• language and communication studies,
• studies at another Aalto University School,
• studies at another university through the flexible study right agreement (JOO studies), or
• internship (6 cr or 3cr).

More information is provided under the titles Language and communication studies and Internship.

Elective studies can include basic, intermediate or advanced level courses.

Master’s thesis and thesis seminar

The programme study module includes a 30-credit thesis with a 6-credit seminar. The thesis must demonstrate readiness for scientific thinking, command of research methods, conversance with the topic of the thesis, and ability for scientific communication.

The student takes also part in a thesis seminar, which is designed to help the students to prepare their thesis work. The seminar consists of meetings, completing thesis, presenting the research topic to the seminar group and acting as an opponent for a fellow student’s thesis.

Seminar lasts usually the whole semester, and it is organised during both autumn and spring semesters. Registration for the seminar varies depending on the degree programme: please see the instructions for each programme in WebOodi, MyCourses or department’s homepages.

Maturity test

After completing the Master's Thesis the student has to write a maturity test in order to demonstrate their familiarity with the subject of the thesis and proficiency in Finnish or Swedish language. If a student has demostrated their Finnish or Swedish proficiency in the Bachelor’s degree, it is not required again for the Master’s degree. In this case the maturity test will be evaluated only based on the content. However, the maturity test is still always written in Finnish or Swedish, unless the student has been exempted to write the test in some other language (see instructions below).

The maturity test is a written examination based on the Master’s thesis. The School of Business students write an executive summary which is classified as the maturity test. For further instructions regarding the maturity test, please see Planning your studies - Maturity test.

If a student has had their (high school) education in a language other than Finnish or Swedish or abroad, it is possible to apply for an exemption in order to make the test in English or some other language. The application will be addressed to the Vice Dean of the School of Business. In this case the maturity test will be evaluated only based on the content.