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Study options

Business Analytics, Master of Science (Economics and Business Administration)

For applicants
Studying in the Master’s Programme in Business Analytics gives students a unique combination of skills in business, and technology. Programme graduates are future leaders of the digital and sustainable era. The programme provides students with in-depth knowledge about data-based decision-making and analytics and allows them to specialise in different business domains.
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Degree:

Master of Science (Economics and Business Administration)

Application period:

7 Dec 2026 – 5 Jan 2027

Language of instruction:

English

Duration:

2 years, full-time

Eligibility:

Relevant Bachelor's degree

Field of study:

Business and Economics

Credits:

120 ECTS

Organising school:

School of Business

Tuition fees:

For non-EU/EEA citizens, €15000/y (Master’s studies) Read more

Apply to master’s programmes

Rolling admission to the Master's Programme in Business Analytics is now open!

The application period is open from 11 August to 8 October 2026, for studies starting in January 2027. The application may close earlier if all available places are filled during the application period.

More information and instructions for applying

Description

Studying in the Master’s Programme in Business Analytics offers students a unique combination of skills in business and technology that are essential for data-based decision-making and problem-solving. These skills are in high demand for innovative future leaders able to steer companies and other organizations through the era of digitalization, artificial intelligence and sustainability challenges. The programme provides students with a solid understanding of core business analytics tools such as machine learning, statistics, mathematical optimization and decision analysis as well as expertise on how these tools can be used to generate added value and to address sustainability challenges across different business domains. The studies also include analytics courses from different application areas, such as accounting, marketing, supply chain management and information systems. Students can choose a minor to further deepen their knowledge of business analytics tools or to strengthen their understanding of a specific application area.  

Upon graduating from the Business Analytics Programme, graduates will have:

  • Knowledge of business analytics. Graduates possess in-depth knowledge on analytics theory, models, methods, and tools, and how analytics and data produce added value in different application domains.
  • Understanding of sustainability and ethical aspects. Graduates understand how sustainability aspects can be incorporated into analytics models and tools and are aware of ethical issues related to the use analytics.
  • Communication, leadership, and team working skills. Graduates have the necessary skills to successfully carry out analytics development and deployment in diverse organizations.
  • Problem-solving, analytical thinking and decision-making skills. Graduates are critical thinkers who can develop and deploy analytics models and tools to support data-driven problem solving and decision-making.

Language of instruction

The language of instruction is English.

Tuition fees and scholarships

The tuition fee for this programme is 15 000 euros per academic year. Citizens of European Union (EU), the European Economic Area (EEA) or Switzerland do not pay tuition fees. Citizens of other countries must pay tuition fees.

Aalto University offers a small number of scholarships in the form of tuition fee waivers to fee-paying students. Scholarships can be awarded to the highest-achieving applicants based on the programme's evaluation criteria. Applicants are ranked according to the criteria outlined on the programme's webpage.

More information on tuition fees and scholarships at Aalto University is available at the Scholarships and Tuition Fees webpage.

Structure of studies

Overall, the Business Analytics Programme comprises a total of 120 ECTS credits. The two-year programme consists of:

  • Programme studies (87 ECTS) including core analytics studies (36 ECTS), application-focused analytics studies in accounting analytics, marketing analytics, supply chain analytics or information systems (18 ECTS), and the master’s thesis and seminar (33 ECTS) Business Analytics studies including analytics, programming, and data management (60 ECTS), includes Master's Thesis (30 ECTS)
  • Electives (30 ECTS) which can includeexchange studies, a minor, an internship or additional core analytics or application-focused courses

Master's Programme in Business Analytics

Courses and curriculum

Master's Programme in Business Analytics

The world really needs solution-oriented experts who understand and explain technical details and connect analytics with business needs.

Alena Pasynkova, student

Specialisations

Specialisation is built mainly through advanced studies, where students may choose courses.

Internationalisation

The studies give graduates good opportunities for working in international businesses. You experience working with international teams with students from various backgrounds. Moreover, the programme regularly welcomes guest lecturers from our partner and non-partner institutions.

Aalto University is international by nature, welcoming thousands of degree and exchange students from abroad every year. These students join the diverse Aalto community not only through studies but also via multiple free time events, activities, and celebrations around the campus. Programme administrators, active student tutors, and student support services work rigorously to help international students integrate into the Nordic culture and welcome them at home in Finland.

Further study opportunities

The Master’s programme in Business Analytics at Aalto is considered a great foundation for doctoral studies and post-doc positions.

Career opportunities

The existing strong demand for analytics students with strong business knowledge will only grow in the future. Collaborative  courses with companies and alumni offer opportunities to work on real-life cases and network with industry leaders. Most students do their Master’s thesis commissioned by their employer. The Master’s Programme in Business Analytics will allow students to personalise their professional profile. Possible positions immediately after graduation include:

  • Business analysts and business intelligence specialists
  • Analytics and M&A consultants
  • Business development manager
  • Quantitative marketing analysts
  • Product analysts
  • Business controllers
  • Data scientists

In the later career stages the ability to understand data and analytics gives a unique advantage to advance to top management positions.

Aalto University has well-established career services through which you can get employed in Finland and elsewhere. Aalto students tend to find fulfilling positions with ease after graduation. Aalto also has an active entrepreneurship community, which can serve as a springboard for founding student startups.

Research focus

The research in this programme is linked to several focus areas in the School of Business. Additional information about research related to this programme can be found at the Department of Information and Service Management website: /en/department-of-information-and-service-management

Co-operation with other parties

Aalto University and the departments involved in the programme collaborate with many high-quality universities worldwide.

The student can take advantage of the studies within other Aalto University Schools, as well as the major's international connections and student exchange possibilities.

Webinar | Business Analytics

What is it to study in Master's Programme in Business Analytics? Watch our webinar recording to learn more about the studies, career opportunities and to get answers to some of your questions.

Students working together. Photo: Roope Kiviranta

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Curious about life at Aalto University? Chat with Aalto students on Unibuddy and join them for virtual Coffee sessions on Fridays!

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Evaluation criteria 2027

Applicants meeting Aalto’s general eligibility criteria for master's studies are evaluated and ranked according to the evaluation criteria decided in advance for each study option.

The applications to Master’s Programme in Business Analytics are evaluated based on the following criteria.

Admission group 1: Bachelor’s degree from a university in Finland

Relevance of previous studies  
What is evaluated? Previous studies
Admission requirements

Required previous studies

To be considered for admission the applicant must have completed at least 18 ECTS credits of studies that give ability to start the advanced studies in the programme. The credits completed in the following subjects, or subjects that the Aalto University School of Business considers to be corresponding, may be considered: Analytics, Management Science, Information Systems Science, Computer Science, Business Mathematics and Statistics. Theses or internships cannot be included in these credits. The previous credits in the core area of the programme giving the ability to start the advanced studies are assessed by a representative of the programme.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)

Please Note! Remember to submit course descriptions for the required previous studies. 

If your previous studies were completed in an institution that uses another scale than the ECTS, you need to attach an informal description regarding the credit and grading scale to the application.

Academic performance  
What is evaluated? Grades of the previous degree(s)
Admission requirements Applicants with a weighted GPA of previous degree lower than 3.50 are not eligible for admission.
Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)
Academic performance  
What is evaluated? Amount and weighted GPA of previous studies
Admission requirements Amount and weighted GPA of previous studies giving the ability to start the advanced studies. Applicants with a weighted GPA of previous studies giving the ability to start the advanced studies lower than 3.50 are not eligible for admission.
Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)
Suitability  
What is evaluated? Motivational letter and CV
Admission requirements The letter is written in English and the maximum length of the letter is 4000 characters (including space characters).
Evaluated documents Motivation letter and CV
Criticality Not critical (0 points does not mean rejection.)

Admission group 2: Bachelor’s degree from a university of applied science in Finland or from a higher education institution abroad

Relevance of previous studies  
What is evaluated? Previous studies
Admission requirements

Required previous studies

To be considered for admission the applicant must have completed at least 24 ECTS credits of such studies that give ability to start the advanced studies in the programme. The credits completed in the following subjects, or subjects that the Aalto University School of Business considers to be
corresponding, may be considered: Analytics, Management Science, Information Systems Science, Computer Science, Business Mathematics and Statistics. Theses or internships cannot be included in these credits. The previous credits in the core area of the programme giving the ability to start the advanced studies are assessed by a representative of the programme.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)

Please Note! Remember to submit course descriptions for the required previous studies. 

If your previous studies were completed in an institution that uses another scale than the ECTS, you need to attach an informal description regarding the credit and grading scale to the application.

Academic performance  
What is evaluated? Overall evaluation of previous studies
Admission requirements Applicants must demonstrate good academic performance.
Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)
Academic performance  
What is evaluated? Amount and weighted GPA of previous studies
Admission requirements Amount and weighted GPA of previous studies giving the ability to start the advanced studies. Applicants with a weighted GPA of previous studies giving the ability to start the advanced studies lower than 3.50 are not eligible for admission.
Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)
Standardized tests  
What is evaluated? Analytical and quantitative skills
Admission requirements GMAT or GRE is obligatory in admission group 2 (minimum score 600 in GMAT, 555 in GMAT Focus edition or GRE score of 157 verbal reasoning - 158 quantitative reasoning). 
Evaluated documents GMAT/ GRE test results
Criticality Critical (0 points = rejection)
Suitability  
What is evaluated? Motivational letter and CV
Admission requirements The letter is written in English and the maximum length of the letter is 4000 characters (including space characters).
Evaluated documents Motivation letter and CV
Criticality Not critical (0 points does not mean rejection.)

Documents required by the study option

This study option (master’s programme) requires two sets of documents from their applicants:

  1. Obligatory application documents detailed on the Apply to master’s programmes webpage.
  2. Documents required by the study option listed below.
  • Official transcript(s) of records for additional university studies which are not included in the degree/degrees marked on the application form, but you wish the programme to consider when evaluating your application
  • Course descriptions of relevant courses required by the progamme. Please submit the course descriptions as one pdf file. Course descriptions can be copies or screenshots from the university’s website or student guide.
  • Motivation letter
  • CV
  • In Admission Group 2: GMAT/GRE test result
  • If your previous studies were completed in an institution that uses another scale than the ECTS: an informal description regarding the credit and grading scale of previous studies.

Use of AI Tools – Application Guidelines

To ensure transparency and fair evaluation, all applicants must clearly declare any use of AI tools, if at all, across all parts of the application specifying in which parts of the application AI tools were used (e.g., text, design, development, proofreading, translation, spelling, grammar) and for what purpose. If excessive use of AI is suspected, this may affect the evaluation of the application negatively.

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Rolling admission to the Master's Programme in Business Analytics

Rolling addmission to the Master's Programme in Business Analytics

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Contact information

School of Business

In case of programme-specific questions and inquiries, please contact the School of Business.

programmes-biz@aalto.fi

Aalto University Admission Services

If you have any questions regarding the application process, application documents or language tests, please contact Aalto University Admission Services

admissions@aalto.fi

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