EligibilityMaster's Programme in Finance, 120 Credits

General requirements

In order to be eligible to apply to our Master's programs here at USBE you need a Bachelor’s degree with a major in Business Administration 180 ECTS (three years of full-time study), which should include:

  • 90 ECTS (one and a half years of full-time study) in Business Administration.
    Subjects can be defined differently in different countries. Examples of courses that we consider to be part of the subject of Business Administration are Accounting, Finance, Controlling, Management, Marketing, Logistics and Entrepreneurship.

Our prerequisites are described in terms of number of ECTS credits. If you find it difficult to understand how many ECTS credits your previous studies consist of you can find further information about ECTS credits here:

European Commission: Education & training

Language skills required

Students are required to have special eligibility in English equal to English B from Swedish gymnasium. This is usually shown with a internationally recognized test of English proficiency.

Proof of Proficiency in English and Swedish

Specific requirements

The Master’s Program in Finance have a Special requirements:

90 ECTS (one and a half years of full-time study) in Business Administration (including at least 15 ECTS in Finance) and 7.5 ECTS in Statistics

Selection criteria and Notification of Admission Status

Admission is granted on a competitive basis. The selection criteria are the GMAT (Graduate Management Admissions Test) result. The test must be sent directly from ETS, our institutioncode is 81Q-GG-68 .

Ask your test administrator for a GMAT Score Report Request Form. Complete the form and return it to the administrator before leaving the test center. This will ensure that your GMAT score report is sent directly to the University's International Admissions Office. Register for the GMAT test here:


If you have no GMAT test result you are still eligibled to apply for the program but will be ranked after applicants with a GMAT result and according to the number of academic credits you have.

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Contact Information

Umeå School of Business and Economics
Umeå University, The Social Sciences Building

Web Page

Gisela Taube Lyxzén

Tel: +46 (0)90 - 786 77 26

Fax: +46 (0)90 - 786 68 74