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Master's Programme in Finance

  • Number of credits 120 Credits
  • Study time 2 years (full time)
  • Level Master’s Degree
  • Starting Autumn Term 2016

This programme provides a framework for understanding and applying financial theory and offers a thorough grounding in finance. Advanced Corporate Finance and Risk Management cover both long-term and short-term financial management for firms. Investments and Advanced Financial Statement Analysis and Valuation provide in-depth insights into investment portfolios. One semester can be spent studying abroad and internship is an elective course.

While studying

During the first semester the focus is on providing deeper knowledge about the main subject area of finance.

During the second semester you study elective courses and one option is a two months internship.

The third semester includes a compulsory methodological course and a course in recent trends in the field of Business. In addition to this you are given the opportunity to deepen your knowledge in one other area of the field of Business. This semester is also suitable for studying abroad.

The fourth semester you write a thesis.

Internship

When you follow one of our Master's programs you have the opportunity to do an internship in a company for ten weeks. This possibility exists only at a few Business Schools in the country. The internship gives you a good opportunity to put theoretical knowledge in Business into practice. As a student you will arrange your internship yourself. This way, you can find an internship that meets your expectations.

Read more about internship

Studies Abroad

There are plenty of opportunities for you to study one semester abroad within the program. The Business School offers you the opportunity to study abroad at some 60 universities, mainly in Europe but also in Brazil, Costa Rica,

Canada, China, Russia and South Africa. As a master student you can also apply to Umeå University's agreement to non-European countries such as USA, Australia, Canada.

Read more about studies abroad

Corporate Connections

The Business School collaborates in many different ways with companies and organizations. As a student, you might perhaps do an internship at one of our corporate partners. Professionals outside the university come to us as guest lecturer and teachers. Our researchers will in turn contribute new knowledge to society. A group of advisors consisting of corporate / community representatives are also linked to the Business School and they contribute with their knowledge and experience.

Programme overview

Semester 1
Financial Management 30 cr.

Semester 2
Alternative A. Elective courses 30 cr. Alternative B. Elective courses 15 cr. and Master's thesis 1st year 15 cr.

Semester 3
Current trends and a minor in Management/Accounting/Marketing/Business Development 30 cr.

Semester 4
Alternative A. Master's thesis 2nd year 30 cr. Alternativ B. Elective course 15 cr. and Master's thesis 2nd year 15 cr.

Career opportunities

The programme is suitable for students wishing to work as investment advisers, with financing issues in banks, with cash management, as financial analysts in banks, insurance companies, or government departments. The program's international character also provides good opportunities for a career abroad. The program gives you eligibility to apply for PhD positions.

Degree

Students may still choose to finish with a Degree of Master of Science (60hp) after one year. If students continue the full two years they will graduate with a Degree of Master of Science (120hp).

Application and eligibility

Master's Programme in Finance, 120 hp

Visa tillfällen för föregående termin Autumn Term 2016 Det finns inga senare terminer för kursen

Programme starts

Autumn Term 2016

Type of studies

100%, Daytime

Study location

Umeå

Language

English

Application code

UMU-M2014

Application

The application period is closed.

Eligibility

A Bachelor's degree (equivalent to a Swedish Kandidatexamen, 180 credits) from an internationally recognised university with a major in Business Administration. Special requirements: 75 credits in Business Administration, at Basic level (A-level) and Intermediate level (B-level) a minimum of 60 credits in Management, Marketing, Accounting and Finance or the equivalent including at least 7,5 credits in Finance courses. At the Bachelor level (C-level), a minimum of 15 credits in Business Administration. Statistics or similar 7,5 credits. Proficiency in English equivalent to Swedish upper secondary course English B/6. Find information about how this requirement can be fulfilled at Umeå University’s website under the headline “Proof of Proficiency in English and Swedish” You will find detailed information about eligibility requirements at the program webpage. If you are still working towards your undergraduate degree, you need to include with your application a document from your current University, outlining when you are expected to graduate as well as a course outline for the last semester.

Selection

The selection criteria are GMAT (Graduate Management Admissions Test-must be sent directly from ETS, our institution code is 81Q-GG-68) and academic credits. Applicants who have provided a GMAT result will be selected first in the order of their results and the remaining applicants will be ranked according to academic credits.

Application and Tuition fees

As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.

Application fee

SEK 900

Tuition fee, first instalment

SEK 45,000

Total fee

SEK 180,000

Programme starts

Autumn Term 2016

Type of studies

100%, Daytime

Study location

Umeå

Language

English

Application deadline

15 April 2016

Application code

UMU-02014

Application

Submit a late online application. You will be transferred to universityadmissions.se

Eligibility

A Bachelor's degree (equivalent to a Swedish Kandidatexamen, 180 credits) from an internationally recognised university with a major in Business Administration. Special requirements: 75 credits in Business Administration, at Basic level (A-level) and Intermediate level (B-level) a minimum of 60 credits in Management, Marketing, Accounting and Finance or the equivalent including at least 7,5 credits in Finance courses. At the Bachelor level (C-level), a minimum of 15 credits in Business Administration. Statistics or similar 7,5 credits. Proficiency in English equivalent to Swedish upper secondary course English B/6. Find information about how this requirement can be fulfilled at Umeå University’s website under the headline “Proof of Proficiency in English and Swedish” You will find detailed information about eligibility requirements at the program webpage. If you are still working towards your undergraduate degree, you need to include with your application a document from your current University, outlining when you are expected to graduate as well as a course outline for the last semester.

Selection

The selection criteria are GMAT (Graduate Management Admissions Test-must be sent directly from ETS, our institution code is 81Q-GG-68) and academic credits. Applicants who have provided a GMAT result will be selected first in the order of their results and the remaining applicants will be ranked according to academic credits.

Application and Tuition fees

As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.

Application fee

SEK 900

Tuition fee, first instalment

SEK 45,000

Total fee

SEK 180,000

Common questions

  • What are the 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.

    Read more about language requirements

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  • What selection criteria is used?

    AThe first selection criteria is the GMAT (Graduate Management Admissions Test) result. If you have no GMAT result you are still eligible 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. The GMAT result must be sent from ETS, our institution code is 81Q-GG-68. Ask for a GMAT Score Report Request Form, complete it and return it to the test administrator. This will ensure that your GMAT score is sent directly to the University.

    Register for the GMAT test

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  • Can I exit the program after 1 year?

    If you write a Master's thesis 15 credits at the end of the 2nd semester, you can exit the program after one year and get a one year Degree of Master's of Science 60 credits. If you wish to you can still continue the second year for a two years Master's of Science 120 credits. You can however not apply for, and get admitted to a one year program as all our programs are two years.

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  • Are there any tuition fees?

    Application and tuition fees will be introduced for citizens outside the EU/EEA and Switzerland, beginning with the autumn term 2011.

    Read more about tuition fees

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  • Can I get any scholarships?

    Yes some scholarships are offered by the Swedish Institute and some by Umeå University.

    Read more about scholarships

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Contact us

Contactperson for the programme is: Gisela Taube Lyxzén

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