Finland, a European country, is a popular study abroad destination among international students due to its quality education system, safe and welcoming environment, and great job opportunities. So, if you are planning to pursue a master’s course from Finland, this is the guide for you. So, let’s understand the benefits of studying in Finland, popular Finnish universities, the popular master’s courses, and other interesting details.

Key highlights

• Finland master’s program: Benefits
• Best masters programs to study in Finland
• Finland universities for Masters
• Basic requirements for master degree in Finland
• Cost of studying masters in Finland for international students

Finland master’s programs: Benefits

• In Finland, the number of resident permits granted to international students has increased from4,595 to 7,060fromOctober 2021to October 2022. The student visa is also known as a resident permit in Finland.
• International students can work for up to30 hoursper week while studying. The part-time jobs not only support their living but also provide them with valuable work experience.
• The country plans to attract15,000international students yearly by2030. This indicates that international students have greater chances of securing admission to top-ranked Finnish universities in the coming years.
• Presently, Finland is facing a shortage of skilled workers in industries like hospitality, engineering, hospitality and Information & Communications Technology (ICT), etc. Thus, pursuing master’s courses in these fields will help students to bag lucrative job offers.
• Finland is the world’s happiest country as per theWorld Happiness Report 2023. This attracts students and professionals across the world.

Basic requirements for master degree in Finland

Indian students interested in pursuing a master’s degree from a reputed Finnish university must meet the eligibility criteria as a part of the university application process. Here are some general requirements you must consider:

• Academic transcripts (degrees and certificates)
• Graduate Record Examinations (GRE) or Graduate Management Admission Test (GMAT)
• Appear for English proficiency exams such as the Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), Pearson Test of English (PTE) or Duolingo English Test (DET)
• Letters of Recommendation
• Statement of Purpose
• Curriculum Vitae
• Work experience certificates (if any)

Kindly note that the eligibility criteria may vary from one course and university to another. For instance, students who have completed their previous degrees in the English language from countries like the UK, the US, Canada, or Australia need not showcase their English language proficiency. Therefore, they can apply to Finnish universities without TOEFL or IELTS scores. Thus, it is advised to verify the university and the course-specific requirements before applying.

Cost of studying masters in Finland for international students

Indian students need to pay tuition fees, among other expenses, to study master’s courses in Finland. On average, the annual tuition fee of a master’s degree program ranges from∼EUR10,000 to∼EUR18,000(∼INR 9,10,000 to ~INR 16,39,000). Apart from tuition fees, the overall cost of studying in Finland also includes accommodation expenses, travelling, and other miscellaneous expenses. The average annual cost of living comes around∼EUR 8,400 to∼EUR 12,000(∼INR 7,65,000 to∼INR 10,93,000).
A master’s study program in Finland can be expensive, considering various costs that can be an obstacle in your study abroad journey. So, you can opt for an education loan for studying abroad programs. An education loan is an excellent way to finance your higher education independently without liquidating your family’s savings.
At Avanse Financial Services, we offer hyper-personalised education loans with benefits like 100% finance, flexible repayment options, and quick loan sanctions. For details like a loan application process and an education loan interest rate, get in touch with us today!