Tuition for the Aalto University School of Business Master in Management is Free (EU/EEA/Switzerland) · €15,000/year (~€30,000 total) for non-EU/EEA for the 24 months program.
| Total tuition | Free (EU/EEA/Switzerland) · €15,000/year (~€30,000 total) for non-EU/EEA |
|---|---|
| Tuition (numeric) | Free (EU/EEA) |
| Program length | 24 months |
| Median tuition (80 euro-priced MiMs we track) | €23,157 |
Tuition is free for EU/EEA students at Aalto University School of Business, placing the Aalto University School of Business MiM among the most affordable Master's in Management in Europe. See how it stacks up on our cheapest MiMs in Europe and best-value shortlists.
Tuition figures are the published rate for the 2026–27 cycle and exclude living costs, travel, and optional exchange fees. Scholarships and need-based aid can materially reduce the net cost — see the FAQs below.
Frequently asked questions
Which Aalto programme is the "Master in Management"?
The closest equivalent — and the degree most applicants searching for an Aalto MiM are looking at — is the Master's Programme in International Management, renamed for 2026–27 from its previous name, Global Management. It is a two-year, 120-ECTS, English-taught Master of Science (Economics and Business Administration) focused on strategy, business development, leadership and cross-cultural management. It is also the host degree for Aalto's CEMS Master in International Management. Aalto's School of Business offers other MSc majors (Marketing, Finance, Information and Service Management and more), but International Management is the general-management, CEMS-linked track.
How much does the Aalto MSc in International Management cost?
Tuition is free for citizens of the EU, EEA and Switzerland — Finland does not charge tuition to students from these countries. Non-EU/EEA citizens pay EUR 15,000 per academic year, roughly EUR 30,000 over the two-year programme, with Aalto scholarships available that can cover 50–100% of the fee for strong fee-paying applicants. Helsinki-area living costs are significant — budget around EUR 800–1,200 a month for rent, food and transport — so the living budget, not tuition, is the main cost for EU/EEA students.
When is the Aalto application deadline?
Aalto runs a single annual application window, set university-wide for all of its two-year master's programmes, opening in early December and closing in early January for the following August intake. For autumn 2027 it runs 7 December 2026 to 5 January 2027, closing at 15:00 Helsinki time. Note that the form deadline is not the only one: documents must be uploaded by 12 January 2027, results are published on 30 March 2027 and the study place must be accepted by 21 April 2027. There are no rolling rounds, so a missed deadline means waiting a full year, and the tuition-fee scholarship is decided as part of the same application. Read the dates on Aalto's central admissions page rather than the programme page — as of 4 September 2026 the programme page still showed the closed 2026 window.
What is Aalto known for, and where do graduates work?
Aalto University School of Business traces its history to the Helsinki School of Economics, founded in 1911, and in 2007 became the first business school in the Nordics to earn the AACSB accreditation — it now holds the full AACSB/EQUIS/AMBA triple crown. It is deeply tied to Finland's economy, which skews toward technology, engineering-led industry, design and a fast-growing startup scene (Aalto is the home university of the Slush startup movement). Graduates move into management consulting, technology, finance and the strategy functions of large Nordic corporates. Aalto does not publish a Financial-Times-style weighted salary for this programme, so we don't quote one; confirm current outcomes with Aalto Career Services and the programme page.
Sources
- Aalto — International Management, MSc (Economics & Business Administration): tuition, duration, admission groups, English requirements, CEMS term, structure. RE-READ 2026-09-04, and the programme page is a cycle behind the central one: its "Application period" field still reads "1 Dec 2025 – 2 Jan 2026" — the window that closed for the autumn-2026 intake — while Aalto's Admission Services page publishes 7 Dec 2026 – 5 Jan 2027 for autumn 2027. Same read is the source for the Pekka Mattila Excellence Scholarships: a €3,000 relocation grant for fee-liable applicants to the Marketing and International Management programmes only, requiring a SEPARATE form after the programme application (due 20 March 2026 at 15:00 for the 2026 admissions; no 2027 date published yet), and "not compatible with the Aalto University Excellence Scholarship" ↗ — Aalto University
- Aalto — Scholarships and tuition fees (€15,000/yr; EU/EEA/Switzerland exempt) ↗ — Aalto University
- Aalto — Apply to master's programmes (autumn-2027 application window: 7 Dec 2026 – 5 Jan 2027, stated verbatim as "The application period for studies beginning in autumn 2027 will run from 7 December 2026 to 5 January 2027"). SCOPE CHECKED 2026-09-04, full schedule read the same visit: the page is Aalto's central Admission Services page and opens "The application period for Aalto University's two-year master's programmes is once a year", so this is a university-wide window covering all two-year master's, not a programme calendar — and it is the right source for this programme. Its "Master's admissions schedule" table carries four dates beyond the closing one: document deadline 12 Jan 2027 15:00 (UTC+2), evaluation Jan–Mar 2027, results published 30 Mar 2027, and the deadline to accept a study place 21 Apr 2027 15:00 (UTC+3). Also on the page: an applicant "may apply to a maximum of two study options" and must rank them, and the ranking cannot be changed once the period closes. Note the URL now resolves to /en/admission-services/apply-to-masters-programmes ↗ — Aalto University
- Aalto School of Business — Accreditations and rankings (AACSB/EQUIS/AMBA triple crown; first Nordic triple-crown school) ↗ — Aalto University
- Aalto — The School of Business turns 110 in 2021 (Helsinki School of Economics founded 1911) ↗ — Aalto University
- Aalto — Apply to master's programmes, section "Admission groups in the field of business and economics and GMAT/GRE". READ AT SOURCE 2026-09-10 and this is the source of the correction on this profile: "ADMISSION GROUP 1: Bachelor's degree from a university in Finland" and "ADMISSION GROUP 2: Bachelor's degree from a university of applied sciences in Finland or from a higher education institution outside Finland", followed by "In Admission Group 2, all applicants are required to have taken either the Graduate Management Admission Test (GMAT) or the Graduate Records Examination (GRE), except for the study option of Yritysjuridiikka (taught in Finnish)." The group is set by the degree that grants eligibility, i.e. the bachelor's, NOT by grade point average. The one bridge into Group 1 from outside Finland is stated verbatim for this programme: applicants to International Management and Sustainable Entrepreneurship holding a bachelor's from "an official partner university of Aalto University School of Business" who completed part of it on exchange at the School of Business "are not required to submit a GMAT or GRE test", provided the exchange fell between 1 August 2024 and 31 December 2026, carried "minimum 18 credits" for one semester or "minimum 36 credits" for two, and was completed "with a minimum 3,50 GPA" — which is where the 3.50 figure this profile previously misattributed to a general GPA route actually belongs ↗ — Aalto University
- Aalto — GMAT and GRE exams (minimum test score requirements table, read at source 2026-09-10). Aalto's own words: "In Admission group 2, the Graduate Management Admission Test (GMAT) or the Graduate Records Examination (GRE) is obligatory." The table gives, per study option, Admission Group 1 then Admission Group 2. INTERNATIONAL MANAGEMENT: Group 1 "Not required"; Group 2 GMAT (10th Edition) 600, GMAT Focus Edition 555, GRE 157 v / 158 q — the top band, shared only with Business Analytics, against 550 / 515 / 154v-155q for the other nine English-taught options. Also on the page: scores are "valid for five years after the test day" (for 2027 admissions the oldest acceptable test date is 7 December 2021); "The official test scores must arrive at Aalto University directly from the testing organisation by 12 January 2027"; the three tests are treated as equivalent; and "The GMAT/GRE is not a language test and therefore cannot substitute for a language test." NOTE THE ROUTE: the slug is /gmat-and-gre-exams — the guessed /business-and-economics-gmatgre-exams 404s, and Aalto serves a 12 KB 404 body that still contains the phrase "tuition fee" from its own navigation, so assert the status code and a string only the real page carries ↗ — Aalto University