Master’s in Industrial Engineering and Management
This interdisciplinary programme at the University of Vaasa merges engineering expertise with business acumen, preparing students to lead complex industrial systems, manage strategic projects, and drive innovation in global organizations. The degree awarded is either a Master of Science in Technology or a Master of Science in Economics and Business Administration, depending on the chosen major.
- You can start the process for just 5000 rupees
- Post-study work visa for 2 years
- 90% Placement rate
Intakes
January,February,September,October
Duration
2 years
Application Deadline
August
Fees
€14,000
Campus Location
Finland
Students can choose from three distinct majors, each aligned with specific career paths and industry needs:
Industrial Management (M.Sc. Econ & Bus Admin) Focuses on supply chain management, operations, and technology-driven innovation. Ideal for students with a business or technology background.
Industrial Systems Analytics (M.Sc. Tech) Emphasizes data-driven decision-making, systems engineering, and quantitative analysis. Designed for students with an engineering or technical background.
Strategic Project Management (M.Sc. Tech – Seinäjoki campus) Prepares students to lead complex projects across industries, integrating service design, portfolio management, and transformation strategies.
The programme offers a blend of theoretical depth and practical application:
Courses in supply chain logistics, innovation management, and operations
Systems engineering, lean six sigma, and simulation modeling
Machine learning and data analytics for industrial systems
Strategic project planning, risk control, and service design
Group assignments, case studies, and company-based research projects
Thesis seminars and business competitions to enhance presentation skills
Hybrid learning options and collaboration with local energy companies
Graduates are equipped for leadership roles in both engineering and business domains. Common career paths include:
Industrial Manager
Operations Manager
Supply Chain Analyst
Project Manager
Systems Analyst
Innovation Strategist
Business Development Lead
Consultant in manufacturing, logistics, or energy sectors
The programme also provides eligibility for doctoral studies and professional certifications like IPMA.
For non-EU/EEA students, the tuition fee is €14,000 per academic year. Scholarships are available:
Early Payment Waiver: €6,000 discount for students who pay within 21 days of acceptance
Academic Excellence Scholarship: €4,000–6,000 based on GPA and study progress
Second-Year Achievement Scholarship: €6,000 for completing 60 ECTS in Year 1
Finnish Language Bonus: €1,000 for completing Finnish language courses
Students should budget €1,000–1,100 per month for living expenses in Vaasa.
The programme offers two application routes:
Joint Admission
Opens: January 8, 2025
Closes: January 22, 2025
Studies begin: Autumn 2025
Rolling Admission
Opens: October 21, 2024
Closes: April 30, 2025
Studies begin: Autumn 2025
Early application is recommended for better scholarship and seat availability.
Eligibility depends on the chosen major:
For Industrial Management (M.Sc. Econ & Bus Admin):
Bachelor’s degree in business, technology, or related fields
Minimum 35 ECTS in academic business subjects (e.g., finance, operations, marketing)
GPA of at least 3.00/5 (ECTS scale)
Proof of English proficiency: IELTS 6.5, TOEFL iBT 92, or equivalent
Conditional admission possible for students graduating by July 10, 2025
For Industrial Systems Analytics or Strategic Project Management (M.Sc. Tech):
Bachelor’s degree in engineering, IT, or quantitative sciences
Strong foundation in systems, analytics, or project management
Same GPA and English requirements as above
Applicants must follow country-specific document submission guidelines and meet deadlines strictly.
Application process
Our admissions close once the requisite number of students is enrolled in the upcoming cohort. Apply early to secure your place.
1. Apply Online
Fill out the online application form. No additional tests or prerequisites required.
2. Pre-Screening
Our program team will contact you to confirm your eligibility.
3. Application Assessment
If selected, you will be offered a seat in the upcoming cohort. Pay the fee to secure your seat
4. Join the program
Once accepted, you will receive an official offer letter with instructions on how to pay and join the program. Limited Seats Available
Limited seats available
Apply today and become a Analytics Expert
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