Finland is a country of extremes, where long, dark, winter nights contrast with endless sunlight throughout the summer. It is home to some of the most dramatic landscapes in Europe – nature-lovers will never tire of exploring its 188,000 lakes and 180,000 islands as well as the forests that comprise 75% of its total land area. Around 20% of the country’s population resides in the capital, Helsinki, which ranks among the world’s best cities in terms of quality of life. The contrasts that exist throughout Finland make it a fascinating place to live, and there is no happier country in the world according to the UN’s World Happiness Report.
Finland’s unique education system is considered to be one of the best in the world. An increased focus on pedagogy – the art of teaching – is part of teacher training in Finland, while thriving tech and gaming industries make teaching materials innovative and cutting-edge. In fact, the Finnish education system is so respected that they actually export their education program worldwide. Despite a population of just 5.5 million, you will find several Finnish universities in global university rankings and they regularly outperform larger nations in higher education. A degree from a Finnish university is held in high regard all over the world and could leave you with bright job prospects.
Finland has one of the highest costs of living in Europe. The cost of a Master in Finland is likely to cost between EUR€30,000 and €40,000, depending on the prestige of the program and institution. Monthly living expenses are around EUR€700-1,000, but you may need a higher budget to live in Helsinki. To obtain a residence permit in Finland, you need to show proof of sufficient funds, amounting to EUR€560 per month.
Students from the EU/EEA are not required to obtain a student visa to study in Finland. Non-EU/EEA nationals need to apply for a continuous residence permit (an A permit) to complete a higher education degree in Finland. You need to provide documents like proof of acceptance, certificate of (health) insurance, proof of paid tuition fee, and others.
Finland has an education system that is admired around the world. Its top-ranked universities globally include the University of Helsinki, Aalto University, and the University of Turku. Aalto University School of Business and Hanken School of Economics are the only triple-accredited business schools in Finland. On the Financial Times European Business School Rankings 2021, Aalto University ranked #38 while Hanken School of Economics ranked #75 in Europe.
Finland has a strong economy with a high GDP per capita and low levels of unemployment. An aging population and declining birth rate mean there are likely to be skills shortages for graduates to fill in the coming years. Although a high proportion of the population holds a degree-equivalent qualification or higher, the percentage of Finns with a degree in the fields of business, administration, and law is noticeably lower than in other European countries. This may make a business degree or Master in Finland particularly valuable.
There are around 23,000 international students in Finland, representing 8.2% of the country’s total student population, which is marginally above average in Europe.
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