Aalto University School of Business Scholarship
The Aalto University School of Business Scholarship covers either 50% or 100% of tuition for non-EU/EEA students admitted to the School's Master's programmes — applied across the full two-year degree. Selection is automatic during admission review and based purely on academic merit. The Aalto School of Business is triple-accredited (AACSB, EQUIS, AMBA) and consistently ranked the top business school in the Nordic countries. Master's programmes in English include Strategy, Management & International Business, Marketing, Information & Service Management, Accounting, and Economics. Strong fit for Sri Lankan first-class graduates targeting Nordic / EU business careers — Helsinki is increasingly a fintech and gaming-industry hub.
Open for August 2027 entry — Aalto Master's application deadline 8 January 2027 via Studyinfo.fi. Dates follow the same annual pattern — confirm the current round before applying.
Aalto University School of Business
University-funded
emoji_events Award Overview
Tiers
50% or 100% Tuition Waiver
Duration
2-Year Master's (120 ECTS)
Selection
Automatic at Admission Decision
info How this award actually works
Who awards it
Aalto University School of Business — not Lanka Scholar. We are not the awarding body and cannot grant, reserve or guarantee this award.
How you are considered
Through your admission application. Awards like this are usually assessed automatically from the application you already submit — there is typically no separate scholarship form to fill in.
What it covers
50% or 100% Tuition Waiver (Two Tiers). This is a reduction in tuition, not a full ride. You still fund the remainder, plus living costs and the balance your visa requires you to show.
Where we come in
We make the admission application strong enough to be competitive — course choice, documents, references and deadlines. The funder makes the decision.
fact_check Eligibility Criteria
Non-EU/EEA Fee-Paying Citizen
Reserved for citizens from outside the EU/EEA/Switzerland required to pay tuition at Finnish universities. Sri Lankan passport holders qualify automatically.
Admitted to an Aalto Business Master's
You must apply for and be admitted to one of the Aalto School of Business's English-taught Master's programmes. The scholarship is specific to the Business School — Aalto's Engineering and Arts/Design schools have their own scholarship schemes.
Strong Bachelor's Degree
Selection ranks applicants strictly on academic merit — undergraduate GPA, relevance of Bachelor's to the chosen Master's, and (where required) GMAT/GRE score. Sri Lankan first-class Bachelor's holders from Moratuwa, Colombo, Jayewardenepura, or international Bachelor's degrees present competitively.
English Proficiency
IELTS 6.5 (with at least 5.5 in writing) or TOEFL iBT 92+ is the standard requirement. Aalto may waive the English test for applicants whose Bachelor's degree was taught entirely in English — confirm per programme.
account_tree Application Process
Apply via Studyinfo.fi
Submit your Aalto Master's application via Finland's central admissions portal (Studyinfo.fi) by 8 January 2026. Apply to up to 6 Finnish programmes, with Aalto School of Business as one of your choices. Pay the application processing fee (€100 for non-EU applicants).
Upload supporting documents
Upload required documents to Studyinfo.fi: official transcripts, degree certificate (or expected graduation date), English language certificate, CV, motivation letter, and (for some programmes) GMAT/GRE.
Automatic scholarship ranking
No separate scholarship form — every admitted non-EU/EEA applicant is automatically ranked for the scholarship based on academic merit. The top tier of admitted applicants receives the 100% waiver; the next tier receives 50%.
Decision with admission offer
Scholarship outcomes are communicated together with the admission offer — typically March-April 2026. Awards are automatically applied to your tuition invoice. Renewal in year 2 is contingent on earning at least 60 ECTS in year 1 with a minimum grade average.
Why Aalto?
The Aalto School of Business is triple-accredited (AACSB, EQUIS, AMBA) and consistently the top-ranked business school in the Nordic countries. Helsinki has rapidly become a Nordic tech and fintech hub — Wolt, Supercell, Rovio, and Nokia all actively recruit Aalto graduates. Finland also offers a 2-year post-study residence permit for non-EU Master's graduates.
Triple
AACSB + EQUIS + AMBA
#1 Nordic
Aalto Business School Ranking
2 yrs
Post-Study Residence Permit
Looking for a scholarship because of the cost?
Then start here instead. Scholarships are competitive, usually partial, and decided by someone else — they are the least reliable way to make studying abroad affordable. Your destination and course choice move the number far more, and both are entirely within your control.
Work out your real number
Tuition, living costs, visa funds and flights for your destination — so you know the gap you are actually trying to close.
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The full catalogue, cheapest tuition first. Changing course or country saves far more than most awards are worth.
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Tuition, living costs and the total first-year figure for Finland, in LKR as well as local currency.
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Every student visa requires you to show funds. Find out what you need before you commit to an application.
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