LUT School of Business and Management is among the world’s top 200 business schools in the latest Times Higher Education (THE) World University Rankings 2020 for business and economics subjects.

Table of Contents

Overview

LUT University is a pioneering science university in Lappeenranta, found in 1969. LUT University brings together the fields of Science and Business. They welcome students worldwide to apply to their international Master’s programs in Technology and Business Administration and Bachelor’s program in Technology.

LUT University performs well in international university rankings:

  • Times Higher Education (THE) World University Ranking 2020 – among the world’s top 200 business schools. Overall LUT University ranks in the top 400 universities.
  • QS World University Ranking 2020 – top 500 (#470)
  • Shanghai Ranking (ARWU) – among the top 801-900 universities

The city of Lappeenranta was one of two winners of the 2021 European Green Leaf Award for being “Europe’s greenest city.”

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Semester Starts

August/September 2024

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Application period

Bachelor’s:

Rolling Admission: 25.10.2023 – 10.05.2024

Master’s:

Early Admission: 06.10.2023 – 10.11.2023
Regular Admission: 24.11.2023 – 12.01.2024

*Check specific dates from the program page

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Tuition Fees

Bachelor’s: 9 000 – 9 500 € / year
Master’s: 13 500 €/ year

LUT University - Photo credit: LUT University
Credit: Teemu Leinonen, LUT

LUT University has an international community of around 6,000 students and experts. This includes over 500 full-time international students of around 80 different nationalities. Therefore, the LUT campus has a truly multicultural atmosphere.

Address

Skinnarilankatu 34,
53850 Lappeenranta
Finland

Website

LUT University

LUT University has also great connections to working life – the employment rate for graduates is 93-97 %. The University has strong links with the business community. For example, the Finnish business journal ‘Talouselämä’ has ranked LUT University as the best university in business technology cooperation in Finland.

LUT University focuses on solving problems concerning clean energy and water, circular economy, and sustainable business. Their expertise in clean energy is reflected on the Green Campus, which is a unique research and study environment. The Green Campus also supports the University’s research-based startup companies.

Lappeenranta University of Technology campus, Finland Europe
Photo credit: Teemu Leinonen, Lappeenranta University of Technology

Over 92% of international students of LUT University were satisfied with their student experience, according to the International Student Barometer 2017. Students were extremely satisfied with the campus area and its eco-friendliness, which was ranked first in the world. Also the university’s learning spaces, laboratories, online library and arrival services were ranked number one by LUT students.

Student life at LUT University is more than just studying a degree. The wide range of clubs and student associations, as well as the surrounding nature, provide memorable experiences ranging from culture to extreme sports.

In addition, LUT University has a wide range of international partners in nearly 50 different countries. These partnerships add value through joint research and education projects. As a result, LUT University creates world-class opportunities for the mobility of students, teachers, and researchers.

  • Close to the Russian border, Lappeenranta is a cosmopolitan city full of abundant business opportunities because of its important strategic location.
  • Strong expertise on clean energy and water, circular economy, and sustainable business, which is reflected on the Green Campus.
  • Located in Finnish Lakeland and on the shore of the fourth largest lake in the whole Europe, Saimaa, which is the only place in the world to see Saimaa ringed seals, one of the rarest seals in the world.

Are you interested to know how it looks like to study at LUT University? Check out our students’ stories:

STUDY PROGRAMS

Admission criteria

The application process is fast and simple. The students are accepted on a first-come, first-served basis which means that if you meet the minimum criteria, you can get your acceptance within a month. 

  • Guaranteed admission for bachelor's degree

    Our Pathway to Finland program (Study Track: Engineering & Technology) offers guaranteed access to LUT’s Technology and Engineering Science degree.

    Admission requirements:

    Students are admitted on a first-come, first-served basis.

  • Admission requirements for bachelor's degree

    Make sure you have all the following documents ready when you fill out the application form.

    Requirements

    • Upper secondary education certificate
    • Upper secondary education transcript of records
    • Upper secondary education curriculum
      • a curriculum contains a list of courses and their contents; it is not equivalent to the Transcript of Records. Applicants must include the curriculum outlining the contents and outcomes of the mathematics courses of their Upper Secondary degree. Please note that the curriculum must cover the complete duration of upper secondary school, a curriculum for one year only is not sufficient.
    • English language test certificate
    • Copy of your passport (ID page)

    Note: Original certificates must be shown when arriving in Finland. All documents need to be translated to either Finnish, Swedish or English, if the original document is in none of those languages. The translations need to be signed and stamped by an authorized translator.

    Educational Background

    • Must complete an upper secondary degree outside of Finland by 31 August 2024
    • The required grades are as follows on a scale from 0% to 100%:
      • Arithmetic grade average: 70%
      • Advanced mathematics: 80% (Computational Engineering programme requires score of 90%)
      • Mathematics and natural sciences: 80%

    Selection Method:

    1.) Mathematics curriculum + English Certificate

    • You must submit a copy of Mathematics Curriculum for the upper secondary degree 
    • The document must be an official one, meaning that it has been published by an institution, board or ministry, for example.
    • The following areas of advanced mathematics must be included in the Mathematics Curriculum for the upper secondary degree – Mathematics Curriculum

    Note: a curriculum contains a list of courses and their contents; it is not equivalent to the Transcript of Records. Applicants must include the curriculum outlining the contents and outcomes of the mathematics courses of their Upper Secondary degree. Please note that the curriculum must cover the complete duration of upper secondary school; a curriculum for one year only is not sufficient.

    2.) Cambridge International A Levels + English Certificate

    Required grades:

    • Grade average: B
    • Advanced mathematics: A
    • Mathematics and natural sciences average: 

    3.) SAT Test

    No additional requirement for proving your proficiency in English or your advanced mathematics skills in any other way

    • Minimum requirements for the SAT test results:
      • Evidence-Based Reading and Writing, 550
      • Math, 650
    • Only the tests taken after 1 January 2021 are accepted.
    • College Board must submit the results to LUT directly, and the results must be available when the application is being processed.
    • To get your test results submitted to LUT University, please choose LUT University as a score recipient when registering for the SAT tests – the institutional code required is 7603.
    • SAT Test dates and registering for the tests

    Language Requirements

    • Cambridge B2 First: 170
    • Cambridge International IGCSE: First language English – Syllabus 0500 and 0990
    • TOEFL iBT & TOEFL iBT Home Edition: Minimum overall score of 80 iBT with a minimum score of 20 in writing    
    • IELTS Academic or IELTS Online: Minimum overall score: 6.0 with a minimum score of 5.5 in writing
    • PTE Academic or PTE Academic Online: 60
    • C1 Advanced – C
    • C2 Proficiency – C
    • completed a upper secondary or higher education degree in English at a higher education institution located in the following countries: EU or EEA country, Australia, Canada, Ireland, New Zealand, Switzerland, the UK or US.

    Note: All language test results accepted by LUT University are valid for two years from the date of taking the test.

  • Admission requirements for Master of Science in Economics and Business Administration

    Make sure you have all the following documents ready when you fill out the application form.

    REQUIREMENTS

    • Bachelor’s degree certificate
    • Transcript of Records (bachelor’s degree)
    • Passport ID page OR official ID card indicating nationality
    • A document explaining the credit system used during the bachelor studies (Grading System)
    • English Language Proficiency certificate
    • Program-specific Requirements
      • Some of the master’s degree programs require program-specific documents, such as CV or motivational letter. Please consult in advance which documents you need to submit from this link: LUT – Program-specific requirements

    EDUCATIONAL BACKGROUND*

    For Early Admission:

    • 80 ECTS credits of studies in Business Administration is included 
    • GMAT Exam or GRE General Test is optional (but higher arithmetic GPA and higher results for the language tests are required) 
    • You must also meet the minimum required ECTS: LUT University minimum ECTS (prev program related studies) 

    NOTE: If you have completed a Master’s Degree in Economics or Business Administration (or equivalent) at the time of applying or before starting LUT studies, you are not eligible to apply. Completing a Master’s Degree in Business Administration makes you eligible to apply only with a Bachelor’s Degree.

    For Regular Admission: 

    • Applying with Bachelor of Science in Economics and/or Business Administration 
      • 80 ECTS credits of studies in Business Administration is included 

    NOTE: If you have completed a Master’s Degree in Economics or Business Administration (or equivalent) at the time of applying or before starting LUT studies, you are not eligible to apply. Completing a Master’s Degree in Business Administration makes you eligible to apply only with a Bachelor’s Degree. 

    • Applying with Bachelor’s Degree in a field other than Business Administration 
      • 24 ECTS credits of studies completed in Business Administration required. 
      • GMAT or GRE General  

    NOTE: Having completed a Master’s Degree still makes you eligible to apply, but only when applying with the Bachelor’s Degree. 

    Additionally, you must also meet the minimum required ECTS: LUT University minimum ECTS

    *Educational document copies need official certification, with country-specific requirements depending on where the degree was completed. 

    GMAT/GRE* 

    For Early Admission:

    Applying With GMAT or GRE Test:

    • GMAT Exam & GMAT Online Exam: 550  
    • GMAT Focus Edition: 515  
    • GRE General Test & GRE General Test at Home: Verbal Reasoning 152 + Quantitative Reasoning 152 + Analytical Writing 3.0  

    Applicants without GMAT or GRE can apply, but they must have a higher GPA in arithmetic and language tests. 

    For Regular Admission:

    • GMAT Exam & GMAT Online Exam: Total score 550 
    • GMAT Focus Edition: Total score 515 
    • GRE General Test & GRE General Test at Home: Verbal Reasoning 152 + Quantitative Reasoning 152 + Analytical Writing 3.0 

    *The results for the GMAT and GRE tests are valid for 5 years from the date of taking the test. Further information for sending scores: GMAT Tests & GRE Tests 

    MIN. ARITHMETIC GPA

    The arithmetic GPA evaluated in the LUT selection process is an arithmetic average of all individual study records included in the degree and graded with numbers (including the Final Thesis and excluding the grades for all the fails) 

    For Early Admission:

    • Without GMAT or GRE: 4.20 on the scale of 1.00 – 5.00 
    • With GMAT or GRE: 3.50 on the scale of 1.00 – 5.00 

    For Regular Admission:

    • 3.00 on the scale of 1.00 – 5.00 
      • Business Analytics 
      • International Marketing Management 
      • Supply Management 
      • International Business and Entrepreneurship 
    • 3.25 on the scale of 1.00 – 5.00  
      • Strategic Finance and Analytics 

    LANGUAGE REQUIREMENTS 

    A proof of English proficiency is required for all degrees at LUT University. You will need to take at least one of these tests with the following scores: 

    Applying in Early Admission without GMAT/GRE: 

    • TOEFL: 101 
    • IELTS: 7.0 (IELTS Indicator is no longer an option but is accepted within the timeframe of validity) 
    • PTE: 72 
    • Cambridge English: C1 Advanced Pass on level  A, B or C 
    • Cambridge English: C2 Proficiency Pass on level  A, B, C or C1 
    • a degree in higher education completed in English in an EU/EEA country or in Australia, Canada, Ireland, New Zealand, Switzerland, UK or USA 

    Regular Admission & Applying with Early Admission with GMAT/GRE:  

    • TOEFL: 90 
    • IELTS: 6.5  (IELTS Indicator is no longer an option but is accepted within the timeframe of validity) 
    • PTE: 62 
    • Cambridge English: C1 Advanced Pass on level  A, B or C 
    • Cambridge English: C2 Proficiency Pass on level  A, B, C or C1 
      • Note: Only C1 Advanced and C2 Proficiency from Cambridge tests are accepted; others are not. 
    • a degree in higher education completed in English in an EU/EEA country or in Australia, Canada, Ireland, New Zealand, Switzerland, UK or USA 

    VALIDITY: The language test results are valid for two years from the date of taking the test and your test result must be a valid one on the first day of the related application period. 

    • Regular Admission: Test dates before 1 December 2021 will not be accepted. 
    • Early Admission: Test dates before 15 October 2021 will not be accepted. 

    INTERVIEW* 

    For Early Admission:

    If your application meets the academic requirements for the program, you will receive an interview invitation.

    For Regular Admission:

    The evaluation includes scoring applicants on various elements such as educational background and other program-specific requirements. A limited number of applicants with the highest points will be invited to an interview.

    *Remember to check your junk mail as for the invitation.Programs with interview 

    ECTS CONVERSION 

    In case of your courses not originally listed in ECTS credits on your Transcript of Records, you are responsible for converting the original study units (credits, credit hours etc.) to ECTS credits according to the following conversion.More details about ECTS

  • Admission requirements for Master of Science in Technology

    Make sure you have all the following documents ready when you fill out the application form.

    REQUIREMENTS

    • Bachelor’s degree certificate
    • Transcript of Records (bachelor’s degree)
    • Passport ID page OR official ID card indicating nationality
    • A document explaining the credit system used during the bachelor studies (Grading System)
    • English Language Proficiency certificate
    • Program-specific Requirements
      • Some of the master’s degree programs require program-specific documents, such as CV or motivational letter. Please consult in advance which documents you need to submit from this link: LUT – Program-specific requirements

    EDUCATIONAL BACKGROUND*

    For Early & Regular Admission: 

    You would also need to meet the minimum required ECTS: LUT University minimum ECTS

    NOTE: Having completed a Master’s Degree still makes you eligible to apply, but only when applying with the Bachelor’s Degree 

    MIN. ARITHMETIC GPA

    The arithmetic GPA evaluated in the LUT selection process is an arithmetic average of all individual study records included in the degree and graded with numbers (including the Final Thesis and excluding the grades for all the fails) 

     For Early Admission:

    • 3.50 on the scale of 1.00 – 5.00 
      • Electrical Engineering 
      • Global Management of Innovation and Technology 
      • Innovation and Logistics 
    • 3.00 on the scale of 1.00 – 5.00 
      • Chemical Engineering in Energy Transition 
      • Electric Transportation Systems 
      • Industrial Design Engineering 
      • Materials Science and Technology 
      • Mechanical Engineering 
      • Sustainability Science and Solutions 
      • Water Technology 

    For Regular Admission:

    • 3.50 on the scale of 1.00 – 5.00  
      • Data-Centric Engineering 
      • Electrical Engineering 
    • 3.00 on the scale of 1.00 – 5.00  
      • Electric Transportation Systems 
      • Energy Conversion 
      • Nuclear Engineering 
      • Industrial Design Engineering 
      • Mechanical Engineering

    LANGUAGE REQUIREMENTS 

    For Early & Regular Admission:  

    • TOEFL: 90 
    • IELTS: 6.5  (IELTS Indicator is no longer an option but is accepted within the timeframe of validity) 
    • PTE: 62 
    • Cambridge English: C1 Advanced Pass on level  A, B or C 
    • Cambridge English: C2 Proficiency Pass on level  A, B, C or C1 
      • Note: Only C1 Advanced and C2 Proficiency from Cambridge tests are accepted; others are not. 
    • a degree in higher education completed in English in an EU/EEA country or in Australia, Canada, Ireland, New Zealand, Switzerland, UK or USA 

    VALIDITY: The language test results are valid for two years from the date of taking the test and your test result must be a valid one on the first day of the related application period. 

    • Regular Admission: Test dates before 1 December 2021 will not be accepted.
    • Early Admission: Test dates before 15 October 2021 will not be accepted. 

    INTERVIEW* 

    For Early Admission:

    If your application meets the academic requirements for the program, you will receive an interview invitation.

    For Regular Admission:

    The evaluation includes scoring applicants on various elements such as educational background and other program-specific requirements. A limited number of applicants with the highest points will be invited to an interview.

    *Remember to check your junk mail as for the invitation.Programs with interview 

    ECTS CONVERSION 

    In case of your courses not originally listed in ECTS credits on your Transcript of Records, you are responsible for converting the original study units (credits, credit hours etc.) to ECTS credits according to the following conversion.More details about ECTS

  • Application instructions

    Read our general page about how to apply to study in Finland.

Tuition Fees & Scholarship

Tuition Fees

Bachelor’s Studies

For the Bachelor’s programmes starting in the academic year 2022-2023, the tuition fees are:

  • EUR 9 500/each academic year in Bachelor’s Programmes in Technology and Engineering Science and Industrial Engineering and Management

Early Bird discount: When accepted to Technology and Engineering Science or Industrial Engineering and Management you are granted an Early Bird discount of EUR 2000 on your first year’s tuition fee:
The tuition fee must be paid within 21 days of the admission decision.

  • EUR 9 000/each academic year in double degree programmes

Citizens of the non-EU/EEA countries (excluding Switzerland) must pay a tuition fee for their studies in the international programmes in Finland in general and also at LUT University.

Master’s Studies

  • EUR 9 500/each academic year

Scholarships

Bachelor’s Studies

Regular Programs (Technology, Engineering, Science, Industrial Engineering, and Management):

  • First academic year: No scholarships available.
  • Second academic year: 50% scholarships for those who successfully complete the first year (min. 60 ECTS credits).
  • Third academic year: 50% Tuition Fee Waiver for those successfully completing min. 120 ECTS credits in the first and second years.
  • If students continue to a Master’s program after their Bachelor’s at LUT University, the first year of the Master’s program costs EUR 7,500.

Double Degree Programs:

  • Scholarships announced by the end of October each academic year.
  • Three scholarship categories:
    • Category I: 2/3 tuition fee waiver
    • Category II: 1/3 tuition fee waiver
    • Category III: EUR 1,000 tuition fee waiver
  • First-year scholarship calculated from total paid tuition fees, not automatic for the second year.
  • Second and third-year scholarships based on the previous year’s GPA.
  • If students continue to a Master’s program after their Bachelor’s at LUT University, the first year of the Master’s program costs EUR 7,500.

Master’s Studies

Early Bird discount (First Academic Year):

When required to pay a tuition fee, you are offered an Early Bird Discount of EUR 6 000 for the first academic year if confirming your place and paying the rest of the tuition fee of EUR 7 500  within 21 days from the date of having been emailed the official email for being admitted.

Early Bird discount is available in both Regular Admission and Early Admission.

Finland Scholarship (First Academic Year):

  • Eligibility: Applicable to Regular Admission students required to pay tuition fees.
  • Benefits: The Finland Scholarship covers your full tuition fee and provides an additional EUR 5,000 for living expenses during your first academic year.
  • Selection: One Finland Scholarship is awarded for each program (excluding the online Master’s program in Biorefineries). It goes to the admitted student with the highest points in the evaluation process among eligible applicants who have applied for it.
  • Application: You can apply for this scholarship while completing your program application. Please note that the Finland Scholarship is available only in Regular Admission (Master’s program in Biorefineries is excluded).

LUT Scholarship (Second Academic Year):

  • Eligibility: Available to students required to pay tuition fees.
  • Benefits: The LUT Scholarship offers EUR 6,000 for your second academic year if you complete a minimum of 60 ECTS credits as outlined in your personal study plan during the first academic year. With this scholarship, your tuition fee for the second academic year is EUR 7,500.
  • Requirements: Ensure that the required ECTS credits are included in your Transcript of Records by July 31st, concluding the first academic year.

 

Visit LUT’s website for more information: Bachelor’s & Master’s

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