Master’s Double Degree Programme in Sustainability Reporting and Financial Analysis
Umeå, Sweden
DURATION
1 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
15 Jan 2025
EARLIEST START DATE
01 Sep 2025
TUITION FEES
SEK 133,300 / per year *
STUDY FORMAT
On-Campus
* for non-EU/EEA students I EU/EEA Citizens are not required to pay fees
Introduction
In this double degree programme, you will study accounting and finance with a strong sustainability perspective. Graduates can pursue careers as sustainability experts in areas like sustainable finance and CSRD compliance, while also being well-prepared for roles in traditional finance and accounting. The programme's unique integration of sustainability, along with its international scope, equips you to make a real impact in shaping sustainable business practices.
Since there is an increasing need for professionals who can deal with the global challenges and institutional regulation related to the financial and ESG reporting requirements, this programme was designed as a response to this need. Especially the EU Sustainable Finance Framework has been, and will be, increasing demands on knowledgeable finance and auditing professionals in corporations and audit firms.
The Master's programme in Sustainability reporting and financial analysis will offer its students knowledge and education in sustainable finance, financial and ESG analysis, and sustainability reporting competencies and skills required to meet the needs of the job market. This programme is also the first one year master's programme by an university or business school in Finland.
The students will be taught both science-based decision making and understanding theories as well as how to use their knowledge in real-life cases and current challenges. This way the students get the best of both world - both the academic, more theory-heavy knowledge and practical knowledge from real-world cases.
The programme will be taught full-time in English, full-time and on-site in both Umeå and Vaasa. This means that the students graduating from the double degree programme will receive degrees from both universities. At the centre of this programme is the idea of the students participating in so-called experimental learning projects, where theory meets practice and the students will be addressing real-world financial and non-financial reporting challenges.
Why choose a one-year double degree master's programme?
This focused one-year program not only provides a unique educational experience in two dynamic environments but also awards you a desirable double degree focusing on highly relevant topics for a career in business.
Graduates of this program will be uniquely positioned to pursue a career as sustainability experts in accounting or finance. Graduates will receive an educational background which makes them suitable to work with both traditional tasks within finance and accounting as well as with sustainable finance and the new CSRD directives, which will have a big impact on both large and small corporations. The program's international character provides good opportunities for a career abroad.
In this double degree program, you'll study accounting and finance with a strong sustainability perspective at two leading Nordic business schools. Graduates can pursue careers as sustainability experts in areas like sustainable finance and CSRD compliance, while also being well-prepared for roles in traditional finance and accounting. The program's unique integration of sustainability, along with its international scope, equips you to make a real impact in shaping sustainable business practices.
Admissions
Scholarships and Funding
Hanken's Scholarship Scheme
- Scholarships are granted to students who are liable for tuition fees.
- Applying for a scholarship will not affect your application to the Master's Degree Programme.
- The scholarships at Hanken are merit-based. All scholarships are awarded based on the applicant's academic excellence in previous studies and applicable test score results.
- All scholarship requirements demand the receiving students to keep a good pace with their studies. Annual check-ups are done to ensure that the student will graduate within two academic years.
- A student can only receive one scholarship which includes a re-location or living expenses grant.
Curriculum
Fall
Financial Analysis, Sustainability and Reporting
- Financial Reporting and Analysis
- Advanced corporate finance
- Advanced financial and Sustainability Reporting
- Risk management
Spring
Sustainable finance, ESG analysis and thesis project
- Financial modelling using MS Excel and VBA
- Sustainable Finance
- Financial reporting and ESG Analysis
- Thesis project
During the first semester, you will study at Umeå School of Business, Economics and Statistics (USBE), where you will study our 30 ECTS courses, Financial Analysis, Sustainability and Reporting, you will study different modules, Financial Reporting and Analysis, Advanced Management Accounting, Advanced Financial and Sustainability Reporting, and Risk Management. These modules will give you a deep understanding of topics that are essential in the current business landscape. All modules integrate sustainability perspectives into the key themes of the corresponding modules.
During the second semester, you will study at Hanken School of Economics, where the courses will focus on areas such as Financial Modelling, Sustainable Finance and ESG Analysis. You will also write your master's thesis at Hanken School of Economics. After completing the master's program, you will receive two degrees, one from each business school.
Application information can be found on USBE's website since the application is done through the Swedish universityadmissions.se portal.
Career Opportunities
Graduates of this program will be uniquely positioned to pursue a career as sustainability experts in accounting or finance, for example, Financial analyst, CFO, Chief accountant, and Controller. Graduates will receive an educational background which makes them suitable to work with both traditional tasks within finance and accounting as well as with sustainable finance and the new CSRD directives, which will have a big impact on both large and small corporations. The program's international character provides good opportunities for a career abroad. The program will also give you eligibility to apply for PhD positions at USBE.
Why study at Hanken School of Economics
As Hanken is a research-oriented university-level business school, research-based studies are a given. Our students receive an education that gives them the tools to take on the future's challenges; to think analytically and to communicate effectively for both academic and business purposes. Sustainability being one of Hanken's core values means that our students understand the implications of social responsibility and sustainable development, from an international perspective.
Why choose Umeå School of Business, Economics and Statistics (USBE)?
Umeå School of Business, Economics and Statistics (USBE) is a university-integrated business school located at Umeå University Campus. USBE is known for its high quality of education, research, interaction with external stakeholders and its strong focus on internationalization. They are proud that their students, lecturers, and researchers represent a stimulating mix of people from different countries and cultures around the world.
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.