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721330S Master's Thesis in Economics, 30 ECTS cr 
Code 721330S  Validity 01.01.1950 -
Name Master's Thesis in Economics  Abbreviation Master's Thesis 
Scope30 ECTS cr   
TypeAdvanced Studies Discipline6311 Economics 
TypeDiploma thesis   
  Grading1 - 5, pass, fail 
Unit Oulu Business School 

ECTS Credits 

30 credits

Language of instruction 

English. Master’s thesis can be written in Finnish.


Period 1-4 (2nd year of Master’s Programme)

Learning outcomes 

Upon completion of the thesis students can choose and apply appropriate research methods to produce new knowledge and to apply that knowledge to typical business decision-making problems. Students are able to conduct scientific research and make reasonable recommendations for solving business and economic problems. Furthermore, students demonstrate deep and coherent understanding of an academic field of study within their own major. They are able to demonstrate knowledge of the theories, concepts, frameworks and empirical findings of their discipline and understand the connections between various theories in the chosen discipline.

Students will demonstrate deep understanding of their own profession, and are able to use, process and analyze economic and/or business information. Students understand various business processes and operations, and causal connections between them. Finally, students are able to express their ideas effectively and analytically, both in oral and written form.


Most of the work is independent writing of the thesis report, but during the master´s thesis work students participate in seminar sessions in which they present and report the status and advancement of their work. In the seminars, they receive guidance and feedback from their supervisor on how to proceed in and complete their research report.

Mode of delivery 

Online teaching in Moodle environment, Face-to-face teaching in seminar sessions.

Learning activities and teaching methods 

Independent work and face-to-face teaching in seminar sessions. Students prepare and present three reports during the course: 1) Research plan, 2) Intermediate report and 3) Manuscript. The works starts with a kick-off session and the progress and timing of the sessions is agreed on in the kick-off session. Discipline-based kick-off/info sessions are organized in September and May.

Target group 

Students of the Master’s program in Economics

Prerequisites and co-requisites 

723020A Bachelor’s Thesis or another university degree.

Recommended optional programme components 


Recommended or required reading 

Scientific articles and other theoretical and empirical materials collected by the students for their individual study.

Assessment methods and criteria 

Examination through written research report  based on the defined assessment criteria.


The course utilizes a numerical grading scale 1-5. In the numerical scale zero stands for fail.

Person responsible 


Working life cooperation 

Working life cooperation is dependent on the particular project. However, the students will learn problem solving and analytical skills as well as oral and written presentation skills needed for a business graduate in working life. Students deepen their understanding of their own profession.

Other information 

Open only to students of the Master’s program in Economics


Current and future instruction
Functions Name Type ECTS cr Teacher Schedule
Registration Master's Thesis in Economics  Course  30  Jaakko Simonen  13.09.21 -13.05.22

Future examinations
No examinations in WebOodi