Degree level
Master's degree
Start semester
2018 Autumn
Scope of studies and length
120 ECTS credits, 2 years
Language of instruction
English, Finnish, Swedish
Tuition fee per year (non-EU/EEA students)
15000 €

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Are you looking forward to a future as an expert in Agricultural, Environmental and Resource Economics? As a graduate of our Master’s Programme in Agricultural, Environmental and Resource Economics, you can find employment in the national or international market, for example at universities, research institutes, the public sector or in business, or you can become a self-employed entrepreneur.

The Viikki Campus offers optimal resources for studying the unique range of subjects offered by our programme. Upon graduating you will be a professional in applied economics in agricultural, environmental and resource-focused fields. You will be well versed in topics such as climate policy, sustainable agriculture and food security.

The Master's programme comprises two study tracks:

1. Agricultural economics

  • Languages of instruction: Finnish, Swedish, English

2. Environmental and resource economics

  • Language of instruction: English

As a graduate you will be able to:

  • Support decision-making in the public and private sectors in various roles as a consultant, researcher or public servant  
  • Analyse and communicate the impact of policies on fields relating to agriculture, the environment and natural resources
  • Apply economic theories and quantitative methodologies, such as econometrics and numerical modelling, to issues in the field

As a graduate of the studytrack in Environmental and Resource economics you will have the ability to

  • Identify the socio-economic drivers of natural resource use and environmental degradation
  • Analyse the effects of policies on the environment and on natural resource usage
  • Formulate recommendations to support decision-making in both the public and private sectors 
  • Apply microeconomic theory and quantitative methods (econometrics, analytical and numerical dynamic modelling, game theory)

Further information about the studies on the Master's programme website.

Citizens of non-EU/EEA countries, who do not have a permanent residence status in the area and pursue their studies in English, are liable to pay tuition fees. You can check from FAQ at the Studyinfo website whether or not you are required to pay tuition fees.

Find out more about the Be 1* of the Best Scholarship Programme.

The study track in environmental and resource economics is taught only in English. The study track in agricultural economics is taught in English, Finnish and Swedish. It is also possible to complete courses, write the Master's thesis and get supervision in Finnish or Swedish. It is also possible to complete courses, write the Master's thesis and get supervision in Finnish or Swedish. At the beginning of the programme, you select the language of studies and demonstrate your competence in it.

Studytrack: Agricultural economics

After completing the study track in agricultural economics you will be able:

  • To apply the concepts and central theories of agricultural economics.
  • To apply perspectives of economic, ecological and social sustainability.
  • To analyse and develop the business operations of agricultural and rural enterprises as well as intensify production in a sustainable manner.
  • To analyse the operation of agricultural and food markets.
  • To analyse the international political steering of agriculture.

The study track of agricultural economics combines expertise in business administration and economics with knowledge of the special features of agriculture, rural enterprises, the food market and related policies.

Through studies in agricultural economics, you will learn to apply theories and models used to define the profitability and competiveness of agricultural and rural enterprises and the farm-level factors contributing to profitability and competiveness. You will examine the operation of the market and assess various policy options. The studies include practice-oriented assignments that build your decision-making and career skills, and your self-confidence to apply theoretical knowledge in practice.

Studytrack: Environmental and Resource Economics

In this studytrack you will receive a state-of-the-art economic education in environmental and natural resources policy. The courses are divided into three groups:

1. Theoretically focused courses in which you will gain a deep understanding of static and dynamic models and applications of game theory

2. Courses focusing on quantitative methods in which you will gain the ability to run numerical simulations and apply econometric methods

3. Thematic courses focusing on relevant challenges in environmental and resource policy.

Graduates of the Bachelor’s Programme in Environmental and Food Economics can continue directly to the Master’s Programme in Agricultural, Environmental and Resource Economics, provided that they specialised in agricultural, environmental and resource economics for their Bachelor’s degree. In addition, graduates of the Bachelor’s Programme in Agricultural Sciences can continue directly to the study track in agricultural economics, provided that they have completed the module in agricultural economics for their Bachelor’s degree.

Applicants from other programmes and universities must have completed a sufficient amount of studies in economics, mathematics and statistics. Some of these studies may be incorporated into the Master’s degree as optional studies. If there are more applicants than student places, admission will be based on your previous academic performance and the applicability of your Bachelor’s degree.

The scope of the Master’s level studies is 120 credits, including both field-specific advanced studies and optional studies in the field or from other degree programmes. The minimum scope of field-specific advanced studies is 60 credits, 30 of which are accounted for by the Master’s thesis. You are recommended to focus on your Master’s thesis during your second year of Master’s studies.

Studytrack: Agricultural economics

The advanced studies comprise at least two modules of 15 credits. The modules are:

  1. agricultural markets and policy
  2. business economics
  3. rural entrepreneurship
  4. environmental and natural resources.  

In addition, your studies must include at least 15 credits of methodological studies. The studies encompass a practical training period and seminars, and they can include career orientation and career planning. You will also need to complete a personal study plan (PSP).

The scope of optional field-specific studies and studies offered by other degree programmes is 30–40 credits.

Studytrack: Environmental and Resource Economics

The studytrack lasts four semesters, lasting approximately 22 months (1st year beginning of August- 2nd year beginning of June).

1) Core modules (45 ECTS)

  1. Environmental economics
  2. Natural Resource Economics, dynamic optimisation and numerical models
  3. Environmental valuation, applied econometrics and cost-benefit analysis

2) Thematic modules (30 ECTS)

  • Choose two of the following: climate change, of Baltic Sea protection, agricultural economics and agri-environmental policy, forest economics 

3) Internship and Master’s thesis seminar 15 credits (ECTS)

4) Master’s thesis 30 credits (ECTS)

Total 120 credits (ECTS)

Studytrack: Agricultural economics

The Master’s thesis project will enable you to apply and develop your theoretical and methodological skills. Your thesis supervisor will be the professor or a university lecturer in your study track, or another high-level expert in the field. You can write your thesis as part of a research project or in collaboration with a research institute or company. Besides examining the theoretical framework of the thesis, the project involves acquisition of the research material, analysis using appropriate research methods, and drawing conclusions. The length of the thesis will be about 50 pages. Drafting the research plan and the thesis itself, presenting the work in seminars and discussing it critically will develop your scientific thinking, argumentation and communication skills.

The Master’s thesis will serve as a good reference for your future career, as you will have enhanced your field-specific expertise during the research and writing process. The thesis project will also develop your abilities in scientific thinking and project management.

Studytrack: Environmental and Resource Economics

You will complete your Master’s thesis during the third and fourth semesters. For your thesis you research and analyse a significant topic on environmental and resource policy. You can write your thesis in connection with a larger research project, in collaboration with companies and public institutions, or independently.

According to the labour market surveys conducted by the Finnish Association of Academic Agronomists, graduates from the study track in agricultural economics have been successful in finding employment– often before graduation. The programme alumni have found positions in various organisations in the public and private sectors in Finland, and many have pursued international careers in Europe or further afield. This study programme provides you with wide-ranging skills for starting a business and for serving in various expert or managerial positions, even if the focus of studies is on applied agriculture. Consequently, possible job titles are numerous: specialist, teacher, entrepreneur, researcher, senior officer, product manager, head of finance, etc. If you are interested in developing your expertise further, you can pursue postgraduate studies in the doctoral programmes offered by the University of Helsinki or another university in Finland or abroad.

The Environmental and Resource Economics Master of Science offers promising career paths in government, research, consultancy, industry, NGOs and international organisations.

As a student in the programme, you will have opportunities for internships, visits and study exchanges with partner universities. Visiting foreign lecturers give intensive courses as part of the thematic modules. As a student you will also be able to join our international research networks.

Studytrack: Agricultural economics

In addition to other universities and institutions of higher education, the programme engages in cooperation with the Natural Resources Institute Finland (LUKE), Pellervo Economic Research, the Ministry of Agriculture and Forestry, the Ministry for Foreign Affairs, the Pellervo Cooperative Society, producers’ organisations (including the Central Union of Agricultural Producers and Forest Owners and the Central Union of Swedish-speaking Agricultural Producers in Finland), banks, insurance institutions and various companies within the food sector. During your Master’s studies, you can complete a practical training period in a company or government agency. The programme cooperates with agricultural universities in the Nordic countries, Estonia and other European countries, and has partners in North America, Africa and Asia.

Studytrack: Environmental and Resource Economics

Teaching and student exchange programmes with the following institutes:

  • Department of Economics, University of Kiel
  • Norwegian School of Economics, Bergen
  • Norwegian University of Life Sciences, Ås
  • University of Southern Denmark, Odense
  • University of Algarve, Faro

Studytrack: Agricultural economics

  • Agricultural economics and entrepreneurship
  • Agricultural business economics
  • Agricultural, rural and food policy
  • Agricultural and food markets
  • Agriculture and food security in the developing world

Studytrack: Environmental and Resource Economics

Climate and energy, economic-ecological optimisation, Baltic Sea protection, forest economics, international fisheries agreements, biodiversity offsets, agri-environmental policy

Studytrack: Agricultural economics

Upon successfully completing Master’s level studies, you will have opportunities for postgraduate studies at universities in Finland or abroad. The target duration of doctoral studies in Finland is four years of full-time study. The study track in agricultural economics produces two or three doctoral degrees annually. All postgraduate students belong to a doctoral programme, for example the Doctoral Programme in Sustainable Use of Renewable Natural Resources. Doctoral programmes and the Nordic NOVA network organise courses for doctoral students. As a holder of a doctorate in agricultural economics you can find employment at universities and in research institutes and businesses.

Studytrack: Environmental and Resource Economics

As a graduate of this study track you will have excellent qualifications to enter PhD programmes in environmental and resource economics including the Agforee PhD programme at the University of Helsinki.

How to apply

Faculty of Agriculture and Forestry

Become an expert in the responsible use of renewable natural resources!

Safe and sufficient food, the environment, climate change, and the diversity and sustainable use of forests, are global challenges of great concern to all of us. Finding solutions to these issues requires a multidisciplinary approach. By studying at the Faculty of Agriculture and Forestry you can acquire skills so that you can help to solve these important issues concerning the future of life on earth.

The Faculty offers studies in the fields of food and environmental sciences, agricultural sciences, forest sciences and applied economics. Your studies will enable you to apply chemistry, physics, biology and mathematics to solve practical problems. You will also acquire the skill to reconcile divergent economic and environmental viewpoints.

At the Faculty of Agriculture and Forestry, you will do more than just sit in the library and lecture rooms. Your studies at the Faculty are based on the most recent research. You will have access to many learning methods and learning environments, such as forests, fields, laboratories and web-based platforms.

Management or expert work in Finland or abroad

As a graduate of the Faculty you will have gained diverse expertise in the biosciences and economics, providing you with capabilities required by companies as well as by society at large. The multidisciplinary approach, the international scope of your education, and the close contacts you will gain with employers, will open doors for you in rewarding professions both in Finland and internationally. You will find more information on employment opportunities as well as personal career stories on the Faculty Website.

A multidisciplinary faculty

The Faculty of Agriculture and Forestry, the fourth largest faculty at the University of Helsinki, comprises four departments:

  • The Department of Food and Environmental Sciences
  • The Department of Agricultural Sciences
  • The Department of Forest Sciences
  • The Department of Economics and Management

The Faculty of Agriculture and Forestry is located on the Viikki Campus, also known as the “green campus”. This is one of the most important concentrations of bio‑industry in Europe. In addition to the four faculties, the campus is home to bio‑industry research institutes, agencies and enterprises. Located just nine kilometres from the Helsinki city centre, Viikki brings the scents and sounds of the countryside into the city. The area offers you essential student services, including housing and student restaurants, UniSport services, a science library, and others.

Teaching at the Faculty of Agriculture and Forestry supports you on your path to becoming an expert in your field. Online studies and in-person teaching complement each other and provide you with diverse learning opportunities. Our study methods challenge you to develop your personal competence, cooperation skills and resources for generating and applying information and knowledge. Student feedback is used to support learning and to develop our teaching methods.

The Faculty provides real-life learning environments. The Viikki Campus includes the Faculty greenhouses, and the Viikki Research Farm is complete with fields and cowsheds. The Campus also houses numerous laboratories (such as the sensory analysis laboratory, chemistry and microbiology laboratories, and technology laboratories), a meat technology pilot plant, a pilot bakery, and a small‑scale dairy pilot plant. The Hyytiälä Forestry Field Station supports studies in forest sciences.

Our tutors, together with the teacher supervisors, support you in the early stages of your studies. The Faculty’s active student organisations provide you with a lively and influential network.

As a University of Helsinki degree student, you can participate in a student exchange or traineeship outside Finland. The University has approximately 500 high-quality partner universities throughout the world, and each year some 1,000 University students embark on a student exchange or traineeship. A stay abroad gives valuable skills and experiences:

  • You can incorporate an international dimension into your degree and obtain international expertise in your field. A well-planned student exchange provides you with diverse, unique skills!
  • You will gain a new perspective on the world, learn more about yourself and enhance your language proficiency.
  • You will get better acquainted with the culture of the target country, meet new people and be able to establish international networks in your field.

More information about studying abroad:

At the University of Helsinki we provide an accessible learning environment for all students.

If you have a disability, an illness or a learning disability, and might need some special arrangements to be able to complete your studies, please contact the faculty at the beginning of your studies or when the need arises.

You will usually agree upon the practical arrangements with your professor before the course or seminar begins. If needed, you can also consult the Head of Academic Affairs at the faculty.

Special arrangements for your studies, such as individual support for learning, might include extra time to complete assignments and exams, teaching materials given in advance or in electronic form, accessibility to classrooms and alternative ways to complete assignments and coursework.

If you would like more information about special arrangements, please contact the Student Services in the City Centre at

As a student at the University of Helsinki, you will have access to a wide range of services and benefits; such as housing, meals, health care, wellbeing and sports. On the New Student web pages, you will find information on necessary insurance, permits, and fees. As a member of the University of Helsinki Student union (HYY) you will have a great variety of services at your disposal and will be able to participate in various events and activities. Discounts are available for students, for example for travelling, cultural events, and several stores. Sub-organisations of HYY also organise a wide variety of social events. You will find more information on the University of Helsinki website