Savonia University of Applied Sciences (Finnish: Savonia-ammattikorkeakoulu) is a local municipality-owned Finnish institution of higher education based in the cities of Kuopio, Iisalmi and Varkaus. Savonia offers mainly Bachelor degree studies, though some Master degree programmes are in operation. It is the sixth largest University of Applied Sciences in Finland with about 6,500 students. The largest field of education is Engineering. Engineers graduate after a minimum of four years and 240 ECTS credits after which they are awarded with the degree of Insinööri (AMK), equivalent to a Bachelor of Engineering (BEng). The second largest field is Business, which educates its students for a minimum of three years and 210 ECTS credits. Business studies lead to the degree of Tradenomi, equivalent to Bachelor of Business Administration. Savonia University of Applied Sciences is participating in the Bologna Process. During establishment of ammattikorkeakoulu -sector in Finnish Higher Education, Northern Savonia got its own institution in 1992.