Master in Economics

Norwegian School of Economics

Program Description
EFMD Equis Accredited

Master in Economics

Norwegian School of Economics

The Master in Economics (ECN) is one of the specialisations within the two-year Master of Science (MSc) programme in Economics and Business Administration at NHH.

The Economics profile aims to give students an in-depth understanding of the workings of the economy as a whole and of individual markets, as well as the quantitative skills necessary to analyse current economic issues relevant to the private and public sectors.

Economics is vital for understanding the economy, the success of business, and the design of public policy. The program offers a thorough and comprehensive education in macroeconomics, microeconomics, and econometrics, and is designed for students interested in questions such as:

  • What is the effect of the financial crises on economic growth?
  • How should a brand-name firm price its product facing competition from private labels?
  • How fast should the oil resources be exploited?
  • Is tax on wealth a good idea?

The profile will qualify students for positions in analytical and consultancy services, major companies in the fields of banking and insurance, oil and gas, shipping, etc. and for positions in the public sector in e.g. Norges Bank, the Ministry of Finance and the Norwegian Competition Authority, as well as in international organisations such as the IMF and the World Bank.

The Economics profile offers a portfolio of courses in the following fields:

  • Macroeconomics: deals with topics such as market conditions, inflation and economic growth in a national and global perspective, including the study of the effects of monetary and fiscal policy.
  • Microeconomics: focuses on consumer behaviour and strategic interaction between companies in markets with imperfect competition and on how information and uncertainty affect decision making.
  • Econometrics: applies statistical methods to economic data in order to analyse financial issues; there is a focus on regression analysis and extensive use of practical lab exercises.

Flexible Programme Structure

The ECN programme has the following general structure; it consists of twelve courses and a thesis, adding up to a total of 120 ECTS credits. Students select six courses within the ENE specialication as their major.By selecting three of the remaining six courses from one of the other specialisations offered by NHH, students will build a minor concentration. This gives the students an in-depth understanding of a second field in addition to their major. The combination of a major and a minor provides the students with a broader perspective and an expertise that will give them an advantage in the job market. Normally one would follow courses in three semesters and dedicate the final semester to the thesis. The programme is fully taught in English.

International Opportunities

There are several international opportunities offered to students at NHH.

The school is the Norwegian member of the prestigious CEMS network (The Global Alliance in Management Education). CEMS is a global cooperation platform between top business schools, corporations and non-profit organisations aiming to educate future international business leaders. CEMS offers the CEMS Master's in International Management (MIM), the most international and culturally diverse MSc in the market and ranked as one of the best in the world by Financial Times since the ranking began in 2005. Students in the MSc programme at NHH can seek to combine their degree with the CEMS MIM, enabling them to graduate with two internationally recognised qualifications. The combination of these two prestigious programmes provides a solid foundation for students seeking an international business career.

The Double Degree programme is a cooperation between NHH and other highly renowned institutions, like HEC Paris in France and Richard Ivey School of Business in Canada. After completion of the programme you will be awarded a master degree from both NHH and the partner institution.

Furthermore, NHH participates in exchange programs with more than 130 institutions in over 40 countries.

Career Opportunities

NHH graduates are highly sought after in the job market. In addition to their own efforts, students are supported by the Student Welfare Organisation in Bergen (SiB), the Student Union (NHHS) and the school when preparing and searching for career opportunities.

The most recent survey shows that more than 70 percent of NHH students find employment before graduation, and the majority of all 2014 graduates have a salary from 50-60.000 EURO.

    "In the Economics profile you learn from the best in the field. Small classes enables active participation from the students and close supervision from the teachers. In my master thesis I conducted experiments about attitudes towards fairness in income distribution, an inspiring and relevant topic."
    Ingrid Hågård Bakke, Economics Alumni
This school offers programs in:
  • English

Last updated March 30, 2016
Duration & Price
This course is Campus based
Start Date
Start date
Aug. 2017
2 years
Full time
Feb. 15, 2017
Start date Aug. 2017
Norway Bergen
Application deadline Feb. 15, 2017
End date June 20, 2019
Duration 2 years
Price Free
Government funded, no tuition fees.