Why Study Finance?
Finance is ultimately about taking optimal and strategic decisions in an uncertain environment, which applies to all areas of business. A modern manager requires good insight into the drivers of the financial situation of an enterprise, which is intimately connected with its success.
The Master of Science programme in Finance, therefore, will provide you not only with the required education for a career in finance and consulting, but also a strong basis for management positions in a broad range of industries. BI's Department of Finance is ranked in the top ten in Europe, giving you a solid foundation as a starting point and an education that is recognised internationally.
What Will You Learn?
The purpose of the programme is to provide the best possible education and environment for the development of well-trained, knowledgeable and socially responsible professionals for finance and other related positions. At the same time, since Finance is a quantitative and analytical subject, students will develop these skills, which are transferable to all other business disciplines. These skills form the basis for critically assessing problems and being able to make optimal and strategic decisions.
The aim is to develop valuable individuals for corporations and society both in relation to current practices and designing a better future with the ability to adjust to new challenges with vision. The Master's programme in Finance has an applied focus. Students will develop IT and programming skills to meet the needs of an industry that is becoming increasingly technological.
Among the most popular topics, you will find:
- Quantitative Methods for Finance: You will be introduced to programming in MatLab, as there is increasing demand for finance candidates with technical skills
- Applied Valuation: You will learn a range of valuation techniques, and when the different techniques should be used. The use of Bloomberg terminals will give you the skills you need for a career in the industry.
- Investments: You will review the different financial assets available to the portfolio manager, the markets in which they trade, their risk-return characteristics, and how they are priced.
The MSc in Finance programme is a two-year, 120-ECTS-credit programme consisting of 90-course credits and 30 MSc thesis credits.
Customise Your Degree
Gain an advantage in the job market by tailoring your degree. As a Master of Science in Finance student, you can choose either an internship to obtain relevant work experience, or add an international dimension to your degree by going on exchange or earning a Double Degree.
With a Master of Science in Finance, there will never be any doubt as to your qualifications, and a broad range of career opportunities will be open to you – both in Norway and internationally. The following are some examples of positions our graduates have obtained recently:
- Chief Economist, Sparebank 1 Markets
- Vice President, Credit Suisse
- Consultant, First House
- Business Controller, Kongsberg Maritime AS
Our graduates have also secured jobs such as financial analyst in the oil industry, an analyst in the stock market, an adviser in a PR-company and senior executive officer in statistics and social analysis - to name a few.
1.0 DEGREE REQUIREMENTS
1.1 Undergraduate Degree
a) A successfully completed Bachelor’s degree (180 ECTS credits) in the field of business administration, finance, or economics.
b) A successfully completed Bachelor’s degree with a specialisation (minimum 80 ECTS credits) in one of the following, provided that the combination of courses gives a good foundation for further studies within finance:
- Computer Science
1.2 The Bachelor’s degree must include the following courses, or equivalent*:
- Foundations of Economics (e.g. Micro and Macro-Economics)
- Mathematics (e.g. Calculus and Algebra)
- Statistics or Econometrics
1.3 Requirements related to the Master of Business and Economics degree
Applicants who successfully completed the four-year Master in Business and Economics (Siviløkonom) with a specialisation in Finance can apply for admission to a one-year add-on programme (+1-model) and will be individually assessed for admission.
*Based on an overall assessment, an applicant may receive a conditional offer of admission if the student lacks preparation in these courses in the Bachelor’s degree. The applicant will be required to take a preparatory course before the start of the academic year to fulfil this condition. BI Norwegian Business School offers a relevant preparatory course in July/August each year.
2.0 PROGRAMME SPECIFIC GRADE REQUIREMENTS
In addition to the entry requirements for all MSc degree programmes, the following requirements must be met:
- a minimum grade of C in Mathematics, Statistics, Economics, and other courses relevant to the MSc in Finance degree.
3.0 OVERALL ASSESSMENT
In the event an applicant does not meet all the minimum requirements, an individual overall assessment will be conducted. Based on an overall assessment of the individual applicant’s admission file, the MSc Admission Committee and/or the Associate Dean may make an offer of admission to an MSc programme. They may approve other documented qualifications to satisfy admission requirements.
The admission requirements above are minimum requirements. We recommend that applicants have a strong foundation in basic mathematics and statistics, economics, and finance to be successful in this degree programme.
Applicants from a non-business background are recommended to complete a course or courses in Financial Accounting and Financial Management prior to beginning the programme. Students could make use of the following online courses by Harvard Business Publishing:
- Financial Accounting Online Course: Introductory Section
- Finance Online Course
- Grades are posted using the ECTS scale.
- In addition to the general admission requirements for all Master of Science degree programmes, each individual MSc programme has specific curricular requirements you must also fulfil to gain admission.
- Admission requirements are subject to change.
BI Norwegian Business School prides itself on its rigorous academic curriculum and engaging educational experience with the career-minded application of theory.
To succeed in the MSc in Finance programme, applicants need a strong foundation in quantitative methods, economics, and finance and an interest in a career as a financial analyst.
Our master’s degree programmes are looking for candidates who demonstrate the following:
- Global mindset: willingness to experience new cultures, languages, and life outside their comfort zone as demonstrated through exchange semesters, study abroad, global volunteer experiences, etc.
- Leadership potential: active participation and contribution to extra-curricular activities and volunteer work at school and in the community
- Academic ability: learns, applies knowledge and improves academic standing over the course of a programme of academic study
About the School
BI Norwegian Business School is a private, non-commercial foundation (founded in 1943) providing knowledge and competence both to the private and public sectors. BI Norwegian Business School is a self ... Read More