NORWEGIAN SCHOOL OF ECONOMICS (NHH)

Economics

The Master's programme in Economics studies what motivates and drives decisions for individuals, companies, competitors and authorities, and what determines prices, returns and economic allocations.

Understanding economic mechanisms is vital for the success of business and the design of public policy and this master’s programme offers a thorough and comprehensive education in economic theory and empirical methods.

Candidates who have completed the Economics profile, have acquired the following at the end of the programme:

Knowledge:

  • a solid understanding of microeconomic models analysing demand and consumer behaviour, competition and firm strategy, as well as market structure and information
  • a solid understanding of macroeconomic models analysing growth and business cycles in the aggregate economy, inflation and employment, as well as monetary and fiscal policy
  • knowledge of econometric methods to analyse economic data, and an understanding identification of causal effects and prediction
  • an understanding of models and methods used in specialised areas in economics.

Skills:

  • the ability to work with and analyse analytic models of the economy
  • a critical understanding of the main theoretical models describing economic behaviour both at the micro- and macroeconomic level
  • the ability to analyse economic data and contrast and compare empirical predictions and implications across different economic models

Competences:

  • the ability to utilise available information and data with necessary critical understanding of sources
  • the ability to analyse economic questions using a combination of theoretical and empirical models
  • the ability to formulate research questions in economics and provide answers using both theoretical and empirical methods
  • the ability to work in teams and to communicate on economic issues to both specialists and a wider audience.

Students graduating from the Economics profile work in both the private and public sector, in consultancy and analysis, banks, insurance, telecom, energy, or the oil sector. Public employers of students of the economics profile include Norges Bank, ministries and regulators, as well as international organisations (World Bank, IMF, OECD).

Application deadline
Formal prerequisites
  1. Bachelor’s degree: Admission to master’s degree studies in Norway requires Higher Education Entrance Qualification and a completed degree comparable to a Norwegian bachelor's degree. Please refer to NOKUT (The Norwegian Agency for Quality Assurance in Education) for information about the minimum educational requirements for your country.90 ECTS must be within economics and business administration. This may include methodological subjects like statistics or mathematics, but not exclusively. 30 ECTS must be within business administration (e.g. finance, accounting, strategy, marketing, statistics, mathematics, etc.). Economics courses such as micro- or macroeconomics may not count toward the business administration requirement. This requirement is absolute and cannot be compensated by work experience, test results or other criteria.Applicants are ranked according to their grade average. Your GPA should correspond approximately to a B on the ECTS grading scale.
  2. GMAT or GRE: Applications not including a GMAT/GRE test by March 15 will under no circumstances be considered, unless you belong to one of the few groups exempted (see Exemptions from the GMAT-/GRE requirement below).Minimum test scores required: GMAT: a total score of 600 points.GRE: 152 points on the quantitative reasoning section. NB! There are some exemptions from this requirement. More information can be found on NHH'swebsite.
  3. English language requirement: TOEFL – Minimum total score: 90 points on the internet based test, 575 points on the written test or 233 on the computer-based test. IELTS - Minimum overall band score: 6,5. PTE Academic - Minimum score of62. TOEIC -There is no minimum score requirement for the TOEIC; the test result will be subject to an individual assessment.NB! There are some exemptions from this requirement. More information can be found on NHH's website.
  4. Curriculum vitae (résumé):You must submit a copy of your curriculum vitae/résumé. The CV/résumé should contain information about previous studies, work experience, extracurricular activities, languages spoken and other experiences you wish to bring to the attention of the admission committee.
  5. Documentation of financial ability: All citizens outside the EU/EEA-area and Switzerland must document financial ability.More information can be found on NHH's website.
  6. Documentation of identity:In order to confirm your identity, you must upload 1) a copy of your passport/ID card and 2)a copy of your diploma/transcript from secondary school (in the original language).
Tuition 0
Degree level Master, 2 years
City Bergen
Credits 120.0
Language of teaching English
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