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Energy, Natural Resources and the Environment – (M.Sc.)

Norwegian School of Economics and Business Administration, NHH

Department of Finance and Management Science

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Location of Norwegian School of Economics and Business Administration, NHH

The Master in Energy, Natural Resources and the Environment is one of the specialisations within the two-year Master of Science (MSc) programme in Economics and Business Administration at NHH. After finishing the programme you will end up with the title MSc in Economics and Business Administration.

Global opportunities

All MSc students at NHH are encouraged to take at least one semester on exchange at another leading business school elsewhere in the world. Through membership of CEMS (Community of European Management Schools) and PIM (Partnership in International Management) and through bilateral agreements, NHH has exchange partnerships with some of the leading institutions for economics and business administration in the world.
MSc students at NHH can also combine their studies with the CEMS Master's in International Management programme, and qualify with two internationally recognised qualifications. Similarly, NHH offers a Double Degree programme with selected partner schools.

Career opportunities

NHH graduates are highly sought after in the labour market. In addition to their own efforts, students are supported by the students welfare association (SiB), the student organisation (NHHS) and the school when preparing and searching for career opportunities.
Our most recent surveys indicate that the unemployment rate for NHH graduates in 2009 was less than 5% six months after graduation, and average graduate salary ranks amongst the best for masters programmes in Europe. Furthermore, these surveys show particular success among NHH’s international students with respondents obtaining an average annual salary in excess of €50,000 (excluding bonuses).

Flexible programme structure

The Energy, Natural Resources and the Environment programme has the following general structure. It consists of twelve courses and a thesis. Students select six courses that relate directly to the Energy, Natural Resources and the Environment specialisation and the remaining six are elective courses. Four of these elective courses can be combined to make a minor specialisation. The programme is wholly taught in English.

Programme start: mid August
Programme duration: four semesters (two years)

The Energy, Natural Resources and the Environment (ENE) profile is one of three specialisations within the MSc in Economics and Business Administration programme at NHH, which is wholly taught in English.

Programme start: mid August
Typical programme duration: four semesters (two years)

The general structure of the ENE programme consists of 12 courses and a thesis. Together these add up to a total of 120 ECTS credits: 90 credits for the 12 courses, and 30 credits for the thesis.

The ENE profile may combine courses from various fields of specialisation to create a full degree programme. The general course plan for the ENE degree comprises:

Six major courses from within the ENE specialisation
Six elective courses from amongst all the MSc specialisations at NHH: Business Analysis and Performance Management; Economic Analysis; Economics; Energy, Natural Resources and the Environment; Financial Economics; International Business; Marketing and Industrial Economics; and Strategy and Management
Thesis

Major Courses

The six major courses include four core courses which cover the main issues within the areas studied and form the foundation of the programme. Students select at least one methodological core course out of a choice of six:

Social science research methods
Econometrics
Time Series Analysis
Economic Decision Models
Empirical Analyses of Finance and resource Markets
Optimisation and microeconomics

The remaining core courses are chosen from the following list, depending on your sub-specialisation in the profile:

Financial aspects of energy and commodity markets
Design and Operation of Deregulated Electricity Markets
Petroleum and Natural Gas Economics
Alternative Energy Sources in Physical, Environmental and Economical Perspectives
Environmental Economics
Economics of Climate Change
International Fisheries Management
Land Use and Natural Resources
The Energy Resources and Environmental Industrial Sector

In addition, a series of three seminars may be counted as a core course where a single seminar counts as 1/3 of a regular course. Each seminar focuses on specific topics of interest within the field of energy, natural resources and the environment. Examples of seminar topics are: Ethics and corporate governance in the energy sector; Political aspects of energy, natural resources, and environmental issues; Operational risk in the energy sector; and Environmental accounting and carbon trading. One seminar can be replaced by an internship of duration of one month at a company whose main activities are in ENE sectors.

Elective Courses

In addition to the core ENE courses, NHH offers a wide range of elective courses that can be combined with the ENE major. It is recommended that four of the (six) elective courses be taken from the same field to enable a minor specialisation.

Instead of a minor specialisation at NHH, MSc students may opt to go on international exchange for a semester. In this instance, the minor specialisation will be built up out of elective courses undertaken at the overseas school.

In addition, students may also apply for the Double Degree or CEMS Master's in International Management (MIM) programme once they are at NHH, and combine their studies to graduate with two internationally recognised degree qualifications.

You are normally required to take an English Proficiency Test if you come from a non-English speaking country.

Most European Universities recognise the IELTS test.

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Requirements

1. Bachelor degree

Admission is based on a university degree of at least three years of study beyond Norwegian minimum requirements for entrance to higher education with satisfactory results. Applicants must have at least one and a half years of previous study in economics and business administration (this includes subjects like statistics, mathematics, accounting, finance, computing, management, and marketing). The Norwegian requirements can be found on the pages of NOKUT (The Norwegian Agency for Quality Assurance in Education), where you can download the GSU-list with information of the country where you have taken your degree.

2. GMAT or GRE

In character with the high academic standards at NHH, we require good GMAT or GRE scores from applicants. The minimum test scores to be considered for admission are:

GMAT - a total score of 600 points
GRE - on the new scale: 152 on the Quantitative reasoning section; on the old scale: 660 points on the Quantitative reasoning section*

GMAT and GRE scores must be from within the last five years.The GMAT Program code is 7KZ-ZK-01. The NHH GRE code is 0686.

Some applicants may be exempted from the GMAT/GRE-requirement.
GMAT/GRE test scores must be received by NHH no later than the 15th of March. Scores are only accpeted when recieved directly from the test organization.

*The GRE test was revised in August 2011. For those who have taken the test prior to August the minimum requirement is still 660; for those who take test from August onwards the new minimum requirement is 152.

3. TOEFL or IELTS

Students are required to have a good command of the English language. The following applicants will be judged as having met this standard:

Applicants whose native language is English
Applicants that have two years or more of higher education where the language of tuition was English
Applicants from a country which is a member of the EU/EEA and/or the Council of Europe/UNESCO-Cepes and have English as the first foreign language taken over a period of at least 7 years in primary, secondary school and upper secondary education

All other applicants must take either TOEFL or IELTS. The minimum standard for test scores that NHH accepts are:

TOEFL - a total score of 575 points for the written test or 233 for the computer-based version or 90 points on the internet based test
IELTS- a score of 6.5

TOEFL / IETLS scores must be from within the last two years. The NHH code number for TOEFL is 0686.

An alternative for the TOEFL and IELTS is to take the TOEIC. There is no minimum requirement for the TOEIC test. The Admission Committee will evaluate the result for those who apply with a TOECI test.

TOEFL/IELTS/TOEIC test scores must be received by NHH no later than the 15th of March. Scores are only accpted when received directly from the test organization.

4. Official transcripts of grades

All applications must include diplomas and transcripts from every college or university they have attended so far. A description of the grading scale/diploma supplement is also necessary to submit with the application for the assessment. If you are to complete your degree in the spring of 2011 you are to send transcript of what you have completed so far and the final transcript must be received by the 1st of July.

Applicants that are admitted must show their original diploma and transcript upon arrival to Norway, in order to be able to start the master studies at NHH.

5. Letters of recommendation

Applicants are required to submit at least two letters of recommendation. This can be from former tutors or employers etc. The letters can be submitted with your application or be sent directly from the referee.

6. Motivation letter

Applicants are required to attach a motivation letter to the application (maximum one page).

7. Curriculum Vitae or resume

Applicants are required to send a copy of their curriculum vitae (CV) or resume along with the application.

Interview

Please note: During the Admission Committees evaluation of the applications to the ENE programme, some applicants might be required to attend a telephone interview. In this case - you will be notified by email a few days prior to the interview.

Additional Requirements

Minimal degree required:	Bachelor's degree
Minimal amount of work experience	Not specified

Language Proficiency

IELTS Band:	6.5
TOEFL Paper-based:	575
TOEFL Computer-based:	233
TOEFL Internet-based:	90

Funding details

Beyond the provision of free tuition, NHH does not offer any scholarships or other forms of financial support to students or applicants. Students must be able to finance the cost of their living expenses during their period of study at NHH. Such assistance must be arranged by the students through official channels in their home countries, or through some international organisations. Information on some of the opportunities available to international students studying at NHH is set out below.

A. Wilhelmsen Foundation scholarship programme

The A. Wilhelmsen Foundation provides two scholarships for business student from NHH's Baltic partner schools to take the MSc in International Business, MSc in Energy, Natural Resources and the Environment or MSc in Marketing and Brand Management at NHH.

The scholarship is worth 300,000 Norwegian kroner(approximately 36,000 euros) over two years. Students with a bachelor degree from the following schools are eligible to apply for the scholarship:

Vytautas Magnus University, Lithuania
University of Latvia, Latvia
Stockholm School of Economics, Latvia
Estonian Business School, Estonia
University of Tartu, Estonia

The application deadline for the A. Wilhelmsen Foundation scholarship programme is 15 March 2011.

Norwegian government scholarships for developing countries

Citizens from some Eastern European, Asian and African countries who undergo education in Norway may be granted financial aid from "Lånekassen" (the State Educational Loan Fund in Norway) through what is known as the "Quota Programme".

The aim of the programme is to provide students from these countries relevant knowledge that can benefit their home countries when they return home after completing their studies.

These scholarships are worth 90,800 Norwegian kroner each academic year (approximately 11,000 Euros / 14,000 US dollars), for the duration of the two-year programme.
For students to be eligible for the Quota Scheme they must come from an educational institution in one of the countries covered by the scheme with which NHH have an exchange agreement. The schools that are currently covered by these arrangements are:

Fundacao Getulio Vargas, Sao Paulo (FGV), Brazil
School of Management - Fudan University, China
Tsinghua University, China
Hong Kong University of Science and Technology, China
China Europe International Business School, China
Peking University, Guanghua School of Management, China
Indian Institute of Management Ahmedabad, India
Indian Institute of Management Bangalore, India
Indian Institute of Management Kozhikode, India
Asian Institute of Management, The Philippines
St.Petersburg State University, Russia
University of Cape Town, South Africa
Thammasat University, Thailand

Students admitted into the MSc in International Business/MSc in Energy, Natural Resources and the Environment at NHH will receive further information on their eligibility for financial assistance through the Quota Scheme. The scheme is administered by the Norwegian Centre for International Cooperation in Higher Education (SIU).

Research Council of Norway scholarships

The Research Council of Norway offers a pool of scholarships each academic year for advanced students and young researchers. The scholarships are designed to promote contact and mobility between Norwegian and foreign students and researchers and institutions of higher learning and research.

Nationals of the following countries, with which Norway has reciprocal scholarship agreements, may apply:

Austria
Belgium (Flemish community)
Bulgaria
Czech Republic
Finland
Germany
Greece
Hungary
Iceland
Italy
Israel
Ireland
Japan
Mexico
Netherlands
Poland
Portugal
Russia
Slovakia
Spain
Switzerland
Turkey
United Kingdom

Scholarships offered to U.S. citizens

There are a few scholarships offered by partner institutions to the U.S. citizens.

Fulbright scholarship programme

The Fulbright programme is the largest U.S. international exchange program offering opportunities for students, scholars and professionals to undertake international graduate study, advanced research, university teaching, and teaching in elementary and secondary schools worldwide. Applications are considered from well-qualified U.S. students who wish to study at NHH.

Norway-America Association

Scholarships may be available via the Norway-America Association to U.S. citizens who study at NHH.

Torskeklubben

Scholarships may be available via Torskeklubben for graduate students at the University of Minnesota Graduate School who wish to study at NHH.

Other scholarship opportunities

Other scholarship opportunities may be available from the Norwegian government.
In addition there are a few reciprocal culture agreements between Norway and various other countries, including some scholarships to foreign students. For further information, please contact your country's Ministry of Foreign Affairs or the local Norwegian Embassy.

Find out more: Visit Programme Website

Contact

Contact Norwegian School of Economics and Business Administration, NHH

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Application Deadline:	15 February
Annual Tuition Fee:	Free - Details
Location:	Bergen / Norway / View location on map ▾ Hide location on map ▴
Duration:	24 months	Start Date:	August
Educational Form:	Taught
Education Variants:	Fulltime
Credits (ECTS):	120
Languages:	English

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