Economics, M.Phil.

  • N/A
    Application Deadline
  • 24 months
    Duration
  • Tuition
    Free
    Tuition (Year)
    Free
    Tuition (Year)
  • English (take IELTS)
    Language
University rank #67 ,
The two year master’s degree programme in Economics at University of Oslo is a full time programme, with three different programme options, that provides rigorous training in modern economics.

About

Why choose this programme?

Covering a broad range of topics from micro- and macroeconomics, methodology and demography.

By choosing this programme you will get the opportunity to take courses taught by some of Norway’s leading economists and be part of an academic environment that prides it self on being on the forefront of economic research.

Through this Economics programme at University of Oslo you will get a good foundation in core economic disciplines like micro- and macroeconomics, econometrics and mathematics, combined with elective courses that offer themes and topics that are based on the research interests of the academic staff.

This means that you will have a choice of courses with a diversity of topics like; Demography, International Economics, Behavioural Economics, Economic Policy, Industry Markets and Competition, Money Credit and Finance, Growth and Development, Resources Energy and Environment. This diversity of topics makes it possible to tailor you degree according to your own academic interests.

Career prospects

The master's degree programme in Economics will make you highly attractive in the job market, both in the private and the public sectors.

There is a great need for specialists within the field of economics, and this programme will qualify you for a wide range of careers within economic consultancy, the financial sector, Government Service and economic organisations (both domestic and international).

Academic career

The Research programme option is designed for students who want to continue with a PhD after their master's degree. This programme option qualifies for admission to the PhD-programme in Economics at the University of Oslo.

Programme Structure

In the two year master's programme in Economics, you choose between three different programme options that will give you the opportunity to specialize in one of the department's core research themes.

Semester 1

  • Mathematics 2: Calculus and Linear Algebra 
  • Microeconomics and Game Theory
  • Macroeconomic Theory
For more info please visit the programme website.

Detailed Programme Facts

  • Deadline and start date Application deadline and start date were not specified by the programme.
  • Full-time duration 24 months
  • Study intensity Full-time
  • Credits
    120 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score: 6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test
  • Minimum required score: 90

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

Admission to master's degree studies requires:

  • Higher Education Entrance Qualification and a completed bachelor's degree comparable to a Norwegian bachelor's degree. Applicants with foreign education, please refer to the country list.

  • a specialization defined by the programme

  • a minimum grade average of C (in Norwegian scale) or equivalent from the specialization in your degree.

  • a language requirement documented by one of the tests/exams below:

    a) Passed examination in English foundation course (140 hours/5 periods per week) in Norwegian upper secondary school with a minimum grade of 4 (or an equivalent grade from a Nordic upper secondary school) or alternatively passed examination in English from second and/or third school year, or

    b) An internationally recognised English language proficiency test.

Required specialization

In addition to the requirements listed above, you need to meet the following academic admission requirements for the 2-year Master's programme in Economics:

  • 10 ECTS-credits in mathematics

  • 10 ECTS-credits in statistics and methods

  • At least 70 ECTS-credits in economics *

This amounts to a total of 90 ECTS-credits that equals about 1 ½ years of study.

Among the courses in economics, at least 50 ECTS-credits must be within microeconomics and macroeconomics, with at least 20 ECTS-credits in each of these categories.

When considering applications from international students, the admission committee will look for applicants that meet these requirements as closely as possible. To ensure that the committee gets a good understanding of your background in economics please fill in the form List of Academic qualifications found here

Please note that accounting, auditing, marketing or management do not count as economics.

Tuition Fee Per Year

  • Free International
  • Free EU/EEA

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.