Business - QTEM (Major in Finance), M.Sc.

  • Application Deadline
  • 24 months
    Duration
  • English (book IELTS)
    Language
,
Finance is ultimately about taking optimal and strategic decisions in an uncertain environment, which applies to all areas of business. A modern manager requires insight into the drivers of the financial situation of an enterprise, which is intimately connected with its success.

About

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. Finance is a quantitative and analytical subject, where you will develop skills for critically assessing problems and being able to make optimal and strategic decisions. These skills are transferrable to all business disciplines.

The QTEM Master programme combines semesters at BI and semesters abroad, together with an internship. By the time you graduate, you will have spent two semesters at BI, two semesters at two of our academic partners - plus the equivalent of eight weeks in an internship.

Programme Structure

Among the courses, you will find:

  • Multinational Corporate Finance: Understand financial decision-making in multinational firms.
  • Risk Management: Learn why corporations should hedge and what tools they may use to do so.
  • Derivatives: Get a thorough understanding of the workings and pricing of derivative securities.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Credits
    126 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    6

    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.

    Book IELTS
  • Minimum required score:

    550

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score:

    78

    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

You need the following GPA score:

Required score: 3.5

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3.5 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

  • A successfully completed Bachelor’s degree (180 ECTS credits) in the field of business administration, finance or economics

The Bachelor’s degree must include the following foundation courses: 

  • Macroeconomics
  • Microeconomics
  •  Mathematicsa
  • Statistics or Econometrics 
  • Accounting
  • Finance 
  •  And a minimum of two administration and management courses within marketing, organisational management, strategy, etc.

Tuition Fee

  • International Applies to you

    9920 EUR/year
    Tuition Fee
    Based on the original amount of 9920 EUR per year and a duration of 24 months.
  • EU/EEA Applies to you

    8710 EUR/year
    Tuition Fee
    Based on the original amount of 8710 EUR per year and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Tuition fees : 

  • Internal Applicants : 78600 NOK / 8710 EUR / 9670 USD per year 
  • External Applicants: 89500 NOK/ 9920 EUR / 10980 USD per year 

Living costs for Oslo

  • 8700 - 16000 NOK/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

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.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.