Overview

This Quantitative Finance degree at BI Norwegian Business School will provide you with quantitative and programming skills focusing on numerical analysis, stochastic modelling, and data science. The comparative advantage of this programme is that you will be taught by scholars from one of the top Finance departments in Europe who will train you on how to apply financial theory correctly and responsibly to real-world problems.

Credential earned: Master in Quantitative Finance

Career Possibilities

Markets move quickly, and finance is increasingly data-driven. Employers need graduates who can programme, model and explain risk and return, and link market signals and regulation to sound decisions. You’ll be ready for roles across asset management, banking, insurance, fintech and public institutions, in Norway and internationally.

Examples of areas you can work in:

Quantitative research and portfolio management – strategy design, testing on historical data, and portfolio construction.

Risk management – market, credit and liquidity risk; stress testing and reporting.

Derivatives and structured products – pricing, hedging and model validation.

Treasury and balance-sheet management – funding, interest-rate and liquidity planning.

Financial data science and trading analytics – forecasting signals, performance analysis, decision support.

Accreditation

BI Norwegian Business School is in the top 1% of business schools worldwide having achieved the Triple Crown of international business school accreditations.

Accredited by: EQUIS, AMBA, AACSB

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Programme Structure

Courses included:

Stochastic Calculus and Derivatives

Numerical Methods for Pythons with Applications

Investments

Corporate Finance

Data Science for Finance

Advanced Computational Methods

Applied Portfolio Management

Internship opportunity
Master Thesis

Check out the full curriculum

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Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2026-08-23 00:00:00

Apply anytime.

More details

Priority application deadline for full-time Master programmes: 1 March. After 1 March, applications are accepted on a rolling basis.

Language

English

TOEFL^® IBT

90

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PTE Academic

62

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IELTS

6.5

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Credits

120 ECTS

Delivered

On Campus

Campus Location

Oslo, Norway

Disciplines

Finance Financial Mathematics Risk Management

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Academic requirements

GPA

3.5

GRE^®

158 _{(quantitative)}

GMAT

600

Minimum Grade Point Average (GPA) of 3.50 (B) on ECTS scale

Applicants with international education are required to submit a GMAT 555 (Focused Edition) or GMAT 600 (10th Edition).
GRE also accepted.

English requirements

TOEFL^® IBT

90

Schedule TOEFL®

PTE Academic

62

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

A successfully completed Bachelor’s degree (180 ECTS) 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 quantitative finance:

Mathematics

Statistics

Engineering

Computer Science

Economics

Physics

Actuarial Science

Or

A successfully completed Bachelor’s degree (180 ECTS) in the field of business administration with a highly quantitative specialisation (80 ECTS). The business degree must include the following foundation courses, or equivalent:

Macroeconomics

Microeconomics

Finance

Statistics or Econometrics

And the following intermediate level courses, or equivalent:

Calculus

Linear Algebra

The Bachelor's degree must include the following courses (intermediate level):

Calculus

Linear Algebra

Probability and Statistics*

*Based on an overall assessment, an applicant with a strong quantitative background may receive a conditional offer of admission

Work experience

This is a pre-experience master programme. No work experience is required.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at BI Norwegian Business School and/or in Norway, please visit Student Insurance Portal.

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

166700 NOK / year

≈ 166700 NOK / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

128200 NOK / year

≈ 128200 NOK / year

Living costs

Oslo

Norway

11682 - 19230 NOK / month

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

Funding

Highly competitive selection for a limited number of scholarships for international and domestic students.
Women in Finance and Tech Master Scholarship available

Include a scholarship application with application for admission.

Application deadline March 1.
Check bi.edu for eligibility and selection.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Master in Quantitative Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Career Possibilities

Accreditation

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Work experience

Student Insurance via Studyportals Partner

Make sure you meet all requirements

Tuition Fees

International Applies to you

EU/EEA Applies to you

Living costs

Oslo

Funding

Check for any work restrictions

Scholarships Information

Available Scholarships

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