The globalisation of today’s financial markets has led to increased international competition and a growing need for employees with advanced skills. Candidates who combine a deep understanding of financial theory with strong quantitative skills are in high demand. Since companies today have access to large amounts of data, they need employees who can process and analyse financial data to make strategic decisions.
The Quantitative Finance programme offered by BI Norwegian Business School will provide you with the skills to assess problems, analyse them through advanced modelling, and make informed decisions. You will learn to use data and technology to better understand complex financial relationships and manage assets, evaluate risk factors, and maximize profitability.
What you will learn?
The Master of Science in Quantitative Finance programme provides you with both quantitative and programming skills from topics covering numerical analysis, stochastic models, statistics, and econometrics.
Along with the knowledge of finance that you gain, you will learn how to apply these advanced tools and be able to analyse complex financial instruments and contracts, analyse varied data sets for information extraction, as well as make forecasts and measure risk. This combination of knowledge and skills is what companies need in order to compete and succeed today.
You can apply until:
Always verify the dates on the programme website. programme website.
BI offers rolling admission thereafter, based on availability.
You only need to take one of these language tests:
Minimum required score:
The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.Schedule TOEFL®
Minimum required score:
The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.Schedule TOEFL®
Minimum required score:
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.Schedule IELTS
Minimum required score (Grade C):
C1 Advanced is a Cambridge English Qualification. It reports on the Cambridge English Scale between 142 and 210. You will receive a separate score for each of the four skills (reading, writing, listening and speaking) and for Use of English. These five scores are averaged to give you an overall result for the exam. Universities and colleges may ask you to achieve a specific score, either overall or for a particular skill.
Note: degree programmes and applications may require a more specific minimum score for admission.
You need the following GPA score:
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).
You only need to take one of these tests:
This programme accepts GRE® scores and has provided a recommended score range.
Recommended Verbal Reasoning score:
Recommended Quantitative Reasoning score:
The recommended range represents scores typically accepted at this institution. Scores outside the range may still be considered.
The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. The GRE® General Test contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.
You need the following GMAT score:
The GMAT - or Graduate Management Admission Test - is a frequent requirement for admission at management and business schools across the world. The GMAT score ranges between 200 and 800 and measures the verbal and quantitative reasoning of test-takers.
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
For Master of Science applicants
Awarded to students who possess an outstanding record of superior academic achievement, the BI Presidential Scholarship is open to Norwegian and international applicants.
Awarded to students with a strong academic record, the MSc International Scholarships are open to international applicants.
Supporting international students in their pursuit of a Master of Science degree.
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.
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.