Studyportals Study cover for Applied Economics

Applied Economics

BI Norwegian Business School

M.Sc. On Campus
24 months
Duration
9415 EUR/year
9415 EUR/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

The Applied Economics master’s programme from BI Norwegian Business School provides you with the tools to apply economics in real-life situations. You will specialise in industrial organization and macroeconomics, and you will be particularly well prepared for a career as a macro analyst or an economics consultant.

Visit the official programme website for more information

Overview

The Applied Economics  master’s programme from BI Norwegian Business School has a quantitative focus, using data science techniques to simulate economic models and analyse data. You will apply theories and empirical results to solve economic problems, analyse markets, and prescribe optimal business solutions.

The Applied Economics programme is suitable for students with a bachelor degree in: business, economics, and finance; political science and other social sciences with a quantitative focus; and natural sciences including mathematics and statistics.

What Will You Learn?

This programme provides you with a solid foundation in core economic disciplines. It has a quantitative focus and integrates data science techniques in the courses. You will develop strong analytical skills and learn a framework for analysis that can be applied to a great variety of areas, ranging from international trade, business cycles and financial markets, to firm competition, market analysis, and strategic behaviour.

You will learn basic programming and data management, and you will learn the main econometrics estimation methods, using both time series and panel data. You will apply these methods to cases relevant for businesses. The emphasis on analytical and quantitative skills throughout the programme will enable you to understand and develop strategies based on statistical arguments, therefore improving on decision making in this digital age.

Among the topics you will find:

  • Industrial Organization: Learn how to apply econometric techniques to uncover casual relationships that may improve decision-making by firms. Understand how the principles of industrial organization are applied within economics consulting, through real-world cases.
  • Macroeconomics: Learn the models and empirical techniques used by leading macro-analysts, and analyse macroeconomic events by simulating numerical models. Typical topics are investment, sustainable development, inflation, and how monetary and fiscal policy affect the economy and business.
  • Data and programming: Learn basic programming for data management, data analysis, and model simulation.

You will have the opportunity to learn directly from leading economists within fields such as Econometrics and Statistics, Industrial Organisation, and Macroeconomics. You will become part of an environment that has strong ties to both the business community and policy makers.

Careers

With a Master of Science in Applied Economics degree, you will be a relevant and attractive candidate for a great number of positions, both in the private and public sector. Since the basic concepts in Economics are transferrable, you will be able to work all over the world.

Examples of career possibilities:

  • Economics consulting/ management consulting
  • Chief Economist 
  • Macro/micro analyst
  • Strategic advisor
  • Data analyst

Programme Structure

Students have options for internship, exchange, and the QTEM Master Network.

Courses include:

  • Industrial Organization and Economics Consulting
  • Econometrics with Programming
  • International Macroeconomics and Finance
  • Theoretical Industrial Organization
  • Game Theory
  • Decisions, Strategy and Information
  • Labour Market and Personell Economics
  • Research Methodology - Economics

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

More details

Academic year begins mid-August 2021

Language

English

Credits

120 ECTS

Delivered

On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
Required
GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It 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.
152 (verbal)
158 (quantitative)
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.
600

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
90
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
6.5

Other requirements

General requirements

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

Or

A successfully completed Bachelor's degree with a specialisation (minimum 80 ECTS) in one of the following fields, provided that the combination of courses gives a good foundation for further studies within Applied Economics:
  • Political Science
  • Quantitative Psychology
  • Quantitative Social Science
  • Mathematics
  • Natural Science
  • Statistics
  • Computer Science
  • Engineering

Tuition Fee

  • International

    9415 EUR/year
    Tuition Fee
    Based on the original amount of 9415 EUR per year and a duration of 24 months.
  • EU/EEA

    9415 EUR/year
    Tuition Fee
    Based on the original amount of 9415 EUR per year and a duration of 24 months.
  • NOK 103 600

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.

Fresh content

Updated in the last 9 months

Check the official programme website for potential updates.

Applied Economics
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BI Norwegian Business School

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