Applied Economics, M.Sc. | BI Norwegian Business School | Oslo, Norway
24 months
14271 EUR/year
10998 EUR/year
Tuition fee
Apply date
Start date


Understand the decisions of people, firms, and policy makers, and learn economic skills that improve performance of firms’ operations, investments, and finances. The Applied Economics master’s programme from BI Norwegian Business School aims to provide you with the competence and skill set you need to go out in the real world and add value and be operational from day one.

Visit the official programme website for more information


You will gain a solid foundation in core economic and organisational principles and theories, looking at the boundaries of companies, competition between companies and the relationship between a company and its customers and suppliers. By combining this competence with a macroeconomic understanding of variables such as consumption, investment and productivity, and advanced insight into how economic fluctuations and politics are affected by factors like oil prices and employment, you will be equipped to solve complex economic problems. By using data science techniques to develop theories or test existing hypotheses in Economics, you gain analytical skills that will enable you to predict future trends and create business growth and innovation.


With a Applied Economics  master’s programme from BI Norwegian Business School , you will be a relevant and attractive candidate for a great number of positions, both in the private and public sector. Graduates will qualify for a range of positions, such as:

  • Economics Consultant
  • Chief Economist
  • Sustainability Analyst
  • Macroeconomic Analysis and Banking
  • Policy Analyst
  • Management Consultant
  • Data Analyst
  • Credit and Financial Analyst

Programme Structure

Courses include:

  • Industrial Organization and Economics Consulting
  • Econometrics with Programming
  • Theoretical Industrial Organization
  • Advanced Macroeconomics
  • Decisions, Strategy and Information
  • Empirical Industrial Organization
  • Business Cycles

Key information


  • Full-time
    • 24 months

Start dates & application deadlines

More details

Priority application deadline for Master of Science: 1 March. 

After 1 March, applications are accepted on a rolling basis.


IELTS admission requirements IELTS
TOEFL admission requirements TOEFL® IBT


120 ECTS


On Campus

Academic requirements

GPA admission requirements GPA
GRE admission requirements GRE®
158 (quantitative)
GMAT admission requirements GMAT

Minimum 3.5 (B) on the ECTS scale

English requirements

IELTS admission requirements IELTS
TOEFL admission requirements TOEFL® IBT

Other requirements

General requirements

  • a) A successfully completed Bachelor’s degree (180 ECTS credits) in the field of business administration, finance, or economics.
  • Or
  • b) 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
See website for more details.

Tuition Fee

To alway see correct tuition fees
  • International

    14271 EUR/year
    Tuition Fee
    Based on the tuition of 14271 EUR per year during 24 months.
  • EU/EEA

    10998 EUR/year
    Tuition Fee
    Based on the tuition of 10998 EUR per year during 24 months.
  • EU/EEA applicants: NOK 114 200

  • Outside EU/EEA applicants: NOK 148 400

Living costs for Oslo

11682 - 19230 NOK /month
Living costs

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


Visit the website for scholarship opportunities.

Scholarships are available for applicants with EU/EEA citizenship. Awarded based on outstanding academic achievement. Apply with application for admission by March 1. 

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.

Our partners

Applied Economics
BI Norwegian Business School


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