Highlights
Tuition fee
176300 NOK / year
135600 NOK / year
Unknown
Tuition fee
176300 NOK / year
135600 NOK / year
Unknown
Duration
24 months
Duration
24 months
Apply date
Anytime
Unknown
Apply date
Anytime
Unknown
Start date
Unknown
Start date
Unknown
Campus location
Oslo, Norway
Campus location
Oslo, Norway
Taught in
English
Taught in
English

About

The Master in Data Science for Business degree at BI Norwegian Business School is designed to give you advanced expertise in the data science field combined with a broad business understanding. Get the knowledge and skills needed to create business value from data and pursue a career in data-driven organisations.

Visit programme website for more information

Overview

In this highly quantitative interdisciplinary Data Science for Business master's degree at BI Norwegian Business School , you will build a solid foundation in mathematics, advanced statistical modelling, machine learning, and optimisation. 

You will gain expertise in data engineering, big data analytics, and AI-based techniques and algorithms, all anchored in core business principles. With a keen understanding of data-driven decision-making and the importance of communication and domain knowledge, you will emerge with strong problem-solving skills, ready to tackle complex organisational challenges. 

You will learn to: 

  • Use foundations in economics, finance, strategy and risk to identify business-value relevant challenges and solutions.  
  • professionally apply machine-learning algorithms and AI, and explain their assumptions and limits. 
  • programme in Python for tables, text and time series, and design efficient workflows that move projects into production. 
  • evaluate quantitative risk for decision-making, reflect critically, and communicate results to technical and non-technical audiences. 
  • integrate sustainability and data protection, addressing the ethical and legal aspects of applied data science in international contexts. 

Career Possibilities

Graduates with a MSc in Data Science for Business background are highly sought after by leading consultancies, financial institutions, technology firms, and global corporations. They often pursue roles as data scientists, analytics managers, or data strategists, leveraging their insights to drive innovation, improve operational efficiency, and sharpen competitive advantage. 

This programme’s graduates find exciting career paths in fast-growing fields, as well as opportunities to launch entrepreneurial ventures or contribute meaningful data-driven solutions in diverse business environments. 

Examples of areas you can work in:

  • Data infrastructure and machine learning in production – build data pipelines, deploy models, and operate them. 
  • Experiments and causal analysis – A/B tests and quasi-experiments to measure the impact of interventions. 
  • Optimisation and operations research – capacity planning, pricing, and network design. 
  • Quantitative finance and risk – time-series analysis, forecasting, and risk and portfolio modelling. 

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

Programme Structure

Courses include:

  • Mathematics and Statistics for Data Science

  • Deep Learning and Explainable AI

  • Machine Learning Operations

  • Numerical Methods for Pythons with Applications

  • Predictive Modelling with Machine Learning

  • Time Series Analysis and Sequential Data Networks

  • Data Protection and Ethics

  • Quantitative Risk and Asset Management

  • Internship opportunity

  • Master Thesis

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

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
PTE Academic
62
IELTS
6.5

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

Credits

120 ECTS

Delivered

On Campus

Campus Location

  • Oslo, Norway

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

GPA admission requirements GPA
3.5
GRE admission requirements GRE®
158 (quantitative)
GMAT admission requirements GMAT
600
  • Minimum Grade Point Average (GPA) of 3.50 (B) on ECTS scale 
  • Applicants with international education require GMAT 555 (Focused edition) or GMAT 600
  • GRE also accepted

English requirements

TOEFL® IBT
90
PTE Academic
62
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 Data Science for Business:

  • Mathematics
  • Statistics
  • Engineering
  • Computer Science
  • Economics
  • Physics

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:

  • Finance and Economics
  • Statistics or Econometrics
The Bachelor's degree must include the following courses, or equivalent:
  • Programming (python or equivalent)
  • Intermediate level Mathematics e.g. Calculus
  • Probability and Statistics
  • Quantitative methods e.g. Machine Learning or Econometrics

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.

Tuition Fees

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

    Non-residents
    176300 NOK / year
    176300 NOK / year
  • EU/EEA

    EU/EEA Nationals
    135600 NOK / year
    135600 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 Scholarships available
  • Include a scholarship application with application for admission. 
  • Application deadline March 1. 
  • Check bi.edu for eligibility and selection.  

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Master in Data Science for Business.

Available Scholarships

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

Independent provider
Grant
Various benefits
Deadline
07 Oct 2026
Fulbright U.S. Student Program

Read more about eligibility

U.S. government
Location not available
Independent provider
Grant
33600 EUR
Deadline
01 Jul 2026
Mundus MAPP EMJM Scholarship
Merit-based

Read more about eligibility

Mundus MAPP
Location not available
Independent provider
Grant
3000 EUR
Deadline
Anytime
Scholarship Scheme set up with the Norwegian University of Science and Technology (NTNU).

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Nov 2026
ServiceScape Scholarship

Read more about eligibility

ServiceScape
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
ACES Scholarships

Read more about eligibility

ACES Education Fund
Location not available
Independent provider
Grant
3000 GBP
Deadline
19 Jun 2026
Scholarship Scheme set up with UiT, The Arctic University of Norway
Merit-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
40000 NOK
Deadline
01 Dec 2026
NORAM Scholarships

Read more about eligibility

The Norway-America Association
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2026
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
1500 USD
Deadline
15 Sep 2026
Headway’s Book Lovers Scholarship
Merit-based

Read more about eligibility

Headway
Location not available
Independent provider
Grant
3000 USD
Deadline
30 Jun 2026
Moving Mates Scholarship
Need-based

Read more about eligibility

Moving Mates
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Queen Elizabeth Commonwealth Scholarships

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
5000 EUR
Deadline
15 May 2026
Study a Master's in Europe Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
1000 USD
Deadline
06 Jul 2026
Jewish Heritage Scholarship
Merit-based

Read more about eligibility

Diamant Gerstein
Location not available
Independent provider
Grant
5000 USD
Deadline
28 Aug 2026
Women Scholarship for International Students
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
5000 SEK
Deadline
30 Apr 2026
Kreditkortlistan Financial Scholarship
Merit-based

Read more about eligibility

Enkla Media - Kreditkortlistan
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Oct 2026
$1,500 Annual Video Contest Scholarship
Merit-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
500 USD
Deadline
31 Oct 2026
CryptoRunner Scholarship

Read more about eligibility

CryptoRunner
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
The Bill Walsh Scholarship
Merit-based

Read more about eligibility

ACES: The Society for Editing
Location not available
Independent provider
Grant
25000 USD
Deadline
30 Apr 2026
Atlas Shrugged Essay Contest

Read more about eligibility

Ayn Rand Institute
Location not available
Independent provider
Grant
1000 USD
Deadline
13 Jul 2026
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
5000 CAD
Deadline
31 Dec 2026
Pinsky Law New Venture Development Scholarship
Merit-based

Read more about eligibility

Pinsky Law
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2026
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2026
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
500 GBP
Deadline
30 Sep 2026
Anglo-Norse Society - Other awards and Grants
Merit-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Aug 2026
Florida Rentals Annual Dream Vacation Scholarship

Read more about eligibility

Florida Rentals
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Jun 2026
$1,500 Annual Students’ Presentation Crafting Scholarship

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
55 GBP
Deadline
18 Jun 2026
IELTS Morgan Terry Memorial IATEFL Scholarship
Merit-based

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
1500 USD
Deadline
Not specified
The Annual IELTS from 6 to 9 Scholarship

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
12000 USD
Deadline
11 Jan 2027
Tobacco Harm Reduction Scholarship Programme

Read more about eligibility

The Tobacco Harm Reduction Scholarship Programme
Location not available
Independent provider
Grant
1000 USD
Deadline
20 May 2026
PlagiarismSearch Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available
Independent provider
Grant
2000 USD
Deadline
31 Jul 2026
The MyUS Community Scholarship

Read more about eligibility

MyUS
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available

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