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
Get more details
Visit programme websiteProgramme 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
Check out the full curriculum
Visit programme websiteKey information
Duration
- Full-time
- 24 months
Start dates & application deadlines
- StartingApply anytime.
Priority application deadline for full-time Master programmes: 1 March. After 1 March, applications are accepted on a rolling basis.
Language
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Credits
Delivered
Campus Location
- Oslo, Norway
Disciplines
Data Science & Big Data Artificial Intelligence Machine Learning View 7 other Masters in Artificial Intelligence in NorwayExplore more key information
Visit programme websiteWhat students do after studying
Academic requirements
- 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
Prepare for Your English Test
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
- 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 nowStarting 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.
Make sure you meet all requirements
Visit programme websiteTuition Fees
-
International Applies to you
Applies to youNon-residents176300 NOK / year≈ 176300 NOK / year -
EU/EEA Applies to you
Applies to youEU/EEA Nationals135600 NOK / year≈ 135600 NOK / year
Living costs
Oslo
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.
Check for any work restrictions
Visit programme websiteIn order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.
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.
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