Annual report 2021

Thanks to all who have contributed to BI's growth and development the past year.

A word from the President

BI took several steps in 2021 to develop and secure our position as a leading European business school.

To make sure BI continues to shape people and business for an international, digital and sustainable future, even in the post-pandemic period, we decided to revise our BI Strategy for 2025 this past year.

International

In 2021, BI celebrated 25 years of successful cooperation leadership education in China. This is true even as the pandemic continued to complicate our students’ plans to study abroad.

Digital

BI continued to offer a digital alternative to teaching in all courses and programmes in 2021 because of the pandemic. Otherwise, we see that the focus on data science and business analysis is already yielding results.

Sustainability

In 2021, BI decided to commit the school to the UN sustainability goals for 2030 by supporting the 1.5-degree target. We were also recognised by the UN for our sustainability reporting.

Board of trustees report

2021 was a new year in the sign of the pandemic. BI Norwegian Business School had a record-breaking number of applicants last year, and we were recognised by NOKUT for our quality assurance work. We also manage to prepare the school for a future…

Annual accounts

The annual accounts have been prepared in accordance with the Norwegian Accounting Act and generally accepted accounting principles for Norway.

Auditor´s statement

Research and academic activity

BI aims to have several disciplines ranked among the best in Europe to strengthen BI's international reputation, our academic influence and to recruit the best of academic employees.

Study programmes and students

In 2021, the important work to strengthen academic and social integration for our students has been a high priority.

Accreditations and rankings

Our accreditations and rankings are an important stamp of quality that shows that BI delivers educational programmes in line with the best in the world. BI was ranked as Norway's best business school by Financial Times for the sixth year in a row…

Partnerships, society and business

Through mutually-enriching cooperation and partnerships, BI will be a key supporter in the development of stronger business and public sectors, relevant study programmes and a greener Norway.

Organisation and employees

BI had a total of 988 employees, divided between 510 administrative staff and 478 academic employees at the end of 2021.