Admission requirements

Master of Science in Finance – QTEM Masters Network


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


b) A successfully completed Bachelor’s degree 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 finance:

  • Engineering
  • Computer Science
  • Mathematics*
  • Accounting

1.2 The Bachelor’s degree must include the following courses, or equivalent**:

  • Foundations in Economics (e.g. Micro and Macro-Economics)
  • Mathematics*
  • Statistics or Econometrics

1.3 Requirements related to the Master in Business and Economics degree
Applicants who successfully completed the four-year Master in Business and Economics (Siviløkonom) with a specialisation in Finance can apply for admission to a one-year add-on programme (+1-model) and will be individually assessed for admission.

*Equivalent courses may include Calculus, Algebra, Quantitative Methods, Differential Equations, or other courses in which mathematics were taught and applied. Applicants need to include the relevant course syllabus(es) with their application to determine that applicants satisfy this requirement.

**Based on an overall assessment, an applicant may receive a conditional offer of admission if the student lacks preparation in these courses in the Bachelor’s degree. The applicant will be required to take a preparatory course before the start of the academic year to fulfill this condition. BI Norwegian Business School offers a relevant preparatory course in July/August each year.



In addition to the entry requirements for all MSc degree programmes, the following requirements must be met:

  • An average grade of B in quantitative courses (e.g. Mathematics, Statistics, Economics, Finance, and Econometrics or Research Methods)
  • A competitive GMAT score of 600 (target score of 650 preferred) or equivalent GRE score: 152 Verbal/158 Quantitative. All applicants for QTEM programmes must order an official copy of their GMAT score to be sent to both BI Norwegian Business School (institution code 0529) and to the QTEM Central Office in Brussels (programme code: GMAT).



In the event an applicant does not meet all the minimum requirements, an individual overall assessment will be conducted. Based on an overall assessment of the individual applicant’s admission file, the MSc Admission Committee and/or the Associate Dean may make an offer of admission to an MSc programme. They may approve other documented qualifications to satisfy admission requirements. 

Please note:
The admission requirements above are minimum requirements. We recommend that applicants have a strong foundation in basic mathematics and statistics, economics, and finance to be successful in this degree programme. Applicants from a non-business background are recommended to complete a course or courses in Financial Accounting and Financial Management prior to beginning the programme. Students could make use of the following online courses by Harvard Business Publishing:

Grades are posted using the ECTS scale.
In addition to the general admission requirements for all Master of Science degree programmes, each individual MSc programme has specific curricular requirements you must also fulfil to gain admission.
Admission requirements are subject to change. 

Applicant Profile

BI Norwegian Business School prides itself on its rigorous academic curriculum and engaging educational experience with career-minded application of theory.

To succeed in the MSc in Finance programme, applicants need a strong foundation in quantitative methods, economics, and finance and an interest in a career as a financial analyst.  

Our master’s degree programmes are looking for candidates who demonstrate the following:

  • Global mindset: willingness to experience new cultures, languages, and life outside their comfort zone as demonstrated through exchange semesters, study abroad, global volunteer experiences, etc.
  • Leadership potential: active participation and contribution to extra-curricular activities and volunteer work at school and in the community
  • Academic ability: learns, applies knowledge, and improves academic standing over the course of a programme of academic study