Obtain a real-world understanding of how firms and consumers interact, and acquire the skills to analyse the market and thereby enhance companies’ performance.
This programme is currently undergoing a redesign and will not be offered in 2024, but will return later in a different format with new features. We hope you will join us then! If you are interested in Economics and would like to begin sooner, please consider our Major in Economics in the Master of Science in Business programme.
What will you learn?
You will obtain a thorough understanding of the mechanisms that shape firm behaviour and market outcomes, which will empower you to thrive in a range of sectors, including consulting, finance, and data analysis.
What sets Applied Economics apart?
Unlike a classic Economics degree, a degree in Applied Economics has direct relevance to the private sector. You will gain a solid foundation in economic theory and learn how to apply these models to data on firm performance, real-world business cases, and reforms in economic policy.
How can firms thrive in a competitive environment? How should companies respond to economic shocks? By providing insight into these questions, you can help companies and policymakers navigate today’s complex market environment. Your analysis will be data-driven, based on a mathematical model of a particular market, and informed by a deep understanding of the overall economy. You will specialise in rigorous analysis of concrete markets without losing sight of the bigger picture.
“You should seriously consider MSc in Applied Economics if you are interested in economics consulting, macroeconomics, and the wider impact of business on society; and would like to learn new techniques in econometrics and data analysis."
Professor Espen Moen
Department of Economics
Popular courses covered in this programme
With a Master of Science in Applied Economics, you will be a viable candidate for a broad range of positions and industries, both in Norway and internationally. Below are some of our former students and the positions they secured straight after graduation.
PhD candidate in Economics at NTNU
Data Analyst at Xeneta AS
Graduate at Norges Bank Investment Management
Customise your degree
As a master student at BI, you have several exciting opportunities that will contribute to a varied and interesting student life, at the same time as you build relevant competence and gain an advantage in the job market by tailoring your degree.
Our internship programme is a credit-bearing course that gives you the opportunity to test subjects and industries based on your interests, competency, and personal qualities. An internship is valuable as a means of allowing you to experience how your field of study is applied in the business world and provides you with work experience that can be highly attractive to potential employers.
We offer a number of elective courses so that you can adapt your studies to your own interests and goals. This way you can build up competency and pursue a combination of courses that will make you attractive and unique.
Take part of your education abroad! If you want to work abroad or in an international company after your studies, this should be particularly relevant for you. Culture and language are important in all companies and organisations, but knowledge of other countries' customs, governance and behaviour can be absolutely crucial to global success.
"The best part of my experience in this programme has been the people and how supportive everyone is. I was surprised by all the opportunities to engage with students and faculty; learning doesn’t stop when we leave the classroom. I feel very prepared to enter the job market and I am excited to help companies tackle real-life business problems."
MSc in Applied Economics
- 60 credits (ECTS)
Please be aware that the study plan and courses can be subject to change.
Priority application deadline for Master of Science: 1 March
After 1 March, applications are accepted on a rolling basis.