Master of Science

Quantitative Finance

The finance industry is becoming increasingly quantitative and this master’s programme provides you with the advanced quantitative skills in finance that companies are looking for in candidates.

What will you learn?

The globalisation and digitalisation of today's financial markets have led to increased international competition that requires a growing need for candidates with superior quantitative skills, a sound understanding of the industry, and good knowledge of financial theory. Our Master of Science in Quantitative Finance is designed to meet these needs by training highly motivated students on how to apply advanced quantitative and data science tools to pressing financial problems.

The courses will provide you with quantitative and programming skills focusing on numerical analysis, stochastic modelling, and data science. The comparative advantage of this programme is that you will be taught by scholars from one of the top Finance departments in Europe who will train you on how to apply financial theory correctly and responsibly to real-world problems.

The programme focuses on certain areas within finance such as asset and risk management, derivatives pricing, trading and hedging, fixed income, and long -term investing. These areas are crucial for tackling the growing challenges that arise from the sustainability transition, ageing population, and increased uncertainty.

Our Master of Science in Quantitative Finance is a cutting-edge programme that will equip successful candidates with special knowledge and skills that are in high demand in the international financial industry. As such, it will prepare you to pursue a career at the world’s top organisations and create value for our modern societies.

Popular courses covered in this programme

Financial report
Financial report

Stochastic Calculus for Finance

Deepen your understanding of stochastic processes common in the financial modelling and master stochastic calculus techniques for their analysis.

Numerical questions
Numerical questions


Understand the theoretical foundation and numerical implementation of modern derivatives pricing, with a focus on the Black-Scholes framework.

Stock Market Illustration
Stock Market Illustration

Quantitative Risk and Asset Management

Explore sources of different types of portfolio risk and understand why sizing the amount of risk correctly is perhaps the most important decision in dynamic asset management.

Financial data analysis graph
Financial data analysis graph

Advanced Computational Methods

Learn advanced numerical techniques widely used in the financial industry, central banks, and academic research.


As a graduate, you will be equipped with the necessary advanced quantitative and data science skills to succeed in the ever more sophisticated financial industry. Below are a few examples of positions our former students have obtained right after graduating:

  • Risk Manager - Nordkinn Asset Management
  • Portfolio Manager - NBIM North America
  • Quantitative Trader - Pareto Asset Management
  • Quantitative Analyst - NBIM Norway
  • Investment Analyst - Bank of America, London

Baran Yurtkuran Associate Consultant Prokura A quantitative analyst developing soft skills
Ligtning over big city

Data Science and Analytics

If you are considering a degree in the field of Data Science and Analytics, learn why you should choose to study at BI Norwegian Business School.


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.

Programme Structure

The academic year at BI is divided into two semester, one in the autumn and one in spring. There are exams at the end of each semester. This programme structure provides an overview of which courses you will be taking and when you will be taking them.

Please be aware that the study plan and courses can be subject to change.

+1 Model

Do you already have a related master’s degree? If so, you may be eligible to complete a MSc in Quantitative Finance degree in just one year. Some applicants may need to take additional courses, which will be determined while evaluating your application for admission.