The PhD programme in Economics trains candidates to engage in high quality scientific research, making use of economic theory and state of the art econometric methods.

Application deadline is 15 January 2022.

Specialisation Objectives

The programme prepares candidates for the international academic job market, for positions in research organisations and consulting firms, as well as national and international institutions like central banks, the IMF and the World Bank. We encourage candidates with strong quantitative and analytical skills and a background in a field relevant for the specialisation in Economics to apply.

Distinguishing Features of the Specialisation

  • The Department cooperates with the Department of Finance at BI as well as with the Department of Economics at the University of Oslo, located close to BI.
  • Candidates are encouraged to make a long-term visit to a foreign university that is part of the Department's international network. Recent PhD students have visited Northwestern University, UC Berkeley, Princeton, Yale, Brown, UC San Diego, among others.
  • The Nordic Network in Economics offers a wide range of advanced PhD courses in Economics

Meet Caroline Espegren who shares her experience as a PhD candidate


Professor Jon Fiva discusses the advantages of being a PhD candidate at BI

PhD scholarships

All PhD candidates receive financial support when accepted into the programme. The candidates are hired as full-time employees on an initial four-year contract. Continuation of the support through the four years of the program is dependent on good standing and regular progress towards completing the programme’s requirements. PhD candidates are entitled to full parental leave and health insurance, and are part of the Norwegian Public Service Pension Fund. The workplace is BI Norwegian Business School at its main campus in Oslo.


The Department of Economics has a strong research-oriented faculty working within all fields of economics. The department hosts the following five research centres:

Areas of Research

The Department's faculty members are actively engaged in academic research. Without being exhaustive, the following list of research areas covers the main research output from the Department of Economics in recent years:

  • Macroeconomics, business cycles and monetary policy
  • Microeconomics, and industrial organisation
  • Macro-finance
  • Theoretical, and experimental economics
  • Labour economics
  • Political economy
  • International macroeconomics
  • Housing economics
  • Statistics and econometrics

For each of these fields, the department maintains an international network of colleagues at other institutions. This is also reflected in the department's weekly seminar series.

Career Possibilities

Following you will find examples of positions that graduates have obtained after completing a PhD with a specialisation in Economics at BI.

225 x 252.jpeg"PhD candidates at the Department of Economics have a unique opportunity to participate in a top-tier research environment. Researchers at the Department of Economics consistently produce research in the most prestigious international journals. The department has a strong culture for research collaborations between faculty and PhD candidates. It is an outward-oriented and growing department, hiring some of the best universities across the world. "

Ragnar E. Juelsrud, BI PhD alumnus
Senior Research Economist, Research Department
Norwegian Central Bank

Drago 225x252.jpg"The Department of Economics has one of the strongest economic research communities in Norway, in particular within macro and monetary economics. PhD students are offered a comprehensive and up-to-date course portfolio, combined with close, stimulating guidance by leading scholars."

Drago Bergholt, BI PhD alumnus
Senior Advisor, Research Department
Norwegian Central Bank

Martin Holm 225x252.JPG“The department is one of the leading research institutions in Economics in Norway. During my four years, I was given a comprehensive and up-to-date course portfolio that enabled students to contribute at the research frontier. I met with engaged and motivated advisors who offered close guidance. In addition, the PhD programme is set up to allow students to acquire the skills required as a modern researcher, including going abroad on exchange and to present multiple times with feedback to develop communication skills. I strongly recommend the PhD programme at BI.”

Martin Blomhoff Holm, BI PhD alumnus
Assistant Professor, University of Oslo

Øyvind Nilsen Aas

PhD alumnus in Economics

Contact us

Please don’t hesitate to contact us if you have any questions or would like further information about our PhD programme.