|NHH Norwegian School of Economics||2 Years|
|Master, 2 years||Onsite|
The Economic Analysis (ECO) major will give you a solid background to work as a specialist, advisor, or manager within various lines of business and organizations, and especially for jobs that require insights and analytical competence at a high professional level.
The major sheds light on a wide range of economic issues, covering business analysis, finance, and economics. Compared to other majors that offer courses in similar subjects, ECO courses have a stronger emphasis on understanding the validity and limitations of methods and models. The increased emphasis on understanding the methods and models, rather than just being able to apply them, helps students’ competence stay relevant in a future workplace with increasing degrees of automation.
The three main areas in ECO — financial economics, business analysis, and economics — offer opportunities for specialization. At the same time, the emphasis is placed on the close links that exist between the subjects. This gives you the possibility to specialize within one area, but also to choose valuable combinations across areas.
Financial economics covers key methods in advanced investments/asset pricing, corporate finance, and corporate governance, derivatives pricing and risk management, and insurance economics and macroeconomic analysis. A common feature of the courses is that they focus on the main insights and assumptions behind important finance models, and emphasize their strengths and weaknesses. The overall aim is to increase students’ sophistication and help them avoid naive or misleading model applications.
The business analysis focuses on how value creation in an organization can be measured, analyzed, and managed in the best possible way. The subject is covered through courses in management accounting, accounting and capital markets, economic organization theory, decision models in business, and principles for dynamic pricing.
The subject of economics offers courses in key areas such as microeconomics, international macroeconomics, industrial organization, taxation, and resource economics. At the same time, ECO provides good opportunities for combining this with closely related courses in financial economics and business analysis.
The major ensures a solid methodological base through courses in decision- and game theory, optimization techniques, econometrics, and time series analysis.
- Bachelor’s degree: 90 ECTS must be within economics and business administration. Your GPA should correspond approximately to a B on the ECTS grading scale.
- GMAT or GRE
- English language requirement
- Curriculum vitae (résumé)
- Documentation of financial ability: All citizens outside the EU/EEA-area and Switzerland must document financial ability.
- Documentation of identity
- Online video and written assessment
For more information about the admission requirements, please visit www.nhh.no.
Free of Cost
Unless you belong to one of the groups exempted (see below), you must document a good command of the English language bypassing one of the three tests below:
- TOEFL – Test of English as a Foreign Language. Minimum total score: 90 points on the internet-based test, 575 points on the written test, or 233 on the computer-based test.
- IELTS Academic – International English Language Testing System
Minimum overall band score: 6,5
- PTE Academic – The Pearson’s Test of English. Minimum score: 62
- If you are prevented from taking one of these tests due to test center closures, we accept TOEFL iBT Special Home Edition.
Test scores must be a maximum of two years old at the time of the application deadline and only test scores issued to NHH directly from the issuing authority are accepted.
The Norwegian School of Economics or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway’s first business school and has since its establishment been a leading teaching and research institution in the fields of economics and business administration.
Deadline: 15 February.