Master, 2 år
Studieform: Undervisning ved lærestedet
Studietempo: Heltid

Informasjon oppdatert

6. mars 2024.

Om studiet

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 work place with increasing degrees of automation.


Studiets oppbygging

The three main areas in ECO — financial economics, business analysis and economics — offer opportunities for specialisation. At the same time, emphasis is placed on the close links that exist between the subjects. This gives you the possibility to specialise 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.

Business analysis focuses on how value creation in an organisation can be measured, analysed and managed in the best possible way. The subject is covered through courses in management accounting, accounting and capital markets, economic organisation theory, analysis and applications of auctions and tenders, and of principles for dynamic pricing.

The subject of economics offers courses in key areas such as microeconomics, international macroeconomics, industrial organisation, 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, optimisation techniques, econometrics, and time series analysis.



  1. 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.
  2. GMAT or GRE
  3. English language requirement
  4. Curriculum vitae (résumé)
  5. Documentation of financial ability: All citizens outside the EU/EEA-area and Switzerland must document financial ability.
  6. Documentation of identity
  7. Online video and written assessment

For more information about the admission requirements, please visit www.nhh.no.


You need to log on to NHH's page in the Norwegian application portal, SøknadsWeb to apply. The application portal opens 1 November every year. Visit NHH's website for more information about the admission process.


Upon successful completion of the ECO major, students shall have:


  • Solid competence in empirical methods and economic analysis within one or several of the fields of financial economics, economics and business analysis.
  • Competence to apply methods and insights from modern economic research within relevant fields in a future job situation.


  • Ability to formulate precise questions about real world problems
  • Ability to work independently to answer these questions
  • Good analytical skills and professional insight at a good international level within relevant fields
  • Ability to professional updating in his/her future work career
  • Be well prepared for doctoral studies in Norway or abroad


  • The skill to communicate with specialists and others about professional issues
  • Understand the need to reflect on and take into account ethical issues and social responsibility in decision making within organisations

Videre studier

If you have a desire to learn more, to explore new ideas, enjoy innovating and wish to develop intriguing insights in the field of economics and business administration after completing your master's degree, pursuing a PhD at NHH may be your next journey!

As a PhD research scholar you will be a member of our faculty. You will be working closely with leading professors in your field, who have a significant impact on government policies, business practice and academic thought. You will be included in a thriving intellectual community, which enjoys a close collaboration with leading business schools worldwide.

The purpose of our three (or four) year, fully funded programme, is to give the scholar a deepened and broadened theoretical and methodological knowledge, alongside the experience of producing a substantial piece of original scientific work. The conferral of the PhD in economics and business administration signifies expertise in a major field of study.

The majority of our PhD graduates develop an academic career, but an increasing number take on leading positions in management, consultancy or in larger organisations.


The major is well suited for jobs that require high analytical competence. Such jobs are found in, among others, the banking, finance, and insurance industries, major companies, innovation- and knowledge-oriented businesses, public administration, and international organizations.

The major also provides an ideal basis for pursuing a PhD in one of its subject areas.


As an NHH student you have excellent opportunities to gain valuable international experience during your studies through exchange programmes, the CEMS Master's in International Management (MIM) joint degree, the Double Degree programme and summer courses.

NHH currently participates in exchange and study abroad agreements with 170 universities and business schools in more than 50 countries.


MSc in Economics and Business Administration - major in Economic Analysis

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