Business Administration

Social relevance

Establishing one's own business or have a posistion in companies within management, strategy, finance, administration and in additon take hand of environmental problems. This knowlegde is demanded by employers, and makes graduates from the Master's programme in business administration central in decision-making processes in organisations, businesses and in public management.

Qualifications after graduation

You can get a position in economic management, administration and leadership in public and private businesses. Risk analysts, consultants, customer service in banks or insurance are also potential positions for graduates. Other positions are trainee positions in industrial businesses or marketing leaders within trading organisations or consultants in public areas. The degree also qualifies students for Ph.D. studies in economics and administration.

Admission requirements

Admission to the programme requires a Bachelor's degree in Business Administration or equivalent education with at least 80-90 credits in business economics, macroeconomics, administration and methods, plus 30 credits specialisation within one or more of these areas. Weighting of the different areas will decide which profile the student can choose within the Master's degree programme.

Learning outcomes

A candidate who has completed the education is expected to have achieved the following learning outcomes, defined in competence, knowledge and skills: Knowledge: - Has comprehensive and broad knowledge of theory and methods related to the core fields in business economics and administration, i.e. finance and investments; financial and managerial accounting; marketing; organization and administration theory, and quantitative methods, in accordance with national and international standards at MSc/MBA-level. - Has comprehensive and specialized knowledge within a chosen major, i.e. either finance and commodity market analysis; energy economics; managerial economics, business governance; economics, or environmental and resource economics. Skills: - Methodological skills: The candidate is able to evaluate and analyze relevant sources of information in a critical manner, and apply these to generate independent assessments and develop projects under supervision. - Analytical skills: The candidate is able to formulate relevant research questions in an independent manner as well as analyze large amounts of information through the application of economic models and quantitative or qualitative methods according to scientific and ethical norms in research. - Dissemination skills: The candidate is able to communicate ideas, problem statements, analyses and conclusions related to business economics and governance in an instructive manner to business specialists, public administration, and the general public. - Work-related skills: The candidate is able to carry out analytical and management tasks as well as assume responsibility for such tasks in business, the public sector, as well as voluntary organizations. - Ethical skills: The candidate is able to spot and evaluate ethical problems and challenges and to take relevant action in order to handle such problems and challenges. Competence: - Has acquired in-depth and specialized disciplinary competence in business economics and administration, combined with knowledge of related social sciences, and to some extent also basic issues in natural science and technology. - Has the required basis for participation in research projects and for entering into doctoral studies. - Is able to analyze business problems with high-level skill requirements. - Is able to apply his/her theoretical and methodological knowledge and skills in business economics and leadership in new areas to resolve advanced and multi-disciplinary work-related tasks.

Learning activities

A combination of lectures, study groups, seminars, independent study, group work, assignments, presentations, computer-based learning and other learning methods are utilised throughout the programme.


Both continuous and final examinations are used in the programme, and these can include the assessment of projects, presentations, semester assignments and student lectures, as well as regular and take home examinations.

Programme contents and structure

Students must complete 120 credits, including a minimum of 60 credits of 300-level courses. The students must choose a major specialization with 40 ECTS. This specialization can be one of the following fields: Finance and Investment, Cost Management, Administration and leadership, Economics, Environmental Economics or Energy Economics. Within each field of specialization there will be a set of compulsory subjects that is required to obtain this specialization. In addition, the students must choose a minor specialization of 30 ECTS within one of the other fields listed above (Minor in Economics, environmental Economics and Energy Economics can't be combined with a major within the same group). A total of 20 ECTS can be used as free elective subjects. A compulsory Master's thesis is written as the last part of the Master programme. The thesis must be written within the academic field of the major specialization.

Cooperation with other institutions

School of Economics and Business Administration cooperates with other universities and colleges offering degrees in economics and business administration, both nationally and internationally. Especially within fields not sufficiently covered by NMBU, we offer students a study abroad semester/year as part of the study plan.

Studies abroad

The department highly recommends its students to include a study abroad semester or year as part of their education.

Arrangements for incoming exchange students

Some courses can be held in English upon request.


You can find general information on accessibility and individual facilitation for students with disabilities or special needs at NMBU here:

Published 1. August 2014 - 11:58 - Updated 28. November 2016 - 10:22