48 months
Tuition fee
Apply date
Start date


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

Visit the official programme website for more information


The Economics programme at BI Norwegian Business School 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.

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


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.

Programme Structure

Courses include:

  • Advanced Microeconomics
  • Advanced Statistics
  • Advanced Macroeconomics 
  • Asset Pricing Theory
  • Time Series Econometrics
  • Panel Data/ Microeconometrics
  • Research Ethics

Key information


  • Full-time
    • 48 months

Start dates & application deadlines




On Campus

Academic requirements

GRE admission requirements GRE®
GMAT admission requirements GMAT

Other requirements

General requirements

Applicants must:

  • have at least five years of higher education
  • hold a two year scientific Master's degree (MSc) (120 ECTS) with B average or better
  • hold a Master's degree that includes thesis work (15 to 30 ECTS) 
  • hold a Master's degree within the fields of economics and business administration or an area in which BI offers a PhD specialisation
  • hold degree(s) from an accredited institution or an institution recognised by NOKUT

In particular cases GMAT or GRE tests and/or TOEFL or IELTS tests may be required. Applicants will be informed if this is needed. 

BI will need percentile scores and raw scores for the Verbal, Quantitative and Analytical Writing sections of the GRE or GMAT to consider your application. 

Tuition Fee

To alway see correct tuition fees
  • International

    Tuition Fee
    Based on the tuition of 0 EUR per year during 48 months.
  • EU/EEA

    Tuition Fee
    Based on the tuition of 0 EUR per year during 48 months.

There are no tuition fees in the PhD programme at BI. However, in order to have an application to the PhD programme at BI considered, you need to have funding.

Living costs for Oslo

11682 - 19230 NOK /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.



Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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