The PhD specialisation in Finance at BI Norwegian Business School prepares candidates for careers in world leading academic institutions, research-oriented international and national organisations, and the industry. Job market candidates from the department have found employment at premier universities, including London Business School, Tilburg University, University of Melbourne, and NOVA University Lisbon. Local placements in Norway include the Norwegian School of Economics, Financial Supervisory Authority, and Storebrand Asset Management.
The four-year programme offers rigorous training for candidates with strong analytical skills and intellectual curiosity. It follows a standard structure in place at all comparable programmes around the world.
The first year is devoted to course work that covers all the major fields in Finance and core topics in Economics relevant for a Finance PhD. BI faculty mainly teaches these courses. The candidates can also take specialised courses and participate in doctoral workshops through the Nordic Finance Network.
The second year of the programme sees candidates transitioning to research work. The candidates will work towards the doctoral dissertation that is typically a collection of three research articles. Research work is done in close co-operation with the supervisor and other faculty members from the department. Projects joint with faculty members often involve collaborators from other research institutions. Candidates also participate in weekly research seminars with international scholars and present their research work at departmental workshops.
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- Advanced Microeconomics
- Advanced Statistics
- Advanced Macroeconomics
- Asset Pricing Theory
- Corporate Finance Theory
- Empirical Asset Pricing
- Research Ethics
- Time Series Econometrics
Check out the full curriculumVisit official programme website
- 48 months
Start dates & application deadlines
- StartingApplication deadline not specified.
DisciplinesFinance Financial Mathematics Risk Management
Explore more key informationVisit official programme website
- 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.
Make sure you meet all requirementsVisit official programme website
InternationalFreeTuition FeeBased on the tuition of 0 EUR per year during 48 months.
EU/EEAFreeTuition FeeBased 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
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.
Double-check all feesVisit official programme website
Apply and win up to €10000 to cover your tuition fees.