About this programme
Master in Quantitative Finance is a Master's Degree programme at BI Norwegian Business School in Oslo, taught in English. It runs for 2 years and carries 120 ECTS credits. The register gives Oslo as the campus town. It lists the degree as Master. BI Norwegian Business School is a private institution in Oslo.
How it compares
Master in Quantitative Finance is one of 4 English-taught Finance programmes at Master's Degree level in the register, offered by 1 institution. 4 of them list an annual fee for students from outside the EU, EEA and Switzerland; this programme lists NOK 166,700 a year.
What you will study
The Master in Quantitative Finance at BI Norwegian Business School is a two-year, 120 ECTS programme taught in English in Oslo. It trains you to apply advanced quantitative and data science tools to financial problems. The finance industry is becoming more quantitative, and this degree builds the numerical, programming and theoretical skills employers ask for.
What you study
The programme focuses on numerical analysis, stochastic modelling and data science. You learn to apply financial theory correctly and responsibly to real-world problems. Core areas include asset and risk management, derivatives pricing, trading and hedging, fixed income, and long-term investing. These topics matter for challenges such as the sustainability transition, an ageing population and increased uncertainty.
You will be taught by scholars from one of the top Finance departments in Europe, according to the programme page. The emphasis is on quantitative and programming skills that let you model and explain risk and return.
How the programme is organised
The degree is full time over two years, 120 ECTS. Teaching combines lectures and other engaging learning experiences, with quality teaching a stated aim. You can tailor your degree through electives, an exchange semester (BI has partnerships with more than 200 schools worldwide) and an internship that earns credits. The programme page also notes that applicants with a master’s level background in Finance or related areas may complete the degree at an accelerated pace, with the duration and courses determined when your application is evaluated.
Who it suits
This master’s suits highly motivated students who want to work at the intersection of finance, mathematics and programming. If you enjoy numerical work, stochastic modelling and data analysis, and want to apply them to markets, risk and pricing, this is a good fit. The programme prepares you for roles in asset management, banking, insurance, fintech and public institutions, in Norway and internationally.
Admission, language and next steps
All teaching is in English. Admission requirements are set by BI, with programme-specific requirements listed on the programme page. The priority application deadline for full-time Master programmes is 1 March; after that, applications are accepted on a rolling basis. BI is a private institution and sets its own tuition fees. Students from the EU/EEA and Switzerland are normally exempt from tuition fees at state institutions, but different rates apply at BI, and students from outside the EU/EEA and Switzerland pay a fee set by the school. Scholarships are available for eligible applicants. Check the programme page for details on admission, fees and scholarships, and to book one-to-one guidance.
Job opportunities after graduating
- Quantitative research and portfolio management
- Risk management (market, credit and liquidity risk)
- Derivatives and structured products (pricing, hedging, model validation)
- Treasury and balance-sheet management
- Financial data science and trading analytics
- Asset management
- Banking and insurance
- Fintech and public institutions
Before you apply
Master’s applications go straight to BI Norwegian Business School, not through the national admission service (NUCAS). Study in Norway states that you need a bachelor’s degree comparable to a Norwegian bachelor’s degree (180 ECTS), including courses equal to at least one and a half years of full-time study relevant to the programme. The institution lists its deadline as: Priority application deadline for Master of Science: 1 March After 1 March, applications are accepted on a rolling basis. Deadlines are set by each institution for each programme, so confirm yours. Entry requirements and language tests are also set by the institution, so start from the official programme page. Our guides cover tuition fees, study permits and housing.
Facts on this page come from the Study in Norway register, the official English-programme list run by HK-dir, the Norwegian Directorate for Higher Education and Skills. Fees are in NOK as the institution lists them. "Not listed" means the register has no figure, not that the programme is free. Always confirm requirements, fees and deadlines with the institution.
Quick answers
Is Master in Quantitative Finance taught in English?
Yes. The Study in Norway register, run by HK-dir, lists it as an English-taught programme at BI Norwegian Business School. Only English-taught degree programmes are included here.
How long does it take?
The register records 2 years of study and 120 ECTS credits. Sixty ECTS credits are one academic year of full-time study.
Where is it taught?
The register lists Oslo as the campus town for this programme at BI Norwegian Business School.
How do I apply?
Master’s applications go straight to the institution, not through the national admission service (NUCAS). Study in Norway states that you need a bachelor’s degree comparable to a Norwegian bachelor’s degree (180 ECTS), including courses equal to at least one and a half years of full-time study relevant to the programme, and some programmes require a minimum grade average. BI Norwegian Business School publishes its requirements on the programme page.
When is the application deadline?
Each institution sets and publishes its own deadline for each programme, and the dates can differ between applicants from outside the EU/EEA, EU/EEA applicants and Nordic applicants. As BI Norwegian Business School lists it: Priority application deadline for Master of Science: 1 March After 1 March, applications are accepted on a rolling basis. Confirm the date for your own situation on the programme page at BI Norwegian Business School.
What does it cost?
Students from outside the EU, the EEA and Switzerland pay NOK 166,700 a year, as BI Norwegian Business School lists it. For students from the EU, the EEA and Switzerland the record shows NOK 128,200 a year. Fees are in NOK as the institution lists them. Every student also pays a semester fee of about NOK 1,000 to the student welfare organisation linked to the institution.
Do I need a permit to study there?
Students from outside the EU, the EEA and Switzerland need a study permit from the Norwegian Directorate of Immigration (UDI). UDI asks for proof of admission, housing and funds of NOK 15,488 a month or NOK 170,368 a year (2026/27), on top of any tuition fee. A study permit allows work of up to 20 hours a week during term and full time in the holidays. Students from the EU, the EEA and Switzerland register with the police within three months of arrival instead.
Is this programme officially listed?
It comes from the Study in Norway register at studyinnorway.no, the English-programme list run by HK-dir, the Norwegian Directorate for Higher Education and Skills. The programme page at BI Norwegian Business School is linked from this page so you can compare.