About this programme
Master in Financial Economics is a Master's Degree programme at NHH Norwegian School of Economics in Bergen, taught in English. It runs for 2 years and carries 120 ECTS credits. The register gives Bergen as the campus town. It lists the degree as Master. NHH Norwegian School of Economics is a specialised university in Vestland.
How it compares
Master in Financial Economics is one of 10 English-taught Economics programmes at Master's Degree level in the register, offered by 5 institutions. 6 of them list an annual fee for students from outside the EU, EEA and Switzerland, from NOK 166,700 to NOK 204,000; this programme lists NOK 204,000 a year. 9 are recorded as free for EU, EEA and Swiss students.
What you will study
What you study
The Financial Economics major at NHH is part of the Master in Economics and Business Administration. It gives you a deep understanding of the theoretical framework and empirical evidence in finance. You learn to analyse real-life problems in financial markets and financial decision-making in firms. The programme has three tracks: Corporate Finance, Capital Markets, and Quantitative Finance and Fintech. Corporate Finance covers corporate valuation, securities issuance, capital structure, corporate governance, mergers and acquisitions, banking, and private equity. Capital Markets deals with pricing of financial securities, portfolio management, behavioural finance, investor psychology, and the interaction between financial markets and macroeconomics. Quantitative Finance and Fintech focuses on asset management, risk management, financial product development, financial regulation, and the use of machine learning on large data sets.
How the programme is organised
The major consists of 45 ECTS in courses and a 30 ECTS master thesis. You take two core courses, FIE400X Investments and FIE402 Corporate Finance, and one empirical methods course, either FIE401 Financial Econometrics or ECN402 Econometric Techniques. Then you choose three more elective courses within the finance major. Courses are organised in the three tracks, and if you want to specialise in a track, NHH recommends at least three FIE electives from that track. You are encouraged to take the core courses and the methods course in the first two terms. The recommended structure is courses in the first three semesters and the master thesis in the last semester. You must also take at least 7.5 ECTS in Ethics, Responsibility and Sustainability (ERS); FIE459 Sustainable Finance is approved for this major. Many courses are case-based. Teaching combines a rigorous theoretical approach with relevant applications.
Who it suits
This major suits students who want analytical skills for investment analysis and valuation, portfolio management, corporate finance decisions, and risk management. It is for those who want to work with real financial problems and apply principles at the research frontier. The programme trains you to understand how externalities, incentive conflicts, and climate risk affect asset prices. You should be comfortable with quantitative work and interested in at least two of the three main themes: financial markets, corporate finance, and macroeconomics.
Admission, language and next steps
The programme is taught in English and awards a Master in Economics and Business Administration. Admission requirements and application details are set by NHH; check the programme page for deadlines and how to apply. Students from the EU/EEA and Switzerland are normally exempt from tuition fees at state institutions, while other degree students normally pay a fee set by the institution. NHH is a specialised university in Bergen. The page also lists international opportunities such as semester exchange, the Double Degree programme, CEMS, Engage.EU, Intern Abroad, and summer courses.
Job opportunities after graduating
- Investment banking
- M&A advisory
- Security analysis
- Portfolio management
- Risk management
- Private equity
- Management consulting
- Financial regulation
Before you apply
Master’s applications go straight to NHH Norwegian School of Economics, 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. 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 Financial Economics taught in English?
Yes. The Study in Norway register, run by HK-dir, lists it as an English-taught programme at NHH Norwegian School of Economics. 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 Bergen as the campus town for this programme at NHH Norwegian School of Economics.
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. NHH Norwegian School of Economics 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. Confirm the date for your own situation on the programme page at NHH Norwegian School of Economics.
What does it cost?
Students from outside the EU, the EEA and Switzerland pay NOK 204,000 a year, as NHH Norwegian School of Economics lists it. For students from the EU, the EEA and Switzerland the record shows no tuition fee. 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 NHH Norwegian School of Economics is linked from this page so you can compare.