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Master programmes and individual courses

Master 120 ECTS

Quantitative Finance

The finance industry is becoming increasingly quantitative, and this master’s programme provides you with the advanced quantitative skills in finance that companies are looking for in candidates.

What will you learn?


The globalisation and digitalisation of today's financial markets have led to increased international competition that requires a growing need for candidates with superior quantitative skills, a sound understanding of the industry, and good knowledge of financial theory. Our Master in Quantitative Finance is designed to meet these needs by training highly motivated students on how to apply advanced quantitative and data science tools to pressing financial problems.

The courses will provide you with quantitative and programming skills focusing on numerical analysis, stochastic modelling, and data science. The comparative advantage of this programme is that you will be taught by scholars from one of the top Finance departments in Europe who will train you on how to apply financial theory correctly and responsibly to real-world problems.

The programme focuses on certain areas within finance, such as asset and risk management, derivatives pricing, trading and hedging, fixed income, and long-term investing. These areas are crucial for tackling the growing challenges that arise from the sustainability transition, ageing population, and increased uncertainty.

Our Master in Quantitative Finance is a cutting-edge programme that will equip successful candidates with special knowledge and skills that are in high demand in the international financial industry. As such, it will prepare you to pursue a career at the world’s top organisations and create value for our modern societies.

Why choose this programme?


In the video below, our students, faculty members and industry representatives share their perspectives on why you should choose the Master in Quantitative Finance.

Why choose Master in Quantitative Finance?

  • Students talking

    Life as a student

    Life as a student can be both exciting and challenging. Therefore we've listed different opportunities and resources which can be useful during your studies.

  • SIO student housing at Bjølsen

    Housing

    Explore student housing options in Oslo, Bergen and Trondheim. Housing providers, application procedures and any housing guarantees vary by campus. Please follow the guidance for the campus where you will study.

Career possibilities


Markets move quickly, and finance is increasingly data-driven. Employers need graduates who can programme, model and explain risk and return, and link market signals and regulation to sound decisions. You’ll be ready for roles across asset management, banking, insurance, fintech and public institutions, in Norway and internationally.

Examples of areas you can work in:

  • Quantitative research and portfolio management – strategy design, testing on historical data, and portfolio construction
  • Risk management – market, credit and liquidity risk; stress testing and reporting
  • Derivatives and structured products – pricing, hedging and model validation
  • Treasury and balance-sheet management – funding, interest rate and liquidity planning
  • Financial data science and trading analytics – forecasting signals, performance analysis, decision support
  • Frida Hauge

    Analyst

    Pareto Asset Management
    Frida Rosmer Hauge

  • Image of lightning in the city

    Data Science and Analytics

    If you are considering a degree in the field of Data Science and Analytics, learn why you should choose to study at BI Norwegian Business School.

Customise your degree


As a master's student at BI, you have several exciting opportunities that will contribute to a varied and interesting student life, at the same time as you build relevant competence and gain an advantage in the job market by tailoring your degree.

  • Woman in the streets under exchange

    Exchange

    Learn more about your opportunities for going on exchange while you are studying at BI. From Switzerland to South Korea - BI Norwegian Business School has exchange partnerships with more than 200 schools around the world.

  • A woman at her internship

    Internship

    Prior experience at a workplace is invaluable when you're applying for jobs. At BI, you have the possibility to combine real-world experience with earning credits.

  • Electives

    We offer a number of elective courses, so that you can adapt your studies to your own wishes and interests. In this way, you can build up competence and get a professional combination that makes you attractive and unique.

Tuition fee

Applicant Price per year

Master 120 ECTS

Quantitative Finance

Internal applicant*
NOK 115,200

Master 120 ECTS

Quantitative Finance

External applicant
NOK 133,400

Tuition fee

Master 120 ECTS

Quantitative Finance

Internal applicant* Price per year
NOK 115,200
External applicant Price per year
NOK 133,400

*Internal applicants are applicants who have passed a minimum of 120 ECTS from BI.

Students with a bachelor's degree from BI are eligible for a discounted tuition fee.

The tuition fee is invoiced per semester and adjusted annually. It includes access to lectures and the standard examination fee.

Different rates apply to students from countries outside the EU/EEA and Switzerland. Certain exceptions and variations may apply.

Read more about tuition fees here

Scholarship and financing


BI offers scholarships for eligible applicants. Explore the available scholarships and check the eligibility requirements and application deadlines for your programme and intake.

Explore scholarships at BI.

Admission requirements



Priority application deadline for full-time Master programmes: 1 March
After 1 March, applications are accepted on a rolling basis.

Approval of previous education (academic approval)

Applicants with a master’s level background in Finance or other related academic areas have the opportunity to complete the Master in Quantitative Finance at an accelerated pace. The duration and which courses you need to take will be determined when evaluating your application for admission. 

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