The Master's programme in Business Administration provides candidates with a high level of theoretical competence, empirical insight and analytical skills. The candidates will have insight into contemporary theories and practices in the disciplines related to Business Administration.
The candidates will also be able to reflect critically on theoretical, empirical, and ethical problems and challenges they might face in their professional work, how businesses can relate to these.
In addition, they are exposed to global issues and how globalization and global conditions might influence businesses and markets and how businesses can react. In addition, candidates will be able to analyse critically how individuals, societies, and businesses are affected by, and can contribute to the achievement of the UNs Sustainable Development Goals.
Students in this programme will meet an international study environment.
Through collaboration with incoming exchange or degree-seeking students, students improve their language and cross-cultural communication skills.
The programme consists of eleven 7,5 ECTS credits courses, one 15 ECTS credits course and a 30 ECTS credits Master’s Thesis.
Students choose one out of the three specialisations:
Analytical Finance and International Business are entirely taught in English, whereas Management Accounting is partly taught in Norwegian.
Within each specialisation the first and second semester consists of compulsory courses, whereas in the third semester the students choose their electives, goes on exchange or take an Internship (Internship combined with electives). In the last semester of the programme the students write their master's thesis.
The theory of finance is constantly developed and refined. The finance industry changes quickly and produces an ever-increasing volume of data. Consequently, there is a growing need for employees who possess a solid understanding of finance theory and who can process and analyse financial data.
The specialisation in Analytical Finance will provide you with deep knowledge of financial modelling, computer programming skills, and experience in quantitative analysis of financial data. While studying basic financial theory and econometrics, you will focus on combining computer software and real-world data to implement a wide range of financial models. The covered topics include, but are not limited to, portfolio management, asset management, performance evaluation, capital market equilibrium models, pricing of derivative securities, risk measurement, numerical optimization, computer programming, financial econometrics, forecasting and stylized facts about financial markets.
By the time of graduation, you will be proficient in using tools that feature prominently in the practice of modern finance. Upon the graduation, you will possess a competitive advantage for securing an attractive position in a bank, a stock exchange, in security trading, investment, risk management, insurance, government or other financial institutions.
The specialization provides students with insight into how firms create values and how organizations can manage and control the valuation creation process. Graduates from this specialization have the knowledge and the capabilities to assess how market characteristics and other environmental factors influence firm’s strategy and performance. The specialization focuses on national and international accounting standards (Norwegian GAAP vs. IFRS). Students learn to evaluate a firm’s assets and estimate its value as well as discuss how accounting standards and practices influence firms’ financial statements. The specialization is also designed to teach students management accounting and control systems. More specifically, students learn about the design and use of management accounting and control systems to support and control the fulfilment of organizational goals and strategies
Finally, candidates from this specialization understand and, are able to critically reflecting on ethical challenges they might face in business decisions. Graduates from this specialization are well prepared for management and controller positions in business, industry, government, and NGOs.
This specialization provides students with theoretical insights and analytical skills in handling business management and challenges in international markets. Central to the program are multinational companies and how they operate. Challenges faced by small and medium-sized enterprises (SMEs) when entering into the international arena will also be discussed.
The specialisation provides students with knowledge of how the strategic and operational challenges can be analyzed, for example by developing and implementing relevant strategies, management and marketing practices as well as management systems.
International students are admitted to the program as well as Norwegian, and all compulsory courses are taught in English. The specialisation gives students increased cultural understanding and knowledge of international business, making them well suited for positions in enterprises operating in international markets.
|1. sem||Major subject Analytical Finance International Business Management Accounting|
|1. sem||ME-431-1 Quantitative Methods in Finance 7.5 sp||BE-421-1 Investments 7.5 sp||ORG449-1 Strategy 7.5 sp||SE-419-1 Financial Econometrics 7.5 sp|
|1. sem||ME-423-1 Research Methods in Business 7.5 sp||ORG409-1 International Management 7.5 sp||ORG449-1 Strategy 7.5 sp||BE-417-1 Management Control Systems 7.5 sp|
|1. sem||ME-423-1 Research Methods in Business 7.5 sp||SE-418-1 Organisational Economics 7.5 sp||ORG449-1 Strategy 7.5 sp||BE-417-1 Management Control Systems 7.5 sp|
|2. sem||BE-511-1 Derivatives 7.5 sp||TFL400-1 Sustainable Capitalism 15 sp||BE-510-1 Empirical Finance 7.5 sp|
|2. sem||ORG448-1 Emerging Markets 7.5 sp||TFL400-1 Sustainable Capitalism 15 sp||MF-401-1 International Marketing 7.5 sp|
|2. sem||BE-420-1 Financial Accounting 4 7.5 sp||TFL400-1 Sustainable Capitalism 15 sp||BE-418-1 Strategic Management Accounting 7.5 sp|
|3. sem||Elective courses Elective courses Exchange abroad|
|3. sem||Elective courses|
|3. sem||Exchange abroad|
|4. sem||BE-501-1 Master's Thesis in Business Administration 30 sp|
Electives - Autumn 2020
*Please notice that there is limited enrollment to this course and may require separate application. Contact your student advisor for more information.
** Courses taught in English
Students can also choose compulsory courses from the other two specialisations as electives.
In addition, students may apply for approval of European Integration (30 ECTS credits summer/autumn) as electives. Those who wish to do so should contact a student advisor at an early stage, and must themselves apply for admission to the summer program by the regular deadline for application.
European Integration courses:
ST-419 History, Institutions and Policies of European Integration* (10 ECTS credits)Summer
ST-420 Current Issues in the European Union* (10 ECTS credits) Summer
ST-421 Current Debates on the European Union* (10 ECTS credits) Autumn
Students may apply for admission to "SV-420-1 UiA Co-creation - OpenLab" (10 ECTS credits) and have it approved as an elective. They may also apply to have courses from other Master's programmes approved. Contact the Student Adviser at the School of Business and Law for further information.
Important information regarding electives
Please note that course schedule collisions might occur, and that courses on offer may be subject to modification as they rely on sufficient student enrolment and available resources.
A candidate who has successfully completed this programme should have the following learning outcome defined in terms of general competence, knowledge, skills:
GENERAL COMPETENCE (Programme Goals)
The candidate should be able to:
The candidate should be able to:
The candidate should be able to:
The Master's Programme in Business Administration is a full-time programme. Two courses are taught in parallel first part of the semester. The final exams of these courses will be arranged in the regular midterm examination period. The last two courses will be taught in the latter part of the semester. These courses will have final exams within the regular exam period. TFL400 15 ECTS credits course will be taught throughout the full semester.
Teaching methods are accounted for in the course descriptions and may vary between lectures, discussion seminars, groups, written assignments, and presentations. ICT and library databases will be used in several courses. All compulsory courses in the specialisations International Business and Analytical Finance are taught in English. Several electives and courses in the third specialization are also taught in English. The remaining courses are taught in Norwegian.
Several of the courses require the students to submit written assignments (individually or in groups) in order to take the final examination. Some courses might also include oral presentations. Several courses have individually written exams, counting 100% of the final grade. In other courses the final grade is based on written assignments (individually or in groups) combined with written exams. Most courses have letter grades A-F, where A is the best grade and F is fail. See each course description for details.
The master’s programme in Business Administration is international in content and orientation. Students are exposed to international dimensions and issues in teaching as well as in the curriculum. Most of the courses are taught in English and are also offered to international degree seeking students and incoming exchange students. Several faculty members have an international background and are active in international research networks.
The School of Business and Law at UiA is internationally accredited by AACSB (the Association to Advance Collegiate Schools of Business), and the accreditation opens the doors for collaboration with good institutions worldwide.
Students can apply for exchange in the third semester. The School of Business and Law also offers internship in Nordic enterprises in USA, Canada, Asia and Africa combined with studies at one of our partner institutions. Studying abroad provides an opportunity to take courses and subjects beyond what is offered at the School. Additional benefits of studying abroad are an understanding of global issues and challenges, improved language skills and cross-cultural communication skills, highly valued by many employers. For further information on exchange opportunities, see the International Office's website.
In the penultimate semester students may apply for internship in a local business or a Nordic enterprise in the US or Canada or in a high-growth economy in Asia or Africa. Internship is taken in combination with two electives at the School of Business and Law, or electives with a partner university abroad.
60 ECTS credits, including ME-423 Research Methods (SE-419 Financial Econometrics for the specialization Analytical Finance), must be successfully completed in the programme, in order to be assigned a supervisor for the master's thesis.
The programme provides solid knowledge in Business Administration, and so a solid foundation for executive level positions in both private and public sector. Further description of occupational profiles in the description of each spesialisation.
Candidates graduating from this program are attractive to a wide range of positions within private companies, the public sector, and NGOs. They have solid knowledge in Business Administration and a good foundation for challenging positions in both the private and public sectors. Further descriptions of job opportunities can be found in the descriptions of the various specializations. The study program also provides a solid basis for establishing and running their own business.
Successful completion also qualifies for admission to the PhD programme at the School of Business and Law, and to other PhD programmes in Norway and abroad.
School of Business and Law