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2 years
120 ECTS credits

This Study Programme is not open for applicants outside EU/EEA for intake for the academic year 2019/2020.

Are you interested in the use of financial markets for speculation, and risk- and investment management (financial investments)? This specialisation offers in-depth studies of how the market functions in relation to business financing and ownership (corporate finance), and the relationship between financial markets, the market economy and the governments use of markets in the practise of economic policy (macroeconomics).

The specialisation in Financial Economics has a wide disciplinary approach because of the comprehensive changes in national and international financial markets. Financial markets are increasingly used as source of information and as a tool in economic policy.

UiA offers two specialisations in MSc Business Administration for international applicants: Financial Economics and International Management

Course structure

1. sem



Research Methods in Business

Quantitative Financial Economics

2. sem



Financial Statement Analysis and Equity

Econometrics for Finance

3. sem

Electives / Exchange abroad

4. sem

Master's Thesis in Business Administration, 30 ECTS


The programme consists of 7.5 ECTS credit courses and a Master’s Thesis worth 30 ECTS credits.

Please note! Two courses are taught in parallel first part of the semester. The last two courses will be taught in the latter part of the semester.

Display entire program

Admission requirements

Admission requirements

See supplementary regulations regarding admission

Application period
  • EU/EEA applicants: From 1 February till 1 March.
  • Nordic citizens and applicants with a permanent or renewable residence permit in Norway: From 1 February till 1 March.

What do you learn?

Upon successful completion of this programme you will have gained thorough knowledge, skills and general competence in the field of financial economics.

In addition you will have gained advanced knowledge in the areas of business administration and a thorough knowledge of scientific methods. You will be able to integrate insights from different fields of study and use relevant theories on a concrete problem. Furthermore, you will know how to evaluate the financial and societal consequences of a given solution to a particular problem, as well as ethical issues in various settings. 

Job opportunities

The Financial Economics specialisation provides job opportunities in large companies, banks and insurance, stockbroking firms, investment banks and consulting firms, as well as large institutions like central banks and ministries.

Student exchange

In the third semester you may either take elective courses or apply for student exchange abroad. The School of Business and Law has established student exchange agreements with several universities in Europe, USA, South Africa, Australia and Asia. 


Application deadline

1 March

Application code


Questions regarding admission

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