Economics major – MSc in Business Administration

In the economics major, you will develop a deep understanding of the market forces and economic principles that drive the behavior of firms, consumers, and government agencies. With a strong emphasis on practical application, you will learn how to leverage economic tools and analyses to make strategic business decisions that optimize outcomes for both individual stakeholders and society as a whole. This program will prepare you to be an insightful business leader, adept at navigating the complexities of the modern economic landscape to drive organizational success.

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Economists are trained to determine which strategies could lead to higher profitability and provide data-driven insights.

About the major
ECTS credits

120

Courses

Elective courses in Economics

Learning outcome and career prospects

Upcoming academic year 2024–2025

Programme structure

The economics major comprises of compulsory major courses, specialization courses, electives and a master thesis within your major. The degree is 120 ECTS in total.

The Economics major comprises of three foundation courses that are mandatory (30 ECTS) in the first and second semester:

In addition, you take the program common compulsory course in semester 1

Semester 2

In semester 2, you choose a specialization within your major. You can specialize in:

  • Financial economics
  • Environmental and energy economics
  • Business economics

Each of these specializations comprise of two elective courses (20 ECTS):

In addition to the specialization courses (20 ECTS), the students also take the mandatory major course MSB145 Econometrics and Machine Learning (10 ECTS), in this second semester.

* Students majoring in economics, could choose to take a minor in Innovation and Sustainability in semester 2 instead of specializing within the major. If they choose to do so, MSB300 Economics of Motivation or MSB350 Environmental Economics will be a compulsory course in semester 3.

Semester 3

In the third semester, students can either:

  1. Go on student exchange. The UiS School of Business and Law recommends this alternative.
  2. Take a minor (two elective courses outside your major, 20 ECTS) plus one elective course (10 ECTS).
  3. Choose freely from different elective courses (30 ECTS). One course must be outside of your major.

See all elective courses listed here

In your fourth and final semester, you write your master thesis within your chosen major (30 ECTS).

Upcoming academic year 2024–2025

Study plan

The study plan provides an overview of which courses you take in the different semesters.

In semester 1, you have three mandatory courses:

Optional, but highly recommended:

  • MSB001 Professional Skill Boot Camp (1 ECTS): At the start of the master’s program, students will have an opportunity to attend a boot camp (in week 34). This optional but highly recommended initiative is designed to set them up for successful completion of their master’s degree and learn essential skills for today’s work life.

In semester 2, you have one mandatory course and you choose to either specialize within your major or you choose a minor:

*If you choose to take a minor in Innovation and Sustainable Development in semester 2, you must take either MSB300 Economics of Motivation or MSB350 Environmental Economics in semester 3.

In semester 3, you can choose to either go on student exchange abroad, take a minor or choose elective courses freely*. Choose between:

  1. Exchange semester (30 ECTS)
  2. Minor (20 ECTS) + 10 ECTS free elective
    1. Minor in Management: MSB108 Strategic Management + MSB255 Supply chain and Operations Management or MSB325 Sustainable Buiness Practices or MSB201 Managing Strategic Partnerships and Digital Platform Ecosystems: The Economics of (Digital) Organizations
    2. Minor in Finance: MSB312 ESG issues in Finance + MSB311 Valuation and Small Firm Financing
    3. Minor in Economic Development: MSB305 Growth and Sustainable Development + MSB335 Policies for Transformation
  3. 30 ECTS free electives (min. 10 ECTS must be outside the economics major)

*If you choose to take a minor in Innovation and Sustainable Development in semester 2, you must take either MSB300 Economics of Motivation or MSB350 Environmental Economics in semester 3.

In the fourth and final semester, you write your master thesis:

Meet the teaching team

Professor i samfunnsøkonomi
51831525
UiS School of Business and Law
Department of Economics and Finance
Professor i samfunnsøkonomi
51833729
UiS School of Business and Law
Department of Economics and Finance
Professor i samfunnsøkonomi
51831674
EOJ 244
UiS School of Business and Law
Department of Economics and Finance
Postdoktor i samfunnsøkonomi
51831571
UiS School of Business and Law
Department of Economics and Finance
Postdoktor i samfunnsøkonomi
UiS School of Business and Law
Department of Economics and Finance
Professor i økonomi
51833721
UiS School of Business and Law
Department of Economics and Finance
Førsteamanuensis i samfunnsøkonomi
UiS School of Business and Law
Department of Economics and Finance
Professor i markedsføring
51831436
UiS School of Business and Law
Department of Innovation, Management and Marketing
Professor i finans
51831671
UiS School of Business and Law
Department of Economics and Finance
Professor i regnskap og økonomistyring
UiS School of Business and Law
Department of Accounting and Law
Professor i finans
UiS School of Business and Law
Department of Economics and Finance

Meet former economics students

Contact

Torfinn Harding, Professor of Economics

Head of the Economics major E-mail: torfinn.harding@uis.no Phone: 51831674

Torfinn Harding står utendørs foran et næringsbygg med hendene i lomma og smiler