Compulsory courses
Data Analytics and Research Methods Year 1 / Semester 1
"There are 2.5 quintillion bytes of data created each day at our current pace, but that pace is only accelerating with the growth of the Internet of Things (IoT). Over the last two years alone 90 percent of the data in the world was generated." (Marr, 2018). In today’s knowledge economy, data is frequently seen as the most crucial resource ("the new oil"). To make sound, justifiable, and informed decisions, managers need to understand how data is generated, collected, processed, and analyzed, as well as quickly access, process, and comprehend up-to-date information on a small- and large-scale basis. This course offers training for such knowledge and skills, through the use of statistical models, real data from around the world, and the R software. Thereby, students will learn how to uncover the hidden patterns and narratives behind data that can inform the decision-makers to make their business sustainable in this data-driven world.
Read more about Data Analytics and Research Methods
Study points: 20
Course coordinator:
Tom Brökel
Master Thesis Year 2 / Semester 3
The master's thesis is a carefully crafted scholarly document which defines and explores a research question based on original ideas and arguments developed under the influence and inspiration of primary and/or secondary sources. The thesis should have a substantial research component and must be written under the guidance of an advisor. The thesis provides students with an opportunity to demonstrate expertise and represents a test of research independence and self-reliance within his or her field of specialisation.
Read more about Master Thesis
Study points: 30
Course coordinator:
Tom Brökel
Business Decisions Year 1 / Semester 1
Working towards achieving organisational and individual success requires a combination of knowledge and skills in a number of business functions (for example strategy and leadership, economics, finance and accounting, innovation and marketing). In addition to these specific functions, areas such as ethics, sustainability and Corporate Social Responsibility (CSR) are becoming increasingly important. This course builds on a set of international cases focusing on the individual fields as they pertain to making integrated business decisions. You will work together with other students from different specialisations to analyse and deliberate on the cases, and prepare discussions, presentations and written reports. Based on a philosophy of challenge-based learning and co-creation of knowledge, this course provides you with a unique opportunity to learn from each other, from experienced and published academics as well as from industry guest speakers.
Read more about Business Decisions
Study points: 10
Course coordinator:
Rune Todnem By

Management - Specialization

Specialization Strategic Marketing and Analytics
Compulsory courses
Developing and Marketing Innovations Year 1 / Semester 2
Innovation is the lifeblood of modern economies and a key competitive advantage for firms. At the same time, the ultimate success of a new offering, whether a product or service, is fraught with uncertainties. The development and marketing of new products and services is therefore one of the most critical challenges and daunting tasks faced by any firm. This course covers different stages of the development and marketing process, from opportunity identification to launch.
Read more about Developing and Marketing Innovations
Study points: 10
Course coordinator:
Erik Lee Olson
Strategy and Business Models Year 1 / Semester 2
Business is changing. Many of the fundamental developments go beyond mere technological changes or new products and services. Social media, the sharing economy, internet of things, 3D printing each represent both a technological and a business model innovation. This course presents the business model concept, describes a typology of business models, and provides an understanding of the role of strategy as it applies to existing and emerging businesses.
Read more about Strategy and Business Models
Study points: 10
Course coordinator:
Kenneth Henning Wathne
Advanced Marketing Analytics Year 1 / Semester 2
"The world’s most valuable resource is no longer oil, but data" - The Economist
Marketing is not just an art; it requires the use of data and quantitative techniques to support marketing decisions and strategies in a rapidly changing market environment. As data has become one of the key factors shaping today’s businesses, firms are increasingly seeking managers and analysts with advanced background in marketing models to make effective data-driven marketing decisions.
Read more about Advanced Marketing Analytics
Study points: 10
Course coordinator:
Auke Hunneman
Term 3 - Exchange Studies or at UiS
Term 3 - Exchange Studies
Exchange Year 2 / Semester 3
Term 3 - at UiS - electives
Digital Marketing Year 2 / Semester 3
Digital technology is dramatically changing how customers search for information, purchase products and services, and interact and influence each other. The advent of digital technologies presents firms with tremendous opportunities to obtain access to rich customer data and unique insights into the customers’ decision journey. A key challenge for marketers is to understand how to best use digital technologies to reach and engage customers for creating and claiming value for the firm's key stakeholders. The course provides students with the knowledge of how digital marketing works and develops critical skills for more effective marketing in a digital world.
Read more about Digital Marketing
Study points: 10
Course coordinator:
Elham Ghazimatin
Managing Strategic Partnerships Year 2 / Semester 3
No business is an island! Companies' relationships with other firms matter for economic success. Understanding how different organizations, and operating different business models, seize the benefits from networks of partnerships and alliances with other companies, including customers, suppliers and competitors, is of vital importance for survival and competitiveness. This course covers the nature of a firm's relationships with other firms as well as how these relationships are managed.
Read more about Managing Strategic Partnerships
Study points: 10
Course coordinator:
Bjarte Ravndal
Internship Year 2 / Semester 3
Introduction
If suitable to their study profile and course portfolio, program students in either Bachelor or Master of Science in Business Administration may do an internship in a company or public organization. This internship is an excellent opportunity to experience the practical challenges in a real work environment, while at same time reflecting on how practice and theory combine.

Businesses that offer Internship will be presented to the students. Students can also find a suitable internship organization. Internship is limited to 15 bachelor and 15 master students. The final selection depends on an assessment of student qualifications and match between students and internship organizations.
Read more about Internship
Study points: 10
Course coordinator:
Aslaug Mikkelsen
Corporative Law Year 2 / Semester 3
Emnet gir oversikt over sentrale selskapsrettslige spørsmål med hovedfokus på transaksjoner.
Read more about Corporative Law
Study points: 10
Emneansvarlig:
Benn Folkvord
Supply Chain and Lean Management Year 2 / Semester 3
This course provides an overview of Operation Management topics which is the foundation for both SupplyChain and Lean Management issues. The focus is on industrial relevant topics like SupplyChain, Lean Management, Theory of Constraints, and Industry 4.0. These issues overlap partly and will be treated in lectures, essays, presentations etc. How can management of operations contribute to a profitable company or organization. Even if most of the references are from manufacturing industry, the course content and methods are relevant for service and other organizations.
Read more about Supply Chain and Lean Management
Study points: 10
Course coordinator:
Jan Frick
Economics of Motivation Year 2 / Semester 3
What drives people to work hard? Why do we try our best in some settings, while in others we tend to slack off? In this class we explore how employees are motivated, and tools to increase employees' motivation. We apply microeconomic theory, game theory, behavioral economics and psychology to investigate topics such as incentives, intrinsic versus extrinsic motivation, peer effects, performance feedback, employer recognition, autonomy, competitiveness, reciprocity, procrastination, mindset, purpose and social status.
Read more about Economics of Motivation
Study points: 10
Course teacher:
Andreas Østbø Fidjeland
Sustainable Business Practices Year 2 / Semester 3
It is long since the notion of sustainability was confined to environmental policies and non-governmental organizations. Core business trends and strategies are increasingly related to sustainability considerations. This is related to both natural and social resources: Natural resources may be scarce, and the processing, distribution, and consumption of these resources may produce externalities that harm businesses operations. Social resources are also critical for businesses. They come in many forms; as employees and potential employees, as strategic partners, as suppliers, as customers, as the general public, or as a property of a network covering one or more of these actors.
This course gives a thorough introduction into the literature on sustainable business strategies and practices. This is a cross-disciplinary field related to topics like market analysis, institutional theory, resource economics, and business strategy. Is economic growth constrained by scarce resources or by environmental policies? How do we utilise network resources in a sustainable manner? What is the best way to measure growth and how do we approach new technology in a green circular economy? What characterizes the relationship between governments and businesses in such economies? These are questions we will explore in this course.
Read more about Sustainable Business Practices
Study points: 10
Course coordinator:
Thomas Laudal
Environmental and Resource Economics Year 2 / Semester 3
What is the appropriate level of pollution and how can it be achieved? What is the best management of renewable resources (e.g. fish, forest)? What is the optimal extraction rate for non-renewable resources (e.g. oil, natural gas)? How much is a nature experience worth? And what would be the economic cost of an oil spill in the Arctic? Environmental and resource economics is a branch of economics with explicit focus on the role of the environment and natural resources in the economy, and questions like the ones above are examples of ones that students will learn to address during this course.
Read more about Environmental and Resource Economics
Study points: 10
Course coordinator:
Gorm Kipperberg
Cases in Finance Year 2 / Semester 3
This is a case course in finance. The course integrates what has been taught in other finance courses, and applies it to the real-life finance situations. Many of these finance situations will be viewed through a lens of valuation of projects, companies or assets.
Read more about Cases in Finance
Study points: 10
Course coordinator:
Bernt Arne Ødegaard
Knowledge-based Entrepreneurship Year 2 / Semester 3
This course examines the factors that promote entrepreneurial success in new business ventures. The course focuses on knowledge-intensive and socially responsible entrepreneurship, since entrepreneurial ventures in high-cost economies exposed to international competition, such as the Norwegian economy, need to be based on combinations of knowledge and technologies that can provide sustained competitive advantages and be responsive to the needs of the society.
Students are expected to gain knowledge on how to start a business - generate and evaluate ideas, assess industry systems and potential markets, identify value proposition as well as potential risks and create a valid business model for the new business. Through the course you will get an opportunity to connect with student incubator and participate in business completions. Some of our former students won up to 1 mill nok, and are running successful companies, such as Tidewave or Boost.ai. During the course, students will get opportunity to interact with real entrepreneurs in knowledge-based firms. You can work on your own idea, or join a start-up company to help them to develop a valid business model.
Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network. InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
Read more about Knowledge-based Entrepreneurship
Study points: 10
Course teacher:
Elisa Thomas
Specialization Strategic Innovation Management
Compulsory courses
Economics of Innovation Year 1 / Semester 2
What should firms consider when making decisions on investments in innovation? And what is the role of the government and the effects of various policies and instruments on private firms' innovation processes? Examples and data from industries and companies worldwide will be used throughout the course. The role of innovation and policies in sustainable development is also analyzed. The analytical tools and answers to these and other questions will be presented throughout this course, and will give you a solid qualification for any future career involving investment decisions in innovative firms.
Read more about Economics of Innovation
Study points: 10
Course coordinator:
Silje Haus-Reve
Innovation Studies Year 1 / Semester 2
Innovation is increasingly important for the development and competitiveness of firms and economies. Today's most successful firms compete mainly through innovation, whether in the form of continuous development of new products, improvement of processes or organizational forms, or identification of new markets. In order to survive in the knowledge economy, firms need strategies for what kind of innovations to pursue and how to promote innovation by designing the necessary preconditions. Equally, economies develop mainly through innovation, by moving their workforces into new and more productive industries in the economy. To promote development, regions and countries need policies for innovation. However, while innovation represents a progressive force, it can also cause negative consequences for employment and growth in firms and regions through disruptive innovations. This recognition has lead to an increased attention to responsible research and innovation highlighting questions of ethics and sustainability. In this context, knowledge and understanding of innovation, seen in an international perspective, is an important asset.
Through this course, students will develop their understanding of innovation and its role in the broader economy, as well as the factors contributing to innovation in firms. To embed this in actual practices in firms and governmental agencies, guest lecturers from business and public administration will be brought in. The course provides a broad introduction to the literature in innovation studies, drawing on contributions and perspectives from a variety of academic disciplines, including economics, management studies, geography, sociology, and other social sciences. It will cover current debates in the scholarly literature related to the role of innovation in the economy, different models of innovation, and perspectives on how to promote innovation both from the perspective of individual firms and policy-makers.
Read more about Innovation Studies
Study points: 10
Course teacher:
Marte Cecilie Wilhelmsen Solheim
Strategies for Innovation Management Year 1 / Semester 2
Innovation is increasingly important for the development and competitiveness of firms and to delivering social as well as economic values for societies. Today’s most successful firms compete mainly through innovation, whether in the form of continuous development of new products, improvement of processes or organizational forms, or identification of new markets. In order to survive in the knowledge economy, firms need strategies for what kind of innovations to pursue and how to promote innovation by designing the necessary preconditions. In this context, knowledge and understanding of innovation is an important asset. Additionally, innovations increasingly should contribute with generating social and environmental values, addressing Grand Social Challenges. Through this course, students will develop a critical perspective of the firm strategies for the management of the innovation processThrough investigation of the innovation processes in the real private or public organization during the course, students will acquire the skills to assist in managing the firm innovation process in a responsible way. Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network.
InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
Read more about Strategies for Innovation Management
Study points: 10
Course coordinator:
Tatiana Aleksandrovna Iakovleva
Term 3 - Exchange Studies or at UiS
Term 3 - Exchange Studies
Exchange Year 2 / Semester 3
Term 3 at UiS - electives
Digital Marketing Year 2 / Semester 3
Digital technology is dramatically changing how customers search for information, purchase products and services, and interact and influence each other. The advent of digital technologies presents firms with tremendous opportunities to obtain access to rich customer data and unique insights into the customers’ decision journey. A key challenge for marketers is to understand how to best use digital technologies to reach and engage customers for creating and claiming value for the firm's key stakeholders. The course provides students with the knowledge of how digital marketing works and develops critical skills for more effective marketing in a digital world.
Read more about Digital Marketing
Study points: 10
Course coordinator:
Elham Ghazimatin
Managing Strategic Partnerships Year 2 / Semester 3
No business is an island! Companies' relationships with other firms matter for economic success. Understanding how different organizations, and operating different business models, seize the benefits from networks of partnerships and alliances with other companies, including customers, suppliers and competitors, is of vital importance for survival and competitiveness. This course covers the nature of a firm's relationships with other firms as well as how these relationships are managed.
Read more about Managing Strategic Partnerships
Study points: 10
Course coordinator:
Bjarte Ravndal
Internship Year 2 / Semester 3
Introduction
If suitable to their study profile and course portfolio, program students in either Bachelor or Master of Science in Business Administration may do an internship in a company or public organization. This internship is an excellent opportunity to experience the practical challenges in a real work environment, while at same time reflecting on how practice and theory combine.

Businesses that offer Internship will be presented to the students. Students can also find a suitable internship organization. Internship is limited to 15 bachelor and 15 master students. The final selection depends on an assessment of student qualifications and match between students and internship organizations.
Read more about Internship
Study points: 10
Course coordinator:
Aslaug Mikkelsen
Corporative Law Year 2 / Semester 3
Emnet gir oversikt over sentrale selskapsrettslige spørsmål med hovedfokus på transaksjoner.
Read more about Corporative Law
Study points: 10
Emneansvarlig:
Benn Folkvord
Supply Chain and Lean Management Year 2 / Semester 3
This course provides an overview of Operation Management topics which is the foundation for both SupplyChain and Lean Management issues. The focus is on industrial relevant topics like SupplyChain, Lean Management, Theory of Constraints, and Industry 4.0. These issues overlap partly and will be treated in lectures, essays, presentations etc. How can management of operations contribute to a profitable company or organization. Even if most of the references are from manufacturing industry, the course content and methods are relevant for service and other organizations.
Read more about Supply Chain and Lean Management
Study points: 10
Course coordinator:
Jan Frick
Economics of Motivation Year 2 / Semester 3
What drives people to work hard? Why do we try our best in some settings, while in others we tend to slack off? In this class we explore how employees are motivated, and tools to increase employees' motivation. We apply microeconomic theory, game theory, behavioral economics and psychology to investigate topics such as incentives, intrinsic versus extrinsic motivation, peer effects, performance feedback, employer recognition, autonomy, competitiveness, reciprocity, procrastination, mindset, purpose and social status.
Read more about Economics of Motivation
Study points: 10
Course teacher:
Andreas Østbø Fidjeland
Sustainable Business Practices Year 2 / Semester 3
It is long since the notion of sustainability was confined to environmental policies and non-governmental organizations. Core business trends and strategies are increasingly related to sustainability considerations. This is related to both natural and social resources: Natural resources may be scarce, and the processing, distribution, and consumption of these resources may produce externalities that harm businesses operations. Social resources are also critical for businesses. They come in many forms; as employees and potential employees, as strategic partners, as suppliers, as customers, as the general public, or as a property of a network covering one or more of these actors.
This course gives a thorough introduction into the literature on sustainable business strategies and practices. This is a cross-disciplinary field related to topics like market analysis, institutional theory, resource economics, and business strategy. Is economic growth constrained by scarce resources or by environmental policies? How do we utilise network resources in a sustainable manner? What is the best way to measure growth and how do we approach new technology in a green circular economy? What characterizes the relationship between governments and businesses in such economies? These are questions we will explore in this course.
Read more about Sustainable Business Practices
Study points: 10
Course coordinator:
Thomas Laudal
Environmental and Resource Economics Year 2 / Semester 3
What is the appropriate level of pollution and how can it be achieved? What is the best management of renewable resources (e.g. fish, forest)? What is the optimal extraction rate for non-renewable resources (e.g. oil, natural gas)? How much is a nature experience worth? And what would be the economic cost of an oil spill in the Arctic? Environmental and resource economics is a branch of economics with explicit focus on the role of the environment and natural resources in the economy, and questions like the ones above are examples of ones that students will learn to address during this course.
Read more about Environmental and Resource Economics
Study points: 10
Course coordinator:
Gorm Kipperberg
Cases in Finance Year 2 / Semester 3
This is a case course in finance. The course integrates what has been taught in other finance courses, and applies it to the real-life finance situations. Many of these finance situations will be viewed through a lens of valuation of projects, companies or assets.
Read more about Cases in Finance
Study points: 10
Course coordinator:
Bernt Arne Ødegaard
Knowledge-based Entrepreneurship Year 2 / Semester 3
This course examines the factors that promote entrepreneurial success in new business ventures. The course focuses on knowledge-intensive and socially responsible entrepreneurship, since entrepreneurial ventures in high-cost economies exposed to international competition, such as the Norwegian economy, need to be based on combinations of knowledge and technologies that can provide sustained competitive advantages and be responsive to the needs of the society.
Students are expected to gain knowledge on how to start a business - generate and evaluate ideas, assess industry systems and potential markets, identify value proposition as well as potential risks and create a valid business model for the new business. Through the course you will get an opportunity to connect with student incubator and participate in business completions. Some of our former students won up to 1 mill nok, and are running successful companies, such as Tidewave or Boost.ai. During the course, students will get opportunity to interact with real entrepreneurs in knowledge-based firms. You can work on your own idea, or join a start-up company to help them to develop a valid business model.
Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network. InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
Read more about Knowledge-based Entrepreneurship
Study points: 10
Course teacher:
Elisa Thomas
Specialization Economics
Compulsory courses
Microeconomics Year 1 / Semester 2
This master-level course in microeconomics provides students will analytical skills necessary for conducting rigorous examinations of consumer choice, producer decisions, and market formations. Students will also learn to decode applied microeconomic research and gain hands-on experience in empirical analysis. Microeconomics provides important tools for leaders in business environments, analysts in planning and resource management, and researchers within both private and public sectors. In the words of J. M. Keynes: "The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions."
Read more about Microeconomics
Study points: 10
Course coordinator:
Gorm Kipperberg
Macroeconomics Year 1 / Semester 2
This course considers economic theory, quantitative methods and empirical insights relevant for the analysis of key macroeconomic issues such as i) business cycles, ii) sustainable growth and management of national wealth, iii) macroeconomic policy and iv) international macroeconomics and trade. A particular feature of the course is its applied focus, highlighting the interaction between global macroeconomic developments, financial markets and the corporate sector.
Read more about Macroeconomics
Study points: 10
Course coordinator:
Øystein Thøgersen
Term 3 - Exchange Studies or at UiS
Term 3 - Exchange Studies
Exchange Year 2 / Semester 3
Choose one course in term 2
Empirical Labor Economics Year 1 / Semester 2
This course is designed to help students understand the principles underlying both labor demand and labor supply. The main themes include (but are not restricted to):
  • Labor supply and individual trade-offs between working and leisure
  • Parental labor force participation
  • Welfare and labor supply
  • Labor demand and firms decisions on employment
  • The effects of taxation on labor demand
  • Human capital model
  • Spence signalling model
  • Returns to education

Read more about Empirical Labor Economics
Study points: 10
Course coordinator:
Eric Perry Bettinger
Economics of Energy Markets Year 1 / Semester 2
This course builds understanding of the global energy situation, energy and climate policies, and the market outlook for various energy carriers. Coverage includes conventional power generation, wind power, solar energy, oil and natural gas. Drivers of demand, supply and price formation will be explored, including their relationship to resource scarcity, technology and innovation, economic factors, and policy variables. Finally, the course explores the macroeconomics of energy market developments for importers and exporters of energy resources.
Read more about Economics of Energy Markets
Study points: 10
Course coordinator:
Lassi Mikael Ahlvik
Term 3 - at UiS
Choose 3 course in term 2/3 - 30 points
Financial statement analysis and security valuation Year 1 / Semester 2
This course is an advanced course in financial statements and valuation at the Master's level. We will examine how the value of firms can be estimated. Knowledge from both finance and accounting is integrated into this course.
The financial statements contain value-relevant information. Therefore, this course focuses on how this information can be used for valuation purposes. In this course, we also focus on how active investors can exploit potential mispricing in the market. Further, earnings differ from cash flows because of accrual accounting. Therefore, the course lays out how accruals can help in understanding the value of firms.
Read more about Financial statement analysis and security valuation
Study points: 10
Course coordinator:
Marius Sikveland
Developing and Marketing Innovations Year 1 / Semester 2
Innovation is the lifeblood of modern economies and a key competitive advantage for firms. At the same time, the ultimate success of a new offering, whether a product or service, is fraught with uncertainties. The development and marketing of new products and services is therefore one of the most critical challenges and daunting tasks faced by any firm. This course covers different stages of the development and marketing process, from opportunity identification to launch.
Read more about Developing and Marketing Innovations
Study points: 10
Course coordinator:
Erik Lee Olson
Strategy and Business Models Year 1 / Semester 2
Business is changing. Many of the fundamental developments go beyond mere technological changes or new products and services. Social media, the sharing economy, internet of things, 3D printing each represent both a technological and a business model innovation. This course presents the business model concept, describes a typology of business models, and provides an understanding of the role of strategy as it applies to existing and emerging businesses.
Read more about Strategy and Business Models
Study points: 10
Course coordinator:
Kenneth Henning Wathne
Advanced Marketing Analytics Year 1 / Semester 2
"The world’s most valuable resource is no longer oil, but data" - The Economist
Marketing is not just an art; it requires the use of data and quantitative techniques to support marketing decisions and strategies in a rapidly changing market environment. As data has become one of the key factors shaping today’s businesses, firms are increasingly seeking managers and analysts with advanced background in marketing models to make effective data-driven marketing decisions.
Read more about Advanced Marketing Analytics
Study points: 10
Course coordinator:
Auke Hunneman
Investments Year 1 / Semester 2
This course is about investement decisions, particularly investments in financial assets. To make informed investment decisions one first need an understanding of available assets, their payoff stuctures, and how they are priced. Secondly, one needs an understanding of how to combine assets into portfolios, and determining the optimal portfolio for a given investor. The specific topics covered in detail in this course are pricing of financial assets, such as stocks and bonds, portfolio theory, asset pricing and portfolio evaluation.
Read more about Investments
Study points: 10
Course coordinator:
Peter Molnar
Derivatives and Risk Management in Energy and Commodity Markets Year 1 / Semester 2
The development of a pricing formula for options (The Black Scholes formula) was the start of a revolution in finance. The result of this revolution has been a proliferation of market places for trading derivative securities, such as futures and options, and a continued expansion in the risks one can hedge using derivatives. This course develops tools for understanding and using derivatives. First, we discuss the various types of derivatives, and ways to price them. Second, we discuss the ways in which corporations can use derivatives to hedge risks, and, as importantly, when to hedge.
Read more about Derivatives and Risk Management in Energy and Commodity Markets
Study points: 10
Course coordinator:
Bård Misund
Innovation Studies Year 1 / Semester 2
Innovation is increasingly important for the development and competitiveness of firms and economies. Today's most successful firms compete mainly through innovation, whether in the form of continuous development of new products, improvement of processes or organizational forms, or identification of new markets. In order to survive in the knowledge economy, firms need strategies for what kind of innovations to pursue and how to promote innovation by designing the necessary preconditions. Equally, economies develop mainly through innovation, by moving their workforces into new and more productive industries in the economy. To promote development, regions and countries need policies for innovation. However, while innovation represents a progressive force, it can also cause negative consequences for employment and growth in firms and regions through disruptive innovations. This recognition has lead to an increased attention to responsible research and innovation highlighting questions of ethics and sustainability. In this context, knowledge and understanding of innovation, seen in an international perspective, is an important asset.
Through this course, students will develop their understanding of innovation and its role in the broader economy, as well as the factors contributing to innovation in firms. To embed this in actual practices in firms and governmental agencies, guest lecturers from business and public administration will be brought in. The course provides a broad introduction to the literature in innovation studies, drawing on contributions and perspectives from a variety of academic disciplines, including economics, management studies, geography, sociology, and other social sciences. It will cover current debates in the scholarly literature related to the role of innovation in the economy, different models of innovation, and perspectives on how to promote innovation both from the perspective of individual firms and policy-makers.
Read more about Innovation Studies
Study points: 10
Course teacher:
Marte Cecilie Wilhelmsen Solheim
Corporate Finance and Governance Year 1 / Semester 2
This Master level course exposes students to theories and to practical situations that creates an ability to (i) analyze and critically assess companies’ governance structures and financial decisions, and (ii) contribute to corporate financial decisions.
Read more about Corporate Finance and Governance
Study points: 10
Course coordinator:
Lars Mattias Hamberg
Economics of Innovation Year 1 / Semester 2
What should firms consider when making decisions on investments in innovation? And what is the role of the government and the effects of various policies and instruments on private firms' innovation processes? Examples and data from industries and companies worldwide will be used throughout the course. The role of innovation and policies in sustainable development is also analyzed. The analytical tools and answers to these and other questions will be presented throughout this course, and will give you a solid qualification for any future career involving investment decisions in innovative firms.
Read more about Economics of Innovation
Study points: 10
Course coordinator:
Silje Haus-Reve
Strategies for Innovation Management Year 1 / Semester 2
Innovation is increasingly important for the development and competitiveness of firms and to delivering social as well as economic values for societies. Today’s most successful firms compete mainly through innovation, whether in the form of continuous development of new products, improvement of processes or organizational forms, or identification of new markets. In order to survive in the knowledge economy, firms need strategies for what kind of innovations to pursue and how to promote innovation by designing the necessary preconditions. In this context, knowledge and understanding of innovation is an important asset. Additionally, innovations increasingly should contribute with generating social and environmental values, addressing Grand Social Challenges. Through this course, students will develop a critical perspective of the firm strategies for the management of the innovation processThrough investigation of the innovation processes in the real private or public organization during the course, students will acquire the skills to assist in managing the firm innovation process in a responsible way. Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network.
InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
Read more about Strategies for Innovation Management
Study points: 10
Course coordinator:
Tatiana Aleksandrovna Iakovleva
Digital Marketing Year 2 / Semester 3
Digital technology is dramatically changing how customers search for information, purchase products and services, and interact and influence each other. The advent of digital technologies presents firms with tremendous opportunities to obtain access to rich customer data and unique insights into the customers’ decision journey. A key challenge for marketers is to understand how to best use digital technologies to reach and engage customers for creating and claiming value for the firm's key stakeholders. The course provides students with the knowledge of how digital marketing works and develops critical skills for more effective marketing in a digital world.
Read more about Digital Marketing
Study points: 10
Course coordinator:
Elham Ghazimatin
Managing Strategic Partnerships Year 2 / Semester 3
No business is an island! Companies' relationships with other firms matter for economic success. Understanding how different organizations, and operating different business models, seize the benefits from networks of partnerships and alliances with other companies, including customers, suppliers and competitors, is of vital importance for survival and competitiveness. This course covers the nature of a firm's relationships with other firms as well as how these relationships are managed.
Read more about Managing Strategic Partnerships
Study points: 10
Course coordinator:
Bjarte Ravndal
Internship Year 2 / Semester 3
Introduction
If suitable to their study profile and course portfolio, program students in either Bachelor or Master of Science in Business Administration may do an internship in a company or public organization. This internship is an excellent opportunity to experience the practical challenges in a real work environment, while at same time reflecting on how practice and theory combine.

Businesses that offer Internship will be presented to the students. Students can also find a suitable internship organization. Internship is limited to 15 bachelor and 15 master students. The final selection depends on an assessment of student qualifications and match between students and internship organizations.
Read more about Internship
Study points: 10
Course coordinator:
Aslaug Mikkelsen
Corporative Law Year 2 / Semester 3
Emnet gir oversikt over sentrale selskapsrettslige spørsmål med hovedfokus på transaksjoner.
Read more about Corporative Law
Study points: 10
Emneansvarlig:
Benn Folkvord
Supply Chain and Lean Management Year 2 / Semester 3
This course provides an overview of Operation Management topics which is the foundation for both SupplyChain and Lean Management issues. The focus is on industrial relevant topics like SupplyChain, Lean Management, Theory of Constraints, and Industry 4.0. These issues overlap partly and will be treated in lectures, essays, presentations etc. How can management of operations contribute to a profitable company or organization. Even if most of the references are from manufacturing industry, the course content and methods are relevant for service and other organizations.
Read more about Supply Chain and Lean Management
Study points: 10
Course coordinator:
Jan Frick
Economics of Motivation Year 2 / Semester 3
What drives people to work hard? Why do we try our best in some settings, while in others we tend to slack off? In this class we explore how employees are motivated, and tools to increase employees' motivation. We apply microeconomic theory, game theory, behavioral economics and psychology to investigate topics such as incentives, intrinsic versus extrinsic motivation, peer effects, performance feedback, employer recognition, autonomy, competitiveness, reciprocity, procrastination, mindset, purpose and social status.
Read more about Economics of Motivation
Study points: 10
Course teacher:
Andreas Østbø Fidjeland
Sustainable Business Practices Year 2 / Semester 3
It is long since the notion of sustainability was confined to environmental policies and non-governmental organizations. Core business trends and strategies are increasingly related to sustainability considerations. This is related to both natural and social resources: Natural resources may be scarce, and the processing, distribution, and consumption of these resources may produce externalities that harm businesses operations. Social resources are also critical for businesses. They come in many forms; as employees and potential employees, as strategic partners, as suppliers, as customers, as the general public, or as a property of a network covering one or more of these actors.
This course gives a thorough introduction into the literature on sustainable business strategies and practices. This is a cross-disciplinary field related to topics like market analysis, institutional theory, resource economics, and business strategy. Is economic growth constrained by scarce resources or by environmental policies? How do we utilise network resources in a sustainable manner? What is the best way to measure growth and how do we approach new technology in a green circular economy? What characterizes the relationship between governments and businesses in such economies? These are questions we will explore in this course.
Read more about Sustainable Business Practices
Study points: 10
Course coordinator:
Thomas Laudal
Environmental and Resource Economics Year 2 / Semester 3
What is the appropriate level of pollution and how can it be achieved? What is the best management of renewable resources (e.g. fish, forest)? What is the optimal extraction rate for non-renewable resources (e.g. oil, natural gas)? How much is a nature experience worth? And what would be the economic cost of an oil spill in the Arctic? Environmental and resource economics is a branch of economics with explicit focus on the role of the environment and natural resources in the economy, and questions like the ones above are examples of ones that students will learn to address during this course.
Read more about Environmental and Resource Economics
Study points: 10
Course coordinator:
Gorm Kipperberg
Cases in Finance Year 2 / Semester 3
This is a case course in finance. The course integrates what has been taught in other finance courses, and applies it to the real-life finance situations. Many of these finance situations will be viewed through a lens of valuation of projects, companies or assets.
Read more about Cases in Finance
Study points: 10
Course coordinator:
Bernt Arne Ødegaard
Knowledge-based Entrepreneurship Year 2 / Semester 3
This course examines the factors that promote entrepreneurial success in new business ventures. The course focuses on knowledge-intensive and socially responsible entrepreneurship, since entrepreneurial ventures in high-cost economies exposed to international competition, such as the Norwegian economy, need to be based on combinations of knowledge and technologies that can provide sustained competitive advantages and be responsive to the needs of the society.
Students are expected to gain knowledge on how to start a business - generate and evaluate ideas, assess industry systems and potential markets, identify value proposition as well as potential risks and create a valid business model for the new business. Through the course you will get an opportunity to connect with student incubator and participate in business completions. Some of our former students won up to 1 mill nok, and are running successful companies, such as Tidewave or Boost.ai. During the course, students will get opportunity to interact with real entrepreneurs in knowledge-based firms. You can work on your own idea, or join a start-up company to help them to develop a valid business model.
Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network. InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
Read more about Knowledge-based Entrepreneurship
Study points: 10
Course teacher:
Elisa Thomas
Choose one course in term 2 og 3
Empirical Labor Economics Year 1 / Semester 2
This course is designed to help students understand the principles underlying both labor demand and labor supply. The main themes include (but are not restricted to):
  • Labor supply and individual trade-offs between working and leisure
  • Parental labor force participation
  • Welfare and labor supply
  • Labor demand and firms decisions on employment
  • The effects of taxation on labor demand
  • Human capital model
  • Spence signalling model
  • Returns to education

Read more about Empirical Labor Economics
Study points: 10
Course coordinator:
Eric Perry Bettinger
Economics of Energy Markets Year 1 / Semester 2
This course builds understanding of the global energy situation, energy and climate policies, and the market outlook for various energy carriers. Coverage includes conventional power generation, wind power, solar energy, oil and natural gas. Drivers of demand, supply and price formation will be explored, including their relationship to resource scarcity, technology and innovation, economic factors, and policy variables. Finally, the course explores the macroeconomics of energy market developments for importers and exporters of energy resources.
Read more about Economics of Energy Markets
Study points: 10
Course coordinator:
Lassi Mikael Ahlvik
Economics of Motivation Year 2 / Semester 3
What drives people to work hard? Why do we try our best in some settings, while in others we tend to slack off? In this class we explore how employees are motivated, and tools to increase employees' motivation. We apply microeconomic theory, game theory, behavioral economics and psychology to investigate topics such as incentives, intrinsic versus extrinsic motivation, peer effects, performance feedback, employer recognition, autonomy, competitiveness, reciprocity, procrastination, mindset, purpose and social status.
Read more about Economics of Motivation
Study points: 10
Course teacher:
Andreas Østbø Fidjeland
Environmental and Resource Economics Year 2 / Semester 3
What is the appropriate level of pollution and how can it be achieved? What is the best management of renewable resources (e.g. fish, forest)? What is the optimal extraction rate for non-renewable resources (e.g. oil, natural gas)? How much is a nature experience worth? And what would be the economic cost of an oil spill in the Arctic? Environmental and resource economics is a branch of economics with explicit focus on the role of the environment and natural resources in the economy, and questions like the ones above are examples of ones that students will learn to address during this course.
Read more about Environmental and Resource Economics
Study points: 10
Course coordinator:
Gorm Kipperberg
Specialization Applied Finance
Compulsory courses
Investments Year 1 / Semester 2
This course is about investement decisions, particularly investments in financial assets. To make informed investment decisions one first need an understanding of available assets, their payoff stuctures, and how they are priced. Secondly, one needs an understanding of how to combine assets into portfolios, and determining the optimal portfolio for a given investor. The specific topics covered in detail in this course are pricing of financial assets, such as stocks and bonds, portfolio theory, asset pricing and portfolio evaluation.
Read more about Investments
Study points: 10
Course coordinator:
Peter Molnar
Corporate Finance and Governance Year 1 / Semester 2
This Master level course exposes students to theories and to practical situations that creates an ability to (i) analyze and critically assess companies’ governance structures and financial decisions, and (ii) contribute to corporate financial decisions.
Read more about Corporate Finance and Governance
Study points: 10
Course coordinator:
Lars Mattias Hamberg
Term 3 - Exchange Studies or at UiS
Term 3 - Exchange Studies
Exchange Year 2 / Semester 3
Choose one course in term 2
Derivatives and Risk Management in Energy and Commodity Markets Year 1 / Semester 2
The development of a pricing formula for options (The Black Scholes formula) was the start of a revolution in finance. The result of this revolution has been a proliferation of market places for trading derivative securities, such as futures and options, and a continued expansion in the risks one can hedge using derivatives. This course develops tools for understanding and using derivatives. First, we discuss the various types of derivatives, and ways to price them. Second, we discuss the ways in which corporations can use derivatives to hedge risks, and, as importantly, when to hedge.
Read more about Derivatives and Risk Management in Energy and Commodity Markets
Study points: 10
Course coordinator:
Bård Misund
Financial statement analysis and security valuation Year 1 / Semester 2
This course is an advanced course in financial statements and valuation at the Master's level. We will examine how the value of firms can be estimated. Knowledge from both finance and accounting is integrated into this course.
The financial statements contain value-relevant information. Therefore, this course focuses on how this information can be used for valuation purposes. In this course, we also focus on how active investors can exploit potential mispricing in the market. Further, earnings differ from cash flows because of accrual accounting. Therefore, the course lays out how accruals can help in understanding the value of firms.
Read more about Financial statement analysis and security valuation
Study points: 10
Course coordinator:
Marius Sikveland
Microeconomics Year 1 / Semester 2
This master-level course in microeconomics provides students will analytical skills necessary for conducting rigorous examinations of consumer choice, producer decisions, and market formations. Students will also learn to decode applied microeconomic research and gain hands-on experience in empirical analysis. Microeconomics provides important tools for leaders in business environments, analysts in planning and resource management, and researchers within both private and public sectors. In the words of J. M. Keynes: "The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions."
Read more about Microeconomics
Study points: 10
Course coordinator:
Gorm Kipperberg
Macroeconomics Year 1 / Semester 2
This course considers economic theory, quantitative methods and empirical insights relevant for the analysis of key macroeconomic issues such as i) business cycles, ii) sustainable growth and management of national wealth, iii) macroeconomic policy and iv) international macroeconomics and trade. A particular feature of the course is its applied focus, highlighting the interaction between global macroeconomic developments, financial markets and the corporate sector.
Read more about Macroeconomics
Study points: 10
Course coordinator:
Øystein Thøgersen
Economics of Energy Markets Year 1 / Semester 2
This course builds understanding of the global energy situation, energy and climate policies, and the market outlook for various energy carriers. Coverage includes conventional power generation, wind power, solar energy, oil and natural gas. Drivers of demand, supply and price formation will be explored, including their relationship to resource scarcity, technology and innovation, economic factors, and policy variables. Finally, the course explores the macroeconomics of energy market developments for importers and exporters of energy resources.
Read more about Economics of Energy Markets
Study points: 10
Course coordinator:
Lassi Mikael Ahlvik
Term 3 - at UiS
Choose one course in term 2 og 3
Financial statement analysis and security valuation Year 1 / Semester 2
This course is an advanced course in financial statements and valuation at the Master's level. We will examine how the value of firms can be estimated. Knowledge from both finance and accounting is integrated into this course.
The financial statements contain value-relevant information. Therefore, this course focuses on how this information can be used for valuation purposes. In this course, we also focus on how active investors can exploit potential mispricing in the market. Further, earnings differ from cash flows because of accrual accounting. Therefore, the course lays out how accruals can help in understanding the value of firms.
Read more about Financial statement analysis and security valuation
Study points: 10
Course coordinator:
Marius Sikveland
Microeconomics Year 1 / Semester 2
This master-level course in microeconomics provides students will analytical skills necessary for conducting rigorous examinations of consumer choice, producer decisions, and market formations. Students will also learn to decode applied microeconomic research and gain hands-on experience in empirical analysis. Microeconomics provides important tools for leaders in business environments, analysts in planning and resource management, and researchers within both private and public sectors. In the words of J. M. Keynes: "The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions."
Read more about Microeconomics
Study points: 10
Course coordinator:
Gorm Kipperberg
Macroeconomics Year 1 / Semester 2
This course considers economic theory, quantitative methods and empirical insights relevant for the analysis of key macroeconomic issues such as i) business cycles, ii) sustainable growth and management of national wealth, iii) macroeconomic policy and iv) international macroeconomics and trade. A particular feature of the course is its applied focus, highlighting the interaction between global macroeconomic developments, financial markets and the corporate sector.
Read more about Macroeconomics
Study points: 10
Course coordinator:
Øystein Thøgersen
Derivatives and Risk Management in Energy and Commodity Markets Year 1 / Semester 2
The development of a pricing formula for options (The Black Scholes formula) was the start of a revolution in finance. The result of this revolution has been a proliferation of market places for trading derivative securities, such as futures and options, and a continued expansion in the risks one can hedge using derivatives. This course develops tools for understanding and using derivatives. First, we discuss the various types of derivatives, and ways to price them. Second, we discuss the ways in which corporations can use derivatives to hedge risks, and, as importantly, when to hedge.
Read more about Derivatives and Risk Management in Energy and Commodity Markets
Study points: 10
Course coordinator:
Bård Misund
Economics of Energy Markets Year 1 / Semester 2
This course builds understanding of the global energy situation, energy and climate policies, and the market outlook for various energy carriers. Coverage includes conventional power generation, wind power, solar energy, oil and natural gas. Drivers of demand, supply and price formation will be explored, including their relationship to resource scarcity, technology and innovation, economic factors, and policy variables. Finally, the course explores the macroeconomics of energy market developments for importers and exporters of energy resources.
Read more about Economics of Energy Markets
Study points: 10
Course coordinator:
Lassi Mikael Ahlvik
Cases in Finance Year 2 / Semester 3
This is a case course in finance. The course integrates what has been taught in other finance courses, and applies it to the real-life finance situations. Many of these finance situations will be viewed through a lens of valuation of projects, companies or assets.
Read more about Cases in Finance
Study points: 10
Course coordinator:
Bernt Arne Ødegaard
Choose 3 course in term 3
Developing and Marketing Innovations Year 1 / Semester 2
Innovation is the lifeblood of modern economies and a key competitive advantage for firms. At the same time, the ultimate success of a new offering, whether a product or service, is fraught with uncertainties. The development and marketing of new products and services is therefore one of the most critical challenges and daunting tasks faced by any firm. This course covers different stages of the development and marketing process, from opportunity identification to launch.
Read more about Developing and Marketing Innovations
Study points: 10
Course coordinator:
Erik Lee Olson
Strategy and Business Models Year 1 / Semester 2
Business is changing. Many of the fundamental developments go beyond mere technological changes or new products and services. Social media, the sharing economy, internet of things, 3D printing each represent both a technological and a business model innovation. This course presents the business model concept, describes a typology of business models, and provides an understanding of the role of strategy as it applies to existing and emerging businesses.
Read more about Strategy and Business Models
Study points: 10
Course coordinator:
Kenneth Henning Wathne
Advanced Marketing Analytics Year 1 / Semester 2
"The world’s most valuable resource is no longer oil, but data" - The Economist
Marketing is not just an art; it requires the use of data and quantitative techniques to support marketing decisions and strategies in a rapidly changing market environment. As data has become one of the key factors shaping today’s businesses, firms are increasingly seeking managers and analysts with advanced background in marketing models to make effective data-driven marketing decisions.
Read more about Advanced Marketing Analytics
Study points: 10
Course coordinator:
Auke Hunneman
Empirical Labor Economics Year 1 / Semester 2
This course is designed to help students understand the principles underlying both labor demand and labor supply. The main themes include (but are not restricted to):
  • Labor supply and individual trade-offs between working and leisure
  • Parental labor force participation
  • Welfare and labor supply
  • Labor demand and firms decisions on employment
  • The effects of taxation on labor demand
  • Human capital model
  • Spence signalling model
  • Returns to education

Read more about Empirical Labor Economics
Study points: 10
Course coordinator:
Eric Perry Bettinger
Innovation Studies Year 1 / Semester 2
Innovation is increasingly important for the development and competitiveness of firms and economies. Today's most successful firms compete mainly through innovation, whether in the form of continuous development of new products, improvement of processes or organizational forms, or identification of new markets. In order to survive in the knowledge economy, firms need strategies for what kind of innovations to pursue and how to promote innovation by designing the necessary preconditions. Equally, economies develop mainly through innovation, by moving their workforces into new and more productive industries in the economy. To promote development, regions and countries need policies for innovation. However, while innovation represents a progressive force, it can also cause negative consequences for employment and growth in firms and regions through disruptive innovations. This recognition has lead to an increased attention to responsible research and innovation highlighting questions of ethics and sustainability. In this context, knowledge and understanding of innovation, seen in an international perspective, is an important asset.
Through this course, students will develop their understanding of innovation and its role in the broader economy, as well as the factors contributing to innovation in firms. To embed this in actual practices in firms and governmental agencies, guest lecturers from business and public administration will be brought in. The course provides a broad introduction to the literature in innovation studies, drawing on contributions and perspectives from a variety of academic disciplines, including economics, management studies, geography, sociology, and other social sciences. It will cover current debates in the scholarly literature related to the role of innovation in the economy, different models of innovation, and perspectives on how to promote innovation both from the perspective of individual firms and policy-makers.
Read more about Innovation Studies
Study points: 10
Course teacher:
Marte Cecilie Wilhelmsen Solheim
Economics of Innovation Year 1 / Semester 2
What should firms consider when making decisions on investments in innovation? And what is the role of the government and the effects of various policies and instruments on private firms' innovation processes? Examples and data from industries and companies worldwide will be used throughout the course. The role of innovation and policies in sustainable development is also analyzed. The analytical tools and answers to these and other questions will be presented throughout this course, and will give you a solid qualification for any future career involving investment decisions in innovative firms.
Read more about Economics of Innovation
Study points: 10
Course coordinator:
Silje Haus-Reve
Strategies for Innovation Management Year 1 / Semester 2
Innovation is increasingly important for the development and competitiveness of firms and to delivering social as well as economic values for societies. Today’s most successful firms compete mainly through innovation, whether in the form of continuous development of new products, improvement of processes or organizational forms, or identification of new markets. In order to survive in the knowledge economy, firms need strategies for what kind of innovations to pursue and how to promote innovation by designing the necessary preconditions. In this context, knowledge and understanding of innovation is an important asset. Additionally, innovations increasingly should contribute with generating social and environmental values, addressing Grand Social Challenges. Through this course, students will develop a critical perspective of the firm strategies for the management of the innovation processThrough investigation of the innovation processes in the real private or public organization during the course, students will acquire the skills to assist in managing the firm innovation process in a responsible way. Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network.
InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
Read more about Strategies for Innovation Management
Study points: 10
Course coordinator:
Tatiana Aleksandrovna Iakovleva
Digital Marketing Year 2 / Semester 3
Digital technology is dramatically changing how customers search for information, purchase products and services, and interact and influence each other. The advent of digital technologies presents firms with tremendous opportunities to obtain access to rich customer data and unique insights into the customers’ decision journey. A key challenge for marketers is to understand how to best use digital technologies to reach and engage customers for creating and claiming value for the firm's key stakeholders. The course provides students with the knowledge of how digital marketing works and develops critical skills for more effective marketing in a digital world.
Read more about Digital Marketing
Study points: 10
Course coordinator:
Elham Ghazimatin
Managing Strategic Partnerships Year 2 / Semester 3
No business is an island! Companies' relationships with other firms matter for economic success. Understanding how different organizations, and operating different business models, seize the benefits from networks of partnerships and alliances with other companies, including customers, suppliers and competitors, is of vital importance for survival and competitiveness. This course covers the nature of a firm's relationships with other firms as well as how these relationships are managed.
Read more about Managing Strategic Partnerships
Study points: 10
Course coordinator:
Bjarte Ravndal
Internship Year 2 / Semester 3
Introduction
If suitable to their study profile and course portfolio, program students in either Bachelor or Master of Science in Business Administration may do an internship in a company or public organization. This internship is an excellent opportunity to experience the practical challenges in a real work environment, while at same time reflecting on how practice and theory combine.

Businesses that offer Internship will be presented to the students. Students can also find a suitable internship organization. Internship is limited to 15 bachelor and 15 master students. The final selection depends on an assessment of student qualifications and match between students and internship organizations.
Read more about Internship
Study points: 10
Course coordinator:
Aslaug Mikkelsen
Corporative Law Year 2 / Semester 3
Emnet gir oversikt over sentrale selskapsrettslige spørsmål med hovedfokus på transaksjoner.
Read more about Corporative Law
Study points: 10
Emneansvarlig:
Benn Folkvord
Supply Chain and Lean Management Year 2 / Semester 3
This course provides an overview of Operation Management topics which is the foundation for both SupplyChain and Lean Management issues. The focus is on industrial relevant topics like SupplyChain, Lean Management, Theory of Constraints, and Industry 4.0. These issues overlap partly and will be treated in lectures, essays, presentations etc. How can management of operations contribute to a profitable company or organization. Even if most of the references are from manufacturing industry, the course content and methods are relevant for service and other organizations.
Read more about Supply Chain and Lean Management
Study points: 10
Course coordinator:
Jan Frick
Economics of Motivation Year 2 / Semester 3
What drives people to work hard? Why do we try our best in some settings, while in others we tend to slack off? In this class we explore how employees are motivated, and tools to increase employees' motivation. We apply microeconomic theory, game theory, behavioral economics and psychology to investigate topics such as incentives, intrinsic versus extrinsic motivation, peer effects, performance feedback, employer recognition, autonomy, competitiveness, reciprocity, procrastination, mindset, purpose and social status.
Read more about Economics of Motivation
Study points: 10
Course teacher:
Andreas Østbø Fidjeland
Sustainable Business Practices Year 2 / Semester 3
It is long since the notion of sustainability was confined to environmental policies and non-governmental organizations. Core business trends and strategies are increasingly related to sustainability considerations. This is related to both natural and social resources: Natural resources may be scarce, and the processing, distribution, and consumption of these resources may produce externalities that harm businesses operations. Social resources are also critical for businesses. They come in many forms; as employees and potential employees, as strategic partners, as suppliers, as customers, as the general public, or as a property of a network covering one or more of these actors.
This course gives a thorough introduction into the literature on sustainable business strategies and practices. This is a cross-disciplinary field related to topics like market analysis, institutional theory, resource economics, and business strategy. Is economic growth constrained by scarce resources or by environmental policies? How do we utilise network resources in a sustainable manner? What is the best way to measure growth and how do we approach new technology in a green circular economy? What characterizes the relationship between governments and businesses in such economies? These are questions we will explore in this course.
Read more about Sustainable Business Practices
Study points: 10
Course coordinator:
Thomas Laudal
Environmental and Resource Economics Year 2 / Semester 3
What is the appropriate level of pollution and how can it be achieved? What is the best management of renewable resources (e.g. fish, forest)? What is the optimal extraction rate for non-renewable resources (e.g. oil, natural gas)? How much is a nature experience worth? And what would be the economic cost of an oil spill in the Arctic? Environmental and resource economics is a branch of economics with explicit focus on the role of the environment and natural resources in the economy, and questions like the ones above are examples of ones that students will learn to address during this course.
Read more about Environmental and Resource Economics
Study points: 10
Course coordinator:
Gorm Kipperberg
Knowledge-based Entrepreneurship Year 2 / Semester 3
This course examines the factors that promote entrepreneurial success in new business ventures. The course focuses on knowledge-intensive and socially responsible entrepreneurship, since entrepreneurial ventures in high-cost economies exposed to international competition, such as the Norwegian economy, need to be based on combinations of knowledge and technologies that can provide sustained competitive advantages and be responsive to the needs of the society.
Students are expected to gain knowledge on how to start a business - generate and evaluate ideas, assess industry systems and potential markets, identify value proposition as well as potential risks and create a valid business model for the new business. Through the course you will get an opportunity to connect with student incubator and participate in business completions. Some of our former students won up to 1 mill nok, and are running successful companies, such as Tidewave or Boost.ai. During the course, students will get opportunity to interact with real entrepreneurs in knowledge-based firms. You can work on your own idea, or join a start-up company to help them to develop a valid business model.
Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network. InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
Read more about Knowledge-based Entrepreneurship
Study points: 10
Course teacher:
Elisa Thomas
Specialization Leadership in a Digital Economy
Compulsory courses
Strategy and Business Models Year 1 / Semester 2
Business is changing. Many of the fundamental developments go beyond mere technological changes or new products and services. Social media, the sharing economy, internet of things, 3D printing each represent both a technological and a business model innovation. This course presents the business model concept, describes a typology of business models, and provides an understanding of the role of strategy as it applies to existing and emerging businesses.
Read more about Strategy and Business Models
Study points: 10
Course coordinator:
Kenneth Henning Wathne
Leadership and Organisational Change Year 1 / Semester 2
This course is designed to develop your leadership capabilities and capacity. Acknowledging leadership as a verb (something we do - not something we are) will facilitate your critical understanding and application of leadership and organisational change theory, models and tools. You will engage in, and actively contribute to a challenge-based, future-focused learning experience built on a philosophy of co-creation of knowledge. The intention is not to present a historical and retrospective overview and analysis of leadership through the times, but to focus on a live challenge together with stakeholders from the public, private and/or third sector.
Read more about Leadership and Organisational Change
Study points: 10
Course coordinator:
Rune Todnem By
Information Management and Digitalization Year 1 / Semester 2
Digital transformation is about adopting business processes and practices that position organizations to compete effectively in an increasingly digital economy. This organizational adaptation is primarily about leadership and strategy, where digital technology provides opportunities and threats. The course deals with this tension.
Read more about Information Management and Digitalization
Study points: 10
Course coordinator:
Bjarte Ravndal
Term 3 - Exchange Studies or at UiS
Term 3 - Exchange Studies
Exchange Year 2 / Semester 3
Term 3 at UiS - electives
Digital Marketing Year 2 / Semester 3
Digital technology is dramatically changing how customers search for information, purchase products and services, and interact and influence each other. The advent of digital technologies presents firms with tremendous opportunities to obtain access to rich customer data and unique insights into the customers’ decision journey. A key challenge for marketers is to understand how to best use digital technologies to reach and engage customers for creating and claiming value for the firm's key stakeholders. The course provides students with the knowledge of how digital marketing works and develops critical skills for more effective marketing in a digital world.
Read more about Digital Marketing
Study points: 10
Course coordinator:
Elham Ghazimatin
Managing Strategic Partnerships Year 2 / Semester 3
No business is an island! Companies' relationships with other firms matter for economic success. Understanding how different organizations, and operating different business models, seize the benefits from networks of partnerships and alliances with other companies, including customers, suppliers and competitors, is of vital importance for survival and competitiveness. This course covers the nature of a firm's relationships with other firms as well as how these relationships are managed.
Read more about Managing Strategic Partnerships
Study points: 10
Course coordinator:
Bjarte Ravndal
Internship Year 2 / Semester 3
Introduction
If suitable to their study profile and course portfolio, program students in either Bachelor or Master of Science in Business Administration may do an internship in a company or public organization. This internship is an excellent opportunity to experience the practical challenges in a real work environment, while at same time reflecting on how practice and theory combine.

Businesses that offer Internship will be presented to the students. Students can also find a suitable internship organization. Internship is limited to 15 bachelor and 15 master students. The final selection depends on an assessment of student qualifications and match between students and internship organizations.
Read more about Internship
Study points: 10
Course coordinator:
Aslaug Mikkelsen
Corporative Law Year 2 / Semester 3
Emnet gir oversikt over sentrale selskapsrettslige spørsmål med hovedfokus på transaksjoner.
Read more about Corporative Law
Study points: 10
Emneansvarlig:
Benn Folkvord
Supply Chain and Lean Management Year 2 / Semester 3
This course provides an overview of Operation Management topics which is the foundation for both SupplyChain and Lean Management issues. The focus is on industrial relevant topics like SupplyChain, Lean Management, Theory of Constraints, and Industry 4.0. These issues overlap partly and will be treated in lectures, essays, presentations etc. How can management of operations contribute to a profitable company or organization. Even if most of the references are from manufacturing industry, the course content and methods are relevant for service and other organizations.
Read more about Supply Chain and Lean Management
Study points: 10
Course coordinator:
Jan Frick
Economics of Motivation Year 2 / Semester 3
What drives people to work hard? Why do we try our best in some settings, while in others we tend to slack off? In this class we explore how employees are motivated, and tools to increase employees' motivation. We apply microeconomic theory, game theory, behavioral economics and psychology to investigate topics such as incentives, intrinsic versus extrinsic motivation, peer effects, performance feedback, employer recognition, autonomy, competitiveness, reciprocity, procrastination, mindset, purpose and social status.
Read more about Economics of Motivation
Study points: 10
Course teacher:
Andreas Østbø Fidjeland
Sustainable Business Practices Year 2 / Semester 3
It is long since the notion of sustainability was confined to environmental policies and non-governmental organizations. Core business trends and strategies are increasingly related to sustainability considerations. This is related to both natural and social resources: Natural resources may be scarce, and the processing, distribution, and consumption of these resources may produce externalities that harm businesses operations. Social resources are also critical for businesses. They come in many forms; as employees and potential employees, as strategic partners, as suppliers, as customers, as the general public, or as a property of a network covering one or more of these actors.
This course gives a thorough introduction into the literature on sustainable business strategies and practices. This is a cross-disciplinary field related to topics like market analysis, institutional theory, resource economics, and business strategy. Is economic growth constrained by scarce resources or by environmental policies? How do we utilise network resources in a sustainable manner? What is the best way to measure growth and how do we approach new technology in a green circular economy? What characterizes the relationship between governments and businesses in such economies? These are questions we will explore in this course.
Read more about Sustainable Business Practices
Study points: 10
Course coordinator:
Thomas Laudal
Environmental and Resource Economics Year 2 / Semester 3
What is the appropriate level of pollution and how can it be achieved? What is the best management of renewable resources (e.g. fish, forest)? What is the optimal extraction rate for non-renewable resources (e.g. oil, natural gas)? How much is a nature experience worth? And what would be the economic cost of an oil spill in the Arctic? Environmental and resource economics is a branch of economics with explicit focus on the role of the environment and natural resources in the economy, and questions like the ones above are examples of ones that students will learn to address during this course.
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Study points: 10
Course coordinator:
Gorm Kipperberg
Cases in Finance Year 2 / Semester 3
This is a case course in finance. The course integrates what has been taught in other finance courses, and applies it to the real-life finance situations. Many of these finance situations will be viewed through a lens of valuation of projects, companies or assets.
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Study points: 10
Course coordinator:
Bernt Arne Ødegaard
Knowledge-based Entrepreneurship Year 2 / Semester 3
This course examines the factors that promote entrepreneurial success in new business ventures. The course focuses on knowledge-intensive and socially responsible entrepreneurship, since entrepreneurial ventures in high-cost economies exposed to international competition, such as the Norwegian economy, need to be based on combinations of knowledge and technologies that can provide sustained competitive advantages and be responsive to the needs of the society.
Students are expected to gain knowledge on how to start a business - generate and evaluate ideas, assess industry systems and potential markets, identify value proposition as well as potential risks and create a valid business model for the new business. Through the course you will get an opportunity to connect with student incubator and participate in business completions. Some of our former students won up to 1 mill nok, and are running successful companies, such as Tidewave or Boost.ai. During the course, students will get opportunity to interact with real entrepreneurs in knowledge-based firms. You can work on your own idea, or join a start-up company to help them to develop a valid business model.
Students enrolled to this course have the opportunity to work closely with InGenious cases, alternatively to cases found in their own network. InGenious is a collaborative project of the Stavanger University with local companies, that is designed in collaboration with the European Consortium of Innovative Universities (ECIU). Thus, students will get opportunity to work in close collaboration with companies in the region of Stavanger.
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Study points: 10
Course teacher:
Elisa Thomas

This is the study programme for 2020/2021.