Highlights
Tuition fee
Free
Free
Unknown
Tuition fee
Free
Free
Unknown
Duration
48 months
Duration
48 months
Apply date
Unknown
Apply date
Unknown
Start date
Unknown
Start date
Unknown
Campus location
Oslo, Norway
Campus location
Oslo, Norway
Taught in
English
Taught in
English

About

The Finance PhD from BI Norwegian Business School provides candidates with an in-depth and intensive training programme at the cutting edge of both theoretical and empirical research in finance. 

Visit programme website for more information

Overview

The  Finance  PhD from BI Norwegian Business School offers rigorous training for candidates with strong analytical skills and intellectual curiosity. It follows a standard structure in place at all comparable programmes around the world.

The first year is devoted to course work that covers all the major fields in Finance and core topics in Economics relevant for a Finance PhD. BI faculty mainly teaches these courses. The candidates can also take specialised courses and participate in doctoral workshops through the Nordic Finance Network.

The second year of the programme sees candidates transitioning to research work. The candidates will work towards the doctoral dissertation that is typically a collection of three research articles. Research work is done in close co-operation with the supervisor and other faculty members from the department. Projects joint with faculty members often involve collaborators from other research institutions.

Career possibilities

The PhD specialisation in Finance prepares candidates for careers in world leading academic institutions, research-oriented international and national organisations, and the industry. Job market candidates from the department have found employment at premier universities including London Business School, Tilburg University, University of Melbourne, NOVA University Lisbon, Norwegian School of Economics (NHH), Central University of Finance and Economics (CUFE) and National Chengchi University (NCCU). 

Local placements in Norway include Boston Consulting Group, Financial Supervisory Authority, and Storebrand. We encourage candidates with solid quantitative and analytical skills, and a strong background in disciplines such as Finance, Economics, Statistics, and Mathematics to apply.

Programme Structure

Courses include:

  • Advanced Microeconomics
  • Advanced Statistics
  • Asset Pricing Theory
  • Corporate Finance Theory 
  • Research Ethics
  • Time Series Econometrics

Key information

Duration

  • Full-time
    • 48 months

Start dates & application deadlines

More details

Finance PhD positions offered starting in even numbered academic years: 2026, 2028, 2030

Language

English
TOEFL® IBT
90
IELTS
6.5

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  • 98 accuracy using real exam data
  • 4.9/5 student rating

Credits

60 ECTS

 

Delivered

On Campus

Campus Location

  • Oslo, Norway

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

GRE admission requirements GRE®
Required
GMAT admission requirements GMAT
Required

English requirements

TOEFL® IBT
90
IELTS
6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation
Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

  • Trusted by 300k learners
  • 98 accuracy using real exam data
  • 4.9/5 student rating

Other requirements

General requirements

  • Hold a Master of Science (MSc) or comparable degree within the fields of economics and business administration or an area in which BI offers a PhD specialisation.
  • Have minimum B (4) in Grade Point Average (GPA), five-point scale (A=five, B=four, C=three, D=two, E=one).
  • Hold a Master's degree that includes thesis work (15 to 30 ECTS).
  • Have an adequate level of academic and English language proficiency. This may require specific documentation by proficiency tests such as TOEFL or IELTS. Applicants will be informed if this is needed.
  • In particular cases, GMAT or GRE tests may be required. Applicants will be informed if this is needed.

An MBA degree does not fulfill the requirements for admission.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at BI Norwegian Business School and/or in Norway, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.
  • International

    Non-residents
    Free
  • EU/EEA

    EU/EEA Nationals
    Free

Additional Details

All PhD candidates receive financial support when accepted into the programme.

Living costs

Oslo

Norway
11682 - 19230 NOK / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

 

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Scholarships Information

Below you will find PhD's scholarship opportunities for Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
Various benefits
Deadline
07 Oct 2026
Fulbright U.S. Student Program

Read more about eligibility

U.S. government
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
ACES Scholarships

Read more about eligibility

ACES Education Fund
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Nov 2026
ServiceScape Scholarship

Read more about eligibility

ServiceScape
Location not available
Independent provider
Grant
40000 NOK
Deadline
01 Dec 2026
NORAM Scholarships

Read more about eligibility

The Norway-America Association
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
5000 USD
Deadline
28 Aug 2026
Women Scholarship for International Students
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Oct 2026
$1,500 Annual Video Contest Scholarship
Merit-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
10000 USD
Deadline
01 Sep 2026
The PhD Prep Fellowship
Merit-based

Read more about eligibility

Admit Lab
Location not available
Independent provider
Grant
1000 USD
Deadline
13 Jul 2026
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2026
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
500 GBP
Deadline
30 Sep 2026
Anglo-Norse Society - Other awards and Grants
Merit-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Jun 2026
$1,500 Annual Students’ Presentation Crafting Scholarship

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
1500 USD
Deadline
Not specified
The Annual IELTS from 6 to 9 Scholarship

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
12000 USD
Deadline
11 Jan 2027
Tobacco Harm Reduction Scholarship Programme

Read more about eligibility

The Tobacco Harm Reduction Scholarship Programme
Location not available
Independent provider
Grant
1000 USD
Deadline
20 May 2026
PlagiarismSearch Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available

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