INTERNATIONAL BUSINESS
TABLE OF CONTENTS: NORWAY’S LEADING BUSINESS SCHOOL...............................................5 MSc PROGRAMME.........................................................................................................................................7 INTERNATIONAL BUSINESS.....................................................................................................8 CURRICULUM...........................................................................................................................................................9 ADMISSION REQUIREMENTS...............................................................................................11 ADMISSION PROCEDURES......................................................................................................12 PhD PROGRAMME......................................................................................................................................13 WHY NHH?..................................................................................................................................................................15 CAREER POSSIBILITIES...................................................................................................................17 STUDENT LIFE.....................................................................................................................................................19 THE DIFFERENCE IS BERGEN AND NORWAY..............................21 BERGEN...........................................................................................................................................................................23
Montag/Helge Hansen, Lurken skilag, Anders Sakseid, Kai Erspamer, Helge Skodvin, Isabella Lu, Hallvard Lyssand, UKEN Foto, Øyvind Hagen - Statoil.
NORWAY’S LEADING BUSINESS SCHOOL ”NHH – ONE OF THE BEST AND MOST ATTRACTIVE SCHOOLS IN EUROPE” Wirtschafts Woche
NHH is ranked among the top 50 business schools in Europe, and it is the leading centre for research and education in economics and business administration in Norway. Faculty members publish extensively in acknowledged journals and take influential positions as advisers and board members in both private and public sectors. Faculty members have made significant contributions, especially in the fields of finance and economics. Among others are Karl Borch; co-founder of modern risk theory, Jan Mossin; one of the fathers of the Capital Asset Pricing Model, and Adjunct Professor and NHH Alumni Finn E. Kydland; the winner of the Nobel Prize of Economics in 2004. NHH offers a three-year Bachelor of Science degree, a two-year Master of Science degree, and a three-year Doctor of Philosophy degree. The latter two are offered to international students. Within the MSc programme international students can attend NHH through both the CEMS partnership and several Double Degree programmes. Exchange is available for foreign students at the bachelor and master levels.
NHH • Founded: 1936 • Full time students: 3 200 • International students: 500 • Academic departments : 6 • Students per faculty member: 23,5 • No admission or tuition fees • Excecutive students: 1000
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MSC PROGRAMME The MSc in Economics and Business Administration is the key element in NHH`s portfolio of programmes. It consists of eight distinctive profiles, of which three are offered for international students: International Business (MIB), Energy, Natural Resources and the Environment (ENE) and Marketing and Brand Management (MBM).
MAJOR: 6 COURSES
- 45 ECTS
MINOR: 4 COURSES ELECTIVES: 2 COURSES OR: ELECTIVES: 6 COURSES
- 30 ECTS - 15 ECTS
THESIS
- 45 ECTS
- 30 ECTS (1 SEMESTER)
MSC IN ECONOMICS AND BUSINESS ADMINISTRATION - 120 ECTS
MINOR CONCENTRATIONS You can select a minor from the following fields: • Financial Economics • Business Analysis and Performance Management • Economic Analysis • Strategy and Management • Economics • Energy, Natural Resources and the Environment • Marketing and Brand Management
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INTERNATIONAL BUSINESS
CURRICULUM
The programme aims to equip students with the right mix of analytical and practical skills for a career within multinational companies, international organisations or smaller firms whose activities involve a substantial degree of international business.
The general course plan in the MIB programme comprises six major courses, six elective courses and a thesis.
The forces of globalisation and internationalisation have brought people, businesses and markets across the globe closer together than ever before. The modern firm is required to master both international and local dimensions if it aims to succeed in an increasingly competitive setting. At NHH, students acquire a range of skills that enables them to navigate the challenging seas of the international business world. By focusing on numerous topical clusters and independent projects, the MIB curriculum caters for a wide variety of intellectual interests. Students have the possibility to extend and deepen their understanding of different aspects of modern business practices.
Two of the major courses are mandatory and may be chosen from a core of five subjects. The remaining four may be selected from the total MIB portfolio. The programme broadly focuses on three main subject areas: • International Economics (including globalisation, integration and trade) • International Business Strategy and Management • International Finance By selecting four of the six elective courses from within one of the other MSc specialisations, you can build a minor concentration. This gives you an in-depth understanding of a second field in addition to your major. Furthermore, you may strengthen your minor by selecting the two remaining courses from the same field of concentration. The combination of a major and a minor will provide you with a broader knowledge and expertise that will give you an advantage in the job market.
INTERNATIONAL EXPERIENCE Instead of a minor concentration, MSc students may opt to go on exchange for one semester. NHH participates in master exchange programmes with more than 130 institutions in over 40 countries.
DID YOU KNOW THAT ...
Ambitious students seeking further academic challenges may apply for the Double Degree programme or the CEMS Master’s in International Management programme, enabling them to graduate with two internationally recognised diplomas.
more than 50 per cent of master students at NHH spend a semester abroad on exchange?
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ADMISSION REQUIREMENTS BACHELOR DEGREE Admission is based on a university degree of at least three years of study. Applicants must have at least one and a half years of previous study in economics and business administration. GMAT or GRE The minimum test scores to be considered for admission are: • GMAT - a total score of 600 points (average score is 680 points). • GRE - on the new scale: 152 on the quantitative reasoning section, on the old scale: 660 points on the quantitative reasoning section. Some applicants may be exempted, please see nhh.no/exemption-gmat/gre TOEFL, IELTS or TOIC The minimum standard for test scores that NHH accepts are: • TOEFL - 575 on the written test, 233 on the computerbased test or 90 on the internetbased test. • IELTS - a score of 6.5 Some applicants may be exempted, please see nhh.no/requirements OFFICIAL TRANSCRIPT OF GRADES Applicants must include diplomas and transcripts from every college and university they have attended. LETTERS OF RECOMMENDATION Applicants are required to submit at least two letters of recommendation. MOTIVATION LETTER Applicants are required to attach a motivation letter to the application (maximum one page). CURRICULUM VITAE or RESUM É Applicants are required to send a copy of their CV or resumé.
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ADMISSION PROCEDURES
PHD PROGRAMME
APPLICATION DEADLINE The application deadline is 15 February. GMAT/GRE test scores must be received by NHH, directly from the test centre, no later than 15 March. Transcripts or diplomas for the spring term of application year must be received by NHH before 1 July.
The PhD programme at NHH is designed for those seeking a specialisation within the fields of economics and business administration for challenging jobs in the private and public sector. Although the majority of our PhD graduates go on to work in academic institutions, an increasing number of graduates take on positions in management, consultancy and larger organisations.
APPLICATION FORM The application form is available online at nhh.no/en/electronic-application from 15 November.
As a young researcher at NHH you will work closely with leading professors within your chosen field, having access to sophisticated research resources and a thriving intellectual community that will help develop your academic interests.
APPLICATION RESPONSE An autogenerated confirmation that your application has been submitted successfully will be sent by e-mail.
NHH PhD research scholarships are fully funded for four years on very competitive terms. It includes a commitment to work 25 per cent as a teaching and/or research assistant for the school while enrolled in the programme. The annual salary for the PhD Research Scholarships is currently 420 800 NOK gross (which is equivalent to about 52 000 EUR or about 71 000 USD). Find out more on www.nhh.no/phd.
DID YOU KNOW THAT ... 95 per cent of NHH students would recommend the school to a friend?
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“To achieve above average performance, you need unique resources. A PhD at NHH helps you accomplish this ambition.� KAROLINE ULRIKKE DALE DAHR, PhD student
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WHY NHH? Norway has a high quality educational sector that is fully funded by the government. NHH does not charge any application, admission or tuition fees. Aditionally, as a student you are granted a work permit, allowing you to work up to 20 hours per week. For more than 75 years, NHH has focused on quality in research and education. As a result of this, NHH today has an internationally recognised faculty and a highly motivated student body. The offer of a top education, with virtually no fees, makes the competition for admission to NHH rigorous. This ensures that only candidates with excellent academic qualifications and high potential are selected for admission. As a student at NHH you will experience an international, vital and inclusive learning environment, which will provide you with friends and a network from all over the world. As an MSc student you have access to exceptional international opportunities, such as Double Degree programmes, the CEMS Master’s in International Management, or exciting student exchange possibilities.
“The NHH portfolio is unique because it has acquainted me with students from a myriad of cultures and different working styles through engaging projects and group work. The broad scope of the curriculum allows specialisation in one discipline, but also gives flexibility to experiment with other courses.” SURYADEEP SEAL, MSc Student from India
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BRANCH DISTRIBUTION INTERNATIONAL COMPANIES RECRUITING NHH GRADUATES
CAREER POSSIBILITIES NHH in cooperation with the Student Union continiously work to ensure close relations between students and the business community.
• STATOIL • SHELL • BP • ENI • EXXON MOBIL • CONOCO PHILIPS • HYDRO • AKER SOLUTIONS • STATKRAFT • ORKLA • ARLA • MICROSOFT • GOOGLE • TELENOR • BOSTON
CONSULTING GROUP
• GOLDMAN SACHS
• MORGAN STANLEY • JP MORGAN • PWC • ERNST & YOUNG • KPMG • DELOITTE • McKINSEY • DNV • EUROPEAN
The Business Committe (NU) is part of the Student Union at NHH and organises a series of recruitment activities. Company presentations and stands are held almost on a daily basis. Furthermore, NU and the International Career Centre (ICC) at NHH organises several career fairs during the academic year, with approximately 100 companies attending. These provide opportunities for both students and companies to introduce themselves, and get in touch for potential recruitment. Examples of some of the career fairs are:
• MEDECINE SANS
NHH graduates are highly sought after by potential employers, and 75 per cent of students reports to have found employment before graduating. Furthermore, the majority of NHH graduates has a salary between 50-60 000 EUR. This is among the top graduate salaries when compared to European MSc programmes.
COMMISION
FRONTIERS
• SAVE THE CHILDREN • L’OREAL • ARIEL • ACCENTURE
• Career Day • Career Day for Non-Profit Organisations • International Career Fair
Internationally, NHH alumni have found work in companies like Google, L’oréal, Facebook, Ariel, McKinsey and Statoil.
DID YOU KNOW THAT ... 75 per cent of NHH candidates are offered employment before they graduate?
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STUDENT LIFE At NHH you will experience an international and vital learning environment, but the school recognises that student life entails more than simply studying. We therefore offer our students a well-rounded experience. Involvement in student activities is an excellent way of getting to know your fellow students and make new friends. The NHH experience is not limited to the class rooms and study halls. As a student here you have numerous opportunities to gain new experiences and challenge yourself, whether it is mountain hiking, river rafting or organising a student event. It is a place where you can cultivate your interests through the many student activities, like sports, photography, writing or music. Taking part in activities within the Student Union (NHHS) gives you great practical experience, and a way to further develop your team work and leadership skills. You get to see how the academic theories work in real-life and the chance to practice them. Practical experience while studying is also highly valued by potential employers.
SOME STUDENT ORGANISED EVENTS:
• Welcome Week
Through different activities, bringing students together, you will enjoy a smooth transition as a new student at NHH.
• NHH Symposium
Europe’s largest student-run business conference.
• UKEN
A festival organised by more than 1000 volunteers. It includes concerts, comedy shows, excursions and more.
• TEDxBergen
A yearly conference organised at NHH since 2010.
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THE DIFFERENCE IS BERGEN AND NORWAY Norway differs slightly from its other industrial counterparts as it was still largely a country of farmers and fishermen until the early 20th century. Today Norway has one of the most developed economies in the world. This is a transformation that has left a deep imprint on Norwegian society. A strong tradition of equality and fairness has fostered a high degree of gender, economic and social equality. Norwegian companies have likewise developed a unique system of management, emphasising employees’ quality of life through participative management with a concomitant emphasis on innovation, high technology and a concern for the environment. Norway is ranked by the United Nations among the countries with the highest quality of life and standard of living in the world. The Norwegian economy is one of the most international in the world and is dominated by the development of, and trade in, energy and natural resources. Offshore oil and gas, fisheries, aquaculture, and power generation are important areas of research at NHH.
NORWAY • Area: 385,186 km2 • Population: 5 million • Capital city: Oslo • Language: Norwegian • System of government: Constitutional monarchy and parliamentary democracy •Main industries: Oil and gas, seafood, manufacturing, shipping and services Hywind tow from Åmøyfjorden to Karmøy. Floating windmill at sea in deep water. Photo: Øyvind Hagen / Statoil
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BERGEN • Founded: 1070 • Population Bergen: 267 000 • Population Greater Bergen: 400 500 • Climate: temperate oceanic climate • Max. temp 2013: 28,1 ˚C (82,5 ˚F) • Min. temp: -4,5 ˚C (23,9 ˚F) • Main industries: aquaculture, shipping, offshore petroleum industry, subsea technology, finance, tourism, services, education and research
BERGEN Throughout its history, from the age of the Vikings through the merchants of the Hanseatic League and right up to the present day, Bergen has been trading with the world. Founded in 1070, the city grew around its colourful harbour and has since been a hub of commerce, seafaring and craftsmanship. Located between mountains and the Atlantic Ocean, the city has always looked outwards towards overseas opportunities. Bergen’s rich historical legacy is contrasted by a modern city filled with bars and cafés, restaurants and nightclubs, and a very active music scene. At the same time, picturesque fjords, valleys and towering mountains create a magnificent backdrop to Western Norway. A trip in the mountains offers both tranquillity and challenge, and for those among you who are more adventurous, Bergen offers opportunities for paragliding, white-water rafting and rock climbing. Rest assured that whether you follow the cobblestone paths in the midst of North European architecture or the hiking trails up the mountains, your time in Bergen will be spectacular.
“Surrounded by seven mountains, living in Bergen means living in one of Europe’s most naturally majestic but at the same time cosmopolitan cities.” JOHN BYRNE, MSc Student from Ireland
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NORWEGIAN SCHOOL OF ECONOMICS Helleveien 30, 5045 Bergen, Norway E stud@nhh.no P +47 559 59 000 W nhh.no