1. Master of Science in Business Major in Economics Ass. Dean Per Botolf Maurseth Per.B.Maurseth@bi.no Room B4-011

2. Welcome to BI’s MSc program We are happy to have you here About major in economics We believe BI and the economics dept. has a lot to offer Internationally renowned faculty Inspiring, active and academically strong students Strong links to industry and public sector and the national and international research community BI-alumni's form an important network The MSc study is demanding as well as rewarding Our candidates get very good jobs

3. From Bachelor to Master: how does the MSc differ? Level of studies Higher level of abstraction More intensive Goes deeper Research-based teaching Courses tought by active researchers in the field Student involvement Organize your own learning environment Read, do exercises, form groups Participation in class expected Relevance Although more abstract, also more applied Theory is applied on real world phenomena

4. From Bachelor to Master: how does the MSc differ? Economics is interesting Important topics Many topics from all types of human life Economics is demanding Requires effort Ecnomics is rewarding Our students get good jobs Economics is fun

5. Required courses Core courses, 4 courses (30 credits) Mathematics, Business ethics, microeconomics, multivariate statistics with econometrics Major economics 6 courses (36 credits)+ research methodology 3 rd semester free electives, internship, exchange

6. Overview 1st year Autumn Mathematics Microeconomics Advanced Macroeconomics Multivariate Statistics with Econometrics Economic Theory Spring Research Methodology Economics Applied Business Ethics Business Cycles Industrial Economics Applied Microeconomics 2nd year Autumn Elective / Internship / Exchange Master Thesis Spring Monetary Theory and Policy Master Thesis

7. 3rd Semester MSc in Business – the semester where YOU make the choices During the 3rd semester, 24 ECTS (out of 30 ECTS) are «free» in terms of you deciding yourself which courses and activities you want to do. Many possibilites open for the students, but you are to explore possibilites outside your major – the third semester is thus often called the «breathsemester» (breddesemester) In the third semester, you can: -Go on exchange – either a whole semester or a half semester -Do an internship – either in Norway or abroad -Choose to get knowledge within different subjects than your major (could be very diversified – up to 4 courses from 4 different majors) (or could be more specialized – 3 courses within another major) -It will also be possible (within some limitations) to do summer schools within the structure of your programme -More information about the different possibilities will be provided to you during the first semester, but be aware that it is the results from the first semester which will decide which options are open to you

8. Master thesis Total of 30 credits Collaboration From start to end Start to think about possible topics ASAP April first year: First thesis seminar with presentation of faculty and potential thesis topics June first year, deadline for thesis proposal January second year: Deadline for preliminary thesis report. Early February second year: Thesis seminar September: Deadline for submission.

9. Type of thesis Theoretical or empirical thesis? Macroeconomics: empirical analysis of macroeconomic trends Microeconomics : Market analysis Whatever you want to analyze Use of economic theory, methodology and thinking Demonstrate that you have acquired skills to analyze problems in proper academic manners.

10. Master Thesis Some recent topics: Googeling the future Does the central bank react to bubbles in the housing market? Subrime loans and the credit crisis Competition among dentists The economics of private labels FDI and development Patents and development Oil and the Norwegian economy The housing market The oil curse Do people vote according to their economic private interests? FDI and corruption

11. Double degree All majors Católica Lisbon School of Business and Economics, Portugal Católica Lisbon School of Business and Economics Queen's University, Canada Queen's University EDHEC Business School, France EDHEC Business School

12. Internship Internship as a minor allows you to gain real-world experience by participating in the activities of the selected company. Offered to a selected number of students during the 3rd semester of the programme.

13. People Economics (micro, macro, political economy) Econometrics /statistics and mathematics Ph.D students Part time faculty

14. Research centers at the department CAMP – Centre for Applied Macro- and Petroleum economics CESAR - The Centre for Experimental Studies and Research Center for Monetary economics (CME) Center for Research in Economics and Management (CREAM) CATE - Centre for Applied and Theoretical Econometrics

15. Dates and events October: Student-faculty meeting for first and second year master students Presentation of National Budget Presentation of Nobel price in economics Pizza and beer April: Thesis seminar – Faculty present themselves Thesis proposal: June 1 st.