The forces of globalisation have brought people, firms and markets across the world closer together than ever before. Modern companies need to master both international and local dimensions to succeed in an increasingly competitive setting.
The INB major provide students with insights and understandings of the opportunities and challenges that multinational firms, such as, Nestlé, Orkla, Lenovo, Telenor, AirB&B etc. face in the global environment. It also gives a solid basis for a career in more specialised industries, like shipping, or in international organisations, like the OECD or WTO.
The core courses in the INB major provides you with knowledge about the global environment and how multinational firms create business opportunities and meet threats and challenges in the global marketplace. The electives add opportunities to specialise in various directions and/or to secure a broader set of skills and insights of relevance for internationally oriented firms and organisations.
Global firms transcend national boundaries in the labour market as well as in product and factor markets.
Global firms hire from an international pool of talents and must meet the challenge of managing a nationally and culturally diverse work force.
Global firms also source their input from suppliers around the globe and must deal with the cultural, logistic and institutional challenges involved in managing a global supply chain.
The INB major provides you with insights into and understandings of all of these issues that are core areas for managers in global firms.
Understanding the global business environment is equally important. International organisations such as the WTO, and global and regional trade and integration agreements, such as the EU, shape the global market place and the business models and strategies of internationally oriented firms. Furthermore, international financial markets play a key role for such firms. The INB profile gives you thorough insights into and understanding of the global business environment facing any firm or organisation operating internationally.
To an increasing extent, firms are held responsible for their policies toward employees, the environment and consumers across national boundaries. Managers in global firms need to know how to identify and deal with the challenges, and to ensure that the firm as well as its complete supply chain acts responsibly and in accordance with high international standards.
The INB major gives you a solid foundation for responsible leadership in an international context.
Upon completion of the Master of Science in Economics and Business Administration with a major in International Business, the following learning outcomes apply:
K1: Have advanced professional insights into the global environment and the strategic and managerial challenges facing global firms.
K2: Have up-to-date knowledge of relevant theories and a profound understanding of the multi-disciplinary nature of international business.
K3: Have solid competencies in empirical methods applicable to international business as well as of ethics in an international business context.
S1: Can apply methodological and interdisciplinary skills to identify challenges and opportunities arising in international organisations.
S2: Can use information and theoretical insights to propose and evaluate solutions to international challenges.
S3: Can use the insights and theoretical foundation in international business as basis for acquiring new information and knowledge needed to handle international challenges.
G1: Can communicate with both specialists and non-specialists about challenges and opportunities in international business.
G2: Can reflect upon and take into consideration ethical issues and social responsibility, being aware of the added challenges that may arise in an international setting.
G3: Can contribute with new insights and perspectives that further business development from an international perspective.
- Bachelor’s degree
Admission to master’s degree studies in Norway requires Higher Education Entrance Qualification and a completed degree comparable to a Norwegian bachelor’s degree. Please refer to NOKUT (The Norwegian Agency for Quality Assurance in Education) for information about the minimum educational requirements for your country.90 ECTS must be within economics and business administration. This may include methodological subjects like statistics or mathematics, but not exclusively. 30 ECTS must be within business administration (e.g. finance, accounting, strategy, marketing, statistics, mathematics, etc.). Economics courses such as micro- or macroeconomics may not count toward the business administration requirement. This requirement is absolute and cannot be compensated by work experience, test results or other criteria.Applicants are ranked according to their grade average. Your GPA should correspond approximately to a B on the ECTS grading scale. Admission is highly competitive with only one in eight applicants being offered admission. If you are to complete your degree in the spring semester of the admission year, admission will be assessed on results up to and including the penultimate semester. If offered conditional admission based on ongoing education and final transcripts result in an unacceptable decrease in grade point average, you will be refused unconditional admission.
- GMAT or GRE
Applications not including a GMAT/GRE test by March 15 will under no circumstances be considered, unless you belong to one of the few groups exempted (see Exemptions from the GMAT-/GRE requirement below).Minimum test scores required:
- GMAT: a total score of 600 points (Programme code: 7KZ-ZK-01)
- GRE: 152 points on the quantitative reasoning section (Programme code: 0686)
Test scores must be less than five years old at the time of the application deadline and only test scores issued to NHH directly from the issuing authority are accepted.
Exemptions from the GMAT-/GRE requirement
- English language requirement
Unless you belong to one of the groups exempted (see below), you must document a good command of the English language by passing one of the three tests below:
- TOEFL – Test of English as a Foreign Language (Programme code: 0686) Minimum total score: 90 points on the internet based test, 575 points on the written test or 233 on the computer-based test
- IELTS Academic – International English Language Testing System
Minimum overall band score: 6,5
- PTE Academic – The Pearson’s Test of English. Minimum score: 62
Test scores must be less than two years old at the time of the application deadline and only test scores issued to NHH directly from the issuing authority are accepted.
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