Master of Applied Economics & Sustainability in Financial & Commodity Market Analysis

Norwegian University of Life Sciences NMBU
Applied Economics & Sustainability in Financial & Commodity Market Analysis
Masters
Social & Behavioural Science
Public University
Norway

A 2-year (120 ECTS) full-time postgraduate specialization track taught in English at Campus Ås, Norway. Offered by the AACSB-accredited School of Economics and Business, it combines applied microeconomic theory, econometrics, and quantitative analysis with focused training in asset valuation, pricing relationships, risk management, and international commodity trading.

Course Details

Category	Details
Time	Full Time
Campus	Ås
Duration	2
Deadline-Date	1-December,
Fee Per Year	80000
Application Fee
Currency	nok
Intake Link	https://www.nmbu.no/en/students/academic-calendar-whole-year
Deadline Link	https://www.nmbu.no/en/studies/application-procedures-study-programmes-taught-english
Intakes	August
Program language requirement	TOEFL (iBT) or TOEFL (IBT) Home Edition (Institutional code: 8457): 92, IELTS Academic or IELTS Academic online (Institutional code: 6935) required overall band score: 7.0,Cambridge Certificate in Advanced English: Level C1 Grade C or better, Cambridge Certificate of Proficiency: Level C2 Grade C or better, Pearson PTE Academic: 65, Pearson PTE Academic: Pass, University of Michigan Language Assessment Certificate of Competency in English (ECCE): Pass, Vg1 course in English at Norwegian upper secondary school (140 hours): 4,Advanced course in English at Norwegian upper secondary school: Pass.

Who can Choose this program?

Bachelor’s degree in a relevant field, specifically: Economics (preferred – strong quantitative focus) Applied Economics / Agricultural Economics Environmental Economics / Resource Economics Development Economics Business Administration (with strong economics coursework) Social Sciences (with substantial economics and quantitative methods) Mathematics / Statistics (with economics background – less common)

Additional Information

Category	Details
Scope of the program	Prepares graduates for quantitative and analytical roles—such as commodity trader, risk analyst, financial analyst, portfolio manager, energy market strategist, and economic consultant—across investment banks, commodity trading houses, energy firms, agricultural corporations, financial regulatory authorities, and doctoral (PhD) research.
Program entry requirement	Applicants with a Bachelor degree in economics or other relevant fields. The degree should include courses in mathematics and statistics and intermediate level courses in micro- and macroeconomics. All the grades from the bachelor degree will be counted in the average grade. A weighted average grade of C or better is required for admission to the programme. English taught programmes have the following requirements for proficiency in English: TOEFL (iBT) or TOEFL (IBT) Home Edition (Institutional code: 8457);92,IELTS Academic or IELTS Academic online (Institutional code: 6935) required overall band score; 7.0, Cambridge Certificate in Advanced English Level C1 Grade C or better, Cambridge Certificate of Proficiency; Level C2 Grade C or better,Pearson PTE Academic; 65,University of Michigan Language Assessment Certificate of Proficiency in English (ECEP) ;Pass ,University of Michigan Language Assessment Certificate of Competency in English (ECCE) ;Pass,
Required GPA	A recognized 4-year Bachelor's degree in a relevant discipline with a minimum CGPA of 2.7–3.0/4.0 or equivalent. Competitive universities generally prefer 3.0/4.0 or higher.
GRE Required	No – GRE is not required for master's programs at NMBU.
GMAT Required	No – GMAT is not required for master's programs at NMBU.
Application Process	1. Apply to an accredited Norwegian higher education institution and secure full-time admission. 2. Receive your official unconditional admission letter confirming your study program. 3. Transfer required living expenses and tuition fees to the university's deposit account or an approved Norwegian bank account. 4. Create an account on the UDI Application Portal Norway and complete the online study permit application. 5. Pay the required UDI residence permit application fee online and download your cover letter. 6. Prepare supporting documents: passport, admission letter, deposit receipt, housing documentation, and insurance. 7. Book a submission appointment at the nearest Norwegian Embassy, Consulate, or VFS Global Centre. 8. Attend your appointment to submit your document checklist, give biometric data, and submit your passport. 9. Track your application status on the UDI portal and await the official decision. 10. Travel to Norway after permit approval and register with the local police station to obtain your Residence Card.
Available Scholarships	https://studyabroadupdates.com/scholarships/
Program accreditation	NOKUT accredited (Norwegian Agency for Quality Assurance in Education).
Living expenses	Living Expenses: Average living costs range from NOK 12,000–16,000 per month, covering accommodation, food, transportation, study materials, and personal expenses. Students should budget around NOK 150,000–170,000 per year.
Visa Process Details	1. Passport: Valid passport with required validity and blank pages (Mandatory). 2. CNIC / B-Form / FRC: Applicant ID and family relationship documents (Mandatory). 3. Photographs: Recent biometric passport-sized photos (Mandatory). 4. Offer letter: Official unconditional admission letter (Mandatory). 5. Tuition fee receipt: Deposit, tuition payment, or scholarship proof (Mandatory/Conditional). 6. Academic documents: Transcripts, degrees, and required attestations (Mandatory). 7. Language certificate: IELTS, TOEFL, or language test proof (Conditional). 8. CV / resume: Updated resume with education and gap details (Mandatory/Conditional). 9. SOP / motivation letter: Study plan and home ties explanation (Mandatory/Conditional). 10. Financial documents: Bank statements, income proof, and source of funds (Mandatory). 11. Sponsor documents: Sponsor ID, affidavit, and income proof (Conditional). 12. Accommodation proof: Housing booking, contract, or university letter (Mandatory/Conditional). 13. Insurance: Travel and health insurance coverage (Mandatory/Conditional). 14. Police certificate: Character clearance certificate if required (Conditional). 15. Medical certificate: Medical clearance certificate if required (Conditional). 16. Translations / legalization: Certified translations or legalization if required (Conditional). 17. Previous refusals: Visa refusal letters and explanation if applicable (Mandatory if applicable). 18. Travel history: Copies of previous visas and travel stamps (Conditional). 19. Family / home ties: Return proof such as FRC, property, or job ties (Recommended). 20. Country-specific: UDI application portal cover letter (Country-specific). 21. Country-specific: Funds deposit in a Norwegian or student bank account (Country-specific). 22. Country-specific: Housing documentation if required (Country-specific).
Part timework	Part-time Work: International students can work up to 20 hours per week during the academic semester and full-time during official holidays. Many students find part-time jobs in retail, hospitality, customer service, and campus roles.
Post-study work opportunity	Post-Study Work Opportunity: After graduation, eligible students can apply for a 12-month Job Seeker Residence Permit to stay in Norway and search for employment. Once they secure a qualifying job, they can apply for a Skilled Worker Residence Permit, which can lead to long-term residence if eligibility requirements are met.

What are the entry requirements for the Master's program in Applied Economics and Sustainability at NMBU?

Applicants must have a Bachelor's degree in a relevant field, including economics, applied economics, environmental economics, business administration, or related disciplines. The degree should include mathematics, statistics, and intermediate level courses in micro- and macroeconomics. A weighted average grade of C or better is required for admission.

What English language tests are accepted for admission into the program?

The program accepts several English language proficiency tests, including TOEFL (iBT) with a minimum score of 92, IELTS Academic with an overall band score of 7.0, Cambridge Certificate in Advanced English (C1 Grade C or better), and Pearson PTE Academic with a score of 65.

What is the total duration of the Master's program in Applied Economics and Sustainability?

The program is a full-time, two-year (120 ECTS) postgraduate specialization track.

Are there any scholarships available for international students?

Yes, there are available scholarships for international students. For more information, you can visit the scholarship page at the following link: Scholarships.

Can international students work while studying in Norway?

Yes, international students can work up to 20 hours per week during the academic semester and full-time during official holidays. Many students find part-time employment in retail, hospitality, customer service, and various campus roles.