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MS in Energy Economics in Norway 2025

Analyse the economics of the global energy transition from the world's most sophisticated energy nation — Norway manages the world's largest sovereign wealth fund built on oil while leading the global transition to renewables.

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Key Facts About Studying Energy Economics in Norway

AspectDetails
Top UniversitiesNorwegian School of Economics (NHH), University of Bergen, BI Norwegian Business School, University of Stavanger
Program Duration2 years (120 ECTS)
LanguageEnglish-taught programs widely available
Key ModulesEnergy markets, oil and gas economics, renewable energy finance, carbon markets, energy policy, resource economics
Tuition Fees€0 for all students including non-EU (public universities)
ScholarshipsNorwegian Government Scholarship, Research Council of Norway grants, Erasmus+, Statoil (Equinor) Foundation awards
Career RolesEnergy Economist, Oil & Gas Analyst, Carbon Market Specialist, Renewable Energy Finance Analyst, Energy Policy Advisor
Post-Study VisaJob-seeker permit available; strong energy sector recruitment in Oslo and Stavanger
Unique ContextNorway manages the world's largest sovereign wealth fund (NOK 18 trillion) built on oil revenue — the ultimate case study in energy economics
IELTS Requirement6.0–6.5 overall

Norway is simultaneously the world's largest oil fund manager and a global leader in EV adoption and offshore wind — creating a unique vantage point for studying energy economics across the fossil-to-renewable transition. NHH Bergen's energy economics programme is consistently ranked among Europe's top 5 for energy finance and resource economics, and the University of Stavanger is embedded in Norway's oil and gas capital — providing direct access to Equinor, Aker Solutions, and Schlumberger. Free tuition for all international students at Norwegian public universities makes this programme one of the world's best-value energy economics degrees by any measure.

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