Good news for aspiring students! The BI Presidential Scholarships are now open for applications. This prestigious scholarship program offers an excellent opportunity for international students to pursue their master’s degree in Norway, fully funded. The BI Presidential Scholarship is designed to support outstanding international students who wish to enroll in a Master of Science program at the BI Norwegian Business School. This scholarship covers full tuition fees and provides a stipend for living expenses each semester.BI Norwegian Business School offers a variety of degree programs, and this highly funded scholarship covers nearly all tuition fees and 70% of living expenses. BI Norwegian Business School is one of Norway’s top institutions for international students across various fields of study
Norway, a Nordic nation in Northern Europe, is renowned for its stunning landscapes, islands, and cultural heritage, attracting tourists globally. It is also considered a safe destination for international students, offering an excellent living and studying environment. The Norwegian education system is among the best in the world, featuring top institutions like the Norwegian University of Science and Technology. BI Norwegian Business School, one of Norway’s premier business schools, is ranked as the fourth best in Scandinavia, providing high-quality education to international students.
BI Norwegian Business School, established in 1943, is one of Europe’s largest and most reputable business schools. Located in Oslo, Norway, it was founded by Finn Øien as a private initiative to provide practical education for business professionals during the wartime period. The school has since grown substantially, evolving from its modest beginnings to become a leading institution in business education.BI Norwegian Business School is renowned for being the largest business school in Norway and the second largest in Europe. It boasts four campuses, with the main campus located in Oslo. The school employs 845 staff members, including 404 academic staff and 441 administrative staff.
BI Presidential Scholarship Summary
| Category | Details |
|---|---|
| Level of Study | Masters |
| Institution(s) | BI Norwegian Business School |
| Study in | Norway |
| Program Period | Two year |
| Number of Scholarships | 20 |
| Deadline | March 1, 2025 |
| Eligibility | Both Domestic & International Students |
| Funding Type | Fully Funded |
Courses Offered
The BI Presidential Scholarship is open to applicants for all Master of Science programs, including:
- Applied Economics
- Business
- Business Analytics
- Entrepreneurship and Innovation
- Finance
- Leadership and Organizational Psychology
- Quantitative Finance
- Strategic Marketing Management
- QTEM in Applied Economics
- QTEM in Business Analytics
- QTEM in Business Major in Finance
- QTEM in Business Major in Economics
Benefits of the BI Presidential Scholarship
- For Norwegian and International Applicants who are residents of Norway:
- The scholarship covers full tuition fees for each semester, for up to two years, provided the student meets the academic progression requirements.
- For Sivøk Applicants:
- The scholarship covers full tuition fees for each semester, for up to two years, provided the student meets the academic progression requirements.
- For International Applicants:
- The scholarship covers full tuition fees for each semester, for up to two years, provided the student meets the academic progression requirements.
- Additionally, international students receive a stipend to help with living expenses, covering approximately 70% of the total living costs. However, the stipend does not cover all expenses.
- The scholarships will be given out based on merit.
- Students will learn about European educational establishments.
- The European scholarship will also provide access to various job prospects.
- Travel to Norway and experience Norwegian culture.
These scholarships are designed to support students in achieving their educational goals by significantly reducing the financial burden associated with studying at BI Norwegian Business School.
Scholarship Coverage
The BI Presidential Scholarship provides recipients with the following benefits:
- Full tuition fees coverage
- Stipend for living expenses for each semester, up to two years, contingent upon meeting academic progression requirements
- The benefits depend on the student’s nationality whether he is an international student or a Norwegian student.
- If you are an international student:
- You will get the full tuition fee (each semester for two years)
- You will also get a stipend for living expenses (each semester for two years)
- If you are a Norwegian Student:
- You will only get a full tuition fee waiver (each semester for two years)
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Eligibility Criteria
To be eligible for the BI Presidential Scholarships, applicants must meet the following criteria:
- Required Languages: English
- Eligible Countries: All world countries
- Academic Excellence: Candidates must have a GPA of A on the ECTS scale or an equivalent top-level grade on international grade scales.
- Current Students: Students currently enrolled in BI’s Siviløkonom program can apply in their 3rd year.
- Program Enrollment: Only candidates admitted to a Master of Science program commencing Autumn 2022 will be considered.
Essential Information about the BI Presidential Scholarship:
- Diversity and International Focus: BI Norwegian Business School seeks to cultivate a diverse and international student body.
- Eligibility: Only applicants admitted to a Master of Science programme and who have applied according to the instructions will be considered.
- Admission Acceptance: Scholarship applications will be considered only if the applicant has accepted the offer of admission.
- Distribution of Scholarships: Scholarships are distributed across various MSc programmes.
- Institutional Priorities: BI reserves the right to award scholarships based on institutional priorities, which may include specific master’s programmes, diversity, gender distribution, and selected partner schools of BI.
- Assessment Criteria: All candidates will be assessed using the ECTS scale. Applicants with international bachelor’s degrees will have their grades converted to the ECTS scale.
- Additional Factors: Other academic achievements, GMAT/GRE/CAT scores, extracurricular activities, and special personal achievements may influence the awarding of scholarships.
- MSc International Scholarship Consideration: International applicants for the BI Presidential Scholarship will also be considered for the MSc International Scholarship.
Application Process
To apply for the BI Presidential Scholarships, follow these steps:
1)Create an Account: Go to the application portal and fill in the required information to create your account.
2)Upload Documents: Submit the following required documents:
- Copy of Passport
- CV
- Motivation Letter
- Financial Plan
- English Proficiency and International Test(s)
- Scholarship Letter
3)Review and Submit: Ensure all information is correct and submit your application.
Application Deadline
- Deadline: The application deadline is March 1st.
- Submission for Domestic and International Applicants: The complete application for admission, including the Scholarship Application, must be submitted via the online application platform.
- Submission Method: Scholarship applications will not be accepted via email.
- For Third-Year Siviløkonom Students: Scholarship applications should be sent to info@bi.no.
- Late Applications: Applications will not be accepted after the deadline.
Important Notes
- Each program may have specific requirements; check them carefully.
- International applicants must submit a personal financial plan, detailing how they intend to finance their degree and living expenses. A financial plan template is available for download.
- International candidates eligible for a regular student loan through the Norwegian State Educational Loan Fund can apply for the BI Presidential Scholarship but will not qualify for the living expenses stipend.
- While applicants can apply for multiple scholarships, only one scholarship will be awarded per student by the BI Presidential Scholarship committee.
- Priority is not given to candidates who have already earned a master’s degree.
- To apply for an English test waiver, complete the language waiver application form and upload it with your application.
Conclusion
The BI Presidential Scholarship offers a remarkable opportunity for talented students to advance their education and career prospects at one of Europe’s top business schools.This scholarship not only alleviates the financial burden of studying at a top-tier business school but also provides recipients with the opportunity to join a vibrant and dynamic academic community. The BI Presidential Scholarship is a gateway to a world-class education and an enriching international experience at one of Norway’s leading institutions. If you meet the eligibility criteria and are committed to academic excellence, we encourage you to apply and take a significant step towards achieving your educational goals in Norway.
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Make sure to follow the instructions carefully and submit your application on time. Good luck!