Study Abroad Content Writer | KdTvCV - Apr 7, 2026
Norway is home to many European universities that offer a blend of academic excellence and global exposure. Many business schools in Norway hold prestigious international accreditations like AACSB and EQUIS, with a select few achieving triple accreditation (AACSB, EQUIS, and AMBA). This shows high academic standards and strong international connections. As of now, less than 1% of business schools worldwide have achieved triple accreditation.
Norway is a relatively cost-effective country for Indian students planning their study abroad journey. The annual cost of studying in Norway lies in the range of NOK 60,000-615,000 (INR 5.7-30 lakhs), and the average cost of living in Norway is NOK 15,000 (~INR 1.4 lakhs)
Some of the popular universities are BI Norwegian Business School, University of Oslo and the Norwegian University of Science and Technology.
Check out: Top 10 pocket-friendly study abroad destinations for Indian students.
- Why study MBA in Norway?
- Top MBA Colleges in Norway
- MBA alternatives in Norway
- MBA vs MSc in Norway
- MBA in Norway Eligibility criteria for Indian Students
- MBA in Norway: Document requirements
- Cost of Living in Norway 2026
- MBA in Norway Scholarships for Indian Students
9.1 External scholarship options for Indian students
- Post-MBA Work Opportunities in Norway
- FAQs
Why Study MBA in Norway?
The capital of Norway, Oslo, ranks 78th in the QS best student cities in the world, which makes it a top choice for students seeking quality education. There are many reasons to choose Norway as your study abroad destination.
Some of the reasons are mentioned below:
- Scandinavian universities: Follow the Scandinavian education approach by focusing on teamwork and helping students build skills. Instead of just focusing on academics, students interact, share ideas and work on real-life problems.
- Global recognition: Norwegian universities hold international accreditation like AACSB, EQUIS and AMBA.
- Modern Campus: Universities are known for their top-notch, modern campuses.
- Academic excellence: Curriculum focuses on real-world projects.
- Study trips: Universities like NHH-Norwegian Business School offer students two study trips in collaboration with educational institutes in Europe and Asia/USA.
Also, Check out: MBA in Hong Kong
Top MBA Colleges in Norway 2026
There are very few universities that offer MBA programmes in Norway, such as the EMBA (executive MBA). Some universities offer specialised master's degrees for early-career and experienced professionals. The table below lists some popular universities, programmes offered, duration and fees.
| University Name | Program offered | Program duration | Program Fee (NOK) | Program Fee (INR) |
|---|---|---|---|---|
| BI Norwegian Business School | Executive MBA | 18 months | NOK 615,000 | INR 59 lakh |
| NHH- Norwegian school of economics | Executive MBA | 2 years | NOK 545,000 | INR 52 lakh |
Note: As of March 23, 2026, 1 NOK (Norwegian Krone) is equivalent to 9.66 INR
MBA Alternatives in Norway
Since an MBA is not a common degree in Norway, instead, universities offer specialised master's degrees in various domains like business, economics, and management. Some of the popular universities, their QS World University Rankings, programmes offered and their fees are mentioned below in the table.
| University Name | QS world Ranking 2026 | Program offered | Program Duration | Annual Tuition Fee (NOK) | Annual Tuition fee (INR) |
|---|---|---|---|---|---|
| Norwegian University of Science and Technology | #267 | MSc in international business and marketing | 2 years | NOK 61,701 | INR 5.9 lakh |
| University of Oslo | #119 | Master's in economics | 2 years | NOK 204,000 | INR 19.6 lakhs |
| Nord university | - | Master's in Business | 2 years | NOK 60,000 | INR 5.8 lakhs |
| University of Stavanger | #851-900 |
Master's in Service Leadership in International Business |
2 years | NOK 60,000 | INR 5.8 lakhs |
MBA vs MSc in Norway
Choosing the degree programme is a crucial step and depends on Candidates work experience and career goals. Both MBA and MSc in Norway open doors to strong work opportunities and are designed for different candidates. The table mentioned below will give you a better and clearer understanding of what's best for you.
| Parameters | MBA | Master's in Business |
|---|---|---|
| Target audience | Working professionals | Fresh graduates |
| Cost of studying |
Higher (INR 52-59 lakhs) |
Comparatively cheaper (INR 12-40 lakhs) |
| Work Experience | Minimum 3-5 years of experience after graduating | Not required |
| Program Duration | 1-2 years | 2 years |
| Main Focus | Real-world Practice | Academic focused |
| Curriculum | Broad curriculum | More Specialized |
| Availability in Norway | Limited | Very high |
| Career Opportunities | Consulting, Manager and leadership roles, etc. | Business analyst, Specialist roles, etc. |
To explore more, check out: MBA vs MSc to Study Abroad
MBA in Norway Eligibility criteria for Indian Students
Checking the eligibility criteria is an important step and can vary from university to university. The basic eligibility criteria for MBA in Norway are the following:
Document Requirements for MBA in Norway
Students are advised to prepare all the necessary documents before applying to ensure a smooth admission process.
- Application form
- Academic transcripts
- Valid passport
- State of Purpose (SOP)
- Letter of recommendation (LOR)
- CV/resume
- Visa documents
Cost of Living in Norway 2026
The average monthly cost of living in Norway is around NOK 15,000 (~ INR 1.4 lakh). The table mentioned below shows the breakdown of total expenses of living in Norway, based on the data provided by the University of Oslo. Students can get an estimated idea and plan their budget accordingly.
| Expenses | Cost per month (NOK) | Cost per month (INR) |
|---|---|---|
| Accomodation | NOK 7,500 | INR 72,015 |
| Food | NOK 3,500-4500 | INR 33,607 |
| Transportation | NOK 700-920 | INR 6,721 |
| Other Expenses | NOK 3,300 | INR 31,686 |
| Total Expense | NOK 15,000 | INR 1.4 Lakhs |
Note: In universities like NTNU, there are student welfare organisations and accommodation available for international students. When the seats are booked, students need to look for private accommodations.
MBA in Norway Scholarships for Indian Students
Some universities in Norway offer scholarships for students enrolled in MBA or MSc programmes. Candidates are required to apply from universities scholarship portal and submit a scholarship application letter convincing them why you are the best candidate for the scholarship. Once approved, students need to complete the documentation process.
Some of the scholarships are listed below in the table.
| University Name | Scholarship type | Details |
|---|---|---|
| BI Norwegian Business School | Merit-based scholarships | Eligibility: Candidates enrolled in the EMBA programme and study contract by 1 December. |
| Coverage: Covers 25% off the tuition fee, applied to the final instalment. | ||
| Nord University | Merit-based scholarship | Eligibility: Students with good academic records |
| Coverage: Scholarship up to 10,000 NOK (~INR 96,000) and distributed in two semesters |
External scholarship options for Indian students
Scholarships are very limited in the above universities; students are required to apply for external scholarship programs like Erasmus Mundus and GSEP (energy-related fields). The table mentioned below covers the eligibility and coverage.
| Scholarship Name | Details |
|---|---|
| Erasmus Mundus | Eligibility: Merit-based selection |
| Coverage: Covers tuition fees, living expenses and Travel expenses | |
| GSEP | Eligibility: Candidates enrolled in energy-related fields and from developing countries (including India) |
| Coverage: Covers tuition fees, living and other academic expenses. |
Check out: Scholarships to Study in Norway
Post-MBA Work Opportunities in Norway
There are various doors open after completing your MBA/MSc from Norway. Some of the popular high-paying job roles are the following:
- Business analyst
- Product manager
- Operations head
- Data analyst
- Supply chain management analyst
- Growth manager
In conclusion, pursuing an MBA in Norway offers a strong combination of global recognition, practical learning, and career growth opportunities. While the MBA opportunity is quite limited, students can enrol in a master's alternative.
FAQs
Ques: Can international students work while studying in Norway?
Ans: Yes, students can work alongside their studies for up to 20 hours per week during the semester (non-EU-based students) and full-time during holidays. Students can earn up to NOK 100,000 without paying any tax in a calendar year.
Ques: What are the weather conditions in Norway?
Ans: Students can experience a cold climate with long winters and mild summers in Norway, so students should carry proper winter clothes.
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