GRA 6651 Internship for MSc in Applied Economics

GRA 6651 Internship for MSc in Applied Economics

Course code: 
GRA 6651
Course coordinator: 
Tom-Reiel Heggedal
Course name in Norwegian: 
Internship for MSc in Applied Economics
Product category: 
MSc in Applied Economics
2021 Autumn
Active status: 
Level of study: 
Teaching language: 
Course type: 
One semester

The internship is an opportunity to work full-time at a company during the 2nd year of study. As a participant in the BI internship programme, the student will have been selected to work at a specific company based on both what the company is seeking and based the student's interests. The internship will give you valuable insights in real-world challenges in the broad area of economics, and should help you in applying your analytical skills and knowledge toward increasing organizational effectiveness and growth.

Learning outcomes - Knowledge

At the end of the internship, the student should know the specific challenges faced by companies in using economics analysis to create value, both for the company, for its relevant stakeholders and for society in general.

The overall goal of the internship is to increase the employability of the students. More specifically, at the end of the internship, the student should have acquired an understanding of:

  • the practical issues and dilemmas faced by companies
  • the value chain and the competitive edge of the company
  • how economic analysis can be used to support decision-making and market analysis for the company, and
  • the time and efficiency constraints imposed by competition
Learning outcomes - Skills

The student at the end of the internship is expected to acquire skills in relation to:

  • career management and job seeking
  • defining and executing analytical tasks under conditions of uncertainty, change and time pressure
  • supporting suggestions for practical solutions with sound argumentation and grounded in economics
  • applying theoretical and quantitative knowledge to specific tasks and problems
General Competence

The student, at the end of the internship, should

  • reflect on the complexity of the work environment, the market forces that drive businesses and how companies create value in view of new opportunities, innovation and growth.
  • learn how to combine practical with theoretical knowledge in relation to problems, challenges, and improving efficiency.
Course content

Students will work for 8 weeks in a selected company and the tasks are assigned by each company. By the end of the internship the student will write a paper related to the internship. Each student is entitled to a maximum of three hours supervision on the term paper.

As part of this course, it is compulsory to participate in an employability course. 

The internship may be paid or unpaid.   

Teaching and learning activities

The internship is for 8 weeks, full time.  A completed, approved internship will give 12 ECTS credits only when the student has passed the term paper.

Each student must write a term paper individually.

Students must attend work as agreed upon with the company they are assigned to and write a paper towards the end of the internship.

Software tools
No specified computer-based tools are required.
Additional information



All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.


Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.


Information about what is taught on campus and other digital forms will be presented with the lecture plan before the start of the course each semester.

Required prerequisite knowledge

Participation requires that you have no pending courses and that you secure your own internship. See the student portal for detailed practical information.

Exam category: 
Form of assessment: 
Written submission
2 Month(s)
Term paper.
Students submit a company evaluation together with their term paper.
Exam code: 
Grading scale: 
Examination next semester, thereafter when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
Sum workload: 

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 12 ECTS credit corresponds to a workload of at least 320 hours.