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
2022 Autumn
Active status: 
Level of study: 
Teaching language: 
Course type: 
One semester

BI Internship is an opportunity to work full-time in a company/organization as a part of your studies.  BI Internship provides the opportunity to gain practical experience in your particular field of study. It 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 towards increasing organizational effectiveness and growth. An internship should help you in applying your academic learnings in an empirical setting.

Note that in order to get a BI Internship approved as part of the degree, the student needs to apply according to BI’s procedures and submit a valid Learning Contract prior to starting their internship and in due time before the deadline.    

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.

Teaching and learning activities

Students will work full time for a minimum of 8 weeks in a company or organization. The internship may be paid or unpaid. Tasks are assigned by the company/organization and students must attend work as agreed upon.

Students are also expected to participate in the following activities:

  • Online employability course prior to the application process – compulsory
  • Individual supervision – up to 3 hours
  • Internship kick-off session – up to 1 hour
  • Term paper guidance session – up to 1 hour
  • Reflection seminar – up to 4 hours

For further information about the application process, links to the Learning Contract and the Career Portal where BI Internship positions are posted, and relevant dates/resources regarding the BI Internship course, please visit the Student Portal.

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 specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.



Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

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.