Bi Presidential Scholarship In Norway 2024

Pathway to Excellence: A Comprehensive Guide to the BI Presidential Scholarship in Norway


Welcome to your gateway to academic excellence in Norway! This comprehensive guide delves into the prestigious BI Presidential Scholarship, offered by BI Norwegian Business School (BI) to exceptional international and Norwegian students pursuing Master’s degrees. Earning a Master’s degree at BI equips you with advanced knowledge, practical skills, and a globally recognized qualification, propelling you towards a successful career in business.

This guide empowers you with the knowledge to navigate the application process, maximize your scholarship benefits, and thrive in your academic journey at BI. Whether you’re a seasoned professional seeking career advancement or a recent graduate yearning to delve deeper into the world of business, this scholarship unlocks doors to exceptional educational opportunities in Norway.

Unveiling the BI Presidential Scholarship

Understanding the Scholarship:

  • Scholarship Overview:

The BI Presidential Scholarship is a highly coveted scholarship program offered by BI Norwegian Business School. It aims to attract and support outstanding international and Norwegian students seeking to pursue Master’s degrees in various business disciplines at BI. The scholarship fosters a diverse and intellectually stimulating learning environment by welcoming talented students from across the globe.

  • Scholarship Benefits:

The BI Presidential Scholarship offers a comprehensive package of support for scholarship recipients:

  • Tuition Fee Waiver: The scholarship covers the full tuition fees for your chosen Master’s program at BI for up to two years, subject to maintaining good academic standing.
  • Living Expenses Stipend (International Students Only): International students receive a generous stipend to cover living expenses in Norway throughout their Master’s program duration. This stipend helps offset the cost of accommodation, food, transportation, and other essential expenses.
  • Academic Excellence Recognition: Being awarded the BI Presidential Scholarship signifies exceptional academic merit and potential. It enhances your resume and sets you apart from other candidates in the job market.
  • Eligibility Criteria:

To be eligible for the BI Presidential Scholarship, you must meet the following criteria:

  • Academic Excellence: Demonstrate outstanding academic achievement in your previous studies, typically reflected by a high GPA (minimum ‘A’ on the ECTS scale or equivalent) in your Bachelor’s degree.
  • Standardized Test Scores (if required): Some Master’s programs at BI might require standardized test scores like GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examinations) for international applicants. Research the specific requirements of your chosen program.
  • English Language Proficiency: Strong English language skills are essential for success at BI. Meet the English language. proficiency requirements set by BI, typically demonstrated through TOEFL or IELTS scores.
  • Work Experience (Optional, but Advantageous): Relevant work experience in a business-related field can strengthen your application by showcasing your practical skills and understanding of the business world. However, work experience is not mandatory for eligibility.
  • Motivation and Future Goals: Articulate a compelling reason for pursuing your chosen Master’s program at BI in your application essays. Highlight your career aspirations and how a degree from BI will equip you to achieve them.
  • Citizenship:The scholarship is open to both international students from all over the world and Norwegian students. However, residents of Norway with certain residency statuses might have different eligibility requirements. Check the BI website for details.

Building a Competitive Application

Crafting a compelling application that showcases your academic merit, potential for success, and suitability for the scholarship program is crucial. Here are the key components to focus on:

  • Academic Transcripts: Request official English translations of your academic transcripts from your undergraduate institution(s).

  • Standardized Test Scores (if required): Register for GMAT or GRE well in advance and achieve scores that meet the program’s requirements.

  • Letter of Motivation (Statement of Purpose): This is your chance to tell your story and convince the scholarship committee of your qualifications and aspirations. Here are some key elements to consider:

    • Academic Background: Briefly outline your academic journey, highlighting relevant coursework, achievements, and any distinctions you’ve earned.

    • Program Alignment: Explain why you’re particularly interested in the specific Master’s program you’re applying for. Demonstrate how your academic background aligns with the program’s curriculum and research focus.

    • Future Goals: Articulate your long-term career aspirations and how a Master’s degree from BI will equip you with the knowledge and skills to achieve them.

    • Contribution to BI: Express your desire to enrich the diverse learning environment at BI. Highlight relevant international experience, cultural understanding, or unique perspectives you bring to the table. Mention your willingness to participate in student organizations or contribute to the vibrant campus life at BI.

    • Writing Style: Maintain a clear, concise, and professional writing style. Proofread meticulously to eliminate errors. A well-written statement of purpose showcases your communication skills and ability to express yourself clearly and persuasively.

  • Letters of Recommendation: Secure strong letters of recommendation from professors familiar with your academic abilities and potential. Ideally, request letters from professors who have taught you core courses in your field of study or supervised your research projects. Letters of recommendation should emphasize your academic achievements, intellectual curiosity, analytical skills, problem-solving abilities, and potential to contribute meaningfully to your chosen field. Provide clear instructions to your recommenders, including your CV, a copy of your application essay (if possible), and any relevant information about the program or university. Follow up politely to ensure timely submission. Strong letters from well-respected academics can significantly bolster your application.

  • Curriculum Vitae (CV) or Resume: Compile a well-structured CV or resume that showcases your academic qualifications, relevant work experience (if any), research skills, volunteer experiences, and awards or recognitions. Quantify your achievements whenever possible to add impact. Highlight experiences that demonstrate leadership potential, teamwork abilities, initiative, and problem-solving skills. Tailor your CV to the specific Master’s program you’re applying for, emphasizing skills and experiences relevant to the program’s focus.

  • Additional Application Materials (if required): Some programs or universities might request additional materials such as writing samples, research proposals, portfolios (for creative fields), or proof of financial resources. Carefully review the application requirements and ensure you submit all necessary documents. Don’t hesitate to contact the scholarship provider if any requirement is unclear.

  • Meeting Deadlines: Scholarship applications often have strict deadlines. Plan accordingly and submit your application well in advance to avoid disqualification. Procrastination can significantly reduce your chances of success. Be mindful of deadlines and set up reminders to ensure timely submissions.

Beyond the Application: Securing Admission

Congratulations! You’ve secured the prestigious BI Presidential Scholarship to pursue your Master’s degree at BI Norwegian Business School. This remarkable achievement signifies your academic excellence and potential for future success. This chapter equips you with the knowledge to navigate the next steps and thrive in your academic journey at BI.

Securing Admission and Preparing for Departure

  • Formal Acceptance and University Admission: Following scholarship confirmation, receive formal acceptance from BI Norwegian Business School. This typically involves submitting additional documents as requested by the university and finalizing enrollment procedures.

  • Student Residence Permit: Following university acceptance, apply for a student residence permit. BI’s international office can provide guidance on the application process and necessary documentation, which typically includes proof of financial support (scholarship award letter), valid passport, health insurance documentation, and a letter of admission from BI.

Pre-departure Considerations:

  • Accommodation: BI offers various on-campus and off-campus housing options. Research available options, considering factors like budget, proximity to campus, and amenities. Explore online resources and student forums for recommendations on affordable housing options near campus. Secure your accommodation well in advance, particularly if arriving during peak seasons.

  • Cost of Living: Research the average cost of living in Oslo, including accommodation, food, transportation, and other essential expenses. Budget accordingly and explore cost-saving strategies such as cooking meals at home, utilizing student discounts, and finding affordable housing. Living frugally can help you manage your finances effectively throughout your studies.

  • Learning Resources: Familiarize yourself with BI’s library resources, online databases, and learning platforms. BI offers a vast collection of academic materials and subscriptions to relevant journals and publications. Utilize workshops and tutorials offered by the library to enhance your research skills and efficiently navigate online resources. Don’t hesitate to seek assistance from librarians; they are experts in research and can help you locate relevant materials for your studies.

Embracing Life in Oslo

  • Culture and Language: Immerse yourself in the vibrant culture of Oslo. Norwegians are known for their warmth, respect for nature, and commitment to social equality. Learning basic Norwegian phrases demonstrates respect for the local language and can enhance your overall experience. BI offers Norwegian language courses for international students.

  • Settling into the BI Community: BI fosters a diverse and welcoming student community. Actively participate in student clubs, organizations, and social events to connect with fellow students from various backgrounds, explore your interests, and develop valuable social skills.

Networking Opportunities:

  • These connections can provide valuable insights into the Norwegian business landscape, potential internship opportunities, and future career paths. The BI alumni network is particularly extensive and can offer mentorship and career advice as you transition into the professional world.

Exploring Career Opportunities with a BI Master’s Degree

A Master’s degree from BI Norwegian Business School, coupled with the prestigious BI Presidential Scholarship, equips you with a competitive edge in the global job market. Here’s a glimpse into the exciting career possibilities that await you:

  • Top Employers: BI graduates are highly sought-after by leading companies in Norway and internationally. The school boasts strong industry partnerships, and many companies actively recruit BI graduates for various positions. Utilize BI’s career center resources to connect with potential employers, participate in career fairs, and refine your resume and interview skills.

  • Global Career Prospects: A BI Master’s degree combined with the international exposure gained through the scholarship program opens doors to exciting career opportunities worldwide. Many BI graduates pursue careers in multinational corporations or international organizations, leveraging their intercultural competence and global business knowledge.

  • Industry-Specific Specialization: BI offers a variety of Master’s programs in specialized fields like Finance, Marketing, Entrepreneurship, and Business Analytics. Each program equips you with the specific skills and knowledge sought after by employers in those industries.

    • Finance: BI graduates with a Master’s in Finance are well-prepared for careers in investment banking, financial analysis, risk management, and corporate finance. The scholarship program might even connect you with relevant industry leaders or scholarship-specific internship opportunities in the financial sector.

    • Marketing: A Master’s in Marketing from BI equips you with the skills to excel in areas like brand management, digital marketing, market research, and customer relationship management. BI’s strong industry connections can expose you to potential employers in the marketing and advertising industry.

    • Entrepreneurship: If you aspire to launch your own venture, a Master’s in Entrepreneurship from BI provides the necessary business acumen, innovation skills, and network to succeed. The scholarship program might even offer resources or workshops specifically tailored to support aspiring entrepreneurs.

    • Business Analytics: With the growing importance of data-driven decision-making, a Master’s in Business Analytics from BI equips you with the skills to analyze large datasets, extract valuable insights, and leverage them for strategic business decisions. This specialization is highly sought after by companies across various industries.

  • Developing a Strong Career Plan: BI’s career center offers valuable resources to help you develop a strong career plan. Utilize career counseling services, participate in workshops on resume writing and interview skills, and explore online job boards specifically focused on positions relevant to your chosen field and BI graduates. Leverage the connections gained through the scholarship program to network with industry professionals and gain insights into potential career paths.

Becoming a Global Business Leader

Your Master’s degree from BI Norwegian Business School, supported by the BI Presidential Scholarship, positions you to become a future leader in the global business world. Here’s how to leverage this unique opportunity:

  • Building Intercultural Competence: Studying and living in Norway exposes you to diverse cultures and perspectives. Actively engage with international classmates, participate in cultural exchange programs, and travel throughout Europe during your studies. These experiences broaden your worldview, enhance your communication skills, and foster an appreciation for cultural differences – all crucial qualities for success in today’s globalized business environment.

  • Developing Leadership Skills: BI offers various opportunities to develop your leadership potential. Participate in student organizations, volunteer for leadership roles within project teams, or consider pursuing a leadership certificate program offered by the university. These experiences hone your critical thinking skills, decision-making abilities, and the ability to motivate and inspire others – all essential qualities of an effective leader.

  • Embracing Innovation and Entrepreneurship: Norway is a hub for innovation and entrepreneurship. Participate in BI’s innovation challenges, business plan competitions, or explore internship opportunities at Norwegian startups. The scholarship program might even offer specific resources or mentorship opportunities related to innovation and entrepreneurship. These experiences foster your creative thinking, problem-solving skills, and ability to adapt to a rapidly changing business landscape.

  • Ethical Business Practices: BI emphasizes ethical leadership and responsible business practices. Integrate these principles into your academic projects, group discussions, and future career aspirations. The scholarship program might even connect you with leaders who champion sustainability or social responsibility initiatives. Strive to make a positive impact on the business world by integrating ethical considerations into your decision-making throughout your career.