BI Norwegian Business School Fees 2026-27: Bachelor’s, Master’s & Living Costs for Indian Students

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Quick Read

  • Bachelor’s fees for Indians run about Rs.13.78 lakh/year at BI, confirmed 2026-27 rate.
  • MSc fees for Indians run about Rs.16.60 lakh/year for the 2026-27 intake.
  • Norway’s living-cost proof-of-funds requirement adds another Rs.15.1 lakh to your budget.
  • BI charges no separate application fee, and scholarships can offset tuition.

BI Norwegian Business School Fees for Indian Students: Bachelor’s and Master’s

BI charges two different rates depending on citizenship: a lower rate for EU/EEA/Swiss nationals and a non-EEA rate for everyone else, India included. The gap between the two is the single biggest line item in your budget.

ProgramNon-EEA Fee (NOK/year)Non-EEA Fee (INR/year, at Rs.9.96/NOK)Duration
Bachelor’s (BBA, Data Science for Business, Digital Business)NOK 1,38,400 (2026-27 rate, confirmed on BI’s own tuition page)Rs.13.78 lakh3 years
Master of Science (Business, Finance, Analytics tracks)NOK 1,66,700 (2026-27 rate: standard EEA fee of NOK 1,28,200 plus the 30% non-EEA differential)Rs.16.60 lakh2 years
Source: BI Norwegian Business School tuition fees page (bachelor and master of science pages)
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BI Norwegian Business School Fees 2026-27: Bachelor's, Master's & Living Costs for Indian Students

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BI Norwegian Business School Fees 2026-27: Bachelor's, Master's & Living Costs for Indian Students

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BI Norwegian Business School Fees 2026-27: Bachelor's, Master's & Living Costs for Indian Students

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BI's bachelor's non-EEA fee for 2026-27 is confirmed at NOK 1,38,400 on BI's own tuition page, up from NOK 1,32,600 the previous year. The MSc non-EEA fee for 2026-27 is NOK 1,66,700, also confirmed on BI's own tuition page. Check BI's own admissions page before you commit a budget, since the school reserves the right to adjust fees annually.

BI Norwegian Business School Fees per Semester

BI splits tuition into two equal installments, one for the fall semester and one for spring, rather than billing the full year upfront. That works out to roughly:

  • Bachelor's: about Rs.6.89 lakh per semester
  • MSc: about Rs.8.30 lakh per semester

Budgeting semester-wise rather than annually helps if you're arranging a remittance schedule with your bank or lender, since you won't need the full year's fee in hand at once.

Counselor insight: Fee tables online often lag a year behind, since schools update tuition pages mid-cycle rather than all at once. Always cross-check the figure against BI's own tuition page for the specific intake year before locking in a remittance plan, rather than trusting the first number you find.

Total Cost of Studying at BI: Tuition Plus Living Expenses

Tuition is only part of the bill. Norway's immigration authority (UDI) requires proof of funds to cover living costs before it issues a study residence permit, currently set at NOK 1,51,690/year (about Rs.15.1 lakh), separate from what you pay BI directly.

Add the two together and the full annual cost looks like this:

  • Bachelor's: NOK 2,90,090/year, roughly Rs.28.89 lakh
  • MSc: NOK 3,18,390/year, roughly Rs.31.71 lakh

This is a proof-of-funds figure Norway uses to assess visa applications, not necessarily what you'll spend month to month. Actual costs in Oslo vary by housing choice and lifestyle; our cost of living in Norway guide breaks that down city by city.

Scholarships for Indian Students at BI

BI runs a few scholarship tracks that can meaningfully cut the fees above, and unlike many fee figures, the award values are confirmed directly on BI's own scholarship pages:

  • BI Presidential Scholarship (MSc only): covers full tuition for up to two years, and international applicants also receive a stipend of NOK 50,000 per semester. On BI's current MSc fee, that's roughly Rs.33.17 lakh in tuition waived over two years, plus close to Rs.19.9 lakh in stipend, confirmed on BI's own scholarship page.
  • BI Norwegian Business School bachelor international scholarship: covers 50% of tuition fees for up to three years, confirmed on BI's own scholarship page. At the current non-EEA bachelor's rate, that's about Rs.6.89 lakh saved per year, for up to three years.
  • Merit-based and diversity-focused awards: smaller, program-specific scholarships tied to academic record or background.

Counselor insight: The Presidential Scholarship and the bachelor's award aren't consolation prizes, they can change the entire budget conversation. Factor them into your financing plan from the start rather than treating them as a bonus if you happen to qualify, since the deadline to apply sits right alongside the admission deadline, not after it.

None of these are automatic. You apply separately, usually as part of the main application, so factor the deadline into your planning rather than treating it as a later step.

Source: BI Norwegian Business School scholarship pages (BI Presidential Scholarship, Bachelor International Scholarship)

Financing BI Norwegian Business School Fees

There's no BI Norwegian Business School application fee to set aside before you even get an offer, which is one less line item than many other European business schools charge. But given the scale of the tuition itself, most Indian students still lean on an education loan rather than paying for it yourself. Indian banks and NBFCs both finance studies in Norway, covering tuition and the living-cost component that UDI requires, though loans above a certain size typically need collateral.

Our education loan for study abroad guide walks through what lenders look for and how to compare offers.

BI Norwegian Business School Admission Requirements and Fees Context

Fees aside, admission runs on a few consistent checkpoints across programs:

  • Bachelor's: completed 12th grade, with English proficiency (commonly IELTS 6.0-6.5 or equivalent), and the academic record BI's admissions team reviews holistically.
  • MSc: a recognized bachelor's degree, generally a CGPA in the 3.5/4.0 range, plus English scores (IELTS, TOEFL, or PTE) and, for some tracks, a GMAT score, though BI does not mandate it across every MSc program.

BI Norwegian Business School English requirements and the BI Norwegian Business School GMAT score threshold both shift slightly by program, so cross-check the specific course page rather than assuming one standard applies everywhere.

BI Norwegian Business School Application Deadline 2026-27

BI runs a single priority deadline for international applicants rather than a rolling window, but that's not the only date that matters for an Indian applicant:

  • Bachelor's (international applicants): 1 March, BI admission deadline
  • MSc (all programs, scholarship applications included): 1 March, with the online application portal for MSc staying open until 1 August for late submissions outside the scholarship track
  • UDI study/residence permit: once you have an offer, the deadline to submit your funds and documents to be processed in time for the autumn semester is typically 15 June. Missing this doesn't cost you your BI seat, but it can delay your actual arrival in Norway, so treat it as binding as the admission deadline itself.

Applying by 1 March keeps you eligible for the Presidential Scholarship and other merit awards; applying after that date narrows your options to tuition-paying seats only. Clearing BI's own deadline doesn't automatically clear the separate UDI permit deadline, so track both.

How BI Fees Compare to Other Norway Business Schools

BI isn't the cheapest option in Norway, but it isn't the most expensive either. NHH (Norwegian School of Economics), a public institution, charges non-EEA students NOK 2,04,000/year for its Master in Management, roughly NOK 37,300 more per year than BI's MSc at the corrected 2026-27 rate. Oslo Business School doesn't publish a clearly comparable non-EEA rate across sources, so confirm directly with the school rather than relying on a secondhand figure.

Counselor insight: NHH is publicly funded and tuition-free for EU/EEA citizens, and by its own admission does not offer scholarships or other financial support to any student, domestic or international. BI is private and funds both the Presidential Scholarship and the bachelor's international award directly. So the headline NOK 37,300 gap at NHH isn't the full picture, what an Indian applicant can realistically get awarded at BI closes much of it.

Source: NHH tuition and financial matters page; BI Norwegian Business School tuition fees page

3 Takeaways on BI Norwegian Business School Fees

  • Budget for BI Norwegian Business School fees at the non-EEA rate, not the free-tuition figure Norway was once known for, which changed in 2023.
  • Apply by 1 March to stay eligible for BI's scholarships, since late applicants are only considered for tuition-paying seats.
  • Add Norway's living-cost requirement to BI's quoted tuition to see the real annual number you're budgeting for, not just the fee alone.

Working out the full cost of BI Norwegian Business School? Talk to a LeapScholar counselor about financing and scholarship options before you apply.

Frequently Asked Questions About BI Norwegian Business School Fees

  • Is BI Norwegian Business School free?

    Indian students pay full tuition, not a subsidized rate. Norway stopped waiving fees for non-EU/EEA applicants in August 2023, so Indians sit at BI's non-EEA rate: around Rs.13.78 lakh/year for a bachelor's and Rs.16.60 lakh/year for the MSc.

  • Is BI Norwegian Business School good?

    BI holds triple accreditation (EQUIS, AACSB, and AMBA), a mark fewer than 1% of business schools worldwide achieve, and the Financial Times ranked it Norway's top business school and second-best in the Nordics in its 2025 European Business Schools ranking.

  • What is the ranking of BI Norwegian Business School in Norway?

    BI has been ranked Norway's number one business school by the Financial Times for several consecutive years, and its MSc programs regularly place in the upper tier of the QS Business Masters rankings.

  • What is the acceptance rate for BI Norwegian Business School?

    BI does not publish an official acceptance rate. Admission depends on grades, English scores, and, for some master's tracks, GMAT or GRE, rather than a fixed quota, so there's no verified percentage to quote here; our BI Norwegian Business School acceptance rate guide covers what actually drives a decision instead.

  • What are the BI Norwegian Business School fees per semester?

    Fees are split evenly across two semesters. A bachelor's comes to roughly Rs.6.89 lakh per semester, and the MSc to about Rs.8.30 lakh per semester, based on the current non-EEA annual rate.

  • What scholarships does BI Norwegian Business School offer Indian students?

    The BI Presidential Scholarship covers full MSc tuition plus a stipend for international applicants, and the Bachelor International Scholarship covers 50% of bachelor's tuition for up to three years, both confirmed on BI's own scholarship pages. Both are tied to the March 1 application deadline, not a later step.

  • Is there an application fee for BI Norwegian Business School?

    BI does not charge a separate application fee for bachelor's or master's programs, so your first committed cost only arrives once you accept an offer.

  • What is the total cost of studying at BI, including living expenses?

    Add Norway's minimum living-cost requirement of about Rs.15.1 lakh/year to tuition, and a bachelor's works out to roughly Rs.28.89 lakh/year, while the MSc comes to about Rs.31.71 lakh/year.

  • How does BI compare to NHH or Oslo Business School on cost?

    BI's MSc is cheaper than NHH's: NHH charges non-EEA students NOK 2,04,000/year against BI's NOK 1,66,700/year, a gap of about NOK 37,300. Oslo Business School doesn't publish a clearly comparable non-EEA rate, so verify directly before deciding based on cost alone.

  • Can Indian students get an education loan for BI Norwegian Business School?

    Indian banks and NBFCs do finance study at BI, covering both tuition and the living-cost component Norway requires, though loan amounts above a certain threshold usually need collateral.

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Kakumanu Sarvani

Kakumanu Sarvani is an SEO Content Writer at Leap Scholar, specializing in research-driven content for Indian students planning to study abroad. She holds a Master's degree in Mass Communication & Journalism from Christ (Deemed-to-be) University, Bengaluru. Her work covers career prospects, salary trends, post-study work visas, and higher education across destinations like the UK, Australia, and Russia. She combines insights from government sources, industry reports, and SEO research to deliver accurate, relevant, and student-focused content. Outside work, she enjoys traveling and exploring new places.

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