QTEM Master Network in

Quantitative Techniques for Economics and Management

1The QTEM team is grateful to the Bernheim Foundation for its crucial contribution to the QTEM project

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QTEM

Who? Which students are eligible QTEM?

What? Content and learning experience

Why? Opportunities

How? Application & Selection

Deadlines & Further information

WHO?WHO CAN APPLY FOR QTEM?

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Which students are eligible for QTEM?The QTEM master is accessible to students

• Who are in the third year of the following bachelor programmes at BI:• Business (Sivøk)• Finance

• Who will enroll in:• The Master of Science in Business majors Finance or Economics

• Who pass a competitive selection procedure• GPA of at least B• GMAT• Interview

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WHAT IS QTEM?Values

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International Partnership

Business and Policy Relevance

Academic Excellence

What is QTEM? A Network Master in Quantitative Techniques for Economics and Management

• A network master program of an expanding number of top Schools in Economics and Management

• Currently 8 Academic partners• Each school brings in max. 4

Corporate Partners• The QTEM master will educate and

provide future decision makers− Highly skilled with analytical and

quantitative techniques− Experienced through concrete

business and policy challenges− Comfortable in international settings

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BI’s Corporate Partners

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QTEM quantitative modules

QTEM Modules

International Economics and Regulation IT and People Management

Marketing And Distribution Analytics Quantitative Finance and Risk Management

Quantitative Techniques and Big Data Strategy, Innovation and Entrepreneurship

* Sources: existing functional practices at consulting firms; existing specializations or programs at Business and Economics Schools (the list of modules can evolve over time)

• Modules to be decided January 2014• QTEM relies exclusively on existing courses at the Academic Partners• A QTEM Participant will be considered "specialized" in a QTEM module when he reaches 20 ECTS of courses

belonging to that module across 2 QTEM semesters• In this case, the QTEM module will appear on the final QTEM Certificate

Program overview

MA1 S1 atHOME 5 mandatory courses: 30 ECTS

MA1 S2 atAcademic Partner 1

Quantitative courses (QTEM Elective Module)

Min 30 ECTS

MA2 S1 atAcademic Partner 2

Quantitative courses (QTEM Elective Module)

Min 30 ECTS

MA2 S2 atHOME

Master Thesis: 30 ECTSBusiness Ethics: 6 ECTS

Min 126 ECTS

+ 2 monthsinternship at least

WHY QTEM?

OPPORTUNITIES

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WHY - Opportunities of the QTEM

• Knowledge:– Program of top quality: the most relevant courses from the best schools– Attractive specializations opportunities through QTEM Elective Modules– Quantitative and analytical skills in high demand among attractive

employers

• Network:– International experience: 2 terms abroad at 2 different Academic Partners

(one per year)– Corporate exposure through the internship & Master thesis and exclusive

access to BI’s and possibly Host Universities’ Corporate Partners– Future growing network of Academic Partners, Corporate Partners and Alumni– Expected Financial Times ranking within 4 years

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Opportunities of the QTEM

• Career & reputation:– Privileged access to attractive jobs in multinationals and public institutions, in an

international context

Thanks to:

– Quantitative skills dedicated to decision making in corporations and public institutions

– Internship experience– Master thesis achievement– Personal network acquired– Privileged links with BI’s and Host Universities’ Corporate Partners– QTEM CV database

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HOW?

INTERNSHIPAPPLICATION & SELECTION

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Internship

• The internship (equivalent to at least 2 months) – Can be from the QTEM Corporate Partners’ network or any other

international corporation – this is the QTEM Participant’s own initiative. (Norwegian companies with international profiles are also relevant – subject to prior approval of the QTEM team)

– Final report to be delivered to QTEM Team at BI– Timing at the discretion of each QTEM Participant (during or after the 2

years of the master with at least 2 consecutive weeks)

BI’s Corporate Partners are:– Accenture– Aker Solutions– The Boston Consulting Group

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QTEM admission and recruitment process• This year, BI QTEM Participants are limited to 15 - 20• Application deadline BI: March 1st• Students apply for first exchange and rank schools in

order of preference• Students are ranked based on their GPA, GMAT and

an interview• All QTEM students compete with students from the

other schools and only the best students are guaranteed their first preferences

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QTEM selection criteria

• Bachelor grades (with a special focus on quantitative courses)• At least GPA of B with no grade lower than B for relevant Quantitative

courses

• Level of English• Extra-curricular activities• Motivation • GMAT

– GMAT score of 650 strongly recommended– Test taken within the last 3 years– Deadline: the School must receive your official GMAT score APRIL 1st

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GMAT

The GMAT test has 4 steps:

1. Schedule to take the GMAT Test– Appointment on the website (www.mba.com)– Price approx. 250 USD– Make your appointment as early as possible in order to meet the April 1st deadline

2. Prepare yourself– GMAT course organised at BI– Books, internet, …

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GMAT course at BI

• Six days, intensive course

• January: 3,4,5 and 10,11,12• • Course fee 1200 USD

• Selected QTEM candidates will get the course fee refunded

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GMAT

3. Take the test– Analytical written assessment + integrated reasoning + quantitative section + verbal section– Duration ≈ 3 hours, 30 min– Assessment center in Drammen– Select BI school code (0529) upon completion of the test

4. Improve your score if you want– GMAT score of 650 strongly recommended– Test taken within the last 3 years are accepted by QTEM– You can take the GMAT once every 31 calendar days and no more than five times in a 12-month

period

Plan and prepare your GMAT!!

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5. Key deadlines/dates

• Dec. 1GMAT course registration deadline

• 3,4,5/10,11,12 GMAT course at BI•

Jan 2014• March 1 2014 Application deadline

• April 1 2014 Last date for receiving the GMAT score

• May 25 2014 Nomination and ranking list based on GMAT to be sent to QTEM

• May 31 2014 QTEM selected candidates and first destination to be announced • Aug. 2014 Start of the academic year

• Jan/Feb. 2015 First Exchange

• February 2016 Second destination to be announced

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5. Further information

• At the QTEM website you will have access to: – Course catalogue at each Academic Partner– Academic Partner description– QTEM Corporate Partners– Student FAQ– QTEM leaflet

• For further information, contact Ellen.Tobiasson@bi.no at BI’s International Office or check @BI

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Your ticket to a global network www.QTEM.org