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Career opportunities

With a master's degree in Stochastic modeling, statistics and risk analysis, you have very good work opportunities in the private and public sectors. Which work areas are most relevant to you depends on your programme option, choice of courses, and topic for the master's thesis.

However, in any case, the programme will provide you with generic competence in stochastic modeling, mathematics, statistics and computer science, which makes you an attractive employee for a number of private and public enterprises.

Private sector

  • Banks and insurance companies. If you aim at a job in an insurance company, you should make sure that you plan your study so that you become a qualified actuary, see aktuarkompetanse (Norwegian web-page).
  • Oil companies, the energy sector, e.g. Hydro Energi, and other technological enterprises, e.g. DNV GL.
  • Pharmaceutical and biotechnological industries
  • Consultancy firms

Public sector

  • Research institutes, e.g. Norwegian Computing Center, Institute of Marine Research and SINTEF
  • Statistics Norway
  • National Institute of Public Health, Cancer Registry of Norway, large hospitals
  • Public technological enterprises, e.g. Statkraft and AVINOR.
  • Teaching and research positions at universities and colleges.

PhD study

A master's degree in Stochastic modelling, statistics and risk analysis may also qualify you to the PhD-study in mathematic and natural sciences at the University of Oslo or the PhD-study at another university in Norway or abroad.

Published May 23, 2017 12:32 PM - Last modified Aug. 28, 2023 10:04 AM