Facts and Figures 2007 A taste of NHH www.nhh.no Facts and figures 2007 NHH Facts and figures 2007 Introduction Introduction Vision Welcome To be the undisputed leader in Norway in the fields of economics and business administration, and a clear first choice as a place to study and as a centre of competence. NHH aims to stand out amongst the foremost in Europe in its fields. Mission To exploit its academic expertise and leading position in research, education and knowledge management to promote value creation and improvement in society. Key figures 2006 Full-time students International students Registered alumni members Core faculty Adjunct faculty PhD students Funding International partner schools NHH | 2 2572 262 4000 136 30 101 €38.7 million 114 NHH Established as a public institution in 1936, NHH (the Norwegian School of Economics and Business Administration) is Norway’s leading business school. It is the first choice for Norwegian students and for the Norwegian business community. Over 2,500 students study across a range of Bachelor, Master and PhD. programmes in economics, management, accounting and business analysis. The school also has the longest established Executive MBA programme in Norway, with specialisations including strategic leadership, brand management, public management and financial control and management. NHH has a faculty of high standing in the international research community. As a member of CEMS (Community of European Management Schools) and PIM (Partnership in International Management) the school is part of a global network of institutions that represent the highest degree of excellence in the fields of business administration and management, and demonstrate leadership in their geographic region. EQUIS (European Quality Improvement System) accreditation reinforces a strongly held belief that excellence in research is a prerequisite for excellence in teaching. With kind regards, Jan I. Haaland Rector Partnership in International Management 3 | NHH Facts and figures 2007 NHH Facts and figures 2007 Research overview Research overview Research overview Research centres Academic departments The faculty resources at NHH are grouped into five departments. These are: Department of Finance and Management Science (FOR) of Finance and Management Science (FOR) Department Department of Professional and Intercultural Communication (FSK) of Professional and Intercultural Communication (FSK) Department Department of Accounting, Auditing and Law (RRR) Department of Accounting, Auditing and Law (RRR) Department Department of Economics (SAM) of Economics (SAM) Core faculty PhD students PhD students 20 38 35 35 41 38 20 3* 12 41 3* 16 35 28 12 12 16 35 28 * Based at NHH but take PhD at the University of Bergen 12 Endowed and research chairs NHH currently has five endowed chairs funded by international * Based at NHH but take PhD at the University of Bergen companies. These are the Statoil chair in business analysis; the Telenor chair in tele-economics; the DnBNor chair in financial economics; the Storebrand chair in financial economics; and the Sparebanken Vest chair in climate change and innovation. The school also has a research chair in knowledge-based value creation in business firms. NHH | 4 The NHH group supports a number of research centres in partnership with other international institutions and organisations. These are: • • • • • • Centre for Advanced Studies in Economics Centre for Economic Policy Centre for Fisheries Economics Centre for Strategy and Management Centre for Financial Economics Centre for Ethics and Economy Publications 2006 Department Department of Strategy Management (SOL) of and Strategy and Management (SOL) Core faculty NHH Articles in international peer-reviewed journals Articles in national peer-reviewed journals Anthology articles Monographs Discussion and working papers PhD theses 83 22 34 3 102 12 Selected journals with NHH contributions in 2006: American Economic Review, Quarterly Journal of Economics, RAND Journal of Economics, Journal of Financial Economics, European Journal of Operational Research, International Journal of Auditing, History of Political Economy, Financial Accountability and Management, European Journal of Industrial Relations, Human Relations, Journal of Labor Economics, European Journal of Marketing, Journal of Business Ethics. 5 | NHH Facts and figures 2007 NHH Programmes Facts and figures 2007 NHH Programmes Study programmes Academic programmes A 3+2+3 programme structure forms the core of the study programmes at NHH, in line with the Bologna process. NHH focuses on targeting high calibre students for advanced programmes at all levels. • • The academic programmes offered at NHH are: • • • • Bachelor of Science (BSc) in Economics and Business Administration Master of Science (MSc) in Economics and Business Administration, with major specialisations available in: • Financial Economics • Business Analysis and Performance Management • Economic Analysis • Economics • Strategy and Management • Marketing and Industrial Economics • International Business MSc in International Business CEMS Master of International Management MSc in Accounting and Auditing PhD In 2007 NHH is launching a new graduate summer school. NHH | 6 Student admissions 2006 Applications Enrolment %female BSc in Economics and Business Administration 3818 422 36% MSc in Economics and Business Administration 515 317 39% MSc in International Business 251 24 42% CEMS MIM 47 31 52% MSc in Accounting and Auditing 218 137 36% PhD 44 19 32% Executive education NHH also offers six full degree executive programmes, and a selection of open and custom non-degree programmes. These programmes are: Degree programmes • EMBA in Strategic Management • EMBA in Management Control • EMBA in Public Economics and Management • EMBA in Brand Management • EMBA in Finance • Master of Technology Management (in cooperation with NTNU) Open programmes • Authorised Financial Analyst • Energy Market Analyst • Development programme for small firm accountants • • 7 | NHH Facts and figures 2007 NHH International Facts and figures 2007 NHH International International Activities International networks Faculty members are actively involved in international research networks, and NHH employs a number of adjunct faculty from leading overseas insitutions to build upon and strengthen these networks. The school hosts a number of international workshops and conferences each year, and prominent international guest lectureres hold a series of weekly seminars at NHH. In 2006 seminars were held by, amongst others, Viral Acharya (LBS), Beth Allen (University of Minnesota), Michael Burda (Humboldt University of Berlin), John Dickhaut (University of Minnesota), Mark Garmaise (UCLA), Christian Gollier (University of Toulouse), Wayne Landsman (University of North Carolina), Richard Roll (UCLA), Stephen A. Ross (MIT), Daniel R. Rubinfeld (UC Berkeley) and Frank Verboven (Catholic University of Leuven). International academic activities 2006 Articles in international peer-reviewed journals Contributions to international academic conferences International partner schools 83 118 114 Selected institutions where NHH faculty members have obtained their doctoral degrees from: Carnegie-Mellon University, Columbia University, Copenhagen Business School, Georgia State University, Harvard University, HEC Montreal, London School of Economics, Lund University, MIT, Northwestern University, Stanford University, Stockholm School of Economics, University College London, UC Berkeley, UCLA, University of Bonn, University of Minnesota, Uppsala University, Yale University. International and exchange students 2006 International students Incoming exchange students Outgoing exchange students 262 176 239 Partnership in International Management NHH | 8 9 | NHH Facts and figures 2007 NHH Norway Facts and figures 2007 NHH Bergen The difference Highest quality of life in the world Norway has a strong tradition of equality and has created a high degree of gender, economic and social equality. Combined with its high level of economic development, this has resulted in Norway being consistently ranked by the UN as having the highest quality of life in the world. The Norwegian economy is one of the most international in the world. Shipping and the offshore oil industry are typical examples of successful industries that are important areas of research at NHH. Norwegian companies have developed a unique form of management, emphasising the quality of life of employees through participative management. This is combined with a focus on high technology and the production of high quality products. English is spoken as a second language in Norway, and many companies have adopted it as their corporate language. A rugged, beautiful land Deep fjords and valleys carved out during the last ice age and towering mountains dropping straight into the sea create a magnificent backdrop to Western Norway. An outdoor playground sits on the doorstep, offering a wide variety of activities throughout the year for those who enjoy being in the great outdoors. This magnificent landscape, and the opportunities it provides, makes Norway a special place to live, study and work. NHH | 10 Bergen: historic city of trade Founded in 1070, Bergen grew up around its colourful harbour and has been a hub of commerce, seafaring and craftsmanship ever since. Located between mountains and the Atlantic Ocean, the city has always looked outwards towards overseas markets. Bergen is a charming city with a relaxed atmosphere, old-fashioned North European architecture, cobblestone streets, an outdoor fish market and a Hanseatic harbour area (a UNESCO World Heritage Site). With over 30,000 students, Bergen is also a truly vibrant city, filled with outdoor bars and cafes, restaurants and nightclubs, and an active music scene. Key facts on Norway Area Population GDP (PPP) GDP per capita 306,253 km2 4.7 million €148 billion €32,071 Key facts on Bergen Founded Area Population 1070 465 km2 243,960 11 | NHH Norwegian School of Economics and Business Administration www.nhh.no Cover picture: Nobel prize winner Finn E. Kydland, NHH alumnus and adjunct professor Photo credits: Bergen Reislivslag / Fjord Norge AS, Laura Domke, Asle Haukaas, Øyvind Lothe, Helge Skodvin, Magnus Stern rl0908 Helleveien 30, NO-5045 Bergen, Norway Phone: + 47 55 95 90 00 Email: info@nhh.no www.reinelinjer.no Norges Handelshøyskole