The Human Resources Strategy for Researchers

Associate Professor in Business Economics with a focus on Finance

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    NTNU Norwegian University of Science and Technology
    EconomicsBusiness economics
    EconomicsFinancial science
    EconomicsIndustrial economics
    Recognised Researcher (R2)
    20/02/2022 23:00 - Europe/Brussels
    Norway › Trondheim


This is NTNU

NTNU is a broad-based university with a technical-scientific profile and a focus on professional education. The university is located in three cities with headquarters in Trondheim.

At NTNU, 9,000 employees and 42,000 students work to create knowledge for a better world.


About the job

Information about the Department

The Department is organized into six sections:

  • Managerial Economics, Finance and Operations Research
  • Health, Safety and Environment Management
  • Strategy and Business Development
  • Operations Management
  • Experts in Teamwork
  • Section of Economics and management (NTNU Gjøvik)

The position is part of the Managerial Economics, Finance and Operations Research section. This is a cooperation-oriented research group with several internationally recognized researchers who are active in many national and international research projects and programmes (financed by for example EC H2020, the Research Council of Norway). The section cooperates closely with both industry and governmental bodies. The section’s teaching duties are closely connected to the department’s 5-year Master of Technology program in Industrial Economics and Technology Management, which is one of the most prestigious master programs in Norway. 

In addition, the section has a considerable responsibility for teaching finance, business economics, managerial economics, and optimization, both in common and elective courses for all engineering students at both bachelor and master level.

The department (IØT) has as its mission to carry out education and research activities at a high international level. IØT’s core activity lies in the intersection between technology/natural sciences, business economics, management, and HSE, aiming to promote sustainable value creation in technology-based areas in industry, business and the public sector in Norway.

We recruit new employees in line with our mission, and we search for enthusiastic academics who are passionate about contributing to the department’s vision of “More research, interaction and team work which increases our value creation at the interface between technology/natural sciences and business economics, management, and HSE”. We are looking for employees who have experience with and potential for continuous innovation within this interface.

The position as Associate Professor reports to the Head of Department of IØT.

Main tasks and responsibilities

  • Research and dissemination of international publication quality within the field of Business Economics with a focus on Finance
  • Teaching in the scientific area of business economics, emphasizing investment evaluation, finance, and financial management both at introductory and advanced levels
  • Teaching according to the existing study plan
  • Exam preparation and evaluation without additional pay
  • Development of the scientific area and study programs
  • Supervision of master and doctoral candidates
  • Scientific area responsibility together with the other scientific staff
  • Initiating and coordinating work with developing research proposals
  • Participating, leading, and managing externally funded research projects
  • Relevant administrative and/or managerial tasks

Required qualifications 

To qualify for this position we require: 

1)       A Norwegian PhD or equivalent foreign PhD in one of the following four research areas:

          a)   Empirical industrial organization

          b)   Empirical finance

          c)   Quantitative methods applied to business economics

          d)    Financial mathematics or financial engineering

2)      Documented scientific qualifications in at least two of the four mentioned areas 1 a)-d).

3)      Published research in recognized and relevant international scientific journals. Scientific articles published in the last five years with relevance for the research areas indicated above will weigh strongest in the evaluation and ranking (The five-year period is to be extended by the duration of statutory leaves.). We desire an active researcher to fill this position, and consider the scientific publication record in light of how long ago the candidate received their PhD, and the duration of the PhD studies.

4)      Documented experience in teaching quantitatively-oriented business economics. The candidate must be able to teach investment evaluation, finance, and financial management.


The following qualifications will count positively in the evaluation and ranking of the candidates:

I.            Scientific competence relevant for the technology specializations of the students in the department’s master program in Industrial Economics and Technology Management, (https://www.ntnu.no/studier/mtiot/oppbygning)

II.            Experience with supervision at master and/or PhD level

III.           Experience with initiating and/or managing research projects

IV.           Collaboration experience with industry and/or the public sector

V.            International collaboration experience

VI.           Ability to collaborate with engineering disciplines

VII.         Fluency in a Scandinavian language

Candidates who have recently defended their dissertation, along with candidates who have submitted their dissertation for the evaluation committee at the time of application, but not yet defended, are encouraged to apply.


Other requirements

Basic qualifications in the discipline of education are required. Anyone who is appointed without having formal, basic qualifications in the discipline of education (formerly referred to as practical qualifications in teaching at university level) and who is unable to document equivalent qualifications is required to complete an approved course within two years of appointment. Uniped at NTNU offers qualifying courses. For further information: www.ntnu.edu/vacancies/pedagogical-qualification. Applicants with university level teaching experience are preferred.

Pedagogical qualifications will be evaluated. The evaluation will be based on documented pedagogical material, pedagogical education, skills from presentations of scientific work, experience from PhD or master level supervision, and other kinds of teaching and pedagogical experience. The overall level of the qualifications will be evaluated.

It is a formal prerequisite that, within three years of appointment, new employees who do not speak a Scandinavian language can demonstrate skills in Norwegian or another Scandinavian language equivalent to level three in the course in Norwegian for speakers of other languages at the Department of Language and Literature at NTNU. The University provides such courses. After three years, the candidate should be able and willing to teach and do research in Norwegian.

Please see the Regulations concerning appointment and promotion to teaching and research posts for general criteria for the position. NTNU is committed to following evaluation criteria for research quality according to The San Francisco Declaration on Research Assessment - DORA.

Personal qualities

Personal skills such as flexibility, collaboration ability and motivation to contribute to a good working environment will count strongly.

In the assessment of the best qualified applicant, education, experience and personal suitability will be emphasized, as well as motivation for the position.

We offer 

  • Exciting and challenging tasks in a strong international academic environment 
  • An open and inclusive work environment with dedicated colleagues 
  • Favourable terms in the Norwegian Public Service Pension Fund 
  • employee benefits 
  • Attractive Norwegian social welfare scheme including family benefits, home loans, insurance and pensions in the Norwegian Public Service Pension Fund
  • Every 5th year the possibility to apply for a one-year sabbatical leave
  • Vibrant research environment with intensive industry collaboration
  • Possibility to apply for gender equality funds for female employees
  • Working at NTNU

Information about Working and living in Norway can be found at the following link:


Salary and conditions

The gross salary for the position of Associate Professor (code 1011) is normally from NOK 600 000,- to NOK 731 400,- per year, depending on qualifications and seniority. From the salary, 2% is deducted as a contribution to the Norwegian Public Service Pension Fund.

The engagement is to be made in accordance with the regulations in force concerning State Employees and Civil Servants, and the acts relating to Control of the Export of Strategic Goods, Services and Technology. Candidates who by assessment of the application and attachment are seen to conflict with the criteria in the latter law will be prohibited from recruitment to NTNU.

After the appointment, you must assume that there may be changes in the area of work.

The total work obligation is divided into research, teaching and administration. The division between these fields of work obligation will vary, but approximately equal time should be devoted to research and teaching.

The person appointed must comply with decisions on changes due to developments in the subject area or due to organizational changes that may result from decisions regarding the university's activities.

Primary residency in Trondheim is a prerequisite. The person appointed must live in a location enabling him/her to be present at and available to the department.

Application Process

You can find more information about working at NTNU and the application process here.


About the application

The application and description of the academic work to be used as the basis for the assessment must be written in English. Applicants must submit the following documents on the application website www.jobbnorge.no within the application deadline:

  • Application/motivation letter.
  • CV and authorized documentation of certificates and study records.
  • Documentation of the qualifications 1)-4) and the desired qualifications I.-VII. Skills and experience that are not documented in the application will be regarded as non-existing in the evaluation.
  • Academic work - published or unpublished - that you would like to be considered in the assessment (up to 10 works). These academic works must be attached to the application in order to be considered in the evaluation.
  • A description of the academic work that the applicant considers most relevant and that he/she wants the evaluation committee to pay particular attention to.
  • A list of all publications with bibliographical references.
  • Description of teaching qualifications based on a list of factors ("Documentation of applicant’s teaching qualifications in connection with appointment to an academic position at NTNU") 
  • Details of projects for which the applicant has been project manager, with information about funding, duration and size.
  • Name and contact information of three potential references.

Joint work will be considered. If it is difficult to identify your contribution to joint work, you must attach a brief description of your participation.

If, for any reason, you have taken a career break or have had an atypical career and wish to disclose this in your application, the selection committee will take this into account, recognizing that the quantity of your research may be reduced as a result.

General information

NTNUs personell policy emphasizes the importance of equality and diversity. We encourage applications from all qualified candidates, regardless of gender, disability, or cultural background. NTNU is working actively to increase the number of women employed in scientific positions, and has a number of resources to promote equality. 

The city of Trondheim is a modern European city with a rich cultural scene. Trondheim is the innovation capital of Norway with a population of 200,000. The Norwegian welfare state, including healthcare, schools, kindergartens and overall equality, is probably the best of its kind in the world. Professional subsidized day-care for children is easily available. Furthermore, Trondheim offers great opportunities for education (including international schools) and possibilities to enjoy nature, culture and family life and has low crime rates and clean air quality.

As an employee at NTNU, you must continually maintain and improve your professional development and be flexible regarding any organizational changes.

In accordance with public law your name, age, job title, and county of residence may be made available to the public even if you have requested not to appear on the public list of applicants. For the sake of transparency, candidates will be given the expert evaluation of their own and other candidates. As an applicant you are considered part of the process and is stipulated to rules of confidentiality.

Further information about the position is available by contacting Professor Stein-Erik Fleten, ph. +47 7359 1296 / email stein-erik.fleten@ntnu.no or Professor Verena Hagspiel, ph. +47 7359 3152 /email verena.hagspiel@ntnu.no.

If you have questions regarding the recruitment process, please contact HR Consultant Hilde Selli Egelie, e-mail hilde.s.egelie@ntnu.no.

The application and all attachments should be submitted electronically via jobbnorge.no. 

Application deadline: 20.02.2022


NTNU - knowledge for a better world

NTNU - knowledge for a better world

The Norwegian University of Science and Technology (NTNU) creates knowledge for a better world and solutions that can change everyday life.

Department of Industrial Economics and Technology Management

We conduct research and teaching at an international level in the interface between technology/natural sciences and economics, management, and HSE (health, safety and the environment). Our goal is sustainable creation of value within technology-based areas in industry, business and the public sector in Norway. We have academic groups in Trondheim and Gjøvik. The Department of Industrial Economics and Technology Management is one of four departments in the Faculty of Economics and Management

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NTNU Norwegian University of Science and Technology
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