Our graduate programme | Norges Bank Investment Management

You will work on projects across Norges Bank Investment Management, which manages one of the world’s largest sovereign wealth funds.

The programme runs for 12 months. You will spend the first nine months working on AI projects with our AI team. For the final three months, you will move into one of our business areas.

That final business area is where you will continue your career. Business needs shape the positions available. You can share interests and preferences as part of the application process.

The projects you will work on span the whole organisation. They cover investment management, risk, trading, technology, governance and compliance. Projects vary in length and scope. They follow the pace of development and the needs of the business.

You will start with structured onboarding and upskilling. This gives you a strong foundation before your first project. After that, you keep learning on the job. You work closely with experienced colleagues and get regular feedback. You also receive structured training in finance and investment. You have regular check-ins on your progress. A dedicated mentor and a buddy will also support you throughout.

Apply for our 2027 graduate programme

Applications for the 2027 graduate programme open on 24 July and close on 15 August.

What could your project look like?

No two projects are the same. Your work may include:

Applying machine learning and AI to investment analysis, risk management or trading strategies
Automating processes and building data pipelines that improve efficiency across the organisation
Developing tools to support portfolio management, compliance or governance
Integrating AI in real estate, for example the US and in logistics

Alongside your projects, you will help build our AI infrastructure. You will also support colleagues across the fund in adopting AI tools. This breadth means you will develop both technical depth and a real understanding of how a world-class investment fund operates.

Who are we looking for?

What matters most is real enthusiasm for AI, together with a sincere interest in finance. This is the field you will work in.

You don’t need to be an expert. We look for creative, curious people who have already started exploring AI and like getting hands-on. We will help you go deeper.

We welcome candidates from diverse backgrounds. These include data science, AI, finance, computer science, mathematics, statistics and engineering. We value diverse perspectives and encourage applications from candidates with different life experiences and backgrounds.

What we really want to see is curiosity, initiative, and a real enthusiasm for AI and what it can do within investment management. If that sounds like you, we would love to hear from you.

We look for people who:

Form their own views and take genuine ownership of their learning
Enjoy working through complex problems and making connections
Stay calm when things are unclear and treat uncertainty as part of the process
Can move between the detail and the bigger picture without losing either
Work well in a team and bring energy and care to how they collaborate
Are able to work independently and own their projects
Are motivated by a mission that goes beyond personal advancement

Where will you be based?

You can be based in Oslo, London or New York. When you apply, you tell us your preferred office. This is normally where you live or feel most connected. That office becomes your base for your career with us.

The first phase is dedicated to training with the rest of your cohort in Oslo. You may also work from our international offices on projects, depending on business needs.

We sponsor work visas for candidates selected to the programme, subject to eligibility.

How to apply

Applications open in August for positions starting 1 September the following year. Applications for the 2027 graduate programme open on 24 July and close on 15 August. Apply through our official recruitment system.

The programme has a fixed start date. If you have any date constraints, raise them during the interview process if you are selected.

We contact successful candidates by the first week of September.

The selection process has five stages

Application and CV screening

Online assessments (personality profile and psychometric tests)

AI case study exercise

Online or in-person interviews

Final offer

What to include in your application

When applying, you fill in a structured CV form. You answer questions about your background, experience and motivation. You also upload your transcripts. A few things to note:

If you do not yet have final grades, transcripts showing grades to date are fine. References are not needed at this stage
Be specific, give relevant examples and keep your answers concise and sincere.
Attach all supporting documents as PDF files
Documents should be in English or Norwegian. For transcripts in another language, provide an official English version or certified translation where possible
If your institution does not use Grade Point Average, convert your grades before submitting. Use our GPA converter.

Eligibility

The programme is open to final-year students and recent graduates. This includes bachelor's, master's, MBA or PhD level. Recent graduates can have up to two years of full-time work experience after graduation. You must have completed your degree before the programme starts. English is the working language across the organisation. Norwegian is not required.

Background checks

Employment with Norges Bank is conditional on an approved security and background check. This follows Norges Bank’s policies. It may include criminal background and credit checks. It may also verify your employment history and education. We only start these checks for successful candidates. They must be completed and approved before we finalise an employment offer. Full guidance is provided at the offer stage. You do not need to prepare any documents in advance.

Graduate programme