On 18 March 2011, Molde played their first league game under Solskjær and suffered an embarrassing 3–0 defeat to newly promoted Sarpsborg 08. They played their first home game of the season on 3 April, where despite coming from 1–0 down to lead 2–1 they were held to a 2–2 draw by league leaders Tromsø. Molde's first goal under Solskjær was scored in this game, by Senegalese striker Pape Paté Diouf. On 17 April 2011, Solskjær won his first Tippeligaen game at Molde with the 3–2 home win over Stabæk. On Molde's 100 years anniversary on 19 June 2011, Solskjær lead the team to a 2–0 victory over Sogndal and the top of the Tippeligaen. On 30 October 2011, Solskjær won the Tippeligaen with Molde in his first year as manager for the team.[135]
On 11 November 2012, Solskjær's team, Molde, won the Tippeligaen for the second consecutive year after they beat Hønefoss 1–0, whilst their closest title challengers, Strømsgodset lost 2–1 away to Sandnes Ulf.[138]
In 2013, Molde suffered a tough season opening with only 7 points in the first eleven matches. Under the guidance of Solskjær, Molde managed to recover and at the end of the season the team finished in sixth place with 44 points in 30 matches. On 24 November 2013, Molde beat Rosenborg 4–2 in the 2013 Norwegian Football Cup Final to win the Norwegian Football Cup for the third time in the club's history, thus securing a place in the 2014–15 Europa League qualifiers.[139][140]
On 21 October 2015, Solskjær returned to Molde, signing a three-and-a-half-year contract to become their new manager.[150] His first match back in charge was the next day, with Molde defeating Celtic 3–1 at home in the Europa League group stage.[151] His first game in the league was a 2–1 away win against Aalesunds on 25 October.[152] He won the next, and final, two games of the 2015 Tippeligaen against Viking and Start, with Molde finishing in sixth.[153][154] Meanwhile, in the Europe League group stage, Solskjær guided Molde to first place, ahead of Fenerbahçe, Ajax and Celtic.[155] On 14 December, Molde was drawn against the title holders and eventual champions Sevilla in the Round of 32.[156] Molde lost the away leg 3–0 on 18 February 2016 but won the home leg 1–0 on 25 February, getting knocked-out 3–1 on aggregate.[157][158]
The 2016 Tippeligaen started fairly well for Solskjær with Molde winning seven, drawing three and losing two games in the first 12 matches with Molde sitting in second place. However a bad stretch of form followed with Molde failing to win their next six games, losing five of them – including a 3–1 defeat to league leaders Rosenborg on 28 May 2016.[159] Molde then won the next four games, including a 4–2 victory over Odd on 21 August with two goals coming in stoppage time from substitutes Tobias Svendsen and Harmeet Singh.[160] In Solskjær's first full season back as manager, Molde finished fifth in the league after losing on the final day of the season 1–0 to Lillestrøm.[161]
Molde's initial form under Solskjær in the 2017 Eliteserien was mixed with the club winning their first two matches – including a stoppage time winner against Lillestrøm on 5 April 2017[162] – but after that they only won one of their next seven games leaving Molde in tenth. Form improved however with Molde only losing just once in the next nine games, winning six including two 3–0 victories against Tromsø and Aalesund, bringing the club up to third place.[163][164] After losing the next two matches, Molde went unbeaten for the next seven games, winning six with two last minute victories against Odd and Vålerenga – seeing Molde go second.[165][166] Solskjær reached the semi-final of the Norwegian Football Cup on 17 August after a 2–1 victory over Kristiansund.[167]
The match took place on 21 September with Molde losing 3–0 to Lillestrøm, who went on to win the Cup.[168] Solskjær helped Molde finish second his in third season, seven points behind winners Rosenborg, seeing the club qualify for the first qualification round of the Europa League.[169][170]
The 2018 Eliteserien was Molde's best year under Solskjær since his return, starting the season with three wins against Sandefjord, Haugesund and Tromsø sending Molde top.[171][172][173] After a 4–0 defeat against Rosenborg on 8 April 2018,[174] Molde's form began to vary with the club getting only three wins in the next eight matches leaving the club in eighth. However Solskjær oversaw Molde go undefeated over the next five games including: a 4–0 away win over Brann on 1 July;[175] a 5–1 victory against Vålerenga on 8 July;[176] and a 5–1 win against Brann on 12 August.[177] On 11 July, Molde played away against Northern Irish side Glenavon in the first qualifying round of the Europa League, losing 2–1.[178] Molde won the return leg 5–1 on 19 July, sending them through to the next qualification round.[179] Molde were then drawn against Albanian team Laçi, beating them 5–0 on aggregate.[180][181] For the third qualifying round, Molde faced Hibernian over who Solskjær led his team to a 3–0 win on aggregate.[182][183] Molde were drawn against Russian side Zenit St. Petersburg on 6 August,[184] who they faced on 23 August with Molde losing 3–1 away.[185] Solskjær's Molde won the return leg on 30 August 2–1 but it was not enough as Molde were knocked out 4–3 on aggregate.[186] After suffering defeats in the league to Stabæk and Ranheim at the end of August,[187][188] Solskjær led his side undefeated for the rest of the season – winning eight out of ten. His best win in this run was against title challengers Rosenborg on 30 September, who Solskjær beat 1–0.[189] Despite this it was not enough as Molde finished the league in second place, five points behind winners Rosenborg. On 3 December 2018, Molde announced that Solskjær extended his contract till the end of the 2021 season.[190]