- Do you want to start your own business?
- Do you want to learn how to put your ideas into action?
- Do you want to understand the full process of innovation and entrepreneurship?
- Are you interested in learning skills in research and the commercialisation of knowledge?
- Would you like to work in innovation?
Students will acquire a thorough understanding and skills in research and commercialisation of knowledge, entrepreneurship and the development of business models.
The core of the programme consists of innovation courses taught in the first two modules. In these, students work together on both theoretical and practical projects, and they have the opportunity to develop their own innovation project.
Programme structure
The programme is 90 ECTS and is organised as one and a half years of full-time study.
The programme is made up of:
- Courses, 60 ECTS
- Final project, 30 ECTS
Organisation of teaching
The programme is taught in 7-week blocks, which means there are two blocks per semester or four per year. There are no traditional final examinations in the innovation courses.
This programme is taught in Icelandic, but most of the study material is in English.
Main objectives
After completing the programme, students will have the skills to develop innovative ideas in a range of contexts. This may involve establishing their own companies, working in start-ups, engaging in business development within larger organisations, or contributing to social innovation and innovation in the public sector.”
Other
Completing the programme allows you to apply for doctoral studies.
The requirements for admission are a BA, B.Ed or BS degree from university. As a general rule, applicants shall have completed their undergraduate studies with a first-class GPA (7.25 or above). Students are admitted to the programme based on their previous studies and work experience. Students who have not completed at least 36 ECTS in business administration or related field in their undergraduate studies shall, at the beginning of their studies, complete the preparatory course, VIÐ155M Introduction to Microeconomics and Corporate Finance, the course does not count towards degree. Of the 36 ECTS no less than 24 ECTS shall be in the following subjects or comparable: Finance, Introduction to Financial Accounting, Microeconomics, Methodology, Introduction to Human Resource Management, Introduction to Management, Introduction to Project Management, Computer Use and Spreadsheet, Business Law.
90 ECTS credits have to be completed for the qualification including a thesis of 30 ECTS.
- CV
- Statement of purpose
- Reference 1, Name and email
- Reference 2, Name and email
- Certified copies of diplomas and transcripts
- Proof of English proficiency
Further information on supporting documents can be found here
Programme structure
Check below to see how the programme is structured.
This programme does not offer specialisations.
- First year
- Fall
- Management of Innovation
- Innovation and venture development
- Applied Statistics
- Introduction to Microeconomics and Corporate Finance
- Spring 1
- Theoretical Foundations of Innovation and Entrepreneurship
- Introduction to Microeconomics and Corporate Finance
- Qualitative research methods
Management of Innovation (VIÐ307F)
The course provides students with insight into the management of innovation, whether involving product, technology, or service development. The nature of innovation, its processes, and its role in corporate management and strategy are examined, along with how to create an environment that fosters creativity and effective innovation outcomes. Students are introduced to the main theories in innovation management and analyse the components of the innovation process and their interconnections. The course also offers an overview of public funding schemes available for innovation projects. The course is based on practical case work as well as research on innovation environments and innovation management.
Innovation and venture development (IÐN121F)
In this course, students work on developing startup projects from idea to product. The course emphasises hands-on work on real-world challenges, where students apply user-centred methods, work with business models, and conduct various analyses and planning activities. The course is largely workshop-based and encourages collaboration among students from different academic backgrounds. Emphasis is placed on the critical analysis of opportunities for innovation and entrepreneurship, creative problem solving, and the development of ideas based on user needs. Students gain competence in methods for testing and communicating ideas and solutions, and develop an understanding of the practical and societal impacts of innovation in a broad context. The course is suitable for students who wish to strengthen their entrepreneurial mindset and learn to apply innovation methods, whether within organisations, established companies, or as independent entrepreneurs.
Applied Statistics (VIÐ1ADF)
The goal of this course is to strengthen the statistics and methodology knowledge of the students to enable them to better understand research methods and research findings. State-of-the-art research will be reviewed and the statistics and methodology required to conduct this research will be discussed. Students will also conduct their own research project in preparation for analytical work in their professional life and their Master’s thesis.
Introduction to Microeconomics and Corporate Finance (VIÐ155M)
This course provides an introduction at a master's level to the theory and practice of bussines. The aim is to prepare students for a variety of management tasks, both in the private and public sectors.
The course consists of five introductory modules:
Finance
Business law
Accounting
Macro economics
Micro economics
Organisation
The course is offered twice a year, in August and in January and students should complete the course in the first year of their master studies. Students who start the programme in the autumn should sit the course in August, but can postpone doing so until January. Those beginning in January should preferably take the course in January, but may postpone doing so until August.
The course opens on the 1st of each month and closes on the 31st. All course material will be available on the course website on Canvas on the 1st.
The course cannot be used for credits in the master's programmes.
Theoretical Foundations of Innovation and Entrepreneurship (VIÐ2A6F)
The course provides students with an overview of the academic field of innovation and entrepreneurship and prepares them for further study and practical engagement in the field. Students are introduced to key concepts, theories, and debates, and learn to apply them in academic and critical discussions grounded in research. Emphasis is placed on analysing recent academic articles, comparing different theories, and applying appropriate analytical tools to realistic cases. Students develop the ability to evaluate and justify the choice of analytical and research methods and to communicate findings clearly and academically, both in writing and orally.
Introduction to Microeconomics and Corporate Finance (VIÐ155M)
This course provides an introduction at a master's level to the theory and practice of bussines. The aim is to prepare students for a variety of management tasks, both in the private and public sectors.
The course consists of five introductory modules:
Finance
Business law
Accounting
Macro economics
Micro economics
Organisation
The course is offered twice a year, in August and in January and students should complete the coure in the first year of their master studies. Students that start the programme in the autumn should sit the course in August, but can postpone doing so until January. Those beginning in January should preferably take the course in January, but may postpone doing so until August.
The course opens on the 1st of each month and closes on the 31st. All course material will be available on the course website on Canvas on the 1st.
The course cannot be used for credits in the master's programmes.
Qualitative research methods (VIÐ2A4F)
The goal of the course is to give students insight into qualitative research methods, and their use in gathering and analysing data on the individual and organizational level. Students will be trained in defining a research problems and presenting them in a research question. Students will further plan and execute data gathering and analysing, as well as presenting the findings in a written report. Students will learn about the strengths and weaknesses of qualitative research so as to be able to choose the best method to study a given problem.
MS Thesis (NSV101L, NSV101L, NSV101L)
The topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.
Application for closing master's thesis.
MS Thesis (NSV101L, NSV101L, NSV101L)
The topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.
Application for closing master's thesis.
MS Thesis (NSV101L, NSV101L, NSV101L)
The topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.
Application for closing master's thesis.
- Fall
- VIÐ307FManagement of InnovationMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse Description
The course provides students with insight into the management of innovation, whether involving product, technology, or service development. The nature of innovation, its processes, and its role in corporate management and strategy are examined, along with how to create an environment that fosters creativity and effective innovation outcomes. Students are introduced to the main theories in innovation management and analyse the components of the innovation process and their interconnections. The course also offers an overview of public funding schemes available for innovation projects. The course is based on practical case work as well as research on innovation environments and innovation management.
Face-to-face learningPrerequisitesAttendance required in classCourse taught in period IIÐN121FInnovation and venture developmentMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionIn this course, students work on developing startup projects from idea to product. The course emphasises hands-on work on real-world challenges, where students apply user-centred methods, work with business models, and conduct various analyses and planning activities. The course is largely workshop-based and encourages collaboration among students from different academic backgrounds. Emphasis is placed on the critical analysis of opportunities for innovation and entrepreneurship, creative problem solving, and the development of ideas based on user needs. Students gain competence in methods for testing and communicating ideas and solutions, and develop an understanding of the practical and societal impacts of innovation in a broad context. The course is suitable for students who wish to strengthen their entrepreneurial mindset and learn to apply innovation methods, whether within organisations, established companies, or as independent entrepreneurs.
Face-to-face learningPrerequisitesCourse taught second half of the semesterVIÐ1ADFApplied StatisticsMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionThe goal of this course is to strengthen the statistics and methodology knowledge of the students to enable them to better understand research methods and research findings. State-of-the-art research will be reviewed and the statistics and methodology required to conduct this research will be discussed. Students will also conduct their own research project in preparation for analytical work in their professional life and their Master’s thesis.
Face-to-face learningPrerequisitesCourse taught in period IIVIÐ155MIntroduction to Microeconomics and Corporate FinanceMandatory (required) course6A mandatory (required) course for the programme6 ECTS, creditsCourse DescriptionThis course provides an introduction at a master's level to the theory and practice of bussines. The aim is to prepare students for a variety of management tasks, both in the private and public sectors.
The course consists of five introductory modules:
Finance
Business law
Accounting
Macro economics
Micro economicsOrganisation
The course is offered twice a year, in August and in January and students should complete the course in the first year of their master studies. Students who start the programme in the autumn should sit the course in August, but can postpone doing so until January. Those beginning in January should preferably take the course in January, but may postpone doing so until August.
The course opens on the 1st of each month and closes on the 31st. All course material will be available on the course website on Canvas on the 1st.
The course cannot be used for credits in the master's programmes.
Online learningPrerequisites- Spring 2
VIÐ2A6FTheoretical Foundations of Innovation and EntrepreneurshipMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionThe course provides students with an overview of the academic field of innovation and entrepreneurship and prepares them for further study and practical engagement in the field. Students are introduced to key concepts, theories, and debates, and learn to apply them in academic and critical discussions grounded in research. Emphasis is placed on analysing recent academic articles, comparing different theories, and applying appropriate analytical tools to realistic cases. Students develop the ability to evaluate and justify the choice of analytical and research methods and to communicate findings clearly and academically, both in writing and orally.
Face-to-face learningPrerequisitesCourse taught in period IIIVIÐ155MIntroduction to Microeconomics and Corporate FinanceMandatory (required) course6A mandatory (required) course for the programme6 ECTS, creditsCourse DescriptionThis course provides an introduction at a master's level to the theory and practice of bussines. The aim is to prepare students for a variety of management tasks, both in the private and public sectors.
The course consists of five introductory modules:
Finance
Business law
Accounting
Macro economics
Micro economicsOrganisation
The course is offered twice a year, in August and in January and students should complete the coure in the first year of their master studies. Students that start the programme in the autumn should sit the course in August, but can postpone doing so until January. Those beginning in January should preferably take the course in January, but may postpone doing so until August.
The course opens on the 1st of each month and closes on the 31st. All course material will be available on the course website on Canvas on the 1st.
The course cannot be used for credits in the master's programmes.
Online learningPrerequisitesVIÐ2A4FQualitative research methodsMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionThe goal of the course is to give students insight into qualitative research methods, and their use in gathering and analysing data on the individual and organizational level. Students will be trained in defining a research problems and presenting them in a research question. Students will further plan and execute data gathering and analysing, as well as presenting the findings in a written report. Students will learn about the strengths and weaknesses of qualitative research so as to be able to choose the best method to study a given problem.
Face-to-face learningPrerequisitesCourse taught in period III- Year unspecified
- NSV101L, NSV101L, NSV101LMS ThesisMandatory (required) course0/0/0A mandatory (required) course for the programme0/0/0 ECTS, creditsCourse Description
The topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.Application for closing master's thesis.
Self-studyPrerequisitesPart of the total project/thesis creditsNSV101L, NSV101L, NSV101LMS ThesisMandatory (required) course0/0/0A mandatory (required) course for the programme0/0/0 ECTS, creditsCourse DescriptionThe topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.Application for closing master's thesis.
Self-studyPrerequisitesPart of the total project/thesis creditsNSV101L, NSV101L, NSV101LMS ThesisMandatory (required) course0/0/0A mandatory (required) course for the programme0/0/0 ECTS, creditsCourse DescriptionThe topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.Application for closing master's thesis.
Self-studyPrerequisitesPart of the total project/thesis creditsSecond year- Fall
- VIÐ307FManagement of InnovationMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse Description
The course provides students with insight into the management of innovation, whether involving product, technology, or service development. The nature of innovation, its processes, and its role in corporate management and strategy are examined, along with how to create an environment that fosters creativity and effective innovation outcomes. Students are introduced to the main theories in innovation management and analyse the components of the innovation process and their interconnections. The course also offers an overview of public funding schemes available for innovation projects. The course is based on practical case work as well as research on innovation environments and innovation management.
Face-to-face learningPrerequisitesAttendance required in classCourse taught in period IIÐN121FInnovation and venture developmentMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionIn this course, students work on developing startup projects from idea to product. The course emphasises hands-on work on real-world challenges, where students apply user-centred methods, work with business models, and conduct various analyses and planning activities. The course is largely workshop-based and encourages collaboration among students from different academic backgrounds. Emphasis is placed on the critical analysis of opportunities for innovation and entrepreneurship, creative problem solving, and the development of ideas based on user needs. Students gain competence in methods for testing and communicating ideas and solutions, and develop an understanding of the practical and societal impacts of innovation in a broad context. The course is suitable for students who wish to strengthen their entrepreneurial mindset and learn to apply innovation methods, whether within organisations, established companies, or as independent entrepreneurs.
Face-to-face learningPrerequisitesCourse taught second half of the semesterVIÐ1ADFApplied StatisticsMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionThe goal of this course is to strengthen the statistics and methodology knowledge of the students to enable them to better understand research methods and research findings. State-of-the-art research will be reviewed and the statistics and methodology required to conduct this research will be discussed. Students will also conduct their own research project in preparation for analytical work in their professional life and their Master’s thesis.
Face-to-face learningPrerequisitesCourse taught in period IIVIÐ155MIntroduction to Microeconomics and Corporate FinanceMandatory (required) course6A mandatory (required) course for the programme6 ECTS, creditsCourse DescriptionThis course provides an introduction at a master's level to the theory and practice of bussines. The aim is to prepare students for a variety of management tasks, both in the private and public sectors.
The course consists of five introductory modules:
Finance
Business law
Accounting
Macro economics
Micro economicsOrganisation
The course is offered twice a year, in August and in January and students should complete the course in the first year of their master studies. Students who start the programme in the autumn should sit the course in August, but can postpone doing so until January. Those beginning in January should preferably take the course in January, but may postpone doing so until August.
The course opens on the 1st of each month and closes on the 31st. All course material will be available on the course website on Canvas on the 1st.
The course cannot be used for credits in the master's programmes.
Online learningPrerequisites- Spring 2
VIÐ2A6FTheoretical Foundations of Innovation and EntrepreneurshipMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionThe course provides students with an overview of the academic field of innovation and entrepreneurship and prepares them for further study and practical engagement in the field. Students are introduced to key concepts, theories, and debates, and learn to apply them in academic and critical discussions grounded in research. Emphasis is placed on analysing recent academic articles, comparing different theories, and applying appropriate analytical tools to realistic cases. Students develop the ability to evaluate and justify the choice of analytical and research methods and to communicate findings clearly and academically, both in writing and orally.
Face-to-face learningPrerequisitesCourse taught in period IIIVIÐ155MIntroduction to Microeconomics and Corporate FinanceMandatory (required) course6A mandatory (required) course for the programme6 ECTS, creditsCourse DescriptionThis course provides an introduction at a master's level to the theory and practice of bussines. The aim is to prepare students for a variety of management tasks, both in the private and public sectors.
The course consists of five introductory modules:
Finance
Business law
Accounting
Macro economics
Micro economicsOrganisation
The course is offered twice a year, in August and in January and students should complete the coure in the first year of their master studies. Students that start the programme in the autumn should sit the course in August, but can postpone doing so until January. Those beginning in January should preferably take the course in January, but may postpone doing so until August.
The course opens on the 1st of each month and closes on the 31st. All course material will be available on the course website on Canvas on the 1st.
The course cannot be used for credits in the master's programmes.
Online learningPrerequisitesVIÐ2A4FQualitative research methodsMandatory (required) course7,5A mandatory (required) course for the programme7,5 ECTS, creditsCourse DescriptionThe goal of the course is to give students insight into qualitative research methods, and their use in gathering and analysing data on the individual and organizational level. Students will be trained in defining a research problems and presenting them in a research question. Students will further plan and execute data gathering and analysing, as well as presenting the findings in a written report. Students will learn about the strengths and weaknesses of qualitative research so as to be able to choose the best method to study a given problem.
Face-to-face learningPrerequisitesCourse taught in period III- Year unspecified
- NSV101L, NSV101L, NSV101LMS ThesisMandatory (required) course0/0/0A mandatory (required) course for the programme0/0/0 ECTS, creditsCourse Description
The topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.Application for closing master's thesis.
Self-studyPrerequisitesPart of the total project/thesis creditsNSV101L, NSV101L, NSV101LMS ThesisMandatory (required) course0/0/0A mandatory (required) course for the programme0/0/0 ECTS, creditsCourse DescriptionThe topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.Application for closing master's thesis.
Self-studyPrerequisitesPart of the total project/thesis creditsNSV101L, NSV101L, NSV101LMS ThesisMandatory (required) course0/0/0A mandatory (required) course for the programme0/0/0 ECTS, creditsCourse DescriptionThe topic of the master's thesis must be chosen after consulting the thesis advisor(s), who must be full-time faculty at the School of Business.
The thesis must equal 30 credits and coursework shall equal 60 credits to fulfill the requirements for applying to the research study fund (Rannsóknanámssjóður). The thesis must be presented at a departmental seminar.The thesis must be submitted online no later than the specified dates before each graduation. Grades for a master's thesis are awarded by the thesis advisor(s) and an external examiner.
Please note! According to the rules of the University of Iceland, all MS theses must be open after they have been submitted to the University Library. If a student wishes for its MS thesis be closed for a certain period of time, after graduation, they need the approval of their supervisor and the dean of the department. Maximum closure is 5 years. It is preferable to apply for the authorization before writing the thesis.Application for closing master's thesis.
Self-studyPrerequisitesPart of the total project/thesis credits
Additional information The University of Iceland collaborates with over 400 universities worldwide. This provides a unique opportunity to pursue part of your studies at an international university thus gaining added experience and fresh insight into your field of study.
Students generally have the opportunity to join an exchange programme, internship, or summer courses. However, exchanges are always subject to faculty approval.
Students have the opportunity to have courses evaluated as part of their studies at the University of Iceland, so their stay does not have to affect the duration of their studies.
An education in this area can open up opportunities in:
- Product development
- Business opportunity development
- Monitoring and development of new market opportunities
- Various work in the entrepreneurial sector
This list is not exhaustive
MAESTRO is the organisation for Master's students at the University of Iceland Faculty of Business Administration and Faculty of Economics.
The role and purpose of MAESTRO is to advocate for members' interests and make their time at UI more enjoyable and productive. MAESTRO provides students with useful information, maintains a good working relationship with the University and faculties, as well as encouraging students to socialise together and build connections.
Student´s comments
My passion for creating and exploring new ideas led me to pursue an MS in Innovation and Entrepreneurship. The programme provided valuable methods for developing ideas, understanding key success factors, and connecting with the innovation environment in Iceland. The highlight was learning from excellent professors and fellow students.
I am studying industrial engineering and decided to take innovation courses as electives, and I couldn't be happier with my choice. The courses complement my engineering studies well and are suitable for anyone interested in creating something new. The classes were truly dynamic and enjoyable, tackling real-world problems chosen by the students. The icing on the cake was getting to know students from other disciplines and having the opportunity to collaborate with them.
During my BS studies, I introduced a business idea at the Gulleggið competition, which inspired me to start my company, Nordic Green Travel. Pursuing an MS in Innovation and Business Development was a natural fit. The programme equipped me with essential tools to develop business ideas, which I applied to grow my business. The diverse backgrounds of my peers enriched our group projects, and the exceptional instructors made learning enjoyable.
The practical M.Fin. programme suited my long-term career goals, offering flexibility and the ability to combine innovation with finance. It enhanced my management skills and broadened my professional network.Helpful content Study wheel
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You are welcome to drop by at the office in Gimli or you can book an online meeting in Teams with the staff.
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