The University of Iceland’s annual forum took place in the Main Building’s Ceremonial Hall on Wednesday under the theme “The University of Iceland– a foundation of society and progress”. Attendance was good, and the forum was streamed live as well.
Logi Már Einarsson, Minister for Culture, Innovation and Higher Education, opened the forum with an address covering the position and vital role of the University of Iceland as the leading institution for education and research.
The Rector then presented an overview of the University’s operations and strategic direction, highlighting key performance indicators, core statistics, and the institution’s annual financial report.
Among the most notable developments over the past year was the increase in academic publications by research scientists at the University in renowned international journals, rising from 1,443 to 1,505, reflecting the increased research output. Research funding also rose, from ISK 6.7 billion to ISK 7.1 billion, a testament to the vibrant and dynamic nature of the University's research activity. Furthermore, according to Gallup's annual survey, the University retained its position as the second most trusted institution in Iceland.
Innovation at the University of Iceland is more dynamic than ever, with patent applications increasing from three to fourteen in one year. The University now holds equity in 22 start-up companies.
Student satisfaction also saw a modest increase, reaching 77%, a figure that compares favourably on an international scale, and a testament to the University’s commitment to enhancing student services and the quality of teaching and learning.
In 2024, the University’s total revenue rose from just over ISK 35 billion to nearly ISK 37 billion, including ISK 12.5 billion in self-generated income. The University’s equity increased by ISK 1.4 billion.
The annual award for enterprise and leadership was presented at the annual forum, but they are designed for a group or team at the University who have shown exceptional initiative and leadership within the University.
This year’s award was presented to a large group of staff members who have played a key role in advancing and integrating information technology into university operations. The UI strategy strongly emphasises the practical application of IT, and it is clear that the digital transformation is increasingly influencing nearly every aspect of its activities.
In his remarks, Rector Jón Atli Benediktsson stated that this transformation is far from complete: "It is evident that artificial intelligence and information technology will continue to evolve rapidly in the coming years. It is thus crucial that knowledge-driven institutions like the University of Iceland remain at the forefront and embrace these technologies to further enhance the quality of the University – for the benefit of society and the economy."
The Rector emphasised that the award serves as a reminder of the diverse and essential work carried out daily at the University – work that earns trust and well-deserved recognition, whether in teaching and learning, research and innovation, international collaboration, community engagement, or student-led initiatives.
The award recipients are selected annually by the Rector in collaboration with the Deans of the University’s five academic schools. This was the seventh time the award has been presented. Last year, it was awarded to a group of researchers for their outstanding achievements in securing highly competitive European Research Council (ERC) grants.
