Innovative Learning Environment: Iceland is known for its progressive and innovative approach to education. Universities often incorporate the latest teaching methodologies and technology, providing a dynamic learning environment that encourages critical thinking and practical application of knowledge.
Strong Focus on Sustainability: Given Iceland's leadership in renewable energy and sustainability, studying business here often includes a strong emphasis on sustainable practices and green business models. This is increasingly valuable as global business trends lean towards sustainability.
Global Perspective: Icelandic institutions are highly international, offering students a global perspective on business and economics. This includes diverse student bodies and faculty, international collaborations, and opportunities to study abroad.
Robust Economy: Despite its small size, Iceland has a robust economy with strong sectors in tourism, fishing, renewable energy, and technology. This provides students with numerous opportunities to engage with various industries through internships and practical projects.
Quality of Life: Iceland ranks high globally in terms of quality of life, safety, and happiness. The peaceful and beautiful environment can provide a conducive setting for study and personal growth.
Entrepreneurial Spirit: The country has a high rate of entrepreneurship, and the educational institutions often support innovation and start-up culture, which is beneficial for students aspiring to start their own businesses.
Networking Opportunities: Due to the small size of the country and the close-knit professional communities, students often find it easier to build networks with business leaders and professionals, which can be invaluable for future career opportunities.
University |
Course Program |
Specializations |
|---|---|---|
|
University of Iceland |
B.Sc. Business Administration |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
University of Iceland |
M.Sc. Business Administration |
Corporate Finance, Marketing and International Business, Strategic Management |
|
University of Iceland |
Ph.D. Business Administration |
Business Administration |
|
Reykjavik University |
B.Sc. Business Administration |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
Reykjavik University |
M.Sc. Corporate Finance |
Corporate Finance |
|
Reykjavik University |
M.Sc. Marketing |
Marketing |
|
Reykjavik University |
M.Sc. Strategic Management |
Strategic Management |
|
Reykjavik University |
Ph.D. Business Administration |
Business Administration |
|
Bifröst University |
B.A. Business Administration |
General Business Administration, Marketing, International Business |
|
Bifröst University |
M.B.A. |
General Management |
|
Bifröst University |
M.A. International Business and Marketing |
International Business and Marketing |
|
Bifröst University |
M.A. Leadership and Management |
Leadership and Management |
University |
Course Program |
Degree Level |
Specializations |
|---|---|---|---|
|
University of Iceland |
Business Administration |
B.Sc. |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
University of Iceland |
Business Administration |
M.Sc. |
Corporate Finance, Marketing and International Business, Strategic Management |
|
University of Iceland |
Business Administration |
Ph.D. |
Business Administration |
|
University of Iceland |
Economics |
B.Sc. |
Economic Theory, Public Policy, International Economics |
|
University of Iceland |
Economics |
M.Sc. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Business Administration |
B.Sc. |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
Reykjavik University |
Corporate Finance |
M.Sc. |
Corporate Finance |
|
Reykjavik University |
Marketing |
M.Sc. |
Marketing |
|
Reykjavik University |
Strategic Management |
M.Sc. |
Strategic Management |
|
Reykjavik University |
Business Administration |
Ph.D. |
Business Administration |
|
Reykjavik University |
Economics |
B.Sc. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Economics |
M.Sc. |
Economic Theory, Public Policy, International Economics |
|
Bifröst University |
Business Administration |
B.A. |
General Business Administration, Marketing, International Business |
|
Bifröst University |
Business Administration |
M.B.A. |
General Management |
|
Bifröst University |
International Business and Marketing |
M.A. |
International Business and Marketing |
|
Bifröst University |
Leadership and Management |
M.A. |
Leadership and Management |
University |
Course Program |
Degree |
Specializations |
|---|---|---|---|
|
University of Iceland |
Business Administration |
B.Sc. |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
University of Iceland |
Economics |
B.Sc. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Business Administration |
B.Sc. |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
Reykjavik University |
Economics |
B.Sc. |
Economic Theory, Public Policy, International Economics |
|
Bifröst University |
Business Administration |
B.A. |
General Business Administration, Marketing, International Business |
University |
Course Program |
Degree |
Specializations |
|---|---|---|---|
|
University of Iceland |
Business Administration |
M.Sc. |
Corporate Finance, Marketing and International Business, Strategic Management |
|
University of Iceland |
Economics |
M.Sc. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Corporate Finance |
M.Sc. |
Corporate Finance |
|
Reykjavik University |
Marketing |
M.Sc. |
Marketing |
|
Reykjavik University |
Strategic Management |
M.Sc. |
Strategic Management |
|
Reykjavik University |
Economics |
M.Sc. |
Economic Theory, Public Policy, International Economics |
|
Bifröst University |
Business Administration (MBA) |
M.B.A. |
General Management |
|
Bifröst University |
International Business and Marketing |
M.A. |
International Business and Marketing |
|
Bifröst University |
Leadership and Management |
M.A. |
Leadership and Management |
University |
Course Program |
Degree |
Specializations |
|---|---|---|---|
|
University of Iceland |
Business Administration |
Ph.D. |
Business Administration |
|
University of Iceland |
Economics |
Ph.D. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Business Administration |
Ph.D. |
Business Administration |
|
Reykjavik University |
Economics |
Ph.D. |
Economic Theory, Public Policy, International Economics |
Institution |
Course Program |
Type |
Specializations |
|---|---|---|---|
|
Bifröst University |
Diploma in Business Studies |
Diploma |
General Business Studies |
|
Reykjavik University |
Executive Education Programs |
Certificate |
Leadership, Management, Finance, Marketing |
Institution |
Course Program |
Duration |
Specializations/Focus |
|---|---|---|---|
|
University of Iceland |
Summer School in Business |
2-4 weeks |
Various business topics including innovation and marketing |
|
Reykjavik University |
Executive Education Programs |
1-2 weeks |
Leadership, Management, Finance, Marketing |
|
Bifröst University |
Summer School in Sustainability |
2-4 weeks |
Sustainability in Business, Environmental Economics |
|
Reykjavik University |
Short Courses in Business Administration |
1-2 weeks |
General Business Administration, Project Management |
University |
Course Program |
Degree Level |
Specializations |
|---|---|---|---|
|
University of Iceland |
Business Administration |
B.Sc. |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
University of Iceland |
Business Administration |
M.Sc. |
Corporate Finance, Marketing and International Business, Strategic Management |
|
University of Iceland |
Business Administration |
Ph.D. |
Business Administration |
|
University of Iceland |
Economics |
B.Sc. |
Economic Theory, Public Policy, International Economics |
|
University of Iceland |
Economics |
M.Sc. |
Economic Theory, Public Policy, International Economics |
|
University of Iceland |
Economics |
Ph.D. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Business Administration |
B.Sc. |
Marketing, Finance, Accounting, Human Resource Management, Innovation and Entrepreneurship |
|
Reykjavik University |
Corporate Finance |
M.Sc. |
Corporate Finance |
|
Reykjavik University |
Marketing |
M.Sc. |
Marketing |
|
Reykjavik University |
Strategic Management |
M.Sc. |
Strategic Management |
|
Reykjavik University |
Business Administration |
Ph.D. |
Business Administration |
|
Reykjavik University |
Economics |
B.Sc. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Economics |
M.Sc. |
Economic Theory, Public Policy, International Economics |
|
Reykjavik University |
Economics |
Ph.D. |
Economic Theory, Public Policy, International Economics |
|
Bifröst University |
Business Administration |
B.A. |
General Business Administration, Marketing, International Business |
|
Bifröst University |
Business Administration (MBA) |
M.B.A. |
General Management |
|
Bifröst University |
International Business and Marketing |
M.A. |
International Business and Marketing |
|
Bifröst University |
Leadership and Management |
M.A. |
Leadership and Management |
|
Bifröst University |
Diploma in Business Studies |
Diploma |
General Business Studies |
|
Reykjavik University |
Executive Education Programs |
Certificate |
Leadership, Management, Finance, Marketing |
University |
Course Program |
Degree Level |
Primary Intake |
Secondary Intake |
|---|---|---|---|---|
|
University of Iceland |
Business Administration |
B.Sc., M.Sc., Ph.D. |
Fall (August/September) |
Spring (January) |
|
University of Iceland |
Economics |
B.Sc., M.Sc., Ph.D. |
Fall (August/September) |
Spring (January) |
|
Reykjavik University |
Business Administration |
B.Sc., Ph.D. |
Fall (August/September) |
Spring (January) |
|
Reykjavik University |
Corporate Finance |
M.Sc. |
Fall (August/September) |
Spring (January) |
|
Reykjavik University |
Marketing |
M.Sc. |
Fall (August/September) |
Spring (January) |
|
Reykjavik University |
Strategic Management |
M.Sc. |
Fall (August/September) |
Spring (January) |
|
Reykjavik University |
Economics |
B.Sc., M.Sc., Ph.D. |
Fall (August/September) |
Spring (January) |
|
Bifröst University |
Business Administration |
B.A. |
Fall (August/September) |
Spring (January) |
|
Bifröst University |
Business Administration (MBA) |
M.B.A. |
Fall (August/September) |
Spring (January) |
|
Bifröst University |
International Business and Marketing |
M.A. |
Fall (August/September) |
Spring (January) |
|
Bifröst University |
Leadership and Management |
M.A. |
Fall (August/September) |
Spring (January) |
|
Bifröst University |
Diploma in Business Studies |
Diploma |
Fall (August/September) |
Spring (January) |
University |
Course Program |
Degree Level |
Annual Tuition Fees (USD) |
|---|---|---|---|
|
University of Iceland |
Business Administration |
B.Sc. |
$1,000 - $1,500 |
|
University of Iceland |
Business Administration |
M.Sc. |
$1,500 - $2,000 |
|
University of Iceland |
Business Administration |
Ph.D. |
$1,000 - $1,500 |
|
University of Iceland |
Economics |
B.Sc. |
$1,000 - $1,500 |
|
University of Iceland |
Economics |
M.Sc. |
$1,500 - $2,000 |
|
University of Iceland |
Economics |
Ph.D. |
$1,000 - $1,500 |
|
Reykjavik University |
Business Administration |
B.Sc. |
$8,000 - $10,000 |
|
Reykjavik University |
Corporate Finance |
M.Sc. |
$10,000 - $12,000 |
|
Reykjavik University |
Marketing |
M.Sc. |
$10,000 - $12,000 |
|
Reykjavik University |
Strategic Management |
M.Sc. |
$10,000 - $12,000 |
|
Reykjavik University |
Business Administration |
Ph.D. |
$8,000 - $10,000 |
|
Reykjavik University |
Economics |
B.Sc. |
$8,000 - $10,000 |
|
Reykjavik University |
Economics |
M.Sc. |
$10,000 - $12,000 |
|
Reykjavik University |
Economics |
Ph.D. |
$8,000 - $10,000 |
|
Bifröst University |
Business Administration |
B.A. |
$9,000 - $11,000 |
|
Bifröst University |
Business Administration (MBA) |
M.B.A. |
$11,000 - $13,000 |
|
Bifröst University |
International Business and Marketing |
M.A. |
$10,000 - $12,000 |
|
Bifröst University |
Leadership and Management |
M.A. |
$10,000 - $12,000 |
|
Bifröst University |
Diploma in Business Studies |
Diploma |
$5,000 - $7,000 |
University |
Course Program |
Degree Level |
Eligibility Criteria |
|---|---|---|---|
|
University of Iceland |
Business Administration |
B.Sc. |
High school diploma or equivalent, proficiency in English (TOEFL/IELTS), entrance examination |
|
University of Iceland |
Business Administration |
M.Sc. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
University of Iceland |
Business Administration |
Ph.D. |
Master's degree in related field, research proposal, proficiency in English (TOEFL/IELTS), academic transcripts, CV, recommendation letters |
|
University of Iceland |
Economics |
B.Sc. |
High school diploma or equivalent, proficiency in English (TOEFL/IELTS), entrance examination |
|
University of Iceland |
Economics |
M.Sc. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
University of Iceland |
Economics |
Ph.D. |
Master's degree in related field, research proposal, proficiency in English (TOEFL/IELTS), academic transcripts, CV, recommendation letters |
|
Reykjavik University |
Business Administration |
B.Sc. |
High school diploma or equivalent, proficiency in English (TOEFL/IELTS), entrance examination |
|
Reykjavik University |
Corporate Finance |
M.Sc. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
Reykjavik University |
Marketing |
M.Sc. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
Reykjavik University |
Strategic Management |
M.Sc. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
Reykjavik University |
Business Administration |
Ph.D. |
Master's degree in related field, research proposal, proficiency in English (TOEFL/IELTS), academic transcripts, CV, recommendation letters |
|
Reykjavik University |
Economics |
B.Sc. |
High school diploma or equivalent, proficiency in English (TOEFL/IELTS), entrance examination |
|
Reykjavik University |
Economics |
M.Sc. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
Reykjavik University |
Economics |
Ph.D. |
Master's degree in related field, research proposal, proficiency in English (TOEFL/IELTS), academic transcripts, CV, recommendation letters |
|
Bifröst University |
Business Administration |
B.A. |
High school diploma or equivalent, proficiency in English (TOEFL/IELTS), entrance examination |
|
Bifröst University |
Business Administration (MBA) |
M.B.A. |
Bachelor's degree in any field, proficiency in English (TOEFL/IELTS), work experience, academic transcripts, CV, statement of purpose, recommendation letters |
|
Bifröst University |
International Business and Marketing |
M.A. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
Bifröst University |
Leadership and Management |
M.A. |
Bachelor's degree in related field, proficiency in English (TOEFL/IELTS), academic transcripts, CV, statement of purpose, recommendation letters |
|
Bifröst University |
Diploma in Business Studies |
Diploma |
High school diploma or equivalent, proficiency in English (TOEFL/IELTS) |
University |
Scholarship Name |
Eligibility Criteria |
Amount (USD) |
Application Requirements |
|---|---|---|---|---|
|
University of Iceland |
Icelandic Government Scholarships |
Open to international students, academic merit, proficiency in Icelandic or English |
Varies (covers tuition and partial living expenses) |
Application form, academic transcripts, CV, letters of recommendation, study plan, proficiency in Icelandic or English |
|
University of Iceland |
Eimskip University Fund |
Open to all students, academic excellence, financial need |
Varies |
Application form, academic transcripts, statement of purpose, financial need statement |
|
Reykjavik University |
Reykjavik University Excellence Scholarship |
Open to international students, academic excellence, high GPA |
Up to 50% of tuition fee |
Application form, academic transcripts, CV, personal statement |
|
Reykjavik University |
Future Leaders Scholarship |
Open to international students, leadership potential, academic excellence |
Up to 50% of tuition fee |
Application form, academic transcripts, CV, personal statement, letters of recommendation |
|
Bifröst University |
Bifröst University Scholarships |
Open to all students, academic excellence, financial need |
Varies (covers partial tuition) |
Application form, academic transcripts, financial need statement, personal statement |
|
Bifröst University |
Nordic Scholarship for International Students |
Open to students from Nordic countries, academic excellence, financial need |
Varies (covers partial tuition) |
Application form, academic transcripts, financial need statement, personal statement |
|
Bifröst University |
Erasmus+ Scholarships |
Open to all students enrolled in a study program, for studying abroad in Europe |
Varies |
Application form, academic transcripts, acceptance letter from host institution, learning agreement |
|
Reykjavik University |
Sports Scholarships |
Open to student-athletes, academic merit, athletic performance |
Varies (covers partial tuition) |
Application form, academic transcripts, CV, athletic achievements, personal statement |
Job Title |
Industry |
Average Salary (USD) |
Job Responsibilities |
|---|---|---|---|
|
Financial Analyst |
Finance |
$50,000 - $70,000 |
Analyzing financial data, preparing reports, forecasting economic trends, advising on investments |
|
Marketing Manager |
Marketing/Advertising |
$60,000 - $85,000 |
Developing marketing strategies, overseeing campaigns, analyzing market trends, managing budgets |
|
Human Resources Manager |
Human Resources |
$55,000 - $80,000 |
Recruiting, training, employee relations, compliance with labor laws |
|
Business Consultant |
Consulting |
$60,000 - $90,000 |
Analyzing business practices, providing solutions, improving efficiency and profitability |
|
Project Manager |
Various |
$55,000 - $75,000 |
Planning, executing, and closing projects, managing teams, ensuring project goals are met |
|
Economist |
Research/Academia |
$50,000 - $70,000 |
Conducting research, analyzing data, advising on economic policies, writing reports |
|
Account Manager |
Sales/Client Relations |
$50,000 - $70,000 |
Managing client accounts, building relationships, ensuring client satisfaction, upselling services |
|
Operations Manager |
Operations/Manufacturing |
$60,000 - $80,000 |
Overseeing production processes, improving operational efficiency, managing budgets |
|
Investment Banker |
Banking/Finance |
$70,000 - $100,000 |
Advising on mergers and acquisitions, raising capital, managing investment portfolios |
|
Data Analyst |
Various |
$50,000 - $70,000 |
Analyzing data sets, preparing reports, identifying trends, supporting decision-making |
