2 Best Business Schools in Iceland

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With large glaciers and active volcanoes, Iceland is known throughout the world for its contrasting landscapes, extreme weather, and breath-taking natural wonders. Iceland promises a once-in-a-lifetime experience for visitors, and it is the dream destination for those seeking adventures, relaxation, and good education.

Being a progressive country, Iceland offers an excellent education at little to no cost. Iceland was ranked as the third most literate country in a study done in 2016, and all its public schools are free for both locals and international students. With internationally recognized institutions and free tuition, Iceland is an ideal location for getting a degree in any subject. In this article, top business schools in Iceland will be introduced.

Best Business Schools in Iceland

1. Department of Business Administration at Reykjavik University (RU)

  • Department of Business Administration Page
  • Degrees offered: Bachelor’s degree, master’s degree, MBA, Ph.D.
  • Language of instruction: Bachelor’s degree (Icelandic), master’s degree (English, Icelandic), MBA (English), Ph.D. (English)

The first recommendation is the Department of Business Administration at Reykjavik University (RU), which is the best business school in Iceland. The department provides an international experience for its students and delivers all programs above the graduate level in English. The Department’s MBA program is Iceland’s first to be accredited by AMBA, an accreditation association that places importance on the quality of academics, programs, and students.

The department takes the quality of its course seriously. To ensure the courses sustain and improve their quality, the Quality Council meets every two weeks to detect issues and discuss reports made by students. The department also places a high value on academic excellence. With over 50% of its faculty having Ph.D. degrees, students learn from experts directly. Having a close relationship with businesses, professionals from partner companies are hired to teach, and internships provide opportunities to gain real-world experience.

With its applied approach based on academic learning, a degree from the Department of Business and Administration of Reykjavik University guarantees outstanding performance and competitiveness in the international job market.

2. Faculty of Business Administration at the University of Iceland

  • Faculty of Business Administration Page
  • Degrees offered: Bachelor’s degree, master’s degree, Ph.D.
  • Language of instruction: Bachelor’s degree (Icelandic), master’s degree (Icelandic), Ph.D. (English, Icelandic)

Being Iceland’s oldest and largest business school, the Faculty of Business Administration at the University of Iceland has been delivering excellence and training future leaders ever since 1938. With most of its programs in Icelandic, enrolling at this top business school in Iceland comes with an exciting opportunity to learn a new language. For international students, there are courses offered in English in this faculty and foreign language programs to help with learning Icelandic.

This faculty is a member of the NFF (Nordic Academy of Management), which strives for the advancement of Scandinavian countries’ management research, education, and practice. Being a leading university in this field, this faculty continues to expand the number of its faculty by recruiting world-class researchers and educators of business studies.

Having been a leader of education and research in the field of business studies for over 70 years, graduates can surely benefit from being a student in the Faculty of Business Administration at the University of Iceland.

 

I hope that this article was helpful. If you are interested, visit the Europe Scholarships Page.