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MBA – (MBA)
Reykjavik University
School of Business
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| Application Deadline: | May 1st for admission to Fall Semester | ||
| Annual Tuition Fee: | ≈ € 10,145 - | ||
| Location: | Reykjavik / Iceland / View location on map ▾ Hide location on map ▴ | ||
| Duration: | 24 months | Start Date: | August |
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| Education Variants: |
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| Credits (ECTS): | 90 | ||
| Languages: | English | ||
Location of Reykjavik University
The Reykjavík University MBA is an intensive two-year executive programme. Participants receive rigorous training in all aspects of business administration, ranging from accounting to finance to strategy and human resource management.
Additionally, there is a great deal of emphasis on developing the personal capabilities of participants to make them more effective at leading and influencing people around them.
About the RU MBA
- The MBA at RU is an Executive MBA programme tailored around people who are working.
- All classes are conducted in English.
- Classes take place in the form of compressed modules from Thursday to Saturday every other weekend.
- Most core courses are held during two weekends, and the assessment is done at the end of the module. Therefore there are no final exams in December and May.
- Teaching is every other Thursday from 13:00-18:00, Friday 8:30-17:00 and Saturday 8:30-17:00.
- The Fall semester is from middle of August to middle of December.
- The Spring semester is from early January to early May.
- First year students have the option of attending preparatory courses before commencing the study to get themselves ready.
- Students should plan for at least 30 hours per week on average for studying and attending classes.
- Assessment is based on individual and group projects, class participation, case studies, exams and team evaluations.
The strength of the Reykjavík University MBA (RU MBA) programme lies in the exceptional quality of both faculty and students, the international nature of the programme, a dynamic learning environment, and strong ties with the business community.
What an MBA degree will do for you:
- Develop an excellent portfolio of business knowledge and skills
- Improve your personal skills, especially in communication and teamwork
- Help you learn from a group of fellow students with very diverse backgrounds
- Assist you in building your own network of colleagues, including MBA Alumni
During your study you will discover that not only are you ready for change, but change is ready for you in the form of a wider range of career opportunities.
During your MBA studies at Reykjavík University you will:
- Work with outstanding teachers, recognized experts in their respective fields that fly in from all over the world
- Strengthen your international perspective
- Gain extensive experience through different teaching methods and active participation in classes
- Succeed in your personal development, working on the very skills that help you to lead and innovate
- Create value for your company by putting to work new experience and skills that you acquire from day one.
By taking an MBA you are investing in yourself and giving yourself a strong competitive advantage.
Contents
First year
The eight core courses in the first year develop critical management skills and the core functional skills which form the pillars of operating a business enterprise. During the first year you will develop essential business knowledge that provides a solid foundation for your future in management in a global business environment. This foundation and knowledge will give you the perspective and balance to lead effectively.
Second year
In addition to core courses in the second year, participants have the opportunity to choose between electives from the disciplines offered. MBA students have the option of selecting electives in other Master programmes within RU. The electives give you a chance to broaden your experience and perspective or expand your knowledge in a specific area. A mandatory final group project is to be completed in the last semester. Elective offerings are subject to change.
International electives in the second year
A semester in Shanghai and Madrid MBA students can apply for a semester abroad during their third semester. The seats are limited and can vary from year to year. In recent years, MBA students have attended outstanding Business Schools like CEIBS (www.ceibs.edu) in Shanghai that is consistently ranked as the best business school in Asia. MBA students have also attended semesters at Instituto de Empresa, which consistently ranks among the top 10 European business schools. Taking an exchange semester represents a great opportunity for RU MBA students to gain a thorough insight into new markets
Leadership RoundTab les with Dr. Henry Mintzberg
The RU MBA is a member of a consortium of universities that have partnered to create a highly interactive, action oriented leadership course on “getting it done”. The project is called the “Leadership RoundTables” and is designed, organised and conducted by Professor Henry Mintzberg (McGill University) and Jonathan Gosling (Exeter). This programme, which is conducted each year, is open to a group of students from the RU MBA, McGill (Canada), Exeter University (UK), Egade (Mexico), IE DC (Slovenia), and a few other universities. Participating in this programme is a unique learning and networking opportunity for RU MBAs.
- The MBA Program begins with an intensive three-day seminar that emphasis teambuilding and leadership, while providing students with a practical insight into the program ahead.
- Students who lack experience in the basics of math and accounting are required to attend preparatory seminars on those topics prior to the start of the program.
You are normally required to take an English Proficiency Test if you come from a non-English speaking country.
Most European Universities recognise the IELTS test.
More informationGRE® revised General Test
GRE Scores are accepted at business schools worldwide. Learn more and register.
Register Now!Requirements
- Undergraduate degree
- Work Experience (at least 3-5 years)
- Good command of the English language
All applicants must submit an electronic application and attach the required accompanying documents.
Required Documents with application
- Curriculum Vitae with picture (CV)
- Official Transcripts of diplomas
- Two personal statements:
1. Why do you want to pursue an MBA (up to 500 words)?
2. Discuss your short term and long term goals post MBA. (up to 500 words) - Two letters of recommendation from individuals who can assess the applicant's abilities to participate successfully in the MBA programme.
The letters can be in either Icelandic or English. Letters of Reccomendations shall be submitted directly to Reykjavik University in a sealed envelope.
Additional Requirements
| Minimal degree required: | Bachelor's degree |
| Minimal amount of work experience | 3 years |
Accreditation
RU MBA is fully accredited by Association of MBAs (AMBA).
Interested? Request information!
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