University of Akureyri

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M.Sc. in Business Administration

A 120 ECTS research based graduate study programme in business administration for the M.S. degree is offered. The programme differs in many aspects from the study programme to a BS degree. The study programme is individually defined so that each student follows his/hers own programme designed to fit his/her needs and the student‘s research project. Among the first tasks of the student is to select in close cooperation with his/her supervisor appropriate courses out of the curricula offered by UNAK and cooperating institutions. The masters study committee of the School of Business and Science is responsible for the quality assurance of each individual study programme.
The programme encompasses a 60 to 90 ECTC master‘s research project and 30-60 ECTS selected courses. The minimum course requirement is 30 ECTS including at least 10 ECTS in research methodology. Other courses can be taken at UNAK or cooperating institutions. It will also be possible to take literature courses as agreed with the supervisor and the masters study committee.. Further information is to be found in the Handbook for Master´s Degree Studies.

Admission Requirements
The general requirement of applicants is the completion of a B.Sc. degree in business studies at a recognised university, normally with a first class grade. Work experience will also be a factor when selecting students for the programme. Graduates in fisheries science, who have completed four year B.Sc. studies, can also gain access to the programme. Those who have completed a Baccalaureate programme in another field of study are required to have completed 66 ECTS of core subject courses in business studies in order to be able to embark upon a Master’s programme in Business Administration at the faculty.

The Research Project
The masters research project constitutes the major part of the study and equals either 60 or 90 ECTS. The student carries out his/her project under the supervision of one of the teachers at the university and one or two advisory specialists, preferably externale will also be linked to the project, securing the international quality requirements for the project. The project is finalised with an open defence of the master‘s thesis, normally written in English.

Cooperating Institutions
UNAK cooperates among others with the University of Iceland, The UNAK Research centre and The Icelandic Tourism Research Centre.

International Links
Master‘s students in business administration normally take part of their studies with other cooperating universities and institutions, preferably through a study or working period with a recognised research centre in field s related to the research project. Also courses can be taken at universities abroad. These arrangements secures that the student gets access to the international science society.

Enrolment Fee and Other Costs
The students pay the enrolment fee for each academic year. Students assume all direct costs relating to their studies, including visits to companies, study trips, book expenses etc.


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Háskólinn á Akureyri
Blar Gulur Hvitur
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Saša Skutnik, Slovenia

„I've had the opportunity to experience Icelandic educational system at UNAK. In comparison UNAK stands out with the most professional instruction methods “

Saša Skutnik, Slovenia Exchange student
moya - Útgáfa 1.13 2009 - Stefna ehf