Programme Overview
The Master of Science in International Business (M.Sc. IB) is an officially accredited university degree (120 ECTS credits) in Iceland. The M.Sc. IB degree can be obtained in two years. Courses are offered in a very time-conscious manner, allowing students who wish to remain employed an opportunity to do so while pursuing their studies. Each course in the programme is designed to foster a dynamic interaction among students and professors in order to promote a healthy and rich learning environment. This environment not only helps students develop a knowledge base and set of professional skills, but also provides a firm foundation for advanced academic study (in PhD programmes in Iceland or abroad) or for entering the global marketplace. At the core of the learning environment is the curriculum, which provides a foundation in international business and concentrations in global business management, business culture and ethics, intercultural communication, marketing, finance, and languages.
In addition, the M.Sc. in International Business programme at Reykjavik University offers students an excellent opportunity to explore the world and prepare for the challenges that international business graduates are faced with in our ever-changing business world – namely, the ability to effectively interact with people and organisations in other countries and cultures. One of the key features of the programme, therefore, is a semester abroad. In their third semester of study, each student is required to spend one semester abroad either studying at one of our partner universities or working (internship) at one of our partner companies worldwide.
Programme Structure (subject to modifications)
1. First Semester:
|
Subject |
Type |
ECTS |
|
Language Courses |
Elective |
6 |
|
Business and Markets in Asia |
Core |
6 |
|
International Finance |
Core |
6 |
|
International Business: Management and Strategy |
Core |
6 |
|
International Entrepreneurship and New Venture Creation |
Elective |
6 |
|
International Marketing |
Core |
6 |
2. Second Semester:
| Subject | Type | ECTS |
| Language Courses | Elective | 6 |
| Cross-cultural Communication and Negotiations | Core | 6 |
| Market Research | Core | 6 |
| International Business Law | Elective | 6 |
| Business and Markets in Europe | Core | 6 |
| HRM and Leadership in International Context | Core | 6 |
| Electives from other programmes (if desired) |
3. Third Semester:
SEMESTER ABROAD: 24 ECTS for studies/internship abroad plus 6 ECTS for the Master's thesis (30 ECTS in total).
4. Fourth Semester:
| Subject | Type | ECTS |
| Language Courses | Elective | 6 |
| The Global Economy | Elective | 6 |
| Innovation and Sustainability in International Business | Elective | 6 |
| Master's Thesis | 24 |