Reykjavik University has received international accreditation for the MBA programme offered by its School of Business. This is the first time that a business programme in Iceland receives accreditation of this kind.

The accreditation certifies that the MBA programme at Reykjavik University is in the top three percent in terms of the quality among approximately 6000 MBA programmes offered worldwide. The accreditation is granted by the Association of MBAs (AMBA) which is among the most respected associations of its kind in the world.

High demands are made of universities which receive the AMBA accreditation, and the Association has conducted assessments of many of the best business schools around the world. Among them are the Business School of Oxford University and London Business School in the UK, IESE and ESADE in Spain, INSEAD and HEC in France, CBS in Copenhagen, and IMD in Switzerland. Only around 5% of the programmes which seek accreditation from AMBA receive one. Since the establishment of the MBA programme at RU, one of the main goals of the programme management has been to work with the best MBA programmes worldwide, for example, by getting outstanding instructors and academics from the world's foremost universities to participate in teaching.

Ari Kristinn Jónsson, Rector of Reykjavik University: “Reykjavik University works to ensure that the quality of its teaching and research meets international standards. Our goal has always been to graduate MBA students who can make practical use of the international knowledge and methodology of the programme in Icelandic industry and society. The AMBA accreditation of the MBA programme shows how good and dynamic, on an international scale, university programmes developed in Iceland can be when quality is the guiding principle.”

Friðrik Már Baldursson, Dean of the RU School of Business: “The AMBA accreditation confirms that MBA graduates from RU have completed an internationally recognised programme of the highest quality, which strengthens their position in the job market both domestically and abroad. An international accreditation also provides the School of Business with an opportunity to increase the number of international students studying at RU and in that way, strengthen the School of Business, the MBA programme, and Reykjavik University”.