"The quality of the teachers is exceptional"

The RU MBA teachers come from 14 universities from 7 countries • 13 courses out of 17 are taught by visiting international scholars • 80% of class-time is taught by visiting international scholars and experts • Faculty is gender balanced • Courses are also taught by industry experts. 


Modern & advanced teaching methods

As an MBA student you: 

Work with real business cases • Are presented with numerous company projects • Finish simulations • Practice your networking • Complete individual assignments • Receive honest feedback from experts • Get personal coaching

An international outlook

The diversity of the teaching faculty is a guiding light in the program, with teachers coming from leading universities in Canada, USA, South America, Iceland, Scandinavia, UK, and Spain, which brings the global perspective into the classroom. 

London Business School • IESE Business School • BI Norwegian Business School • University of British Columbia • University of Toronto • Idaho State University • ESE Business School, Universidad de los Andes • Rotman School of Management • Reykjavik University • European Free Trade Association EFTA • Marel • MITdesignX

Meet the team

Our diverse teaching faculty is made up of Icelandic and international academic professors and experts with PhD from the world's most prestigious educational institutions. They are committed to excellence in their teaching, research, consulting and professional roles.


Aðalsteinn Leifsson: Effective Negotiation

The State Conciliation and Mediation Officer (ríkissáttasemjari) and assistant professor at RU

Aðalsteinn was a counselor at the Delegation of the European Commission to Iceland and Norway, stationed in Oslo, served as an officer at EFTA and as a special advisor in the Icelandic Ministry for Foreign Affairs. He has lectured on Negotiations in MBA, MSc and LL.M. programs. 

Adalsteinn was the Chairman of the Board of Directors of the Icelandic Financial Supervisory Authority and has been a Director in EFTA since 2014 in Geneva/Brussels, and been called upon to assist the Icelandic State Mediator in labor conflicts since 2019. Adalsteinn has a BS degree in Political Science from the University of Iceland, an MS in European Studies from the London School of Economics and Political Science (LSE) and an MBA from Edinburgh Business School. Since 2016 Adalsteinn has pursued doctoral studies at Grenoble Ecole de Management alongside his work for EFTA. 

Ann Armstrong

Ann Armstrong: Organizational Behaviour

Professor, Rotman School of Management, Canada

Ann teaches at the undergraduate, graduate, and executive levels in Canada and abroad. As well, Ann serves as the Academic Director of a program for Internationally Educated Professionals who have come recently to Canada and of a program that links graduate students with non-profit boards.

In addition to co-authoring two books with Nelson Education, Ann has co-authored two books on the social economy of Canada and the United States with the University of Toronto Press. She has written articles on a variety of subjects from greening curricula to measuring impact in the social economy.

Ann Armstrong received her PhD from the Rotman School of Management. Her thesis examined, in a variety of organizations, several compensation systems innovations that help to re-inforce team structures. Since then, her research has focused on the structures of and dynamics in social enterprises and other innovative organizational designs.

Carlos Rodriguez-Llusema

Carlos Rodriguez-Llusema: Leadership and Change

Associate Professor of Managing People in Organizations, IESE Business School

Prof. Rodriguez-Lluesma has held various teaching and research assistantships at Stanford University, and has held the position of lecturer at IESE Business School and the University of Navarra. He has also gathered valuable hands-on experience as a freelance consultant in such industries as financial services, biotechnology, consumer goods and management consulting. He also serves as an advisor to a political consulting start-up in Silicon Valley.


Prof. Rodriguez-Lluesma holds a Ph.D. in Organizations from Stanford University. He earned a first Ph.D. in philosophy from the University of Navarra and an MBA from IESE Business School.

More info: Carlos Rodriguez-Llusema at IESE

Edi Soler

Edi Soler: Managerial Accounting

Lecturer, IESE Business School

Edi Soler is full-time lecturer in the Accounting & Control Department at IESE Business School (University of Navarra). He is Ph.D. in Business Administration (Accounting) from Universitat Politècnica de Catalunya, Executive MBA from IESE Business School, and BSc. in Industrial Engineering from Universitat Politècnica de Catalunya.

His research and academic interests focus on product and customer profitability, pricing policies, cost systems, management control systems and earnings management. He has carried out consulting projects related to management accounting and control systems, and has interned as financial analyst at a few companies in Spain. He accumulates over 10 years of experience in the management of educational institutions and over 4 years in the energy supply industry, as CFO at Holaluz. He teaches classes in financial accounting, managerial accounting, management control, analysis of business problems and other courses at graduate and executive programs in Spain and abroad.

More info: Edi Soler at IESE 

Eric Weber




Eric Weber: Strategic Decision Making

Associate dean of IESE Business School and professor of accounting and control

Eric is a member of both the Executive Committee of IESE and the Harvard Business School – IESE Advisory Committee.

He has formerly served as the associate dean for the MBA program, as the associate dean for Executive Education and Executive MBA Programs, and as the academic director for the Global Executive MBA program.

Dr. Weber earned his Ph.D. in Management (Accounting and Information Systems) from the Kellogg Graduate School of Management, Northwestern University, USA, and his MBA from IESE. He also holds a degree in mechanical engineering from the Universidad Simón Bolivar, in Venezuela.

More info: Eric Weber at IESE 

Svafa Grönfeldt

Svafa Grönfeldt: Final Project

Senior Advisor to the Dean at MIT School of Architecture and Planning, Chair of MIT DesignX

Dr. Svafa Grönfeldt is a venture designer and entrepreneur who has built parallel careers in academia and industry. She serves as Senior Advisor to the Dean at the Massachusetts Institute of Technology SA+P. She is a founding member of MIT's newest innovation accelerator DesignX and a co-founder of the MET fund, a Cambridge based seed investment fund.

With over 25 years of leadership experience, Svafa currently serves on three NASDAQ OMX listed Board of Directors: Ossur, Icelandair and Origo. Previous positions include Chief Organizational Development Officer of Alvogen, an international life science company, President of Reykjavik University, and deputy to the CEO of Actavis Group an international generic pharmaceutical company.

Svafa holds a PhD from the London School of Economics. She completed the Design Discovery program at Harvard GSD and studied architectural history and design at the Academy of Art University.

Gísli Marteinn Baldvinsson

Gísli Marteinn Baldursson: Personal & Professional Development

Part-time Lecturer at RU and television host

For more than 30 years Gísli Marteinn Baldursson has studied public speaking. He has held numerous courses and seminars for schools, institutions and companies on public speaking and media relations.

Gísli Marteinn is an award winning television talk show host who has been working in TV for over two decades. After starting out as a news reporter in 1997 he soon moved on to form and host a new daily current affairs show, Kastljósið, that is still running to this day. Apart from that Gísli Marteinn hosted "Saturday night with Gísli Marteinn" a talk show with celebrity guest, "Sunday morning with Gísli Marteinn" a Sunday morning news show and now "The Week with Gísli Marteinn" that is on its fifth season.

During a 8 year break from television Gísli Marteinn served as a city councillor on Reykjavik City Council. As such he was the chairman of the environment and transport committee, he was also member of the steering committee that wrote a new General masterplan for Reykjavik, and was member of the international jury for new plan for Vatnsmýri.

Gísli Marteinn was a Loeb Fellow at Harvard Graduate School of Design, he has an MSc in The City from Edinburgh University and a a BA in political science from the University of Iceland. 

Ketill Berg Magnússon

Ketill Berg Magnússon: Responsible Leadership

Lecturer at RU Department of Business and HR Manager at Marel Iceland

Ketill is a member of the International Advisory Board for Kozminski University School of Law, Poland.

Former roles include being a Managing Director for Festa - Icelandic Center for Corporate Social Responsibility, VP of Human Capital at Iceland Telecom, and Chairman of Almannaheill - Icelandic Association of Non-Profit Organzatons.

Ketill Berg gained his MA degree in philosophy and business ethics at the University of Saskatchewan in Canada and MBA from ESADE in Spain.


Heimir Örn Herbertsson

Heimir Örn Herbertsson: Business Law

Senior Specialist at RU Law School and Supreme Court Attorney

Heimir is chairman of the Educational Board at RU Law School. He is currently also the chairman of the Higher Electoral Board of the constituent of Reykjavik.

Heimir is chairman of the Licence Tribunal of the Icelandic Football Association and a former board member of the Icelandic Bar Association. He was formerly a senior partner (and managing partner) at Lex Law Offices.

Heimir holds a Cand.Jur degree from the University of Iceland. He specializes in the fields of Competition Law, Civil Law and Litigation. 

 Kristín Friðgeirsdóttir

Kristin Fridgeirsdottir: Data Analytics for Management

Adjunct Professor in Management Science and Operations at London Business School

Kristin teaches Strategic Decision Making, Data Analytics, and Big Data at London Business School and internationally. Kristin has received several awards for her teaching. She specializes in decision making and focuses on decision making under uncertainty and decision making with support of data. Kristin's academic work has been presented in top ranked universities, at leading international conferences, and published in top international journals.

Kristin holds non-executive directorship positions at several companies and has extensive consulting experience in different industries, and as a non-executive director she has lead effective decision making and strategy work, corporate governance, acquisitions, shareholder relations, competition compliance and other board responsibilities.

Kristin has been a faculty at London Business School since 2002. She is an award-winning teacher and researcher and holds a PhD from the Management Science and Engineering Department at Stanford University.

Magnús Orri Schram

Magnús Orri Schram: Final Project

Entrepreneur & consultant

Magnus Orri Schram has worked in his own startups, media, international sales, marketing, strategy consultancy, and was a member of Parliament 2009-2013, where he acted as party chairman (chief whip). Magnús has been lecturer in entrepreneurship at RU, consultant and board member of various start-ups and was chosen the mentor of the year in Start Up Tourism accelerator in 2019.

He is a founder and CEO of Highland Baths, a destination project in Þjórsárdalur Valley in Iceland, scheduled to open in 2024.

Magnús holds a BA degree in Modern History from University of Iceland and MBA from Reykjavik University. Magnús has written two scholarly articles on entrepreneurship and in 2012 wrote a book/ a political manifesto named "We stand at a crossroads".

Natalia Yankovic

Natalia Yankovic: Operation Management

Associate Professor at ESE Business School

Natalia Yankovic is an associate professor of operations management at ESE Business School, Universidad de los Andes. She holds a degree in Industrial Engineering, University of Chile, and a Ph.D. in Decision, Risk and Operations from Columbia University.

She has extensive experience teaching core operations management and service management courses for MBA programs (IESE, ESE and Reykjavik University), and executive education and in company programs.

She has done consulting work for different industries, with a focus on the operations strategy business coherence, and has developed case studies based on her experience. An expert in stochastic modeling, her research focuses on improving healthcare delivery efficiency and effectiveness using operational approaches. Her areas of interest are service operations, operations strategy, healthcare delivery, and stochastic modeling.

More info: Natalia Yankovic at ESE Business School

 Lori Riznek




Lori Riznek: Human Resource Management

Associate Professor at University of Toronto, Canada

More info: Lori Riznek at University of Toronto

Friðrik Már Baldursson

Friðrik Már Baldursson: Managerial Economics

Professor at RU

More info: Friðrik Már Baldursson at RU

 Valdimar Sigurðsson

Valdimar Sigurðsson: Marketing Management

Professor at RU Department of Business

Prof. Valdimar Sigurðsson did his Ph.D. at Cardiff University. He is the head of marketing at the Department of Business Administration of RU and the director for the Centre for Research in Marketing and Consumer Psychology (CRMC). He chairs the Professional Program in Digital Marketing at Reykjavik's Open University.

Valdimar has published over 50 peer-reviewed articles, commentaries and book chapters in such outlets as Journal of Business Research, Computers in Human Behavior, Marketing Theory, Behavioral and Brain Sciences and Journal of Retailing and Consumer Services and currently sits on the editorial board of Perspectives on Behavior Science and the Psychological Record.

More info:

Google Scholar

Research Gate

Robert Gregory

Robert Wayne Gregory: Competing in the Digital Age

Associate Professor of Commerce, University of Virginia, McIntire School of Commerce

Professor Gregory received a PhD from Goethe University Frankfurt, Germany. Professor Gregory's research focuses on novel phenomena related to digital innovation and the transformation of incumbent firms in the context of digital business strategy.

Professor Gregory joined McIntire in 2019. Previously, he was an Assistant Professor of Information Systems at IESE Business School (Spain), where he taught digital innovation and transformation across the MBA and international executive levels.

More info: https://www.commerce.virginia.edu/faculty/gregory

Steve Byers

Steve Byers: Corporate Finance

Professor of Finance, Idaho State University

Dr. Byers received his Ph.D. in Finance from Texas A&M University. He also holds a degree in mathematics and an MBA in Finance, both from Indiana University.

His research has been published in academic journals such as Journal of Money, Credit, and Banking, Journal of Corporate Finance, Applied Economics, European Business Review, and Applied Financial Economics. Steve has corporate finance experience with NCR Corporation and Bristol-Myers. He also served in the U.S. Navy as a nuclear submarine officer.

Qyvind Kvalnes

Qyvind Kvalnes: Responsible Leadership

Associate Professor, BI: Norwegian Business School

The philosopher Øyvind Kvalnes is an associate professor at the Department of Leadership and Organizational Management, BI Norwegian School of Management. He is an experienced facilitator, lecturer and researcher.

In 1998 he defended his PHD-thesis entitled “Living with Moral Luck”. For ten years he was the CEO of Humanistisk Akademi in Oslo, a small unit of philosophical consultants. He has written three books on practical philosophy in the workplace. His main interests outside academia is family, football and music.

Research areas: Human flourishing and fallibility, ethics, communication, personal integrity, organizational identity, self-determination and autonomy, wisdom in leadership

More info: Qyvind Kvalnes at BI

Þóranna Jónsdóttir

Þóranna Jónsdóttir: Final Project

Lecturer at RU and advisor

Þóranna is the former executive director of operations for Reykjavik University and has been an executive manager at Auður Capital hf., Vistor, Lyf og heilsa, and other leading companies. She is the former Chair of RU´s Department of Business Administration.

Þóranna received her MBA from IESE in Barcelona in 1998, and her PhD at Cranfield University in 2010 in the field of Corporate Governance. 


Hulda Dóra Styrmisdóttir: Personal & Professional Development 

John Steen

John Steen: Competitive Strategy

Associate Professor at EY, Distinguished Scholar at the University of British Columbia

Hulda Bjarnadóttir




Hulda Bjarnadóttir: Personal & Professional Development

Global Engagament and Culture Manager at Marel

Rakel Heiðmarsdóttir

Rakel Heiðmarsdóttir: Personal & Professional Development

Consultant, teacher, trainer, executive coach. 

Ph.D. Counselling Psychology, The University of Texas at Austin, including 12 month long predoc research internship at UC Berkeley.


  • 2017- Consultation, teaching, training and executive coaching at own consulting service (Inventus ehf & Birki ráðgjöf ehf)
  • 2013-2017 Director of Human Resources – Blue Lagoon
  • 2005-2012 Director of Human Resources – Century Almuninum (Norðurál)
  • 2003-2005 Human Resources Consulting – City of Reykjavík
  • 2002-2003 Independent executive and HR consulting and executive coaching

Elísabet Halldórsdóttir MBA 2019


“The quality of the teachers is exceptional and from day one I was given instruments to use in my job to make me a better leader. We were given different cases and projects where a challenge or situation was analysed and given the tools needed to work through them or solve them.” 


Elísabet Halldórsdóttir, MBA 2019 

Director of Information Technology, Icelandair.


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