Graduate courses at RU School of Business now 14 months instead of two years


Graduate studies at RU School of Business will from next autumn take 14 months to complete instead of two years. This is made possible with the addition of a summer semester. The School of Business has also launched two new gradaute courses: Innovation Management and Tourism and Hospitality Management. The graduate courses in Business Administration (MBA) and Clinical Psychology remain two-year programmes.

"The School of Business wants to make graduate study a realistic option for people who do not want to leave the job market for too long. To be able to finish in just over a year will make it easier for prospective students to take the step towards graduate study. Finishing over a longer period of time, with work, will also be a possibility," says Dr. Páll Melsted Ríkharðsson, Dean of RU School of Business.

"These changes are in fact in accordance with RU policy. Our mission is to prepare students for future jobs and the fourth industrial revolution. Our society, here in Iceland and around the world, expects lifelong learning. We are simply reacting to this."

Tourism and Hospitality Management and Innovation Management

Applications are now open for a new graduate course taught by resident RU School of Business faculty and guest lecturers from The University of Southern Maine (USM) School of Business. The course is titled Tourism and Hospitality Management. Also an addition is the course in Innovation Management, where RU draws upon its many years of experience teaching innovation. "It is necessary to educate people to address changes in a creative way. The jobs we know today will not be there in a few years or decades. Companies must be changing constantly," says Dr. Ríkharðsson.

By bringing about a new structure, RU School of Business is developing in the same way as business schools in Europe and the United States. The new structure should appeal to international students whose number increases year by year. "We have much to offer international students. The tuition fees are relatively low and the quality of teaching is very good, we both have our resident faculty and a good number of international guest lecturers. We can therefore compete with other business schools anywhere in the world and this change will give us an even bigger advantage."

14-month graduate courses at RU School of Business