Reykjavik University's department of Business Administration. has the mission to create, disseminate and apply knowledge to enhance the competitiveness and quality of life for individuals, organisations and society, guided by good ethics, sustainability and responsibility. Combining outstanding teaching, research excellence, industry relations, great people and ambition, the school is an internationally accredited school of business. The student body consists of approximately 600 undergraduates and 300 graduate students. 

About RU department of Business Administration

Undergraduate, graduate, and PhD

At present, the department offers an EFMD accredited Business Administration (BSc) and eight different Master's level degrees on subtopics of business administration, an AMBA accredited MBA programme and PhD in business administration.


Logo of AMBA





International experience

RU business programmes emphasise an applied approach with a firm academic foundation. Among lecturers are professionals from affiliated industries. This close collaboration with business and industry, practical projects and internships give our students a competitive advantage in the labour market. Furthermore, out of the 120 courses being offered in our programmes, about a third are being taught by visiting faculty from well-renowned international universities. The department of Business Administration emphasises quality of teaching, innovation, international scope and good relations to students. When students graduate they have a robust theoretical foundation, specialised skills and competencies as well as a strong sense of initiative. 

  • The Dean of School of Social Sciences is Dr. Ragnhildur Helgadóttir.
  • Administrative Director is Hrund Steingrímsdóttir 

 Further information about the department can be found by contacting the faculty members. 

Boards and Councils

Departments chair 

The Departments chair of the department of Business Administration is appointed by the President of Reykjavik University following the recommendations of a selection committee. The Dean is responsible for the academic and financial performance of the department. In addition to being responsible for strategy formulation and implementation, as well as other matters detailed in the RU Charter, the Dean is responsible for quality assurance and internal and external reviews. The Dean has the final decision-making power in matters related to students' rights and responsibilities.

Faculty Council

The department of Business Administration Faculty Council consists of the Dean, chairs of research and programme councils, Programme Directors and other relevant members appointed by the Dean. The Faculty Council shall discuss all major matters concerning administration, teaching and research and shall approve of all amendments to rules and regulations within the department as well as proposals for new programmes or major programme revisions.

Programme Director

The Programme Director for each programme within the department of Business Administration is appointed by the Dean and is responsible for the daily management of the programme, its development and quality assurance as well as assigning teachers to courses. The Programme Director is a member and chair of the Programme Council.

Programme Council

The Programme Council for each programme within the department of Business Administration consists of the Programme Director and two full-time faculty members appointed by the Dean. The Programme Council ensures the quality of the study programme and sets its policies. The Programme Council is responsible for student admissions, development of study material, course structure, final project arrangements and any irregular student issues that arise.

Quality Council

The Quality Council for each programme within the department of Business Administration consists of the Programme Director, Programme Administrator, three student representatives from the programme (generally one from each study year). The Council is the forum of discussion and dialogue between students and programme management and a means to detect issues and irregularities at an early stage. The Quality Council meets every fortnight.

Advisory Board

The Advisory Board for each programme within the department of Business Administration consists of four to five representatives from the business community in addition to the Programme Director. Increasingly, these representatives are also RU alumni. The purpose of the Board is to provide a dialogue between the business community and the programme management and discuss trends and developments and how they affect the preparation of students for employment. The Board meets one or two times each academic year.

The advisory board for the BSc programme in Business Administration and Economics 

  • Baldur G. Jónsson, Human Resource Manager at Landsbankinn
  • Jón Bjarki Gunnarsson, Senior Manager at Deloitte
  • Jón Guðni Ómarsson, CFO at Íslandsbanki 
  • Páll Harðarson, CEO at Kauphöll Íslands
  • Rósa Björgvinsdóttir, Director at Landsbréf
  • Tómas Michael Reynisson, Analyst at the Central Bank of Iceland


Faculty and staff

RU Department of Business Administration is committed to excellence in research and academic staff collaborates with researchers in other fields such as Computer Science and Psychology, within RU and internationally. Students also benefit from the Department's extensive network of international professors and guest lecturers from the business community.

List of faculty, staff and part-time lecturer


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