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53 Affordable Master's degrees in Iceland
When searching for affordable master's degrees, international students often look for programmes that offer quality education without breaking the bank. In our system, any master’s programme with tuition fees ranging from 0 to 2,500 euros per year is considered affordable. Iceland, a small yet academically rich nation, stands out as an excellent destination for budget-conscious students. Here, affordable master's programmes can start from €0, meaning tuition-free education is available. This makes Iceland incredibly appealing for students searching for cheap master's degrees. With several top universities in Iceland offering such programmes, international students can pursue their academic goals without the burden of high tuition fees. For those considering a cheap master degree in Iceland, it's worth exploring the top universities in Iceland to find the perfect fit for their budget and academic aspirations.
University Centre of the Westfjords
Ísafjörður, Iceland Coastal Communities and Regional Development
The Coastal Communities and Regional Development from University Centre of the Westfjords is an international, multidisciplinary master’s programmr addressing the opportunities and challenges of coastal communities along the North Atlantic, North Pacific and the Arctic, although theoretical foundations and best practice examples from other regions will also be presented.
M.A. Full-time On-campus
2 yearsFree
University Centre of the Westfjords
Ísafjörður, Iceland Coastal and Marine Management
Coastal and Marine Management from University Centre of the Westfjords is especially built on the principle and practice of biology, sociology and economics
Master Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Engineering Physics
Graduates of the Engineering Physics program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the fields of physics and engineering.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Chemistry
Graduates of the Chemistry program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of chemistry.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide West Nordic Studies
The objective of the West Nordic Studies programme at University of Iceland is to increase knowledge of the common issues of the area. The aim is to graduate candidates that can understand and meet the complicated challenges of coastal Norway, Iceland, Greenland and the Faroe Islands (the Nora region) as part of the Circumpolar North complexities and are able to strengthen networking in the area.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide English
The English program at the University of Iceland ensures that it's graduates have exact knowledge in their area of specialisation, the English language and it's grammar, or history and literature of English-speaking nations, with an overview of disparate opinions, methods and concepts as a basis for research.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Gerontology
The Gerontology program at the University of Iceland is a multidisciplinary and jointly implemented degree programme in higher education in the Nordic countries in the field of gerontology.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Statistics
Graduates of the Statistics program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of statistics.
M.Sc. Full-time On-campus
2 yearsFree
University of Akureyri4,3(3)
Akureyri, Iceland Natural Resource Sciences
A research-based master’s programme in Natural Resource Sciences from University of Akureyri will improve your knowledge and skills in tackling scientific work, as you become competent in dealing with challenging tasks.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Environment and Natural Resources
The Environment and Natural Resources programme at University of Iceland is a unique interdisciplinary and international programme that provides academic insight into the various aspects of environmental issues and the utilisation of natural resources.
Master Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide The Small State Studies - Small States in the International Systems
The Small State Studies - Small States in the International Systems programme at University of Iceland offers a detailed study of small state theories based on the literature on the state and the international system. It also emphasizes the opportunities and constraints facing small states in Europe.
Postgraduate Diploma Full-time On-campus
½ yearFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Viking and Medieval Norse Studies
The Viking and Medieval Norse Studies programme at University of Iceland aims to provide thorough training in Old Norse language, literature, and history, as well as helping to develop the skills necessary to work with primary sources such as medieval Norse manuscripts, runic inscriptions, and other artifacts.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Geography
Graduates of the Geography program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of geography.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Historical Archaeology
The Historical Archaeology program at the University of Iceland covers roughly a millennium of archaeology in the North, from the Vikings to VE Day. From Norse boat burials to WWII camps, you will explore the materialities and mentalities that shaped the world we live in today.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Physics
Graduates of the Physics program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of Physics.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Earth Sciences
Graduates of the Earth Sciences program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of Earth Sciences.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Anthropology
In the Anthropology programme at University of Iceland students are trained in a range of research methods and are free to choose research topics that suit their interests.
M.A. Full-time +2 Online +2
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Computational Engineering
The Computational Engineering at University of Iceland is a two-year graduate study programme in computational engineering at the Faculty of Industrial Engineering, Mechanical Engineering and Computer Science, School of Engineering and Natural Sciences.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Medieval Icelandic Studies
The Medieval Icelandic Studies programme at the University of Iceland is designed for international students who hold a bachelor’s degree with a medieval component in at least one of the following areas: literature, history, religion, linguistics, anthropology, archaeology, art history or folklore. The medieval component is typically a university course with a medieval element.
M.A. Full-time On-campus
1½ yearFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Aquatic Biology and Fisheries
The Aquatic Biology and Fisheries at University of Iceland emphasizes freshwater and marine ecology and fisheries in sub-Arctic environments.
M.Sc. Full-time On-campus
2 yearsFree
Frequently Asked Questions
To qualify for a master's programme in Iceland, you need to hold a recognised bachelor's degree in a relevant field. Most programmes require a minimum of a 2:2 (or equivalent) from an accredited institution. Additionally, you'll need to submit a comprehensive application, which typically includes academic transcripts, a personal statement, and letters of recommendation. English language proficiency is also crucial, often demonstrated through tests like IELTS or TOEFL. For specific programme requirements, visit the individual university's website. Iceland offers a range of affordable master's degrees, making it an attractive destination for international students seeking quality education without breaking the bank.
Iceland is home to several prestigious universities that offer high-quality, affordable master's programmes. The top universities in Iceland include Reykjavík University, the University of Iceland, and the University Centre of the Westfjords. These institutions are renowned for their academic excellence and innovative research. Reykjavík University, for instance, is known for its strong programmes in technology and business, while the University of Iceland offers a wide range of disciplines. The University Centre of the Westfjords is unique for its focus on sustainable development and rural innovation. Each of these universities provides budget-friendly options for international students.
Master's degrees in Iceland are remarkably affordable due to significant government funding and subsidies. The Icelandic government is committed to making higher education accessible, which results in low tuition fees for both domestic and international students. Additionally, the country's strong economy and high standard of living contribute to the overall affordability of education. This makes Iceland an attractive destination for students seeking quality education without the high costs associated with other European countries. With tuition fees often under €2,500 per year, Iceland offers a cost-effective solution for pursuing a master's degree.
Most master's programmes in Iceland are taught in English, making them accessible to international students. To enrol in these programmes, you'll need to demonstrate English language proficiency. This is typically done through standardised tests such as IELTS or TOEFL. Minimum score requirements vary by programme, but generally, a score of 6.5 on IELTS or 80 on TOEFL is common. Some programmes may also accept other recognised English language tests. It's important to check the specific language requirements for your chosen programme to ensure you meet the criteria for admission.
Yes, international students in Iceland are allowed to work part-time while pursuing their studies. You can work up to 20 hours per week during the academic term and full-time during holidays. This provides an opportunity to gain work experience and help cover living expenses. However, it's important to balance work with your studies to ensure academic success. Many students find part-time jobs in areas related to their field of study, which can be beneficial for their career prospects. Always check the specific work regulations and permits required for international students in Iceland.
While tuition fees for master's programmes in Iceland are low, there are other costs to consider. Living expenses, including accommodation, food, transportation, and personal expenses, can add up. On average, students should budget around €800 to €1,200 per month for living costs in Reykjavik. Additionally, you'll need to factor in the cost of health insurance, which is mandatory for all residents in Iceland. Application fees and the cost of obtaining a student visa are also considerations. It's important to plan your finances carefully to ensure you can cover all expenses while studying in Iceland.