Master On Campus

Electric Power Management

24 months
15440 USD/year
8500 USD/year
Tuition fee
Apply date
Start date


The M.Sc. in Electric Power Management at Reykjavík University requires 24 months of continuous study and the completion of 120 ECTS. A personalized study plan is developed for each student with the assistance of an academic supervisor.


A highly adaptable, interdisciplinary programme based on practical experience and fieldwork, this master's programme combines economics, technology, engineering and science into one comprehensive degree. This degree is designed for a diverse student group with quantitative backgrounds interested in an the study of the power sector from a non-engineering perspective.

Learning outcomes

Electric Power Management at Reykjavík University is concerned with components of electric power systems, their control, production and transport of electrical energy, and how to ensure reliable delivery of electricity to meet consumer demand. Additionally, the field is concerned with the design requirements for electric power systems and subsystems, and their interactions. We focus on creating graduates with the skill-sets necessary to join this high-demand industry. This degree is a more flexible study option with multiple course offerings from the School of Energy, School of Science and Engineering, School of Business and School of Law for an interdisciplinary group of non-engineers interested in studying power systems.

Programme Structure

Courses include:

  • Power Systems Operation
  • High Voltage Engineering 
  • Power Electronics 
  • Smart Grids and Sustainable Power Systems
  • Stability and Control in Electric Power Systems

Key information


  • Full-time
    • 24 months

Start dates & application deadlines


120 ECTS


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Start from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Reykjavík University and/or in Iceland, please visit Student Insurance Portal.

Other requirements

General requirements

  • Applicants are required to have completed, or be in the final year of, their undergraduate degree for consideration to our graduate programs. For applicants still in their final year, satisfactory completion of their degrees will be conditional for entry.
  • CV / Resume
  • Official University Transcripts (hard copy and digital accepted)
  • 2 Letters of Reference
  • Photocopy of Passport
  • Personal Statement
  • English Language Test Score Certificate

Tuition Fee

To alway see correct tuition fees
  • International

    15440 USD/year
    Tuition Fee
    Based on the tuition of 7720 USD per semester during 24 months.
  • EU/EEA

    8500 USD/year
    Tuition Fee
    Based on the tuition of 4250 USD per semester during 24 months.
  • EU/EEA fee / per semester: ISK 550,000
  • Non-EU/EEA fee / per semester: ISK 1,050,000

Living costs for Reykjavik

178929 - 290400 ISK /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Electric Power Management
Reykjavík University


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