Overview

Students can choose between a programme structure leading to a Master of Science (MSc) in Innovation Management from Reykjavík University and a structure leading to a postgraduate qualification (MINN). Both structures require 90 ECTS credits. The curriculum can be completed in three terms, with full-time study in the autumn, spring, and summer.

Quick Facts:

In an environment where change is constant and new challenges and technologies continuously emerge, students will develop the central skills of discovering, developing and exploiting new opportunities. They will learn to manage innovative processes and entrepreneurial activities in various settings, including in startups and established organisations in various sectors.
With these valuable competencies, students become uniquely equipped to steer their professional careers towards addressing meaningful challenges and driving positive change.

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Programme Structure

Courses include:

Creative Approaches and Entrepreneurial Mindsets

Innovation and Entrepreneurship: A field of knowledge and practice

Strategic Management

Fundamentals in Accounting and Finance

Innovation Management

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Key information

Duration

Full-time
- 12 months
Part-time
- 28 months

Start dates & application deadlines

Starting 2026-08-18 00:00:00
- Apply before 2026-04-30 00:00:00 , EEA/EU
Starting 2027-08-18 00:00:00
- Apply before 2027-01-31 00:00:00 , International

Language

English

TOEFL^® IBT

91

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IELTS

6.5

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4.9/5 student rating

Credits

90 ECTS

Delivered

On Campus

Campus Location

Reykjavik, Iceland

Disciplines

Innovation Management Strategic Management Management of Creative Industries

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

TOEFL^® IBT

91

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

BA or BSc degree
Excellent English skills
Academic performance, further education, and professional experience are all considered in the application review process

Applicants who have completed fewer than 30 ECTS credits in business administration during their previous university studies are required to take the following courses in the first term in place of electives:

V-700-IMBU: Introduction to Management and Business Concepts (0 ECTS)
V-737-FAFI: Fundamentals of Accounting and Finance (7.5 ECTS)

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

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

Get your student insurance now

Starting 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.

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

1081000 ISK / year

≈ 1081000 ISK / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

1590000 ISK / year

≈ 1590000 ISK / year

Additional Details

The tuition fee per term is 530,000 ISK.

Part-time fee:

eu/eea : 467,000 kr

Living costs

Reykjavík

Iceland

178929 - 290400 ISK / month

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

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Innovation Management.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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About

Overview

Quick Facts:

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Make sure you meet all requirements

Tuition Fees

International Applies to you

EU/EEA Applies to you

Additional Details

Living costs

Reykjavík

Funding

Check for any work restrictions

Scholarships Information

Available Scholarships

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