The Programme

What you learn

Students learn to enhance current and future decision-making. Students learn methods of communicating well, both orally and in writing, and use synthetic approaches to address organisational issues and develop integrated modes of thinking. The range from micro to mezzo to macro levels of analysis is discussed as the complexities of organisational effectiveness.

In more detail

In this course, the theoretical and empirical bases of the discipline of organisational behaviour are addressed. Topics covered are, amongst others, individual differences, emotional intelligence, motivation, communication, stress, team processes, decision-making, design, culture, and innovation.

Individual, group, organisational, and inter-organisational dynamics are reviewed. The course uses multiple perspectives (i.e., frames) that students can use to assess the effectiveness of their organisation's processes and structures. The frames integrate much of the current theory and research in the discipline. The frames are structural, human resource-oriented, political and symbolic.

Credits: 5,5 ECTS
Taught by: Auður Arna Arnardóttir

What you learn

The course prepares students as managers who make decisions where economy-wide factors play a role. What are the implications of a change in monetary or fiscal policy for your company? Is the country under consideration for investing in likely to do well? Is it wise to locate production or market your product there?

In more detail

The goal of this course is for students to develop a strong understanding of the macroeconomic forces that shape the performance and management of firms in the global economy. Questions such as: Why are some countries rich and others poor? What drives business cycles? What are the causes of inflation? What is the role of monetary and fiscal policy? What are the causes and consequences of global imbalances? What determines exchange rates? are addressed. The course develops a conceptual framework that helps understand the interplay among important macroeconomic variables, such as real output, economic growth, unemployment, inflation, interest rates, exchange rates, and the current account balance.

Credits: 5,5 ECTS
Taught by: Patricia Gabaldon

What you learn

Numbers are just an input to management, and leaders need to know how to get them, but more importantly, what they mean for the management of the organisation. Managing organisations is about people; while having the right information and knowing how to interpret it is important, the course emphasises the behavioural implications of using this information.

In more detail

A comprehensive introduction to designing, interpreting, and using financial and non-financial information to manage organisations and drive value creation. The tools covered are relevant to most areas, from marketing to operations to human resources. The class balances quantitative and qualitative aspects, reflecting the reality of organisations, where managers have to combine these two perspectives. The quantitative part only requires a good understanding of basic algebra (add, subtract, multiply and divide) as well as common sense. The core of the class is devoted to evaluating the management implications of the analysis.

Credits: 5,5 ECTS
Taught by: Edi Soler

What you learn

In this four-semester course, students are supported through the challenges and changes that come with the MBA programme. They are given the opportunity to reflect on their personal growth, life, and career paths while gaining professional knowledge, skills, and abilities. This helps integrate personal and professional journeys, thereby strengthening the student's foundation for leadership roles.

In more detail

Students are given the tools to understand the importance of self-awareness in developing leadership capabilities. They get to know their own motivation, strengths and weaknesses in a leadership role, they come to understand the importance of feedback, coaching, goal setting and communication in management, and know how to continue developing those skills.

Credits: 0,5 ECTS
Taught by: Sigríður Indriðadóttir

What you learn

This course focuses on developing negotiation skills. Students learn and practice effective preparation and techniques, build trust, manage conflicts, use systematic preparation for negotiations, practice active listening, address cultural aspects in negotiation preparation, and more.

In more detail

The dynamics that occur before, during, and after a negotiation are examined, and the theory behind various approaches to negotiations is explored through readings, in-class discussions, simulations, case studies, reflections, assignment projects and role-playing games. The emphasis throughout the course is on student participation, as dynamic participation – coupled with honest feedback – is an effective way to learn new skills and change behaviour.

Credits: 5,5 ECTS
Taught by: Aðalsteinn Leifsson