University Education

University of Iceland

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International Business and Project Management

Application

MA - 90 ECTS

ISCED classification: 0488

The Master's programme in international business and project management focuses on the management of international projects and the international organisational environment.

The programme is entirely taught in English.

Is the program for you??

Are you interested in international projects?
Would you like a career in international business?
Do you want to work at an international company?
Are you interested in understanding the complexity of managing multiple projects in an organizational environment?

What is the study about?

This programme explores project management in international companies, with a strategic focus.

The programme is made up of eight courses and a final thesis and can be completed in one year. The language of instruction is English.

Programme structure

The programme is 90 ECTS and is organised as one year of full-time study.

Organisation of teaching

Block teaching is used, with each block lasting seven weeks. There are two blocks per semester, with two courses taught concurrently, making a total of 8 courses over two semesters. This system allows students to concentrate on each course more effectively. The final thesis is written over the summer and submitted in September. Students graduate in October.

This programme is taught fully in English and textbooks are in English. International applicants who do not speak English as a native language may have to submit evidence of English proficiency. More about English Proficiency Requirements under Helpful content below.

Main objectives

After completing the programme, students should, for example:

have acquired a thorough knowledge and understanding of international business and the management of international projects.
be able to analyse the work environment within international companies and institutions and contribute towards policy making and implementation in such companies and institutions.

Other

Completing the programme allows a student to apply for doctoral studies.

See the PhD in business administration

See more details on school website

Degree type: Postgraduate, MA

Begins: Fall 2026

Study period: 1.5 years

Application period: 28. February 2026 - 15. April 2026

Mode of delivery: On site

BA, B.Ed or BS degree. As a general rule, applicants shall have completed their undergraduate studies with a first-class GPA (7.25 or above). All international applicants, whose native language is not English, are required to provide results of the TOEFL (79) or IELTS (6.5) tests as evidence of English proficiency.

NOTE: At the University Council meeting on 4 December 2025, it was approved that in the academic year 2026–2027, the number of new students from outside the EEA, excluding Switzerland, Greenland and the Faroe Islands, will be limited to a maximum of 30.

If the number of applicants for the program who meet the admission requirements exceeds the available places, the selection of students shall be based on the following criteria:

Grades from a university, along with ranking (e. ranking).
Sufficient proficiency in English, according to admission requirements.
Applicants must submit a short statement (1–2 pages) in which they specify why they are interested in this program, their background and knowledge in this field, their goals for the studies and future plans, and a possible topic for their master's thesis, if applicable.
Interviews if deemed necessary.