REYKJAVIK UNIVERSITY - Ru.is

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CHANGE LEAD INNOVATEREYKJAVIK UNIVERSITYTian LanSales manager at Marel Iceland ehf.MBA 2017Katrín JúlíusdóttirDirector of the Icelandic Financial Services Associationand former ministerMBA 2016Davíð Ingi JónssonGeneral Counsel at EimskipMBA 2018

AN MBA IS ANINVESTMENT INYOUR FUTUREAn MBA is a journey. On it you will develop key professional skillsand competencies such as decision making, communications andanalytical skills, to name just a few. This increases your personal andprofessional value making it a valuable investment in your future.The MBA programme is a demanding personal and professionalchallenge. At Reykjavik University, we emphasise graduatingprofessionals who are willing to make a difference. We believe inenhancing their potential for growth, and expect them to use theircapabilities to the fullest while they participate in our programmes.The quality and content of the AMBA accredited Reykjavik UniversityMBA is unique in Iceland. In addition to our very competent andexperienced local faculty we have an outstanding visiting facultyfrom some of the world’s leading business schools. These professorshave been with us for many years and keep coming back becauseof the dynamic atmosphere and highly motivated students in theprogramme.Through the years we have graduated more than 600 individualswith an MBA degree. These professionals have advanced in theirprofessional careers to become leaders, managers, entrepreneursand business owners. They are in short making a difference.We are very proud of our MBA programme; we invite you to join us.Páll Melsteð RíkharðssonDean, School of BusinessOUR MISSION IS TO DEVELOP RESPONSIBLELEADERS WHO WILL HAVE A POSITIVE INFLUENCEON BUSINESS AND SOCIETY

Reykjavik UniversityTHE MBA DIFFERENCEThe strength of the Executive MBA at RU lies in the exceptional quality of both the faculty and students,the international nature of the programme, the use of the case study method, strong ties with the businesscommunity and a focus on the student as a responsible leader through personal development.DURING YOUR STUDIES YOU WILL:– Work with outstanding professors from all over the world whoare recognized experts in their respective fields, as well asour most experienced local faculty.– Gain extensive experience through varied teaching methodsand interactive participation in classes and projects.– Create value for your company by applying new skills that youacquire from day one.– Learn from a strong group of fellow students with diversebackgrounds.WITH THE MBA DEGREE YOU WILL:– Learn the skills that help you to become an innovativeand responsible leader.– Gain strong decision making skills and a competitiveadvantage.– Develop an outstanding portfolio of business knowledgeand expertise.– Expand your network of colleagues, including MBA Alumni.– Gain a valuable understanding of yourself as a leader“The teaching methods are very thought provoking, initiatingand inspiring independent and critical thinking. I was actuallysurprised at how international the programme is, it is not onlyinternationally credited but teachers come from all over theworld, which broadens the horizon.”Tian LanSales manager at Marel Iceland ehf.MBA 2017“The focus on personal development is valuable. It allows you totake an objective, closer look at yourself, something that is essentialfor making the transformation from a manager to an effectivebusiness leader. During orientation, the programme director told usto trust in the process. The content of this statement starts to unfoldas you go further, when you realise that the sequence of the coursesis intentional, they all interconnect, and before you know it the biggercontext emerges. I believe this sort of multidisciplinary education isthe education of the 21st century and will lead to improved prosperityfor people, companies and societies. I want to develop my leadershipand business skills in order to become an effective business leaderin the future, and the RU MBA will help me achieve that.”Davíð Ingi JónssonGeneral Counsel at EimskipMBA 2018

PROFESSORS FROM THE WORLD’SLEADING BUSINESS SCHOOLSOur faculty, the majority of whom are from leading European and American business schools along withlocal professors and experts in their respective field, have extensive professional and academic experience.The students get the opportunity to work closely with their professors during the two years of study.Reykjavik UniversityReykjavik IcelandUniversity of VictoriaVancouver, CanadaRotman School of ManagementToronto, CanadaRichard Ivey School of BusinessLondon, CanadaIdaho State UniverstityPocatello, USALondon Business SchoolLondon, UKHHL Business SchoolLeipzig, GermanyIESE Business SchoolBarcelona, SpainSisu Business SchoolShanghai, China“There comes a point in the life ofa professor where one carefullychooses what to do and where. I keepreturning to teach at the RU MBAprogramme because the quality of theprogramme, the hard working students,the programme administration and theoverall learning experience for me iswell worth it!”Eric WeberAssociate Dean of IESE BusinessSchool & Professor of StrategicDecision Making at RU

Aðalsteinn Leifsson, MSc, MBAReykjavík University, IcelandCourse: Effective NegotiationOUR CREDENTIALSAnn Armstrong, PhDRotman School of Management, CanadaCourse: Organisational BehaviourUpon graduation you will hold an MBA degree that is internationallyaccredited and acknowledged worldwide. Only 225 out of over 25,000 MBAprogrammes available worldwide have an AMBA accreditation. The RUAnneloes Raes, PhDIESE Business School, SpainCourse: Leadership and ChangeMBA was awarded accreditation in 2011 and received a renewed full 5 yearaccreditation in 2016, thereby joining top ranked business schools such asthe Saïd Business School at Oxford University, London Business School,IESE and ESADE in Spain, INSEAD and HEC in France, CBS in Copenhagenand IMD in Switzerland. The AMBA committee also highlighted that thepercentage of RU MBA female graduates, 46% in total, was exceptional.An international programme accreditation system that evaluates thequality of any business and/or management programme that has aninternational perspective.The Principles for Responsible Management Education (PRME)initiative aims to inspire and champion responsible managementeducation, research and thought leadership globally.Auður Arna Arnardóttir, PhDReykjavík University, IcelandPersonal Development co-ordinatorEric Weber, PhD, MBAIESE Business School, SpainCourse: Strategic Decision MakingFriðrik Már Baldursson, PhdReykjavik University, IcelandCourse: Managerial EconomicsJónas Fr. Jónasson, LLM, MBAReykjavík University, IcelandCourse: Business LawKetill Berg Magnússon, MA, MBAReykjavík University, IcelandCourse: Responsible LeadershipKristín Friðgeirsdóttir, PhDLondon Business School, UKCourse: Business StatisticsStudent of the Year Award by AMBAGuðmundur Ingi Þorvaldsson, RU MBA Alumni was in 2014Lori Riznek, PhDUniversity of Toronto, CanadaCourse: Human Resource Managementhonored and selected as 1st runner up in the AMBA Studentof the year award. An outstanding acknowledgement for boththe student and the RU MBA programme.Murray Bryant, PhDRichard Ivey School of Business, CanadaCourse: Managerial AccountingNatalia Yankovic, PhDIESE Business School, SpainCourse: Operation Management“Aside from academic excellence, theclear focus on the practical skills thatreally matter for success in professionallife is what characterises the RU MBA.”Aðalsteinn LeifssonAssociate Professor,Reykjavik UniversityPascual Berrone, PhDIESE Business School, SpainCourse: Competitive StrategyRobert Wayne Gregory, PhDIESE Business School, SpainCourse: Competing in the Digital AgeSteve Byers, PhDIdaho State University, USACourse: Corporate FinanceValdimar Sigurðsson, PhDReykjavik University, IcelandCourse: Marketing ManagementÞröstur O. Sigurjónsson, PhD, MBAReykjavik University & CopenhagenBusiness SchoolCourse: Final Project

STRUCTUREThe Reykjavík University MBA is anintensive two-year executive programme.Participants receive rigorous training in allaspects of business administration, rangingfrom accounting to strategy and humanresource management.Additionally, the emphasis is on personalcapability, making our graduates more effectiveat leading and influencing people around them.– The MBA at RU is an executive programmefor professionals.– All classes are conducted in English.– Students are offered preparation courses.– Assessment is usually based on individualand group projects, class participation, casestudies, exams and team evaluations.For more information about courses andelectives, please visit our website:www.ru.is/mbaThe MBA programme consists of 90 ECTS credits, 22.5 ECTS credits per semester.1st semester2nd semesterTwo weekend courseTwo weekend course– Managerial Economics– Business Statistics– Managerial Accounting– Corporate Finance– Organizational Behaviour– Marketing Management– Negotiation– Operations ManagementOne weekend course or shorter– Personal DevelopmentOne weekend course or shorter– Personal Development3rd semester4th semesterTwo weekend courseTwo weekend course– Competing in the Digital Age– Competitive Strategy– Strategic Decision Making– Responsible Leadership– Human Resource Management– LeadershipOne weekend course or shorter– Personal DevelopmentOne weekend course or shorter– Business Law– Personal Development– Entrepreneurship*Final Project*Taught at Babson University or IESE Business School/Reykjavik University.Included in tuition.THE CASE METHODWe believe that the best managers and leadersare those who can solve problems. The casemethod helps students develop these skillsby presenting them with real life businessscenarios in the classroom placing them in theposition of decision makers. Our students takean active role in solving hundreds of cases inaddition to traditional methods of learning.This is one of the reasons why our programmeis truly international, not only is it taught byexperts from the best business schools in theworld, but the case method gives our studentsinsight into a wide range of different sectorsand global markets.“One of the greatest strength of the RU MBA Programmelies in the diversity of the students. We emphasizediversity in order to create a dynamic learningenvironment and to insure meaningful and lastingconnections between students for years to come.”Auður Arna ArnardóttirDirector of Executive MBA

PERSONAL DEVELOPMENTAn integral part of the RU MBA is personal development. Students reflect on theirpersonal growth, life and career paths, while they gain professional knowledge, skillsand abilities. Our students receive direct personal development training through shortworkshops and assignments.1st semester Short seminar orteaching weekendRequired PaperOtherSelf-awareness and self-development– TMS– Self awareness– Self developmentRequired PaperOther3rd semester Short seminar orteaching weekendRequired PaperTHURSDAYFRIDAYSATURDAYSEMESTERClasses take place in the form of modulesevery other weekend.Individual coaching sessions, team process meetingsThe Fall semester is from late August toearly December.Leading positive change and motivating others– Coaching– Giving/receiving feedback– Team leadership– Communication skills– Managing conflictThe spring semester is from middle ofJanuary to early May.MAugustPersonal strengths and weaknesses, goal setting and action planIndividual coaching sessions, team process meetingsSeptemberStrategic career management, personal branding– “Strength finder”– CV, Cover letters– Interviews– Recruitment agencies– NetworkingOctoberPersonal brandingNovemberOther4th semester Individual coaching sessionsPresentation skills and future goalsDecemberShort seminar orteaching weekendRequired PaperOther– Written and verbal presentation skillsPersonal growth after graduationJanuaryIndividual coaching sessionsFebruaryExchange studiesMBA students have the opportunity toapply for an exchange semester abroadduring the third semester. Schools include:March– Leipzig Graduate School ofManagement, Germany“The exchange semester at HHL was anamazing opportunity! It allowed me toexperience a new culture, and an extremelymulticultural environment with students from64 nationalities. As an MBA, it made me moreprepared for an international career and thechallenges inherent to it.”Joana MatosMBA 201413:00-17:0009:00-17:0009:00-17:00Personal strengths and weaknesses, goal setting and action plan2nd semester Short seminar orteaching weekend– Health and stress– Goal setting and action planTYPICALWEEKEND– Victoria University,Victoria Island, CanadaApril– SISU Business School,Shanghai, ChinaMayJoana Matos went to Leipzig HHL BusinessSchool during her third semester at the RU MBAin 2014 and was chosen Student of the year.TWTFSS

USACURRENTSTUDENTSAVERAGE AGE98 38FEMALE 44%MALE 56%EXAMPLES OF COMPANIES THAT OURMBA STUDENTS ARE WORKING IN365 Actavis Advania Alþingi Arion banki Boeing Borgarleikhúsið Borgun Capacent Copyright Finland Crayon Iceland Credit Info DMC Eigið/Vendum Evrópustofa Expectus Software Expedia Fréttatíminn Frjáls fjölmiðlun Gallup Glofi Halldór Jónsson Haugen gruppe HS Orka Icelandair Icelandair hotels Iðnó Innnes Internet Iceland Íslandsbanki Juris Landsbankinn Landsbréf Landsnet LÍÚ Loftleiðir LSH Marel Mekano MP banki N1 Norðurál Ölgerðin Olís OPEX Össur Pandora PWC Reebok Valens Reykjafell RIFF RSK RÚV Reykjavíkurborg Sabre Airline Samgöngustofa Scholarbook Shell Síminn Sinfóníuhljómsveit Íslands Egersund Star oddi Stefnir TM software Toyota Trackwell Unicef UTN Valka Vegagerðin Venupoint VHE VÍS Viss

WHERE OUR STUDENTSCOME FROM nited palIndiaJapanVietnamPhilippinesGhanaEDUCATIONAL BACKGROUNDBusiness & EconomicsEngineering & Technical ScienceSocial Sciences40%18%New Zealand10%Humanities24%Natural Sciences8%PROFESSIONAL BACKGROUND45%CorporateSmall and medium enterprises (SMEs)Government11%Company ownersNGOs5%9%29%

ALUMNINETWORKAfter joining the MBA program at Reykjavik University you become part of a powerful alumninetwork and join a diverse community of high achievers connected by a shared experience.The network includes prominent business leaders in all sectors of the economy. It is a valuableresource that creates connections and business opportunities throughout your career.RUMBAFrom the moment you join the MBAprogram at RU you become part of analumni network called RUMBA. Youwill continue to benefit from being anMBA alumnus long after you graduatewith continued education and varioussocial activities.EMBLURAll our female students are invitedto join EMBLUR when they enter theprogram. The objective of EMBLUR isto empower women and strengthentheir networking and businessrelations. The association hosts variousfunctions, meetings and seminars.The RU MBA has one of the highestpercentages of women out of all MBAprograms worldwide.

“My studies at RU have enabled me tobring together my diverse work experiencewith newly acquired knowledge, enablingme to develop my strengths and discovernew ones. I am extremely happy with theinternational focus of the RU MBA, whichhas really widened my perspective.”Katrín JúlíusdóttirDirector of the Icelandic Financial ServicesAssociation and former ministerMBA 2016

ADMISSIONPrerequisitesWANT TO LEARN MORE?COME AND MEET US– Bachelor’s degreeAuður Arna Arnardóttir, PhD, PLD– Work experience (at least 3 years)Director of MBAauduraa@ru.is– Good command of EnglishRequired documentsKári Finnsson, BSc., BA, MA– Curriculum VitaeProgram Manager of MBAkarif@ru.is– Official transcripts of diplomas– Two letters of recommendation– An essay answering two questions:1. Why do you want to pursue an MBA program?2. Discuss your short-term and long-term goals post-MBAAll applications are treated as confidentialFor fuller information about the application process and tuitioninformation please visit us on www.ru.is/mbafacebook.com/reykjavikuniversitymbaWe encourage you to book an appointment with theMBA office and discuss any questions you might have.You can also book a Skype meeting with us or we cangive you a call.mba@ru.is 354 599 6506We encourage you to follow us on our Facebook page to see news about our alumni, students and professors.

The strength of the Executive MBA at RU lies in the exceptional quality of both the faculty and students, the international nature of the programme, the use of the case study method, strong ties with the business . *Taught at Babson University or IESE Business School/Reykjavik University. Included in tuition. Joana Matos MBA 2014