Iceland is an island located in Northern Europe between the North Atlantic Ocean and the Greenland Sea. Northwest of the United Kingdom, it is the westernmost country in Europe. It’s capital, Reykjavik, is the most northern of any country in the world. Despite its location, the climate is temperate, as the North Atlantic Current helps keep its winters mild and its summers cool. The official language is Icelandic, but study of English is compulsory and, therefore, widely spoken, making it a comfortable place to live for English speakers. A constitutional republic, the nation has gotten more press in recent years for the progressiveness of its government.

Studying Business in Iceland

There are a few higher education institutions where you can study business in Iceland. Generally, however, the undergraduate degree programs are taught in Icelandic while only certain courses are offered in English. The MBA programs, on the other hand, may be offered in English only or bilingually. Therefore, this is a better country in which to study for a post-graduate degree. There are also some international business programs that have affiliations with universities here, and you may be able to find Internet-based options.

The academic calendar in Iceland generally uses the semester system, and this spans from August to May and includes two semesters per academic year. In some cases, even if the program usually contains four semesters, you maybe be able to complete your degree in three, which can help you to lower your overall expenditure.

The cost of getting a master’s degree from a university in Iceland varies, depending on where you choose to study and the length of time that the program lasts. Higher education for Icelanders is free at state-run universities, but they too must pay at private institutions such as those that typically offer master’s programs taught in English. Contact your institution of choice in order to find out the cost of tuition and fees.

Earning a Master in Business that revolves around classroom study typically takes around one to two years to complete. Length of study can vary depending on the institution and whether or not you choose to focus on a specialty.

Depending on where you live, the cost of a business degree in Iceland could be less than attending a private institution at home. The country is a beautiful place to spend time. For those students who wish to work in international business, studying abroad is an important step both as a learning experience and for demonstrating that you are serious about your career path, thus boosting your professional marketability. If you’re interested in working in Europe, this is a good place to consider.