Introduction: MBA in Iceland is grabbing all the attention in the world as a destination for aspirants who want a master’s degree from abroad. Iceland is a Nordic Island country in the North Atlantic Ocean and the smallest populated country in the whole of Europe.
The economy of Iceland has seen growth from past years and has expanded into many diverse business sectors like software production, service industries, manufacturing, finance and biotechnology.
As the economy been strong the country is able to invest in higher education and has come up with world class universities which provide quality education to its young generation. Been tourist attraction country, it also has significant number of international students.
Why choose MBA in Iceland?
The country has a great reputation for high standard of education and design of curriculum has latest updates. The teaching methods are superior in nature and accustomed to all types of students, anyone can adapt to learning at any pace.
The MBA course offered in the Iceland business schools comes with a wide variety of specialization like Finances, Human Resources, Marketing, Strategy, and Operations Management Et cetera.
Quality training facilities and experienced and friendly teachers makes a great combination to nourish the learning need of the students. The dissemination of knowledge is not just theoretical but practical implementations of the skills learned are also focused.
What is duration of MBA in Iceland?
Most of the post graduation program in Iceland takes about 24 months to complete. Some programs may take a longer period of time depending upon the selected specialization.
Top MBA colleges in Iceland
| S No. | Name of Business School |
| 1 | Reykjavik University – School of Business (Háskólinn í Reykjavík) |
| 2 | University of Iceland (Háskóli Íslands) |
MBA in Iceland Eligibility Criteria
The eligibility criteria depends upon the university where the admission is sort out by the student but as far as we have researched there are some common points that all the universities adhere to, which are as below.
- The applicant for MBA in Iceland must have completed a bachelor’s degree in any discipline from a recognized board with good grades.
- English language proficiency certificates programs like EILTS or TOEFL scores are must for admission.
- Some Universities may also ask for work experience for 2 years at administration or management level and above with employer certification.
- Also some colleges may ask for entrance exam score card like GMAT or GRE. This criterion depends upon the university.
We also suggest that, being on safer side the students must check with the admission authorities of the college in Iceland.
Check out Top MBA colleges in India
https://careerstar.in/mba-colleges-in-india/
What is the cost of completing MBA in Iceland?
We can provide you with an estimation of tuition fees in Iceland may range €7100 EURO for complete course but in Public Universities tuition fee is free for both EU and Non EU students. In addition students have to spend separately on hostel or lodging with living expenses.
Student Visa and Documents required for MBA in Iceland
The student visa can be obtained from the Iceland embassy or consulate in your own country.
Documents required
- All academic certificates with original transcript are required
- Student international passport
- Passport size photographs
- Letter of Recommendations
- Essays as asked by the university.
- Work experience certificate from the previous employer.
- Fee submission receipt from the university.
- Bank documents
- Medical insurance
- Police clearance certificate
Check out details about GMAT examination
https://www.gmac.com/gmat-other-assessments/about-the-gmat-exam/gmat-online
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