MySchool

Department of Business Administration
Dean:	Dr. Jón Þór Sturluson
Email:	vd@ru.is
Website:	http://www.ru.is/vd
Teachers	View

MSc in Innovation Management - 90 ECTS
Semesters:	3
Years:	1
ETCS:	90
About major	Meistaranám í stjórnun nýsköpunar leggur áherslu á nýsköpun og frumkvöðlastarfssemi. Nemendur öðlast hæfni til að að stýra nýsköpunarstarfimismunandi skipulagsheilda við þróun á nýjum ferlum, vörum og þjónustu, ásamt því að nemendur geti leitt frumkvöðlastarf á breiðum grunni, þar á meðal til að stofna ný fyrirtæki. Námið eflir þekkingu og næmni nemenda fyrir nýjum tækifærum, þjálfar skapandi og lausnamiðaða nálgun og miðar að því að nemendur geti gert slíkar lausnir að veruleika.
Learning Outcomes	View
Degree title	MSc in Innovation Management

Legend
	Mandatory course on major		Teaching language
	Optional course on major		Prerequisites for course

Vorönn/Spring 2024

Consumer Behavior

V-712-COBE

ECTS 3,75

Innovation Management

V-713-INNM

ECTS 7,5

Business Ethics

V-714-BETH

ECTS 3,75

Entrepreneurship and Innovation in Context

V-715-ENIC

ECTS 3,75

Business Process Management

V-716-BPMA

ECTS 7,5

Fixed Income Analysis

V-716-FINC

ECTS 3,75

Implementation of information systems

V-717-IMIS

ECTS 3,75

Entrepreneurial Finance

V-733-ENTR

ECTS 7,5

Branding and Strategic Marketing

V-741-BRAN

ECTS 7,5

Strategic HRM and Metrics

V-745-STRA

ECTS 7,5

Internship

V-748-INTE

ECTS 7,5

Cases in corporate finance

V-763-COR2

ECTS 7,5

Financial Reporting and Accounting Standards II

V-765-FIR2

ECTS 7,5

Business Research Methodology I

V-765-REM1

ECTS 3,75

Applied Derivatives

V-766-APDE

ECTS 7,5

Consolidated Financial Statements

V-767-SARE

ECTS 7,5

Business Intelligence and Analytics

V-784-REK5

ECTS 7,5

Corporate Law

V-802-BULA

ECTS 7,5

Business Research Methodology II

V-825-REM2

ECTS 3,75

Tourism Marketing

V-840-TOMA

ECTS 7,5

Training and Development

V-840-TRDE

ECTS 3,75

Accounting for derivatives and other financial instruments

V-871-AFLE

ECTS 7,5

Master´s Thesis - partial submission

V-888-THHL

ECTS 15

Research Proposal

V-898-REPR

ECTS 0

Master´s Thesis

V-898-THES

ECTS 30

Exchange Studies

X-699-EXCH

ECTS 30

Sumar/Summer 2024

Accounting Fraud and Forensics

V-722-AFOR

ECTS 7,5

Negotiations and Sales

V-744-NEGO

ECTS 7,5

Internship

V-748-INTE

ECTS 7,5

Cross-cultural Communication

V-756-CRCO

ECTS 7,5

Management Accounting

V-793-MAAC

ECTS 7,5

Behavioral Finance

V-803-BEFI

ECTS 3,75

Information Technology in Accounting

V-804-INTA

ECTS 7,5

Occupational Health Psychology

V-816-OHPS

ECTS 3,75

Sustainable Finance

V-817-SUFI

ECTS 3,75

Sustainable Leadership

V-836-SLEA

ECTS 3,75

Design Thinking for Information Security: An Interdisciplinary Approach

V-847-THIS

ECTS 7,5

Venture Capital

V-875-VENT

ECTS 7,5

Master´s Thesis - partial submission

V-888-THHL

ECTS 15

Master´s Thesis

V-898-THES

ECTS 30

Exchange Studies

X-699-EXCH

ECTS 30

Haustönn/Fall 2024

Introduction to Management and Business Concepts

V-700-IMBU

ECTS 0

Creative Approaches and Entrepreneurial Mindsets

V-702-CREM

ECTS 7,5

Innovation and Entrepreneurship: A field of knowledge and practice

V-703-INEN

ECTS 7,5

Fundamentals in Tourism and Hospitality Management

V-704-FTHM

ECTS 7,5

Financial Reporting and Accounting Standards I

V-705-FIR1

ECTS 7,5

Auditing, Auditing Standards and Ethics in Accounting and Auditing

V-706-AUD1

ECTS 7,5

Strategic Management

V-712-STJO

ECTS 7,5

Year

1. year

Semester

Fall 2024

Level of course

N/A

Type of course

Elective

Prerequisites

No prerequisites.

Schedule

No schedule found.

Lecturer

Sveinn Viðar Guðmundsson

Content

The purpose of this course is to push students to think strategically in different situations. Therefore the course provides students with essential knowledge in strategic management and develops skills and competences to apply this knowledge.

The following topics and concepts are covered:
General Management involves the coordination and integration of the efforts within the different functional areas of an organization for dealing with an uncertain future. This comprises formulating a strategy for each individual business of the firm, formulating a corporate and business strategy and implementing these strategies. In this course we will focus on the formulation of a competitive strategy for a business of a firm. Competitive strategy formulation involves understanding the business you are in, determining how to positioning your strategic unit within this business environment, and, developing the capabilities to compete in this environment. The course introduces the students to a coherent framework that can be used to analyze the competitive environment of a firm and its internal strengths and weaknesses. Students are expected to be able to deal with the strategy concepts introduced. Nevertheless, there remain tools, which should aid students in becoming better strategic thinkers. The ultimate objective is to formulate a strategy for a business that will shape the future environment of the firm and will aid a firm with its strategic decision-making in this future.

Learning outcome - Objectives

Knowledge: Collection of facts, concepts, theories and techniques acquired by students. The student should:
- Understand the role of strategy in general management of organizations
- Know main strategy concepts for organizations
- Understand the consequences of an uncertain future for an organization
- Understand the role of an organization in its competitive environment
- Know the concepts of strengths and weaknesses of organizations
- Are familiar with techniques to identify and analyze strengths and weaknesses of organizations
- Are familiar with techniques and frameworks to analyze the competitive environment of organizations.
Skills: The ability to apply knowledge to different settings in strategic management. The student should be able to:
- Identify and analyze the strengths and weaknesses of organizations
- Analyze the competitive environment of organizations
- Analyze the strategy in place and identify room for improvement

Competences: The ability to apply knowledge and skills in strategic management. The student should be able to:
- Apply strategy concepts to an organizational context
- Formulate individually and in teams a competitive strategy for an organization
- Actively shape the strategy of an organization
- Develop and implement strategic decisions in an organization
- Think strategically and deal with an uncertain future.

Course assessment

Reading material

No reading material found.

Teaching and learning activities

Language of instruction

English

Organizational Psychology

V-715-ORPS

ECTS 7,5

Staffing: from recruitment to termination

V-730-STRT

ECTS 7,5