Choose department Department of Computer Science Department of Business and Economics Department of Law Department of Engineering Department of Preliminary Studies MBA Department of Applied Engineering Department of Sport Science Department of Psychology MPM Department of Business and Economics Dean: Dr. Jón Þór Sturluson Email: vd@ru.is Website: http://www.ru.is/vd Teachers View Choose major BSc in Business Administration with a minor in law MAcc, Accounting and Auditing - 90 ECTS BSc in Business Administration BSc in Business Administration with a minor in Computer Science BSc in Economics and Finance BSc in Economics and Management Exchange studies - BSc Business Exchange studies - MSc Business Diploma in Business and retail management MSc in Tourism and Hospitality Management - 90 ECTS MTHM, Tourism and Hospitality Management - 90 ECTS MSc in Innovation Management - 90 ECTS MINN, Innovation Management - 90 ECTS MSc in Business Management - 90 ECTS MBM, Business Management - 90 ECTS MSc in Marketing - 90 ECTS MM, Marketing - 90 ECTS MSc in Human Resource Management and Organizational Psychology - 90 ECTS MHRM, Human Resource Management and Organizational Psychology - 90 ECTS MSc in Corporate Finance- 90 ECTS MCF, Corporate Finance - 90 ECTS MSc in Information Management - 90 ECTS MIM, Information Management - 90 ECTS MDMD, Digital Management and Data Analysis MSc in Digital Management and Data Analysis 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

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 Organizational Psychology V-715-ORPS ECTS 7,5 Staffing: from recruitment to termination V-730-STRT ECTS 7,5 Labour law V-731-LALA ECTS 3,75 Digital and Information System Management V-733-DIGI ECTS 7,5 Change management and leadership V-736-CMLE ECTS 7,5 International Marketing V-736-INMA ECTS 7,5 Fundamentals in Accounting and Finance V-737-FAFI ECTS 7,5 Advanced and digital marketing V-738-ADDM ECTS 7,5 Branding and Strategic Marketing V-741-BRAN ECTS 7,5 Enterprise Architectures V-746-ENAR ECTS 7,5 Internship V-748-INTE ECTS 7,5 Applied Derivatives V-766-APDE ECTS 7,5 International Finance V-767-INTF ECTS 7,5 Corporate Taxation V-772-TAX1 ECTS 7,5 Fixed Income Analysis V-818-FINC ECTS 7,5 Performance Management V-830-PEMA ECTS 3,75 Portfolio Management V-862-PORT ECTS 7,5 Equity Analysis V-863-EQUI 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 Vorönn/Spring 2025 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 Year 1. year Semester Spring 2025 Level of course N/A Type of course Elective Prerequisites No prerequisites. Schedule No schedule found. Lecturer No lecturer found. Content Business Process Management (BPM) is an interdisciplinary approach to the analysis, design, implementation, and improvement of organizational work processes and supporting IT systems. The goal of BPM is to increase operational efficiency and effectiveness (e.g., product/service quality, compliance) by understanding a company as a system of business processes, instead of functional departments only. This course covers all phases of the BPM lifecycle, from process identification over modeling, analysis, redesign, automation, to process monitoring and performance management. In addition, strategic (e.g., alignment, governance) and social (e.g., people, culture) factors of BPM will be covered. In interactive sessions students will learn state-of-the-process analysis methods and tools (e.g., process modeling with BPMN, process simulation with ARENA) and study real-world case studies related to process-oriented management methodologies like Six Sigma and Lean Management. Learning outcome - Objectives Collection of facts, concepts, theories and techniques acquired by the degree holder. Knowledge can both be theoretical and applied. The student should be able to: 1.     Identify and characterize the key ideas of process thinking (e.g., organizing firms in processes instead of organizational functions) 2.     Describe and explain the phase of the Business Process Management lifecycle (e.g., from process discovery over design to monitoring and controlling) 3.     Identify and discuss additional factors relevant for Business Process Management (e.g., strategic alignment, organizational culture) Entail the ability to apply knowledge. Skills can indicate general skills that are not limited to a certain scientific field or profession, as well as specific skills. The student should be able to: 1.     Identify the differences between process-oriented management approaches and other approaches to management 2.     Choose and apply process analysis and design methods (e.g., process modeling, process simulation) to existing business processes 3.     Analyze the business impact of Business Process Management Entail the ability to apply knowledge and skills to work and study. The student should be able to: 1.     Improve the efficiency and effectiveness of an organization by applying the ideas of Business Process Management 2.     Organize Business Process Management programs and projects Course assessment Reading material No reading material found. Teaching and learning activities Language of instruction English Entrepreneurial Finance V-733-ENTR ECTS 7,5 Branding and Strategic Marketing V-741-BRAN ECTS 7,5 Internship V-748-INTE 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 Sustainability Reporting and Assurance V-774-GESS ECTS 7,5 Business Intelligence and Analytics V-784-REK5 ECTS 7,5 Topics in Emerging Technologies V-819-TEMT ECTS 3,75 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 Equity Analysis V-863-EQUI ECTS 7,5 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