Department of Business and Economics
Dean:Dr. Stefan Wendt
Email:vhd@ru.is
Website:https://www.ru.is/departments/vidskiptadeild
TeachersView
MSc in Innovation Management - 90 ECTS
Semesters:3
Years:1
ETCS:90
About majorMeistaranám 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 OutcomesView
Degree titleMSc in Innovation Management
Legend
Mandatory course on majorTeaching language
Optional course on majorPrerequisites for course
Print
Haustönn/Fall 2024
More infoIntroduction to Management and Business ConceptsElectiveV-700-IMBUECTS 0
More infoCreative Approaches and Entrepreneurial MindsetsCoreV-702-CREMECTS 7,5
More infoInnovation and Entrepreneurship: A field of knowledge and practiceCoreV-703-INENECTS 7,5
More infoFundamentals in Tourism and Hospitality ManagementElectiveV-704-FTHMECTS 7,5
More infoFinancial Reporting and Accounting Standards IElectiveV-705-FIR1ECTS 7,5
More infoAuditing, Auditing Standards and Ethics in Accounting and AuditingElectiveV-706-AUD1ECTS 7,5
More infoStrategic ManagementCoreV-712-STJOECTS 7,5
More infoOrganizational PsychologyElectiveV-715-ORPSECTS 7,5
More infoStaffing: from recruitment to terminationElectiveV-730-STRTECTS 7,5
Year
1. yearPrint
SemesterFall 2024
Level of courseN/A
Type of courseElective
PrerequisitesNo prerequisites.
ScheduleNo schedule found.
Lecturer
Þóra Þorgeirsdóttir
Content
The purpose of this course is to build the participant´s ability to use good practices in staffing and workforce planning to build up a great team of employees.

The course will emphasise reliable and valid methods and tools in all stages of personnel selection, whether internal or external or selecting employees out. Key labour law considerations and international comparisons in staffing practices and legal environments will be covered as well as ethical issues and dilemmas that may arise in staffing.

The following topics and concepts are covered:
The whole process of staffing and workforce planning will be covered, including external and internal recruitment, employer branding, job analysis, job design, job specifications, evaluation of candidates, decision making, contracting, retention, turnover, layoffs and alternative downsizing methods. Among key issues covered are causes and consequences of downsizing, survivor syndrome, staffing metrics and evaluation of selection success.
Learning outcome - Objectives
Knowledge: Collection of facts, concepts, theories and techniques acquired by students. The student should:
-Understand and explain key theories, methods, frameworks and research findings relating to workforce planning, recruitment, selection and downsizing and the skills to apply them in different organizational contexts.
-Understand key legal terms relating to staffing and how international labour law developments may affect hiring practices in different countries.
Skills: The ability to apply knowledge to different settings of staffing processes. The student should:
-Describe and apply key staffing models, concepts and strategies to various organizational settings.
-Understand, critically analyse and respond objectively to key ethical issues and dilemmas that may arise in staffing.
-Collect and analyse information from internal and external sources to undertake workforce planning and forecast labour force requirements and needs.
Competences: The ability to apply knowledge and skills in staffing. The student should:
-Develop and design staffing strategies in alignment with organizational HR strategy and business strategy, to ensure alignment between organizations and employees and between employees and jobs.
-Critically evaluate the suitability of different methods and approaches to staffing in different internal and external contexts.
-Develop, design and implement valid and reliable recruitment, selection and termination processes that abide with relevant labor legislation.
Course assessment

Reading material
No reading material found.
Teaching and learning activities

Language of instructionEnglish
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More infoBranding and Strategic MarketingElectiveV-741-BRANECTS 7,5
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More infoInternshipElectiveV-748-INTEECTS 7,5
More infoApplied DerivativesElectiveV-766-APDEECTS 7,5
More infoInternational FinanceElectiveV-767-INTFECTS 7,5
More infoCorporate TaxationElectiveV-772-TAX1ECTS 7,5
More infoFixed Income AnalysisElectiveV-818-FINCECTS 7,5
More infoPerformance ManagementElectiveV-830-PEMAECTS 3,75
More infoPortfolio ManagementElectiveV-862-PORTECTS 7,5
More infoEquity AnalysisElectiveV-863-EQUIECTS 7,5
More infoMaster´s Thesis - partial submissionElectiveV-888-THHLECTS 15
More infoResearch ProposalCoreV-898-REPRECTS 0
More infoMaster´s ThesisCoreV-898-THESECTS 30
More infoExchange StudiesElectiveX-699-EXCHECTS 30
Vorönn/Spring 2025
More infoConsumer BehaviorElectiveV-712-COBEECTS 3,75
More infoInnovation ManagementCoreV-713-INNMECTS 7,5
More infoBusiness EthicsCoreV-714-BETHECTS 3,75
More infoEntrepreneurship and Innovation in ContextCoreV-715-ENICECTS 3,75
More infoBusiness Process ManagementElectiveV-716-BPMAECTS 7,5
More infoEntrepreneurial FinanceCoreV-733-ENTRECTS 7,5
More infoBranding and Strategic MarketingElectiveV-741-BRANECTS 7,5
More infoInternshipElectiveV-748-INTEECTS 7,5
More infoFinancial Reporting and Accounting Standards IIElectiveV-765-FIR2ECTS 7,5
More infoBusiness Research Methodology ICoreV-765-REM1ECTS 3,75
More infoApplied DerivativesElectiveV-766-APDEECTS 7,5
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More infoBusiness Research Methodology IICoreV-825-REM2ECTS 3,75
More infoTourism MarketingElectiveV-840-TOMAECTS 7,5
More infoTraining and DevelopmentElectiveV-840-TRDEECTS 3,75
More infoEquity AnalysisElectiveV-863-EQUIECTS 7,5
More infoAccounting for derivatives and other financial instrumentsElectiveV-871-AFLEECTS 7,5
More infoMaster´s Thesis - partial submissionElectiveV-888-THHLECTS 15
More infoResearch ProposalCoreV-898-REPRECTS 0
More infoMaster´s ThesisCoreV-898-THESECTS 30
More infoExchange StudiesElectiveX-699-EXCHECTS 30
Sumar/Summer 2025
More infoManagement AccountingElectiveV-793-MAACECTS 7,5
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More infoSustainable FinanceElectiveV-817-SUFIECTS 3,75
More infoSustainable LeadershipElectiveV-836-SLEAECTS 3,75
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