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

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-732-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

Year

1. year

Semester

Fall 2024

Level of course

5. Second cycle, intermediate

Type of course

Elective

Prerequisites

No prerequisites.

Schedule

No schedule found.

Lecturer

No lecturer found.

Content

The course will cover fundamentals of financial accounting, management accounting and corporate finance. While financial accounting, management accounting and corporate finance information is immensely valuable for every organization and manager, the course also discusses the assumptions behind this information and their limitations. The course will focus on the interrelationship between financial reporting, management accounting and corporate finance for decision making, and recent developments in performance measurement. It will link theory with practical examples and case studies drawn from real business situations across a wide range of manufacturing, retail and service industries.

This course is only available for students who enroll in the master’s programs in Business Management, Human Resource Management and Organizational Psychology, Innovation Management, Marketing, and Tourism and Hospitality Management but have less than 30 ECTS credits in business administration finished in previous studies.

Learning outcome - Objectives

Knowledge. Collection of facts, concepts, theories and techniques acquired by students. The student should have a fundamental understanding of:
- The concepts, methods and tools of financial accounting, management accounting and corporate finance and their importance for every manager in an organization
- How these tools and methods are used by different managers in an organization
- How financial accounting, management accounting and corporate finance affect decision making and management behaviour
Skills. The ability to apply knowledge to different tasks related to financial accounting, management accounting and corporate finance. The student should:
- Be able to critically read and understand financial statements and to understand and recognise where the information in financial statements come from
- Perform cost analysis, cost allocations and determine cost behaviour
- Perform basic financial valuation of business projects
- Design and construct simple forecasts and budgets as well as conduct variance analysis

Competences. The ability to apply knowledge and skills. The student should:
- Identify and assess the accounting and management accounting systems of companies
- Evaluate the link between decision making, financial accounting, management accounting and corporate finance
- Evaluate the suitability of different methods and approaches of management accounting and corporate finance
- Be able to prepare reports (in English) for managers which are based on financial accounting information, management accounting information and corporate finance information to support managerial decision making

Course assessment

Reading material

No reading material found.

Teaching and learning activities

Language of instruction

English

Advanced and digital marketing

V-738-ADDM

ECTS 7,5

Enterprise Architectures

V-746-ENAR

ECTS 7,5