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
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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
More infoLabour lawElectiveV-731-LALAECTS 3,75
More infoDigital and Information System ManagementElectiveV-733-DIGIECTS 7,5
More infoChange management and leadershipElectiveV-736-CMLEECTS 7,5
More infoInternational MarketingElectiveV-736-INMAECTS 7,5
More infoFundamentals in Accounting and FinanceElectiveV-737-FAFIECTS 7,5
More infoAdvanced and digital marketingElectiveV-738-ADDMECTS 7,5
More infoBranding and Strategic MarketingElectiveV-741-BRANECTS 7,5
More infoEnterprise ArchitecturesElectiveV-746-ENARECTS 7,5
Year
1. yearPrint
SemesterFall 2024
Level of courseN/A
Type of courseElective
PrerequisitesNo prerequisites.
ScheduleNo schedule found.
Lecturer
Stephan Aier
Content
The purpose of the course is to understand the necessity for an enterprise-wide approach for planning, designing, and guiding enterprise architecture (EA) development, defining the components of an EA and their interrelations from a business-to-IT perspective, defining enterprise architecture modelling (EAM) processes, methods, and products, specifically EA modeling, EA planning, EA principles, and EA governance. Selecting software tool support for EAM, understanding the context, stakeholders, and application scenarios of EAM are also covered as well as institutionalizing EAM in organizations.

Virtually all of today’s large organizations have to cope with the significant complexity of their information systems (IS) landscape. The application architecture of large organizations is often comprised of several hundred to some thousand applications that support business processes. These applications are implemented by an even larger number of software systems, which are run on various generations of information technology (IT) infrastructure. These components and their interrelations represent the architecture of an enterprise, i.e., EA. Changing only one of these EA components often impacts a potentially large number of related components of the organization. Changing several of these components at the same time in a number of projects or programs by division of labor leads to potentially redundant and/or inconsistent processes, applications, software systems, or IT infrastructure components. In other words, it creates misalignment in the EA. The factual short-term consequence of a misaligned EA is a waste of resources. The longer-term consequences are increasing efforts and difficulties to maintain existing IS and lacking resources for innovation. This development is almost inevitable unless explicitly addressed. This course discusses the concepts of EA and of EAM as a means to guide the design and evolution of EA.

The course is taught in two blocks. The first block will focus on definitions, concepts, and methods of EA and EAM. The second block will focus on tool support, application, and institutionalization of EAM.
Learning outcome - Objectives
Knowledge: Collection of facts, concepts, theories and techniques acquired by students. The student should:
- Understand the necessity for an Enterprise Architecture Modelling (EAM) approach in organizations.
- Understand the core components of Enterprise Architectures (EA)/Enterprise Architecture Modelling (EAM) and their interrelations.
- Are familiar with EAM processes, methods, and products, specifically EA modeling, EA planning, EA principles, and EA governance.
- Understand the context, stakeholders, and application scenarios of EAM.
- Know software tools that support EAM.
Skills: The ability to apply knowledge to different tasks in the context of enterprise architectures. The student should:
- Be able to apply basic EAM methods.
- Be able to plan and develop the EA.
- Be able to identify conflicts of interests between stakeholders and the need for EA governance.
- Be able to apply EAM software tools.

Competences: The ability to apply knowledge and skills in the context of enterprise architectures. The student should:
- Be able to institutionalize EAM in organizations.
- Be able to evaluate the consistency, fit, and effectiveness of EAM initiatives in organizations.
- Be able to individually and in teams manage the EA in organizations.

Course assessment

Reading material
No reading material found.
Teaching and learning activities

Language of instructionEnglish
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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
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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
More infoConsolidated Financial StatementsElectiveV-767-SAREECTS 7,5
More infoSustainability Reporting and AssuranceElectiveV-774-GESSECTS 7,5
More infoBusiness Intelligence and AnalyticsElectiveV-784-REK5ECTS 7,5
More infoTopics in Emerging TechnologiesElectiveV-819-TEMTECTS 3,75
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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