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

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	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

Year

1. year

Semester

Summer 2024

Level of course

N/A

Type of course

Elective

Prerequisites

No prerequisites.

Schedule

No schedule found.

Lecturer

Carsten Rohde

Content

Financial and non-financial data are a very important basis for evaluation of profits of different segments as well as evaluating and managing the efficiency of departments, people and processes in the organization. But it is also important as a basis for pricing decisions and planning purposes. The course focusses on how to capture financial and non-financial data as well as organize and use them for decision making and control. The course contains the following core elements:
- Job costing systems & process-costing systems
- Revenue and Cost terms and behavior
- Profitability analysis
- Pricing decisions and target costing
- Capital Investment decisions
- Budgetary systems
- Performance measurement and management
- Control systems and transfer pricing

Learning outcome - Objectives

The student should:
- Develop a fundamental knowledge of financial management of a company.
- Understand the purpose and content of different management accounting theories, models, techniques and systems.
- Be able to apply and use them for different analysis, decision making and control tasks in different companies.
- Analyse and evaluate the strengths and weaknesses of each theory, model, technique and system used for different tasks.
The students should be able to:
- Identify and analyze management control issues.
- Apply the theories, models and techniques of the course in case study settings and companies.
- Evaluate management accounting techniques, methods and practices.
- Recommend courses of action for management with respect to their management accounting systems design and use.
The student should be able to:
- Participate in a professional debate concerning the solution to a business issue.
- Make structured thinking and presentation of arguments.
- Analyze counter-arguments in a timely fashion and relate constructively to other people’s suggestions.
- Design and implement management accounting systems in different companies.
- Use management accounting for different decision making, planning and control purposes.

Course assessment

Reading material

No reading material found.

Teaching and learning activities

Language of instruction

Icelandic

Behavioral Finance

V-803-BEFI

ECTS 3,75

Information Technology in Accounting

V-804-INTA

ECTS 7,5