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

Year

1. year

Semester

Summer 2024

Level of course

N/A

Type of course

Elective

Prerequisites

No prerequisites.

Schedule

No schedule found.

Lecturer

Einar Örn Sigurjónsson

Jón Bjarki Gunnarsson

Sunna Dóra Einarsdóttir

Content

The purpose of the course is to provide students with profound knowledge in accounting information systems and with skills and competences to design, implement, use and manage accounting information systems. In this context, the course addresses accounting information systems in the context of both management accounting and financial reporting.

The following topics and concepts are covered:
The use of information technology is an integrated part of business management. One of the primary information systems in the company is the accounting information system where information technology plays a crucial role. Small companies typically use simple accounting information systems with little functionality, while larger companies use accounting information systems that are integrated with other modules such as sales, distribution, purchasing and human resource (i.e. Enterprise Resource Planning (ERP) systems). In an integrated environment, the accounting information system supports the business processes, registers information throughout the process and aims at real time reporting to decision makers. Looking at accounting information systems being offered from vendors such as SAP, Microsoft Business Solutions, and Oracle the trend is towards more integration regardless of company size. Generally, accounting information systems need to be designed to safeguard company assets and secure quality of information. Here, safeguarding assets means securing data, preventing and/or detecting internal or external fraud as well as protecting the accounting information system from external threats such as hackers and physical damage. Securing quality of information means minimizing the risk of erroneous or wrong data entering the system and detecting it should it happen anyway. Safeguarding assets and securing information quality is done by using internal control systems and activities including controls specifically aimed at the information system as well as controls that are broader in nature. This includes separation of duties, application controls, validation checks and authorizations. Developments in information technology and accounting information systems require employees with knowledge of how information systems and accounting unite. This includes, e.g., accountants, controllers, consultants and auditors.

Learning outcome - Objectives

The student should:
- Know the central elements of corporate information systems including ERP systems
- Describe the role and integration of accounting systems in ERP systems
- Present the main business processes of a company and describe how these are supported by an ERP system
- List the main risks that ERP/accounting information systems face and the control categories and types that can be used to minimize these risks
- Know the main steps in information system audits
- Describe the main steps in the selection and implementation of ERP systems including accounting information systems

The student should:
- Match control types to threats
- Identify control weaknesses in descriptions of IT-supported business processes
- Propose controls to match risks in IT-supported business processes
- Design simple dataflow diagrams and flowcharts
- Interpret data flow diagrams and flowcharts describing information systems

The student should:
- Evaluate the need for different types of controls in a given IT-supported business process
- Evaluate the adequacy of internal control structures in various IT-supported business processes
- Plan the main steps of an overall information system audit
- Plan the main steps of an ERP selection and implementation project

Course assessment

Reading material

No reading material found.

Teaching and learning activities

Language of instruction

Icelandic

Occupational Health Psychology

V-816-OHPS

ECTS 3,75

Sustainable Finance

V-817-SUFI

ECTS 3,75