Department of Engineering
Dean:Dr. Ármann Gylfason
Email:ru@ru.is
Website:http://www.ru.is/tvd
TeachersView
MSc in Financial Engineering
Semesters:4
Years:2
ETCS:120
About majorFjármálaverkfræði er þverfagleg grein sem samþættir fjármálafræði við verkfræðilegar aðferðir, stærðfræðileg líkön, tölfræði, aðgerðagreiningu og hagnýta tölvunarfræði. Nám í fjármálaverkfræði hentar þeim sem hafa áhuga á t.d. áhættustýringu, afleiðuviðskiptum eða fjárstýringu. MSc námið er mótað að kröfum Verkfræðingafélags Íslands um fullnaðarmenntun í verkfræði.
Learning OutcomesView
Education cycle2
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Mandatory course on majorTeaching language
Optional course on majorPrerequisites for course
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Vorönn/Spring 2024
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Sumar/Summer 2024
More infoGraduate Research Opportunities IElectiveT-829-GRO1ECTS 6
More infoExchange StudiesElectiveX-699-EXCHECTS 30
Haustönn/Fall 2024
More infoSpecial Topics in Energy IElectiveSE-801-STEECTS 1
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More infoSpecial Topics in Energy IIIElectiveSE-806-STEECTS 6
More infoEmbedded System ProgrammingElectiveT-738-EMBEECTS 8
More infoSimulation IIElectiveT-806-SIMUECTS 6
More infoQuality ManagementElectiveT-807-QUALECTS 6
Year
1. yearPrint
SemesterFall 2024
Level of course4. Second cycle, introductory
Type of courseElective
PrerequisitesNo prerequisites.
ScheduleNo schedule found.
Lecturer
No lecturer found.
Content
It is assumed that students have at least minimum background in statistics. It is also important that students have finished a BS (or BA) degree or have considerable experience in management.The course covers the quality management as a management science and its important sub disciplines such as lean and 6 sigma. Among the subjects of the course are the quality concept, clients, quality culture, suppliers and quality cost. Management systems, improvement, management standatrds, quality system design, certificiation and audits. Statistical quality control, use of SPC and process capability  
Learning outcome - Objectives
Students who conclude this course can:
  • Explain the nature and meaning of quality management as a scientific discipline, explain its history and main concepts and argue for its utility and limits in the management of organisations.
  • Explain the connection between quality management and popular ideas/methods/concepts such as lean and 6 sigma.
  • Use the practices of continuous improvement, processes, tools and techniques, in the analysis and solviing of real problems, put forward suggestions for problem solving and explain them verbally and in written text.
  • Assess the capability of processes and present simple SPC charts.
  • Explain the nature and structure of ISO9001.
  • Assess the status of an organization in context with ISO9001, designed a very simplified version of a quality manual and deliver professional output verbally and in written text.
Course assessment
Project A, project B and a Final exam.
Reading material
No reading material found.
Teaching and learning activities
To be announced.
Language of instructionEnglish
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Vorönn/Spring 2025
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