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Department of Engineering
Dean:	Dr. Ármann Gylfason
Email:	ru@ru.is
Website:	http://www.ru.is/tvd
Teachers	View

MSc in Financial Engineering
Semesters:	4
Years:	2
ETCS:	120
About major	Fjármálaverkfræði 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 Outcomes	View
Education cycle	2

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	Mandatory course on major		Teaching language
	Optional course on major		Prerequisites for course

Vorönn/Spring 2024

Energy Financial Assessment

SE-833-FA2

ECTS 6

Engineering Optimization

T-423-ENOP

ECTS 6

Sleep

T-424-SLEE

ECTS 6

Decision Analysis for Management

T-603-AKVA

ECTS 6

Internship in Engineering I

T-706-INT1

ECTS 6

Internship in Engineering II

T-706-INT2

ECTS 6

Systems Biology

T-765-SYBI

ECTS 8

Project Management and Strategic Planning

T-803-VERK

ECTS 8

Derivatives and risk management

T-814-DERI

ECTS 8

Creating a Complete Business Plan for a Technical Idea - Entrepreneurship and the Innovation Process

T-814-INNO

ECTS 8

Modern Trends in Financial Engineering

T-816-MTFE

ECTS 8

Tissue Engineering and Biomaterials

T-828-TISS

ECTS 8

Graduate Research Opportunities I

T-829-GRO1

ECTS 6

Finite Element Analysis in Engineering

T-844-FEMM

ECTS 8

Neural Engineering

T-863-NEUR

ECTS 8

Wind Power

T-863-WIND

ECTS 8

Power System Operation

T-867-POSY

ECTS 8

Year

1. year

Semester

Spring 2024

Level of course

6. Second cycle, advanced

Type of course

Elective

Prerequisites

No prerequisites.

Schedule

No schedule found.

Lecturer

Ragnar Kristjánsson

Content

Symmetrical components, Modelling of transformers, lines and cables in the positive, negative and zero sequences based on physical models, The impact of different earthing principles, Methods for power system analysis in steady state operation and during grid faults, Faulty system operation, balanced and unbalanced faults, Symmetrical components and unbalanced fault analysis, Basic protective methods and principles, Load flow calculations in steady-state power system analysis, Model complex power system operation issues for economic and secure operation, Load flow calculations in steady-state power system analysis, Model complex power system operation issues for economic and secure operation, Principles for regular power flow and optimal power flow methods, Power system operation principles and basic functions in energy management system. Optimization techniques to solve fundamental operation problems, N -1 steady state contingency analysis, Transmission lines Transient operation, Insulation coordination, Power system state estimation and the incorporation with phasor measurement units; (Smart Grids). Practical assignments solved in the numerical simulation program Power World.

Learning outcome - Objectives

Knowledge: By the end of the course, the students will be able to;• Explain and use the mathematical formulation and use of symmetrical components. • Model transformers, lines and cables in the positive, negative and zero sequences based on physical models• Explain the impact of different earthing principles, • Explain the main principles for modelling and analysis of power systems subject to symmetrical and unsymmetrical faults, • Describe faulty system operation, balanced and unbalanced faults;• Understand and explain basic protective methods;• Use and explain principles for regular power flow and optimal power flow methods, • Describe power system operation principles and basic functions in energy management system. Skills: By the end of the course, the students will be able to;• Apply methods for power system analysis in steady state operation and during grid faults• Apply symmetrical components for unbalanced fault analysis;• Apply basic system protection principles;• Perform load flow calculations and use them for steady-state power system analysis;• Model complex power system operation issues for economic and secure operation;• Apply optimization techniques to solve fundamental operation problems;• Perform N-1 steady state contingency analysis;• Perform basic transmission lines transient operation calculations• Apply basic methods of Insulation coordination.Competence: By the end of the course the students will be able to;• Describe, formulate, model and simulate in general power system operation main issues, including power flow calculations, unbalanced faults calculations, system protection and basic insulation coordination and simple transient calculation.• Validate general power system operation issues, calculation and simulations outcome.

Course assessment

Written exam, project.

Reading material

No reading material found.

Teaching and learning activities

Lectures and practical sessions.

Language of instruction

English

Stability and Control in Electric Power Systems

T-867-STAB

ECTS 8

Protection Philosophy for Smart-Grids