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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

Stability and Control in Electric Power Systems

T-867-STAB

ECTS 8

Year

1. year

Semester

Spring 2024

Level of course

6. Second cycle, advanced

Type of course

Elective

Prerequisites

T-866-MODE, Stability and Control Models in Power Systems

Schedule

Taught for 12 weeks.

Lecturer

No lecturer found.

Content

To obtain knowledge about conditions in electric power systems that can lead to stability problems, to understand which physical mechanisms are the cause of power system instability, and to give the student insight in the theoretical background for analysis methods used for assessment of system stability. Hands-on experience will be obtained by carrying out numerical simulations and analysis in Matlab/Python, where students analyse different stability problems implementing and applying appropriate models and methods for analysis.

Learning outcome - Objectives

A student who has met the objectives of the course will be able to:

Knowledge:
• Explain the principal causes of power system stability problems (frequency, transient rotor angle, smallsignal rotor angle and voltage stability problems);
• Reflect on how the power system stability problems are affected by grid related limitation for the transfer of active power and the machine related limitation for the injection of active and reactive power;

Skills:
• Apply the mathematical model of the synchronous machine to analyze it under stationary and transient conditions;
• Explain the key concepts for primary frequency control in power systems and reflect on how inertina, loads´ frequency dependency and regulation constant influence the system´s frequency response ;

Competances:
• Analyze rotor angle small-signal stability problems by applying small-signal analysis;
• Analyze transient stability problems and describe means to protect the system against transient stability problem

Course assessment

The students will work on four hand-in assignments throughout the semester. The hand-in reports form the basis for the evaluation of their performance during the semester.

Reading material

No reading material found.

Teaching and learning activities

Lectures and practical sessions.

Language of instruction

English

Protection Philosophy for Smart-Grids

T-868-PROT

ECTS 8

MSc Thesis

T-899-MEIS

ECTS 30