MySchool

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

Protection Philosophy for Smart-Grids

T-868-PROT

ECTS 8

MSc Thesis

T-899-MEIS

ECTS 30

MSc Thesis

T-900-MEIS

ECTS 30

MSc thesis II

T-901-MEI2

ECTS 30

Business Process Management

V-716-BPMA

ECTS 7,5

Entrepreneurial Finance

V-733-ENTR

ECTS 7,5

Business Intelligence and Analytics

V-784-REK5

ECTS 7,5

Entrepreneurship and Starting New Ventures

X-204-STOF

ECTS 6

Year

1. year

Semester

Spring 2024

Level of course

1. First cycle, introductory

Type of course

Core

Prerequisites

No prerequisites.

Schedule

Lectures, teamwork, 2-3 weeks at the end of term are assigned as teamwork for this course.

Lecturer

Atli Björgvinsson

Ásgeir Jónsson

Eva Rún Michelsen

Freyr Friðfinnsson

Sunna Halla Einarsdóttir

Svava Björk Ólafsdóttir

Content

The course aims at developing business ideas into business opportunities and a comprehensive business plan for the new company, which is divided into four main areas: (i) business opportunities and sources - the business idea. (ii) Preparation of a business plan - a reality test. (iii) Making a business plan. (iv) Introduction to business ideas for investors.

Learning outcome - Objectives

Learning outcomes refer to the knowledge, skills and ability within Nýsköpun og stofnun fyrirtækja (e. Innovation and founding startups) that students are expected to aquire during the semester. Knowledge: •Students can identify basic terms such as Business Model, Business Plan, Grants, Seed funding, Business Angels, VC Investments, Entrepreneurship Center, Incubators, Accelerators and Startups •Students understand a typical growth path for new startups. •Students can identify the services available for new startups in Iceland in different stages up until VC investments. •Students understand where to find information about the services available for startups on the web. Skills: •Students can pitch a short elevator pitch for an audience •Students can pitch a business idea to an investor •Students can draw an example of the growth path of new businesses •Students can understand media reporting regarding Startups •Students can talk to possible customers and acquire information regarding their needs and rather the business idea needs to pivot in order to meet those needs Competence: •Students are able to understand the effects of political decision making on the Entrepreneurial Eco System •Students realise what data gives information about the growth of the Entrepreneurial Eco System •Students can interpret media news regarding Startup Businesses •Students know what main documents are needed in founding a business in Iceland and key factors to think about before doing so

Course assessment

No assessment found.

Reading material

No reading material found.

Teaching and learning activities

No activities found.

Language of instruction

Icelandic

Exchange Studies

X-699-EXCH

ECTS 30

Sumar/Summer 2024