Bifröst University is proud to present a Master program fully taught in English. MA International Political Economy is a new 90 ECTS program starting in August 2019.

Admission Requirements

  • Bachelor’s degree or equivalent qualification, pursuant to the National Qualification Framework for Higher Education and Degrees from 2011
  • A comprehensive motivation letter
  • Toefl score: 72 / IELTS score: 6 / CEFR: B2

Application deadline

May 15, 2019

Tuition fee

15.000 €

IPE with emphasis on Gender Equality and the Nordic

The MA in International Political Economy (IPE) is an interdisciplinary course with a broad scope and has a solid foundation in Bifröst University’s position as a Nordic university in close proximity to the Arctic region. This study course prepares students for undertaking professional responsibilities in international forums, including international organizations, NGO´s, multinational corporations, media and other agencies and practices in which understanding of the global interdependence between processes of economic flows and political governance is valuable.

This master program is mainly taught online but students will clearly see the benefits of living in Bifröst campus with close proximity to inspiring nature, to the campus library and to a part of the faculty that lives on campus. The cost of living in Bifröst campus is relatively low and the student union actively organizes events throughout the school year.

Each semester has two modules with two courses in each module and two ´on campus´ workshops, one at the beginning of the program (August 2018) and one in the end (May 2019). Students can work on the MA thesis from June 2019 to December 2019.

Studying in Bifröst, Iceland

Studying in Bifröst is a unique opportunity to get to know the land of ice and fire. Students get the chance to create truly memorable moments in a friendly and peaceful environment and to explore the unspoiled nature of Iceland.

Did you know that in Bifröst:

  • The locals are generally well educated and friendly
  • Most of the food is organic
  • Salaries are high as well as the standard of living
  • The average temperature in the winter time is around 0°C and without humidity.
  • Nature is so unspoiled that it is safe to drink water from the nearest creek.

Did you know that in Iceland:

  • 85% of the energy is renewable
  • English is a second language
  • Gender equality is ranked at the top in the world
  • The crime rate is among the lowest in the world
  • Life expectancy is the among the highest in the world and Icelanders have for a long time been ranked among the happiest people in the world

Program structure

The study programme is 90 credits at the Master’s level and is taught primarily through distance learning, during autumn and spring semesters, along with two intensive on-campus seminars. The programme starts with a kick of session on campus in August. During regular term time, students must complete eight separate subject-specific modules. All individual modules are taught in seven-week sessions, each of which concludes with student learning assessment (see course descriptions for individual courses). There are two sessions to a semester, and courses are divided equally between sessions. Teaching concludes with an on-campus session in Iceland during the summer term.

Normal study progress involves completion of five courses (30 ECTS) in the autumn semester (including kick-off session), five courses (30 ECTS) in the spring/summer semesters and a final Master’s thesis project (30 ECTS) in the fall semester of the following academic year. A full-time student will thus complete the programme in 18 months.

Teaching methods

The study programme emphasizes scientific methods, comprehension and student research competencies in the field of international political economy. The objective of the study programme is to qualify students to carry out research in the field of the international political economy at the same time as they gain the knowledge and proficiency to hold positions in administration or at institutions of all stripes with an involvement in international business and politics.

One ECTS credit is considered to correspond to 25-30 hours of student work. This work includes all reading, assignment work, preparation for final examinations, presentations, lectures and all other work that students complete in connection with a course.

Learning outcomes

Knowledge and understanding

  • Degree holders have gained a systematic understanding of the historical development and structure of the global economy;
  • Degree holders have gained a deep knowledge of current issues, trends in the field of international political economy;
  • Degree holders show understanding of the national and international mechanisms that allow Nordic countries to occupy a competitive position in the global value chain.

Type of knowledge

  • That degree holders have an important awareness of issues and challenges, based on the latest information and research in the field of international political economy.
  • That degree holders have acquired knowledge through coursework, research and use of the Internet for knowledge acquisition in a specialised field of expertise within an international political economy.

Practical skills

  • That degree holders can make an independent assessment of challenges, make professional decisions and justify them in a clear manner on the basis of their knowledge in the field of international political economy.
  • That degree holders have the ability and competences to assess, analyse and obtain scientific data relating to economic and political unrest on the international scene.
  • That degree holders can understand and address complex challenges in the field of international communications in a professional context and collaboration.

Theoretical skills

  • That degree holders can independently assess when different methods of analysis and complex theoretical considerations are applicable
  • That degree holders demonstrate a deeper and improved understanding of and a broader perspective on their field of expertise within international political economy than entailed in studies at the first higher education cycle.
  • That degree holders have learned to think critically.
  • That degree holders have the ability to integrate knowledge and resolve complex issues and can apply the research process effectively and independently carry out research projects.

Learning skills

That degree holders have developed the learning skills and autonomous working methods necessary for them to continue on to further study at the third higher education cycle, which is largely based on autonomous working methods.

Program taught in:
Last updated September 28, 2018
This course is Online, Online & Campus Combined
Start Date
Aug 2019
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15,000 EUR
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