Energy studies focuses on the extraction, manufacture, distillation, and sale of resources used to create power for maintaining societies. This ranges from traditional materials such as firewood and dung to modern sources including fossil fuels and nuclear power as well as alternative energy sources and future models.

One characteristic of Iceland's higher education system is a four-year course. After completion of undergraduate degree, The University of Icleand often have scholarships for those students who may want to further studies to master’s and doctorate levels. It is based in Vesturbær, Reykjavik and was founded in 1911.

The MSc, or Master of Science, is an internationally recognized academic degree that indicates proficiency and knowledge of a given topic or field. Most MSc programs take about four years to finish, after which some join the workforce while others continue on in the classroom.