An MBA in Marketing is an advanced course of study that is typically taken to propel careers in the field of Marketing and Advertising. Depending on the curriculum of the educational institution, students can be offered such courses as market research, corporate and retail communications, and social media marketing strategies.

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.