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53 Affordable Master's degrees in Iceland
When searching for affordable master's degrees, international students often look for programmes that offer quality education without breaking the bank. In our system, any master’s programme with tuition fees ranging from 0 to 2,500 euros per year is considered affordable. Iceland, a small yet academically rich nation, stands out as an excellent destination for budget-conscious students. Here, affordable master's programmes can start from €0, meaning tuition-free education is available. This makes Iceland incredibly appealing for students searching for cheap master's degrees. With several top universities in Iceland offering such programmes, international students can pursue their academic goals without the burden of high tuition fees. For those considering a cheap master degree in Iceland, it's worth exploring the top universities in Iceland to find the perfect fit for their budget and academic aspirations.
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Mechanical Engineering
Graduates of the Mechanical Engineering program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of Mechanical Engineering.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Applied Statistics
Graduates of the Applied Statistics program at University of Iceland possess significant understanding of problems and subjects.
Master Full-time On-campus
1½ yearFree
University of Akureyri4,3(3)
Akureyri, Iceland Polar Law
Studies in Polar Law at University of Akureyri describes the legal regimes, rules, and processes applicable to the Arctic and the Antarctic.
Master Full-time On-campus
1½ yearFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Statistics
Graduates of the Statistics program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of statistics.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Methodology
With University of Iceland's Research Methodology program, you will learn how to look at numbers in context and explore research methods in the social sciences, with a particular focus on quantitative research methods.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Historical Archaeology
The Historical Archaeology program at the University of Iceland covers roughly a millennium of archaeology in the North, from the Vikings to VE Day. From Norse boat burials to WWII camps, you will explore the materialities and mentalities that shaped the world we live in today.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide International Business and Project Management
International Business and Project Management's focus at University of Iceland is on managing international companies, particularly international projects.
M.A. Full-time On-campus
1½ yearFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Computational Engineering
The Computational Engineering at University of Iceland is a two-year graduate study programme in computational engineering at the Faculty of Industrial Engineering, Mechanical Engineering and Computer Science, School of Engineering and Natural Sciences.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Aquatic Biology and Fisheries
The Aquatic Biology and Fisheries at University of Iceland emphasizes freshwater and marine ecology and fisheries in sub-Arctic environments.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Food Science
The Food Science program at University of Iceland is conducted in cooperation of the Department of Food Science and Nutrition at the University of Iceland.
M.Sc. Full-time On-campus
2 yearsFree
University of Akureyri4,3(3)
Akureyri, Iceland Natural Resource Sciences
A research-based master’s programme in Natural Resource Sciences from University of Akureyri will improve your knowledge and skills in tackling scientific work, as you become competent in dealing with challenging tasks.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide The Small State Studies - Small States in the International Systems
The Small State Studies - Small States in the International Systems programme at University of Iceland offers a detailed study of small state theories based on the literature on the state and the international system. It also emphasizes the opportunities and constraints facing small states in Europe.
Postgraduate Diploma Full-time On-campus
½ yearFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide International Affairs
The International Affairs program at University of Iceland is a 120 ECTS credit practical and theoretical study program. The aim of the study is to prepare students for the labor market and/or further research work.
M.A. Full-time On-campus
2 yearsFree
Iceland University of the Arts4,4(8)
Reykjavík, Iceland Performing Arts
The Performing Arts programme of Iceland University of the Arts is a question-led study that supports performance-related artists and art professionals to experiment and develop as practitioners and researchers through rigorous mentoring, extensive workshops and encounters with leading artists, thinkers and curators from around the world – as well as intensive peer-to-peer exchange.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Geology
In the Geology program at University of Iceland, the student will posses significant understanding of problems and subjects, based on the most recent information and research in the field of geology.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Civil Engineering
The Civil Engineering program at University of Iceland is designed to train students in building technology, conceptualizing, analysing, designing and detailing civil engineering structures for the modern society. Civil engineers play a vital role in designing buildings, bridges, roads, tunnels, harbour structures, power plants.
M.Sc. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Criminology
During University of Iceland's Criminology MA, students examine trends and debates on crime and explore the interactions between politics, criminology and criminal justice, and the impact of public policy in these areas.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Chemistry
Graduates of the Chemistry program at University of Iceland possess significant understanding of problems and subjects, based on the most recent information and research in the field of chemistry.
M.Sc. Full-time On-campus
2 yearsFree
Iceland University of the Arts4,4(8)
Reykjavík, Iceland Fine Art
The Fine Art programme of Iceland University of the Arts is structured to support your individual and progressive art practice.
M.A. Full-time On-campus
2 yearsFree
University of Iceland4,1(20)
Reykjavík, Iceland Top 3% in Worldwide Sociology
The Sociology programme at University of Iceland has the ambition to offer vigorous and challenging studies. The goal is that students graduating from the faculty have a solid education, which will provide many opportunities upon completion of studies.
M.A. Full-time On-campus
2 yearsFree
Frequently Asked Questions
To qualify for a master's programme in Iceland, you need to hold a recognised bachelor's degree in a relevant field. Most programmes require a minimum of a 2:2 (or equivalent) from an accredited institution. Additionally, you'll need to submit a comprehensive application, which typically includes academic transcripts, a personal statement, and letters of recommendation. English language proficiency is also crucial, often demonstrated through tests like IELTS or TOEFL. For specific programme requirements, visit the individual university's website. Iceland offers a range of affordable master's degrees, making it an attractive destination for international students seeking quality education without breaking the bank.
Iceland is home to several prestigious universities that offer high-quality, affordable master's programmes. The top universities in Iceland include Reykjavík University, the University of Iceland, and the University Centre of the Westfjords. These institutions are renowned for their academic excellence and innovative research. Reykjavík University, for instance, is known for its strong programmes in technology and business, while the University of Iceland offers a wide range of disciplines. The University Centre of the Westfjords is unique for its focus on sustainable development and rural innovation. Each of these universities provides budget-friendly options for international students.
Master's degrees in Iceland are remarkably affordable due to significant government funding and subsidies. The Icelandic government is committed to making higher education accessible, which results in low tuition fees for both domestic and international students. Additionally, the country's strong economy and high standard of living contribute to the overall affordability of education. This makes Iceland an attractive destination for students seeking quality education without the high costs associated with other European countries. With tuition fees often under €2,500 per year, Iceland offers a cost-effective solution for pursuing a master's degree.
Most master's programmes in Iceland are taught in English, making them accessible to international students. To enrol in these programmes, you'll need to demonstrate English language proficiency. This is typically done through standardised tests such as IELTS or TOEFL. Minimum score requirements vary by programme, but generally, a score of 6.5 on IELTS or 80 on TOEFL is common. Some programmes may also accept other recognised English language tests. It's important to check the specific language requirements for your chosen programme to ensure you meet the criteria for admission.
Yes, international students in Iceland are allowed to work part-time while pursuing their studies. You can work up to 20 hours per week during the academic term and full-time during holidays. This provides an opportunity to gain work experience and help cover living expenses. However, it's important to balance work with your studies to ensure academic success. Many students find part-time jobs in areas related to their field of study, which can be beneficial for their career prospects. Always check the specific work regulations and permits required for international students in Iceland.
While tuition fees for master's programmes in Iceland are low, there are other costs to consider. Living expenses, including accommodation, food, transportation, and personal expenses, can add up. On average, students should budget around €800 to €1,200 per month for living costs in Reykjavik. Additionally, you'll need to factor in the cost of health insurance, which is mandatory for all residents in Iceland. Application fees and the cost of obtaining a student visa are also considerations. It's important to plan your finances carefully to ensure you can cover all expenses while studying in Iceland.