1. I Information identiffing the holder of the qualification
1.1 Family name(s)
Sveinsson
1.2 Given name(s)
Niels
1.3 Date of birth (day/month/year)
20/04/1972
1.4 Student identification number or code (if available)
200472-2929
2 Information identifying the qualification
2.1 Name of qualification and (if applicable) title conferred (in original language)
Meistarapr6f
2.2 Main field(s) of study for the qualification
Sustainable Energy and Business
2.3 Name and status of awarding institution (in the original language)
H6sk6li islands (University of lceland), state recognised and state-financed higher education institution. Accredited by
the Ministry of Education and Culture after an accreditation process in2007 and 2008.
2.4 Name and status of institution (if different from 2.3) administering studies (in the original
language)
Same as 2.3
2.5 Language(s) ofinstruction/examination
English
3 Information on the level of the qualification
3.1 Level of qualification
Cycle two, level four according to the Qualification Framework for lceland.
3.2 Official length of programme
Full time study for 18 months. 120 ECTS credits.
3.3 Admissionrequirements
A BS degree in Business or equivalent with the minimum average grade of 7 .25 out of 10, or equivalent. Good skills in
the English language are required.
4 Information on the contents and results gained
4.1 Mode of study
Full time studies.
4.2 Programmerequirements
The programme consists of 120 ECTS credits, completed over 18 months, including a 60 ECTS research project. In
some cases the research project can be 30 ECTS. Students are registered at both the University of Iceland and
Reykjavik University and can attend courses at both universities. The 18 months are split into three semesters. Students
also work on their projects during the summer between semesters two and three. The programme is directed by the
REYST Academic Council with three representatives from each partner (UoI, RU and Reykjavik Energy).
The programme starts in August and is completed with a graduation ceremony in January, 18 months later. Courses are
in English. Students are required to take 60 ECTS (in some cases 90 ECTS) in courses. The course selection for each
student depends on the field of speciality. All students are required to take at least five REYST courses while the
remaining five may include other REYST courses or graduate courses from the curriculum of the Universities,
considered suitable by the Academic Council. All students need to take the following courses: M-l Introductory
Fieldtrip, M-4 Introduction to energy economics, M-5 Overview of sustainable energy systems and M-6
lnterdisciplinary proj ect course.
The programme starts with the course M-l Introductory Fieldtrip, which is only open to REYST students. This course
runs for three weeks prior to the start of the autumn semesters of the Universities. It is a held tour studying the nature
of Iceland and geothermal and hydroelectric power plants.
Research projects are approved by the Academic Council. Supervision and appointment of MS committee members is
according to the regulations set by the Universities.
2004722929 - 1

2. Learning Outcomes
MS in sustainable energy - with emphasis on business
An eighteen months theoretical and practical programme of studies at level 4 in business administration within the
field of sustainable energy in the REYST programme and the School of Business at the University of Iceland. The
programme provides 120 ECTS units of credit and qualifies for the degree of magister scientiarum, MS. The entrance
requirements are a BS-degree in business or economics, or a comparable qualification, usually completed with the mark
7 .25 or higher.
The scope of the research project shall be 60 ECTS units. The MS degree provides access to third cycle doctorate
studies.
Type of knowledge
The student possesses significant understanding of problems and subjects, based on the most recent information and
research in the field ofbusiness.
The student has acquired knowledge by attending courses and carrying out research in a specific area of business.
Knowledge ability and skills
On completion of the master's degree the student should have fulfilled the following criteria in addition to those
fulfilled at the previous level:
l. Knowledge and understanding
Ll. The student has broadened and deepened hisAer knowledge of a selected subject area within business related to
sustainable energy and has acquired systematic understanding of the most recent knowledge within that area and the
research methods used.
L2. The student has acquired a broad-based understanding of sustainable energy systems.
I .3 . The student has acquired deeper knowledge of the application of business in the held of sustainable energy,
1.4. The student is able to use his/her knowledge and understanding in a professional manner within his/her field of
expertise.
1 .5 . The student has acquired the ability to reason and substantiate his/her opinions about his/her research work and its
relevance to basic knowledge in the field of sfudy.
1.6. The student has acquired the ability to provide a written review ofresearch relevant to his/her field ofstudy.
2. Practical ability and skills
2.1. The student is able to design, organize, develop and execute experiments or projects within his/her field of
expertise.
2.2.The student knows of hazards and safety rules within his/her field.
2.3. The student is able to write a research plan.
2.4. The student can assemble and develop appropriate methods for the purpose of answering research questions
within hisiher area of expertise.
2.5. The student is able to describe and explain the basis and limitations of the methods most commonly used in
his/her field.
2.6.The student is capable of efficiently using all common laboratory or field instruments used within his,/her field of
expertise.
2.7 . The student is able to work in a team and can contribute to the organization and execution of research.
2.8. The student has demonstrated his/her ability to keep clear records ofresearch data.
2.9. The student has demonstrated an ability to provide a written overview of research concerning his/her held of
knowledge.
2.10. The student is able to write scientific abstracts, articles andreports.
3. Theoretical skills
3.1. The student can in an independent and professional manner define a research topic, formulate research questions
and hypotheses.
3.2. The student can independently assess which methods are appropriate as an approach to the analysis and
investigation of problems.
3.3. The student is able to define and describe what is involved in well organized and executed experiments.
3.4. The sfudent is able to use appropriate data handling tools including the use of appropriate software.
3.5. The student has increased and deepened his,/trer understanding and acquired a wider knowledge of his/her field
than that acquired at the previous level ofstudy.
2004722929 - 2

3. 4. Communication skills and information literacy
4.1. The student is able to organize his,/her work and time, meet reporting targets, work professionally with his,&er
co-workers, organize his/irer career, and is aware of his,&er work and research options.
4.2. The student has an ability to use information technology, including scientihc journals, databases and the
presentation of data and results, orally, in written form or on the web.
4.3. The student is able to initiate research and development projects within hisArer field of expertise.
4.4. The student is able to direct well-defined projects in hisiher field and be responsible for the work of individuals
and groups.
5. Leaming skills
5.1. The student has acquired the learning skills and independence needed to undertake further studies, maintain
his/her knowledge and add to it. He/she is ready to begin studies towards the doctorate at third cycle level.
4.3 Programme details (e.g. modules or units studied) and the individual grades/marks/credits
obtained
Number Course
VIDl30F MS-Thesis
VID096F Other Studies
REY204F M-6 Interdisciplinary Proiect Course
REYl0lF Introduction to Earth Sciences
REYl03F M-4 Introduction to energy economics
REYl05F 82 Profitability Assessment and Financing
4.5
5
5.1
<)
6
6.1
6.2
7
7.1
7.2
Kristin Klara Einarsd6ttir
7.3 Capacity
Administrative Officer
7.4 Offrcial stamp or seal
2004722929 - 3
ECTS
60,0
58,0
6,0
6,0
6,0
6,0
142
Grade
8,5
Transferred
9,0
7,0
8,0
8,0
Finished
Dec 2010
Dec 2010
May 2010
Dec2009
Dec 2009
Dec2009
4.4
Master's -thesis: Profitability assessment for a Tidal Power Plant in Hvammsfiord area.
Grading scheme and, if available, grade distribution guidance
As a general rule grades are expressed on the 0-10 scale, where the passing grade is 5 and above.
Course grades are given in increments of 0,5. Grade averages are computed to two decimal places: 5,00 to 5,99 is
graded as Third Class, 6,00 to 7,24 as Second Class, T ,25 to 8,99 as First Class, 9,00 to 10,00 as First Class with
Distinction.
Overall classification of the qualification (in original language)
Fyrsta einkunn (First class): 8,36
Information on the function of the qualification
Access to further study
The MS degree gives access to Ph.D. studies in Iceland.
Professional status (if applicable)
No professional status accompanies the degree.
Additional information
Additional information
Further information sources
REYST homepage: http://www.reyst.is/
University of Iceland homepage : http ://www.hi. is/
Reykjavik University homepage: http://www.ru.is/
Certification of the supplement
Date
January 28,2011
Signature
uNlllfin$t rY {}F r{,etAfij*
5Ct-looL Gi: $u5rNF55