Careers such as compliance analyst, director of control and client operations associate may rely largely on the development of management skills. These may be honed through the pursuit of an education in management control, which attempts to ready students for a variety of leadership-oriented jobs.

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.

Courses are academic classes taught by qualified instructors that are intended to enhance participant’s knowledge of a given area or training in a particular discipline. Courses vary broadly in terms of length, size, content and duration.