Business studies is an academic area of study that provides the knowledge and skills needed for a career in the business realm. Studies may consist of finance, accounting, economics, organizational studies, business ethics, and marketing.

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.

Online summer courses are offered by the overwhelming majority of post-secondary institutions. Online learning allows students to take courses from virtually anywhere in the world. Students looking for a nontraditional classroom experience should consider taking online summer courses.