Leadership is the ability to direct and manage other people, whether within formal or informal contexts. It requires skills such as decisiveness and communication, which may be acquired through participation in a leadership educational program.

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.