For a Master's programme at the University of Iceland, students shall be chosen who have done well in an undergraduate programme and are likely to achieve results in further studies and work. The selection of Master's students shall proceed on the basis of academic achievement in undergraduate studies, professional qualifications, equality and fairness. Requirements for degrees and preparation for a Master's programme shall be clear and transparent and published accessibly on the University of Iceland's website. Further stipulations on necessary degrees and minimum grades are found in the Joint Rules of the University of Iceland and the special rules of faculties.

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