Bifrost University-Cooperative College 100 Anniv.

The origins of Bifröst University can be traced back to the Cooperative College which was founded in 1918. Its first headmaster was Jónas of Hrifla, a renowned polician. Today Bifröst University is a diverse university offering students education, knowledge and training in business administration and business jurisprudence, as well as philosophy, economics and political science. In the summer of 1955, the Cooperative College moved to Bifröst in Borgarfjörður where it has been since.

At the same time the College was reorganised as a boarding school. Now there is an impressive university campus at Bifröst numbering up to 700 inhabitants. The Cooperative School, the Business College at Bifröst and the University of Bifröst are all parts of the same institution. In the summer of 2003 the university began offering master’s degree courses. The number of students has grown rapidly in recent years. In 1998 around 120 students were enrolled in the university, while in 2017 a total of 850 students were enrolled. In the 2018 spring semester around 470 sudents are enrolled at Bifröst university. The university is divided into five faculties: the business faculty, the faculty of jurisprudence, the social science faculty, the faculty of preliminary studies and the faculty of continuing education.