The University General Forum is chaired by the Rector and brings together representatives from all of the faculties, the student body, teachers' associations, institututes, and administrative office within the University, along with representatives from the Ministry of Culture and Education. Its main function is to discuss the role of the University in broad terms and to prepare and shape the University s research and education policy. The Council is the highest governing body within the University and works to promote the interests and objectives of the University and its institutes. It prepares matters for presentation by the University to the Icelandic Parliament or to the various government ministries, and supplies relevant information to these bodies. Each Faculty elects from among its professors a Dean.
Deans head their respective faculty councils and direct faculty council meetings.
Most faculties are divided into several departments. Under the direction of their own chairpersons the departments have considerable autonomy. The role of the Student Council is to promote the cultural and social interests of students, and it appoints representatives to the University Council. The Student Council runs an accommodations service, student rights office and an employment agency. Through the Student Council, access can be gained to sports facilities, entertainment, libraries, and culture and leisure facilities.