Talk to Griffith University MBA student Hildur Hawksdottir about business in the 21st century and the conversation will immediately shift to sustainability.
"A business in the 21st century requires new values," she said.
"These values place a strong emphasis on the environment, sustainability and globally responsible leadership."
This is why Hawksdottir is studying in Australia.
She said the Griffith University MBA program has a distinctly global orientation - concentrating on a new generation of business leaders for a world without borders.
"The MBA focuses on values of the 21st century," Hawksdottir adds.
Incredibly Griffith's MBA enrolments in 2013 are on the rise, which bucks a national trend.
MBA enrolments across Australia fell from 32,000 in 2005 to 22,000 in 2012.
MBA Director at Griffith University, Dr Nick Barter, believes the surge in enrolments is due in no small part to the focus on these 21st century values.
Iceland native Hauksdottir comes from one of the most sustainable countries in the world.
"Everything I've studied incorporates sustainability in some way, even accounting. I didn't know sustainability had anything to do with accounting. But it does,” she said.
Hawksdottir is one of 61 MBA students to have started the 2013 program, a 22 per cent increase on Griffith's MBA enrolments in 2012.
"It's really important to know about sustainability and incorporating it into business. I think it's what distinguishes the MBA at Griffith from others," she said.
"In Iceland we use geothermal energy. Our electrical energy is harnessed from waterfalls. The gas that goes into our cars is almost our only non-sustainable use of energy.
"We almost take sustainability for granted in Iceland. But I am impressed by the awareness of sustainability in Australia. People talk about it a lot more than in Iceland. But it's also important for people here to act.”
Hildur graduated from Reykjavik University with a degree in engineering management in 2010.