The University Council is the supreme authority in the internal affairs of Bifröst University. The Rector, Vice-Rector and Director of Academic Services all sit on the University Council, as do:
The Chief Financial and Operating Officer and the Interest Representative for Bifröst Residents both have the right to attend meetings of the University Council and to speak and make proposals, but they do not have voting rights.
Representatives of the teaching staff are appointed by the Education and Research Board, while the representative of the non-teaching staff is nominated at a staff meeting. Student representatives are elected by students. One alternate member is elected for each principal member.
The University Council decides on the following matters:
The University Council is also a forum for discussion and decision-making on other matters pertaining to the academic community.