GRÓ GTP is academically governed by a Studies Board, composed of experts from Iceland's leading research institutes which are responsible for each of the specialized courses. The GRÓ GTP Director is the chairman of the Studies Board.
The Studies Board serves a very important role in setting the academic standards for the training and in designing training schedules for each individual Fellow.
| GRÓ GTP: | |
|  Bjarni Richter GRÓ GTP Director (Chairman) |  Gudni Axelsson (Reservoir Engineering) | 
| ÍSOR - Iceland GeoSurvey: | |
|  Finnbogi Óskarsson (Chemistry of Thermal Fluids) | 
 | 
|  Helga Margrét Helgadóttir (Geothermal Geology) | |
| University of Iceland: | |
|   | |
| Reykjavík University: | |
|  Dr. María Sigríður Guðjónsdóttir (Geothermal Utilization) |  Dr. Helgi Þór Ingason (Project Management and Finance) | 
| COWI: | |
| 
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 Egill Árni Guðnason
Egill Árni Guðnason Dr. Brynhildur Davíðsdóttir
 Dr. Brynhildur Davíðsdóttir Kristinn Ingason
Kristinn Ingason