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Vienna University of Economics

Ranked #103 in QS WUR Ranking By Subject 2023
Views: 25588
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Description of Vienna University of Economics

  • Location: Vienna, Austria;
  • Foundation year: 1898;
  • Educational programs: University preparation, Bachelor's, Master's program;
  • General number of students: 23 000 people (approximately 23% - foreign students);
  • Language of instruction: German;
  • The rector: Professor, Dr. Christoph Badelt.

The largest specialized university in Europe, intended for international students in economic fields, is the Vienna University of Economics (Wirtschaftsuniversität Wien), founded in 1898. Over the years of existence and successful work, the name of the institution has changed many times, but the goal of the studying has remained the same: the education of qualified and talented managers, directors of enterprises capable of establishing and developing a profitable business.

In 2007, the Vienna University of Economics received the prestigious quality mark EQUIS (European Quality Improvement System): it is the first Austrian university in Vienna accredited in this way (a total of 110 economic universities in 32 countries). Today, the Vienna University of Economics is ranked 16th in the world by the ranking of MBA programs and is included in the TOP-50 of the best business schools.

There are two main and popular faculties:

  • Socio-economic faculty.

Specialties: economic informatics, international economics, national economics, enterprise economics, socioeconomics with the option to select an additional qualification module. There are programs of magistracy and doctoral studies.

  • Economic / Entrepreneurial Law.

Master and PhD programs operate here.

The most popular specialties are:

  • Law;
  • Economics;
  • Business.

Graduates demonstrate an excellent level of academic skills and build a successful career in any country in Europe and the world, are part of the business and political elite.

Many of the graduates of the Vienna University of Economics became known to the whole world by specialists, political and scientific figures, Nobel laureates:

  • Franz Vranitzky (Federal Chancellor of Austria in 1986-1997);
  • Thomas Klestil (President of the Republic from 1992 to 2004, he received his doctorate at the age of 25).

In the educational process, all students participate in a large number of international and national conferences, symposiums, round tables - this is a chance to talk with the best specialists of their industry, to observe the application of the knowledge gained in practice, and to exchange experience with foreign colleagues.

The Vienna University of Economics actively participates in student exchange programs around the world (in total 215 economic schools participate in it) - in order to learn by exchange, it is necessary to prepare a certificate from your institution with the obligatory indication of the faculty.

Today more than 400 teachers work here, 82 of them having a professorship. Annually, the rector, Dr. Christopher Badelt, receives more than 800 applications from well-known global corporations who want to employ young graduate students. Former students maintain close ties with each other for many years - this is facilitated by the Career Center and the Alumni Club.

Programs and prices, tuition fees in Vienna University of Economics

Program name
date
Age
Dates
All year round
18+
from 385.00 € / semester
from 385.00 € / semester
There are either 2 semesters or 3 trimesters (terms) in one academic year

Quick overview: The program is conducted entirely in German - for foreign students special intensive courses are provided, so you can reach the required level already during studying, after enrollment.

Specialties are as follows:

  • Economy and Law;
  • Economics and Social Sciences.
Dates
All year round
21+
from 385.00 € / semester
from 385.00 € / semester
There are either 2 semesters or 3 trimesters (terms) in one academic year

Brief information: International students have the opportunity to obtain a master's degree, studying in English. Applicants must demonstrate a sufficiently high level of language (international certificates), provide a diploma of first higher education (bachelor's degree).

List of master's degree in the following areas:

  • Logistics, supply chain management;
  • Innovation and control of management.
Dates
All year round
21+
from 385.00 € / semester
from 385.00 € / semester
There are either 2 semesters or 3 trimesters (terms) in one academic year

About the educational program: since all teaching is conducted in German, students will need to demonstrate a sufficiently high language level (no lower than B2), and also present a diploma of basic higher education (bachelor / specialist).

List of specialties:

  • Finance and accounting;
  • Socioeconomics;
  • Information Systems;
  • Taxation and accounting;
  • Management;
  • Taxes, auditing and accounting.

Subjects and sports

Advantages

  • Ability to practice or internship in the best international organizations and companies. This is an invaluable experience of practical work and cooperation with the best specialists, thanks to which graduates immediately after the end of the programs are ready to begin to perform direct duties. Practices and internships will be a valuable mention in a personal resume and will impress employers.
  • Full self-realization, development of valuable business and personal qualities. Students become more independent, disciplined, attentive and persistent, they competently and objectively form their goals and ways to achieve them.
  • Wide travel opportunities: a special student card, which every student in Austria receives, gives you the chance to go to any country in the Schengen agreement. Austria borders on 8 developed and original states - this is an excellent opportunity to get acquainted with the new culture, customs, traditions, way of life and behavior.

Entry requirements, how to apply, what is required to enrol

The requirements change every year, so it's worth asking questions in advance and clarifying the actual information.

Please note that you can register for economic specialties only once a year (applications are accepted until May 30). On most specialties the entrance exams are accepted, compulsory also is the completion and submission of the registration application in the prescribed form.

Institution on the map

Residence permits, citizenship and other services

  • Guardianship services during the studies
  • Student supervision

Review about Vienna University of Economics

Sasha
(22.05.2022)
Hello, is there a Master's degree in English Logistics?
Answers:
S
Smapse Manager
Sasha, good afternoon. Our manager contacted you by the mail that you specified
Barkamol
(01.04.2021)
Hello, Is there an undergraduate degree in English?
Answers:
S
Smapse
Barkamol, good afternoon! The Vienna University of Economics has an undergraduate program in Business and Economics in English. Best regards, Smapse Education.
Victor
(07.10.2020)
Hello, tell me this question. If the daughter is studying at a gymnasium in Austria and will receive a Matura upon graduation. What is the process of entering a university with Ukrainian citizenship?
Answers:
S
Julia
If you enter a university with a Ukrainian passport, you will need to issue a study permit in Austria. It is better to address the question of matura diploma offset to the admissions office of the selected university. In most cases, it gives the right to enroll in undergraduate programs after leaving school / gymnasium.
Kamron
(26.05.2019)
Hello, Is there any undergraduate education in German?
Answers:
S
SMAPSE Manager
Camron, good afternoon. For training at this university, please contact him directly.
Oleg
(09.11.2017)
Hello, training in the correspondence department or online there?
Answers:
S
Consultant Smaps
Hello. No, studying at the Vienna University of Economics is possible only on a full-time basis.
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Recommendations on when to apply

Language courses, schools and children's language camps Primary and secondary education - private schools Preparation programmes for entering universities - higher education Higher education (after completing accredited programs A-level, IB, High School) - Bachelor, Master, MBA
- we recommend to apply 6-9 months before the start of the course (some camps and schools offer discounts for early booking or for lengthy study programs)
- there are some very popular and high demand children's camps, where the applications need to be submitted 1 year in advance (in particular Switzerland , Great Britain , USA , Canada , Austria)
- we recommend to apply one year before the start of the training program,
- some schools have a specific time frame (September-November - please specify an individual school)
- some schools require tests in several stages (UKISET, internal tests of the school: English, mathematics, logics, subjects, interview, some require a personal visit)
- we recommend to apply one year before the start of the program,
- for Foundation and Pathway programs, IELTS and TOEFL certificates are usually required, respectively

- recommended submission one year before the start of the program,
- the deadline normally closes in January, for TOP HEIs and, as a rule, in March in other universities
- for a bachelor, a Foundation or Pathway preparatory program a completed A-level, IB, High School + IELTS / TOEFL are required
- for Masters you need a graduated higher education, in some cases you need a pre-Masters program
- MBA requires completed higher education, work experience preferably at least 2-3 years, etc.

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Egor Eremeev
Current material has been prepared by Egor Eremeev
Education: Westminster University (Business & Management), London.
Egor studied and lived in the UK for 8 years and graduated from the university of Westminster. He is currently the co-founder and the director of business development at Smapse Education and personally visits foreign schools and universities, interviews students studying in those institutions.
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