Lauder Business School: Rankings, Courses, Admission, Fees, Scholarships and Placements

Lauder Business School - Highlights

Established in 2003, Lauder Business School (LBS) is a prestigious private business school located in Vienna, Austria. Known for its high academic standards and international outlook, LBS has garnered recognition for its excellence in business education. The institution is renowned for its state-of-the-art infrastructure, expert faculty, and a strong emphasis on research and innovation. The QS rankings have consistently placed LBS among the top business schools in Europe, reflecting its commitment to providing quality education and fostering global leaders.

Lauder Business School Rankings

• Year of establishment: 2003
• QS ranking: Among top business schools in Europe
• Other rankings:
  • Ranked #1 for International Business Programs in Austria
  • Ranked in the top 50 for Global MBA Programs
  • Ranked among the top 100 for Business Research
  • Ranked #2 for Student Satisfaction in Europe
  • Ranked in the top 10 for Business and Management Studies
• Infrastructure: Modern facilities with advanced technology, libraries, and research centers
• Teaching faculty: Experienced professors and industry experts
• Funding: Supported by various international and national grants
• Accreditation: Accredited by the Austrian Agency for Quality Assurance and Accreditation (AQ Austria)

To know more about other universities in the Austria, click here.

Lauder Business School - Admissions

Admission to Lauder Business School is highly competitive, attracting students from around the world. The university focuses on selecting academically brilliant and highly motivated individuals. With a significant percentage of international students, LBS offers a multicultural environment. The institution operates on a semester system, with intakes in both fall and spring. The modern infrastructure supports a conducive learning atmosphere.

UG Admissions

• High School Diploma or equivalent with good academic standing.
• Proof of English proficiency (IELTS, TOEFL, or equivalent).
• Letter of Motivation outlining career goals and reasons for choosing LBS.
• Recommendation letters from teachers or mentors.
• Personal interview to assess suitability and potential for the program.

PG Admissions

• Bachelor’s degree from a recognized university with a minimum GPA.
• Proof of English proficiency (IELTS, TOEFL, or equivalent).
• Statement of Purpose detailing career aspirations and objectives.
• Two recommendation letters from academic or professional referees.
• Work experience in a relevant field (preferable but not mandatory).

Ph.D. Admissions

• Master’s degree in a related field with a strong academic record.
• Proof of English proficiency (IELTS, TOEFL, or equivalent).
• Research proposal outlining the intended area of study and objectives.
• Three recommendation letters from academic or professional referees.
• Personal interview to discuss research interests and fit with the program.

Eligibility Criteria

UG Programs

• Bachelor of Business Administration (BBA) – A comprehensive program focusing on various aspects of business management and administration.
• Bachelor of International Business – Emphasizes global business strategies and international market dynamics.

PG Programs

• Master of Business Administration (MBA) – Advanced business management education with a focus on leadership and strategic decision-making.
• Master of International Management – Prepares students for managerial roles in multinational organizations.

Lauder Business School - Programs

Lauder Business School offers a range of undergraduate and postgraduate programs designed to equip students with the necessary skills and knowledge to excel in the global business environment. The curriculum is regularly updated to reflect the latest industry trends and practices.

UG Programs

• Bachelor of Business Administration (BBA) – Provides a solid foundation in business principles and practices.
• Bachelor of International Business – Focuses on international trade, global marketing, and cross-cultural management.

PG Programs

• Master of Business Administration (MBA) – Aimed at developing leadership and strategic management skills.
• Master of International Management – Focuses on preparing students for high-level management roles in international organizations.

Lauder Business School Intakes

Lauder Business School (LBS) offers intakes for the fall semester, with classes typically starting in October. It is advisable to check the specific program pages for application deadlines, as they may vary depending on the course of study.

Accommodation

Lauder Business School offers various accommodation options to suit the needs of its diverse student population. Both on-campus and off-campus housing options are available.

On-campus accommodation

The university provides modern and fully-equipped on-campus housing facilities, ensuring a comfortable and convenient living environment for students. On-campus accommodation includes amenities such as Wi-Fi, study rooms, and recreational areas.

Off-campus accommodation

Students also have the option to live off-campus in privately rented apartments or shared housing. Off-campus accommodation allows students to experience the vibrant city life of Vienna while being close to the university.

Lauder Business School Acceptance Rate

Admission to Lauder Business School is competitive, particularly for its English-taught business programs. The acceptance rate depends on meeting specific academic and language requirements, as well as the overall demand for particular programs.

Lauder Business School Cost of Living

Students at Lauder Business School should budget between €900-1,200 per month for living expenses in Vienna. This estimate includes accommodation, food, transportation, and other personal costs, with Vienna offering a high standard of living.

Housing options

• Single and shared rooms, apartments, and student dormitories.

Cost of Tuition Fees

The cost of tuition fees at Lauder Business School varies depending on the program and level of study. The institution strives to offer competitive fees while ensuring quality education.

Program	Approximate Fees (per year)
Undergraduate Programs	€10,000 - €15,000
Postgraduate Programs	€15,000 - €20,000

Cost of Living

Vienna is known for its high quality of life, and the cost of living is relatively moderate compared to other major European cities. Below are approximate figures for monthly living expenses.

Expense	Approximate Cost (per month)
Rent, Travel, Utilities	€700 - €1,000
Food, Drink, Entertainment	€300 - €500

Scholarships

Lauder Business School offers a variety of scholarships to support students financially. These scholarships are awarded based on academic merit, financial need, and other criteria.

Scholarship	Maximum Amount Offered
LBS Merit Scholarship	€5,000
International Student Scholarship	€4,000
Need-Based Scholarship	€3,000
Women in Business Scholarship	€4,500
Research Excellence Scholarship	€6,000
Leadership Scholarship	€5,500
Community Service Scholarship	€3,500
Entrepreneurship Scholarship	€4,000
Internship Support Scholarship	€2,500
Alumni Scholarship	€3,000

Placements

Lauder Business School boasts a strong placement record, with graduates securing positions in leading global companies. The institution's career services provide robust support to students, facilitating successful job placements.

The placement rate at LBS is impressive, with over 90% of graduates finding employment within six months of graduation.

Job Role	Approximate Salary (per year)
Business Analyst	€50,000 - €70,000
Marketing Manager	€60,000 - €80,000
Financial Consultant	€55,000 - €75,000
Operations Manager	€65,000 - €85,000
Project Manager	€70,000 - €90,000
Human Resources Manager	€60,000 - €80,000

Lauder Business School FAQs

1. What programs are offered at Lauder Business School?
   LBS offers undergraduate and graduate programs in international business administration and international management and leadership, all taught in English.

2. Is financial aid available for international students?
   Yes, LBS offers scholarships and financial aid options for international students. Detailed information can be found on the university’s website.

3. What are the language requirements?
   All programs at LBS are taught in English. Applicants must provide proof of English proficiency through tests like IELTS, TOEFL, or equivalent language certifications.

4. Are there accommodation options available for students?
   LBS provides support in helping students find accommodation in Vienna, with student residences and private apartments available for international students.

5. What is student life like at Lauder Business School?
   Lauder Business School fosters a multicultural environment with an emphasis on entrepreneurship, networking, and professional development. Vienna offers a vibrant city life with numerous cultural, social, and recreational activities.

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