Vienna University of Economics and Business: Rankings, Courses, Admission, Fees, Scholarships and Placements

Study Abroad Team 27/06/2024

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Vienna University of Economics and Business Highlights

Established in 1898, the Vienna University of Economics and Business (WU) is one of the most prestigious universities in Europe. Known for its excellent academic programs in business and economics, WU holds a prominent place in global university rankings. The university boasts state-of-the-art infrastructure, experienced teaching faculty, and a robust funding system. WU is accredited by several international organizations, ensuring that its degrees are recognized and respected worldwide.

  • Year of Establishment: 1898
  • QS Ranking: Consistently ranked among the top universities in Europe
  • Other Rankings:
    • Ranked 45th globally in Business and Management Studies
    • Ranked 51-100 globally in Economics and Econometrics
    • Ranked 101-150 globally in Accounting and Finance
    • Ranked 151-200 globally in Social Sciences and Management
    • Ranked 201-250 globally in Law and Legal Studies
  • Infrastructure: Modern campus with advanced facilities
  • Teaching Faculty: Experienced and renowned experts in their fields
  • Funding: Supported by both government and private sector
  • Accreditation: EQUIS, AACSB, and AMBA accredited

Vienna University of Economics and Business Admission

Admission to WU is competitive, with a significant percentage of international students. The university follows a semester system with intakes in the winter and summer. WU offers a variety of undergraduate, postgraduate, and Ph.D. programs. The admission process is rigorous, requiring a strong academic background and relevant qualifications.

  • Percentage of International Students: Approximately 25%
  • Semesters and Intakes: Winter and Summer intakes
  • Infrastructure: World-class amenities and modern facilities

UG Admissions

  • High school diploma or equivalent qualification
  • Proof of English or German language proficiency
  • Valid SAT or ACT scores
  • Statement of purpose and letters of recommendation
  • Relevant extracurricular activities and achievements

PG Admissions

  • Bachelor's degree in a relevant field
  • Proof of English or German language proficiency
  • Valid GMAT or GRE scores
  • Statement of purpose and letters of recommendation
  • Relevant work experience (for certain programs)

Ph.D. Admissions

  • Master's degree in a relevant field
  • Proof of English or German language proficiency
  • Research proposal
  • Letters of recommendation from academic referees
  • Relevant work experience and publications

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

Vienna University of Economics and Business Programs

WU offers a wide range of undergraduate and postgraduate programs, designed to equip students with the skills and knowledge required for successful careers in business and economics.

UG Programs

  • Bachelor of Science in Business, Economics and Social Sciences: A comprehensive program covering various aspects of business and economics.
  • Bachelor of Science in Business Law: Combines business studies with an understanding of legal principles.
  • Bachelor of Science in International Business Administration: Focuses on global business strategies and practices.

PG Programs

  • Master of Science in Finance and Accounting: Prepares students for careers in finance and accounting.
  • Master of Science in Marketing: Provides in-depth knowledge of marketing strategies and techniques.
  • Master of Science in International Management: Focuses on management practices in an international context.
  • Master of Science in Economics: Advanced studies in economic theory and practice.
  • Master of Science in Business Analytics: Equips students with skills in data analysis and business intelligence.

Accommodation

WU offers a range of accommodation options to suit different needs and budgets. On-campus accommodation is available in modern dormitories, providing a convenient and comfortable living environment. Off-campus accommodation options include private apartments and shared housing, offering flexibility and independence.

  • On-campus accommodation: Modern dormitories with various amenities.
  • Off-campus accommodation: Private apartments and shared housing options available.
  • Housing options: Various options to suit different needs and budgets.

Cost of Tuition Fees

The tuition fees at WU vary depending on the program and level of study. Below are the approximate figures:

Program Approximate Fees (per year)
Undergraduate €1,500 - €3,000
Postgraduate €2,000 - €4,000

Cost of Living

The cost of living in Vienna is reasonable, with the following approximate figures:

Expense Approximate Cost (per month)
Rent, Travel, Utilities €400 - €600
Food, Drink, Entertainment €200 - €300

Scholarships

WU offers several scholarships to support students financially. Below is a list of the top 10 scholarships available:

Scholarship Maximum Amount Offered
WU Excellence Scholarship €10,000
International Student Scholarship €6,000
Need-based Scholarship €5,000
Merit-based Scholarship €4,000
Research Scholarship €3,000
Graduate Scholarship €2,500
Undergraduate Scholarship €2,000
Alumni Scholarship €1,500
Exchange Program Scholarship €1,000
Internship Scholarship €500

Placements

WU boasts a high placement rate, with graduates securing positions in top companies around the world. The university's career services provide extensive support to students in finding suitable employment opportunities.

Placement Rate: Over 90%

Job Role Approximate Salary
Financial Analyst €50,000 - €70,000
Marketing Manager €60,000 - €80,000
Business Consultant €70,000 - €90,000
Data Analyst €55,000 - €75,000
Project Manager €65,000 - €85,000
HR Manager €60,000 - €80,000
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I want to study mba in usa?. What is the procedure?
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Manivannan Posted on 09/04/2024
  • Neha Answered on 09/04/2024

    To study MBA in the USA, you need to follow these steps: 1. Research and select the universities you want to apply to based on your preferences and eligibility. 2. Take the required exams such as GMAT or GRE, and TOEFL or IELTS if you are an international student. 3. Prepare a strong application package including transcripts, essays, letters of recommendation, and resume. 4. Apply to the universities of your choice following their application deadlines and instructions. 5. Upon acceptance, apply for a student visa and make necessary travel arrangements. Please note that the specific requirements and procedures may vary by university, so it is important to carefully review the information provided by each institution.

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