Located in the heart of Europe, Austria has a lot to offer students. From world-class education at renowned universities to a high quality of life at an affordable cost, studying here has something for everyone. But the country’s appeal doesn’t stop there.
Austria has a strong business and economic environment, making it an ideal location for those looking to pursue a career in the field of management. With a focus on innovation, technology, and entrepreneurship, the country has developed into one of the most competitive countries in Europe for business. Top business universities in Austria are preparing students for success in the global economy with programs designed to provide practical skills in real-world application that will be valuable in any industry.
Discovering top business schools in Austria
- Vienna University of Economics and Business (WU Wien)
The Vienna University of Economics and Business is an institution with prestigious programs in economics and business studies, located in one of the world’s most livable cities — Vienna. With an international focus and commitment to meeting social responsibility, this university stands as an educational institute for future leaders.
WU Wien boasts an expansive network of partners worldwide and provides students with valuable international experiences through internships and research projects. Furthermore, their faculty “Business Economics” features some of the top minds in business and economics from around the globe, who possess an in-depth knowledge of current global business trends and challenges.
The university holds the prestigious triple accreditation from AACSB, AMBA and EQUIS – a distinction held by less than 1% of MBA programs worldwide. This means that graduates have a degree that is recognised for its unwavering commitment to quality, innovation and global relevance.
2. University of Vienna
The University of Vienna is the oldest university in the modern German-speaking world and one of Europe’s largest institutions of higher learning. It has a long history of excellent research and is home to numerous Nobel Prize laureates, including the chemist Hans Fischer and the father of psychoanalysis, Sigmund Freud.
The school has a unique focus on technology and innovation, and it offers a wide range of degrees, including Business Administration, Business Analytics and Laws, which will prepare you for a successful career in the business world.
The University places particular emphasis on technological entrepreneurship, with its dedicated startup labs joined by up to 40% of its students. It has the largest number of foreign students out of all universities in the country, and it is easy to meet people and make friends from around the world here because of its many events and clubs.
3.Vienna University of Technology (TU Wien)
Established in 1815, Vienna University of Technology is one of the most prestigious in Austria. The university is characterised by its high level of internationalisation, both within the student body and through a range of exchange programmes with top-ranked institutions worldwide.
The school is also known for its emphasis on hands-on experience through internships and case studies. This ensures that graduates will have the necessary skills to excel in the European business landscape.
In addition to offering traditional MBAs, TU Wien offers bachelor’s and master’s degree programs focused in subjects such as Sustainability & Impact Management, Management Analytics & AI, Accounting and Taxation. These programs provide the foundation for a career in the global business world, while giving students an edge over their peers with the added benefit of learning from experts in these specific fields.
Benefits of pursuing education at business universities in Austria
Studying at one of the business schools in Austria offers a wealth of benefits for aspiring professionals. It has a strong reputation for academic excellence, providing students with a solid foundation in business theory and practice.
Many universities offer international programs and encourage student exchange, fostering a global perspective that is highly valued by employers worldwide. Additionally, a thriving economy and strong ties to industry create many opportunities for internships and networking, often leading to lucrative career paths.
Graduates of business universities in Austria can expect to find employment in sectors such as sales and marketing, supply chain management, banking, finance, and human resources. Salaries for those with a management degree can range from 35,000 to 60,000 EUR per year depending on the sector, position, and company size.
Сhallenges of Austrian Education
As one of the wealthiest countries in Europe, Austria attracts around 87.000 international students each year. However, a closer look at the education system reveals that it’s not without its challenges.
One notable difficulty is the language barrier for international students. While many universities offer programs in English, navigating daily life and engaging in deeper academic discussions often requires proficiency in German.
Another challenge is the diversity of student backgrounds, bringing together individuals with different academic preparation and cultural norms. This diversity enriches the learning environment, but also requires greater sensitivity and adaptability on the part of both students and teachers to ensure inclusivity and effective communication.
In addition, the Austrian system emphasises independent learning and gives students considerable autonomy in designing their study plans. While this encourages self-direction and critical thinking, it can be overwhelming for those accustomed to more structured curricula.
Essential tips for becoming a student in Austria
Whether you want to live in one of the most beautiful cities in the world or you’re interested in studying at the top business schools in Austria, there are plenty of reasons to make this country your next home. Its fairytale landscape, world-famous classical music and delicious cuisine all contribute to the unique charm that makes it a place like no other.
The rewards of a higher degree in Austria are undeniable, but the competition is fierce. Gaining admission demands thorough preparation, from navigating the administrative process, bridging educational gaps and building a supportive network.
With all these challenges in mind, Look Akademie has designed a comprehensive 12-week WU BEE Preparation Course course tailored to the English-taught program of Business Economics at WU Wien.
Thanks to highly qualified instructors, small groups and our effective education methods, you increase your chances of successful admission to one of the top-ranked universities in Europe. Our commitment doesn’t end there — we offer continuous support to ease your transition to a new country and ensure your success at every step.
Have questions? Sign up for a free consultation with our experts. Your dream of a business degree in Austria starts with a simple conversation.
