FAQs

Why should I apply for an MBA at the WU Executive Academy?

Excellent quality 95% of our alumni would recommend their MBA program to a colleague or a friend.*
 

The WU Executive Academy places 39th worldwide and 2nd in the German-speaking region (DACH) in the Financial Times Executive MBA Ranking 2022. We are ranked in the #8 worldwide in career development of our students and #10 in international study experience.

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The WU Vienna also holds triple accreditation: Less than 1% of business schools in the world have quality levels recognized by the three largest and most influential business school accreditation organizations: AMBA (Association of MBAs), AACSB (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System) by the European Foundation of Management. International experience We are located in the heart of Europe and our faculty is quite international:

• More than 240 partner universities
• World’s leading professors and researchers
• Internationally acclaimed experts, practitioners and top managers
• Faculty members from top universities around the world

Furthermore, our international residencies will enable you to overcome cultural barriers and experience business practices in different countries. Find more information on our faculty members on each program’s website. Global network During your MBA you will establish an extremely valuable network with your classmates. In addition, you get access to the powerful WU Executive Club:

• 4,500 students and alumni from 85 nations
• Local ambassadors, hub managers and communities
• Online platform: WU EA Connect to stay in touch
• Exclusive networking opportunities at events
• Guest speakers from leading global organizations

Do you need more reasons for the WU Executive Academy? Get them here.

How does an MBA at the WU Executive Academy help me achieve my career goals?

In general, out of all our MBA students:

• 68% make a career move while doing an MBA or within 1 year after graduation
• 37% change employers within the start of their program to 4 years after graduation
• 47% advance to new positions within the start of their program to 4 years after graduation
• 12% start their own business*

Since building a career is a lifelong journey, the WU Executive Academy offers the Career Accelerator Program, which helps you succeed. The WU Executive Academy supports your professional development with individual coaching, career workshops, trainings, panel discussions and webinars. You will learn how to optimize your LinkedIn profile, negotiate your salary and position your personal brand. All our services – many of which are provided by HR experts and executive search partners - continue even after your graduation.

Does an MBA at the WU Executive Academy increase my salary?

In general, 59% of our alumni receive higher earnings while doing an MBA or within 1 year after graduation.*

Explore our alumni’s career stories here.

How does an MBA at the WU Executive Academy change me?

You'll expand your expertise when doing an MBA. However, an MBA goes beyond theory. It is an amazing journey. You widen your horizon by exchanging ideas with international executives and you develop as an individual when you:

• Improve your leadership skills
• Get hands-on know how applicable in your job
• Develop a better understanding of the other departments in your company
• Look outside of your industry
• Learn to think globally

How does a typical MBA student at the WU Executive Academy look like?

Discover age, years of work experience, nationality, gender and much more in our class profiles:

• Global Executive MBA
• Executive MBA Bucharest
• Executive MBA Health Care Management
• MBA
• MBA Energy Management
• MBA Entrepreneurship & Innovation
• MBA Finance
• MBA Marketing & Sales
• MBA Strategic Project Management

How does a typical day at an MBA class look like?

During the modules, teaching usually takes place every day from 8:30 am to 5:30 pm. During some evenings, you will also meet guest speakers for additional insights.

Is presence mandatory and what if I miss something?

Physical presence during classes is mandatory. It helps to build trustful relationships, which encourages students to engage in fruitful discussions and knowledge sharing. This safe place facilitates effective learning for the individual and the class as a whole. If you miss a substantial portion of a class, we will work out together how you can make up for it. For every class attended outside a student’s regular program cycle, a fee of EUR 200 per day will be charged.

What happens if I do not complete my studies within the regular study period?

If the planned standard period is exceeded because not all of the mandatory modules have been positively completed, a fee of EUR 500 will be charged for each additional semester.

What is the compatibility of an MBA with critical mid-terms events such as new project development in our current job or having a newborn baby for instance?

With the right motivation and support from your surrounding environment, you can definitely attend an MBA program next to big life events. Many of our students have begun a new career, moved to another country or started a family while successfully finishing the program. Therefore, we ask you to get in touch with your employer and your personal contacts to inform them and to get their support for your significant requirement of extra time for the MBA program.

Are there exams or are there more practical cases studies in groups to valid students’ performance in a module?

Modules are graded based on pre-assignments, class participation and post-assignments. While for specific modules pre- and post-assignments are in the form of exams majority of the acquired learning is assessed via papers and case studies.

Do the lectures take place on Thursday and Friday the whole day? If so, how is it possible to work full-time only 3 days a week, taking into account that the number of vacation days per year are limited?

The part-time format of our MBA programs allows you to participate in a demanding program while being in a full-time job. The modules are organized in blocks with several weeks in between, depending on the format. Please look at the schedule for the specific program or reach out to our program managers for advice on doing the program next to a full-time job.

What are the industries or sectors that the alumni are working in after graduation?

Our alumni work in diverse sectors such as IT, finance, consumer goods, consulting, industry/manufacturing, pharmaceutical. Check out our class profiles (PDF) for details:

• MBA
• Global Executive MBA
• Executive MBA Bucharest

Is there any case study like applying theoretical training on a real business?

The program is based on balanced mixture of theory and practice. Pre-module materials consist of theory, papers and articles on the current developments and case studies. Case methodology is also used during the modules. Furthermore, in class discussion consists of sharing experience and best practices among the program participants.

Which MBA programs does the WU Executive Academy offer?

In general, we offer Executive MBA and MBA programs. Our Executive MBA programs are designed for experienced executives who are seeking a general management education. We offer the following Executive MBAs:

• Global Executive MBA
• Executive MBA Bucharest
• Executive MBA Health Care Management

An MBA program is the right option for you, if you want to combine hands-on specialist know how and general management. Explore our different MBA specializations here.

Which MBA is the right one for me?

Since choosing an MBA program can be quite challenging, our experts are happy to help. Discover our consulting services here.

Moreover, our Program Finder can help you to compare our programs and choose the right one.

How do the MBA curricula look like at the WU Executive Academy?

You can find our MBA curricula below:

• Global Executive MBA
• Executive MBA Bucharest
• MBA

Are there scholarships available and whom are they for?

Yes, the WU Executive Academy offers a wide range of scholarships and financing options. Discover them here. Scholarships are awarded on a case-by-case basis. The admission committee decides whether and to what extent a scholarship will be granted by evaluating your:

• Submitted application documents
• Performance in the admission interview
• Potential contribution to peer-learning in class
• Financial situation (income, costs for logistics, etc.)
• Leadership potential
• Analytical skills
• Ability to work in a team
• Career goals and motivation
• Personal circumstances

Additional eligibility criteria for each scholarship can be found here.

How is a scholarship application different to a regular application?

To apply for a scholarship it is required to state your motivation for the scholarship in the motivation letter, provide a proof of salary and – if applicable - documentation of exceptional circumstances (e.g. supporting dependents, medical care etc.). You have to bring the originals of these documents to the admission interview.

The application deadlines for each scholarship can be found here.

For further information regarding the application process, please click here.

Are MBA tuition fees tax deductible?

Yes, our MBA tuition fees are fully tax deductible for taxpayers in Austria. With our flexible payment modalities, you can spread the fees over several tax periods. Learn more about the available financial benefits for individuals and companies in Austria here. However, as tax deductibility can vary greatly from person to person, we recommend that you also contact a tax advisor or inquire directly at the tax office.

If you are taxpayer of another country, please contact your local tax authorities for information on available tax deductions.

What requirements do I have to meet to be admitted for an MBA at the WU Executive Academy?

If you apply, we will carefully assess your

• academic background,
• your work experience, and your
• interpersonal, intercultural and communication skills.

In general, we expect you to have to have a solid career progression and the commitment to pursue an MBA next to your busy schedule.

You need at least an undergraduate university degree (e.g. bachelor degree) for our MBA programs. Furthermore, we require a minimum work experience of 3 years (5 years for the Executive MBA) together with an excellent knowledge of the program language (English or German). 

Do I need a bachelor degree to be admitted for an MBA at the WU Executive Academy?

Yes, for our MBA programs there is at least an undergraduate university degree required (e.g. bachelor degree). Applicants with an exceptional career progression and profound professional experience may also be admitted to an MBA program if they submit an excellent GMAC Executive Assessment score.

How many years of work experience do I need to be admitted for an MBA at the WU Executive Academy?

If you are applying for an Executive MBA we expect at least 5 years of relevant work experience as well as some leadership experience.

If you are applying for an MBA we expect at least 3 years of relevant work experience. Read more about the admission requirements here.

What proof of English skills do I need for the English MBA programs at the WU Executive Academy?

Your proficiency in written and spoken English is assessed during the admission process. No formal proof or certificates (e.g. IELTS, TOEFL) are required. Under certain circumstances, some applicants might be asked to submit a formal proof of their language level (C1) to further proceed in the admission process. 

What are the requirements for entry, residency and employment for non-EU citizens?

Student diversity is an asset of our MBA programs and we welcome students from all over the world. If you are a non-EU citizen, you might need a visa to enter, live and work in Austria. You can find detailed information for foreign students here.

How do I apply for an MBA at the WU Executive Academy?

1. Online application In order to apply for an MBA you need to fill out our online application form and pay the application fee of EUR 200 via credit card.
2. Document submission After that, you will be asked to e-mail all required documents. Our program managers check them regarding the applicable admission requirements.
3. Admission interview If you are a prospective student, you will be invited to a personal interview with the academic director and the program manager.
4. Admission decision Shortly after the interview, you will receive our decision. If you are admitted, we will send you important instructions on how to secure your MBA spot. Do you want feedback on your profile before starting the application? Simply send your curriculum vitae to mba@wu.ac.at.

Is there an application fee?

Yes, there is an application fee of EUR 200. It has to be paid via credit card.

Which documents do I need to prepare for the application process?

• Online application form (Available here)
• Curriculum vitae
• Letter of motivation (Details)
• Two recommendation letters (Details)
• Copy of university diplomas and grade transcripts in original language
• Official translation of university diplomas (Details)
• Recent digital photograph
• Passport copy

Whom should I contact, if I have a question regarding my application status?

Please e-mail mba(at)wu.ac.at.

Are completed studies creditable?

Yes, please contact mba(at)wu.ac.at for further information.

Is it possible for students from developing countries to come to Austria?

We have some students from developing countries in our MBA programs; you can see the class profile for instance here. Once accepted into our programs, a student gets visa support from the MBA program manager for participating in modules in Austria as well as in the International Residency – which most often takes place in the USA. We have a good track record of helping students get visas, so we would just suggest you apply and take the next steps once you are accepted. Feel free to get in touch with us.