FAQ for MBA programs

General Information Regarding Covid-19

We know there is a lot of uncertainty about academic life due to the worldwide Covid-19 crisis. This has forced us to change the way we implement our programs. For the time being, we have hybrid learning options in place, which means on-campus teaching for those who can travel and online participation for those who are facing travel restrictions.

Nevertheless, we remain positive that we will be able to greet all of our new and returning students on our incredible campus once again. It is just a matter of time. After all, the international flair makes the MBA experience unlike none other.

    • Are there changes planned for new programs due to the Covid-19 crisis?

      All current MBA and Master of Laws programs are offered in a hybrid format of in-classroom and online-learning. We have refitted our classrooms with the best IT equipment. We can assure those students who are momentarily facing travel restrictions that they will still receive an excellent learning experience.

      This contingency plan is a guarantee that you can start your MBA program, whether you can travel or not. We are confident that future program starts will be a worthwhile experience for our students. We hope to be seeing you in one of our classes soon!

      However, our MBA programs are not intended to be 100% online programs. Online learning is only offered to people who are not able to travel. The international networking opportunities and in-class attendance of our international students will remain an important part of our programs.

How does Covid-19 affect travelling to Austria?

Make sure to know both the Austrian and your local regulations before booking a trip.

You can get updated entry regulations here as well as news on the coronavirus regulations from the Austrian National Tourist Board. The information is available in several languages.

Excellent information is also available on the website of the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology.

Links for Travel information:

General MBA Information

Find out the answers to the most commonly asked questions about the MBA programs at the WU Executive Academy.

    • 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 45th worldwide and 4th in the German-speaking region (DACH) in the

      Financial Times Executive MBA Ranking 2018. We are ranked in the top 20 worldwide in the working experience of our students and our international course experience. 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.

    • 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 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.

    • 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.

    • 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). 

    • 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. 

    • 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.
    • How long does the application process take?

      In general, the application process takes approximately one month.

      We follow a rolling admission process, which means you are able to apply and can be accepted at any time until the application deadline. Since the programs often fill to capacity, we recommend that potential students submit their applications as early as possible. Qualified applicants are admitted on a rolling basis.

    • 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.

*Data acquired from the 2018 Financial Times EMBA Ranking, the 2019 Alumni Survey and the 2016 & 2017 Overall Feedback from our students.

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