The course introduces core theories of Corporate Finance and key financial questions in non-financial firms. This includes investment, risk, financing- and dividend decisions. Students learn to optimize corporate capital structure, working capital management, and treasury in an applied, practical manner from the perspective of a CFO. The course also discusses important boundary conditions of financial decisions (corporate governance, corporate social responisibility).

Students acquire in-depth knowledge of financial risk management and international finance. In the role of corporate risk officers and treasury experts, students gain exposure to payoff profiles and portfolio strategies with derivatives. Explore the valuation of options, futures, forwards, and swaps based on various underlyings. Take a look at the institutional facts of international financial markets. Students study the management of foreign exchange risk, carry trade strategies, the value of international diversification, and the evaluation of international investment projects.

This module complements the traditional view of finance outlined before with a behavioral finance perspective. First, we focus on psychological effects and biases that influence human decision-making and behavioral finance-related explanations of existing capital market phenomena. This part also shows you how to minimize the impact of psychological errors on your own decision-making. We will discuss how modern technology may help to overcome some of these biases but amplify others. The second part applies this knowledge to corporate financial decisions, investigating value destruction by investors or irrational managers.

This course focuses on special-purpose investment banking transactions such as mergers & acquisitions, leveraged buyouts, private equity, project finance, restructuring). Students gain an overview of business valuation. Learn to implement various techniques of business valuation (e.g. multiples, DCF methods, real options). They learn about the process and challenges in special-purpose transactions. Courses may focus on particular types of transactions.

Students learn about constructing and managing portfolios of securities. Most importantly, students gain insights into the valuation and management of fixed income instruments, portfolio management, and asset allocation. Understand the term structure of interest rates, the bootstrapping technique, the management of interest rate risk, credit risk, and the risk-return trade-off (e.g. Sharpe Ratio and Treynor Ratio).

This module is devoted to additional, current topics in finance. To ensure that the contents are up-to-date, topics will be changed regularly. Recently, covered topics have included energy finance, machine learning in finance, Fintech, ESG and Project Finance.

At the end of the Executive MBA program, students have to write a master's thesis in order to receive the academic degree of Executive Master of Business Administration (EMBA). The intention of the master's thesis is to guarantee that the graduate of the Executive MBA program is able to write scientific papers on his or her own.

Yes, our Executive 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. 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.

To apply for a scholarship, you need to hand in the following additional documents:

• Documentation of income

• Relevant documentation of exceptional circumstances (e.g. supporting dependents, medical care).

Learn more about application deadlines at WU Executive Academy and the process for each scholarship.

Yes, the WU Executive Academy offers a wide range of Executive MBA scholarships and financing options.

Scholarships are awarded on a case-by-case basis. The committee decides whether and to what extent a scholarship will be granted by evaluating your:

• High motivation for joining the program

• Enthusiasm for a challenging learning experience

• Clear understanding of personal contribution to team learning and the overall cohort experience

• Relevant skills and work experience

• Strong record of career progression

• Excellent interpersonal, intercultural, and communication skills

• Passion and commitment to achieve personal growth and success

• Diversity of the student group in terms of academic, professional, and cultural background

• Financial situation

Find additional eligibility criteria for each scholarship.

The Executive MBA Finance is tailored for seasoned managers and ambitious professionals looking to deepen their expertise in accounting, finance, and controlling. If you’re ready to elevate your career and broaden your financial acumen, this program offers the ideal platform.

The Execuitve MBA Finance is especially suited for:

• Professionals in banking, such as investment banking, funds management, and risk management, who want to expand their knowledge in modern financial strategies and technologies.

• Employees in insurance companies who wish to deepen their financial skills to remain competitive in the fast-paced financial world.

• Finance executives in companies outside the financial sector who are preparing for leadership positions in the financial field.

• Consultants and analysts in consulting firms who aim to address the complex financial challenges of their clients with a solid strategic approach.

• Government representatives, senior officials in the public sector, and regulatory authorities who want to engage with the latest economic and regulatory trends in finance.

The Executive MBA Finance at the WU Executive Academy offers a comprehensive blend of practical financial expertise, global networking, and personal growth. Through engaging exchanges with seasoned lecturers and industry experts, you’ll tackle current challenges and enhance your professional skillset. The flexible, 18-month blended learning format—combining on-campus sessions with online phases—ensures you can seamlessly integrate this transformative learning experience into your career.

The Executive MBA Finance provides a solid education in the latest financial topics, strengthens your leadership skills, and grants access to an international network of experts and professionals. Graduates report significant career advancement, whether through promotions, transitions to higher positions, or a notable increase in their income potential.

Upon successful completion of the Executive MBA program, you will earn the prestigious academic title “Executive Master of Business Administration (EMBA)” from WU Vienna University of Economics and Business. This globally recognized degree affirms your extensive expertise and strategic foresight—an invaluable asset for advancing your career in finance and beyond.

Our selection process involves careful consideration of the following factors:

• High motivation for joining the program

• Enthusiasm for a challenging learning experience

• Clear understanding of personal contribution to team learning and the overall cohort experience

• Relevant skills and work experience

• Strong record of career progression

• Excellent interpersonal, intercultural, and communication skills

• Passion and commitment to achieve personal growth and success

• Diversity of the student group in terms of academic, professional, and cultural background

Applicants must meet the following formal requirements:

• Undergraduate degree (Bachelor 180 ECTS or equivalent) from a recognized post-secondary institution*

• Minimum of 3 years of postgraduate work experience

• Leadership experience preferred

• Proficiency in written and spoken English

^{* For the Executive MBA programs, outstanding professional experience may allow for application in exceptional cases.}