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MBA Public Auditing for public financial officials

MBA Public Auditing

ⓘ Covid-19: Currently, we are offering modules in a hybrid format, i.e. in-class teaching with simultaneous online participation for those students who are facing travel restrictions.

 

For quality in auditing with a focus on digitalization and data science

Public authorities and businesses find themselves in a phase of dynamic development. Digital change in society is taking hold and influencing all areas of life. Digitalization is progressing at a rate that must be taken into account at all levels. However, it is not only digital transformation. It is also the correct and professional handling of data that concerns both ourselves and all government-related agencies. Data science and digital transformation have become an integral part of the working environment.

Additional change in the field of public authorities is characterized by new performance processes, organizational forms, modified decision-making structures, responsibilities, and changed modes of communication. These changes are not just limited to Austria. In a European context, globalization demands sustainable development of both national administration and public economy.

This evolving environment brings new challenges for an up-to-date auditing field prepared for new developments. The theoretical and practical continuing education of all employees in public auditing institutions, at internal, university, and international level needs to be accorded the highest priority, and thus should be supported by all means available. The expediency of the state or public audit is also an issue for the European Parliament. In the interests of its audit, an effective and efficient budget execution needs to be secured.

In this setting, the Professional MBA Public Auditing provides an ideal entry into the field. In course of the program, executives embrace cutting-edge topics and the practical leadership skills that are essential to master the unique challenges of digitalization, data science, big data, and digital strategy that are so relevant as every industry is affected by this rapid transformation.

Powerful partnership

The Professional MBA Public Auditing provides cutting-edge management expertise and leadership best practice alongside practical auditing experience. It focuses on efficiency and economy as fundamental criteria for the assessment of public sector bodies. The powerful partnership of the WU (Vienna University of Economics and Business) and the Austrian Court of Audit offers an optimal preparation for financial officials in the public sector - for the duties and challenges inherent to public auditing.

Dr. Margit Kraker

Dr. Margit Kraker

  • President of the Austrian Court of Audit | Secretary General of INTOSAI

The Master of Business Administration (MBA) program "Public Auditing" is a comprehensive high-level training focusing on external public audit. It provides the necessary qualification for auditors, enabling them to face the growing demands in the area of auditing.

    • How can managers with 50-60 hours working time manage the program?

      Completing an MBA program while working is a demanding endeavor. The WU Executive Academy offers flexible options that will enable you to better integrate your studies in your professional and private life.

      Blended learning structures optimize knowledge transfer and make for smooth learning journeys. Access to our e-learning platform allows you to finish your assignments in a flexible way – on your way to work, the lunch break, or during a business trip.

      You can choose between two tracks in the first year of the MBA program (the Business Core): the On-Campus Track or the Hybrid Track. Both tracks consist of seven modules each. If you choose the On-Campus Track, you will complete all modules on site; if you opt for the Hybrid Track, you will travel to the campus for four modules and take the remaining three as synchronous and asynchronous online sessions.

      Choose the On-Campus Track to experience all our campus has to offer as well as a lively on-site exchange with faculty and fellow students at the impressive WU Campus. Alternatively, opt for a mix of classes on site of the WU Campus (4x) and online teaching (3x) in the Hybrid Track, which will let you benefit from mutual exchange and networking on site while simultaneously saving you days off from work and money as three of the modules will not require travel to and from the campus.

    • How are students evaluated during the MBA?

      • Participation in class: Students are continuously evaluated during classroom discussions and video conferences. Every contribution, whether written or spoken, is taken into account.
      • Individual assignments: Students are asked to participate in quiz questions, individual assignments or evaluated homework.
      • Group assignments: As part of a small team, students must prepare presentations, research papers or papers.

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