QS Rank:

137

University of Vienna

Vienna
,Austria

Program Name
Master's in Banking and Finance

Deadline
January 02nd, 2024
Overview

The Master's in Banking and Finance program at the University of Vienna provides a comprehensive pathway to developing expertise in the dynamic fields of banking and financial services. This program is meticulously designed to equip students with the analytical skills and theoretical knowledge necessary for navigating the complex financial landscape. Students engage deeply with essential topics such as investment analysis, risk management, and financial markets, ensuring they are well-prepared to face real-world challenges in the industry. The curriculum is not only rigorous but is also continuously updated to reflect the latest trends and innovations in the financial sector, making it one of the premier choices for aspiring finance professionals.
As part of the program, students will experience a blend of theoretical learning and practical application. The curriculum includes specialized courses such as Corporate Finance, Financial Modeling, and Advanced Investment Strategies, among others. Each course is formulated to enhance understanding of both foundational and advanced concepts in finance, preparing students for a variety of roles post-graduation. The program also emphasizes the significance of quantitative analysis, data interpretation, and strategic decision-making, which are crucial competencies in today’s data-driven financial environments.
A standout feature of the Master’s in Banking and Finance is the opportunity for students to engage in cutting-edge research. The University of Vienna boasts state-of-the-art research facilities that encourage inquiry and collaboration. Students have the chance to work alongside esteemed faculty members who are not only educators but also active researchers in their fields. This exposure to ongoing research fosters a rich learning environment, allowing students to contribute to meaningful projects and acquire invaluable insights into current financial issues and methodologies.
The faculty at the University of Vienna comprises highly qualified professionals with extensive experience in both academia and industry. They employ innovative teaching methodologies that encourage critical thinking and active participation. Students can expect to engage in case studies, group projects, and simulations that mirror the realities of the financial world. This experiential learning approach not only enhances theoretical understanding but also promotes the development of soft skills such as teamwork, communication, and problem-solving, which are essential for career advancement.
Upon completion of the program, graduates are well-positioned to launch their careers in various sectors of finance. With a median base salary of €55,000, graduates can pursue diverse roles such as Portfolio Manager, Financial Analyst, Risk Analyst, and Investment Banker. The University of Vienna maintains strong connections with leading financial institutions, providing students with access to internship opportunities and job placements that facilitate entry into competitive fields. Alumni of the program often share success stories that highlight their rapid advancement and the pivotal role the university played in their professional trajectories.
Why Study Banking and Finance at University of Vienna
- A popular choice for international students with a diverse community, fostering a rich cultural exchange.
- Learn from leading experts in the field who are committed to student success and research mentorship.
- Access high-end laboratories and resources tailored to facilitate in-depth research and analysis.
- Benefit from excellent placement programs and industry connections that enhance career prospects.
- Experience a curriculum that integrates practical learning with theoretical foundations to ensure comprehensive skill development.
- Engage in a vibrant academic environment in the heart of Vienna, a city known for its rich history and culture while being a financial hub.
Admission to the Master’s in Banking and Finance requires a strong academic background, typically with a bachelor’s degree in finance, economics, or a related field. Applicants must submit key documents, including a transcript, a current resume, and academic letters of recommendation. Additionally, proficiency in English is mandatory, demonstrated through standardized tests such as TOEFL or IELTS, with minimum scores of 87 and 6.5, respectively. The application process is competitive, and candidates are encouraged to showcase their passion for finance and their readiness to contribute to the academic community at the University of Vienna.
The program also fosters a strong sense of community among students, with a class size averaging around 25 participants, allowing for personalized attention and collaborative learning. The diversity of the cohort, with 31% international students, enriches classroom discussions and prepares graduates for a globalized workforce. With its combination of rigorous academics, research opportunities, and robust career support, the Master's in Banking and Finance at the University of Vienna stands out as an excellent choice for those aspiring to excel in the finance industry.

Duration
24 Months

Median Salary
$55,000
Ranking
#208
US World and News Report
#124
The World University Rankings
#137
QS World University Rankings

Intake
Summer ( July - Sept )

Intake
Winter ( Jan - Mar )
Class Profile

Class Size
25

Average Age
28

Average Work Experience
3 Years
Diversity
Others:
16%Italy:
5%Germany:
10%Austria:
65%Switzerland:
4%Career Outcomes

Median Earnings After Graduation
$55,000 / year
Prospective Job Roles
Portfolio Manager
Banker
Financial Analyst
Investment Banker
Risk Analyst
Wealth Manager
Top recruiters










Eligibility Criteria
English Proficiency Tests
TOEFL
87
IELTS
6.5
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Transcript
Passport
Academic LOR
Resume
Application Deadlines
Standard Deadline | |
---|---|
Winter | Jul 31, 2023 |
Summer | Jan 2, 2024 |
Fees and Funding

Tuition Fees
$747 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
Vienna University of Economics and Business Scholarship
Austrian National Bank Scholarship
Erste Bank Scholarship
FAQs
A student can complete Banking and Finance at University of Vienna with in 24.
The deadline to submit an admission application for Banking and Finance at University of Vienna is Application deadline Winter (Standard Deadline) - date - 31/07/2023 ,Application deadline Winter (Standard Deadline) - date - 31/07/2023 ,Application deadline Summer (Standard Deadline) - date - 02/01/2024
The annual tuition fee to pursue Banking and Finance at University of Vienna is 747.
The submission of these scores mainly depends on the type of degree/ course selected at the University of Vienna. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Vienna requirements before submitting a score.
Banking and Finance can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of University of Vienna, they can easily pursue Banking and Finance. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at University of Vienna can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Vienna website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of Vienna by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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