Updated on Jul, 29 2025 07:23 IST
Study Business & Management in Austria
Test Preparations
About Us
Knowledge Hub
Study business and management in Austria is emerging as a lucrative option for Indian students. Today, the prospect of higher studies in Austria is growing rapidly. Today, we have so many students going to Austria from India. Austria has a sizeable population of Indian students in the universities enrolled in a wide array of programs across multiple disciplines. Business & Management courses are getting a lot of traction and popularity. There are multiple factors behind it. This beautiful Schengen country is home to some of the top MNCs in the world. Apart from MNCs, Austria also has headquarters of a lot of international organisations. To get to study business and management in Austria is a lucrative option for international students also because of the affordable cost of tuition compared to other popular European destinations. The cost of living is also less compared to other destinations in Europe. At the same time, the living standard and quality of life is quite high owing to factors such as advanced nature of quality public infrastructure, hospitals, connectivity, etc. Austria has beautiful avenues, places, cities, architecture, and towns for exploration. If you are an Indian student looking to study business and management in Austria, here is everything you need to know:
Are you looking to study business and management in Austria? Here is a brief overview of the courses in the country:
|
Country |
Austria |
|
Course/Program |
Business and Management |
|
Program Duration |
Bachelors: 3 Years. Masters: 1-2 Years |
|
Cost of program |
EUR 1500 - 7000/ year depending on the university and program |
|
Scholarships |
Available |
|
Intake |
Summer Intake: last date of application- 1st March Winter Intake: last date of application- 1st October |
|
Cost of Living |
€10,000 to €15,000 annually (approx.) |
|
Specializations |
International Business Management, Business Administration, Entrepreneurship, Marketing, Human Resources, and Operations Management |
|
IELTS /TOEFL |
Required |
|
Top Law Universities in Austria |
University of Vienna Vienna University of Economics and Business University of Innsbruck Johannes Kepler University (Linz) University of Salzburg |
|
Eligibility Criteria |
- 10th & 12th Marksheets - UG Degree for Masters |
|
Average post-degree salary in Austria |
€36,000 to €48,000 annually |
|
Post-Study Work Visa |
12 months work visa for job |
|
Medium of Instruction |
English |
Looking forward to study business & management in Austria? Wondering why Austria is the right choice? Here is a list of reasons why Austria is the perfect destination for higher education:
Affordable Education:Austrian public universities have zero-tuition free education policy for EU and EEA citizens. While non-EU/EEA international students are required to pay tuition fee, the cost is relatively lower in Austria compared to other popular European destinations. For such students, it is roughly around 1500 EUR per academic year. This makes higher education in Austria more accessible than other countries in Europe.
Safety and Security:Austria has one of the lowest crime rates not just in Europe but around the globe. Austria, hence, offers safe and secure environment for students. Austria’s commitment to social security is also commendable. It allows students to focus on studies without having to worry about personal safety and security.
Multi-cultural campuses: Universities in Austria have very student-friendly culturally diverse atmosphere which encourages fraternity, universal brotherhood, sense of community, and openness. The innovative zeal infused in the campuses fosters innovation in young minds.
High Quality of Life: Austria boasts of one of the highest qualities of life in the world. Vienna sets a very high bar. Vienna has always consistently ranked as the city with the highest quality of life. What does it mean? It means competitive salaries and income for people working in Austria. It means top-notch public services such as transport, communication and accommodation. Infrastructure is world-class in Austria which supports a high quality of life.
Post-Graduation Opportunities: Austria is a financial and economic nerve centre in Europe. It houses many top MNCs of the world, which are constantly in need of specialized professionals with business & management background across multiple disciplines and specializations. This opens up many opportunities for students who study business & management in Austria.
Cultural Richness:Austria has a rich cultural heritage. Just like it is a financial nerve centre, it is also an extremely important cultural hub. Austria’s rich history is reflected in its architecture (baroque-styled) which is prevalent in all major cities, particularly Vienna. The country boasts of being the birthplace of Wolfgang Amadeus Mozart and Franz Schubert, as well as famous artists like Egon Schiele and Gustav Klimt. The country has numerous museums and galleries, providing students with a rich experience beyond campus education.
Sports and Recreation:There is no denying the fact that Austria is an extremely beautiful country in Central Europe. Its geographical location in the Alps Mountain range gives it tremendous tourism potential. Austria is famous for its Skii resorts that cater to hundreds of tourist and adventure sports enthusiasts every year.
Academic requirements usually vary and are decided depending on the university and the program type. Here is the general eligibility criteria to study business and management in Austria:
Undergraduate (BBA and BMS): The candidate must have completed high school with at least 50% marks from a recognised board and obtained a school leaving certificate.
Postgraduate (MBA and Masters in Management): The candidate must have a Bachelor's degree from a recognised university. In some universities, a few years of work experience is preferred, especially for MBA programs.
GPA/Scores: Certain universities may require minimum GPA scores for undergraduate or postgraduate studies, and some may demand a GMAT or GRE score to apply for specific programs.
Language Proficiency:
English: Candidates will have to confirm their English language capacity through tests like IELTS, TOEFL, or PTE.
German: Depending on the program and the university, candidates may also qualify in the knowledge of the German language, especially if the program is taught in German or includes German language courses.
Want to apply for your dream program in the field of business and management in Austria, but don’t know where to start and what documents to prepare? Here is a list of all the necessary documents for international student to study business & management in Austria:
Educational:
10th and 12th Marksheets
Secondary School Leaving Certificate (equivalent to Austrian counterpart).
Proof of English proficiency for English programs (IELTS/TOEFL).
Other:
Passport sized photographs
Proof of German language proficiency
CV/Resume
Work experience (certificate) for Master’s programs in Business & Management
Birth certificate
Visa:
Passport
Health insurance- with sufficient coverage, either from an Austrian insurance company or insurance company in the home-country of the student (mandatory for all).
Letter of invitation
Bank State (to show financial sufficiency for covering student’s living costs for 12 months).
Proof of accommodation (rental agreement with a student residence).
Mandatory registration with the municipal authorities in Austria within three working days of entering the country.
Planning to study business & administration in Austria? Confused about Visa? Here is what you need to know about Visa for study business & administration in Austria.
There are primarily two types of student visas in Austria:
Visa C (short-term): Allows international students to stay and study in Austria for up to three months. Visa type-C is most suitable for short courses & programs. It is not suitable for study business & administration in Austria.
Visa D (long-term): Visa D allows students to stay and study in Austria for up to six months. It can be converted into a Student Resident Permit. It is necessary for study business & administration in Austria.
Both Visa C and Visa D are free for students (only).
Want to study business & management in Austria? Here is a list of the top Business & Management Schools in Austria:
Vienna University of Economics and Business
WU (Vienna University of Economics and Business).
Degrees offered: Bachelor’s degree, master’s degree, MBA, Ph.D.
Language of instruction: English, German.
Vienna University of Economics and Business is also known as WU.
WU is the top business and management schools in Austria.
WU is ranked in top 50 in the QS world ranking for Business & Management Schools.
Average Tuition Fee/Semester for business & management programs in WU is EUR 400 (for EU/EEA students)
Average Tuition Fee/Semester for business & management programs in WU is EUR 800 (for non-EU/EEA international students.
Faculty of Business, Economics and Statistics at University of Vienna
Degrees offered: Bachelor’s degree, Master’s degree, Ph.D.
Language of instruction: Bachelor’s degree (English and German), master’s degree (English, English and German), Ph.D. (English, English and German).
Faculty of Business, Economics and Statistics at University of Vienna is one of the best business schools in the world.
Business & management programs offered here are available in a diverse range of languages such as English, French, Italian, Spanish, & Russian.
Faculty of Business, Economics and Statistics at University of Vienna is ranked in Top 10 for business & management programs in the German-speaking world.
For non-EU/EEA students, the average tuition fee for business & management programs is EUR 800/semester.
Faculty of Business and Management at the University of Innsbruck
Degrees offered: Bachelor’s degree, master’s degree, Ph.D.
Language of instruction: Bachelor’s degree (German, English, French, Italian, Spanish, Russian), master’s degree (English, English and German, German), Ph.D. (English).
For non-EU/EEA/CH students, the tuition fee/semester for business & management programs is EUR 800.
English taught programs are available for international students who want to study business & management in Austria.
Note: International programs require students to take up an additional foreign language
MCI | The Entrepreneurial University
Degree/s Offered:Bachelor’s, Master’s, Ph.D.
Nature of University: Private University
MCI has been ranked in the global top 24 performers for 3 years consecutively.
UG courses are typically taught in German.
Business Administration and Business & Management Courses are taught in English.
For non-EU the tuition fee is EUR 7,000/semester for undergraduate business & management programs and EUR 8,000/semester for graduate business & management programs.
Danube Business School
Degree/s Offered:Master’s
The Danube Business School is part of the Faculty of Business and Globalization at the Danube University of Krem.
Nature: Public University.
It offers a variety of business & management programs that are taught in German as well as English.
On an average, the tuition fee for entire program is EUR 15,500 (however, it can vary depending upon the area of specialization).
Certificate programs typically cost EUR 8,000.
JKU Business School at Johannes Kepler University Linz
Degrees offered: Bachelor’s degree, Master’s degree, Ph.D.
Language of instruction at different levels: Bachelor’s degree (German), Master’s degree (English, German, English and French), Ph.D. (German).
JKU Business School, Johannes Kepler University Linz is also one of the top business schools in the country.
On an average, the tuition fee for entire program is EUR 750 (however, it can vary depending upon the area of specialization).
|
School |
Degree/s offered |
Language of Instruction |
Tuition |
Other |
|
Vienna University of Economics and Business |
Bachelor’s degree, master’s degree, MBA, Ph.D |
English, German |
-EUR 400/semester (for EU/EEA students). -EUR 800/semester (for non-EU/EEA students). |
-Accredited by AACSB, AMBA, and EQUIS |
|
Faculty of Business, Economics and Statistics at University of Vienna |
Bachelor’s degree, master’s degree, Ph.D. |
Bachelor’s degree (English and German); Master’s degree (English, English and German), Ph.D. (English, English and German). |
- EUR 430/semester (for EU/EAA students, for extension of program). -EUR 800/semester (for non-EU/EAA students) |
- Ranked in Top 10 for business & management programs in the German-speaking world. |
|
Faculty of Business and Management at the University of Innsbruck |
Bachelor’s degree, master’s degree, Ph.D |
Bachelor’s degree (German, English, French, Italian, Spanish, Russian), master’s degree (English, English and German, German), Ph.D. (English). |
- EU/EEA/CH students, enjoy fee waiver for the duration of the program. For extensions a tuition fee of EUR 400 per semester is charged. -Non-EU/EEA/CH students, pay EUR $800/semester |
- International programs require students to take up an additional foreign language which can be French, Italian, Spanish or German |
|
MCI | The Entrepreneurial University (private) |
Bachelor’s, Master’s, Ph.D. |
English (PG), German (UG) |
- EU students pay a tuition fee (all at levels) of EUR 400/semester. -Non-EU students pay tuition fee of EUR 7,000 /semester for undergraduate business & management programs and EUR 8,000/semester for graduate business & management programs. |
-Ranked in the global top 24 performers for 3 years. - Accredited by the AACSB. - Awarded the seal of excellence in digital education by the FIBAA |
|
Danube Business School |
Master’s |
English & German |
- Average tuition fee for entire program is EUR 15,500 (varies as per the area of specialization). - Certificate programs typically cost EUR 8,000 |
- Accredited by ACBSP - Awarded a quality seal by FIBAA |
|
JKU Business School at Johannes Kepler University Linz |
Bachelor’s degree, master’s degree, Ph.D |
Bachelor’s degree (German), Master’s degree (English, German, English and French), Ph.D. (German) |
EUR 750 for graduate business & management programs. |
- Offers double degree programs with leading universities abroad. - Some master’s programs opportunity to study in three to four countries. |
If you are looking to apply for business and management courses in Austria, it is crucial to keep a track on these important dates and deadlines:
Duration:
Bachelor's Degree: 3 years.
Master’s Degree: 1-2 years.
Admission Intake:
Summer Intake: last date of application- 1st March
Winter Intake: last date of application- 1st October
Even if you choose an English-taught program, learning the basics of German can be beneficial for everyday life in Austria and to grab potential job opportunities within the country.
Many students who aspire to study business and management in Austria, do not know where to start from. Our team at Anigdha is always there to help you out. Here is the complete process simplified for you:
Consultation: Our expert counsellors are here to guide you and your parents about choosing the best college and course for a promising career.
University Selection: Once you know the right course, we will help you choose the best university in Austria depending on budget, eligibility, program, and university’s reputation and rankings.
Check Eligibility: We will then match your skill sets with university’s set admission criteria to process your application.
Prepare Documents: We will then help you compile all your necessary educational and identity documents such as marksheets, passport, transcripts, language proficiency test scores etc. We already have the checklists of all Austrian universities handy for you.
Submit the application: Filling the form may require expert assistance. Do not stress! Our counsellors have helped thousands of students accurately fill and submit their applications online.
Interviews: Some B-Schools may ask you to appear for interviews. We will keep you informed while giving you the best tips.
Fee Payment: Once you get a confirmation, you will have to pay the tuition fee. After you make the payment, the university will send you an invitation letter.
Visa Application: The invitation letter is your assurance to get your visa to study in Austria. We will help you gather all the necessary documents for timely visa processing and approval which can take 3-4 weeks.
Travel & Accommodation: Our local agents can also book your flight and find an affordable accommodation near the university campus.
Exploring options to study business & administration in Austria? Wondering what is the cost of tuition in Austria? This is what you need to know about tuition cost for study business & administration in Austria:
Tuition Fees for Non-EU/EEA Students: For non-EU/EEA students, they must pay a nominal 20 EUR persemester fee, and pay an average of 72 EUR per semester for tuition fees (varies as per nature and focus of program).
Tuition Fees at Private Universities: Private academic institutions are comparatively more expensive than public universities. Both EU and non-EU students do not enjoy fee waiver as they would in public universities. On an average, non-EU students have to pay anywhere between: 3,000 to 23,000 EUR per year.
Some specialized programs can demand a higher tuition fee, potentially going as high as 35,000 EUR or more annually.
|
Accommodation |
€400 - €800 |
Student dormitory Shared apartment Varies as per city & nature of accommodation. |
|
Food |
€200 - €400 |
Meals and groceries/ month Varies as per lifestyle choices & individual eating habits. |
|
Transportation |
€20 - €60 |
Public transportation costs/monthly bus passes. Varies as per city. |
|
Health Insurance |
€50 - €120 |
Health insurance is mandatory for international students studying in Austria. Costs varies as per coverage & policy provider. |
|
Study Materials |
€40 |
Books & Stationery |
|
Personal Expenses |
€150 - €300 |
Leisure activities & entertainment Personal items (clothing & utilities) |
|
Miscellaneous |
€30 - €100 |
Unforeseen expenses |
What are the mandatory document requirements to study business & management in Austria?
As per the eligibility criteria, a candidate must furnish 10th and 12th marksheets, school leaving certificate, bachelor’s degree (for master’s program), passport, proof of language proficiency-German/English, CV, Resume, SOP, bank statement, Visa, etc.
Are their scholarship options available for international students?
There are several scholarships available for international students, such as CEU Presidential Scholar Award, Ernst Mach Grant, Marshall Plan Scholarships Program, etc. These are offered by Austrian universities, government, and private organisations.
What is the cost of tuition in Austria?
Non-EU/EEA students, however, pay additional cost of 750 EUR/semester (on an average; as it varies as per program), on top of 20 EUR/semester. On top of the nominal 20 EUR per semester fee, they can expect to pay an average of 726.72 EUR per semester for tuition fees.
What Visa should I Apply to Study Business & Management in Austria?
Austria offers two types of visas. Visa-C and Visa-D. The former allows one to stay and study in Austria for 3 months and it is suitable for short-duration courses. However, for long duration programs in business & management, Visa D is suitable as it allows students to study in Austria for 6 months.
What is the duration of business and management programs in Austria?
Based on the nature of the program, it can be 3 years for Bachelors and 1-2 years for Masters in Business and Management.
Are IELTS/TOEFL Mandatory to study business and management in Austria?
Yes. IELTS or TOEFL scores are mandatory to study management in Austria, to demonstrate English language proficiency.
Get free 1-on-1 counselling with our experts