Study MBA in Austria: Universities, Tuition Fees, Eligibility & Jobs

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Article Summary
  • Studying an MBA in Austria offers international students globally recognised degrees, English-taught programs, affordable tuition at public universities, and strong academic standards, with most programs lasting one to two years and offering specialisations aligned with global business demand.
  • Top MBA universities in Austria include WU Executive Academy, MCI Management Center Innsbruck, MODUL University Vienna, Webster University, and Lauder Business School, with popular MBA specialisations spanning finance, marketing, human resources, operations, international business, and sustainability-focused fields.
  • MBA eligibility in Austria typically requires a recognised bachelor’s degree, English proficiency through IELTS or TOEFL, and optional GMAT or GRE scores, while graduates can access post-study work opportunities and careers supported by Austria’s strong industry links and European job market.

Austria is an increasingly popular destination for international students seeking high-quality MBA (Master of Business Administration) degrees in Europe. With strong business schools, affordable options, a multicultural environment, and post-study work opportunities, Austria offers a compelling choice for future business leaders. In this complete article, we explore why to study MBS in Austria, top universities, eligibility, fees, admissions, specialisations, scholarships, and career prospects, backed by detailed information. 

Country Austria 
Course Name MBA 
Course Duration 1-2 Years 
Cost of CourseEUR 15,000-EUR 20,000
Intake Summer Intake and Winter Intake 
Top Specialisation Human Resources, Marketing, Operations, Finance, International Business 
Exam RequiredIELTS, TOEFL 
Medium of Instruction English 

Why Choose an MBA in Austria? 

Austria has emerged as a smart MBA destination for international students looking for quality education, global exposure, and affordability in Europe. The country offers a perfect balance of academic excellence and practical business learning. 

  • Globally Recognised MBA Degree: Austrian business schools follow European higher education standards, and many programs are accredited by international bodies such as AACSB, AMBA, and EQUIS, ensuring global recognition and strong academic credibility. 
  • English Taught Programs: Most MBA programs in Austria are taught entirely in English, making them accessible to international students without requiring German at the time of admission. 
  • Affordable Tuition & Living Costs: Austria offers lower tuition fees, especially at public universities. Living expenses are also reasonable for a European country, making it a cost-effective study destination.
  • Post-Study Work Opportunities: International students can apply for a 12-month post-study residence permit after graduation to search for employment and transition into the Austrian or EU job market. 

Also Read: MBA in International Business Management: Scope, Salary

Austria offers a wide range of MBA specialisations designed to match global industry demand and career goals. From traditional business fields like Finance and Marketing to emerging areas such as digital transformation and Entrepreneurship, students can choose a specialisation that aligns with their professional background and future ambitions.

Project Management Environmental Management Human Resource Management
Organisational ManagementFinance Marketing Business Administration Management 
Energy and Natural Resources Transport Management Operations Management 
International Business Organisational and Leadership Social Entrepreneurship 

Also Read: Cheapest MBA in USA: Top Universities, Fees, Eligibility

Top Colleges for MBA in Austria 

Austria is home to several well-regarded business schools and universities offering globally recognised MBA programmes. These institutions are known for quality education, industry connections, and English-taught courses designed for international students. Here are some of the top colleges offering an MBA in Austria: 

  • WU Executive Academy (Vienna)
  • MCI Management Center Innsbruck 
  • MODUL University Vienna 
  • Webster University 
  • Lauder Business School 
  • University of Graz 
  • University of Salzburg 

Eligibility for MBA in Austria 

Before applying for an MBA in Austria, international students must meet the following academic and professional requirements. While requirements may vary by university, the points below apply to most institutions:  

  • Academic Qualifications: A recognised bachelor’s degree (3 years) in any discipline from an accredited university. Some universities may require a minimum GPA or percentage, depending on program competitiveness. 
  • Work Experience: Full-time MBAs may not always require experience, but Executive MBAs usually need 3 to 5 years of work experience.  
  • Language Proficiency: Since most MBA programs are taught in English, proof of language proficiency, such as IELTS and TOEFL, is required. 
  • Standardise Entrance Tests: GMAT or GRE scores are optional for many MBA programs in Austria. Some universities may waive the test requirements based on strong academic records or relevant work experience. 

English Proficiency Score Requirements

Most MBA programs in Austria are taught in English, so international students must demonstrate English language proficiency. Universities commonly accept standardised test scores such as IELTS or TOEFL to ensure students can effectively participate in coursework and academic discussions. 

English Proficiency Test Score 
IELTS 6.0-7.0
TOEFL 80-100

Documents Requirements

To apply for an MBA in Austria, students must submit a set of academic, professional, and personal documents. These documents help universities assess eligibility, academic background, and career motivation. 

Average Tuition fee for an MBA in Austria

When planning an MBA in Austria, tuition fees vary widely depending on whether you study at a public university or a private institution/business school. Public universities generally offer more affordable options, especially for EU/EEA students, while private business schools and executive programs tend to charge higher fees. 

Type of Institutions Annual Tuition Fees (EUR)
Public University EUR 1,500-EUR 5,000
Private University EUR 15,000-EUR 30,000
Source: Study.edu

Additional Expenditure 

In addition to tuition fees, students should budget for living expenses such as accommodation, food, transportation, health insurance, and personal costs while studying in Austria. 

Expenses Average Costs 
Living Costs EUR 800-EUR 1,2000 Per year 
Health Insurance EUR 60- EUR 100 per month 
Lifestyle, accommodation + additional cost EUR 10,000-EUR 15,000 per year 
Source: Standyou.com 

Also Read: MBA ROI in the USA: Is it Worth the Investment?

Austria offers a diverse, high-value MBA experience with options ranging from economical public programs to top executive MBAs. With quality faculty, strong industry connections, and a welcoming European environment, it is an excellent choice for future business leaders. Start early, compare programs, tailor your application to your career goals, and you’ll be well on your way to a successful MBA journey in Austria. 

FAQs

Is Austria good for an MBA?

An MBA in Austria is internationally recognised and offers courses in the most preferred language. Management programs in Austrian universities focus on imparting leadership qualities and giving real-world experience by providing internships in top companies.

Are MBA programs in Austria taught in English?

Most MBA programs in Australia are taught entirely in English, especially those designed for international students. However, learning basic German can be helpful for daily life and job opportunities. 

Do I need GMAT or GRE for an MBA in Austria?

GMAT or GRE is not mandatory for many programs in Austria. Several universities waive these requirements based on academic background or work experience, especially for Executive MBA programs. 

Ready to pursue your MBA in Austria? Get expert guidance from Leverage Edu to shortlist top universities, prepare your application, secure a scholarship, and navigate the visa process with ease. Start your MBA journey today with personalised counselling from experienced study abroad experts. 

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Planning to study for an MBA in Austria? Explore top universities, eligibility, tuition fees, specialisation, scholarships, and post-study work options in this complete guide for international students. 

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