Vienna – Business, Economics & International Relations

General

Program Description

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Why Vienna?

A stunningly beautiful city, Vienna occupies a unique position at the crossroads between east and west, north and south, long making the city a central meeting place for trade and international politics, as well as arts and culture. Imagine studying International Business in the birthplace of Peter Drucker, or learning about politics and international organizations and then visiting the UN, the OSCE, OPEC. This is studying abroad!

What You'll Study

Choose from a wide selection of courses in disciplines such as Economics, Finance, International Business, Management, Marketing, and Political Science. You can also enhance your experience by taking courses in Art History, History, Humanities, Psychology, and so much more.

Your studies will also take you throughout Vienna and outside the city, with a program-related trip where you’ll visit companies like Red Bull in Salzburg, and BMW in Munich, as well as organizations in and around Vienna.

You can also enroll in an internship or field experience, including placements in banking, consulting, and not-for-profit organizations. This hands-on experience includes time spent at your placement and an academic seminar that helps you contextualize what you’re learning.

Taking German is required, but no background in the language is necessary. If you have sufficient German language skills, you can also enroll in courses at the prestigious Universität Wien. There, you will experience the Austrian education system, be able to participate in University student activities and make Austrian friends.

Daily Life

We want you to feel at home in Vienna, so we do everything we can to help you integrate into life in the city. From our centrally located housing to cultural events like bike tours and cooking classes, our job is to make sure you have the most authentic study abroad experience possible.

Academics

Our mission is simple: to provide you with the best study abroad program possible—which includes the highest quality academic and cultural experiences. We offer unique courses that explore Psychology & Social Sciences and many other topics through an in-depth and hands-on approach. Our world-class professors, as well as course options at the prestigious Universität Wien, enhance your academic experience and provide you with new perspectives both in and out of class.

You take 16–19 credits per semester and all courses are worth 3 credits unless otherwise specified. Language courses are taught in German, and all other courses are taught in English unless otherwise noted. Academic programming is scheduled five days a week.

If you have taken fewer than 4 semesters of college-level German or the equivalent, you enroll in IES Abroad courses in English. If you have advanced German language proficiency, you may enroll in IES Abroad courses in German and English. Students with advanced language skills can also enroll in partner university courses.

You create your academic experience by selecting from the following required and optional program components:

  • IES Abroad German language course (required, 4 credits)
  • IES Abroad area studies courses (3-4 credits) are offered at the IES Abroad Center in English and German in a wide range of disciplines.
  • German-taught courses at Universität Wien (advanced German required, credits vary)
  • IES Abroad Internship (includes internship and seminar, 3 credits)

Courses

This is a list of planned course offerings. After you are accepted, you will see a list of final course offerings in your MyIESabroad account.

Cultural Studies

  • The Business of Wine: From Vine to Glass

Economics

  • Transition to Market Economy in Central and Eastern Europe
  • Europe in the Global Economy
  • Financial Markets and the Economy
  • In Search of Sustainability: Energy, the Environment, and Society in Central Europe
  • Asset Markets, Banking, and the International Financial System
  • Circular Economy: from make-take-waste to a visionary system within planetary boundaries in a global and European context

Education

  • Supervised Teaching Field Experience

Environmental Studies

  • Circular Economy: from make-take-waste to a visionary system within planetary boundaries in a global and European context

Finance

  • Financial Markets and the Economy
  • European Monetary Union (EMU) and Financial Integration
  • Asset Markets, Banking, and the International Financial System

German Language

  • German Language in Context: Novice Abroad I
  • German Language in Context: Novice Abroad III
  • German Language in Context: Emerging Independent Abroad I
  • German Language in Context: Independent Abroad I
  • German Language in Context: Emerging Competent Abroad I
  • German Language in Context: Emerging Competent Abroad III
  • German Language in Context: Competent Abroad
  • Wirtschaftsdeutsch / Let's Talk Business

International Business

  • The Business of Wine: From Vine to Glass
  • Circular Economy: from make-take-waste to a visionary system within planetary boundaries in a global and European context
  • Wirtschaftsdeutsch / Let's Talk Business
  • Strategic Management
  • Business Ethics
  • Management Theory and Practice
  • Managing Behavior in Organizations
  • International Business and Marketing in Central Europe
  • Arts, Entertainment, & Cultural Management
  • International Business: Towards a Global Market
  • Supervised Business Internship Seminar

Industrial Management

  • Strategic Management
  • Managing Behavior in Organizations

Internship Seminar

  • Supervised Teaching Field Experience
  • Supervised Business Internship Seminar

Management

  • Business Ethics
  • Management Theory and Practice
  • Managing Behavior in Organizations

Marketing

  • International Business and Marketing in Central Europe
  • Arts, Entertainment, & Cultural Management
  • International Business: Towards a Global Market
  • Supervised Business Internship Seminar

Political Science

  • In Search of Sustainability: Energy, the Environment, and Society in Central Europe
  • The Political Geography of the New Europe
  • Globalization, Regionalization, and International Law
  • Europe Beyond the Nation-State
  • International Organizations: Structures and Case Studies

Partner Institution(s)

Universität Wien

Enrolling approximately 90,000 students, the Universität Wien offers a wide variety of courses in the Humanities, Social Sciences, and Natural Sciences. The University boasts recognized academic strengths in Germanic Studies, Political Science, and Theology.

Founded in 1365, the Universität Wien is one of the oldest universities in Europe.

Courses

Listed below is the broad range of disciplines available at the University. Universität Wien does not offer any undergraduate courses taught in English, and the language of the administration of the university is German. As such, only students with advanced German are encouraged to consider enrollment at this institution. For specific course offerings, visit the Universität Wien website, and click “Blättern” to browse options. Please note that course offerings vary from semester to semester.

  • Business & Economics
  • Chemistry
  • Computer Sciences
  • Earth Sciences, Geography & Astronomy
  • History & Culture Studies
  • Law
  • Life Sciences
  • Mathematics
  • Molecular Biology
  • Musicology
  • Philology & Culture Studies
  • Philosophy & Pedagogy
  • Physics
  • Psychology
  • Social Sciences
  • Sports Science & Sports
  • Theology
  • Translation

Field Trips & Events

Although your adventure begins in Vienna, our field trips take you to other great cities in Austria and beyond to provide contrast and context for what you are learning in Vienna. These trips are partially subsidized by IES Abroad. Past destinations are listed below.

Austrian Alps

3 days | Fall & Spring

Enjoy the skiing and the breathtaking scenery!

Wachau

1 day | Fall & Spring

Visit the famous Melk Abbey.

Styria Tour

2 days | Fall & Spring

Tour this Austrian region known for its delicious wines and vineyards.

Program-Related Trip*

Business Study Tour of Austria and Germany

4 days | Fall & Spring

As an enhancement to your coursework, you will spend four days experiencing international diplomacy and commerce first-hand through exploring major production centers in Austria, including Red Bull, OMV (energy), and Voest Alpine (steel). The rest of the trip is spent in Germany, where you will tour the BMW corporation’s headquarters in Munich. The Vienna portion of the week will include excursions to international organizations in Vienna (like the UN and OPEC).

Course-Related Trips

IES Abroad Vienna also organizes course-related trips that complement IES Abroad courses and help you build your general knowledge of Austrian culture and society. Past trips have included visits to:

  • Political and economic institutions such as the Austrian Parliament and the United Nations office in the Vienna International Centre “UNO City”
  • Historical sites
  • Theater performances
  • Classical concerts

Daily Life

Part of making you feel at home in Vienna is doing our best to help you feel safe and cared for. Whether it’s the orientation program that prepares you for what’s ahead, your housing that is well-located and comfortable, or the field trips that take you to places off the beaten path—we’re all about our student services. This is just one of the things we’re known for.

Orientation

The program begins with an orientation that introduces you to the IES Abroad staff, your fellow students, and the city of Vienna. Topics such as academics, housing, transportation, and health and safety are covered.

Additionally, CORE™, IES Abroad’s Comprehensive Orientation & Re-entry Experience, begins during orientation and continues throughout the semester with activities focusing on cultural adjustment, goal achievement, and preparing for the return home.

During the weeks following orientation, you spend half of each day in intensive German language instruction. The rest of your time is spent in academic advising, lectures on contemporary Europe, Austria, and Vienna, and tours of Vienna and the surrounding area.

Housing

We want to make sure that your greatest challenge is deciding which landmarks to see first or discovering the best café—not finding a place to live where you feel comfortable. We do our best to locate housing that is reflective of how the local students are living. Our goal is that when you leave Vienna, it will feel like home.

Apartments – You have the option to live in an apartment that houses between three and six students. Some apartments are set aside for students interested in taking a language pledge and speaking only in German while at home.

Housing with Local Residents – You have the opportunity to live with one or more IES Abroad students and an Austrian landlady/landlord or Resident Assistant.

Residence Halls – Allowing you to live among Austrian and international students, residence halls feature double rooms with a shared bath.

You have full access to kitchen facilities for preparing meals, which are not included in the program fee. All housing options include free Internet access.

Extracurricular Activities & Cultural Events

Redefine the way you live and learn in Vienna through our cultural events, such as:

  • City tours
  • Museum visits
  • Theater events
  • Extracurricular sporting activities through the Universitätssportinstitut (for a minimal fee)

IES Abroad Vienna participates in a “buddy system” for language learning with native German speakers. The program lets you practice German and meet local students.

Cost

Consider these prices as a starting point. We encourage you to contact your study abroad office to determine the actual cost to you when factoring in financial aid, scholarships, your home school policies, and other factors.

Spring 2020

Term Tuition Housing Insurance Total
Spring 2020 $16,630 $3,900 $230 $20,760

Academic year

Term Tuition Housing Insurance Total
Academic year $29,180 $7,850 $455 $37,485

Scholarships & Aid

Program-Specific Scholarships

Robert McNeill Need-Based International Business Scholarship

Up to $3,000; awarded to 2 students each year.

This scholarship is named in honor of Robert McNeill, a member of the IES Abroad Board of Directors for 25 years (6 years as Chairman). Open to students who have an interest in international business. Majors might include management, marketing, economics, finance, international relations, and social and behavioral sciences.

Clarence & Alberta Giese Endowed Scholarship

Up to $2,000; awarded to 4-6 students each year.

In September 1950, 23 American students boarded the SS Volendam to begin their journey to Vienna where they would spend the next year living and studying in the Austrian capital. Paul Koutny, an idealistic Austrian student who envisioned the project together with Clarence and Alberta Giese, who were two of the original 23 students, launched the Institute for European Studies -- now IES Abroad -- from these humble beginnings. “The Clarence and Alberta Giese Endowed Scholarship” honors the Gieses and was established in recognition of the 60th anniversary of IES Abroad in 2010.

Our Center

Also known as the Palais Corbelli, the IES Abroad Vienna Center is an elegant 17th-century palace in the heart of the city and is just minutes from many of the museums, theaters, and other major cultural attractions that have bestowed international fame on Vienna.

Features include:

  • Classrooms
  • Student lounge and small library
  • Computer lab
  • High-speed Internet and printer access
  • Practice rooms and instrument storage for music students
  • Concert hall for music students
Last updated Nov 2019

About the School

Everything we do is about the IES Abroad student. Our profoundly passionate team of study abroad professionals believes in creating once-in-a-lifetime educational adventures that transcend expectation ... Read More

Everything we do is about the IES Abroad student. Our profoundly passionate team of study abroad professionals believes in creating once-in-a-lifetime educational adventures that transcend expectations. Our goal is to rock the world of some 6,000 study abroad students every year. Read less
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