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Wikipedia

Vienna University of Economics and Business

January 09, 2023

Not to be confused with University of Vienna or Vienna Business School.

The Vienna University of Economics and Business (German: Wirtschaftsuniversität Wien, WU) is a public research university in Vienna, Austria, the largest university focusing on business, management and economics in Europe. It has been ranked as one of the best business schools in Europe and received Triple accreditation (AACSB, EQUIS and AMBA). Vienna University of Economics and Business ranked 36th among more than 13,000 universities worldwide offering degrees in Business & Management in the 2022 QS World University Rankings by subject.[1]

Vienna University of Economics and Business
TypePublic
Established1898
RectorEdeltraud Hanappi-Egger
Administrative staff
2,327 (2016)
Students23,782 (2016)
Location
Vienna
,
Austria
CampusUrban
AffiliationsAMBA, EQUIS, CEMS, EFMD, EUA, AACSB, PIM
Websitewww.wu.ac.at/en

History

 
Old Building of Hochschule für Welthandel, Währinger Park (used by the University of Vienna since 1985)

WU was founded on 1 October 1898 as k.u.k. Exportakademie (in English: Export Academy) to provide professional training to future businessmen and thus stimulate the Austro-Hungarian empire's economy. From humble beginnings as a professional school, it quickly grew to become an important institution, which was awarded the status of a fully-fledged Hochschule (an educational institution equivalent to a university, but specializing in a certain field such as technology or business or art) in 1919. At that time, it was renamed to Hochschule für Welthandel. The course of studies leading to the academic degree of Diplomkaufmann provided training preparing for the export and banking businesses and was very practical, comprising courses in business administration, economics, law and others. In 1930, the Hochschule für Welthandel was granted the right to issue doctoral degrees.

After World War II, the Hochschule für Welthandel increased its breadth in research. It started to become a very important institution in Austrian society at that time; most Austrian managers and many politicians received their university education here. From 1966 onward, it began to offer a more theoretical course of studies in economics. In 1975, it was renamed to Wirtschaftsuniversität Wien. At the same time, the number of students began to increase dramatically. In 1983, it moved to a campus in Vienna's 9th District. Due to further increasing student numbers during the 1990s the campus became too small. As a result, new university grounds had to be built in Vienna's 2nd district. The new Campus WU opened in October 2013, next to the Vienna Fair Ground.

Leadership

In January 2015, Edeltraud Hanappi-Egger was elected rector of WU. She is the first woman in the history of the University to be elected rector. Her term began on 1 October 2015.[2]

WU today

Today, WU has more than 20,000 students and over 400 researchers and lecturers, among those about 90 full professors. It increasingly draws students from outside Austria, mostly from Central and Eastern Europe. Most of the faculty are of Austrian or German nationality.

New campus

 
The northwest area of the campus
 
Library and Learning Center (left, architect: Zaha Hadid), Departement 1 (right, architect: Laura P. Spinadel)
 
Entrance to the LC
 
Interior of the LC
 
Departement 4, planned by Estudio Carme Pinós
 
Building EA (Executive Academy), planned by NO.MAD Arquitectos (Madrid)

The new location is dubbed "Campus WU" and had its groundbreaking ceremony in October 2009. Close to the Prater public park, and next to the exhibition centre of Vienna, the campus features 6 main building complexes resting on approximately 25 acres (10 ha). The master plan was created by BUSarchitektur under the guidance of the architect Laura P. Spinadel. The buildings of the campus are designed by architectural firms from Spain, the United Kingdom, Germany, Japan and Austria. The dominant element of the campus is the Library & Learning Center, which was planned by Zaha Hadid.

Construction began in June 2010 and paved the way for the largest campus for business sciences in Europe. With a total investment of 492 million Euros and a planned construction period of 3 years, the project was concluded in 2013. Campus WU is situated close to the public transport hub Praterstern and is serviced by two stations of the underground line U2 and a number of buses.

The LLC has five cores, each with a different complex geometry. The core walls are inclined at different angles and so are the corners which are also rounded with different radii. MEVA has developed and uses both standard and special formwork, or a combination of both, to meet the forming requirements for these complex building parts. Steel formwork, for example, is used for rounded corners if required for structural reasons. Trapezoidal areas of inclined cylindrical corner areas are poured with special Mammut 350 wall formwork panels and special designs of MEVA’s circular column formwork Circo are used for the tilted and rounded corners.[3]

The WU moved to the new site in September 2013, which is located at Welthandelsplatz 1, 1020 Vienna, Austria.

Research

Researchers at WU work in the following fields:

With students in Austria being free to choose at which university they enroll, WU has become the most popular business and economics university in Vienna and in Austria.

Studies

Due to its large size, WU is able to offer a very broad range of electives which is probably unparalleled anywhere in the German speaking region. Beginning in Fall 2006, WU began to modify its study programs to a bachelor/master/doctor system in order to align them with the Bologna Process.

English-taught master's programs:

  • Digital Economy
  • Economics
  • International Management (CEMS)
  • Marketing
  • Quantitative Finance
  • Socio-Ecological Economics and Policy
  • Strategy, Innovation and Management Control
  • Supply Chain Management

As at any Austrian or German university, scholars can also achieve a Habilitation at WU.

Furthermore, several courses in continuing education are offered (e.g. in marketing and sales, tourism management, logistics & supply chain management).

International Office (IO)

The International Office (IO) of the Vienna University of Economics and Business is a service institution for students, staff and faculty of this university. As a team, the International Office (IO) administers international exchange and creates new opportunities for internationalization in studying and teaching.

Thanks to numerous partnerships and worldwide cooperations, many paths are open to members of Vienna University of Economics and Business. In addition to the semester abroad, double degree programs, international summer universities and Erasmus funding for internships abroad are also possible. Short study programs, such as Central Europe Connect (CEC), and online learning initiatives can also be found in the portfolio of the International Office (IO).

Rankings and Accreditations

In 2009 Vienna University of Economics and Business was ranked as one of the best business schools in the German-speaking countries according to Handelsblatt and in 2011 it was ranked 21st in the list of the 392 worldwide leading higher education institutions by the Mines ParisTech: Professional Ranking of World Universities. The study obtained the higher education career of the CEOs of the world's leading 500 companies.

WU was ranked 42nd in the "European Business School Ranking 2014" by Financial Times. The Global Executive MBA Program by WU Executive Academy was ranked 44th in the "Executive MBA Ranking 2015" by Financial Times.[4]

The university's master in international management program was ranked 8th in the "Masters in Management Ranking 2016" by Financial Times.[5]

The university is part of the respected consortium of Europe's leading schools and corporate partners – Community of European Management Schools (CEMS).

WU has achieved accreditation from the London-based Association of MBAs (AMBA), Brussels-based EQUIS and Tampa-based Association to Advance Collegiate Schools of Business (AACSB International). Only 72 business universities worldwide can claim triple crown accreditation by EQUIS, AACSB, and AMBA.[6]

In September 2020 the Master Program Strategy, Innovation and Management Control achieved the 10th place in the QS Masters in Management Ranking making it the highest ranked Management Master program in the German speaking region.[7]

Notable faculty

Notable alumni

Politicians
Entrepreneurs and managers
Diplomats
  • Zygmunt Vetulani (1894–1941), Consul General of the Republic of Poland in Baghdad and Rio de Janeiro
Historians
Public Institutions

Notes

  1. ^ "QS World University Rankings for Business & Management Studies 2022". Top Universities. Retrieved 2022-08-26.
  2. ^ "Edeltraud Hanappi-Egger elected as WU's new Rector". Vienna University of Economics and Business. Retrieved 18 September 2017.
  3. ^ "The New Vienna University of Economics and Business".
  4. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  5. ^ "Masters in Management 2016". Financial Times. Retrieved 15 September 2017.
  6. ^ . Archived from the original on 19 September 2015. Retrieved 20 September 2015.
  7. ^ "Masters in Management 2021". QS. Retrieved 25 September 2020.
  8. ^ "Curriculum Vitae Claus Raidl". Retrieved 16 June 2017.
  9. ^ (in Spanish) Historiadores internacionales influyentes en Colombia – Banco de la República
  10. ^ "Schaumayer, Maria in Austria-Forum.org" (in German). Retrieved 27 September 2016.

External links

  • Official Website
  • WU Executive Academy
  • architecture for the new building
  • FT Ranking 2009
  • Handelsblatt Ranking 2009

Coordinates: 48°12′51″N 16°24′29″E / 48.21417°N 16.40806°E / 48.21417; 16.40806

January 09, 2023
vienna, university, economics, business, confused, with, university, vienna, vienna, business, school, german, wirtschaftsuniversität, wien, public, research, university, vienna, austria, largest, university, focusing, business, management, economics, europe, . Not to be confused with University of Vienna or Vienna Business School The Vienna University of Economics and Business German Wirtschaftsuniversitat Wien WU is a public research university in Vienna Austria the largest university focusing on business management and economics in Europe It has been ranked as one of the best business schools in Europe and received Triple accreditation AACSB EQUIS and AMBA Vienna University of Economics and Business ranked 36th among more than 13 000 universities worldwide offering degrees in Business amp Management in the 2022 QS World University Rankings by subject 1 Vienna University of Economics and BusinessTypePublicEstablished1898RectorEdeltraud Hanappi EggerAdministrative staff2 327 2016 Students23 782 2016 LocationVienna AustriaCampusUrbanAffiliationsAMBA EQUIS CEMS EFMD EUA AACSB PIMWebsitewww wu ac at en Contents 1 History 2 Leadership 3 WU today 4 New campus 5 Research 6 Studies 7 International Office IO 8 Rankings and Accreditations 9 Notable faculty 10 Notable alumni 11 Notes 12 External linksHistory Edit Old Building of Hochschule fur Welthandel Wahringer Park used by the University of Vienna since 1985 WU was founded on 1 October 1898 as k u k Exportakademie in English Export Academy to provide professional training to future businessmen and thus stimulate the Austro Hungarian empire s economy From humble beginnings as a professional school it quickly grew to become an important institution which was awarded the status of a fully fledged Hochschule an educational institution equivalent to a university but specializing in a certain field such as technology or business or art in 1919 At that time it was renamed to Hochschule fur Welthandel The course of studies leading to the academic degree of Diplomkaufmann provided training preparing for the export and banking businesses and was very practical comprising courses in business administration economics law and others In 1930 the Hochschule fur Welthandel was granted the right to issue doctoral degrees After World War II the Hochschule fur Welthandel increased its breadth in research It started to become a very important institution in Austrian society at that time most Austrian managers and many politicians received their university education here From 1966 onward it began to offer a more theoretical course of studies in economics In 1975 it was renamed to Wirtschaftsuniversitat Wien At the same time the number of students began to increase dramatically In 1983 it moved to a campus in Vienna s 9th District Due to further increasing student numbers during the 1990s the campus became too small As a result new university grounds had to be built in Vienna s 2nd district The new Campus WU opened in October 2013 next to the Vienna Fair Ground Leadership EditIn January 2015 Edeltraud Hanappi Egger was elected rector of WU She is the first woman in the history of the University to be elected rector Her term began on 1 October 2015 2 WU today EditToday WU has more than 20 000 students and over 400 researchers and lecturers among those about 90 full professors It increasingly draws students from outside Austria mostly from Central and Eastern Europe Most of the faculty are of Austrian or German nationality New campus Edit The northwest area of the campus Library and Learning Center left architect Zaha Hadid Departement 1 right architect Laura P Spinadel Entrance to the LC Interior of the LC Departement 4 planned by Estudio Carme Pinos Building EA Executive Academy planned by NO MAD Arquitectos Madrid The new location is dubbed Campus WU and had its groundbreaking ceremony in October 2009 Close to the Prater public park and next to the exhibition centre of Vienna the campus features 6 main building complexes resting on approximately 25 acres 10 ha The master plan was created by BUSarchitektur under the guidance of the architect Laura P Spinadel The buildings of the campus are designed by architectural firms from Spain the United Kingdom Germany Japan and Austria The dominant element of the campus is the Library amp Learning Center which was planned by Zaha Hadid Construction began in June 2010 and paved the way for the largest campus for business sciences in Europe With a total investment of 492 million Euros and a planned construction period of 3 years the project was concluded in 2013 Campus WU is situated close to the public transport hub Praterstern and is serviced by two stations of the underground line U2 and a number of buses The LLC has five cores each with a different complex geometry The core walls are inclined at different angles and so are the corners which are also rounded with different radii MEVA has developed and uses both standard and special formwork or a combination of both to meet the forming requirements for these complex building parts Steel formwork for example is used for rounded corners if required for structural reasons Trapezoidal areas of inclined cylindrical corner areas are poured with special Mammut 350 wall formwork panels and special designs of MEVA s circular column formwork Circo are used for the tilted and rounded corners 3 The WU moved to the new site in September 2013 which is located at Welthandelsplatz 1 1020 Vienna Austria Research EditResearchers at WU work in the following fields Business Administration and all its branches Economics Law Linguistics focus on Business Communication Socioeconomics Mathematics and Statistics Economic History and Economic GeographyWith students in Austria being free to choose at which university they enroll WU has become the most popular business and economics university in Vienna and in Austria Studies EditDue to its large size WU is able to offer a very broad range of electives which is probably unparalleled anywhere in the German speaking region Beginning in Fall 2006 WU began to modify its study programs to a bachelor master doctor system in order to align them with the Bologna Process English taught master s programs Digital Economy Economics International Management CEMS Marketing Quantitative Finance Socio Ecological Economics and Policy Strategy Innovation and Management Control Supply Chain ManagementAs at any Austrian or German university scholars can also achieve a Habilitation at WU Furthermore several courses in continuing education are offered e g in marketing and sales tourism management logistics amp supply chain management International Office IO EditThe International Office IO of the Vienna University of Economics and Business is a service institution for students staff and faculty of this university As a team the International Office IO administers international exchange and creates new opportunities for internationalization in studying and teaching Thanks to numerous partnerships and worldwide cooperations many paths are open to members of Vienna University of Economics and Business In addition to the semester abroad double degree programs international summer universities and Erasmus funding for internships abroad are also possible Short study programs such as Central Europe Connect CEC and online learning initiatives can also be found in the portfolio of the International Office IO Rankings and Accreditations EditIn 2009 Vienna University of Economics and Business was ranked as one of the best business schools in the German speaking countries according to Handelsblatt and in 2011 it was ranked 21st in the list of the 392 worldwide leading higher education institutions by the Mines ParisTech Professional Ranking of World Universities The study obtained the higher education career of the CEOs of the world s leading 500 companies WU was ranked 42nd in the European Business School Ranking 2014 by Financial Times The Global Executive MBA Program by WU Executive Academy was ranked 44th in the Executive MBA Ranking 2015 by Financial Times 4 The university s master in international management program was ranked 8th in the Masters in Management Ranking 2016 by Financial Times 5 The university is part of the respected consortium of Europe s leading schools and corporate partners Community of European Management Schools CEMS WU has achieved accreditation from the London based Association of MBAs AMBA Brussels based EQUIS and Tampa based Association to Advance Collegiate Schools of Business AACSB International Only 72 business universities worldwide can claim triple crown accreditation by EQUIS AACSB and AMBA 6 In September 2020 the Master Program Strategy Innovation and Management Control achieved the 10th place in the QS Masters in Management Ranking making it the highest ranked Management Master program in the German speaking region 7 Notable faculty EditGustaf Neumann Christoph Badelt Christoph Grabenwarter Edeltraud Hanappi Egger Manfred M Fischer Renate Meyer Ewald Nowotny Bodo Schlegelmilch Clive Spash Wolfgang Lutz Gabriel FelbermayrNotable alumni EditPoliticiansThomas Klestil 1932 2004 Austrian President 1992 2004 Franz Vranitzky 1937 Austrian Chancellor 1986 1997 Ferdinand Lacina 1942 Austrian Finance Minister 1986 1995 Hannes Androsch 1938 Austrian Finance Minister 1970 1981 and Vice Chancellor 1976 1981 Christoph Chorherr 1960 Green Party Spokesperson 1996 1997 Madeleine Petrovic 1956 Green Party Spokesperson 1994 1996 Wolf Klinz Liberal Party member of the European Parliament 2004 present Petra Steger Freedom Party of Austria member of the National Council Christoph Meineke 1979 Mayor Andreas Salcher 1960 Sixtus Lanner 1934 2022 Austrian MP Ilona Graenitz 1943 2022 Austrian MP and MEPEntrepreneurs and managersMax Auschnitt 1888 1957 Chairman of Iron Domains and Factory and Titan Nădrag Călan Peter Brabeck Letmathe 1944 Chairman and CEO Nestle AG Oskar Deutsch born 1963 entrepreneur and President of the Jewish Community of Vienna Hikmet Ersek 1954 CEO Western Union Hans Peter Haselsteiner 1944 CEO Strabag SE Peter Loscher 1957 CEO Siemens AG 2007 2013 Dietrich Mateschitz 1944 2022 Founder amp CEO Red Bull Wolfgang Porsche 1943 Chairman of Porsche AG Porsche SE and Volkswagen AG supervisory boards Claus Raidl 1942 former CEO Bohler Uddeholm President Oesterreichische Nationalbank 8 Christopher Schlaffer 1969 CDO VEON Erman Ilicak President of Ronesans Holding ranked 1st in Forbes Turkey s 100 Wealthiest Turks list in 2019 DiplomatsZygmunt Vetulani 1894 1941 Consul General of the Republic of Poland in Baghdad and Rio de JaneiroHistoriansJuan Friede 1901 1990 Muisca scholar and historian of Colombia 9 Public InstitutionsMaria Schaumayer 1931 2013 President Oesterreichische Nationalbank 1990 1995 10 Notes Edit QS World University Rankings for Business amp Management Studies 2022 Top Universities Retrieved 2022 08 26 Edeltraud Hanappi Egger elected as WU s new Rector Vienna University of Economics and Business Retrieved 18 September 2017 The New Vienna University of Economics and Business Business school rankings from the Financial Times FT com rankings ft com Masters in Management 2016 Financial Times Retrieved 15 September 2017 WU receives AACSB accreditation and completes triple crown accreditation WU Archived from the original on 19 September 2015 Retrieved 20 September 2015 Masters in Management 2021 QS Retrieved 25 September 2020 Curriculum Vitae Claus Raidl Retrieved 16 June 2017 in Spanish Historiadores internacionales influyentes en Colombia Banco de la Republica Schaumayer Maria in Austria Forum org in German Retrieved 27 September 2016 External links EditOfficial Website WU Executive Academy architecture for the new building FT Ranking 2009 Handelsblatt Ranking 2009 Coordinates 48 12 51 N 16 24 29 E 48 21417 N 16 40806 E 48 21417 16 40806 Retrieved from https en wikipedia org w index php title Vienna University of Economics and Business amp oldid 1122890296, wikipedia, wiki, book, books, library,

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