Overview

The Strategy, Innovation and Management Control program from WU (Vienna University of Economics and Business) bridges the gap between the qualitative aspects of management (strategy and innovation) and the quantitative aspects (management control and financial management).

Key facts

Strategy implementation is emphasized heavily alongside strategy creation and conceptualization.

After acquiring an in-depth understanding of how companies develop business strategies and translate them into employee action, you will have the opportunity to apply your knowledge in real-life situations, either by choosing a business project in cooperation with one of our corporate partners or by taking a garage course and developing your own start-up idea.

The program’s flexible structure encourages you to broaden your horizons by going on an exchange semester or completing a double degree at one of our Partneruniversities abroad.

Career Prospects

SIMC graduates are in high demand on the international job market. A strong network of alumni and corporate partners also contributes to your excellent career prospects all over the world.

Accreditation

QS Masters in Management Ranking 2023: 10th

Programme Structure

Courses included:

Fundamentals of Strategic Management

Fundamentals of Entrepreneurship and Innovation Management

Fundamentals of Management Control

Fundamentals of Entrepreneurial Finance

Thesis Seminar: How to Write a Thesis

Strategic Business Analytics

Managerial Economics

Professional Development Workshop

Business Planning and Performance Management

Digital Transformation

Business Project

4 Electives

Personal skills I + II

Master’s Thesis and Master's Thesis Defense
Optional Double degree/ Exchange Semester

Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2027-10-01 00:00:00
- Apply before 2027-03-08 00:00:00

Language

English

TOEFL^® IBT

100

Schedule TOEFL®

IELTS

7

Prepare for Your English Test

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4.9/5 student rating

Credits

120 ECTS

Delivered

On Campus

Campus Location

Vienna, Austria

Disciplines

Management Studies Innovation Management Strategic Management View 8 other Masters in Innovation Management in Austria

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Academic requirements

GMAT

600

English requirements

TOEFL^® IBT

100

Schedule TOEFL®

IELTS

7

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

1.Relevant Bachelor's program

Completion of or enrollment in a relevant degree program at a recognized Austrian or foreign post-secondary institution. Prerequisites for the Master’s Program include:

The program must comprise at least 180 ECTS credits (corresponding to three academic years).

45 ECTS credits have to be earned by passing exams in the field of business administration/economics.

2. Sufficient proficiency in English
3.Proof of aptitude (Selection criteria)

In addition to the admission requirements, you also have to prove your aptitude for the master’s program.

Proof of achievement potential: Valid GMAT (Online) Exam result of at least 600 points / valid GMAT Focus Edition Exam result of at least 565 points. Please allow enough time for test registration and evaluation. The official confirmation of your result, which you must upload, takes up to twenty days.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at WU (Vienna University of Economics and Business) and/or in Austria, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

1452 EUR / year

≈ 1452 EUR / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

Free

Additional Details

Tuition fees can be waived permanently or temporarily for certain groups of students under certain conditions: https://short.wu.ac.at/tuition_fees

Living costs

Vienna

Austria

861 - 1331 EUR / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Strategy, Innovation and Management Control.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Key facts

Career Prospects

Accreditation

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Tuition Fees

International Applies to you

EU/EEA Applies to you

Additional Details

Living costs

Vienna

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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