Overview
Key facts
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). 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 abroad.
Career Prospects
Our graduates are ideally prepared to take on executive positions in established companies and are provided with a toolkit that eventually enables them to found their own company.
After completing the program, students have learned to think and act as entrepreneurs and to actively contribute to organizations and lead them into the future. Our graduates are able to combine expertise in the areas of strategy, innovation, organization, and change management, as well as in managing and leading businesses from a financial perspective. This is the main reason why our alumni are employed in various industries and work in diverse functions.
Award Winning Program
The MSc Strategy, Innovation, and Management Control has is among the best 20 Masters in Management worldwide (QS Masters in Management Ranking 2020).
Accreditation
QS Masters in Management Ranking 2020: 17th
Programme Structure
Courses included:
- Strategic Business Analytics
- Managerial Economics
- Professional Development Workshop
- Business Planning and Performance Management
- Digital Transformation
- Business Project
Key information
Duration
- Full-time
- 24 months
Start dates & application deadlines
- Starting
- Apply before , International
- Apply before , EEA/EU
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Language
Credits
Delivered
Disciplines
Management Studies Innovation Management Strategic Management View 35 other Masters in Management Studies in AustriaAcademic requirements
English requirements
Other requirements
General requirements
- Relevant Bachelor's program or other equivalent degree program (worth at least 180 ECTS credits).
- The Bachelor Programs in Business Law (BAWIRE), Business and Economics (BBE) and in Business, Economics and Social Sciences (BAWISO) at WU Vienna University of Economics and Business are considered relevant.
Tuition Fee
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International
1454 EUR/yearTuition FeeBased on the tuition of 727 EUR per semester during 24 months. -
EU/EEA
728 EUR/yearTuition FeeBased on the tuition of 364 EUR per semester during 24 months.
The standard tuition fee is € 363.36 per semester. The tuition fee for Non-EU and Non-EEA Citizens is € 726.72 per semester.
Living costs for Vienna
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.