INTERNATIONAL BANKING AND FINANCE

Live abroad in a beautiful city; gain skills relevant to practice and industry; analyze real companies, in real time, with expert lecturers; -truly an amazing experience. Invaluable unique insights and perspectives obtained from a diverse group of international students. The MA perfectly married my Canadian career experience and professional education-providing me with a competitive edge!

Mandy Sandhu, BT, Alumna

Qualification awarded
Master degree programme (3 semesters, 90 ECTS credits): Master of Arts in Business; abbreviated: MA

Level of qualification
Master degree programme: second cycle, ISCED 5A, EQF level 7

Specific admission requirements
Generally admission to universities of applied sciences degree programmes is based on a selective admissions process, which consists of a written application, an interview and a multiple-choice test. Admission to a master degree programme at a university or a university of applied science is granted on the basis of the successful completion of an Austrian bachelor degree programme (Bachelorstudium), including degrees from Austrian universities of applied sciences, or a comparable post-secondary degree acknowledged to be its equivalent. Applicants for the master degree programme have to show a minimum of the following qualifications on undergraduate level: Business Administration (4 ECTS Credits); Accounting and Controlling (4 ECTS Credits); Economics (4 ECTS Credits); Mathematics and Statistics (4 ECTS Credits).

Specific arrangements for recognition of prior learning (formal, non-formal and informal)
Students who have acquired certain competences through prior learning can apply for the recognition of these. If the competences were acquired within the framework of a formal learning process (university or equivalent, or other recognized training /education institutions), the programme director decides on the basis of the documents provided (transcripts, course descriptions, etc.), if the credits for the prior learning can be transferred. If competences were acquired in a non-formal or informal context, students can request a competence ascertainment test. If the student passes this test, the competences acquired through prior learning will be credited. Applications for recognition of prior learning have to be submitted within 14 days of the beginning of the semester in which the course is situated. Students must substantiate a request for recognition of prior learning with original documents or officially authenticated copies.

Recognition of study abroad periods
Before the study abroad period every prospective mobile student draws up a learning agreement which has to be approved by the UAS bfi Vienna and the host institution. In case of changes in the study programme the learning agreement may be amended. All changes have to be approved by both the UAS bfi Vienna and the host institution. After the mobility period students hand in their transcripts of records to the mobility coordinator, who will facilitate the recognition based on the signed learning agreements and the approved changes. The credits obtained at the host institution in accordance with the learning agreement are automatically transferred into the transcript of records of the UAS bfi Vienna with their original titles and a reference to the host institution, where the study abroad credits were obtained.

Qualification requirements and regulations
Prospective students should have:

  • a strong motivation to work in one of the various job areas in the banking and finance sector
  • willingness and competencies to deal with numbers and people
  • teamwork skills.

 

Applicants for the master degree programme have to show a minimum of the following qualifications on the undergraduate level:

  • Business Administration (4 ECTS),
  • Accounting and Controlling (4 ECTS),
  • Economics (4 ECTS),
  • Mathematics and Statistics (4 ECTS).

 

Profile of the programme
The main educational goals of the International Banking and Finance degree programme are:

  • to provide students with methodological-theoretical knowledge and social as well as personal skills for a career in the banking and finance industry,
  • to provide students with subject specific knowledge also in the second language English,
  • to prepare students for various management functions in the banking and finance industry.

 

The master degree programme focuses on bank management and prepares for management positions in all core processes of a bank: customer and product management, treasury, cost accounting, controlling, liquidity and risk management and bank management.

Key learning outcomes
The master graduates are able to:

  • apply methods and ideas in customer and product management, treasury, cost accounting, controlling, liquidity and risk management;
  • analyse the connections and effects of central banking processes, plan measures to steer these processes, and implement them in an international environment;
  • identify and analyse key topics of bank management in order to infer context-specific recommendations and measures;
  • realize ideas and methods of modern management theories (Corporate Social Responsibility;
  • Systemic Organization Development, Collaboration, Change und Innovation Management) and apply them appropriately;
  • collaborate in implementation and research projects in banking and finance.

 

Occupational profiles of graduates with examples
As employers for graduates of banking and finance the following types of companies are especially relevant: banks, insurances, leasing and credit card companies, investment companies, industry and holding companies, consulting, tax accountancy and auditing companies and regulatory authorities. The master graduates are best skilled to work in middle and higher management in all areas of a bank.

Access to further studies
Graduates of UAS master degree programmes are entitled to enrol in doctoral programmes at universities.

Course structure diagram with credits
  International Banking and Finance MA (PDF, 64.10 KB)

Course descriptions in German
Course descriptions in English

Examination regulations, assessment and grading
Every examination can be repeated twice, whereby the third examination is before a commission. In case of a negative commission examination, a once only application to repeat a year can be made to the degree programme director. According to the modalities for examinations outlined in the curricula, achievement may be evaluated upon the basis of oral and written exams or project related work. In principle oral examinations are open to the public (Source: Austrian Federal Ministry of Science and Research Unit III/7).
Final examination: For UAS bachelor degree programmes, independently written works, so-called bachelor papers, are to be produced within the lectures, the concluding bachelor examination is held in the form of a commission.
The examination at the end of a master degree programme consists of drafting of a master paper and a commission examination.

Austrian Grading Scheme (PDF, 38.95 KB)

Additional information about the grading system is provided in the Transcript of Records (ToR) and the Diploma Supplement.

Graduation requirements
The examination at the end of a master degree programme consists of drafting a master paper and a commission examination.

Mode of study (full-time, part-time, e-learning…): Career-parallel (Career-parallel programmes are designed for working students and take their specific situation into account. The semester takes 20 weeks and classes are held on three evenings per week and on Saturdays.)

Programme director or equivalent: Margit Ozvalda, tel.: ++43-1-7201286-55