Practice-oriented education for the financial experts of tomorrow

In the Quantitative Asset and Risk Management (ARIMA) master’s programme you will gain knowledge and practical skills through intensive, practice-based training in the fields of financial risk management and asset management. Comprehensive insights of industry experts focussing on banking and insurance will further enhance your learning. This unique combination opens up exciting prospects for a highly successful career in the finance sector.

Below you will find information on:

International experience and a professional network

Benefit from our diverse international offerings:

  • Graduate with a double degree.
  • Study at a partner university, either for a whole semester or by participating in an intensive programme for two weeks.
  • Exchange ideas, in Vienna and abroad, with students from all over the world.
  • Engage with lecturers boasting a range of professional experience in Europe and abroad.

The global network and the international skills you gain in this programme pave the way to a dynamic and mobile international career.

In recognition of our programme’s focus on internationalisation, we were awarded the Certificate for Quality in Internationalisation (CeQuInt) in 2023.

Data management and analysis skills for the future

Learn to use the most widely used programming languages and tools in the finance world, such as Python, R, SAS, SQL and Bloomberg. Mastering these technical skills is essential for modern asset and risk management, and acquiring them prepares you for the demands of the job market.

During the course of this programme, you have the opportunity of earning certificates and qualifications, such as the SAS Joint Certificate. Such qualifications demonstrate your skills and enhance your career opportunities.

An efficient start to your studies

While our programme appeals to candidates with an affinity for mathematics and statistics, we recognise that not all students start with the same level of theoretical knowledge. Our onboarding programme supports you in preparing for the complex topics of the programme. Targeted warm-up courses and support from academic staff lay the foundations for achieving success in your studies.

You can find an overview of the programme contents in the curriculum and in the programme brochure.

Application and admission procedure

Apply here.

Detailed information on admission procedures can be found here!

Online info sessions

Join our online info session tailored for international students interested in joining our University of Applied Sciences. Our International Office colleagues will answer your questions about, for example, programs, campus life, accommodation, visa requirements, and cultural integration. Whether you're curious about admissions or settling into campus, we've got you covered!

Dates:
  • Wed, 07.05.2025, 5:00 - 7:00 pm

>>Register now!

You can spontaneously join our online info sessions without registering. Just click on the link below:

>>Direct link for spontaneous participants

Typical career fields open to you after graduation:

  • Asset management
  • Risk management
  • Liability management
  • Private banking and family office
  • Compliance and regulatory reporting

You can find more information in the current brochure of the degree programme (German)

Interested?

Short Facts

Degree/Title

Master of Arts in Business, MA

Length of programme

4 semesters

Mode of study

Career parallel programme: three times a week in the evening and Saturdays during the day

Place of study

Campus Wohlmutstrasse
Wohlmutstrasse 22
1020 Vienna

Language of instruction

English

Credits

120 ECTS

Tuition fee

€ 363.36 / semester (+ student union fee)

Semester abroad

Obligatory in the second academic year, in blocked form (e.g. two weeks) at one of our partner universities. The degree programme recommends completing a semester abroad in the 3rd semester or 4th semester.

Admission procedure

  • Written application
  • Online MC test
  • Structured interview

Preparation for admission procedure

For preparation, we recommend our preparatory script. You can also find more information in our "Master Application and Admission Guide" under the info materials. No external courses are required.

Application period for EU/EEA-citizens

1 October until 15 May

Application period for non-EU/EEA-citizens

1 October until 30 April

Admission requirements

  • Secondary school leaving-certificate (High school Diploma) AND
  • Completion of a social studies/business/natural science/ law/ technical degree in Austria or equivalent degree abroad (The legalization list can be found here.)

with documented qualifications in

  • Economic sciences (at least 9 ECTS) and
  • Mathematics or statistics (at least 6 ECTS).

For this degree programmes you require English CEFR-competence level C1. German language competence is not necessary for this programme.

Bridging courses

Take advantage of the free bridging courses offered by the UAS BFI Vienna (May to July) to acquire missing ECTS and qualify for admission to a master programme.

Level of qualification according to the National Qualification Framework and the European Qualifications Framework

NQR 7

Field(s) of study (e.g. ISCED-F)

0412 finance, banking and insurance

Access to further studies

Graduates of UAS master programmes are entitled to enroll in relevant doctoral programmes (pursuant to § 6 para. 4 FHG, as amended) or university courses.

<p>Veronika Hallwirth, University of Applied Sciences BFI Vienna</p>

Veronika Hallwirth

Coordinator

veronika.hallwirth@fh-vie.ac.at

+43 1 720 12 86-931