UMD: A Globally Connected University

BMGT Exchange: Vienna University of Business & Economics (Austria)

Vienna, Austria
Terms offered: 
Fall
Spring
Year (Fall-Spring)
Program Type: 
Credit Type: 
Minimum GPA: 
3.0
Non-UMD Students Eligible to Apply: 
No
Language of Instruction: 
English,German

 

Host Institution
With about 20,000 students from Austria and abroad, Vienna University of Economics and Business (known in German as Wirtschaftsuniversität Wien, or WU) is the EU’s largest educational institution for business and economics, business law, and social sciences. The Financial Times has ranked WU among Europe's Top 50 Business Schools. Their wide ranges of courses as well as the international orientation of its teaching and research have made WU a renowned center of knowledge in many key fields of business and economics.
 

Host City
Vienna is the capital of Austria and is regaled as the City of Music and Dreams. Musicians such as Mozart, Beethoven, and Mahler have all performed in Vienna’s concert halls and the city is littered with monuments to the great composers. Sigmund Freud also lived in Vienna and his work gives the city its title as the “City of Dreams”. The Hofburg Museum houses all the jewels from the famed Hapsburg Empire. Vienna is also the seat of the United Nations Commission on International Trade Laws. Located in central Europe, Austria is a great starting point for exploring other countries and cities.
 


Exchange programs are highly competitive and space in each program is limited. You must meet the following eligibility requirements in order to apply to this program:

  • 3.0 GPA
  • Completion of 2 semesters at UMD
  • You must be a BMGT major

Exchange programs are a good fit for students looking for immersion, personal growth, and the opportunity to strengthen qualities such as independence and adaptability.

Student Visa Information
http://www.wu.ac.at/io/en/incoming/exchangeinbscmsc/exchangeguide_incoming/eg_entry_regulations_third_six_months


  1. Click "Apply Now" at the top of this page. You will log in with your UMD directory ID and password.
  2. Submit all application materials by the deadline listed below. This includes meeting with your EA advisor (listed at the top of this page), requesting a faculty letter of recommendation, and submitting an official transcript.
  3. FOR ENGR GE3 ONLY: If you are applying for a Global E3 exchange, you will need to submit an additional GE3 application by the deadline listed on their website.
  4. After the application deadline, we will review all completed applications and nominate students for available spots in each exchange program.
  5. If you are nominated to participate in this exchange, you will work with your EA advisor (listed above) to apply directly to the host university, who will formally admit you to the exchange program.
  6. Nominated students will then work with their EA advisor (listed above) and our partner universities to coordinate all aspects of the stay at the host university such as course registration, visas and arrival.

Students can take classes in English and also have the option of taking Business German courses and taking classes in German. Courses approved for transfer include those in: Finance, Information Systems, International Business, Management, Marketing, Operations Management, Supply Chain Management, Economics, and electives. For a full course list visit: http://www.wu.ac.at/io/incoming/courses/coursesinenglish/en/. For equivalencies of courses approved for transfer in the past, visit: http://www.rhsmith.umd.edu/files/Documents/Offices/GlobalPrograms/semester-ug/vienna.xls.

Language of instruction both English and German. Over 100 courses are offered in English, the school also offers intensive German language courses to assist with living in Austria.
 

Credit

All credit you earn on this program will count as transfer credit towards your UMD degree.  Most courses at WU will be converted as follows:

 

 WU Credit UMD Credit
2 credits 1 credit
6 Credit 3 Credit

The chart above was last approved by the UMD Transfer Credit Committee on March 27, 2014.

You can view how courses at this institution have previously been evaluated for UMD equivalents on the Undergraduate Exchange page hosted by the Smith School of Business and the Transfer Credit Services Equivalency Database (TCEQ).  If you are interested in taking a course not listed on TCEQ, you may have it evaluated for acceptability by following the UMD Registrar’s evaluation request guidelines.

Grading

Undergraduates must receive a C- equivalent or better in order to be eligible for the transfer of credit.
 

WU Grade UMD Grade
4 C -

FOR ENGR: You can view how courses at this institution have previously been evaluated for UMD equivalents through the UMD Registrar’s transfer credit equivalency database page for this university. You can also refer to the full list of ENGR course equivalencies.To view previously approved study abroad courses by engineering department, view the Engineering Study Abroad Course Guide.

FOR UMD: You can view how courses at this institution have previously been evaluated for UMD equivalents through the UMD Registrar’s transfer credit equivalency database page for this university.

FOR BMGT: You can view how courses at this institution have previously been evaluated for UMD equivalents by viewing the BMGT course list for this university.


Students can choose from dorm-style accommodations where they live with other exchange students and local students or make arrangements on their own for a private apartment or flat. Apartments are estimated to range between $325 - $584 a month.
 

UMD students participating in an Exchange have the benefit of paying UMD tuition rates to attend an institution abroad. For specific information on the cost of attending this Exchange, please see the UMD Exchange Cost Sheet

Tuition and fees for exchange programs are charged directly to your UMD account, which means you can apply UMD scholarships, state and federal financial aid, and alternative loans towards the cost of an exchange. Housing costs are paid directly to the host institution or on-site housing agency.

You can use the cost of attendance comparison worksheet to view how study abroad programs compare to each other and the amount you pay on campus at UMD. As always, your EA advisor (listed above) is available help you complete this worksheet and find affordable programs that fit your study abroad goals.

Please refer to the following resources for more information on funding study abroad:


Term Year Application Deadline Admission Notification Program Start Program End
Spring 2018 10/01/2017 10/11/2017 02/06/2018 07/01/2018
Dates reflect information that is available on the program sponsor website. Please confirm with program sponsor/host university before making your travel plans.
Fall 2018 03/01/2018 03/11/2018
Year (Fall-Spring) 2018 03/01/2018 03/11/2018