Application deadline: annually, spring
Tuition fee:
  • € 42,000 / Module (EEA)
  • € 42,000 / Module (Non-EEA)
Start date:
Duration full-time: 14 months
Partnership: Joint
Languages:
  • English
Location:
Delivery mode: On Campus
Educational variant: Part-time
More information: Go to university website
Intensity: Flexible
Part-time variant: Weekend

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Description

Global Executive MBA - 2 degrees, 3 continents, 14 months

Participants of the program receive two MBA degrees, an American and a European. The program belongs to the elite circle of MBA programs with four accreditations (AACSB, AMBA, EQUIS, FIBAA) and is top-listed in international rankings:

The program focuses on general management and leadership issues and taught in English. Emphasis is placed on the impact of globalization, the development of appropriate corporate strategies, the management of change processes and the acquisition of solid financial management skills.

During 14 months and only 40 working days off-the job, participants work on three continents and earn degrees from two leading business schools in America and Europe. Ten four-day modules are taught in Vienna and are accompanied by two-week pre and post module distance learning phases. The program also includes three international residencies to Eastern Europe (St. Petersburg, Russia), Asia (Guangzhou, China & Bangalore, India) and America (New York & Minneapolis, U.S.A.).

The didactic design, consisting of pre-, core- and post-module work, ensures an efficient transfer of knowledge while participants develop their professional career. The pedagogical approaches are diverse, ranging from interactive case studies to business simulations and formal presentations.

The Virtual Team Project is a key component of the Executive MBA (Global). It makes the academy one of the few institutions offering an MBA program that implements this innovative learning method.

Our partner university, the Carlson School of Management of the University of Minnesota, is running two additional Executive MBA programs - in China and the USA. All of these programs have an integral virtual team project as a key part of the curriculum - bringing together 130 MBA students from 3 universities to work in 18 teams on varying complex assignments. The university puts the teams together, paying careful attention to ensure the broadest possible range of experience and perspectives in each group. Experts and university professors coach the teams, who use a customized online platform to facilitate interactive working-processes for the duration of the project. The students face the challenges of working across cultures and time zones. Participants need to apply all their intellect, knowledge and acquired skills in order to successfully conclude the Virtual Team Project. At the end of the Executive MBA program, all teams gather and present their business plans from their chosen projects during the USA residency in Minneapolis.

10 Good Reasons for Choosing this MBA

Four Accreditations

The WU Executive Academy´s Executive MBA belongs to the elite circle of MBA programs to be four-times accredited (AACSB, AMBA, EQUIS, FIBAA).

Dual Degree

The Global Executive MBA combines the resources and knowledge of two leading business schools worldwide: the Carlson School of Management, University of Minnesota and the Vienna University of Economics and Business (WU). Participants in the program benefit from this powerful partnership as they earn two degrees from both schools.

World-Class Faculty

Our instructors consist of both international faculty and top executives. Besides WU Vienna and the Carlson School, in recent years professors from the University of South Carolina (U.S.A.), the Indian Institute of Management (India), the St. Petersburg State University (Russia), the Lignan University (China) and Simon Fraser University (Canada) provided the latest scientifically-based knowledge and in-depth views of state-of-the-art application of management models.

Truly International Program

The exclusive program setting, with cross-cultural teams, top faculty and international residencies, reflects the reality of doing business today.

International Residencies on 3 Continents

In the course of the 3 residencies in 4 countries (Russia, India, China, U.S.A.) and 3 continents, participants gain in-depth knowledge of business theory and practice in emerging and mature markets. Numerous company visits give the participants the unique opportunity to gain insider information on local management strategies.

Worldwide Alumni Network

As an Executive MBA graduate, you become part of the two vast alumni networks of the WU Executive Academy and the Carlson School. Cross-cultural business relationships give alumni and their companies access to an extended global network and a set of exclusive alumni services.

Outstanding Peer Group

The diversity of the carefully selected participants, with their varied backgrounds and perspectives, contributes so much of the richness and quality to our open-enrolment programs. Working with like-minded international colleagues to generate new ideas, reflect on one´s current work and exchange insights adds immeasurable value to the program.

Flexible Format

The specific structure of our MBA programs is designed to suit the personal needs of hard-working executives. Therefore, the modular structure allows managers to participate in a world-class MBA program while developing their individual careers.

Excellent Value for Employers

The value of recruiting and retaining top talent is key for truly forward-thinking companies. Supporting their managers in pursuing an MBA at the WU Executive Academy is rewarded by highly motivated talent who bring the full force of their knowledge and abilities to bear on behalf of the employer´s goals for the future.

State-of-the-Art Technology

On our programs, participants benefit from state-of-the-art, technology-based learning methods. MBA participants have access to "Learn@WU", one of the leading e-learning platforms with more than 45,000 e-learning materials and over 32,000 users.

Contents

Program Focus

  • Managing People & Organizations
  • Data analysis & Decision Making
  • Financial Accounting
  • Economies in Transition (Russia)
  • Managerial Accounting
  • Strategic Marketing Management
  • Financial Management
  • Business, Government & Macroeconomics
  • Operations Management
  • Managing Globalization (China)
  • Information Technology Management (India)
  • Advanced Financial Management for Global Markets
  • Negotiations & Conflict Management
  • Strategies for a Global Company (USA)

Virtual Team Project

The Virtual Team Project unites Executive MBA participants of three world-class business schools: The WU Executive Academy (Austria), the Carlson School of Management (USA), and the Lingnan (University) College (China).
Students brought together in virtual teams not only work on a highly demanding topic but also face the inherent challenges of working across cultures and in three different time zones. Each team works on a project aimed at introducing a product or service to a new overseas market or a new product or service into an existing market.
During the USA residency, all virtual teams gather to present their respective business plans at the end of the Executive MBA program in Minneapolis.

Audience

  • International student body comprises over 35 nations to date
  • Average work experience: 14 years
  • Average age: 36 years
  • International students: 50%
  • Female/Male: 30% / 70%

Lecturers

Our Executive MBA (Global) faculty comprises some of the finest business minds in the world, drawn from an expert pool from WU Vienna, the University of Minnesota and prestigious partner universities around the globe. The faculty members bring fresh perspectives and new ideas to all facets of business. They share a passion for knowledge development and constantly encourage their students to strive for higher standards.
Faculty members are leaders in current business research. Their latest findings are published in leading international journals.
Their combined experience and international expertise enables the faculty to present an integrated, global management perspective emphasizing the application of theory to practice.

Requirements

Students:

Total MBA Students: 40

Total of MBA Students Per Class: 30-40

Average Age: 36 years

Age range: 30-45 years

Average work experience: 14 years

Percentage foreign students: 50 %

Percentage woman students: 30 %

GMAT:

Minimum GMAT: N/A

Average GMAT: N/A

Comment:

Admission Requirements:

- Undergraduate degree, equivalent to a bachelor degree

- Minimum of 5 years relevant work experience

- Proficiency of written and spoken English

- 2 Letters of recommendation

- Completed application form

- Interview with the academic director

Work Experience

At least 5 year(s) of work experience are required.

Funding

Several scholarships are available to domestic and international students for MBA programs. Full details are available at http://www.executiveacademy.at/financing.

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Accreditation

AACSB

AMBA

EQUIS

FIBAA

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