Banking and Finance (Master)

Bild ist Dekoration/Decorative picture

The objective of the master’s programme in Banking and Finance is to offer a solid and well-founded education in finance, particularly focusing on asset pricing and financial markets, banking and financial intermediation as well as corporate finance. It aims at introducing students to the most recent theories and methods which are necessary for a successful career in the financial sector, public administration, and regulatory agencies. The master’s programme has two special focuses: one on business and one on science.

The master's programme is not only open to those with a bachelor’s degree in business, economics, or a related discipline, but also to applicants with a degree in other fields of study who are interested in finance, particularly to those with a formal science background.

All courses are instructed in English. For this reason, the command of English at level C1 according to the Common European Framework of Reference is required.

Students have the opportunity to choose courses from other disciplines of the economic sciences as well as related fields, and can select courses in research methods. These electives may also be courses held in German.

Master of Science

Degree Programme Code: 066 974

4 semesters / 120 ECTS credits

Language: English

NO entrance examination

Curriculum

Study Programme

Bild ist Dekoration/Decorative picture

The master's programme in Banking and Finance offers a solid, well-grounded education in the key areas of finance. Students also acquire knowledge in other disciplines of the economic sciences, in related areas, and in research methods.

The programme consists of a general "core programme" and two alternative branches of study labelled "business orientation" and "science orientation". In both branches, students select between specialised courses in different subjects related to the area of finance.

In the "core programme", the following courses are mandatory:

  • Basics of Finance
  • Decisions under Uncertainty
  • Introductory Econometrics
  • Core Courses in Financial Asset Pricing, Banking and Financial Intermediation, and Corporate Finance
  • Money and Banking
  • Game Theory and Information Economics

The specialisation "business orientation" trains students in the fields of modern banking management and corporate finance, preparing them for positions in financial departments of corporations and consulting firms, in controlling, in risk management, in commercial banking and in investment banking.

The specialisation "science orientation" allows students to choose between three different disciplines, i.e. banking, corporate finance, and financial markets. Graduates are prepared for positions in central banks, federal authorities supervising different segments of the financial market, international financial institutions, and research departments of banks. It also enables graduates to continue their studies and to apply for PhD programmes in Finance at highly reputable universities.

 Overview of the programme structure & topics

Here you find the current offer of courses for this programme to gain better insight into the topics and structure. For more information please click on the respective level.



Teacher's Opinion

”The master’s program in Banking and Finance addresses the institutional particularities of the financial systems in Continental Europe, such as their strong banking focus. In addition to the necessary analytical, methodological skills and the institutional knowledge, students will be made familiar with the underlying economic mechanisms. Thus, the basis for a professional career will be laid and students will be taught how to manage successfully under ever more rapidly changing regulatory, technical and economic conditions.

The most important qualification for the programme is the personal interest in the topic. Basic knowledge in economic science, mathematics and statistics is also necessary to a certain degree; a prior academic degree in those particular subjects, however, is not necessary. The programme will be held exclusively in English.”

- Univ.-Prof. Thomas Gehrig, Ph.D., Professor of Finance

After Graduation

Graduates' Opinion

Bild ist Dekoration/Decorative picture

“For me, it was a good choice to study at the Faculty of Business, Economics and Statistics at the University of Vienna, in particular because of the practically-oriented group works, the quantitative orientation in many of my elected courses, small class sizes and the excellent relation between lecturers and students.

In my daily work, I often rely on the financial knowledge and the ability to solve new and complex problems, acquired and exercised at the University of Vienna.

The master’s programme in Banking and Finance sounds very interesting to me. It provides a consolidated financial knowledge and opens the doors to a wide range of opportunities in the professional and also in the academic world.”

- Anna Demmelmayr, MSc, Senior Associate KPMG Advisory GmbH Austria
Graduate of the master’s programme in Business Administration with a specialisation in
Corporate Finance and Operations Research in 2014

Bild ist Dekoration/Decorative picture

“The master’s programme in Business Administration with full specialisation in Finance gave me a sound knowledge of Corporate Finance and Financial Markets with a focus on quantitative approaches.

The matter I especially like in the new master’s programme in Banking and Finance is the diversity of students. Undergraduates with different academic backgrounds, reaching from business administration and economics to mathematics, statistics and business informatics will teach all participants to solve problems through a variety of methods and look at challenges from different angles. I think the new programme is a great opportunity for all students with a high motivation and self-initiative to build a solid ground for their future career.“

- Richard Boulanger (CFA), MSc, Global Macro Strategist, ZZ Asset Management
Graduate of the master’s programme in Business Administration with a specialisation in
Corporate Finance and Financial Markets in 2014

Graduates' Perspective on the Degree Programme

Graduate Survey

The University asks graduates to provide their opinion about the degree programme immediately after graduating. The survey results show how graduates evaluate the degree programme they completed from a subject-specific and organisational perspective.

 

The graduate survey is an important feedback tool for continuously improving the quality of studies.

Career Tracking of Graduates

The tracking of graduates provides information about the career paths of the University of Vienna graduates and aims at providing guidance for career entry after graduation (e.g. questions about the duration of job search until first employment after graduation, salary development and sectors that graduates are active in).