New Master’s Programme in 2017

Banking and Finance

Faculty of Business, Economics and Statistics

co n t e n t a n d F o c u s the aims of the master’s programme in Banking and Finance are• toofferasolidandwell-foundededucationin

finance,particularlyfocusingonassetpricingandfinancialmarkets,bankingandfinancialintermediationaswellascorporatefinance;

• toequipstudentswiththeabilityto understandfinance-relatedissuesina comprehensivewayandanalysethemusingadequatemodelsandmethods;

• toprovidestudentswiththenecessaryskillstodealwithdataandinformationsystemsrelatedtofinancialmarketsinacritical,reflexiveandalsoapplication-orientedway;

• toenablestudentstoadaptandapply theirtheoreticalknowledgewhenmaking practicalmanagementdecisions;

• topreparestudentsforaPhDprogrammein Finance.

WhocanaPPly?Themaster’sprogrammeisintendedforallstudentswithanaptitudeforfinancialissues.Weencouragestudentswithvariousback-groundssuchasbusiness,economics,statistics,mathematics,physicsandtechnicalsciencestoapply.asoundbackgroundinmathematicalandstatisticaltoolsisadvantageousbutnotarequirement.however,weexpectstudentstohaveaworkingknowledgeofcalculusandtoknowthebasicsofvectorsandmatrices,probabilityandstatistics.candidatesarenotrequiredtohavepreviousworkexperiencebut itwouldnotputthematadisadvantage.

EnTry rEquirEmEnTsTobeadmittedtothemaster’sprogrammeinBankingandFinance,studentsmusthavecom-pletedasuitablebachelor’sprogrammeatarecognisedaustrianorforeignpost-secondaryeducationalinstitution.

Graduatesfromthebachelor‘sprogrammesBusinessadministration,internationalBusinessadministration,Economics,statistics,Businessinformatics,computerscienceandmathe-maticsattheuniversityofViennaqualifyas candidates for admission to the master’s programmeinBankingandFinancewithoutanyotherrequirements.

For graduates of other programmes, the following qualitative admission requirements apply in any case:• sufficientcommandofEnglishcorrespond-

ingtoatleastlevelc1ofthecommonEuropeanFrameworkofreferenceforlanguages.PleasefinddetailedEnglishlanguageproficiencycriteriaat studentpoint.univie.ac.at/en/application/ad-mission-master-programmes/ diploma-from-another-university

• priortraininginthefieldsofbusinessadministration, economics, mathematics, and statistics comprising 30 ects credits, ofwhichatleast3EcTscreditseachmusthavebeenacquiredincoursesonmathe-matics and statistics

• achievementofatleast150pointsinthe assessmentsectiononquantitativereason-ingoftheGrErevisingGeneralTest(inwhich mathematicalknowledgeisexaminedandatotalmaximumof170pointscanbe acquired)withintheprevioustwoyears.

KEy DaTaDuration:4semesters,120EcTsDegree:masterofscience(msc)Language of instruction:English(coursesofferedinGermanmaybechosenaselectives)

co u r s e sintroductoryphase(36EcTs):• BasicsofFinance(4EcTs)• Decisionsunderuncertainty(4EcTs)• introductoryEconometrics(8EcTs)• corecoursesinFinance1(12EcTs)(assetPricing,BankingandFinancialintermediation,

andcorporateFinance,4EcTseach)• moneyandBanking(4EcTs)• GameTheoryandinformationEconomics(12EcTs)

s TuDEnTs may choosE BE TWEEn TWosPEc ial i saT ions :Business orientation• specialisation(24EcTs)inBankingorcorporateFinance• ElectivesinFinance,accountingandEconomiclaw(20EcTs)• ElectivesinBusiness,Economicsandstatistics(8EcTs)

Science orientation• corecoursesinFinance2(12EcTs)• EconometricsinFinance(8EcTs)• specialisation(16EcTs)inBankingorcorporateFinanceorFinancialmarkets• ElectivesinFinance,Businessadministration(inparticularaccountingandcontrolling),

Economics,mathematicsandstatistics,Financialandinsurancemathematics,Econometrics,ProgrammingandcomputerBasedFinancialmodelling,Economiclaw,Psychology(16EcTs)

Master’s Thesis Module(24EcTs,includingseminarandpublicdefense)

“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, aquired and exercised at the University of Vienna.

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

“The master’s programme in Business Admin-istration 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 infor- matics 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 oppor-tunity for all students with a high motivation and self-initiative to build a solid ground for their future career“.

JoB oPPorTuniT i EsThemaster’sprogrammeinBankingandFinanceprovidesstudentswiththenecessaryskillsforambitiouscareersintheoreticalandappliedresearchaswellasforspecialisedandexecutivepositionsinbothprivateenterprisesandthepublicsector.

inparticular,graduatesofthisprogrammefindexcellentopportunitiesinconsultingfirms,controllingandfinancedepartmentsofcompanies,risk-managementandcorporatefinancedepartmentsofbanksaswellascentralbanks,governmentandsupervisoryagencies,inter-nationalfinancialinstitutions,andresearchunitsofcommercialandinvestmentbanks.italsopreparesstudentsforgoodinternationalPhDprogrammes.

Anna Demmelmayr, MScseniorassociateKPmGadvisoryGmbhaustria

Graduateofthe2014master’sprogrammeinBusinessadministrationwithspecialisations in corporate Finance and operations research

Richard Boulanger (CFA), MScGlobalmacrostrategist ZZassetmanagement

Graduateofthe2014master’sprogrammeinBusinessadministrationwithspecialisations in corporate Finance and operations research

ThE un iVErs iT y oFV i EnnaTheuniversityofViennawasfoundedbyDuke rudolphiVin1365.itistheoldestuniversityintheGerman-speakingworldandoneofthelargestinEurope.

inthefieldofresearch,theuniversityofViennaissubdividedinto19facultiesandcentres.in175degreeprogrammes,theuniversityofViennaprovidesanopportunityforitscurrent-lyapproximately94,000studentstoacquireknowledgeandmethodologicalcorecompe-tenciesinthecourseoftheirstudiesandintheformofacademicworkunderthesupervisionof academics.

TheuniversityofViennaisaresearchuniversitywithaninternationalreputation.studyingattheuniversityofViennameansmeetingandcooperatingwithindividualsofdifferentori-gins,ofvariedculturalandsocialbackgroundsandexperiences.

ThE FaculT y oF Bus inEss , Economics ,a n d s tat i s t i c sEconomicshasalongtraditionattheuniversityofVienna.attheendofthe19thcentury,itwasoneoftheworld’sleadingcentresforeconomictheory.carlmenger,FriedrichvonWieserandEugenvonBöhm-Bawerk,thefoundingfathersoftheaustrianschool,wereprofessorsatouruniversity.TheytaughteminenteconomistssuchasFritzmachlupandoskarmorgenstern.Twoofthemostinfluentialeconomistsofthe20thcentury,JosephschumpeterandFriedrichaugustvonhayek,earnedtheirdoctorateattheuniversityofVienna.

Today,ourfacultyishighlyinternationalandresearch-oriented.itcomprisestheDepart-mentsofBusinessadministration,Businesslaw,Economics,Economicsociology,Finance,and statistics and operations research, as wellastheViennacenterforExperimentalEconomics(VcEE)andaDivisionofBusinesslanguages.

Thecoreofourfacultyconsistsofabout 100academics.about50ofthesearetenuredfaculty(professorsandassociateprofessors)andabout50arenon-tenuredfaculty(assis-tantprofessorsandpost-docs).inaddition,wealsohostthird-partyfundedpersonnel,juniorresearchersaswellasteachingandresearchassistantsenrichourfacultyaswell.Weteachabout4,300students,ofwhicharound2,850areatbachelor’slevel,approximately1,310areatmaster’slevelandabout140aregraduatestudentsontheirwaytoearningadoctoraldegree.

UNiversität WieN . Universitätsring 1 . 1010 Wien . t +43-1-4277-0 . www.univie.ac.at

inFormaT ionanDconTac Tmoreinformationaboutthemaster’sprogrammeinBanking&Finance:finance.univie.ac.at/lehre/master-banking-and-finance

Thestudiesservicecentre(ssc)isthecentralinformationpointforstudentsattheFacultyof Business,Economicsandstatistics.Theteamofthessctakestimetoadvisestudentscompetentlyandreliablyinquestionsconcerningtheorganisationoftheirstudiesaswellasmattersrelatedtorulesandregulationsforstudying.

Studies Service Centre Business, Economics and StatisticsuniversityofViennaoskar-morgenstern-Platz1,1090Viennassc-wiwi@univie.ac.atwirtschaftswissenschaften.univie.ac.at

studentPointprovidesstudentswithallkindsofinformationaboutstudyingattheuniversityofVienna.

Student PointuniversityofViennauniversitätsring1,1010Viennastudentpoint@univie.ac.atstudentpoint.univie.ac.at

locaT ionPlan

SCHOTTENTOR

SCHOTTENRING

The Faculty

Main Building