Vienna University of Economics and Business | Latest Reviews | Student Reviews & University Rankings EDUopinions

Vienna University of Economics and Business
speciality: Economics

4.5

What Is an Economics Degree?

Are you passionate about the business and finance sector? Do you follow the national and international news? Then, an Economics degree is the answer. It has always been one of the most sought-after degrees amongst youth. 

Economics degrees are designed to tackle all the issues that have an impact on financial situations, ranging from production to how resources are used. Candidates are trained to understand how the economy suffers fluctuations based on the market’s needs and wants followed by the market’s supply and demand.

By far one of the most crucial elements is that economics is divided into microeconomics and macroeconomic. Microeconomics deals with the economic behaviour at an individual level (companies, buyers, sellers and others), whilst macroeconomics illustrates the bigger picture, on a national or global scale (unemployment, economic growth, inflation and so on).

Benefits of an Economics Degree

Having an economics degree increases anyone’s chances to find a job, regardless of the field. This is mainly due to the fact that graduates hold many transferable abilities, such as analytical and problem-solving skills, that are suitable for any career. 

A study made by the London School of Economics and Political Science showed that graduates from an economics course have a starting salary of £33,000 per year. Having a job in the field right after graduation is a major positive aspect and comes with a lot of opportunities for career advancement.

Economics Degree Structure

Economics degrees are usually a three years commitment and sometimes are offered as part of a joint degree. This means that Economics can be studied along with another subject such as engineering, management, law, computer science and others.

This degree can be found either as a Bachelor of Science (BSc) or Bachelor of Arts (BA). The BSc focuses more on economical theory and statistical techniques, while BA is combined with social sciences and qualitative modules. 

4 Student Reviews

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  • Business Administration ...
    and Economics
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    Extensive and exciting studies

    At the beginning the course structure is quite unclear but you will get used to it. The further along you are with your studies the more course options you have and can really choose what you like. The professors take time to get to know you and help each student. I would recommend this university if you are willing organize yourself.

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    Programme: Business Administration and Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Vienna
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    01 Jun, 2023
    Brenda
    Brenda
    Good evening , I’m wanting to transfer from Nicosia university in Cyprus to Vienna university to do business and economics. Is your course in English ?
  • Business Administration ...
    and Economics
    avatar
    Beneficial

    Being an online student for the first part of my studies in Vienna has been very challenging. The universities handled the pandemic gracefully and beneficially to their students. Although everybody was able to come back on campus.

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    Programme: Business Administration and Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Vienna
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  • Business Administration ...
    and Economics
    avatar
    Best public university for Economics in Austria

    Pros:
    1. WU Vienna has one of the biggest and most beautiful campuses in Vienna.

    2. It has a lot of teaching faculties and buildings, all of which are on campus.

    3. Variety of English and German taught programs.

    4. Variety of courses and specializations to choose from.

    5. Fast and accurate support from allumni, peers, professors and program representatives.

    6. Variety of options for exchange semesters, summer universities, pre-semester studies, internships and free electives.

    7. Many options for exam retakes.
    8. Courses are both theoretical and practical.

    Cons:
    1. As there is a huge number of students, there is a competition for course registration and sometimes you may end up not being able to apply for the courses you want/need to take, which can prolong your studies. (This goes more for the German Bachelor programs).

    2. Workload sometimes can be overwhelming, but other times its pretty chill.

    3. In the German Bachelor programs it may be hard to make good friends, as you meet new and new people with every course and afterwards you may end not seeing the same poeple again.
    (But this depends mostly on you and the peope you meet, I guess)

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    Programme: Business Administration and Economics
    Degree: Bachelor's
    Campus: Vienna
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  • Business Administration ...
    and Economics
    avatar
    Get prepared for WU

    WU (German abbreviation derived from Wirtschaftsuniversität) is one of the best universities in Europe. One of the main aims of the university for the next years is to increase the number of international students. That is why they introduces a program fully in English. During the first application period the university received more than 1000 applications for only 120 places.

    I study at the German Bachelor’s Program. It has three stages – STEOP, CBK and Hauptstudium. Every student who has chosen BWl/IBWL/WINF can specialize in 2 subjects. Most of the exams are standardized and there are enough materials for preparation. For some subjects there are even additional courses organized from ÖH (the student organization).

    There are special mentor programs, so take a look at ALL OF THEM even before applying to the university. You will be amazed how much the university supports its students.

    The administration is amazing. They always answer very fast and their answers are really helpful.

    If you want to work something connected with R or Data Science, this is your university.

    The campus is pretty new and really modern.

    In Vienna there are a lot of DISCOUNTS FOR STUDENTS AND PRESENTS during the WHOLE SEMESTER.

    Bank accounts are free of charge. You even may receive a bonus for opening a student bank account in Austria.

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    Programme: Business Administration and Economics
    Degree: Bachelor's
    Graduation: 2021
    Campus: Vienna
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