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International Business School

International Business School

Vienna, Austria

Cost Of Living
Not available
Tuition Fee from
€ 12800
Country Rank

Overview

About

International Business School (IBS) in Austria is a renowned educational institution that offers high-quality undergraduate and postgraduate programs in the field of business, management, and economics. Known for its global perspective and academic excellence, IBS provides students with the skills, knowledge, and international exposure required to succeed in today’s competitive business world. The university focuses on fostering critical thinking, entrepreneurial spirit, and a strong business acumen among its students.

History and Heritage: Founded in 1988, International Business School Austria has established itself as one of the leading business schools in Europe. Over the years, it has built a reputation for offering innovative and practical business education with an international outlook. IBS Austria partners with universities and organizations worldwide, providing students with global opportunities for internships, studies, and professional networking.

Academic Excellence: IBS Austria is committed to maintaining high academic standards, offering programs that are designed to meet the evolving needs of the business world. The institution’s curriculum is designed to equip students with essential business skills, including leadership, strategic thinking, finance, marketing, and management. The academic programs are developed in collaboration with global experts and focus on delivering practical knowledge that students can apply in real-world business situations. IBS is also known for its innovative teaching methods, combining theoretical learning with practical experience, case studies, and interactive learning.

International Partnerships: IBS Austria boasts strong academic ties with partner universities, institutions, and business schools worldwide, enhancing the global reach of its programs. Students at IBS benefit from international exchange opportunities, joint degrees, and the chance to experience different cultural perspectives in business. These collaborations also allow students to access a broad network of global professionals, expanding their career prospects.

Campus and Facilities: IBS Austria provides a state-of-the-art campus with modern classrooms, computer labs, and study areas that support both individual and group learning. The university’s facilities are designed to foster creativity and innovation, with spaces for collaborative learning, student networking, and extracurricular activities. Students also have access to a variety of resources, such as career counseling, library services, and academic support.

Student Support and Wellbeing: At IBS Austria, student success is a top priority. The university offers a range of support services to help students throughout their academic journey. From academic counseling to career advice, the university provides personalized support tailored to each student’s needs. The institution also promotes the wellbeing of students, offering a variety of extracurricular activities, workshops, and events that encourage personal growth and a balanced student life.

Research and Innovation: IBS Austria is dedicated to advancing knowledge and research in the field of business and management. The institution encourages both students and faculty members to engage in research projects that address current global business challenges. The university’s research focuses on practical, real-world applications, ensuring that students are equipped with cutting-edge knowledge and skills that can be directly applied to the business world.

Global Perspective and International Opportunities: IBS Austria places a strong emphasis on international exposure and the development of a global business mindset. The university offers study programs that include international internships, exchange opportunities, and partnerships with global corporations. These international experiences help students build global networks and gain valuable insights into the business practices of different cultures.

Community Engagement: International Business School Austria takes pride in its community engagement efforts, focusing on building strong relationships with students, faculty, and local businesses. The university believes that education goes beyond the classroom, and it strives to provide opportunities for students to get involved in both local and global communities. Through various events, internships, partnerships, and outreach initiatives, IBS fosters a sense of social responsibility and encourages students to apply their knowledge in real-world settings. Students are given opportunities to participate in business competitions, charity projects, and networking events that help strengthen ties within the community. By engaging with local and international businesses, IBS students can gain valuable hands-on experience, contributing to their personal and professional growth.

Student Life and Societies: At IBS Austria, student life extends beyond academics, with a variety of extracurricular activities and student societies that help foster a balanced and enriching university experience. The university encourages students to participate in clubs and organizations that cater to a wide range of interests, from business and entrepreneurship to culture, sports, and social causes. These societies provide students with the chance to develop leadership skills, expand their networks, and connect with like-minded individuals.

Accreditation: International Business School Austria is accredited by various national and international bodies, ensuring that its programs meet global standards of quality. The university’s accreditation helps guarantee that students receive a recognized and respected education, which opens doors to a wide range of career opportunities in the business world. Accreditation from reputable organizations also highlights the institution's commitment to academic excellence and continuous improvement.

Official Website: www.ibs.at

Year of Establishment: International Business School was established in 1988.

University Address: International Business School is located in Vienna, Austria.

University Type: International Business School is a private institution.

Batch Strength
40
Global Diversity
85%

Facilities

International Business School (IBS) Austria offers a wide range of facilities designed to enhance the student experience, particularly for international students. The university is committed to providing a supportive, welcoming environment where students can thrive academically, socially, and professionally. Located in the heart of Vienna, IBS combines modern facilities with a global perspective, helping students from all over the world feel at home while pursuing their academic goals.

Accommodation: International Business School Austria provides accommodation options for international students, offering both on-campus and off-campus housing. The university works closely with local housing providers to ensure that students have access to safe, comfortable, and affordable living spaces during their studies. The accommodation options range from university-managed residences to private rentals, with varying prices and amenities to cater to different budgets and preferences. Students are encouraged to secure housing early to ensure availability, especially during peak academic terms.

Dining: IBS Austria offers a range of dining options for students, ensuring that their nutritional needs are met while also promoting a diverse and enjoyable food culture. The university’s campus has access to nearby cafés, restaurants, and cafeterias, serving both local Austrian and international cuisine. Students can enjoy meals that cater to various dietary preferences, including vegetarian, vegan, and halal options. The campus dining areas provide a social environment where students can relax, network, and share meals between classes.

Learning Facilities: The university is equipped with state-of-the-art learning facilities, designed to support the academic and professional development of students. IBS Austria offers modern classrooms, seminar rooms, and lecture halls that are equipped with the latest teaching technology. Additionally, the university provides access to a well-stocked library, which offers a vast range of academic resources, including books, journals, and online databases. Study areas are available for both individual and group work, encouraging collaboration and independent learning. The digital learning platforms and e-resources ensure that students can access study materials and complete assignments efficiently, no matter where they are.

Sports and Recreation: IBS Austria understands the importance of maintaining a healthy work-life balance, and the university encourages students to engage in sports and recreational activities. While the university itself does not have an extensive sports complex, students have access to various sports facilities in Vienna, including fitness centers, sports clubs, and outdoor recreational spaces. The university’s central location allows students to easily access gyms, swimming pools, and sports events. Additionally, students can participate in social sports clubs and activities organized by the university, which are designed to foster teamwork, fitness, and relaxation.

Career Services: IBS Austria offers comprehensive career services to support students in their professional development and job search. The university’s career services team works closely with international students to help them navigate the job market, whether in Austria or internationally. Students have access to job fairs, networking events, internships, and workshops aimed at enhancing their employability. The career services team also offers personalized guidance on CV writing, interview preparation, and job applications. Additionally, the university has strong ties with global companies, giving students the opportunity to connect with potential employers and gain hands-on experience through internships and other professional opportunities.

Student Support: IBS Austria provides robust student support services to help international students adjust to life in Austria and succeed academically. The university offers a range of services, including academic advising, personal counseling, and language support for non-native speakers. The international student office assists with visa and immigration requirements, as well as cultural integration activities. Students can access orientation programs to help them familiarize themselves with the university’s academic systems, facilities, and resources. The student support team also organizes social events, workshops, and community-building activities to ensure that international students feel welcomed and connected to the university’s diverse community.

Notable Alumni

Ranking

Courses
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Available Courses
M.Sc. In International Management
Exam Score : IELTS 6.5

Tuition Fee : € 12800

Intake : Feb & Sept

Duration : 12 Months
Scholarship

International Business School (IBS) Austria offers various scholarships and financial aid options to support international students in pursuing their higher education. These scholarships are designed to help students from diverse backgrounds by reducing the financial burden of studying abroad and making quality education more accessible. IBS strives to ensure that talented students can achieve their academic goals, regardless of their financial circumstances.

Merit-Based Scholarships: IBS Austria offers merit-based scholarships to international students who demonstrate outstanding academic performance. These scholarships are awarded to students with excellent grades, a strong academic background, and a demonstrated commitment to their studies. Merit-based scholarships can significantly reduce tuition fees and provide students with the opportunity to focus on their education without financial stress. The selection criteria for these scholarships include academic achievements, leadership qualities, and potential for success in the business world.

Early Bird Discounts: IBS Austria offers early bird discounts for international students who apply and secure their place at the university ahead of the application deadline. This scholarship is designed to reward proactive students and encourages early enrollment. By taking advantage of the early bird discount, students can enjoy a reduction in their tuition fees, helping to make studying at IBS more affordable.

Financial Aid Programs: In addition to merit-based scholarships, IBS Austria offers financial aid programs to support international students who may face financial challenges in paying for their education. The university works with students on a case-by-case basis to provide assistance, ensuring that financial constraints do not prevent talented individuals from accessing quality education. Financial aid can come in the form of partial scholarships, tuition fee reductions, or flexible payment plans.

Alumni Scholarships: International Business School Austria offers alumni scholarships for students who have completed undergraduate programs and wish to pursue postgraduate studies at the university. These scholarships are intended to support IBS alumni in continuing their education at a higher level. Alumni scholarships may provide significant financial support and encourage graduates to further enhance their skills and knowledge.

External Scholarships: In addition to IBS’s internal scholarships, international students may be eligible for external scholarships from various organizations, governments, and institutions. These scholarships may be based on specific criteria such as nationality, academic discipline, or financial need. IBS encourages students to explore external scholarship opportunities and provides guidance on how to apply for these programs.

Finances

International Business School (IBS) Austria understands the financial challenges that international students may face when studying abroad. The university provides comprehensive financial support and guidance to ensure that students can manage their expenses effectively while pursuing their academic goals. 

Financial Aid: IBS Austria offers financial aid options to assist international students who require financial support to cover their tuition fees and living expenses. The university provides a range of financial aid opportunities, including scholarships, grants, and flexible payment plans. Financial aid is generally awarded based on merit, financial need, and academic potential. International students are encouraged to explore these opportunities when applying to the university and to discuss their financial needs with the admissions office for tailored assistance.

Part-Time Work Opportunities: International students at IBS Austria are permitted to work part-time during their studies, allowing them to earn income while gaining valuable work experience. According to Austrian regulations, non-EU international students can work up to 20 hours per week during the academic term and full-time during university breaks. These part-time work opportunities provide students with the chance to supplement their income, improve their language skills, and build professional networks. The university also supports students in finding internships and work placements that align with their career goals.

Financial Planning and Support: IBS Austria offers financial planning services to help international students manage their budget and plan for their studies in Austria. The university provides advice on how to structure personal finances, estimate living costs, and understand tuition fees. The student support team assists with creating a financial plan that aligns with students' academic timelines and goals. This guidance ensures that students can plan their finances efficiently and avoid financial strain during their studies.

Financial Responsibility: Students at IBS Austria are encouraged to develop financial responsibility by managing their expenses and planning their finances in a way that allows them to focus on their academic success. The university provides workshops and resources on financial literacy, helping students understand how to budget, save money, and make sound financial decisions. Financial responsibility is emphasized as an important skill for both academic success and future career development.

Financial Counseling: For students who may need additional assistance in managing their finances, IBS Austria offers financial counseling services. Students can meet with financial advisors who can provide personalized advice and help them navigate financial challenges, such as budgeting, tuition payments, and managing living costs. The financial counseling service ensures that students have the support they need to manage their finances effectively and focus on their education without unnecessary stress.

Accommodation

International Business School (IBS) Austria provides a variety of accommodation options designed to meet the needs of international students studying in Vienna. The university understands the importance of having a comfortable and safe place to live while pursuing academic studies abroad. With options ranging from on-campus to off-campus housing, IBS strives to make the accommodation process as seamless as possible for students.

On-Campus Accommodation: IBS Austria offers on-campus accommodation for students who prefer the convenience and community atmosphere of living within the university premises. The on-campus residences are fully equipped with modern amenities, including furnished rooms, study areas, Wi-Fi, and communal spaces for relaxation and socializing. These accommodations are ideal for students who want to live in close proximity to their classes, making it easier to participate in university events and connect with other students. On-campus accommodation options are limited, so it is recommended that students apply early to secure a place.

Off-Campus Accommodation: For students who prefer to live outside the university campus, IBS Austria provides assistance in finding off-campus accommodation. The university is located in Vienna, a city with a wide range of housing options for students, including private apartments, shared flats, and student residences. Off-campus accommodation offers more flexibility in terms of location and living arrangements, allowing students to choose from different neighborhoods, with varying rent prices and amenities. The university provides resources and guidance to help students find suitable off-campus housing, ensuring they are in safe and convenient areas close to public transport and essential services.

Housing Support Services: To assist international students with finding accommodation, IBS Austria offers dedicated housing support services. These services include guidance on available on-campus and off-campus options, advice on rent contracts, and information about the housing market in Vienna. The university also helps students understand their rights and responsibilities as tenants and provides tips on navigating the local rental market. IBS staff can provide recommendations for trusted real estate agencies, student accommodation providers, and online platforms for finding housing. Additionally, the university helps students with practical matters such as setting up utility services and understanding the costs associated with living in Vienna.

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Cost Of Living

The cost of living in Austria is relatively affordable, especially when compared to other Western European countries. It can vary depending on the city, lifestyle, and personal choices. The main expenses for international students include accommodation, food, transportation, health insurance, and leisure activities.

Accommodation: Accommodation is one of the biggest monthly expenses for students in Austria. Depending on whether you live in a student dormitory or rent a private apartment, the costs can vary. Student dormitories are usually the most affordable option, with rent typically ranging from €250 to €500 per month. If you opt for private housing, rental costs can range from €600 to €900 for a one-bedroom apartment in major cities like Vienna, and lower in smaller towns. Sharing an apartment with others can bring the cost down to about €350 to €600 per person.

Food and Groceries: The cost of food in Austria can vary depending on whether you cook at home or dine out. Cooking at home is a more economical option, with monthly grocery bills typically ranging from €100 to €150. Supermarkets such as Billa, Spar, and Hofer (Aldi) offer affordable food options. If you prefer to eat out, the cost of a meal at an inexpensive restaurant is about €10 to €15, while a three-course meal at a mid-range restaurant will typically cost between €25 and €40.

Utility: Utility bills, which include electricity, heating, water, and garbage collection, can add to your monthly expenses. On average, utilities in a small apartment will cost between €100 and €150 per month. Many student dormitories include utilities in the rent, but it's important to clarify this with the accommodation provider beforehand.

Transportation: Austria has an excellent public transportation system, making it easy for students to get around. Public transport passes typically cost between €20 and €40 per month in major cities, with discounts available for students. For example, Vienna offers a semester ticket that costs around €75, providing unlimited access to trams, buses, and the metro. Many cities are also bike-friendly, and renting a bike costs around €15 to €30 per month.

Health Insurance: Health insurance is mandatory for all students in Austria. EU/EEA students are usually covered by their home country's health insurance, while non-EU students are required to take out Austrian public health insurance. The cost of public health insurance is typically €60 to €100 per month. Alternatively, private health insurance plans are also available for non-EU students, usually ranging from €100 to €200 per month.

Leisure and Entertainment: Leisure activities in Austria can range from free cultural events to paid entertainment. Movie tickets typically cost around €10 to €15, while gym memberships are priced between €30 and €60 per month. Many museums and cultural institutions offer student discounts, with tickets ranging from €5 to €10. For those interested in exploring Austria's rich cultural heritage, these activities are a great way to enjoy the country's history at an affordable price.

International Business School Entry Requirements

Postgraduate Entry Requirements

Application Fee: €400

Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 60% or above in their bachelor's degree.

English Language Proficiency:

  • IELTS: Overall band score of  6.5 with a minimum of 6.0 in each component.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.


International Business School Fees

International Business School (IBS) Austria offers a high-quality education with a focus on international business and management. For international students, understanding the tuition fees and additional costs is an essential part of the planning process. The tuition fees vary depending on the program level, but the university ensures that students have access to a world-class education while keeping the cost structure transparent and manageable.

Postgraduate Tuition Fees: International students pursuing postgraduate programs at IBS Austria can expect tuition fees ranging from €12,800 to €14,800 per semester. These fees cover the cost of academic instruction, access to university facilities, and support services. The exact fee within this range may depend on the specific program chosen, such as Master of Business Administration (MBA), MSc in International Business, or other specialized master's degrees.


International Business School Placement

International Business School (IBS) Austria is providing international students with excellent career placement opportunities, helping them transition smoothly from academic life to professional careers. The university recognizes the importance of internships, industry connections, and job placement services to enhance students' employability and career prospects. IBS Austria offers a comprehensive set of services designed to support international students in securing meaningful employment during and after their studies.

Internship Opportunities: IBS Austria places a strong emphasis on practical learning, and internships are an integral part of many programs. International students are encouraged to participate in internships, which provide hands-on experience in the global business environment. These internships offer valuable industry exposure, enabling students to apply theoretical knowledge in real-world settings. The university has partnerships with leading companies and organizations across various sectors, providing students with a wide range of opportunities to gain practical experience. Internships not only enhance students' skills but also help build professional networks that can lead to future job offers.

Career Services: The Career Services department at IBS Austria plays a central role in assisting international students with their job search and career development. The department provides personalized support, including resume and cover letter reviews, interview preparation, and job search strategies. Career advisors work closely with students to understand their career aspirations and help them identify opportunities that align with their interests and qualifications. Through workshops, networking events, and career fairs, students are able to meet potential employers and learn more about different industries and career paths.

Job Placement Assistance: IBS Austria offers job placement assistance to students seeking full-time employment after graduation. The university has established relationships with numerous companies, both locally and internationally, helping students access job openings in their respective fields. Career advisors assist students in applying for jobs, preparing for interviews, and understanding the recruitment process in different countries. Many graduates of IBS Austria find successful placements in leading companies, thanks to the university’s strong reputation and extensive alumni network.

Alumni Network: The IBS Austria alumni network is a valuable resource for international students, providing a platform for mentorship, job referrals, and career advice. The network connects graduates with current students, fostering a supportive community that promotes professional growth and development. Alumni share their experiences, offer insights into different industries, and assist in career transitions. The alumni network also organizes events and reunions, creating opportunities for students to expand their professional connections and stay engaged with the university.

Global Career Opportunities: As an international business school, IBS Austria provides students with a global perspective on career opportunities. The university’s international connections allow students to explore job prospects not only in Austria but also in other countries. Through exchange programs, internships, and networking with multinational companies, international students are exposed to a wide range of career options across the globe. IBS Austria’s global outlook ensures that students are prepared to succeed in the international job market.

Please note that job placement can vary depending on individual circumstances, including a student's field of study, prior work experience, and individual job search efforts. It's also important to keep in mind that while the university can provide valuable resources and support, securing employment ultimately depends on the student's skills, qualifications, and the broader job market.


FAQ'S of International Business School

International Business School (IBS) is located in Vienna, the capital city of Austria.

IBS offers a variety of student support services, including academic advising, career counseling, language support, and mental health services. The university’s goal is to ensure that students have the necessary resources to succeed academically and personally.

Student life at IBS is diverse and vibrant. The university offers various extracurricular activities, including clubs, student organizations, sports, and social events. Vienna, known for its cultural richness, provides plenty of opportunities for students to explore museums, theaters, music, and other cultural events.

Vienna is one of the safest cities in Europe, and the area surrounding International Business School is no exception. The campus is located in a peaceful district of the city with low crime rates, making it a secure environment for international students. Additionally, the university ensures a well-monitored campus to maintain student safety.

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