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The Bachelor of Science (BSc) in Business Administration degree is designed for students seeking a strong and comprehensive foundation in Business. The program is more structured than other business programs, covering the breadth of business-related disciplines as defined in the business core curriculum — accounting, international business law, economics, finance, management, international business and information systems. The program culminates in a capstone strategy course requiring students to apply their knowledge of the various aspects of business in a market simulation.

Student in a business course at webster vienna

Learning Outcomes

  • Students use information, analytical tools and problem-solving skills to make well-reasoned business decisions, considering both quantitative factors and qualitative factors, such as ethical considerations.
  • Students can develop strategies addressing the legal, ethical, economic and global environment in which the enterprise operates.
  • Student will have a working knowledge in a set of analytical business tools related to math, statistics, accounting, economics, marketing, finance and behavioral science.
  • Students can apply business core concepts, principles and analytical skills across functional lines.
  • Students can access, develop and use information to analyze business problems and propose feasible solutions.

General Information About the BSc in Business Administration

A minimum of 120 U.S. credit hours consisting of the following: a minimum of 61 required U.S. credit hours of major coursework (see below); a minimum of 30 U.S. credit hours from the Global Citizenship Program; and 29 U.S. credit hours of electives.

A student majoring in Business Administration may not complete a double major in any other field.

A BSc in Business Administration unlocks a variety of career opportunities, from owning and operating your own business to helping manage the operations of an existing one. Graduates find rewarding careers in commercial and industrial companies, NGOs and even government agencies. Employers seek out employees with critical-thinking skills, good decision-making capabilities and strong leadership skills, all elements of a degree at WVPU.

Austrian Diploma Study Plan and Regulations for Business Administration BSc

The Study Plan and Regulations lay out the specifications of the program Bachelor of Science in Business Administration (BSc), including the profile and learning outcomes, the structure of the curricula, program development and the criteria for admission and conferment of a degree.

The Study Plan and Regulations are applicable to all students pursuing the Bachelor of Science in Business Administration starting on or after Sept. 1, 2021. It pertains to the degree (BSc) offered by WVPU, which is accredited by the Agency for quality Assurance and Accreditation Austria in accordance with the Private Universities Act §2 and §3(1). The requirements for U.S.-accredited degrees conferred by Webster University based in St. Louis, Missouri, USA may vary slightly. Students are encouraged to consult with their advisor for details.

New Emphases: International Business, Marketing, Entrepreneurship, Human Resource Management

Degree program name Business Administration (BSc)
Common form name Bachelor of Science in Business Administration
Type of study program Bachelor degree program
Academic degree Bachelor of Science (BSc)
Cycle (Bologna) 1
NQF-Level VI
Organizational structure Business and Management Department
Workload (ECTS) 240
Regular study period 4 years, 8 semesters
Course weeks per semester 12
Language of study English
Maximum intake per year 35
Study format Full-Time
Entry points/dates Two: begin winter/summer semesters
Beginning of the winter semester August/September
Beginning of the summer semester January/February
Internships Encouraged, but not required
Study Abroad Encouraged, but not required
Emphases/Specialized Studies International Business, Marketing, Entrepreneurship, Human Resource Management

WVPU’s Bachelor of Science in Business Administration program comprehensively examines the breadth of business-related disciplines, presenting a business as a system of interrelated functional areas working together to fulfill strategic goals in a complex competitive environment. Students of Business Administration develop the necessary skills and competencies to effectively set up, operate and lead businesses, develop sound and ethical business practices, analyze markets, overcome challenges and communicate effectively. Students undergo a rigorous program of scholarly and practical training in business theories, organizational behavior dynamics and critical thinking strategies that prepares them to assume active roles in international companies, undertake requisite levels of research and proceed into more advanced studies.

Through their coursework, students learn the fundamentals of business success, gaining advanced knowledge in business communication, statistics, financial accounting, economics, business law, finance, marketing, information systems, management and organizational behavior, data analytics and operations management. They develop strong skills and competencies in designing strategies through market simulations where they apply their knowledge before undertaking a thesis project. Through exposure to and participation in faculty research, as well as interaction with an array of experts and prominent external lecturers, students gain valuable insight and practice into researching and analyzing the internal dynamics of businesses and the markets in which they operate, learning to work independently, collaborate with others and operate businesses in a sound, ethical and responsible manner befitting WVPU’s profile and objectives.

Graduates of the Bachelor of Science in Business Administration program possess an in-depth theoretical and practical knowledge of business operations and markets and can therefore perform tasks at a very high professional level. They are critical, independent, problem-solving thinkers capable of collaboration and leadership, able to measure, analyze and drive growth and innovation within changing and diverse legal, social, economic and global conditions. The program’s strong focus on research and analysis combined with consistent exposure to real-world cases ensures that its graduates can develop innovative approaches to solve known and unforeseen problems. Thus, they are fully qualified for the degree they earned, professionally ready to begin their careers and make a difference, and they possess the scholarly foundation necessary to pursue an advanced degree. As a result, many of the program’s graduates go on to successful careers in a wide range of organizations, corporations and sectors, while others operate their own businesses.

Learning Outcomes

Students who complete this program will be able to understand and apply:

  1. Systemic Thinking: Students understand the big picture of a business, i.e., how the business is impacted by outside forces, how it is driven by its interconnected internal functions and how to manage the firm to best advantage given external and internal considerations.
  2. Problem Solving: Students can identify business problems and opportunities, analyze them and formulate potential strategies to address them.
  3. Business Communication: Students can prepare clear, concise and accurate written materials and can make formal and informal business presentations using appropriate visual aids
  4. Interpersonal Skills: Students are able to see themselves as part of a network of people making up a business and its competitive environment and are able to tailor their actions in such a way that they can form and maintain effective business relationships.
  5. Technology Literacy: Students can utilize technology to analyze business problems, propose and examine potential solutions and present recommended courses of action.
  6. Ethical Reasoning: Students can identify and analyze value conflicts and ethical dimensions of business issues and situations. BS7 Global and Cultural Understanding: Students understand the inherently global nature of modern business and consider international systems and cultural differences in their decision-making process.

Students who take up the International Business Emphasis will also be able to:

  1. Students will explain the important terminology, facts, concepts, principles, analytic techniques and theories used in international business.
  2. Students will be able to identify and apply appropriate terminology, facts, concepts, principles, analytic techniques and theories used in international business when analyzing moderately complex situations.
  3. Students will be able to synthesize and integrate important concepts, principles and theories used in international business into solutions to moderately complex management problems.

Students who take up the Marketing Emphasis will also be able to:

  1. Students will be able to demonstrate an understanding of how to identify and utilize relevant information in order to make effective marketing decisions.
  2. Students will be able to demonstrate the ability to make and defend decisions regarding the various marketing mix elements for value creation in a way that reflects the needs and characteristics desired for organizational success and meaningful relationships among and between stakeholders.
  3. Students will demonstrate personal skills (i.e. ethics, teamwork, effective communication, critical thinking) which are important keys to having a successful career in marketing.
  4. Students will be able to demonstrate an understanding of mutually interdependent relationships of all the major functional areas of a business enterprise.

Students who take up the Entrepreneurship Emphasis also will be able to:

  1. Students can demonstrate an understanding of the entrepreneurship process.
  2. Students can identify and apply entrepreneurship concepts and principles used in developing entrepreneurial action plans.
  3. Students can integrate entrepreneurship concepts, research and tactics to effectuate entrepreneurship.

Students who take up the Human Resource Management Emphasis will also be able to:

  1. Identify and explain important technology, facts, concepts, principles, analytic techniques and theories used in Human Resource Management when analyzing moderately complex situations.
  2. Analyze, assess and apply the entry-level SHRM (Society for Human Resource Management) competency clusters.
  3. Develop the business acumen needed to perform Human Resource Management transactions, employ standard operating procedures and promote operational efficiency.

The Bachelor of Science in Business Administration program learning outcomes align closely with those of NQF Level VI in all areas of knowledge, skills and competence.

Bachelor of Science in Business Administration Learning Outcomes

NQF Level-VII LOs LO1 LO2 LO3 LO4 LO5
Knowledge      
Skills        
Competencies      

The Bachelor of Science in Business Administration curriculum is organized into five modules constituting 240 ECTS whereby students complete 114 ECTS in the fundamentals of business administration, 36 ECTS in a specialization track (Vertiefung), 14 ECTS in scientific research, 54 ECTS from the university’s Common Core Module (CCM), and 22 ECTS in free electives. Full-time students working toward the Bachelor of Science in Business Administration (BSBA) will usually carry a course load of 30 ECTS per semester (30 ECTS). All courses required to complete the program are offered on a regular basis, at least once a year. Full course descriptions, individual learning outcomes, ECTS, weekly study schedules and assessment criteria are available in each course syllabus, available via WVPU’s publicly accessible course schedule.

Table 1: Curriculum distribution by modules (ECTS)

Modules Workload (ECTS)
Fundamentals of Business Administration Module 114
- Foundations of Business and Management 48
- Economics 18
- Finance and Accounting 18
- Mathematics and Statistics 24
- Professional Development 6
Specialization Track (Vertiefung) Module 36
Scientific Research Module – Thesis 14
Common Core Module 54
Free Electives and Complementary Courses 22

For reference below, WVPU offers three types of courses - Competency Courses (CC), Discipline Courses (DC), and Enrichment Courses (EC) — in various formats: [LS] — Lecture Seminar, [IL] — Interactive Lecture, [SE] – Seminar, [PT] – Practical Training, [CO] – Colloquium, and [TH] – Thesis. Attendance (in-class hours) and Self-Learning (time devoted on subject out of the classroom) are represented below as AT/SL.

Fundamentals of Business Administration (114 ECTS)

The Fundamentals of Business Administration module equips students with essential knowledge, skills and competencies to successfully manage and lead businesses, develop ethical practices, analyze markets, address challenges and communicate proficiently. Students complete coursework in the foundations of business and management (48 ECTS), economics (18 ECTS), finance and accounting (18 ECTS), mathematics and statistics (24 ECTS) and professional development (6 ECTS).

Foundations of Business and Management (48 ECTS)

Course Type Format hrs/wks AT/SL ECTS
MNGT 2000 Foundations for Business Success CC IL/SE 3/12 36/114 6
BUSN 2100 Business Communications DC IL/SE 3/12 36/114 6
MNGT 2280 Introduction to Business Law CC IL/SE 3/12 36/114 6
MNGT 2500 Marketing CC IL/SE 3/12 36/114 6
BUSN 3150 Business Information Systems DC IL/SE 3/12 36/114 6
MNGT 3450 Management and Organizational Behavior DC IL/SE 3/12 36/114 6
BUSN 4110 Operations Management DC IL/SE 3/12 36/114 6
MNGT 4900 Managerial Policies and Strategies DC IL/SE 3/12 36/114 6

Economics (18 ECTS)

Course Type Format hrs/wks AT/SL ECTS
ECON 2000 Survey of Economics CC IL/SE 3/12 36/114 6
ECON 2020 Principles of Microeconomics DC IL/SE 3/12 36/114 6
ECON 2030 Principles of Macroeconomics CC IL/SE 3/12 36/114 6

Finance and Accounting (18 ECTS)

Course Type Format hrs/wks AT/SL ECTS
ACCT 2010 Financial Accounting DC IL/SE 3/12 36/114 6
ACCT 2025 Managerial Accounting DC IL/SE 3/12 36/114 6
FINC 3210 Principles of Finance CC IL/SE 3/12 36/114 6

Mathematics and Statistics (24 ECTS)

Course Type Format hrs/wks AT/SL ECTS
MATH 1430 College Algebra CC IL/SE 3/12 36/114 6
STAT 1100 Descriptive Statistics* CC IL/SE 3/12 36/114 6
BUSN 2750 Statistics* DC IL/SE 3/12 36/114 6
BUSN 3950 Business Analytics DC IL/SE 3/12 36/114 6

*Courses (12 ECTS) count toward the overall 24 ECTS requirement of the Methods Road Map.

Professional Development (6 ECTS)

Course Type Format hrs/wks AT/SL ECTS
WSBT 2000 Career Exploration DC IL/SE/PT 1/16 16/34 2
WSBT 2300 Personal Branding DC IL/SE/PT 1/16 16/34 2
WSBT 2700 Career Management Strategies DC IL/SE/PT 1/16 16/34 2

Specialization Tracks — (Vertiefung) (36 ECTS)

International Business Track (36 ECTS)

The international business emphasis prepares students for post-graduate study or a career of international business able to apply relevant business theories and concepts to companies operating in different countries and doing business in distinct socio-cultural, economic, political, legal and technological environments.

Course Type Format hrs/wks AT/SL ECTS
MNGT 3320 Business Law: International CC IL/SE 3/12 36/164 6
ECON 3720 International Trade and Finance DC IL/SE 3/12 36/114 6
MNGT 4100 International Management CC IL/SE 3/12 36/164 6
BUSN 4130 Global Supply Chain Management DC IL/SE 3/12 36/114 6
MNGT 4330 International Marketing DC IL/SE 3/12 36/114 6
MNGT 4940 Global Competitive Strategies DC IL/SE 3/12 36/114 6

Marketing Track (36 ECTS)

The emphasis in marketing teaches students how learn how organizations create value through the various marketing activities and prepares then for post-graduate studies in marketing or a related field, as well as a broad spectrum of marketing careers including branding, product development, advertising, digital marketing and customer relationship management.

Course Type Format hrs/wks AT/SL ECTS
MNGT 3150 Consumer Behavior CC IL/SE 3/12 36/164 6
MNGT 3510 Management of Integrated Marketing Communications CC IL/SE 3/12 36/164 6
MNGT 3580 Professional Selling DC IL/SE 3/12 36/114 6
MNGT 4330 International Marketing DC IL/SE 3/12 36/114 6
MNGT 4570 Marketing Research DC IL/SE 3/12 36/114 6
MNGT 4920 Marketing Strategies DC IL/SE 3/12 36/114 6

Entrepreneurship Track (36 ECTS)

The emphasis in entrepreneurship empowers students to explore innovative approaches to start new ventures, learn how to recognize and assess business opportunities, conduct economic and resource feasibility analyses, and develop an entrepreneurial plan of action.

Course Type Format hrs/wks AT/SL ECTS
MNGT 2600 Innovation through Social Impact Organizations CC IL/SE 3/12 36/164 6
MNGT 2700 Introduction to Entrepreneurship and Small Business Management DC IL/SE 3/12 36/114 6
BUSN 3710 Entrepreneurial Financial Management CC IL/SE 3/12 36/164 6
MNGT 3720 Entrepreneurial Marketing DC IL/SE 3/12 36/114 6
MNGT 3740 Global Entrepreneurship DC IL/SE 3/12 36/114 6
MNGT 4960 Entrepreneurship Capstone DC IL/SE 3/12 36/114 6

Human Resource Management Track (36 ECTS)

The emphasis in human resource management equips students to address the challenges and complexities of managing today's workforce with strategic problem-solving skills, comprehensive knowledge of HR functions, and prepares them for effective decision-making and competitive performance in managing today's workforce locally and globally.

Course Type Format hrs/wks AT/SL ECTS
MNGT 3400 Human Resource Management CC IL/SE 3/12 36/164 6
MNGT 3690 Diversity, Equity and Inclusion DC IL/SE 3/12 36/114 6
CSIS 3410 Information Analysis CC IL/SE 3/12 36/164 6
MNGT 4400 Employment Law and Compliance DC IL/SE 3/12 36/114 6
MNGT 4420 Compensation and Benefits DC IL/SE 3/12 36/114 6
MNGT 4600 Contemporary Human Resource Management Strategies DC IL/SE 3/12 36/114 6

Scientific Research Module — Thesis (14 ECTS)

Course Type Format hrs/wks AT/SL ECTS
BUSN 2825 Introduction to Research Design & Methods* CC IL/SE 3/12 36/114 6
MNGT 4970 Bachelor Thesis CC TH - 25/175 8

Common Core Module (54 ECTS)

Please refer to this Bachelor's Degree Programs page for detailed information about the CCM.

Free Electives and Complementary Courses (22 ECTS)

Students of Business Administration round out their studies by completing 22 ECTS in any discipline offered by the university.

Roadmaps and Course Sequencing

In order to move sequentially through the study plan toward the thesis, students must complete in courses in proper sequence.

The Bachelor of Science in Business Administration is subject to WVPU’s systematic Internal Quality Management System5that incorporates continuous measures and involves the Executive Board, academic department heads, and the University Senate. This ensures that its learning outcomes and the content of its curriculum impart advanced knowledge in the discipline while delivering the skills and competencies requisite for a bachelor’s degree. WVPU’s quality management processes include a triannual program review and assessment of learning outcomes, course evaluations, an annual review of academic polices and processes, semi-annual performance reviews with units and employees and collected stakeholder feedback through semi-annual meetings and surveys supported by the university’s internal information systems.

At the course level, each syllabus (including criteria and methods of assessment) is reviewed and approved by the department at least one semester prior to being published on the university’s course offerings website6, ensuring that learning outcomes are clearly stated and appropriately paired to the course’s content and assessment criteria. All students have access to the syllabus before the course begins, and in addition, faculty are required to review the syllabus on the first day of class. During the running of any course students interact with both the faculty member and the department’s administration alerting them to any problems that might arise and triggering procedures based on academic policies and procedures, particularly with reference to disputes between students and faculty.

The base selection of course offerings for any academic year is determined two years in advance through regular planning sessions. The process includes consultation with representatives of student government and incorporates additional student feedback through face-to-face meetings, town halls, and anonymous course evaluations. Teaching assignments pairing faculty to courses are completed one year in advance. Prior to assigning a course to a faculty member, the department head verifies the individual’s qualifications and experience as an instructor. Students evaluate all first-time instructors in the third week of their course to provide feedback and allow for corrective measures if necessary.

Other continuous processes also play an important role in sustaining and enhancing the integrity of the program. The university solicits semiannual student feedback on degree programs through student focus groups involving 30-minute structured dialogues at the start of selected courses. Additionally, the head of the department takes part in monthly video conferences with global partners to evaluate Business & Management programs, adding and shaping curricula and course content to meet WVPU student needs and national regulations while also integrating partner experiences from around the world. Department representatives participate in on-going process evaluation measures providing suggestions on how to improve subject relevancy, program competitiveness, research components and technology to align with those used in international business, management, and marketing sectors.

Admission to the Bachelor of Science in Business Administration program follows the general admission requirements for undergraduate programs.

WVPU confers the academic degree of Bachelor of Science in Business Administration following the successful completion of all modules as stated in the Curriculum Overview and in accordance with the following rules:

  1. Candidates must complete all modules (240 ECTS) as stated in the Curriculum Overview
  2. Students must complete or satisfy via recognized credit:
    1. all courses in the Common Core (54 ECTS)
    2. all courses in the Fundamentals of Business Administration (114 ECTS)
    3. all courses in a one of the specialization track modules (36 ECTS)
    4. a bachelor thesis (8 ECTS)
  3. The Scientific Research Module - Thesis must be completed under supervision of WVPU faculty.
  4. All required courses must be completed with a grade of C- or better or recognized as passed (p) if transferred.
  5. Students must successfully earn at least 120 ECTS in residence* at WVPU of which 42 ECTS must include:
    1. a bachelor thesis (8 ECTS)
    2. all courses required as part of the specialization/emphasis (36 ECTS)

* The University reserves the right to approve and assign transferred credits as equivalencies to courses completed in residency.

WVPU policies support and maintain the highest quality of education and service level for students. All students attending WVPU are obliged to adhere to University academic policies, including the Study and Examination Guidelines and the Code of Conduct. Students are solely responsible for familiarizing themselves with all applicable university policies and procedures including those dictating academic standards.

Students are also fully responsible for managing their degree progress in compliance with the curriculum. This includes, but is not limited to: ensuring schedule accuracy each semester, adhering to all registration and payment deadlines, proactively addressing any issues that may interfere with degree progress, exclusively using the university assigned email address for all academic-related correspondence, and observing course-specific deadlines and policies.

WVPU retains the right to update policies and procedures. Students will be informed of any such changes in a timely manner.

Add the Minor in Business to Your Undergraduate Degree

Learning Outcomes

Successful graduates of this program will be able to:

  • Understand the big picture of a business: how the business is impacted by outside forces and how it is driven by its interconnected internal functions.
  • Identify business problems and opportunities, analyze them and formulate potential strategies to address them.
  • Utilize technology to analyze business problems, propose and examine potential solutions and present recommended courses of action.

Required Courses (18 credit hours)

WVPU Business and Management Faculty Members

2023-2024 Academic Year

Name Research Area/Subject Expertise Email Address
Dipl. Ing. Martin Winkler Marketing martinwinkler@webster.edu
Dr. Ahu Genis-Gruber Management ahu.genis-gruber@webster.edu 
Dr. Andrea Gaal Management andreagaal70@webster.edu
Dr. Armin Kammel Business Law arminkammel@webster.edu
Dr. Boris Fisera Finance borisfisera@webster.edu
Dr. Christian Glocker Economics christianglocker@webster.edu
Dr. Christian Kronenberg Management and Entrepreneurship ckronenberg96@webster.edu
Dr. Claus Ebster Marketing and Management clausebster36@webster.edu
Dr. Emil Martirosyan Management emilmartirosyan@webster.edu
Dr. Eric Frey Economics efrey@webster.edu 
Dr. Florin Abazi Computer Science abaziflo@webster.edu
Dr. Hanno Poeschl, MBA Finance and Management hannopoeschl35@webster.edu
Dr. Heinz Palasser Accounting heinzpalasser17@webster.edu
Dr. Hossein Hassani Statistics hosseinhassani57@webster.edu
Dr. Lemonia Papadopoulou-Kelidou Human Resource Management lpapadopouloukel@webster.edu
Dr. Owat Sunanta Mathematics and Statistics owatsunanta43@webster.edu
Dr. Paul Fischer Business Law paulfischer44@webster.edu
Dr. Rudolf Rössel, MBA Computer Science rudolfroessel99@webster.edu
Dr. Stefan Otto Grbenic Accounting grbenist@webster.edu
Dr. Stefan Vogel Accounting stefanvogel@webster.edu 
Dr. Thomas Hadler Marketing thomas.hadler@webster.edu
Dr. Xavier Matteucci Marketing xmatteucci75@webster.edu
Dr. Zoran Latinovic Marketing zoranlatinovic@webster.edu 
Mag. Alexandra Deubner Leadership Alexandra.Deubner@webster.ac.at
Mag. Bernhard Krumpel Marketing bernhardkrumpel@webster.edu
Mag. Christina Jeloschek Human Resources cjeloschek@webster.edu
Mag. Svetla Pehlivanova-Porenta Management svetlap16@webster.edu
Mr. Alan Noble, MA Management alannoble03@webster.edu
Mr. Alfred Dolecek, MSc Accounting and Marketing alfreddolecek24@webster.edu
Mr. Charles La Fond, MBA Management charleslafond29@webster.edu
Mr. Florian Weikl, MBA Marketing florianweikl@webster.edu
Mr. Michael Kapfer, MBA Marketing Public Relations michaelkapfer77@webster.edu
Ms. Casandra Hutchinson, MSc Mathematics and Statistics chutchinson61@webster.edu

 

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