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The Master of Business Administration (MBA) program provides training in business for students interested in understanding the working nature of business in a competitive environment. Courses in the MBA program integrate information and theories from various disciplines, including accounting, economics, finance, marketing, production operations and strategic management.

This program gives students the business skills they need to develop and implement value creating ideas and solutions. It's designed for professionals who want to shape their own career, upgrade credentials and be strategic players in the world of business.

Class time throughout the program will be devoted to case studies and other real-world applications. Your final capstone course, MBA 5920 Walker Consulting Project, offers an opportunity to put your skills and competencies into practice. You and a team from across our international network will work directly with an organization's representatives to identify opportunities, address challenges and create value-added solutions.

Intake/Entry: Fall semester only

ACBSP Accreditation for The Walker School of Business & Technology

The Walker School of Business & Technology is proud to be accredited by the Accreditation Council for Business Schools and Programs (ACBSP) for the Master of Business Administration (MBA). ACBSP is dedicated to improving the quality of business schools and programs around the world, and ultimately to improving the practice of business in every industry around the world.

ACBSP Accredited
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Learning Outcomes

Professor leans over desk to point at section of a book that the two students sitting at the desk are looking at
  • Graduates will build their skills in 18 Business and nine Personal Effectiveness areas.
  • Graduates will be able to solve semi-structured and unstructured business problems.
  • Graduates will be able to focus on creating value in an ESG (environmental, social, governance) framework consistent with modern business practice.

About Webster's MBA Program

Note: Program prerequisites may be taken concurrently with MBA 5010. Prerequisite courses are required for those students who have not completed an appropriate equivalent within the five years prior to entering the MBA program. In the case of BUSN 5000, Business, students must have completed an accredited undergraduate degree in business or management within five years of starting the MBA program. If the appropriate prerequisite course content was completed more than five years prior to entering the program, the department will allow a waiver if the student demonstrates command of the content area by successfully completing a waiver examination. If you are interested in taking a prerequisite waiver examination, please see the department coordinator.

The degree requires satisfactory completion of 36 U.S. credit hours of the MBA curriculum. Students who require prerequisite courses may have to complete more than the minimum required U.S. credit hours for this degree. View previous degree requirements (PDF).

The below program is effective starting Fall 2021:

  • MBA 5010 Value Creation (3 hours)
  • MBA 5020 Quantitative Methods for the MBA (3 hours)
  • MBA 5030 Market Analysis and Business Planning (3 hours)
    Prerequisites: BUSN 5000 and MBA 5010
  • MBA 5100 Adding Value Through Human Capital(3 hours)
    Prerequisites: BUSN 5020 and BUSN 5030
  • MBA 5200 Financial Value of Capital Projects (3 hours)
    Prerequisites: BUSN 5020 and BUSN 5030
  • MBA 5300 Providing Value to Customers (3 hours)
    Prerequisites: BUSN 5020 and BUSN 5030
  • MBA 5400 The Supply Chain and Business Processes (3 hours)
    Prerequisites: BUSN 5020 and BUSN 5030
  • MBA 5500 Information Support for Decision-making (3 hours)
    Prerequisites: BUSN 5020 and BUSN 5030
  • MBA 5910 Cases in Value Creation (3 hours)
    Prerequisites: BUSN 5100, BUSN 5200, BUSN 5300, BUSN 5400, and BUSN 5500 (can be taken concurrently with BUSN 5500)
  • MBA 5920 Walker Consulting Project: Adding Value to Organizations (3 hours)
    Prerequisite: completion of all of the required courses above (can be taken concurrently with BUSN 5910)
  • BUSN 6250 Thesis (6 hours)

MBA graduates find career opportunities in a myriad of global industries, including logistics, energy, tourism, finance and trade. Previous graduates have found positions as global supply chain consultants, trade policy advisors and as managers in business development, finance and international marketing. Whether you want to grow in your current organization or transition to something new, you'll be prepared for your next step. With Webster Vienna's MBA, you'll combine a carefully selected set of business competencies with personal effectiveness competencies to help you create value within your organization and achieve your professional goals.

Purpose and Scope

This Study Plan and Regulations lays out the specifications of the program Master of Business Administration (MBA), including the profile and learning outcomes, the structure of the curricula, program development and the criteria for admission and conferment of a degree.

This Study Plan and Regulations is applicable to all students pursuing the Master of Business Administration with an Emphasis in International Business starting on or after Sept. 1, 2021. It pertains to the degree (MBA) 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, USA may vary slightly. Students are encouraged to consult with their advisor for details.

Overview Table

Degree program name Master of Business Administration (MBA)
Common form name Master of Business Administration
Type of study program Master degree program
Academic degree Master of Business Administration (MBA)
Cycle (Bologna) 2
NQF-Level VII
Organizational structure Business and Management Department
Workload (ECTS) 90
Regular study period 2 years, 4 semesters
Course weeks per semester 12
Language of study English
Maximum intake per year 25
Study format Full time
Entry points/dates 2/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

Profile and Learning Outcomes

The Master of Business Administration (MBA) curriculum focuses on functional areas of business such as marketing, finance, data systems and human resource management. The program provides training for graduates to be able to identify and efficiently manage activities with the potential to generate the greatest possible value for owners, customers and other stakeholders in their organization. Courses in the MBA program combine a carefully selected set of business competencies (e.g., understanding value creation, implementation planning, business process management, decision making) with personal effectiveness competencies (e.g., effective communication, collaboration, analytical thinking, creative problem solving).

The objective of this program is to develop broadly educated business managers and executives who understand the nature of business as a whole, with the tools and techniques applicable to a wide variety of business situations. Given the breadth of scope, career opportunities are possible in almost any business or industry. The degree is especially suitable for analytical types of jobs requiring critical thinking and ability to communicate effectively within the organization. It does not predetermine a specific career path, but rather provides graduates with set of skills to be sufficiently flexible in the fast-changing labor market. The MBA program focus of preparing students to become tomorrow’s leaders in the private sector keenly matches WVPU’s profile and objectives. Its strong focus on and integration of real-life cases ensure that graduates of the MBA program are fully qualified for the degree they earned and are critical and adaptive thinkers capable of succeeding in a complex and changing labor market.

Learning Outcomes

Students who complete this program will be able to:

  1. Analyze a business and identify and evaluate opportunities for value creation.
  2. Apply the core business competencies necessary to increase organizational value.
  3. Demonstrate the personal effectiveness competencies necessary to achieve their professional goals and to contribute to the accomplishment of the organization's objectives.

MBA Program Learning Outcomes

NQF Level-VII Los LO1 LO2 LO3
Knowledge    
Skills    
Competencies  

Curriculum Overview and Workload

The MBA curriculum is organized into three modules: Value Creation Foundation (22.5 ECTS), Value Creation Components (37.5 ECTS) and Value Creation in Practice (15 ECTS) culminating in a thesis (15 ECTS). The Value Creation Foundation Module must be completed before progression to the Value Creation Components, which, in turn, must be completed before taking the two Value Creation in Practice courses. The total required workload is 90 ECTS including a thesis.

Full time students working toward the MBA will usually carry a course load of four courses per semester. For each course in the MBA program with the exception of the thesis, students attend 36 hours of courses and conduct approximately another 151.5 hours of self-learning.

Each of the core Competency Courses (CC), Discipline Courses (DC) and Enrichment Courses (EC) is offered at least once a year. Full course descriptions, individual learning outcomes, details about ECTS, weekly study schedules and assessment criteria are available in each course syllabus, available via WVPU’s publicly accessible course schedule.

Curriculum Overview

Students seeking to begin the Module 1 must demonstrate advanced knowledge in business prior to beginning the program or successfully complete a related prerequisite course of 7.5 ECTS. While the credits earned for the prerequisite courses are recorded in the Diploma Supplement, they do not count toward the degree.
Prerequisite (7.5 ECTS)*

Course Type** Format*** hrs/weeks AT/SL**** ECTS
BUSN 5000 Business* DC IL/SE 3/12 36/151.5 7.5

*Students with an accredited undergraduate degree in business or similar focus, or students who pass a waiver exam are not required to take this course. May be taken concurrently with Module 1 with permission. BUSN 5000 may be waived with proof of a completed business degree from an ACBSP, AACSB, IACBE, EQUIS, or AMBA accredited business program, official transcripts documenting prior successful completion of the required professional competencies, or a successfully passed BUSN 5000 waiver exam offered through Peregrine Academic Services, covering the Common Professional Components(CPC) as defined by ACBSP standards. A passing score is 60% or higher.
**Types of courses include: Competency Courses (CC), Discipline Courses (DC), and Enrichment Courses (EC)
***[IL] – Interactive Lecture, [SE] – Seminar, [PT] – Practical Training, [CO] – Colloquium, and [TH] – Thesis
****AT/SL = Attendance (in-class hours)/Self-Learning (time devoted on subject out of the classroom)

Module 1: Value Creation Foundation (22.5 ECTS)

Course Type Format h/w AT/SL ECTS
MBA 5010 Value Creation CC IL/SE 3/12 36/151.5 7.5
MBA 5020 Quantitative Methods for the MBA CC IL/SE 3/12 36/151.5 7.5
MBA 5030 Marketing Analysis and Business Planning DC SE/PT 3/12 36/151.5 7.5

Module 2: Value Creation Components (37.5 ECTS)

Course Type Format h/w AT/SL ECTS
MBA 5100 Adding Value through Human Capital EC IL/SE 3/12 36/151.5 7.5
MBA 5200 The Financial Value of Capital Projects EC IL/SE 3/12 36/151.5 7.5
MBA 5300 Providing Value to Customers EC IL/SE 3/12 36/151.5 7.5
MBA 5400 The Supply Chain and Business Processes EC IL/SE 3/12 36/151.5 7.5
MBA 5500 Information Support for Decision Making EC IL/SE 3/12 36/151.5 7.5

Module 3: Value Creation in Practice (15 ECTS)

Course Type Format h/w AT/SL ECTS
MBA 5910 Cases in Value Creation EC PT 3/12 36/151.5 7.5
MBA 5920 Walker Consulting Project: Adding Value to Organizations EC PT 3/12 36/151.5 7.5

Thesis (15 ECTS)

Course Type Format h/w AT/SL ECTS

MNGT 6250 Master Thesis: The Master Thesis includes a public defense in which the program candidate presents their work to a Defense Committee and an audience of their peers.

CC TH - 25/350 15

Roadmaps and Course Sequencing

Students working toward an MBA can complete the program in a minimum of four semesters. Curriculum in this program develops as students progress through their studies. For that reason, adhering to prescribed course sequencing is an essential component to success. The course syllabus or WVPU’s publicly accessible course schedule both list course prerequisites, if any.

Advisors are available to assist students with degree planning to help ensure proper course sequencing. Though most students will adhere to their respective program roadmap, advisors can help develop individualized degree plans when the situation warrants deviation from the roadmap. Advisors must approve all course registration requests before they are processed. Advisors also consult on issues related to academic and career goals, and university resources.

The Business and Management Department reserves the right to waive or adjust course prerequisites as necessary.

Program Development and Enhancement

The Master of Business Administration program is subject to WVPU’s systematic Internal Quality Management System that 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 master’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.

All incoming Master of Business Administration candidates are interviewed by Business and Management Department faculty, allowing the department to directly assess the quality of candidates and thereby ensure that the high standards of the program are sustained. 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, 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 and 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 Study Program

In addition to the General Admission Requirements for Graduate Programs, applicants to the Master of Business Administration program must fulfill the following requirements:

  • Applicants must prove that they have two years of relevant work experience documented on the resume/curriculum vitae.
  • The Admissions Committee may request additional employment confirmation.

If admitted, applicants who have not completed undergraduate or graduate degrees within the last five years from an accredited business, financial accounting or economics program, must take the following prerequisites prior to taking core graduate courses or satisfactorily pass waiver examinations.

Course Type Format h/w AT/SL ECTS
BUSN 5000 Business* DC IL/SE 3/12 36/151.5 7.5
*Students with an accredited undergraduate degree in business or similar focus, or students who pass a waiver exam are not required to take this course. Can be taken concurrently with Module 1 with permission. BUSN 5000 may be waived with proof of a completed business degree from an ACBSP, AACSB, IACBE, EQUIS, or AMBA accredited business program, official transcripts documenting prior successful completion of the required professional competencies, or a successfully passed BUSN 5000 waiver exam offered through Peregrine Academic Services, covering the Common Professional Components(CPC) as defined by ACBSP standards. A passing score is 60% or higher.

The Master of Business Administration program allows a maximum transfer of 22.5 ECTS, which apply toward residence requirements.

Supplementary Requirements for Conferment of the Degree

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

  1. Candidates must complete all modules (90 ECTS) as stated in the Curriculum Overview;
  2. Students must successfully earn 75 ECTS in residence;
  3. Students must complete and defend a master thesis (15 ECTS);
  4. All courses must be completed with a grade of B- or better.

The University reserves the right to approve and assign transferred credits as equivalencies to courses which could result in fewer than 75 overall ECTS completed in residency.

WVPU Policies and Student Obligations

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, available on the WVPU website. 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.

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Business and Management Library Resources

Databases

Faculty — Business and Management

 

Dr. Florin Abazi

Computer Science
abaziflo@webster.edu

Dr. Mehdi Ali

Economics
mehdiali29@webster.edu

Dr. Maximilian Benner, MSc

Economics
maximilianbenner@webster.edu

Mr. Alfred Dolecek, MSc

Accounting and Marketing
alfreddolecek24@webster.edu

Univ.-Doz. Dr. Claus Ebster

Marketing & Management
clausebster36@webster.edu

Mag. Alexandra Federer, MBA

Marketing
alexandrafederer@webster.edu

Mr. Massimiliano Falcinelli, MS

Computer Science
mfalcinelli49@webster.edu

Dr. Paul Fischer, LLM

Business Law
paulfischer44@webster.edu

Dr. Andrea Gaal

Management
andreagaal70@webster.edu

Dr. Hossein Hassani

Statistics
hosseinhassani57@webster.edu

Ms. Casandra Hutchinson, MSc

Math & Statistics
chutchinson61@webster.edu

Prof. Mag. Dr. Dr. Petra Inwinkl

Management
petrainwinkl@webster.edu

Mr. Michael Kapfer, MBA

Marketing & Public Relations
michaelkapfer77@webster.edu

Dr. Christian Kreuzer

Finance
ckreuzer26@webster.edu

Dr. Christopher Kronenberg

Management & Entrepreneurship
ckronenberg96@webster.edu

Mr. Charles La Fond, MBA

Management
charleslafond29@webster.edu

Dr. Xavier Matteucci

Marketing
xmatteucci75@webster.edu

Mr. Alan Noble, MA

Management
alannoble03@webster.edu

Dr. Heinz Palasser, MBA, MSc

Accounting
heinzpalasser17@webster.edu

Mag. Svetla Pehlivanova-Porenta

Management
svetlap16@webster.edu

Dr. Hanno Poeschl, MSc, MBA

Finance & Management
hannopoeschl35@webster.edu

Dr. Rudolf Rössel, MBA

Computer Science
rudolfroessel99@webster.edu

Dr. Roman G. Seligo

Sales Management
romanseligo46@webster.edu

Mag. Robert Senz

Finance
robertsenz64@webster.edu

Dr. A. Nicholas Simon

Business Law
nicholassimon91@webster.edu

Dr. Christian Steineder

Mathematics
csteineder10@webster.edu

Mr. Miguel Suarez Vasquez, PhD, MSc, MBA

Business and Accounting
miguelsuarez21@webster.edu

Dr. Owat Sunanta

Math and Statistics
owatsunanta43@webster.edu

Mr. William Tippin, DM, CMC

Management [Fall 2020 Visiting Sverdrup Fellow]
wmtippin@webster.edu

Mr. Emil Tsenov, MA

Marketing
emiltsenov73@webster.edu

Dipl.Kfm. Norbert Wetzel, MBA

Finance and Human Resources Management
norbertwetzel59@webster.edu

Mag. Christian Wozabal, MBA

Accounting
cwozabal74@webster.edu

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