What is the WU Vienna MiM Review?
The WU Vienna MiM Review is useful for people who want to gain a quick understanding of the Masters in Management/CEMS program at WU University of Economics and Business.and understand if it would be a correct choice for them. Apart from a brief review of the school, data about the Masters in Management/CEMS program application process, the class profile and placement statistics upon graduation are presented.
With more than 24,000 students, WU (Vienna University of Economics and Business) is one of the largest economics and business universities in the European Union. It is known for its broad range of fields and disciplines and numerous specializations in teaching and research. Outstanding academic quality standards, the practical relevance of the programs, and excellent job prospects for WU graduates make WU an attractive choice for students from all over the world. It has been ranked as one of the best business schools in Europe.
WU’s degree program in International Management/CEMS came in at an excellent 8th place in the 2016 Masters in Management Ranking issued by the Financial Times. This ranking result puts WU in the same league as prestigious institutions like the London Business School, ESADE Business School, and Bocconi University.
In the summer of 2015, WU became the first Austrian university to be granted a five-year accreditation from AACSB International (The Association to Advance Collegiate Schools of Business). This accreditation also brings tangible benefits for WU students: They receive a degree that is held in high regard internationally, which improves their standing in the job market It increasingly draws students from outside Austria, mostly from Central and Eastern Europe. Most of the faculty are of Austrian or German nationality.
The Master in International Management/CEMS is an exclusive international management program, which combines two degrees into one 24-months program – WU’s MSc and the CEMS MIM. The program will provide you with the know-how and skills to succeed in a global business environment and to become multicultural and multilingual leaders.
The Master in International Management/CEMS combines two degrees – WU’s Master in International Management (MSc) and the Master in International Management (CEMS MIM) offered by The Global Alliance in Management Education (CEMS) – into one 24-month program. For details about the structure of the program click here.
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The Master in International Management/CEMS is an exclusive international management program which combines two degrees into one 24-months program – WU’s MSc and the CEMS MIM.
Based on CEMS students evaluation of course offer, school administration, student services and CEMS Club activities (with an overall result of 4.25 on our 5 point scale) WU received the "CEMS School of the Year Award".
WU won prizes in the categories "Best Exclusive Course" (Phillip Nell: Managing and Analyzing Data for Business Decisions) and "Best International Business Project" (Jonas Puck, Thomas Lindner and Moritz Putzhammer in cooperation with A.T. Kearney).
WU Wien has the CEMS Club Vienna (CCV) which is an association of CEMS students studying at WU Wien. As a networking platform between corporate partners, CEMS Alumni and CEMS students, the main goal is to combine the academic program with social and professional events. The activities involve decisions concerning the program content as well as organizing events with corporate partners, such as company presentations, workshops, rotation dinners etc. In addition, various social and cultural events contribute to the club’s networking aim.
Skills which the WU MiM value
WU Vienna has one of the most competitive Masters programs in the world and is on the lookout for high potential candidates who exhibit the following skills:
- Analytical mindset
- Intellectual aptitude
Be sure to mention in your motivation statement how you exhibit these skills, and back them up with relevant examples.
Next, in the WU Vienna Masters in Management Review, find all the application requirements listed below.
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- Application form duly completed and submitted by the deadline
- Undergraduate degree
- Relevant work experience
- Official results of GMAT or GRE, and, for students whose first language is not English, TOEFL or IELTS (English comprehension)
- Two letters of recommendation
WU MiM Programs Content
The duration of these programs is 24 months. You must have completed your courses and your final project by the end of this period. All students in the program must be registered on a full-time basis .The Master in International Management/CEMS is a full time program taught completely in English. Students can be sure to experience an excellent management education and an exchange program at a renowned partner school.
Core Courses: Gain an accurate and analytical comprehension in the techniques of general management. Courses include:
- Global Marketing Management
- Business Project
- Industry Analysis : An International Perspective
- Landscape and Challenges of International Business
- International Firms, Cultures and Human Resources
- Managing International Business Networks
- Global Financial management
You get the opportunity to visit top global businesses in Vienna, Berlin, including consultancies, investment banks, brand management firms, retail giants, media tycoons and more. It helps you to experience global business milieus and apply practical skills.
These courses help enhance an expansive and deeper understanding of the business milieu.
- Business Communication
- Technology and Globalization
- Skills development
- Industrialization and Development
- Global Governance
- Territorial Development and Social Innovation
Duration: 24 months.
Tuition Fees for 2017 intake: € 726.72 per semester.
Most of the applicants are curious to know about the WU MiM Programs acceptance rate
WU Vienna has not disclosed any stats on its acceptance rate, but it can be estimated around 25%-33%
|Round 1||1 September 2017|
|Round 2||8 October 2017|
|Round 3||8 January 2018|
|Round 4||8 March 2018|
Constituents of the application package
- Online application form
- Motivation Letter
- GMAT/GRE Score
- One page CV
- 2 Letter of recommendations: One academic & one professional
- A copy of college transcript
- IELTS, TOEFL, Academic score (for some international students)
WU Vienna MiM Student Profile
- Class size : 170
- Average Age : 25
- 26 nationalities on the programme
- 40% female intake
- 30% international students
- Over 23 countries represented by WU faculty
- 42,000+ alumni across 155 countries
- GMAT score range: 600 - 780 (Avg: 686)
WU Vienna MiM Placement Statistics
Base Salary of £39,790
The employment rate is high for WU MiM graduates with many having six-figure salaries.
Highest Salary awarded £63,000
Overall WU MiM Placements are pretty good, and hence WU MiM Program is an attractive proposition for most people.
Sectors students were placed in:
|Private Equity & Venture Capital||5%|
|Diversified Financial Services||3%|
|Technology, Media & Telecoms||11%|
|Consumer & Retail||3%|
Some notable companies recruiting from the WU Masters in Management
|Strabag||Uniqa||Andritz||Bain & Company|
|Verbund||OMV Group||Voestalpine||Deutsche Bank|
|Vienna Insurance Group||Goldman Sachs||KPMG||Macquarie|
|Erete Bank||Volksbank||Milward Brown||Morgan Stanley|
Next in the WU MiM Review, find all the application essay questions listed below.
APPLICATION ESSAY INSIGHTS
The WU MiM application comprises of a motivation letter that should elucidate your strong desire for the program. WU Vienna takes its essays very seriously and uses it as a medium to understand the strengths and weaknesses of prospective students. So make sure your motivation letter is superb.
The Motivation letter
The motivation letter should be no longer than 600 words. It should focus on the questions:
Why do you want to study the Master in International Management/CEMS at WU Vienna?
Which areas of study, which courses and topics are of most interest for you and why?