International Banking and Finance

At the core of this internationally oriented English language based master degree programme “International Banking and Finance” is the acquisition of practically relevant management skills, tailored to the needs of the international banking and finance industry. Speakers who are drawn from leading international banking and financial institutions and the highly qualified lecturers of the UAS pass on their expert knowledge to the students and encourage in-depth discussions. The international nature of the master degree and the resulting professional exchange are the foundations of an academic education of highly qualified internationally oriented graduates.

Gain international experiences

Students have various possibilities to go abroad and spend time at one of our partner universities.

Online info sessions

Would you like to learn more about the International Banking and Finance degree programme and have your individual questions answered? Then register now for our online info sessions! The degree programme team will inform you about application and admission, study contents and career opportunities.

Dates:

Currently, there are no online info sessions scheduled.

International student virtual Q&A sessions

Your opportunity to ask questions around visa, housing, and living in Vienna.
No registration necessary - just click on the links below and join directly. We look forward to seeing you!

Currently, there are no online info sessions scheduled.

Qualifications

The graduates are able to

Apply methods and ideas in customer and product management, treasury, cost accounting, controlling, liquidity and risk management at master’s level
Analyse the connections and effects of central banking processes, plan measures to steer these processes, and implement them in an international environment
Identify and analyse key topics of bank management in order to infer context-specific recommendations and measures
Realise ideas and methods of modern management theories (Corporate Social Responsibility, Systemic Organisation Development, Collaboration, Change and Innovation Management) and apply them appropriately
Collaborate in implementation and research projects in banking and finance

Career opportunities

Asset Manager
Relationship Manager
Bank Auditor
Finance Analyst
Treasury Manager

You can find more information in the current brochure of the degree programme

Have a closer look:

Brochure International Banking and Finance

Downloads

Brochure International Banking and Finance Download icon
(pdf 2.332 MB)
Curriculum MA International Banking and Finance Download icon
(pdf 39.986 KB)
Guide Master Application and Admission Download icon
(pdf 1.814 MB)
Preparation material International Banking and Finance Download icon
(pdf 139.044 KB)
Banking Finance ALM Handbook Chapter 1 Download icon
(pdf 2.056 MB)
Education Contract Master Download icon
(pdf 141.746 KB)
General terms and conditions security deposit Download icon
(pdf 110.69 KB)

Become the next generation banking and finance expert!

Degree programme director Gernot Kreiger about the study programme

Our partners

The programme at a glance

Degree/Title:

Master of Arts in Business, MA

Length of programme

3 semesters

Mode of study

Career parallel programme: three times a week and Saturdays during the day

Place of study

Campus Wohlmutstrasse
Wohlmutstrasse 22
1020 Vienna

Language of instruction

English

Credits

90 ECTS

Tuition fee

€ 363.36 / semester (+ € 22.70 student union fee)

Semester Abroad

Students have various possibilities to go abroad and spend time at one of our partner universities. The degree programme recommends completing a semester abroad in the 3rd semester.

Admission procedure

Application video
Online MC test

Preparation for admission procedure

For preparation materials please see the download section. There are no external courses required.

Application period for EU/EEA-citizens

1 October until 31 May

Application period for non-EU/EEA-citizens

1 October until 30 April

Admission requirements

Secondary school leaving-certificate (High school Diploma) AND
Completion of a degree in business studies in Austria or equivalent degree abroad (The legalization list can be found here.)

AND

proven qualifications in

Business Administration (4 ECTS)
Accounting and Controlling (4 ECTS)
Economics (4 ECTS)
Mathematics and Statistics (4 ECTS)

Bridging courses

Take advantage of the free bridging courses offered by the UAS BFI Vienna (May to July) to acquire missing ECTS and qualify for admission to a master programme.

Level of qualification according to the National Qualification Framework and the European Qualifications Framework

NQR 7

Field(s) of study (e.g. ISCED-F)

0412 Finance, banking and insurance

Access to further studies

Graduates of UAS master programmes are entitled to enroll in relevant doctoral programmes (pursuant to § 6 para. 4 FHG, as amended) or university courses.

Contact

Magdalena Schlichtinger

Coordinator
magdalena.schlichtinger@fh-vie.ac.at
+43 1 720 12 86-231

ECTS and course information

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Type of study course

Degree programme

Curriculum

Semester

ECTS Credits

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Course

ECTS Credits

Language

Curriculum

Semester

Incoming

Course Academic English

ECTS Credits 2.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester

After successful completion of the course, students can
· formulate research questions
· paraphrase, and quote from the relevant literature
· produce excerpts and abstracts
· draft academic texts in English (e.g. research proposal, master's thesis).
· use formal academic register and vocabulary
· structure their papers in a coherent manner
· use formal spoken academic English register to present their papers.

More Info
Course Business Model Challenge

ECTS Credits 4.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester
After this integrated course, students can
- do systematic literature research
- describe impacts of technology changes in strategic and operational banking
- apply case study approach as a methodology for answering a research question properly
- analyse and evaluate these impacts on specific banking business cases
- write scientific papers.
More Info
Course Current issues and innovations in international Finance

ECTS Credits 6.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester

icoming yes
Incoming
After successful completion of the module, the students can
- describe the components of the income statement and alternative presentation
- describe the elements of the balance sheet: assets, liabilities, and equity
- describe uses and limitations of the balance sheet in financial analysis
- describe relationships among ratios and evaluate a company using ratio analysis
- explain benefits of securitization for economies and financial markets
- describe securitization, including the parties involved in the process and the roles they play
- describe characteristics of the major asset classes that investors consider in forming portfolios
- describe the major types of securities, currencies, contracts, commodities, and real assets that trade in organized markets, including their distinguishing characteristics and major subtypes
- define spot rates and calculate the price of a bond using spot rates
- compare and calculate cash flows from operating, investing, and financing activities
- describe and calculate the flat price, accrued interest, and the full price of a bond
- identify, calculate, and interpret activity, liquidity, solvency, profitability, and valuation ratios
- calculate and interpret the mean, variance, and covariance (or correlation) of asset returns based on historical data
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Course Economics tutorial

ECTS Credits 3.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester

icoming yes

Incoming

After the successful completion of this course the students are in the position to describe important current issues in selected aspects of monetary and financial developments and link them to developments in the real economy in order to assess current and future developments in order to evaluate them properly.

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Course Emerging Markets

ECTS Credits 3.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester

icoming yes

Incoming

After successful completion of this course, the students can describe social, financial and economic dynamics in different types of emerging markets. In addition, students are able to explain different theoretical perspectives that describe the development processes of emerging markets. Moreover, students are able to assess different development models and their implications as well as the conditions that enable alternative future development paths.

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Course International Bank Management

ECTS Credits 3.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester

icoming yes
Incoming
After successful completion of the lecture, the students can
- describe the roles of the IMF, the BIS and the OECD
- distinguish between fixed and floating rate regimes, recognize the graduated nature of floating regimes, and explain the basic economic rationale for each type of regime
- explain why and how central banks intervene in the foreign exchange market and in their domestic money market, and understand their targets of monetary policy
- identify the economic and financial indicators that are proxies for the main items in the national income accounts and explain the connection
- understand the impact of a change in the spot rate on an FX swap
- describe how interest is managed in matched-principal FX swaps
- distinguish domestic, foreign and eurobond markets
- understand and distinguish different bond types such as ABS and covered bonds, index-linked bonds, bonds with puts, calls, etc.
- explain the importance of government bond markets
- explain the impact of credit risk (and credit spreads) on bond prices and swap rates
- define a Repo
- understand the logic underlying the Black-Scholes theory
- outline some of the alternative pricing models available, including the binomial theorem for major underlying asset classes (Cox-Ross-Rubinstein, Monte Carlo, etc.)
- describe the exclusive roles of the front office, middle office (risk management
- function) and back office, and explain the need for the segregation of their duties
- describe the role of the ALCO
- describe the role of the credit committee
- describe the role of audits
- define risk capital, explain its role in covering unexpected losses, distinguish
- between economic and regulatory risk capital, and outline how capital is raised and reinvested
- explain the the architecture of the Basel III Accord
- define VAR
- understand VAR and other sensitivity measures for managing the bank book
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Course International Banking Business

ECTS Credits 6.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester

icoming yes
Incoming
After the successful completion of this practical course students can
- illustrate different roles of the IMF, the BIS and the OECD
- analyse the reasons why and how central banks intervene in the foreign exchange market and in their domestic money market
- calculate both sides of the theoretical swap points from a two-way spot and the bid and offered interest rates
- calculate a FX cross-rate swap
- calculate the profit or loss on a spot, forward FX and FX swap position
- calculate the fair value of plain vanilla and zero-coupon bonds from yield-to-maturity
- calculate the expected change in portfolio value for a given change in yield out of a given modified duration
- calculate a zero-coupon yield from a series of yields-to-maturity using the “bootstrapping” method and calculate a par yield from zero-coupon yields
- evaluate the price of an IRS
- calculate the price of an option with Black-Scholes model
- decompose Caps and Floors
- calculate the exact cost of borrowing or return on lending that is hedged with an FRA
- calculate VAR of portfolios
- calculate liquidity risk measures
- hedge FX, interest rate and liquidity risk of a given portfolio
- evaluate the impact of trading activities on balance sheet, P/L- and CF statement
- calculate and interpret risk adjusted performance measures
- choose trading activities according to given management goals
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Course International political economy and finance

ECTS Credits 3.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 2 SS Semester

icoming yes

Incoming

After successful completion of this course, the students can describe central aspects such as international finance and international trade and different theoretical approaches in international political economy. Moreover, students are able to explain and compare different theoretical perspectives such as neoclassical and Keynesian perspectives on the international financial architecture. Based on these theoretical perspectives, students are able to analyse historical and contemporary developments in the international political economy. In addition, students are able to assess important international dynamics such as the rise of China and the international implications.

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Course Banking Business Game

ECTS Credits 3.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 3 WS Semester
After the successful completion of this course, the students can
- describe and explain the Asset & Liability Management (ALM) process in their bank
- explain how the key focus areas of ALM affect day-to-day decision-making in the bank
- identify and analyse the bank’s exposure to the Key Sources of Financial Risk
- identify the various strategies and frameworks the bank employs in order to control risks within specified limits
- identify the key drivers of performance
- reorganize team structure, if it is necessary to increase decision performance
- decompose given management goals into sub-goals
- Infer from subgoals to the right Management actions
- manage the loan portfolio and bank book in respect to erformance and risk
- manage the Balance Sheet of their bank
- manage economic value of equity of their bank
More Info
Course Final Examination

ECTS Credits 6.00 ECTS Credits

Language English Language

Curriculum PT Curriculum

Semester 3 WS Semester

Legend: FT = Full Time, PT = Part Time, SS = Summer Semester, WS = Winter Semester

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"Living in a beautiful city, acquiring skills relevant to professional practice, analysing real company cases in real time, with experts as speakers - a truly great experience. Invaluable unique insights and perspectives can also be expected from the multifaceted international student group. This Master's program has best combined my professional experience in Canada with my education, giving me a professional competitive edge!"
Mandy Sandhu, MA, Alumna