| Course Level: | Bachelor’s | |
|---|---|---|
| Course Duration: | 3 Years | |
| Course Language: | English | |
| Required Degree | Class 12th | |
| Course Level: | Master's | |
|---|---|---|
| Course Duration: | 2 Years | |
| Course Language: | English | |
| Required Degree | 4 Year Bachelor’s Degree | |
Location: Vienna, Austria
Language of Instruction: English
Student Demographics: International student body with diverse cultural backgrounds
LBS offers undergraduate and postgraduate programs focused on business, economics, and management. Some of the key programs include:
Bachelor of Business Administration (BBA)
Master of Science (MSc) in International Management and Leadership
Master of Science (MSc) in Strategic Finance and Business Analytics
International Focus: Strong emphasis on international business practices and global economic understanding.
Small Class Sizes: Personalized attention and close interaction between students and faculty.
Practical Approach: Integration of practical training, internships, and real-world business projects within the curriculum.
The faculty at LBS includes experienced professionals and academics from around the world, providing a global perspective on business education.
LBS encourages research and innovation through various initiatives, partnerships with industry, and opportunities for students to engage in research projects.
Modern Facilities: Equipped with state-of-the-art classrooms, libraries, and study areas.
Student Support Services: Comprehensive support services including career counseling, academic advising, and mental health resources.
Extracurricular Activities: Various student organizations, events, and activities that foster a vibrant campus community.
Undergraduate: Typically requires a high school diploma or equivalent, English proficiency (TOEFL, IELTS), and other specific requirements depending on the program.
Postgraduate: Requires a relevant bachelor’s degree, English proficiency, letters of recommendation, and possibly work experience or specific coursework.
Graduates from LBS are well-prepared for careers in international business, finance, management, and other related fields. The school's strong industry connections help students with networking and job placement.
LBS is accredited by relevant educational authorities, ensuring that its programs meet high academic standards.
The school has partnerships and exchange programs with various institutions worldwide, enhancing its global reach and providing students with international exposure.
LBS is committed to fostering an inclusive and diverse community, promoting values such as integrity, responsibility, and ethical business practices.
Duration: 3 years (6 semesters)
Focus: Provides a solid foundation in business administration, including economics, finance, marketing, management, and entrepreneurship.
Key Components: Core courses, electives, practical training, internships, and a final thesis.
Duration: 2 years (4 semesters)
Focus: Prepares students for leadership roles in international businesses, emphasizing strategic management, leadership skills, and cross-cultural understanding.
Key Components: Advanced courses in management and leadership, electives, practical projects, internships, and a master’s thesis.
Duration: 2 years (4 semesters)
Focus: Combines finance and analytics to train students in strategic financial decision-making and data-driven business strategies.
Key Components: Courses in finance, data analysis, strategic management, practical projects, internships, and a master’s thesis.
Course Program Name |
Duration of the Course |
Tuition Fees Per Year (USD) |
|---|---|---|
|
Bachelor of Business Administration (BBA) |
3 years (6 semesters) |
$13,500 |
Course Name |
Duration of the Course |
Tuition Fees Per Year (USD) |
|---|---|---|
|
Master of Science (MSc) in International Management and Leadership |
2 years (4 semesters) |
$14,500 |
|
Master of Science (MSc) in Strategic Finance and Business Analytics |
2 years (4 semesters) |
$14,500 |
LBS offers a range of programs conducted in English, making it accessible to students from around the world. The primary programs include:
Bachelor of Business Administration (BBA)
Master of Science (MSc) in International Management and Leadership
Master of Science (MSc) in Strategic Finance and Business Analytics
Global Perspective: The curriculum is designed with a strong international focus, preparing students for global business careers.
Cultural Diversity: LBS boasts a diverse student body, providing an enriching experience through interaction with peers from various cultural backgrounds.
Orientation Programs: Comprehensive orientation sessions to help international students acclimate to life in Vienna and at LBS.
Student Support: Dedicated services for academic advising, career counseling, and personal support.
Language Support: Optional language courses and resources to improve German or other language skills.
Internships: Mandatory internships are part of the curriculum, offering practical experience and exposure to the business world.
Industry Connections: Strong ties with businesses and industries provide networking opportunities and potential job placements.
Modern Facilities: State-of-the-art classrooms, libraries, and study areas equipped with the latest technology.
Extracurricular Activities: Various clubs, student organizations, and events that promote a vibrant campus life.
Student Housing: Assistance in finding suitable accommodation, either on-campus or off-campus.
High school diploma or equivalent
Proof of English proficiency (TOEFL, IELTS, or equivalent)
Application form, CV, motivation letter, and possibly an interview
Bachelor’s degree in a relevant field
Proof of English proficiency (TOEFL, IELTS, or equivalent)
Application form, CV, motivation letter, letters of recommendation, and possibly work experience
Bachelor of Business Administration (BBA): Approximately $13,500 per year
Master's Programs: Approximately $14,500 per year
Cost of Living: Vienna is known for its high quality of life, though students should budget for accommodation, food, transportation, and personal expenses.
Safety and Accessibility: Vienna is a safe and student-friendly city with efficient public transportation and numerous cultural and recreational activities.
Educational Qualifications:
High school diploma or equivalent.
Official transcripts from all previously attended schools.
English Proficiency:
Proof of English proficiency (e.g., TOEFL, IELTS, or equivalent).
Additional Documents:
Curriculum Vitae (CV).
Motivation letter (explaining why you want to study at LBS and your career goals).
Letters of recommendation (optional but recommended).
Application Fee:
Payment of the application fee (check the LBS website for the current fee).
Online Application:
Complete the online application form available on the LBS website.
Upload all required documents (transcripts, CV, motivation letter, proof of English proficiency).
Application Review:
The admissions office will review your application and documents.
You may be invited for an interview (in-person or online).
Interview (if applicable):
The interview assesses your motivation, communication skills, and suitability for the program.
Admission Decision:
You will receive an admission decision via email.
If accepted, you will receive an acceptance letter and further instructions.
Enrollment:
Confirm your acceptance by paying the enrollment deposit (if required).
Complete any additional administrative steps required for enrollment.
Educational Qualifications:
Bachelor’s degree in a relevant field.
Official transcripts from all previously attended universities.
English Proficiency:
Proof of English proficiency (e.g., TOEFL, IELTS, or equivalent).
Additional Documents:
Curriculum Vitae (CV).
Motivation letter (explaining why you want to pursue this master’s program and your career goals).
Letters of recommendation (usually from academic or professional references).
Work experience (optional but recommended, especially for MSc programs).
Application Fee:
Payment of the application fee (check the LBS website for the current fee).
Online Application:
Complete the online application form available on the LBS website.
Upload all required documents (transcripts, CV, motivation letter, proof of English proficiency, letters of recommendation).
Application Review:
The admissions office will review your application and documents.
You may be invited for an interview (in-person or online).
Interview (if applicable):
The interview assesses your motivation, communication skills, and suitability for the program.
Admission Decision:
You will receive an admission decision via email.
If accepted, you will receive an acceptance letter and further instructions.
Enrollment:
Confirm your acceptance by paying the enrollment deposit (if required).
Complete any additional administrative steps required for enrollment.
Lauder Business School (LBS) typically has two main intake periods for its academic programs:
Fall Intake:
Applications generally open in the early part of the year (January/February).
The deadline for applications is typically around the end of June.
Classes begin in September.
Spring Intake:
Not all programs may have a spring intake. It’s essential to check the specific program details on the LBS website.
Applications for the spring intake usually open in the middle of the previous year (July/August).
The deadline for applications is typically around the end of November.
Classes begin in February.
Educational Qualifications:
High school diploma or equivalent.
Official transcripts from all previously attended schools.
English Proficiency:
TOEFL: Minimum score of 80 (internet-based) or equivalent.
IELTS: Minimum score of 6.0 overall.
Other equivalent English proficiency tests are also accepted.
Additional Requirements:
Curriculum Vitae (CV).
Motivation letter explaining your interest in the program and career goals.
Letters of recommendation (optional but recommended).
Educational Qualifications:
Bachelor’s degree in a relevant field (business, economics, finance, or a related discipline).
Official transcripts from all previously attended universities.
English Proficiency:
TOEFL: Minimum score of 90 (internet-based) or equivalent.
IELTS: Minimum score of 6.5 overall.
Other equivalent English proficiency tests are also accepted.
Additional Requirements:
Curriculum Vitae (CV).
Motivation letter explaining your interest in the program and career goals.
Two letters of recommendation (academic or professional references).
Work experience (optional but preferred, especially for MSc programs).
Scholarship Name |
Eligibility Criteria |
Amount/Benefits |
Application Process |
Deadline |
|---|---|---|---|---|
|
Merit-Based Scholarship |
Outstanding academic achievements, strong leadership skills |
Up to 50% tuition fees |
Submit scholarship application with admission application |
Same as program application deadline |
|
Need-Based Scholarship |
Demonstrated financial need, satisfactory academic performance |
Variable (depends on need) |
Submit financial documentation with application |
Same as program application deadline |
|
LBS Diversity Scholarship |
International students from underrepresented regions |
Up to 30% tuition fees |
Submit essay on diversity contribution |
Same as program application deadline |
|
Alumni Scholarship |
Children of LBS alumni |
Up to 20% tuition fees |
Provide proof of parent’s LBS graduation |
Same as program application deadline |
|
Early Bird Scholarship |
Early application submission |
10% tuition discount |
Apply early (typically by March for fall intake) |
March 31 for Fall intake, September 30 for Spring intake |
Facility/Service |
Description |
Cost (per month in USD) |
|---|---|---|
|
Campus Facilities |
|
|
|
- Classrooms |
Modern classrooms equipped with the latest technology for interactive learning |
Included in tuition fees |
|
- Library |
Comprehensive library with access to a wide range of academic resources and study spaces |
Included in tuition fees |
|
- Computer Labs |
Fully equipped computer labs with the latest software and internet access |
Included in tuition fees |
|
- Study Areas |
Dedicated quiet study areas for individual or group study |
Included in tuition fees |
|
- Cafeteria |
On-campus cafeteria offering a variety of meals and snacks |
Pay per use |
|
- Student Lounge |
Comfortable lounge area for students to relax and socialize |
Included in tuition fees |
|
Accommodation Options |
|
|
|
- On-Campus Housing |
Limited on-campus accommodation with furnished rooms, shared kitchen, and common areas |
$400 - $600 |
|
- Off-Campus Housing Assistance |
Support in finding off-campus apartments or shared flats |
Varies (approx. $500 - $800) |
|
- Homestay Programs |
Living with local families, including meals |
$700 - $900 |
|
Additional Services |
|
|
|
- Housing Assistance |
Assistance with finding suitable accommodation, both on-campus and off-campus |
Included in tuition fees |
|
- Internet Access |
High-speed internet access available throughout the campus and accommodation facilities |
Included in accommodation cost |
|
- Security |
24/7 campus security to ensure student safety |
Included in accommodation cost |
|
- Utilities |
Includes water, electricity, and heating for on-campus accommodation |
Included in accommodation cost |
|
- Laundry Facilities |
On-campus laundry facilities available for student use |
Pay per use |
Small Class Sizes: This ensures personalized attention and close interaction with professors.
Interactive Learning: Modern classrooms and facilities promote interactive and engaging learning experiences.
Practical Training: Integration of internships and real-world projects into the curriculum.
Library: Access to a wide range of academic resources and quiet study spaces.
Computer Labs: Equipped with the latest technology and software.
Study Areas: Dedicated areas for individual and group study.
Cafeteria: Offers a variety of meals and snacks.
Student Lounge: A place to relax and socialize with fellow students.
On-Campus Housing: Limited availability with furnished rooms and shared facilities.
Off-Campus Housing Assistance: Support in finding apartments or shared flats.
Homestay Programs: Options to live with local families.
Student Organizations: Various clubs and societies that cater to a range of interests, including business, culture, sports, and more.
Events and Workshops: Regularly organized events, guest lectures, and workshops to enhance learning and networking opportunities.
Sports and Fitness: Access to sports facilities and opportunities to participate in various physical activities.
Multicultural Environment: A diverse student body representing various nationalities and cultures.
Cultural Events: Celebrations and events that promote cultural exchange and understanding.
City of Vienna: Rich in cultural heritage, offering numerous museums, theaters, and historical sites. Students can explore the vibrant city life, including cafes, restaurants, and music venues.
Academic Advising: Personalized support to help students with their academic planning and progress.
Career Services: Assistance with internships, job placements, resume building, and interview preparation.
Counseling Services: Support for mental health and well-being.
Language Support: Optional language courses to improve German or other language skills.
Industry Connections: Strong ties with businesses and industries provide opportunities for networking and career advancement.
Alumni Network: Access to a global network of LBS alumni, offering mentorship and professional connections.
Public Transportation: Efficient and reliable public transportation system makes commuting easy.
Safety: Vienna is known for its safety and high quality of life.
Cost of Living: Students should budget for accommodation, food, transportation, and personal expenses.
Accommodation: $400 - $900 per month, depending on the type of housing.
Food: $300 - $500 per month.
Transportation: $50 - $100 per month for public transport passes.
Personal Expenses: based on lifestyle.
Career Counseling: Personalized career counseling to help students identify their career goals and develop a plan to achieve them.
Resume and Cover Letter Assistance: Guidance on creating professional resumes and cover letters tailored to specific industries and roles.
Interview Preparation: Workshops and mock interviews to help students prepare for job interviews.
Job Search Strategies: Training on effective job search techniques, including networking, online job portals, and social media.
Mandatory Internships: Internships are an integral part of the curriculum, providing practical experience and industry exposure.
Industry Connections: Strong ties with local and international businesses help secure valuable internship opportunities.
Internship Support: Assistance in finding suitable internships that align with students' career aspirations.
Company Visits: Organized visits to companies to give students insights into different industries and business practices.
Guest Lectures and Workshops: Regular sessions with industry experts, alumni, and professionals to share knowledge and experiences.
Career Fairs: Events where students can meet potential employers, learn about job opportunities, and network with industry professionals.
High Employability: LBS graduates are well-regarded in the job market, with many securing positions in top companies globally.
Diverse Sectors: Graduates find opportunities in various sectors, including finance, consulting, marketing, management, and technology.
International Opportunities: The global focus of the programs prepares students for international careers, with many securing jobs abroad.
Strong Alumni Community: A global network of LBS alumni provides mentorship, networking opportunities, and career support.
Alumni Events: Regular events and reunions for alumni to stay connected and share experiences.
Entrepreneurship Programs: Support for students interested in starting their own businesses, including mentorship, workshops, and access to resources.
Startup Incubation: Collaboration with local incubators and accelerators to help student startups grow and succeed.
Multinational Corporations: Companies like Deloitte, PwC, KPMG, and Ernst & Young.
Financial Institutions: Banks, investment firms, and financial services companies.
Consulting Firms: Both global and boutique consulting firms.
Tech Companies: Various roles in technology companies and startups.
Local Businesses: Opportunities with Austrian companies and SMEs.
High Placement Rate: A significant percentage of LBS graduates secure employment within a few months of graduation.
Career Growth: Alumni often advance quickly in their careers, taking on leadership roles within a few years.
1. Program Demand: Some programs may have higher demand and thus be more competitive.
2. Applicant Qualifications: The quality and qualifications of the applicant pool can affect acceptance rates.
3. Institutional Capacity: The number of available spots in a given program also plays a role.
Address: Hofzeile 18-20, 1190 Vienna, Austria
