International Business and Economics
The Bachelor Programme in International Business and Economics caters to students that are not only interested in business administration and economics but also in other cultures and foreign languages.
The students study one semester at a renowned international partner university, where they practice and refine their foreign language knowledge and immerse themselves into a foreign culture.
The right degree for me?
- appreciate international economic connections and market mechanisms
- understand how businesses that cross international borders work
- acquire skills to work in an international environment
- foster an appreciation of other cultures
- learn and strengthen foreign language skills
The three-year Bachelor Programme in International Business and Economics (IWW) is offered at the Faculty of Business and Management and the Faculty of Economics and Statistics.
The introductory and orientation phase gives first-year students an overview of the main contents of the International Business and Economics programme and of the further course of study. During the first phase, students are required to take the course examinations of the two compulsory modules VO Business and Management Concepts and VO Fundamentals of Economics. After the introductory and orientation phase modules have been completed, all further modules can be taken (given completion of the respective required qualifying modules).
The study programme focuses on international components of business and economics. It includes the compulsory modules International Economic Relations, International Management and International Law. Individual specializations in business administration and economics, some of which can be completed abroad, round off the programme.
Prospects for the future
"Versatility" is probably one of the most important benefits our graduates gain from our programme. Many of our former students have leading positions in companies, in public administration or in non-profit organizations. In addition, the programme provides an excellent basis for a master's degree in an international context.
5+1 Economics Plus!
We offer the option of supplementing our Bachelor's Programme in Management and Economics with other subjects. According to the 5 + 1 principle, you can supplement five semesters of Management and Economics content with one semester from another subject area. You simply replace the Management/Economic elective modules (30 ECTS) with a predefined module catalogue from another discipline, for example Digital Science.
The minor Digital Science, which was launched in the 2019/20 academic year, provides students with the opportunity to acquire valuable skills for a digitalised society. Here, you will learn the basics of data analysis and management using information technologies. You will also gain insights into the world of programming and develop an understanding of how new technologies are transforming both the economy and society. This vast toolbox of skills will enable you to stand out from the crowd and be well-equipped for the job market of the future.
Learn more on the website of the Digital Science Center (DiSC): Minor Digital Science
Other Minors to choose from
- Society and Politics
- Methods of Empirical Social Research
- Media and Communication Science
These minors complement the business and economics content with exciting insights from other subjects. They will help you to position yourself in an interdisciplinary manner.
Elective module “Practice”
In order to test and apply the knowledge and skills you have acquired or to gain insight into the conditions of professional practice and to acquire qualifications relevant to your profession, you can complete an internship worth 14 ECTS credits, e.g., in public administration institutions, companies, in Chambers of Commerce and interest groups, as well as national and international organisations.
Scope and Duration
The study programme is designed for a total of 180 ECTS credits and three years of regular study.
In the following yo find an example of a possible course of the study. The abbreviation 'ECTS' denotes European Credit Transfer System. One ECTS corresponds to 25 hours of study (attendance in the courses, preparation and follow-up as well as examination preparation). As a rule, 30 ECTS credits should be completed each semester.
- Introduction to Business and Economics (10 ECTS)
- Introduction to Global Business (5 ECTS)
- Foreign Business Communication (7.5 ECTS)
- Mathematics (7.5 ECTS)
- Management Accounting (5 ECTS)
- Business Informatics and Digital Transformation (5 ECTS)
- Introduction to Macroeconomics (5 ECTS)
- Foreign Business Communication II (7.5 ECTS)
- Statistics (7.5 ECTS)
- Electives in Management (10 ECTS)
- Financial Accounting (5 ECTS)
- International Management I (7.5 ECTS)
- International Economics: Foreign Trade Theory (7.5 ECTS)
- Electives in Management (5 ECTS)
- Markets and Market Failure (5 ECTS)
- Basics of European and International Business Law (5 ECTS)
- Electives (15 ECTS)
- International Management II (7.5 ECTS)
- International Monetary Economics: Monetary Economics and International Institutions (7.5 ECTS)
- Specialization in International Business Administration (7.5 ECTS)
- Specialization in International Economics (7.5 ECTS)
- Electives (15 ECTS)
- Bachelor Thesis Seminar (15 ECTS)
The programme is held in German and English.
The programme is organised in modules. In the initial phase, most modules consist of a lecture, which all students attend at the same time, and proseminars, which are offered in small groups. In the further course of studies, specialisation in business administration and economics as well as electives are offered in small groups.
Course of studies
- You can start your studies in the winter or summer semester. As a general rule, in the first semester you should complete the introductory and orientation phase (STEOP) with the modules VO Betriebswirtschaftliches Denken und Management and VO Grundlagen der Volkswirtschaft. In addition, you complete courses in “Introduction to Global Business”, "Mathematics", and a foreign language in the earliest semesters.
- Core in Management: The core modules in business administration cover the basics of how companies work and how decisions in companies are taken, as well as special features relating to business that crosses borders, and basic functional perspectives on business administration
- Core in Economics: The core modules in economics cover the main mechanisms of how the economy functions, how international trade and investment work, how resources are allocated and the basics of economic models.
- Specialization in Management and Economics: Students are required to choose one specialization module in business administration and economics, each with an international component.
- Electives: Students can choose from electives that complement their course of studies
- Economics Plus! - Choose a minor. Instead of the elective modules, a minor from another field (e.g. digitisation, sustainability, political science, technology) can be completed.
- 10 ECTS: Einführung in die Wirtschaftswissenschaften [Introduction to Business and Economics]
- 5 ECTS: Einführung in die globale Wirtschaft [Introduction to Global Business]
- 7.5 ECTS: Erste Wirtschaftsfremdsprache [Foreign Business Communication]
- 7.5 ECTS: Mathematik [Mathematics]
- 5 ECTS: Internes Rechnungswesen [Management Accounting]
- 5 ECTS: Wirtschaftsinformatik und digitale Transformation [Business Informatics and Digital Transformation]
- 5 ECTS: Einführung in die Makroökonomik [Introduction to Macroeconomics]
- 7.5 ECTS: Zweite Wirtschaftsfremdsprache [Foreign Business Communication II]
- 7.5 ECTS: Statistische Datenanalyse [Statistics]
- 10 ECTS: zwei Wahlmodule Grundlagen des Managements [Electives in Management]
- 5 ECTS: Externes Rechnungswesen [Financial Accounting]
- 7.5 ECTS: Internationales Management I [International Management I]
- 7.5 ECTS: Internationale Wirtschaftsbeziehungen: reale Außenwirtschaftstheorie [International Trade Theory and Policy (Fundamentals)]
- 5 ECTS: Wahlmodul Grundlagen des Managements [Electives in Management]
- 5 ECTS: Märkte und Marktversagen [Markets and Market Failure]
- 5 ECTS: Grundlagen des europäischen und internationalen Wirtschaftsrechts [Basics of European and International Business Law]
- 15 ECTS: Freie Wahlfächer [Electives]
- 7.5 ECTS: Internationales Management II [International Management II]
- 7.5 ECTS: Internationale Wirtschaftsbeziehungen: monetäre Außenwirtschaftstheorie und internationale Institutionen [International Monetary Economics and International Institutions (Fundamentals)]
- 7.5 ECTS: Spezialisierung Internationale Betriebswirtschaft [Specialization in International Business Administration]
- 7.5 ECTS: Spezialisierung Internationale Volkswirtschaft [Specialization in International Economics]
- 15 ECTS: Freie Wahlfächer [Electives]
- 15 ECTS: Seminar mit Bachelorarbeit [Bachelor Thesis Seminar]
A minimum of one semester must be spent at a foreign university. This can be done with our partner universities, through the ERASMUS programme, through other programmes or by arranging your studies individually. Further information can be found at the International Economic and Business Studies’ webpage of the University of Innsbruck.
Both faculties are located in the "Sowi" building, Universitätsstraße 15, 6020 Innsbruck. This is also where most of the courses take place. Some of the exams in the introductory phase take place in the Olympiaworld.
Introductory Information Event for New Students
The list of courses offered during the semester can be found on LFU:online. For the next winter semester, this information is generally published during the summer months.
Registration for the Modules in the First Semester
Registration for the modules takes place online before the beginning of the semester. An information event for new students will explain how registration works and how it is carried out on site.
First Semester Tutorials for Economics and Statistics and IWW
Information on the ÖH (Student Union) tutorials can be found here.
The prerequisite for admission to the programme is the successful completion of a Matura (A-level) or equivalent qualification.
For prospective students who have not completed a Matura or equivalent qualification, an academic entrance qualification can be obtained by passing the University Entrance Qualification Examination. This ensures that the necessary knowledge for admission to studies in a particular field of study group has been obtained. The university entrance qualification examination can only be taken for studies offered at the University of Innsbruck in the respective field of study.
Registration for studies is online.
Further information regarding admission to a course of study can be found on the homepage of the study department of the University of Innsbruck.
- Accounting, Auditing and Taxation
- Banking and Finance
- Business Education
- Experimental and Empirical Economics
- Gender, Culture and Social Change
- Information Systems
- International Management
- Marketing and Branding
- Organization Studies
- Peace and Conflict Studies
- Sustainable Regional and Destination Development
- Strategic Management and Innovation
Career Service (in German)
- work in public or private companies nationally and internationally
- work in national or international research institutions and supranational institutions
- take positions in marketing departments and/or companies
- use opportunities in controlling
- take positions at banks and in finance
- work in human resources
- work in consulting
- enter business management and explore many other job profiles
Graduate tracking: provides information on the occupational fields students enter after graduation
Frequently Asked Questions
Entrance Examination and Course of Studies
Can I enroll directly or is there an entrance test? ↓
There are no admission tests. Please contact the admissions department directly, online or in person, and enroll considering the deadlines for the winter and summer semester (LINK).
Is there an introductory event? ↓
Yes, an introductory information event will take place at the end of September. Further information will be published on this website in advance.
Do I always have to achieve the 30 ECTS-AP per semester and what happens if I don't manage it? ↓
How quickly you study is up to you. We make sure that you can achieve 30 ECTS-APs. However, we also know that many students work while they are studying and the pace of their studies therefore varies.
Can I schedule my studies flexibly so that I can also work on the side? ↓
Since we offer several parallel courses in small groups in most modules, you have a certain flexibility in terms of time during your studies. In addition, the course times also vary between the winter and summer semesters.
I have studied somewhere else before. Can I use this somehow? ↓
Yes, we look at all the academic achievements of other universities individually and decide whether credit can be given for these achievements. In this case, please contact the programme manager(see below).
Are there scholarships for studying? ↓
The Austrian state offers scholarships. Further information can be found at www.stipendium.at. For the Bachelor's Programme, it is also possible to obtain a performance-based scholarship, which is awarded by the University of Innsbruck. Further information is available on the homepage of the Central Department of Studies of the University of Innsbruck.
Are there tuition fees?↓
Currently, there are no tuition fees for EU citizens in Austria for a university course of study within the standard duration of study. Only a small contribution (approx. 20 Euro per semester) is to be paid to support the Austrian Student Union (ÖH).
Dean of Studies at the Faculty of Economics and Statistics:
Univ.-Prof. Dr. Janette Walde
Dean of Studies at the Faculty of Business and Management:
Univ.-Prof. Dr. Mike Peters