International Economic and Business Studies

Overview

Characteristics of the diploma studies

There are many good reasons to choose the diploma program International Economic and Business Studies (IWW)! 

Diploma program

The IWW program is a 4-year diploma program with a total of 240 ECTS credits.

Academic degree

Magistra/Magister (Mag.rer.soc.oec)

Requirements

A-levels or equivalent

Thesis

Diploma thesis (international focus and foreign language possible)

Foreign languages

The IWW study program includes two foreign languages, English being compulsory and French, Italian, Spanish and Russian being chosen as the second foreign language.

Study abroad

The IWW study program comprises a compulsory year of study abroad at a renowned international partner university in a non-German-speaking country. The IWW test is mandatory for the allocation of places abroad.

International focus

International Business and Economics Education (International Management, International Economic Relations, International Law)

Enrollment

Curriuculum

Structure of the IWW Studies

The four-year Diploma Programme in International Economics (IWW) at the Faculty of Business and Management is offered in cooperation with the Faculty of Economics and Statistics.

Das Diplomstudium IWW gliedert sich in zwei Studienabschnitte mit je vier Semestern, wobei im Rahmen des zweiten Studienabschnitts ein Jahr an einer ausländischen Partneruniversität verbracht wird.

The program is divided into two study sections, each with four semesters, with one year spent at a foreign partner university within the framework of the second study section.

International education is the focus of the second part of the course with the compulsory modules International Economic Relations, International Management and International Law. Individual specialisations in business administration and economics, which are often completed abroad, round off the course.

  IWW at a glance ↓ 

  Attention! This graphic still refers to the old curriculum (until summer semester 2018). From the winter semester 2019 a new curriculum is valid.

IWW 1

iww-2a

  Detailed module descriptions of the IWW study programme for the respective semester can be found in the LFU Online, the digital course catalogue of the University of Innsbruck: Modulbeschreibungen   

Initial study and orientation phase (STEOP)

The introductory and orientation phase (STEOP) lasts one semester and gives first-year students an overview of the main contents of the IWW programme and the further course of study. In the course of the introductory and orientation phase, the course examinations of the two compulsory modules Introduction to Business Administration and Introduction to Economics, which may be repeated twice, are taken. After the positive success of these examinations, all further modules beyond the introductory and orientation phase can be completed. 

Year abroad

At the beginning of the second stage, students spend an obligatory year abroad at a non-German-speaking partner university. The examinations are also taken in the respective foreign language.

A stay abroad guarantees not only an exchange of culture and experience but also the best chances on the job market. In addition to deepening specialist knowledge and language skills, studying abroad promotes social and personal skills such as teamwork and adaptability, cultural tolerance, flexibility and independence in decision-making situations.

Students can apply for a study place from a pool of over 50 international, renowned partner universities   or go abroad self-organised.

Occupational fields and career prospects

The four-year diploma program in International Economics is a successful entry into the (international) professional world. The graduates of this study program have excellent competences in the field of economics due to their well-founded international business and economics education. Through an obligatory year of study abroad at a non-German-speaking university, students acquire worldly fluency and foreign language competence as well as special sensitivity in dealing with foreign cultures and management practices. These are the qualifications that are particularly valued by many employers.

Career opportunities lie in public and private companies at home and abroad. National and international research institutions as well as supranational institutions also employ graduates of International Economics. Occupational fields can be found in marketing, controlling, banking and finance, human resources, corporate management and much more.

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