Master of International Banking & Finance

University of Applied Sciences of the BFI Vienna
International Banking & Finance
Masters
Business & Management
Public University
Austria

The Master of International Banking & Finance at the University of Applied Sciences of the BFI Vienna is a 1.5-year, 90-credit full-time master’s programme taught in English in Vienna, with March and September intakes. It sits within Business & Management and covers corporate finance, banking, accounting, risk and financial markets. Students combine core courses with specialised electives, and the programme builds toward a master’s thesis or research project. The University of Applied Sciences of the BFI Vienna is a business-oriented university of applied sciences in Vienna. The programme is aimed at students who want a rigorous grounding in this field in an international classroom. Listed tuition is about €726 per year.

Course Details

Category	Details
Time	Full Time
Campus	Vienna
Duration	1.5
Deadline-Date	tbc,30-April,
Fee Per Year	726
Application Fee	Most public universities in Austria do not charge a general direct application fee, though some specific programs or entrance examinations cost around €50
Currency	euro
Intake Link	https://cis.fh-vie.ac.at/addons/bewerbung/cis/registration.php?sprache=English&method=&stg_kz=&orgform_kurzbz=
Deadline Link	https://cis.fh-vie.ac.at/addons/bewerbung/cis/registration.php?sprache=English&method=&stg_kz=&orgform_kurzbz=
Intakes	March
Program language requirement	For this degree programmes you require English CEFR-competence level C1

Who can Choose this program?

You need a Bachelor’s degree in Finance, Economics (with finance focus), Business Administration (with strong finance/quantitative focus), Banking, Financial Mathematics, Statistics (with finance focus), Econometrics (with finance focus), or a closely related quantitative field.

Additional Information

Category	Details
Scope of the program	Graduates of the Master of International Banking & Finance can find work in banks, insurers, corporates and consultancies. Typical roles include financial analyst, accountant, risk manager. Graduates can pursue doctoral research or enter the job market directly. International graduates can explore both the Austrian and wider European job markets. The degree builds analytical thinking, subject expertise and the ability to work in international, interdisciplinary teams.
Program entry requirement	Secondary school leaving-certificate (High school Diploma) and Completion of a social studies/business/natural science/ law/ technical bachelor degree bachelor degree with documented qualifications in Business Administration (4 ECTS) Accounting and Controlling (4 ECTS) Economics (4 ECTS) Mathematics and Statistics (4 ECTS)
Required GPA	Bachelor’s: CGPA of 2.5 or equivalent (may vary by program).
GRE Required	No
GMAT Required	No
Application Process	Admission Checklist Completed university application form All academic transcripts (officially translated into English or German) Passport/Travel document ID Photo LOM / SOP Proof of English/German language proficiency Proof of financial support Any other required documents depending on the University Documents Legalization is must before applying in most of the universities IBCC, HEC, MOFA Attestation is also required before applying in universities. Bank Statement 10K to 12K Euros Process time 6 to 8 months
Available Scholarships	https://studyabroadupdates.com/austrian-government-scholarships/
Program accreditation	Degree programme accredited by AQ Austria (Agency for Quality Assurance and Accreditation Austria), as required for all Austrian university-of-applied-sciences (FH) programmes
Living expenses	Living Expenses in Austria Monthly Budget: Generally estimated at €900 to €1,200 per month in mid-sized cities (like Graz or Linz), while living in Vienna usually demands €1,100 to €1,400 per month to live comfortably. Accommodation: Student dormitories are the most cost-effective option, averaging €250 to €450 per month including utilities. Private apartments or shared flats (WG) range higher. Visa Proof of Funds: To clear the student residence permit requirements, you must demonstrate access to a baseline liquidity of approximately €12,000 for one academic year (~€1,000 per month) parked in an accessible or blocked bank account.
Visa Process Details	Visa Checklist Passport (valid for a minimum of three months after the intended stay) Completed visa application forms (signed) Two recent passport-sized photos Notification/confirmation of admission from an Austrian higher education institution Proof of health insurance coverage in Austria (30K) Proof of sufficient financial resources (€14,604 for students over 24 years old & €8,064 for under 24.) The funds have to be in a savings or bank account for at least 6 months that must bear the applicant’s/guardian’s name and be accessible from Austria. Birth certificate or equivalent document (legalized and translated) Proof of accommodation in Austria (dorm reservation, rental agreement) Academic transcripts (translated if necessary) Proof of language proficiency Police clearance certificate from the country of residence – no older than 3 months at the time of application (legalized and translated) Copy of flight ticket booking Application fees for Residence Permit (€120) & Visa-D (€150)
Part timework	Part-Time Work in Austria Hours: Non-EU international students are legally allowed to work up to 20 hours per week during the semester. During official university holidays, students can scale up to full-time (40 hours per week). Average Pay: There is no single statutory minimum wage, but wages are regulated by sector-specific collective agreements. Typical student roles pay between €10 and €15 per hour. Essentials: Your employer must actively apply for a work permit from the Public Employment Service (AMS) before you start working. Marginal Earnings Sweet Spot: Working roughly 8 to 10 hours a week to stay below the national marginal earnings threshold (~€518/month) exempts you from standard employee social security contributions.
Post-study work opportunity	Post-Study Work Opportunities 12-Month Stay-Back Window: Upon graduating with a Bachelor's, Master's, or PhD from an accredited Austrian university, you can extend your student residence permit for up to 12 months to look for a job or start a business. The Red-White-Red (RWR) Card: Once you secure a job contract matching your degree level that meets local starting salary standards, you can transition to a Red-White-Red Card for Graduates without undergoing a local labor market shortage check. Upgrading your Status: After working legally under an initial RWR card for a specified period, you can upgrade to a Red-White-Red Card Plus, which grants completely unrestricted access to the entire Austrian job market.

What are the admission requirements for the Master of International Banking & Finance program?

To apply for the Master of International Banking & Finance program, you need a Bachelor's degree in Finance, Economics (with a finance focus), Business Administration (with a strong finance or quantitative focus), Banking, Financial Mathematics, Statistics (with a finance focus), Econometrics (with a finance focus), or a closely related quantitative field. You must also have completed secondary school leaving certificate and demonstrate proficiency in English at CEFR-competence level C1.

How long does it take to complete the Master of International Banking & Finance program?

The Master of International Banking & Finance program has a duration of 1.5 years, with a total of 90 credits required for completion.

What are the tuition fees for the Master of International Banking & Finance program?

The tuition fee for the Master of International Banking & Finance program is approximately €726 per year, which is relatively low compared to many universities in other countries.

Can international students work while studying in Austria?

Yes, non-EU international students are legally allowed to work up to 20 hours per week during the semester and can work full-time during official university holidays. Typical student roles pay between €10 and €15 per hour.

What post-study work opportunities are available for graduates of the program?

Upon graduating with a Master's degree from an accredited Austrian university, you can extend your student residence permit for up to 12 months to seek employment or start a business. Additionally, you may transition to a Red-White-Red Card for Graduates once you secure a job contract that meets local salary standards.