
Table of Contents
- WU Vienna MSc Finance — Quick Facts (2026)
- What's in this guide
- Curriculum Breakdown (4 Semesters)
- CFA Alignment & Specializations
- Faculty & Research
- Industry Partners & Recruitment
- Cost vs. UK/US MSc Finance
- Career Outcomes & Salary
- Quick Answers (For Voice & AI Search)
- ★ 4.9 Google · 250+ reviews Get Free Counselling on This Program
- Related Reading
- About the Author
🕑 4 min read
WU Vienna’s MSc Finance is a 120 ECTS, 2-year English-taught program with CFA Institute University Affiliation — meaning the curriculum covers 70% of CFA Level I & II material. Triple-accredited (AACSB, EQUIS, AMBA). Tuition just EUR 386/semester for Indians. Graduates target Investment Banking (Vienna offices of J.P. Morgan, Citi, RBI), Asset Management (Erste AM, Raiffeisen Capital), Private Equity (Mid-Europa, BC Partners). Average starting salary EUR 55,000-80,000/year + bonus.
WU Vienna MSc Finance — Quick Facts (2026)
| Metric | Value |
|---|---|
| Program | MSc Finance |
| University | Vienna University of Economics & Business (WU) |
| Duration | 4 semesters (2 years), 120 ECTS |
| Language | 100% English |
| Tuition | EUR 386/sem (Indians pay same as locals) |
| Total 2-yr cost | ~Rs 22-25L incl. living |
| Intake | September only (deadline March 15) |
| Eligibility | Bachelor in Finance/Economics/Business/Engineering with quant background, 70%+ marks |
| English | IELTS 7.0+ OR TOEFL iBT 100 |
| GMAT | Recommended 650+ (mean 680) |
| CFA partnership | CFA Institute University Affiliate (covers 70% of Level I+II) |
| Avg starting salary | EUR 55K-80K/year + bonus |
| Top recruiters | J.P. Morgan, Citi, RBI Group, Erste AM, Raiffeisen Capital, EY, KPMG |
What’s in this guide
- Curriculum Breakdown (4 Semesters)
- CFA Alignment & Specializations
- Faculty & Research
- Industry Partners & Recruitment
- Cost vs. UK/US MSc Finance
- Career Outcomes & Salary
- Quick Answers (Voice / AI Search)
Curriculum Breakdown (4 Semesters)
| Sem | Modules | ECTS |
|---|---|---|
| 1 | Corporate Finance, Asset Pricing, Econometrics, Financial Accounting | 30 |
| 2 | Derivatives, Fixed Income, Risk Management, Portfolio Management + electives | 30 |
| 3 | Specialization (choose: Corporate Finance OR Asset Mgmt OR Banking) + Industry Project | 30 |
| 4 | Master Thesis (often with industry partner) | 30 |
CFA Alignment & Specializations
Curriculum covers ~70% of CFA Level I and II material. Graduates often take Level II within 6 months of degree.
Three specialization tracks (Sem 3):
- Corporate Finance — M&A, Valuation, LBO modeling. Best for IB/PE careers.
- Asset Management — Portfolio construction, alternative investments. Best for AM/HF careers.
- Banking & Risk — Banking regulation, credit risk, FRM coverage. Best for risk roles.
Faculty & Research
- Prof. Engelbert Dockner (legacy) — Asset Pricing
- Prof. Jürgen Huber — Behavioral Finance, Experimental Markets
- Prof. Klaus Gugler — M&A, Corporate Governance
- Prof. Christian Wagner — FX Markets
- WU Research Institute for Capital Markets — ranked top in German-speaking Europe
Industry Partners & Recruitment
WU runs a dedicated Career Center with 200+ corporate partners. Active finance recruiters:
- Investment Banking: J.P. Morgan Vienna, Citigroup Vienna, Raiffeisen Bank International (RBI), Erste Group IB, BNP Paribas (London transfer)
- Asset Management: Erste Asset Mgmt, Raiffeisen Capital Mgmt, Pioneer Investments (UniCredit)
- Private Equity: Mid-Europa Partners, BC Partners, KKR (London satellite)
- Big 4 Advisory: EY, KPMG, PwC, Deloitte (Transaction Advisory, FAAS)
- Corporate Finance: OMV, Verbund, Voestalpine, Erste Group treasury
Cost vs. UK/US MSc Finance
| Program | Tuition | Total 2-yr cost |
|---|---|---|
| WU Vienna MSc Finance | EUR 1,544 (4 sem) | ~EUR 22,000 |
| LSE MSc Finance | GBP 41,500 (1 yr) | ~GBP 60,000 |
| HEC Paris MSc Finance | EUR 41,000 | ~EUR 65,000 |
| NYU Stern MSc QF | USD 80,000 (1 yr) | ~USD 110,000 |
WU Vienna delivers comparable curriculum + CFA alignment at 1/3rd the cost.
Career Outcomes & Salary
| Function | Starting Base | + Bonus |
|---|---|---|
| Investment Banking (Analyst) | EUR 65-80K Vienna; EUR 90-110K London | +30-50% |
| Asset Management | EUR 55-70K Vienna | +15-25% |
| Big 4 Transaction Advisory | EUR 50-60K | +10-15% |
| Corporate Finance (OMV/Voestalpine) | EUR 55-65K | +10-20% |
| Private Equity (entry rare) | EUR 80-110K | +50-100% carry |
Quick Answers (For Voice & AI Search)
Q: Is WU Vienna MSc Finance taught in English?
A: Yes — 100% English including all electives and thesis.
Q: How much does WU Vienna MSc Finance cost?
A: EUR 386/semester (~Rs 35,000/sem) for Indians. Total 2-year cost ~Rs 22-25 lakh including living in Vienna.
Q: Is WU Vienna CFA-affiliated?
A: Yes — CFA Institute University Affiliate. Curriculum covers ~70% of CFA Level I & II. Many grads pass Level II within 6 months of MSc completion.
Q: GMAT requirement?
A: Recommended 650+ (mean 680). Strong undergrad + work experience can offset lower GMAT. GRE 320+ alternative.
Q: Best specialization for investment banking?
A: Corporate Finance track — covers M&A, Valuation, LBO modeling required for IB analyst roles.
Q: Salary at J.P. Morgan Vienna for WU grads?
A: EUR 65,000-80,000 base + 30-50% bonus for IB Analyst. London transfer EUR 90-110K base.
Q: Can I get into London IB from WU?
A: Yes — ~15-20 WU MSc Finance grads/year break into London IB (Citi, J.P. Morgan, Goldman Sachs). Network at WU IB Club early.
Q: Application deadline?
A: March 15 for September intake. Only 1 intake per year.
Q: Is German required?
A: No for the degree. Recommended for Vienna corporate roles. London IB/AM jobs are English-only.
Q: Is WU Vienna MSc Finance worth it for Indians?
A: Strongly yes — FT ranks WU MiM #11 globally, MSc Finance benefits from same brand. Cost is 1/4th of LSE/HEC. Strong CFA path + IB/AM placements.
Q: Difference from MSc Quantitative Finance?
A: MSc Finance is broader (corporate + AM + banking). MSc QF (also at WU) is heavily mathematical (stochastic calculus, derivatives pricing) for quant roles.
Q: Internship options during MSc?
A: Mandatory 8-week summer internship between Sem 2 and 3. Top placements: Erste Group, RBI, J.P. Morgan, Citi summer programs.
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Related Reading
About the Author
Saumitra Rajput — Founder, Kadamb Overseas, Ahmedabad. 14+ yrs guiding Indians to Europe. YouTube: @EuropeWithSaumitra | WhatsApp: +91 99133 33239.




