The Applied Economics programme provides the students with the necessary knowledge to carry out economic analyses in questions of interest for policy and business. The programme therefore imparts advanced knowledge in the core subject areas (econometrics, macroeconomics, microeconomics). Moreover, it offers the students the possibility to shape their own profile by concentrating in particular specialisation areas: banking and financial markets, behavioural economics, competition and regulation, macroeconomic policy, and policy evaluation.
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Review the official Universität Wien programme page and confirm academic, language, and subject requirements for Applied Economics.
Gather transcripts, degree certificates, passport, CV, motivation materials, and English-language proof required by the university.
Apply through the university or listed admissions route and upload all required documents before the official deadline.
📅 Deadline: non-EU: 3 August 2026
Verify tuition, student union fees, recognition requirements, and any entrance or supplementary examinations.
After admission, prepare Austrian residence permit documents, proof of funds, housing plans, and scholarship applications.
No scholarships in our catalog match this program yet. Here's how funding works for this type of program.
Austrian public universities charge a semester fee (€363.36/semester). The OeAD (Austrian Agency for Education and Internationalisation) manages most scholarship programs.
The Austrian Agency for Education and Internationalisation (OeAD) offers several scholarship programs for international Master's students.
OeAD ScholarshipsThe Ernst Mach Grant supports international students for short research stays and full degree programs in Austria. Check eligibility for your country.
Ernst Mach GrantUniversität Wien may offer its own merit scholarships. Check their scholarship and financial aid pages directly.
What you can earn and how long you can stay after graduation.
What happens after you graduate
Work while studying
20 hrs/week
Up to 20 hours/week. Requires registration with the Public Employment Service (AMS).
Student pay rate
€13.00/hour
Minimum wage varies by sector under collective agreements. Most student jobs pay €12–€15/hour.
Stay after graduation
12 months
Red-White-Red Card (Job Seeker) — One-year permit to find skilled employment after graduation. Must have Austrian degree.
Path to residency
5 years
Settlement permit after 5 years. Red-White-Red Card holders can apply for permanent settlement after 2 years of employment.
Average graduate salary
€40,000/year
Average starting salary. Vienna-based tech and finance roles typically €45,000–€60,000.
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