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International Business School

Austria

About International Business School

From a school that was founded in 1991 as the first private higher education college in Central Europe, International Business School has grown into a truly modern and dynamic business school. We are proud to work in cooperation with a prestigious British university, The University of Buckingham which is rated top for graduate employability and has been leading the British National Student Survey in student satisfaction.

It is an attractive place to learn and teach because of our collaborative culture – a blend of academic rigour, cooperative teamwork, entrepreneurship, diversity and continuous innovation. The academic experience we offer is providing our students from over 100 countries of the world not only with an undergraduate or postgraduate degree but skills and networking opportunities that bring lifelong competitive advantages.

Vision and mission

Our vision is to be a regionally acknowledged, multiply accredited, multi-country provider of higher education services for a highly international and mobile student body, interested in the frontier areas of business and management.

Our mission is to provide economically and culturally relevant, English-language business and management-related education to people who can benefit from it. We are demand-led and customer-focused. We enhance learning, build confidence and create an opportunity for all who choose to invest in studying at our school.

We value:

  • creativity and innovation in the pursuit of excellence,
  • the potential of every person,
  • the expertise and commitment of our staff,
  • partnership and form strong and enduring collaborations where we can achieve more by working with other than alone,
  • quality and we continually enhance our quality assurance processes.

History

IBS opened its gates in 1991 welcoming students who wished to study business in English. The founders of the school had long term plans and thus they moved the college (practically run in some rented rooms of an office block) from Kelenföldi railway station to the second district, one of the most beautiful districts of Buda. In 2014, IBS moved to the north of Budapest and is now offering a real campus experience with 3 brand new buildings in a business environment. The completely renovated, reshaped and well-equipped buildings in Graphisoft Park – with the Residence Hall in its close vicinity – is a perfect place for studies as well as recreation with its riverside setting and garden.

Following a successful institutional accreditation in 1997, IBS became a recognized private college in Hungary, with the right to issue Hungarian college degrees (called Bachelor's degrees today) besides the English degrees.

Owing to the continuous and systematic development process, by now IBS runs eight Bachelor's and four Master's programmes in addition to the single programme (BA in Business Studies) available in 1991.

The first degrees were awarded in 1995; the number of IBS graduates by 2012 is over 3300.

Our graduates can be found in almost every country in the world, which provides enormous networking possibilities. To maintain this ‘human’ capital IBS treats its Alumni community as a top priority and organizes monthly Alumni Evenings. We are proud that every third graduate is an Alumni member, which is a very high rate considering that almost 50% of the students come from abroad.

Why British degree?

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  • British universities are widely recognized for their research and teaching excellence.
  • An independent body, the Quality Assurance Agency is responsible for maintaining the high standards of British university education. A British degree guarantees you a good quality education.
  • 1,000 years of extraordinary academic innovation - currently the UK ranks third in the world for innovation.
  • Three of the ten top universities in the world are in the UK, including the university ranked first in the world.
  • British degrees are important to employers because they have a strong emphasis on gaining practical experience in the relevant field and they equip you with all the skills and knowledge necessary for a successful international business career.
  • The student-centred approach to learning in British education means that you will develop the independence, self-discipline and analytical skills sought after by employers.
  • English is the language of global business so studying a British degree enables you to improve your English language skills.
  • Class sizes are generally small enough to ensure that students have access to equipment and enough time to talk to their lecturers.
  • We give considerable importance to increasing students' employability skills. IBS has set up its UpSkill programme, which enhances and develops the skills which are most demandable in the job arena and lets our graduates have an advantage over others in job applications.
  • British programmes are shorter, saving you time and money. Our Bachelor’s programmes are 3-year full-time courses and our Master's programmes take 1 year.
  • 38 per cent of Nobel prize winners who studied abroad did so for a British degree.

About Austria

About Austria

Austria, formally the Republic of Austria, is a landlocked country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous city and state. Austria, , is a landlocked country in East Central Europe which borders the Czech Republic, Germany, Hungary, Italy, Liechtenstein, Slovakia, Slovenia, and Switzerland. The country covers an area of 83,871 km², making Austria somewhat smaller than Portugal (92,090 km²), or slightly smaller than the U.S. state of Maine.

The country is mostly dominated in the west and south by mountains (the Alps). Austria's highest point is Grossglockner mountain, with a height of 3,798 m (12,460 ft.).

The major rivers north of the watershed of the Austrian Alps are the Inn, the Salzach, and the Enns, they are tributaries of the Danube. The rivers south of the watershed are the Gail and Drau rivers in Carinthia and the Mürz and Mur rivers.

Austria has a population of nearly 8.7 million people (in 2016), capital and largest city is Vienna, with a population of 1.8 million people. Spoken language is Austrian German (official), spoken regional languages are Croatian, Hungarian, and Slovene.

Political system

Austria is a federal parliamentary republic with a head of government - the chancellor - and a head of state - the president. The country consists of 9 states (Bundesländer).  Both regional and federal governments exercise executive power. The federal Parliament consists of 2 chambers: the Lower House (Nationalrat) - directly elected - and the Upper House (Bundesrat) - elected by regional parliaments.

Trade and economy

The most important sectors of Austria’s economy in 2020 industry (21.4%), Wholesale and retail trade, transport, accommodation and food service activities (20.4%) and public administration, defence, education, human health and social work activities (18.6%).

Intra-EU trade accounts for 69% of Austria’s exports (Germany 30%, Italy 6%, and France 4%), while outside the EU 6% go to the United States and 5% to Switzerland.

In terms of imports, 77% come from EU Member States (Germany 41%, Italy 6% and Czechia and the Netherlands 4%), while outside the EU 5% come from Switzerland and 4% from China.

Austria in the EU

European Parliament

There are 18 members of the European Parliament from Austria. Find out who these MEPs are.

European Parliament office in AustriaDE•••

Council of the EU

In the Council of the EU, national ministers meet regularly to adopt EU laws and coordinate policies. Council meetings are regularly attended by representatives from the Austrian government, depending on the policy area being addressed.

Presidency of the Council of the EU

The Council of the EU doesn't have a permanent, single-person president (like e.g. the Commission or Parliament). Instead, its work is led by the country holding the Council presidency, which rotates every 6 months.

During these 6 months, ministers from that country's government chair and help determine the agenda of Council meetings in each policy area, and facilitate dialogue with the other EU institutions.

Dates of Austrian presidencies:

Jul-Dec 1998 | Jan-Jun 2006 | July-Dec 2018

Presidency of the Council of the EU

Current presidency of the Council of the EU

European Commission

The Commissioner nominated by Austria to the European Commission is Johannes Hahn, who is responsible for Budget and Administration.

The Commission is represented in each EU country by a local office, called a "representation".

Commission representation in AustriaDE•••

European Economic & Social Committee

Austria has 12 representatives on the European Economic and Social Committee. This advisory body – representing employers, workers and other interest groups – is consulted on proposed laws, to get a better idea of the possible changes to work and social situations in member countries.

European Committee of the Regions

Austria has 12 representatives on the European Committee of the Regions, the EU's assembly of regional and local representatives. This advisory body is consulted on proposed laws, to ensure these laws take account of the perspective from each region of the EU.

Permanent representation to the EU

Austria also communicates with the EU institutions through its permanent representation in Brussels. As Austria's "embassy to the EU", its main task is to ensure that the country's interests and policies are pursued as effectively as possible in the EU.

Budgets and Funding

How much does Austria pay and receive?

How much each EU country pays into the EU budget is calculated fairly, according to means. The larger your country's economy, the more it pays – and vice versa.
The EU budget doesn't aim to redistribute wealth, but rather focuses on the needs of Europeans as a whole.

Figures on the EU budget, revenue and spending:

  • EU budget
  • EU spending & revenue by year and by country
EU-funded projects in Austria

The money paid into the EU budget by Austria helps fund programmes and projects in all EU countries - like building roads, subsidising researchers and protecting the environment.

Find out more about how Austria benefits from EU funding.

Study Abroad in Austria

Austria has some of the best universities in the world ranking high in the global university rankings like the University of Vienna (the oldest and most famous university of the country), 


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