FHWien der WKW

Financial Management & Controlling

  • MA
  • Extra occupational
  • German
  • 4 semesters
  • Vienna
  • 34 places
Application period
from 09.01.2024 to 25.03.2024

Financial management and business controlling are core areas of managing a company. A Chief Financial Officer (CFO) ensures the success of their company with new innovative concepts. A Master’s degree in Financial Management links these concepts with the innovative management concept of “financial leadership”. Students are trained to become managers in the financial sector in just four semesters.



  • Economic control of all company activities (Controlling)
  • Shaping a company’s financial and risk positions
  • Strategic management
  • Leadership and communication competence

Focus & Qualifications

Financial leadership describes the sum of the requirements that a leader in finance has to fulfill these days. Part of the challenge is bringing together differences: expert and personal know-how, internal and external accounting, leadership and controlling.

Excellent expert knowledge is a matter of course these days – going further means understanding complex and new content quickly and making the right decision in a critical situation. We have divided these requirements into four large teaching modules. These modules place the emphasis of the Master’s degree program in Financial Management & Controlling on:

  • Securing of proper corporate governance (regulatory systems)
  • Shaping a company’s financial and risk positions (risk and financial management)
  • Yield enhancement of all business activities (decision and control systems)
  • Managing staff (management techniques & personal development)

Entry requirements

Completed relevant Bachelor’s degree program or completed degree with equal academic value at a recognized domestic or international post-secondary educational institution.


Application mode:

Application time:
January910 – March 25, 2024

Appointment for the admissions process:
April, May, June

Admission procedure:
Online application, computer-based admissions test, degree-program specific admissions procedure

Start of studies:

Study information days:
Dates on the website: https://www.fh-wien.ac.at/en/?cat=46&post_type=event#start

Tuition fee:
Euro 363.36 per semester (excl. Austrian students’ union fee)

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