27. Jul 2023
© IMC Krems

Great success in Positive Impact Rating

IMC Krems is the only university in Austria to be listed in the Positive Impact Ranking, a world-wide rating of business schools conducted by students, earning the sensational level 4.

IMC Krems participated in the Positive Impact Ranking (PIR) for the second time and achieved level 4 out of 5, putting it in a category with renowned top European universities such as Aalto University School of Business in Finland or Imperial College Business School in the UK. It even surpassed other well-known institutions. IMC Krems is the only university in Austria to be ranked.

Positive impact on the world

The Positive Impact Rating, which is administered by a Swiss association and supported by WWF, Oxfam International, UN Global Compact Switzerland and others, is a rating conducted by students and for students. For the fourth time, students around the world assessed their business schools on how they perceive their positive impact on the world. The rating survey asks students 20 questions in 7 impact dimensions: governance and culture of the school, study programmes, learning methods, and student support, the institution as a role model and its public engagement. Based on the resulting PIR score colleges are than positioned on 5 levels.

The PIR can and should be used to measure and develop the societal impact of business schools (colleges and universities offering business courses). The PIR data provide a solid foundation for university leaders and student organisations to define actions and strategies to increase the positive impact of their schools.

Voices on the rating

IMC Krems is delighted with the top result in the Positive Impact Ranking. "We see from the PIR that our impact measures are bearing fruit. The PIR shows that our students value highly and appreciate our vision and initiatives. We have again improved our score compared to 2021 and aim for level 5 in the next rating", says Professor Martin Weilguny, Academic Director of IMC Krems. And IMC Krems CEO Ulrike Prommer emphasises: "Societal impact and goals have become the new focus not only for companies, but also for us as a university with business degree programmes. In order to achieve those goals we must establish strategies and programmes and we need to measure our progress and ensure that it remains flexible and adaptable in order to continuously improve its impact."