Student Report Vienna University of Economics and Business Fall 2012 I. PRACTICAL INFORMATION Before leaving Norway - When and how did you receive information from the exchange university? - Any difficulties in preparing (application, housing, contact, courses, etc)? Information concerning the acceptance to the university, Vienna University of Economics and Business was sent to us per mail, first from BI Norwegian Business School, International office, then afterwards from the University in Vienna. In the first mail, we received login information to their student web, this was, at this point of time just for a short survey, for statistics concerning the schools students base. Some weeks later we received information from Vienna University of Economics and Business concerning applications for dorms in Vienna, courses at the school, introduction week at school, German courses and buddy network. When you receive a buddy (you have to apply for it) you are able to contact this person for questions on a more personal basis. Housing - Was housing provided by the university, or did you have to find your own housing? - What support did you receive from the school in locating housing? - Any special issues or good ideas for prospective students? On the website of the university you can read about different dorms or private apartment that students are renting out for a semester. The university provides the dorms that are offered. The four of us lived in: dorm, rented apartment by a student and rented privately at the open market. In general we highly recommend applying for a student dorm, this is much more social and a way to easier get to know other exchange students. The most popular dorm that are offered but none of us lived in was Haus Erasmus. This is a dorm where most of the social “get togethers” take place. One of us lived in Kandlgasse. This is the most expensive dorm but also the dorm that has probably the best standard. You will not have to share the dorm with other students and the dorm is also located in a good area. Recommended as well. Searching for a student dorm we recommend reading other student reports and/ or reading the comments on the facebook page concerning the different dorms. Applying for a visa (if applicable) - How did you apply for your visa? - What problems, if any, did you encounter? - How much did the visa cost? As a Norwegian citizen you don’t need a Visa to live in Vienna (since Norway is a member country of the EEA), but you need to inform the government that you are living there. This is done through filling out a “Meldezettel” which you deliver at an office in your district within 72 hours after you arrived. If you are staying more than three months you have to re-register to inform that you are staying longer then three months, this cost some Euros, otherwise if you stay less than three months, its free. Before leaving you will need to de-register, to inform that you are now leaving the country. Might seem as a little bureaucratic system, but this is required for everyone staying in Vienna for a certain period. Travel - How did you travel to your destination? Any problems? The most preferred way of travelling to Vienna is probably by airplane. It takes around three hours, and the airport is located with a close distance to the city centre. It cost around 40 euro by taxi from the airport, and approximately 10 euro with train. The cheapest tickets from Oslo is bought trough Norwegian or Air Berlin. The price difference varies a lot, so it is best to buy the ticket a relatively long time before departure. Costs - Approximately how much per month did you spend on rent, books, food, transportation, and other personal expenses? Rent Books Food Transport Other 200-515 euro None, we got all the material that we used, provided by the teacher. Otherwise we rented books in the library. Approximately half the price of what you would have paid in Norway Student ticket for the collective transport is 75 euro Culture and language - Did you have any language problems with the faculty or other students? - How were the possibilities to experience the country and the culture? There are in general a lot of tourists in Vienna so the people living there are used to speak English, and a lot of them are fluent. In that matter we did not have any difficulties being understood if we didn’t speak that fluent German. The school offers a German course in the beginning of the semester as mentions earlier in the report, and a business German course that last the whole semester for 6 CEP points, at every level. To experience the culture it is recommended to apply for the culture course in the beginning at the semester. All necessary, and more detailed information concerning the opportunities incoming students have for learning the culture and the language will be given by mail. II. ABOUT THE SCHOOL - The school and its surroundings Current faculty divisions and special areas Approx. number of students (graduate and undergraduate) and number of exchange students Study structure WU has over 26 000 students, which makes WU the largest university for economics and business in Europe. Each year approximately 1000 international students study at the WU. The WU faculty is made up of 12 academic Departments and 14 interdisciplinary Research Institutes. Strategic emphasis of the university is placed on research in finance, business law and Central and Eastern Europe. The campus is divided into six buildings with lecturing rooms and small classrooms, in addition to the library and the cantina. WU is located in the northern part of Vienna, the 9th district. The public transportation is in general very good in Vienna, thus WU is easy accessible from everywhere. Although it is situated in the north, it will only take 10-15 minutes to get to the city centre with tram, buss or the metro. The 12 academic departments are departments of: - Business, Employment and Social Security Law - Cross-Border Business - Economics - Finance and Accounting - Foreign Language Business Communication - Information Systems and Operations - Management - Marketing - Public Law and Tax Law - Social Sciences - Statistics and Mathematics - Strategic Management and Innovation - Total students: 26 800 approximately - International students: 6700 approximately - Incoming exchange students: 1 100 approximately Course registration - Were you able to register for courses before arrival? - If not, when did you register? Any difficulties? - If the school has a lottery or bidding system, describe this system and your experience in detail. - When and how long was the period for adding/dropping courses? Course registration: The number of students in Vienna exceeds its capacity. The registration itself takes place before arrival at a certain date and a specific hour. Due to lack of capacity, there is limited enrolment to most of the courses and many of them therefore get full only few minutes after the registration has started. It is therefore important to decide early what courses to choose and be ready to register as soon as the registration opens. In case the preferred courses are full, it is possible to sign up for a waiting list few weeks before the semester starts. It is quite usual that people sign up for too many courses and that one therefore gets the preferred course after being on the waiting list. It is possible to register for new courses until the course itself starts, and one can de-register from a course at any time before eventual mid-term exam or presentation in the course. Academic calendar Arrival date: First day of the semester: Last day of classes: Examination period: The arrival date varied but the 28th of September was latest day for physical enrolment. October 1st Varies but officially the semester ends on January 27th. Normally in January, but some courses offer international students to take exam in December. Any special events/holidays: Other: Arrival - Was the administration and faculty well-prepared for your arrival? - Did the school’s students participate in the reception of the exchange students? - Describe the introduction week? They were very well prepared and offered all the information needed. Additionally, two information sessions were organised, the first on the 7th of September and the second on the 28th of September. Furthermore, the international office (Zentrum für Auslandsstudien) arranged an Orientation and Cultural program that lasted from the 7th to the 28th of September. The Program consisted of trips, museums and visits to Austrian companies. Those who attended were very satisfied and got to know a lot of students before starting the semester. Parallel with the program, WU offers an intensive language course that provides 30 hours of teaching at your individual level. Both these activities are highly recommended. The International Office The people working at the international office are very professionals and take care of all kind of problems you might have. They provide all necessary information in English Promoting BI and Norway Concerning promoting your home university there is a Student Abroad Fair, which is held every year. All of the schools were represented either by students from Vienna who had taken exchange to the different schools or by the students from the respective schools, who were on exchange in Vienna. This day were held on the 15th of September. Unfortunately, none of us were able to attend the Student Abroad Fair representing BI when we all had mandatory classes at this time. To better get to know the different cultures, the buddy network arranges International dinners where the purpose is that everyone makes a dish from their home country, for others to taste. Attend, and to bring traditional Norwegian food is a good way of promoting Norway. III. ACADEMICS In the classroom - Describe the teaching style. The teaching style is mostly done on power points slides and through class discussions. - Language of instruction? Any problems? All the professors spoke very well English. There is no problem understanding what they are saying. - How would you evaluate the level of study in relationship to the level at BI? In Vienna you get grades based on class participation, mid- terms, presentation and final exams. As a reason of this you are working more continuously though out the whole semester. - Did professors use cases, group work or lectures (or a combination)? In almost every course you were divided into groups and had either class presentation, group work or both. - How is the workload compared to that at BI? The reading material and workload for the final exam is less compared to BI, due to all the presentations and group works - Describe the relationship between professors and students. Very well. Due to smaller class rooms you connect easily with the students and the professors. We are proximately 30 students in each class. - Describe the relationship between the students in the classroom. Like mentioned earlier you know a lot of the students when in your classes due to the OK- program, language course or other organizations. Or otherwise you will easily connect and get known with other students since every one want to get known and become friends with as many as possible. Course materials - Describe the course materials used (books/literature, online articles, Powerpoint, etc). We used papers delivered in class and power point slides from the lecture. You could also borrow a book at the library if you wanted to know more about the subject. - In which language were the course materials? All in English. - How do you estimate the level of the course materials in comparison to BI? A bit less than at BI due to the presentations, mid term exams, etc. (usually when you have a presentation or group work you have to gather more information than what you learn in class) Exams - Was the exam based on the course materials or on the lectures? It was based on the power point slides and the papers delivered in class. The professor will give you sufficient information before the exam on what to read. - How was the course evaluated (include all that apply)? Final exam (include form: written, oral, home assignment, presentation, etc.) Mid-term exam Presentations Group work Class attendance Class participation/debates Library and technology - Do students have easy access to the library and its resources? - Were computers provided around campus/in the library? The library is easy accessible at the university and contain computers. Otherwise the university got a huge computer room as well. However the library is very small and does not have enough space for all the students. For that reason you sometimes have to find other places at the university to study or study at home. This will improve when the university will get new facilities, since they at the moment build a new university campus. Description of courses Liv Heidi Li Course code & name 0502 Local and Regional Development Master/ Bachelor Bachelor Exam form Prerequisites Approved as Comments Presentation Written final exam None Elective 1384 Principles of Strategic and financial controlling Bachelor Midterm 20% Final exam 60 % Report and presentation 20% 2159 Risk management and insurance Bachelor Four written exams. Grade based on average grade. 2153 International development and world monetary system Bachelor Midterm, term paper Final, term paper Accounting, recommend good understanding of the balance sheet Recommend to have a good understanding of basic statistics Strategy Elective Elective Three different courses that covers the same theory. The teaching style varies from teacher to teacher, and the level of more of a theoretical focus or quantitative focus. Assignment for every lecture. The assignments are graded and needs to be passed. Lasse Mørck Course code & name Master/ Bachelor Bachelor Exam form 2263 Sustainable Business: Managing for Tomorrow Bachelor 1384 Principles of Strategic and Financial Controlling Bachelor Group presentations 1/3 Class participation 1/3 final exam 1/3 Group presentations 15 % midterm 20 % class participation 5 % final exam 60 %. 1533 Seminar on Current European Tax Law Developments written essay 100 % Prerequis Approved ites as None Elective Comments None Elective We learned about sustainability and what impact it will have on the world. None Strategy The course was 50 – 50 strategic decision for firms, and financial analysis of firms. No prerequisites were required, but the course itself was hard to understand with non pre experience. 2313 Negotiation Management Bachelor written essay 100 % None Elective The lectures were divided into 50 – 50 class and negotiation situations with other students, we were delivered different cases to solve each time. Very interesting. 2064 International Strategic Management I Bachelor Group presentations 40 % class participation 10 % final exam 50 % None Elective Very interesting and relevant management course, we learned a lot about different strategies and we had to prepare presentations for every lecture. Please contact us through international office if you have any question.