Project management is perhaps one of the most useful, essential classes for any future businessperson. The theory learned in class which consisted of initiating, managing and bringing projects to completion, laid the foundations to the fundamentals of the subject.

However, as project management requires skills beyond theoretical concepts, a new initiative was decided to be implemented – the project management game.

Before the Winter Break, in December 2015, both groups of the 3rd semester Bachelor program had the privilege to participate in this innovative, new concept at LBS. Inspired by the “4. Tag der Lehre – Game Based Learning” at the Fachhochschule St. Pölten, where Prof. Miha, Prof. Poeschl, and Prof. Dem received an insight into cutting-edge game based teaching possibilities (for further information see:, in Prof. Dem’s project management class, students participated instead of taking a final exam in an interactive board game which covered all aspects, vital for the aspiring project manager.

The students, both as active participants in the form of four groups and as an observant audience, were asked questions in various categories- from planning a project to controlling and managing budgets, costs and human resources.

The questions included not only mere terminology but also scenario and logical questions, which demanded critical thinking and practical implementation of knowledge acquired in class.

The game served as a clear indication of the students’ command of the learned knowledge and promoted out of the box thinking and group discussions.

Students were encouraged to participate, not only due to the grading of their performance but also due to the competitive, fun learning environment in class.

The introduction of this new method of learning has proved to be highly beneficial and provided a summary for the topic in a joyful yet challenging way. This practical approach by Prof. Dem is believed to be the beginning and one of many more activities to come.

Sagi Z.
Chairperson LBS Student Union

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Congratulations to the Class of 2019

On June 28 we were pleased to welcome numerous families and friends to the Lauder Business School campus for a graduation celebration. In his welcome address our Executive Director Alexander Zirkler congratulated the graduates and introduced our Guest of Honor, the US Ambassador to Austria – his Excellency Trevor D. Traina.

Fireplace Talk with the CEO of Austrian Airlines

On June 19 we were delighted to host the CEO of Austrian Airlines, Dr. Alexis von Hoensbroech, in the Lauder Business School ball room. He delivered an inspiring fireplace talk about his career path, the aviation industry in general, and the Austrian Airlines company structure and strategy.

Cooperation Agreement with the City of Vienna

Lauder Business School signed a cooperation agreement with the City of Vienna together with 22 other Universities and Universities of Applied Sciences located in Vienna. On May 14, 2019, Mayor Michael Ludwig signed a cooperation agreement with the Viennese higher education institutions in the City Hall, together with rectors, directors and board members of 23 universities, colleges and universities of applied sciences.

Researching Innovation in Austria

Christian Reiner, senior researcher at LBS, has co-authored the “Austrian Research and Technology Report 2019”. This annual report has been published by three Austrian ministries and written by external experts from applied research institutes and universities. Given the importance of the report for the wider public, it is an honour to contribute to this official publication.