We are glad to report that the quality of our bachelor and master education programs stands out in international comparison. Our students have recently completed worldwide acknowledged, unbiased tests in business education and scored better than their peers from other international business programs.

A cornerstone of the mission statement of the Lauder Business School is to provide state-of-the-art education which allows our graduates to have a clear competitive advantage at the end. Besides our favorable alumni employment statistics, we are consciously implementing measures to constantly improve the quality of our education. We were recently accepted as a member by the renowned accreditation agency: the ACBSP, which is a crucial milestone towards achieving the ultimate goal within a year: the full ACBSP accreditation. This requires that we provide an unbiased and objective measure about the quality of our education.

“Furthermore, a key step in this process is that we measure achieving the learning outcomes in each and every module in our programs under the umbrella of so-called capstone courses. In addition to the aforementioned internal assessment, in order to measure where we stand compared with the top business schools across the world, we conducted internationally justified and unbiased tests among our students for the first time in 2019.” – added Prof. (FH) Mag. Julius Dem, MBA, the Director of BA Studies.

Our bachelor students in the International Business Administration program filled in the ETS® Major Field Test for Bachelor’s Degree in Business. They answered questions in accounting, economics, management, quantitative business analysis, finance, marketing, information systems and the legal and social environment with overwhelming success, achieving 161.2 points on average. This result is by far above the average and it puts LBS in the top third tier of business schools when it comes to comparisons with renowned international business schools.

Furthermore, our master students filled in the designated academic tests issued by Peregrine Academic Services. Students enrolled in the Banking, Finance and Compliance (BFC) master program answered questions in finance, economics, quantitative research techniques, business integration and strategic management achieving a clear double-digit lead in results compared to the non-US universities and also a clear advantage with respect to the European or worldwide average.

Similarly, students enrolled in the International Management and Leadership master program answered questions in management (operations, HR, organizational behavior), business leadership, marketing, global dimensions of business, business integration and strategic management with widespread acclaim and identically to the other programs – with excellent results.

                                Results of the BFC cohorts

                                   Results of the IML cohorts

“The results in both programs clearly show that LBS is by far above the average, putting us in the forefront of business education – whether we compare our results to top ACBSP-accredited institutions in Europe or worldwide.” – concluded Prof. (FH) Dr. Tamás Csermely, MSc., the Director of MA Studies. Constant improvement is the flagship philosophy of LBS, the latter master program has just recently been refocused and will start with a refurbished, cutting-edge curriculum as  Strategic Finance and Business Analytics as of the academic year 2019/2020.

Congratulations to our students and faculty on their top performance throughout the years!



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LATEST NEWS

Blockchain Seminars – Be One Step Ahead

Whether you are a technical person, a business individual or simply interested in future technologies and the latest trends, our program gives you expert insights into this vibrant field and guides your path to becoming a Blockchain professional.

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.

Researching Real Estate Economics

Christian Reiner, senior researcher at LBS, has published a peer-reviewed article with the title “Concordance of office market cycles? Dynamics in European metropolises in the context of the financial and economic crisis”. The paper is joint work together with Robert Musil from the Austrian Academy of Sciences. It is published in the well-established, peer-reviewed German journal “Zeitschrift für Wirtschaftsgeographie”. The topic of the paper is strongly related to the LBS study program Strategic Finance & Business Analytics.

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.

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