Sustainably and effectively preparing an organization at all management levels for an uncertain future and aligning it accordingly is the essence of risk management. This requires risk management to be implemented across the entire enterprise in the operational and strategic structures as well as in the central key functions of the organization so that they can all be networked and controlled as a whole. The master's degree program provides the skills required for this task. As a graduate you will be able to develop and implement a comprehensive risk management system, fill key positions and support the management as a business partner in strategic decisions.
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Application period for academic year 2020/21
3rd October 2019 to 17th May 2020
tuition fee / semester:
+ ÖH premium + contribution2
1 Tuition fees for students from third countries € 727,- per semester
2 for additional study expenses (currently up to € 83,- depending on degree program and year)
You stand out with your constructive, integrated thinking and solution-oriented approach. Your strengths include moreover a systematic approach to an uncertain future and the ability to think outside of the box. "Nothing is impossible" is more than just an empty phrase for you; it motivates you to proactively and analytically detect potential threats, hazards and risks even in a complex context, to analyze and to develop comprehensive strategies. The challenge of operationally and strategically anchoring risk management in a company excites you. You possess fundamental knowledge of business administration or process and quality management.
We offer you an academic education that is oriented towards the needs of the business sector following a didactic concept adapted for part-time study.
Over the years we have established a strong network of representatives from business, politics and special interest groups that we have expanded and strengthened through a strategic partnership with the Institute of Internal Auditors Austria (IIA Austria). Thus in our teaching and research we can draw on experts from the industry with international experience and conduct joint research projects in which we focus on further developing innovative management approaches. In addition, we also support partners from profit and non-profit organizations in an advisory capacity in their projects, for example in 2014 we helped the Province of Burgenland develop a security strategy. We are one of the first universities to implement the "Three Lines of Defense" model in our education.
With this part-time degree program you will receive an education that is unique among the German-speaking countries and combines risk management with business management, process and quality management and internal audit expertise. Integrated risk management is an education that can be applied in a wide range of business sectors including profit and non-profit organizations, small and medium enterprises as well as large corporations, providing you with excellent career opportunities. In addition, you have the opportunity to acquire internationally recognized certificates. The innovative approach of the degree program follows “The Three Lines of Defense” model, which sets new standards in risk management and serves as the basis for a functioning control and monitoring system for businesses.
Performance indicators are an essential tool in risk management. It requires both the development of financial and procedural indicators. To meet these requirements, different focuses are set in the first semester:
In the following semesters, you will learn various qualitative and quantitative analysis methods. Thus you will learn to identify potential hazards to analyze operational and strategic risk situations and to develop multidisciplinary approaches to a complex environment. Finally, you will learn to evaluate and improve the effectiveness of risk management, the controls and the management and monitoring processes from the perspective of the internal audit. You will acquire the basic authorization for the certificate as a certified internal auditor.
Lector: Mag. Erwin Vitovec
Lector: Mag. Josef Ruh
Lector: Natalie Brezer, FH-Prof. DI Dr. Martin Langer, Mag. Clemens Österreicher, Mag. Josef Ruh
Lector: Dipl.-Kfm. Dr. Martin Frentz, M.P.A.
Lector: Ing. Herbert Dvorak, MBA, Dipl.-Kfm. Dr. Martin Frentz, M.P.A., DI Stephan Javurek, Mag.(FH) Johann Weber, MBA MPA MA
Lector: Mag.a Ines Schubiger
Lector: Mag. Josef Ruh, PD Dr.Dr. Dipl.-Psych. Guido Strunk
Lector: FH-Prof. DI Dr. Martin Langer, Mag. Josef Ruh
Lector: Ing. Herbert Dvorak, MBA, Dr. Roman Käfer, Mag. Josef Ruh, Mag.(FH) Johann Weber, MBA MPA MA
Lector: Ing. Herbert Dvorak, MBA, LektorIn PlatzhalterIn 1
Lector: Ing. Herbert Dvorak, MBA
Lector: Ing. Herbert Dvorak, MBA, Mag.(FH) Johann Weber, MBA MPA MA
Lector: Mag. Gerhard Pöschl, MAS MSc, Mag. Josef Ruh
Lector: PD Dr.Dr. Dipl.-Psych. Guido Strunk
Structuring of data and facts according to their contexts. Analysing circular causal processes. Identification of dynamics and systems, description and appropriate interventions.
Module exam Grading scale (very good – good – satisfactory – sufficient – not sufficient)
Distance learning, classroom attendance
Lector: Ing. Herbert Dvorak, MBA, DI Stephan Javurek, Mag. Josef Ruh
Independently working on a comprehensive practical problem relating to risk management
Distance learning, project course
Risk-oriented scenario analysis, Porter's industry structure analysis, risk-based qualitative business segment analysis, qualitative indicators development, the interaction of qualitative and semi-quantitative analysis
Lector: DI Stephan Javurek, DI Christian Plohberger
Concepts for initial analysis, methods of quantitative risk management and their application The strengths and weaknesses of various methods
Dimensions of risk concepts Risk perception Decision-theoretical fundamentals Risk ethics perspectives
Lector: Ing. Andreas Benedetter, BSc, MA, Ing. Herbert Dvorak, MBA, Dr. Roman Käfer, FH-Prof. Dipl.-Inform. Timo Kob, FH-Prof.in Mag.a Claudia Körmer, Mag.a Dr.in Beatrice Preßl, Dr.in Yvonne Prinzellner, Mag. Josef Ruh, Mag.a (FH) Eva M. Schrittwieser, Mag.a Ines Schubiger, PD Dr.Dr. Dipl.-Psych. Guido Strunk, Martin Wolf, LL.B, MA
Application of risk management process in accordance with the underlying standards as an integrated function in the relevant control units of organizations, process-oriented interfaces to ICS, control-specific interfaces for controlling, system-relevant interfaces for internal audit; integrated monitoring and reporting systems to manage a holistic approach to risk management, the three lines of defence model as a system approach
Module exam Grading scale: (very good – good – satisfactory – sufficient – not sufficient)
The application of systems theory - synergetics, a theory for understanding complex change processes. Synergetics methods as metrics for stability, feedback loops as a tool to introduce change processes.
Distance learning, classroom attendance.
Lector: Christian Koller
Definition, characteristics and stages of negotiation, setting negotiating goals, techniques of negotiation, objection handling, the Harvard model, specifics of negotiation in an intercultural environment, application through case examples.
Module exam Grading scale: very good - good - satisfactory - sufficient - not sufficient
Lector: Mag. Thomas Schelmbauer
Lector: Mag.a Ines Schubiger, Martin Wolf, LL.B, MA
Lector: MMag. Christoph Blaha, MBA
Lector: FH-Prof. Dipl.-Inform. Timo Kob, Christoph Moser, MA, Florian Polt, BSc, MA
Lector: Marian Zefferer, BSc.
Lector: Mag. Petra Carniel, Mag. Dr. Leo Hemetsberger, Mag. Thomas M. Klein, Mag. Stephan Pichler, Mag. Josef Ruh, Ing. Manfred Scholz, Mag.a Ines Schubiger, Mag. Anton Six
Lector: Dr. Matthias Kopetzky, Mag.a Ines Schubiger
Lector: Bernhard Hötzel, Marion Hötzel
Lector: Mag. Georg Jeitler, BA MBA, Dr. Matthias Kopetzky, Mag.a Ines Schubiger
Lector: FH-Prof. Dipl.-Inform. Timo Kob, FH-Prof.in Mag.a Claudia Körmer, Mag.a Dr.in Beatrice Preßl, Mag. Josef Ruh, Mag.a Ines Schubiger, PD Dr.Dr. Dipl.-Psych. Guido Strunk, Martin Wolf, LL.B, MA
Lector: Mag.a Dr.in Beatrice Preßl, PD Dr.Dr. Dipl.-Psych. Guido Strunk
Lector: Kai Mettke-Pick
Fundamentals of BCM as a management system, analysis of operations and the effects of disturbances and emergencies (business impact analysis), development of a continuity strategy and BCM processes
Module exam Grading scale (successfully completed – unsuccessfully completed)
Lector: Anja Christensen, BA, FH-Prof.in Mag.a Dr.in Andrea Zimpernik
Grammar: • Comparisons • Hypothesizing, conditionals • Word formation: prefixes, suffixes: forming adjectives, nouns • Present simple & continuous • Talking about the future • Past time • Present perfect & past tenses • Typical mistakes & idiomatic business phrases • Make versus do • Relative clauses • Passives & the causative • Prepositions • Subordinate clauses of result and purpose Business Skills: • Discussing jobs and responsibilities • Professional emailing • Presentation skills: presentation structure, opening & closing, signposting, idiomatic phrases, building rapport, results & trends, Q&A session • Meetings & negotiations: expressing opinions, agreeing & disagreeing, persuading • Text comprehension, film and music input & discussion: humans share a root system, ethics, leadership, risk assessment
Your mark consists of these components: • Final exam: 60% • Classroom performance: 20% • E-Learning tasks: 20% Grading scheme: 0 - 59% Grade 5 60 - 70% Grade 4 71 - 80% Grade 3 81 - 90% Grade 2 91 - 100% Grade 1
Lector: FH-Prof. Dipl.-Inform. Timo Kob, FH-Prof.in Mag.a Claudia Körmer, Mag. Dr. Hans Lampalzer, MA, Aldric Ludescher, Florian Polt, BSc, MA, Mag.a Dr.in Beatrice Preßl, Dr.in Yvonne Prinzellner, Mag. Josef Ruh, Mag.a Ines Schubiger, PD Dr.Dr. Dipl.-Psych. Guido Strunk, Martin Wolf, LL.B, MA
Formulation of a research question (operationalization, formation of objectives,); production of individual sections or status updates of the thesis/master thesis; Critical discussion and reflection of their own and other work and defence of their own research approach
Module exam Grading scale (successfully completed – unsuccessfully completed)
Lector: FH-Prof. DI Dr. Martin Langer
Lector: Mag. Josef Ruh, Mag.a Ines Schubiger
Case studies on management, risk management and internal auditing
Module exam Grading scale (Successfully completed - unsuccessfully completed)
Lector: Mag. Matej Drascek, Mag. Josef Ruh
Lectures, workshops on organization, process and quality management, business administration, risk management, complexity and internal auditing
Lector: FH-Prof.in Mag.a Claudia Körmer
Writing the Master's Thesis
Timesevery two weeks, allday, blocked on weekends
Language of InstructionGerman
The master's degree program prepares you for management and staff positions in international corporations as well as in small and medium enterprises. In these functions, you will consult the management strategically in the development of new business fields and the further development of the company. With your widely diversified education you have the advantage of being able to take on various management functions in companies such as risk management, controlling, compliance and auditing. In addition, you will be able to establish a comprehensive control system from the ground up, as well as all the required processes.
The basic requirement is a bachelor or graduate studies degree at a university with a total of 180 ECTS. Graduates of business administration degree programs and the bachelor’s degree program Integrated Security Management meet this prerequisite.
Graduates of other disciplines need proof of sound knowledge in the fields of process and quality management that they have acquired as part of a bachelor or graduate degree or from relevant institutions. You must possess sufficient knowledge of German and basic knowledge of English in order to be able to understand the lectures.
To apply you will require the following documents:
Please noteIt is not possible to save incomplete online applications. You must complete your application in one session. Your application will be valid as soon as you upload all of the required documents and certificates. In the event that some documents (e.g. references) are not available at the time you apply, you may submit these later via email, mail or in person by no later than the start of the degree program.
Head of Integrated Safety and Security, Head of Integrated Riskmanagement, Head of Risk Management and Corporate Security T: +43 1 606 68 firstname.lastname@example.org
Brigitta HofmannFavoritenstraße 226, B.3.11 1100 ViennaP: +43 1 606 68 77-2175 F: +43 1 606 68 77-2159 email@example.com
Office hoursby appointment
Academic Staff, Deputy Head of Works Council
We work closely with renowned companies in commerce and industry, with universities, institutions and schools. This guarantees you contacts for internships, employment or participation in research and development. You can find information about our cooperation activities and much more at Campusnetzwerk. It's well worth visiting the site as it may direct you to a new job or interesting event held by our cooperation partners!