Press Releases
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Press release, 15 May, 2012WU Hosts Conf-IRM 2012: |
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Press release, 10 May, 2012Fire at WU construction site |
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Press release, 09 May, 2012
WU’s Senate Votes in favor of the Reintroduction of Tuition Fees
In a vote of 16 to 26 in its May 9 session, WU’s Senate has approved the Rector’s Council’s initiative to reintroduce tuition fees in certain cases. The fees apply only to so-called long-term students, who have been enrolled for longer than the regular duration of their program plus two extra semesters, as well as to third-country nationals. Early in 2012, the tuition fee legislation from 2008 was repealed by the Austrian Constitutional Court on legal grounds as per March 2012, and was not rectified by the government after that. For WU, this meant the loss of € 1.5 million in tuition fees in the summer semester of 2012.
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Press release, 27 April, 2012
New Professor at WU: Renowned Taxation Expert Jeffrey Owens
WU is pleased to announce that Dr. Jeffrey Owens has joined the Institute for Austrian and International Tax Law at WU as the Director of the newly established WU Global Tax Policy Center. The WU Global Tax Policy Center will build on the existing academic and research activities in international tax law at WU and will put an additional focus on the tax policy and tax administrations issues that arise in an increasingly globalized world. Dr. Owens, a renowned expert in the tax sciences, has now been appointed as professor at WU. |
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Press release, 17 April, 2012
All About WU’s 14 Master Programs –
WU Master Day on April 25 is an excellent opportunity to learn more about the wide variety offered by WU’s total of 14 master programs. Particular emphasis will be placed on the three new programs in Information Systems, Marketing, and Socio-Ecological Economics and Policy, all of which are taught in English and will start in the winter semester of 2012/13. |
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Press release, 12 April, 2012
WU Awards Ceremony: Honoring Outstanding Achievements in Research and Teaching
On April 19, WU will be honoring the outstanding performance of its best teachers and researchers with a public Award Ceremony. Awards will be presented to the authors of scientific publications in top academic journals and to researchers involved in international, peer-reviewed research projects. The courses that best embody this year’s theme “Reflection and Viability” will receive the 2012 Excellence in Teaching Award. |
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Press release, 4 April, 2012
WU research project analyzes the effects of liquidity on financial markets
Sufficient liquidity is vital for financial markets to perform, making it essential for the economy as a whole. A strong decline in liquidity in almost all of the major financial markets has been observed during the current financial crisis, and these liquidity effects also affect market prices. In cooperation with researchers from New York University, WU’s Nils Friewald and Rainer Jankowitsch studied these effects on the US corporate bond market. Their results have now been published in the renowned Journal of Financial Economics. |
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Press release, 22 March, 2012
WU’s New Campus: an Extra-ordinary Concept to Serve All Needs
Europe’s
largest university construction site is located in Vienna: Six building
complexes offering some 100,000m² net floor space are being built between the
Prater park and the Vienna Exhibition Grounds, establishing a new urban quarter
designed to house WU’s 27,000 students. |
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Press release, 13 March, 2012
The Valuation of Hedge Funds‘ Equity Positions
In the next WU
Gutmann Center Public Lecture on March 22, Alexander Kempf, professor at the
University of Cologne, will present the results of his research on the
valuation of hedge funds’ equity positions. |
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Press release, 06 March, 2012
Renowned Fulbright-Hall Chair at WU Extended until 2016/17
Excellent news for WU’s internationalization strategy: The Fulbright-Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe at WU’s Institute for Entrepreneurship and Innovation was extended for an additional three years. With a sum of $150,000 granted by the Craig and Kathryn Hall Foundation, US researchers will have the opportunity to work at WU from 2013/14 through to 2016/2017. |
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Press release, 01 March, 2012
New Professor for European and Public Law: Erich Vranes
WU is always glad to welcome new professors, whose internationally recognized expertise strengthens WU’s research and teaching. Starting on March 1, Erich Vranes will be WU’s new Professor of European and Public Law.
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Press release, 22 December, 2011
WU’s Arbitration proceedings: No appeal at this time
In the arbitration proceedings between WU and the Federal Ministry for Science and Research, both parties had a six-week period from service of the official notification to submit an appeal to the Constitutional or Higher Administrative Courts. The Rector’s Council has decided not to submit an appeal for the time being, even though WU does not agree with some legal aspects of the Commissions’ decision. |
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Press release, 06 December, 2011
Business School Ranking: WU moves up
WU already achieved very good results in the Financial Times rankings ‘Masters in Management’ (placing 18th out of 65 worldwide programs) and ‘Executive MBA’ (taking 38st place out of 100 ranked programs worldwide) released in October. Now, in the most recent FT ranking of European Business Schools, WU has another success to celebrate, moving up 23 slots to an excellent 28th place out of the 75 top European business universities. This is WU’s best result since it was first included in the FT rankings. |
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Press release, 28 November, 2011
WU Arbitration Proceedings
The Committee calls the massive discrepancy between the university’s obligations and the available funding unconstitutional, and demands either restricted admission policies or a dramatic increase in funding. |
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Press release, 24 October, 2011Financial Times EMBA ranking 2011: WU Executive MBA (Global) ranked number 38 For the first time among the top 40 MBA programs worldwide: In the current Financial Times Executive MBA ranking, the Executive MBA (Global) of the WU Executive Academy has achieved an excellent overall result, moving up another three places to number 38. Among all MBA programs in the EU, the Executive MBA (Global) is ranked among the top 15, and among the top 5 in the German-speaking world (Germany, Austria and Switzerland). Also, it has again obtained top scores in several categories of the ranking. |
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Press release, 19 September, 2011
Financial Times Global Masters in Management Ranking 2011: WU moves up six places
WU did remarkably well in this year’s Financial Times Global Masters in Management ranking, improving its position by six places. WU’s International Business Administration program is currently ranked at 18th place out of 65 excellent schools, making it one of the top 20 study programs offered by international business and economics universities. |
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Press release, 09 September, 2011
German daily Handelsblatt honors achievements in WU research
The German business daily Handelsblatt publishes an annual ranking of economics departments and business school professors. In the overall ranking of the 25 best and most productive research institutions in the German-speaking world, WU moved up six places from last year, to 14th place. Six WU researchers are included among the top 250 researchers in the category “Lifetime Achievement”. |
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Press release, 07 July, 2011
WU signs 1st Double Degree Program with Top North American Business School
During a formal ceremony last week, the Vienna University of Economics and Business (WU) concluded its first double degree agreement with a North American university. The Canadian Queens School of Business is one of North America's top-ranked universities, with excellent academic and executive education programs (Canada’s number 1 MBA provider), as well as numerous accreditations. Starting this fall, WU students will have the opportunity to obtain a degree from both universities, WU and the Queens School of Business. Double degree alumni benefit from international experience, are well-suited for positions in multinational companies, and are therefore in great demand on the international job market. |
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Press release, 08 April, 2011University Board elects new Rector’s Council of the Vienna University of Economics and Business (WU)
The University Board elected the future Rector’s Council unanimously, confirming the proposal made by Christoph Badelt, who was already re-elected as Rector in November 2010. As of October 1, 2011, the following members will join the Rector’s Council: WU Professors Edith Littich, Michael Meyer and Barbara Sporn, as well as the former BAWAG P.S.K. General Manager Regina Prehofer. Regina Prehofer will be responsible for the agenda of the Vice-Rector of Infrastructure as well as for the WU new campus project. |
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Press release, 31 January, 2011New Centre on global population and education research opens in Vienna:
The newly established Wittgenstein Centre for Demography and Global Human Capital located in Vienna, Austria aims to be a leader in the demographic analyses of human capital formation and its impact on society, the economy and the environment. |
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Press release, 12 January, 2011Grand Decoration in Gold awarded to WU Rector Christoph Badelt On January 11, 2011, Christoph Badelt (59), Rector of WU and former President of Universities Austria (uniko), was awarded the Grand Decoration in Gold for Services to the Republic of Austria. |
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Press release, 11 January, 2011New Research Institutes and Competence Center at WU WU continues to expand its fields of expertise and is opening a total of
four new Research Institutes in 2011. Starting in January, the new Institutes
for Human Capital and Development, Capital Markets, Independent Professions,
and Urban Management and Governance will commence their
research work. The NonProfit Organizations institute has been turned into a
Competence Center, like the Center for Central and Eastern Europe. |
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Press release, 01 December, 2010Christoph Badelt re-elected as WU Rector The University Board confirmed WU Rector Christoph Badelt (59) in office during yesterday’s Board meeting and re-elected him to represent WU as Rector for the coming legislative period from October 1, 2011 to September 30, 2015. Both motions were unanimously approved by the Board. |
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Press release, 30 November, 2010WU Manager of the Year Peter Löscher: “We have a responsibility to society“
“I urge all young people who are lucky enough to study at a university as internationally renowned and well-connected as WU to take advantage of the opportunities offered to go abroad. During my studies, WU gave me the chance to experience the world's cultural diversity, and that’s where it all started for me”, says Peter Löscher, WU’s newest Manager of the Year and President and CEO of Siemens AG. He continues, “This award is a great honor for me, and at the same time, a challenge: I am grateful for the education I have received, but not everyone is as privileged as I have been. It’s up to us, therefore, to make a difference and fulfill our responsibility to society”. |
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Press release, 08 November, 2010WU Institute for Entrepreneurship receives Leadership Award
WU’s Institute for Entrepreneurship and Innovation has been distinguished with the Global Consortium of Entrepreneurship Centers’ (GCEC) Leadership Award, as the first non-American institution to receive this prestigious distinction. This award is granted annually by GCEC – the world’s largest association of academic entrepreneurship centers – to educational institutions that have generated outstanding publications, ideas and successful programs in the field of entrepreneurship in recent years. |
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Press release, 03 November, 2010Peter Löscher - WU Manager of the Year 2010 Peter Löscher has been selected to be WU’s Manager of the Year 2010. The President and Chief Executive
Officer of Siemens AG is known for his many years of successful management, his
wealth of professional experience and his visionary approach to business
development and strategy. |
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Press release, 15 June, 2010WU researcher receives Wittgenstein Award Wolfgang Lutz, professor at WU’s departments of Socioeconomics and Finance, Accounting and Statistics, has been awarded the 2010 Wittgenstein Award. The €1.5 million prize, also known as the “Austro Nobel Prize”, is Austria’s highest scientific distinction. |
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Press release, 08 June, 2010WU study: Spain will win 2010 World Cup According to a recent study conducted by statisticians from WU and the University of Innsbruck, Spain will win the 2010 FIFA World Cup. A similar study successfully predicted the final match of the UEFA Euro 2008 (Germany vs. Spain). |
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Press release, 15 April, 2010WU Executive Academy receives AMBA accreditation Great success for the WU Executive Academy: the WU Executive Academy is the first and only Austrian MBA provider to receive the internationally renowned AMBA (Association of MBAs) accreditation. With this accreditation, the WU Executive Academy belongs to a very elite circle of business schools in the German-speaking world. |
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Press release, 26 March, 2010Again No. 1 Ranking for the WU Executive MBA in Romania Romania’s largest and most prestigious financial newspaper „Ziarul Financiar” (ZF) again ranks the WU Executive MBA program in Romania No. 1 in last week’s MBA survey. The WU Executive MBA was ranked in the top 3 positions of almost all 13 categories of the ranking. Among others, the criteria for the ranking included “Practical relevance”, “Internationality”, “Best faculty” and “Top networking”. |
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Press release, 10 March, 2010German business daily Handelsblatt recognizes WU research performance
The German business daily Handelsblatt publishes an annual ranking of economics departments and business school professors. WU faculty placed well again in 2010: In the recently published “Economists Ranking 2010”, four WU researchers are included among the top 250 researchers in the category “Lifetime Achievement”. WU’s Department of Economics placed among the 25 best and most productive research institutions in the German-speaking world. |
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Press release, 18 February, 2010Sustainability in the EU: Progress and problem areas
In 2008, WU’s Research
Institute for Managing Sustainability bid successfully on a European Eurostat contract
to investigate sustainability in the EU. The Monitoring Report 2009 (Sustainable
development in the European Union) was published in early 2010. The report documents progress made and points
out areas where prescribed goals have not been achieved. Problem areas include
renewable energy, species conservation, and aid for developing countries. |
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Press release, 26 January, 2010
WU as center of the international business school community
On Thursday the 29th and Friday the 30th of January, WU will host the world's most important and influential meeting of business school deans. About 300 participants from 45 countries will converge in Vienna for the 2010 EFMD Meeting for Deans & Directors General. |
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