Erasmus+ International Credit Mobility
Erasmus+ International Credit Mobility offers a small number of substantial mobility grants for designated partner universities on both the bachelor’s and the master’s levels.
- Financial information
- Available exchange places
- Academic achievement
- Federal scholarships
- Students with special needs
- Steps after the mandatory Grant & Recognition Session
Students who apply for universities offering Erasmus+ International Credit Mobility exchange places with the best ranking during the application process will receive the grant.
Prior to the exchange semester, students are invited to a mandatory Grant & Recognition Session. You will receive all the necessary information and documents there.
The WU is responsible for the payment of the mobility grants. 80% of the entire mobility grant is paid out after the Grant Agreement is signed. The remaining 20% are paid out after completion of the stay abroad if the required documentation is submitted in time. The payment is only made to the student’s own bank account.
Available exchange places
The availability of exchange places and grants can vary each semester. For the summer semester 2021 (application in summer semester 2020) grants are available for the following partner universities:
|Country||University||Available Scholarships||Grant amount per student|
|Bosnia and Herzegovina||University of Sarajevo||2||EUR 3075|
|Russian Federation||St. Petersburg University||3||EUR 3775|
|Country||University||Available scholarships||Grant amount per student|
|Philippines||Asian Institute of Management||1||EUR 4300|
Proof of minimum academic achievement is required for students who receive an Erasmus+ grant. The stay abroad should not hinder the student’s academic progress (“no loss of progress” principle). According to this principle, students should complete courses worth 30 ECTS credits in each semester spent abroad.
As proof of academic achievement, students are required to have credits earned abroad transferred to their WU program.
Apart from these regulations, there is also a minimum requirement students must meet to keep their mobility grant. Students must earn at least 3 ECTS credits per month or complete substantial work on a bachelor, master, or doctoral/PhD thesis, as confirmed by their thesis supervisor.
Students who receive a federal scholarship (Studienbeihilfe) can continue to collect this financial aid during their Erasmus+ exchange stay abroad if they have full admission to courses and exams in Austria. These students have to apply for additional federal financial aid for a stay abroad (Beihilfe für ein Auslandsstudium, BAS) with the appropriate Financial Aid Office (Austrian Study Grant Authority). Federal financial aid for a stay abroad (BAS) is paid out in addition to the federal scholarship. It is possible to receive BAS, a federal scholarship, and the Erasmus+ International Credit Mobility grant.
Students with special needs
To ensure that students with disabilities or chronic illnesses can take full advantage of European mobility programs, the Erasmus+ Program provides additional funding to support students with disabilities (please indicate this during the application process).
Ask the Erasmus+ coordinator at the International Office (Martina Stalitzer) to provide you with further information and help you with the Erasmus+ support application form. For further information have a look at the homepage of the Austrian National Agency (only available in German).
Data protection: Pursuant to Austrian law, personal data is kept confidential and will be used only as needed to process your application and for your participation in the Erasmus+ program.
Steps after the mandatory Grant & Recognition Session
Before your exchange
The Grant Agreement (the contract) students receive during the mandatory grant & recognition session has to be filled in and signed by the student and handed in at the International Office.
Proof of academic achievement: Students are required to have ECTS credits earned abroad transferred to their WU program. Apply for pre-recognition of courses to be taken abroad online on the Study Regulations & Credit Transfer page. When selecting courses you need to make sure to complete a full workload, that means courses worth 30 ECTS credits.
The Learning Agreement will be generated automatically with your pre-recognition documents and has to be taken to the host university.
All exchange students have to obtain appropriate insurance coverage (at least accident and liability insurance) for the respective host country.
Click here to see the Erasmus+ student charter. This charter highlights your rights and obligations and tells you what you can expect from your sending and receiving organizations at each step of your Erasmus+ experience.
Students who receive a federal scholarship (if applicable) have to submit two parallel applications: one for Erasmus+ grant and one for federal financial aid for a stay abroad (Beihilfe für ein Auslandsstudium, BAS), to be submitted to the Austrian Study Grant Authority. Federal financial aid for a stay abroad is paid in addition to regular federal scholarships. For further information and the necessary forms, please click here. Form no. SB-AS1 has to be confirmed by the Study Regulations & Credit Transfer office (instructions for filling out form SB-AS1, in German).
Bachelor students in the International Business Administration (IBW) major (if applicable) have to complete 24 ECTS credits (business or economics related; no free electives).
During your stay
To fulfill the minimum workload requirement to keep your mobility grant, you need to complete at least 3 ECTS credits per month worth of courses eligible for credit transfer towards your WU degree program.
The Learning Agreement must be signed by the host university. Any changes must be reported within one month.
The Confirmation of Attendance must be issued by the host university during the last week of the Erasmus stay abroad.
After your return
The signed and stamped Letter of Confirmation must be received by the Erasmus Office in Vienna within 4 weeks of the end of the stay and the exchange report submitted using the Mobility Tool (Link will be sent out).
The certificate issued by the partner university has to be authenticated by the IO coordinators and can then be picked up in the Front Office.
To have the credits earned abroad transferred to your WU program, a copy of the authenticated certificate, the completed F35 form, and the supplementary forms must be submitted to the Study Regulations & Credit Transfer office within three months of expiration of the contract period. The notification of credit transfer has to be presented at the WU’s request.
Within three months of the official expiration of the exchange semester, a copy of the recognition notice must be submitted to the IO Front Office or to the grant office via email.
A copy of the Learning Agreement must be submitted to the Study Regulations & Credit Transfer office. The original remains with the student.
The IO Exchange Report must be submitted online within three months of the official end of the semester. Templates for the exchange report are available for master's students as well as for bachelor's students.
Students who receive a federal scholarship: The SB-AS2 form has to be confirmed by the Regulations & Credit Transfer office.