Tuition Fees and Reductions

MBA Tuition Fees

Fees as of 31st of January 2024


Tuition Fee 

Per Semester


Master of Business Administration (MBA)€10,140 

*Tuition fees are adjusted bi-annually, in January and June according to inflation index. Please see your study contract or Guidelines on Fees for more information

Reductions on tuition fees

Mathias Corvinus Collegium Foundation Scholarship 

Amount: 25 scholarships that either fully or partially cover tuition fees for the entire duration of the chosen program

Eligibility: Students applying for the Fall 2024 or Spring 2025 semesters who meet the following criteria:

  • Are nationals of one of the following countries: Albania, Austria, Bulgaria, Croatia, Czech Republic, Georgia, Hungary, Kosovo, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia, Ukraine, Kazakhstan (only for Spring 2025) or Azerbaijan (only for Spring 2025), AND
  • Have achieved at least 80% cumulative performance (GPA) throughout classes in the last 4 completed semesters, OR are actively involved in social, cultural, or volunteering activities, with evidence of at least 2 such endeavors, OR have participated in competitions, accelerators, or activities requiring extra time and dedication

All the criteria and more information can be seen here.

The deadline for the MCC Scholarship for Fall 2024 and Spring 2025 is June 1, 2024!

Below reductions valid from: 31st January 2024 

Full Tuition Fee Payment

Amount: 3% of total tuition
Eligibility: Applicants who opt to pay their full tuition fees in one.­

One Academic Year Tuition Payment Reduction

Amount: 1.5% of the tuition for 1 year
Eligibility: Applicants who opt to pay ahead the tuition fee for one academic year.

Siblings Reduction

Amount: 10% of the total tuition fees for following siblings
Eligibility: If you are a sibling of a current student at MU Vienna and also want to study at MU. This reduction is not related to a specific study program. 

Exchange Alumni Grant

Amount: 8% of total tuition
Eligibility: If you have visited MU Vienna as an Exchange Student and decide to continue your study at MU. 

Merit Grant

Amount: 10% of total tuition
Eligibility: The admissions committee may grant a reduction of 10% to outstanding candidates. This grant is up to the discretion of the admissions committee and no extra application is required.

Alumni Grant

Amount:  depending on your grade point average (GPA)
GPA>95%: 40% of tuition
GPA>90%: 35% of tuition
GPA>85%: 30% of tuition
GPA>80%: 25% of tuition
GPA>70%: 15% of tuition
GPA<70%: 10% of tuition

Eligibility: If you achieved an undergraduate degree at MU and choose to continue your studies at MU you are eligible for the Alumni Grant.

Educational Tax Credit

If you pursue a graduate study and work in Austria at the same time you are entitled to get educational tax back. For more information please click here.

Further resources for financial assistance 

If you are looking for funding for your graduate studies, check out the resources below. 

Fund of Excellence – Student Funding Program from Erste Bank Österreich Funding Program 

The OeAD, the Austrian agency for international mobility and cooperation in education, science and research administers a database of scholarships and research grants: 

Additionally, the following website of the Austrian government provides general information about financial aid for students: 

If you have any additional questions regarding the scholarships, please do not hesitate to contact the Admissions Office.

Be aware

Applicants from non-EU countries applying for a "Residency Permit Student" in Austria should keep in mind that the immigration authorities require all applicants to present proof of having sufficient financial means to cover their cost of living for the first year (min. EUR 11.000). The overall amount that must be presented in advance at the time of applying! 

Residence permit – student no mobility programme | OeAD, Austria's Agency for Education and Internationalisation

See more details here: Living costs when studying in Vienna