Why do women earn less but pay more at the hair salon? Why is Nigeria a poor country and Botswana a rich one? Understanding economies requires an understanding of economics, business, administration, and psychology. The Bachelor’s degree program in Business & Economics provides an opportunity to learn about all of this and more.
Business and the environment, e-business, trade wars, healthcare systems. The Bachelor's degree program in Business & Economics (WiWi) has been designed to provide you with comprehensive education about how the economy works. Economic sciences not only consist of studies in economics and business administration, psychology and data analysis also play important roles in studying business and economics at the JKU!
When it comes to a globally connected world, one thing impacts the other. You will learn to sketch the larger, global picture, understand correlations, develop solution skills, and correctly apply data analyses.
Business & Economics
Bachelor of Science (BSc)
German (Level C1)
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Why This Degree is Particularly Attractive
- Three areas of specialization: In addition to a broad education in economic sciences, starting at the undergraduate level you can select a major: Economics, Economics & Business, or Economics and Psychology.
- Unique in Austria: The JKU’s academic degree program in Business & Economics includes a strong focus on economics and psychology, including the study of economic analyses with a psychological perspective.
- Data - Oil of the 21st century. You are educated in one of the most important areas of the future, getting a needs-based and job-oriented education in data analysis methods.
Areas of Specialization
Your introduction to economic sciences includes perspectives in psychology and learning about the importance of conducting sound information analyses:
- Business Psychology: You learn to understand, interpret and predict human behavior
- Economic behavior in organizations: You focus on what kinds of problems organizations/companies face in the areas of human resource management, strategy, and in management and how they solve them.
- Digital economy and market behavior: The digital economy means more monopolies and changed market conditions. You focus on the resulting challenges and consequences for market outcomes.
- Public finance, health and environmental economics: Environmental and healthcare issues pose enormous social challenges. You explore, for example, if and how taxes or regulations can help.
- Macroeconomics and International Business: You learn to understand international economic interactions such as, for example, why some countries are rich and others are poor.
- Data Analysis and Statistics: You learn to apply tools in econometrics to analyze economic and social relationships.
- You can choose from among all minors in the JKU Bachelor's degree program in Business Administration combined with courses in other social science areas.
What You Will Learn in the Program
- You acquire analytical skills and learn to understand and consider business and economic processes from different perspectives. You learn about how everything interrelates as well as the importance of correctly analyzing and interpreting data.
- Graduates have the ability to analyze new tasks as well as develop and implement proposed solutions.
- You will learn how to evaluate projects scientifically and better understand economic policy debates.
Did you know...?
"SHARE" (Survey on Health, Ageing and Retirement) is the EU's largest socio-economic project and is conducted at the JKU Linz.
Linz is the Austrian center for Applied Economic Research - with outstanding access to economic and social data.
Your Career Prospects
The Bachelor's degree program in Business & Economics prepares you for a wide range of applications in countless areas of business.
- Management Consulting, Strategic Management: You prepare analyses and concepts, conduct statistical work, and work on growth, sales, and internationalization strategies designed to advance a company.
- Financial Management: You work for banks or insurance companies, prepare financial market analyses, work in risk management, prepare credit and credit assessments or work in conducting financial research.
- Public Sector, International Organizations, NPOs: You analyze economic policy measures and make forecasts in these areas.
- Academic and Economic Research: Conduct research in a personally selected area of business that interests you!
- Market Analysis, Opinion Research: You create qualitative or quantitative surveys and interpret the findings so you can better understand consumer behavior and current trends.
- Data Analyst: You work, for example, at the headquarters of a supermarket chain where you analyze customer behavior data in order to optimize price schemes, brand positioning and proliferation.
The Bachelor's degree program Business & Economics is comprised of the following areas *:
* Subject to change
Admission to Studies
In order to be admitted to the Bachelor's degree program, you must fulfill the following requirements.
- Hold general higher education entrance qualifications (such as an Austrian "Matura" diploma)
- If your first language is not German, you will be required to submit proof of language proficiency in German, Level C1.
- You can get academic credit for certain courses taken at school, such as bookkeeping and cost accounting. Please contact the Office of Examinations and Recognition Services at the JKU. Click here for detailed information.
Advanced Degree Programs
After completing the Bachelor's degree program, you can opt to pursue a graduate degree:
Digital Business Management Master's DegreeDegree Program
Economics Master's DegreeDegree Program
Economic and Business Analytics Master's DegreeDegree Program
Finance and Accounting Master's DegreeDegree Program
Management Master's DegreeDegree Program
Civic Studies Master's DegreeDegree Program
Frequently Asked Questions
What is the difference between the Bachelor's degree in Business & Economics
and the Bachelor's degree in Business Administration?
Academic studies in economic sciences focus on a broad range or business subjects: Economics, business administration, finance, psychology and data analysis. You study business problems from an economic and psychological perspective.
The Bachelor's degree program in Business Administration focuses on business management skills and business activities and provides a basic understanding of data analysis as well as an introduction to digitization.
What is the difference compared to the Bachelor's
degree in Statistics and Data Science?
The Bachelor's degree in Business & Economics also contains an introduction to data analysis, however the mathematical requirements are lower than in the Statistics program. The program focuses on a strong training in applications.
Why should I study Business & Economics?
If you want to understand just how markets work, develop a critical view, and learn to think in an analytical/quantitative way (such as, what is the most important thing about this question?) - then you have come to the right place.
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