– On a global level, today’s business environment is more challenging than ever. Due to unstable markets and financial fluctuations, sustainable business success primarily depends on the right combination. This also applies to MBA education programs – the overall package must be exceptional. Thanks to international students, our top-notch faculty, and numerous career development opportunities, WU Executive Academy business school definitely has a lot to offer to Croatian managers, emphasized the dean of WU Executive Academy, Prof. Barbara Stöttinger, who officially presented the educational programs to the Croatian public today.
WU Executive Academy, the business school of the Vienna University of Economics and Business in Vienna, offers programs MBA and Master of Laws, as well as short programs for the education of individuals in executive positions. These programs are intended for individuals from the management structures of companies who wish to educate themselves and advance. The MBA programs of WU Executive Academy are divided into the Global Executive MBA program and Professional MBA programs taught in English and German.
The average participant of WU Executive Academy has 35 years, 13 years of work experience, and 7 years of experience in a managerial position. The ratio of male to female participants is 53% to 47%.
Professor Stöttinger highlighted that attending these programs allows participants to advance in their careers and gain access to the largest management network in Southeast Europe with over 2,300 members. This business school collaborates with more than 230 partners worldwide in over 55 countries and is accredited by EQUIS and AACSB, with all WU programs recognized by AMBA.
Investing in further education at WU Executive Academy has proven to be a good decision for many to this day. Data from the latest research conducted within the MBA alumni community showed that their salaries increased by 30% in the three years following graduation. Furthermore, 22% of graduates changed jobs within the company they work for, 32% changed employers, and as many as 10% of them started their own business within two years after completing their education at the business school.
Among those who have attended and successfully completed this school from 2005 to the present are 53 Croatian entrepreneurs. At the presentation, former students also spoke about their experiences in gaining knowledge and experience at WU Executive Academy. Ines Knapić, Executive Director of Business with Restructured Clients and Collections at Raiffeisen Bank, attended the MBA Professional program. She emphasized that the international character of the business school, as well as meeting people from different professions, enriched her knowledge, and that international lecturers provided her with a fresh perspective on many topics covered during classes.
Meanwhile, Saša Kolenko, partner and member of the Management Board of AWT International Group, who completed the Global Executive MBA program, learned almost as much from lecturers as from colleagues from around the world, and he was particularly impressed by lectures in other countries where he gained a global insight into numerous areas. Thus, in India, he learned about the IT sector and visited Oracle, which employs more than 6,000 people; in St. Petersburg, he learned all about the Russian transition in the last 10 years; in New York, he studied entrepreneurship; and in China, he learned about globalization.