Academic Scholarships

Admission scholarships

LBS second degree scholarship (IML/BFC)

Requirements: LBS IBA degree with GA of 2.0 or below
Benefits: No tuition fee for the first study year of the master program

6 (3 IML/ 3 BFC) GMAT scholarship

Requirements: GMAT above 600, best 3 per program will be selected
Benefits: No tuition fee for the first study year of the master program

Graduate Research Assistant Program (GRAP)

The Graduate Research Assistant Program (GRAP) is an educational program that provides students with relevant research experience while they are pursuing a Masters’ degree at Lauder Business School (LBS). Graduate Research Assistants (GRAs) work with faculty on academic and research projects, both at LBS and in the field.

 

General activities may include the following:

  • Performs supervised research under the direction of an LBS faculty member
  • Engages in literature searches
  • Performs data analysis
  • Designs and prepares research experiments

Faculty members supervising GRAs should clearly define the students’ responsibilities at the beginning of the assistantship and provide feedback on how those responsibilities are being met.

Appointments are made on an annual or semester basis by the Directors of Studies on the basis of a recommendation of a faculty member or the submission of applications by students to an official Call for Applications by LBS.

No employment relationship exists between the LBS and graduate students in the Graduate Research Assistant Program. Intellectual property rights issues arising through the Graduate Research Assistant Program are regulated through §5.3 of the Educational Training contract.

 

Benefits: 50% refund of the tuition fee of the semester

Performance scholarships

LBS performance scholarship (IML/BFC)

Requirements: Minimum requirement semester GA of 1.50 or below (based on first exam attempts with a minimum of 25 examined ECTS in the respective semester). Students who have failed a course and students who have received an incomplete grade will not be eligible for the LBS performance scholarship. (The scholarship cannot be combined with GMAT scholarship or LBS second degree scholarship in the first study and is only available to recipients of either the GMAT scholarship or LBS second degree scholarship in their second study year)
Benefits: 50% refund of the tuition fee of the semester

Merit Award – Austrian Federal Ministry of Science and Research
(IML/BFC/IBA)

Requirements: Minimum requirement GA of 1.75 or below over 2 consecutive semesters The student must be an Austrian Citizen. Citizens from other countries must have lived in Austria for the past five years and at least one of their parents must be a tax-payer in Austria or have refugee status according to the Geneva Convention.
Benefits: €750 – €1.500 per student (depending on the number of awards); the award is based on academic excellence.

Director’s List (IML/BFC/IBA)

Requirements: Minimum requirement semester GA of 1.25 or below (based on first exam attempts with a minimum of 25 examined ECTS in the respective semester). Students who have failed a course and students who have received an incomplete grade will not be eligible for the Director’s List.
Benefits: Names published in the Director’s List on the LBS website; Directors’ List Certificate