Program Accreditation

The FIBAA (Foundation for International Business Administration Accreditation) is one of the foremost quality assurance institutions in Europe, with internationally recognized quality standards, and accredits programs of study provided by state and private universities throughout Europe. The aim of the FIBAA is to ensure the academic programs in question are of high quality. The seal of quality of the FIBAA is awarded to educational programs that are particularly worthy of being singled out due to their quality and sustainable nature.

In its accreditation procedure for assessing the quality of a course, the FIBAA verifies the following five core areas:

• Aims and strategy
• Admission procedures
• Design of the course
• Resources and services
• Quality assurance

In addition, the FIBAA seal of quality certifies that the accredited programs demonstrate all the quality traits required of an international MBA program, and it thus has the effect of enhancing the degrees awarded in terms of the international recognition accorded them. The FIBAA examines and, by conferring accreditation, certifies the international focus of the programs in accordance with the "Standards & Guidelines for Quality Assurance in the European Higher Education Area" of ENQA and the "European MBA Guidelines" of the European Quality Link (EQUAL).

The seal of quality is awarded to the Professional MBA Entrepreneurship & Innovation until 2013.

Institutional Accreditations 

The WU Executive Academy is the first and only Austrian MBA provider to receive the internationally renowned AMBA (Association of MBAs) accreditation. This is the result of a comprehensive AMBA quality evaluation process that carefully examines, among other criteria, the institution, the quality and practical relevance of the curriculum, and the qualifications of the faculty and the participants. Together with EQUIS and AACSB, AMBA is one of the world’s leading accreditation agencies, accrediting only MBA and DBA programs that meet AMBA’s strict quality requirements.

In addition the WU Vienna is the only Austrian and one of only four German-speaking universities, that is EQUIS accredited. EQUIS (European Quality Improvement System) is the leading accreditation system of the European Foundation of Management Development (EFMD).