Vienna Business School

Also in 1907, the first Wiener Handelsakademie für Mädchen (Vienna Commercial Academy for Girls) was established in the Schönborngasse by the physicist Dr. Olga Ehrenhaft-Steindler.

Education at the Vienna Business School lasts five years, and ends with the Reife- und Diplomprüfung (Matura).

A selective admissions process and initiatives such as the 'learning club' have meant that dropout rates at the Vienna Business School usually range between 20 and 23 per cent.

[13][14] Furthermore, there is an emphasis on familiarising students with the European Union, for example through Europatage (Europe days)[15][16] or projects, as for example in the case of the HAK Floridsdorf.

[21][22] The Vienna Business Schools have a particularly good reputation in so far as their education has a project oriented, interdisciplinary focus with an emphasis on personal development, as well as putting a premium on the use of modern technologies.

[23] Liz Hull, Head of Human Resources at PricewaterhouseCoopers in Austria, states that "In our experience, those university graduates that have attended commercial academies are particularly client-focused, inquisitive and socially competent.

[25] The Vienna Business Schools has close links with major Austrian companies, such as the Raiffeisen Bank, BauMaxx (hypermarket chain), the Generali Group (insurance), and Uniqa, and multinationals such as Acer, Microsoft, Canon, and JVC.