MK/IN/IB 395 - Supervised Business Internship Seminar

The business internship offers first-hand experience and involvement in Austrian economic organizations, businesses and service organizations engaged in Vienna, Austria. The experiential work component of the internship is supplemented by a seminar which explores fundamental aspects of European and Austrian business approaches. Students will be exposed to nonprofit and for profit management practices in various Austrian small and medium sized businesses. In the corresponding class students discuss the differences of business practices between America and Austria. Class content includes seminars and presentations on the European Union and its enlargement, financial systems, International organizations such as the World Trade Organization, the importance of trade organizations; management practices, lobbying as well as marketing.

Students will explore Vienna by participating in excursions and management talks to the many outstanding businesses and institutions engaged in above mentioned fields. Placements include but are not limited to the areas of start-ups, accounting, finance and economy (mergers and acquisitions) real estate, public relations and marketing & sales a.o.

The Internships vary depending upon the nature of the business and/or organization as well as the department in which the intern will work, though most of the work will consist of assigned projects and research. The individual internship programs are to be agreed upon by the intern and the job supervisor by means of a mutual pre-selection process at the beginning of the semester.