Vienna Master's Scholarship

The Vienna Master's Scholarship is offered by International Business School (IBS) to applicants for Master's programmes at the Vienna campus. The scholarship provides a 10-35% discount on the first payment of tuition fees based on academic achievement. Eligible applicants must have completed a Bachelor's degree with a CGPA between 3.00-4.00 (out of 4.00) or equivalent of 75-100% average in other educational systems. Additionally, applicants must demonstrate strong English proficiency with IELTS 7.0 or TOEFL 94 (iBT) or equivalent, and submit a motivation letter of at least 200 words. The discount percentage is tiered according to academic performance: 35% for CGPA of 4.0, 30% for 3.80-3.99, 25% for 3.60-3.79, 20% for 3.40-3.59, 15% for 3.20-3.39, and 10% for 3.00-3.19. Applications are approved by the Rector and the decision is final with no appeal process.