Fall 2027 intake open · Expert call ₹355 →

VisaEduLoans - Dream | Plan | Achieve

🇦🇹 1–2 years · October (winter semester

Masters in Economics in Austria

A master's in Economics covers micro and macro theory, econometrics and applied fields such as development, finance and policy. Here is how studying it in Austria works for Indian students — universities and costs in rupees, eligibility, careers and work rights.

  • 2 universities compared
  • From ₹31 lakh – ₹32 lakh
  • Intakes: October (winter semester
  • Post-study work

Talk to an expert

Check your eligibility

A counsellor replies on WhatsApp with your checklist and next steps

By continuing you agree to be contacted by Visa Edu Loans on WhatsApp and phone about your enquiry. We never share your details. Privacy

Prefer WhatsApp? Message us directly

Quick answer

Masters in Economics in Austria: what does it cost and is it worth it?

A master's in Economics in Austria usually takes 1–2 years. On our list, 2 universities offer it, with total costs from ₹31 lakh – ₹32 lakh (Vienna) to ₹35 lakh – ₹36 lakh (WU Vienna). After graduating: residence permit of up to 12 months to look for work after graduation.

Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk

Official sources: OeAD — Study in Austria

Masters in Economics in Austria at a glance

Duration
1–2 years
Tuition (international)
≈ €730 – €1,500 per semester at public universities for non-EU students
Living costs
≈ €1,000 – €1,300 per month
Typical budget
₹10–16 lakh per year
Intakes
October (winter semester, main), March (summer semester)
English tests
IELTS, TOEFL or an equivalent accepted by the university
GRE / GMAT
GRE/GMAT is asked by some business and economics programs
Post-study work
Residence permit of up to 12 months to look for work after graduation

Overview

Why study Economics in Austria?

A master's in Economics covers micro and macro theory, econometrics and applied fields such as development, finance and policy.

Austria offers low public-university tuition, vienna regularly tops global quality-of-life rankings and strong engineering, physics and economics programs.

Universities

Universities for Economics in Austria

Sorted by total cost for the whole program, in rupees.

Universities for Economics in Austria
UniversityCityTuition a yearTotal in ₹
ViennaVienna€1,500₹31 lakh – ₹32 lakh
WU ViennaVienna€1,500₹35 lakh – ₹36 lakh

Specialisations

Popular Economics specialisations

Econometrics

Offered as a track or elective set at many universities in Austria.

Development Economics

Offered as a track or elective set at many universities in Austria.

Financial Economics

Offered as a track or elective set at many universities in Austria.

Public Policy

Offered as a track or elective set at many universities in Austria.

Behavioural Economics

Offered as a track or elective set at many universities in Austria.

Eligibility

Entry requirements

Usual expectations — each university sets its own minimums.

Get this checklist on WhatsApp
  • Bachelor's: BA/B.Sc in Economics
  • Bachelor's: B.Sc in Maths or Statistics
  • Bachelor's: B.Tech/B.Com with strong maths
  • Prerequisite: Calculus
  • Prerequisite: Statistics
  • Prerequisite: Intermediate micro and macro economics
  • English: IELTS, TOEFL or an equivalent accepted by the university
  • GRE/GMAT: GRE/GMAT is asked by some business and economics programs

Careers

Careers after Economics in Austria

Careers after Economics in Austria
Common rolesSkills employers look for
Economic AnalystEconometrics
Data / Research AnalystStata / R / Python
Policy AnalystPolicy analysis
ConsultantResearch writing
Quantitative ResearcherEconometrics

FAQs

Frequently asked questions

Still have a question?

Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).

It can be, if cost, university and career plan line up. Austria offers low public-university tuition. Typical roles afterwards include Economic Analyst, Data / Research Analyst and Policy Analyst.

On our list: Vienna and WU Vienna.

From ₹31 lakh – ₹32 lakh at Vienna up to ₹35 lakh – ₹36 lakh, including living and one-time costs.

Most universities accept BA/B.Sc in Economics, b.Sc in Maths or Statistics and b.Tech/B.Com with strong maths, with calculus, statistics and intermediate micro and macro economics, plus IELTS, TOEFL or an equivalent accepted by the university.

Residence permit of up to 12 months to look for work after graduation. During your studies: up to 20 hours a week.

Talk to an expert

Talk to a counsellor today

Share your profile — we reply with a checklist and next steps. Expert consultations over call start at ₹355.

Mon–Sat, 9 AM–6 PM IST

Request a call back

By continuing you agree to be contacted by Visa Edu Loans on WhatsApp and phone about your enquiry. We never share your details. Privacy

Prefer WhatsApp? Message us directly
Call WhatsApp Loan check Expert ₹355