Annual Report 2018
Strategy and Organization
2018 was an eventful year at WU. Our rector was confirmed for a second term, and in addition to a few changes to the Rector’s Council team, she plans to draft a comprehensive digitalization strategy for WU. A new University Board was appointed and a budget increase of 17% will allow us to recruit new faculty members.
Top Marks for WU in 2018
EQUIS reaccreditation, outstanding ranking results, and awards for WU faculty members in 2018 confirm WU’s high quality standards in research and teaching once again. WU’s good reputation is in part thanks to the high quality of WU’s teaching. WU’s faculty are committed to teaching and enjoy using innovative teaching methods, and national and international awards each year are the reward. WU’s researchers make a significant contribution to our university’s success in rankings and accreditation proceedings. They work in international teams, investigate complex issues, and publish groundbreaking papers in renowned international journals in their fields.
Dialog with the Public
WU’s researchers are always on the cutting edge and provide the business community, society, and political decision makers with important findings. Making this knowledge more easily understandable and accessible to the general public is a key part of our mission. WU often invites prominent international guests to speak on campus, giving students the opportunity to experience political decision makers and experts from the business community first-hand.
Fostering Potential, Learning from Diversity
WU sees diversity as an enrichment, an opportunity, and a resource, which is why we encourage diversity among our students, faculty, and staff. Ensuring a positive working atmosphere is very important to WU. The active participation of all our employees and their feedback are key in our efforts to constantly improve working conditions at WU.
Expanding Our International Program Portfolio
As a university, it’s our responsibility to impart state-of-the-art knowledge to our students. To stay current, we update and develop our program portfolio on a regular basis.
WU’s triple accreditation status and excellent performance in international rankings confirm the high quality of our teaching. Not content with resting on our laurels, however, we are always striving to improve and implement quality control measures on a regular basis.
Researchers in the Spotlight
WU researchers are very active in their respective scientific communities, and are involved in many national and international research projects. The work of many of our researchers is of considerable practical relevance. We introduce our researchers and their projects to the public on a regular basis to make their work visible to a wider audience.
In recent years, WU has established itself as a world leader in the field of cryptoeconomics. Our expertise is in demand in research, the business community, government, and the public.
Open-Minded and Cosmopolitan
We have a worldwide network of partner universities spanning the globe, with partners in 55 countries and on all continents. Within this network we encourage a high level of student and faculty mobility, conclude research partnerships, and develop joint academic programs like the Joint International Summer University programs, double degree programs, the Vienna Innovation ProgramWU, and the brand new Central Europe Connect joint certificate program.
In today’s environment of austerity packages and cuts to public funding, it is essential for universities in particular to consider alternative financing options. Fundraising is becoming increasingly important for WU: Only with the support of our sponsors and donors can many additional projects be financed, especially in research and teaching, which are crucial for maintaining the university’s excellence and strengthening its international reputation.