Austria · Master's
University of Innsbruck
Master Strategic Management
University of Innsbruck
Course Overview
The Master in Strategic Management at the University of Innsbruck — a large, research-strong public university in the Austrian Alps — is a two-year, English-taught degree from a business school (SoWi faculty) that is triple-crown-oriented and internationally accredited. The programme develops advanced skills in strategy, organisation, leadership, innovation, and international management, with an emphasis on research-informed decision-making and real-world case work. Innsbruck's setting — a compact, safe, international student city surrounded by mountains — is a major draw, and its business faculty is well connected across the German-speaking business world.
The headline for Sri Lankan applicants is exceptional value: as an Austrian public university, non-EU tuition is only about €726.72 per semester (around €1,454 per year) for a fully English-taught, internationally accredited Master's in the heart of Europe. Austria grants graduates a 12-month residence permit to seek qualified work, with a Red-White-Red card / EU Blue Card pathway. The degree opens doors into consulting, corporate strategy, and management roles across the DACH region and beyond.
Entry Requirements
Academic
- check_circle A relevant Bachelor's degree in business, economics, or management (with sufficient business/management and quantitative content) and a good record — a Sri Lankan Second Class degree in a business/economics discipline is competitive.
- check_circle Applicants may need to complete supplementary examinations if certain foundational areas are missing.
- check_circle A CV and motivation letter.
- check_circle Academic transcripts assessed for equivalence to the Austrian system.
English Proficiency
- check_circle IELTS Academic: 6.5 Overall (B2/C1 level).
- check_circle TOEFL iBT: 87 Overall.
- check_circle No German required — the programme is taught fully in English.
- check_circle Waived if your prior degree was taught and assessed entirely in English — most Sri Lankan applicants from English-medium degrees qualify with an MOI letter.
Estimated Cost of Study
| Expense Category | Amount (€) | Approx. LKR |
|---|---|---|
| Tuition Fee (per year, non-EU, 2026) | €1,454 | Rs. 501,400 |
| Students' Union (ÖH) Fee (per year) | €50 | Rs. 17,250 |
| Living Expenses (per year, Innsbruck) | €12,000 | Rs. 4,140,000 |
| Total Year 1 Investment | €13,504 | Rs. 4,658,650 |
*LKR conversion based on current bank rates. Subject to change.
Career Outcomes & PR
Austria grants graduates a 12-month job-seeker residence permit, with a Red-White-Red card / EU Blue Card pathway to work and residence. Innsbruck Strategic Management graduates enter consulting, corporate strategy, business development, and management roles across the DACH region (Germany, Austria, Switzerland) and internationally — or return to leadership roles in Sri Lanka. Very low tuition combined with EU labour-market access makes this one of the best value-for-money Master's options; DACH graduate salaries commonly start €42,000–€50,000.
Related Programs
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MSc Strategy, Innovation, and Management Control
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MSc Marketing
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ඔබට සුදුසු විශ්වවිද්යාලයක් තේරීම, අයදුම්පත් යොමු කිරීම, SOP සකස් කිරීම සහ වීසා ලබා ගැනීම ඇතුළු සෑම පියවරකදීම, ඔබ වෙනුවෙන් සියලුම වගකීම් විශ්වාසවන්තව අප භාර ගනිමු.