Financial Literacy

Center for Financial Education

Since its formation, the promotion of financial education has been one of the core tasks of the Institute for Business Education at WU Vienna. Over the years, we have been able to work on and complete projects on the topic of financial education time and again.

The inauguration of the WU Center for Financial Education on September 12, 2023 is testament of our commitment to the future of financial education. For all the center's activities regarding financial education and financial literacy, we refer to its homepage at https://www.wu.ac.at/en/center-for-financial-education.

www.Finanznavi.gv.at

In 2024, the Institute for Business Education at WU Wien, in cooperation with the Federal Ministry of Finance and the Austrian National Bank, played a key role in creating the content for the Finanznavi.gv.at, which has been available online since September 2024 in implementation of the national financial education strategy.

Moneywise WU

In cooperation with the Jugend&Volk-Verlag (an Austrian publishing house), the Institute for Business Education promotes financial education for young people under the buzzword MoneywiseWU. This is done through factual information and many application-oriented tasks, as well as links to selected WU learnpublic educational videos at www.wu.ac.at/moneywise (in German only).

Let's talk about Money

In cooperation with the Financial Market Authority (FMA), we as the WU Center for Financial Education in our didactic series on financial education Let's talk about money (Reden wir über Geld) now provide schools, teachers and other interested people with didactic Powerpoint presentations for direct use in the classroom or wherever financial education is to be promoted about 6 times a year.

Money and Stuff

As part of the Geld und so School Package (loosely translated as Money and Stuff School Package), which is financed by ERSTE Bank, comprehensive teaching aids on current topics are published four times a year. With the help of these didactic materials, students in the 7th/8th* grades of secondary schools and the 4th/5th* grades of vocational schools are given an in-depth and critical insight into key economic topics. The first package deals with the topic Zypern in der Krise - Gründe und Auswirkungen (loosely translated as Cyprus in Crisis - Reasons and Effects).

* Approximately corresponds with 11th/12th grade in the American school system.

Finance Whiz-Kid

There are a number of current projects with subject-specific didactics that serve to promote financial education. These include the participation in the Finanz Vifzack (loosely translated as Finance Whiz-Kid) project for the Federal Ministry of Finance, whose project partners were the Austrian Economic Chamber, the Federation of Austrian Industries and the Austrian National Bank. In this project, self-study materials were developed for young people between the ages of 10 and 14 which could be used on the internet or as a cell phone app.