WU Executive Academy Vienna University of Economics and Business WU Executive Academy Nordbergstrasse 15 | 1090 Vienna | Tel: +43 (1) |

Agenda PAGE 2 WU ViennaWU Executive AcademyOverview MBA/MBL/LLM ProgramsExecutive MBA (Global)Professional MBA

PAGE 3 WU Vienna (Vienna University of Economics and Business) in numbers:  > 26,000 students (50% female students)  23% international students from over 100 countries  > 700 incoming and > 600 outgoing exchange students  12 academic departments  14 research institutes  8 WU international summer universities  > 200 partner universities worldwide  438 academics including 80 full-time professors WU Vienna - Europe’s Largest Business University

WU Vienna Four Areas of High-level Education PAGE 4 WU Undergraduate School Graduate School WU Executive Academy WU Expert Center for Research and Consulting

WU Vienna Accreditations & Rankings PAGE 5 EQUIS and AMBA Accreditations  WU Executive Academy holds both EQUIS (European Quality Improvement System) and AMBA (Association of MBAs) accreditation  WU Executive Academy is one of only two universities in the German-speaking world with both accreditations Financial Times Rankings  Master in International Management Program  # 16 worldwide  # 2 in German-speaking countries  CEMS Master in International Management Program  # 1 overall rank worldwide  # 1 in international faculty  # 2 in value for money

Agenda PAGE 6 WU ViennaWU Executive AcademyOverview MBA/MBL/LLM ProgramsExecutive MBA (Global)Professional MBA

WU Executive Academy Business Units PAGE 7 The WU Executive Academy operates in two business units. Each year as many as 3,500 executives, experts and high potentials from over 50 countries graduate from our programs.

Strong International Focus: Programs on 4 Continents PAGE 8 Brussels Paris Frankfurt Milan Vienna Bucharest St. Petersburg Mumbai Shanghai New York Boston Beijing Chicago Minneapolis UAE Gulf Region Spain Cairo Vancouver

WU Executive Academy is situated in MOYA „Museum of Young Art“ PAGE 9

New WU Campus in PAGE 10 WU Executive Academy Tower WU Campus

Agenda PAGE 11 WU ViennaWU Executive AcademyOverview MBA/MBL/LLM ProgramsExecutive MBA (Global)Professional MBA

MBA/MBL/LLM Programs PAGE 12 Executive MBA (EMBA Global) Vienna and Bucharest Part-time 14 months General ManagementEnglish 5 years work experience Executive MBA (EMBA PGM) Vienna Part-time 24 months General ManagementGerman 5 years work experience Professional MBA (PMBA) Vienna Part-time months Business Core plus 10 Specializations in a given Industry or Function English/German 3 years work experience Master of Laws (MBL/LLM) Vienna MBL: part-time, 15 months LLM: part-/full-time, 12/24 months MBL: Corporate Law LLM: Intern. Tax Law MBL: German LLM: English MBL: Graduates in Law LLM: Graduates

World-renowned Faculty Members PAGE 13 Our faculty consists of world-renowned professors from WU Vienna and other leading universities. A selection of our faculty:  Prof. Sonnenberg, Harvard University, USA  Prof. Rankine, Thunderbird Graduate School of Business, USA  Prof. Kwok, University of South Carolina, USA  Prof. Caliendo, Carlson School of Management, USA  Prof. Hayes, Leeds University, UK  Prof. Hisrich, Thunderbird Graduate School of Business, USA  Prof. Pitt, Segal Graduate School of Business, Canada  Prof. Sluss, Moore School of Business, USA  Prof. Lages, Universidade Nova Lisboa, Portugal  Prof. Franke, WU Vienna, Austria  Prof. Stahl, WU Vienna, Austria  Prof. Dockner, WU Vienna, Austria

Blended Modular Program Structure PAGE 14 Our MBA programs are part-time and consist of consecutive modules. Each module has a 3-tier structure consisting of a pre,- core – and post-module.

Our MBAs are internationally accredited by the most prestigious Accreditation Agencies PAGE 15 European Quality Improvement System (EQUIS), Europe Association of MBAs (AMBA), UK The Association to Advance Schools of Business (AACSB), USA Foundation for International Business Administration Accreditation (FIBAA), Germany EMBA (Global): AACSB, EQUIS, AMBA, FIBAA EMBA (Bucharest): EQUIS, AMBA EMBA (PGM): EQUIS, AMBA, FIBAA PMBA: EQUIS, AMBA, FIBAA (only the specializations E&I, F&C MBL/LLM: EQUIS *

Top-Ranked MBA Programs PAGE 16 FT Executive MBA Ranking 2009 Executive MBA (Global): # 41 Worldwide # 13 International Course Experience # 16 International Students # 18 Work Experience # 37 Career Progress # 13 in Europe # 5 in German-Speaking Countries FT European Business School Ranking 2009 Executive MBA (Global): # 34 in Europe Ziarul Financiar MBA Ranking Romania Executive MBA (Bucharest): # 1 in 2010 # 2 in 2009 # 1 in 2008 Handelsblatt MBA Ranking 2006 Executive MBA (Global): Among top 50 MBA programs worldwide Frankfurter Allgemeine Zeitung Executive MBA Ranking 2005 Executive MBA (Global) # 1 in terms of alumni satisfaction in Germany, Austria and Switzerland

Participants by Industries PAGE 17 % MBA PARTICIPANTS

Participants by Functions PAGE 18 % MBA PARTICIPANTS

Agenda PAGE 19 WU ViennaWU Executive AcademyOverview MBA/MBL/LLM ProgramsExecutive MBA (Global)Professional MBA

Executive MBA (Global) PAGE 20 Your advantages: 2 degrees: University of Minnesota and WU Vienna 3 international residencies: Asia, Europe, USA 4 accreditations: AACSB, AMBA, EQUIS, FIBAA 14 months: only 40 days away from your workplace 2 large international alumni networks Focus on:  General management  Globalization strategy  Financial management Target group:  Current and future C-level managers  Board Members Partner University: Carlson School of Management, University of Minnesota Academic Director Prof. Bodo B. Schlegelmilch Duration: Part-time, 14 months, 14 modules Venue: Vienna International Residencies: Russia; China & India; USA Language: English Contact: +43 (1) Academic Director Prof. Bodo B. Schlegelmilch Duration: Part-time, 14 months, 14 modules Venue: Vienna International Residencies: Russia; China & India; USA Language: English Contact: +43 (1)

Executive MBA (Bucharest) PAGE 21 Focus on:  General management  Globalization strategy  Financial management Target group:  Current and future C-level managers  Board Members  Area- and Department Heads  Entrepreneurs Academic Director Prof. Bodo B. Schlegelmilch Duration: Part-time, 14 months, 14 modules Venue: Bucharest International Residencies: Vienna; Minneapolis Language: English Contact: +43 (1) Academic Director Prof. Bodo B. Schlegelmilch Duration: Part-time, 14 months, 14 modules Venue: Bucharest International Residencies: Vienna; Minneapolis Language: English Contact: +43 (1) Your advantages: # 1 MBA Program in Romania International faculty, Double Accreditation Your advantages: # 1 MBA Program in Romania International faculty, Double Accreditation

Executive MBA (PGM) PAGE 22 Focus on:  General management  Organizational behavior  Change management  Human resource management Target group:  Current and future C-level managers  Board Members  Area- and Department Heads Academic Director Prof. Helmut Kasper Duration: Part-time, 61 Days, 10 Modules Venue: Vienna International Residency: Spain Language: German Contact: +43 (1) Academic Director Prof. Helmut Kasper Duration: Part-time, 61 Days, 10 Modules Venue: Vienna International Residency: Spain Language: German Contact: +43 (1) Your advantages: Highly interactive didactic design Development of personality Average Age of participants: 42 years Your advantages: Highly interactive didactic design Development of personality Average Age of participants: 42 years

Agenda PAGE 23 WU ViennaWU Executive AcademyOverview MBA/MBL/LLM ProgramsExecutive MBA (Global)Professional MBA

Professional MBA with 10 Specialization Options PAGE 24 in German

Professional MBA Banking PAGE 25 Specialization modules focus on:  Bank-, risk- and asset management  Financial markets and institutions  Strategy in financial intermediation Target group:  High potentials, managers and executives in banks, pension funds, asset management institutions and specialized IT- companies  Supervisory authorities and consultants  Executives from financial institutions Your Network and Advisory Board (selection):  Dr. Walter Rothensteiner (CEO, RZB AG)  Prof. Ewald Nowotny (Govenor, Österreichische Nationalbank)  Dr. Johann Strobl (Member of the Managing Board and Chief Risk Officer, RZB AG)  Dr. Rupert Dollinger (Former Head of HR, Erste Group Bank AG) Academic Director Prof. Stefan Pichler Duration: Part-time, 18 months (51 days, 20 modules) & Master Thesis Venue: Vienna Language: English Contact: +43 (1) Academic Director Prof. Stefan Pichler Duration: Part-time, 18 months (51 days, 20 modules) & Master Thesis Venue: Vienna Language: English Contact: +43 (1)

Professional MBA Energy Management Specialization modules focus on:  Energy economics  Global energy markets & strategies management  Energy regulation and trading  Renewable energy Target group:  Executives and technical professionals of governmental/non- governmental energy companies  Industry professionals (middle- and top-management) in all forms of energy management  Professionals in intern. organizations (OPEC, OECD, IAEA etc.)  Professionals in international financial institutions (researchers, analysts etc.) Your Network and Advisory Board (selection):  Dr. Majid Al-Moneef, Governor of Saudi Arabia to OPEC  Dr. Heinz Leuenberger, Director, ECB, UNIDO  Dr. Adnan Shihab-Eldin, Former Acting Secretary General, OPEC  DI Rainer Wieltsch, Head of OMV AG Supervisory Board PAGE 26 Academic Director Prof. Jonas Puck Duration: Part-time, 15 months (5 modules á 10 days) Venue: Vienna International Residency: Gulf Region Language: English Contact: +43 (1) Academic Director Prof. Jonas Puck Duration: Part-time, 15 months (5 modules á 10 days) Venue: Vienna International Residency: Gulf Region Language: English Contact: +43 (1)

Professional MBA Entrepreneurship & Innovation Specialization modules focus on:  Sources -, strategy- and marketing of innovation  Innovation management  Entrepreneurial leadership  Financing and controlling of innovation Target group:  Current or future executives (innovation leaders)  Engineers, scientists and specialists in product marketing or product controlling with managerial experience Your Network and Advisory Board (selection):  Dr. Boris Nemsic, CEO, VimpelCom, Russia  Dr. Ferdinand Piech, Chairman of the Supervisory Board, VW AG  Prof. Eric von Hippel, MIT Sloan School of Management  DI Hannes Bardach, CEO Frequentis Partner University: TU Vienna PAGE 27 Academic Director Prof. Nikolaus Franke Prof. Sabine Köszegi Duration: Part-time, 18 months (51 days, 21 modules) & Master Thesis Venue: Vienna International Residency: Boston (USA) Language: English Contact: +43 (1) Academic Director Prof. Nikolaus Franke Prof. Sabine Köszegi Duration: Part-time, 18 months (51 days, 21 modules) & Master Thesis Venue: Vienna International Residency: Boston (USA) Language: English Contact: +43 (1)

Professional MBA Finance & Controlling Specialization modules focus on:  Accounting  Corporate finance  Controlling Target group:  Future CFOs  Practitioners in controlling and finance  Finance management specialists  Consultants  High potentials Co-operation Partner Austrian Controller Institute (Österreichisches Controller Institut, ÖCI) PAGE 28 Academic Director Prof. Stefan Bogner Prof. Werner Hoffmann Prof. Gerhard Speckbacher Duration: Part-time, 20 months (53 days, 31 modules) & Master Thesis Venue: Vienna International Residency: Vancouver (Canada) Language: English Contact: +43 (1) Academic Director Prof. Stefan Bogner Prof. Werner Hoffmann Prof. Gerhard Speckbacher Duration: Part-time, 20 months (53 days, 31 modules) & Master Thesis Venue: Vienna International Residency: Vancouver (Canada) Language: English Contact: +43 (1)

Professional MBA Marketing & Sales Specialization modules focus on:  Brand management and communication  Managing sales channels  Controlling of marketing expenditure  Customer relations  Enhancing sales performance Target group:  Executives with a successful career in marketing and sales who see the MBA as an important next step in enhancing and updating their knowledge and skills  High potentials who have developed a successful career in other areas but see their future in marketing and sales and therefore seek the relevant specialized expertise  Entrepreneurs who want to promote their business with the help of state-of-the-art marketing and sales know-how PAGE 29 Academic Director Prof. Barbara Stöttinger Duration: Part-time, 18 months (51 days, 21 modules) & Master Thesis Venue: Vienna Language: English Contact: +43 (1) Academic Director Prof. Barbara Stöttinger Duration: Part-time, 18 months (51 days, 21 modules) & Master Thesis Venue: Vienna Language: English Contact: +43 (1)

Professional MBA Project & Process Management Specialization modules focus on:  Methods in project- and process management  Organizational design in project management  Social competencies in project management  Project-costs, -risk management and discontinuities  International project management approaches (PRINCE2)  Preparation for IPMA or PMI standards Target group:  Project-, program - and process managers  Managers of project and process-oriented companies  Project and process management consultants and trainers Co-operation Partner ROLAND GAREIS CONSULTING (RGC) PAGE 30 Academic Director Prof. Roland Gareis Duration: Part-time, 18 months (51 days, 24 modules) & Master Thesis Venue: Vienna and Bucharest International Residency: Paris (France) Language: English Contact: +43 (1) Academic Director Prof. Roland Gareis Duration: Part-time, 18 months (51 days, 24 modules) & Master Thesis Venue: Vienna and Bucharest International Residency: Paris (France) Language: English Contact: +43 (1)

Professional MBA Tourism Management Specialization modules focus on:  Consumer behavior and psychology in tourism and leisure  Tourism services production  Tourism marketing intelligence  Strategic marketing for destination marketing organizations Target group:  Executives with experience in tourism or the service industry  High potentials who have developed a successful career in other areas, but see their future in tourism management  Entrepreneurs who want to promote their business with the help of state-of-the-art tourism and management know-how Partner University: MODUL University Vienna PAGE 31 Academic Director Prof. Karl Wöber Duration: Part-time, 18 months (51 days, 25 modules) & Master Thesis Venue: Vienna Language: English Contact: +43 (1) Academic Director Prof. Karl Wöber Duration: Part-time, 18 months (51 days, 25 modules) & Master Thesis Venue: Vienna Language: English Contact: +43 (1)

Professional MBA Health Care Management Specialization modules focus on:  Health economics and politics  Health care management  Management of social dimension  Basic legal structures Who should attend:  Professionals in health care organizations  Future executives of health care organizations  Potential Chief of Medicine or Medical Superintendent PAGE 32 Academic Director Prof. Johannes Steyrer Duration: Part-time, 24 months (65 days, 30 modules) & Master Thesis Venue: Vienna Language: German Contact: +43 (1) Academic Director Prof. Johannes Steyrer Duration: Part-time, 24 months (65 days, 30 modules) & Master Thesis Venue: Vienna Language: German Contact: +43 (1)

Professional MBA Public Auditing Specialization modules focus on:  Finance and accounting  Economy in the public sector  Auditing process  Legal Target group:  Auditors Co-operation Partner Austrian Court of Audit (Rechnungshof) PAGE 33 Academic Director Prof. Gabriel Obermann Duration: Part-time, 18 months (62 days, 31 modules) & Master Thesis Venue: Vienna Language: German Contact: +43 (1) Academic Director Prof. Gabriel Obermann Duration: Part-time, 18 months (62 days, 31 modules) & Master Thesis Venue: Vienna Language: German Contact: +43 (1)

Professional MBA Social Management Specialization modules focus on:  Economic and political environment in social service organizations  Business administration for social services with a focus on management of non-profit organizations  Social issues and social work  Human needs and social systems Target group:  Current and future managers in non-profit- and social- organizations PAGE 34 Academic Director Prof. Michael Meyer Duration: Part-time, 24 months (52 days, 28 modules) & Master Thesis Venue: Vienna and Salzburg Language: German Contact: +43 (1) Academic Director Prof. Michael Meyer Duration: Part-time, 24 months (52 days, 28 modules) & Master Thesis Venue: Vienna and Salzburg Language: German Contact: +43 (1)

MBA Admission Criteria & Student Data PAGE 35 Admission criteria:  Undergraduate degree (equivalent to B.A. degree)  Minimum of 3 to 5 years of relevant work experience  Proficiency in written and spoken English  Personal admission interview EMBA Global - average class profile:  Age: 38 years  Work experience: 13 years  International students: 60%  Class size: 30 – 40 participants  Male: 70% / female: 30% PMBA - average class profile:  Age: 37 years  Work experience: 12 years  International students: 38 %  Class size: 30 – 40 participants  Male: 66% / female: 34%

MBA Programs - Application Process Diversity among our students is an integral part of the quality of our MBA programs. We select our MBA students with great care, considering their academic background, skills, motivation and working experience. PAGE 36

WU EXECUTIVE ACADEMY Nordbergstrasse 15, 1090 Vienna, Austria T + 43 (1) SEITE 37