The Executive Academy of the Vienna University of Economics and Business (WU) has further developed and expanded the two-year Financial Market Supervisor course, offered by the joint Academy of Supervision of the Oesterreichische Nationalbank (OeNB) and the Financial Market Authority (FMA), elevating it to become the University Programme in Financial Market Supervision. Graduates successfully completing the university programme are awarded the officially recognised title of “Academic Financial Market Supervisor” by the WU Executive Academy. The first class of the programme will begin this fall.
“The global financial crisis has demonstrated with dramatic effect how important efficient and effective supervision is. The profession of the financial market supervisor has consequently achieved new recognition at both the national and international level,” FMA Executive Director Helmut Ettl stated, explaining the reasons for elevating the basic and advanced courses of study in this field to the university level involving scientific research. Fellow Executive Board member Kurt Pribil added: We are proud and pleased to have succeeded in winning as our partner the Executive Academy of the Vienna University of Economics and Business, one of the most well known and highly recognised institutions in the field worldwide. As a university programme, the course of studies is ensured of offering an integrated perspective of the entire financial market and of complying with superior scientific research standards, and an international focus of the individual courses is guaranteed.”
“Another important consideration in jointly offering the course of studies is the objective of further intensifying cooperation between the FMA and OeNB and of utilising the resulting synergy effects,” OeNB Executive Board member Andreas Ittner pointed out. “The joint course of studies will advance professionalisation of financial market supervision. Supervisors will subsequently have enhanced competence and enjoy greater acceptance, which in turn will contribute toward ensuring financial market stability.”
The two-year university programme will also be recognised as a specialisation within the curriculum of the Professional MBA programme offered by the WU Executive Academy. Initially at least, this university-level course of basic and advanced studies is primarily intended for employees of the FMA and the OeNB.
Journalists may address further enquiries to:
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0)1/24959-5106
+43/(0)676/882 49 516