Funding for the Training of Federal Employees in the Financial Sector

The funding initiative supports part-time study places in the Bachelor’s and Master’s degree programs in Tax Management at FH Campus Wien, specifically for federal employees in the finance sector. The aim is to complement the internal academic education offerings and to enable training at the level of certified public accountants. A grant of €6,970 is awarded per study year and study place. Up to 36 Bachelor’s and 30 Master’s students are funded, with tuition fees recognized as eligible expenses. The measures apply year-round and are aimed at those offices in Vienna that wish to offer their employees advanced qualifications in tax law and business-related fields.

A prerequisite for approval is the written notification of the offered Bachelor’s and Master’s degree programs as well as a list of participating students, each before August 1 of a given year. Eligible applicants are educational institutions in cooperation with the Federal Ministry of Finance. In addition to the program description and student data, an invoice for the required funding must be submitted. The funding is granted as a direct subsidy and is automatically extended until the allocated budget is exhausted. Through this continuous support, a sustainably consolidated financial administration with well-trained professionals is to be ensured in the long term.