The Business College („ibc“) was founded in the 1970's as a public commercial school as well as a public commercial academy in the 12th district of Vienna. At present ibc employs about 150 teachers and has a student enrollment of about 1,600.

ibc hetzendorf distinguishes itself through modern technology, practical instruction, environmental awareness and promotion of health. Additionally, an international business culture is a key element which is promoted through numerous projects and, especially, the bilingual-HAK course of study. Since 2003 ibc hetzendorf has been awarded the Austrian eco label.