The Institute of Science and Technology (IST) located in Klosterneuburg, Austria offers a fully funded PhD program in Physics. An initial stage of rotations and cross-disciplinary coursework encourages broad exposure to important scientific approaches and problems, allowing students to lay a solid foundation for intensive research in the second phase of the PhD program. Phase 2 research areas include atomic molecular and optical physics, theoretical condensed matter physics and quantum dynamics, mathematical physics, as well as biophysics, and other experimental research areas. Students are fully funded and receive an internationally competitive salary.