That's what we call some student organizations in Germany / Austria.
This label could mean anything in a range all the way from "old boys club vibes" or "somewhat antifeminist" to "holds beliefs of objective racial superiority". It is a bit of a broad brush...
Heh, Austria is somewhat richer (due to having escaped Communism), but as far as corruption in politics goes, a Balkan country.
They were banned by Hitler as part of the general totalitarianism against non-Party organisations.