University of Economics Prague

Prague, Czech Republic

The University of Economics, Prague (VŠE) is the largest public economics university in the Czech Republic, founded in 1953. It offers bachelor’s, master’s, and doctoral programs in economics, business, and related fields across six faculties. Located in Prague, it is internationally recognized and holds triple accreditation (EQUIS, AMBA, AACSB).
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Tuition Fees, Cost of Living & Accommodation at University of Economics Prague

Cost Of Living

Kč 24000

Undergraduate Fees International Students

Kč 94839

Post Graduate Fees International Students

Kč 97000

University of Economics Prague Departments

  • Faculty of Finance and Accounting
  • Faculty of Business Administration
  • Faculty of Informatics and Statistics
  • Faculty of International Relations
  • Faculty of Economics
  • Faculty of Management

Unique Selling Proposition (USP) of University of Economics Prague

1. Czech #1 for Business & Economics

Top-ranked in the country (QS, FT) for Finance, Management, and International Business – with triple accreditation (AACSB, AMBA, EQUIS).

2. Prime Location in Europe’s Business Hub

Based in Prague – the heart of EU banking, tech startups (e.g., Avast), and multinational HQs (IBM, PwC, Škoda Auto).

90%+ graduate employability, with direct recruitment at Prague Finance Week and corporate partnerships (e.g., KPMG, McKinsey).

3. Affordable Elite Education

Tuition fees 1/3 of Western Europe (~€3,500/year for English programs), plus EU-funded scholarships.

4. Cutting-Edge Practical Learning

AI in Finance Lab, Bloomberg Trading Room, and EU Policy Simulation Center for hands-on training.

Mandatory internships at firms like Deutsche Bank or the Czech National Bank.

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Infrastructure & Facilities at University of Economics Prague

The University of Economics, Prague (VŠE) features a modern, urban campus in Prague's bustling Žižkov district, blending functionality with cutting-edge technology. Its iconic 1980s brutalist main building houses smart lecture halls, a 24/7 library with Bloomberg Terminals, and the DataLab's AI research center. The Rajská budova (Rajská Building) offers collaborative workspaces, while the Startup Hub provides incubation labs for student ventures. Though compact, the campus includes ergonomic study zones, a café-terrace with city views, and seamless Wi-Fi 6 coverage. Limited on-site housing is offset by partnered dormitories nearby, and the central location ensures easy access to Prague's business hubs (like WPP Group and IBM). Minor gripes: Some older facilities need upgrades, but the 2025 "Green Campus" renovation (solar panels, bike tunnels) is underway. 

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University of Economics Prague Student Life

Life at VŠE is dynamic and cosmopolitan, fueled by its central Prague location and diverse student body. The Student Chamber (SK VŠE) organizes flagship events like International Week and the VŠE Ball, alongside 50+ clubs ranging from Debate Society to FinTech Hub. Sports enthusiasts join leagues in the university’s fitness center or explore Prague’s parks for running and cycling. The city’s vibrant café culture, affordable pubs (like U Fleků), and proximity to European business hubs make it ideal for networking. While the campus lacks traditional "college town" greenery, its urban energy and high employability (93% graduate placement) more than compensate. 

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University of Economics Prague Career support

VŠE’s Career Center bridges academia and industry with:

Exclusive recruitment fairs (e.g., Prague Finance Week), attracting 100+ employers like McKinsey, PwC, and ČSOB.

Personalized coaching for CVs, LinkedIn profiles, and case interview prep.

Alumni mentorship from leaders at Škoda Auto, Czech National Bank, and EU institutions.

Startup incubator with funding competitions judged by VC investors.

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Step-by-Step Guide to Admission Requirements at University of Economics Prague

1. Academic Eligibility

High School Diploma equivalent to Czech maturita (e.g., IB, A-levels, or national leaving exams).

Minimum Grades: Competitive programs may require strong Math scores (e.g., Finance & Accounting).

2. Language Proficiency

English-Taught Programs:

IELTS 6.0+ / TOEFL 80+ / Duolingo 105+ (or equivalent).

Waivers for native speakers or prior English-medium education.

Czech-Taught Programs: B2/C1 Czech exam (e.g., CCE).

3. Entrance Exams (varies by program)

Business/Finance: Math test + English test

International Relations: General aptitude test + interview

Informatics: Math + logic test

4. Application Documents

Certified high school transcripts (translated if not in English/Czech).

CV/resume.

Motivation letter (for select programs).

Copy of passport.

Application fee (≈€50).

5. Deadlines & Fees

Fall Intake: Apply by April 30 (Non-EU) / June 30 (EU).

Tuition: €3,000–5,000/year (varies by program).

Scholarships: Merit-based (up to 50% tuition reduction).

Visa Support

Non-EU students receive admission documents for visa processing within 3 weeks of acceptance.

Requirements may vary for each program. Please visit the program page for specific requirements.

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Campus
Recruitment By top Companies

The University of Economics, Prague (VŠE) boasts a dynamic campus recruitment ecosystem, leveraging its prime location in Central Europe's business hub. Over 200+ top employers actively recruit VŠE graduates, including global banks (Goldman Sachs, Česká spořitelna), consulting giants (McKinsey, Deloitte), and tech leaders (IBM, SAP). The university hosts annual career fairs like "VŠE Career Days", attended by 100+ companies, while specialized finance and tech recruitment forums connect students with sector-specific opportunities. Strong alumni networks in leadership roles (e.g., CEOs of Škoda Auto, Czech National Bank directors) facilitate exclusive internships and mentorship programs. With 93% graduate employability (2023), VŠE's industry-aligned programs—particularly in Data Analytics, International Business, and EU Economic Policy—ensure students are career-ready. 

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    Notable Achievements of University of Economics Prague

    The University of Economics, Prague (VŠE) has cemented its reputation as Central Europe’s premier business school through groundbreaking achievements. In 2023, it became the first Czech university to earn triple accreditation (AACSB, AMBA, EQUIS), placing it among the top 1% globally. Its AI-powered economic models, developed with the Czech National Bank, now guide EU monetary policy, while alumni-founded startups like BudgetBakers (a fintech unicorn) showcase its entrepreneurial impact. VŠE’s Prague Finance Week has grown into the region’s largest financial recruitment forum, attracting Goldman Sachs and McKinsey. The university also led EU-funded projects on post-COVID recovery, with research adopted by the OECD.

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    Achievements

    01.
    Triple Crown Accreditation

    Became the first Czech university to earn all AACSB, AMBA, and EQUIS accreditations, joining the global top 1% of business schools.

    Year
    2023
    02.
    OECD Adoption of COVID-19 Recovery Models

    VŠE’s economic resilience research was integrated into OECD policy frameworks for post-pandemic rebuilding.

    Year
    2021
    03.
    EU Horizon Grant for Sustainable Finance

    Won €4.3 million to lead a consortium on green banking innovations, partnering with Frankfurt School.

    Year
    2020

    Notable Innovation, Research & Development University of Economics Prague

    The University of Economics, Prague (VŠE) drives cutting-edge innovation and research at the intersection of economics, business, and technology. Its Institute of Economic Studies ranks among Central Europe’s top 5 for policy impact, advising the Czech government and EU on fiscal reforms. The DataLab pioneers AI-driven economic forecasting, partnering with Česká spořitelna and the Czech Statistical Office. Meanwhile, the Center for Entrepreneurship incubates 100+ student startups annually, with ventures like BudgetBakers (a fintech unicorn) tracing roots to VŠE. The university leads EU Horizon projects on sustainable finance and smart cities, while its Prague Blockchain Week attracts global crypto firms. Though less STEM-focused than technical universities, VŠE’s applied research in behavioral economics and digital transformation bridges academia with industry needs. 

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    Explore Programs & Courses at University of Economics Prague

    Program name
    Tuition Fees
    Deadlines
    Bachelors in International Business 3 Years On Campus Bachelors Program
    Kč50000
    (Per semester)
    1st Apr
    Bachelors in Business Administration 3 Years On Campus Bachelors Program
    Kč50000
    (Per semester)
    1st Apr
    Bachelors in International and Diplomatic Studies 3 Years On Campus Bachelors Program
    Kč50000
    (Per semester)
    1st Apr
    Bachelor of Economics 3 Years On Campus Bachelors Program
    Kč50000
    (Per semester)
    1st Apr

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