The University of Economics, Prague (VŠE) is the biggest public university of economics in the Czech Republic.
The university was celebrating its 60th anniversary in 2013. VŠE has six faculties offering applicants a broad spectrum of study fields and branches in Bachelor’s, Master’s and Doctoral degree study programs. Five faculties are located in the center of Prague – the Faculty of Finance and Accounting, the Faculty of International Relations, the Faculty of Business Administration, the Faculty of Informatics and Statistics and the Faculty of Economics. The Faculty of Management is located in the town of Jindřichův Hradec. Studies at VŠE meet the requirements of the European Credit Transfer and Accumulation System (ECTS).
Currently, there are almost 20,000 students at VŠE. The number of applicants considerably exceeds the university’s capacity every year, thus entrance is competitive. VŠE offers Bachelor’s degree study branches in Czech, English, and Russian; Master’s degree study branches are offered in Czech and English. Since 2007, there has been a Center for Handicapped Students at VŠE.
The university is highly appraised both in the Czech Republic and abroad. From 2009 to 2013, VŠE has been certified with the “ECTS label” and “DS Label” by the European Commission thanks to correct implementation of the credit system. Both certificates confirm the credibility of VŠE in terms of partnerships with universities abroad. VŠE is ranked by the Financial Times annually and has already been appraised for several years by the Eduniversal Ranking project as one of the best “business schools” in Central and Eastern Europe. Two Master’s degree programs have been certified with EPAS accreditation by the European Foundation for Management Development (EFMD).
Many significant Czech and foreign economists have obtained the university’s honoris causa title; these include, for instance, the Nobel Prize winners Prof. Robert A. Mundell, Prof. Milton Friedman, or Prof. Gary S. Becker. The classes taught at VŠE are guaranteed and provided by more than 700 qualified academics and business experts. Besides the specialized courses, VŠE stresses foreign language studies. VŠE students can take classes of English, German, French, Russian, Italian, Portuguese, Spanish, Swedish, Chinese, and Arabic.