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University of Economics, Prague

university of economics prague, university of economics prague ranking
The University of Economics, Prague Czech: Vysoká škola ekonomická v Praze, VŠE, also called Prague School of Economics is an economics and business-oriented public university located in Prague, Czech Republic It is the largest university in the field of economics, business and information technology in the Czech Republic, with almost 20,000 students across its bachelor, masters and doctoral programmes


  • 1 History
  • 2 Schools and campuses
  • 3 Academics and ranking
    • 31 Graduates
    • 32 Research and academic activities
    • 33 International rankings
  • 4 International co-operation
  • 5 Notable alumni
  • 6 References
  • 7 External links


Vysoká škola obchodní "Business School" was established in 1919 as a department of the Czech Technical University in Prague, specialising in wholesale trade, banking and the organization of industrial companies In 1949 the Vysoká škola politických a hospodářských věd University of Political and Economic Sciences was established, which was finally renamed the University of Economics in 1953 The University underwent a significant reform in 1989 after the Velvet Revolution1

Schools and campusesedit

The university is composed of six faculties, spread over three campuses The main campus is in Žižkov, in Prague A secondary campus is found in Jižní město on the outskirts of the city The Faculty of Management is located separately from the others at its own campus in Jindřichův Hradec, 110 kilometres away from Prague

The six faculties of the university are:

  • Faculty of Finance and Accounting FFA Fakulta financí a účetnictví
  • Faculty of International Relations FIR Fakulta mezinárodních vztahů
  • Faculty of Business Administration FBA Fakulta podnikohospodářská
  • Faculty of Informatics and Statistics FIS Fakulta informatiky a statistiky
  • Faculty of Economics FEPA Národohospodářská fakulta
  • Faculty of Management in Jindrichuv Hradec FM Fakulta managementu v Jindřichově Hradci

Academics and rankingedit


Undergraduate students typically receive their Bachelor of Science BSc degree after 6 semesters of completed coursework and a successful defence of their bachelor thesis

The majority of VŠE graduates follow a career in the private sector 88% graduates in 2009citation needed 79% of graduates remain in Prague after graduation Of graduates of the Faculty of International Relations, 10% of the students are offered international placements upon graduation2 According to a 2011 study, VŠE graduates are the most sought after in the Central European region3 Within the Czech Republic, several of the university's faculties ranked highly, including the Faculty of International Relations #1 nationally, Faculty of Informatics and Statistics #3, Faculty of Business Administration #4 and Faculty of Economics #5 Admission to the University and most of its programmes is highly competitive; for example, the Faculty of International Relations has a 12%-30% admissions rate4

Graduate students typically receive their MSc degree Ing after further 4 semesters of completed coursework and a successful defense of their master's thesis PhD candidates have to hold a master's degree upon enrollment into the program anywhere in the Czech Republic and the PhD program is typically 4 years in length

Research and academic activitiesedit

Since 2000, the university has invested heavily into research and research facilities, with its new main research facility completed in 20055 Speakers at the University have included EU High Representative Catherine Ashton, several representatives from the Czech government as well as the president,which, Helen Diaz of the World Bank, Winfried Vahland, and the OECD Secretary General;who in addition, around 70 visiting faculty come to teach at VŠE each year

The university is the main venue for the largest educational project in the country, the Prague Student Summit, comprising Model UN, Model EU and Model NATO6

International rankingsedit

In 2010, The Financial Times ranked VŠE #73 among business schools, the second highest ranked business school of the Post-Communist countries in Europe7

At the Eduniversal awards in 2008, VŠE was named "1st Business School in Eastern Europe",8 and in the top 27 business schools in the world The ranking was based on a survey of deans of business schools around the world9

In an informal ranking of best business school websites by the Cybermetrics Lab 2010, VŠE's website was ranked in sixth place

The Faculty of Business Administration FBA has been accredited by the European Quality Improvement System EQUIS, the first business school in the Czech Republic and fourth in Central and Eastern Europe10

International co-operationedit

Over 400 students spend a semester abroad every year, at institutions including Duke University Fuqua School of Business, Copenhagen Business School, University of St Gallen, and Vienna University

14% of students are foreign nationals, typically from other European Union member states, the United States and East European countriescitation needed In 2010/2011, VŠE cooperated with 159 partner universities, including Sciences Po Paris, Universität zu Köln, Tilburg University, Stockholm School of Economics, University of St Gallen, London School of Economics, Tel Aviv University, University of Queensland, McGill University, Duke University and University of North Carolina at Chapel Hill The school issues a number of international degrees, including joint and double degrees Each year, around 60 visiting professors come to teach at the university, and more than 90 courses are taught in English

The university is a member of the Global Alliance in Management Education CEMS, Association of Professional Schools of International Affairs APSIA,11 and Partnership in International Management PIM networks9

In addition, over 430 students from institutions overseas come to VŠE each semester In 2005, a new International Learning Center was established as part of expansion of university premises Courses for these students are run in Czech, English, German, French and Russian languages

Notable alumniedit

  • Jan Fischer, former Minister of Finance of the Czech Republic; former Prime Minister of the Czech Republic
  • Zdeněk Tůma, governor of the Czech National Bank 2000–2010, politician
  • Petr Kellner, investor, businessman one of the USD billionaires, owner of PPF company12
  • Václav Klaus, former President of the Czech Republic 2003-2013, former chairman of the Civic-Democratic Party and Prime Minister of the Czech Republic
  • Josef Tošovský, Prime Minister of the Czech Republic 1997–1998, governor of the Czech National Bank 1989–1992 and 1993–2000
  • Miloš Zeman, Prime Minister of the Czech Republic 1998-2002, President of the Czech Republic 2013-2018
  • Martin Jahn, Czech politician and economist
  • Jiří Paroubek, Prime Minister of the Czech Republic 2005–2006, former chairman of Czech Social Democratic Party
  • Josef Zieleniec, Member of the European Parliament
  • Valtr Komárek, economist and politician
  • Jiří Rusnok, politician and economist, Prime Minister of the Czech Republic 2013–2014, former Minister of Finance, Minister of Industry and Trade


  1. ^ "History - VŠE" Retrieved 13 April 2016 
  2. ^ "Zpravodaj VŠE "Anketa absolventů magisterských studijních programů " - VŠE" Retrieved 13 April 2016 
  3. ^ Lidove Noviny Newspaper
  4. ^ SIR Admissions 2007 | VŠE
  5. ^ s3z, Jiří Sáček "Rajská budova VŠE Praha" Retrieved 13 April 2016 
  6. ^ "Prague Student Summit" Association for International Affairs Retrieved 1 January 2012 
  7. ^ "Business school rankings from the Financial Times - FTcom" Retrieved 13 April 2016 
  8. ^ "VŠE Bulletin "Academic Year 2010/2011 at VŠE " - VŠE" Retrieved 13 April 2016 
  9. ^ a b "VŠE získala cenu Nejlepší ekonomická vysoká škola ve střední a východní Evropě" VSE v Praze Retrieved 6 January 2012 
  10. ^ wwwvsecz, University of Economics in Prague "The Faculty of Business Administration FBA has been Ranked among the Top 1% of Business Schools in the World, such as the HEC Paris or the London Business School! | Faculty of Business Administration" fbavsecz Retrieved 2017-03-23 
  11. ^ APSIA "Member Schools APSIA" Retrieved 13 April 2016 
  12. ^ "Petr Kellner, The World's Richest People - Forbescom" Forbes 

External linksedit

  • University website
  • Virtual Economic Library Econlib website
  • ISIS VŠE Information system for students and teachers
  • iList Independent student magazine and web
  • Economix Student magazine
  • Unie studentů VŠE Students' Union of the University of Economics in Prague

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