Prague University of Economics and Business

The Prague University of Economics and Business (originally: the University of Economics, Prague; Czech: Vysoká škola ekonomická v Praze, VŠE) 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 15 000 students across its bachelors, masters, doctoral and MBA programmes.

Prague University of Economics and Business
Vysoká škola ekonomická v Praze (VŠE)
TypePublic
Established1953
Academic affiliation
AACSB, CEMS, PIM, ERASMUS, EQUIS
RectorHana Machková
Administrative staff
1,000 (of that 600 academic)
StudentsAbout 14 000 students
Address
Nám. W. Churchilla 4, 130 67 Praha 3
,
Prague
,
Czech Republic

50°5′2.61″N 14°26′27.96″E
Websitewww.vse.cz/english
The Old Building (Stará budova) of the University in Žižkov.
The Rajská Building of the University in Žižkov.
The Vencovský Auditorium (Vencovského aula)

History

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 Revolution.[1] In 2020, the University of Economics, Prague was renamed in English - new brand name of VŠE in English is Prague University of Economics and Business.

Schools and campuses

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)
  • Faculty of International Relations (FIR)
  • Faculty of Business Administration (FBA)
  • Faculty of Informatics and Statistics (FIS)
  • Faculty of Economics (FEPA)
  • Faculty of Management in Jindrichuv Hradec (FM)

Academics and ranking

In the annual Eduinversal ranking 2018[2] the Prague University of Economics and Business (VŠE) gained a title of the best Business School in the Eastern Europe.

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 Europe.[3] The Prague University of Economics and Business Master in Management ranked 22nd worldwide in the pertinent Financial Times ranking 2020.[4]

International co-operation

Over 1000 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 countries. In 2010/2011, VŠE cooperated with 250 partner universities, including Sciences Po Paris, University of Cologne, 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.

Since 2000 the Gary Becker Prize for the best student's thesis in economics (a prize previously associated with IMADEC of Vienna) was awarded at the university.[5]

The university is a member of the Global Alliance in Management Education (CEMS), Association of Professional Schools of International Affairs (APSIA),[6] and Partnership in International Management (PIM) networks.[7]

In addition, over 1100 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 alumni

References
  1. "History - VŠE". Retrieved 13 April 2016.
  2. "Awards". eduniversal-ranking.com.
  3. www.vse.cz, 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". fba.vse.cz. Retrieved 23 March 2017.
  4. "The Prague University of Economics and Business Master in Management ranked 22th in the Financial Times ranking 2020". Retrieved 3 October 2020.
  5. "Gary Becker As Seen from Prague". Retrieved 19 March 2019.
  6. APSIA. "Member Schools • APSIA". Retrieved 13 April 2016.
  7. "VŠE získala cenu Nejlepší ekonomická vysoká škola ve střední a východní Evropě". VSE v Praze. Retrieved 6 January 2012.
  8. "Ing. Jan Fischer". vlada.cz. Government of the Czech Republic. Retrieved 16 May 2017.
  9. "Martin Jahn, Head of Fleet Sales at Volkswagen Group, graduated from FIR". fir.vse.cz. University of Economics in Prague. Retrieved 16 May 2017.
  10. "Petr Kellner, The World's Richest People – Forbes.com". Forbes.
  11. "Václav Klaus". hrad.cz. Government of the Czech Republic. Retrieved 16 May 2017.
  12. Hayashi, Tadayuki. "̈Neo-liberals' and the Politics of Economic Transformation in the Post-Communist Czech Republic" (PDF). p. 136. Retrieved 16 May 2017.
  13. "Ing. Jiří Paroubek (1952)". Post Bellum. Retrieved 16 May 2017.
  14. "Ing. Jiří Rusnok". vlada.cz. Government of the Czech Republic. Retrieved 16 May 2017.
  15. "Former Governor of CNB and Prime Minister Tošovský graduated from FIR in 1973". fir.vse.cz. Retrieved 16 May 2017.
  16. "Zdeněk Tůma". kpmg.com. KPMG. Retrieved 16 May 2017.
  17. "Curriculum Vitae – Milos Zeman". hrad.cz. Government of the Czech Republic. Retrieved 16 May 2017.
  18. "Sketches of ministers meeting Clinton". United Press International. 5 July 1994. Retrieved 16 May 2017.

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