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University of Economics in Prague

University of Economics, Prague
Vysoká škola ekonomická v Praze
Seal of VŠE
Type Public
Established 1919
Rector Prof. Ing. Hana Machková, CSc.
Administrative staff
1,150 (of that 720 academic)
Students 19,441
Address Nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic, Europe, Prague, Czech Republic
50°5′2.61″N 14°26′27.96″E / 50.0840583°N 14.4411000°E / 50.0840583; 14.4411000Coordinates: 50°5′2.61″N 14°26′27.96″E / 50.0840583°N 14.4411000°E / 50.0840583; 14.4411000
Nickname VŠE, Prague School of Economics
Affiliations APSIA, ERASMUS, CEMS , PIM, EQUIS
Website www.vse.cz

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.

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.

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:

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 2009). 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 graduation. According to a 2011 study, VŠE graduates are the most sought after in the Central European region. 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 rate.


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