Prague University of Economics and Business

Public university in Prague

Prague University of Economics and Business (PUEB)

Vysoká škola ekonomická v Praze (VŠE)

Type| Public
Established| 1953

Academic affiliation

| EQUIS, AMBA, AACSB
Rector| Petr Dvořák

Administrative staff

| 1,000 (of that 600 academic)
Students| About 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 / ﻿50.0840583°N 14.4411000°E﻿ / 50.0840583; 14.4411000
Website| www.vse.cz/english
The Old Building (Stará budova) of the University in Žižkov. The Vencovský Auditorium (Vencovského aula)

The Prague University of Economics and Business (PUEB) (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 14,000 students across its bachelor, master, doctoral and MBA programs. It has been considered the best business school in the Czech Republic and one of the best in Central and Eastern Europe.[1] It is also a part of the CEMS global alliance.

## History

[edit]

Vysoká škola obchodní ("Business School") was established in 1919 as a department of the Czech Technical University in Prague, specializing 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 in the aftermath of the Velvet Revolution.[2] In 2020, the international designation of the University of Economics, Prague was changed to Prague University of Economics and Business.

## Schools and campuses

[edit]

The university is composed of six faculties spread over three campuses. The main campus is situated in Žižkov, a central district of the Czech capital. The university maintains a second campus on the outskirts of the city in Jižní Město. The premises of the Faculty of Management are located about 110 km from Prague in Jindřichův Hradec.

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 Jindrichův Hradec (FM)

## Academics and ranking

[edit]

In the Times Higher Education World University Rankings 2023,[3] Prague University of Economics and Business (PUEB) was ranked 1501+ in the world.[4]

The Financial Times European Business School Rankings 2022 ranked Prague University of Economics and Business as 50th in 2020, 55th in 2021 and 62nd in 2022 in Europe.[5]

In the Eduniversal Ranking 2018,[6] Prague University of Economics and Business gained the title of best Business School in 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.[7] The CEMS Master in Management program ranked 14th worldwide in the Financial Times Ranking 2021.[8] According to the QS World University rankings, Prague University of Economics and Business has been ranked among top 251–300 under Economics and Econometrics. The Masters in Finance and Accounting program at the Prague University of Economics and Business has also been ranked among the top #101 worldwide according to QS Business Masters Rankings: Finance.

## International co-operation

[edit]

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.[9]

VŠE cooperates 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, University of Texas at Austin 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.

As of 2000, the university has been awarding the Gary Becker Prize for the best student's thesis in economics (a prize previously associated with IMADEC of Vienna).[10]

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) networks.[12]

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

[edit]

* Jan Fischer (born 1951), statistician, Prime Minister of the Czech Republic (2009–10), Minister of Finance of the Czech Republic (2013–14). Graduated 1974, completed post-graduate studies 1985.[13]
* Martin Jahn (born 1970), Czech politician and economist, Deputy Prime Minister for Economic Policy (2004–05). Graduated in 1994 with a Masters in International Trade.[14]
* Petr Kellner (1964–2021), investor, businessman (one of the USD billionaires), and owner of PPF company.[15]
* Václav Klaus (born 1941), President of the Czech Republic (2003–2013), Prime Minister of the Czech Republic (1992–97). Graduated in 1963 with a major in Foreign Trade Economics.[16]
* Valtr Komárek (1930–2013), economist and politician[17]
* Jiří Paroubek (born 1952), Prime Minister of the Czech Republic (2005–2006), Member of the Chamber of Deputies (2006–13), former chairman of Czech Social Democratic Party.[18]
* Jiří Rusnok (born 1960), politician and economist, Prime Minister of the Czech Republic (2013–2014), Minister of Finance (2001–02), Minister of Industry and Trade (2002–03), graduated in 1984.[19]
* Josef Tošovský (born 1950), Prime Minister of the Czech Republic (1997–1998), governor of the Czech National Bank (1989–1992; 1993–2000). Studied at the university from 1968 to 1973, graduated in Foreign Trade.[20]
* Zdeněk Tůma (born 1960), governor of the Czech National Bank (2000–2010) and politician. Studied at the university from 1979–83.[21]
* Miloš Zeman, Prime Minister of the Czech Republic (1998–2002), President of the Czech Republic (2013–2023). Studied from 1965–69 at the university, specialising in Economic Forecasting, and taught.[22]
* Josef Zieleniec (born 1946), Minister of Foreign Affairs of the Czech Republic (1993–97), Member of the European Parliament (2004–09). Graduated in 1974, specialising in Industrial Economics.[23]
* Laura Longauerová (born 1995), Slovak model and beauty pageant titleholder who won Miss Slovakia 2014 and Miss Universe Slovenskej Republiky 2019.
* Josef Průša (born 1990), Creator of Prusa Research.[24]
* Josef Neumann (born 1974), General Director of PepsiCo for Czechia & Slovakia & Baltics & South East Europe Franchise[25]

## References

[edit]

1. ^ "University of Economics in Prague is the best Business School in Central and Eastern Europe". Retrieved 25 August 2021.
2. ^ "History – VŠE". Retrieved 13 April 2016.
3. ^ "Times Higher Education World University Rankings 2023". timeshighereducation.com.
4. ^ "Times Higher Education World University Rankings 2023 Prague University of Economics and Business". timeshighereducation.com.
5. ^ "Financial Times European Business School Rankings 2022 Prague University of Economics and Business". ft.com.
6. ^ "Awards". eduniversal-ranking.com.
7. ^ 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.
8. ^ "The Prague University of Economics and Business Master in Management ranked 14th in the Financial Times ranking 2021". Retrieved 3 October 2020.
9. ^ "Factsheet Academic year 2021–2022". Retrieved 25 August 2021.
10. ^ "Gary Becker As Seen from Prague". Retrieved 19 March 2019.
11. ^ APSIA (11 March 2016). "Member Schools • APSIA". Retrieved 13 April 2016.
12. ^ "VŠE získala cenu Nejlepší ekonomická vysoká škola ve střední a východní Evropě". VSE v Praze. Retrieved 6 January 2012.
13. ^ "Ing. Jan Fischer". vlada.cz. Government of the Czech Republic. Retrieved 16 May 2017.
14. ^ "Martin Jahn, Head of Fleet Sales at Volkswagen Group, graduated from FIR". fir.vse.cz. University of Economics in Prague. Retrieved 16 May 2017.
15. ^ "Petr Kellner, The World's Richest People – Forbes.com". Forbes.
16. ^ "Václav Klaus". hrad.cz. Government of the Czech Republic. Retrieved 16 May 2017.
17. ^ Hayashi, Tadayuki. "̈Neo-liberals' and the Politics of Economic Transformation in the Post-Communist Czech Republic" (PDF). p. 136. Retrieved 16 May 2017.
18. ^ "Ing. Jiří Paroubek (1952)". Post Bellum. Retrieved 16 May 2017.
19. ^ "Ing. Jiří Rusnok". vlada.cz. Government of the Czech Republic. Retrieved 16 May 2017.
20. ^ "Former Governor of CNB and Prime Minister Tošovský graduated from FIR in 1973". fir.vse.cz. Retrieved 16 May 2017.
21. ^ "Zdeněk Tůma". kpmg.com. KPMG. Retrieved 16 May 2017.
22. ^ "Curriculum Vitae – Milos Zeman". hrad.cz. Government of the Czech Republic. Retrieved 16 May 2017.
23. ^ "Sketches of ministers meeting Clinton". United Press International. 5 July 1994. Retrieved 16 May 2017.
24. ^ "Josef Prusa". Forbes. Retrieved 31 August 2022.
25. ^ "Josef Neumann generálním ředitelem PepsiCo i pro jihovýchodní Evropu a vybrané středomořské země". Hospodářské noviny. 16 March 2016. Retrieved 4 October 2023.

## External links

[edit]

* 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 Prague University of Economics and Business)

* v
* t
* e

CEMS Business Schools

Africa|

* The American University in Cairo
* University of Cape Town Graduate School of Business

Asia|

* HKUST Business School
* Indian Institute of Management Calcutta
* Keio University
* Korea University Business School
* National University of Singapore
* Tsinghua University School of Economics and Management

Europe|

* Aalto University School of Business
* Bocconi University
* Copenhagen Business School
* Corvinus University of Budapest
* ESADE Business School
* HEC Paris
* Koç University
* London School of Economics and Political Science
* Louvain School of Management
* Michael Smurfit Graduate Business School
* Norwegian School of Economics
* Nova School of Business and Economics
* Prague University of Economics and Business
* Rotterdam School of Management, Erasmus University
* Saint Petersburg State University Graduate School of Management
* SGH Warsaw School of Economics
* Stockholm School of Economics
* University of Cologne
* University of St. Gallen
* Vienna University of Economics and Business

North America|

* Cornell University
* Ivey Business School

Oceania|

* University of Sydney Business School

South America|

* Adolfo Ibáñez University
* Escola de Administração de Empresas de São Paulo
* University of the Andes

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Public universities in the Czech Republic

Brno|

* Janáček Academy of Performing Arts
* Masaryk University
* Mendel University
* University of Veterinary Sciences
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Plzeň|

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Prague|

* Academy of Performing Arts (Film and TV School, Theatre Faculty)
* Academy of Fine Arts
* Czech Technical University (Faculties: Architecture, Information Technology)
* Czech University of Life Sciences (Faculty: Tropical AgriSciences)
* Charles University (Faculties: Medicine, Arts, Law, Social Sciences, Humanities, CERGE-EI, Hussite Theological, Science, Mathematics and Physics)
* University of Economics and Business (Faculties: International Relations, Informatics and Statistics)
* University of Chemistry and Technology
* Academy of Arts, Architecture and Design

Ústí nad Labem|

* Jan Evangelista Purkyně University

Zlín|

* Tomas Bata University

* v
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The Association of Professional Schools of International Affairs

* Member schools

North America|

* American University
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* Steven J. Green School of International and Public Affairs
* George Washington University
* Elliott School of International Affairs
* Georgetown University
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* Georgia Institute of Technology
* Sam Nunn School of International Affairs[1]
* Harvard University
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* Johns Hopkins University
* School of Advanced International Studies
* Pennsylvania State University
* Penn State School of International Affairs[3]
* Princeton University
* Princeton School of Public and International Affairs
* Stanford University
* Freeman Spogli Institute for International Studies
* Syracuse University
* Maxwell School of Citizenship and Public Affairs
* Texas A&M University
* The Bush School of Government and Public Service
* Tufts University
* The Fletcher School of Law and Diplomacy
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* University of Denver
* Josef Korbel School of International Studies
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* University of Minnesota
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* University of Pittsburgh Graduate School of Public and International Affairs
* University of Southern California
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* Lyndon B. Johnson School of Public Affairs
* University of Toronto
* Munk School of Global Affairs and Public Policy
* University of Washington
* Henry M. Jackson School of International Studies
* Yale University
* Yale Jackson School of Global Affairs[4]

Europe|

* Geneva Graduate Institute
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* Stockholm School of Economics
* University of St. Gallen
* Master International Affairs and Governance program
* Sciences Po
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* IE University
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Asia|

* Yonsei University
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South America|

Africa|

Oceania|

* University of Queensland

* Affiliate member schools

North America|

* Arizona State University
* Thunderbird School of Global Management
* Balsille School of International Affairs
* University of Waterloo
* Wilfrid Laurier University
* Centre for International Governance Innovation
* Baruch College
* Marxe School of Public and International Affairs
* Brandeis University
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* Carnegie Mellon University
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* George Mason University
* Schar School of Policy and Government
* New York University
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* North Carolina State University
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* Pepperdine University
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* San Francisco State University
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* Seton Hall University
* School of Diplomacy and International Relations
* University of Georgia
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* University of Miami
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* University of Oregon
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* Middlebury College
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South America|

* Universidad Austral
* Escuela de Política, Gobierno y Relaciones Internacionales
* Universidad Externado de Colombia

Europe|

* University of Trento
* School of International Studies
* Diplomatic Academy of Vienna \- Vienna School of International Studies
* Prague University of Economics and Business
* Jan Masaryk Centre for International Studies
* Institut Barcelona d'Estudis Internacionals \- IBEI
* Barcelona Centre for International Affairs
* Pompeu Fabra University
* University of Barcelona
* Autonomous University of Barcelona
* Polytechnic University of Catalonia
* Open University of Catalonia
* University of Geneva

Africa|

* Al Akhawayn University

Asia|

* ADA University
* School of Public and International Affairs
* Waseda University
* Graduate School of Asia-Pacific Studies
* Utsunomiya University
* Graduate School of International Studies
* International University of Japan
* Graduate School of International Relations
* Nanyang Technological University
* S. Rajaratnam School of International Studies
* Fudan University
* School of International Relations and Public Affairs

Oceania|

* Monash University
* Master of International Relations program
* University of Sydney

1. ^ "Association of Professional Schools of International Affairs | Sam Nunn School of International Affairs". inta.gatech.edu. Retrieved 16 July 2023.
2. ^ "Association of Professional Schools of International Affairs (APSIA) Online Graduate School Fair". Harvard FAS | Mignone Center for Career Success. 12 July 2023. Retrieved 16 July 2023.
3. ^ "APSIA Member – Penn State School of International Affairs". www.sia.psu.edu. Retrieved 16 July 2023.
4. ^ "Association of Professional Schools of International Affairs (APSIA)". Office of Career Strategy – Yale University. 7 June 2023. Retrieved 16 July 2023.

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