Study Abroad in Prague, Czech Republic - University of Economics

Study Abroad in Prague: Academics

Academic Programs

Courses include: business, Czech language, economics, finance, global studies, history, management, marketing and politics, psychology

Program Options

With professional insight and instruction by native Czech professors and business professionals, the Central and Eastern European Studies Program, taught in English, reviews the past and investigates the present and future of the developing economies, societies, politics, and languages of Central and Eastern Europe.

Depending on class schedules you may also have the opportunity to register in regular University courses taught in English (from fields such as economics, finance, marketing, trade, etc.) allowing you to immerse yourself in the community of Czech students at the University of Economics as well as improving your general academic background.

Each CESP course is 45 contacts hours and carries a recommended 3 credits. Students can take up to 4 courses.

Session/Term Credits Requirements
Fall or Spring Semester Up to 12 2.5 GPA

In a globalized world, practical experience in an international environment is an invaluable addition to classroom learning. Students in Prague may take a 3-credit International Internship, offered and accredited by Richmond, the American International University in London. Richmond is an independent, non-profit international university of liberal arts and professional studies with a student population of approximately 1,500. It is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools, one of the regional bodies recognized by the U.S. Department of Education. In addition to the U.S. degree granting authority, it has U.K. taught degree awarding powers granted by the U.K. Privy Council. It is the first university in the U.K. to have dual degree awarding powers. Students will receive credit from Richmond for the internship course. In addition to the internship, students select up to 4 courses from the Central and Eastern European Studies Program (CESP) at the University of Economics.

Interns will be engaged in different fields ranging from production, marketing, IT and administrative assistant placements with the Prague Shakespeare Company to teaching English in a local elementary school. Students may work in small or large organizations, located in different areas of the city. Students must attend interviews with suitable organizations; this is a competitive process. Final selection is always at the discretion of the organization and the Internship Program is not able to honor specific requests to join a particular organization or guarantee that students will be successful at interviewing.


The ideal internship placement is the successful combination between what an organization is seeking and the student’s skills.

Internships are arranged by the Internship coordinator, after an assessment of the student’s eligibility based on skills, interests and abilities in relation to what the organization needs. All academic aspects of the program are monitored and assessed by the Internship Coordinator and by Richmond faculty supervisors.

On the Internship Program students will:

  • Experience and participate in international, intercultural learning and friendships
  • Develop personal skills and strengths that improve confidence as well as future employment opportunities
  • Work in a different culture
  • Develop a strong résumé
  • Participate in career opportunity networking

Credit is awarded after successful completion of all aspects of the program. To receive credit, students report to their supervisor regularly. In addition to working and attending internship seminars, they submit a weekly journal recording duties and learning as well as an analysis of specified aspects of the work experience. They must also submit a final internship portfolio describing and analyzing the workplace, the industry and goals achieved. Assessment is based on the above criteria. Grades of A to F, in accordance with the University grading policy, are assigned and recorded on Richmond transcript.


Students taking the International Intership course must meet all the normal criteria for admission to Richmond, The American International University in London and have:

  • enrolled at least 45 semester credits by the time the program begins and enrolled in a full-time degree program
  • 2.75 minimum GPA for students with at least 75 semester credits; 3.0 minimum GPA for students with 45-74 semester credits (3.0 for all students seeking placements in political science)
  • a thoroughly and thoughtfully completed internship application which forms part of their portfolio
  • paid or unpaid work experience during the last two years
  • letter of reference from a former employer
  • two letters of academic reference
  • a current résumé

Completed applications will be reviewed by the Admissions Committee and students will be notified of the admissions decision.

Session/Term Credits Requirements
Academic Year, Fall or Spring Semester Up to 18 3.0 GPA*

*2.7 GPA and above will be considered on a case by case basis

AIFS Office

The AIFS Office is right in the heart of the city in one of the oldest parts of Prague conveniently located within walking distance of many shops and cultural sites. There is a student center and a computer lab in the office, with PCs for college work or leisure. Free printing is also available. Staff are always there to help with any issues that might arise.

University of Economics

The University of Economics, Prague (VŠE) is the largest public university of economics in the Czech Republic. The University celebrated its 60th anniversary in 2013.

Currently, there are almost 20,000 students at VŠE. The University is highly respected both in the Czech Republic and abroad. VŠE is ranked by the Financial Times annually and has been appraised for several years by the Eduniversal Ranking project as one of the best business schools in Central and Eastern Europe.

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, and Prof. Gary S. Becker. The classes taught at VŠE are provided by more than 700 qualified academics and business experts.

VŠE provides its students with a high-quality study environment. The University library contains more than 430,000 books and 330 journals and provides access to numerous electronic databases with e-journals and periodicals on a broad range of topics. Students may use hundreds of computer stations on campus, a wireless network, or the modern Integrated Study Information System.

VŠE graduates find employment easily in the labor market. They get important positions in both the private and public sectors with a focus on various industry fields, the banking sector, accounting and auditing, sales, marketing, or information technologies.