Prague University of Economics and Business explained

Prague University of Economics and Business (PUEB)
Native Name:Vysoká škola ekonomická v Praze (VŠE)
Established:1953
Rector:Petr Dvořák
City:Prague
Country:Czech Republic
Coor:50.0841°N 14.4411°W
Type:Public
Students:About 14 000 students
Administrative Staff:1,000 (of that 600 academic)
Address:Nám. W. Churchilla 4, 130 67 Praha 3
Academic Affiliation:EQUIS, AMBA, AACSB

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

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

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:

Academics and ranking

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

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

External links

Notes and References

  1. Web site: University of Economics in Prague is the best Business School in Central and Eastern Europe. 25 August 2021.
  2. Web site: History – VŠE. 13 April 2016.
  3. Web site: Times Higher Education World University Rankings 2023. timeshighereducation.com.
  4. Web site: Times Higher Education World University Rankings 2023 Prague University of Economics and Business. timeshighereducation.com.
  5. Web site: Financial Times European Business School Rankings 2022 Prague University of Economics and Business. ft.com.
  6. Web site: Awards. eduniversal-ranking.com.
  7. Web site: 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]. www.vse.cz. University of Economics in Prague. fba.vse.cz. 2017-03-23.
  8. Web site: The Prague University of Economics and Business Master in Management ranked 14th in the Financial Times ranking 2021. 2020-10-03.
  9. Web site: Factsheet Academic year 2021–2022 . 25 August 2021.
  10. Web site: Gary Becker As Seen from Prague . 19 March 2019.
  11. Web site: Member Schools • APSIA. APSIA. 11 March 2016 . 13 April 2016.
  12. Web site: VŠE získala cenu Nejlepší ekonomická vysoká škola ve střední a východní Evropě. VSE v Praze. 6 January 2012.
  13. Web site: Ing. Jan Fischer. vlada.cz. Government of the Czech Republic. 16 May 2017.
  14. Web site: Martin Jahn, Head of Fleet Sales at Volkswagen Group, graduated from FIR. fir.vse.cz. University of Economics in Prague. 16 May 2017.
  15. News: Petr Kellner, The World's Richest People – Forbes.com. Forbes .
  16. Web site: Václav Klaus. hrad.cz. Government of the Czech Republic. 16 May 2017.
  17. Web site: Hayashi. Tadayuki. and the Politics of Economic Transformation in the Post-Communist Czech Republic. 16 May 2017. 136.
  18. Web site: Ing. Jiří Paroubek (1952). Post Bellum. 16 May 2017.
  19. Web site: Ing. Jiří Rusnok. vlada.cz. Government of the Czech Republic. 16 May 2017.
  20. Web site: Former Governor of CNB and Prime Minister Tošovský graduated from FIR in 1973. fir.vse.cz. 16 May 2017.
  21. Web site: Zdeněk Tůma. kpmg.com. KPMG. 16 May 2017.
  22. Web site: Curriculum Vitae – Milos Zeman. hrad.cz. Government of the Czech Republic. 16 May 2017.
  23. News: Sketches of ministers meeting Clinton. 16 May 2017. United Press International. 5 July 1994.
  24. Web site: Josef Prusa . 2022-08-31 . Forbes . en.
  25. News: Josef Neumann generálním ředitelem PepsiCo i pro jihovýchodní Evropu a vybrané středomořské země . 4 October 2023 . Hospodářské noviny . 2016-03-16.

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