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The Prague University of Economics and Business (PUEB) (originally: ''the University of Economics, Prague''; '' cs, Vysoká škola ekonomická v Praze, VŠE'') is a triple crown accredited economics and business-oriented public
university A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United Stat ...
located in
Prague Prague ( ; cs, Praha ; german: Prag, ; la, Praga) is the capital and largest city in the Czech Republic, and the historical capital of Bohemia. On the Vltava river, Prague is home to about 1.3 million people. The city has a temperate ...
,
Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
. It is the largest university in the field of economics, business and information technology in the
Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
, with 14,000 students across its bachelor, master, doctoral and MBA programs. It is considered the best business school in the Czech Republic and one of the best in Central and Eastern Europe. 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 Czech Technical University in Prague (CTU, cs, České vysoké učení technické v Praze, ČVUT) is one of the largest universities in the Czech Republic with 8 faculties, and is one of the oldest institutes of technology in Central Europe. It ...
, specializing in
wholesale Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. I ...
trade,
banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...
, 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 The Velvet Revolution ( cs, Sametová revoluce) or Gentle Revolution ( sk, Nežná revolúcia) was a non-violent transition of power in what was then Czechoslovakia, occurring from 17 November to 28 November 1989. Popular demonstrations agains ...
. 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 110km 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

In the ''Eduniversal Ranking 2018'', Prague University of Economics and Business (PUEB) 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 The EFMD Quality Improvement System (EQUIS) is an international school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development (EFM ...
(EQUIS), the first business school in the Czech Republic and fourth in Central and Eastern Europe. The CEMS Master in Management program ranked 14th worldwide in the ''Financial Times Ranking 2021''. 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 Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist Jam ...
(
Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and ...
),
Copenhagen Business School Copenhagen Business School (Danish'': Handelshøjskolen i København'') often abbreviated and referred to as CBS (also in Danish), is a public university situated in Copenhagen, Denmark and is considered one of the most prestigious business scho ...
, University of St. Gallen, and
Vienna University The University of Vienna (german: Universität Wien) is a public research university located in Vienna, Austria. It was founded by Duke Rudolph IV in 1365 and is the oldest university in the German-speaking world. With its long and rich histor ...
. VŠE cooperates with 250 partner universities, including
Sciences Po Paris , motto_lang = fr , mottoeng = Roots of the Future , type = Public research university'' Grande école'' , established = , founder = Émile Boutmy , accreditation ...
,
University of Cologne The University of Cologne (german: Universität zu Köln) is a university in Cologne, Germany. It was established in the year 1388 and is one of the most prestigious and research intensive universities in Germany. It was the sixth university to ...
,
Tilburg University Tilburg University is a public research university specializing in the social and behavioral sciences, economics, law, business sciences, theology and humanities, located in Tilburg in the southern part of the Netherlands. Tilburg University h ...
, Stockholm School of Economics, University of St. Gallen,
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 milli ...
,
Tel Aviv University Tel Aviv University (TAU) ( he, אוּנִיבֶרְסִיטַת תֵּל אָבִיב, ''Universitat Tel Aviv'') is a public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Locate ...
,
University of Queensland , mottoeng = By means of knowledge and hard work , established = , endowment = A$224.3 million , budget = A$2.1 billion , type = Public research university , chancellor = Peter Varghese , vice_chancellor = Deborah Terry , city = B ...
,
McGill University McGill University (french: link=no, Université McGill) is an English-language public research university located in Montreal, Quebec, Canada. Founded in 1821 by royal charter granted by King George IV,Frost, Stanley Brice. ''McGill Univer ...
,
Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist Jam ...
,
University of Texas at Austin The University of Texas at Austin (UT Austin, UT, or Texas) is a public research university in Austin, Texas. It was founded in 1883 and is the oldest institution in the University of Texas System. With 40,916 undergraduate students, 11,075 ...
and
University of North Carolina at Chapel Hill A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United State ...
. The school issues a number of international degrees, including joint and
double degree A double degree program, sometimes called a dual degree, combined degree, conjoint degree, joint degree or double graduation program, involves a student's working for two university degrees in parallel—either at the same institution or at diffe ...
s. 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 Gary Stanley Becker (; December 2, 1930 – May 3, 2014) was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of ...
Prize for the best student's thesis in economics (a prize previously associated with IMADEC of Vienna). The university is a member of the Global Alliance in Management Education (CEMS), Association of Professional Schools of International Affairs (APSIA), and Partnership in International Management (PIM) networks. 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

* Jan Fischer (born 1951), statistician,
Prime Minister of the Czech Republic The prime minister of the Czech Republic ( Czech: ''Předseda vlády České republiky'') is the head of the government of the Czech Republic. The prime minister is the de-facto leader of the executive branch, chairs the Cabinet and selects its ...
(2009–10), Minister of Finance of the Czech Republic (2013–14). Graduated 1974, completed post-graduate studies 1985. * 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. *
Petr Kellner Petr Kellner (20 May 1964 – 27 March 2021) was a Czech billionaire entrepreneur, the founder and majority shareholder (98.93%) of the PPF Group. At the time of his death, he had an estimated net worth of $17.5 billion, making him the wealth ...
(1964–2021), investor, businessman (one of the USD
billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busi ...
s), and owner of PPF company. *
Václav Klaus Václav Klaus (; born 19 June 1941) is a Czech economist and politician who served as the second president of the Czech Republic from 2003 to 2013. From July 1992 until the dissolution of Czechoslovakia in January 1993, he served as the second ...
(born 1941),
President of the Czech Republic The president of the Czech Republic is the head of state of the Czech Republic and the commander-in-chief of the Armed Forces of the Czech Republic. The president mostly has ceremonial powers as the day-to-day business of the executive govern ...
(2003–2013),
Prime Minister of the Czech Republic The prime minister of the Czech Republic ( Czech: ''Předseda vlády České republiky'') is the head of the government of the Czech Republic. The prime minister is the de-facto leader of the executive branch, chairs the Cabinet and selects its ...
(1992–97). Graduated in 1963 with a major in Foreign Trade Economics. *
Valtr Komárek Valtr Komarek (10 August 1930 – 16 May 2013) was a Czech economist, forecaster and politician. A participant in the Velvet Revolution in 1989, Komárek subsequently entered politics a part of the Czech Social Democratic Party (ČSSD), leading t ...
(1930–2013), economist and politician *
Jiří Paroubek Jiří Paroubek (; born 21 August 1952) is a Czech politician, who was the prime minister of the Czech Republic from April 2005 to August 2006. He was also the leader of the Czech Social Democratic Party (ČSSD) from 2006 until his resignation f ...
(born 1952),
Prime Minister of the Czech Republic The prime minister of the Czech Republic ( Czech: ''Předseda vlády České republiky'') is the head of the government of the Czech Republic. The prime minister is the de-facto leader of the executive branch, chairs the Cabinet and selects its ...
(2005–2006), Member of the
Chamber of Deputies The chamber of deputies is the lower house in many bicameral legislatures and the sole house in some unicameral legislatures. Description Historically, French Chamber of Deputies was the lower house of the French Parliament during the Bourbon R ...
(2006–13), former chairman of
Czech Social Democratic Party The Czech Social Democratic Party ( cs, Česká strana sociálně demokratická, ČSSD, ) is a social-democratic political party in the Czech Republic. Sitting on the centre-left of the political spectrum and holding pro-European views, it is a ...
. *
Jiří Rusnok Jiří Rusnok (born 16 October 1960) is a Czech people, Czech politician and economist who served as the prime minister of the Czech Republic between June 2013 and January 2014. From 2016 to 2022 he served as the governor of the Czech National Ba ...
(born 1960), politician and economist,
Prime Minister of the Czech Republic The prime minister of the Czech Republic ( Czech: ''Předseda vlády České republiky'') is the head of the government of the Czech Republic. The prime minister is the de-facto leader of the executive branch, chairs the Cabinet and selects its ...
(2013–2014), Minister of Finance (2001–02), Minister of Industry and Trade (2002–03), graduated in 1984. * Josef Tošovský (born 1950),
Prime Minister of the Czech Republic The prime minister of the Czech Republic ( Czech: ''Předseda vlády České republiky'') is the head of the government of the Czech Republic. The prime minister is the de-facto leader of the executive branch, chairs the Cabinet and selects its ...
(1997–1998), governor of the Czech National Bank (1989–1992; 1993–2000). Studied at the university from 1968 to 1973, graduated in Foreign Trade. *
Zdeněk Tůma Zdeněk Tůma (born 19 October 1960) is a Czech economist, who was the Governor of the Czech National Bank from 1 December 2000 to 30 June 2010. He had previously served as Vice Governor of the Bank from 13 February 1999 to 30 November 2000. Car ...
(born 1960), governor of the Czech National Bank (2000–2010) and politician. Studied at the university from 1979–83. *
Miloš Zeman Miloš Zeman (; born 28 September 1944) is a Czech politician serving as the third and current President of the Czech Republic since 2013. He previously served as the Prime Minister of the Czech Republic from 1998 to 2002. As leader of the Cze ...
,
Prime Minister of the Czech Republic The prime minister of the Czech Republic ( Czech: ''Předseda vlády České republiky'') is the head of the government of the Czech Republic. The prime minister is the de-facto leader of the executive branch, chairs the Cabinet and selects its ...
(1998–2002),
President of the Czech Republic The president of the Czech Republic is the head of state of the Czech Republic and the commander-in-chief of the Armed Forces of the Czech Republic. The president mostly has ceremonial powers as the day-to-day business of the executive govern ...
(2013–present). Studied from 1965–69 at the university, specialising in Economic Forecasting, and taught. * Josef Zieleniec (born 1946), Minister of Foreign Affairs of the Czech Republic (1993–97),
Member of the European Parliament A Member of the European Parliament (MEP) is a person who has been elected to serve as a popular representative in the European Parliament. When the European Parliament (then known as the Common Assembly of the ECSC) first met in 1952, its ...
(2004–09). Graduated in 1974, specialising in Industrial Economics. *
Laura Longauerová Laura Longauerová (born 30 August 1995) is a Slovak model and beauty pageant titleholder who was crowned Miss Slovensko 2014 and Miss Universe Slovenskej Republiky 2019. She represented Slovakia at the Miss World 2014 competition and also repre ...
(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.


References


External links


University website



ISIS VŠE
(Information system for students and teachers)
iList
(Independent student magazine and web)

(Student magazine)
Unie studentů VŠE
(Students' Union of the Prague University of Economics and Business) {{DEFAULTSORT:Economics, Prague, University Of Prague University of Economics and Business Educational institutions in Prague Educational institutions established in 1919 Universities of economics in Europe Žižkov 1919 establishments in Czechoslovakia