M.A. Business and Law in International Markets

Anglo-American University | Prague, Czech Republic
Join a professional class of students who have prepared themselves to be leaders and strategic decision makers in international business. Today’s markets require more than business savvy, and that’s why AAU’s Master of Arts in Business and Law in International Markets program guides students through an exceptional, interdisciplinary curriculum.
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Description of Business and Law in International Markets

Join a professional class of students who have prepared themselves to be leaders and strategic decision makers in international business. Today’s markets require more than business savvy, and that’s why AAU’s Master of Arts in Business and Law in International Markets program guides students through an exceptional, interdisciplinary curriculum.

Students will become decisive thinkers in economics, finance, international business law and management. AAU knows that the most versatile business students today will be the best decision makers tomorrow.

The best students at AAU can study for free! We provide scholarships based on academic achievement measured by a student’s Grade Point Average (GPA). Your GPA is calculated cumulatively from the beginning of your studies at AAU. To be eligible for the Merit-Based Scholarship, you must have already completed two full-time semesters and have taken at least 4 courses the previous semester. The level of your GPA then determines the tuition discount as shown in the table below. Typically, over 11% of our degree-seeking students receive this scholarship.

Detailed Course Facts

Application deadline Any time of the year
Tuition fee
  • EUR 5100 Year (Non-EEA)
  • EUR 5100 Year (EEA)

Total: 276000 CZK

*Non-EEA should pay an additional out-of-state fee between 93-168 EUR.

CZK 4.500 (approx. 168 Euro for Fall & Spring semester)CZK 2.500 (approx. 93 Euro for Winter & Summer semester)

Start date February  2016, October  2016
Credits (ECTS) 120 ECTS
Duration full-time 24 months
Delivery mode On Campus
Educational variant Full-time
Intensity Flexible

Course Content

The program requires 120 ECTS credits (60 US credits) and may be completed by full-time students in two years.

Required Courses in Economics and Finance

Code / Course / ECTS Credits / US Credits

  • ECO500 International Economics - Trade and Competitiveness - 6 /3
  • ECO620 Political Economy of European Integration -6 /3
  • ECO640 Organizational Theory and Design -6/ 3
  • FIN510 International Finance -6 /3
  • FIN541 Corporate Finance in Global Environments -6/ 3
  • POL580 International Political Economy -6/ 3

Required Courses in Business Administration

Code / Course / ECTS Credits / US Credits

  • MGT510 Management and Communication in Global Environments -6 /3
  • MGT641 Business Strategies and Global Competition -6/ 3
  • MGT681 International Operations Management -6/ 3

Required Courses in Law

Code / Course / ECTS Credits / US Credits

  • LBS510 Business Law -6 /3
  • LBS540 Law of Business Contracts- 6/ 3
  • LBS610 EU Law -6 /3
  • LBS640 Protection of Economic Competition -6 /3


  • MGT700 Thesis Seminar -6 /3


Code / Course / ECTS Credits / US Credits

  • ACC511 International Accounting and Reporting -6/3
  • BUS649 Internship -6/ 3
  • CIS561 Management Information Systems -6 /3
  • ECO512 East Asian Markets: China and Japan -6 /3
  • ECO562 Economics of Transition, Restructuring and Development -6 /3
  • ECO570 Public Economics -6 /3
  • ECO565 Environmental Economics -6 /3
  • FIN640 Banking-6 /3
  • FIN660 Financial Risk Management -6/ 3
  • FRE100 French I -6/ 3
  • FRE200 French I-6 /3
  • LBS550 Labor Law- 6 /3
  • LBS641 European Consumer Protection Law-6 /3
  • LBS642 Protection of Intellectual Property-6/3
  • MGT535 Entrepreneurship-6 /3
  • MGT551 Human Resource Management in International Environments-6/ 3
  • MGT566 Methods of Business Negotiation and Dispute Resolution-6/ 3
  • MGT580 Sustainable Enterprise Management-6/ 3
  • MGT631 Global Strategy: Innovations and Design-6 /3
  • MGT682 Global Sourcing Operations -6 /3
  • MKT518 International Marketing-6/ 3
  • MKT675 Marketing Research and Global Markets Analysis -6/ 3
  • Special Topics -6 /3

Final Exams

In order to graduate, students must pass a final, State Examination conducted by a panel of faculty, including one thesis opponent.

State exams consisting of the presentation and defense of an original master’s thesis, and an oral examination based on required subjects in economics, finance, management, and law.

Study Abroad

AAU actively participates in the ERASMUS/SOCRATES exchange program with over 30 EU university partners. Additional exchanges exist with universities in North America, Australia, and Asia. These exchange programs enable students to partially complete their studies in another country. Ask your advisor for more information on what ERASMUS opportunities might apply for this program.

Requirements for Business and Law in International Markets

To apply for a master's degree program at Anglo-American University, applicants must submit a complete Application Form and all documents listed below:

  • Notarized copy of an bachelor’s undergraduate degree;
  • Essay
  • Official transcript confirming accredited undergraduate degree
  • Two Letters of Recommendation
  • Application fee of 500 CZK*
  • Any of the minimum qualifying English language test scores below (applies to non-native English speakers only):
    • TOEFL (550 on paper-based test, 213 on computer-based, 80 on Internet-based)
    • CPE (B)
    • IELTS (7)

When the complete application package has been recieved, applicants will be invited to an interview (conducted in person or by phone).

Non-native English speakers meeting all requirements except for English proficiency (TOEFL score 500 - 525) may be provisionally admitted to AAU for one semester, after a successful interview; full acceptance is subject to the student's score in an English language test at the end of the first semester.

Applicants who do not meet the required language test score can be accepted into our one-semester Intensive Academic English Program.

Work Experience for Business and Law in International Markets

No work experience is required.

More Information


The M.A. in Business and Law in International Markets was accredited by the Czech Republic Ministry of Education, Youth and Sports on February 17, 2009 (code number N6227 – 6208T172) thereby qualifying graduates to apply for postgraduate study programs at private and public universities in the Czech Republic and other EU countries, the United States, Canada, and many other countries around the world.

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Anglo-American University, Czech Republic

Czech Republic Located in the visually stunning Thurn-Taxis Palace in Prague's historic Malá Strana, Anglo-American University (AAU) is the oldest private institution of higher education in the Czech Republic. AAU offers students small class sizes, interactive study programs, flexible schedules, and dynamic instructors from top schools all around the world (including Cambridge, Harvard, Stanford and Yale). Its watchwords are the pursuit of excellence, respect for individual interests, and presenting an open, international environment to students from over 60 countries worldwide.

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