Economics and Finance (MEF), Master

  • Application Deadline
  • 24 months
    Duration
  • Tuition Fee
    6000 EUR/year
    Tuition fee
    6000 EUR/year
    Tuition fee
  • English
    Language

About

Master in Economics and Finance(MEF) is a two-year English-language Master's degree programme, which aims to give the student a thorough grounding in both theoretical and applied economics. It is taught at Charles University in Prague, Faculty of Social Sciences by members of the Institute of Economic Studies (IES).

The programme aims to give the student a thorough grounding in both theoretical and applied economics. We put emphasis on developing abstract analytical reasoning, which allows our graduates to solve complex economic problems in various settings. The applicants must have solid background in Mathematics and good command of English. Courses are taught both by members of the Institute of Economic Studies (IES) and external professionals from the central bank, commercial banks and business analysts. Our graduates typically assume challenging positions in banking, consulting, investment funds and public administration.

MEF is currently accepted into the CFA Institute University Recognition Program. This status is granted to institutions whose degree programs incorporate at least 70% of the CFA Program Candidate Body of Knowledge (CBOK), which provide students with a solid grounding in the CBOK and positions them well to sit for the CFA Exams. The CFA charter is the most respected and recognized financial degree in the world. Earning the CFA charter demonstrates the skills needed for investment analysis and decision making in today’s global financial industry.

Accreditation

The MEF programme is fully accredited by the Czech Ministry of Education, Youth and Sports.

Programme Structure

The MEF programme consists of 120 ECTS credits (a typical course corresponds to 4 – 6 credits). The courses are consist of the core courses (33 ECTS credits), the field elective courses (67 ECTS credits), the off-field elective courses (12 ECTS credits) and two Master’s Thesis seminars (9 ECTS credits). The core and field elective courses are taught at the Institute of Economic Studies (IES), the off-field elective courses can be taken at any department of Charles University. The courses are taught both by IES faculty and by external professionals from the central bank, the commercial banks, and from the investment and consulting companies.. Besides completing 120 ECTS credits in the pre-defined structure students must also defend their Master’s Thesis and pass the final comprehensive examination from two core subjects and two electives.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Credits
    120 ECTS
    The MEF programme consists of 120 ECTS credits (a typical course corresponds to 4–6 credits). The courses are consist of the core courses (33 ECTS credits), the field elective courses (67 ECTS credits), the off-field elective courses (12 ECTS credits), and two Master’s Thesis seminars (9 ECTS credits).
  • Languages
    • English
  • Delivery mode
    On Campus
  • More information Go to the programme website

English Language Requirements

This programme requires students to demonstrate proficiency in English.

Academic Requirements

Bachelor degree in a related field. Proven mathematical ability (GMAT or GRE preferred). Proven English-language ability (if not native speakers).

The early admissions deadline for academic year 2018/2019 is 28th February 2018. This is strongly recommended for students from non-EU or non-EFTA countries who will need a student visa in order to study in the Czech Republic.

The regular deadline is 30th April 2018. The application fee is 590 CZK (app. 22 EUR).

There will be no entrance examinations. Applicants' materials will be assessed by an admissions committee in March/May respectively. Successful applicants will be informed at the beginning of April/June respectively, so they can apply for their student visa.

StudyPortals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Masters

Tuition Fee

  • International

    6000 EUR/year
    Tuition Fee
    Based on the original amount of 6000 EUR per year and a duration of 24 months.
  • EU/EEA

    6000 EUR/year
    Tuition Fee
    Based on the original amount of 6000 EUR per year and a duration of 24 months.

Tuition fees for the MEF programme are 6 000 EUR per year. Please note that these fees cover only the cost of instruction and examinations, as well as the access to libraries and computer laboratories. It does not cover the cost of textbooks and other teaching material nor the living expenses, e. g. accommodation, meals, etc. The university provides assistance to students interested in affordable accommodation at student dormitories.

Living costs for Prague

13,900 - 19,500 CZK/month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Faculty of Social Sciences directly administers university scholarships for students from developing and transition ountries. These scholarships offer students a 50 % waiver of school fees and a one-off lump sum payment towards living costs. Students can also apply for scholarships NOT administered by Faculty of Social Sciences.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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