The University of Finance and Administration Prague

Prague, Czech Republic
In cooperation with City University of Seattle, VSFS organizes MBA and BSBA managerial education and Joint Degree programs with two degrees (Bc. + BSBA or Ing. + MBA). Its content is focused on the study of top level corporate management and all classes are taught in English. Both programs can be studied alongside the university‘s study programs as part of the advantageous Joint Degree program.


The University of Finance and Administration (VSFS) was founded by the Bank Academy and Czech Coal Group in 1999 in accordance with the state approval to act as a private institution of higher education. Since then, it has been developing continuously. In 2001 its study centers in Most and Kladno were opened. A year later MBA study programs were launched in cooperation with City University Seattle (USA). Another year later the school set up Eupress, a publishing house producing study materials and books. In March 2003 VSFS acquired accreditation for the follow-up Master study. In the course of its first 5 years of existence the school became the biggest private institution of higher education in the CR in terms of the number of both students and teachers.

In 2009, the University of Finance and Administration has received state approval for Doctoral study program and became the first private University of Economics in the Czech Republic.

Currently, about 5 600 students are enrolled.

Since its foundation the school has always paid attention to scientific work and international cooperation. It continuously organizes international expert conferences and scientific seminars, solves a number of research tasks and participates in professional projects for state institutions and private firms. Recently, it has also been developing cooperation with foreign colleges and universities and participating in international educational programs of students´ exchange Socrates and Erasmus.

Master's Programmes

Many organisations offer scholarships or grants. Some of these might help you to study for a Master at The University of Finance and Administration Prague!


VSFS Accreditation:

All the usual Czech Programs are delivered with accreditate by Ministry of Education, youth and sportsof Czech Republic.

Partner City University of Seattle accreditation:The Northwest Commission on Colleges and Universities (NWCCU) and City University of Seattle´s School of Management is currently a candidate for accreditation with the Accreditation Council for Business Schools and Programs (ACBSP)

The MBA program is accredited by Czech Association of MBA Schools (CAMBAS)

The Global Study Awards

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.