Foundation programme for admission to economics and business fields of study

Economics permeates all areas of our lives, from business and finance to politics and social issues. An economics degree also provides a wide range of career opportunities, from working in finance and business management to consultancy and data analysis.

Why study economics in the Czech Republic?

• One of the most significant advantages for students is the possibility to study free of charge in the Czech language at public universities in the Czech Republic.
• Czech universities accept foreign applicants (including those from CIS countries) on equal terms with citizens of the Czech Republic.
• High level of education: Czech universities are known for their high level of education and research, 16 Czech public universities are included in the QS World University Rankings 2024.
• A Czech university degree is recognised not only in the Czech Republic, but also in all EU countries, as well as in the USA and Canada.
• Easy employment: the Czech Republic has the lowest unemployment rate in the European Union.
• Excellent opportunities for internships and part-time work: students in the Czech Republic have the right to officially work 20 hours per week.
• The Czech Republic is known for its high security and low crime rate, which creates a favourable and comfortable environment for students to study and live in.

Where do Czech economics graduates work and how much do they earn?

Czech graduates in economics can find employment in various sectors of the economy, including banking, finance, consulting, management, as well as in government organisations and international companies. Some graduates also choose a career in academia or research.


The salaries of Czech economics graduates can vary significantly depending on many factors such as level of education, specialisation, work experience, work location and the chosen employment sector. On average, starting salaries for graduates can range from around 30,000 to 40,000 CZK per month. However, professional growth and experience can lead to multiples of this salary over time. For example:

1. Chief Financial Officer or Chief Financial Officer (CFO) and: the salary can range from approximately CZK 80,000 to CZK 200,000 per month.
2. Investment banker or financial portfolio manager: their income can range from CZK 100,000 to CZK 300,000 per month, depending on the level of experience, the amount of assets managed and the interest for successful management.
3. Financial analyst: their salary can range from 60,000 to 150,000 CZK per month, depending on their level of experience and specialisation.

Graduates working in the financial sector or in multinational companies tend to earn higher salaries than those who choose to work in government organisations or small businesses. Specialisation also plays an important role: finance specialists, data analysts or consultants may earn higher incomes than, for example, marketing or human resources professionals.

Where to get an economics degree in the Czech Republic?

Czech universities offer a variety of programmes covering a wide range of fields such as economics, management, accounting, finance, banking, insurance, tourism and many others. Economics education is available at public and private universities:

1. Charles University in Prague
2. Prague University of Economics
3. Masaryk University in Brno
4. Brno Technical University
5. Czech University of Agriculture in Prague
6. West Bohemian University in Pelzen
7. South Bohemian University in Ceske Budejovice
8. Manager University of Agriculture and Forestry in Brno
9. Silesian University in Opava
10. Liberec University of Technology
11. Jan Evangelista Purkinje University in Ústí nad Labem
12. University of Pardubice
13. Tomáš Bata University in Zlín
14. University of Mines and Technology in Ostrava

Our team has prepared a detailed guide to applying to the best economic universities in the Czech Republic. Get a free guide.

Entrance requirements for economics majors

The following documents and criteria are usually required for admission to economic universities in the Czech Republic (requirements vary from university to university, read more in our free guide):

1. Secondary education: Students must have a secondary school certificate or its equivalent recognised in the Czech Republic (nostrification).
2. Language requirements: Czech language proficiency is required for international students applying to study in the Czech language. For English-speaking programmes, TOEFL or IELTS may be required.
3. Entrance exams or tests: Some universities may conduct entrance exams in maths and economics, assessing the applicant's level of knowledge in these areas.
4. Documents: The following documents are usually required: secondary school certificate with translation into Czech or English, language test results, letters of recommendation, CV and application for admission.
5. Letter of motivation: Some universities may require students to write a motivation letter in which they must explain their choice of speciality and why they would like to apply to this particular university.
6. Interview: In rare cases, a university may require an interview with the applicant.

The Medstudy team will ensure that you successfully complete each of the requirements and successfully apply to your chosen university.

What is included in the annual foundation program from Medstudy:

• Intensive study of the Czech language with native speakers up to the level required for university studies;
• Assistance in selecting a university, submitting all necessary documents, monitoring deadlines;
• Analysis of academic progress and regular monitoring of attendance;
• Preparation for entrance exams and specialised subjects in accordance with university requirements. We also conduct mock entrance exams so that you feel confident and relaxed at the real exam.
• Full visa support, assistance with the embassy interview, accommodation in Prague;
• Meeting you at the airport/train station, transfer to your accommodation, assistance in adapting to the new country;
• Assistance with medical insurance, accompanying the student to the hospital, if necessary;
• Cultural programme for the year, advice on all everyday and academic matters.

Fill out the application form and our manager will contact you for a free consultation.