University of Economics in Prague is the best Business School in Eastern Europe

26. 12. 2020 | News

business and financeAccording to Eduniversal Ranking 2020, the University of Economics and Business in Prague (VŠE) is the best Business School in Eastern Europe. The university has regularly ranked in the top 3 in the region and it has gained the title for the sixth time since 2008.

The University of Economics, Prague (VŠE) offers prospective students a broad spectrum of study fields within six faculties. VŠE is the biggest public university of economics in the Czech Republic. It was established in 1953 and has developed over the years programmes of finance and accounting, international relations, business administration, informatics and statistics, economics, management.

Today, VŠE is considered one of the best Business Schools in Eastern Europe, having ranked first in this year’s Best 1000 Business Schools in 154 countries rankings by Eduniversal. Every year since 2007, Eduniversal has been ranking 1000 business schools and universities from 154 countries, which are divided into nine geographic world regions. The first step of each year‘s evaluation is taken by the International Scientific Committee (ISC), comprised of 11 members, which is responsible for the Official Selection of the best 1000 business schools. The chosen universities within each country are then split into five levels of excellence according to a set of criteria designed to determine a school’s international influence, reputation and quality, especially the extent of internationalization. In the third step of the process, Rectors and Deans of the 1000 selected universities are evaluated.

Based on these criteria, the universities are divided into five groups, which are characterized by the number of palmes of excellence. Worldwide, only the hundred best schools get five palmes and VŠE is among them. Other Business Schools in the Czech Republic who achieved 3 palmes of excellence are Prague International Business School, Brno International Business School, Brno University of Technology Faculty of Business and Management and CMC Graduate School of Business.