Faculty of Business Administration - University of Economics, Prague
The history of the Faculty dates back to 1953 when the University of Economics, Prague was founded, and within which the Faculty of Production Economics was established; after the 1989 transformation, it transitioned into the Faculty of Business Administration (FBA). Throughout its sixty-year history, the Faculty has educated and developed graduates for positions in the microsphere, i.e. to various positions – including senior management – in economics, business, marketing, personnel and other areas of business as well as non-profit organizations. The Faculty is one of five faculties of the University of Economics, Prague based at the Zizkov campus; its offices are located in the modern so-called Paradise Building.
In 2017 the FBA, as only such institute in the Czech Republic, has been conferred with the prestigious EQUIS international accreditation. This accreditation is awarded only to those faculties with top teaching standards, outstanding academics, high quality scientific activities and strong links with business practice.
In recent history, FBA’s predominant academic focus at all levels of study (Bachelor’s, Master’s and Doctoral) has been directed towards Business Administration and Management. This focus has recently been extended to include undergraduate and graduate studies focused on Arts Management.
Faculty teaching takes place mainly in the Czech language, but FBA also provides education at the Bachelor’s degree level in Russian and English. At the graduate level, FBA offers a Master’s degree in International Management, taught in English, which is organized in cooperation with 28 leading universities from around the world and which has received top rankings for a number of years by the Financial Times. At present, the Faculty also organizes numerous continuing education programmes, including MBA studies.
FBA’s research activities are, by their nature, more applied research. Every year, many current economic and managerial issues are addressed at the Faculty. Academics are well-known publically as authors of scientific publications in the fields of business economics, management, marketing, sociology, psychology, human resources, logistics, etc.
Virtually since its inception, FBA has maintained close links with the private and public sectors. Corporate partners offer the Faculty’s students a wide range of topics on which to focus their bachelor's and master's theses; in addition, top executives enrich the teaching environment by providing many attractive topics from real business life.
A modern higher educational institution must have extensive international contacts. In the case of our Faculty, we are involved in an international study programme called CEMS (The Global Alliance in Management Education); we also provide numerous fellowships for students and lectures by visiting professors from abroad, etc.
It is the ambition of FBA’s management for the Faculty to take a leading position among Central European higher educational institutions focused on preparing economically and managerially savvy experts for the field. Repeated inclusion of FBA in the prestigious ranking of economically oriented schools by the Financial Times suggests that it is going in the right direction.
Study and Pedagogical Activities
Education in the Bachelor's and Master's degree programmes is in the full-time form. Studies in the Master's degree in Business Administration can also be done on a part-time basis. Similarly, teaching in Doctoral programmes is implemented on both a full-time and part-time basis. There is no tuition charged for programmes taught in the Czech language. All other programmes charge tuition fees. FBA also implements various training courses within the framework of lifelong learning, including an MBA programme, under similar financial conditions. There has long been considerable interest in studying at FBA.