Branch programme/details

The Master in Economics and Finance (MEF) program is designed to help you acquire quantitative and qualitative skills that are essential for solving complex economic problems in various areas of the financial industry. We place great emphasis on developing analytical competence that helps you build a rich understanding of finance phenomena and propose practical solutions to modern economic challenges.

We offer a wide range of electives to prepare you for challenging and rewarding professional careers in various areas of finance and investment. You will learn from esteemed academics and industry experts. Charles University is consistently ranked the top academic institution in Czechia, both overall and in economics and is renowned for the expertise of our graduates.

You can find more information about the program here, in a facstheet and see a complete list of courses here. The MEF program also offers ample exchange opportunities for studies at one of our partner universities: see here and here. Read the graduates’ testimonials here and here.

Questions can be emailed to: admissions@fsv.cuni.cz.

In addition to the application form, every applicant needs to provide the following documents:

a) A copy of a diploma to show at least completed Bachelor studies or confirmation that ongoing Bachelor studies will be completed in the current academic year

b) Transcript of records and academic results from previous studies

c) Structured CV

d) Motivation letter

e) Document showing the level of English proficiency

f) Recommended: Document showing the level of Analytical skills

g) Recommended: Scores from ability and language tests in the Supplementary Online Form (SOF)

h) Letter(s) of recommendation (references).

Ad a) Confirmation of studies may be substituted with a transcript of records, provided that these are from the same academic year as the application.

Ad b) The transcripts from all years of the previous university study should be submitted.

Ad d) The recommended length of the motivation letter is approximately 2 000 characters, including spaces.

Ad e)  Applicants should provide a certificate from one of the following standardized tests:

• IELTS Academic - the minimum required overall band score of 6.5, with a band score of 6.0 or above in all four components;

• TOEFL Internet-Based Test (iBT) & TOEFL iBT Home Edition - the minimum required overall score of 83, with a minimum score of 20 in the four sections;

• Cambridge B2 First (former FCE) - minimum Cambridge English Scale Score of 175;

• Cambridge C1 Advanced (former CAE) or C2 Proficiency (former CPE) receiving a certificate;

• PTE Academic test - the minimum required score above 56;

• LanguageCert ESOL - Communicator with High Pass, Expert or Mastery;

• Duolingo English Test (DET) - the minimum required overall score of 120, with a subscore of 105 or above in all four components.

A standardized English test is not required from applicants who:

• have studied in English at the secondary school level for at least two years;

• have studied in English at the university level for at least one year in a full degree program.

When a score from an English-language test is not presented, the applicants should provide a confirmation of their use of English during their prior studies to support their claim. The confirmation should contain the information that the study program was conducted in English as a language of study. A diploma supplement or transcript containing this information can also be accepted.

Ad f) Analytical Skills - Applicants should have good analytical quantitative skills with sufficient background in mathematics and/or statistics. 

Applicants’ analytical and quantitative ability is best demonstrated by the GRE tests, GMAT tests or by completing one or more levels of the CFA Exams. Applicants are encouraged (but are not obliged) to provide a certificate from one of the following standardized tests. For GREs, please use our institutional code 1649 so that the results are sent directly to our faculty. While we do not require a score from the GRE or GMAT test but good GRE or GMAT score still significantly strengthens the application and increases an applicant´s chances for admission.

All documents that are not originally in Czech, Slovak, or English must be officially translated into English, Czech or Slovak language by a certified translator. A sworn translation is not required for the application itself. Only complete applications will be considered. Personal data will be used exclusively to organize the admission process and course enrollments.

The admissions committee will assess applicants on the basis of the submitted documents. Firstly, the documents proving English proficiency are examined for the level required for the study. Only those applications that fulfill the requirements for English proficiency are assessed further by the admissions committee and given a ranking from 0 - 100 points. The following criteria will be evaluated: (i) candidates’ aptitude for studies based on their past study results and on the results from ability tests (0-50), (ii) their command of English (0-20), (iii) their motivation for studies (0-30). The point limit for accepting applicants is set by the Dean with respect to the number of applicants and the capacity of the programme.

Admission to Master's studies is conditioned by completed secondary education confirmed by a school-leaving certificate. Admission to Post-Bachelor studies (Master's programme) is likewise conditioned by completed education in any type of study programme.

The MEF curriculum is recognized by the Chartered Financial Analysts (CFA) Institute. The MEF program’s high reputation among prospective employers lets you fully exploit your intellectual potential and acquire a dream job that makes a difference. Our graduates typically take on challenging positions in investment firms, consulting firms, and commercial banks. Some of them also work as analysts for local and international public organizations. Our program is also a good choice if you are considering doctoral (Ph.D.) studies in the future.