Semester in Business and Economics, Prague

Study Central and East European economies and societies while living in one of Europe’s most beautiful, historic cities. The curriculum is designed specifically for international students majoring in business, economics, and finance.

We’ve got stellar academics when you study in Prague, taught in English. The Semester in Business and Economics, Prague program has a business- and economics-focused curriculum designed with international students in mind. It’s perfect for you because the University is dedicated to internationalization and providing a quality experience to all students.

We’re with you every step of the way. At CISabroad, all our advisors have studied or lived abroad, and we can help you get the most out of your experience. We’re blown away by the splendors of Prague, and we can’t wait to get you there so you can experience it yourself!

We care about the environment. Your round-trip flight to the Prague will be offset by the work of CISabroad’s environmental partnerships around the world so you can rest easy when you study abroad in the Czech Republic!

Space is limited on this program. We encourage you to apply early!

Semester in Business and Economics, Prague is a perfect blend of academics, social activities, and rich cultural opportunities. Spend your semester studying Central and East European economies, societies, and culture while living in one of Europe’s most beautiful, historic cities. Start getting excited about:

A compelling European capital – Prague has always been a major tourist destination, and it’s no wonder. The city boasts thrilling history, magnificent architecture, a thriving nightlife, and a dynamic arts scene.

An affordable European study abroad experience - A great place to study for the budget-conscious!

Vibrant campus life – The Central and East European Studies Program (CESP), in conjunction with the “Buddy System,” plans all kinds of activities that get you truly involved on campus and in your new city. Activities include a language exchange, parties, domestic and international trips, and sports.

An amazing Czech buddy program – Many of your classmates will be international students, and you will have a Czech buddy to help you navigate and explore. You will live and study with students from all over while you study abroad in the Czech Republic. 

A beautiful, historic city made for exploring – Anyone who has spent time in Prague knows that you really get to know it by walking, taking the well-connected public transportation, and exploring the nooks and crannies. And that's not all- when you study abroad in the Czech Republic, the whole European continent is just a train ride away!

Space is limited on this program. We encourage you to apply early!

If you've always wanted to study abroad in Prague, check out our Semester in Business and Economics, Prague program.  Here are just a few of the key highlights that make this program unique:

  • A program designed to give you a solid understanding of economics in Central Europe
  • Live and study in Prague- one of Europe’s most beautiful capital cities
  • Vibrant campus community with weekly activities for local and international students
  • Robust, weeklong orientation program
  • Easy access to other European countries, especially Hungary, Germany, Austria, and Poland
  • Live with other international students in University-run residence halls
  • Space is limited on this program. We encourage you to apply early!

While you are in Prague, many free-to-students day excursions are organized by the local international office. Here are just a couple of the sites that you may be visiting:

Cesky Krumlov
Cesky Krumlov is a small town in the South Bohemian region of the Czech Republic. Known for its elegant old town square and stunning castle topped with Baroque and Renaissance architecture, Cesky Krumlov has prestigious UNESCO World heritage status and is also known as a pocket sized Prague! While in Cesky be sure to take time to float down the Vlatva River and absorb the old-world fairytale charm of this classic city.

This splendid capital of Austria is the perfect example of old-world meeting the new. Packed with grand imperial palaces, museums and squares, Vienna is also home to huge amounts of contemporary art and has a strikingly dynamic urban feel. Add to this the huge expanses of parkland and the Danube River; you have a city that simply bursts with life, charm and culture – all waiting to be explored!

Karlovy Vary
When you visit this spa city, your bathing suit is an absolute must! With 13 main springs, more than 300 small springs and the warm-water River Tepla, there are plenty of opportunities to take a dip! Though the waters are often rumored to have healing powers; that is not all that this Bohemian town has going for it – the surrounding hills provide some spectacular hiking spots and the city is also home to the magnificent Grandhotel Pupp featured in the Queen Latifah movie Last Holiday. If that still doesn’t sound like enough then you could always try the Karlovy famous delicacy – Carlsbad Plums!

Semester in Business and Economics, Prague takes place at the University of Economics. The University has developed a unique program specifically for international visitors. It lets you experience the dynamic conditions in Central Europe through the professional insights and instruction of native Czech professors and business professionals. Courses are available in the Czech language, management, law, history, culture, politics, trade practices, and the economies of the vanguard countries, mainly the Czech Republic, Poland, and Hungary.

GPA Required: 2.5. If you find your GPA is lower than the requirement, do not despair! Use the "Contact An Advisor" button on this page or call us to let us know your situation. We'll do all we can to find the right program for you.

How to choose your courses
Now the fun part! As part of the application process you will be required to complete the CISabroad Course Selection Worksheet found in the CISabroad Application Page. The following instructions will guide you through the steps of choosing your courses.

Course load: 4 classes (12 US credits)
Please note, we highly recommend that all students take the Elementary Czech language class, as it will greatly help you navigate Prague. Please choose Elementary Czech language and 3 other electives.  

Students may only register and take ONE Marketing course per semester.  Choose from either International Marketing Communications (IP_340) or Marketing in Central and Eastern Europe (IP_323). 

It is also university protocol that IP_312 International Strategy and IP_314 International Management cannot be taken together during the same semester.

Course approval: Before you go abroad, it is best to get 7–8 classes approved for your semester program. This gives you some flexibility in setting up your class schedule. Think about courses required for your major, but also courses that fulfill your elective requirements.

Course descriptions and catalog: Click here to view the entire course catalog.

Please be certain to select only courses offered during the semester during which you want to study, and when filling out your application, list your courses in order of preference and priority.

Space is limited on this program. We encourage you to apply early!

Did you know that 70% of all CISabroad students receive scholarships or grants to study or intern abroad? You can get a grant for something as simple as applying early, or a scholarship for blogging. 

For details on all scholarship and grant offerings and to apply, please click here.

Space is limited on this program. We encourage you to apply early!

The capital of the Czech Republic, Prague is the seat of the Czech parliament and government and also an important economic and cultural center. It is considered to be one of Europe’s most beautiful capitals, with beautiful hill-top views overlooking the colorful and vibrant city below. It is also among the oldest, home to such historic sites as Prague Castle and the Charles Bridge. Prague is home to a number of famous cultural attractions, many of which survived the violence and destruction of twentieth century Europe. Several architectural styles grace the city, including Roman, Gothic, Renaissance, Baroque, and Art Nouveau, as well as 20th-century. Prague boasts more than ten major museums, along with countless theatres, galleries, cinemas, and other historical exhibits. With all these great attractions, Prague has become a more popular tourist destination over the past few years due to growing interest and affordable travel options.

Prague has been and is home to many musicians, writers, and artists, including Kafka, Kundera, Mozart, Dvořák, and Smetana. The city offers you a wealth of cultural events and performances featuring both local and international talent. The many clubs and recital halls have a daily range of concerts, operas, and theater performances. And although Melbourne, Australia has the longest tram length in the world, Prague's tram network is the biggest by other measures: it runs more trams (900 against 500 in Melbourne), has more routes (33 against 28) and carries more passengers (356 million against 178 million). You’ll never have trouble with transportation and will always have something to do in Prague.

Semester in Business and Economics, Prague is housed at the University of Economics, Prague (Vysoká škola ekonomická v Praze), the Czech Republic’s leading university in the field of management and economics.Founded in 1953, the University of Economics is certified with EPAS accreditation by the European Foundation for Management Development. The University is home to 19,000 students and comprises 6 faculties, 5 of which are housed in Prague: the Faculty of Finance and Accounting, the Faculty of International Relations, the Faculty of Business Administration, the Faculty of Statistics and Informatics, and the Faculty of Economics and Public Administration.

The University is located in the center of Prague, within a couple minutes walk from historical monuments, medieval churches and other sites soaked with history. There are many on-campus facilities, including 2 restaurants, a coffee lounge, and 2 school cafeterias. There is wireless Internet accessible for everyone with a laptop. Many computer labs are also available and one of them is dedicated solely to international and exchange students. You will have many opportunities to meet international students, both from the many U.S. exchange Universities, as well as from around the world.

Semester in Business and Economics, Prague focuses on Central and East European economies, societies, and cultures. Courses are taught completely in English. You’ll review the past and explore the present and future of the developing economies, societies, politics, and languages of Central and East European countries. You will also have the opportunity to take a Czech language course in order to help you immerse into the wonderful culture of Prague!

As a CIS study abroad student, you’ll get outstanding support.  We’re with you every step of the way with academic advising, personal help, and cultural counseling. We’ll make sure that when you arrive in Prague, you hit the ground running.  Don’t speak Czech? No problem. Student services at the University will help with the language barrier and assist you in getting acquainted to the city.

Your semester in Prague will begin with Orientation Week, which is organized by the CESP (Central and East European Studies Program) Office and Buddy System. You’ll get all the information you need about studying and living in Prague, plus take trips and attend cultural events. The week ends with Ice-Breaking Weekend—a favorite trip, because you meet and make friends with students from different cultures. Team-building activities, games, competitions, a costume party, a mini course in the Czech language, and possibly some trips will be prepared for you.

During the semester, you’ll have extensive opportunities to participate in activities with Czech and international students. The Buddy System plans lots of trips within the Czech Republic, plus international trips, language-exchange activities, parties, and sports activities. Also, Prague is a very vibrant city, with many places to grab a coffee and a delicious pastry (famous in Prague) with your new friends.

On Semester in Business and Economics, Prague, you’ll live in University-run residence halls about 20 minutes by tram from the University buildings, and also a 20 minute tram ride away from Prague city center. You’ll have a shared bedroom in a 3-room flat (apartment) and your roommates will be a mix of native Czech students and those from other countries.

Each student is provided with quilts, pillows, and bed linens.  Every flat has a shared bathroom and a kitchen with a table, a cupboard (no cooking utensils or dishes), an electric hot plate, and a fridge.  Also, each dormitory building has a laundry center, TV rooms, and a fitness center. There is no meal plan. However, student meals at the college and around Prague are very reasonably priced.  You will have access to internet and the University’s computer network from your flat.

CISabroad’s Site Director in Czech Republic:

Leah Takatawas was born in Toronto, Canada and graduated from the University of Toronto with a BA in Arts Management with a major in Art History. She worked for 7 years at the University of Toronto as Cultural Affairs Coordinator organizing arts and cultural events for the students, faculty, staff and surrounding community. During her time at the university she produced and organized four international theatre exchanges with Ypsilonka Theatre and the Academy of Performing Arts in Prague (DAMU) in Prague. This unique project brought together theatre students from Canada, Czech Republic, and professional actors from First Nations theatre group "De-ba-jeh-mu-jig Theatre Group" (Manitoulin Island). Leah is excited to again work with university students and impart the beauty and spirit of the city of a hundred spires. Leah has lived in Prague for 8 years and spends her free time with her two children and partner, as well as her growing photography and graphic design business.

1. What is the cost of program tuition? What is included in the program fees?

The program cost for Semester in Business and Economics, Prague can be found here.

2. When are the program fees due?

Program fees for Semester in Business and Economics, Prague are due on December 31st for Spring term and July 15th for Fall term. CISabroad will email invoices to students approximately one month before the program payment deadline. For example, if your payment deadline is July 15, you should expect your invoice in mid-June. If you are using financial aid, please ensure all financial aid paperwork is returned to our office by the payment deadline. If your financial aid does not cover your entire balance, CISabroad accepts these payment methods.

3. What is due with my application and when is my application due?

The application process can be broken into easy steps!

The first step is to fill out the online application, which includes your contact information, what program you are applying for, etc. (Only takes five minutes!)

After filling out the online application, an advisor from our Global Advising Center will grant you portal access with a set of preliminary forms.

The next step is to pay the $200 application deposit in order to secure your space in the program. This amount will be applied toward the final cost. 

Within a day after submitting your deposit, you will receive a welcome email from your Program Coordinator—the person you will work with until departure. Your Program Coordinator will then give you program specific items in your portal. (Note: Both preliminary portal pieces and program specific tasks must be completed by the application deadline.)

#CISabroadTip: Contact your school’s registrar and have them send us your transcript early on in the application process (you can send us your transcript even before you’ve made the $200 deposit!) since snail mail makes this the slowest piece to submit. (We do also accept electronic OFFICIAL transcripts if your school provides them.)

For detailed instructions, see application instructions. The application deadline for Semester in Business and Economics, Prague can be found here.

4. Do I need a passport or visa? When should I apply for my passport/visa?

Yes, you will need a passport to travel to the Czech Republic. Your passport must be valid for 6 months BEYOND the date you return to the United States. For detailed passport instructions, U.S. citizens should check the State Department's Travel Site. For Semester in Business and Economics, Prague you WILL need a Long-term Student Visa.

5. Is there a GPA requirement?

Yes. For Semester in Business and Economics, Prague, the GPA requirement is 2.5.

6. What are my housing options? 

Students will be housed in recently renovated dormitories in the Jarov district (Praha 3) about 20 minutes from campus. 

7. Will other students participate in the program with me? How many?

CISabroad programs are not only a great way to meet local and international students, but also students from around the United States. Program size varies each year - if enrollment size is important to you, contact a CISabroad advisor at 1-877-617-9090.

8. How many credits are offered in the program?

For Semester in Business and Economics, Prague, you will take either 4 electives or 4 electives plus an Elementary Czech class for a total of 12 or 15 credits. To see the courses available, go here.

9. Can I combine this program with another CISabroad program like intern, summer, or semester abroad?

Yes! A great way to extend your CISabroad experience is participating in another program. Combine semester programs to create a full academic year or if an academic year is just a little too long and a semester is too short, combine a semester and summer session or a semester and January term program. You can also participate in a semester abroad and combine that with a summer intern abroad. To find out more information on the application process for more than one CISabroad program, contact a CISabroad advisor at 1-877-617-9090.

Term: Fall 2017
Arrival September 14
Departure December 21
Application Deadline June 1
Term: Spring 2017
Arrival February 2
Departure May 14
Application Deadline November 1
Term: Fall 2017 Price: $8,990
Term: Spring 2017 Price: $8,990

Dates posted here are for reference only and are subject to change. Please do not book flights until you have received the confirmed dates in your acceptance paperwork.

To view expected additional expenses for this program, click here.

Program fees are in US dollars and include the following:

  • Full-time tuition and fees
  • Housing
  • Medical and accident insurance
  • CISabroad support services before, during, and after the program
  • Academic advising 
  • Financial aid counseling
  • Field trips included in many courses
  • Assistance with travel arrangements
  • Predeparture orientation 
  • Airport pickup 
  • University of Economics orientation
  • On-site support
  • University of Economics official transcript
  • Carbon offset of travel & Green Travel Guide

CISabroad  reserves the right to alter fees at any time due to currency fluctuations and/or fee changes made by our partner universities.