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The University of Finance and Administration

Country: Czech Republic

City: Prague


Type of school: Public Universities


Search for other universities in: Prague


The University of Finance and Administration (VSFS) was founded by the Bank Academy and Czech Coal Group in 1999 in accordance with the state approval to act as a private institution of higher education. Since then, it has been developing continuously. In 2001 its study centers in Most and Kladno were opened. A year later MBA study programs were launched in cooperation with City University Seattle (USA). Another year later the school set up Eupress, a publishing house producing study materials and books. In March 2003 VSFS acquired accreditation for the follow-up Master study. In the course of its first 5 years of existence the school became the biggest private institution of higher education in the CR in terms of the number of both students and teachers. Currently, about 5600 students are enrolled.


Since its foundation the school has always paid attention to scientific work and international cooperation. It continuously organizes international expert conferences and scientific seminars, solves a number of research tasks and participates in professional projects for state institutions and private firms. Recently, it has also been developing cooperation with foreign colleges and universities and participating in international educational programs of students´ exchange Socrates and Erasmus.

Informations about programs in english - click here

Contemporary Prague may be not the biggest city in Europe but it is recognized as one of the most well-known metropolises in Central Europe. Although the tourist that come here are stunned by the extensiveness of the old housing it is good to know that this capital has started to develop outside the medieval walls of five historical districts (Old Town with Jewish Josefov, New Town, Lesser Quarter, The Castle District and Vyšehrad) not before the end of the XIX century. This place is known as Czech biggest national urban reserve. It is a historical heart of the Czech Republic which covers the area of 886 and which in 1992 has been included in the UNESCO World Heritage List. Prague was also in the group of the nine cities – capitals of European culture in 2000.


Prague is an administrative, industrial, trade, service, academic, tourist and cultural centre with international significance. It is a seat for almost all of the Czech government institutions (including parliament, president and the government) as well as the religious organizations existing in the Czech Republic and many enterprises, associations, organizations and higher education institutions. The city also functions as the country’s most important interchange and junction hub with the international airport and underground.


According to the data from 2008 the city is a home to 1 226 697 people (the first place in the Czech Republic) and it covers 496 km² (also the first place in the Czech Republic). Prague is divided into 22 administrative districts which consists of a 57 municipal districts. The Eurostat’s data estimate that in the Prague metropolitan area live 1 964 750 people.


The capital of Czech Republic consists out of a few historical parts which are the main target for tourists from the whole world:

  • The Castle District (Hradčany)
  • Lesser Quarter (Malá Strana)
  • Old Town (Staré Město)
  • Josefov
  • New Town (Nové Město)
  • Vyšehrad


While being in Prague it is also worth to visit the following places:

  • St. Vitus Cathedral
  • St. Nikolai Baroque Church from the XVIII century located in Malostranské náměstí
  • Old Town City Hall (XIV century) with the famous astronomic clock Orloj in Staroměstské náměstí
  • Various places connected with Franz Kafka
  • Charles Bridge
  • National Gallery in Prague
  • Žižkov Television Tower
  • Petřín Hill

Informations about enrolment - click here

Contact details

Address:Estonská 500

101 00 Prague

Country:Czech Republic

Phone:+420 210 088 820

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