Master in Management – Prague University of Economics and Business
- Masters Experts
- Jun 25
- 11 min read
Updated: 2 days ago
"In today’s rapidly evolving business landscape, aspiring professionals seek more than just a degree—they seek a transformational experience that equips them to lead in dynamic global environments. The Master in Management (MIMG) at the Prague University of Economics and Business (VŠE) is designed precisely with that vision in mind. Positioned in the vibrant capital of the Czech Republic, this program blends academic excellence, real-world application, and international exposure to prepare students for impactful careers in business and management."

Master in Management: Empower Your Career at VŠE Prague
Introduction
Discover Global Business Education in the Heart of Europe
The MIMG program serves as a strong foundation. Whether you want to advance your analytical skills, explore innovative managerial strategies, or pivot to a leadership role, this is the place to start. Delivered entirely in English and backed by the prestigious Faculty of Business Administration (FBA), which holds EQUIS accreditation, this program is perfect for globally-minded individuals.
The MIMG program lasts two years. It offers minor specializations and international double degree opportunities across France, Germany, Switzerland, South Korea, and Slovakia. MIMG students gain much more than classroom knowledge. They build a cross-cultural perspective, expand their professional networks, and acquire strategic and operational skills to excel in managerial roles worldwide.
As admissions for the 2025/2026 academic year open, prospective students have the opportunity to join a diverse and forward-thinking cohort at one of Central Europe’s most renowned institutions. If you're passionate about management, strategy, and sustainable growth, the MIMG program in Prague could be a great next step in your academic and professional journey.
Why Choose the Master in Management at VŠE Prague?
A Globally Recognized Program with a Central European Edge
Choosing the Master in Management (MIMG) program at Prague University of Economics and Business (VŠE) is a strategic decision for aspiring leaders. Located in the heart of Europe, Prague offers students an affordable yet cosmopolitan lifestyle. It provides access to EU business networks and a multicultural learning environment. However, what truly distinguishes this program is the blend of academic credibility, global outlook, and practical business education that it delivers.
Accredited and Internationally Competitive
The Faculty of Business Administration at VŠE is EQUIS-accredited. This places it among the top 1% of business schools globally. This stamp of excellence guarantees that students are part of a quality-assured academic institution that meets international standards in teaching, research, and corporate outreach.
Comprehensive Curriculum for Holistic Development
The MIMG curriculum goes beyond theoretical learning to foster analytical thinking, strategic insight, and leadership capabilities. Graduates are well-equipped to handle managerial functions across numerous industries, such as:
Industrial enterprises
Energy and logistics sectors
Trade and service industries
Consulting firms
By combining economic knowledge with managerial competence, the program ensures that graduates are workplace-ready and future-focused.
An International Classroom Experience
Students in the MIMG program hail from various countries, creating a diverse classroom rich with perspectives. All courses are conducted in English, allowing seamless integration into global business language and culture.
The program offers:
An optional Double Degree track with partner universities across France, Germany, Switzerland, South Korea, and Slovakia.
Cross-functional project opportunities with corporate partners.
Access to Prague’s expanding network of startups, multinationals, and policy institutions.
Personal and Professional Growth
From coffee sessions with the academic director to seminars on real-world tools like D&B Hoovers and Orbis, the MIMG program encourages students to think beyond the classroom. Individual mentoring and career workshops provide personalized learning experiences.
In summary, the MIMG program at VŠE is not just a master's degree—it’s a launchpad for your international business career.
Program Structure and Curriculum
A Well-Rounded Framework for Future Leaders
The Master in Management (MIMG) program offers a rigorous and flexible two-year academic experience. The curriculum is crafted to develop a comprehensive understanding of economic systems, managerial strategies, and organizational behavior. This blending of theoretical knowledge with practical tools prepares students for global business complexities.
Program Duration and Credit Requirements
Duration: 2 years (4 semesters)
Total Credits Required: 120 ECTS
Structure: Core courses, electives, and minor specialization
Grading System: Based on continuous assessments, exams, and project evaluations
Each semester typically includes around 30 ECTS credits. Students receive 24 reserve credit vouchers to be used if they do not pass any courses.
Core Curriculum Highlights
The core curriculum emphasizes the development of analytical, strategic, and leadership skills, including:
| Core Area | Learning Focus |
|-------------------------------|---------------------------------------------------------|
| Economics and Data Analysis | Mathematical models, statistics, economic structures |
| Management and Organizational Theory | Processes in organizing, managing, financing, governance|
| Strategic Management | Market dynamics, stakeholder relations, life-cycle strategies |
| Communication and Presentation | Team leadership, persuasive communication, critical and creative thinking |
These foundational courses are reinforced with case studies, group work, and project-based learning to simulate real business scenarios.
Elective Courses and Flexibility
Students can tailor their academic journey by selecting a range of electives that align with their intended career path. Electives can also count towards the completion of one of the three available Minor Specializations.
Language and Teaching Methodology
All classes are taught in English, offering a blend of lectures, interactive seminars, simulations, and corporate guest lectures to ensure a dynamic and applied learning experience. The faculty consists of academics and practitioners with extensive international experience.
Attendance and Evaluation
Attendance: Generally mandatory, with course-specific rules
Assessment: Includes written exams, oral presentations, research papers, and group projects
The program employs case-based teaching and encourages a multidisciplinary approach to solving real-world business problems.
Final Thesis and Graduation Requirements
To graduate, students must:
Successfully complete 120 ECTS
Choose and complete a Minor Specialization
Pass the Final State Exam and defend their Master’s Thesis
This well-rounded structure ensures that students complete the program armed with both academic qualifications and practical leadership capabilities.
Specializations and Minor Tracks
Customize Your MIMG Experience with Industry-Relevant Minors
The Master in Management (MIMG) program does more than provide a solid foundation in management theory. Through minor specializations, students can tailor their education to match personal interests and career goals.
Minor Specializations Overview
Students select their minor specialization during the first year and complete the required courses during the third semester. Each minor requires the completion of 30 ECTS credits through a mix of mandatory and elective courses.
The MIMG program offers the following minor specializations:
1. NextGen Consulting
This track prepares students for consulting and business transformation roles.
Key Learning Goals:
Identify growth opportunities in complex, uncertain environments
Solve multidimensional problems using analogies and cross-industry insights
Integrate social, environmental, and economic sustainability into business strategies
Ideal for: Future consultants, transformation managers, family business successors
2. Marketing
This specialization explores both traditional and digital marketing strategies.
Focus Areas:
Market segmentation and consumer behavior
Strategic marketing and digital innovation
Communication strategies and profitability analysis
Ideal for: Aspiring brand managers, product developers, and digital strategists
3. ESG (Environmental, Social, Governance)
This forward-looking track equips students with tools for sustainability and compliance.
Core Competencies:
Design and execute ESG strategies
Understand EU sustainability legislation and reporting requirements
Analyze environmental data (e.g., carbon footprint, non-financial reporting)
Ideal for: Sustainability officers, ESG analysts, CSR strategists.
Final Assessment and Flexibility
Students admitted from 2023/2024 onwards are not required to take a final comprehensive exam for their minor. However, minors still include project-based coursework, such as the ESG Project, where students collaborate with corporate partners under faculty mentorship.
Global Exposure Through Double Degree Programs
Elevate Your Education with an International Edge
The Master in Management (MIMG) program offers the Double Degree (DD) program. This unique structure allows selected students to earn two master’s degrees—one from VŠE and one from a partner institution abroad—within the standard two-year study period.
How the Double Degree Works
Year 1: Study at VŠE in Prague
Year 2: Study at the selected partner university
Students must complete a minimum of 60 ECTS at VŠE to be eligible. Nomination is based on academic performance, language proficiency, and application documents.
Double Degree Partner Universities
| Partner University | Country | Partner Degree Awarded |
|-----------------------------------------------------|-------------|--------------------------------------------------|
| NEOMA Business School (Rouen/Reims) | France | Master in Management (Grande École) |
| ZHAW School of Management and Law (Winterthur) | Switzerland | MSc in International Business |
| KEDGE Business School (Bordeaux) | France | EBP International diploma (Global Mgmt. or Marketing track) |
| University of Regensburg (Regensburg) | Germany | MSc in Business Administration |
| Hanyang University (Seoul) | South Korea | Master in Business Administration |
| University of Economics in Bratislava (EUBA) | Slovakia | Master in General Management |
All Double Degree programs are taught in English and offer students the chance to study in reputable institutions. Students gain international business exposure, build a cross-cultural professional network, and enhance their career opportunities.
Admissions Process and Key Deadlines
A Transparent and Streamlined Application Journey
The MIMG application process is designed to identify motivated candidates from around the world. Whether transitioning from undergraduate studies or looking to upskill, the program welcomes individuals with strong analytical aptitude and an interest in management.
Who Can Apply?
The program is open to applicants from all academic backgrounds, provided they hold a recognized bachelor’s degree or are in the final year of completing one. While MIMG is business-focused, applicants from diverse academic disciplines are encouraged to apply.
English Proficiency Requirement
Since the program is delivered entirely in English, proof of English language proficiency is mandatory. Accepted certifications include:
TOEFL iBT (typically ≥ 90)
IELTS (≥ 6.5)
Cambridge English (CAE/CPE) or equivalent
Bachelor’s degree completed in English from an accredited institution
Step-by-Step Application Process
Here’s how to apply:
| Step | Task | Deadline (AY 2025/26) |
|------|--------------------------------------------------------------|-------------------------------------|
| 1 | Submit e-application and pay the application fee (€50 or CZK 1,250) | 1st intake: Feb 28, 2025 |
| 2 | Upload required documents: Bachelor’s diploma and English certificate | Same as above |
| 3 | Upload a motivational video, structured CV, and an essay on an economic topic | Same as above |
| 4 | Complete a brief interview (online or in Prague) | Scheduled individually |
| 5 | Receive committee decision | 1st intake: by March 31, 2025 |
| 6 | Confirm seat by paying a €200 blocking fee | By specified date after acceptance |
| 7 | Finalize visa and payment formalities | Upon offer confirmation |
🔄 2nd intake runs from March 1 – April 30, 2025. Decisions are released by May 26, 2025.
Nostrification (Degree Recognition)
Applicants who obtained their bachelor’s degree outside the Czech Republic or Slovakia must undergo degree recognition. VŠE can perform this internally during the admission process—saving time and administrative hassle. Visit https://edu.vse.cz to submit your nostrification request if needed.
Support During the Process
Throughout the admissions journey, applicants can seek help from the MIMG Coordinator and dedicated staff at VŠE. It is advisable to schedule consultations or attend open house events and online Q&A sessions for more information.
Tuition Fees and Payment Details
Transparent Costs with Flexible Payment Options
The MIMG program offers high-quality education at competitive costs. It is one of Central Europe’s most affordable international master’s programs, combining academic excellence with financial clarity.
Annual Tuition Fee Structure
For the academic year 2025/2026, the tuition fees are as follows:
| Tuition Component | Amount (EUR) | Due Date |
|-------------------------|---------------|-----------------------------------|
| Semester 1 | €2,500 | By August 31 (or upon enrolment) |
| Semester 2 | €2,500 | By February 1 |
| Total Annual Tuition | €5,000 | Split into two equal installments |
Students enrolling from the 2022/2023 intake or earlier are eligible for a reduced annual fee of €3,800.
ECTS Credit Tolerance Policy
The tuition covers up to 30 ECTS per semester with ±10 ECTS credit flexibility. An additional charge of €80 per extra ECTS applies, settled by the third week of the semester.
Accepted Payment Methods
Students can pay their tuition using one of two options:
Via InSIS (Preferred Method)
Access the Study Financing section of your InSIS student portal
Pay online using Visa or MasterCard
Standard Bank Transfer
| Account Holder | Vysoká škola ekonomická v Praze |
|-----------------------------------------|--------------------------------------------|
| Bank | Česká spořitelna, a. s. (CZ) |
| IBAN | CZ39 0800 0000 0000 2424 2442 |
| SWIFT/BIC | GIBACZPX |
| Variable Symbol | Found in your personal InSIS profile |
💡 Important: Confirm with your bank whether transfer fees are included or deducted. Insufficient payments may result in the university not validating your enrolment.
Refund Policy
Refunds are available under certain conditions:
Withdrawals before the semester starts are eligible for a refund minus a 15% administrative fee.
No refunds are issued once the semester has begun.
Financial Planning Support
While VŠE does not currently offer need-based tuition waivers, the affordability and access to part-time jobs in Prague, along with a relatively low cost of living, make this program financially manageable for most students.
Scholarships, Credits & Academic Policies
Academic Flexibility Backed by Merit-Based Rewards
The MIMG program is structured for flexibility and incentives. Students must accumulate a total of 120 ECTS credits to graduate, distributed over four semesters.
| Credit Category | Requirement |
|------------------------------------|------------------------|
| Core Curriculum | ~60 ECTS |
| Minor Specialization (mandatory) | 30 ECTS |
| Electives/Reserve | Remaining credits to 120|
| Final State Exam + Thesis | Included in final term |
Every student receives 24 reserve credit vouchers, which can be used in case of failed exams or retakes—providing a valuable buffer for academic flexibility.
Minimum Academic Performance Standard
By the end of each semester, students must have earned:
Semester Number × 20 credits
For example, by the end of the 4th semester, a student must have at least 80 ECTS. Failing to meet this benchmark results in disqualification from the program, making consistent academic performance essential.
Attendance Policy
Class attendance is generally compulsory, and each course has specific attendance and participation requirements. Students should check course-specific annotations carefully.
Merit-Based Scholarships
MIMG students can apply for performance-based scholarships beginning in the third semester. These are awarded to students who demonstrate exceptional academic performance.
Final State Exam and Thesis
Students must pass the Final State Examination and submit and defend a Master’s Thesis to complete the degree. These components are crucial for assessing both theoretical understanding and the practical application of knowledge.
Career Support and Graduate Outcomes
Launch Your Global Career with Confidence
The MIMG program is a launchpad for international career success. Designed with industry integration, employer partnerships, and a future-focused curriculum, it equips graduates with necessary skills and support.
Where Do Graduates Work?
MIMG alumni begin careers in diverse industries, often in roles requiring strong strategic thinking. Graduates typically enter mid-level management positions in sectors such as:
Industrial and manufacturing firms
Logistics and transport companies
Energy and utility sectors
Trade and retail enterprises
International consulting firms
Family businesses and startups
Career Services and Employer Engagement
Students benefit from a broad range of career support services offered by VŠE. This includes:
Career workshops and CV clinics
Mock interviews and career counseling
Job fairs and employer networking events
Internship placements
Corporate partnerships with multinationals
Graduate Skills Profile
By the end of the program, students will be capable of:
Leading and motivating cross-functional teams
Conducting data-driven business analyses
Designing and evaluating marketing, finance, and strategic plans
Managing stakeholder relationships across cultures
Communicating effectively and persuasively
Graduates can also pursue doctoral studies or advanced professional certifications.
International Advantage
The inclusion of Double Degree programs boosts employability, especially in Europe and Asia. Earning degrees from both VŠE and a partner institution opens up broader professional networks and job markets.
Alumni Testimonials and Outcomes
Although specific employment statistics are not included, the program’s consistent international ranking, along with accreditations like EQUIS, reflect strong outcomes in graduate placement.
Final Thoughts: Who Should Apply
Is the MIMG Program at VŠE Right for You?
If you’re an ambitious individual with aspirations in business leadership, global consulting, or entrepreneurship, the Master in Management (MIMG) at VŠE provides an ideal academic platform.
Ideal Candidate Profile
The program suits candidates who:
Hold (or are completing) a bachelor’s degree in any discipline.
Have a strong interest in management and business strategy.
Demonstrate analytical thinking and a proactive learning attitude.
Seek a global career.
What Sets VŠE MIMG Apart?
Affordable tuition at €5,000/year with strong ROI.
International exposure with double degree options from various countries.
Customizable learning paths.
Real-world integration through projects and corporate collaborations.
Elite EQUIS accreditation.
A Pragmatic, Globally-Oriented Investment
Located in the heart of Europe, VŠE combines the charm of Prague with high academic standards and industry ties. The MIMG program is a robust stepping stone for anyone looking to build a meaningful career in business.
If you're ready to challenge yourself, connect with an international peer group, and earn qualifications that matter, the Master in Management at VŠE may be the perfect next chapter.
Thinking about applying to the Master in Management at VŠE?
Speak with a GOALisB mentor for personalized advice on your profile, double degree options, or essay strategy. Book your free consultation today!
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