Masters in International Business
Prague 3, Czech Republic
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
30 Apr 2025
EARLIEST START DATE
Sep 2025
TUITION FEES
EUR 5,000 / per year
STUDY FORMAT
On-Campus
Introduction
Study Business in an International Environment!
International Business – Central European Business Realities (IB) is a two-year full-time master´s program at the Prague University of Economics and Business. IB offers the possibility to study with a Double Degree or an Exchange semester at a partner university.
Prague University of Economics and Business introduces the programs taught in English. Master program in International Business belongs to them.
The Prague University of Economics and Business (VŠE) is the biggest and best university of economics in the Czech Republic. It is ranked by the Financial Times annually and has already been appraised for several years by the Eduniversal Ranking as one of the best “business schools” in Central and Eastern Europe.
Why to study IB?
International Business – Central European Business Realities is a two-year (four semesters) full-time Master’s Program taught at the Prague University of Economics and Business, which is one of the best business schools in the Central and Eastern European region according to the Eduniversal ranking.
- The program addresses the specificities and characteristics of the Central European business environment within the framework of the increasing trends of globalization.
- The program provides business education in the main fields of economics, management, finance, marketing, and negotiations.
- Option to accomplish the second academic year at one of our 7 partner universities and get a Double Degree.
- The high degree of international diversity in terms of nationalities is represented by the student body. There are students from more than 25 countries in the world.
The program was established to address the specificities and characteristics of the Central European business environment within the framework of the increasing globalization trends. It provides students with a comprehensive business education in the main fields of economics, management, finance, marketing, and negotiations.
Program objective
The International Business – Central European Business Realities program (further referred to as International Business or IB program) is aimed at preparing students for their management tasks and leadership roles in a multicultural entrepreneurial environment, in either national or multinational companies. It provides students with in-depth knowledge and skills reflecting both global and specific Central European economic and business trends.
Double degree
The International Business Master’s degree is a national degree awarded by the Prague University of Economics and Business. The graduates are entitled to use the title Ing. per Czech legislation.
Students have also an option to accomplish their second academic year at one of our eight double-degree partner universities.
The partner programs International Business Realities in Lyon, France; International Business M.A.in Mainz, Germany; International Health & Social Management and International Business & Management in Innsbruck, Austria; International Management in Geneva, Switzerland; International Business in Warsaw, Poland; International Business in Vaasa, Finland; International Marketing Management in Lappeenranta, Finland are fully compatible with the International Business – Central European Business Realities program.
Students who have chosen this option graduate with two degrees (double degree) from the Czech and a partner university.
The Double Degree program study is supported by the VSE at the same level as an exchange program.
Admissions
Curriculum
Compulsory courses - 66 ECTS
- Intermediate Microeconomics 3 credits
- Intermediate Macroeconomics 3 credits
- International Economics 3 credits
- International Finance 6 credits
- Ethics, Responsibility, and Sustainability in Business 3 credits
- Comparative Government of Central and Eastern Europe 6 credits
- International Marketing 6 credits
- Information Technologies in Entrepreneurship 6 credits
- International Corporate Finance 6 credits
- International Trade 6 credits
- International Management 6 credits
- Diploma Thesis Seminar 6 credits
- Elementary Czech I for foreigners 3 credits
- Elementary Czech II for foreigners 3 credits
- Foreign language for Czech students 6 credits
Optional courses - 12 ECTS
(Sample of the courses)
- Sales Management 3 credits
- Channel Distribution Marketing 3 credits
- Protection of Intellectual Property (Innovations) 3 credits
- International Brand Communication Strategy 3 credits
- Food wasting: implications for international business 3 credits
- Doing Business in Russia 3 credits
- Consumer Experience Management 3 credits
- Cross-Cultural Business Negotiations 3 credits
Minor specialization Business Practices (2nd year of study; 30 ECTS in total)
- International Marketing Communications 6 credits
- Trade Policies in Central European Countries 6 credits
- Business Transactions Management 6 credits
- Management Accounting 6 credits
- Optional Courses 6 credits
State exam in International Business 12 ECTS
- International Marketing, International Trade, International Management, International Finance (oral exam)
- Defense of the Master Thesis
Program Outcome
After successful completion of the program, the students management abilities will include an interdisciplinary approach to the management of complex processes in the European and Central European markets.
The graduates will be able to bridge theoretical prerequisites and practical applications, analyze regional European markets in connection with their national and historical interference, develop business strategies tailored to European realities, consider the financial aspects of their decisions, and successfully apply intercultural differences in various negotiations.
- Achievement of the program goal is guaranteed by professors at the Prague University of Economics and Business and by academic worldwide capacities (visiting professors).
- The program consists of major subjects (see courses) and a minor specialization Business Practices that provides students some flexibility according to their specific study interests and preferences. Complementary to the program objectives, several courses with economic issues related to Central Europe or to cultural areas of the global economy, are offered; they are available starting from the third semester.
- Students study in small international groups. In the framework of the program, they have access to the whole University´s offer of intensive business courses and to all exceptional lectures given by professionals, politicians, and professors from all over the world.
- The program finishes with a Final State exam in International Business with the defense of the master thesis.