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Economics and Finance (MEF), Master

  • Application Deadline
  • 24 months
    Duration

About

The Master in Economics and Finance (MEF) at Charles University puts emphasis on developing abstract analytical reasoning, which allows our graduates to solve complex economic problems in various settings. 

The applicants must have solid background in Mathematics and good command of English. Courses are taught both by members of the Institute of Economic Studies (IES) and external professionals from the central bank, commercial banks and business analysts. Our graduates typically assume challenging positions in banking, consulting, investment funds and public administration.

As the programme exposes students to advanced topics in economic and finance applicants are required to have a sufficient background in mathematics. The applicants should have studied at least two terms of Bachelor level mathematics. Prior knowledge of Bachelor level economics or finance is an advantage but it is not required. 

In addition, applicants should have a good command of English corresponding at least to B2 level under the CEFR system and they should be capable of reading Master level textbook without difficulties. We especially welcome applicants with Bachelor degrees in economics, finance, business studies, mathematics, physics, or technical fields.

Programme Structure

Courses include:

  • Advanced Macroeconomics 
  • Advanced Econometrics 
  • Banking 
  • Financial Markets 
  • Microeconomics of Banking 
  • Strategic Management
  • Introductory Banking
  • Fiscal Policy, Public Debt and Sovereign Debt Ratings Introduction to Market Design
  • Global Financial Crisis: Responses and Real Effects
  • Elementary Chinese for Economists

          Detailed Programme Facts

          • More details: 28 February - strongly recommended for applicants from non-EU and non-EFTA countries
          • Programme intensity Full-time
            • Full-time duration 24 months
          • Credits
            120 ECTS
          • Languages
            • English
          • Delivery mode
            On Campus

          English Language Requirements

          You only need to take one of these language tests:

          • Minimum required score:

            90

            The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

            Schedule TOEFL®
          • Minimum required score:

            6.5

            The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

            Schedule IELTS

          Academic Requirements

          We ask applicants to provide their:

          • Curriculum Vitae
          • Motivation letter
          • Certificates from language and ability tests (optional)
          • Transcript(s) of records from prior studies
          • Syllabi of Bachelor’s courses
          • Bachelor’s thesis proposal (optional)
          • We require one letter of recommendation by a professor who taught an applicant at the Bachelor’s level. 
          • Applicants should have strong analytical skills. They should have studied at least two terms of mathematics at the Bachelor’s level.

          StudyPortals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

          • You are considered ineligible for admission
          • You need to improve your academic, study, research or language skills
          Search all Pre-Masters

          Tuition Fee

          • International Applies to you

            6000 EUR/year
            Tuition Fee
            Based on the original amount of 6000 EUR per year and a duration of 24 months.
          • EU/EEA Applies to you

            6000 EUR/year
            Tuition Fee
            Based on the original amount of 6000 EUR per year and a duration of 24 months.
          We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
          The application fee is 690 CZK (approx. 27 - 30 EUR)

          Living costs for Prague

          • 15441 - 26250 CZK/month
            Living Costs

          The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

          Funding

          The Development Scholarships are available for any degree programme at the Faculty of Social Sciences. They offer students a 50 % waiver of school fees for a maximum of two years (Master´s programmes) or three years (Bachelor´s programmes), plus a one-off lump sum payment to cover the basic living costs.

          StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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          Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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