The Faculty of Business Administration (FBA) at the Prague University of Economics and Business is among the most respected schools in Central and Eastern Europe focused on the field of management. Our mission is to generate and transmit knowledge, develop skills, and form attitudes for the successful management of companies and organisations in a changing global environment.
The FBA has, as the only faculty in the Czech Republic, the prestigious international EQUIS accreditation. This means the FBA ranks among the 1% of best business schools in the world.
In the Financial Times „Master in Management Ranking 2022“ our faculty ranked 25th with the international CEMS MIM programme, entering the company of prestigious schools such as Esade Business School (16th) or WU (Vienna University of Economics and Business) (28th). Last but not least, the MBA programme taught at the FBA is consistently evaluated as one of the Top 3 MBA programmes in Eastern Europe.
The MBA programme of the Faculty of Business Administration received the prestigious AMBA accreditation. International accreditation AMBA is considered the world’s most important accreditation in the field of MBA studies. So far, worldwide only 286 of the best business schools has received it, such as the University of St. Gallen or HEC Paris. The faculty has been conferred with AMBA accreditation as the only such institute in the Czech Republic.
Studies and Educational Activities
There are approximately 3,500 full-time students at the FBA. We offer study at bachelor’s, master and doctoral levels. Two of our programmes – International Management (CEMS MIM) and Management (previously Business Economics and Management) – are regularly placed in the prestigious Financial Times global business education rankings.
Furthermore, the FBA offers 11 minor specialisations: Business and Management, Human Resource Management, Arts Management, Logistics, Marketing, Managerial Psychology and Sociology, Entrepreneurship, NextGen Consulting, Project Management, Turnaround Management or Sales Management.
Internationalization of Study
Applicants can study programmes offered in English. In addition, classes in foreign languages are mandatory for students of all fields, as well as programmes offered in the Czech language.
Many students use the opportunity to participate in exchange programmes with more than 250 partner universities all around the world. The Master in International Management programme (CEMS) is the FBA’s key postgraduate, pre-experience degree offered in English. Within the CEMS Alliance, 34 world-class academic institutions collaborate together, such as the University of St. Gallen, the London School of Economics, Università Bocconi, HEC Paris or ESADE Business School, and, since 2018, the Cornell SC Johnson College of Business from the USA. The exclusiveness of the programme is further heightened by the fact that only one business school per country can be a member. Furthermore, CEMS MIM Programme offered at FBA was awarded CEMS School of the Year 2021/22!
Science and Research
The FBA’s academic members and students are involved in quality and socially relevant research in various business and managerial areas.
Research has primarily a long-term focus on effective management of family firms, dishonest behavior in organizations, strategic leadership development, digital work environments and strategic corporate orientations. Academics regularly publish in prestigious global journals such as Technovation, Family Business Review, Technological Forecasting and Social Change, Judgment and Decision Making, European Economic Review and Small Business Economics. They are also involved in a number of basic and applied research projects. Other contract research projects are carried out in collaboration with companies and public sector organisations such as Unipetrol and the Ministry of Industry and Trade.
The FBA provides an executive MBA programme accredited by AMBA. The prestigious AMBA accreditation is considered the world’s most important accreditation in the field of MBA studies. In the Czech Republic, the Faculty of Business Administration is the first and only faculty that has managed to obtain this accreditation.
The MBA programme is regularly placed as one of the top MBA programmes in Eastern Europe in the prestigious Eduniversal Best Masters & MBA’s ranking. The main criteria are the reputation of the programme, the opportunity for career development, and salary in a graduate’s first job after graduation. The FBA also provides customised and open education programmes. Its clients include the Czech Social Security Administration, Metrostav, T-Mobile, TEVA, and the Ministry of Social Affairs. In addition, the FBA offers its Honors Academia programme – a superior two-year education and training programme managed in close cooperation with corporate partners.
Relations with the business community are one of the top priorities of the FBA. The faculty has contracts with almost 100 corporate partners.
To see FBA’s corporate partners go here. The companies’ managers are involved in teaching, provide consultations for bachelor’s and master theses, offer internships, organise fields trips, and participate in the FBA’s research activities. In terms of social responsibility, the faculty cooperates with NGOs such as Centrum Paraple or Spolu dětem.