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The University of Finance and Administration ( cs, Vysoká škola finanční a správní o.p.s., VŠFS) is a private business school in the
Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
. It was founded by the Bank Academy and
Czech Coal Group Czech Coal Group (usually shortened to Czech Coal) was established in 2005 with assets that included the Mostecká uhelná společnost mining company and the electricity trading company, Czech Coal a.s. In 2008, Mostecká uhelná společnost was br ...
in 1999 and was one of the first private business schools in the country. It has had full university status from the accreditation committee of the Czech government since 2009.


History

In 1998 the Czech government passed a new Tertiary Education Code, 111/1998 Sb., entitling private schools to offer higher education. The University of Finance and Administration was founded the next year. VSFS expanded in 2001, opening new campuses in
Most Most or Möst or ''variation'', may refer to: Places * Most, Kardzhali Province, a village in Bulgaria * Most (city), a city in the Czech Republic ** Most District, a district surrounding the city ** Most Basin, a lowland named after the city ** A ...
and
Kladno Kladno (; german: Kladen) is a city in the Central Bohemian Region of the Czech Republic. It has about 67,000 inhabitants. It is the largest city in the region and together with its adjacent suburban areas has a population of more than 110,000. ...
. In 2002 the university entered into cooperation with the
City University of Seattle City University of Seattle (CityU) is a private university in Seattle, Washington. In 2016–17, CityU enrolled 6,755 students worldwide. The university consists of the School of Business and Management, The School of Education and Leadership, ...
in the United States, and in 2004 joined the Erasmus programme and
European Credit Transfer and Accumulation System The European Credit Transfer and Accumulation System (ECTS) is a standard means for comparing academic credits, i.e., the "volume of learning based on the defined learning outcomes and their associated workload" for higher education across the E ...
(ECTS). In 2009 VSFS received state approval of its doctoral program and became a university. Since September 2016, the VSFS has its branch in Karlovy Vary, the building is in the city center, on the T.G. Masaryk Avenue.


Study programs

In addition to Bachelors and Masters study programmes, and a Doctoral Study Programme (Ph.D.), the university runs study programs for local and regional government bodies, accredited by the
Ministry of the Interior An interior ministry (sometimes called a ministry of internal affairs or ministry of home affairs) is a government department that is responsible for internal affairs. Lists of current ministries of internal affairs Named "ministry" * Ministr ...
. Thanks to its cooperation with the City University of Seattle, VSFS also runs
Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accoun ...
(MBA) and Bachelor of Science in Business Administration (BSBA) programs in English. These include MBA programs focused on Global Management, Financial Management or Marketing Management, and a BSBA program offered as a Double Degree, a combination of the Czech and English program.


Regional campuses

The director of the campus in Most is Josef Švec, and the director of the campus in Karlovy Vary is Lenka Chlebková.


Erasmus partners

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Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...
: EPHEC *
Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...
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HUMAK University of Applied Sciences Humak University of Applied Sciences ( fi, Humanistinen ammattikorkeakoulu, i.e. "Humanist"; HUMAK) is a university of applied sciences (a polytechnic) in Finland. Humak is a leading educator in the humanities, pedagogy, and cultural management in ...
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Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...
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Savonia University of Applied Sciences Savonia University of Applied Sciences (Finnish: Savonia- ammattikorkeakoulu) is a local municipality-owned Finnish institution of higher education based in the cities of Kuopio, Iisalmi and Varkaus. Savonia offers bachelor's and master's degre ...
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France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
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Burgundy School of Business Burgundy School of Business (BSB), created in 1899 by the Dijon Chamber of Commerce, is a private higher educational establishment. The school is a member of the network of French Grandes écoles (Conférence des Grandes Écoles). History Fo ...
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France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
: Douai Business School *
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
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Paris 12 Val de Marne University Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the List of cities proper by population density, 30th most den ...
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France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
: Groupe ESC Troyes *
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
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Lille University of Science and Technology , image_name = Lilliad Learning Center Innovation.jpg , image_size = , caption = Université de Lille I , established = 1559, 1854, 1970 , type = Public: science and technology , president ...
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Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the ...
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Budapest College of Management Budapest College of Management ( Hungarian: Általános Vállalkozási Főiskola) business and management training college located in Budapest, Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of ...
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Ireland Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...
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Maynooth University NUIM Maynooth (; ga, Maigh Nuad) is a university town in north County Kildare, Ireland. It is home to Maynooth University (part of the National University of Ireland and also known as the National University of Ireland, Maynooth) and St Patrick's ...
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Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ...
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Bifröst University Bifröst University () is located in the valley of List of valleys of Iceland, Norðurárdalur, approximately 30 kilometers north of Borgarnes, Iceland. Originally a business school, it also offers degrees in law and social sciences, at both bach ...
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Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...
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Sapienza University of Rome The Sapienza University of Rome ( it, Sapienza – Università di Roma), also called simply Sapienza or the University of Rome, and formally the Università degli Studi di Roma "La Sapienza", is a public research university located in Rome, Ita ...
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Liechtenstein Liechtenstein (), officially the Principality of Liechtenstein (german: link=no, Fürstentum Liechtenstein), is a German-speaking microstate located in the Alps between Austria and Switzerland. Liechtenstein is a semi-constitutional monarch ...
: Hochschule Liechtenstein * Lithuania:
Vilnius University Vilnius University ( lt, Vilniaus universitetas) is a public research university, oldest in the Baltic states and in Northern Europe outside the United Kingdom (or 6th overall following foundations of Oxford, Cambridge, St. Andrews, Glasgow and ...
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Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
: Fachhochschule Ingolstadt *
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: University of Applied Sciences, Mainz *
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Beuth University of Applied Sciences Berlin Beuth may refer to: * Beuth (locomotive) * Christian Peter Wilhelm Beuth * Peter Beuth * Beuth Verlag, a subsidiary of the DIN Group (Deutsches Institut für Normung ' (DIN; in English, the German Institute for Standardisation Registered As ...
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Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
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Chemnitz University of Technology Chemnitz (; from 1953 to 1990: Karl-Marx-Stadt , ) is the third-largest city in the German state of Saxony after Leipzig and Dresden. It is the 28th largest city of Germany as well as the fourth largest city in the area of former East Germany a ...
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: Ravensburg University of Cooperative Education *
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
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University of Gloucestershire , mottoeng = In Spirit and Truth , established = , type = Public , endowment = £2.4 m (2015) , chancellor = Rennie Fritchie, Baroness Fritchie , vice_chancellor ...
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United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
: Robert Gordon University *
Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...
: Hogeschool Zeeland *
Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...
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Opole University of Technology Opole University of Technology ( Polish name: Politechnika Opolska; sometimes called in English Technical University of Opole) is a university located in Opole, Poland Poland, officially the Republic of Poland, is a country in Centra ...
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Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...
: Wroclaw University of Economics *
Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
: Fachhoschule des bfi Wien *
Slovakia Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the s ...
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City University of Seattle City University of Seattle (CityU) is a private university in Seattle, Washington. In 2016–17, CityU enrolled 6,755 students worldwide. The university consists of the School of Business and Management, The School of Education and Leadership, ...
*
Slovakia Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the s ...
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Slovenia Slovenia ( ; sl, Slovenija ), officially the Republic of Slovenia (Slovene: , abbr.: ''RS''), is a country in Central Europe. It is bordered by Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the southeast, an ...
: GEA College of Entrepreneurship *
Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...
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campus *
Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...
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campus *
Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula in ...
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Anadolu University Anadolu University ( tr, Anadolu Üniversitesi) is a public university in Eskişehir, Turkey. The university is known for its success in verbal fields such as history and communication. Its Faculty of Communication Sciences is sometimes considered ...


See also

* Education in the Czech Republic


References


External links


VSFS WebsiteInformation system (IS) VŠFSVSFS International Students ClubACTA of VSFS – R & D magazine
{{DEFAULTSORT:Finance and Administration, University of University of Finance and Administration Business schools in the Czech Republic Educational institutions in Prague Educational institutions established in 1999 Universities in the Czech Republic 1999 establishments in the Czech Republic