Frequently Asked Questions (FAQ)

Application Submission

• Submit your e-application by the deadline, upload your Motivation Letter, Passport, and pay the application fee.
• Provide an email address that will remain active at least until the end of August (preferably a personal one, not a school email).
• Only one application can be submitted to FFA for the English programme with one study programme (BIFA / MIFA)
• Offered study programme in English: B-BIFA Finance and Accounting
• Choosing programmes from other VŠE faculties within this FFA application is not permitted.
• After completing the application and paying the application fee, the application is accepted (closed) and can no longer be modified.

Application Fee

• The fee is EUR 100 per application.
• After submitting the e-application, payment can be made by card or bank transfer using a QR code.
• QR code payments are not immediate; processing may take several days—please pay in advance.
• If paying by bank transfer, include the variable symbol provided by email. For international payments, also include your name in the “Message to recipient” field.
• If a lower amount is paid, the applicant will not be registered.
• The fee is non-refundable. Cash or postal payments are not accepted.

Invitation to Entrance Exams

• The invitation (date, time, and location) will be sent electronically to the document storage of your e-application after each round of deadlines.
• The invitation will only be sent to completed e-applications.

1st step: Motivation letter (ML) and CV

Write a motivation letter in academic English with a CV, using the provided template (download the template here). Explain why you wish to study this programme, what you expect from the studies, and what professional goals you aim to achieve (focus as specifically as possible on the fields of finance, accounting, and economics).

ML / CV is a mandatory document submitted with the e-application.

2nd step: Online interview via webcam

Applicants will complete the second step of the application as an online interview via webcam.

Applicants with complete e-applications will be invited to online interviews, based on their Motivation Letters (ML). Successful applicants will receive an invitation via email.

Online interviews in English focus on the ML submitted by applicants and on a brief, basic general economic discussion relevant to the study programme.

3,000 EUR per semester.

The standard duration of studies: 6 semesters = 3 years = a total of 18,000 EUR.

The tuition fee must be paid before the start of each relevant semester.

The Prague University of Economics and Business reserves its right to request payment of the tuition fee for the first semester before issuing the confirmation of study acceptance for visa purposes.

If the tuition fee is not paid before the beginning of the semester, the Prague University of Economics and Business reserves the right to terminate the student’s studies.

The total fee per semester does not include any additional bank costs.

BIFA students are eligible for the merit scholarship in the second and third year of the programme, based on their grades in the previous year of the study in the programme.

See Student Handbook for more information.

The BIFA programme is accredited by ACCA.

Students may obtain the Higher Diploma in Accounting and Business by ACCA upon successful completion of the BIFA programme.

The following courses must be completed:

• Financial Accounting I → K1 Financial Accounting
• Management Accounting I + II → K2 Management Accounting
• Corporate and Business Law → K3 Business Law

Students may also apply for exemption from Taxation I + II → E1 Taxation

Students choose one course from the following: Internship or Project.

The Internship process is individual. Students find their internships individually and may receive support from the Faculty by receiving a recommendation letter. The internship must be at least 2-3 months long to receive the 20 credits. The Internship must usually be in the countries participating in the Erasmus+ programme, including the Czech Republic.

If a student chooses a 20-credit Project instead of an internship, they will work on a practically oriented business case study that can also be used in part for their bachelor’s thesis.

See information for students.

See information for students.