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  • Locations: Prague, Czech Republic
  • Program Terms: Academic Year, Fall, Spring
  • Program Website: Click to visit
  • Program Sponsor: Charles University (Faculty of Social Sciences) 
  • Budget Sheets: Fall, Spring
  • Pre-Approved Courses
  • This program is currently not accepting applications.
Fact Sheet:
Minimum GPA: 3.5 Housing Options: Apartment
Class Eligibility: Junior, Senior Language of Instruction: English
Internship: Yes Service Learning: No
Academic Areas: Art History, Business, Communication Studies, Economics, Environmental Studies, European Studies, Film Studies, Finance, History, Philosophy, Political Science, Psychology, Sociology Language Pre-requisites: None
Scholarships: Center for International Programs Volunteer Opportunities: No
Visa Required for U.S. Citizens: Yes
Program Description:

IEF Cover
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 International Economics and Finance Studies (IEF) Highlights

1. Take courses with prestigious faculty members and alongside Czech and other European students.
2. Gain a deeper understanding of essential topics in the global economy. The IEF Program offers courses in business topics such as: International Finance, Strategic Management, Public Policy, and Economics of Global Business.
3. Students directly enroll in Charles University's Institute of Economic Study (IES).
4. Study in the historic center of Prague.
5. Live with your peers in centrally-located program sponsored apartments.

Quick Facts

More about the IEF Studies

International Economics and Finance Studies (IEF) is a new study abroad opportunity at UPCES in Prague  primarily for economics, finance, and business students. It enables undergraduate students with structured majors such as economics and business to benefit from studying abroad while remaining on track for graduation.

Located in the heart of Prague, IEF seeks to combine rigorous classes with an unparalleled international experience in one of Europe’s most exciting cities.

IEF is run in conjunction with UPCES, a leading, long-established undergraduate study abroad program in Prague.

Economics, Finance, Public Policy, and Business courses are offered direct enroll through Charles University's Institute of Economic Studies (IES).

IES classrooms offer a unique opportunity to interact with students from around the globe. A typical IES course has as many as 80 students of different nationalities and provides a truly multicultural environment for learning.

Courses aim to deepen your understanding in critical areas of finance and economics. The courses are taught by leading academics and are designed to provide you with a thorough grounding.

IEF students live in program sponsored apartments. Apartments are located throughout the center section of Prague. Students do not just interact with Europeans, but truly live amongst them.

Each semester, IEF students are invited on group trips to Kutna Hora or Karlovy Vary, Cesky Krumlov, Litomerice, and a 3-night trip to Krakow, Poland, depending on the semester. IEF students can also participate in a series of cultural trips within the immediate area of Prague. Czech and other European students are invited on these trips as well. UPCES trips generally take place on Fridays, and IEF students will need permission from the faculty to participate.

 Important Curriculum Details

  1. IEF students directly enroll in one or two economics/business courses at the Institute of Economic Studies (IES) of Charles University. 
  2. Students also choose their remaining courses at the UPCES partner program, with subjects ranging from architecture, art history, and literature to communication, political science, and sociology.
  3. IEF and UPCES students enroll together in a beginner Czech language course. This course spans the entire semester and includes an intensive session during Orientation.
  4. IEF courses meet Monday through Friday. 
  5. IEF students are invited on UPCES program trips; however, they must seek permission from IES faculty to miss class if conflicts exist.
  6. The IEF semester calendar is sometimes a week longer than the UPCES semester, but tuition is the same price. UPCES staff will work with landlords to accommodate IEF students through the full semester.
  7. All IEF courses are intended for economic/business majors at the Junior and Senior level. Some courses require prerequisites. Guidance in course choices assures that students are placed at the correct course level.

IEF offers an economic and business focus with unlimited outlets for learning and personal growth, in and out of the classroom.

 An incredible semester in Prague awaits you. Visit the IEF website for more information, and apply now!

Students should consult the "Budget Sheets" at the top of this page for estimated program costs. (For the most up-to-date cost information, please visit the program's website directly). In addition, before choosing to study abroad in another country for anywhere from three to six months, you should consider the exchange rate of your host country as well as the cost of living in the city where you will be.
Related Scholarships

Center for International Programs Study Abroad Grant 
Please apply for this program before applying for the CIP Study Abroad Grant (due October 15th or March 15th).  Use the 'Featured Program' Search to apply to this grant.  

Department of Political Science Scholarship Thomas Fund Scholarships
In addition to the financial assistance for lectures, the Thomas Family Fund provides funding to Political Science students who are studying abroad for a semester. In the last two years alone, four students have benefitted from the Thomas Family Fund. In spring 2010 Alyssa Ryan '11 studied in London and interned with a member of the British Parliament; Frederick Roth '11, studied in Leuven, Belgium and interned in the European Union Parliament in spring 2010; Megan Scheidemann '11, also studied in Leuven, Belgium and interned for the European Union Parliament in spring 2009; Amar Sharif '12 traveled to South Africa for the fall 2010 semester and participated in the Marquette program. The fall 2014 recipient was Milena Vulopas, who also participated in the Belgium Internship Program. To apply, please contact the Political Science department.
Things to Remember Before Applying
  • You must meet with a CIP staff member before beginning your application. 
  • Per the SJU Semester Abroad Policy, a limited number of applications will be reviewed and approved on a first come, first serve basis.
  • This program requires a separate application to be submitted directly to them. Please refer to their website for deadlines and application requirements.  
  • If approved by the CIP, you will be required to submit a non-refundable $300 Confirmation deposit WITHIN 10 BUSINESS DAYS of approval notice. 

Dates / Deadlines:

There are currently no active application cycles for this program.

This program is currently not accepting applications.