UNC Kenan-Flagler Business School

Semester Study Abroad Programs

Czech Republic: University of Economics

Student Life
  • Overview

    Kenan-Flagler Global Programs (KFBS semester exchanges, KFBS summer programs, and KFBS short-term immersions) are ONLY open to students who have been admitted to the major or minor Undergraduate Business Program. Pre-business students and non-business majors and minors are not eligible to apply to Kenan-Flagler Global Programs. Admission status to the Undergraduate Business Program will be verified for all applicants.

    The University of Economics (VSE) in Prague is one of the top universities for management and economics studies in the Czach Republic. It has a student population of over 19,000 graduate and undergraduate students. With roots dating back to 1919, the University of Economics has gained prominence in Central Europe for its research and extensive network of international partners.

    Visit the program's website
    View program evaluations from past participants

    Application checklist


    • GPA Requirement: 3.00 
    • Language Prerequisite: None
    • Class during program (min): Junior
    • Language of Instruction: English
    • Non-UNC may apply? No 

    Exchange Options
    • Undergraduate Exchange: Yes Exchange Only 
    • Graduate Exchange: No
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  • Program Terms and Dates

    This program is offered during the following terms: Fall, Spring

    Program dates are generally as follows:
    Fall - Mid September to Mid December
    Fall 2017 dates are September 18 – December 22
    Spring - Mid February to Late June
    Spring 2018 dates are February 5 - May 11

    Application Dates

    Fall 2019 Program:

    • ​​Application opens: November 1, 2018
    • Application deadline for Fall 2018: February 21, 2019
    • Notification begins: March 8, 2019
    Spring 2020 Program:
    • Application cycle opens: March 1, 2019
    • Round 1 application deadline for Spring 2019: April 11, 2019
    • Round 1 notifications begin: April 26, 2019
    • Round 2 application deadline for Spring 2019: September 5, 2019
    • Round 2 notifications begin: September 13, 2019

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  • Academics

    Credit information for KFBS students

    Kenan-Flagler students studying at the University of Economics take a variety of business elective courses towards their undergraduate business major. This university does not offer equivalent courses to Kenan-Flagler's undergraduate core courses. The University of Economics offers courses in business administration and economics - to receive business elective credit, students must take business (and not economics) courses.

    Courses taken at the University of Economics will transfer back to UNC Pass/Fail. Achieving a grade of 3 or above will transfer back to UNC as a pass course, which will not affect UNC GPA. Students who receive any grade under 3 will fail the course and an F grade will transfer back to UNC, which will affect their UNC GPA. Though transfer credit for this program is Pass/Fail, future employers and graduate schools will also look at the VSE transcript, so grades are important.

    Students participating on this program will transfer back .6 UNC credits for every 1 ECTS credit (meaning that a 5 credit ECTS course transfers back as 3 UNC credits), and students are expected to take at least 20 ECTS credits (worth 12 UNC credits) total during the semester. A student who earns a 3 or above in all courses will receive a total of 12-18 UNC credits for their semester abroad, depending on how many ECTS credits they take (between 20-30 ECTS).

    This program also fulfills Experiential Education and you will earn points towards the Kenan-Flagler Inclusive Global Leadership Initiative. Full-time enrollment on this program is defined as a minimum of 12 credit hours.« PrevNext »
  • Housing

    Students studying at the University of Economics stay in a student dormitory with other international students. This dormitory is old, inexpensive, and lacking the amenities many U.S. students have come to expect.

    Please see http://ozs.vse.cz/english/exchange-programme/housing/ for more information.

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  • Student Life

    Widely considered one of Europe's most beautiful cities, students enjoy life in Prague for its scenery, activities, affordability, and for its accessibility to other points of interest in Europe. Prague is a major cultural and economic center in the region. With a population of over 1.3 million, there are many historical and cultural sites to visit as well as galleries, museums, and shopping.

    Check out a day in the life of an exchange student at VSE here.

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  • Budget

    Here, you will find a list and links to costs related to this program.
    Last cost update: December 2018

    We suggest you create your study abroad budget using this worksheet to help you think about your costs on this program:

    • Populate the figures from the tables below into the left side costs of attendance
    • Input your financial resources on the right

    Your customized budget sheet can help determine your current financial status, and help you understand what additional funding you may need to help make this an affordable program option.

    Cashier Billed Expenses*:

    UNC Tuition and Fees
    Take the amount on the Tuition and Fees line and divide by 2 to get your semester tuition and fees cost

    Fee UG Business major/minor
    Based on major/minor enrollment
      Study Abroad Fee $700

    GeoBlue International Medical Insurance

    *Cashier Billed Expenses are those charges billed directly to your UNC ConnectCarolina account.


    Out of Pocket Estimates**:

    International Airfare

      Meals $2,500
      Immigration Visa/Residence Permit

    Passport Application Renewal
      Course Materials $100
      International Cell Phone Plan $350
      Personal Expenses
                Travel Insurance $400
                Local Transportation $50
                Personal Travel $1,500
                Incidentals (ex. Laundry) $750
                Shopping/Souvenirs $150
                Other Personal Expenses***  
      Total Estimated Expenses: In-State  $15,400
      Total Estimated Expenses: Out-of-State $28,414

    **Out of Pocket Estimates are based on the cost of the program, which is determined by combining the average costs our previous students have spent in each of these categories, along with the costs our partner provides to us as their averages. These estimates are subject to change based on exchange rate fluctuations, bank fees, and individual variances in costs of living.
    ***Other Expenses: the budget worksheet also has a place for you to input other expenses outside of the out-of-pocket estimates that you may incur, such as attending concerts or sporting events.

    Funding your study abroad program

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  • Accessibility

    Please make an appointment with a Kenan-Flagler Global Programs Advisor via the Intranet if you would like to discuss this program. We work with students who are registered with the Accessibility Office or who may require certain accommodations for study abroad.

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  • Applicants will upload the following items depending on their application type:

    X X X
    Resume X X X X
    UNC Transcript X X X  
    Reference X
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    Course Schedule X
    Scholarship* X
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    Campus Safety/Honor Code* X X X X

    *Indicates that uploads may not be required. Click here for additional information and application instructions.

    Apply Now!

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