Czech Government Scholarships for Master’s Studies

Attention all prospective Bachelor's graduates from developing countries! Don’t miss this incredible opportunity! Apply for a Czech Government Scholarship that fully covers tuition fees for selected Master’s programs and provides subsidies for health insurance and living expenses in the Czech Republic. These scholarships are available exclusively to citizens of Bosnia and Herzegovina, Cambodia, Ethiopia, Georgia, Moldova, Ukraine, Zambia, and Belarus (democratic forces). For more information on the scholarships, please click here.

Study at Charles University in Prague

Utilize this scholarship to study at the prestigious Charles University in the vibrant city of Prague. Charles University is consistently ranked as the top university in the Czech Republic, both overall (see here) and in the fields of economics and finance (see here). Prague is renowned as one of the most attractive cities in Europe, as highlighted in a recent article by AFAR, a magazine focused on experiential travel (see here).

Eligible Master’s Programs

The scholarship can be applied to the Master in Economics and Finance (MEF) or the Master in Finance and Data Analytics (MFDA) programs. Both programs are fully taught in English. They prepare students for successful careers in asset management, investment banking, strategic consulting, commercial banking, data analytics, and other segments of the financial industry. Additionally, these programs prepare students for employment in global and national financial institutions and for doctoral studies and subsequent academic careers.

• More information about the MEF program can be found here, here, and here.
• More information about the MFDA program can be found here and here.

Optional Pre-Evaluation for MEF

After filing their application for the scholarship at the Czech government website here, applicants to the MEF program who wish to enhance their chances of receiving a scholarship are invited to also email the following documents (in English) for pre-evaluation by Charles University. Charles University will later send the results of its pre-evaluation to the Czech government to bolster the applicant’s prospects of success.

• Curriculum Vitae (CV).
  • Include details of your previous studies, employment, volunteer work, extracurricular activities, achievements, etc.
• Transcripts of Records.
  • List courses studied to date and grades received. Please provide an explanation of the grading scale as well.
• Letter of Motivation.
  • Explain why you have chosen the MEF program and highlight your strengths to be considered in the application process.
• Certificates of Aptitude and Language Tests (Optional).
  • Optionally, attach scans or photos of certificates for aptitude tests (e.g., GMAT, GRE) and language tests (e.g., TOEFL, IELTS).
• Letters of Recommendation (Optional).
  • Optionally, provide letters of recommendation from your professors, supervisors, etc.

Application Deadline

Apply for the scholarship using the online form. For studies beginning in the academic year 2025/2026, the application deadline is September 30, 2024. For MEF applicants, email the above-specified documents for pre-evaluation to: mef.ies@fsv.cuni.cz (the deadline for this is also September 30, 2024).