VŠE placed among the three best Business Schools in Eastern Europe – Eduniversal Ranking

This year the University of Economics, Prague (VŠE) repeats its success as it has placed among the three best Business Schools in the Eastern Europe in the annual international ranking of Eduniversal. This year’s results resemble the ones from 2014 when VŠE took second position, last year it was first.

VŠE has been ranked among the 27 world’s best business schools (top 3 excellent Business Schools in 9 geographical zone). The excellent result again confirms the high level of the University of Economics, Prague. VŠE has regularly ranked among the three best schools in the region since 2009. The award ceremony took place in Perth, Australia, on Monday 28 November 2016. The award for VŠE was accepted by Jakub Fischer, the university´s Vice-Rector for strategy.

Since 2008, Eduniversal has been ranking 1000 business schools and universities from 154 countries, which are divided into nine geographic world regions. In the Eastern Europe region, St. Petersburg University – Graduate School of Management came in first place and – Corvinus University of Budapest – Corvinus Business School and University of Warsaw – Faculty of Management were both ranked third.

The first step of the each year’s evaluation is taken by the International Scientific Committee (ISC), comprised of 11 members, which is responsible for the Official Selection of the best 1000 business schools. These schools are then divided within each country into five levels of excellence (the Palme of Excellence) according to a set of criteria designed to determine a school’s international influence, reputation and quality, especially the extent of internationalization. They include the existence of international accreditations, position in international rankings, membership in international organizations, the quality and number of partner schools and the school’s reputation as well as its importance in the region. Third but no less important element of the evaluation is the evaluation of Rectors and Deans of the 1000 selected universities. When evaluating, Rectors and Deans answer the following question: “Which school would you recommend to your students if they wanted to study in the given country” (in our case, in the Czech Republic)?

Based on these criteria, all schools are divided into five groups, which are characterized by the number of palms. Worldwide, only the hundred best schools get five palms and VŠE is among them. The ranking’s aim is to provide students and professionals with a global perspective of the top-class universities and the possibilities of where to acquire high quality management education.

Headquartered in Paris, Eduniversal is a global ranking and rating agency specializing in higher education. The company has established strong expertise in evaluating academic institutions and programs in France since 1994, and internationally since 2007.

Eduniversal produces two annual global rankings: The Best 1000 Business Schools in 154 countries and The Best 4000 Masters and MBA programs in 30 fields of study in 154 countries. These rankings are designed to provide information to prospective graduate students that will help them in their search for their future studies in the following zones: Africa, Central Asia, Eastern Europe, Eurasia & Middle East, Far East Asia, Latin America, North America, Oceania, Western Europe.

More information can be found on: www.eduniversal-ranking.com