Success of the University of Economics, Prague (VŠE) in the CEMS alliance

13 Dec

In the 2010/2011 academic year, VŠE achieved excellent results. In the regular evaluation of the quality of implementation of the CEMS program, VŠE scored among the six best schools. The university “CEMS Club” also won 1st prize and got a financial award for its activities.

CEMS is a global strategic alliance of 26 prestigious business schools from different continents, 75 multinational companies and four international non-profit organizations.  The CEMS Annual Event in Lisbon, held this year from December 8-10, confirmed the strategy of globalization that CEMS has undertaken in the last five years.

The main project for achieving this goal is the joint CEMS Master’s in International Management program. In the 2010/2011 academic year, 798 students finished the program, of which 44 graduates were from University of Economics, Prague. The graduation ceremony was held at Centro Cultural de Belem in Lisbon and was personally attended by nearly 600 students and rectors, deans and other academic officers from all 26 member universities.

In the regular program quality evaluation for academic year 2010/2011, VŠE scored among the six best evaluated schools with an average rating of 4.0 (rating scale 1-5). Students evaluate not only the quality of teaching content (curriculum and level of obligatory and elective courses and business project), but also the quality of provided service and their impression from the exchange program. The best rated universities – Portuguese Nova and Swiss University of St. Gallen – received a rating 4.2, Irish University UCD – in second place –  was evaluated 4.1 and VŠE shares the third place, together with Finnish Aalto University and French HEC Paris.

The student organization „CEMS Club“ also experienced extraordinary success. For their activities in 2011, they got 1st place and took an award of 1500 EUR for further development.

cems_vse_2.jpgThe CEMS MIM program is unique in its emphasis on internationalization and connection with the business sphere. The CEMS alliance was founded in 1988 and since that time, there have been more than 6 100 alumni working in 72 countries worldwide. In the 2011/2012 academic year, there have been 920 students of 60 different nationalities accepted for the program.  Students have to be fluent at least in two world languages. The master’s program is then a combination of studies at the home university and study abroad. An integral part is also at least a 10-week work experience abroad and participation in skill’s seminars, seminars and business projects that are organized in cooperation with corporate partners.

At the last meeting in Lisbon, the CEMS alliance expanded and decided to include new universities. As its first Chinese member, there is Tsinghua University, School of Economics and Management. The group of corporate partners included: Beiersdorf (e.g. brand Nivea), Capitaland Ltd, Catalent Pharma Solutions, Maersk (the largest container shipper in the world), Mastercard Europe, QBE Insurance Group, Scotiabank and Telekomunikacja Polska (part of France Telecom) and two non-profit organizations: Transparency International and UNAOC (United Nations Alliance of Civilizations).

More information is available at: