Detailed information

Detailed information

BACHELOR IN ECONOMICS AND FINANCE (BEF)

To complete the programme, the students must (i) collect 180 ECTS credits and (ii) defend their Bachelor’s Thesis. The available courses consist of mandatory courses, elective and optional courses. The mandatory and elective courses are taught at the Institute of Economic Studies (IES), the optional (off-field elective) courses can be taken at any department of Charles University (including Czech language classes).

Course Structure

Mandatory courses

Mandatory courses introduce the students to microeconomics, macroeconomics and provide students with nontrivial tools of mathematical analysis and statistics. Mandatory courses are intended to give a broad overview of major topics in economics and finance and to provide a solid background for further studies of specialized elective courses. Bachelor thesis seminars prepare a student for the selection of the topic of the thesis and provide a guide for writing the thesis.

  • Principles of Economics I and II
  • Microeconomics I and II
  • Macroeconomics I and II
  • Introductory Mathematics
  • Mathematics I and II
  • Introductory Statistics
  • Statistics
  • Introductory Banking
  • Financial Economics
  • Econometrics I
  • Bachelor Thesis Seminar I and II

Elective courses

Elective courses cover a wide range of specific areas in economics and finance, which allows the students to specialize in the field of their interest. The topics include finance and banking (e.g. introductory banking, financial accounting, international finance, public finance), management (e.g. strategic management, financial management), economic policy (e.g. economic policy, global financial crisis), international trade and European economic integration. We also offer courses in complementary areas (e.g. history of economic thought, game theory, and political economy, introduction to sociology).

Optional courses

Off-field elective courses can be taken at any department of Charles University or at any partner university. Students may take 27 ECTS credits outside of the Institute of Economic Studies. These credits can also be used to follow the Czech language classes offered by the Faculty of Social Sciences.

Application specificities

English Language Proficiency

The study programme is taught and examined in English and thus it is essential that applicants have a good enough command of English. Applicants with English as the first language or who completed at least two years of their high school studies with English as the main language of instruction do not need to provide evidence of their level of English. Other applicants should provide one of the following results:
IELTS Academic - minimum required overall band score  of 6.5, with band score 6.0 or above in all four components;

  • TOEFL Internet Based Test (IBT) - minimum required overal score of 90, with 20 or above in all four test sections;
  • The European Language Certificate – TELC English C1 or C2;
  • Cambridge ESOL FCE - minimum Cambridge English Scale Score of 180 (Grade A);
  • Cambridge ESOL CAE - minimum Cambridge English Scale Score of 180 (Grades A, B or C);
  • Cambridge ESOL CPE receiving a certificate;
  • LanguageCert International ESOL – both written and spoken exam at levels Expert or Mastery

For IELTS, TOEFL and TELC, only test results from the year in which admission takes place or from the previous two calendar years can be accepted. Other tests, including the following, are not considered acceptable: Test of English for International Communication (TOEIC), SAT Critical Reading and Writing (Old SAT), SAT Evidence-Based Reading and Writing (New SAT), ACT English and Reading, National Higher Education Entrance Examination (Gaokao) English subject.

Knowledge of Mathematics

Part of the degree programme is highly mathematical in content and therefore another pre-condition for acceptance is to reach the required number of points set by the Dean for that particular academic year, through one of the following options:

  • Predicted or final score in the International Baccalaureate Diploma Programme (IB) Group 5 – Mathematics; specifically of Mathematical Studies SL, Mathematics SL, Mathematics HL, or Further Mathematics HL. The required minimum from the overall predicted or final IB score is 32 points;
  • Grade from A level Mathematics in the General Certificate of Education Advanced Level (GCE A Levels) not including General Studies, Critical Thinking, Thinking Skills, Knowledge and Equiry, Global Perspectives and Research or Project Work. We are happy to consider applicants with the combination of A Level Mathematics and A or AS Level Further Mathematics. Please, indicate whether or not the applicant’s school or college offers Further Mathematics classes. The required minimum A Level is ABB. Applicants taking four subjects will not be at an advantage compared to those taking three. GCSEs or equivalent qualifications may be taken into account but will not be considered without A Levels;
  • Score in the College Scholastics Ability Test (CSAT, Suneung) subject Mathematics;
  • Score in the National Higher Education Entrance Examination (Gaokao) subject Mathematics. We are happy to consider applications from both Science/Engineering and Art/Humanities tracks. The entry requirements for 2019 intakes will be based on the 2018 Gaokao Cut Off Scores published by the Department of Education in China. The Gaokao examination report must be issued from the examination authority in the corresponding province.
  • Score in the SAT section Mathematics, or in SAT Subject Test in Mathematics Level 1, or in SAT Subject Test in Mathematics Level 2.
  • Score in the ACT Composite Test section Mathematics.
  • Score in the SCIO Mathematics Test.
  • Final exam score in Mathematics from ÚJOP, Charles University, Poděbrady

For SCIO, SAT and ACT, only test results from the year in which admission takes place or from the previous two calendar years can be accepted. An alternative to these tests is to have passed the course JEB122 Introductory Mathematics at the Faculty of Social Sciences.

Confirmation of studies may be substituted with a transcript of marks, provided that these are from the same academic year as the application. 

All documents which are not originally in Czech, Slovak or English must be officially translated into English.

The submitted documents are evaluated by the Admission Committee. Specifically, the Committee assigns points for Mathematics and English, based on the results of the respective tests, and makes a decision about the total number of points required for admission.