Tuition & Fees
Find out how much the MAE program at our university in Prague costs, and opportunities for scholarships and discounts.
Tuition
Standard tuition for the complete MAE program is 12,000 Euro.
According to the mission of CERGE-EI, most students with citizenship from a post-transition and/or developing country have a tuition discount. A typical tuition level for a student from a post-transition or developing country is 8000 Euro for the complete MAE program.
Scholarship application
Exceptionally well-prepared applicants can apply for a scholarship of up to 50% of whatever tuition they would otherwise pay. These scholarships are considered on a case-by-case basis. The number of scholarships granted depends on the budget situation and the applicant pool, but generally only a few scholarships will be granted each year.
To apply for the scholarship, when you submit your application also submit by email a letter describing why you should gain the scholarship. The letter should be two pages maximum. Remember that academic merit is the criterion for awarding the scholarship.
Part-time study
If you decide to study part-time after the Fall Semester, you can take courses whenever they are offered without paying extra. However, you must complete the program by four years from the time you begin study at the latest. If you do not complete all the degree requirements by that time, your paid tuition is forfeit and your student status will be revoked.
Room 8 at CERGE-EI, a classroom
Fees
Other than tuition, there are fees for the following items:
- Preparatory Semester
- Administration when not enrolled in a course
- Thesis (optional)
- Health insurance (required by Czech law)
- Visa application costs.
The fee for the Preparatory Semester depends on which courses you are required to take and in what form (on-line or in-person). Most students are required to take three Preparatory courses in an on-line format, which usually costs 300 Euro.
The Administration fee for when you are an MAE student but you are not enrolled in any courses is 100 Euro per semester.
The fee for completing a Thesis is 1500 Euro. This fee pays for the increased faculty attention to the individual student and added administration costs.
You are required by Czech law to have health insurance from an approved provider regardless of coverage you might have from your home country. We will help you search for the cheapest insurance option, but we estimate that health insurance will cost around 750 Euro for the 6-month visa period (so about 1500 Euro for the whole 12-month program). You purchase this insurance when applying for the visa.
Applying for the visa incurs several different costs that depend on your citizenship and your location relative to an embassy or consulate. It also depends on when you apply.
Room 7 at CERGE-EI, a lecture hall
Payment
Timing
The exact payment schedule for tuition and Preparatory Semester fees will be announced soon after admissions decisions are made. Usually the payment is made in three installments with due dates at the beginning of August, the first day of the Fall Semester, and the first day of the Spring Semester.
The Administrative fee if you are not enrolled in any courses is due before the first day of that semester.
The Thesis fee is due before the first day of the semester when you begin writing the Thesis.
Method of payment
We can accept a variety of methods of payment: bank transfer, credit card, wire transfer, PayPal, etc. Each admitted student will be contacted to agree on the particular method of payment of tuition.
Failure to meet the payment schedule will cause the student to lose student status and make it impossible to complete the degree program.
Financial support
Other than generous individual discounts and scholarships, CERGE-EI at the present time cannot offer any other financial support for students, nor do we administer granting of other funds.
It is possible for students to obtain bank loans and other support for study. The MAE program will make every effort to assist students in searching for such opportunities.
Room 1 at CERGE-EI, a small classroom
