Center for Economic Research & Graduate Education - Economics Institute

Applicant FAQ

The purpose of this FAQ is, simply, to answer the questions that people ask most often. Searching for the right graduate program in economics is a difficult process, so we have tried to answer in a clear way the most commonly-asked questions about the program.

Information about the PhD Program is all centrally located in this section of the CERGE-EI site. For detailed information about the program requirements (for example, classes that students must take, examinations, dissertation-writing, etc.) you should also look through the course of study section. For a list of most frequently asked questions, you should look below (in other words, you’re in the right place now!).

About the CERGE-EI Admission Process

  1. Who may apply?
  2. What background do "typical" students have?
  3. How do I apply?
  4. What are the deadlines?
  5. What should be the level of my English ability?
  6. How many students enroll at the new academic year? What is my chance to be admitted to CERGE-EI?
  7. Can you tell me something more about recommendation letters?
  8. I am not able to manage some indentures in time. What should I do?
  9. Can applicants from developed countries receive the financial support?
  10. Can students ask for the travel grant to get to CERGE-EI?
  11. What  if I will finish my  M.A. studies only after the application deadline?

About the CERGE-EI Study Program

  1. What is the program, and what is it not?
  2. How much does it cost?
  3. What happens if I am accepted into the program?

What if I still want more information? What if this FAQ doesn’t answer my question? What do I do now?

 

What is the program, and what is it not?

The program is designed to offer a high level of academic education in the field of theoretical and applied economics. Although some CERGE-EI graduates move into management consultancy positions after graduation, the CERGE-EI MA or PhD in Economics should not be confused with an MBA degree.

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Who may apply?

Applicants are expected to hold at least a Master’s degree or its equivalent (e.g., 5-year Specialist degree from former CIS countries) or expect to complete the Master by June of the year when they want to start the MA/PhD program. Only applicants with a Master degree or its equivalent are usually given the financial support (see Tuition & Fees).

Students with only a Bachelor degree are strongly encouraged to apply for the Joint Masters in Economics program, that contains a substantial portion of the MA/PhD curriculum.  This program has been designed for academically motivated students who would  like to obtain a PhD degree in economics and pursue careers in the global academic sector and international organizations among others.

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Who should apply? What background do "typical" students have?

There are no hard and fast rules here. Students have come from a number of academic backgrounds, most typically with a technical and/or mathematical focus.

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How does my degree affect the admission?

Applicants are expected to hold at least a Master’s degree or its equivalentor be expected to complete the Master by June of the year when they want to start the MA/PhD program. An applicant with a Master's or equivalent degree usually receives the full tuition waiver.

5-year Specialist degree from former CIS countries is generally considered as a Master's degree equivalent but it depends on the specific university and on the educational system of the country where the degree was earned. Please check this with us when applying for the MA/PhD program.

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What should the level of my English ability be?

Because it is an objective measure, the best proof of English ability is an official report of a recent standardized English exam, such as the TOEFL, Cambridge Proficiency Certificate, IELTS, etc. We strongly urge you to submit  your results from any certified English exam.

Language of instruction is English, so you will be expected to read, write, understand, and speak English almost as well as a native speaker from the beginning. Moreover, the language demands of a doctoral (Master's) program are higher than those that most native speakers of English face in their lifetimes. If you do not have at least an intermediate level of English ability when starting study, you either will not be accepted or will have the increased workload of improving your English while succeeding at the normal intensive study plan in Economics.

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How many students enroll in each academic year? What is my chance of being admitted to CERGE-EI?

Usually we receive about 250 application forms, about 60 students enroll at the Preparatory semester, and approximately 30 of them begin the MA/Ph.D. program in September.

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Can you tell me something more about the recommendation letters?

You need at least two letters of recommendation (available application form) from persons familiar with your academic background. These persons have to fill and sign the recommendation forms, then put them into the envelopes and finally sign across the stuck envelopes. You can send these wrapped recommendations together with your application form, or the professors can send them separately.

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Can applicants from developed countries receive the financial support?

Yes, applicants from developed countries as well as applicants from developing countries will be considered for the financial support.

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Can students ask for the travel grant to get to CERGE-EI?

Students can request travel expenses coverage. The request for such grant should be attached to the application form and should clearly explain why such a grant is needed.

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How much does it cost?

The tuition for an academic year is 12,000 EUR.  However, Master-level degree holders typically receive full tuition waiver. In addition, Master-level degree holders  receive stipends to cover living expenses.  Bachelor-level degree holders may receive a partial tuition waiver and generally need to cover living expenses on their own.  However, in exceptional cases stipends may be granted to Bachelor-level degree holders.

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How do I apply?

Please see the financial and admission information.

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What happens if I am accepted into the program?

The application process actually has two parts - the initial application (ie the paperwork as outlined above) and the summer Preparatory semester. Students who are accepted will be invited to attend a two-month long semester that runs from late June to late August. Three courses will be offered - Microeconomics, Macroeconomics, and Mathematics. Based on candidate’s performance in these three subjects and in an English exam, final admissions decisions will be made. This happens at the end of August, and the fall semester begins in the middle of September.

Students who have completed a Master’s degree in Economics and have an exceptionally strong profile  are sometimes accepted directly into the fall semester without taking part in the summer Preparatory semester. These students will be informed of this in their acceptance letters, sent out in mid-April.

Students accepted into the summer preparatory semester will be sent, along with their Letter of Acceptance, a "Confirmation" ("Potvrzeni" in Czech) form that they will need to submit when applying for a visa  at the nearest Czech consulate. This visa should cover the entire time of the Preparatory semester plus some additional period if possible so that students might stay in Prague after the Preparatory semester and begin the fall semester without going home. Ideally, admitted students would then apply for a prolongation of their visa in the Czech Republic.

Please note that visa application process (which is usually 60-90 days, depending on the type of visa) may take an even longer time than what is specified by the Consulate. It is necessary to apply as soon as possible, and stay in contact with CERGE-EI. Arriving late for the Preparatory or Fall semester may seriously affect your performance and admission.

Regulations on immigration change quite frequently, so it is advised that students check with the Czech consulate how changes affect them.

It is also important to check the expiration date on your passport. Renewing passports can be virtually impossible outside of the country where it was issued, so it is important to make sure that your passport will not expire in the next year or two years. If it will, it is highly recommended to get a new passport before leaving for Prague.

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Where will I live after being admitted to the CERGE-EI?

Once you are admitted to the program, you can be sure that CERGE-EI manages an accommodation for you in some Prague dormitory. However, you are not allowed to take your family members with you. Only if both you and your wife (husband) are students of the Charles University, you can get an accommodation in a dormitory room for married couples. Obviously, you can arrange for private accommodation, but keep in mind this is more costly.

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What if I still want more information? What if this FAQ doesn’t answer my question? What do I do now?

If there is a question pertaining to a question that we have not addressed, please send an e-mail to  us - and we will get back to you as soon as possible. (Please note that especially in the time of the admissions deadline, we are not able to respond immediately due to very large number of mail we get.)

 

Graduate Studies Department

Graduate Studies Department
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Tel: +420 224 005 108 or +420 224 005 161
Fax: +420 224 005 247

Mailing Address:
Graduate Studies Department
CERGE-EI
P.O. Box 882
Politických vězňů 7
111 21 Praha 1
Czech Republic

 

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