Center for Economic Research and Graduate Education – Economics Institute

Tuition & Fees

MAE is a tuition-based program and students are expected to cover the living expenses themselves. Scholarships are available in the form of tuition discount and are given to a few exceptionally well-prepared applicants each year.

Contents

 

Tuition

Standard tuition for the complete MAE program is 8500 Euro.

Scholarships

Exceptionally well-prepared applicants can apply for a scholarship. Scholarships are considered on a case-by-case basis.

Scholarships are offered in the form of tuition discount and can be up to 50% of the tuition. No full scholarships are granted.

To apply for the scholarship, submit a Scholarship Request together with other application materials. The Scholarship Request is a maximum 2-page motivation letter describing your achievements and goals and explaining why you should receive the scholarship. Remember that academic merit is the criterion for awarding scholarships.

The Scholarship Request can be uploaded on the last page of the online application form or sent by email to: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Payment Schedule

MAE tuition is paid in four installments:

Payment Sum Paid by
Tuition deposit* 1000 USD May 15, 2014 or within 30 days of receiving your admissions decision if you apply after March 31, 2014
First tuition payment (Your tuition level) / 3 - 1000 USD

The first day of the Fall Semester: mid-September
Second tuition payment (Your tuition level) / 3 The first day of the Spring Semester: beginning of January
Third tuition payment (Your tuition level) / 3 The first day of the Summer Semester: mid-April

*Tuition deposit confirms your place in the program; it's non-refundable.

Method of Payment

We accept payment through electronic bank transfer. Details for making payments will be provided when you are admitted to the program. For extraordinary smaller payments, you can also pay via PayPal.

Failure to meet the payment schedule will cause you to lose student status and make it impossible to complete the MAE program.

 

Fees

There might be several costs involved with attending CERGE-EI MAE program in addition to tuition.

Health Insurance (required by Czech law)

It is required by Czech law to have health insurance from an approved insurance company regardless of coverage you might have from your home country. You purchase the insurance when applying for the visa.

Estimated costs: approximately 750 EUR for the 6-month visa period (about 1500 EUR for the complete 12-month MAE program).

Visa Application Costs

Applying for the Czech visa incurs several costs that depend on your citizenship, your location relative to an embassy or consulate, and the time when you apply.

Thesis (optional)

Fee: 3000 USD for completing a thesis

Paid by: the first day of the semester you start work on the thesis.

Completing the thesis is not required to gain the MAE degree. This fee pays for the increased faculty attention to an individual student and added administration costs.

 

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 the granting of other funds.

It is possible for students to obtain bank loans and other support for study. The MAE program is eager to provide all documents required to apply for a study loan upon request.