Faculty of International Relations /Prague University of Economics and Business/

What Faculty of International Relations /Prague University of Economics and Business/ does

The Faculty of International Relations (Fakulta mezinárodních vztahů, FMV) is a constituent faculty of the Prague University of Economics and Business (Vysoká škola ekonomická v Praze, VŠE), a public Czech state university founded in 1991 and headquartered at nám. W. Churchilla 1938/4, Prague 3 – Žižkov. FMV holds AACSB accreditation and operates 8 specialized departments covering international business, international economic relations, international studies and diplomacy, business and European law, tourism and hospitality, and four language departments, supported by 5 institutes and research centers including the Asian Studies Centre, European Studies Centre, Jan Masaryk Centre for International Studies, and Institute for Sustainable Business.

The faculty delivers degree education across bachelor's, master's, and doctoral levels, plus executive education through Executive Academy FMV. Its technology platform is built on the VŠE-wide ecosystem including the InSIS student information system, Microsoft 365, Moodle learning management system, and Microsoft Teams for online instruction. Recent product additions include a master's program in Sustainable Transformation and European Competitiveness, an MPA in Sports Diplomacy (opening October 2026), and micro-certificate programs under Executive Academy, alongside the Professional Diploma in Corporate Compliance (now in its third cohort with 18 participants).

Revenue is generated through four streams: Czech state government subsidies (primary, allocated by student-count and research-performance formulas), tuition fees (notably English-language master's and paid programs), Executive Academy professional development courses, and competitive research grants from TAČR, GAČR, and European programs. Go-to-market combines direct student recruitment via open days, secondary school outreach, and digital channels (Facebook, LinkedIn, Instagram, YouTube, FMV podcast "Odposlech"), with alumni-driven referral through the FMV Alumni Club. The faculty maintains strategic partnerships with Kaufland (main partner), Česká spořitelna, UniCredit Bank, Škoda Auto, three Czech government ministries (Finance, Foreign Affairs, Industry and Trade), the International Chamber of Commerce, the Czech Banking Association, and an Erasmus+ exchange network plus double-degree partners including Jean Moulin Lyon 3, University of Vaasa, and iaelyon School of Management.

Name

Faculty of International Relations /Prague University of Economics and Business/

Legal name

Vysoká škola ekonomická v Praze

Website

https://fmv.vse.cz

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

The Faculty of International Relations is a Prague-based, AACSB-accredited public faculty within Prague University of Economics and Business offering bachelor's, master's, doctoral, and executive programs in international business, economics, diplomacy, tourism, and languages.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113), Professional and Management Development Training (611430)

SIC

Services-Educational Services (8200)

akta.pro primary industry

International Business & Global Management Schools (EDAHAHAJ)

akta.pro secondary industries

Dual/Joint Degree Programs (International) (EDAIABAD), Subject-Specific Short Courses & Academies (e.g., STEM, Business, Arts) (EDAIAIAC)

Keywords

• Higher education services
• International business degrees
• Diplomacy programs
• Executive professional education
• Economics university faculty

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. State Government Funding: As a public university faculty, primary funding comes from Czech government subsidies allocated based on student numbers, research performance, and institutional formulas.
2. Tuition Fees: Revenue from tuition fees for selected programs, particularly English-language master's programs and executive education courses that are paid programs.
3. Executive Academy Programs: Revenue from executive education programs including Professional Diploma in Corporate Compliance, EU career preparation courses, and other professional development offerings under Executive Academy FMV.
4. Research Grants: Funding from research agencies including TAČR (Technology Agency of the Czech Republic), GAČR (Czech Science Foundation), and European research programs for specific research projects.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels11 records

Core offering

The Faculty of International Relations offers accredited bachelor's, master's, and doctoral degree programs in international business, economics, diplomacy, tourism, and European studies, delivered by eight specialized departments. It supplements degree education with executive and professional development programs through the Executive Academy, including the Professional Diploma in Corporate Compliance, EU career preparation, micro-certificates, and the MPA in Sports Diplomacy.

Product overview

The Faculty of International Relations (Fakulta mezinárodních vztahů, FMV) is a constituent faculty of the Prague University of Economics and Business (Vysoká škola ekonomická v Praze). It operates as a multi-level educational institution offering a portfolio of interconnected programs: Bachelor’s degree programs (Bakalářské studium) covering foundational studies in international business and economics; Follow-up Master’s degree programs (Navazující magisterské studium) including International Business, International Economic Relations, International Studies and Diplomacy, and a newly launched program on Sustainable Transformation and European Competitiveness; Doctoral programs (Doktorské studium) with field-specific research committees; and Executive education through Executive Academy, offering professional diplomas (such as Professional Diploma in Corporate Compliance), EU career preparation courses, and micro-certificates. Specialized programs include the MPA in Sports Diplomacy and the Erasmus+ Blended Intensive Programme (BIP) series. Supplementary student development offerings include the FMV Odposlech podcast, Student Mentoring, Alumni Mentoring, the Demola co-creation platform, and Double Degree partnerships with international universities. The faculty’s research and innovation output is supported by institutes and centers such as the Asian Studies Centre, European Studies Centre, the Jan Masaryk Centre for International Studies, and the Institute for Sustainable Entrepreneurship.

Differentiator

Problem solved

Functional benefit

Brands

• Executive Academy: Executive education programs offered by FMV including Professional Diploma in Corporate Compliance, EU career preparation courses, and other professional development programs
• FMV Alumni Club
• MPA Sportovní diplomacie

Products and services

• Bachelor's Degree Programs (Bakalářské studium)

Quantifiable outcome

• Successful placement of graduates in international organizations, multinational corporations, and diplomatic services
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered minor and core.

• Czech Banking Association (ČBA)minorStrategic or Co-development Partner · 10 September 2025Exclusive cooperation with ČBA for students in the Compliance, Risk, and Governance specialization, offering Corporate Governance program participation.
• KauflandcoreStrategic or Co-development PartnerKaufland is listed as the main partner (hlavní partner) of the faculty, indicating a significant corporate partnership for student recruitment, internships, and industry collaboration.
• Česká spořitelnacoreStrategic or Co-development PartnerČeská spořitelna is a general partner of VŠE university, supporting the faculty through corporate partnerships and student engagement initiatives.
• UniCredit BankminorStrategic or Co-development PartnerUniCredit Bank collaborates with FMV for student events, workshops, and career opportunities in banking and finance sectors.
• Škoda AutominorStrategic or Co-development PartnerŠkoda Auto partners with FMV for student projects, company visits, and talent development in automotive business.
• Ministerstvo financí (Ministry of Finance of the Czech Republic)coreStrategic or Co-development PartnerThe Ministry of Finance collaborates with FMV for research projects, policy discussions, and student career paths in public finance.
• Ministerstvo zahraničních věcí (Ministry of Foreign Affairs)coreStrategic or Co-development PartnerThe Ministry of Foreign Affairs works with FMV on diplomacy-related research, career pathways for graduates in international service, and policy discussions.
• International Chamber of Commerce (ICC)minorStrategic or Co-development PartnerICC collaborates with FMV on international business education and professional development programs.
• Ministerstvo průmyslu a obchodu (Ministry of Industry and Trade)coreStrategic or Co-development PartnerThe Ministry of Industry and Trade partners with FMV on trade policy research and economic analysis.
• CzechInvestminorStrategic or Co-development PartnerCzechInvest collaborates with FMV on investment promotion, business development, and student engagement in international business.
• CzechTourismminorStrategic or Co-development PartnerCzechTourism and Katedra turismu a hospitality managementu (KTH) signed a cooperation memorandum for tourism research and education.
• Erasmus+ Partner UniversitiescoreChannel Partner/ Reseller/ DistributorExtensive network of Erasmus+ partner universities including institutions in Split (ASPIRA University), Lyon (Jean Moulin Lyon 3), Vaasa, Salamanca, Kolding, and Santiago de Compostela for student exchanges and BIP programs.
• Double Degree Partners (Jean Moulin Lyon 3, University of Vaasa, iaelyon School of Management)coreChannel Partner/ Reseller/ DistributorDouble degree programs with selected international universities allowing students to complete studies at FMV and partner institution, receiving degrees from both.
• Demola GlobalminorStrategic or Co-development PartnerDemola is an international co-creation platform connecting students with real-world business challenges. FMV participates in Demola Prague projects involving students from 50+ universities in 18+ countries.
• BOKU University (Vienna)minorStrategic or Co-development PartnerBOKU University collaborates with Katedra mezinárodního podnikání on foodCIRCUS project addressing food waste reduction and circular economy solutions.
• CEE Perspective AcademyminorStrategic or Co-development PartnerThe head of Katedra mezinárodních ekonomických vztahů (KMEV) serves on the Academy Board, strengthening academic-professional connections in Central and Eastern Europe.

Scale indicators3 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Faculty of International Relations, University of Economics, Bratislava: Slovak counterpart faculty at the University of Economics in Bratislava, offering closely overlapping international business, economics, and diplomacy programs in a neighboring CEE market with a similar public-university structure.
• Corvinus University of Budapest: Leading Hungarian economics and business university with strong international business and diplomacy offerings; directly comparable as a CEE public university competing for similar students, faculty, and AACSB-equivalent accreditation.
• University of Ljubljana School of Economics and Business: Slovenian public business school within a comprehensive university offering international business, economics, and management programs; comparable in scale, public-university structure, and CEE positioning.

Broad incumbents

• SGH Warsaw School of Economics: Poland's leading economics and business university with strong international relations and economics programs; broader portfolio but a direct regional peer competing for CEE students, faculty, and EU-funded research.
• WU (Vienna University of Economics and Business): Largest German-language economics and business university and a CEE/European benchmark; broader portfolio and stronger global brand, but operates in a similar academic category serving overlapping international business talent pools.

Others

• Association to Advance Collegiate Schools of Business (AACSB): The accreditation body whose AACSB accreditation FMV holds; not a competitor but the reference ecosystem that defines FMV's quality tier and peer set.
• BOKU University: Austrian university partner collaborating with FMV on the foodCIRCUS circular-economy project; an established European research partner rather than a direct competitor, useful as a benchmark for international research collaboration.

Emerging players

• Central European University: Private CEE-rooted university with economics, political science, and international relations programs; targets a similar international, policy-oriented student segment as FMV's diplomacy and European studies programs.
• ESCP Business School: Multi-campus European business school with explicit focus on international business and management; competes for similar international and European students as FMV and offers comparable exchange-driven degree structures.

Regional players

• University of Economics Ho Chi Minh City: Major Southeast Asian economics and business university focused on international business education; comparable academic category and program mix but serves a different geographic market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fmvvse
• YouTubeyoutube.com/c/FakultamezinárodníchvztahůVŠEvPraze
• Facebookfacebook.com/fmvvse
• LinkedInlinkedin.com/company/fmvvse
• Instagraminstagram.com/fmv_vse

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Faculty of International Relations /Prague University of Economics and Business/