Application requirements

Application Requirements for Finance

1. Previous Study Results

Upload your documents so we can verify that you are eligible for the master’s programme.

  1. Bachelor’s diploma (or confirmation of expected graduation)
    - Upload a scanned copy in the original language, stamped and signed by your university or a notary.
    - If the document is not in English, Czech, or Slovak, include an official translation into English or Czech (also stamped and signed by a certified translator or your university).
  2. Final transcript (all completed courses and grades) - Upload a scanned copy with the same requirements as above (original language + translation if needed).

Upload both documents directly in your e-application.

Please note, HND is not sufficient for admission to our master's programmes. A completed bachelor's degree is required.

2. English Language Proficiency

All applicants must prove English proficiency by submitting one of the accepted tests listed below. We verify all results directly through the test provider, so PDFs or paper copies are not accepted. You must share your results with us through the provider’s platform.

Exemptions

You do not need an English test if you completed your entire previous studies in English in one of these countries:
Australia, Canada, EU countries, Iceland, Liechtenstein, New Zealand, Norway, Switzerland, UK, or USA.
If your country is not on the list, an accepted test is required, even if your studies were in English.

Accepted Tests and Minimum Scores
  • TOEFL iBTminimum 87
    • Home Edition accepted.
    • Results no older than 2 years.
    • Share your scores with ECON MUNI (code: D577) via the TOEFL website.
  • IELTS Academicminimum 6.5 overall (no band below 6.0)
    • IELTS Academic Online accepted.
    • Results no older than 2 years.
    • Share your scores through the IELTS database with Faculty of Economics and Administration, Masaryk University.
  • Cambridge English (C1 Advanced or C2 Proficiency)
  • PTE Academicminimum 58
  • Duolingo English Testminimum 125 overall (no subscore below 115)
    • Results no older than 2 years.
    • Submit your score through the official Duolingo website (PDFs not accepted). 
  • Scio online English testminimum 50th percentile
    • Results no older than 2 years.
    • Register on the Scio website and grant ECON MUNI access to your results.
    • Scio sends the results to us; you do not need to upload anything.
  • GRE (Verbal Reasoning) — minimum 155
    • Results no older than 5 years.
    • Share your scores with ECON MUNI (code 1260) through the GRE website.
Deadline for submitting results

All test results must be shared with us through the provider's platform by the application deadline.
Scio is the only exception —
later delivery is allowed if you take the test on one of the final eligible dates.

For the September 2026 intake, the last SCIO test you can take is:

  • 25 April 2026 (regular application deadline), or
  • 3 June 2026 (extra round for EU applicants or applicants with valid Czech residence).
3. Academic Competence

All applicants must demonstrate academic readiness through one of the following:

  • GRE — minimum 155 Verbal and 155 Quantitative
    • Results no older than 5 years.
    • Share your scores with ECON MUNI (code 1260) via the GRE website.
  • GMAT — minimum 550
    • Results no older than 5 years.
    • Share your score via the GMAC website.
  • Executive Assessment — minimum 150
    • Share your score via the GMAC website.
    • A standardized test recommended for applicants with 5+ years of professional experience.
  • Scio GAP test — minimum 50th percentile
    • Results no older than 2 years.
    • Register via the the Scio website and grant permission to share your results with us.
    • Scio sends the results directly; you do not submit them yourself.
  • QS Top 500
    • Completion of bachelor’s, master’s, PhD, or a one-year postgraduate degree in a related field at a university ranked in the top 500 of the QS World Rankings (as of the rankings published on November 15 for the relevant admission year, see list here).
Deadline for submitting results

All test results must be shared with us through the provider's platform by the application deadline.
Scio is the only exception —
later delivery is allowed if you take the test on one of the final eligible dates.

For the September 2026 intake, the last SCIO test you can take is:

  • 25 April 2026 (regular application deadline), or
  • 3 June 2026 (extra round for EU applicants or applicants with valid Czech residence).
4. CV

Your CV helps us understand your background and aspirations in the context of our programmes.

Please upload your CV in the e-application.

5. Online Interview (if invited)

Most applicants will not be interviewed. However, if we need additional clarification about your academic background, study competence, or motivation, you may be invited to a short online interview.

What to expect

If invited, you may be asked to:

  • Discuss your motivation for the programme
  • Reflect on your academic and professional experience
  • Explain your study goals and expectations
  • Demonstrate your communication and English-language skills

Important

  • Interviews are by invitation only, based on your application and submitted materials.
  • If you are invited, attendance is mandatory. Not attending may result in your application being rejected.
  • Not being invited to an interview does not mean you were rejected; most applicants receive a decision without an interview.
  • All invitations and updates will be sent by email, so please monitor your inbox regularly (including your spam/junk folder).

We appreciate your interest in our master’s programmes and, if invited, look forward to speaking with you.

Application Process Step by Step

1. Create and Complete the E-application

Create your e-application, provide all required information, and upload the necessary documents. Always use your own personal email address, even if an agent is assisting you.

2. Pay the Application Fee

A non-refundable application fee of 750 CZK must be paid directly through the e-application portal (no other payment methods are available).
The fee must be paid in order for your application to be reviewed; fee waivers are not available.

3. Submit Your Test Scores (if applicable)

If you are required to submit an English test or an academic competence test, your results must be sent to us directly by the test provider (e.g., IELTS, TOEFL, GRE, GMAT, PTE, Duolingo).
We do not accept PDFs or uploaded copies.

4. Take the Scio Test (if applicable)

For the Scio test, register, pay, and complete the exam according to the instructions on the Scio platform. Please check available dates and plan ahead. Your results will be sent to us directly by Scio; you do not need to submit them separately.

How to register for a Scio Test (step-by-step)
  1. Go to the Scio website: https://www.scioexams.com/
  2. Go to Exams registration
  3. Click Register
  4. Login or create a new account
  5. Choose your test date
    - Make sure the date allows your results to reach us on time
    - The English and GAP tests are offered on multiple dates; choose whichever fits your schedule
  6. Select the test(s) you want to take (English, GAP, or both)
    - If you are outside Czechia or Slovakia, select the online version
  7. Choose your service package
    - The “MINI” package (test only) is sufficient
  8. Click Continue
  9. Fill in your personal information
    - Your name, date of birth, and e-mail address must match the ones in your ECON MUNI e-application; otherwise your results can't be matched
  10. Important: Tick the box “Send the best result to the faculties to which I apply.” Without this, Scio cannot share your results with us
  11. Review your order, select your payment method, and complete the payment
  12. You are now registered. Scio will send the exam instructions to your email 

Notes

⚠️ Registration deadlines are earlier than test dates; check carefully
📘 Read and follow all Scio exam rules. If Scio invalidates your result for rule violations, we cannot change or influence their decision
💬 All Scio-related issues must be handled directly with Scio (technical problems, missed exams, payments, identification, invalid results, etc.)
📝 We can advise only on which Scio tests we accept and how we use the results, not on Scio’s test administration or exam process


Additional Resources

📄 For GAP test structure, samples, and preparation materials – see the GAP Test page
📄 For English test structure, samples, and preparation materials – see the English Language Test page
💻 For information on how Scio online exams work – see Scio’s Online Testing page

 Admission Review and Decision

Applications are reviewed periodically throughout the application cycle. To receive your results sooner, we encourage you to apply early. If the number of qualified applicants exceeds the available spots, the Admission Commission selects those who best meet the programme’s requirements. Meeting the entry requirements does not guarantee admission.

An application is considered submitted only when all requirements have been fulfilled, including the e-application, required documents, application fee, and all test results. If you are taking a Scio test, please schedule it so that your results reach us by the relevant deadline.

Admission Criteria Exemption

Applicants may be exempt from demonstrating academic competence and English language proficiency through certificates or tests if they meet all the following criteria:

  1. Their ECON MUNI bachelor graduation must be no more than two academic years old at the time of application.
  2. They apply to a follow-up master’s programme taught in English.
  3. Their weighted GPA does not exceed 2.65 in their bachelor’s programme. The GPA is determined based on the value recorded in the MUNI Information System on the final day of the application period, or based on the GPA for the entire completed bachelor’s degree at ECON MUNI.
  4. They request an exemption from the entrance examination in the e-application.

 Additional Information

Information for Agents

We appreciate the work you do for students all over the world. However, please be aware that applicants are now required to independently take online tests and obtain international certificates instead of writing a statement of purpose. Additionally, they must use their personal email address in the application.

Plagiarism and Fraduluent Documentation

By submitting your application, you affirm your understanding that providing inaccurate information, plagiarized content, or fraudulent documentation for admission to Masaryk University is strictly prohibited. The University retains the right to refuse admission, terminate registration, or reject an application if supplied information is determined to be incorrect, incomplete, fraudulent, or plagiarized.

Applicants are required to independently complete necessary tests, and certificates must not be falsified. Any attempt to submit fraudulent test results or certificates will lead to disqualification from the admission process. Please ensure that all information submitted is accurate, authentic, and representative of your own work. The University reserves the right to take appropriate action in the event of any violations.

Admission Appeals

Applicants to ECON MUNI may appeal admission decisions within 15 days of receiving them. Appeals must be addressed to the Dean of the faculty and must be submitted as an original, duly signed document - simple scans or unsigned emails are not accepted.

You can submit your appeal in one of the following accepted ways:

  • By post: Send it to ECON MUNI, Lipová 41a, 602 00 Brno, Czech Republic.
  • In person: Deliver it to the Records Service (podatelna) at the main entrance of the ECON MUNI building.
  • Data mailbox: Send it from a data mailbox (datová schránka) registered under the applicant’s name.
  • Electronically: Submit it via email with a qualified electronic signature.

All documents delivered to ECON MUNI are assigned a registration number, under which they are kept and handed over to the relevant departments. Further details on the appeal process are available here.

FAQs

Can I submit documents past the application deadline?

No, unfortunately, we do not accept documents submitted after the application deadline.

I studied in English but not in one of the countries listed in exemptions. Do I still need a proof of English language proficiency?

Yes, you will still need to provide proof of English language proficiency if you studied in English but not in one of the countries listed in exemptions.

Are financial aid or scholarships available, and what is the application process for them?

Foreign students at Masaryk University can take advantage of a number of scholarship programmes. While ECON MUNI does not provide scholarships to cover your entire tuition fee, as our tuition fees are already subsidized by the Czech government, there are other scholarship opportunities you might be eligible for:

Masaryk University Scholarships

Other scholarship opportunities are also listed at the Scholarship section of our website.

Is an application fee waiver available?

We currently do not offer application fee waivers.

Can I apply for multiple programmes simultaneously?

You are welcome to apply for multiple programmes simultaneously. However, please note that you can submit only one application per programme during each admission cycle.

Can I apply for a master's degree program with an HND (Higher National Diploma)?

No, an HND alone is not sufficient for admission to our master's degree programs. We require a bachelor's degree or an equivalent qualification from applicants.

Deadline for September intake
December 15 - April 30

Regular Application Period

May 1 - June 15

Extended Application Period (EU Citizens & CZ Residence Only)

Deadline for February intake
June 15 - October 31

Regular Application Period

Scio English and GAP tests* for September 2026 intake:

Test date

Register by

January 31, 2026 January 15, 2026
February 28, 2026 February 12, 2026
March 28, 2026 March 12, 2026
April 25, 2026 April 9, 2026

* Always verify the test dates and registration deadlines directly on the Scio website.

Application Review Process
  • Applications with only international certificates will be reviewed regularly.
  • Applications that include Scio test results will be reviewed immediately upon receipt of the official Scio results.

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