Aspiring economists and data analysts from developing nations, a fully funded opportunity awaits you in the heart of Europe! The Government of the Czech Republic has opened applications for its prestigious Government Scholarships for Master’s Studies for the academic year 2026/2027, specifically targeting talented individuals from select developing countries.
These scholarships offer the chance to study at the renowned Charles University in Prague, one of Central Europe’s most prestigious institutions.
Where Is It Offered?
The scholarships are offered exclusively at Charles University in Prague, the Czech Republic. Known for its historical charm and academic excellence, Prague is ranked as one of the most attractive European cities to study in. Charles University itself holds top rankings nationally, especially in economics and finance.
Funding Package
Successful applicants of the Czech Government Scholarship will receive:
- Full tuition fee waiver for the entire Master’s program
- Monthly living allowance
- Health insurance subsidy
- Support for accommodation and other living costs
This is a fully funded scholarship designed to eliminate financial barriers and support future professionals from developing countries.
Eligible Programs
Applicants can pursue one of the following English-taught Master’s programs at Charles University:
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- Master in Economics and Finance (MEF)
- Master in Finance and Data Analytics (MFDA)
These programs prepare students for careers in:
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- Asset and wealth management
- Investment and commercial banking
- Data analytics
- Strategic consulting
- Global and national financial institutions
- Academia and PhD studies.
Who Can Apply?
The scholarship is open exclusively to citizens of the following countries:
Europe:
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- Bosnia and Herzegovina
- Georgia
- Ukraine
- Belarus (Democratic Forces)
Africa:
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- Ethiopia
- Nigeria
- Rwanda
- Zambia
Asia:
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- Cambodia
- Sri Lanka
Latin America & Middle East:
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- Guatemala
- Jordan
Applicants must be bachelor’s degree holders or final-year undergraduate students planning to enroll in a Master’s program in 2026/27 as per this https://msmt.gov.cz/eu-and-international-affairs/government-scholarships-developing-countries.
Application Timeline
The application window for Czech Government Scholarships for Master’s studies for the academic year 2026/2027 is September 30, 2025.
