Aljawaz Your guide to study abroad As the world today witnesses a growing interest in economic systems and their intricate mechanisms, choosing to study economics in Poland becomes a strategic decision. The country, being one of the fastest growing economies in Europe, provides a great environment for students to witness economic principles in practice. This article provides an in-depth guide to economics and business studies in Poland. Stay tuned as we explore the requirements, costs, and the best universities where you can study economics in the country.
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Is Poland Good for Studying Economics and Business?
Are you considering the idea of pursuing business and economics studies in Poland? Here are several reasons to do so:
Longstanding Academic Tradition
Poland boasts a long history of academic excellence dating back to 1364 with institutions like the Jagiellonian University.
Modern Learning Environment
As a member of the European Union and one of the world’s 25 most developed economies, Poland offers a contemporary setting for education in the field of economics.
International Mobility
Poland applies the European Credit Transfer and Accumulation System (ECTS). This enables students to transfer credits easily and further their education within the EU. You can read about Poland’s higher education system here.
High-Quality Education
Poland’s higher education system is well developed and monitored for quality. In addition, any degree earned in Poland is recognized throughout the EU and the world.
Affordable Living and Studying Costs
Compared to other EU countries, Poland offers competitive tuition fees and lower living expenses. This makes it one of the most cost-effective destinations for studying abroad.
Recognized Business Schools
Institutions such as SGH Warsaw School of Economics and Kozminski University have gained recognition in prestigious rankings such as the Financial Times. This gives them credibility when it comes to educating aspiring economists and business leaders.
A Success Story in Economic Development
Poland’s has a story of remarkable economic growth, transitioning from communism to a high-income status. This showcases its resilience and potential as a hub for economics and business studies.
Requirements to Study Economics and Business in Poland
To study economics and business in Poland, your first move is to contact the Admission Office of your chosen university. They should be able to provide you details related to required documents, deadlines and so on.
To enroll in undergraduate studies, you generally need an application form, a high-school leaving certificate and a proof of language proficiency. Other documents might be requested, depending on the university.
Additionally, you might need to include translations of your documents in Polish or in English. Additional paperwork include a visa, a letter of motivation, references and in some cases an entrance test or interview.
For those applying to a Master’s program, they need to include a bachelor’s degree in economics or any related fields.
The Cost of Studying Economics and Business in Poland
Full-time business and economics studies in Poland are either free or have fees depending on the nationality. Polish citizens and foreigners from the EU/EEA usually study for free.
Others pay fees ranging from EUR 2000 to EUR 6000 per year for bachelor’s and master’s programs. Postgraduate and specialized courses cost EUR 3000 per year. As for MBA programs, they generally cost EUR 8000-12,000 annually.
Since Poland conforms to the guidelines of the Bologna Process in European higher education, bachelor’s programs usually last 3 to 4 years. Master’s degrees on the other hand take 2 years to complete
Best Business and Economics Universities in Poland
Polish universities have attracted a great deal of interest from students from all over the world. In the following list, we’ll explore into the top universities in Poland where you can study economics and business.
University Of Warsaw – Faculty Of Management
Founded in 1972, the Faculty of Management at Warsaw University is the oldest institution of its kind in Poland. It is committed to keeping its students up to date with the latest developments in their field of study and to maintaining strong links with its community.
Every year it invites guest lecturers from both Polish and international universities, including those from Europe and the USA. The Faculty offers a wide range of programs tailored for international students, with over 2000 programs available in English.
These include the two-year International Business Program, which is taught entirely in English. This program offers a specialized curriculum in international management.
It also promotes collaboration with various foreign universities through programs such as Erasmus and exchanges with American institutions. Its goal is to provide students with a solid theoretical understanding of international management issues in Poland and worldwide.
Kozminski University
For those interested in studying business in Poland, Kozminski University is another excellent choice. Located in Warsaw, it offers 16 English-language programs, including undergraduate, graduate, and international MBA options.
The university has a student body of 9,000. Among them are 1,560 international students from countries such as Italy, Portugal, and France.
In addition, Kozminski University has the triple crown accreditation: EQUIS, AMBA and AACSB. This is a testament to the quality of its education, as less than 1% of business schools worldwide hold this threefold accreditation.
SGH Warsaw School Of Economics
Third on our list of top universities in Poland for economics and business studies is SGH Warsaw School of Economics. Recognized as the oldest and most prestigious institution in these fields, SGH offers programs in both Polish and English.
The institution also maintains a high standard of education as it holds accreditations such as ACCA, AMBA, CeQuInt and IQA. It also boasts a 00% employability rate for its graduates within three months of graduation.
Finally, the school’s illustrious history includes notable alumni such as Leszek Balcerowicz, whose “shock therapy” reforms significantly impacted the Polish economy in 1989.
Poznań University Of Economics And Business
The fourth university where you can study economics in Poland is the Poznań University of Economics and Business (PUEB). It’s a leading business school that stands out for its academic offerings and its strong cooperation with industry.
As a result, the institution offers a blend of theoretical knowledge and practical training. The goal is to provide students with an authentic, hands-on experience and skills critical to today’s business landscape.
In terms of industry collaboration, PUEB graduates stand out for their achievements. In fact, the institution has an outstanding 83% satisfaction rate from the companies it has worked with.
Finally, in terms of international presence, PUEB counts 400 foreign students from 35 different nationalities.
Gdansk University of Technology Faculty of Management and Economics
Next on our list is the Faculty of Management and Economics at the Gdansk University of Technology.
It’s an institution that stands out for its academic strategy that addresses regional, national, and global challenges. The goal? To instill in students an entrepreneurial mindset that embraces Poland’s long tradition of engineering.
The Faculty therefore prioritizes innovative research and education in its academic offerings. Its vision is to become a leader in Europe through active involvement in the country’s social and economic progress and solid cooperation with foreign institutions and local companies.
Warsaw University of Technology’s Business School
Next up is the Warsaw University of Technology Business School, which was founded with the cooperation of prestigious Western European business schools.
As a result, it has maintained a truly international character since its inception. Moreover, for more than 30 years, it has continuously improved its international rankings by providing exceptional management education.
Accredited by EPAS, the school focuses on developing leaders capable of strategic planning, effective problem-solving and positive social impact.
The school’s main programs include an International MBA and an Executive MBA.
Nicolaus Copernicus University – Faculty of Economics Sciences and Management
The Faculty of Economics and Management of the Nicolaus Copernicus University occupies the 7th place in our list.
It was founded in 1945 and has since become one of the most prestigious economic universities in Poland. The school’s mission statement revolves around economic studies and research, while promoting socially responsible attitudes among students.
In terms of recognition, the faculty is accredited by prestigious bodies such as AACSB and AMBA. Students can therefore be sure to benefit from a first-class education that prepares them for various roles both locally and globally.
Wroclaw University Of Economics And Business
The next institution in our list was founded in 1937 on the initiative of the Wroclaw Association for the Promotion of Economic and Commercial Sciences. Since then, it has become a premier destination for business studies in Poland.
So why choose the Wroclaw University of Economics and Business (WUEB)? First of all, because of its convenient location near the city center. The university has also won prestigious awards such as the HR Excellence in Research award.
In addition, WUEB has several accreditations from international bodies such as AMBA, IQA CEEMAN International Quality Accreditation or EUA Institutional Evaluation Program (IEP). It also holds EFMD accreditation for its Bachelor’s and Master’s programs in Finance.
Vistula University
Vistula University is ranked ninth among the top business schools in Poland.
Located in Warsaw, the heart of Europe, it stands out as the most internationalized university in Poland. In fact, it hosts students from over 100 countries, educating them in a multicultural environment and preparing them for global career prospects.
In addition, the University distinguishes itself by prioritizing the employability of its graduates. It does this by building cross-sector experience and fostering innovation and inspiration. It also focuses on modernizing studies through technology and adapting programs to the evolving world.
University of Economics in Katowice
Finally, to round out our list, there is the University of Economics in Katowice (UE Katowice).
Founded in 1937, it’s a public university that offers programs in economics, management and finance, computer science and econometrics, and logistics. With over 8,000 Polish and international students, it is one of the top universities in Poland.
UE Katowice also stands out for its academic environment, which emphasizes small class sizes. The aim is to ensure closer teacher-student interaction, which promotes the academic growth and personal development of students.
