Established in 1953, Vysoká kola ekonomická v Praze (University of Economics, Prague) is a non-profit public higher-education institution located in the urban setting of the metropolis of Prague (population range of 1,000,000-5,000,000 inhabitants). This institution also has a branch campus in Jindrichuv Hradec. Officially recognized by the Ministerstvo kolství, mládee a telovýchovy Ceské republiky (Ministry of Education, Youth and Sports of the Czech Republic), Vysoká kola ekonomická v Praze (VE) is a large coeducational Czech higher education institution. Vysoká kola ekonomická v Praze (VE) offers courses and programs leading to officially recognized higher education degrees in several areas of study. This 69 years old Czech higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. International applicants are eligible to apply for enrollment. VE also provides several academic and non-academic facilities and services to students including a library, housing, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, as well as administrative services.