Founded in 1999, Vysoká škola financní a správní (University of Finance and Administration) is a for-profit private higher-education institution located in the rural setting of the metropolis of Prague (population range of 1,000,000-5,000,000 inhabitants). Officially recognized by the Ministerstvo školství, mládeže a telovýchovy Ceské republiky (Ministry of Education, Youth and Sports of the Czech Republic), Vysoká škola financní a správní (VŠFS) is a small coeducational Czech higher education institution. Vysoká škola financní a správní (VŠFS) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. This 22 years old Czech higher-education institution has a selective admission policy based on entrance examinations. The admission rate range is 80-90% making this Czech higher education organization a least selective institution. International students are welcome to apply for enrollment. VŠFS also provides several academic and non-academic facilities and services to students including a library, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.