The University of Economics, Prague, (Czech: Vysoká škola ekonomická v Praze, abbreviated VŠE) is a public university located in Prague, Czech Republic. It is the largest university in the field of economics, business and information technologies in the Czech Republic with almost 20,000 students (3,000 students are foreigners mostly from the European Union or post-Soviet states) in its bachelor, masters and doctoral programmes. The university is located at three campuses. Its main campus is in Prague at Žižkov. A secondary campus is found in Jižní město on the outskirts of Prague. The Faculty of Management is located separately from the others at its own campus outside Prague in Jindřichův Hradec. In 1919 Vysoká škola obchodní (the Commercial College) was established as a department of the Czech Technical University in Prague. It specialized in wholesale trade, banking and the organization of industrial companies. In 1949 the Vysoká škola politických a hospodářských věd (University of Political and Economic Sciences) was established, which was finally renamed to the University of Economics in 1953.