The Silesian University is one of the youngest universities in the Czech Republic, founded in 1991. Currently, the Silesian University in Opava has three faculties, the Faculty of Philosophy and Science in Opava, the School of Business Administration in Karviná, the Faculty of Public Policies in Opava and the Institute of Mathematics in Opava. At the Silesian University Campus, future academic specialists are preparing for the professional or scientific life in the fields of economy, finance, marketing, history, physics, mathematics, literature, language, gastronomy, health care, multimedia and art. The faculties offer several dozen bachelor´s, master´s and doctoral degree programs, which all meet the standards of the European Credit Transfer and Accumulation System (ECTS). Teaching is supported by a network of professional experts and visiting professors.