This paper describes partial results of surveys realized among Czech universities and business units which aim has been to analyze current situation in demand and supply side of ICT (Information and Communication Technologies) specialists at the labor market in the Czech Republic. The demand and supply side are compared through their requirements on knowledge of ICT specialists. The results present typical “product” of Czech education system in ICT competencies. General conclusions show that majority of undergraduates do not have appropriate knowledge profile to enter ICT corporate business as qualified employees - ICT specialist - without further additional training. The same fact is valid for a little less than a half of graduates at master level. During quantitative analysis, we have identified that at about 60 per cent of ICT specialists did not pass a formal ICT education. These facts show lacks in ICT oriented study programs and provoke requirement on further development of ICT oriented curricula in accordance to business requirements and needs
