Applied Economics

Eötvös Loránd University
Hungary, 1053 Budapest

Faculty of Social Sciences Hungary, Budapest

Study location	Hungary, Budapest
Type	Bachelor, full-time
Nominal duration	6 semesters (3 years) (180 ECTS)
Study language	English
Awards	BSc (Economist in Applied Economics)
Accreditation	FNYF/142217/17

Tuition fee	€2,700 per semester
Application fee	€50 one-time The application fee is non-refundable The application fee is EUR 50 (non-refundable) between 01/10/2024-15/11/2024; EUR 100 (non-refundable) between 20/11/2024-30/04/2025; EUR 180 (non-refundable) between 05/05/2025-31/05/2025

Tuition fee

€2,700 per semester

Application fee

€50 one-time

The application fee is non-refundable
The application fee is
EUR 50 (non-refundable) between 01/10/2024-15/11/2024;
EUR 100 (non-refundable) between 20/11/2024-30/04/2025;
EUR 180 (non-refundable) between 05/05/2025-31/05/2025

Entry qualification	High school / secondary education (or higher) Applicants need to submit their secondary school certificate and records of final two years in secondary school. Documents to submit with application: Records of final two years in secondary school Secondary school certificate Motivation letter in English Copy of the main pages of the passport (needs to be valid) Proof of application fee transfer Language certificate (if the applicant has one) The entry qualification documents are accepted in English. If this is not the case, you will need official translations along with verified copies of the original. Please upload the original entry qualification documents as well! You must take the original entry qualification documents along with you when you finally go to the university. The entry qualification documents are accepted in the following languages: English. Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original. You must take the original entry qualification documents along with you when you finally go to the university.

Entry qualification

High school / secondary education (or higher)

Applicants need to submit their secondary school certificate and records of final two years in secondary school.

Documents to submit with application:

Records of final two years in secondary school
Secondary school certificate
Motivation letter in English
Copy of the main pages of the passport (needs to be valid)
Proof of application fee transfer
Language certificate (if the applicant has one)

The entry qualification documents are accepted in English. If this is not the case, you will need official translations along with verified copies of the original.
Please upload the original entry qualification documents as well!

You must take the original entry qualification documents along with you when you finally go to the university.

The entry qualification documents are accepted in the following languages: English.

Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.

You must take the original entry qualification documents along with you when you finally go to the university.

Language requirements	English Certification of English knowledge (both written and oral): B2 Types of language exams which are accepted: IELTS Score: 5.5 TOEFL iBT Band: 46-59 Cambridge English Scale Score: 162 If the applicant does not have any of the above certifications, their English proficiency will be assessed during the admission interview. Any letter of acceptance issued by the Faculty of Social Sciences is based on the verified fact that the applicant’s command of English has been assessed; therefore, they are considered eligible to pursue their studies at the institution. If the applicant can prove that they completed their former education entirely in English by submitting a notarized attestation and a detailed academic transcript, no proof of language knowledge will be required throughout the admission process.

Language requirements

English

Certification of English knowledge (both written and oral): B2

Types of language exams which are accepted:

IELTS Score: 5.5
TOEFL iBT Band: 46-59
Cambridge English Scale Score: 162

If the applicant does not have any of the above certifications, their English proficiency will be assessed during the admission interview. Any letter of acceptance issued by the Faculty of Social Sciences is based on the verified fact that the applicant’s command of English has been assessed; therefore, they are considered eligible to pursue their studies at the institution.
If the applicant can prove that they completed their former education entirely in English by submitting a notarized attestation and a detailed academic transcript, no proof of language knowledge will be required throughout the admission process.

Other requirements	A motivation letter must be added to your application. Applicants must upload a motivation letter in English that introduces themselves and outlines their reasons for applying, including their motivations, interests, and goals related to the programme. The letter should be between 1,500 and 4,000 characters. The procedure of the entrance examination Applicants with a complete application package will be notified about the exact time and date of their online interviews after the application period has ended. It is the applicant’s responsibility to have technically suitable conditions for the interview from their side. The institutional admission scores are based on a total evaluation of the academic excellence (based on the submitted documents) and the results of the entrance exam. The entrance exam seeks to assess the general and professional knowledge and interest of the applicant. A successful oral entrance exam is the perquisite of getting admitted. If the applicant fails the oral entrance exam, the application will be rejected.

Other requirements

A motivation letter must be added to your application.

Applicants must upload a motivation letter in English that introduces themselves and outlines their reasons for applying, including their motivations, interests, and goals related to the programme. The letter should be between 1,500 and 4,000 characters.

The procedure of the entrance examination

Applicants with a complete application package will be notified about the exact time and date of their online interviews after the application period has ended. It is the applicant’s responsibility to have technically suitable conditions for the interview from their side.
The institutional admission scores are based on a total evaluation of the academic excellence (based on the submitted documents) and the results of the entrance exam. The entrance exam seeks to assess the general and professional knowledge and interest of the applicant.

A successful oral entrance exam is the perquisite of getting admitted. If the applicant fails the oral entrance exam, the application will be rejected.

More information	elte.hu/en/applied-economics-ba

The goal of this programme is to provide general training in the field of economics at the bachelor level, with special emphasis on social, political, and international applications. Besides rigorous training in methodology, students will acquire a solid knowledge of the concepts, principles and theories of economics, and will be introduced to other social sciences and business studies as well.

The programme is recommended to applicants who are interested in learning how choices and strategic decisions are made at different (individual, firm, and national) levels in the economy, what kind of social and political forces influence decision-making, and are not afraid of using models, and deductive reasoning to solve problems.

This programme enables students to further their studies in several directions at the master’s level, including economics, business, sociology, and international relations, or to apply their broad-based knowledge in areas of government, business, politics, or media. The general character of the programme offers graduates high flexibility in their future career decisions.

Strength of programme

Being part of Hungary’s leading science university, the teaching and research environment of the programme is excellent, and unique in the country. The social, political, and international orientation of the faculty offers the students of applied economics an open-minded and vivid milieu, where multidisciplinary thinking opens additional dimensions to ideas. Another strength of the programme comes from the tradition of integrating social sciences when studying economic, political or social issues, and considering economics as part of a broad family of social sciences. Professors of the programme are leading experts in their fields, and have extensive international network linkages. Our aim is to give our students an up-to-date knowledge of the field of economics as well as a special mindset which may help them succeed later in their career.

Leading professor of the programme:
András SZÉKELY-DOBY, Associate Professor

Entry requirements:
Applicants need to submit their secondary school certificate and record of the final two years in secondary school.

Additional documents to be submitted:

Motivation letter in English
Copy of the main pages of the passport (needs to be valid)
Proof of application fee transfer
Language certificate (If the applicant has one)

The procedure of the entrance examination

A successful oral entrance exam is the perquisite of getting admitted. If the applicant fails the oral entrance exam, the application will be rejected.

Entrance exam:
Yes

Type of entrance exam:
Oral

Entrance exam location:
Online

Preparatory year available:
No

Specialisation year available:
No

Contact person:
International Office, Eszter Borbála Bagi
E-mail: international@tatk.elte.hu

Programme structure

Career opportunities

The general and broad-based character of the programme gives students high flexibility in their decisions what to do after graduation. One option is to continue their studies at master’s level. The Faculty of Social Sciences offers several English language programmes including International Relations, Cultural Anthropology, Health Policy Planning and Financing, Community and Civil Development Studies, and Ethnic and Minority Policy. If someone wants to make a PhD it is also possible in the Faculty’s Doctoral School of Sociology. Another option is to jump right into the middle of hard work after graduation, in which case a BA diploma of Applied Economics provides them with an excellent entry ticket. Applied economists are always welcome in most areas of the government, public institutions, NGOs, business firms, in culture, sports, or the media.

Job examples