Study location	Hungary, Budapest
Type	Bachelor, full-time
Nominal duration	8 semesters (4 years) (240 ECTS)
Study language	English
Awards	BA (Economist in International Business)
Accreditation	FNYF/121-3/2019

Tuition fee	€3,600 per semester
Application fee	€100 one-time

Entry qualification

High school / secondary education (or higher) Applicants who are over the age of 18, have completed their secondary school studies, and have a high school diploma (or equivalent) allowing direct access to tertiary/higher education are welcome to apply. It is only in exceptional cases (e.g. if both the prospective student and a close relative/legal guardian already reside in Hungary and have a Hungarian residence permit) that we admit students who have not passed their 18th birthday by the start of the programme. 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. In most cases, you can get a suitable transcript from your school. If this is not the case, you will need official translations with verified copies of the original. You must take the original entry qualification documents along with you when you finally go to the university. Bring both the original entry qualification documents and their official translations along with you when you come to enrol at the university.

Language requirements

English Minimum level of language proficiency (oral) (A1-C2): B2 Minimum level of language proficiency (written) (A1-C2): B2 Applicants who do not speak English as their native language or did not study their high school subjects in English (for minimum 2 years) must take one of the following standardised language tests and have a valid certificate with the minimum score shown below: • TOEFL (iBT) Score: minimum 80 points • TOEFL (PBT) Score: minimum 500 points • TOEFL (CBT) Score: minimum 173 points • IELTS minimum overall band: 6.0 • Cambridge English: Cambridge First Certificate (FCE): 170 The following tests and certificates are not encouraged but are accepted (with the minimum score shown below): • Duolingo: 110 • TOEIC Listening and Reading: 785 • TOEIC Speaking and Listening: 310, and • Euroexam Online: overall 75% Applicants whose native language is English and/or have studied at an English-medium secondary/high school are required to upload a certificate issued by their school stating that their secondary/high school education was in English.

Other requirements

At least 2 reference(s) should be provided. Please submit the references in pdf format. A motivation letter must be added to your application. Documents to submit with application: - Transcript of secondary/high school records (with grades) of the last two years of school 1. last year of school (usually Year 12) in original language 2. last year of school (usually Year 12) – official English translation 3. last but one year of school (usually Year 11) in original language 4. last but one year of school (usually Year 11) – official English translation - Secondary/high school certificate/diploma (also known as ”graduation certificate”) with grades 1. in the original language 2. its official English translation We accept documents that authorise the applicant to pursue higher education studies, i.e., with this document the applicant should be eligible to study at university level. In case of studies currently in progress, a declaration stating the expected issue date of this document is required. The final document must be uploaded by the deadline. - CV (pdf format) - Motivation letter (under relevant task) - Recommendation letter/Reference (min. 2 in pdf format; not under the relevant task) - Copy of the main pages of your valid passport. If a passport is not available, a declaration together with a personal photo ID issued by applicant’s home country is required. - English language certificate (see language requirements) - Emergency contact: name, phone number, and email address. - Documents not required, but encouraged: Mathematics exams (SAT Mathematics Subject Test Level II: min. 680 points or ACT Test: min. 22 points in the Mathematics part). Entrance examination and selection process: The applications are examined by the Admission Committee [within three weeks of the application deadline] and applicants are notified of the outcome of the selection process via the online application system by 15th of July. Admission certificates are sent through the online application system by the end of July. Entrance examination and selection process – details: Following the submission and initial examination of the required documents, a two-part entrance examination will take place online. The examination may consist of a combination of different tasks, e.g. an online written task, a video submission, an individual or group oral interview / discussions. • The online written task is designed to test your level of English proficiency and your mathematical / logical skills in the form of tests and essay writing tasks. • The video task is an ‘application pitch’ providing some insight into the applicant’s life, allowing the faculty to assess the candidate’s academic potential and suitability for the programme. • The oral part takes the form of a short (approximately 15-minute-long) interview / discussion on an online platform. The applications are examined by the Admission Committee and the decision is based on the overall evaluation of the applicant’s academic excellence (based on the submitted documents) and the results of the combined entrance exam.

More information	elte.hu/..international-business-economics

Overview

The Faculty of Economics (ELTE GTK) is the youngest and most dynamic faculty of ELTE, Hungary’s oldest, most prestigious, and internationally highest-ranking research university. We are proud that GTK is a defining centre of economics trainings in Hungary with popular programmes offered on all study levels. Our faculty is currently the largest institution for Master’s and MBA studies in the country and is one of the top two centres for academic excellence in the Bachelor’s trainings with quickly increasing international visibility thanks to its two English-language bachelor’s programmes.

We take a modern approach to business education, promoting responsible leadership and sustainable business practices in close collaboration between students and teaching and research staff. Throughout their studies, students are taught by our accomplished Faculty consisting mostly of associate and full professors with decades of teaching experience and close collaborations with international partners and organisations. The support of our dedicated staff and of the various student organisations contributes to the integration and success of our international students.

The faculty’s picturesque, state-of-the art, air-conditioned buildings are located on and near ELTE’s Astoria Campus in the city centre of Budapest. In total, we currently have over 7,000 students.
Full-degree and exchange international students are a significant part of our student community making the learning experience particularly inspirational and effective. International degree students share classes with Hungarian students as well as Erasmus+ and guest students from partner universities, and are offered various onsite, and international, and extracurricular opportunities to broaden their horizon.

Primarily targeting international business environments, our trainings are attractive to high-ability and diligent students. We currently offer two English degree programmes at bachelor level, namely International Business Economics (8 semesters, 240 credits) and Finance and Accounting (7 semesters, 210 credits). Both programmes include one or two semesters of compulsory internship, which gives students a significant competitive advantage in the job market.

GTK is a proud member of the Business Graduates Association (BGA) and has already earned significant institutional recognitions and accreditations, with further international accreditation processes currently underway. Two of ELTE GTK’s programmes also boast international accreditations by the Association of Chartered Certified Accountants (ACCA).

The primary goals of the International Business Economics BA programme at Eötvös Loránd University are to give students a general training in business economics with a special international orientation. Students learn to analyse and address the financial and operational challenges of enterprises. Thanks to the practical nature of the programme extending traditional economic theory and concepts to real-world business situations, students are equipped with both relevant knowledge and valuable skills to deal with issues like business organisation, management, growth, and strategic planning. This programme is recommended to applicants who wish to fast-track their career in various positions in the business world by becoming experts in international market processes, the operation of the EU, and the economic, political, and cultural impacts of globalisation.

Successful graduates of the programme will be qualified to work in multinational and competitive jobs, for instance,
• as a business manager solving business problems, conducting successful negotiations in international work environments, or
• as an economic analyst analysing business processes.

The ideal applicant is open-minded, possesses strong communication and teamwork skills, and is a systems thinker.

Watch this short video to learn why our students like studying at ELTE GTK.
Our recent international graduates shared their experience of studying at ELTE GTK at their graduation ceremony (video).

Join our international students on a campus tour of our main buildings: Building Q and Building P (2 videos). These historic buildings, located in the city centre, offer an exclusive air-conditioned environment that is ideal for studying.

If you have any questions as a prospective international student, contact the International Office: degreeprogramme@gtk.elte.hu.

Programme structure

Semester 1
Management I (6)
Marketing (6)
Accounting I (6)
Mathematics I (6)
Community and Individual (3)
Economics I (3)

Semester 2
Corporate Finance I (6)
Accounting II (3)
Management II (3)
Mathematics II (6)
Business Law I (6)
Economics II (6)

Semester 3
Business problem solving with Excel (3)
International Finance and Economics (6)
International Political Economy (6)
Argumentation (3)
Business Law II (6)
Corporate Finance II (3)
Business Statistics I (3)

Semester 4
Economic Policy (3)
Business Statistics II (6)
National and International Taxation (3)
Marketing Research (6)
Industrial Organisation (3)
Persuasion (3)
Preparatory Course for Project Work (3)
Compulsory elective course unit in Informatics (3)

Semester 5
Leadership and Organisational Studies (6)
Project Work I (9)
Compulsory elective course unit in Law (3)
Compulsory elective course unit in the Social Sciences (3)
Free elective course I (3)
Free elective course II (3)
Free elective course III (3)
Comprehensive exam A (0)
Comprehensive exam B (0)

Semester 6
Negotiation (3)
International Financial Management (6)
Social responsibility, sustainability (3)
Law and economics of the European Union (3)
Project Work II (9)
Compulsory Elective Course Unit in Economy and Society (3)
Free elective course IV (3)

Semester 7
Internship I (30)

Semester 8
Internship II (20)
Thesis writing (10)

Compulsory elective course offer in Business Law
• Law, State, Democracy
• International Business Law
• European Union Law (EU law)
• Fundamentals of Labour Law
• Information Society Law
• Business and Human Rights
• Press Knowledge and Press Law

Compulsory elective course offer in the Social Sciences
• Conceptual Tools of Sociology
• Introduction to Cultural Anthropology
• Sociology and the Study of Modern Societies
• Schools and Methods in Cultural Anthropology
• Fundamentals of Political Science

Compulsory elective course offer in Informatics
• Data Analysis in the Social Sciences
• Finance and Accounting Informatics
• Business Analysis
• Advanced Excel
• The art of data analysis with Python

Compulsory elective course offer in Economy and Society
• Problems in Contemporary Philosophy
• Transdisciplinarity and Expertise
• Business Ethics

For more information about the courses, visit our website

Career opportunities

Job examples
• Business development manager
• Economic analyst
• Economist
• Management consultant
• International trade specialist