MSc in International Economy and Business

• Department responsible for the program: Department of World Economy
• Program instructor: Tétényi András
• Bachelor's degree program: International Economy and Business
• Specialization: Economic Science
• Program time in semesters: 4 semesters
• Program language: English
• Site/Location: Budapest
• Division: Full time
• Program Type: Normal

The aim of this two-year master’s program is to provide you with the skills needed to become a valued part of or eventually lead a team in economic analysis or business economics. The course gives you skills such as analytical and critical thinking, teamwork dynamics, and the ability to create economic and business models. You will also be able to take part in a double degree program with the University of Groningen, Netherlands. As our graduate afterward you will have the knowledge needed to work in the business sector or in an international organization. Join and conquer! Apply now!

610 000 HUF (≈1800 EUR) per semester for EEA applicants, 2600 EUR per semester for non-EEA applicants.

The level of qualification attainable in the Master's program, and the title of the certification

• Qualification level: master- (magister, abbreviation: MSc).
• Qualification in Hungarian: okleveles közgazdász nemzetközi gazdaság és gazdálkodás szakon.
• Qualification in English: Economist in International Economy and Business.

Degrees accepted for admittance into the Master's program

Accepted with the complete credit value: international business economics undergraduate program.

May be primarily considered with the completion of the credits defined: from the economic sciences field, the Human Resources, Economics and Management, Commerce and Marketing, Finance and Accounting, Tourism and Catering, Vocational Instruction in Business, Applied Economics, Economic Analyst, Public service, and from the social sciences field, the International Relations undergraduate degrees.

May also be considered with the completion of the credits defined: undergraduate and Master’s courses and college courses as defined as per Act LXXX of 1993 on higher education that is accepted by the higher education institution’s credit transfer committee based on a comparison of the studies that serve as the basis of the credits.

For persons with degrees defined the minimal requirements of admittance to the Master's program training cycle

For entering a Master’s program different from the undergraduate studies, a minimum of 45 credits is necessary from the following subject areas:

• At least 18 credits from the fields of economy and methodology studies (Micro and Macro Economy, International-Economy, Economy Theory, The History of Economic Thought, Economic Policy, Mathematics, Statistics, Informatics);
• At least 12 credits from the fields of basic business studies (Finance, Corporate Finances, Corporate Economy, Marketing, Accounting, Management and Administration, Human Resources Management);
• At least 15 credits from the fields of professional studies.

The prerequisite of admittance into the Master’s program is for the student to have at least 15 credits in the listed area based on his/her previous studies. Missing credits must be attained in the Master’s program as defined in the higher education institution’s Study and Exam Regulations.

The number of credits to be completed for the Master's degree: 120 credits

• Degree orientation: balanced (40-60 percent).
• Thesis credit value: 15 credits.
• The minimum credit value of optional courses: 6 credits.

International Standard Classification of Education field of education code: 314

Master's degree training objectives

The objective of the program is the training of economist experts who, with their basic international, micro, and macroeconomy, international economic polity, European integration, international law, and international business skills are capable of working in international economic analysis. With their attained competences, they are capable of working independently in various fields and levels of economic institutions and performing decision-preparing and analytic work, or managing and controlling transportation tasks. They are prepared to continue their training at the Ph.D. level.

Professional properties

The scientific fields and areas that the training is based on are:

• Economic and methodology studies (quantitative methods, econometry, economic policy, political economics, economic theories, international economy, international finance, decision theory, research methodology) 25-40 credits;
• Professional studies in international economics and business (the theory of international corporate environments and markets, regional integration analysis planning and execution, studies in major worked trade development theories and comparative methods, the forms of the international economic and business information system, the core, forms, effects of international financial processes, managing and influencing international organizations, analyzing their mechanisms, social science methodologies, the newest results of the professional field and their application, the corporate, regional, and world economy respects of developmental economics) 30-45 credits.

The ratio of credits of optional specializations and professional modules in the program: 30-45 credits.

Foreign language requirements

To obtain a master's degree, the student must have at least one intermediate "B2” complex type state-recognized English language examination, or an intermediate "B2” complex type language examination in another living foreign language accepted by the relevant field of study, or a state-recognized upper level (C1) complex type general foreign language examination or an equivalent high school graduation certificate or diploma is required).

Internship requirements

The program may be accompanied by an internship. The internship requirements are defined by the program’s curriculum.