Finance and Accounting BA

Title

Finance and Accounting BA

Degree

Economist in Finance and Accounting BA

Type

Degree program

Level

Bachelor

Accreditation number

FNYF/122-2/2019

Language

English

Duration

7 semesters (3.5 years)

ECTS credits

210

Minimum number of students

10

Maximum number of students

100

Short description

Established in 2017 as an Institute, the Faculty of Economics (GTK) is a recent addition to ELTE, Hungary’s oldest and most distinguished university, but it is already a strong contender for being the No. 1 among Hungarian business and economics programmes. Within three years of becoming a Faculty in 2021, we have become the single most sought-after school for Business Economics Master’s training in Hungary, and for Bachelor’s, a Top3 provider with respect to size, with the highest minimum points for entry. Our MBA programme was the most popular programme in Hungary in 2020, 2021 and 2022, and to finalize our portfolio, we launched the Business Economics PhD programme in the academic year 2021/2022. In total we currently have over 6,000 students.

We take a modern approach to business education, promoting responsible leadership and sustainable business practices in close collaboration between students and teaching staff.

Primarily targeting international business environments, our trainings are attractive to high-ability and diligent students, and we currently offer two English degree programmes at bachelor level, namely International Business Economics (8 semesters) and Finance and Accounting (7 semesters). International students share classes with Hungarian students and also Erasmus+ and guest students from partner Universities. Despite its short existencehistory, GTK is a proud member of the Business Graduates Association (BGA), an international membership and quality assurance body of Business Schools and has already accumulated two recognitions and accreditations. Further international accreditation processes have also been initiated. Two of ELTE GTK’s programmes boast international accreditations by the Association of Chartered Certified Accountants (ACCA), the world’s most prestigious professional body in the field of finance and accounting. In addition to exemptions available to students on the Master’s in Accounting programme, it is ELTE GTK’s Finance and Accounting BA programme which is the only Hungarian bachelor’s programme to have earned five exemptions from ACCA’s examinations.

The primary goals of the Finance and Accounting BA Programme at Eötvös Loránd University are to familiarise students with economic processes both at a macro and a micro level and to acquaint them with the European monetary and business environment with a focus on finance, accounting, and controlling.

This programme is recommended to applicants who are keen to become specialists in finance, accounting, and controlling, coupled with an up-to-date approach to business economics. The programme includes a compulsory internship, in an international work environment which gives students a significant competitive advantage in the job market.

This programme enables students to become experts in economics and financial planning, to manage financial projects and help financial decision-making in companies.

Watch this short video where students tell you why they like studying at ELTE GTK.

Strength of program

The Finance and Accounting BA Programme has a strong international orientation, yet it embraces a general approach to business economics. By studying international market processes and the operation of the EU and its economy, you will learn about the operation of international organisations and the related issues of finance, management and communication. The main strengths of the programme at Eötvös Loránd University, Faculty of Economics are:

  • a strong focus on business law issues in order to avoid legal pitfalls
  • development of business communication, argumentation and negotiation skills
  • increased attention to the social sciences & methodology
  • solving real-life problems in the field of finance and accounting through compulsory project works under the guidance of lecturers to be able to apply theory to practice

For more information about the courses, visit https://gtk.elte.hu/en/erasmus/courses?m=8780

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

Semester 2
Corporate Finance I. (6)
Accounting II. (3)
Fundamentals of Human Resource Management (3)
Mathematics II. (6)
Business Law I. (6)
Economics II. (6)

Semester 3
Basics of Psychology (3)
International Finance and Economics (6)
Analysis and Controlling (6)
Business Law II. (6)
Argumentation (3)
Corporate Finance II. (3)
Free elective course I. (3)

Semester 4
Management Accounting (6)
Economic Policy (3)
Persuasion (3)
Business Statistics (6)
Industrial Organisation (3)
National and International Taxation (3)
Compulsory elective course in Social Sciences I. (3)
Free elective course II. (3)

Semester 5
Econometrics (6)
Investment and Financing (6)
Compulsory elective course in Business Law (3)
Compulsory elective course in Social Sciences II. (3)
Projectwork I. (9)
Free elective course III. (3)

Semester 6
Negotiation (3)
International Financial Management (6)
Finance and Accounting Informatics (3)
Projectwork II. (9)
Compulsory elective course in Business Economics (3)
Free elective course IV. (3)

Semester 7
Thesis (10) 
Internship (20)

Compulsory elective course offer in Business Law

  • Law, State, Democracy
  • International Business Law
  • European Union law (EU law)
  • Fundametals 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
  • Problems in Contemporary Philosophy
  • Economy of the European Union
  • Transdisciplinarity and Expertise

Compulsory elective course offer in Business Economics

  • Leadership and Organizational Studies 
  • International Political Economy
  • Marketing Research
Career opportunities

The general training in business economics and the solid background in Finance and Accounting together offer countless job opportunities, from running your own business to working for prestigious multi-national corporations.

Job examples
  • Chartered accountant
  • Chartered management accountant
  • External auditor
  • Forensic accountant
  • Stockbroker
EU/EEA students
non-EU/EEA students
Tuition fee/semester

2700 EUR

3600 EUR

Application fee

100 EUR

100 EUR

non-EU/EEA students
Tuition fee/semester

3600 EUR

Application fee

100 EUR


Offered for the next academic year
Start program

02, Sep, 2024

Deadline for applications - September intake

05, May, 2024

Is there a February intake

No


Admission requirements

Entry requirements

For the Finance and Accounting BA programme the application of those prospective students is welcomed who have completed their secondary school studies and can prove this with a secondary or high school diploma. Admission decisions are made by the Admission Committee. Students will receive written notification of the Committee's decision within 2-3 weeks following the application deadline. It is only in exceptional cases that we admit students who have not passed their 18th birthday by the start of the program.

Language requirements

Minimum level of language proficiency (oral) (A1-C2): B2
Minimum level of language proficiency (written) (A1-C2):  B2

Further comments:

Applicants who do not speak English as their native language or did not study their high school subjects in English or have not completed at least 60 credits in English at a university level institution (please, submit your Transcript of Records document), must take one of the following language tests with the minimum score shown below:

  • valid TOEFL Score of minimum 61 points (IBT) or TOEFL Score of minimum 500 points (PBT) or TOEFL Score of minimum 173 points (CBT)
  • valid IELTS of a minimum overall band of 6.0
  • Cambridge English: Cambridge First Certificate (FCE)
Documents to submit with application

Document

Comment

Transcript of records of the final two years in secondary school

with an English translation

Secondaryl certificate/diploma OR a document stating the expected date of issue of this document if it is not available at the time of application

with an English translation

OR a document stating the expected date of issue of this document if it is not available at the time of application

CV

 

Motivation letter

obligatory

The length of the motivation letter should be between 500 and 2,000 characters.

Letter of recommendation

2 letters in pdf format, highly recommended

Recommendation letter

2, highly recommended

Copy of the main pages of the passport

passport must be valid

Passport photo

 

Copy of application fee transfer

 

Language certificate

if applicable (Medium of Instruction is acceptable in case the language of tuition was English and the supporting documents are uploaded)

 

Application procedure

Application starts in the online application system. Students must register in the system, fill in the online application form, upload the required documents and follow the instructions during the application process.

Payment is to be made to:

Name: Eötvös Loránd University
Name of the bank: Hungarian State Treasury Ltd.
Postal Address of the bank: Váci str. 71., 1139 Budapest, Hungary
Bank account no: 10032000-01426201-00000000
IBAN no.: HU03 1003 2000 0142 6201 0000 0000
Swift code: HUSTHUHB
VAT-Nr.: HU 1530 8744

TRANSFER INFORMATION:
Please, enter the following details in the payment reference section of the transfer order: I11101/22 GTI-PS-NBEN your full name and the amount.
Note that the code to be written in the comments section begins with a capital “i”

Entrance examination and selection process:
The applications are examined by the Admission Board within three weeks of the application deadline and applicants are notified of the outcome of the selection process in the online application system by the 15th of July. Admission letters are sent out in the online application system until the end of July. There is no February intake.

Type of entrance examination: both oral and written 

Place of entrance examination: online platforms (Canvas, MS Teams)

Further details of the entrance exam:

A two-part entrance examination (written test and oral interview) will take place online via Teams and Canvas. Applications are examined by the Admission Board, and the decision is based on the combined evaluation of the applicant’s academic excellence (based on the submitted documents) and the results of the entrance exam.

The online written exam is designed to test your level of English proficiency and your mathematical / logical skills in the form of tests and essay writing tasks.

The oral exam is in the form of a short (approximately 15-minute-long) interview on an online platform.

Further details of the selection and evaluation method:  
Students are ranked according to their academic excellence (based on the submitted documents) and the results of the entrance exam. The submission of the following documents is not required, but they are taken into consideration in the admission process: Mathematics exams (SAT Mathematics Subject Test Level II.: min. 680 points or ACT Test : min. 22 points in the Mathematics part).

Program leader

Prof. Mihály ORMOS
Head of Department of Finance and Accounting

Program coordinator

László SZOBOSZLAI
Coordinator
E-mail: th@gtk.elte.hu
TEL: +36 302 437 119
Postal address: Rákóczi út 7, 1088, Budapest, Hungary

International Office

E-mail: degreeprogramme@gtk.elte.hu
Postal address: Rákóczi út 7, 1088, Budapest, Hungary