International Business Economics BA


International Business Economics BA


Economist in International Business BA


Degree program






8 semesters (4 years)

ECTS credits


Minimum number of students


Maximum number of students


Short description

The primary goals of the International Business Economics Programme at Eötvös Loránd University are to familiarise students with the challenging issues of international economic processes both at a macro and a micro level and to acquaint them with the European business environment.  This will enable future economists to perform successfully in a multinational business environment.

This program is recommended to applicants who are keen to become specialists in economics and are open to a multi-cultural business environment. The program includes a semester of internship in an international work environment.

This program enables students to become experts in international market processes, the operation of the EU and in the economic, political, and cultural impacts of globalisation.

Strength of program

The International Business Economics BA Programme has a strong international orientation, yet incorporates a general approach in business economics. Students will get acquainted with the operation of international organizations and the related issues of finance, management, business law and communication.

The main strengths of the program at Eötvös Loránd University, Faculty of Economics are:

  • fostering an acute awareness of multicultural challenges with an emphasis on understanding and problem solving
  • developing business communication skills at all levels
  • directing attention to the social sciences to influence/shape the world as an intellectual
  • providing a strong focus on business law issues to avoid legal pitfalls
  • solving real-life problems in the field of international business economics through compulsory project work with the assistance/under the guidance of experienced lecturers to be able to apply theory to practice

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)
Foreign Economic Policy (6)
Argumentation (3)
Business Law II. (6)
Corporate Finance II. (3)
Optional course I. (3)

Semester 4
Economic Policy (3)
Business Statistics (6)
National and International Taxation (3)
Marketing Research (6)
Industrial Organisation (3)
Persuasion (3)
Elective course in Social Sciences I. (3)
Optional course II. (3)

Semester 5
Leadership and Organizational Studies (6)
Econometrics (6)
Projectwork I. (9)
Elective course in Business Law (3)
Elective course in Social Sciences II. (3)
Optional course III. (3)

Semester 6
Negotiation (3)
International Financial Management (6)
International Political Economy (6)
Projectwork II. (9)
Elective course in Informatics (3)
Optional course IV. (3)

Semester 7
Professional Practice I. (30)

Semester 8
Professional Practice II. (20)
Thesis (10)

Career opportunities

The general training in business economics and the international orientation of the programme allow you to achieve success in competitive multi-national jobs fast-tracking your career as a practicing economist.

Job examples
  • Business development manager
  • Data analyst
  • Economist
  • External auditor
  • Financial risk analyst
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

04, Sep, 2023

Deadline for applications - September intake

07, May, 2023

Is there a February intake


Admission requirements

Entry requirements

For the International Business Economics BA programme, the application of those students is welcome who have completed their secondary school studies and can provide proof of this by presenting a Secondary or high school diploma. Admission decisions are made by the Admission Board/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

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: First (FCE)
Documents to submit with application



Transcript of secondary/high school records of the final two years

with an English translation

Secondary/high school 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



Motivation letter

obligatory; between 500 and 2,000 characters

Recommendation letter

2, highly recommended

Copy of the main pages of the passport

passport must be valid

Passport photo


Copy of application fee transfer slip/payment order


Language certificate

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

Application procedure

Application starts in the online application system. Students need to 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


Please, enter the following details in the payment reference section of the transfer order:
I11101/22 GTI-NG8-NBEN your full name and the amount.
Note that the code to be written in the comment field begins with a capital “i”.

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 letters are sent out in the online application system before the end of July. There is no February intake.

Type of entrance examination: both oral and written 

Mode of entrance examination: online: applicant questionnaire in Canvas, MS Teams interview

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 a total evaluation of the 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 called MS Teams.

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/certificates 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. György ANDOR
Dean of ELTE Faculty of Economics

Program coordinator

Director of Studies
TEL: +36 302 437 119
Postal address: Rákóczi út 7, 1088, Budapest, Hungary

International Student and Academic Services

Professor, Vice-Dean for International Affairs

Assistant Professor, Director of Foreign Affairs

Enikő Siklósi
International Student Coordinator

Dr Nóra Kelecsényi
International Academic Adviser

Éva Nagy
International Student Coordinator

International Student and Academic Services e-mail: