International Business Economics BA
Viet Nam
Viet Nam
Viet Nam
Russian Federation
Nigeria
Libyan Arab Jamahiriya
International Business Economics BA
Economist in International Business BA
Degree program
Bachelor
FNYF/121-3/2019
English
8 semesters (4 years)
240
10
100
The Faculty of Economics (ELTE GTK) is the youngest and most dynamic faculty of 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 through 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 continuous support of our dedicated staff and 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 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 students share classes with Hungarian students and also Erasmus+ and guest students from partner universities, and are offered various onsite and international, as well as extracurricular opportunities to broaden their horizon. Our programmes include one or two semesters of compulsory internship, which gives students a significant competitive advantage in the job market.
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) and Finance and Accounting (7 semesters).
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 boast accreditations by the Association of Chartered Certified Accountants (ACCA).
The main goals of the International Business Economics BA programme (IBE) 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 enables students to become experts in international market processes, the operation of the EU, and the economic, political, and cultural impacts of globalisation. The IBE programme is recommended to applicants who wish to fast-track their career in various positions in the business world.
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 where students tell you why they like studying at ELTE GTK.
The International Business Economics BA programme has a strong international orientation yet incorporates a general approach to business economics. Students will be acquainted with the operation of international enterprises and gain a thorough understanding of associated issues like finance, management, business law, and communication, all of which are essential to those seeking employment in the 21st century business world. This ensures that GTK’s students stand out from the crowd and find exclusive jobs upon graduation.
The main strengths of the International Business Economics programme 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 expert in business, a creative thinker, and a learned person
- providing a strong focus on business law issues to avoid legal pitfalls
- applying theory to practice: two semesters of compulsory internship and a prolonged project work process with an emphasis on solving real-life problems in the field of international business economics under the guidance of experienced supervisors
For more information about the courses, visit https://gtk.elte.hu/en/erasmus/courses?m=8780
Semester 1
Management I.(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)
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 offers in Business Law
- Law, State, Democracy
- International Business Law
- Regulations of Financial MarketsEuropean Union Law (EU law)
- Fundametals of Labour Law
- E-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 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
The general training in business economics and the international orientation of the programme allow students to achieve success in competitive multi-national jobs fast-tracking their career as a practicing economist.
- Business development manager
- Data analyst
- Management consultant
- International trade specialist
2700 EUR
3600 EUR
100 EUR
100 EUR
3600 EUR
100 EUR
YES
01, Sep, 2025
04, May, 2025
No
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 (or equivalent), which allows direct access to tertiary/higher education.
The applications are examined by the Admission Committee within three weeks of the application deadline. Suitable applicants are invited to the entrance exams, after which applicants are notified of the outcome of the selection process via the online application system. Admission certificates are issued by 15th of July.
Underage applicants: 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.
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 (for minimum 2 years), 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 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.
|
Document |
Comment |
|
Transcript of record of the final two years in secondary school |
original and English translation |
|
Secondary school certificate/diploma (or equivalent) |
original and English translation If the diploma is not available at the time of the application, an official document stating the expected date of issue. is to be uploaded |
|
CV |
pdf format, under relevant task |
|
Motivation letter |
type text (between 500 and 2,000 characters) |
|
Recommendation letter |
2 letters in pdf format |
|
Copy of the main pages of the passport |
passport must be valid If a passport is not available, a declaration together with a personal photo ID issued by applicant’s home country is required. |
|
Passport photo |
name, phone number, and email address |
|
Emergency contact |
|
|
Copy of application fee transfer slip/payment order |
|
|
Language certificate |
if applicable, see above |
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 faculty’s 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-NG8-NBEN your full name and the amount.
Note that the code to be entered 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. Next, suitable applicants are informed on the exact details of the entrance examination. Following the admissions exams, applicants are notified of the outcome of the selection process via the online application system. Admission certificates are issued via the same platform by 15 July.
There is no February intake.
Type of entrance examination: a combination of oral, written, and video tasks
Place of entrance examination: various online platforms (e.g. Canvas, MS Teams)
Further details of the entrance exam:
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 the applicant’s level of English proficiency and his/her 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.
Further details of the selection and evaluation method:
The ranking of the applicants is based on the overall evaluation of their previous academic excellence (as shown in the submitted documents) and the results of the combined entrance exam.
The submission of the following documents is not required but encouraged, and 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).
Prof. György ANDOR
professor
Mr 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