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International Business Economics BA

Title

International Business Economics BA

Degree

Economist in International Business BA

Type

Degree program

Level

Bachelor

Accreditation number

FNYF/121-3/2019

Faculty

Language

English

Duration

8 semesters (4 years)

ECTS credits

240

Minimum number of students

10

Maximum number of students

100

Description

Description

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 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 several years 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 close to 8,000 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 with 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 employment edge after graduation.

Primarily targeting international business environments, our trainings are attractive to high-ability and diligent students. We currently offer , namely International Business Economics (8 semesters, 240 credits) and Finance and Accounting (7 semesters, 210 credits).

GTK is a proud member of the Business Graduates Association (BGA) and has already earned , 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 Âé¶¹´«Ã½ 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.

LEARN MORE ABOUT THE FACULTY OF ECONOMICS

View the  in which our international graduates introduce the two programmes offered by the Faculty and share their experience of studying at ELTE GTK.

Find out why our students like studying at ELTE GTK by watching this short .

See how we celebrate our international graduates by watching these graduation ceremony reports: , , .

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

Equal opportunities and fair assessment are ensured by using 21st-century technology: computer-based assessments at the , and the availability of class recordings to prepare for assessments at the Video Library.

Read our  to discover the most attractive attributes of our programmes and to see the details of the individual courses. Learn more about the various international and local opportunities open to our students and the support they receive at ELTE GTK. 

Finally, you will find more interesting stories in the  section of our website.

Strength of program

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 Âé¶¹´«Ã½, 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, a list of business simulations and case studies offered by leading multinational corporations, 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

See the semester-based list below. For more information on the individual courses, visit our and browse our .

For more information about the courses, visit

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 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 Offers 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 Offers 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 Offers in Economy and Society

  • Problems in Contemporary Philosophy
  • Transdisciplinarity and Expertise
  • Business Ethics
Career opportunities

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.

Job examples
  • Business development manager
  • Data analyst
  • Economist
  • Management consultant
  • International trade specialist
EU/EEA students
non-EU/EEA students
Tuition fee/semester

2700 EUR

3600 EUR

Application fee

155 EUR Those applying for both programmes only need to pay one application fee per person.

155 EUR Those applying for both programmes only need to pay one application fee per person.

non-EU/EEA students
Tuition fee/semester

3600 EUR

Application fee

155 EUR Those applying for both programmes only need to pay one application fee per person.


Offered for the next academic year

YES

Start program

01, Sep, 2026

Deadline for applications - September intake

03, May, 2026

Is there a February intake

No


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 (or equivalent), which allows direct access to tertiary/higher education, i.e., with this document the applicant should be eligible to study at university level. Please note that O-level, GCSE, IGCSE, GCE AS, or BTEC exams alone do not qualify prospective students to study at the Faculty of Economics. They must successfully pass minimum two GCE A-level exams or equivalent (in case of, for example, GED: scores 175+) to be considered for university-level studies at ELTE GTK.

Provisional/predicted results are accepted temporarily, but final results must be submitted by 1 August the latest and presented during enrolment. No â€Letter of Acceptance†is issued without the final high school diploma results.

The submitted applications (including the application documents) are examined by the Admission Committee, be default, within three weeks of the application deadline. Suitable applicants are invited to the entrance exams and informed about the procedure in writing. Following the exams. Following the exams, applicants are notified of the outcome of the selection process via the online application system. Admission certificates (Letters of Acceptance) are issued and sent to those applicants, who have submitted all their documents, through the online application system by the end of July the latest. Those who have submitted all the required documents can expect to hear from ELTE GTK earlier. Please do not send enquiries before hearing from us.  

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 (1 September). A copy of both sides of the residence permit(s) together with a declaration and an authorisation document signed by the applicant’s parents and the authorised person (download template from the faculty website) must be submitted together with the application package. No underage applicants will be considered in the absence of the above documents.

Applicants applying through an agency: Submit not only the agency’s but also your own email address to allow smooth and timely communication during the admissions process.

Language requirements

Applicants must take one of the following standardised language tests and have a valid certificate with the minimum score shown below. (Please scroll down for exceptions.)

• IELTS minimum overall band: 6.0
• TOEFL (iBT) Score: minimum 80 points
• TOEFL (PBT) Score: minimum 500 points
• TOEFL (CBT) Score: minimum 173 points
• 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%

If an applicant has a language certificate with a result lower than specified above (e.g. IELTS 5 or 5.5), do not upload the certificate. Instead, submit a signed declaration that you do not have the expected level of English proficiency yet but undertake to pass the required test and upload the certificate by 1 August the latest.

The following applicants are exempted from taking one of the above standardised English tests:

  • those whose native language (mother tongue) is English
  • those who have studied at an English-medium secondary/high school for a minimum of two years – Applicants must upload an official (stamped and signed) certificate issued by their school stating that their secondary/high school education was in English (Medium of Instruction Certificate)
  • those who have completed courses worth minimum 60 credits in English at university level – Applicants must upload their certified Transcript of Records showing that courses were taught in English and successfully fulfilled by the applicant.
Documents to submit with application

Document

Comment

Transcript of record of the final two years in secondary school

original and certified English translation

Secondary school certificate/diploma (or equivalent)

original and certified 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 1,000 and 1,500 characters) under relevant task

Recommendation letter

2 letters in pdf format, signed and stamped, preferably on institutional letterhead paper 

highly recommended

Copy of the main pages of the passport

passport must be valid, preferably until after enrolment (early September).

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 (or declaration)

Medium of Instruction Certificate issued by the high school is acceptable in case the language of tuition was English (min. 2 years at secondary school level).

In case of English-medium education at university leve, a certified Transcript of Records showing English-language courses worth minimum 60 credits

Application procedure

Application starts . 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 of the application fee (in EUR) is per applicant (i.e. if you apply for both programmes, you only need to pay one application fee) and is to be made via EPAY by the application deadline. Detailed instructions are provided on the . The fee covers the costs related to the administration of applications and does not guarantee the invitation of the applicant to the admissions exams or his/her admission to the programme. Bank charges must be covered by the applicant.

For further information and detailed instructions on how to pay the application fee via EPAY, visit the  document.

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).

Program leader

Prof. György ANDOR
professor

Program coordinator

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

Faculty of Economics

Faculty of Economics

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