International Business Economics BA

Open for applications
Tuition €2,700 EU/EEA students 2700 EUR Non-EU/EEA students 3600 EUR
Country Hungary

About this program

What this degree covers and what you can expect from the university.

Short 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 two English degree programmes at bachelor’s level, 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 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.

LEARN MORE ABOUT THE FACULTY OF ECONOMICS

View the video 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 introductory video.

See how we celebrate our international graduates by watching these graduation ceremony reportsJuly 2024February 2025July 2025.

Join our international students on a campus tour of our main buildings: Building Q and Building P. 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 GTK Exam Centre, and the availability of class recordings to prepare for assessments at the Video Library.

Read our Programme and Course Guide 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 News 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 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, 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


 

Program overview

Key facts about what you will study and how the program is delivered.

Program length

8 semesters (4 years)

How long it typically takes to complete this degree from start to finish.

Qualification level

Bachelor

The academic level you will earn, such as Bachelor, Master, or PhD.

Country

Hungary

The country where this university is based.

Language requirement

English

This program is taught in English. You may still need to submit an English proficiency test depending on your nationality and previous education.

Eligibility & requirements

Check whether your academic background matches what the university expects.

Entrance / admission test

Not required

No separate entrance test is listed for this program. The university may still review your academic profile and documents.

Admission intakes & deadlines

Application dates and milestones for each intake period. Deadlines may vary by applicant category.

September 2026 Intake

Classes start September 2026

Open for applications
  1. Stipendium Hungaricum Scholarship Deadline International

    Government scholarship application deadline via the Tempus Public Foundation online portal. Includes full tuition coverage, monthly allowance, housing contribution, and medical insurance.

  2. Hungarian Diaspora Scholarship Deadline International

    Scholarship deadline for international applicants of Hungarian diaspora heritage applying via the online system.

  3. Final Self-Funded Application Deadline International

    Final deadline for self-funded non-EU/EEA and EU applicants submitting complete application packages on apply.elte.hu. Application fee (€155) must be paid prior to submission.

  4. GTK Entrance Examination & Evaluation Window International

    Evaluation of secondary school records and online oral entrance examination conducted by the GTK Admission Committee within 3 weeks of application review.

  5. Final High School Diploma & Language Certificate Deadline International

    Final deadline for candidates holding predicted/provisional grades to upload their final High School Diploma and certified English test scores. No official Letter of Acceptance is issued until final documents are presented.

  6. Letter of Acceptance Issuance International

    Official decision notifications and final Letters of Acceptance dispatched via apply.elte.hu for student visa processing.

  7. Academic Commencement (Autumn Semester) International

    Academic semester and official orientation activities commence at ELTE Faculty of Economics.

8-semester (240 ECTS) Bachelor of Arts program offered by ELTE Faculty of Economics (GTK). Tuition fee: €2,700/semester for EU/EEA students and €3,600/semester for Non-EU/EEA students. Non-refundable application fee: €155. Language requirement: IELTS 6.0 / TOEFL iBT 80 / Duolingo 110 (or equivalent B2 level). O-level/IGCSE alone not accepted; minimum 2 GCE A-Levels required. Applicants under 18 at start date require special guardian documentation.

About the university

Learn more about the institution offering this program.

Leading research university in the heart of Hungary offering a great environment for research and quality education with Hungary’s largest selection of exchange and degree programs to the international community. Diplomas issued at ELTE are acknowledged w