BSc in International Business

• Department responsible for the program: Institute for the Development of Enterprises
• Program instructor: Dr. Kacsirek László
• Bachelor's degree program: International Business Economics
• Specialization: Economic Science
• Program time in semesters: 7 semesters
• Program language: English
• Site/Location: Budapest
• Division: Full time
• Program Type: Normal

In this course, your main focus will be globally relevant to business practices and theories. Raise your awareness of international business and multicultural challenges! Classes give a great learning experience with case studies, problem-solving projects, teamwork, flipped classrooms, blended learning, and other exciting methods to deliver the most relevant knowledge and experience for your future career. The program is offering you the opportunity to spend an international semester at any partner institution all around the world or to work at a multicultural company in Hungary or another country. Global companies are awaiting you after graduating. Are you ready to join? Apply now!

Tuition fee: 760 000 HUF (≈2300 EUR) per semester for EEA applicants, 3000 EUR per semester for non-EEA applicants.

The level of qualification attainable in the Bachelor's program, and the title of the certification

• Qualification level: bachelor (baccalaureus, abbreviation: BSc).
• Qualification in Hungarian: közgazdász nemzetközi gazdálkodás alapképzési szakon.
• Qualification in English: Economist in International Business.

The number of credits to be completed for the Bachelor's degree: 180+30 credits

• Degree orientation: practice-oriented (60-70 percent).
• The minimum credit value of the comprehensive extra-institution practical training: 30 credits, credit value of the thesis: 10 credits.
• The minimum credit value of optional courses: 10 credits.

International Standard Classification of Education field of education code: 313

Bachelor's degree training objectives

The objective of the program is the training of economic experts who are capable of handling negotiations at a high level, in Hungarian and in foreign languages, who are capable of performing and managing international business activities in possession of their economic, applied economics studies and knowledge attained in specializations. They are prepared to continue their training at the Master’s level.

Attained professional competences

The economist with an international business economics undergraduate degree has knowledge

• Knows the basic, comprehensive concepts, theories, facts, national and international economy interrelationships regarding relevant economic actors, functions, and processes.
• Has studied the basic theories and characteristics of the micro and macro levels of economy, possesses the basic information-gathering, mathematical, and statistical analytic methods.
• Knows the rules and ethical norms of cooperation in a project, team, work organization, and managing projects.
• Knows and understands the bases of the expert knowledge that helps identify international freight and international financial processes, the specialization-relevant information gathering, analysis, and problem-solving methods, and their applications and limits.
• Knows the basis of other fields related to international business (legal, land development, education).
• Knows and understands the basic functions, determinations, and goals of economic policy, foreign trade processes, and foreign economic policy). Has the knowledge regarding the operation of the European Union required for effective work.
• Is knowledgeable about IT and office automation tools that support the operation of organizations and economic processes.
• Has learned the written and oral forms of professional and efficient communication, and the spreadsheet and graphic methods of presenting data.
• Possesses the basic technical terminology of economics in the mother tongue and in at least two foreign languages.

The economist with an international business economics undergraduate degree has skills

• Plans and organizes business activities and projects manage and controls small enterprises and businesses.
• Can uncover, systemize, and analyze facts and basic interrelationships by utilizing the studied theories and methods, can formulate independent deductions and critiques, makes decision-preparation suggestions, and makes decisions in routine and partially unknown – Hungarian or international – environments.
• Follows and interprets international and world economy business processes, changes in economic policy and in policies and laws relevant to his/her professional specialization, their effects, and considers these in analyses, suggestions, and decisions.
• Is capable of determining the complex consequences of transport and foreign trade processes.
• Plans and organizes business activities related to transport and foreign trade processes in business organizations and business jobs.
• Presents professional suggestions, formulated in a conceptually and theoretically correct way in an oral or written form, in Hungarian or in foreign languages, according to the rules of professional communication. Understands and uses the typical on-line and printed literature of the field in Hungarian and foreign languages.
• Participates in projects, group work, and after attaining practical knowledge and experience, manages, organizes, evaluates, and controls activity in them as a leader. Is capable of cooperating with the representatives of other fields (engineers, foreign traders).
• Is aware of the characteristics of work in an international, multicultural environment.
• After attaining practical knowledge and experience, is capable of leading small and medium enterprises or organizational units of business organizations.
• Is capable of using his/her intermediate level professional foreign language skills.

The economist with an international business economics undergraduate degree has attitudes

• Demonstrates a problem-sensitive, proactive behavior for quality work; is constructive, cooperative, and takes initiative in project and group work.
• Is open to new information, new professional knowledge and methodologies, and to perform new tasks and tasks that require cooperation.
• Strives to improve knowledge and work relationships and to cooperate with colleagues in this.
• Has a critical attitude towards the knowledge, work, and behavior of him/herself and any subordinates. Is prepared to make mistakes right, and helps colleagues to do the same.
• Is open to changes in the economic and social environment of the job, work organization, or enterprise; strives to follow and understand changes.
• Strives to consider the opinions of others, to sectoral, regional, national, and European values (including social, ecological, and sustainability considerations) in decisions.
• Strives for lifelong learning in the working life and outside of it.

The economist with an international business economics undergraduate degree has autonomy and responsibilities

• Performs and organizes the tasks defined in his/her job description independently, with general professional oversight.
• Organizes the analysis of economic processes and data collection, systemization, and evaluation independently.
• Takes responsibility for analyses, conclusions, and decisions made.
• Takes responsibility for observing professional, legal, and ethical norms and rules regarding work and behavior.
• Independently monitors changes in the social-economic-legal environment that have an effect on his/her specialist field.
• Follows and applies relevant policies partially independently.
• Does presentations and moderates debates independently.
• Participates in the work of professional forums inside and outside the business organization independently and responsibly.

Professional properties

The scientific fields and areas that the training is based on are:

• Economy, methodology, and business skills [Mathematics, Statistics, Informatics, Micro and Macro Economics, International Economics, Finance, Corporate Economics, Economic Law, Marketing, Accounting Management, Business Communication, Terminology, Environmental Economics, other basic business studies] 80-90 credits;
• Social science studies (European Union Studies, General and Financial Law Studies, Economic History, Sociology, Psychology, Philosophy, Organisational, and Management Theory) 10-20 credits;
• International business professional studies (International Economy and Trade Institutions, World Trade Processes and Regions, Foreign Economy Policy, Analysis, and Market Development, International Finance, International Transactions, International Marketing, Intercultural Management, European Union Community Policies, International Negotiation Techniques, International Etiquette, Protocol, and optional specializations) 70-90 credits.

The credit value of special studies in fields of international business studies in the entirety of the program is a maximum of 30 credits.

Foreign language requirements

For obtaining the bachelor’s degree, state-recognized intermediate (B2) specialized (according to the field of training) complex language examination from at least two foreign languages, or the equivalent high school graduation certificate or diploma is required, one of which may be substituted with a state-recognized advanced level (C1) complex language examination.

Internship requirements

The duration of the internship is 12 weeks (400 hours for full-time courses, 200 hours for part-time courses) of contiguous training.