International Economy
and Business, MSc

About the programme

The International Economy and Business MSc provides you with comprehensive knowledge of global economic processes and the latest market trends, exploring the business and financial management of international manufacturing and service investments, as well as the international financial environment, financing mechanisms, and trade strategies.

Successful graduates are equipped to pursue high-level roles in multinational corporations, internationally operating small- and medium-sized enterprises, international organisations, and public administration.

If you seek a deeper understanding of global market trends and aspire to work in international corporations or economic organisations, then join our International Economy and Business MSc to learn more about the operations and strategies of multinational corporations, the characteristics of international financial markets, and the structure, transformation, and management of global value chains.

This programme offers double degree opportunities. Students can earn the following master’s degrees at our partner universities:

  • MA in International Business and Finance – Augsburg University of Applied Sciences (Augsburg, Germany)
  • MSc International Business – University of Stirling (Stirling, United Kingdom)
  • The English-language version of the International Economy and Business MSc is our most internationally popular programme, and this is partly because it covers one of the broadest fields in economic master’s education, ranging from business disciplines to global economic studies, and from economic approaches to social sciences. Therefore, it is perhaps of no surprise that this programme continuously attracts one of the most diverse student bodies, drawing participants from a wide range of economic and educational backgrounds, including many who have previously studied international studies, communication, and media studies at undergraduate level.Our master’s programme takes an innovative approach to the thesis and final examination system, moving away from traditional methods. During the final two terms, we prepare students to solve industry-specific tasks through professional project-based teaching, and your thesis and final examination will be structured around these practical assignments. Additionally, you will have the opportunity to participate in research projects related to key topics, whether as part of your Student Research Societies work or as a foundation for PhD studies.

    Upon completing the programme, you will receive a degree certifying your qualification as an Economist in International Economy and Business.

    The International Economy and Business MSc programme is taught at our city centre campus and is also offered full-time in English.

The International Economy and Business MSc provides specialised knowledge in the analysis of global economic processes, as well as insights into regional economic integrations and the operations of major international institutions. You will learn the key elements of international corporate governance and strategy development, as well as market entry, risk management, and investment strategies. In addition, you will acquire the general economic knowledge expected of qualified economists, such as international marketing, logistics, supply chain management, and macro- and microeconomic analysis. A key focus is also competency development and mindset-shaping, particularly in the areas of inter-cultural competencies, analytical skills, and business decision-making.

The table below lists the courses during the four semesters of the MSc in International Economy and Business programme. It also indicates how many ECTS credits you receive upon the completion of that specific course.

Course ECTS credits
Economics and methodology:
Advanced Economics 6
International Financial Markets and Processes 6
World Economic Theories 6
Advanced Economic Policy 6
Economic and Social Statistics 6
Professional Module:
Macroeconomic Analyses 3
Flows of Factors of Production 6
International Organisations and Economic Diplomacy 6
Economics of Multinational Corporations 3
Economics of Regional Integrations 3
Foreign Language for International Business (MSc) A/1 3
Foreign Language for International Business (MSc) A/2 3
Foreign Language for International Business (MSc) B/1 3
Foreign Language for International Business (MSc) B/2 3
Sales and Corporate Operating Practices 6
Economies in Global Value Chains 6
Law of International Investments 6
International Taxation and Accounting 6
International Commercial Law and Practice 6
Investment Management 6
Elective subjects (unlimited choice):
Supply Management 3
European Integration Processes 3
Advanced Innovation Management 3
Advanced negotiation techniques and intercultural communication 3
Global Media Trends 3
Other Requirements:
Research Methods 3
Master Thesis 12
Course ECTS
Economics and methodology:
Advanced Economics 6
International Financial Markets and Processes 6
World Economic Theories 6
Advanced Economic Policy 6
Economic and Social Statistics 6
Professional Module:
Macroeconomic Analyses 3
Flows of Factors of Production 6
International Organisations and Economic Diplomacy 6
Economics of Multinational Corporations 3
Economics of Regional Integrations 3
Foreign Language for International Business (MSc) A/1 3
Foreign Language for International Business (MSc) A/2 3
Foreign Language for International Business (MSc) B/1 3
Foreign Language for International Business (MSc) B/2 3
Sales and Corporate Operating Practices 6
Economies in Global Value Chains 6
Law of International Investments 6
International Taxation and Accounting 6
International Commercial Law and Practice 6
Investment Management 6
Elective subjects (unlimited choice):
Supply Management 3
European Integration Processes 3
Advanced Innovation Management 3
Advanced negotiation techniques and intercultural communication 3
Global Media Trends 3
Other Requirements:
Research Methods 3
Master Thesis 12

For non-EU students: 3,000 EUR per semester

For EU students: 690,000 Hungarian Forint per semester

For non-EU students:
31 May 2025

For EU and visa-free countries:
30 June 2025

Start of study
September 2025

Study location
Budapest, Hungary

Faculty
Faculty of International Management and Business, see on map

Duration
2 years (4 semesters)

Study language
English

Title of the qualification on the diploma
Economist in International Economy and Business

Programme level
Master’s programme (MSc)

Entry qualification
Undergraduate diploma (or higher)