International Business
Economics, BSc

Programme objective

This programme is designed to explore the connections between world economic processes, trends, and international trade, and to transfer the knowledge of foreign economic policy instruments necessary for setting up and implementing international transactions (transactions in goods and services). The knowledge acquired from the programme enables students to analyse and devise the foreign trade strategy and export-import structure of national economies, to design and manage global supply chains, and to create trading, logistics and financing contracts that enable companies to enter international markets. The programme prepares students for work in the fields of international business development, international sourcing, and sales and logistics both in domestic and international business environments.

This programme offers double-degree opportunities with the following partner universities:

  • Frankfurt University of Applied Sciences (Germany),
  • Karel de Grote University of Applied Sciences and Arts (The Netherlands),
  • Shih Chien University (Taiwan),
  • Thomas More University (Belgium),
  • Würzburg-Schweinfurt University of Applied Sciences (Germany)

We offer 2 optional specialisations:

International Business Development

The International Business Development specialisation is designed to familiarise students with the different forms of international business activities and the possibilities and limitations of their cross-border expansion, and to transfer comprehensive knowledge of the risks and costs of international transactions and the legal and economic conditions required for their implementation.

East Asian Business Studies

The English-Language East Asian Business Studies specialisation aims to ensure students become professionals familiar with East Asia- with the economic history and economic institutional systems of the dominant economies in the region, as well as with the inherent differences arising from their cultural embeddedness.

Throughout the course of the programme, students learn the basics of economics, social sciences, methodology and business.

Key subjects: mathematics, statistics, information technology, economics, international economics, finance, business economics, marketing, accounting, management, business communication, political science, sociology, law

The programme is focussed on professional studies in international business.

Key subjects in the field of macroeconomics: international relations and institutions, world economy and international trade, the EU’s organisation and policies, and Hungarian foreign economic policy. At the corporate level: international finance, international transactions, international logistics, international marketing, and international business communication.

After four completed semesters, students can choose from the recommended specialisations, even in a foreign language, depending on their existing knowledge and future goals.
In addition to the aforementioned skills, it is also possible to acquire advanced professional language and IT skills.

Students graduating from the BSc programme in International Business Economics will be able to:

  • manage and organise international entrepreneurial activities, either in self-employment or integrated into a large corporate structure,
  • monitor and interpret the processes in the world economy and international business, the changes in economic policy and the policies and legislation relevant and related to their special field, as well as the effects of the same, and take these into account when developing analyses, proposals, and decisions,
  • determine the complex consequences of forwarding and foreign trade processes, plan and organise economic activity in business organisations related to forwarding activities and foreign trade processes,
  • know and understand the basic functioning and goals of economic policy, foreign trade processes, foreign economic policy, and their effects,
  • understand all matters related to the functioning of the European Union, as necessary for efficient work,
  • understand the specific characteristics of working in an international multicultural environment.

Double-Degree

Students can also pursue their studies in a double-degree programme, allowing them to earn two degrees in the same educational cycle. See the list of partner universities in the “Double Degree Opportunity” section above.

Graduates from the programme can find employment practically in all types of domestic and international companies and enterprises and will be qualified to fill middle and senior management positions in different technical and functional areas. Their advanced language skills and understanding of economics also makes it easy for them to work abroad (or for international companies operating in Hungary).

The table below lists the courses during the eight semesters of the BSc in International Business Economics programme. It is indicated in which semester you need to take that specific course, and how many ECTS credits you receive upon the completion of that course.

Course Semester ECTS credits
Economics, Methodology and Business Module:
Business Mathematics 2nd 6
Basics of Statistics and Probability Studies 3rd 6
Statistics for Business 4th 6
Economics 1 1st 6
Economics 2 2nd 6
International Economics 3rd 3
Basics of Business Economics 1st 3
Organisational and Human Resource Management 3rd 6
Introduction to Marketing 3rd 3
Introduction to Finance 2nd 6
Information Technology and the World 1st 6
Introduction to Accounting 2nd 6
Elective Remedial Courses:
The Basics of Business Mathematics 1st 0
IT Skills Development 1st 0
Elective subjects (unlimited choice):
Study Techniques 1st 3
Presentation Skills Development 1st 3
International Negotiation Techniques 3rd 3
Intercultural Communication A 3rd 3
Communication Training 3rd 3
Professional Foreign Language Module:
Foreign Language for Business I/1 1st 3
Foreign Language for Business I/2 2nd 3
Foreign Language for Business II/1 3rd 3
Foreign Language for Business II/2 4th 3
Social Sciences Module:
Basics of Business Law 1st 3
Business Communication 1st 3
Limited choice elective subjects in Economic and Social Sciences:
Environmental Economics 2nd 3
Responsible and Sustainable Company 2nd 3
Economic Policy 5th 3
Economic Geography 2nd 3
Elective subjects (unlimited choice):
Economic History 1st 3
Sociology 1st 3
Psychology 1st 3
Political Science A 1st 3
Professional Module:
Quantitative Methods for Decision-Making 5th 3
International Business Management 4th 3
International Trade 3rd 6
International Logistics 5th 3
International Financial Management 5th 3
International Marketing 4th 6
International and EU Law 5th 3
International Economic Policy of Hungary 5th 3
The EU’s Organisation and Policies 4th 6
International Relations and Institutions 1st 3
Negotiation Techniques 4th 3
Limited choice professional elective subjects:
Business Informatics 4th 6
International Communication 4th 6
Start-Up Businesses 4th 6
Intercultural Management in Eastern Asia 4th 6
Business Soft Skills in Foreign Language 4th 6
Elective subjects (unlimited choice):
Digital Commerce 6th 3
Business Case Studies B 6th 3
Strategic Management 6th 3
Controlling and Managerial Accounting 6th 3
Case Studies in Logistics 6th 3
Hungary’s European Union Relations 6th 3
Business Etiquette and Protocol 6th 3
Logistics Management 6th 3
Student Enterprise 6th 3
Intercultural Management in Hungary 6th 3
Understanding Central Europe 6th 3
Artificial Intelligence in Practice 6th 3
Decision Support with BI Tool 6th 3
College for Advanced Studies 1 5th 3
Student Research Project 1 5th 3
College for Advanced Studies 2 6th 3
Student Research Project 2 6th 3
Specialisation: International Business Development:
Payment Risk Management and Financing 6th 6
Business Environment in the EU 5th 3
Foreign Trade Regulations 5th 3
International Contracts and Business Situations 6th 6
Corporate Logistics Processes 6th 6
Introduction to Market Research 5th 3
ERP Systems (SAP) 5th 3
Specialisation: East Asian Business Studies:
The Modern Chinese Economy 5th 6
The Japanese Economy in the 21st Century 5th 3
Advanced Economies of Asia: South-Korea and Taiwan, Singapore 5th 3
The Emerging South-East-Asian Regions 5th 3
Economic integration in Asia 6th 3
Global Value Chains in Asia 6th 6
Innovation and Catch-up: The Various Experiences of Asian Economies 6th 3
Intercultural Training with Special Emphasis on Asia 6th 3
Other Requirements:
Physical Education 1 1st 0
Physical Education 2 2nd 0
Research Methodology 6th 3
Bachelor of Sciences Thesis 8th 7
Compulsory elective module of international studies:
[Subjects completed during study period abroad] 7, 8th 30, 20
Internship A 8th 10
Internship B 8th 10
Internship C 7th 30
Course Semester ECTS
Economics, Methodology and Business Module:
Business Mathematics 2nd 6
Basics of Statistics and Probability Studies 3rd 6
Statistics for Business 4th 6
Economics 1 1st 6
Economics 2 2nd 6
International Economics 3rd 3
Basics of Business Economics 1st 3
Organisational and Human Resource Management 3rd 6
Introduction to Marketing 3rd 3
Introduction to Finance 2nd 6
Information Technology and the World 1st 6
Introduction to Accounting 2nd 6
Elective Remedial Courses:
The Basics of Business Mathematics 1st 0
IT Skills Development 1st 0
Elective subjects (unlimited choice):
Study Techniques 1st 3
Presentation Skills Development 1st 3
International Negotiation Techniques 3rd 3
Intercultural Communication A 3rd 3
Communication Training 3rd 3
Professional Foreign Language Module:
Foreign Language for Business I/1 1st 3
Foreign Language for Business I/2 2nd 3
Foreign Language for Business II/1 3rd 3
Foreign Language for Business II/2 4th 3
Social Sciences Module:
Basics of Business Law 1st 3
Business Communication 1st 3
Limited choice elective subjects in Economic and Social Sciences:
Environmental Economics 2nd 3
Responsible and Sustainable Company 2nd 3
Economic Policy 5th 3
Economic Geography 2nd 3
Elective subjects (unlimited choice):
Economic History 1st 3
Sociology 1st 3
Psychology 1st 3
Political Science A 1st 3
Professional Module:
Quantitative Methods for Decision-Making 5th 3
International Business Management 4th 3
International Trade 3rd 6
International Logistics 5th 3
International Financial Management 5th 3
International Marketing 4th 6
International and EU Law 5th 3
International Economic Policy of Hungary 5th 3
The EU’s Organisation and Policies 4th 6
International Relations and Institutions 1st 3
Negotiation Techniques 4th 3
Limited choice professional elective subjects:
Business Informatics 4th 6
International Communication 4th 6
Start-Up Businesses 4th 6
Intercultural Management in Eastern Asia 4th 6
Business Soft Skills in Foreign Language 4th 6
Elective subjects (unlimited choice):
Digital Commerce 6th 3
Business Case Studies B 6th 3
Strategic Management 6th 3
Controlling and Managerial Accounting 6th 3
Case Studies in Logistics 6th 3
Hungary’s European Union Relations 6th 3
Business Etiquette and Protocol 6th 3
Logistics Management 6th 3
Student Enterprise 6th 3
Intercultural Management in Hungary 6th 3
Understanding Central Europe 6th 3
Artificial Intelligence in Practice 6th 3
Decision Support with BI Tool 6th 3
College for Advanced Studies 1 5th 3
Student Research Project 1 5th 3
College for Advanced Studies 2 6th 3
Student Research Project 2 6th 3
Specialisation: International Business Development:
Payment Risk Management and Financing 6th 6
Business Environment in the EU 5th 3
Foreign Trade Regulations 5th 3
International Contracts and Business Situations 6th 6
Corporate Logistics Processes 6th 6
Introduction to Market Research 5th 3
ERP Systems (SAP) 5th 3
Specialisation: East Asian Business Studies:
The Modern Chinese Economy 5th 6
The Japanese Economy in the 21st Century 5th 3
Advanced Economies of Asia: South-Korea and Taiwan, Singapore 5th 3
The Emerging South-East-Asian Regions 5th 3
Economic integration in Asia 6th 3
Global Value Chains in Asia 6th 6
Innovation and Catch-up: The Various Experiences of Asian Economies 6th 3
Intercultural Training with Special Emphasis on Asia 6th 3
Other Requirements:
Physical Education 1 1st 0
Physical Education 2 2nd 0
Research Methodology 6th 3
Bachelor of Sciences Thesis 8th 7
Compulsory elective module of international studies:
[Subjects completed during study period abroad] 7, 8th 30, 20
Internship A 8th 10
Internship B 8th 10
Internship C 7th 30

For non-EU students: 2,750 EUR per semester

For EU students: 620,000 Hungarian Forint per semester

For non-EU students: 30 June 2024

For EU students: 30 July 2024

Start of study
September 2024

Study location
Budapest, Hungary

Faculty
Faculty of International Management and Business, see on map

Duration
4 years (8 semesters)

Study language
English

Title of the qualification on the diploma
Economist in International Business

Programme level
Bachelor’s programme (BSc)

Entry qualification
High school / secondary education (or higher)