BSc in International Business Economics
Budapest, Hungary
DURATION
8 Semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
30 Jun 2024
EARLIEST START DATE
Sep 2024
TUITION FEES
EUR 2,750 / per semester *
STUDY FORMAT
On-Campus
* for non-EU students; for EU students: 620,000 HUF per semester
Introduction
This program 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 program enables students to analyze and devise the foreign trade strategy and export-import structure of national economies, design and manage global supply chains, and create trading, logistics, and financing contracts that enable companies to enter international markets. The program prepares students for work in the fields of international business development, international sourcing, and sales and logistics both in domestic and international business environments.
Double Degree Opportunity
This program offers double-degree opportunities with the following partner universities:
- Avans University of Applied Sciences (The Netherlands),
- 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),
- Université de Picardie Jules Verne (France),
- Würzburg-Schweinfurt University of Applied Sciences (Germany)
Specialization
We offer 2 optional specializations:
International Business Development
The International Business Development specialization 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 specialization 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, and with their differences arising from their cultural embeddedness.
Program Outcome
Program Focus
Students graduating from the Bachelor’s program in International Business Economics
- can carry out, manage and organize international entrepreneurial activities, either in self-employment or integrated into a large corporate structure;
- can 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;
- are prepared to determine the complex consequences of forwarding and foreign trade processes, plan and organize an economic activity in business organizations 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.
- are equipped with knowledge related to the functioning of the European Union, as necessary for efficient work.
- have a clear understanding of the specific characteristics of working in an international multicultural environment.
Dual Training
The program can also be completed in the form of dual training. The advantage of dual training is that during internship periods spent at the company students gain a thorough understanding of its functioning, which significantly contributes to the development of not only their professional skills and competencies but also their theoretical knowledge.
Curriculum
Program Content
In the course of the program, students learn the basics of economics, social sciences, methodology, and business (e.g. mathematics, statistics, information technology, economics, international economics, finance, business economics, marketing, accounting, management, business communication, political science, sociology, law).
The program is focused on professional studies in international business (in the field of macroeconomics: international relations and institutions, the world economy and international trade, the EU’s organization and policies, Hungarian foreign economic policy; at the corporate level: international finance, international transactions, international logistics, international marketing, international business communication).
After four completed semesters, students can choose from the recommended specializations, even in a foreign language, depending on their existing knowledge and future goals.
In addition to the foregoing, it is also possible to acquire advanced professional language and IT skills.
Career Opportunities
Graduates from the program can find employment practically in all areas of domestic and international companies and enterprises and fill middle and senior management positions in different technical and functional areas. Their advanced language skills and understanding of economics also make it easy for them to work abroad (or for international companies operating in Hungary).
Admissions
Gallery
Scholarships and Funding
A full scholarship opportunity is available on the university's website, called Stipendium Hungaricum Scholarship Programme.
Visit the university's website to view all scholarship opportunities!