Corvinus University of Budapest

MA Economic Behavior Analysis

If you wish to understand what complex economic, psychological and sociological impacts are behind behaviour and decisions, your place is here!

Programme Information

In this programme — which fills a gap in the whole Eastern European region — we focus on consumer and organisational behaviour and decisions, as well as on social and economic changes.  In the course of this programme, our students will become professionals with high-level interdisciplinary skills, who possess economic, psychological and research methodology skills and are able to interpret and – by metering – forecast human economic and organisational behaviour, thinking and decision-making processes.

Programme name: Economic Behavior Analysis
Programme award: Master, MA

ECTS: 120
Duration: 4 semesters (2 years)
Start date: September 2024

Tuition fees (EEA): 990 000 HUF per semester
Total tuition fees (EEA): 3 960 000 HUF
Tuition fees (Non-EEA): € 3 300 per semester
Total tuition fees (Non-EEA): € 13 200

Advantages of our new programmes

•  Our new programmes are delivered in a quarter system. Its advantage is that you study less subjects at a time, so you can get more absorbed in particular topics.

•  In Hungary, our new master programmes are available at the Corvinus only.

•  Being a Corvinus student is an advantage, as with a bachelor degree obtained here with an average grade of 5 your admission to a place financed by a Corvinus Scholarship is guaranteed in our new master programmes, too.*

*You have to go through the admission procedure in the same way, but your free-of-charge place is guaranteed with a Corvinus bachelor degree.

Corvinus Épület

What you will study

Core Modules

Semester 1

1. Behavioural decision sciences 

2. Introduction to psychological behaviour

3. Quantitative research method

Semester 2

1. Decision making in practice

2. Research in behavioural economics

3. Statistics

* The above is not an exhaustive list. Corvinus University of Budapest reserves the right to change modules.

Scholarships

Self-funded students meeting eligibility criteria may apply for Visegrad scholarships.

Corvinus University of Budapest endorses the Visegrad Scholarship programme for MA, MSc and MBA applicants from Central Eastern Europe.

The scholarship makes the outstanding possibility of international higher education at Corvinus accessible and financially viable for more students in this region and beyond!

Application route

The only way to apply for this programme is as self-funded applicant. 

Corvinus University of Budapest

Application Requirements

• Completed bachelor/undergraduate degree

• GRE, GMAT, NMAT exams

• Circumstantial entrance interview

• Meet minimum credit requirement

• For more, please click here!

We expect students primarily from the following study programme Applied Economics, Bachelor of Business and Management and Bachelor of Social Sciences. 

• Full credit may be awarded for: bachelor’s degree courses in economics.

• For additional bachelor’s and master’s degrees, a minimum of 60 credits is required as follows:

• Economics and Business Studies: 30 credits

• Basic knowledge of social sciences and research methods: 15 credits

• Basic methodological skills: 15 credits

(required for a minimum of 48 credits in these fields, 12 credits)

 

– The oral exam can be obtained with a maximum of 70. During the oral exam, the applicant’s professional knowledge (28 points), the applicant’s skills (21 points) and professional motivation (21 points) are scored.

– The required reading for the online exam in English is Kahneman, D. (2011). Thinking fast and slow.

– Recommended literature is as follows:

  • Robbins, S. P., & Judge, T. (2009). Organizational operation. Pearson South Africa. /Bakacsi, G. (2010). The foundations of organizational behavior. Aula for rent./
  • Ariely, D., & Jones, S. (2008). Predictably irrational (pp. 278-9). New York: HarperCollins/Ariely, D. (2014). Brilliantly Irrational: The Unexpected Benefits of Irrationality. HVG Kv../
  • North, D.C. (1990). Institutions, institutional change and economic performance. Cambridge University Press. )
  • Simon and Schuster //Berger, J. (2020). Invisible influence What forces shape our behavior? HVG books, Budapest,
  • Hilgard, E.R., & Atkinson, R.L. (2009). Atkinson and Hilgard Introduction to Psychology. Harcourt Brace College Publ.

For Hungarian citizens

You can apply through felvi.hu.

Find the application requirements here:

Credit requirements

In Hungary, there are legal pre-requisite credit requirements to study graduate programmes.

Please make sure you meet the minimum requirements for this programme before applying.

Tip: to quickly calculate your credits in ECTS, divide learning hours by 30!

Learning hours should be formally described, but can be constituted of classroom hours, private study and assessment.

In this programme we train professionals who are able are successful problem solvers and are able to provide answers to social, economic and ecological challenges of our complex world.. All that is carried out with interdisciplinary approach, as the programme combines the theoretical and practical knowledge of economic sciences, psychology, sociology and methodological skills. In the practice-oriented programme, we put great emphasis on competence development and community building, and prepare our students for science-based problem management, cooperation, flexible adaptation to change and critical thinking. Our main objective is to train experts who are able to reflect on not only the social, ecological and individual impacts of science and technology, but are suitable for sustainable and ethic leading positions, too. 

Corvinus University of Budapest

Gabriella Kiss 

Programme director

Associate Professor 

Accreditations and Rankings

Corvinus University of Budapest

#350-400 for Economics and Econometrics

Double Degree / CEMS

Double Degree programmes are a unique opportunity, allowing you to obtain two higher education degrees in the time frame of one from two different institutions.

Corvinus University of Budapest

Specialisations

Consumer and economic decision specialisation

The objective is to analyse and evaluate contextual and individual factors influencing decisions, and to support the planning and the introduction of decision-making processes.

Subjects:

  • Decision Support Methods
  • Theory of consumption and consumer behavior
  • Participatory decision-making in practice            
  • Decision support – modeling and analysis
  • Complex decision making in business
  • Problem-Solvingin Practice

Work and well-being specialisation

We train professionals who support the preservation of workforce and the improvement of its efficiency, who are able to support the planning of interventions and the examination of their efficiency in various areas (human capital development: competence and well-being, managing the relation between the organisation and the individual).

Subjects:

  • Well-being and its measurement
  • Skills and well-being at work
  • Motivation in the workplace      
  • Practice of Well-being in Groups and Organizations
  • Organizational Social Network Analysis 
  • Business and research project on management and group dynamic

Career opportunities

This programme has not been available in Hungary so far, but based on international experiences and the plan of the programme, jobs can be found in the following areas:

• decision analysis and consultancy at the companies and institutions of the competitive, non-profit and public sectors  

• HR/personnel
• marketing, advertising, media, PR
• financial services, manufacturing and commerce
• education, research

We prepare our students for six types of roles:

1. Technical problem-solver — supports practical decision-making.
2. Leader — focuses on resources and output, and manages the researches and the planning of projects.
3. Collaborator — cooperates with the players affected by the decisions, respecting the boundaries or competencies.
4. Scientist — observing the standards of disciplines and integrating the approaches, examines the problems, and prepares for resource criticism and continuous self-development.
5. Gatekeeper — focuses on the harmony of ethic, conscious, social, corporate and individual interests, as well as well-being. 
6. Communicator — able to present the results of his/her work to various target groups and to represent the results with responsibility.

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Online open day

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Hungary 1093 Budapest Fővám tér 8.

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