Corvinus University of Budapest

MSc Regional and Environmental Economic Studies

An economics programme fit for global, urban, and rural challenges by applying critical approaches through geography, environment, and climate change. An AESOP partner (Association of European Schools of Planning).

Programme Information

Regional and Environmental Economics is a practice-oriented programme that will mould you into a speciliast with unique skills sought by employers. 

You will study the latest trends in urban, regional and rural development that can shift the environmental issues we are facing today. You will develop a critical approach to the present worldwide challenges, such as decarbonisation and climate neutrality or the impact of depleting non-renewable resources. You’ll gain a deep understanding of the connection between major economic decisions taken and their possible impact on our ecosystem. 

There are unique benefits of studying Regional and Environmental Economics at Corvinus. Our programme is accredited by AESOP (the Association of European Schools of Planning) – no other university in Hungary shares this accolade. The accreditation assures the quality of your learning experience (aligning with internationally recognised best practices and contemporary topics), subsequently boosting your employment prospects!  

Our programme is also ranked 39th in the world by Eduniversal (2021) for a programme related to sustainability and environmental management.  

Our professors are distinguished practitioners and experienced academics. You will also hear from international guest lecturers and business leaders in Hungary about how development policy planning works; how can sustainability be achieved in the corporate world; and how innovative economic decisions can aid society in the fight against climate change. You will have the opportunity to join mentoring programmes with external partners (National Adaptation Centre Department of the Hungarian Mining and Geological Survey; Hungarian Society for Urban Planning), which will widen your perspective on the latest environmental issues and solutions available.

For admission onto the Regional and Environmental Economic Studies programme, you will typically hold an economics, agricultural or business-related degree. We accept applicants from other academic backgrounds who meet the compulsory credit requirements stated below.

Programme name: Regional and Environmental Economic Studies
Programme award: Master, MSc  

ECTS: 120
Duration: 4 semesters (2 years)
Teaching hours: 10-16 hours/week
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

What you will study

Core Modules

Year 1

1. Global and Regional Environmental Challenges

2. Environmental Economics

3. Spatial Planning and Urban Development

4. Urban Economics and Sociology

Year 2

1. Cohesion and Regional Policy

2. Policies of the EU

3. Corporate Environmental Management

4. Geopolitics and Geostrategies

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


There are two remarkable scholarship opportunities available to Non-EU international students:

• Stipendium Hungaricum (for non-EU nationals from >70 countries)

• Diaspora scholarships (for international students with Hungarian ancestry).

Both scholarships entitle you to:

• Free tuition for the duration of your studies

• 43,700 HUF (c. €120) per month for the duration of your studies (for living costs)

• University accommodation or an additional 40,000 HUF (c. €110) per month for the duration of your studies (accommodation allowance)

• Medical insurance.

Eligibility requirements apply, so please click on “Scholarship opportunities” for more information.

Note: there are three ways to apply to Corvinus as an international student:

1. Self-funded route (available for all applicants)

2. Stipendium Hungaricum route – non-EU applicants only, further restrictions apply

3. Diaspora scholarship route – non-EU nationals with Hungarian heritage only, further restrictions apply

Corvinus University of Budapest
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!

For Hungarian citizens

You can apply through

You can ask our student ambassador or Student Services for further information here.

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.

The full number of credits necessary for joining this master’s program is 60, from the following areas:

• at least 20 credits from the fields of economy and business administration (microeconomy, macroeconomy, world and international economy, community economy, management and administration subjects, marketing, business communication);

• at least 20 credits from the fields of methodology (mathematics, statistics, informatics);

• at least 20 credits from ‘horizon broadening’ natural and social science subjects (philosophy, sociology, political science, history, biology, chemistry, physics, geography, earth sciences).

The prerequisite of admittance into the Master’s programme is for the student to have at least 40 credits in the listed area based on his/her previous studies. Missing credits must be attained in the Master’s programme as defined in the higher education institution’s Study and Exam Regulations.

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.

Be our student and a part of our community (Department of Geography, Geoeconomy, and Sustainable Development) where we have a mission towards socially and environmentally responsible businesses, local and global sustainability, liveable cities, and managing climate change challenges. Working as a public development expert, a planner, and an environmental specialist in Hungary and in the European Union for two decades, I have been combining economic, environmental and geographical information, just as our masters. So if you are interested in geography and environment, ready to learn economics, and committed to social and climate issues, do not hesitate to join us.

Corvinus University of Budapest

Péti Márton
Programme Director

Accreditations and Rankings

Corvinus University of Budapest
Corvinus University of Budapest
Corvinus University of Budapest
Corvinus University of Budapest

#350-400 for Economics and Econometrics

What our students think

Madli Rohtla

“The Regional and Environmental Economic Studies programme at Corvinus has helped me pivot from my previous specialisation into a new and exciting field of knowledge. I started my studies at Corvinus during the height of the pandemic in Europe, yet even at this difficult time, the instructors strived to offer a wide variety of courses, and to keep the teaching interactive and student-oriented. Of course, nothing compares to the in-person experience of being guided through the streets of Budapest to learn about its urban development or gathering with current and former classmates to exchange experiences at programme events. I am grateful for these experiences and for the chance to systematically explore topics that are increasingly relevant in today’s world!“

Corvinus University of Budapest

Career opportunities

Our graduates progress to roles including: Climate and Development Policy Consultant, Environmental Auditor, Corporate Social Responsibility Specialist, Resource Manager, Environmental Planner.

Our graduates are working at prestigious organizations like the European Commission, various ministries and public bodies of development, municipalities, offices of local governments and multinational companies.

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GEN.:2024.06.14. - 19:03:21