Corvinus University of Budapest

MSc International Economy and Business

All round business, finance and economics - highly international and practical. Uniquely develop problem-solving skills, by applying complex economic theory.

Programme Information

​International Economy and Business is a unique business-economics hybrid programme. This programme will mould you into a well-rounded, pragmatic professional – comfortable with complex economic theory, but capable to apply it to solve real-world problems and become a leader.

You will benefit from a sound methodological foundation in multiple disciplines, from statistics to trade and intellectual property. Strengthen your theoretical background and through soft skill development and building your emotional intelligence you will use it to your benefit.

Learn how to lead medium and large enterprises or complex organisational units, how to negotiate successfully and how to develop effective business strategies. Choose from four different specialisations to complete your professional pallet of skills with Central Eastern Europe (CEE) (for Groningen students); European Union (EU); policy analysis; international development or economic focuses.

International Economy and Business includes field research in three different locations, educational trips and factory visits at companies, such as Suzuki, Mercedes, Bosch, Richter, and the Budapest Stock Exchange (BSE).

Self-funded students will have the opportunity to enrol on a double degree programme in their second year. You can study at one of our prestigious partners in the Netherlands or Belgium – the University of Groningen, Tilburg University and the University of Liege. An exclusive opportunity to gain two degrees for the time and price of one and spend one year in another country!

For admission onto the International Economy and Business programme, you will typically hold an economics, business or finance degree.

This programme may also be a good fit for you if you have a similar academic background, such as Human Resources (HR), Management, Commerce, Marketing, Accounting, Tourism or International Relations (provided you meet the compulsory credit requirements stated below). 

ECTS: 120
Duration: 4 semesters (2 years)
Teaching hours: 10-16 hours/week
Start date: September 2023

Tuition fees (EEA): 850 000 HUF per semester
Total tuition fees (EEA): 3 400 000 HUF 
Tuition fees (Non-EEA): € 2 900* per semester
Total tuition fees (Non-EEA): € 11 600

The application period for Stipendium Hungaricum and the Diaspora scholarship programmes is now closed for September 2023. The application period for September 2024 will open in November.

What you will study

Core Modules

Year 1

1. Competitiveness and Capital Flows in the World Economy

2. Regional Economics

3. International Business Economic

4. Research Design and Methods for World Economics

Year 2

Dependant on chosen specialisation.

* 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 (all applicants)

2. Stipendium Hungaricum route – non-EU applicants oavnly, 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

• B2 level of English

• For more, please click here!

• The Corvinus University of Budapest organizes preparatory courses for master programme applicants from the following subjects: Admission Preparatory Course – International Economy and Business. For more information please click here!

For Hungarian citizens

You can apply through can ask our student ambassador or the 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.

For entering a Master’s programme different from the undergraduate studies, a minimum of 45 credits is necessary from the following subject areas:

• at least 18 credits from the fields of economy and methodology studies (Micro and Macro Economy, International Economy, Economy Theory, The History of Economic Thought, Economic Policy, Mathematics, Statistics, Informatics);

• at least 12 credits from the fields of basic business studies (Finance, Corporate Finances, Corporate Economy, Marketing, Accounting, Management and Administration, Human Resources Management);

• at least 15 credits from the fields of professional studies.

The prerequisite of admittance into the Master’s programme is for the student to have at least 15 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.

I have earned my PhD at the Corvinus University Budapest, International Relations Multidisciplinary Doctoral School. I am the program director of the International Economy and Business Master programme since January 2020. I was a visiting professor at the University of Leeds, EM Strasbourg, University College London and Jagiellonian University in recent years. I have been involved in several international double degree programmes such as SCRIBE21, IMESS and two Horizon 2020 research programmes. I am currently working on two themes: one is finding the connection between economic insecurity and how this influences voting behaviour, while the second one is analysing asylum seeker destination choices.

Corvinus University of Budapest

Dr. András Tétényi
Programme Director

Accreditations and Rankings

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

Double Degree / CEMS

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

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.


What our students think

Arbesa Mollabeqiroviq

“After spending just one semester at Corvinus, I can say that enrolling in the International Economy and Business programme was the right choice! The curriculum is well-organized and challenging in the best ways possible, the students are welcoming, professors are always helpful and everyone has a great attitude towards international students. I have had an enjoyable experience so far and have made many memories, as well as lifelong friends. “

Corvinus University of Budapest

Career opportunities

Our graduates progress to roles including: Management Analyst, Human Resources Manager, Financial Analyst, Economist.

Our graduates are working at prestigious companies like KPMG, Vodafone, ExxonMobil, Morgan Stanley and FAO.

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Online open day

On 10th January we will hold an online open day with English presentations!

Corvinus University of Budapest

More about Corvinus

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Corvinus University of Budapest
Hungary 1093 Budapest Fővám tér 8.

GEN.:2023.03.24. - 06:37:31