For emerging managerial talent, leaders of SMEs and entrepreneurs – our Executive MBA can help you to discover and realize your best self, elevate your career and grow your business internationally!
The Corvinus-MSM-Maastricht University Executive MBA is an international double diploma program, offered by Corvinus University of Budapest and Maastricht University – Maastricht School of Management (MSM).
The Corvinus-MSM-Maastricht University Executive MBA is a transformational programme that gives you the tools to become an effective and responsible leader thriving in a complex international business environment. You will develop core knowledge of all the functional areas of business (at an executive level), with a strong emphasis on teamwork and complex problem-solving.
This Executive MBA will mould you into a future leader with a strong network and influence in Central Europe!
Graduates will receive an Executive MBA diploma from Corvinus University of Budapest and an MSc degree from Maastricht University.
This programme is the only MBA in Hungary with EFMD accreditation and is the only MBA with triple accreditation.
The Corvinus-MSM-Maastricht University Executive MBA holds the prestigious accreditations of AACSB, AMBA and EFMD.
The programme is ideal for professionals living in Hungary or neighbouring countries as teaching takes place over one intensive weekend typically each month (from Friday to Sunday, and in some exceptional cases on Thursday afternoons) at Corvinus University of Budapest. We welcome students from destinations within easy reach by air. Two international weeks are held at Maastricht University, in Maastricht during the summer (typically in June) after the first year.
ECTS: 120
Duration: 4 semesters
Locations:
• Budapest (semester classes are held here)
• Maastricht (two–week summer school, specializations takes place here)
Study method: 100% in-person
Teaching days: three (Fri-Sat-Sun) or
four (Thu-Fri-Sat-Sun) full days typically once a month
Start date: 26 September 2025
Form of financing: self-funded
Early bird application
Deadline: 2 June 2025
Normal application
Deadline: 2 September 2025
Dates: 26 – 28 Sep 2025, 16 – 19 Oct 2025, 7 – 9 Nov 2025, 21 – 23 Nov 2025, 12 – 14 Dec 2025
Kick-off: Teambuilding and Case solving methodology workshop
Core courses: Offer a general management vision of the entire company
• Economics and Beyond
• Global Corporate Strategy
• Corporate Finance and Finlab
• Managing Cultural Diversity
Integrative courses: Change Management
Case study/simulation based integrative courses at the end of each semester, where cross-disciplinary, cross-departmental collaborations address the complexity of business reality.
Dates: 20 – 22 Feb 2026, 20 – 22 Mar 2026, 10 – 12 Apr 2026, 24 – 26 Apr 2026, 8 – 10 May 2026
Core courses: Offer a general management vision of the entire company
• Corporate responsibility and Ethics
• Marketing
• Digital Transformation and Process management
• Accounting and Law
Integrative courses: M&A
Case study/simulation based integrative courses at the end of each semester, where cross-disciplinary, cross-departmental collaborations address the complexity of business reality.
Dates: 18 – 20 Sep 2026, 16 – 18 Oct 2026, 13 – 15 Nov 2026, 4 – 6 Dec 2026
Kick-off: Leadership Camp and Summer specialization
Core courses: Focus on innovation, transformation and development of critical leadership skills
• Entrepreneurship & innovation
• Management control
• Research methodology
• Thesis Writing 1
Integrative courses: Social Enterprise Challenge (Company Projects)
Field projects during each semester – working together on real-life unstructured problems with innovators, social entrepreneurs and researchers.
Dates: 19 – 21 Feb 2027, 20 – 21 Mar 2027, 10 – 11 Apr 2027, 8 – 9 May 2027
Core courses: Focus on innovation, transformation and development of critical leadership skills
• Global SCM
• Design Sprint
• Thesis Writing 2
Integrative courses: Disruptive Development project
Field projects during each semester – working together on real-life unstructured problems with innovators, social entrepreneurs and researchers.
Executive MBA participant Bálint Varga appreciates the discussions in a diverse group of experienced leaders and the personalized coaching process at Corvinus University of Budapest.
Eszter Czank took over the position of location leader of Infineon Technologies’ Budapest office on May 1, after returning from maternity leave, while writing her thesis for the Executive MBA programme at Corvinus-MSM. Her story shows that a woman leader can do the impossible if she has the confidence and support of her peers. And, not least, she gives it back to her colleagues.
A good HR manager always has plans A, B and C for succession to senior management, but to do this, the talent within the company needs to be developed. We talked to Anna Kaposvári, Head of HR at Claas Hungária, about what an Executive MBA degree is worth from an HR perspective and why she recommends the Corvinus-MSM Executive MBA programme to the selected employees.
The Managing Director of CTP Hungary, after the completion of the Corvinus-MSM Executive MBA programme, replaced his successful career as Legal Director for the position of Managing Director of CTP, one of the largest industrial real estate developers in the Central European region.
Junaid Saiyed commutes thousands of kilometres each month to participate in the weekend sessions of the Corvinus-MSM Executive MBA program. Reflecting on the past academic year, he believes that the substantial investment of time and energy has been paying off. The businessman shared his journey from Saudi Arabia to the Corvinus Executive MBA program and detailed how the program has significantly enhanced his skills.
On 19 April, students from the MBA programme took part in a new Makerspace workshop, where they had to solve complex problems using the Micro:bit program and a chip connected to laptops.
Edit Bartha and Péter Verebélyi were colleagues for many years at a multinational company. Edit applied for admission to the Corvinus Executive Master of Business Administration (MBA) programme on Péter’s advice, and Peter continued to be her mentor throughout her studies. When should you recommend EMBA training to a mentored colleague, what aspects should you consider when choosing from the programmes available on the market, and how can a mentor support the mentee in completing the programme leading to senior management positions? These were some of the questions we discussed with Edit and Péter.
Judit Piukovics graduated in 2021 from the joint Executive MBA programme of the Corvinus University, the Maastricht University and the Executive School.
Budapest provides the international background and studies that would otherwise require hours of flying. We asked Dr. Péter Fehér, Vice President of International Relations of Corvinus, about the content and international recognition of the specialist postgraduate programme.
• BA/BSc diploma and transcript
• Motivation letter (minimum 600 words)
• Certificate(s) proving 5 years of work experience from your employer(s)
• Two signed letters of recommendation from your employer(s) on company headed paper
• CV
• Proficiency in English is tested based on the submitted application and a personal interview.
Study visas cannot be required for courses.
Please note that the committee may decide to ask for taking an additional test.
As part of the admission process, you will need to purchase and complete five preparatory (foundation) courses which consist of four academic levelling courses (Accounting, Finance, Statistics, Economics) and a Write & Cite course. In case you have completed the GMAT Exam with a score of 600+ (or a GRE with an average score of 160), the four academic levelling courses are waived.
The purpose of the academic levelling courses is to help develop your foundational business knowledge in four subjects: Accounting, Business Finance, Microeconomics and Quantitative Research Techniques & Statistics. Each course consists of a pre-test, the course content and a post-test. In the post-test a minimum score of 55% for each subject is required. The Write & Cite course consists of a pre-test, modules covering the foundations of academic writing, literature sources and referencing, and a post-test (minimum score in the post-test of the Write & Cite course is 80%).
You will receive a link to these preparatory courses after a successful interview. The deadline for having completed all preparatory courses with the required minimum scores is the start of the program.
Administrative and admissions contacts
E-mail: emba@uni-corvinus.hu
Phone: +36 30 106 1429
Andrea Toarniczky is associate professor at Corvinus University of Budapest (CUB), where she teaches Organizational Behaviour, Organizational Culture, Diversity Management and gives personal development, management skills and teambuilding training at master, postgraduate and EMBA level. She studied physics and business at “Babes-Bolyai” University (BBU) (Cluj-Napoca, Romania) and international business at ESIAME (ESSCA (Angers, France) and CUB (Budapest, Hungary) joint postgraduate program) and she spent with research scholarship one semester at HEC, Paris (France). Andrea got her Ph.D. in 2012 from CUB (Hungary). Her main fields of interest are socialization in organizational and professional contexts of diverse groups and leadership development. Andrea participated in different national and international research projects and she published several articles in Hungarian and international journals. She is member of the European Group of Organizational Studies and European Association of Transactional analysis.
Andrea Toarniczky, PhD
Programme Director
Associate Professor
Dean of Leadership Academy Amsterdam, Executive MBA mentor at CUB. Lecture(s): Personal Leadership Development Journey
Associate Professor at CUB and Director of Leadership & Flow Global Research Network. Lecture(s): Leading people (FLIGBY)
Master Lecturer II at CUB, formerly held various management positions in Finance and Accounting at ADNOC, Mars and Pharmacia. Lecture(s): Mergers and Acquisitions (M&A project)
Academic Director at SEED, Founder and Lead Methodologist of the CAFE Change Agility Framework. Lecture(s): Leadership Camp
Vice-President for International Relations and Accreditations and Associate Professor at CUB. Lecture(s): Digital Transformation and Process Management
Head of Department of Marketing, Media, and Design Communications and Associate Professor at CUB. Lecture(s): Disruptive development project
Founder and Owner of InQBator, Lecturer at CUB. Lecture(s): Mergers and Acquisitions (M&A project)
Director of International Strategic Partnerships and Associate Professor at CUB, former Central Europe Regional Marketing Director at Indesit Company. Lecture(s): Managing Cultural Diversity, Marketing
Head of Corvinus Science Shop and Associate Professor at CUB. Lecture(s): Social Entreprise Challenge
Associate Professor at CUB, Management Consultant. Lecture(s): Global Supply Chain Management
Our graduates have secured positions including:
• Managing Director
• Global CEO
• Regional Manager
• Finance Director
• Head of Human Resources
Managing Director/Celebi Aviation Holding, Turkey
I always led projects or departments in the early stages of my career. I was the COO for Turkey responsible for 26 airports, then I took the MD role of the Hungarian branch of the group. I wanted to continue developing myself and I started discussing my career with the Head of Group HR and the President to whom I was reporting. I decided to apply for an Executive MBA and chose Corvinus because of its strong reputation in the CEE. During the MBA my MD role was expanded to include Austria. The MBA has elevated my career further. Since graduating, I’ve taken control of the biggest entity in the group – Turkey – overseeing 32 airports and cargo and warehouse operations.
