MSc in
International Economy and Business
All round business, finance and economics - highly international and practical. Uniquely develop problem-solving skills, by applying complex economic theory.
The International Economy and Business MSc 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 econometrics, qualitative methods and usage of analytical software packages. You will strengthen your theoretical and contextual background, which will assist in more prudent and fact-based thinking coupled with soft skill development and building of your emotional intelligence.
Learn how to lead medium and large enterprises or complex organisational units, how to negotiate successfully and how to develop effective business strategies.
International Economy and Business includes educational trips and factory visits at companies, such as Suzuki, Mercedes, Bosch, Richter, and the Budapest Stock Exchange (BSE).
Self-funded students and Corvinus scholarship holder will have the opportunity to enrol in a double degree programme in their second year. You can study at one of our prestigious partners in Belgium at 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, international relations 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 Political Science (provided you meet the compulsory credit requirements stated below). Learn how to lead medium and large enterprises or complex organisational units, how to negotiate successfully and how to develop effective business strategies.
Programme name: International Economy and Business
Programme award: Master, MSc
ECTS: 120
Duration: 4 semesters (2 years)
Teaching hours: 10-16 hours/week
Start date: September 2025
Tuition fees (EEA):
990 000 Ft/semester
cca. 2 500 EUR/semester*
Tuition fees (Non-EEA):
3 300 EUR/semester
What will you study?
1. Core courses – Core courses worth 30 credits
To bridge the knowledge gap between different academic disciplines, these foundational courses offer essential skills and concepts.
2. Methodology – Methods Module, minimum value of 24 credits
It includes the subjects designed to develop students’ analytical capabilities, preparing them for real-world problem-solving..
3. Global Economic Policies Module, minimum 12 credits
It contains the subjects with which a student gets acquainted with the functioning of an economic, political region and its mechanisms. We think that without knowledge of external factors it is impossible to do good analytical work.
4. International Economics and Business Administration module – International and Business Economics module, minimum 30 credits
It contains subjects that are based on the core subjects and deepen the competences acquired there. For example, the “advanced” version of International Business Economics is the Global Value Chains course, etc.
5. In addition, there is also a synthesizing, three-quarter project subject worth 16 credits
The project subject was designed so that students with different backgrounds and interests could work together on a project and then prepare their joint thesis from it.
The project is based on intensive seminar and research work in small groups (3-5 people), during which students apply what they have learned in the methodology module to answer a concrete, real-world problem. The aim is to enable the project to adapt flexibly to the nature of the problem, its thematic dividing and the student’s interest.
Application Requirements
- Completed bachelor/undergraduate degree
- GRE, GMAT, NMAT exams
- Entrance interview
- Meet minimum credit requirement
- For more, please click here!
For Hungarian Citizens
You can apply through felvi.hu, for more details switch to the Hungarian website.
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 10 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 5 credits from the fields of basic business studies (Finance, Corporate Finances, Corporate Economy, Marketing, Accounting, Management and Administration, Human Resources Management);
- at least 5 credits from the fields of professional studies (Political Science, Social Science, internship, project course etc.).
The prerequisite of admittance into the Master’s programme is for the student to have at least 10 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.
There are three ways to apply to Corvinus as an international student
Scholarships
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.
Dr. András Tétényi
Program Director
Associate Professor
From the Programme Director...
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.
Two Degrees or One of the World’s Leading Business Programmes
As part of our double degree programme, you can apply to the University of Liège. This way, alongside your studies at Corvinus, you can also complete a programme at this foreign university. With two degrees, you’ll have a significant advantage in the job market, as the quality of a Corvinus degree is well-known in Hungary, and an international qualification demonstrates your strong language skills and international experience.
Moreover, you can also apply to CEMS, which was ranked in the top 6% of the world’s best business programmes this year in the QS 2024 Masters in Management Rankings (11th out of 199 programmes). By successfully applying, not only will the doors to 33 leading business schools and over 70 corporate partners open for you, but you’ll also become part of a global alumni network of 20,000 members.
Accreditations and Rankings
#350-400 for Economics and Econometrics
What do our students think?
“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. “
Arbesa Mollabeqiroviq
Montenegro
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.