Study location	Hungary, Budapest
Academic field	Economics 14.3 (ISCED 314)
Type	Master, full degree studies
Nominal duration	4 semesters
Study language	English
Awards	MSc (Economist in Business Development)
Course code	Economic Science

Entry qualification

Bachelor diploma (or higher) All required bachelor diploma documents uploaded (with verified English translations), Required min. level of language exam completed, Skype/Teams interview. The entry qualification documents are accepted in the following languages: English / Hungarian. In most cases you can request a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original. You must take the original entry qualification documents along with you when you finally go to the university. PDF files are preferred, however, images are accepted as well.

Territory requirements

Applications are accepted from the following territories (based on citizenship): Albania, Algeria, Angola, Argentina, Armenia, Azerbaijan, Bahrain, Bangladesh, Belize, Bolivia, Bosnia & Herzegovina, Brazil, Burundi, Cambodia, Cape Verde, Chad, Chile, China, Colombia, Congo - Kinshasa, Costa Rica, Cuba, Dominican Republic, Ecuador, Egypt, El Salvador, Eritrea, Ethiopia, Gambia, Georgia, Ghana, Honduras, India, Indonesia, Iran, Iraq, Israel, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Laos, Lebanon, Liberia, Libya, Madagascar, Malaysia, Maldives, Mali, Marshall Islands, Mexico, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Namibia, Nigeria, North Macedonia, Oman, Pakistan, Palestine, Panama, Peru, Philippines, Russia, Rwanda, Serbia, Seychelles, Sierra Leone, Singapore, South Africa, South Korea, Sri Lanka, St Lucia, Sudan, Syria, São Tomé & Príncipe, Taiwan, Tajikistan, Thailand, Tunisia, Turkmenistan, Türkiye, Ukraine, United Arab Emirates, Uruguay, Uzbekistan, Venezuela, Vietnam, Yemen.

Language requirements	English TOEFL IBT, TOEFL CBT, TOEFL PBT, IELTS, Cambridge, ECL, Euroexam, Oxford, PTE General, TELC

Other requirements	A motivation letter must be added to your application.

More information	kgk.uni-obuda.hu/en/bd-2

Overview

Program description:
The business development master course is designed to provide the students with an up-to-date, competitive and high-quality degree, which is competitive on the national as well as the international labour market. Holders of such a degree are able to analyse the activities of an economic organization and can tackle complex development programs. Because of their mastery of innovation and economics, theoretical and methodical knowledge, consciously developed leadership skills and abilities they are capable of performing middle- and top-level managerial tasks. After graduating from the Master’s, students can opt to continue with their studies by applying to enter a Ph.D. program.

Entry requirements:
English TOEFL IBT: 70 TOEFL CBT: 200 TOEFL PBT
:520 IELTS: 5.5 Cambridge Exam: FCE

Entrance exam:
Yes

Type of entrance exam:
Oral

Entrance exam location:
Language

Entrance exam description:
After applying online and submitting the required documents the decision is made by the Faculty. Both English language skills and personal motivation will be examined by Skype interview.

Contact:
Mrs. Andrea Kozma-Loraszkó
International coordinator
international@kgk.uni-obuda.hu

Preparatory year available:
No

Specialisation year available:
No

Minimum number of scholarship holders:
1

Maximum number of scholarship holders:
70

Link:
kgk.uni-obuda.hu/en/bd-2/

Programme structure

Students will obtain 120 credits. For graduation in addition to succesfully finishing all compulsory and elective courses, and PE (2 semesters), they need to write and defend a thesis and succesfully pass the final exam.

Economic and Social Sciences 29 credit points
Business Development 42 credit points
Relevant special skills/knowledge 34 credit points
Final thesis 15 credit points
Total: 120 credit points

Teaching at the university is conducted in three different forms: lectures, seminars, and laboratory practice. Attendance at seminars and labs is strictly regulated by university rules; absence over 30% of classes entail a ban from examinations. There are two ways of assessment. A practical mark is awarded at the end of predominantly practical courses, and are solely based on a student’s term-time progress. An examination is required at theoretical courses, which can be taken in the exam period.

In Hungary, a 5-point grading system is used. 1 is the only failing grade. There are only whole numbers in grading.
5 (excellent) – the student possesses all relevant knowledge and is able to utilise itt o solve problems realted tot he topics of the course
4 (good) – the student has a good understanding about the topics of the course and is able to identify problems related tot he field
3 (satisfactory) – the student has a basic understanding of the topics of the course and is able to assist specialists working in the field
2 (sufficient) – the student is aware of the topics of the course and has a basic understanding of them
1 (insufficient) – the student has to retake the course, since his/her knoledge is insufficient

Evaluation methods beyond the scope of the university regulations described above are at the lecturer’s discretion. The list is long, but the most common ones are
● mid-term and end-of-term written tests,
● project works,
● reports,
● mini-lectures,
● homeworks,
● oral presentations, etc.,
or any combination of them. There are no fixed percentage categories for different grades, but most commonly 50% is required for a pass. Normally, one retake is offered for a missed assignment. Term-time requirements with course syllabi, as well as dates and deadlines are listed in a document by the lecturer, and made public on the faculty website before the start of the semester.

The evaluation of progress is checked in the following ways:
a) during the semester with written or oral presentation, written test, or assessing home assignment
(plan, measurement minutes etc.), with practical mark or signature,
b) passing a pre-examination during the semester,
c) passing an exam or a comprehensive exam in the exam period and
d) with final examination.

Career opportunities

Carrier: middle and top management positions, leadership positions in multinational and business development companies, consultant in small and medium-sized enterprises.