Undergraduate academic requirements
- Completed high school in your country (minimum 11 years of schooling). There are no subject, GPA or grade requirements for Corvinus
Program
Bachelor's
Key facts
- Duration3 years
- ProgramOn campus
- PaceFull-time
- Annual tuition fee6,600EUR
- Start dateSep, Oct, Nov
Program overview
What Corvinus University of Budapest says about their program:
The aim of the program is to train professionals who are familiar with fundamental economic concepts and relationships, capable of structured, model-based, critical thinking, and able to use a wide range of data analysis tools, while also possessing basic social science knowledge. This set of knowledge and skills opens the door to a large number of master’s programs for our graduates, allowing them to specialize in the direction that interests them the most. As a result, when entering the workforce, they will not only find a profitable career but also one that suits them best.
Most of our students continue their studies, and since the applied economics bachelor’s program serves as an excellent entry point to many master’s programs, career opportunities are also diverse. Many of our former students have secured positions in various analyst position at large companies, banks, insurance companies, consulting firms, and public policy research institutions, including positions such as macroeconomic analyst, market analyst, actuary, financial analyst, etc. Others hold decision-preparation or decision-making positions in economic policy-making institutions. However, the path may also lead to careers in journalism, real estate market expertise, statistics, or even academia.
Admission requirements
Postgraduate academic requirements
- For MA/MSc/MBA program, you will need to have a full Bachelor’s degree. There are also minimum credit requirements. Typically, you will need to have some previous credits related to your chosen program of study. Check that you are likely to meet the minimum credit requirements before you decide on and apply for a particular program
- For MBA programs, minimum work experience requirements apply. Only work experience after completing a Bachelor’s degree counts, work experience before or during a Bachelor’s degree will not be considered
English proficiency
Undergraduate
- IELTS
6.0
- TOEFL iBT
72
- CAE
B2
- TOEIC
785
- Duolingo
100
Postgraduate
- TOEFL iBT
100
- TOEFL iBT Special Home Edition
100 (min 20 in each component)
- IELTS
7.0
- CPE
C
- CAE
B
English proficiency waivers
Undergraduate
- You are a native English speaker and hold a passport of one of the countries listed by the UK government
- If you have completed high school in one of these countries, you may also be exempt
- If you have an A-level (or international A-level) exam in English language with a minimum grade of B
- If you have an International Baccalaureate in English language, Standard Level 5 or Higher Level 4 or higher
- If you have an advanced level matura exam in English language obtained in Hungary with a minimum grade of 45%
- If you have a GCSE (or IGCSE) exam in English language with a minimum grade of 6 (or B)
- If you completed an internationally recognized international foundation year (e.g. INTO, Study Group, Kaplan, Navitas or Corvinus Preparatory Program)
Postgraduate
- BSc diploma entirely taught in English from an English-speaking country or in a CEMS or EQUIS/AACSB-accredited institution
- English as a mother tongue
- NMAT, GMAT/GMAT FE or GRE General Test score, or a degree from an AACSB, EQUIS- accredited or CEMS-member university with an average grade equivalent to “B” or higher
Documents required
Undergraduate
- Application form
- Application fee
- Academic transcripts
- Diploma of previous studies
- Translations
- Proof of English proficiency
- Copy of passport
- Medical examination template and necessary attachments (for scholarship applicants only)
- Letter of motivation (for scholarship applicants only)
Postgraduate
- Application form
- Application fee
- Academic transcripts
- Diploma of previous studies
- Translations
- Proof of English proficiency
- Copy of passport
- GMAT/GMAT FE, NMAT or GRE General Test certificate (for MA/MSc applicants only)
- Proof of work experience and motivation letter (for MBA applicants only)
- Medical examination template and necessary attachments (for scholarship applicants only)
- Letter of motivation (for scholarship applicants only)
After you have submitted your application with all the necessary documents you will be invited to participate in the entrance exams (if those are required for your chosen program), provided you meet the requirements. During the entrance exam period, you will need to pass a written and/or oral exam (depending on the program you applied to).
Fees and funding
Fee information
- Undergraduate tuition
from €6,000 to €6,600 per year
- Postgraduate tuition
from €6,800 to €10,800 per year
Funding
Stipendium Hungaricum
- Amount
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.
- Requirements
Nationality. Program applied for. Successful nomination
Diaspora
- Amount
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.
- Requirements
Nationality (including proving proof of Hungarian ancestry and living a minimum of 10 years outside of Hungary). Program applied for. Successful selection
What is the cost of living near Corvinus University of Budapest?
| Category | Cost (in Hungarian Forint) |
|---|---|
| Rent, 1-bed apartment in city centre | Ft 220,000 |
| Rent, 1-bed apartment outside centre | Ft 165,000 |
| Utilities (electricity, heating, water, refuse) | Ft 55,000 |
| Internet (60 Mbps unlimited) | Ft 6,000 |
| Mobile phone plan (data + calls) | Ft 5,500 |
| Monthly public transport pass | Ft 9,500 |
| Monthly grocery basket | Ft 90,000 |
| Coffee shop drink | Ft 1,300 |
| Cinema or cultural event ticket | Ft 2,800 |
| Gym membership | Ft 13,000 |
Indicative monthly costs per person.
Data sourced from numbeo.com (Crowdsourced).
Visa requirements for Corvinus University of Budapest
Many international students will require a visa to study in Hungary, and this is a vital step of your study abroad journey. Make sure you understand the requirements you may need to meet before applying.