MBA

International Business Administration

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Key facts

  • Program
    Master's
  • Duration
    1 year
  • Program
    On campus
  • Pace
    Full-time
  • Annual tuition fee
    9,000EUR
  • Start date
    Sep

Program overview

What Corvinus University of Budapest says about their program:

The International MBA is the one-year alternative to our two-year Full time MBA. This intensive programme is designed for those who want to gain a comprehensive knowledge of management on a fast track, so that they can take a career break for one year rather than two. The main target group for this programme are mid-level managers with at least three years of professional experience, or those who want to take their (family) business to the next level.

The programme also gives students the opportunity to deepen their knowledge of fundamental business skills such as management, marketing, and finance, as well as topics such as future-oriented decision-making and the European economic policy environment.

The programme also focuses on developing the competences essential for leadership, such as problem solving, decision-making, collaboration and communication.

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Admission requirements

Undergraduate academic requirements

  • Completed high school in your country (minimum 11 years of schooling). There are no subject, GPA or grade requirements for Corvinus

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).

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Fees and funding

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

Fee information

  • Undergraduate tuition

    from €5,000 to €6,600 per year

  • Postgraduate tuition

    from €6,600 to €10,800 per year

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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.

Hungary student visa requirements