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Pénzügy Mesterképzés (Master's Program in Finance)

The goal of the program is to train financial economic experts who possess competitive financial knowledge, particularly in investment analysis and risk management, in international comparison. Our students will be able to think independently and complexly, manage and analyze the financial processes of the economy at both macro and micro levels.

Program Objectives

The primary objective of the program is to provide high-level professional standards in investment analysis, portfolio management, corporate and bank treasury, and risk management. To achieve these objectives, we have designed our master's program to cover the professional requirements of the Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) designations. As a result, our students will be partially prepared to pass the CFA/FRM exams upon graduation.

Accreditation

Our program has been accredited by the Global Association of Risk Professionals (GARP) - the provider of the FRM designation - as the first accredited program in Hungary. Additionally, our program has successfully obtained the EFMD Program Accreditation (EFMD Accredited) in March 2025, which internationally verifies the excellent quality of our training. The EFMD Program Accreditation is a globally recognized quality assurance system that evaluates business and management education programs. The accreditation aims to examine the quality of programs in key areas such as curriculum design, teaching methods, student assessment, and quality assurance processes.

Program Details

• Degree: Master's degree (MSc)
• Field of Study: Economics, specialization in Finance
• Language of Instruction: English
• Duration: 4 semesters
• Tuition Fee: 600,000 HUF/semester (self-financed)

Admission Requirements

To be admitted to the master's program, students must have a minimum of 60 credits in the following areas:

• Methodological knowledge (mathematics, statistics, computer science): 15 credits
• Economic knowledge (micro- and macroeconomics, international economics, environmental economics, economic theory, economic statistics, history of economic thought, economic modeling, economic policy, sectoral and functional economics, community economics, world and European economics, public policy): 10 credits
• Business basics (business economics, accounting, controlling, human resource management, economic law, marketing, leadership and organization, value-creating process management, decision theory and methodology, business ethics, strategic planning, business communication): 10 credits
• Social science basics (European Union, general and economic legal knowledge, economic history, sociology, psychology, philosophy): 10 credits
• Professional knowledge (finance, money and capital market knowledge, banking, financial policy, taxation, corporate finance, company valuation): 15 credits

Students must have at least 30 credits in the above areas to be admitted to the program. Any missing credits must be obtained within two active semesters, as specified in the university's study and examination regulations.

Recognized Programs

The following programs can be considered for admission to the master's program with full credit recognition:

• Finance and Accounting
• Business Administration and Management

Other undergraduate and master's programs, as well as programs recognized by the Higher Education Act of 1993, can also be considered if the knowledge acquired is similar to the requirements of the program. The university's credit recognition committee will assess the credits to be recognized.

Additional Information

For more information, please refer to the Finance Master's Program brochure (valid from the 2023 autumn semester).