Program Overview

Introduction to the Finance and Accounting BA Program

The Finance and Accounting BA program at Eötvös Loránd University, Faculty of Economics, is designed to provide students with a solid background in finance, accounting, and controlling, combined with a general training in business economics. This program is recommended for applicants who are keen to become specialists in these fields, coupled with a broad understanding and an up-to-date approach to business economics.

Program Details

• Title: Finance and Accounting BA
• Degree: Economist in Finance and Accounting BA
• Type: Degree program
• Level: Bachelor
• Accreditation number: FNYF/122-2/2019
• Faculty: Faculty of Economics
• Language: English
• Duration: 7 semesters (3.5 years)
• ECTS credits: 210
• Minimum number of students: 10
• Maximum number of students: 100

Program Description

The Faculty of Economics (ELTE GTK) is the youngest and most dynamic faculty of ELTE, Hungary’s oldest, most prestigious, and internationally highest-ranking research university. The faculty takes a modern approach to business education, promoting responsible leadership and sustainable business practices in close collaboration between students and teaching and research staff. Throughout their studies, students are taught by accomplished faculty consisting mostly of associate and full professors with several years of teaching experience and close collaborations with international partners and organizations.

Career Opportunities

The general training in business economics and the solid background in finance, accounting, and controlling allow graduates to become experts in economics and financial planning, to manage financial projects, and to assist financial decision-making in prestigious multinational corporations. Job examples include:

• Chartered accountant
• Chartered management accountant
• External auditor
• Forensic accountant
• Stockbroker
• Financial analyst

Tuition Fees

• EU/EEA students: 2700 EUR per semester
• Non-EU/EEA students: 3600 EUR per semester
• Application fee: 155 EUR (those applying for both programs only need to pay one application fee per person)

Admission Requirements

• Entry requirements: Prospective students must have completed their secondary school studies and can provide proof of this by presenting a secondary or high school diploma (or equivalent).
• Language requirements: Minimum level of language proficiency (oral and written): B2
• Standardized language tests: IELTS, TOEFL, Cambridge English, etc.
• Exceptions: Those whose native language is English, those who have studied at an English-medium secondary/high school for a minimum of two years, or those who have completed courses worth minimum 60 credits in English at university level.

Documents to Submit with Application

• Transcript of records of the final two years in secondary school: Original and certified English translation
• Secondary school certificate/diploma (or equivalent): Original and certified English translation
• CV: PDF format, under relevant task
• Motivation letter: Type text (between 1000 and 1500 characters) under relevant task
• Recommendation letter or reference: 2 letters in PDF format, signed and stamped, preferably on institutional letterhead paper, under relevant task (highly recommended)
• Copy of the main pages of the passport: Passport must be valid, preferably until after enrollment (early September)
• Passport photo:
• Copy of application fee transfer document/invoice:
• Language certificate: If applicable, see above (or declaration)
• Medium of Instruction Certificate: Issued by the high school, acceptable in case the language of tuition was English (min. 2 years)

Application Procedure

• Application starts in the online application system and includes the payment of the non-refundable application fee by the application deadline.
• Prospective students must register in the system, fill in the online application form, upload the required documents, and follow the instructions during the application process.

Entrance Examination and Selection Process

• The application documents are examined by the Admission Committee within three weeks of the application deadline.
• Suitable applicants are informed on the exact details (timing and content) of the entrance examination.
• The expected level of the exams does not exceed knowledge pupils can gain at secondary (high) school level.
• Following the admissions exams, applicants are notified of the outcome of the selection process via the online application system.
• Admission certificates (Letters of Acceptance) are issued and sent via the same platform by the end of July the latest to those applicants who have submitted all their documents.

Program Structure

The program consists of 7 semesters, with a combination of compulsory and elective courses. The curriculum includes:

• Semester 1: Management I, Marketing I, Accounting I, Mathematics I, Community and Individual, Economics I
• Semester 2: Corporate Finance I, Accounting II, Management II, Mathematics II, Business Law I, Economics II
• Semester 3: Corporate Finance II, Analysis and Controlling, International Finance and Economics, Business Problem Solving with Excel, Argumentation, Business Law II, Business Statistics I
• Semester 4: Management Accounting, National and International Taxation, Economic Policy, Persuasion, Business Statistics II, Industrial Organisation, Preparatory Course for Project Work, Compulsory Elective Course Unit in Informatics
• Semester 5: Investment and Financing, Project Work I, Compulsory Elective Course Unit in Law, Compulsory Elective Course Unit in the Social Sciences, Free Elective Course I, Free Elective Course II, Free Elective Course III, Comprehensive Exam A, Comprehensive Exam B
• Semester 6: Negotiation, International Financial Management, Social Responsibility, Sustainability, Law and Economics of the European Union, Project Work II, Compulsory Elective Course Unit in Economy and Society, Free Elective Course IV
• Semester 7: Thesis Writing, Internship

Compulsory Elective Course Offers

• Business Law: Law, State, Democracy, International Business Law, European Union Law, Fundamentals of Labour Law, Information Society Law, Business and Human Rights, Press Knowledge and Press Law
• Social Sciences: Conceptual Tools of Sociology, Introduction to Cultural Anthropology, Sociology and the Study of Modern Societies, Schools and Methods in Cultural Anthropology, Fundamentals of Political Science, Problems in Contemporary Philosophy, Economy of the European Union, Transdisciplinarity and Expertise
• Economy and Society: Problems in Contemporary Philosophy, Transdisciplinarity and Expertise, Business Ethics
• Informatics: Data Analysis in the Social Sciences, Finance and Accounting Informatics, Business Analysis, Advanced Excel, The Art of Data Analysis with Python

Program Leader and Coordinator

• Program Leader: Prof. Mihály Ormos, Head of Department of Finance and Accounting
• Program Coordinator: Mr. László Szoboszlai, Coordinator