Budapest, Hungary

Business + European Studies

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Information for term Business + European Studies

Application deadline, and cost information.

Application Deadline

May 1, 2020
weeks
days
hours

Program Deadlines and Pricing Info

  • Tentative Dates: Aug 31 – Dec 20, 2020 (16 weeks)*
  • Credit: 15 - 18 semester hours / 22.5 - 27 quarter hours
  • Eligibility: 2.5 Overall GPA

Extended Deadline

November 15, 2019
weeks
days
hours

Program Deadlines and Pricing Info

  • Deadline: November 15, 2019
  • Dates: Feb 3 – May 23, 2020 (16 weeks)
  • Credit: 15 - 18 semester hours / 22.5 - 27 quarter hours
  • Eligibility: 2.75 Overall GPA

Overview

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Budapest is a grand place to explore Central and Eastern European history while building knowledge in business, economics, finance, management, and marketing. Students take classes in English at CIEE’s partner school, Cornivus University, which is located on the banks of the Danube, as well as CIEE Budapest, which is located on the Cornivus campus. The location is ideal for exploring the beautiful architecture and historic sites of both Buda and Pest and for taking part in an internship for real-world international work experience. All courses are complemented with CIEE co-curricular activities and excursions beyond the city to enhance classroom learning and provide intercultural understanding.

Unique Experiences

  • See how daily life

    compares in a country that’s a relative newcomer to NATO and the European Union (EU).

  • Get a taste of rural life

    Get a taste of rural life with an overnight trip to hidden gems of former Hungarian territories in neighboring countries where history and traditional customs are still alive. Explore the places foreigners seldom do.

  • Zero-in on all things Hungarian

    with classes that range from art to politics, and access courses at a leading business university.

  • geothermal springs under the city

    80
  • colleges and universities

    40+
  • cities in one; Buda and Pest were unified in 1873

    2

Location & Culture

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Buda and Pest, two halves facing each other across the wide Danube River, make up this grand city where you’ll find a medieval neighborhood and castle, Baroque architecture, and hundreds of museums, theaters, and galleries. As Hungary’s capital, Budapest is the administrative, business, educational, and cultural center of the country. Despite the scars of four decades of communist rule, Budapest retains a rich turn-of-the-century feel and easy-to-live-in charm.

The Culture

EXCURSIONS & ACTIVITIES

  • Explore beyond the city with day trips to the 1,100-year-old Benedictine Archabbey of Pannonhalma, scenic Lake Balaton, picturesque sites at Danube Bend or Opusztaszer National Heritage Park.
  • Get an insider’s introduction to grand museums, galleries, and theaters.
  • Discover the scenic beauty of the Carpathian Mountains, traditional Hungarian hospitality and folklore.

PROJECTS

Volunteering. Whether you tutor, help with research, or run a workshop, you’ll connect with Budapest’s people in meaningful ways by pitching in at shelters, museums, schools, and more.

Internships. Gain experience and build your resume with a for-credit internship at successful start-up companies such as Secret Sauce Partners, , Institute for Foreign Affairs and Trade, Quadron Cybersecurity, or organizations like the American Corner, universities, and high schools.

Program Blogs

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Program Blogs

Daily Life

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  • HOUSING

    Residence hall: Students live at Milestone a private, newly renovated residence building. Students are housed in single bedrooms in either a community apartment with 1 or 3 other CIEE students, with a large shared kitchen and bathroom(s), or in a single studio with a private bath and small kitchen. The residence is situated about a 20 minute walk from Corvinus University or 15 minutes by metro. A grocery store and a number of restaurants are located within 5 minutes walking distance from the residence. Students have access to a gym, study rooms, club room with kitchen, washing lounge, reception/security 24/7, monthly cleaning, postal service, and wifi.

  • MEALS

    Meals are not included in the fee. Students can prepare basic meals in the residence, or eat at one of the many nearby restaurants.

Budapest, Hungary

Where You'll Study

  • A

    Center

    1093 Budapest, Fovam ter 8

  • B

    Getting Around

    Excellent public transportation makes it easy for students to navigate the city.

What People are Saying

  • Transylvania excursion with my group / Learning about the 1956 revolution through excursions

    Ann, University of Denver,Fall 16
  • The program was very well organized and just what I wanted from a study abroad experience.

    Kyle, Georgetown University,Fall 16

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Program Details

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What you need to know

The program details

The Business + European Studies program covers a range of topics including business, economics, politics, history, art, and culture. Students take at least two CIEE courses at CIEE Budapest and three other courses at either Corvinus Business School or CIEE. Students may elect to enroll in a for-credit internship course and a Hungarian language course.

The Corvinus University of Budapest, known as Karl Marx University until 1990 and the Budapest University of Economic Sciences and Public Administration until 2004, was established in 1948. The university enrolls more than 14,000 students and offers programs in business administration, economics, and social sciences. The university was listed in the top 50 in the Financial Times European Master’s in Management rankings.

Academics

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Academics

  • CLASS FORMAT

    Corvinus classes are relatively small, and in lecture format, though most professors welcome discussion. Teachers and non-American students may express their opinions in a more direct manner than American students may be used to. CIEE and Corvinus courses meet twice a week for 90 minutes. All Corvinus courses may include international and Hungarian students except for Hungarian language course.

  • GRADING

    Grades from A to F with pluses and minuses are based on a scale of 100. University courses: grades are based on midterm and final exams. Some courses include additional assignments. CIEE courses: grades are based on a term-paper requirement, attendance and participation, and midterm and final exams.

  • ACADEMIC CULTURE

    Examinations, grading, and credit policies follow U.S. policies. Attendance is mandatory for all CIEE and Corvinus classes.

Eligibility

  • OVERALL GPA

    Through the Spring 2020 semester, students must have a GPA of at least 2.75.

    As of the Fall 2020 semester, students must have a GPA of at least 2.5

Course Information

Program Credit
Total credit: 15-18 U.S. semester/22.5-27 quarter credits

Course Credit

  • CIEE courses: 3 U.S. semester/4.5 quarter credits; 45 contact hours
  • CIEE Internship: 3 U.S. semester/4.5 quarter credits; 15 seminar hours, 100-120 internship placement hours
  • Corvinus University courses: 3 U.S. semester/4.5 quarter credits; 45 contact hours

Language of Instruction
English

Requirements
Students take at least five courses (15-18 semester credits), including at least two CIEE courses; through the Spring 2020 semester, the internship and the Hungarian language course(s) do not fulfill this requirement.  The remaining course load is fulfilled by a combination of CIEE and/or Corvinus University classes.
 

Course Notes

  • Students who wish to immerse in the language can take Beginning Hungarian Language.
  • A list of specific Corvinus University electives is made available to accepted students prior to the beginning of the program.

Note: This course listing is for informational purposes only and does not constitute a contract between CIEE and any applicant, student, institution, or other party. The courses, as described, may be subject to change as a result of ongoing curricular revisions, assignment of lecturers and teaching staff, and program development. Courses may be canceled due to insufficient enrollment.

Courses

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Spring 2020 CIEE Courses

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Academic Projects

Course
Language
Semester Credit

Business, Economics, Management, and Marketing

Course
Language
Semester Credit

History, Philosophy, Religion

Course
Language
Semester Credit

Languages and Cultural Studies

Course
Language
Semester Credit

Literature, Linguistics, and Writing

Course
Language
Semester Credit

Social Sciences

Course
Language
Semester Credit

Visual and Performing Arts

Course
Language
Semester Credit

Fall 2020 CIEE Courses

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Academic Projects

Course
Language
Semester Credit

Business, Economics, Management, and Marketing

Course
Language
Semester Credit

Communication, Journalism, and Media

Course
Language
Semester Credit

History, Philosophy, Religion

Course
Language
Semester Credit

Languages and Cultural Studies

Course
Language
Semester Credit

Literature, Linguistics, and Writing

Course
Language
Semester Credit

Social Sciences

Course
Language
Semester Credit

Visual and Performing Arts

Course
Language
Semester Credit

Host Institution Courses

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CORVINUS UNIVERSITY BUSINESS AND ECONOMICS COURSES

Participants with an interest in business and economics may take up to three courses from among those offered through Corvinus University of Budapest. The final list of university courses open to CIEE participants will be available at the time of acceptance. Certain university courses require prior knowledge of the subject matter. Following is a representative sample of university courses that have been available in the past.

Business
Applied International Business Methods
Business Enterprise – Start-Up to SME
Business Ethics
Business Policy and Strategy
International Business Case Studies
International Business Law
Business Enterprise – Start -Ups
Corporate Social Responsibility
Global Anti-Corruption: Business and Governance Strategies
Sustainable Procurement and Circular Economy 

Economics
The Economics and Ethics of Globalization
Environmental Economics
Macroeconomics
Transition and Post Transition Challenges in Hungary
Globalization (Economic Theory)

Finance
Basic Finance
Corporate Finance 
International Financial Institutions and Nation States
Introduction to Financial Modeling

Management
Advertising Management
Decision Techniques
Effective e-Business Management
New Product Management
Tourism Management and Marketing
Project Management
Environmental Management
Human Resources Management
Organizational Behavior
Database Management in Practice
Personality Types and Team Dynamics

Marketing
Cross-Cultural Communication and Marketing
International Marketing
Marketing
Marketing Research
Services Marketing
SME Marketing
Consumer Behavior: Millennials and Generation Z
Web Development

Political Science
International Relations, 1945 to Present
Introduction to Legal Studies
International Debate

Scholarships

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Scholarships & Grants

CIEE offers more than $8 million in scholarships and grants annually to help students like you make your study abroad dream a reality.

Students who apply to this program are eligible for the following scholarships and grants:

  • Ping Scholarships for Academic Excellence
  • Global Access Initiative (GAIN) Grants
  • CIEE Gilman Go Global Grant

To be considered, submit the CIEE Scholarships & Grants application within your CIEE program application. Learn more at the Scholarships & Grants section of our website.

See more scholarship info

Dates & Fees

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Dates & Fees

You get more for every dollar when you study abroad with CIEE, because our high-quality programs include everything from excursions to insurance. There are no hidden charges, and no disappointing surprises when you arrive.

YOUR FEE INCLUDES:

  • Tuition
  • Housing
  • Advising before you depart to set goals and answer questions
  • Optional on-site airport meet-and-greet
  • Orientation – an introduction to Hungarian culture, your academic program, and the city, plus practical information about living in your host city
  • Full-time program leadership and support in your host city
  • Cultural and/or Co-curricular Activities
  • Excursions and/or Study Tours
  • Insurance and other travel benefits, with CIEE iNext
  • 24/7 emergency on-site support

No Hidden Fees

Program

Application Due

Start Date

End Date

Fees & Housing

Spring 2020 16 weeks Nov 15, 2019 Feb 3, 2020 May 23, 2020
$18,950
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Program Fees

CIEE offers the most student support of any provider in its program fee, including an airport greeting, full-time leadership and support, orientation, cultural activities, local excursions, pre-departure advising, and CIEE iNext travel insurance with benefits.

Participation Confirmation = $300 *

Educational Costs = $15,343 **

Housing = $3,140

Insurance = $167

Total Fees = $18,950

Estimated Costs

Students are responsible and manage costs related to travel, meals, books, and personal expenses. Below are estimates for consideration.

Meals not included in program fee = $2,200

International Airfare = $1,150

Local Transportation = $75

Books & Supplies = $200

Visa Fees = $80

Personal expenses = $2,200

Total Estimated Costs = $5,905

Financial Aid

CIEE offers the most grants and scholarships of any study abroad organization, including $8 million/year in travel grants, merit-based scholarships, institutional and MSI grants, and Gilman Go Global Grants.

See Scholarships

This breakdown has been prepared from the program budget for the purpose of calculating eligibility for financial aid. During the course of program operations, actual figures may vary. It should not, therefore, be used as a basis for calculation of refunds. CIEE reserves the right to adjust fees at any time.

Students required to study on CIEE programs through a School of Record will be charged a $500 administrative fee in addition to the Program Fees listed.

* non-refundable

** direct cost of education charged uniformly to all students

round-trip based on U.S. East Coast departure

Fall 2020 16 weeks May 1, 2020 Aug 31, 2020* Dec 20, 2020*
$18,950
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Program Fees

CIEE offers the most student support of any provider in its program fee, including an airport greeting, full-time leadership and support, orientation, cultural activities, local excursions, pre-departure advising, and CIEE iNext travel insurance with benefits.

Participation Confirmation = $300 *

Educational Costs = $15,343 **

Housing = $3,140

Insurance = $167

Total Fees = $18,950

Financial Aid

CIEE offers the most grants and scholarships of any study abroad organization, including $8 million/year in travel grants, merit-based scholarships, institutional and MSI grants, and Gilman Go Global Grants.

See Scholarships

This breakdown has been prepared from the program budget for the purpose of calculating eligibility for financial aid. During the course of program operations, actual figures may vary. It should not, therefore, be used as a basis for calculation of refunds. CIEE reserves the right to adjust fees at any time.

Students required to study on CIEE programs through a School of Record will be charged a $500 administrative fee in addition to the Program Fees listed.

* non-refundable

** direct cost of education charged uniformly to all students

*Dates for this program are provided as tentative dates. Please consult with your study abroad advisor to confirm dates before purchasing your flights.

To help you budget, keep in mind that students are responsible for the cost of international airfare, books and supplies, visas, and personal expenses. In addition, ask your college or university study abroad advisor if your school charges additional fees for study abroad.

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Our Staff

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Get Started

Here's what you need to do to take the next steps:
  • 1

    START AN APPLICATION
    You're one step closer to an amazing study abroad experience! 

    Apply Now
  • 2

    CONNECT WITH YOUR CAMPUS STUDY ABROAD OFFICE 
    Share your plans and confirm you're on track to meet all required steps to go abroad. 

  • 3

    Contact Us

    Send us an email if you still have questions or need information about applying to this program.