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Applied Economics, B.A.

  • Application Deadline
  • 36 months
    Duration
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Overview

The Applied Economics program of Eötvös Loránd University is builded upon the curricula of the best American and European programs and using up-to-date textbooks, our teaching staff has built a carefully crafted and interconnected set of demanding courses with one goal in mind: to turn every student, prepared to put in the necessary work, into an accomplished young professional who can work as an analyst or as a civil servant for government agencies, who can carry on their studies at the M.A. level towards becoming a researcher or a professor, or who can use their skills and competence in any other field from journalism to business to data analysis. 

Many of our faculty have studied or worked abroad, and we pride ourselves in providing a nurturing environment with small classes and open doors. Our courses range from the obligatory staples (Mathematics, Statistics, Micro-, Macroeconomics, Econometrics) to applied elective courses, usually including hands-on work with data, offered by some of the best research economists of Budapest. Strength of program

Strenghts of program

Our program stands out by taking the quality of teaching very seriously, striving to improve and listening to feedback from students; by especially stressing quantitative methods, preparing students for the careers of the future requiring data analysis; by the faculty being involved in a multitude of research projects into areas as diverse as health economics, behavioral economics and education economics that ambitious students can join as research assistants early on; by listening to a network of prestigious peers (including our international advisory board, the Economics faculty of Central European University and some of the most excellent research economists of Hungary) as well as the growing cohorts of our loyal alumni all over the world; and by close links to a number of internationally recognized institutions that apply Economics in their work including policy think tanks and applied research centers, whose senior researchers often offer elective courses and where our students can work as interns or after graduation.

Career paths

When we first designed our undergraduate (ELTECON-BA) program in Economics at ELTE University, we made it a tenet to use the templates of the best such programs in the world, to use textbooks widely used at the best colleges, to provide a quality education not saving our own efforts, to expect students to work a lot, to require them to prove they did and to give a lot of consideration to what skills arm them best for their career. Our ambition for excellence seems to have been validated by the placement of our alumni so far.

92% of the first three cohorts of the alumni of our BA program went on to MA-level studies, 55% of them studying for a degree in Economics at universities accredited outside of Hungary, at high-prestige competitive schools like New York University (NYU), London School of Economics (LSE), Barcelona Graduate School of Economics, Universitat Autonoma de Barcelona, Universidad de Alicante, Institut für Höhere Studien (IHS), Universidad Carlos III, Vrije Universiteit Amsterdam, University of St. Gallen, Tilburg University and Central European University (CEU). We are proud that our alumni have performed well in these programs, several of them scoring at the very top of their class.

Some of our BA alumni chose other, related, subjects than Economics proper for their graduate studies, for instance, at Universitat Pompeu Fabra (MA in Cognitive Science), at Københavns Universitet (MA in Agricultural Economics), at the Glasgow Business School; others were employed right out of school at well-known companies like MOL, a Magyar Telekom (a subsidiary of Deutsche Telekom), or the insurance giant Allianz.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 36 months
  • Credits
    180 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Introduction to mathematics of economics
  • Calculus
  • Mathematics of economics
  • Analysis of economic data
  • Probability and statistics
  • Econometrics

English Language Requirements

  • Minimum required score:

    5.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

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  • Minimum required score:

    46

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

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  • Minimum required score:

    453

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

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General Requirements

  • Basic mathematics: graphs and properties of functions, system of equalities and inequalities, logarithm rules, power rules, basics of analytical geometry
  • Students' reading skills should be at a level where they can locate and organise several pieces of deeply embedded information, inferring which information in the text is relevant.
  • Advanced English language knowledge is required. The language knowledge is assessed and evaluated during the interview. (No official language certificate is required for the program, it is only a recommendation.)

Tuition Fee

  • International

    4800 EUR/year
    Tuition Fee
    Based on the original amount of 2400 EUR per semester and a duration of 36 months.
  • EU/EEA

    1600 EUR/year
    Tuition Fee
    Based on the original amount of 800 EUR per semester and a duration of 36 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Budapest

  • 172338 - 268260 HUF/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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