Finance and Accounting BA

Title

Finance and Accounting BA

Degree

Economist in Finance and Accounting BA

Type

Degree program

Level

Bachelor

Accreditation number

FNYF/122-2/2019

Language

English

Duration

7 semesters (3.5 years)

ECTS credits

210

Minimum number of students

10

Maximum number of students

100

Description

The Faculty of Economics (ELTE GTK) is the youngest and most dynamic faculty ELTE, Hungary’s oldest, most prestigious, and internationally highest-ranking research university. We are proud that GTK is a defining centre of economics trainings in Hungary with popular programmes offered on all study levels. Our faculty is currently the largest institution for Master’s and MBA studies in the country and is one of the top two centres for academic excellence in the Bachelor’s trainings with quickly increasing international visibility through its two English-language bachelor’s programmes. We take 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 our accomplished Faculty consisting mostly of associate and full professors with decades of teaching experience and close collaborations with international partners and organisations. The continuous support of our dedicated staff and the various student organisations contributes to the integration and success of our international students.

The faculty’s picturesque, state-of-the art, air-conditioned buildings are located on ELTE’s Astoria Campus in the city centre of Budapest. In total, we currently have over 7,000 students. Full-degree and exchange international students are a significant part of our student community making the learning experience particularly inspirational and effective. International students share classes with Hungarian students and also Erasmus+ and guest students from partner universities, and are offered various onsite and international, as well as extracurricular opportunities to broaden their horizon. Our programmes include one or two semesters of compulsory internship, which gives students a significant competitive advantage in the job market.

Primarily targeting international business environments, our trainings are attractive to high-ability and diligent students. We currently offer two English degree programmes at bachelor level, namely International Business Economics (8 semesters) and Finance and Accounting (7 semesters).

GTK is a proud member of the Business Graduates Association (BGA) and has already earned  significant institutional recognitions and accreditations with further international accreditation processes currently underway. Two of ELTE GTK’s programmes boast accreditations by the Association of Chartered Certified Accountants (ACCA). One is the Finance and Accounting BA programme, which is the only Hungarian bachelor’s programme offering undergraduate students a considerable number of exemptions from ACCA’s examinations. Students who successfully complete their ACCA studies, will have a significant competitive advantage in the job market worldwide including above-average salaries and easier promotion in the finance and accounting departments of multinational companies.

The main goals of the Finance and Accounting BA programme (FA) at Eötvös Loránd University are to familiarise students with economic processes both at a macro and a micro level and to acquaint them with the European monetary and business environment with a focus on finance, accounting, and controlling. This programme is recommended to applicants who are keen to become specialists in the above fields, coupled with a broad understanding and an up-to-date approach to business economics.

The FA programme enables students to become experts in economics and financial planning, to manage financial projects and help financial decision-making in companies. Successful graduates of the programme will be qualified to work, for instance,

  • in finance: predict economic viability in future scenarios as a stockbroker. Do reporting, forecasting financial situations, financial planning, expected costs, incomes, taxes as a financial analyst.
  • in accounting as a chartered accountant / management accountant: understand and present past financial data.

The ideal applicant loves to work with numbers, has strong analytical and problem-solving skills, a high degree of precision, and scrupulous attention to detail.

Watch this short video where students tell you why they like studying at ELTE GTK.

Strength of program

The Finance and Accounting BA programme gives students a solid background in finance, accounting, and controlling combined with a general training in business economics. In addition, the programme’s international approach and the thorough  understanding of such areas as IT, management, law, and communication, all of which are essential to those seeking employment in the 21st century business world, ensure that GTK’s students stand out from the crowd and find exclusive jobs upon graduation.  

The main strengths of the Finance and Accounting programme at Eötvös Loránd University, Faculty of Economics are:

  • consistent development of a multicultural approach and awareness
  • continuous improvement of analytical and problem-solving skills
  • considerable emphasis on business communication, argumentation, and negotiation skills
  • strong focus on business law issues in order to avoid legal pitfalls
  • increased attention to the social sciences and methodology to broaden students’ mindset
  • successful application of theory to practice: one semester of compulsory internship and a prolonged project work process with an emphasis on solving real-life problems in the field of finance and accounting under the guidance of experienced supervisors.

For more information about the courses, visit https://gtk.elte.hu/en/erasmus/courses?m=8780

Semester 1
Management I. (6)
Marketing I. (6)
Accounting I. (6)
Mathematics I. (6)
Community and Individual (3)
Economics I. (3)

Semester 2
Corporate Finance I. (6)
Accounting II. (3)
Management II. (3)
Mathematics II. (6)
Business Law I. (6)
Economics II. (6)

Semester 3
Corporate Finance II (3)
Analysis and Controlling (6)
International Finance and Economics (6)
Business problem solving with Excel (3)
Argumentation (3)
Business Law II (6)
Business Statistics I (3)

Semester 4
Management Accounting (6)
National and International Taxation (3)
Economic Policy (3)
Persuasion (3)
Business Statistics II (6)
Industrial Organisation (3)
Preparatory Course for Project Work (3)
Compulsory elective course unit in Informatics (3)

Semester 5
Investment and Financing (6)
Project Work I (9)
Compulsory elective course unit in Law (3)
Compulsory elective course unit in the Social Sciences (3)
Free elective course I (3)
Free elective course II (3)
Free elective course III (3)
Comprehensive exam A (0)
Comprehensive exam B (0)

Semester 6
Negotiation (3)
International Financial Management (6)
Social responsibility, sustainability (3)
Law and economics of the European Union (3)
Project Work II (9)
Compulsory Elective Course Unit in Economy and Society (3)
Free elective course IV (3)

Semester 7
Thesis writing (10) 
Internship (20)

Compulsory elective course offer in Business Law

  • Law, State, Democracy
  • International Business Law
  • European Union law (EU law)
  • Fundamentals of Labour Law
  • Information Society Law
  • Business and Human Rights
  • Press Knowledge and Press Law

Compulsory elective course offer in the 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

Compulsory elective course offer in Economy and Society

  • Problems in Contemporary Philosophy
  • Transdisciplinarity and Expertise
  • Business Ethics

Compulsory Elective Course Unit in Informatics

  • Data Analysis in the Social Sciences
  • Finance and Accounting Informatics
  • Business Analysis
  • Advanced Excel
  • The art of data analysis with Python
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
  • Chartered accountant
  • Chartered management accountant
  • External auditor
  • Forensic accountant
  • Stockbroker
EU/EEA students
non-EU/EEA students
Tuition fee/semester

2700 EUR

3600 EUR

Application fee

100 EUR

100 EUR

non-EU/EEA students
Tuition fee/semester

3600 EUR

Application fee

100 EUR


Offered for the next academic year
Start program

01, Sep, 2025

Deadline for applications - September intake

04, May, 2025

Is there a February intake

No


Admission requirements

Entry requirements

For the Finance and Accounting BA programme the application of those prospective students is welcome who have completed their secondary school studies and can provide proof of this by presenting a secondary or high school diploma (or equivalent), which allows direct access to tertiary/higher education.

The applications are examined by the Admission Committee within three weeks of the application deadline. Suitable applicants are invited to the entrance exams, after which applicants are notified of the outcome of the selection process via the online application system. Admission certificates are issued by 15th of July.

Underage applicants: It is only in exceptional cases (e.g. if both the prospective student and a close relative/legal guardian already reside in Hungary and have a Hungarian residence permit) that we admit students who have not passed their 18th birthday by the start of the programme.

 

Language requirements

Minimum level of language proficiency (oral) (A1-C2): B2
Minimum level of language proficiency (written) (A1-C2):  B2

Further comments:

Applicants who do not speak English as their native language or did not study their high school subjects in English (for minimum 2 years), or have not completed at least 60 credits in English at a university level institution (please, submit your Transcript of Records document),

must take one of the following standardised language tests and have a valid certificate with the minimum score shown below:

  • TOEFL (iBT) Score: minimum 80 points
  • TOEFL (PBT) Score: minimum 500 points
  • TOEFL (CBT) Score: minimum 173 points
  • IELTS minimum overall band: 6.0
  • Cambridge English: Cambridge First Certificate (FCE): 170

The following tests and certificates are not encouraged but are accepted (with the minimum score shown below):

  • Duolingo: 110
  • TOEIC Listening and Reading: 785
  • TOEIC Speaking and Listening: 310, and
  • Euroexam Online: overall 75%

Applicants whose native language is English and/or have studied at an English-medium secondary/high school are required to upload a certificate issued by their school stating that their secondary/high school education was in English.

Documents to submit with application

Document

Comment

Transcript of records of the final two years in secondary school

original and English translation

Secondary school certificate/diploma (or equivalent)

original and English translation

If the diploma is not available at the time of the application, an official document stating the expected date of issue. is to be uploaded

CV

pdf format, under relevant task

Motivation letter

type text (between 500 and 2,000 characters)
under relevant task

Recommendation letter

2 letters in pdf format under relevant task,
highly recommended

 

Copy of the main pages of the passport

passport must be valid

If a passport is not available, a declaration together with a personal photo ID issued by applicant’s home country is required.

Passport photo

 

Copy of application fee transfer slip/payment order

 

Language certificate

if applicable, see above 
Medium of Instruction certificate issued by the school is acceptable in case the language of tuition was English (min. 2 years) 

 

Application procedure

Application starts in the online application system. Students must register in the system, fill in the online application form, upload the required documents and follow the instructions during the application process.

Payment is to be made to:

Name: Eötvös Loránd University
Name of the bank: Hungarian State Treasury Ltd.
Postal Address of the bank: Váci str. 71., 1139 Budapest, Hungary
Bank account no: 10032000-01426201-00000000
IBAN no.: HU03 1003 2000 0142 6201 0000 0000
Swift code: HUSTHUHB
VAT-Nr.: HU 1530 8744

TRANSFER INFORMATION:
Please, enter the following details in the payment reference section of the transfer order: I11101/22 GTI-PS-NBEN your full name and the amount.
Note that the code to be entered in the comments section begins with a capital “i”

Entrance examination and selection process:

The applications are examined by the Admission Committee within three weeks of the application deadline. Next, suitable applicants are informed on the exact details of the entrance examination. Following the admissions exams, applicants are notified of the outcome of the selection process via the online application system. Admission certificates are issued via the same platform by 15 July.  

There is no February intake.

Type of entrance examination: a combination of oral, written, and video tasks  

Place of entrance examination: various online platforms (e.g. Canvas, MS Teams)

Further details of the entrance exam:

Following the submission and initial examination of the required documents, a two-part entrance examination will take place online. The examination may consist of a combination of different tasks, e.g. an online written task, a video submission, an individual or group oral interview / discussions.

  • The online written task is designed to test the applicant’s level of English proficiency and his/her mathematical / logical skills in the form of tests and essay writing tasks.
  • The video task is an ‘application pitch’ providing some insight into the applicant’s life, allowing the faculty to assess the candidate’s academic potential and suitability for the programme.
  • The oral part takes the form of a short (approximately 15-minute-long) interview / discussion on an online platform.

Further details of the selection and evaluation method:  

The ranking of the applicants is based on the overall evaluation of their previous academic excellence (as shown in the submitted documents) and the results of the combined entrance exam.
The submission of the following documents is not required but encouraged, and they are taken into consideration in the admission process: Mathematics exams (SAT Mathematics Subject Test Level II.: min. 680 points or ACT Test: min. 22 points in the Mathematics part).

Program leader

Prof. Mihály ORMOS
Head of Department of Finance and Accounting

Program coordinator

Mr László SZOBOSZLAI
Coordinator
E-mail: th@gtk.elte.hu
TEL: +36 302 437 119
Postal address: Rákóczi út 7, 1088, Budapest, Hungary

International Office

E-mail: degreeprogramme@gtk.elte.hu
Postal address: Rákóczi út 7, 1088, Budapest, Hungary