BA in English

Faculty of Finance and Accountancy

Budapest Business SchoolFaculty of Finance and Accountancy

Budapest Business SchoolFaculty of Finance and

AccountancyH-1149 Budapest, Buzogány u. 10-12.

Phone: (+36) 1 469 6706 • Fax: (+36) 1 469 6610E-mail: diakcentrum@pszfb.bgf.hu

www.bgf.hu/pszk

www.bgf.hu/pszkTraining Structure Training Structurewww.bgf.hu/pszk2 3

Dear students, dearinternational colleagues,

The Faculty of Financeand Accountancy ispart of BudapestBusiness School, thelargest businessschool in Hungary.Budapest BusinessSchool’s vision is to

play a leading role on the Hungarianhigher education market and in theneighbouring countries. The aim of oureducation is to prepare students for thedemands of the ever changinginternational labour market. Our effortswere recognized by the Higher EducationalQuality Prize 2010 awarded to BudapestBusiness School.The Faculty of Finance and Accountancy

has always been acknowledged on thelabour market and by the students as aschool with outstandingly practice-oriented education. We have long-timetraditions and been known as one of theacademic and professional centres in thefield of finance and accounting. Thereforewe mainly offer a BA in Finance andAccounting for our Hungarian andinternational students in English.However, within the framework of theprogramme, you can find many coursesoffered on a wider scale, for example indifferent fields of management as well.The realisation of an ambitious and

stimulating internationalisation policy isone of the priorities of the Faculty ofFinance and Accountancy for the comingyears. We can offer you a dynamic learningenvironment and the ever vibrantathmosphere of Budapest, a trulyinternational city of Europe. Taking theadvantage of studying abroad is anexperience for a lifetime: you can learnabout local culture and people, learn evenmore about your own culture, and themost about yourself. Let me recommendyou the words of Mark Twain as areminder:

”Twenty years from now you will bemore dissappointed by the things youdidn’t do, than by the things you did. Sothrow off the bowline, sail away from thesafe harbor. Catch the trade winds in yoursails. Explore, Dream, Discover… Travel isfatal to prejudice, bigotry, and narrow-mindedness.”We are looking forward to meeting you

in Budapest!

Balázs Heidrich, Ph.D.Dean

Course Title Number of Student CreditLessons Year

Lect. Pr.

Financial accounting 1. 2 3 1 6Introduction into Business Law 2. 2 0 2 3Human Resource Management 2 0 2 3Business information system 1 1 2 2Management Accounting 1 2 2 4Corporate Finance 3 2 2 5Banking 2 0 2 3Introduction into public finance 0 2 2Methods of business analysis 1 1 2 3Financial Simulation 0 2 3 3Money and Capital markets 1 1 3 3Complex analysis) 1 2 3 4Controlling 1 1 3 2Consolidated Accounts 1 1 3 2Financial and Accounting IT 2. 1 2 3 4

FREE OPTIONS AND COMPETENCY MODULES (AUTUMN AND SPRING SEMESTERS)

Course Title Number of Student CreditLessons Year

Lect. Pr.Political Science 2 0 2-3 2Sociology 2 2 2-3 2Business ethics 1 1 1 2Presentation and writing skills 1 1 1 2History of Economy 2 0 1-2 2Environmental management 2 0 2-3 2Economic Geograpy 2 0 2-3 2Economic Policy 2 0 2-3 2Socialpsychology 2 0 2-3 2Economic Policies of the European Union 2 0 2-3 2Intercultural management 1 1 1-2 2

COURSES IN FINANCE SPECIALISATION

Course Title Number of Student CreditLessons Year

Lect. Pr.Insurance and Social Insurance 1 1 3 3Financing Public Operations 2 2 3 6 Risk Management 1 1 3 3Tax administration, tax audit 1 1 3 3International Taxation 1 1 3 3Duties 1 1 3 3Nonprofit finances 1 1 3 3International Payment 1 1 3 3Public Procurement 1 1 3 3EU programmes, projects 1 1 3 3Managerial financial decisions supported with business simulation software 1 1 3 3Public Procurement 1 1 3 3IT in Financial Planning 1 1 3 3Bank controlling 1 1 3 3

COURSES IN ACCOUNTING SPECIALISATION

Course Title Number of Student CreditLessons Year

Lect. Pr.Business Valuation 1 1 3 3Efficiency Analysis 1 1 3 6 Specific Accounting Problems 1 1 3 3Non-profit Accounting 1 1 3 3Accounting Expert Systems 1 1 3 3Introduction into Auditing 1 1 3 3International Accounting 1 1 3 3Accounting for Banking 1 1 3 3Economic Modeling 1 1 3 3Logistics 1 1 3 3Quality Management 1 1 3 3Specific Analysis Problems 1 1 3 3Valuation 1 1 3 3Managerial financial decisions supported with business simulation software 1 1 3 3

AUTUMN SEMESTER

Course Title Number of Student CreditLessons Year

Lect. Pr.Business Mathematics 1 1 2 1 3Microeconomics 2 2 1 5Introduction into Finance 2 0 1 3Introduction into Business Law 1. 2 0 1 3Introduction into Business Administration 2 0 1 3Introduction into Accounting 2 2 1 5Business Communications 1 1 1 2Information Technology 1. 1 1 1 2Operation Research 0 2 2 3International Economics 2 0 2 3Statistics 2. 1 2 2 3Introduction into Corporate Finance 1 1 2 3Financial Accounting 2. 2 2 2 5Taxation 1 2 2 4Applied IT 0 2 2 3Business Planning 1 2 3 4EU Finances 2 0 3 2Financial and Accounting IT 1. 1 2 3 3Language of Finance and Accounting 0 4 3 4

SPRING SEMESTER

Course Title Number of Student CreditLessons Year

Lect. Pr.

Introduction into Marketing 2 0 1 3Statistics 1. 1 2 1 3 Business mathematics 2 1 2 1 3Information Technology 2. 1 1 1 2Macroeconomics 2 2 1 5Introduction into Management 2 0 1 3Taxes and subsidies 1 1 1 3

Budapest Business SchoolFaculty of Finance and AccountancyBA in English – Course List

Studz Programmeswww.bgf.hu/pszk 5

Study Programmes of BBS FFA The Faculty of Finance and Accountancy offers the followingprogrammes:

• Higher vocational training for assistants in banking,accounting, business information systems or projectmanagement. The two-year diploma programme preparesgraduates to meet the expectations of the job market, butthey can also enrol in one of the Faculty’s undergraduateprogrammes, if they meet the given requirements.

• BA (Undergraduate) programmes in the following areas1. Finance and Accounting2. Human Resources Management3. Business Economics and Management 4. Business IT

The training takes 7 semesters, 6 of which are in class andone semester is for internship. The students start with asemester of introduction, followed by six semesters ofundergraduate courses. As shown in the following chart, thestudents get increasingly more specialised training in thecourse of their studies:

The programmes of Business Economics and Management andof Finance and Accounting are also offered for part-time learners.The part-time programmes are planned for 8 semesters.

The Finance and Accounting programme is offered in English.As we know that not all of the students have interest inaccounting and finance, we combined this programme with awide choice of management courses. The stucture of thetraining does not depend on the language of the programme.

• MA(graduate) programmes in the following areas in full-timeand part-time forms:1. Finance: • Corporate Finance specialisation

2. Accounting:• Management Accounting specialisation• Controlling and Auditing specialisation

• Lifelong learning accredited programmes in several topics whichare 2-year post-graduate studies, for example for Certified andChartered Accountants, Financial and Tax Consultants

Staff and Students Staff members: 203

Academic (teaching + research) staff 102Administrative /technical staff 101

Students: 6160

Full-time: 4216Vocational training: 687BA: 3478MA: 51

Part-time: 1944Vocational training: 111BA: 1147MA: 265Accr. programmes: 421

Other Activities Guest lectures and experts from private and public sector Organization of conferences on education, professional issues Regular surveys on the quality of teaching among

students Projects and researches: we have joint projects at Budapest

Business School level for the different Faculties and alsoprojects and researches executed by the Faculty of Financeand Accountancy. Examples:• Leonardo da Vinci

Innovation Transfers International Comparative Studies and Course

Development on SMEs Reference Materials Project Pilot Project

• Tempus IV and Bilateral Cooperation• National projects:

TÁMOP: Team Academy, service development forstudents and for the institutions

HEFOP: BA training development

InfrastructureNow, the FFA has more than sixteen classrooms, 21 PC rooms,language labs, a gym, five well equipped auditoriums (seating300-500 persons) and a library. There is a hall of residence anda self-service restaurant for the students.

www.bgf.hu/pszkBudapest Business School4

Budapest Business School – Faculty of Finance and Accountancy

(BBS-FFA) Budapest Business School – Faculty of Finance andAccountancy is one of the branches of Budapest BusinessSchool. The FFA is located a few miles from the centre of the cityand is easily accessible by public transportation. The campusconsists of a few buildings close together in a leafy area on thePest side of the capital.

The Vision of Budapest Business School To become one of the leading institutions of highereducation nationally and in Central and Eastern Europe in thefield of business studies and related disciplines at the levels ofundergraduate and graduate training and in continuingeducation. Budapest Business School (BBS) is a higher educationinstitution with wide-ranging international relations. It has activeconnections with 183 foreign higher education institutions in 42countries on five continents.

Types of international cooperation can fall into the followingcategories of relations:1. Strategic cooperation: cooperation agreements based on dualaward programmes, joint studies, research and projects.

2. Relations based on student, teacher and staff mobility withinthe framework of the Erasmus programme.

3. Bilateral educational, research and scientific cooperationoutside the scope of the Erasmus programme.

The History of the Faculty of Finance and Accountancy Budapest Business School was established as a result of theHungarian higher education integration – the College ofCommerce, Catering and Tourism (CCCT), the College ofInternational Management and Business (CIMB), and the Collegeof Finance and Accountancy (CFA) – were merged. The presentscope of the FFA was formed in 1953, when the College ofAccountancy was established.

In the past years not just the institution and the number of thestudents have expanded, but also a claim for higher level ineducation has appeared.

The accession to the European Higher Education Area was aprominent change in the FFA’s life. It is called the Bologna Process.There are some expanded alternatives, which make the choiceeasier for students.

The Most Wanted Business Degree Most of our graduates embark on careers in the accountingand financial professions, including work for large multinationalcompanies and big accounting firms. We especially take pride inthe success of some of our alumni who now occupy outstandingpositions in the dynamically developing Hungarian businesscommunity.

In 2011, nation-wide 22.86 % of applicants for business studiesbegan their studies at BBS (the 4 Faculties combined).

Module Training Credit Point Ratio

AUnified basic

training

General basictraining 23%

50%B Business basic

training 27%

C Professional training according to theprofile of the field of study 30%

50%D Special professional training according

to the specialisms 20%

Total: 100%

www.bgf.hu/pszkStudent Life Student Lifewww.bgf.hu/pszk6 7

Why to choose Hungary for your life-changing experience?

Hungary, with a thousand years of history and culture, with a pulsing life of young people, with itsradiating sub-Mediterranean beauty and with a wave of the heartbeats of its 10 million people is

the best choice for a life-changing experience as a student

And this is not the end of the list! Come on andmake your student life more colourful and

exciting with us at the FFA!

Sights and Attractions in Hungary

Here you can find LakeBalaton, the largest lake inCentral Europe. There are thepopular Hungarian thermalsprings, which supply thedozens of thermal medicinalwaters and spas, the world-famous Hungarian wineregions and wines

Hungarian Summer

The heartbeat of Hungaryaccelerates during the summer.During the summer, dozens ofdifferent festivals are organizedcountry-wide:

• the Sziget Festival, which is annually organized on an island onthe Danube in Budapest. Moreover the VOLT and the Valley ofArts, which is organised in Kapolcs and nearby.

Hungary also has famous gastronomic specialties like theHungarian wine and the unique Hungarian drink Pálinka.

Everyday Life in Budapest

Budapest, as one of the mostbeautiful cities crossed by theriver Danube, has an amazingcharm with the monumentalbridges crossing the river, whichis as wide as the Thames plus theSeine together. the Royal Castleguarding from the hilltop, and theNational Gallery looking down onthe emblematic Chain Bridge of Budapest.

In addition to the festivals, there are hundreds of greatopportunities to chill out in the parks or have a party in theevenings at moderate prices.

Budapest by the FFA

At Budapest Business SchoolFaculty of Finance andAccountancy you can experiencea diverse and eventful student lifewith cool parties organized byHÖK, a student organizationwhich also deals with studentaffairs and events. If you are

interested in a multicultural community, you can meet traineesfrom all over the world in AIESEC, which is an international youthorganization giving the opportunity of traineeships in 110countries worldwide.

Why to choose the FFA for your new beginning?

Dear Foreign Students,The Student Government and AIESEC not only provide theadvocacy, the foreign contacts and the professional experiences,but also ensure the dynamic student life, and organize hilariousparties.

The Not-To-Be-Missed Orientation Week Every foreign student cantake part in the the OrientationWeek. Every student can meettheir team mates and otherstudents. Here, they get the necessary basicinformation on the nextsemesters.

After Orientation The organisers throw Orientation Week After-Parties so thatthe excellent atmosphere of the camp will continue. Also outsidethe school, in the most elegant and the most prestigious pubs ofBudapest, there are Weekly FFA Parties.

The Initiation For the first year studentsthere will be a freshers' ball held.

This ball is directly for and aboutthe freshmen organized in theWhite Angel Club.

Usually the participants wearelegant and fashionable clothes.

Happy New Years!

If you feel the FFA has becomeyour second home by the end ofthe semester and like your schoolmates very much, you are requiredto attend the FFA New Year's Party!

The ’Never-Ending’ College Days

Not just the FFA, but also theother Faculties of BBS willorganise College Days. This eventlasts 3 days and contains lots ofexciting programmes. Thestudents and teachers can choosethe best for themselves (e.g. thebeer tent, the cooking

competition, the make-up artists, the football match, the extremesport facilities, etc.)

Life in the FFA’s Hall of Residence

The management of the FFA tries to make life in the hall ofresidence more colourful. And they organise the Days of the Hallof Residence. The students can take part in tea house programmes,the Gulliver cup (football), and nesting programmes.