Tomori Pál College

International Business Economics (BA)

Objective of the BA programme: The objective is to train economic experts with a high level of English and/or German knowledge who can coordinate and perform work for international businesses, furnished with their skills in economics, applied economic sciences, methodology and those acquired in their specialisations. Students will be well-prepared to continue with a master programme as well.

The course aims to train professionals who can take advantage of their skills in economics, social sciences, applied general and internetional economic sciences and methodology in two foreign languages, who understand the international economic system and who are well-prepared to analyse the rapidly changing global economic processes. Graduates will be trained to manage and perform work for international businesses, large, small and medium-sized enterprises or international institutions, get involved in the opreation and execution of development programs at the international level for public organisations, with a special consideration to the objectives of the UN regarding sustainable growth and for projects of the EU cohesion funds including national and international development programs.

The curriculum has been designed to meet the objectives above, with a special highlight on practice-oriented education, the development of analytical skills, problem solving, teamwork and communication including the preparation of students to plan and carry out international development programs and projects.

The programme of International Business Economics has been designed to focus both on theoretical subjects  and on practical skills in relation to the profession, in compliance with the decree of 18/2016 (VIII.5.) by EMMI.

Internationalisation has become a key aspect at Tomori Pál College in the recent years involving a growing interest for Erasmus progams, the recruitment of international students from developing countries and teacher exchange programs.

In the field of development policies, students will basicly learn about the development policies and practice of global institutions and learn how to carry out their own projects. In the Hungarian-language programme, a greater emphasis is placed on the EU cohesion policies and the operation and practical aspects of national development programs supported by the EU.

Graduates of the International Business Administration programme in both languages have the option of continuing studies of the master level at Hungarian or foreign higher education institutions.

 

Name of  the BA programme: International Business Economics

Level of graduation: baccalaureus, bachelor; in abbreviation: BA

Title of qualification: Economist in International Business

Course language: English

Duration of education: 8 semesters

ECTS value: 180 + 60 credit

Final exam:

  • A complex oral exam embracing professional subjects 
  • An oral exam in the specialisation subjects
  • Thesis defense

Campuses:

Fees:

  • Tuition fee: 1950 Eur/semester (For International Students)
  • Accommodation fee: 500 Eur/semester

 

 

 

Course guide:

Title of the Course

 Crredit 

 Method of assessment

1. semester

Microeconomics

Students will study the fundamental economic laws and dynamics based on knowledge in economics and understand the international-level motivations behind the networks and connections of micro economy. The subject offers preparation to the subjects in applied economics.

5

coll

Economic mathematics I.

Students will acquire basic knowledge of mathematics, mathematical modelling that contribute to the formation of competencies. They will learn about the necessary concepts through examples system, which will help them with the problem definition, creation, and help them to solve the problems of the necessary models. It also offers an introduction to the necessary modelling capabilities using IT support open-source cloud-based problem solving.

5

coll

Computer science I

The student learns the basic principles of word processing and spreadsheets. This will enable the possession of individual tables in the preparation and knowledge of all types of text documents (math, economics, etc.), in accordance with the improvement, modification. It can handle a high level, used in everyday word processing and spreadsheet programs.

2

pract

Business communication and culture

During the subject the student learns the basics of corporate communication, relationships of business communication and basic concepts of communication theory. They are armed with these skills to be able to interpret verbal and non-verbal communication information. Moreover, they will be able to integrate into business organizations, will be able to handle business situations where the etiquette, protocol and knowledge of business communication is necessary. They will be able to develop cooperation within and outside the organization alike, will be able to work in a team, to organize information flow, to process, interpret and transmits business information. They will be able to harmonize individual goals and objectives of the organization's culture.

3

pract

Basics of law

Students will study the most fundamental information about the establishment of the state and the law and the characteristics of various law systems.

3

coll

History of economics

The formulation of present economic processes are fundamentally shaped by past events in the economy. Learning these helps us understand changes that take place in the economy of our day.

The course introduces the main phases in the history of the Hungarian economy from the 18th century to the end of the 20th century. The focus is on fundamental processes that significantly shape the formation of the modern economy, major demographic processes, the transformation of agriculture, industrialisation, the building of infrastructure in Hungary.

2

coll

Philosophy

The overall goal of the course is to provide knowledge for the students about the most important thoughts of the history of philosophy. The direct goal of course is to enable students to become familiar with their own historical identities and to gain insight into the process in which our current general concepts, ideas and values have developed.

2

coll

Sociology

Students will learn about the basic terms, the most important theories and methodology of sociology while gaining an insight into international issues. They will understand the social implications of culture, individual and social interactions, power structures, social institutions and globalization.

2

coll

European Union studies

The aim of the course is to acquaint students with the European idea, the history of European integration, to introduce the phases of integration, the series of enlargement and the birth of the European Union. Students learn the institutions of the European Union, its decision-making processes, public policies. The aim is to offer a general view of the European Union as an institution of integration.

3

coll

Optional course 1

3

pract

PE (physical education) I

-

cri

Foreign language I

-

cri

Sum

Célok

 

 

2. semester

Macroeconomics

The purpose of the subject is to introduce the concepts and methodology elements that support the analysis of the influences of economic policy measures and the understanding of economic events. It also assists the students to understand the system of macro processes, the motivations behind macro processes and the consequences of the activities of macroeconomic actors. The subject offers preparation to the subjects in applied economics.

5

coll

Economic mathematics II.

Students will acquire basic knowledge of mathematics, mathematical modelling that contribute to the formation of competencies. Learn about the necessary concepts through examples system, which will help them with the problem definition, creation, and help them to solve the problems of the necessary models. In probability theory, linear algebra and operations research elements of the acquisition, spreadsheet software application is based on developing competencies during the course.

5

coll

Computer science II

Students will learn about the digital forms of information and the data in computers and external data sources. Computers in networks. Basic software and applications. Basic operation system instructions in the instruction mode and the graphical mode. Internet services and IT security. World Wide Web information sources on the Internet. New services of WEB 2.0. HTML documents as ASCII documents. Static websites, dynamic websites. HTML special characters, major document tags. CSS style. External style forms.

2

pract

Statistics I

The overall goal of the course is to provide knowledge for the students about the most important descriptive statistical methods. Acquire quantitative methods of analysis.

5

pract

Business law

Students will acquire general legal skills and then get an insight into the specific fields of law based on their professional field of education, with a special highlight on company law. The main purpose is to introduce students into the dynamics and logic of economic law regulations.

5

coll

Business ethics

Students gain knowledge that makes their thinking and problem solving skills more systematic and they become more responsible by learning ethnical norms.

3

pract

Psychology, economic psychology

The overall goal of the course is to provide knowledge for the students about the effects of social behaviour on economic processes. To highlight them the strong connection between the social and economic life. The students understand that the different mode of the social behaviour can influence the economic life. And reverse the economic actors and their decision making in the business life can also influence for example the consumption habits. The students get knowledge about the most important concepts of economic psychology. The student are able to understand the impacts of social behaviour on economic life.

2

coll

Optional course 2

Célok

3

pract

PE (physical education) II

Célok

-

cri

Foreign language II

Célok

-

cri

Sum

Célok

 

 

3. semester

Statistics II

The main goal of the course is providing knowledge for students about the theory of sampling. Sampling procedures and some of their typical practical applications. Point and interval estimation of the main characteristics of the population in different sampling modes. The purpose and the thought of the hypothesis. The most important parametric and nonparametric probes. Practical application of time series analysis.

3

pract

Business economics

The overall goal of the course is to provide knowledge for the students about the company development, international relationships and networks, the social and regional environment of the companies. The course also deals with the issues of corporate management. The course goal is to analyse the corporate management in a global and international context.

5

coll

Basics of Accountancy

Presentation of basic accounting concepts and accounting basics and transfer of basic knowledge of each financial statement item.

The student knows and understands the purpose and philosophy of the Accounting Law, the structure and scope, tasks, areas, requirements of the Accounting Act, accounting principles, reporting obligations and the obligation to book management, the interpretation of economic events and their accounting.

5

coll

Banking and Finance (Macro finance process)

The main learning objective of this subject is to give a broad overview on the financial phenomena of the whole economy and especially its financial sector. The subject describes the operation of the financial markets, the circulation of money in the economy, the working of fiscal and monetary policy. The students will be able to understand the main financial process of the economy.

5

coll

Marketing

The student gets hold of knowledge, which they can read in the marketing concept of system interfaces with other disciplines and marketing content management. Oversee the purchase decision process and the factors influencing consumer behaviour. The students know and can evaluate a variety of marketing tools, the connections between the devices. It is able to distinguish between the types of marketing organizations, the interpretation of the main strategic marketing guidelines and evaluate marketing performance and control methods applied.

3

pract

International marketing

The course focuses on the interpretation of the world economic environment in a marketing aspect. It also focuses on the assets of the international marketing and on their evaluation based on practical usage. The students transplant the gained marketing knowledge into international environment. The development of marketing knowledge related to the course into skills is supported by the independent and joint elaboration of caseworks based on international business practices. The course pay attention to emphasizing the characteristics of international marketing and to compare the marketing processes of companies with different culture.

3

pract

International economics

Students acquire the basic notion-system, the theory and the methodology of international economics.

They get knowledge about the international trade, the notion and measuring of comparative advantages. Students also acquire knowledge regarding the main instruments of regulation of foreign trade, the microeconomic and macroeconomic approaches of international trade. They will know the specialities of market economy which are important in the international economic relations.

Students receive a comprehensive knowledge about the international monetary system and the field of policy of economics. They will be able to evaluate the changes which occur in the international economic processes and will be able to sketch theoretic solutions.

3

coll

Global economic processes

The main goal of the course is to strengthen the professional knowledge of the students about the economic and social processes of the world economic regions. Other goal of the course is to introduce the comparison of the regions of the world, make the students understand the differences and similarities, and introduce the international interdependence and the changes of the world economy.

3

coll

Foreign language III

-

cri

Sum

 

 

4. semester

Introduction to regional economics

Students acquire knowledge about the subject, elements, methods and institutions of regional science. They will be able to consider the spacial situation of the economic activities and the main influencing factors. They will also be able to pay attention to the changed role of space and time as well as their effects on the economic processes Students will be able to evaluate the reasons of regional development through both microeconomic and macroeconomic approach. They will be able to interpret and evaluate the problems of land use of businesses, households, as well as the main issues of urban economics.

4

coll

Market analysis and development

The role of market research is essential in the dynamically changing market environment. The course introduces the significance of market research, its assets, methods and influencing factors. Introduces the effects of the markets’ macro-environmental factors (demographic, economic, environmental, technological, political-legal, social) on different markets. Also introduces the differences between the consumer and business (B2C and B2B) markets, and the differences of purchasing behaviour on the specific types of markets.

5

pract

Project and team management

The main goal of the course is to introduce the basic theories, methods and practical implementation fields of project management and human resource team management.

The course focuses on the main knowledge of project management theories, introduces the different types of management methods of project planning and implementation process. Complementing project management theories, the course also introduces the basics of human resource team management and combining it with project management organizational knowledge.

During the seminars, students can practice theoretical knowledge during the implementation of a real project and several project tasks.

3

pract

Leadership and organization

During the course the student learns about the basic concepts of leadership and organization and its different levels. They will be able to determine the steps in the process of organizing work, they will be able to identify mistakes and will be able to suggest ways of solving them. Students will learn and be able to evaluate the characteristics of the different forms of organization, and classify the advantages and disadvantages, and will be able to make a decision in organizational matters. They will be able to stand up as a leader, and to interpret and apply modern management trends and techniques.

2

pract

Foreign economic politics 

The aim of the subject that the students will gain knowledge on the international trade policy and the international environment and its changes influences by different factors in the 21st century. The outstanding points of the course are the main flows of the international circumstances, the globalisation and regionalism, the openness of the world economy and protectionism, and the current issues of this decade. The main question of the course: how the countries could develop their international economic strategy and develop their foreign market policy within the multilateral and bilateral cooperation and agreements and in regional integration. The main types of international economic policies, and the practises by countries considered economic potential of large and small countries, and the emerging countries.

4

coll

European Union common politics

The aims of the subject – based on the pre-course of EU studies – to extend and deepen the knowledge of the European integration by the EU’s common policies, and their process of decision-making at EU level. Different policies will be introduced according to their principles, aims, measures and institutions involved in decisions making and implementation of the common cooperation. Both internal and external policies will be introduces and analysed. 

5

coll

World economic regions – Asia

The course aims to provide knowledge for the students about one of the most powerful central regions of the world: Asia. The course gives knowledge about the particular Asian states, including the history, economic geography and regions of the states. The course analyse the economic roles and weight of the different countries (e.g. China, Japan, India) in the world economy.

4

coll

Optional course 3

3

pract

Foreign language IV

-

cri

Sum

 

 

5. semester

Intercultural management

(...)

4

coll

Public management

The main goal of the course is to introduce the basic theories and methods in public management. The course focuses on the main knowledge of public management theories, introduces the different types of management models and methods and implementation process.

During the public management course students will be introduced to the planning, services and the arrangement of socially organized joint tasks.

3

pract

International finance and transactions

The subject divided into two parts: it combines the basic theory of international finance with the practical knowledge of international financial transaction related (limited) mainly to international trade transactions (both export and import). Students learn the definitions, international system and its main global institutions of international finance, their main markets, financial methods and the related international regulations. Combining the theoretical part and the practical aspects of international finance and international financial transactions the students would better understand the real transaction and the international financing methods interactions, the risks of financial means and methods chosen for delivering goods e.g.. The students learn the main forms, types of foreign trade, the main actors of trade transactions and the cross border financing with the help of real examples and case studies of foreign trade practices during seminars. 

4

pract

International commercial, financial and economic organizations

The aim of the subject to give introduction to the development of international economic relations and the mechanism of main international organisations. In the complex global world the multilateral co-operations and their institutions gave gained important roles. The main functions of the international organisations to facilitate the cooperation on the relevant professional area, to give floor for the member states to adjust their interests and handle their conflicts. In this subject the focus will be on the main international economic and financial institutions – global and international regional institutions – among the U.N. (economic development roles and other organisations).

5

coll

International development policies

The aim of this subject to give a comprehensive overview on Sustainable Development Goals (SDG) set by the U.N. which influence and orient the development plans by 2030 (strategic, operational programmes, projects) and will be supported by donor global or regional organisations, and  by developed countries individually. From the SDG for Agenda 2030 this course deals with the economic development and its public financing, analysing and assessing the aid programmes of the past development decades. In accordance with the global strategic plan for development done by the U.N., both the U.S and the EU also launch their own programmes and give financial support for the implementation. The economic growth of developing countries can be enhanced externally via aid programmes and aid for trade as well, which will be compered from their efficiencies. Students will be familiar with the different level of development by revealing their country’s strategic plan, the best operational programmes and projects at community’s level.

6

coll

World economic regions - Africa

The overall goal of the course is to provide knowledge for the students about one of the biggest and most populous continent of the world: Africa. To give them knowledge about the particular African history and its consequences on the current African economic and social development. The course also deals with the African economic and social development in a global context.

4

coll

Foreign professional language I.

The objective of the course is to enable students who have interdisciplinary knowledge attuned to the labour market to gain English proficiency in the topics of business life, thus making them well- prepared to understand real economic, business processes and to offer solutions related to them.

We prepare students to be able to use the English language as a working tool on an international level, in various fields of the economy.

3

pract

Opctional Course 4

3

pract

Sum

 

 

6. semester

Environmental economics

The main goal of the course is providing knowledge for students that enables them to understand the essence of environmental economics and their practical issues.  The course is focusing on the analysis of the environmental issues on global, European and Hungarian aspects as well.

3

pract

International negotiation techniques and strategies

In the knowledge of the rules and connections governing negotiating techniques and the rules of international protocol, students are able to negotiate successfully in various situations and are also able, if needed, to handle conflict situations.

4

pract

Organizing and management of international events

(...)

4

pract

International etiquette and protocol 

The student learns the rules of Hungarian and international social contact, the patterns of interaction and behaviour by the use of the written rules of etiquette and protocol and the unwritten rules of manners. The student becomes proficient in the proper, norm-abiding behaviour in the making and maintenance of and prepares for tasks related to international relations. 

3

pract

Methodology of International development policies

The aim of this subject to introduce the methodology of planning and management, financing, monitoring etc. as all these are required by international organisations support development programmes and projects from public resources. The Project Cycle Management (PCM) is the bulk part of the subject both theoretically and practically as students will apply their knowledge and methods to elaborate one project. Public procurement (contracting procedure) is also integrated into this subject as the regular way of using public funds. The main aims and contracting procedures will be also introduced on the EU regulation. The students will be familiar of project development and management applying PCM methods in working out of one concrete project in a team. 

6

coll

World economic regions – America

The overall goal of the course is to provide knowledge for the students about one of the most powerful continent of the world: America. The course also gives them knowledge about the particular American history including the regional differences (South American and the United States). The course discussed separately the economic social and historical development and specificities of South-America, Central America the United States, and Canada as well. The course analyse the economic roles and weight of the different American countries (for example Brazil, United States, Mexico) in the world economy.

4

coll

Foreign professional language II

3

pract

Sum

 

 

7. semester

Professional practice (abroad)

30

cri

8. semester    

Professional practice (in Hungary)

20

cri

Final thesis

10

cri

List of Optional Courses

Stuggle against money laundering

Students will learn about the concept and practices of money laundering. They will also gain an insight into the regulations of various states including countries in Europe and America to fight money laundering.

3

pract

Finance II. (Corporate finance)

The subject develops theoretical and practical framework for understanding and analysing major financial problems of modern company in market environment. The course covers basic models of valuation of corporate assets and capital, including the concept of present value, the opportunity cost of capital, discounted cash flow analysis, a consortium of valuation techniques, risk and return, capital asset pricing model, capital budgeting, corporate capital structure and financing decisions, dividend policy. It provides necessary knowledge in evaluating different management decisions and its influence on corporate performance and value. The subject is based on case studies, and the learning targets are achieved by solving several practice-oriented examples.

3

pract

Theory and techniques of argumentation

(...)

3

pract

Business security

Students will learn about the nature of crime, its causes, prevention tools and methods through the perspective of criminology. They will acquire information about the various types of activities violating the economic order, the criminal characteristics of economic crime and the legal tools and methods of economic crime prevention.

3

pract

Career building

The student learns the way of and possibility for career building successfully as well as the marketing type of job search. Participants of the course will be able to estimate and apply the combination of skills, personal traits and professional knowledge. Students will be enabled to write a high-quality CV by learning special skills and will be prepared for an oral job interview situation. Equipped with all this knowledge, students will be able to find hard-to-find job opportunities as crucial bases for career building.

3

pract

Introduction to logistics

Logistics is a system approach helping the development of production and service offering and focusing on the practical and theoretical questions of these sunóbjects. Logistics emphasizes the importance of the additional activities of production and services for the proactical experts.

The main goal of the course os to teach this overally approach for the sutdents (about transportation, shipment assets, sipply management). It aslo aims to make the students understand the basics of logistic methods (e.g. product distribution planning), specific fields of logistics (storage, material handling, packaging, etc.).

3

pract

Basics of quality management

(...)

3

pract

Innovation management

The main goal of the course is to widen the knowledge of the students about the basics of innovation. During the course we emphasize the international aspect of innovation and its process.

3

pract

Strategic management

The students get to know strategic modells, the tools of strategic planning and the concept of strategic management. Based on that they will be able to use the comprehensive approach in selection the appropriate goals of the firm. They will be able to evaluate the organisational structure and to decide the directions of development of the organisation.  They will have practical knowledge about strategic controlling, monitoring and incentive systems as well.

3

pract

Media economics

Students will be able to explore and understand the facts behind the operation of the media market, to identify market mechanisms and market actors and define their characteristics. They will learn how to emerge on the media market as a market actor, especially as a consumer but also as a potential manager of a producer. They will be able to manage and control the processes on the media market smoothly, based on their knowledge acquired in the economy of the media.

3

pract

Economic aspects of corruption

The aim of the subject to give a comprehensive knowledge about the phenomena of corruption and political and economic interactions of bribery and harmful effects on economy and society. The main issues of this subject: definition, typology of corruption, causes, fight against destructive effects of corruption at national and international levels. The Conventions of international organisations, actions, results of the joint struggle against corruption.

3

pract

Customs union and customs policy

The aims of the course to introduce the EU as customs union: EU as one customs territory, inside in the internal market the free movements of goods and services are guaranteed and with the non-EU countries common customs policy is applied. The students learn the EU’s customs policy’s aims, main measures and institutions. They understand the relations between the EU regulations and the related national regulations.

3

pract

Security policy

The students get to know the different interpretations, dimensions and fields of scientific investigation of security. They will be familiar with common security and defence policy of the EU, also the practice of cooperation on field of internal and legal issues.  They will also be familiar with changes of security policy of Hungary during the last two decades. They will be able to understand the security challenges, conflicts and international efforts against wars. The students will have their own view on asymmetric warfare, problems of terrorism and activity of international organisations acting against security challenges.

3

pract

Students Scientific Conference

The aim of this optional course (as extra curriculum activities) is to motivate students to participate in scientific research either in a group or run it individually. The Research Centre of our College provides a good formal structure to organise research teams of students and orientate their work professionally. Individual students’ research supported by the College professors. 

3

pract

 

 

 

 

Legend:

Method of assessment:

coll - Collocvium (exam grade)

pract - Practical grade

cri - Criterion subject