Master in Finance

The goal of our programme is to educate economic professionals to have a global competitive edge in finance, in particular in financial analysis and risk management. Our graduate students are capable of complex and independent financial thinking, managing and analysing the financial processes of the economy both at the macro and micro level. The main focus of our programme is to provide a high level of professional standards in investment analysis, portfolio management, corporate and bank treasury and risk management.

For the above-mentioned purposes, we have been striving to cover the requirements of the international Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) in the development of the course structure and curricula. As a consequence, our students upon graduation will also have the knowledge to successfully pass CFA / FRM exams. This feature of our training is unique in the Hungarian higher education market, and it is also rare in an international setting.

Our program is accredited by the Global Association of Risk Professionals (GARP, the FRM certification provider) and by CFA Institute (the CFA certification provider) as well.

In addition, the MSc in Finance programme successfully obtained the EFMD Programme Accreditation in March 2025, which internationally confirms the outstanding quality of our programmes. The EFMD Programme Accreditation is a globally recognized quality assurance system that conducts a comprehensive evaluation of business and management education programmes. The purpose of the accreditation is to assess the quality of programmes in key areas such as curriculum design, teaching methods, student assessment, and quality assurance processes. This recognition affirms the institution’s commitment to excellence and innovation in business education, promotes continuous development, and ensures compliance with international standards. Accreditation enhances the international visibility and competitiveness of participating programmes while fostering closer collaboration with industry stakeholders. The EFMD Accreditation serves as a mark of academic excellence, attracting talented students, strengthening the institution’s reputation, and highlighting its dedication to high-quality business education in the global academic landscape.

Basic information

Programme Director: Dr. András Bethlendi

Level of Studies: MSc

Mode of Studies: Full-time

Qualification: Economist in Finance

Duration of the Programme: 4 semesters

Language of Instruction: English

Application period:
For the Fall semester of 2025/2026 academic year: 1 April 2025 – 31 May 2025

Tuition Fee

 

Admission criteria

 

Here you can read the general conditions of admission into the master programme in Finance.


Degree accepted for admittance into the Master in Finance:

BSc in Finance and Accounting or Business Administration and Management with complete credit value.


Other Degrees

Other degrees can also be considered with completion of a minimum of 60 ECTS credits from the following areas:

    • 15 ECTS credits from quantitative foundations (mathematics, statistics, informatics)
    • 10 ECTS credits of economics (micro and macroeconomics, international economics, environmental economics, economics theory, economics statistics, economics theory, economic modelling, economic policy, sectoral and functional economics, international economy, European economy, public policy);
    • 10 ECTS credits of business basics (corporate economics, accounting, controlling human resources, business law, marketing, management and organization, value creation processes, decision theory and methodology, business ethics, strategic planning, business communication);
    • 10 ECTS credits from the basics of social sciences (European Union, general and business law, economic history, sociology, psychology, philosophy);
    • 15 ECTS credits of financial knowledge (finance, money and capital market, banking, financial policy, taxation, corporate finance, corporate valuation).

Applicants, with other degrees, can be admitted with 30 ECTS from the above listed disciplines on the condition that they collect the remaining 30 ECTS during the first year of their studies.

As part of the admission procedure, the Credit Transfer Committee  examines whether the applicant has the pre-study credit value as defined above and in the regulations (Act LXXX of 1993 on Higher Education).


Grade Point Average
Minimum GPA of accepted credits is on the middle of the scale.


Foreign Language Requirements

English language skills at B2 level, proven by one of the following internationally recognised certificates:
IELTS min. 5.0, Cambridge B2 First (FCE) min. 160, TOEFL iBT min. 72, Trinity Integrated Skills In English (ISE) min. ISE II, TOEIC Listening min. 400 / Reading min. 385, TOEIC Speaking min. 160 / Writing min. 150, Pearson Academic (PTE) min. 29, OR: a Medium of Instruction Certificate.

 

For more information please contact 

Mrs Krisztina Kardos-Varga, International Study Program Coordinator
e-mail: iso@gtk.bme.hu
phone: +36 1 463 2152

Ms Tamara Demkó, International Study Program Coordinator
e-mail: iso@gtk.bme.hu
phone: +36 1 463 2056

The course guide of the programme is available here:
Master in Finance Course Guide

William May, Global Head of Certifications and Educational Programs - GARP

“GARP is very pleased to announce the addition of Budapest University of Technology & Economics to the GARP Partnership for Risk Education. The Master of Science in Finance degree offered by the Faculty of Economic and Social Sciences is a rigorous program. The curriculum offered is comprehensive in its coverage, and provides its students a solid grounding in mathematics, finance, statistics etc., ensuring they will be well positioned to pursue the FRM designation and to assume strategic roles within the global risk management profession.”