{"id":180,"date":"2019-10-14T10:26:17","date_gmt":"2019-10-14T10:26:17","guid":{"rendered":"https:\/\/www.gtk.bme.hu\/eng\/for-students\/master-programmes\/master-in-finance\/"},"modified":"2025-03-12T14:46:06","modified_gmt":"2025-03-12T14:46:06","slug":"master-in-finance","status":"publish","type":"page","link":"https:\/\/www.gtk.bme.hu\/en\/for-students\/master-programmes\/master-in-finance\/","title":{"rendered":"Master in Finance"},"content":{"rendered":"

[vc_section full_width=”stretch_row” content_placement=”middle” parallax=”content-moving” parallax_image=”782″ disable_element=”yes” el_class=”main-paralax”][vc_row][vc_column][vc_column_text el_class=”bg-black”][\/vc_column_text][\/vc_column][\/vc_row][\/vc_section][vc_row][vc_column width=”2\/3″][vc_column_text]<\/p>\n

Master in Finance<\/h1>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/3″][vc_single_image image=”4900″ img_size=”large” alignment=”center” onclick=”custom_link” img_link_target=”_blank” link=”https:\/\/www.efmdglobal.org\/accreditations-assessments\/business-schools\/efmd-accredited\/”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n

Basic information<\/strong><\/h4>\n

Level of Studies: MSc<\/p>\n

Mode of Study: Full-time<\/p>\n

Qualification: Economist in Finance<\/p>\n

Form of Finance: State Scholarship \/ Fee-paying<\/p>\n

Duration of the Programme: 4 semesters<\/p>\n

 <\/p>\n

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 analyzing 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.<\/p>\n

Our programme is accredited by the Global Association of Risk Professionals (GARP<\/a>, the FRM certification provider) and by CFA Institute<\/a> (the CFA certification provider) as well. This feature of our training is unique in the Hungarian higher education market, and it is also rare in an international setting.<\/p>\n

In addition, the MSc in Finance programme successfully obtained the <\/span>EFMD Programme Accreditation<\/span><\/a> in March 2025, which internationally confirms the outstanding quality of our programmes. The <\/span>EFMD Programme Accreditation<\/span><\/a> 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\u2019s 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\u2019s reputation, and highlighting its dedication to high-quality business education in the global academic landscape.<\/span><\/p>\n

 <\/p>\n

Course Guide<\/strong>
\nFor course guide and programme plan open: Master in Finance Course Guide<\/a><\/p>\n

 <\/p>\n

Thesis Topics for Finance Master Programme
\n<\/strong>Thesis Topics suggested by the Department of Finance: Topics for Academic Year 2023\/24<\/a><\/p>\n

 <\/p>\n

Course Checklist<\/strong>
\n7NAM03 course checklist<\/a>[\/vc_column_text][\/vc_column][\/vc_row][vc_row disable_element=”yes”][vc_column][vc_column_text]Programme Plan of Master in Finance<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Name of Course Unit<\/strong><\/td>\nType<\/strong><\/td>\nFC<\/strong><\/td>\n1.<\/strong><\/td>\n2.<\/strong><\/td>\n3.<\/strong><\/td>\n4.<\/strong><\/td>\n<\/tr>\n
Semester 1<\/strong><\/td>\n<\/tr>\n
Economics<\/td>\nC<\/td>\n<\/td>\n2\/t\/3<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Quantitative Methods<\/td>\nC<\/td>\n<\/td>\n4\/t\/5<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Accounting<\/td>\nC<\/td>\n<\/td>\n4\/e\/5<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Investments<\/td>\nC<\/td>\nFC<\/td>\n2\/t\/3<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Introduction to Financial Mathematics<\/td>\nC<\/td>\n<\/td>\n4\/t\/5<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Foundations of Risk Management<\/td>\nC<\/td>\nFC<\/td>\n4\/e\/5<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Corporate Law<\/td>\nC<\/td>\n<\/td>\n2\/t\/3<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Intensive Seminar<\/td>\nC<\/td>\n<\/td>\n2\/s\/4<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Semester 2<\/strong><\/td>\n<\/tr>\n
Data Analytics<\/td>\nC<\/td>\n<\/td>\n<\/td>\n2\/e\/3<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Management Controlling<\/td>\nC<\/td>\n<\/td>\n<\/td>\n4\/t\/5<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Economic History<\/td>\nC<\/td>\n<\/td>\n<\/td>\n2\/e\/3<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Corporate Finance<\/td>\nC<\/td>\nFC<\/td>\n<\/td>\n4\/t\/5<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Macro Finance<\/td>\nC<\/td>\nFC<\/td>\n\u00a0<\/em><\/td>\n2\/e\/3<\/td>\n\u00a0<\/em><\/td>\n<\/td>\n<\/tr>\n
Pricing and Price Forecasting<\/td>\nC<\/td>\n<\/td>\n<\/td>\n4\/t\/5<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Innovation and Green Finance<\/td>\nC<\/td>\n<\/td>\n<\/td>\n2\/e\/3<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Semester 3<\/strong><\/td>\n<\/tr>\n
Valuation of Enterprises<\/td>\nC<\/td>\nFC<\/td>\n<\/td>\n<\/td>\n4\/t\/5<\/td>\n<\/td>\n<\/tr>\n
Environmental Management Systems<\/td>\nC<\/td>\n<\/td>\n<\/td>\n<\/td>\n4\/e\/5<\/td>\n<\/td>\n<\/tr>\n
Organisational Behavior<\/td>\nC<\/td>\n<\/td>\n<\/td>\n<\/td>\n4\/e\/5<\/td>\n<\/td>\n<\/tr>\n
Fixed Income and Management of Market Risk<\/td>\nC<\/td>\nFC<\/td>\n<\/td>\n<\/td>\n4\/t\/5<\/td>\n<\/td>\n<\/tr>\n
Credit and Operational Risk Management<\/td>\nC<\/td>\nFC<\/td>\n<\/td>\n<\/td>\n4\/e\/5<\/td>\n<\/td>\n<\/tr>\n
Management Information Systems<\/td>\nC<\/td>\n<\/td>\n<\/td>\n<\/td>\n2\/t\/3<\/td>\n<\/td>\n<\/tr>\n
Elective Course Unit 1.<\/td>\nE<\/td>\n<\/td>\n<\/td>\n<\/td>\n2\/t\/3<\/td>\n\u00a0<\/em><\/td>\n<\/tr>\n
Semester 4<\/strong><\/td>\n<\/tr>\n
Analysis of Production and Operation Decisions<\/td>\nC<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4\/e\/5<\/td>\n<\/tr>\n
Elective Course Unit 2.<\/td>\nE<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Thesis<\/td>\nC<\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n12\/t\/15<\/td>\n<\/tr>\n
Specialisation in Risk Management (2 courses should be selected from the list)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/em><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Investment Management Risk Measurement<\/td>\nCE<\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Banking<\/td>\nCE<\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Insurance<\/td>\nCE<\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Financial and Business Ethics<\/td>\nCE<\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Specialisation in Financial Analysis (2 courses should be selected from the list)<\/em><\/td>\n<\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n<\/td>\n<\/tr>\n
Portfolio Management, Alternative Investments<\/p>\n

and Personal Finance<\/td>\n

CE<\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
International Finance<\/td>\nCE<\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Derivatives and Real Options<\/td>\nCE<\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Financial and Business Ethics<\/td>\nCE<\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n2\/t\/3<\/td>\n<\/tr>\n
Total<\/strong><\/td>\n\u00a0<\/strong><\/td>\n\u00a0<\/strong><\/td>\n24\/33<\/strong><\/td>\n20\/27<\/strong><\/td>\n22\/31<\/strong><\/td>\n22\/29<\/strong><\/td>\n<\/tr>\n
\u00a0<\/strong><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n<\/tr>\n
Language Courses (refer to separate documentation)<\/td>\nE<\/td>\n4\/t\/0<\/td>\n4\/t\/0<\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n\u00a0<\/em><\/strong><\/td>\n<\/tr>\n
Physical Education and Sports (refer to separate documentation)<\/td>\nE<\/td>\n2\/s\/0<\/td>\n2\/s\/0<\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n\u00a0<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Abbreviations:
\nC: <\/strong>Compulsory (Core) Unit
\nCE<\/strong>: Compulsory Elective Unit (students may choose units from a pre-selected list)
\nE<\/strong>: Elective Unit (students may choose course units from the entire university portfolio)
\nFC<\/strong>: Final Examination Course Unit<\/p>\n

Assesment Type:<\/strong>
\ne<\/strong>: examination
\nt<\/strong>: mid-term grade
\ns<\/strong>: signature<\/p>\n

E.g.: Quantitative Methods – C 4\/e\/5<\/strong>
\nCompulsory (core Unit), 4 contact hours per week, performance assessed by means of examination, totalling 5 ECTS credits[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_section full_width=”stretch_row” content_placement=”middle” parallax=”content-moving” parallax_image=”782″ disable_element=”yes” el_class=”main-paralax”][vc_row][vc_column][vc_column_text el_class=”bg-black”][\/vc_column_text][\/vc_column][\/vc_row][\/vc_section][vc_row][vc_column width=”2\/3″][vc_column_text] Master in Finance [\/vc_column_text][\/vc_column][vc_column width=”1\/3″][vc_single_image image=”4900″ img_size=”large” alignment=”center” onclick=”custom_link” img_link_target=”_blank” link=”https:\/\/www.efmdglobal.org\/accreditations-assessments\/business-schools\/efmd-accredited\/”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text] Basic information Level of Studies: MSc [\u2026]<\/span><\/p>\n","protected":false},"author":6,"featured_media":0,"parent":166,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"pgc_sgb_lightbox_settings":"","inline_featured_image":false},"_links":{"self":[{"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/pages\/180"}],"collection":[{"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/comments?post=180"}],"version-history":[{"count":41,"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/pages\/180\/revisions"}],"predecessor-version":[{"id":4908,"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/pages\/180\/revisions\/4908"}],"up":[{"embeddable":true,"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/pages\/166"}],"wp:attachment":[{"href":"https:\/\/www.gtk.bme.hu\/en\/wp-json\/wp\/v2\/media?parent=180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}