International Business School, Budapest
Hungary - Austria - United Kingdom
One-year Master of Business Administration
IBS is an attractive place to learn and teach because of its collaborative culture – a blend of academic rigor, cooperative teamwork, entrepreneurship, diversity and continuous innovation. Thanks to its highly practical and student-focused approach IBS attracts students from over 100 countries. Our academic staff are high-calibre, highly respected lecturers who have a background in business or industry and can offer not only excellent academic support but also networking opportunities.
IBS and/or its programmes are not only accredited in Hungary, but in the EU (European Council for Business Education), UK (Quality Assurance Agency) and the USA (Accreditation Council for Business Schools) as well.
The MBA programme explores and develops all areas of corporate management, with a strong emphasis on the most in-demand skills in business: analytical skills, data management, business intelligence and a wide array of soft skills. The IBS MBA experience is a one-year full-time programme, designed for professionals with 3 to 5 years of work experience.
Our programme first focuses on ‘core skills,’ i.e. the necessary competencies to communicate and collaborate with other stakeholders, to acquire solid organizational, project management and up-to-date financial and analytical skills. The second part of the programme focuses on ‘functional skills,’ i.e. advanced skills for managing roles in corporate organisations, including data management and business intelligence, customer relationship management and strategic decision-making skills. The programme concludes with a capstone project assessing your newly acquired business acumen and business intelligence skills.
Type of Course:
• One-year Full-time MBA
• One-year Full-time MBA: September 2019
Length of Course:
• Full Time: 12 months
Application Deadlines: 31 May 2019
Student Body on other MSc programmes as MBA is a new programme:
Ratio of applicants to places: 4:1
Number of nationalities: 42
Percentage of international students: 74%
- Africa 9%
- Asia 29%
- Eastern Europe 16 %
- Middle East 3%
- North America 1%
- Central and South America 3%
- Australia and New Zealand 1%
Men/Women Ratio: 55:45
Age Range: 20-53
Average Age: 26
Length of Work Experience:
Application fee: none
Tuition fees: EUR 12,400 /programme to be paid in 2 instalments
Registration fee for non-EU citizens to be paid with the first instalment: EUR 900
MBA scholarship: 25% discount from the tuition fee with GMAT (at least 650)
Estimate for accommodation/living costs, insurance:
Accommodation in Budapest: EUR 300-500/month
Living Costs: EUR 300-400/month
Health insurance: appr. EUR 270/12 months
"At IBS the lecturer doesn't just talk about a topic and gives a lecture, classes are very interactive, which means that you really need to participate."
Johanna Pfeiffer, Germany, MSc student
"It's a practical programme. We have a lot of assignments and we have to do a lot of research, but we get a lot of support from everybody. Great staff, great professors."
Pedro Delgado Cara D'Anjo, Portugal, MSc student
"IBS professors have real business background. They have the real experience, that’s the most important."
Seyedmojtaba Zareie, Iran, BSc and MSc student
“We not only talk about multiculturalism but we experience it.”
Fruzsina Selmeczi, MSc student, Hungary
“The education system at IBS is more intellectual and enjoyable than what I am used to. Also the tuition fee and living costs in Budapest is much cheaper than other places in Europe.”
Fahad Abdul Rehman, Pakistan, MSc student