Business Development master course

Effective date: 2018/2019 school year

1. Name of the Master Course:

a) In English: Business Development
b) In Hungarian: vállalkozásfejlesztés mesterképzési szak

2. Qualification of the course and title in the Diploma:

a) Qualification: Master in Business Development
b) Title: certified economist
c) The title in English: Economist in Business Development

3. Field of training

Economic sciences

4. Objectives of the master course

Providing the students with an up-to-date, competitive and high-quality degree, which is competitive on the national as well as the international labour market. Holders of such a degree are able to analyse the activities of an economic organization and can tackle complex development programs. Because of their mastery of innovation and economics, theoretical and methodical knowledge, consciously developed leadership skills and abilities they are capable of performing middle- and top-level managerial tasks. After graduating from the Master’s, students can opt to continue with their studies by applying to enter a Ph.D. program.

5. Duration of training

Full-time: 4 semesters, 1400 contact hours
Correspondence course: 4 semesters, 375 contact hours

6. Credit requirements

Economic and Social Sciences (25-35credits)	29 credit points
Business Development (35-45)	42 credit points
Relevant special skills/knowledge (25-35 credits)	34 credit points
Final thesis	15 credit points
Total:	120 credit points

7. Required language skills and linguistic training
Language criteria for the MSc: graduates should either pass a state accredited intermediate English (B2) level language examination, or an adequate graduation language examination or certificate of the same value.

8. Training methods:

a)Full time

9. Means of valuation

a) midterm mark (m): grade acquired during the semester based on assessments in academic and practical subjects
b) exam mark (e): in which case the grade can be given either by the result of the exam itself or by the combination of the exam’s result and the performance during the semester. In the latter case the grade is determined at least 50% by the exam’s result and not more than 50% of the assessments during the semester.
c) final exam (fe)

10. Conditions of admission for the final exam

a) fulfilling the requirements of the curriculum and obtaining the final certificate (absolutorium)
b) thesis accepted by the two reviewers

The condition of being admitted for the final exam is obtaining the absolutorium. The pre-degree certificate is issued to a student who has met the course and examination requirements specified in the curriculum, has completed the required professional practice and has obtained the required credits – with the exception of preparing the thesis and satisfying the language criterion. The student can be admitted to the final exam only after obtaining his/her absolutorium. The final exam may be taken during the examination period after the absolutorium, or within two years after the student status has ended in any exam periods obeying the regulations of the actual period. After the fifth year of the termination of the student status the final exam cannot be obtained.

11. Phases of the final exam

The final exam comprises of the defence of the thesis and oral exams specified in the curriculum (with preparation times at least 30 minutes per exam), which have to be taken on the same day. The student has to be able to prove the preparedness to use the knowledge obtained during his/her studies. The complex exam contains the following subjects: Managerial Economics, Accounting and Controlling, Practice of Organizational Development, Corporate Strategy, Production and Innovation Management, Financial analysis.

12. Result of the final exam

The overall result of the final examination is based on the average of the grade obtained for the thesis and that attained by the oral exam on the subjects of the final exam:
F = (Th + S1+S2+…+Sm)/(1+m).

13. Conditions of issuing a diploma

Successful final exam

14. Validation

The present document applies from September 2018 and should be used in a phasing-out system.

15. Resources and documents of the curriculum

a) 18/2016. (VIII.5.) Ministry of Human Resources directive (as of October 17, 2016): 14. Business Development MSc specialization (in Hungarian)
b) Obuda University Study and Examination Regulations (Based on the Hungarian version of 2016. June 28. version 4.)