ELTE made history in Hungarian higher education with the establishment and development of the economic science field. As a further significant development in the university's 386-year-old history, ELTE's Senate and the 8 faculties of the university made a unanimous decision on the transformation of the Institute of Business Economics to the Faculty of Economics.
Five years ago, only 1% of ELTE students studied economics. Since then, this rate has changed by 15%. During a short period of time, ELTE has become one of the no. 1 workshops of the economic training field in Hungary. The Doctoral School of Business and Management Administration has also been founded, and ahead of two significant Hungarian universities, the number of MSc students is the highest in the Institute of Business Economics. The performance and results of its BSc students are also among the bests in the country.
The Institute of Business Economics has already been considered as a faculty among the Hungarian universities, and with the forthcoming transformation, it will become one of the ten biggest faculties in the country, as well as the biggest centre of MSc studies.
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