Courses
COURSE SELECTION FOR INCOMING ERASMUS STUDENTS
Probably the most important decision concerns your choice of courses. ELTE GTK offers a wide range of courses in English every semester. The number is currently around 40 but it keeps growing every semester. The list of these English-language courses is shown in the section “Courses on Offer” below. Be careful to choose the table representing the courses of your exchange semester (academic year and spring/autumn semester).
The following information will help you with your choices:
Sending institutions have different requirements for their Erasmus/guest students during their exchange, for example, in terms of the number of credits they have to earn at the host institution. Always consult your home university’s coordinator regarding this.
ELTE GTK recommends that you choose a higher number of courses than your university prescribes as this may be beneficial in the long run. We suggest that you initially aim for around 30 credits. Remember that, on average, 1 credit corresponds to 30 student working hours (in-class and individual, after-class), and our courses are, by default, worth either 6 or 3 credits. The credit value of each course also determines the number of classes offered in them (6-credit courses: 12 lectures, 8 seminars, 3 video lectures, 3-credit courses: 6 lectures, 4 seminars, and 2 video lectures), and the number of midterms students have to take (three midterms in 6-credit courses and two midterms in 3-credit courses). Information on credits and hours per course is available in the Course List and the GTK Brochure below.
Exchange students are not limited in their course selection by having to adhere to a specific year group’s or level’s courses. Instead, they can choose courses from all the courses in their semester, be they bachelor (years 1-4) or even master’s courses. To minimise clashes in the timetable and the midterms, check which courses belong to which year group in the GTK brochure (see below or here) as classes of courses belonging to the same year are ideally scheduled not to clash.
Your preliminary choice of courses is not final. Adjustments to your course selection can be made upon your arrival based on your first impressions with the teachers and the classes. ELTE GTK has a modular (and not a weekly) timetable. If you choose a high(er) number of courses in advance, this may, in a limited number of cases, result in clashes in the modular timetable and even in the midterm schedule. However, typically more than one seminar per subject is offered and students can select the appropriate seminar groups to minimise timetable clashes. Similarly, midterm slots usually offer a flexibility even if several midterms are on the same day. Exact clashes in the exam schedule (date and time) are handled centrally upon the students’ notification sent to the Exam Centre (vizsgakozpont@gtk.elte.hu).
Exchange students whose host faculty is other than ELTE GTK and students nominated to ELTE GTK who wish to study some courses at other faculties, may face more clashes, and different procedures (e.g. regarding class attendance) may also apply at other faculties. One striking difference is that most faculties’ timetables can be checked in Neptun but not that of the Faculty of Economics. Our timetable can only be accessed with an institutional email address/IIG. If you are an exchange student from another faculty, visit the Students from other faculties section to find out what procedures you are asked to follow.
As a rule, Erasmus students can choose courses from other ELTE faculties than their host faculty for a maximum 10 credits. The international course offer is available in Neptun. The courses of the Faculty of Social Sciences and the Faculty of Law may be of particular interest to our students. Remember that their procedures and requirements may differ from those of the Faculty of Economics.
COURSES ON OFFER
The Faculty of Economics’ offer of English-language courses is determined by the semester. Below you will see provisional lists for future semesters (please scroll down for your particular mobility year and semester) on which you can base your course selection. By clicking on the + sign next to the course’s name, a brief description of the course content opens down to help you optimise your courses. The table also contains the following additional information which students are also asked to consider in the process.
Guide to reading the course lists:
- ECTS: The number of credits allocated to a course. (In most cases, it involves both lectures and seminars.) The credit value shown for each course will also help you choose courses that will satisfy the credit requirements set by your home institution.
- HR/W: Weekly workload (hour/week). Please note that all the courses at ELTE GTK are made up of lectures and seminars and attending both ensures optimum learning experience. The numbers in the table refer to the combined number of hours of teaching per course. All courses (and therefore also the timetable) and are modular: 6 ECTS courses run over a longer period during the semester, while 3 ECTS credit courses are concentrated over a period of only a few weeks.
- Level: Some of our courses are offered to bachelor students only, others are offered to both incoming bachelor and master’s students, while some are only available to incoming master’s students. The distinction is clearly marked in the table.
- Preprequisite: For a number of courses prior acquaintance with the knowledge area is required. Familiarity with the given field not only enables students to acquire new information but also to perform better in the given course. The field/course in which earlier studies are expected is marked in the last column. (To determine if you have the expected level of knowledge in a given area, check the short course contents under the appropriate subject names in either the Autumn or Spring Course Lists. If a subject has parts “I” and “II” in the lists, read the description with “I”.) For example, you can find the content of Business Statistics (the prerequisite of Econometrics) in the Spring Semester Course List and of Economics I (Microeconomics) in the Autumn Semester Course List. Familiarity with Microeconomics is required to do well in several other courses.) The courses which require no previous studies in the field welcome all international students including those from other faculties.
Note: The list of courses running in a semester is finalised shortly before the start of the semester. If necessary, adjustments to an exchange/visiting student’s course selection are possible upon arrival.
Course list for the Spring semester 2023/2024
|
COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
| GTI10AN002EN |
This course will cover how regression analysis can be used to identify causal relationships. Much of the presentation will follow a policy evaluation perspective. We will discuss the implicit assumptions underlying each research design, read published papers that implement each design, and will see examples of how to execute each strategy using the freely available statistical software package R.
|
3 | 2 | Bachelor (Master) | Corporate Finance |
| GTI22AN204EN |
This course aims to introduce the main aspects of Human Resource Management (HRM). The course includes the basic systems of HRM, methods, and tools, which the (future) employees meet at a workplace. This knowledge enables participants to enter and cooperate in the world of work successfully. In addition, some attention is given to developing specific personal knowledge, skills, and abilities (KSAs), which can contribute to the employees’ success in organizational settings.
|
3 | 2 | Bachelor | |
| GTI24AN203EN |
Corporate finance discusses the theoretical background of financial decisions of corporations, methods, and tools supporting these decisions, and their applications. Corporate finance class serves as the background for the subjects dealing with the functional areas of corporate finance such as Advanced corporate finance, Investments and financing decisions, Project and corporate valuation). The main purpose of corporate finance decisions is to decide if the change resulting from the decision increase the value of the company and shareholders’ value. During the course, students get familiar with savings (risk and return, time value of money, capital market pricing) and their effects on the methods and costs of raising capital. Students get fundamental knowledge about investment and financing decisions, including net present value calculations, risk analysis, financing techniques, and liquidity management. By the end of the semester, students have a solid understanding of the system of corporate finance decisions, they are able to raise relevant questions and to use their theoretical knowledge to solve corporate problems.
|
6 | 4 | Bachelor | |
| GTI91AN202EN |
Vectors in 2 and 3 dimensions. Coordinates. Equations for lines, planes. Vectors in n-dimensional space.
Matrices. Systems of linear equations, Matrix equations. Determinants and inverse. Eigenvalues and eigenvectors. Basics of probability. Events, their probability. Independence. Conditional probability and Bayes theorem. Random variables and their expected value, variance and standard deviation. Discrete random variables. The binomial distribution. Poisson distribution. Continuous random variables. The cumulative distribution function and probability density functions. Uniform distribution. Normal probability distributions. The central limit theorem (statement only). |
6 | 4 | Bachelor | |
| GTI22AN303EN |
This course is specifically designed for non-law students. Its objective is to demonstrate using examples how rational business decisions are to be made in a legal environment. The operation of the basic legal institutions is discussed in an international, global context.
Legal studies deal with many aspects of our everyday life. What are the unalienable rights of men? What is private property? What should free trade mean? The course enables students to recognize legal problems (not to solve them), to understand the approaches and attitude of lawyers (judges), to be able to read basic legal documents (not to write), to make business decisions, and argue with regard to basic legal aspects, to carry out business negotiations with regard to basic legal aspects. |
6 | 4 | Bachelor (Master) | |
| GTI24AN206EN |
Accounting II applies the International Financial Reporting Standards (IFRS) as a framework for financial accounting. provides special advanced accounting knowledge for students on the accounting treatment of complex transactions that have an impact on the financial position and financial performance of a business entity. Both theoretical and practical aspects of the topics are discussed.
|
3 | 2 | Bachelor (Master) | Accounting |
|
GTI24AN208EN |
This course introduces the foundations of macroeconomics. We start with the basic concepts in macroeconomics and the very notion of economic modelling, endogenous and exogenous variables. After that, we discuss the characteristics of the major macroeconomic indicators (such as the GDP, inflation, and unemployment). We deal with the theories of short-term economic fluctuations in details. We investigate the mechanisms of aggregate demand via the IS-LM models both in closed and open economies. After modelling aggregate demand, we switch to the theories of aggregate supply. We introduce the Phillips curve. We also discuss the interface of economic policy and macroeconomics. In the frame of the latter, we introduce how the different schools of economic policy relate to the toolkits of fiscal and monetary policies. We also present the advantages and disadvantages of rule-based and discretionary decision- making in economic policy. Finally, we discuss the concept of microeconomics-based macroeconomics.
|
6 |
4 |
Bachelor |
|
| GTI22AN404EN |
The primary purpose of the course is to get students acquainted with the basic statistical toolbar and its business applications including the tools and methods of collecting, graphically presenting, describing, measuring, and analysing statistical data. The lessons focus on business statistics, sampling, and descriptive statistics. The course enables students to test hypotheses, and to analyze regression and correlation in practice.
|
6 | 4 | Bachelor | Calculus, Statistics |
|
GTI23AN406EN |
This course offers insight into the basic concepts and schools of economic policy with a special emphasis on some crucial aspects of current national economic policies. The primary goal is to empower students to understand and interpret the national and global economic and social processes. With this end in view, we touch upon a broad spectrum of topics. We introduce the main schools of economic policy such as neoliberalism, the social market economy, the welfare state, Keynesian economic policy, and supply-side economic policy. We discuss economic globalization as an essential part of the responsibilities and available tools of national economic policies in the 21st century. We deal with the two major sub-areas of economic policy, fiscal policy, and monetary policy, and with the institutional environment of economic policy. We present the brief history and the major policy lessons of financial crises in the latest decades. We deal with the great redistributive systems of economic policy: the pension system, health care, education, and local governments. We also introduce the main cycles and critical junctures of the post-socialist economic policies in Hungary and other Central European countries.
|
3 |
2 |
Bachelor (Master) |
|
| GTI24AN418EN |
The subject of taxation and international taxation covers two major topics. The first aim is introduce the theoretical background of taxation, to reveal the basic relationships of tax forms and taxpayers, and to describe the development of the three main tax types. The second aim is to introduce the principles of national and international taxation, the interconnection between them, and to introduce rules and legislation of taxation (scope of directives) of the European Union.
We address the need for state involvement, public finance subsystems, general government revenue, public finance expenditure, and the financing of social systems, including the role of tax as a state revenue in the financing of the budget. In a more detailed discussion of the revenues of the public finances, we provide students with the basic principles of taxation, some fundamental ways of computing the tax liability in the frame of personal income tax, corporate tax, and value added tax. This is related to the description of the structure of the taxation procedure, turnover, and tax compliance in the Hungarian tax system and its administration. In the second major topic, students acquire knowledge of the basic system of international taxation and the systems of tax compliance. |
3 | 2 | Bachelor | Finance, Accounting |
| GTI24AN405EN |
Management accounting is a superpower in your hand if you know how to use it. This field of accounting is much more on the business side, it is a system that uses accounting and other information to support managerial decisions. We learn how to calculate the cost of running the business and how to use cost information in pricing, profitability, and cost management decisions. The course demonstrates how you can prepare a budget that helps you to coordinate and control the operation of the business and also supports performance evaluation.
|
6 | 4 | Bachelor (Master) | Accounting |
| GTI21AN611EN |
The aim of this course is to help students to understand the basic theoretical background for successful negotiation (BATNA, competitive arousal etc.). The course covers these topics not only from a theoretical point of view. The basic aim is to improve the negotiation skills of students, and therefore it includes in-class negotiations and group work on preparing for business negotiations. The course focuses on the strategies and tactics of negotiation, but it also includes some psychological background knowledge on the topics. It also develops the models of adversarial, cooperative, and integrative negotiation structure. Case studies exemplify the usefulness of these models.
|
3 | 2 | Bachelor | |
| GTI92AN819EN |
The course aims to study the structure of firms and markets and their interactions. Instead of idealized models of firms and markets analysed in microeconomics, this course takes a closer, more realistic look, providing practical knowledge and a theoretical framework for analysis and prediction. The study of the industrial organization adds real-world frictions such as limited information, transaction costs, costs of adjusting prices, government actions, and barriers to entry by new firms into a market to the perfectly competitive model. It then considers how firms are organized and how they interact in such a world. The course goes beyond the descriptive traditional structure-conduct-performance approach by using the latest advances in microeconomic theory, including transaction cost analysis, game theory, contestability, and information theory. Specific topics that are covered include the theory of the firm, oligopoly, concentration, barriers to entry, pricing, and auctions, product differentiation and advertising, research and development, mergers, vertical integration, diversification. A successful conclusion of the course will allow students to perform market analyses, and participate in corporate strategy formation and decision making.
|
3 | 2 | Bachelor (Master) | Economics, Basic Knowledge of Calculus |
|
GTI92AN801EN |
This is an introductory course not requiring any previous knowledge. It makes students familiar with essential forms of analysis and explanation used by sociologists, and it gives them conceptual tools for unpacking complex phenomena around them in sociological terms.
|
3 |
2 |
Bachelor |
|
|
GTI92AN802EN |
The course is built on the assumption that cultural anthropology, on one hand, is a discipline that defines itself based on its research subjects (cultures outside of Europe) however, on the other hand, it can be regarded as an approach that is commonly used to analyze various social structures and cultural situations. The aim is to demonstrate the potential application of the cultural anthropological approach in social research; what cultural anthropology can communicate as “unusual” or unique. The objective of the course is to familiarize students with the defining nature of cultural anthropology, its trends, specific methods, and cultural anthropological theories developed in relation to culture in general and its elements, to help students recognize the world’s cultural diversity in order to develop sensitivity toward other cultures, prepare them to be able to identify and understand those.
|
3 |
2 |
Bachelor |
|
|
GTI22AN820EN |
This course is designed for non-law students. This course is designed to show students how international human rights standards and ethical business practices are incorporated into the design, implementation, and evaluation of multi-national business activities, especially in developing countries. It will demonstrate how active cooperation among governments, local organizations, international NGOs, and the international corporations are incentivized in order to maximize political and economic development benefits. Students will examine the role of the United Nations and its human rights processes and other components of international codes of conduct. The course focuses on international documents, cases, explanations, argumentations and interpretations useful for a manager in business decisions. Students are welcome to discuss issues in class. This course is designed for Business Law course students of various nationality or backgrounds.
|
3 |
2 |
Bachelor |
|
| GTI21AN401EN |
The course is designed to provide a fundamental understanding of marketing research methods. Marketing research focuses on helping students recognize the role of systematic information gathering and analysis in making marketing decisions. The topics of this course include problem definition, research design (exploratory, descriptive, and causal), data collection methods, questionnaire design, measurement scales, sampling techniques, and data analysis. Emphasis will be given to both the qualitative and quantitative aspects of marketing research.
|
6 | 4 | Master | Marketing |
| GTI24AN505EN |
International financial management explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into four parts. In the first part, students learn behavioral corporate finance. The second part provides insight into financial assets, clearing and settlement, and the current regulatory issues in the EU. In the third part, students understand different types of risk, and how they are managed by financial intermediaries. The primary goal of the fourth part is to explain operations of currency and derivative markets, including the most prevalent financial instruments (swap, futures, options).
|
6 | 4 | Master | |
| GTI24AN818EN |
Nowadays, companies are using information systems supported by information technology to collect, store, manage, process, and retrieve financial and non-financial data in order to prepare insightful management reports that are used by business analysts, managers, accountants, and C level executives in their operational and strategic decisions. The course introduces students to the foundations of database management systems, the enterprise resource planning (ERP) systems, and the world of business intelligence (BI). If you attend this course, you can learn how to manage ERP selection and implementation projects, how to prepare and present management dashboards with Microsoft Excel and Power BI, and why you need to support your IT projects with BPR (business process reengineering) tools.
|
3 | 2 | Master | |
|
GTI21AN499EN |
The course provides a comprehensive introduction to persuasive communication by looking at various techniques of social influence. In addition to presenting the social science perspective on persuasion and attitude change, the classes focus on classic and contemporary tools used for persuasion, including sequential techniques, self-presentation, wording, emotional app in everyday situations. Numerous examples and case studies of persuasion in action are presented.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI23AN419EN |
This course introduces the main concepts, mechanisms, and fields of international political economy. The course aims to offer a practice-oriented approach by paying special attention not just to the theoretical basis of the individual topics but to the related empirical results and case studies as well.
|
6 |
4 |
Bachelor (Master) |
|
Course list for the Autumn semester 2024/2025
|
COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
|
GTI22AN103EN |
This course gets participants acquainted with the functioning of business organizations, as fundamental units of economy and society. Students will learn about the characteristics of human work in organizations, understand the behavior of leaders and subordinates, peculiarities of group work in work settings as well as design and cultural aspects of an organization as a whole. Applicable management methods and tools with their expected effects will also be covered within the different topics. Students will develop their knowledge, for example, in terms of organizational structure and culture, motivation, leadership, and management theories.
|
6 |
4 |
Bachelor |
|
|
GTI21AN101EN |
The objective is to enable students to understand the impact of marketing orientation on organizational behaviour and to learn about the related tasks and tools. The course gets students acquainted with the core concepts and tools of marketing starting with answering the question ’what is marketing?’ To put it simply, marketing is engaging customers and managing profitable customer relationships, so the aim of marketing is to create value for customers in order to capture value from customers in return. Secondly, the course discusses the steps of the marketing process from understanding customer needs by the methods of gathering information and market research, through designing customer value-driven marketing strategies and integrated marketing programs, building customer relationships to capturing value for the organization. Marketing tools, from product policy to branding, pricing strategies, and sales to marketing communications will be presented. The major trends and forces affecting marketing e.g. trends in digital, mobile, and social media are presented for each topic.
|
6 |
4 |
Bachelor |
|
|
GTI24AN104EN |
The primary objective of the course is to develop the understanding of financial accounting information for decision-making and the discussed case-studies focus on the role of financial accounting in communicating business performance. A specific aim of the course is to develop the participants’ skills in producing and using accounting information in real-life business situations.
|
6 |
4 |
Bachelor |
|
| GTI22AN403EN |
This course is specifically designed to non-law students. It focuses on a concise introduction to the way the law generally operates in business decisions. The method is manifold, it includes historical explanations, institutional descriptions, text, and case analysis as well as comparative approaches.
Wherever we go, whatever we do, we are bound by legal relationships, we enter into dozens of contracts each and every day. A newborn baby has the right to heir, and in the kindergarten many engage in pity trades (exchanges, gifts), years before the legal age, when one has full capacity to manage his own affairs. Lately, rights might be more apparent, nevertheless, duties are equally important and indispensable. The course focuses on contracts and enables students to understand the basic reasoning in legal thinking, the basic concept of properties and contracts, to carry out negotiations, to interpret contractual clauses, to recognize the meaning of special contractual clauses. |
6 | 4 | Bachelor (Master) | |
|
GTI91AN102EN |
Review of elementary functions, their graphs and applications. Linear, quadratic and power functions. The exponential and logarithmic functions. Composition of functions. Mathematical models.
Limits of functions and continuity. The number e. Differential calculus of real-valued functions. The concept of the derivative at a point and its interpretation as rate of change, as slope and as a linear approximation. The derivative functions. Derivatives of the power, exponential and logarithmic functions. Differentiation rules. Applications of the derivative. Increasing and decreasing functions, optimal values. Percentage changes: the logarithmic derivative and elasticity. Functions of several variables. Partial derivatives and local optimum. Level curves, optimum problems with constraints. The definite integral as area. The fundamental theorem of calculus. Indefinite integrals. Improper integrals. Applications of the definite integral to probability. |
6 |
6 |
Bachelor |
|
|
GTI21AN105EN |
The course introduces the students – through lectures and related seminars – to the theories of the relation between individual and the society with special emphasis on social practices in business life. Students get acquainted with the basic elements and procedures of social psychology, famous experiments, ethical implications of actions, and the mechanisms to which humans are necessarily exposed in social situations. The course serves as a basis for several other classes in business and economics.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI24AN107EN |
The primary aim of the course is to get students acquainted with the basic definitions of economics and fundamental relationships in microeconomic context which are important for those professionals who are going to work either in the business sector or in the various social sciences.
The mind of economics and its toolbar can be successfully utilized in various business and social problem-solving situations. This course focuses on the principles of economics and the basic models of microeconomics. The analysis of consumer’s and producer’s decisions is followed by equilibrium and market failure analyses. The course also discusses models dealing with time and uncertainty. In the second part of the semester, a brief overview is provided on the foundations of welfare and political economy. This course is viewed as the grounding course of further optional and advanced courses in various topics of economics. |
3 |
2 |
Bachelor |
|
|
GTI21AN306EN |
The course improves the participants’ argumentative and rational conflict management skills and helps them develop a critical and reflective attitude. We are going to study the central logical, argumentation-theoretic, and rhetorical concepts and apply them to real-life dialogues. We are going to pay special attention to those aspects of argumentation which are particularly important in business settings like negotiation, decision making, and selling.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI24AN309EN |
Have you ever wondered how the stock price of a company is determined? Have you witnessed some recent rallies or plummets in stock prices and feel you might have missed out? Building on the principles acquired in Corporate Finance I., here you will learn the methodology of stock valuation based on the firms’ fundamentals. This is no wizardry as many investment advisors would present it but is rather a question of following a series of rigorous logical steps, grounded on facts and science. Besides the necessary theory, you will be walked through real-life examples step-by-step from start to finish, with links to the various data sources. After mastering this course, you will understand the mechanics behind, and thus surely become a more confident investor with significantly less FOMO when seeing swings in stock prices. This knowledge will also come in handy when deciding about corporate acquisitions outside the stock market.
|
3 |
2 |
Bachelor |
Finance / Microeconomics |
|
GTI23AN302EN |
This course aims to acquaint students with the basic international economic and financial issues. During the classes, students learn about the macroeconomic theory and policy of open economies. We discuss the background of international financial flows and the key contexts and concepts of balance of payments statistics. Lectures address the theme of the exchange rate policy, and also the issues of the eurozone. We deal with the capital market actors, the development of financial markets, and with international funding. Finally, we look into financial disturbances, crises, and crisis management.
|
6 |
4 |
Bachelor |
Finance / Microeconomics |
|
GTI23AN308EN |
This course introduces the main concepts, mechanisms, and areas of foreign economic policy. The major goal is to equip students with the knowledge necessary for the successful management of international finances, commerce, and business both at the enterprise and the government level. Building on the foundations of economic policy and international economics, we aim to offer a practice-oriented approach which, beyond the theoretical basis, also pays special attention to the newest empirical results regarding the individual topics.
After the introduction of the main goals, concepts, and schools of foreign economic policy, we discuss two crucial aspects of the international political and economic environment of national economic policies: globalization and regional economic integrations. We investigate the tendencies of economic development in the latest century focusing on inequality both between and within countries. The course continues with the discussion of foreign trade with a special focus on its potentials in enhancing economic growth. We also investigate the main aspects of international competitiveness and the related dilemmas of measurement. Regarding foreign direct investments, the emphasis is set on the policies and institutions which are meant to attract multinational companies, on the one hand, and the role of FDI in economic catching-up, on the other hand. The typical institution of foreign economic policy–such as national investment agencies, export-import banks etc.–are also discussed. The course also introduces the characteristics of foreign economic relations and policies in Hungary during the last decades. |
6 |
2 |
Bachelor |
Macroeconomics |
|
GTI24AN314EN |
The purpose of the module is to provide the skills and knowledge necessary for students to analyse, interpret and criticise accounting information. The objective of the module is to extend the scope of using financial information for both external and internal purposes. The prerequisite of the module is accounting knowledge. The module also includes an introduction to auditing.
|
6 |
4 |
Bachelor (Master) |
Corporate Finance |
|
GTI23AN508EN |
This course introduces the basics of econometric analysis. We deal with cross-sectional and time-series analyses. The course starts with the foundations of classical multiple linear regression models. After that, we present the tools of model building and the choice between nested models. The discussion is continued with the requirement of spherical disturbances in classical linear models and the treatment of heteroskedastic error terms by robust standard errors and generalized least squares. We also deal with models which are non-linear in their explanatory variables. We discuss the topic of nominal explanatory variables and their incorporations into regression models. The cross-sectional part is closed with the instrumental variable regressions.
The second half of the course focuses on the basics of time-series analysis. We start with the deterministic time series analysis. After that, we discuss the analysis of univariate stochastic processes. In the frame of the latter, we introduce the characteristics of stationary and nonstationary processes, the related tests and methodological implications, the Box-Jenkins method of ARIMA modelling, and the forecast based on ARIMA models. Finally, we deal with the basic concepts and methods of regression of time-series including the notion of cointegration, and the error correction and VAR representations. |
6 |
4 |
Bachelor |
Business Statistics |
|
GTI92AN803EN |
This is an introductory course not requiring any previous knowledge. It offers a survey of some of the major research fields of sociology and – through their lens – some particular domains of social life in modern societies from deviance to education and from religion to lifestyle.
|
3 |
2 |
Bachelor |
|
|
GTI92AN804EN |
The course focuses on different schools and methods in the complex field of cultural anthropology. In reviewing different subdisciplines of cultural anthropology throughout the semester, the course - after the general introductory sessions - concentrates on issues of psychological, aesthetical, linguistic, legal, and medical anthropology. The general structure of the course is that in the first class dealing with each topic offers a theoretical overview, while the second class is focusing on case studies, researches, and debates. The aim is to demonstrate the cultural anthropological viewpoints and approaches in connection with the above-mentioned topics. The objective of the course is to familiarize students with different subfields of cultural anthropology and to help the application of an anthropological understanding of current societal issues.
|
3 |
2 |
|
|
|
GTI22AN811EN |
The course is designed for non-law students. So the classes focus on the understanding of the legal background for states to business negotiations at an international level. The main topic of the International Trade Law Course is the operation of the WTO, the dispute settlements, the considerations of states entering trade treaties, and the enforcement thereof. The objective is to demonstrate how rational business decisions are to be made in a legal environment and what kind of issues are to be considered in the decision-making. The course focuses on cases, explanations, argumentations, and interpretations necessary for a manager in the business decisions. Students are welcome to discuss issues in class.
|
3 |
2 |
Bachelor (Master) |
|
| GTI21AN821EN |
The course offers an introduction to the growing literature on expertise and transdisciplinary research and innovation strategies. Topics include the ‘public understanding of science’, the ‘fractal model of expertise’, as well social and cognitive biases, 21st century skills, and all the tools you need to survive in a post-truth world. The covered problem-spaces will be illustrated with case studies, ranging from ‘wicked problems’ for sustainable development, through crisis-response in pandemic to pseudoscience, and more. The lectures trigger reflection of the students on their worldviews and epistemologies, on their understanding of the nature of science, and difficulties to make decisions under deep uncertainty. Students by the end of the course will have improved their ability to interpret information relevant for (business) decision making by a deeper understanding of media-mechanisms, the nature of science in society, and the challenges of picking reliable expertise to solve complex problems.
|
3 | 2 | ||
| GTI24AN817EN |
The course explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into two parts. In the first part, students learn investments, including different portfolio management theories. The primary goal of the first part is to show the complexity of the relationship between risk and expected return. The second part provides insight into financial intermediation, lending activities, and project financing. Students understand different types of risks and how they are managed by financial intermediaries.
|
6 | 4 | Master | |
| GTI22AN509EN |
The course aims to get students acquainted with the challenges and difficulties of running and leading organizations. Participants will learn about the basic concepts of strategic management, managerial decision-making, management consulting, and organizational development. This course also provides students with the theoretical knowledge and technical skills to manage diverse personalities and solve workplace conflicts. Finally, participants will get to know the modern management theories and their lessons. Through the theoretical and practical knowledge acquired in this course, students will be able to use management tools, analyze organizations and treat different organizational areas as a system.
|
6 | 4 | Master | |
| GTI92AN805EN |
Don’t be turned off by the word “politics”! Our ability to solve our common problems lies in our capacity for politics. In this course we will learn about the processes, ideas, institutions and skills that make for able and aware citizens and capable democratic polities. We will challenge each other to think critically and knowledgeably about politics and to become engaged participants in democratic life. To that end we will not only do a course together, but be part of a conversation on how best to improve our societies and our world.
|
3 | 2 |
Course list for the Spring semester 2024/2025
|
COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
| GTI10AN002EN |
This course will cover how regression analysis can be used to identify causal relationships. Much of the presentation will follow a policy evaluation perspective. We will discuss the implicit assumptions underlying each research design, read published papers that implement each design, and will see examples of how to execute each strategy using the freely available statistical software package R.
|
3 | 2 | Bachelor (Master) | Corporate Finance |
| GTI22AN204EN |
This course aims to introduce the main aspects of Human Resource Management (HRM). The course includes the basic systems of HRM, methods, and tools, which the (future) employees meet at a workplace. This knowledge enables participants to enter and cooperate in the world of work successfully. In addition, some attention is given to developing specific personal knowledge, skills, and abilities (KSAs), which can contribute to the employees’ success in organizational settings.
|
3 | 2 | Bachelor | |
| GTI24AN203EN |
Corporate finance discusses the theoretical background of financial decisions of corporations, methods, and tools supporting these decisions, and their applications. Corporate finance class serves as the background for the subjects dealing with the functional areas of corporate finance such as Advanced corporate finance, Investments and financing decisions, Project and corporate valuation). The main purpose of corporate finance decisions is to decide if the change resulting from the decision increase the value of the company and shareholders’ value. During the course, students get familiar with savings (risk and return, time value of money, capital market pricing) and their effects on the methods and costs of raising capital. Students get fundamental knowledge about investment and financing decisions, including net present value calculations, risk analysis, financing techniques, and liquidity management. By the end of the semester, students have a solid understanding of the system of corporate finance decisions, they are able to raise relevant questions and to use their theoretical knowledge to solve corporate problems.
|
6 | 4 | Bachelor | |
| GTI91AN202EN |
Vectors in 2 and 3 dimensions. Coordinates. Equations for lines, planes. Vectors in n-dimensional space.
Matrices. Systems of linear equations, Matrix equations. Determinants and inverse. Eigenvalues and eigenvectors. Basics of probability. Events, their probability. Independence. Conditional probability and Bayes theorem. Random variables and their expected value, variance and standard deviation. Discrete random variables. The binomial distribution. Poisson distribution. Continuous random variables. The cumulative distribution function and probability density functions. Uniform distribution. Normal probability distributions. The central limit theorem (statement only). |
6 | 4 | Bachelor | |
| GTI22AN303EN |
This course is specifically designed for non-law students. Its objective is to demonstrate using examples how rational business decisions are to be made in a legal environment. The operation of the basic legal institutions is discussed in an international, global context.
Legal studies deal with many aspects of our everyday life. What are the unalienable rights of men? What is private property? What should free trade mean? The course enables students to recognize legal problems (not to solve them), to understand the approaches and attitude of lawyers (judges), to be able to read basic legal documents (not to write), to make business decisions, and argue with regard to basic legal aspects, to carry out business negotiations with regard to basic legal aspects. |
6 | 4 | Bachelor (Master) | |
| GTI24AN206EN |
Accounting II applies the International Financial Reporting Standards (IFRS) as a framework for financial accounting. provides special advanced accounting knowledge for students on the accounting treatment of complex transactions that have an impact on the financial position and financial performance of a business entity. Both theoretical and practical aspects of the topics are discussed.
|
3 | 2 | Bachelor (Master) | Accounting |
|
GTI24AN208EN |
This course introduces the foundations of macroeconomics. We start with the basic concepts in macroeconomics and the very notion of economic modelling, endogenous and exogenous variables. After that, we discuss the characteristics of the major macroeconomic indicators (such as the GDP, inflation, and unemployment). We deal with the theories of short-term economic fluctuations in details. We investigate the mechanisms of aggregate demand via the IS-LM models both in closed and open economies. After modelling aggregate demand, we switch to the theories of aggregate supply. We introduce the Phillips curve. We also discuss the interface of economic policy and macroeconomics. In the frame of the latter, we introduce how the different schools of economic policy relate to the toolkits of fiscal and monetary policies. We also present the advantages and disadvantages of rule-based and discretionary decision- making in economic policy. Finally, we discuss the concept of microeconomics-based macroeconomics.
|
6 |
4 |
Bachelor |
|
| GTI22AN404EN |
The primary purpose of the course is to get students acquainted with the basic statistical toolbar and its business applications including the tools and methods of collecting, graphically presenting, describing, measuring, and analysing statistical data. The lessons focus on business statistics, sampling, and descriptive statistics. The course enables students to test hypotheses, and to analyze regression and correlation in practice.
|
6 | 4 | Bachelor | Calculus, Statistics |
|
GTI23AN406EN |
This course offers insight into the basic concepts and schools of economic policy with a special emphasis on some crucial aspects of current national economic policies. The primary goal is to empower students to understand and interpret the national and global economic and social processes. With this end in view, we touch upon a broad spectrum of topics. We introduce the main schools of economic policy such as neoliberalism, the social market economy, the welfare state, Keynesian economic policy, and supply-side economic policy. We discuss economic globalization as an essential part of the responsibilities and available tools of national economic policies in the 21st century. We deal with the two major sub-areas of economic policy, fiscal policy, and monetary policy, and with the institutional environment of economic policy. We present the brief history and the major policy lessons of financial crises in the latest decades. We deal with the great redistributive systems of economic policy: the pension system, health care, education, and local governments. We also introduce the main cycles and critical junctures of the post-socialist economic policies in Hungary and other Central European countries.
|
3 |
2 |
Bachelor (Master) |
|
| GTI24AN418EN |
The subject of taxation and international taxation covers two major topics. The first aim is introduce the theoretical background of taxation, to reveal the basic relationships of tax forms and taxpayers, and to describe the development of the three main tax types. The second aim is to introduce the principles of national and international taxation, the interconnection between them, and to introduce rules and legislation of taxation (scope of directives) of the European Union.
We address the need for state involvement, public finance subsystems, general government revenue, public finance expenditure, and the financing of social systems, including the role of tax as a state revenue in the financing of the budget. In a more detailed discussion of the revenues of the public finances, we provide students with the basic principles of taxation, some fundamental ways of computing the tax liability in the frame of personal income tax, corporate tax, and value added tax. This is related to the description of the structure of the taxation procedure, turnover, and tax compliance in the Hungarian tax system and its administration. In the second major topic, students acquire knowledge of the basic system of international taxation and the systems of tax compliance. |
3 | 2 | Bachelor | Finance, Accounting |
| GTI24AN405EN |
Management accounting is a superpower in your hand if you know how to use it. This field of accounting is much more on the business side, it is a system that uses accounting and other information to support managerial decisions. We learn how to calculate the cost of running the business and how to use cost information in pricing, profitability, and cost management decisions. The course demonstrates how you can prepare a budget that helps you to coordinate and control the operation of the business and also supports performance evaluation.
|
6 | 4 | Bachelor (Master) | Accounting |
| GTI21AN611EN |
The aim of this course is to help students to understand the basic theoretical background for successful negotiation (BATNA, competitive arousal etc.). The course covers these topics not only from a theoretical point of view. The basic aim is to improve the negotiation skills of students, and therefore it includes in-class negotiations and group work on preparing for business negotiations. The course focuses on the strategies and tactics of negotiation, but it also includes some psychological background knowledge on the topics. It also develops the models of adversarial, cooperative, and integrative negotiation structure. Case studies exemplify the usefulness of these models.
|
3 | 2 | Bachelor | |
| GTI92AN819EN |
The course aims to study the structure of firms and markets and their interactions. Instead of idealized models of firms and markets analysed in microeconomics, this course takes a closer, more realistic look, providing practical knowledge and a theoretical framework for analysis and prediction. The study of the industrial organization adds real-world frictions such as limited information, transaction costs, costs of adjusting prices, government actions, and barriers to entry by new firms into a market to the perfectly competitive model. It then considers how firms are organized and how they interact in such a world. The course goes beyond the descriptive traditional structure-conduct-performance approach by using the latest advances in microeconomic theory, including transaction cost analysis, game theory, contestability, and information theory. Specific topics that are covered include the theory of the firm, oligopoly, concentration, barriers to entry, pricing, and auctions, product differentiation and advertising, research and development, mergers, vertical integration, diversification. A successful conclusion of the course will allow students to perform market analyses, and participate in corporate strategy formation and decision making.
|
3 | 2 | Bachelor (Master) | Economics, Basic Knowledge of Calculus |
|
GTI92AN801EN |
This is an introductory course not requiring any previous knowledge. It makes students familiar with essential forms of analysis and explanation used by sociologists, and it gives them conceptual tools for unpacking complex phenomena around them in sociological terms.
|
3 |
2 |
Bachelor |
|
|
GTI92AN802EN |
The course is built on the assumption that cultural anthropology, on one hand, is a discipline that defines itself based on its research subjects (cultures outside of Europe) however, on the other hand, it can be regarded as an approach that is commonly used to analyze various social structures and cultural situations. The aim is to demonstrate the potential application of the cultural anthropological approach in social research; what cultural anthropology can communicate as “unusual” or unique. The objective of the course is to familiarize students with the defining nature of cultural anthropology, its trends, specific methods, and cultural anthropological theories developed in relation to culture in general and its elements, to help students recognize the world’s cultural diversity in order to develop sensitivity toward other cultures, prepare them to be able to identify and understand those.
|
3 |
2 |
Bachelor |
|
|
GTI22AN820EN |
This course is designed for non-law students. This course is designed to show students how international human rights standards and ethical business practices are incorporated into the design, implementation, and evaluation of multi-national business activities, especially in developing countries. It will demonstrate how active cooperation among governments, local organizations, international NGOs, and the international corporations are incentivized in order to maximize political and economic development benefits. Students will examine the role of the United Nations and its human rights processes and other components of international codes of conduct. The course focuses on international documents, cases, explanations, argumentations and interpretations useful for a manager in business decisions. Students are welcome to discuss issues in class. This course is designed for Business Law course students of various nationality or backgrounds.
|
3 |
2 |
Bachelor |
|
| GTI21AN401EN |
The course is designed to provide a fundamental understanding of marketing research methods. Marketing research focuses on helping students recognize the role of systematic information gathering and analysis in making marketing decisions. The topics of this course include problem definition, research design (exploratory, descriptive, and causal), data collection methods, questionnaire design, measurement scales, sampling techniques, and data analysis. Emphasis will be given to both the qualitative and quantitative aspects of marketing research.
|
6 | 4 | Master | Marketing |
| GTI24AN505EN |
International financial management explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into four parts. In the first part, students learn behavioral corporate finance. The second part provides insight into financial assets, clearing and settlement, and the current regulatory issues in the EU. In the third part, students understand different types of risk, and how they are managed by financial intermediaries. The primary goal of the fourth part is to explain operations of currency and derivative markets, including the most prevalent financial instruments (swap, futures, options).
|
6 | 4 | Master | |
| GTI24AN818EN |
Nowadays, companies are using information systems supported by information technology to collect, store, manage, process, and retrieve financial and non-financial data in order to prepare insightful management reports that are used by business analysts, managers, accountants, and C level executives in their operational and strategic decisions. The course introduces students to the foundations of database management systems, the enterprise resource planning (ERP) systems, and the world of business intelligence (BI). If you attend this course, you can learn how to manage ERP selection and implementation projects, how to prepare and present management dashboards with Microsoft Excel and Power BI, and why you need to support your IT projects with BPR (business process reengineering) tools.
|
3 | 2 | Master | |
|
GTI21AN499EN |
The course provides a comprehensive introduction to persuasive communication by looking at various techniques of social influence. In addition to presenting the social science perspective on persuasion and attitude change, the classes focus on classic and contemporary tools used for persuasion, including sequential techniques, self-presentation, wording, emotional app in everyday situations. Numerous examples and case studies of persuasion in action are presented.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI23AN419EN |
This course introduces the main concepts, mechanisms, and fields of international political economy. The course aims to offer a practice-oriented approach by paying special attention not just to the theoretical basis of the individual topics but to the related empirical results and case studies as well.
|
6 |
4 |
Bachelor (Master) |
|
Note: The list of courses running in a semester is finalised shortly before the start of the semester. If necessary, adjustments to an exchange/visiting student’s course selection are possible upon arrival.
previous semesters
Autumn semester 2023/2024
|
COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
|
GTI22AN103EN |
This course gets participants acquainted with the functioning of business organizations, as fundamental units of economy and society. Students will learn about the characteristics of human work in organizations, understand the behavior of leaders and subordinates, peculiarities of group work in work settings as well as design and cultural aspects of an organization as a whole. Applicable management methods and tools with their expected effects will also be covered within the different topics. Students will develop their knowledge, for example, in terms of organizational structure and culture, motivation, leadership, and management theories.
|
6 |
4 |
Bachelor |
|
|
GTI21AN101EN |
The objective is to enable students to understand the impact of marketing orientation on organizational behaviour and to learn about the related tasks and tools. The course gets students acquainted with the core concepts and tools of marketing starting with answering the question ’what is marketing?’ To put it simply, marketing is engaging customers and managing profitable customer relationships, so the aim of marketing is to create value for customers in order to capture value from customers in return. Secondly, the course discusses the steps of the marketing process from understanding customer needs by the methods of gathering information and market research, through designing customer value-driven marketing strategies and integrated marketing programs, building customer relationships to capturing value for the organization. Marketing tools, from product policy to branding, pricing strategies, and sales to marketing communications will be presented. The major trends and forces affecting marketing e.g. trends in digital, mobile, and social media are presented for each topic.
|
6 |
4 |
Bachelor |
|
|
GTI24AN104EN |
The primary objective of the course is to develop the understanding of financial accounting information for decision-making and the discussed case-studies focus on the role of financial accounting in communicating business performance. A specific aim of the course is to develop the participants’ skills in producing and using accounting information in real-life business situations.
|
6 |
4 |
Bachelor |
|
| GTI22AN403EN |
This course is specifically designed to non-law students. It focuses on a concise introduction to the way the law generally operates in business decisions. The method is manifold, it includes historical explanations, institutional descriptions, text, and case analysis as well as comparative approaches.
Wherever we go, whatever we do, we are bound by legal relationships, we enter into dozens of contracts each and every day. A newborn baby has the right to heir, and in the kindergarten many engage in pity trades (exchanges, gifts), years before the legal age, when one has full capacity to manage his own affairs. Lately, rights might be more apparent, nevertheless, duties are equally important and indispensable. The course focuses on contracts and enables students to understand the basic reasoning in legal thinking, the basic concept of properties and contracts, to carry out negotiations, to interpret contractual clauses, to recognize the meaning of special contractual clauses. |
6 | 4 | Bachelor (Master) | |
|
GTI91AN102EN |
Review of elementary functions, their graphs and applications. Linear, quadratic and power functions. The exponential and logarithmic functions. Composition of functions. Mathematical models.
Limits of functions and continuity. The number e. Differential calculus of real-valued functions. The concept of the derivative at a point and its interpretation as rate of change, as slope and as a linear approximation. The derivative functions. Derivatives of the power, exponential and logarithmic functions. Differentiation rules. Applications of the derivative. Increasing and decreasing functions, optimal values. Percentage changes: the logarithmic derivative and elasticity. Functions of several variables. Partial derivatives and local optimum. Level curves, optimum problems with constraints. The definite integral as area. The fundamental theorem of calculus. Indefinite integrals. Improper integrals. Applications of the definite integral to probability. |
6 |
6 |
Bachelor |
|
|
GTI21AN105EN |
The course introduces the students – through lectures and related seminars – to the theories of the relation between individual and the society with special emphasis on social practices in business life. Students get acquainted with the basic elements and procedures of social psychology, famous experiments, ethical implications of actions, and the mechanisms to which humans are necessarily exposed in social situations. The course serves as a basis for several other classes in business and economics.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI24AN107EN |
The primary aim of the course is to get students acquainted with the basic definitions of economics and fundamental relationships in microeconomic context which are important for those professionals who are going to work either in the business sector or in the various social sciences.
The mind of economics and its toolbar can be successfully utilized in various business and social problem-solving situations. This course focuses on the principles of economics and the basic models of microeconomics. The analysis of consumer’s and producer’s decisions is followed by equilibrium and market failure analyses. The course also discusses models dealing with time and uncertainty. In the second part of the semester, a brief overview is provided on the foundations of welfare and political economy. This course is viewed as the grounding course of further optional and advanced courses in various topics of economics. |
3 |
2 |
Bachelor |
|
|
GTI21AN306EN |
The course improves the participants’ argumentative and rational conflict management skills and helps them develop a critical and reflective attitude. We are going to study the central logical, argumentation-theoretic, and rhetorical concepts and apply them to real-life dialogues. We are going to pay special attention to those aspects of argumentation which are particularly important in business settings like negotiation, decision making, and selling.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI24AN309EN |
Have you ever wondered how the stock price of a company is determined? Have you witnessed some recent rallies or plummets in stock prices and feel you might have missed out? Building on the principles acquired in Corporate Finance I., here you will learn the methodology of stock valuation based on the firms’ fundamentals. This is no wizardry as many investment advisors would present it but is rather a question of following a series of rigorous logical steps, grounded on facts and science. Besides the necessary theory, you will be walked through real-life examples step-by-step from start to finish, with links to the various data sources. After mastering this course, you will understand the mechanics behind, and thus surely become a more confident investor with significantly less FOMO when seeing swings in stock prices. This knowledge will also come in handy when deciding about corporate acquisitions outside the stock market.
|
3 |
2 |
Bachelor |
Finance / Microeconomics |
|
GTI23AN302EN |
This course aims to acquaint students with the basic international economic and financial issues. During the classes, students learn about the macroeconomic theory and policy of open economies. We discuss the background of international financial flows and the key contexts and concepts of balance of payments statistics. Lectures address the theme of the exchange rate policy, and also the issues of the eurozone. We deal with the capital market actors, the development of financial markets, and with international funding. Finally, we look into financial disturbances, crises, and crisis management.
|
6 |
4 |
Bachelor |
Finance / Microeconomics |
|
GTI23AN308EN |
This course introduces the main concepts, mechanisms, and areas of foreign economic policy. The major goal is to equip students with the knowledge necessary for the successful management of international finances, commerce, and business both at the enterprise and the government level. Building on the foundations of economic policy and international economics, we aim to offer a practice-oriented approach which, beyond the theoretical basis, also pays special attention to the newest empirical results regarding the individual topics.
After the introduction of the main goals, concepts, and schools of foreign economic policy, we discuss two crucial aspects of the international political and economic environment of national economic policies: globalization and regional economic integrations. We investigate the tendencies of economic development in the latest century focusing on inequality both between and within countries. The course continues with the discussion of foreign trade with a special focus on its potentials in enhancing economic growth. We also investigate the main aspects of international competitiveness and the related dilemmas of measurement. Regarding foreign direct investments, the emphasis is set on the policies and institutions which are meant to attract multinational companies, on the one hand, and the role of FDI in economic catching-up, on the other hand. The typical institution of foreign economic policy–such as national investment agencies, export-import banks etc.–are also discussed. The course also introduces the characteristics of foreign economic relations and policies in Hungary during the last decades. |
6 |
2 |
Bachelor |
Macroeconomics |
|
GTI24AN314EN |
The purpose of the module is to provide the skills and knowledge necessary for students to analyse, interpret and criticise accounting information. The objective of the module is to extend the scope of using financial information for both external and internal purposes. The prerequisite of the module is accounting knowledge. The module also includes an introduction to auditing.
|
6 |
4 |
Bachelor (Master) |
Corporate Finance |
|
GTI23AN508EN |
This course introduces the basics of econometric analysis. We deal with cross-sectional and time-series analyses. The course starts with the foundations of classical multiple linear regression models. After that, we present the tools of model building and the choice between nested models. The discussion is continued with the requirement of spherical disturbances in classical linear models and the treatment of heteroskedastic error terms by robust standard errors and generalized least squares. We also deal with models which are non-linear in their explanatory variables. We discuss the topic of nominal explanatory variables and their incorporations into regression models. The cross-sectional part is closed with the instrumental variable regressions.
The second half of the course focuses on the basics of time-series analysis. We start with the deterministic time series analysis. After that, we discuss the analysis of univariate stochastic processes. In the frame of the latter, we introduce the characteristics of stationary and nonstationary processes, the related tests and methodological implications, the Box-Jenkins method of ARIMA modelling, and the forecast based on ARIMA models. Finally, we deal with the basic concepts and methods of regression of time-series including the notion of cointegration, and the error correction and VAR representations. |
6 |
4 |
Bachelor |
Business Statistics |
|
GTI92AN803EN |
This is an introductory course not requiring any previous knowledge. It offers a survey of some of the major research fields of sociology and – through their lens – some particular domains of social life in modern societies from deviance to education and from religion to lifestyle.
|
3 |
2 |
Bachelor |
|
|
GTI92AN804EN |
The course focuses on different schools and methods in the complex field of cultural anthropology. In reviewing different subdisciplines of cultural anthropology throughout the semester, the course - after the general introductory sessions - concentrates on issues of psychological, aesthetical, linguistic, legal, and medical anthropology. The general structure of the course is that in the first class dealing with each topic offers a theoretical overview, while the second class is focusing on case studies, researches, and debates. The aim is to demonstrate the cultural anthropological viewpoints and approaches in connection with the above-mentioned topics. The objective of the course is to familiarize students with different subfields of cultural anthropology and to help the application of an anthropological understanding of current societal issues.
|
3 |
2 |
|
|
|
GTI22AN811EN |
The course is designed for non-law students. So the classes focus on the understanding of the legal background for states to business negotiations at an international level. The main topic of the International Trade Law Course is the operation of the WTO, the dispute settlements, the considerations of states entering trade treaties, and the enforcement thereof. The objective is to demonstrate how rational business decisions are to be made in a legal environment and what kind of issues are to be considered in the decision-making. The course focuses on cases, explanations, argumentations, and interpretations necessary for a manager in the business decisions. Students are welcome to discuss issues in class.
|
3 |
2 |
Bachelor (Master) |
|
| GTI21AN821EN |
The course offers an introduction to the growing literature on expertise and transdisciplinary research and innovation strategies. Topics include the ‘public understanding of science’, the ‘fractal model of expertise’, as well social and cognitive biases, 21st century skills, and all the tools you need to survive in a post-truth world. The covered problem-spaces will be illustrated with case studies, ranging from ‘wicked problems’ for sustainable development, through crisis-response in pandemic to pseudoscience, and more. The lectures trigger reflection of the students on their worldviews and epistemologies, on their understanding of the nature of science, and difficulties to make decisions under deep uncertainty. Students by the end of the course will have improved their ability to interpret information relevant for (business) decision making by a deeper understanding of media-mechanisms, the nature of science in society, and the challenges of picking reliable expertise to solve complex problems.
|
3 | 2 | ||
| GTI24AN817EN |
The course explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into two parts. In the first part, students learn investments, including different portfolio management theories. The primary goal of the first part is to show the complexity of the relationship between risk and expected return. The second part provides insight into financial intermediation, lending activities, and project financing. Students understand different types of risks and how they are managed by financial intermediaries.
|
6 | 4 | Master | |
| GTI22AN509EN |
The course aims to get students acquainted with the challenges and difficulties of running and leading organizations. Participants will learn about the basic concepts of strategic management, managerial decision-making, management consulting, and organizational development. This course also provides students with the theoretical knowledge and technical skills to manage diverse personalities and solve workplace conflicts. Finally, participants will get to know the modern management theories and their lessons. Through the theoretical and practical knowledge acquired in this course, students will be able to use management tools, analyze organizations and treat different organizational areas as a system.
|
6 | 4 | Master | |
| GTI92AN805EN |
Don’t be turned off by the word “politics”! Our ability to solve our common problems lies in our capacity for politics. In this course we will learn about the processes, ideas, institutions and skills that make for able and aware citizens and capable democratic polities. We will challenge each other to think critically and knowledgeably about politics and to become engaged participants in democratic life. To that end we will not only do a course together, but be part of a conversation on how best to improve our societies and our world.
|
3 | 2 |
Spring semester 2022/2023
|
COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
| GTI22AN204EN |
This course aims to introduce the main aspects of Human Resource Management (HRM). The course includes the basic systems of HRM, methods, and tools, which the (future) employees meet at a workplace. This knowledge enables participants to enter and cooperate in the world of work successfully. In addition, some attention is given to developing specific personal knowledge, skills, and abilities (KSAs), which can contribute to the employees’ success in organizational settings.
|
3 | 2 | Bachelor | |
| GTI24AN203EN |
Corporate finance discusses the theoretical background of financial decisions of corporations, methods, and tools supporting these decisions, and their applications. Corporate finance class serves as the background for the subjects dealing with the functional areas of corporate finance such as Advanced corporate finance, Investments and financing decisions, Project and corporate valuation). The main purpose of corporate finance decisions is to decide if the change resulting from the decision increase the value of the company and shareholders’ value. During the course, students get familiar with savings (risk and return, time value of money, capital market pricing) and their effects on the methods and costs of raising capital. Students get fundamental knowledge about investment and financing decisions, including net present value calculations, risk analysis, financing techniques, and liquidity management. By the end of the semester, students have a solid understanding of the system of corporate finance decisions, they are able to raise relevant questions and to use their theoretical knowledge to solve corporate problems.
|
6 | 4 | Bachelor | |
| GTI91AN202EN |
Vectors in 2 and 3 dimensions. Coordinates. Equations for lines, planes. Vectors in n-dimensional space.
Matrices. Systems of linear equations, Matrix equations. Determinants and inverse. Eigenvalues and eigenvectors. Basics of probability. Events, their probability. Independence. Conditional probability and Bayes theorem. Random variables and their expected value, variance and standard deviation. Discrete random variables. The binomial distribution. Poisson distribution. Continuous random variables. The cumulative distribution function and probability density functions. Uniform distribution. Normal probability distributions. The central limit theorem (statement only). |
6 | 4 | Bachelor | |
| GTI22AN303EN |
This course is specifically designed for non-law students. Its objective is to demonstrate using examples how rational business decisions are to be made in a legal environment. The operation of the basic legal institutions is discussed in an international, global context.
Legal studies deal with many aspects of our everyday life. What are the unalienable rights of men? What is private property? What should free trade mean? The course enables students to recognize legal problems (not to solve them), to understand the approaches and attitude of lawyers (judges), to be able to read basic legal documents (not to write), to make business decisions, and argue with regard to basic legal aspects, to carry out business negotiations with regard to basic legal aspects. |
6 | 4 | Bachelor (Master) | |
| GTI24AN206EN |
Accounting II applies the International Financial Reporting Standards (IFRS) as a framework for financial accounting. provides special advanced accounting knowledge for students on the accounting treatment of complex transactions that have an impact on the financial position and financial performance of a business entity. Both theoretical and practical aspects of the topics are discussed.
|
3 | 4 | Bachelor (Master) | Accounting |
|
GTI24AN208EN |
This course introduces the foundations of macroeconomics. We start with the basic concepts in macroeconomics and the very notion of economic modelling, endogenous and exogenous variables. After that, we discuss the characteristics of the major macroeconomic indicators (such as the GDP, inflation, and unemployment). We deal with the theories of short-term economic fluctuations in details. We investigate the mechanisms of aggregate demand via the IS-LM models both in closed and open economies. After modelling aggregate demand, we switch to the theories of aggregate supply. We introduce the Phillips curve. We also discuss the interface of economic policy and macroeconomics. In the frame of the latter, we introduce how the different schools of economic policy relate to the toolkits of fiscal and monetary policies. We also present the advantages and disadvantages of rule-based and discretionary decision- making in economic policy. Finally, we discuss the concept of microeconomics-based macroeconomics.
|
6 |
4 |
Bachelor |
|
| GTI22AN404EN |
The primary purpose of the course is to get students acquainted with the basic statistical toolbar and its business applications including the tools and methods of collecting, graphically presenting, describing, measuring, and analysing statistical data. The lessons focus on business statistics, sampling, and descriptive statistics. The course enables students to test hypotheses, and to analyze regression and correlation in practice.
|
6 | 4 | Bachelor | Calculus, Statistics |
|
GTI23AN406EN |
This course offers insight into the basic concepts and schools of economic policy with a special emphasis on some crucial aspects of current national economic policies. The primary goal is to empower students to understand and interpret the national and global economic and social processes. With this end in view, we touch upon a broad spectrum of topics. We introduce the main schools of economic policy such as neoliberalism, the social market economy, the welfare state, Keynesian economic policy, and supply-side economic policy. We discuss economic globalization as an essential part of the responsibilities and available tools of national economic policies in the 21st century. We deal with the two major sub-areas of economic policy, fiscal policy, and monetary policy, and with the institutional environment of economic policy. We present the brief history and the major policy lessons of financial crises in the latest decades. We deal with the great redistributive systems of economic policy: the pension system, health care, education, and local governments. We also introduce the main cycles and critical junctures of the post-socialist economic policies in Hungary and other Central European countries.
|
3 |
2 |
Bachelor (Master) |
|
| GTI24AN418EN |
The subject of taxation and international taxation covers two major topics. The first aim is introduce the theoretical background of taxation, to reveal the basic relationships of tax forms and taxpayers, and to describe the development of the three main tax types. The second aim is to introduce the principles of national and international taxation, the interconnection between them, and to introduce rules and legislation of taxation (scope of directives) of the European Union.
We address the need for state involvement, public finance subsystems, general government revenue, public finance expenditure, and the financing of social systems, including the role of tax as a state revenue in the financing of the budget. In a more detailed discussion of the revenues of the public finances, we provide students with the basic principles of taxation, some fundamental ways of computing the tax liability in the frame of personal income tax, corporate tax, and value added tax. This is related to the description of the structure of the taxation procedure, turnover, and tax compliance in the Hungarian tax system and its administration. In the second major topic, students acquire knowledge of the basic system of international taxation and the systems of tax compliance. |
3 | 2 | Bachelor | Finance, Accounting |
| GTI24AN405EN |
Management accounting is a superpower in your hand if you know how to use it. This field of accounting is much more on the business side, it is a system that uses accounting and other information to support managerial decisions. We learn how to calculate the cost of running the business and how to use cost information in pricing, profitability, and cost management decisions. The course demonstrates how you can prepare a budget that helps you to coordinate and control the operation of the business and also supports performance evaluation.
|
6 | 4 | Bachelor (Master) | Accounting |
| GTI21AN611EN |
The aim of this course is to help students to understand the basic theoretical background for successful negotiation (BATNA, competitive arousal etc.). The course covers these topics not only from a theoretical point of view. The basic aim is to improve the negotiation skills of students, and therefore it includes in-class negotiations and group work on preparing for business negotiations. The course focuses on the strategies and tactics of negotiation, but it also includes some psychological background knowledge on the topics. It also develops the models of adversarial, cooperative, and integrative negotiation structure. Case studies exemplify the usefulness of these models.
|
3 | 2 | Bachelor | |
| GTI92AN819EN |
The course aims to study the structure of firms and markets and their interactions. Instead of idealized models of firms and markets analysed in microeconomics, this course takes a closer, more realistic look, providing practical knowledge and a theoretical framework for analysis and prediction. The study of the industrial organization adds real-world frictions such as limited information, transaction costs, costs of adjusting prices, government actions, and barriers to entry by new firms into a market to the perfectly competitive model. It then considers how firms are organized and how they interact in such a world. The course goes beyond the descriptive traditional structure-conduct-performance approach by using the latest advances in microeconomic theory, including transaction cost analysis, game theory, contestability, and information theory. Specific topics that are covered include the theory of the firm, oligopoly, concentration, barriers to entry, pricing, and auctions, product differentiation and advertising, research and development, mergers, vertical integration, diversification. A successful conclusion of the course will allow students to perform market analyses, and participate in corporate strategy formation and decision making.
|
3 | 2 | Bachelor (Master) | Economics, Basic Knowledge of Calculus |
|
GTI92AN801EN |
This is an introductory course not requiring any previous knowledge. It makes students familiar with essential forms of analysis and explanation used by sociologists, and it gives them conceptual tools for unpacking complex phenomena around them in sociological terms.
|
3 |
2 |
Bachelor |
|
|
GTI92AN802EN |
The course is built on the assumption that cultural anthropology, on one hand, is a discipline that defines itself based on its research subjects (cultures outside of Europe) however, on the other hand, it can be regarded as an approach that is commonly used to analyze various social structures and cultural situations. The aim is to demonstrate the potential application of the cultural anthropological approach in social research; what cultural anthropology can communicate as “unusual” or unique. The objective of the course is to familiarize students with the defining nature of cultural anthropology, its trends, specific methods, and cultural anthropological theories developed in relation to culture in general and its elements, to help students recognize the world’s cultural diversity in order to develop sensitivity toward other cultures, prepare them to be able to identify and understand those.
|
3 |
2 |
Bachelor |
|
|
GTI22AN820EN |
This course is designed for non-law students. This course is designed to show students how international human rights standards and ethical business practices are incorporated into the design, implementation, and evaluation of multi-national business activities, especially in developing countries. It will demonstrate how active cooperation among governments, local organizations, international NGOs, and the international corporations are incentivized in order to maximize political and economic development benefits. Students will examine the role of the United Nations and its human rights processes and other components of international codes of conduct. The course focuses on international documents, cases, explanations, argumentations and interpretations useful for a manager in business decisions. Students are welcome to discuss issues in class. This course is designed for Business Law course students of various nationality or backgrounds.
|
3 |
2 |
Bachelor |
|
| GTI21AN401EN |
The course is designed to provide a fundamental understanding of marketing research methods. Marketing research focuses on helping students recognize the role of systematic information gathering and analysis in making marketing decisions. The topics of this course include problem definition, research design (exploratory, descriptive, and causal), data collection methods, questionnaire design, measurement scales, sampling techniques, and data analysis. Emphasis will be given to both the qualitative and quantitative aspects of marketing research.
|
6 | 4 | Master | Marketing I. |
| GTI24AN505EN |
International financial management explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into four parts. In the first part, students learn behavioral corporate finance. The second part provides insight into financial assets, clearing and settlement, and the current regulatory issues in the EU. In the third part, students understand different types of risk, and how they are managed by financial intermediaries. The primary goal of the fourth part is to explain operations of currency and derivative markets, including the most prevalent financial instruments (swap, futures, options).
|
6 | 4 | Master | |
| GTI24AN818EN |
Nowadays, companies are using information systems supported by information technology to collect, store, manage, process, and retrieve financial and non-financial data in order to prepare insightful management reports that are used by business analysts, managers, accountants, and C level executives in their operational and strategic decisions. The course introduces students to the foundations of database management systems, the enterprise resource planning (ERP) systems, and the world of business intelligence (BI). If you attend this course, you can learn how to manage ERP selection and implementation projects, how to prepare and present management dashboards with Microsoft Excel and Power BI, and why you need to support your IT projects with BPR (business process reengineering) tools.
|
3 | 2 | Master | |
|
GTI21AN499EN |
The course provides a comprehensive introduction to persuasive communication by looking at various techniques of social influence. In addition to presenting the social science perspective on persuasion and attitude change, the classes focus on classic and contemporary tools used for persuasion, including sequential techniques, self-presentation, wording, emotional app in everyday situations. Numerous examples and case studies of persuasion in action are presented.
|
3 |
2 |
Bachelor (Master) |
|
Autumn Semester 2022/2023
|
COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
|
GTI22AN103EN |
This course gets participants acquainted with the functioning of business organizations, as fundamental units of economy and society. Students will learn about the characteristics of human work in organizations, understand the behavior of leaders and subordinates, peculiarities of group work in work settings as well as design and cultural aspects of an organization as a whole. Applicable management methods and tools with their expected effects will also be covered within the different topics. Students will develop their knowledge, for example, in terms of organizational structure and culture, motivation, leadership, and management theories.
|
6 |
4 |
Bachelor |
|
|
GTI21AN101EN |
The objective is to enable students to understand the impact of marketing orientation on organizational behaviour and to learn about the related tasks and tools. The course gets students acquainted with the core concepts and tools of marketing starting with answering the question ’what is marketing?’ To put it simply, marketing is engaging customers and managing profitable customer relationships, so the aim of marketing is to create value for customers in order to capture value from customers in return. Secondly, the course discusses the steps of the marketing process from understanding customer needs by the methods of gathering information and market research, through designing customer value-driven marketing strategies and integrated marketing programs, building customer relationships to capturing value for the organization. Marketing tools, from product policy to branding, pricing strategies, and sales to marketing communications will be presented. The major trends and forces affecting marketing e.g. trends in digital, mobile, and social media are presented for each topic.
|
6 |
4 |
Bachelor |
|
|
GTI24AN104EN |
The primary objective of the course is to develop the understanding of financial accounting information for decision-making and the discussed case-studies focus on the role of financial accounting in communicating business performance. A specific aim of the course is to develop the participants’ skills in producing and using accounting information in real-life business situations.
|
6 |
4 |
Bachelor |
|
| GTI22AN403EN |
This course is specifically designed to non-law students. It focuses on a concise introduction to the way the law generally operates in business decisions. The method is manifold, it includes historical explanations, institutional descriptions, text, and case analysis as well as comparative approaches.
Wherever we go, whatever we do, we are bound by legal relationships, we enter into dozens of contracts each and every day. A newborn baby has the right to heir, and in the kindergarten many engage in pity trades (exchanges, gifts), years before the legal age, when one has full capacity to manage his own affairs. Lately, rights might be more apparent, nevertheless, duties are equally important and indispensable. The course focuses on contracts and enables students to understand the basic reasoning in legal thinking, the basic concept of properties and contracts, to carry out negotiations, to interpret contractual clauses, to recognize the meaning of special contractual clauses. |
6 | 4 | Bachelor (Master) | |
|
GTI91AN102EN |
Review of elementary functions, their graphs and applications. Linear, quadratic and power functions. The exponential and logarithmic functions. Composition of functions. Mathematical models.
Limits of functions and continuity. The number e. Differential calculus of real-valued functions. The concept of the derivative at a point and its interpretation as rate of change, as slope and as a linear approximation. The derivative functions. Derivatives of the power, exponential and logarithmic functions. Differentiation rules. Applications of the derivative. Increasing and decreasing functions, optimal values. Percentage changes: the logarithmic derivative and elasticity. Functions of several variables. Partial derivatives and local optimum. Level curves, optimum problems with constraints. The definite integral as area. The fundamental theorem of calculus. Indefinite integrals. Improper integrals. Applications of the definite integral to probability. |
6 |
6 |
Bachelor |
|
|
GTI21AN105EN |
The course introduces the students – through lectures and related seminars – to the theories of the relation between individual and the society with special emphasis on social practices in business life. Students get acquainted with the basic elements and procedures of social psychology, famous experiments, ethical implications of actions, and the mechanisms to which humans are necessarily exposed in social situations. The course serves as a basis for several other classes in business and economics.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI92AN201EN |
The primary aim of the course is to get students acquainted with the basic definitions of economics and fundamental relationships in microeconomic context which are important for those professionals who are going to work either in the business sector or in the various social sciences.
The mind of economics and its toolbar can be successfully utilized in various business and social problem-solving situations. This course focuses on the principles of economics and the basic models of microeconomics. The analysis of consumer’s and producer’s decisions is followed by equilibrium and market failure analyses. The course also discusses models dealing with time and uncertainty. In the second part of the semester, a brief overview is provided on the foundations of welfare and political economy. This course is viewed as the grounding course of further optional and advanced courses in various topics of economics. |
6 |
4 |
Bachelor |
|
|
GTI21AN306EN |
The course improves the participants’ argumentative and rational conflict management skills and helps them develop a critical and reflective attitude. We are going to study the central logical, argumentation-theoretic, and rhetorical concepts and apply them to real-life dialogues. We are going to pay special attention to those aspects of argumentation which are particularly important in business settings like negotiation, decision making, and selling.
|
3 |
2 |
Bachelor (Master) |
|
|
GTI24AN309EN |
Have you ever wondered how the stock price of a company is determined? Have you witnessed some recent rallies or plummets in stock prices and feel you might have missed out? Building on the principles acquired in Corporate Finance I., here you will learn the methodology of stock valuation based on the firms’ fundamentals. This is no wizardry as many investment advisors would present it but is rather a question of following a series of rigorous logical steps, grounded on facts and science. Besides the necessary theory, you will be walked through real-life examples step-by-step from start to finish, with links to the various data sources. After mastering this course, you will understand the mechanics behind, and thus surely become a more confident investor with significantly less FOMO when seeing swings in stock prices. This knowledge will also come in handy when deciding about corporate acquisitions outside the stock market.
|
3 |
2 |
Bachelor |
Finance / Microeconomics |
|
GTI23AN302EN |
This course aims to acquaint students with the basic international economic and financial issues. During the classes, students learn about the macroeconomic theory and policy of open economies. We discuss the background of international financial flows and the key contexts and concepts of balance of payments statistics. Lectures address the theme of the exchange rate policy, and also the issues of the eurozone. We deal with the capital market actors, the development of financial markets, and with international funding. Finally, we look into financial disturbances, crises, and crisis management.
|
6 |
4 |
Bachelor |
Finance / Microeconomics |
|
GTI24AN314EN |
The purpose of the module is to provide the skills and knowledge necessary for students to analyse, interpret and criticise accounting information. The objective of the module is to extend the scope of using financial information for both external and internal purposes. The prerequisite of the module is accounting knowledge. The module also includes an introduction to auditing.
|
6 |
4 |
Bachelor (Master) |
Corporate finance |
|
GTI23AN508EN |
This course introduces the basics of econometric analysis. We deal with cross-sectional and time-series analyses. The course starts with the foundations of classical multiple linear regression models. After that, we present the tools of model building and the choice between nested models. The discussion is continued with the requirement of spherical disturbances in classical linear models and the treatment of heteroskedastic error terms by robust standard errors and generalized least squares. We also deal with models which are non-linear in their explanatory variables. We discuss the topic of nominal explanatory variables and their incorporations into regression models. The cross-sectional part is closed with the instrumental variable regressions.
The second half of the course focuses on the basics of time-series analysis. We start with the deterministic time series analysis. After that, we discuss the analysis of univariate stochastic processes. In the frame of the latter, we introduce the characteristics of stationary and nonstationary processes, the related tests and methodological implications, the Box-Jenkins method of ARIMA modelling, and the forecast based on ARIMA models. Finally, we deal with the basic concepts and methods of regression of time-series including the notion of cointegration, and the error correction and VAR representations. |
6 |
4 |
Bachelor |
Business Statistics |
|
GTI92AN803EN |
This is an introductory course not requiring any previous knowledge. It offers a survey of some of the major research fields of sociology and – through their lens – some particular domains of social life in modern societies from deviance to education and from religion to lifestyle.
|
3 |
2 |
Bachelor |
|
|
GTI92AN804EN |
The course focuses on different schools and methods in the complex field of cultural anthropology. In reviewing different subdisciplines of cultural anthropology throughout the semester, the course - after the general introductory sessions - concentrates on issues of psychological, aesthetical, linguistic, legal, and medical anthropology. The general structure of the course is that in the first class dealing with each topic offers a theoretical overview, while the second class is focusing on case studies, researches, and debates. The aim is to demonstrate the cultural anthropological viewpoints and approaches in connection with the above-mentioned topics. The objective of the course is to familiarize students with different subfields of cultural anthropology and to help the application of an anthropological understanding of current societal issues.
|
3 |
2 |
|
|
|
GTI22AN811EN |
The course is designed for non-law students. So the classes focus on the understanding of the legal background for states to business negotiations at an international level. The main topic of the International Trade Law Course is the operation of the WTO, the dispute settlements, the considerations of states entering trade treaties, and the enforcement thereof. The objective is to demonstrate how rational business decisions are to be made in a legal environment and what kind of issues are to be considered in the decision-making. The course focuses on cases, explanations, argumentations, and interpretations necessary for a manager in the business decisions. Students are welcome to discuss issues in class.
|
3 |
2 |
Bachelor (Master) |
|
| GTI21AN821EN |
The course offers an introduction to the growing literature on expertise and transdisciplinary research and innovation strategies. Topics include the ‘public understanding of science’, the ‘fractal model of expertise’, as well social and cognitive biases, 21st century skills, and all the tools you need to survive in a post-truth world. The covered problem-spaces will be illustrated with case studies, ranging from ‘wicked problems’ for sustainable development, through crisis-response in pandemic to pseudoscience, and more. The lectures trigger reflection of the students on their worldviews and epistemologies, on their understanding of the nature of science, and difficulties to make decisions under deep uncertainty. Students by the end of the course will have improved their ability to interpret information relevant for (business) decision making by a deeper understanding of media-mechanisms, the nature of science in society, and the challenges of picking reliable expertise to solve complex problems.
|
3 | 2 | ||
| GTI24AN817EN |
The course explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into two parts. In the first part, students learn investments, including different portfolio management theories. The primary goal of the first part is to show the complexity of the relationship between risk and expected return. The second part provides insight into financial intermediation, lending activities, and project financing. Students understand different types of risks and how they are managed by financial intermediaries.
|
6 | 4 | Master | |
| GTI22AN509EN |
The course aims to get students acquainted with the challenges and difficulties of running and leading organizations. Participants will learn about the basic concepts of strategic management, managerial decision-making, management consulting, and organizational development. This course also provides students with the theoretical knowledge and technical skills to manage diverse personalities and solve workplace conflicts. Finally, participants will get to know the modern management theories and their lessons. Through the theoretical and practical knowledge acquired in this course, students will be able to use management tools, analyze organizations and treat different organizational areas as a system.
|
6 | 4 | Master | |
| GTI92AN805EN |
Don’t be turned off by the word “politics”! Our ability to solve our common problems lies in our capacity for politics. In this course we will learn about the processes, ideas, institutions and skills that make for able and aware citizens and capable democratic polities. We will challenge each other to think critically and knowledgeably about politics and to become engaged participants in democratic life. To that end we will not only do a course together, but be part of a conversation on how best to improve our societies and our world.
|
3 | 2 |
Spring semester 2021/2022
|
COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
| GTI22AN204EN |
This course aims to introduce the main aspects of Human Resource Management (HRM). The course includes the basic systems of HRM, methods, and tools, which the (future) employees meet at a workplace. This knowledge enables participants to enter and cooperate in the world of work successfully. In addition, some attention is given to developing specific personal knowledge, skills, and abilities (KSAs), which can contribute to the employees’ success in organizational settings.
|
3 | 2 | Bachelor | |
| GTI24AN203EN |
Corporate finance discusses the theoretical background of financial decisions of corporations, methods, and tools supporting these decisions, and their applications. Corporate finance class serves as the background for the subjects dealing with the functional areas of corporate finance such as Advanced corporate finance, Investments and financing decisions, Project and corporate valuation). The main purpose of corporate finance decisions is to decide if the change resulting from the decision increase the value of the company and shareholders’ value. During the course, students get familiar with savings (risk and return, time value of money, capital market pricing) and their effects on the methods and costs of raising capital. Students get fundamental knowledge about investment and financing decisions, including net present value calculations, risk analysis, financing techniques, and liquidity management. By the end of the semester, students have a solid understanding of the system of corporate finance decisions, they are able to raise relevant questions and to use their theoretical knowledge to solve corporate problems.
|
6 | 4 | Bachelor | |
|
GTI92AN201EN |
The primary aim of the course is to get students acquainted with the basic definitions of economics and fundamental relationships in microeconomic context which are important for those professionals who are going to work either in the business sector or in the various social sciences.
The mind of economics and its toolbar can be successfully utilized in various business and social problem-solving situations. This course focuses on the principles of economics and the basic models of microeconomics. The analysis of consumer’s and producer’s decisions is followed by equilibrium and market failure analyses. The course also discusses models dealing with time and uncertainty. In the second part of the semester, a brief overview is provided on the foundations of welfare and political economy. This course is viewed as the grounding course of further optional and advanced courses in various topics of economics. |
6 |
4 |
Bachelor |
|
| GTI91AN202EN |
Vectors in 2 and 3 dimensions. Coordinates. Equations for lines, planes. Vectors in n-dimensional space.
Matrices. Systems of linear equations, Matrix equations. Determinants and inverse. Eigenvalues and eigenvectors. Basics of probability. Events, their probability. Independence. Conditional probability and Bayes theorem. Random variables and their expected value, variance and standard deviation. Discrete random variables. The binomial distribution. Poisson distribution. Continuous random variables. The cumulative distribution function and probability density functions. Uniform distribution. Normal probability distributions. The central limit theorem (statement only). |
6 | 4 | Bachelor | |
| GTI22AN303EN |
This course is specifically designed for non-law students. Its objective is to demonstrate using examples how rational business decisions are to be made in a legal environment. The operation of the basic legal institutions is discussed in an international, global context.
Legal studies deal with many aspects of our everyday life. What are the unalienable rights of men? What is private property? What should free trade mean? The course enables students to recognize legal problems (not to solve them), to understand the approaches and attitude of lawyers (judges), to be able to read basic legal documents (not to write), to make business decisions, and argue with regard to basic legal aspects, to carry out business negotiations with regard to basic legal aspects. |
6 | 4 | Bachelor (Master) | |
| GTI24AN206EN |
Accounting II applies the International Financial Reporting Standards (IFRS) as a framework for financial accounting. provides special advanced accounting knowledge for students on the accounting treatment of complex transactions that have an impact on the financial position and financial performance of a business entity. Both theoretical and practical aspects of the topics are discussed.
|
3 | 4 | Bachelor (Master) | Accounting |
| GTI22AN403EN |
This course is specifically designed to non-law students. It focuses on a concise introduction to the way the law generally operates in business decisions. The method is manifold, it includes historical explanations, institutional descriptions, text, and case analysis as well as comparative approaches.
Wherever we go, whatever we do, we are bound by legal relationships, we enter into dozens of contracts each and every day. A newborn baby has the right to heir, and in the kindergarten many engage in pity trades (exchanges, gifts), years before the legal age, when one has full capacity to manage his own affairs. Lately, rights might be more apparent, nevertheless, duties are equally important and indispensable. The course focuses on contracts and enables students to understand the basic reasoning in legal thinking, the basic concept of properties and contracts, to carry out negotiations, to interpret contractual clauses, to recognize the meaning of special contractual clauses. |
6 | 4 | Bachelor (Master) | |
| GTI22AN404EN |
The primary purpose of the course is to get students acquainted with the basic statistical toolbar and its business applications including the tools and methods of collecting, graphically presenting, describing, measuring, and analysing statistical data. The lessons focus on business statistics, sampling, and descriptive statistics. The course enables students to test hypotheses, and to analyze regression and correlation in practice.
|
6 | 4 | Bachelor | Calculus, Statistics |
|
GTI23AN406EN |
This course offers insight into the basic concepts and schools of economic policy with a special emphasis on some crucial aspects of current national economic policies. The primary goal is to empower students to understand and interpret the national and global economic and social processes. With this end in view, we touch upon a broad spectrum of topics. We introduce the main schools of economic policy such as neoliberalism, the social market economy, the welfare state, Keynesian economic policy, and supply-side economic policy. We discuss economic globalization as an essential part of the responsibilities and available tools of national economic policies in the 21st century. We deal with the two major sub-areas of economic policy, fiscal policy, and monetary policy, and with the institutional environment of economic policy. We present the brief history and the major policy lessons of financial crises in the latest decades. We deal with the great redistributive systems of economic policy: the pension system, health care, education, and local governments. We also introduce the main cycles and critical junctures of the post-socialist economic policies in Hungary and other Central European countries.
|
3 |
2 |
Bachelor (Master) |
|
| GTI24AN418EN |
The subject of taxation and international taxation covers two major topics. The first aim is introduce the theoretical background of taxation, to reveal the basic relationships of tax forms and taxpayers, and to describe the development of the three main tax types. The second aim is to introduce the principles of national and international taxation, the interconnection between them, and to introduce rules and legislation of taxation (scope of directives) of the European Union.
We address the need for state involvement, public finance subsystems, general government revenue, public finance expenditure, and the financing of social systems, including the role of tax as a state revenue in the financing of the budget. In a more detailed discussion of the revenues of the public finances, we provide students with the basic principles of taxation, some fundamental ways of computing the tax liability in the frame of personal income tax, corporate tax, and value added tax. This is related to the description of the structure of the taxation procedure, turnover, and tax compliance in the Hungarian tax system and its administration. In the second major topic, students acquire knowledge of the basic system of international taxation and the systems of tax compliance. |
3 | 2 | Bachelor | Finance, Accounting |
| GTI24AN405EN |
Management accounting is a superpower in your hand if you know how to use it. This field of accounting is much more on the business side, it is a system that uses accounting and other information to support managerial decisions. We learn how to calculate the cost of running the business and how to use cost information in pricing, profitability, and cost management decisions. The course demonstrates how you can prepare a budget that helps you to coordinate and control the operation of the business and also supports performance evaluation.
|
6 | 4 | Bachelor (Master) | Accounting |
| GTI21AN611EN |
The aim of this course is to help students to understand the basic theoretical background for successful negotiation (BATNA, competitive arousal etc.). The course covers these topics not only from a theoretical point of view. The basic aim is to improve the negotiation skills of students, and therefore it includes in-class negotiations and group work on preparing for business negotiations. The course focuses on the strategies and tactics of negotiation, but it also includes some psychological background knowledge on the topics. It also develops the models of adversarial, cooperative, and integrative negotiation structure. Case studies exemplify the usefulness of these models.
|
3 | 2 | Bachelor | |
| GTI92AN019EN |
The course aims to study the structure of firms and markets and their interactions. Instead of idealized models of firms and markets analysed in microeconomics, this course takes a closer, more realistic look, providing practical knowledge and a theoretical framework for analysis and prediction. The study of the industrial organization adds real-world frictions such as limited information, transaction costs, costs of adjusting prices, government actions, and barriers to entry by new firms into a market to the perfectly competitive model. It then considers how firms are organized and how they interact in such a world. The course goes beyond the descriptive traditional structure-conduct-performance approach by using the latest advances in microeconomic theory, including transaction cost analysis, game theory, contestability, and information theory. Specific topics that are covered include the theory of the firm, oligopoly, concentration, barriers to entry, pricing, and auctions, product differentiation and advertising, research and development, mergers, vertical integration, diversification. A successful conclusion of the course will allow students to perform market analyses, and participate in corporate strategy formation and decision making.
|
3 | 2 | Bachelor (Master) | Economics, Basic Knowledge of Calculus |
| GTI95AN808EN |
This course gives a basic introduction to the information technologies behind intelligent decision-making, it covers the following topics: data and knowledge management, business data mining and analysis, machine learning (ML), and artificial intelligence (AI). This course provides a preliminary introduction to the basic technologies and tools behind Business Intelligence (BI) by combing the introduction of basic concepts with some practical demo and use case in the business and finance domain. In the lecture course, the basic technology behind intelligent decision making, and some use case and potential applications in business and finance will be introduced. In the seminar course, the corresponding tools (RapidMiner, Google Colab, Neo4j graph database, Grakn knowledge graph platform, Tabular BI, etc.) will be introduced and some practical demo will be given to help the students to understand how does these technology work in business and finance.
|
3 | 2 | ||
| GTI95AN807EN |
The subject has three main goals: To give a common computer system approach to the students arriving with different base knowledge, a minimum which is necessary during their future studies and carreer. To see where and in which form they may meet with computer systems. (Starting from IoT systems through local controllers till super computers. Understanding the idea of encryptions to make business connections safe.) To getting to know the most frequently used operating system environment, to be able to write base scripts to make their own work easier!
|
3 | 2 | ||
| GTI95AN809EN | Business Information Systems | 3 | 2 | ||
|
GTI92AN001EN |
This is an introductory course not requiring any previous knowledge. It makes students familiar with essential forms of analysis and explanation used by sociologists, and it gives them conceptual tools for unpacking complex phenomena around them in sociological terms.
|
3 |
2 |
Bachelor |
|
|
GTI92AN802EN |
The course is built on the assumption that cultural anthropology, on one hand, is a discipline that defines itself based on its research subjects (cultures outside of Europe) however, on the other hand, it can be regarded as an approach that is commonly used to analyze various social structures and cultural situations. The aim is to demonstrate the potential application of the cultural anthropological approach in social research; what cultural anthropology can communicate as “unusual” or unique. The objective of the course is to familiarize students with the defining nature of cultural anthropology, its trends, specific methods, and cultural anthropological theories developed in relation to culture in general and its elements, to help students recognize the world’s cultural diversity in order to develop sensitivity toward other cultures, prepare them to be able to identify and understand those.
|
3 |
2 |
Bachelor |
|
|
GTI22AN020EN |
This course is designed for non-law students. This course is designed to show students how international human rights standards and ethical business practices are incorporated into the design, implementation, and evaluation of multi-national business activities, especially in developing countries. It will demonstrate how active cooperation among governments, local organizations, international NGOs, and the international corporations are incentivized in order to maximize political and economic development benefits. Students will examine the role of the United Nations and its human rights processes and other components of international codes of conduct. The course focuses on international documents, cases, explanations, argumentations and interpretations useful for a manager in business decisions. Students are welcome to discuss issues in class. This course is designed for Business Law course students of various nationality or backgrounds.
|
3 |
2 |
Bachelor |
|
| GTI21AN401EN |
The course is designed to provide a fundamental understanding of marketing research methods. Marketing research focuses on helping students recognize the role of systematic information gathering and analysis in making marketing decisions. The topics of this course include problem definition, research design (exploratory, descriptive, and causal), data collection methods, questionnaire design, measurement scales, sampling techniques, and data analysis. Emphasis will be given to both the qualitative and quantitative aspects of marketing research.
|
6 | 4 | Master | Marketing I. |
| GTI24AN505EN |
International financial management explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into four parts. In the first part, students learn behavioral corporate finance. The second part provides insight into financial assets, clearing and settlement, and the current regulatory issues in the EU. In the third part, students understand different types of risk, and how they are managed by financial intermediaries. The primary goal of the fourth part is to explain operations of currency and derivative markets, including the most prevalent financial instruments (swap, futures, options).
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6 | 4 | Master | |
| GTI24AN818EN |
Nowadays, companies are using information systems supported by information technology to collect, store, manage, process, and retrieve financial and non-financial data in order to prepare insightful management reports that are used by business analysts, managers, accountants, and C level executives in their operational and strategic decisions. The course introduces students to the foundations of database management systems, the enterprise resource planning (ERP) systems, and the world of business intelligence (BI). If you attend this course, you can learn how to manage ERP selection and implementation projects, how to prepare and present management dashboards with Microsoft Excel and Power BI, and why you need to support your IT projects with BPR (business process reengineering) tools.
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3 | 2 | Master |
Autumn semester 2021/2022
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COURSE CODE |
COURSE NAME |
ECTS |
HR/W |
LEVEL |
Prerequisite |
|---|---|---|---|---|---|
|
GTI22AN103EN |
This course gets participants acquainted with the functioning of business organizations, as fundamental units of economy and society. Students will learn about the characteristics of human work in organizations, understand the behavior of leaders and subordinates, peculiarities of group work in work settings as well as design and cultural aspects of an organization as a whole. Applicable management methods and tools with their expected effects will also be covered within the different topics. Students will develop their knowledge, for example, in terms of organizational structure and culture, motivation, leadership, and management theories.
|
6 |
4 |
Bachelor |
|
|
GTI21AN101EN |
The objective is to enable students to understand the impact of marketing orientation on organizational behaviour and to learn about the related tasks and tools. The course gets students acquainted with the core concepts and tools of marketing starting with answering the question ’what is marketing?’ To put it simply, marketing is engaging customers and managing profitable customer relationships, so the aim of marketing is to create value for customers in order to capture value from customers in return. Secondly, the course discusses the steps of the marketing process from understanding customer needs by the methods of gathering information and market research, through designing customer value-driven marketing strategies and integrated marketing programs, building customer relationships to capturing value for the organization. Marketing tools, from product policy to branding, pricing strategies, and sales to marketing communications will be presented. The major trends and forces affecting marketing e.g. trends in digital, mobile, and social media are presented for each topic.
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6 |
4 |
Bachelor |
|
|
GTI24AN104EN |
The primary objective of the course is to develop the understanding of financial accounting information for decision-making and the discussed case-studies focus on the role of financial accounting in communicating business performance. A specific aim of the course is to develop the participants’ skills in producing and using accounting information in real-life business situations.
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6 |
4 |
Bachelor |
|
|
GTI91AN102EN |
Review of elementary functions, their graphs and applications. Linear, quadratic and power functions. The exponential and logarithmic functions. Composition of functions. Mathematical models.
Limits of functions and continuity. The number e. Differential calculus of real-valued functions. The concept of the derivative at a point and its interpretation as rate of change, as slope and as a linear approximation. The derivative functions. Derivatives of the power, exponential and logarithmic functions. Differentiation rules. Applications of the derivative. Increasing and decreasing functions, optimal values. Percentage changes: the logarithmic derivative and elasticity. Functions of several variables. Partial derivatives and local optimum. Level curves, optimum problems with constraints. The definite integral as area. The fundamental theorem of calculus. Indefinite integrals. Improper integrals. Applications of the definite integral to probability. |
6 |
6 |
Bachelor |
|
|
GTI93AN106EN |
The primary aim of the course is to get students acquainted with the basic definitions of psychology. The course also focuses on the leading schools of psychology and the critical understanding of their interrelations, with special attention to the psychological theories related to the economy.
1. Sensation and perception. The Ames-room. Ecological validity. The James-Lange theory and its limitations. 2. The basic forms of learning. Classical and operant conditioning, learned emotions, learned helplessness, basics of positive psychology. 3. The nature of psychological measurements. IQ, creativity, EQ, big five. 4. Altered states of consciousness. Non-rational but still smart thought. 5. Complex learning, the STM-LTM model. Levels of competence, logistic growth, the notion of talent. 6. Motivations, cognitive dissonance, loyalty, money the motivator. 7. Self-defence mechanisms, resilience, PTG, antifragility, smart simplicity, magic spells, second-order changes. 8. The proofs of the existence of unconscious, Freud’s theory: validity and limitations. The basics of behavioural economics |
3 |
2 |
Bachelor (Master) |
|
|
GTI21AN105EN |
The course introduces the students – through lectures and related seminars – to the theories of the relation between individual and the society with special emphasis on social practices in business life. Students get acquainted with the basic elements and procedures of social psychology, famous experiments, ethical implications of actions, and the mechanisms to which humans are necessarily exposed in social situations. The course serves as a basis for several other classes in business and economics.
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3 |
2 |
Bachelor (Master) |
|
|
GTI92AN307EN |
This course introduces the foundations of macroeconomics. We start with the basic concepts in macroeconomics and the very notion of economic modelling, endogenous and exogenous variables. After that, we discuss the characteristics of the major macroeconomic indicators (such as the GDP, inflation, and unemployment). We deal with the theories of short-term economic fluctuations in details. We investigate the mechanisms of aggregate demand via the IS-LM models both in closed and open economies. After modelling aggregate demand, we switch to the theories of aggregate supply. We introduce the Phillips curve. We also discuss the interface of economic policy and macroeconomics. In the frame of the latter, we introduce how the different schools of economic policy relate to the toolkits of fiscal and monetary policies. We also present the advantages and disadvantages of rule-based and discretionary decision- making in economic policy. Finally, we discuss the concept of microeconomics-based macroeconomics.
|
3 |
2 |
Bachelor |
|
|
GTI22AN303EN |
This course is specifically designed for non-law students. Its objective is to demonstrate using examples how rational business decisions are to be made in a legal environment. The operation of the basic legal institutions is discussed in an international, global context.
Legal studies deal with many aspects of our everyday life. What are the unalienable rights of men? What is private property? What should free trade mean? The course enables students to recognize legal problems (not to solve them), to understand the approaches and attitude of lawyers (judges), to be able to read basic legal documents (not to write), to make business decisions, and argue with regard to basic legal aspects, to carry out business negotiations with regard to basic legal aspects. |
6 |
4 |
Bachelor (Master) |
|
|
GTI21AN306EN |
The course improves the participants’ argumentative and rational conflict management skills and helps them develop a critical and reflective attitude. We are going to study the central logical, argumentation-theoretic, and rhetorical concepts and apply them to real-life dialogues. We are going to pay special attention to those aspects of argumentation which are particularly important in business settings like negotiation, decision making, and selling.
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3 |
2 |
Bachelor (Master) |
|
|
GTI24AN309EN |
Have you ever wondered how the stock price of a company is determined? Have you witnessed some recent rallies or plummets in stock prices and feel you might have missed out? Building on the principles acquired in Corporate Finance I., here you will learn the methodology of stock valuation based on the firms’ fundamentals. This is no wizardry as many investment advisors would present it but is rather a question of following a series of rigorous logical steps, grounded on facts and science. Besides the necessary theory, you will be walked through real-life examples step-by-step from start to finish, with links to the various data sources. After mastering this course, you will understand the mechanics behind, and thus surely become a more confident investor with significantly less FOMO when seeing swings in stock prices. This knowledge will also come in handy when deciding about corporate acquisitions outside the stock market.
|
3 |
2 |
Bachelor |
Finance / Microeconomics |
|
GTI23AN302EN |
This course aims to acquaint students with the basic international economic and financial issues. During the classes, students learn about the macroeconomic theory and policy of open economies. We discuss the background of international financial flows and the key contexts and concepts of balance of payments statistics. Lectures address the theme of the exchange rate policy, and also the issues of the eurozone. We deal with the capital market actors, the development of financial markets, and with international funding. Finally, we look into financial disturbances, crises, and crisis management.
|
6 |
4 |
Bachelor |
Finance / Microeconomics |
|
GTI23AN308EN |
This course introduces the main concepts, mechanisms, and areas of foreign economic policy. The major goal is to equip students with the knowledge necessary for the successful management of international finances, commerce, and business both at the enterprise and the government level. Building on the foundations of economic policy and international economics, we aim to offer a practice-oriented approach which, beyond the theoretical basis, also pays special attention to the newest empirical results regarding the individual topics.
After the introduction of the main goals, concepts, and schools of foreign economic policy, we discuss two crucial aspects of the international political and economic environment of national economic policies: globalization and regional economic integrations. We investigate the tendencies of economic development in the latest century focusing on inequality both between and within countries. The course continues with the discussion of foreign trade with a special focus on its potentials in enhancing economic growth. We also investigate the main aspects of international competitiveness and the related dilemmas of measurement. Regarding foreign direct investments, the emphasis is set on the policies and institutions which are meant to attract multinational companies, on the one hand, and the role of FDI in economic catching-up, on the other hand. The typical institution of foreign economic policy–such as national investment agencies, export-import banks etc.–are also discussed. The course also introduces the characteristics of foreign economic relations and policies in Hungary during the last decades. |
6 |
2 |
Bachelor |
Macroeconomics |
|
GTI24AN314EN |
The purpose of the module is to provide the skills and knowledge necessary for students to analyse, interpret and criticise accounting information. The objective of the module is to extend the scope of using financial information for both external and internal purposes. The prerequisite of the module is accounting knowledge. The module also includes an introduction to auditing.
|
6 |
4 |
Bachelor (Master) |
Corporate finance |
|
GTI23AN508EN |
This course introduces the basics of econometric analysis. We deal with cross-sectional and time-series analyses. The course starts with the foundations of classical multiple linear regression models. After that, we present the tools of model building and the choice between nested models. The discussion is continued with the requirement of spherical disturbances in classical linear models and the treatment of heteroskedastic error terms by robust standard errors and generalized least squares. We also deal with models which are non-linear in their explanatory variables. We discuss the topic of nominal explanatory variables and their incorporations into regression models. The cross-sectional part is closed with the instrumental variable regressions.
The second half of the course focuses on the basics of time-series analysis. We start with the deterministic time series analysis. After that, we discuss the analysis of univariate stochastic processes. In the frame of the latter, we introduce the characteristics of stationary and nonstationary processes, the related tests and methodological implications, the Box-Jenkins method of ARIMA modelling, and the forecast based on ARIMA models. Finally, we deal with the basic concepts and methods of regression of time-series including the notion of cointegration, and the error correction and VAR representations. |
6 |
4 |
Bachelor |
Business Statistics |
|
GTI92AN804EN |
The course focuses on different schools and methods in the complex field of cultural anthropology. In reviewing different subdisciplines of cultural anthropology throughout the semester, the course - after the general introductory sessions - concentrates on issues of psychological, aesthetical, linguistic, legal, and medical anthropology. The general structure of the course is that in the first class dealing with each topic offers a theoretical overview, while the second class is focusing on case studies, researches, and debates. The aim is to demonstrate the cultural anthropological viewpoints and approaches in connection with the above-mentioned topics. The objective of the course is to familiarize students with different subfields of cultural anthropology and to help the application of an anthropological understanding of current societal issues.
|
3 |
2 |
|
|
|
GTI22AN811EN |
The course is designed for non-law students. So the classes focus on the understanding of the legal background for states to business negotiations at an international level. The main topic of the International Trade Law Course is the operation of the WTO, the dispute settlements, the considerations of states entering trade treaties, and the enforcement thereof. The objective is to demonstrate how rational business decisions are to be made in a legal environment and what kind of issues are to be considered in the decision-making. The course focuses on cases, explanations, argumentations, and interpretations necessary for a manager in the business decisions. Students are welcome to discuss issues in class.
|
3 |
2 |
Bachelor (Master) |
|
| GTI21AN821EN |
The course offers an introduction to the growing literature on expertise and transdisciplinary research and innovation strategies. Topics include the ‘public understanding of science’, the ‘fractal model of expertise’, as well social and cognitive biases, 21st century skills, and all the tools you need to survive in a post-truth world. The covered problem-spaces will be illustrated with case studies, ranging from ‘wicked problems’ for sustainable development, through crisis-response in pandemic to pseudoscience, and more. The lectures trigger reflection of the students on their worldviews and epistemologies, on their understanding of the nature of science, and difficulties to make decisions under deep uncertainty. Students by the end of the course will have improved their ability to interpret information relevant for (business) decision making by a deeper understanding of media-mechanisms, the nature of science in society, and the challenges of picking reliable expertise to solve complex problems.
|
3 | 2 | ||
| GTI24AN817EN |
The course explains the essential characteristics of financial markets and financial intermediaries. The subject is divided into two parts. In the first part, students learn investments, including different portfolio management theories. The primary goal of the first part is to show the complexity of the relationship between risk and expected return. The second part provides insight into financial intermediation, lending activities, and project financing. Students understand different types of risks and how they are managed by financial intermediaries.
|
6 | 4 | Master | |
| GTI22AN509EN |
The course aims to get students acquainted with the challenges and difficulties of running and leading organizations. Participants will learn about the basic concepts of strategic management, managerial decision-making, management consulting, and organizational development. This course also provides students with the theoretical knowledge and technical skills to manage diverse personalities and solve workplace conflicts. Finally, participants will get to know the modern management theories and their lessons. Through the theoretical and practical knowledge acquired in this course, students will be able to use management tools, analyze organizations and treat different organizational areas as a system.
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6 | 4 | Master | |
| GTI92AN805EN |
Don’t be turned off by the word “politics”! Our ability to solve our common problems lies in our capacity for politics. In this course we will learn about the processes, ideas, institutions and skills that make for able and aware citizens and capable democratic polities. We will challenge each other to think critically and knowledgeably about politics and to become engaged participants in democratic life. To that end we will not only do a course together, but be part of a conversation on how best to improve our societies and our world.
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3 | 2 |