Budapest Business School

What Budapest Business School does

Budapest Business School (Budapesti Gazdaságtudományi Egyetem, BGE) is Hungary's oldest business and economics educational institution, founded in 1857 as the Pesti Kereskedelmi Akadémia. It operates as a private non-profit higher education institution since August 2021 under Act X of 2021, governed by the Budapesti Gazdaságtudományi Egyetemért Alapítvány, and was elevated from college to full university status in February 2025. The university serves approximately 20,000+ students through four faculties — Finance and Accounting (PSZK), International Business (NGK, established August 2025), Management (MK), and Marketing and Business Communication (MÜKK) — delivering bachelor, master, doctoral, and continuing/adult education programs. The practice-oriented curriculum is delivered across four Budapest campuses (Downtown, Zugló, Berzsenyi, and Markó headquarters) with central administration managed through the Neptun student information system.

Revenue is generated through five streams: domestic state-funded and self-funded tuition, international student tuition (including Stipendium Hungaricum scholars), continuing education and language certification (BGE Nyelvvizsgaközpont), EU and national research grants (Erasmus+, Visegrad Fund, RDI programmes), and administrative/examination fees. Pricing is subscription-based per semester for degree programs, with separate fee structures for continuing education and scholarship-covered international students. The university maintains 300+ international university partnerships for student exchange and dual degrees, 150+ corporate partner relationships (including EY, KPMG, Bosch, Ford, Wizz Air, OTP Bank, Citi, and Kempinski), and an active BGE Alumni network that supports career placement. Proprietary technology includes an Ecological Footprint Calculator for Hungarian SMEs, the AI-supported BGE-Bosch smart laboratory in Hatvan, electronic nose food research capability, and a student-developed craft beer series commercialized through One Beer guerrilla brewery. Recognition includes UN PRME Champion status for three consecutive years (2023–2026) and FISU Healthy Campus Bronze certification (2025).

Name

Budapest Business School

Legal name

Budapesti Gazdaságtudományi Egyetem

Website

https://uni-bge.hu

Company type

Private

Founded year

1857

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Budapest Business School is Hungary's oldest business and economics university, serving over 20,000 students across four faculties with practice-oriented bachelor, master, doctoral, and continuing education programs delivered through four Budapest campuses and supported by 150+ corporate and 300+ international university partners.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (611310), Colleges, Universities, and Professional Schools (61131), Colleges, Universities, and Professional Schools (6113), Professional and Management Development Training (61143), Business and Secretarial Schools (61141)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Business & Management Research Universities (EDAHABAE)

akta.pro secondary industries

International Business & Global Management Schools (EDAHAHAJ), Technical Universities with Entrepreneurship & Incubation Focus (EDAHAEAH), Online Professional Schools (MBA/MPA/MPH/Etc.) (EDAHALAE), Online International & Cross-Border Universities (Global/Transnational Providers) (EDAHALAL), Marketing, Sales & Brand Management Schools (EDAHAHAE)

Keywords

• Higher education
• Business education
• Undergraduate programs
• Postgraduate specializations
• Continuing professional development

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Domestic Student Tuition: State-funded and self-funded undergraduate and graduate programs for Hungarian students. Revenue from tuition fees for self-funded programs and state subsidies for funded positions.
2. International Student Programs: Tuition fees from international students including degree programs and exchange students, supported by Stipendium Hungaricum scholarship program and bilateral agreements.
3. Continuing Education and Adult Training: Revenue from professional development courses, specialized training programs, language courses through BGE Nyelvvizsgaközpont, and adult education offerings.
4. Research and Project Funding: EU-funded research projects, national research grants, and international collaborative project funding including Erasmus+ programs and other international research initiatives.
5. Student Services and Fees: Various student fees including examination fees, certification fees, and administrative charges through the Neptun system.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Budapest Business School is a Hungary-based university of applied sciences delivering practice-oriented higher education through four faculties covering finance and accounting, international business, management, and marketing and business communication. It offers bachelor's, master's, doctoral, higher-education vocational, postgraduate specialization, and adult education programs to roughly 20,000+ students on multiple Budapest campuses, supplemented by international exchange, continuing education, corporate training, and research collaborations funded through EU grants such as Erasmus+.

Product overview

A Budapesti Gazdaságtudományi Egyetem (Budapest Business School, BGE) Magyarország vezető gazdasági egyeteme, amely 2025 óta Gazdaságtudományi Egyetemként működik. A BGE négy kar köré szerveződik: Pénzügy és Számvitel Kar (PSZK), Nemzetközi Gazdálkodás Kar (NGK), Menedzsment Kar (MK), valamint Marketing és Üzleti Kommunikáció Kar (MÜKK). Az egyetem alap- és mesterképzéseket, felsőoktatási szakképzést, szakirányú továbbképzést és felnőttképzést kínál gyakorlatorientált megközelítéssel. Emellett innovációs és kutatási programokat is működtet, mint a BGE-Bosch AI-támogatott okoslabor, a Hungarian Startup University Program (HSUP), a hallgatói fejlesztésű BGE sörsorozat, valamint a DEDYCATING Erasmus+ projekt podcast-sorozata ESG és mesterséges intelligencia témákban. Az egyetemhez kötődik a Pro Gastronomia díj, és számos nemzetközi projektben vesz részt.

Differentiator

Problem solved

Functional benefit

Products and services

• Bachelor's Degree Program in Finance and Accounting (Alapképzés) Undergraduate bachelor's program in Finance and Accounting offered in Hungarian and English, part of the Faculty of Finance and Accounting (PSZK) and successor to Hungary's oldest financial and accounting educational institution (founded 1857). Designed for students seeking finance and accounting education.
• Master's Degree Programs in International Business and Tourism Master's-level programs in international economics, international studies, tourism management, and economics teacher training offered by the International Business Faculty (NGK) for graduate students seeking advanced specialization in international business and tourism disciplines.
• Hungarian Startup University Program (HSUP) Hungary's largest university-student-focused innovation and entrepreneurship development program, coordinated by the National Innovation Agency and delivered under the professional leadership of the BGE Management Faculty's Department of Entrepreneurship and Innovation as a two-semester course. Designed for students who want to develop startup and innovation skills.
• AI-Supported Smart Laboratory (BGE-Bosch Okoslabor) Joint AI-supported research and education laboratory in Hatvan developed with Bosch, applying artificial intelligence technologies for practical education and research in automation, digitalization, and Industry 4.0. The first such laboratory in Hungary, available to students and research partners.
• Ökológiai lábnyom kalkulátor (Ecological Footprint Calculator for SMEs) Sustainability measurement tool developed by BGE to help Hungarian small and medium-sized enterprises (KKV-k) measure and track their environmental impact and sustainability performance. Aimed at SMEs wanting to assess and improve their sustainability footprint.
• 21-day Challenge (21 napos kihívás) Sustainable Development Goals Module Interactive educational module consisting of 17 short thematic videos related to UN Sustainable Development Goals, developed under the ERASMUS+ ISSUE project. Delivered through gamified learning experiences to raise students' awareness of sustainability topics.
• BGE Student-Developed Beer Series (Hallgatói fejlesztésű sörsorozat) Student-developed craft beer series produced through the 'Magyar sörkultúra' (Hungarian Beer Culture) course where students create beer recipes commercialized through collaboration with the One Beer guerrilla brewery. Combines hospitality education with product development.

Quantifiable outcome

• Market leader in economics and business education in Hungary
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

13 partnerships are on record, tiered core and minor.

• FordcoreStrategic or Co-development Partner · 2 October 2025Ford Classroom opened at BGE Zugló Campus, representing elevated level of cooperation between university and corporation. Includes potential for joint programs, industry insights, and student opportunities.
• General corporate partners (150+ companies)coreChannel Partner/ Reseller/ Distributor · 22 September 2025Over 150 companies participate in BGE's annual career fair and ongoing recruitment activities, providing internships, job opportunities, and industry partnerships for students across all faculties.
• EventrendminorStrategic or Co-development Partner · 17 September 2025Partnership providing shared space and professional programs to support BGE students. Eventrend offers practical training opportunities and industry exposure in the event management sector.
• Wizz AircoreStrategic or Co-development Partner · 18 March 2025Cooperation agreement for student development, career opportunities in aviation industry, and potential curriculum development in tourism and hospitality management.
• Kempinski Hotel Corvinus BudapestminorStrategic or Co-development Partner · 1 March 2025Corporate partner for BIP 'Social Sustainability and Wellbeing' program, providing real-world sustainability challenges for international student projects.
• Magyar Kereskedelmi és Vendéglátóipari Múzeum (Hungarian Museum of Trade and Hospitality)minorStrategic or Co-development Partner · 16 November 2024Cooperation between BGE KVIK and the museum for joint research, educational programs, and preservation of hospitality industry heritage in Hungary.
• EY (Ernst & Young)coreStrategic or Co-development Partner · 7 November 2024Strategic cooperation agreement between BGE and EY for joint educational initiatives, corporate mentorship, student internships, and professional development programs. EY provides industry expertise and career opportunities for BGE students.
• KPMGcoreStrategic or Co-development Partner · 10 September 2024Strategic partnership agreement for collaborative educational programs, student mentorship, research initiatives, and professional development. KPMG engages with BGE students for recruitment and industry projects.
• OTP BankcoreStrategic or Co-development Partner · 14 September 2023OTP Bank and BGE launched Corporate Mentor Program to provide students with industry mentorship, career guidance, and professional development support from banking sector professionals.
• BoschcoreStrategic or Co-development Partner · 20 April 2023Joint AI-supported smart laboratory in Hatvan focusing on Industry 4.0 technologies. The lab combines BGE's educational expertise with Bosch's industrial technology for practical student training in automation and digitalization.
• Citi MagyarországcoreStrategic or Co-development Partner · 27 February 2020BGE and Citi established a new Corporate Department at the International Trade Faculty to provide specialized education in banking and financial services with industry input.
• One Beer (Guerrilla Brewery)minorStrategic or Co-development PartnerCollaboration where One Beer mentors BGE students in the 'Magyar sörkultúra' (Hungarian Beer Culture) course, helping develop student beer recipes into commercial products sold in the market.
• International University Consortium (300+ partner universities)coreStrategic or Co-development PartnerExtensive network of international university partnerships for student exchange, double degree programs, joint research, and Blended Intensive Programs (BIP). Partners include universities across Europe, Asia, and other regions.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Corvinus University of Budapest: Hungary's premier research university for economics, business, and social sciences. Directly comparable as the leading domestic competitor in business and management higher education, competing for the same students, faculty, and corporate partnerships.
• University of Debrecen: One of Hungary's largest comprehensive universities with strong economics and business programs. Comparable in scale (multi-campus, tens of thousands of students) and competes for domestic and international students in business disciplines.
• University of Pécs: Hungarian public university with established economics and business faculties offering undergraduate and graduate programs. Comparable as a multi-faculty Hungarian higher education institution competing for the same domestic student pool.
• Óbuda University: Budapest-based Hungarian university with business, management, and economics programs. Comparable as a Hungarian higher education institution offering similar business-related degrees and competing for Budapest-based students and corporate partnerships.

Regional players

• Széchenyi István University: Hungarian university in Győr with business and economics programs. Comparable as a domestic peer offering business education outside Budapest; absorbed BGE's former Zalaegerszeg faculty in 2020, making it a structural counterparty.
• University of Economics, Prague (VŠE): Leading Czech business school with strong regional brand in Central Europe. Comparable as a Visegrad-region business university with similar international student focus and English-language program portfolio.
• Kozminski University: Top-ranked private business school in Warsaw, Poland. Comparable as a Central European private business-focused higher education institution with strong international orientation and corporate engagement.
• Hungarian University of Agriculture and Life Sciences (MATE): Hungarian university with business and economics programs tied to agriculture and food. Comparable as a Hungarian higher education institution competing for international students, with overlapping tourism and hospitality programs.

Broad incumbents

• Vienna University of Economics and Business (WU): Austria's largest business and economics university and one of Europe's leading institutions. Comparable as a regional business university with international programs and corporate ties, though at substantially larger scale and prestige.
• Budapest University of Technology and Economics (BME): Hungary's leading technical university with business informatics and management programs. Comparable as a Budapest-based comprehensive university competing for top students and industry partnerships in Hungary.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/bgengk
• Instagraminstagram.com/bge_ngk

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Budapest Business School