University of Szeged, Faculty of Economics and Business Administration

What University of Szeged, Faculty of Economics and Business Administration does

The University of Szeged, Faculty of Economics and Business Administration (SZTE GTK) is a public higher education faculty in Szeged, Hungary, with roots dating to 1922, operating as a constituent faculty of the University of Szeged (Szegedi Tudományegyetem) since the 2000 merger. It delivers a comprehensive portfolio of programs in economics, business administration, finance, marketing, business analytics, and tourism-hospitality across undergraduate, graduate, doctoral, and continuing education levels, supported by five specialized research institutes (International Economics and Business, Finance and Business Analysis, Economics and Economic Development, Business Sciences, and Ecological Economics). The English-language Business Administration BSc program holds EFMD international accreditation, placing it among only three Hungarian universities and 112 European programs with this distinction.

The faculty's business model is built on three revenue streams: Hungarian state-funded higher education places, tuition from cost-reimbursement programs (a structural shift since 2012), and corporate scholarship funding channeled through 19 corporate partners and the Ökonómia Közhasznú Alapítvány (Public Benefit Foundation). Technology infrastructure relies on standard university-wide administrative platforms (CooSpace for learning management, Modulo for student administration, Neptun for academic records, and ETR for electronic registration) with no public API exposure. Internationalization is pursued via Erasmus+ exchanges, double-degree partnerships with FernUniversität in Hagen (Germany) and Normandy Business School (France), and EUGLOH consortium participation. The faculty also runs talent development programs (EcoCamp summer camp, GTK Tehetség scholarship program) and the ECOdemia professional event series targeting regional business leaders, co-organized with CIB Bank and the Csongrád County Chamber of Commerce.

Name

University of Szeged, Faculty of Economics and Business Administration

Legal name

Szegedi Tudományegyetem

Website

https://eco.u-szeged.hu

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

The University of Szeged Faculty of Economics and Business Administration (SZTE GTK) is a public higher education faculty in Szeged, Hungary, delivering BSc, MSc, PhD, and continuing education programs in economics, business, and finance, supported by five research institutes, EFMD-accredited programs, and international double-degree partnerships.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro primary industry

International Business & Global Management Schools (EDAHAHAJ)

Keywords

• Higher education services
• Economics degree programs
• Business administration education
• Doctoral research programs
• Continuing professional education

Headquarters

HQ city

Szeged

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. State-funded education: Hungarian state-funded higher education places (állami ösztöndíjas helyek) for students meeting admission criteria, funded by government higher education budget.
2. Tuition fee revenue: Cost-reimbursement (önköltséges) programs where students pay tuition fees. Since 2012, the Szeged economics program became cost-reimbursement based for certain programs.
3. Corporate partnerships and sponsorships: Companies sponsor student scholarships (19 companies currently support scholarship holders). The Ökonómia Közhasznú Alapítvány (Public Benefit Foundation) collects donations and 1% of income tax contributions to support students.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The University of Szeged Faculty of Economics and Business Administration delivers degree and non-degree higher education programs in economics, business administration, finance, management, marketing, international business, and tourism-hospitality across BSc, MSc, PhD, and continuing education levels. Teaching, research, and knowledge transfer are organized through five specialized research institutes, with international pathways including double degrees with European partner universities and Erasmus+ exchanges.

Product overview

The University of Szeged Faculty of Economics and Business Administration (SZTE GTK) offers a comprehensive educational portfolio comprising undergraduate (BSc), graduate (MSc), doctoral (PhD), and continuing education programs. The faculty operates through five research institutes (International Economics, Finance and Business Analysis, Economics and Economic Development, Business Sciences, and Ecological Economics). Key programs include the EFMD-accredited English-language Business and Management BSc, double degree programs with Hagen Open University (Germany) and Normandy Business School (France), and specialized talent development programs such as EcoCamp (summer camp for high school students) and GTK Tehetség (scholarship program). The faculty also organizes professional development events through the ECOdemia series targeting regional business leaders.

Differentiator

Problem solved

Functional benefit

Products and services

• Business and Management BSc (Gazdálkodás és Menedzsment Alapszak)
• Doctoral School of Economics (Közgazdaságtani Doktori Iskola)
• Specialized Continuing Education Programs (Szakirányú Továbbképzések)
• Double Degree Program (Kettős Diploma Program)
• GTK Tehetség (GTK Talent)
• EcoCamp
• ECOdemia Summer University (ECOdemia Nyári Egyetem)
• econo-MIX - Leading business for success

Quantifiable outcome

• EFMD accreditation for BSc program - only 3 Hungarian universities and 112 European programs hold this recognition

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• CIB Bank ZRt.coreStrategic or Co-development Partner · 2 July 2013CIB Bank co-organizes the ECOdemia Summer University event series with GTK and the Csongrád County Chamber of Commerce and Industry, focusing on economic education for regional business leaders.
• Csongrád Megyei Kereskedelmi és IparkamaracoreStrategic or Co-development PartnerCsongrád County Chamber of Commerce and Industry partners with GTK and CIB Bank to co-organize the ECOdemia Summer University, providing a platform for knowledge sharing between academia and regional businesses.
• Philip Morris Magyarország Kft.minorGTM or Marketing PartnerPhilip Morris sponsors the econo-MIX business simulation competition for university students, offering career opportunities for top performers and supporting practical business education.
• IFUA Horváth & Partners Vezetési és Informatikai Tanácsadó Kft.minorStrategic or Co-development PartnerIFUA Horváth & Partners contributes to ECOdemia Summer University events, presenting research findings on crisis management and corporate experiences for regional business audience.
• L'Oréal HungaryminorGTM or Marketing PartnerL'Oréal sponsors the REVEAL online business simulation game for students, offering internship positions and career opportunities to top performers.
• FernUniversität in Hagen (Hagen Distance University)coreStrategic or Co-development PartnerDouble degree program allowing students to study at SZTE GTK and earn a German degree from FernUniversität in Hagen, enhancing international credentials.
• Normandy Business SchoolcoreStrategic or Co-development PartnerJoint diploma program enabling students to receive credentials from both SZTE GTK and the French Normandy Business School, contributing to enhanced competitiveness.
• EUGLOH (European University Greater Lille Open Horn)minorStrategic or Co-development PartnerErasmus+ university consortium for student exchanges and joint international activities.
• Arizona State UniversityminorStrategic or Co-development PartnerPartner in the Smile Project (Mosoly Projekt) initiative, combining academic collaboration with community engagement and media partnership with Rádió 88.
• Ökonómia Közhasznú AlapítványminorGTM or Marketing PartnerPublic Benefit Foundation supporting GTK students through scholarship programs, funded by donations and 1% income tax contributions from supporters.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Corvinus University of Budapest: Hungary's leading economics and business university; directly competes with SZTE GTK for Hungarian economics and business students and offers the same BSc/MSc/PhD portfolio in business administration and management.
• University of Debrecen Faculty of Economics and Business: Hungarian public university economics faculty with comparable BSc/MSc programs in business administration, finance, and management, competing for both domestic and Erasmus students.
• University of Pécs Faculty of Business and Economics: Another major Hungarian regional university faculty delivering economics and business programs; competes with SZTE GTK for regional and international students across southern Hungary.
• Budapest Business School (BGE): Largest Hungarian applied-economics higher education institution with business and management programs; shares the same applicant pool and corporate-employer relationships as SZTE GTK.

Emerging players

• FernUniversität in Hagen: German distance-learning university and SZTE GTK double-degree partner; comparable academic scope in economics/business with alternative delivery model (distance learning).
• Normandy Business School: French business school and double-degree partner with SZTE GTK; delivers comparable management education at undergraduate and graduate levels through a similar applied/professional orientation.

Broad incumbents

• WHU – Otto Beisheim School of Management: Elite German business school holding EFMD-equivalent accreditations; broad incumbent in European management education and benchmark for SZTE GTK's EFMD-accredited BSc program.

Regional players

• Szent István University (now MATE) Faculty of Economics and Social Sciences: Another Hungarian regional economics faculty within a public university structure; shares governance and operating model with SZTE GTK under Hungarian higher education regulation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCss01eG5wJEWfdiA-RYxJZA
• Facebookfacebook.com/GTK.SZTE
• LinkedInlinkedin.com/company/university-of-szeged-faculty-of-economics-and-business-administration
• Instagraminstagram.com/szte.gtk

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about University of Szeged, Faculty of Economics and Business Administration