AIFS Abroad

AIFS Study Abroad in Budapest, Hungary
Fall 2018 & Spring 2019
Course Descriptions

   

All students are required to take a 3-credit Hungarian language class. Courses taught in English can be selected in art, art history, business, communications, economics, finance, international relations, law, politics, psychology and sociology.

Hungarian Language (mandatory)

Course Code and Credits: LNG 105 (3)
Course Title: Hungarian for Beginners
Course Description:
This course is offered for students who want to acquire a basic command of the Hungarian language which would help them to obtain simple information and to express their requests and/or messages in a simple form. The course is also recommended for students who need only so-called “survival Hungarian”.

Arts

Course Code and Credits: ART 300 (3)
Course Title: Contemporary Literature, Film, Visual Arts in Hungary
Course Description:
The aim of the course is to present how recent history of Hungary is reflected in literature, film and visual arts. The course offers an overview of the 20th century history of Hungary, as well as looking for traces of history in the urban spaces of Budapest by visiting important locations and intriguing institutions and discussing contemporary issues and critical societal visions.
Course Code and Credits: HIS 293 (3) (Fall only)
Course Title: Communism in East-Central Europe
Course Description:
This course is designed to examine the rise and fall of Soviet domination in the countries of East-Central Europe after 1945. The primary focus will be on Hungary and we will investigate the Sovietization of the country, the Stalinist political and social system, the phase of state socialism, everyday life during communism and the period of the transition to democracy.
Course Code and Credits: HIS 352 (3)
Course Title: Film and History
Course Description:
This course is designed as a general survey of the history of Central Europe in the 20th century as well as trends and events in Hungary. Special attention will be paid to visual representation and to understanding historical events, trends and personalities through film analysis.
Course Code and Credits: HIS 445 (3)
Course Title: History of Modern Europe
Course Description:
This course aims to provide an overview of the history of twentieth century Europe. A focus will be on Central Europe, in particular Hungary, and on the way how major West European states and the superpowers influenced and shaped political and economic developments in Central and East-Central Europe, transition from communism and integration with Europe.

Business, Marketing and Management

Course Code and Credits: ACC 191 (3) fall only
Course Title: Elements of Accounting
Course Description:
The course will include foundations, techniques and basic items of the financial statements such as: inventories, property, plant and equipment, receivables – payables, corrections, revenue recognition, etc. Although the course is not designed to explain a specific set of accounting regulation, the specific Hungarian rules will be discussed in brief.
Course Code and Credits: ACC 314 (3) fall only
Course Title: Managerial Accounting
Course Description:
This course is designed to develop knowledge and understanding of principles and concepts relating to managerial accounting and explain how to use the available techniques such as costing methods, preparing of reports for managers.
Course Code and Credits: BUS 276 (3) fall only
Course Title: Business Economics
Course Description:
In this course, students will receive an introduction into marketing in the areas of marketing research, product development and pricing, distribution, and promotion, and learn the fundamentals of management including leadership styles and skills, planning, organizing, controlling, directing, evaluating, and motivating. Human resources management and the effect of current technology on management will also be presented.
Course Code and Credits: BUS 435 (3)
Course Title: Business Enterprise - Start-up to SME
Course Description:
This course covers the characteristics students would need to develop to be successful in business and how new or existing businesses generate their product or service ideas and test them through market research.
Course Code and Credits: BUS 436 (3)
Course Title: SME Marketing
Course Description:
Students in this course will study and understand marketing theory and practice, and learn how to apply their marketing knowledge and skills to real life problem solving situations by creating marketing action plans for SME organizations.
Course Code and Credits: BUS 439 (3)
Course Title: Business Policy and Strategy
Course Description:
The course will teach strategic management process as an objective, logical, systematic approach for making major decisions in an organization. The students will be exposed to subjects such as choosing intuitive and analytic approaches to decision-making and managers’ strategic-management analyses at all levels of an institution.
Course Code and Credits: BUS 489 (3) fall only
Course Title: Electronic Commerce
Course Description:
The basics of electronic commerce (EC) are described by focusing on various business relationships, and on related marketing, managerial and strategic issues. The most important EC applications, such as buying and selling goods, services and information and the most challenging approaches to doing business electronically are discussed.
Course Code and Credits: BUS 498 (3)
Course Title: Business Ethics
Course Description:
The course will familiarize students with basic philosophical concepts and principles of ethics; understand and analyze the ethical dimensions of everyday business practices and help students become more aware of their own moral beliefs as well as the beliefs of others.
Course Code and Credits: BUS 499 (3)
Course Title: Corporate Social Responsibility and Social Entrepreneurship
Course Description:
The aim of this course is to provide a creative environment for testing ideas on the controversies and complexity of Corporate Social Responsibility (CSR) and Social Entrepreneurship. Students learn about the diverse background of CSR (corporate philanthropy, business ethics, strategic management, etc.), the various existing – and often competing – approaches to this management concept by looking at best and worst business examples.
Course Code and Credits: IEC 483 (3) spring only
Course Title: Tourism Management and Marketing
Course Description:
There will be an analysis of the policy and stakeholder frameworks for tourism that governs its management on an international, regional and local scale, as well as the business and industry decisions that affect its development. The course will include an overview of the tools and techniques that are used to manage and market tourism, the relationship between tourists and local residents, and the role of tourist behavior and education.
Course Code and Credits: MAN 479 (3)
Course Title: Environmental Management
Course Description:
The course is planned for students who, while not specialists in environmental issues, would like to receive insight into causes of environmental problems and the possible corrective actions that can be taken at company level.
Course Code and Credits: MAN 481 (3) spring only
Course Title: Organizational Behavior
Course Description:
The purpose of this course is to provide the student with theories and concepts to enable understanding of the behavior of individuals, groups and organizations in today’s global business environment. The interactions between elements of the organization as well as personality, leadership, motivation, job satisfaction, individual performance to achieve organizational effectiveness will be explored.
Course Code and Credits: MAN 485 (3)
Course Title: Human Resource Management
Course Description:
In this course, students will be provided with the technical background needed to be a knowledgeable consumer of human resource products and services, to manage HR effectively, or to be a successful HR professional. Above all, the course will emphasize how managers can more effectively acquire, develop, compensate, and manage the internal and external environment that relates to the management of human resources.
Course Code and Credits: MAR 370 (3)
Course Title: Marketing
Course Description:
This course is designed to provide students with an understanding of the main principals of marketing in the 21st century. The focus will be on analyzing and integrating elements of the marketing program and developing marketing decisions, the main objective being the development of profitable longterm customer relationships.
Course Code and Credits: MAR 432 (3)
Course Title: International Marketing
Course Description:
This course addresses global issues and describes concepts relevant to all international marketers with an environmental/ cultural approach and is designed to provide students with an understanding of different cultures and the role of cultural differences in international marketing practices. Throughout the course, a variety of country markets in various regions of the world will be discussed and a variety of different types of products and services will be addressed.
Course Code and Credits: MAR 475 (3) fall only
Course Title: Cross-Cultural Communication and Marketing
Course Description:
The focus of the course will be on discussing cultures, different theories of culture, country images, stereotypes and on analyzing specific countries from different points of view. In the second part of the course, the students will practice how to use this knowledge in evaluating companies’ international marketing activities and formulating intercultural marketing strategies.
Course Code and Credits: OPR 212 (3) spring only
Course Title: Decision Techniques
Course Description:
This course provides a multidisciplinary approach to the various organizational contexts where managers work. Problem structuring, modeling, decision-making and its techniques will be considered, with specific emphasis on their practical aspects. This course is intended for students in the various management disciplines.
Course Code and Credits: OPR 313 (3) spring only
Course Title: Operations Management
Course Description:
The focus of the course is on recognizing the tools that are appropriate for each situation and on mastering the use of the tools for analytical purposes. On completion of the course, the student should be able to identify, isolate, and critically analyze the individual and holistic systems within a business system or entity.

Communication

Course Code and Credits: COM 453 (3) fall only
Course Title: Effective E-Business Management
Course Description:
The course provides an introduction to the theory and practice of e-business and its applications. Upon completion, the students will be able to define main ideas behind e-commerce; consider the role of stakeholders in the e-commerce process; apply principles and key methods used in defining customer requirements and understand the structure and use of essential online marketing strategies.
Course Code and Credits: COM 485 (3) fall only
Course Title: Web Development
Course Description:
This course gives a comprehensive view of the client-side web development including the optimization of the webpages for the different browsers, resolutions and search engines. The students will learn HTML coding, webpage layouts and technique of using CSS and the main web developer tools, such as Adobe Dreamweaver CS5, FirstPage 2006 and Adobe Photoshop CS4.
Course Code and Credits: MAR 485 (3) spring only
Course Title: Cross Cultural Communication and Marketing
Course Description:
This course is designed to deepen knowledge and skills in cross-cultural and intercultural management and communication. The focus of the course is on the relationship between cultural context and interpersonal behavior and actions. Topics include: views of culture; traditional and alternative approaches to research on culture; coping with challenges in a multi-cultural environment; working internationally.

Economics and Finance

Course Code and Credits: ECO 131 (3) fall only
Course Title: Microeconomics
Course Description:
This course introduces students to the most basic ideas and analytical tools of economics as a science. It provides the ‘building blocks’ necessary for analyzing more complex problems that characterize the modern market economy. It will also discuss basic forms of cooperation and conflict (competitive markets, oligopolies, externalities, public goods and firms).
Course Code and Credits: ECO 136 (3) spring only
Course Title: Macroeconomics
Course Description:
This course will provide an overview of basic models of macroeconomics and central issues; the determination of output, unemployment, inflation and growth. Monetary and fiscal policies are also discussed by illustrating principles using real-life examples.
Course Code and Credits: ECO 238 (3) fall only
Course Title: International Economics
Course Description:
This course provides a comprehensive introduction to the conceptual, theoretical and methodological fundamentals of international economics. The subjects covered are those of international trade and finance, foreign direct investment, cross border lending, factor markets, decisions on new products based on global markets. Prerequisites: ECO 131 and ECO 136 or equivalents.
Course Code and Credits: ECO 395 (3)
Course Title: Economics and the European Union
Course Description:
The aim of this course is to enable students in understanding the developments in the European Union by exploring the origins and structure of the EU, the key areas of its economy and the main aspects of EU economic policy.
Course Code and Credits: ECO 415 (3)
Course Title: Transition and Post Transition Challenges in Hungary
Course Description:
The course aims at analyzing the particular Hungarian regime change events and the transition process, as a leading reformer in the early 1990s, and as a candidate to join the European integration and struggles with economic slowdown, persistent inflation, problems in public finance, and `adjustment fatigue`.
Course Code and Credits: FIN 156 (3) spring only
Course Title: Basic Finance
Course Description:
The course will introduce students to basic financial mathematics through an in-depth discussion on the time value of money and calculations on annuities, perpetuities and uneven cash-flows. The course will extend this newly acquired knowledge of financial mathematics to the valuation of stocks and bonds, including the variants of these instruments and markets, as well as the determinants of their values. It will also explore the relationship between risk and return and portfolio diversification.
Course Code and Credits: FIN 351 (3)
Course Title: Corporate Finance
Course Description:
The aim of the course is to provide students with a comprehensive understanding of the principles and techniques of corporate finance and applying them to the main decisions faced by the financial manager. The course will begin with the concept of valuation and continue to discuss share and bond valuations and in-depth discussion and critical analysis of the various techniques used in investment appraisal decisions. Prerequisite: FIN 156 (Basic Finance).
Course Code and Credits: FIN 451 (3) spring only
Course Title: Corporate Finance (II)
Course Description:
The course will introduce students to Capital Structure and the proportions of debt and equity financing which companies should adopt. The aim will be to teach students how to plan and manage working capital and short term financing and the basis of share repurchase and dividend policies.

Law

Course Code and Credits: LAW 462 (3) spring only
Course Title: Introduction to Legal Studies
Course Description:
This course deals with the legal system as the set of principles and standards of conduct, as well as the law as a ruling system governing society and having general application for it. Main topics of the course are the basic problems of legal reasoning, process of law making, legal sources and systems and different types of law such as Contract Law and Labor Law.
Course Code and Credits: LAW 465 (3) fall only
Course Title: International Business Law
Course Description:
The course aims at teaching international legal framework with an introduction to international business, international law and world’s legal systems. It deals with methods of resolving commercial disputes; influence and function of international organizations such as the WTO and protection of licensing agreements, intellectual property rights and foreign direct investment.

Politics and International Relations

Course Code and Credits: POL 301 (3)
Course Title: International Debate (Model UN)
Course Description:
The class will act as committees of the United Nations, with the main aim of discussing, researching, and voting upon strict matters of UN policy and activities. Students will represent various countries during debates, and will be tasked with upholding “their” nation’s interest during meetings.
Course Code and Credits: POL 377 (3)
Course Title: International Relations from 1945 to Present
Course Description:
This course gives a broad overview of international relations since 1945. It traces the major political, economic, and ideological patterns that evolved in the global arena from the end of World War II to the present day. The course will consist of five parts: the West and the Cold War; the Soviet orbit; the end of colonialism and Third World nationalisms; global power: from a bipolar to a multipolar order; and the global South and emerging powers.
Course Code and Credits: POL 386 (3)
Course Title: European Union Politics
Course Description:
This course will provide an overview of the European integration process since 1945. The focus will be on West European integration in the form of the European Communities (1945-90) and the inclusion of Central and Eastern Europe in an'ever-closer Union.

Psychology

Course Code and Credits: PSY 311 (3) spring only
Course Title: Personality Types and Team Dynamics
Course Description:
The course will cover personality and human assessment systems in the world such as Myers Briggs Type Indicator (MBTI) based on Jung’s theory of human typology, while it seeks to answer the questions about individual differences, team dynamics as well as potential sources of misunderstanding and methods of facilitating human cooperation.

Sociology

Course Code and Credits: SOC 450 (3) fall only
Course Title: The New East-European Underclass
Course Description:
This course deals with those most affected by this long-term transition period by summarizing the social and spatial aspects of the transformation to a market economy. It also reviews “society below society” and “underclass” theories. Students will also have the chance to participate in ecological tours in Budapest and in some less developed regions of Hungary.
Course Code and Credits: SOC 456 (3) fall only
Course Title: Social Change in the Era of Globalization
Course Description:
This course analyzes the main social trends and changes from the late 19th century with a special focus on non-western countries and critically reflects upon the general interpretation of these changes from the perspective of globalization.
Course Code and Credits: SOC 467 (3)
Course Title: Comparative Urban Sociology SPRING
Course Description:
This course is designed to deal with the main characteristics of East and West-European and American urban development. It discusses the spatial structure of cities and the regularities of the spatial arrangement of social groups. Hungarian and East-European patterns of residential segregation will be compared with the most characteristic segregational patterns of West European and North American cities. During the course, the students will be able to participate in “ecological tours” in Hungarian “historic”, “industrial” and “socialist” cities.

The ecological tours are mandatory, and will be subject to an additional cost.