AIFS Abroad

AIFS Study Abroad in Budapest, Hungary
Fall 2020 and Spring 2021
Course Descriptions


Recommended credits are shown in parentheses. Courses are subject to changes at the discretion of Corvinus University.


Course Code and Credits: ART 300 (3) spring only 
Course Title: Budapest in the 20th Century: Historical Layers and Cultural Practices 
Course Description:
The aim of the course is to present how the recent history of Hungary is reflected in literature, film and visual arts. It 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: ART 302 (3) 
Course Title: Fields and Scenes: Arts, Culture and Design 
Course Description:
Provides an overview of how cultural fields are shaped and constructed from the perspective of the classics of scholarship on cultural production and art, taking stock of the current trends and interpretations of how cultural organizations, the art markets, and culture beyond markets work. 
Course Code and Credits: ART 305 (3) 
Course Title: Budapest Explorations of the Urban Space 
Course Description:
The goal of our course is to find out about these layers and aspects, and to gain first hand experience through organized city walks. By going on tours and strolls in Budapest students will learn about the history, culture, music, architectural heritage, the multi-ethnic and ideological complexity of this city, as they are articulated, shaped and preserved in the contemporary urban space. 
Course Code and Credits: HIS 352 (3) 
Course Title: Film and History 
Course Description:
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 368 (3) fall only 
Course Title: Communism in East-Central Europe 
Course Description:
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 445 (3) 
Course Title: History of Modern Europe 
Course Description:
Aims to provide an overview of the history of 20th century Europe. A focus will be on Central Europe, in particular Hungary, and on the way 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. 
Course Code and Credits: LNG 105 (3) 
Course Title: Hungarian for Beginners 
Course Description:
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 only need so-called “survival Hungarian”. 

Business, Marketing, Management and Operations

Course Code and Credits: ACC 191 (3) fall only 
Course Title: Elements of Accounting 
Course Description:
Includes foundations, techniques and basic items on 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 regulations, the specific Hungarian rules will be discussed in brief. 
Course Code and Credits: ACC 314 (3) 
Course Title: Managerial Accounting 
Course Description:
Designed to develop knowledge and understanding of principles and concepts relating to managerial accounting and explain how to use available techniques such as costing methods and preparing of reports for managers. 
Course Code and Credits: BUS 276 (3) fall only 
Course Title: Business Economics 
Course Description:
Students will receive an introduction to 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 400 (3) spring only 
Course Title: Family Business 
Course Description:
Introduces students to the field of family business studies with topics such as governing family businesses, assessing strengths and weaknesses, strategic management of family businesses, and the impact of family relations and dynamics on business and ownership systems. 
Course Code and Credits: BUS 401 (3) 
Course Title: Business Enterprise-Start-up to SME 
Course Description:
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) spring only 
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) spring only 
Course Title: Business Policy and Strategy 
Course Description:
Teaches 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 453 (3) 
Course Title: International Business Case Studies 
Course Description:
Addresses issues in the strategy, organization, marketing, and management of companies operating in the global market. In addition the course will integrate the sciences of geography and history along with individual country flags and on-going current events. 
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:
Familiarizes students with basic philosophical concepts and principles of ethics; will 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:
Provides 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) 
Course Title: Tourism Management and Marketing 
Course Description:
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:
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) 
Course Title: Organizational Behavior 
Course Description:
Provides students 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:
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: MAN 488 (3) fall only 
Course Title: Introduction to International Business 
Course Description:
Students will gain an understanding of the theories, foundations and institutions governing the recent and current expansion of international trade and investments and develop insights into the ever-changing business environment. 
Course Code and Credits: MAR 370 (3) 
Course Title: Marketing 
Course Description:
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 long-term customer relationships. 
Course Code and Credits: MAR 432 (3) 
Course Title: International Marketing 
Course Description:
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) 
Course Title: Cross-Cultural Communication and Marketing 
Course Description:
Focuses 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: MAR 523 (3) 
Course Title: Services Marketing 
Course Description:
Highlights the special features of services and gives an overview of the marketing management problems that service firms have to face. The course is designed for advanced business students and requires basic marketing knowledge. 
Course Code and Credits: MAR 526 (3) 
Course Title: Consumer Behavior: Millennials and Generation Z 
Course Description:
Provides a deep dive into the consumer behavior of both millennials and Gen Z and explores how effectively brands utilize messaging and emerging technologies to grab the attention of those who have short attention spans. 
Course Code and Credits: OPR 212 (3) 
Course Title: Decision Techniques 
Course Description:
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 312 (3) spring only 
Course Title: Sustainable Procurement and Logistics 
Course Description:
Recommended to those who are interested in sustainability issues, green business solutions, supply chain management, innovation, procurement and logistics. The objective of the course is to give theoretical and practical knowledge on the topic of sustainable supply chains. 
Course Code and Credits: OPR 313 (3) spring only 
Course Title: Operations Management 
Course Description:
Focuses 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 individual and holistic systems within a business system or entity. 


Course Code and Credits: COM 453 (3) fall only 
Course Title: Effective E-Business Management 
Course Description:
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:
Gives a comprehensive view of client-side web development including the optimization of webpages for the different browsers, resolutions and search engines. The students will learn HTML coding, webpage layouts and techniques of using CSS and the main web developer tools, such as Adobe Dreamweaver CS5, First Page 2006 and Adobe Photoshop CS4. 
Course Code and Credits: COM 535 (3) 
Course Title: Business Intelligence 
Course Description:
Provides a comprehensive overview of the field of business intelligence. Topics such as data warehousing, business analytics, business performance management systems, data, text and web mining will be covered. (in fall COM 534 Intelligent Systems). 

Economics and Finance

Course Code and Credits: ECO 131 (3) fall only 
Course Title: Microeconomics 
Course Description:
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:
Provides 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:
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 305 (3) 
Course Title: Globalization (Economic Theory) 
Course Description:
Aims to explore the complexity of political economic and social interactions in the global environment, as well as the rapid changes in different settings and practices caused by global, technological and cultural changes which make it difficult to perceive ethical issues in the era of cultural globalization. 
Course Code and Credits: ECO 395 (3) 
Course Title: Economics and the European Union 
Course Description:
Aims 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 411 (3) 
Course Title: Economics and Ethics of Globalization 
Course Description:
Examines the norms or principles that establish and justify societies and determine the rights and responsibilities of a society in a globalized world. The course will also consider the application of these principles to such issues as justice, ethics, political, and social institutions in a world community. 
Course Code and Credits: ECO 415 (3) 
Course Title: Transition and Post Transition Challenges in Hungary 
Course Description:
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:
Introduces 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:
Provides 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:
Introduces 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. 


Course Code and Credits: LAW 462 (3) spring only 
Course Title: Introduction to Legal Studies 
Course Description:
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:
Teaches 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 300 (3) spring only 
Course Title: Regional Studies 
Course Description:
Aims to portray non-European regions such as Latin America, South Asia, Sub- Saharan Africa and others from a complex perspective using the interdisciplinary tools of International Relations. The course will analyze the main regions of the world from a political and economic perspective and will focus on foreign policy issues using a comprehensive approach and focusing on post-1989 developments of world regions. 
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:
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:
Provides an overview of the European integration process since 1945. The focus will be on Western European integration in the form of the European Communities (1945- 90) and the inclusion of Central and Eastern Europe in an ever-closer union. 


Course Code and Credits: PSY 2 NCK (3) 
Course Title: Foundations of Psychology 
Course Description:
An introduction to psychological science providing students with an overview of the key topics in contemporary research. The lectures cover the following major areas of psychology such as cognitive psychology, developmental psychology, social psychology, personality and intelligence psychopathology and consciousness. 
Course Code and Credits: PSY 311 (3) 
Course Title: Personality Types and Team Dynamics 
Course Description:
Offers knowledge and practical experience related to processes and issues that teams face: team development, social dilemma, communication, conflict, power, decision-making, leadership, problem solving, creativity, diversity, virtual teamwork, culture, reward systems, and training. Students synthesize course content in a final service-learning group project in the community. 


Course Code and Credits: SOC 3 NCK (3) spring only 
Course Title: Social and Demographic Problems 
Course Description:
Acquaints students with some widespread social problems in Hungary. After obtaining theoretical and statistical knowledge of different problems, students will visit some institutions where different social problems are treated or managed. 
Course Code and Credits: SOC 457 (3) 
Course Title: Global Social Change and Global Inequalities 
Course Description:
Analyzes main forms and theories of global social change in the context of the development of global capitalism and global inequalities. It reflects on key theories and general interpretations of these changes from the perspective of current globalization.