Fees

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IBS is a private university that requires tuition fees on all programmes. However, IBS also offers two kinds of scholarships for BSc students and an MSc scholarship for Latin American Applicants.

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Programmes

Tuition fee 
per semester in EUR

Bachelor's degree programmes (6 semesters)

3,300

Master's degree programmes in Budapest (2 semesters)

4,700

Master's by Research degree programmes (2 semesters)

4,700

Master's degree programmes in Vienna (2 semesters)

5,900

DPhil programmes (6 semesters)

3,100

University Foundation (2 semesters)

2,200

Gap Year (2 semesters)

5,750

There is a one-time registration fee of EUR 900 for non-EU citizens.

What is included in the tuition fee?

The tuition fee includes the cost of education, the intranet and library use and regular exam fees. The contents of classes are available on the IBS intranet and the library has several copies of each course book that you will need for the modules. However, it is also possible to buy books in the library.

The tuition fee does NOT include: health insurance, accommodation, meals or photocopying.

Refund policy

The tuition fees shall not be claimed back in whole or in part, by taking the following cases into consideration:

  1. if a student from the European Union member states prior to the first day of the term time requests the termination of its student legal relationship, or the declaration of the term as a passive term, it shall be entitled to reclaim the full amount of tuition fee.
  2. if a student from the European Union member states after the beginning of the semester’s term time, but within one calendar month of the first day of the term time requests the termination of its student legal relationship, or the declaration of the term as a passive term, shall be entitled to reclaim 80% of tuition fee.
  3. if a student, after the beginning of the semester’s term time, but within one calendar month of the first day of the term time, requests and receives permission for transfer to another academic programme within the College (with or without claiming passive status on the original academic programme), the tuition fees already paid must be counted against the required fees of the new programme; any difference (if the new programme has a higher fee) must be paid by the student, or (if the new programme has a lower fee) be refunded to the student.
  4. if a student from outside the European Union through no fault of his/her own fails to receive a visa / residency permit shall be entitled to reclaim the full amount of the tuition fee paid. The registration fee is non-refundable in this case.
  5. if a student from outside the European Union has received a visa / residency permit for study purposes, but fails to start or continue his/her studies, he/she shall not be entitled to reclaim the tuition fee. The registration fee is also nonrefundable in this case.
  6. if the student from outside the European Union failing to start or continue his/her studies possesses a residence permit in Hungary unrelated to his/her studies at IBS, he/she shall be entitled to refunds according to 1)-2) above. The registration fee is non-refundable in this case either.

Scholarships

There are 3 kinds of scholarships available at IBS.

  1. If you are a new student you can apply for a Starter Scholarship
  2. If you already study at IBS and have good grades, you can apply for an Academic Scholarship
  3. Latin American Master's Scholarship