Tuition fees vary depending on the selected study programme but below you will find a starting point for your further studies and an opportunity to see the bigger picture.
Tuition fees for the academic year of 2022/2023
|Programmes||Tuition fee per semester in EUR||Tuition fee for the full programme in EUR|
Bachelor's degree programmes
|Master's degree programmes in Budapest||5,900||11,800|
|MSc in IT for Business Data Analytics||5,900||11,800|
|MBA in Strategic Data-Driven Management||6,200||12,400|
|Master's degree programme in Vienna||5,900||11,800|
|PhD programmes (6 semesters)||3,100||18,600|
International University Foundation
|One-time registration fee for non-EU citizens (except PhD students)||900||-|
|Validation fee for PhD students||1200||-|
|Application fee (non-refundable)||100||-|
You may pay the fees via bank transfer, or with a credit/debit card via Flywire (this way you can pay with a minimal transaction fee and in your own currency). Please note that we accept Visa, MasterCard and Maestro.
The Hungarian students may opt for a student loan (Diákhitel) to cover the tuition fee. Please, visit the following website for more information: www.diakhitel.hu
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.
|Programmes||September 2022||February 2023|
|Bachelor's programmes||31 May 2022||30 November 2022|
|Master's programmes||31 May 2022||30 November 2022|
|MBA in Data-Driven Management||31 May 2022||30 November 2022|
|Doctorate programmes||15 April 2022||15 October 2022|
|International University Foundation programme||31 May 2022||30 November 2022|
IBS might consider late application, please contact us at email@example.com
The tuition fees shall not be claimed back in whole or in part, by taking the following cases into consideration:
- 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.
- if a student requests a passive semester or the termination of its student contract after the beginning of the semester’s term time, but within one calendar month of the first day of the semester time, the student shall be provided with an opportunity to use 80% of tuition fee paid for the given semester to cover part of the tuition fee in a later semester, within 1 calendar year. Only students from the European Union may reclaim tuition fees that have been paid but not used.
- 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.
- if a student from outside the European Union, who has enrolled / checked in for the semester, through no fault of his/her own fails to receive a visa / residency permit, they shall be entitled to reclaim 1.) the tuition fee paid for the given semester minus 20% of its standard list price; 2.) the full amount of any tuition fees pre-paid for later semesters (if relevant); 3.) for new students, the registration fee minus 200 EUR. 200 EUR from the registration fee and the 100 EUR application fee are non-refundable. This refund can be claimed until the last day of the coursework period of the given semester (last teaching day).
- 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 non-refundable in this case.
- 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.
- If, due to unavoidable external circumstances (e.g. in connection with regulations related to a pandemic), IBS provides education and assessments (or part of them) in online format instead of services requiring personal presence, the student shall not be entitled to reclaim the tuition fee neither in full nor in part.
Click here for further information about Refund Policy for Visa Refusal.