IMESS – Double-degree in Economics (London-Budapest)

The IMESS programme in Economics and Business is a two-year integrated Masters programme in which all students spend year one at UCL in London, where they develop expertise in the methodologies (econometrics), theories and applications of Economics and Business and have the opportunity to learn or improve a language. In the second year, the students will move on to the Corvinus University of Budapest where they will have the opportunity to continue their studies on the Economics and Business track.
Successful graduates will be given a double degree (University College London + Corvinus University of Budapest) and a diploma supplement issued by the IMESS consortium. Please find all the necessary information about the programme on IMESS website.

Key information

Programme starts: September 2019
Modes and duration: Full time for 2 years
Application deadline: 26 July 2019
Scholarship deadline: 24 March 2019
Tuition fees (2019/20): UK/EU:£10,663 (FT) Overseas:£18,976 (FT)
Note on fees: The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary.
1st year – London, Bloomsbury
2nd year – Budapest

Entry requirements

Normally an upper second-class Bachelor’s degree in a relevant discipline from a UK university or an overseas qualification of an equivalent standard. Applicants are usually expected to have studied one term of both microeconomics and macroeconomics in their undergraduate degree.

English language requirements

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency. The English language level for this programme is: Good
Further information can be found on our English language requirements page.

About this degree

The programme combines rigorous research methods training, discipline-based and area studies training and intensive language tuition. Students develop cultural and linguistic knowledge of Eastern and Western Europe, and acquire the skills to identify and critically analyse key factors shaping the economies, states and societies of the expanding European region. All students will spend their first year at UCL SSEES and their second year at a partner university of their choice.
Students take modules to a total value of 120 ECTS, with 60 ECTS taken in year one at UCL and 60 ECTS taken in year two at their chosen institution.

Year one compulsory modules

Compulsory (methods) modules to the value of 12 ECTS and at least one of the core modules to the value of 12 ECTS as listed below.
– Quantitative Methods (6 ECTS)
– Advanced Quantitative Methods (6 ECTS)
– Political Economy of International Business (12 ECTS) OR International Macroeconomic Policy (12 ECTS)
– Language (If not taken in year one, the Language module is compulsory in year two.)

Optional modules

24 ECTS or 36 ECTS if no language taken in year one. A selection of thematic SSEES modules from the relevant track which may include
– Trade and FDI with reference to Eastern Europe
– Corporate Governance
– Corporate Finance and Investment in Emerging Markets
– Financial Development
– Corruption and Governance: Causies, Consequences and Control
– Public Choice-Private Interest
– Economic Development and Policies
– Informal Practices in Post-Communist Societies
– International Macroeconomic Policy

Year 2 modules at Corvinus University of Budapest


All students undertake an independent research project in their second year, which culminates in a dissertation of approximately 20,000–25,000 words.

Teaching and learning

The programme is delivered through a combination of lectures, seminars, tutorials and research supervision. Assessment is by written examination, coursework and dissertation; language courses involve an oral examination.
Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change.


IMESS Scholarships for Home/EU and Overseas applicants are available. For funding opportunities please visit the IMESS website.
For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.


Graduates of this programme are qualified to progress to doctoral research in the European area; others may advance to careers in governmental or international organisations, and may specialise in finance, commerce, analysis or consultancy. Others may seek a career in diplomacy, or in journalism, or in non-governmental organisations. Indeed, the scope of IMESS is broad and so too, correspondingly, are the post-IMESS possibilities.


Graduates of the programme have taken leadership positions in distinguished private and public sector organisations (including the IMF, EBRD, OSCE, NATO, United Nations, in risk control, banks and financial institutions, diplomacy and media, and the civil service) and many have also continued to doctoral studies. Scholarships, internship opportunities and excellent links with other universities in the region provide further benefits.

Who can apply?

This programme is designed to attract and challenge the brightest European Union and international students as well as professionals wishing to retrain to acquire European expertise and meet the challenges of the changing global environment. Evidence of English language ability is essential but there are no other language prerequisites.

Application deadline: 26 July 2019
Scholarship deadline: 24 March 2019

All applicants must complete the IMESS Supplementary Questionnaire which substitutes the personal statement. Applicants in the final stages of their undergraduate degree may apply but must present their transcript of marks no later than 31 August for the year of entry.
For more information see our Applications page. Apply now!

Contact information

– Nikolett Menyhárt, Admissions Officer –
– András Tétényi, IMESS coordinator –

IMESS partners

– University College London, UK
– Charles University, Prague, Czech Republic
– Helsinki University, Finland
– Higher School of Economics, Moscow, Russia
– Higher School of Economics, Saint Petersburg, Russia
– Jagiellonian University
, Krakow, Poland
– University of Belgrade, Serbia
– University of Tartu, Estonia