MSc Regional and Environmental Economic Studies

An economics programme fit for global, urban, and rural challenges by applying critical approaches through geography, environment, and climate change. An AESOP partner (Association of European Schools of Planning).

Programme Information

Regional and Environmental Economics is a practice-oriented programme that will mould you into a speciliast with unique skills sought by employers. 

You will study the latest trends in urban, regional and rural development that can shift the environmental issues we are facing today. You will develop a critical approach to the present worldwide challenges, such as decarbonisation and climate neutrality or the impact of depleting non-renewable resources. You’ll gain a deep understanding of the connection between major economic decisions taken and their possible impact on our ecosystem. 

There are unique benefits of studying Regional and Environmental Economics at Corvinus. Our programme is accredited by AESOP (the Association of European Schools of Planning) – no other university in Hungary shares this accolade. The accreditation assures the quality of your learning experience (aligning with internationally recognised best practices and contemporary topics), subsequently boosting your employment prospects!  

Our programme is also ranked 39th in the world by Eduniversal (2021) for a programme related to sustainability and environmental management.  

Our professors are distinguished practitioners and experienced academics. You will also hear from international guest lecturers and business leaders in Hungary about how development policy planning works; how can sustainability be achieved in the corporate world; and how innovative economic decisions can aid society in the fight against climate change. You will have the opportunity to join mentoring programmes with external partners (National Adaptation Centre Department of the Hungarian Mining and Geological Survey; Hungarian Society for Urban Planning), which will widen your perspective on the latest environmental issues and solutions available.

For admission onto the Regional and Environmental Economic Studies programme, you will typically hold an economics, agricultural or business-related degree. We accept applicants from other academic backgrounds who meet the compulsory credit requirements stated below.

ECTS: 120
Duration: 4 semesters (2 years)
Teaching hours: 10-16 hours/week
Start date: 12 September 2022

Tuition fees (EEA): 610 000 HUF (≈ € 1 700*) per semester
Total tuition fees (EEA): 2 440 000 HUF (≈ € 6 700*)
Tuition fees (Non-EEA): € 2 900 per semester
Total tuition fees (Non-EEA): € 11 600

*Fees conversion amount may vary due to exchange rates.

The tuition fees may change, check back to the page for updates.

Programme Specification Enquire

What you will study
Core Modules

Year 1 

  1. 1.Global and Regional Environmental Challenges  
  2. Environmental Economics 
  3. Spatial Planning and Urban Development 
  4. Urban Economics and Sociology 

Year 2 

  1. Cohesion and Regional Policy  
  2. Policies of the EU
  3. Corporate Environmental Management 
  4. Geopolitics and Geostrategies 

* The above is not an exhaustive list. Corvinus University of Budapest reserves the right to change modules.


There are two remarkable scholarship opportunities available to Non-EU international students:

  • Stipendium Hungaricum (for non-EU nationals from >70 countries)
  • Diaspora scholarships (for international students with Hungarian ancestry).

Both scholarships entitle you to:

  • Free tuition for the duration of your studies
  • 43,700 HUF (c. €120) per month for the duration of your studies (for living costs)
  • University accommodation or an additional 40,000 HUF (c. €110) per month for the duration of your studies (accommodation allowance)
  • Medical insurance.

Eligibility requirements apply, so please click on “Scholarship opportunities” for more information.

Scholarship opportunities

Application Requirements 

  • A completed higher education
  • You will take part in a preliminary interview
  • Minimum B2 knowledge in English, proven by a certificate
  • A valid passport

For Hungarian citizens

You can apply through

You can ask our student ambassador or the Student Services for further information here.

Find the application requirements here:

Read in Hungarian

Preparatory Programme

If you do not meet the requirements, you can apply for our preparatory programme.

Note: there are three ways to apply to Corvinus as an international student:

  1. Self-funded route (all applicants)
  2. Stipendium Hungaricum route – non-EU applicants only, further restrictions apply
  3. Diaspora scholarship route - non-EU nationals with Hungarian heritage only, further restrictions apply

Credit requirements

In Hungary, there are legal pre-requisite credit requirements to study graduate programmes.

Please make sure you meet the minimum requirements for this programme before applying.

You will need a minimum of 40 ECTS constituted from any of the following areas: 

  • Methodology (mathematics, statistics and IT); 
  • Economics (e.g. microeconomics and macroeconomics, international economy, business); 
  • Natural Sciences (biology, chemistry, geography and physics); 
  • Social Sciences (e.g. philosophy, sociology, political science). 

Tip: to quickly calculate your credits in ECTS, divide learning hours by 30!

Learning hours should be formally described, but can be constituted of classroom hours, private study and assessment.

More information

Be our student and a part of our community (Department of Geography, Geoeconomy, and Sustainable Development) where we have a mission towards socially and environmentally responsible businesses, local and global sustainability, liveable cities, and managing climate change challenges. Working as a public development expert, a planner, and an environmental specialist in Hungary and in the European Union for two decades, I have been combining economic, environmental and geographical information, just as our masters. So if you are interested in geography and environment, ready to learn economics, and committed to social and climate issues, do not hesitate to join us.

Péti Márton
Programme Director

Accreditations and Rankings

Career opportunities

Our students are able to find work as Project Managers, Grant Project Managers, Public Development Consultants, Environmental Auditors and Climate Policy Consultants, Corporate Social Responsibility Specialists, Urban Planners, Urban Management Specialists, Regional Planners, Rural and Regional Development Expert.

Our graduates are working at prestigious organizations like the European Commission, various ministries and public bodies of development, municipalities, offices of local governments and multinational companies.


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