Q: When will I go to the International Business School, Hungary?

The Intake for International Business School, Hungary are February and September .

Q: What are the living costs per year in Hungary?

The indicative cost of living is 6,240 euros per year.

Q: What are the post-study work visa rules in Hungary?

Hungary allows for the application of up to 9 months of a post-study work visa after completing a degree.

Question 1

What is the scope of MBA in Strategic Data Driven Management with upGrad?

Accepted Answer

IBS's MBA in Strategic Data-Driven Management programme is ranked #2 in Eastern Europe, showcasing its top-notch quality and global recognition.
The programme prioritizes core skills for students, focusing on vital competencies like effective communication, collaboration, and organizational and project management abilities that form the foundation for their professional growth and success in the business realm.
The programme puts a strong focus on up-to-date financial and analytical skills, which are vital in today's data-driven business landscape, preparing students for informed decision-making and success in a fast-evolving job market.
Students dive into functional skills that include a deep exploration of critical areas like data management, which is essential for leveraging data effectively in business.
The programme refines business intelligence, emphasizing data-driven insights, and includes training in customer relationship management and strategic decision-making.
The programme concludes with a capstone project that evaluates students’ business acumen and intelligence skills.
Graduates of the programme gain the ability to apply contemporary management techniques effectively, which includes acquiring skills to navigate and critically assess business processes within medium-to-large corporate settings.
The programme empowers students in data-based decision-making, using data for strategic and operational choices, and trains graduates to identify opportunities for innovation, fostering a culture of continuous improvement and adaptability in organizations.

Question 2

What type of learning experience should I expect?

Accepted Answer

The content will be a mix of interactive lectures from industry leaders as well as world-renowned faculty. Additionally, the program comprises live lectures or hangout sessions dedicated to solving your academic queries and reinforcing learning. Once you reach Hungary, you will get face to face learning from Professors. On completion of the program, you will have the option to apply for PSW in Hungary as well as get support from the International Business School, Hungary and Career Services to build a career in Hungary.

Question 3

Is any certification granted at the end of the program?

Accepted Answer

Post successful completion of the program, a Professional Certificate in Global Business Management would be awarded from GGU US and a Master's degree in MBA in Strategic Data Driven Management from International Business School, Hungary.

Question 4

Can I sign up only for a few specific modules if I am interested in it?

Accepted Answer

No, the program is designed to be completed in its entirety, and cannot be taken as standalone modules.

Question 5

Can you give more details on the International Business School, Hungary?

Accepted Answer

At IBS, students have the opportunity to graduate with a British degree in addition to a Hungarian degree from IBS, providing them with a comprehensive, internationally recognized education that enhances their prospects in the global job market.
At IBS, education goes beyond traditional lectures, and students thrive in interactive classes, with small groups of twelve, fostering active engagement and dynamic learning experiences.
The faculty is committed to equipping students with the practical skills and proficiencies that top employers value rather than burdening them with complex, outdated theories.
At IBS, students are not required to recite textbook chapters; they are encouraged to cultivate critical thinking skills, aligning their learning approach with the expectations of their future employers.
At IBS, students immerse themselves in a transformative journey, enhancing their English proficiency day by day while forming invaluable connections with peers from 100+ countries worldwide.
Through active participation in the prestigious Erasmus+ programmes, students gain access to study at 62 esteemed partner universities across 21 countries, equipping them with the skills and perspectives necessary to succeed in an increasingly interconnected world.
At IBS, a committed Student well-being team and student mentors are there to assist with any academic or personal issues, ensuring students have a strong support system throughout their journey.
IBS actively gathers feedback from students at the end of each semester, focusing on teaching quality, tutors, and various other services provided, which helps the institution adapt and improve continually, ensuring a tailored and exceptional educational experience for its students.
Opting for a British degree in Budapest proves cost-effective, with tuition and living expenses being notably budget-friendly in comparison to the UK.
IBS has implemented its UpSkill programme, a dynamic initiative designed to elevate and refine the most sought-after skills in the competitive job market
IBS empowers its staff to pursue individual research while bolstering seven research teams with additional funding and support for impactful contributions.
IBS boasts diverse student clubs, spanning interests from arts and culture to politics and data, offering students a rich and engaging campus experience.

Question 6

When will I go to the International Business School, Hungary?

Accepted Answer

The Intake for International Business School, Hungary are February and September.

Question 7

Which topics are going to be covered as part of the program?

Accepted Answer

The program will be delivered on a robust technology platform to create a superior learning experience for participants who want to be on the cutting edge of the management. With this program, Golden Gate University, USA & International Business School, Hungary together seek to develop the next generation of leaders. The topics that are going to be covered are Fundamentals of Business, Management and Leadership, Marketing Management, Foundations of Business Analytics, Corporate Finance and much more.

Question 8

Will I be supported for TOEFL/IELTS/PTE or other English language exams during this program?

Accepted Answer

Yes, upGrad will help you prepare for the English proficiency test to establish your current English proficiency to be eligible for the Master's program in Hungary.

Question 9

What are the part-time working rules in Hungary?

Accepted Answer

As a student, you can work part time. The time permitted in accordance with the immigration is for 24 hours per week during term-time and for a maximum of 90 days or 66 working days per year beyond term time.

Question 10

What are the living costs per year in Hungary?

Accepted Answer

The indicative cost of living is 6,240 euros per year.

Question 11

What are the post-study work visa rules in Hungary?

Accepted Answer

Hungary allows for the application of up to 9 months of a post-study work visa after completing a degree.

Question 12

What are the documents needed for the application?

Accepted Answer

Scanned copy of Marksheet and Under Graduation degree
Scanned copy of Passport
Scanned copy of Graduation Transcript
Updated Resume
Proof of English Proficiency as per the criteria mentioned above in the document (TOEFL/IELTS)
Motivation Letter
Documented work reference of 2 years
Transcript with at least one module completed in mathematics, statistics, or finance.

Question 13

Can I still apply for the program if I have scored less than 3 GPA in my GGU certificate program?

Accepted Answer

Students with less than 3 GPA marks will have to pass the admission test consisting of a Case Study and an Interview. Students need to register online for the Admission test. Students receive three topics after the registration and they need to work out a small essay and a PowerPoint presentation. Please make sure that the students prepare and submit the written elaboration within the deadline indicated in the instruction.

Question 14

Can I apply for the program if I am in my last year of an undergraduate degree?

Accepted Answer

You can only apply for the program upon receiving a provisional certificate of your Bachelor's degree.

Question 15

What is the admission process?

Accepted Answer

Step 1- Complete Application -Complete your application and submit the required details. The Admissions Committee will then review your application - which include your work experience & educational background.
Step 2- Get Shortlisted & Receive the Offer Letter- Upon qualifying, an Offer Letter will be sent to you confirming your admission to the course.
Step 3- Block your Seat - Block your seat with an initial payment of INR 25,000 to enroll into the Program. Begin your leadership journey.

Question 16

What is the time commitment expected for the program?

Accepted Answer

At least 12-15 hours per week of time commitment is expected to be able to graduate from the program.

Question 17

How will my doubts/questions be addressed in an online program?

Accepted Answer

Peer-to-peer discussion forum where you can post your queries and your peers/faculty/teaching assistants answer your queries within a day. Regular Q&A sessions with faculty to get clarification on conceptual doubts.

Question 18

No cost CC EMI FAQ's

Accepted Answer

0% EMI with Third Party Credit Facilitators /Credit card option availability will vary program wise.

1. Which banks allow using 0% Credit card EMI or Credit card EMI?
No cost EMI is available on credit cards from all major banks (American Express, Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Standard Chartered, Axis Bank, Yes Bank, State Bank of India, CITIBANK and HSBC)

2. Is there any minimum transaction limit ?
Yes. 50000 is the minimum.

3. Standard Chartered Bank offers 18 or 24 months No Cost EMI ?
No. ONLY 12 months is available irrespective of the Program enrolled.

4. Will I have to pay any extra amount for EMI transaction?
If you are availing 0% credit card EMI, upGrad will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI.

5. Are there any fees or down payment?
Certain banks charge nominal processing fees between INR 99 - 500 on 0% Credit Card EMI transaction. If charged, will be billed in the first repayment installment.

6. Can I use my International credit card for 0% credit EMI or Credit Card EMI?
Only the Indian bank credit cards can be used. But you can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions, this will be purely between you and your bank.

7. Are there any charges in case I opt for cancellation/refund from the course after paying balance with no cost EMI ?
Yes, there will be additional charges to the extent of interest paid by the upGrad to the bank, you will be refunded only Principal amount, i.e. the amount actually deducted/blocked from your card. This deduction will be in addition to the amount mentioned in the refund policy shared with your offer letter.

8. Can I Pay Using Multiple Credit Cards ?
Multiple cards can be used to complete the payments using Part payment option make sure to inform the learner, minimum transaction is INR 50000 to opt for 0% CC EMI E.g. Amount to be paid: 150000. I can pay using 2 Credit cards. Yes, Example :
HDFC Card – Part payment – INR 100000
ICICI Card – Part payment – INR 50000

9. How can I opt for Credit card EMI if my bank is not listed in the 0% Credit card EMI or Credit card EMI?
You can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.

10. Why is the entire amount blocked on my credit card?
Initially your bank will block the entire amount from your available purchase limit and from your next billing cycle, you will be charged the EMI amount. As you start paying your EMI, your credit limit will be released accordingly. For example, if you have made a payment of ₹100000 on 6-months EMI and your credit limit is ₹200,000 then initially your bank will block your credit limit by ₹100000. After payment of your first month EMI of Rs.15000, the blocked amount will come down to ₹85000.

11. Why is interest getting charged on No Cost EMI?
Your bank will charge you interest. However, this interest charge has been provided to you as an upfront discount at the time of your payment, effectively giving you the benefit of a No cost EMI. The total amount paid during the entire EMI tenure to the bank will be equal to the amount to be paid to upGrad.

Eg. Amount payable to upGrad: INR 405000
Let's say Amount deducted at the time of transaction: INR 379850 (Principal amount) Bank charges interest of 12-15% per annum on INR 379850
[Note: Interest factor is reducing rate and not Flat rate]
EMI AMOUNT = INR 33750 x 12 = INR 405000
Effectively, you have taken loan on 379,850 instead of 405,000

Question 19

Is there any deferral or refund policy for this program?

Accepted Answer

Refund Policy:
1. Students must pay an applicable Caution Amount for the enrollment to the Program. This Caution Amount will be adjustable against the total Program fee payable by the student.
2. Once the student has made a partial or full payment of Program fee, such student can claim a refund for this amount at any time before the cohort commencement date by raising a refund request through ‘My applications’ page on our website (www.upgrad.com), stating the specific reason for the refund. The refund shall be subject to a deduction of INR. 20,000/- towards processing fee. If less than INR. 20,000/- have been paid in total, students shall not be eligible for any refund in such a case.
3. Students shall not be eligible for a refund (under any circumstances) if the refund request is raised postprogram/Batch Start Date. In such a case, the student will continue to pay the EMI of his loan (if applicable), as the loan cannot be canceled. This is also applicable to students who could not complete their payment and could not get enrolled in their opted cohort. However, the student can request a PreProgram deferral as per the policy defined below for the same.
4. Studentshall not be eligible for refund of any amount paid towards the Program in case any discrepancy is identified between your application and self-attested documents including but not limited to wrong details about your grades or any other incorrect information provided in your application.
5. In case of a valid refund request post obtaining the loan from a third party credit facility provider, we would like to clarify that the responsibility of canceling the loan will lie with the student as upGrad is not privy to such arrangements between the student and the third party credit facility provider.
6. If students do not provide documents as per the timeline mentioned in the offer letter, they will be deferred to the next batch but they will not be eligible for any refunds.

Deferral Policy: (Pre- Program Commencement)
1. If a Learner, due to unavoidable circumstances is unable to commence with the cohort and requests for a deferral before the Cohort Commencement Date, Learner will have an option to defer to another batch.
2. However, the learner will be required to pay 50% of the Total Program Fee amount (inclusive of taxes) before the deferral can be approved. Till this condition is complied with, the Learner will be assumed to be continuing in the same cohort.
3. A Learner can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the batch start date of the initial batch the Learner enrolled for.
4. The Learner has time till the current Cohort Commencement Date to make the payment of the 50% of the Total Program Fee, post which the deferral request will expire. Once the deferral window expires and the Learner asks for a refund after the Cohort Commencement Date, the above-mentioned applicable refund policy will apply.
5. The fee applicable to the deferred Learner will be as per prevailing Total Program Fee for the batch Learner as opted to defer to (No additional deferral fee is required to be paid).

Deferral Policy: (Post Program Commencement)
1. If a learner is facing severe issues in dedicating time to the course, Learner will have an option to defer to another batch.A Learner can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the Cohort Commencement Date of the initial batch the Learner enrolled for.
2. The Learner will be required to pay a deferral fee of 5% of the Total Program Fee (inclusive of taxes) if any along with the differential program fees between the two cohorts.
3. The deferral request will be approved once the deferral fee is paid.
4. Till this condition is complied, the Learner will be assumed to be continuing in the same cohort.
5. The Learner has 7 days (including holidays and weekends) from the date of deferral request to make the payment of the deferral fee, post which the deferral request will expire, and the learner will continue as part of the current cohort.
6. If the Learner completes the deferral payment, the Learner’s login will be disabled, The Learner will leave the deferred cohort and the Learner will start learning on the new cohort from the point of the last assignment that was graded in the deferred cohort. All grades and progress till that point will be carried forward as it is to the new cohort.
7. The deferral can only be requested during the batch for which the Learner has enrolled is ongoing. Once the batch has been completed, deferral requests shall not be entertained. For clarification, the batch completion here shall mean the “last grace deadline” as communicated by upGrad. Case Deferral fee Before Program Commencement 50% program fee (including taxes) to be paid upfront- no additional deferral fee to be paid Post Program Commencement (0-7 days after program start date) 5% of the program fee (including taxes) to be paid within 7 days as deferral fee Post Program Commencement (8 days after program start date) Will have to continue as a part of the current cohort.

Case	Deferral fee
Before Program Commencement	50% program fee (including taxes) to be paid upfront- no additional deferral fee to be paid
Post Program Commencement (0-7 days after program start date)	5% of the program fee (including taxes) to be paid within 7 days as deferral fee
Post Program Commencement (8 days after program start date)	Will have to continue as a part of the current cohort

MBA in Strategic Data Driven Management

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