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• THE CHANGES IN THE HUNGARIAN HIGHER EDUCATION SYSTEM DURING THE CHANGE OF REGIME – THE SPREAD OF CHURCH AND FOUNDATION RUN INSTITUTIONS

  Leila Csontné Vezendi

  Edit Gizella Szűcs

  Views:

  2

  This study examines the transformation of the Hungarian higher education system during the change of regime (1989-1990), with particular emphasis on the spread of church- and foundation-run institutions. It presents the legal framework that enabled the establishment of non-state institutions, highlighting Act XXIII of 1990 and subsequent legislation. It uses statistical data to support the significant increase in the number of institutions and students in the non-state sector. It illustrates the different development paths of these institutions through case studies of Károli Gáspár Reformed University and Kodolányi János University. The article analyzes the socio-economic impacts of the changes, including social mobility, economic development, and educational equality. Finally, it reflects on the current challenges and future prospects of Hungarian higher education.

• The role of the green week in the MBA curriculum

  Bruce Ahrendsen

  Views:

  220

  The purpose of the paper is to demonstrate the potential of experiential learning in fulfilling the role of higher education institutions in teaching and promoting an MBA education. The educational achievements of the Green Week of the MBA in Agribusiness and Commerce (AgriMBA) are highlighted and challenges and areas in need of improvement are discussed.

  Curriculum serves as the foundation of teaching students. While progress has been made in MBA curriculum, including economics, informatics, finance, marketing, and management, integrating these knowledge areas into experiential learning should be a key component of an MBA education. The AgriMBA provides such an integration of knowledge areas within an experiential learning environment of the Green Week. The Green Week has included 343 students representing 21 countries, six continents, and 11 universities, involved 34 case studies, and hosted by six universities during the 17 years it has been held.

  Although most MBA programs include case studies in their curriculum, the Green Week is unique in providing “live”, real-time case studies, where students representing multiple universities and countries come together to present their recommendations to business executives. This intensive, experiential learning opportunity exhibits how students from different cultural backgrounds are able to quickly form functional teams, apply curriculum knowledge areas, and effectively achieve this ambitious goal.

  JEL CODE: A23

• Price risk management using by a specified futures model

  97-101

  László Kozár

  Views:

  213

  The principal achievement of this paper is to introduce the operation of a specified ‘Futures’ model and it’s practice for decision makers of financial institutes through an example based on the price data’s of grain futures market from EU assessment 2004 to these days in Hungary. Based on a theoretical foundation, the calculation model was developed in order to assist short and long-term marketing decisions. The economical basis of the model is the combinative use of two market institutions: public warehousing and futures market. This electronically developed and working model ‘using excel background ‘allows all of the participants of the market: producers, consumers,banks and traders, to use this model in immediate calculations. In addition it helps in order to establish the own business strategy. The model can be used to analyze price influencing factors therefore; it can also be used for policy-making decisions for market participants as well as banks dealing with trade financing activity.