Accounting and Finance in Budapest

Ref: 10003251

Eligibility

First year  Accounting & Business Management or Accounting and Finance students enrolled on Financial Accounting (ACFI1301), Professional Communications (ACFI1420) and Introduction to Accounting (ACFI1202) are eligible to participate in this opportunity. The maximum number of places on this opportunity is 30 and the minimum the trip will go ahead with is 10. DMU staff will be accompanying the group.

DMU students are only eligible to receive one academic-led trip bursary per year. Please check our eligibility criteria for further details.

Description

As part of this visit to Budapest, the capital of Hungary, students will be able to study how accounting and finance practices vary within different national cultures. There will be the opportunity to visit  a range of companies focusing on business practice and how they affect the financial and management accounting practices.

This will aid students to understand the wider accounting perspective and visualise the accounting processes that they will calculate throughout their financial and management accounting modules. All students will develop a greater degree of competence in the key skills of cultural navigation and intercultural interaction, as well as more general skills of communication and self-confidence.

There will be an organised visit to a business with inventory facilities which will also include a behind the scenes look at the production line. This visit will help students to understand the  flow of inventory and management (waste, JIT, production budgets etc.) in a production line environment.

In addition, students will also visit Kurt Computers Data Recovery who are based din Budapest. As future accounting and business individuals the students will benefit from interacting with an
exponent of the renowned IT Services Industry in Hungary that is a market leader for data recovery and information management. The visit will include a presentation about the business, and the opportunity to see the data recovery processes up close.

Cultural activities

Students will have the opportunity to experience the culture and business communication styles through a series of visits both formal and informal to areas such as Budapest Great Market Hall. Cultural visits will also be undertaken to experience some of the main sights of Hungary such as St Stephen’s Basilica, Széchenyi Thermal Baths (£16)and catch the funicular to the Halaszbastya (£5).

Time will be allowed for students to experience the heritage and culture of this great European city through introductions to the gastronomic delights and the retail grandeur at the Budapest Great Market Hall.

Travel and accommodation

Accommodation and travel will be booked by the faculty for this opportunity, and students will be expected to pay the full amount following confirmation of their place. The #DMUglobal bursary will be deducted from the cost of the trip at payment stage.

Contact details

Visa information

In order to participate in this trip, you are responsible for ensuring that you meet the Hungarian immigration requirements. EU nationals will not require a visa to travel to another EU country.

Non-EU nationals will require a visa to travel to Hungary and are responsible for obtaining a Schengen visa. Further information related to obtaining a visa can be found here.

The #DMUglobal team can provide visa support letters as required, and proof of enrolment can be obtained from the Student Gateway. You must ensure that you apply for your Schengen visa as soon as you have been formally accepted to this opportunity by #DMUglobal. You are responsible for checking processing times and meeting all application requirements in order to ensure that you receive your visa prior to departure. Be aware that immigration decisions are made by individual embassies.

Key Information

  • Departure date: Monday 6 April 2020
  • Return date: Thursday 9 April 2020
  • Estimated cost of travel and accommodation: £250
  • Students will also be required to pay for: UK and in-country transfers, coach travel and entry fees (£48), cultural visits (£20), food, drink and visa (if applicable).
  • #DMUglobal bursary: £150
  • Deadline for application: Monday 4 November 2019 9am