Budapest University of Technology and Economics

Budapest University of Technology and Economics

Budapesti Műszaki és Gazdaságtudományi Egyetem
Latin: Universitas Budapestinensis Scientiarum Technicarum et Oeconomicarum
Other name	Műegyetem
Former names	Institutum Geometrico-Hydrotechnicum Royal Joseph Polytechnic University Joseph University of Technology and Economics Technical University of Budapest
Motto	Courses in Contemporary Engineering - harmonising theory and practice
Type	Public university
Established	1782; 242 years ago (1782)
Academic affiliations	EUA, CESAER, IAU, Santander Network, DRC, SEFI, AUF, International Student Exchange Programs, IAESTE, ESTIEM, NEPTUN, TIME, Athens Programme, AIESEC, GBME, W3C, Washington University in St. Louis, McDonnell International Scholars Academy[1]
Chancellor	Attila Kotán
Rector	Tibor Czigány
Students	20 152 (in 2019)
Location	Budapest , Hungary
Colours	Claret
Website	bme.hu

The Budapest University of Technology and Economics (Hungarian: Budapesti Műszaki és Gazdaságtudományi Egyetem or in short Műegyetem), official abbreviation BME, is a public research university located in Budapest, Hungary. It is the most significant university of technology in the country and is considered the world's oldest institute of technology which has university rank and structure. It was founded in 1782.^[3]

More than 110 departments and institutes operate within the structure of eight faculties. About 1100 lecturers, 400 researchers and other degree holders and numerous invited lecturers and practising expert specialists participate in education and research at the Budapest University of Technology and Economics. Approximately 1381 of the university's 21,171 students are foreigners, coming from 50 countries. The Budapest University of Technology and Economics issues about 70% of Hungary's engineering degrees. 34 professors/researchers of the university are members of the Hungarian Academy of Sciences.

Training courses are provided in five languages: Hungarian, English, German, French and Russian.

The ECTS credit system was introduced in 1995. This helps students to enroll in the student exchange program of the European Union, the Socrates (also known as Erasmus), and earn a double degree through the Top Industrial Managers for Europe network.