In 1950 the university was reorganized and adopted its present name. It was named after one of its professors, the world-famous physicist, Loránd Eötvös.
Recently, a new campus has been built on the scenic banks of the Danube. This campus, Lágymányos Campus is now home to three faculties: Faculty of Informatics, Faculty of Science, and Faculty of Social Sciences.
Currently, the university has eight faculties: Education and Psychology, Humanities, Informatics, Law, , Primary and Pre-School Education, Science, Social Sciences, , and the Bárczi Gusztáv Faculty of Special Needs Education.
Internationalization as an inherent part of the institutional strategy plays an important role in the development of education, research, and the institution itself.
As for research, the following aims have been established: research activities of international standards; a research portfolio complying with national and European recommendations; strengthening research potentials; successful participation on the international ... R&D market; look for financial sources for research activities; supporting researchers so that they reach results at an international level and in the international dissemination of the results.
To reach these goals, ELTE is building an international network of partner institutions and thus supports teaching and research projects and developments within the institution. The internationalization efforts provide students with a wider perspective and improve their employability and they also provide a supporting and stimulating professional academic environment to the academic staff at ELTE.