The main issue the research aims to handle and investigate is related to the effectiveness of the internationalization status of the Hungarian higher education system. This was discussed and investigated by examining different related aspects. For instance, the intercultural competence of foreign students is partly neglected by Hungarian higher education institutions. Based on the Hungarian literature, it was found out that Hungarian universities’ internationalization process does not consider the interactive approach which aims to mix foreign with domestic students. Some authors justified this issue due to the language anxiety of domestic students. Others argue that the introverted personality of domestic students is the reason behind the lack of integration between the two groups. Besides this, the research also argues that lack of social tolerance and second language quality education could be another reason behind this problem and this may negatively affect the two parties. On the other hand, some academics recommend that it is necessary to arrange joint classes, events, and workshops that aim to mix two groups and enhance their intercultural competence. Achieving this objective has economic returns on universities since it enhances the level of students’ creativity and reduces their anxiety. Also, it has economic returns on the labor market since multinational companies’ managers are usually looking for individuals with specific features such as a high level of social tolerance as well as the flexibility to work in multi-cultural teams. Based on that, the research has built its scientific debate based on four important factors. Firstly, on the macroeconomic level, the research investigated the economic value of the English language, social tolerance, and quality education. Secondly, on the microeconomic level, the research first investigated Hungary’s economic performance in terms of these previously mentioned variables and then validated an intercultural competence model on the foreign students at the University of Debrecen, which is considered one of the largest educational institutions in the level of the country.