Why Students Are Choosing to study in Hungary for Business and Beyond

Posted date: 20 Dec 2024

Study abroad Hungary is rapidly becoming a sought-after destination for international students interested in business education and broader career opportunities. With its innovative academic programs, affordability, and a thriving entrepreneurial environment, Hungary is carving its place as a top study destination in Europe.

1. Earn a British Degree Without Leaving Europe

Hungarian institutions like Budapest Metropolitan University and IBS Budapest have partnerships with British universities such as the University of Buckingham. These collaborations allow students to graduate with internationally recognized British degrees, providing access to a global network of opportunities. These programs maintain UK-level academic rigor while being offered at far more affordable rates.

2. Affordable Tuition Fees and Low Living Costs

Business programs in Hungary cost significantly less compared to other European countries or the UK. For instance, tuition fees for bachelor’s programs in business range from €2,500 to €5,000 per year, while master’s programs typically cost between €5,000 and €7,000 per year. The average monthly living cost, including accommodation, food, and transport, ranges from €600 to €800, making Hungary an ideal choice for budget-conscious students.

3. Diverse and Industry-Focused Business Programs

Hungarian universities offer a wide range of business specializations, including:

• International Business Administration: Programs focus on global trade, logistics, and international finance.

• Marketing and Communication: Courses blend creative strategy with market research techniques.

• Entrepreneurship and Innovation: Students learn startup creation, funding strategies, and business scaling.

• Finance and Accounting: Accredited programs align with international standards, equipping students with financial analysis skills.

These programs incorporate internships and partnerships with companies like MOL Group, Audi Hungary, and OTP Bank, ensuring real-world relevance.

4. Budapest: A Thriving Startup and Business Hub

Budapest has been recognized as a rising star in the European startup ecosystem. Organizations such as Startup Campus and the Hungarian Venture Capital and Private Equity Association actively support entrepreneurial ventures. Business students can participate in hackathons, pitch competitions, and networking events that connect them to industry leaders and potential investors.

5. Opportunities for Part-Time Work

Studying in Hungary allows international students to work up to 20 hours per week during their studies. Many students secure part-time roles in sectors like hospitality, retail, or administrative support. Additionally, universities often help students find internships in companies such as KPMG, Bosch, and Ericsson, giving them practical experience that complements their studies.

6. Post-Graduation Pathways to European Careers

Hungary’s residence permit for job seekers allows international students to stay in the country for up to 9 months after graduation to search for employment. With its strategic location in Central Europe, Hungary provides graduates access to opportunities in the broader European Union, including Germany, Austria, and the Netherlands.

7. English-Taught Programs for Global Students

Hungarian universities offer a variety of English-taught business programs, ensuring accessibility for international students. Professors with industry expertise bring a global perspective to the classroom, and courses often feature guest lectures from executives at leading European companies.

8. Rich Cultural and Student Life

Beyond academics, Studying in Hungary provides an exceptional and enriching student life experience. Budapest, often referred to as the "Paris of the East," is famous for its vibrant café culture, thermal baths, and UNESCO World Heritage Sites. Universities host cultural events, networking evenings, and career fairs, fostering a strong sense of community among students from diverse backgrounds.

9. Simplified Visa and Application Process

Hungary’s straightforward student visa process is another draw for international students. The country boasts a high visa success rate and efficient processing times. With a residence permit, students also enjoy the freedom to travel across the Schengen Zone, expanding their horizons beyond Hungary.

10. Scholarship Opportunities for Business Students

The Stipendium Hungaricum scholarship program is a key attraction for international students. Covering tuition fees, monthly stipends, accommodation allowances, and health insurance, this government initiative ensures access to Hungary’s quality education system for students from over 70 countries.

Study in Hungary offers a unique combination of globally recognized degrees, affordable education, industry-linked programs, and cultural vibrancy. Whether you’re aiming for a career in international business, exploring entrepreneurial ambitions, or simply seeking a transformative educational experience, Hungary provides a robust foundation for success in business and beyond.

Posted By

GSP Admin