Updated on Feb, 03 2026 06:23 IST
Study Economics in Hungary
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Are you someone with a keen interest in banking, trade, global economy, and market trends? Well, the field of economics can be a great choice for you. While you study economics, you get to learn how money flows in an economy, how financial decisions are driven, and what demand and supply cycles are. If you have always had a dream to study in Europe, we suggest you choose Hungary. Hungary has many good universities equipped with modern classrooms, libraries, and computer labs. Students get to study theory and also do case studies, projects, and presentations. So learning is a good blend of practical knowledge and theory. Many international students choose Hungary because courses are in English and the tuition fee to study in Hungary is quite affordable. Hungary is a safe country and living cost is lower than many European countries. So, it is good option for Indian students looking to study abroad. If you are confused about where to get started, we will explain everything about studying in Hungary. Get to know all about economics programs, eligibility, top universities, and more.
Non-EU/EEA Students must fulfil some basic criteria to be eligible to study in Hungary. If you want to apply for Economics programs in Hungary, you must match the criteria set by most Hungarian universities. Read on an know all the requirements in detail:
For Bachelors in Economics:
12th pass from recognised board
Around 55–60% marks or above
Math is a preferred subject
For Masters in Economics:
Bachelors in Degree in Economics or a related field
60% or above marks
Some universities may take a small interview
Language Proficiency Requirements: Courses are taught in English. Students must show their proficiency in the language through:
IELTS – 6.0 to 6.5
TOEFL – 80 to 90
If you previous education/schooling was in English-medium, you can also submit an MOI. Do check the university website if they accept it or not.
Before you start your study abroad journey, make sure that you all the required documents to prove your eligibility. If you are an Indian student who always wanted to study in Hungary, arrange these documents and get your file ready at the earliest:
Academic Documents
Bachelors
10th marksheet
12th marksheet
Masters
Bachelor’s degree
Semester-wise marksheets
Identity Documents
Valid passport
Passport-size photos (4-6)
Statement of Purpose (SOP)
Financial Documents
Bank statement
Scholarship letter (if available)
Health and Visa Documents
University admission letter
Medical certificate
Health insurance
Visa application form
Accommodation proof
Tuition fee payment receipt
Hungary is home to some of the topmost universities offering programs in the field of economics. All are internationally recognised and carry a good reputation in the job market. If you are an Indian student looking to study economics in Hungary, here are your top choices:
Eotvos Lorand University - Programs:
Bachelors and Masters in Economics, Business Economics
University of Debrecen - Programs:
Bachelors and Masters in Economics, Finance
University of Szeged - Programs:
Bachelors and Masters in Economics, Business
Budapest Business School - Programs:
Bachelors and Masters in Finance, International Business, Management
Hungary is a highly affordable European country to study economics. Every year thousands of foreign students choose to study in Hungary because of its low-cost education. Given below are the average tuition fee details of top Hungarian universities offering programs in economics:
| University Name | Annual Tuition Fees |
|---|---|
| Eotvos Lorand University | €3,000 – €4,500 |
| University of Debrecen | €2,500 – €4,000 |
| University of Szeged | €3,000 – €4,500 |
| Budapest Business School | €3,500 – €6,000 |
Many students worry about their study abroad cost, but good thing is that there are number of scholarships and grants available in Hungary. Scholarships can help reduce tuition fee and living cost. You can even study without paying any tuition fee. Here are the popular grants available:
Government Scholarships: Hungarian government offer merit-based rewards to deserving students and these are available to Indian students:
Stipendium Hungaricum: The benefits offered include:
Full tuition fee reduction
Monthly stipend
Free or supported accommodation
Health insurance
University Scholarships: Some universities give fee discount for students with good academic performance. This helps many students reduce their financial burden of studying abroad.
Hungary offers both bachelors and masters programs in the field of economics and the duration may vary on the level of degree. The duration for a bachelor’s program in Economics is 3 years which is the same in all European countries. Here are the complete details:
Bachelor’s Degree in Economics: 3 years (divided into 6 semesters)
Master’s Degree in Economics: 2 years (divided into 4 semesters)
If you want to study Economics in Hungary, we advise that you should apply early. Thousands of students apply every year and seats are limited. Even though there are two intakes, fall intake has more courses and you should keep a check on the given deadlines:
Fall (main) Intake – September
Applications Start – January
Deadline – May to June
Some courses may have February intake but less common.
From start to finish an expert like Anigdha is all you need by your side to get through the challenging admission process of top Hungarian universities. Here is how the study abroad process looks like an dhow we will support you at each single step:
Choose a University: We talk with you to know what you want to study in Europe and what are your career goals. Then we help you choose a university that fits your marks and budget. We also check university’s eligibility criteria to know if your credentials match their requirements.
Get Your Documents Ready: We help you gather all your needed papers like your marksheets, language proficiency tests, passport, and other documents. We check them and keep them ready to be uploaded along with your application form.
Send Application: We fill your application form and upload it along with your documents on the university website. We check all details carefully so that there are no chances of rejection due to errors.
University Review: The University checks your application and documents thoroughly. Sometimes they may take a short interview. This may take some time and you can come back to us for any support in case a query is raised by the university.
Pay Tuition Fees: If you get selected, you pay the fees to the university to accept the offer and confirm your seat. Then you get your final admission letter. This is a very crucial document for your visa processing.
Visa Processing: We help you prepare all the necessary visa papers and fill the visa form. We guide you for embassy submission and appointment booking. Timely submission of your visa application and documents is our top priority.
Travel and Accommodation: After visa approval in a few weeks, we help you book flight tickets and find a place to live near your college. We support you till you reach and start your study abroad With our support, you will fulfil your dream to study in Europe without any stress or hassle.
Is Economics course in Hungary taught in English?
Yes. Most courses are fully taught in English making it a great choice for Indian students.
Can Indian students apply to study economics in Hungary?
Yes. If your credentials match the eligibility criteria to study in Hungary, you can apply for the course.
Is Maths compulsory to study economics in Hungary?
No, not always but is a preferred subject to be eligible to study economics in many universities.
Is Hungary affordable?
Yes. Hungary is very affordable when compared to many European countries.
Is degree valid worldwide?
Yes. Hungarian degrees are accepted globally and are well recognised in India.
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