Updated on Dec, 18 2025 07:26 IST
Study MBA Finance in Hungary
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An MBA in Finance is one of the most sought-after programs for students who wish to gain mastery over finances of a business. When you study MBA in finance, the course helps you understand everything around finances, investments, global markets, and risk management. You develop sharp analytical skills required to meet the demands of high-level positions in investment and banking firms. If you are looking to study MBA abroad, consider Hungary. The country is located in the heart of Europe, offers an ideal environment for pursuing an MBA in Finance. Its universities combine strong academic foundations with practical learning and international exposure. With affordable tuition fees, a safe and culturally vibrant atmosphere, and globally recognized degrees, Hungary has become a preferred destination for Indian and international students looking to study abroad aiming for a world-class MBA education without the heavy expenses of Western Europe. In this document, we will guide you through all the key details you must know to study MBA in Finance in Hungary — from eligibility, fees, and scholarships to the overall admission process.
The eligibility criteria to study MBA in Finance in Hungary are standard for most universities but vary slightly. Before you send your application, it’s crucial to know whether your qualifications match the requirements. Most Hungarian universities follow the given eligibility criteria to accept applications:
For Master’s (MBA in Finance):
A Bachelor’s degree in business, economics, or a related subject from a recognized university.
A strong academic record with minimum 65–70% marks.
Some universities may ask for relevant work experience of one to two years.
Language Proficiency Requirements:
IELTS score of 6.5 or above, or a TOEFL iBT score of 90 or higher.
For a Hungarian-taught MBA program, a B2/C1 level certificate in the Hungarian language is mandatory.
Applying to study MBA in Finance in Hungary involves a documentation process. Preparing your documents in advance ensures your application process is smooth. Since international student applications take longer to process, you need to keep the following documents ready well before time:
Academic Documents:
Bachelor’s degree certificate and semester-wise mark sheets.
Officially translated transcripts in English or Hungarian.
Language Proficiency Documents:
IELTS or TOEFL scorecard
Proof of B2/C1 language proficiency for Hungarian-taught courses
Identity and Personal Documents:
A valid passport
Birth certificate
Recent passport-size photographs (6–8)
Financial Proof:
Bank statements to show your financial health to study in Hungary.
Sponsorship or scholarship certificates.
Application Documents:
Application form
Statement of Purpose
Letters of Recommendation
Curriculum Vitae
Work Experience Letters
Professional References
Health and Visa Documents:
A valid health insurance certificate
Medical fitness report
Hungary is home to some of the most well-known universities offering an MBA in finance. These universities are chosen by Indian students for their world-class education quality, modern infrastructure, and experienced faculty. Here is a list of the top universities you can consider to study in Hungary:
Eotvos Lorand University: Programs:
MBA in Finance
University of Pécs: Programs:
MBA (Finance modules)
University of Debrecen: Programs:
MBA (Finance modules)
Corvinus University of Budapest: Programs:
MSc in Finance
Budapest University of Technology and Economics: Programs:
Master in Finance
Central European University: Programs:
Executive MBA
MSc in Finance
The tuition fees to study in Hungary may depend on various factors including the program. Also, the tuition fee is a bit on the higher side for Non-EU/EEA students. Given below is a detailed fee structure charged by top management universities offering MBA in Finance in Hungary:
| University | Program | Annual Fees |
|---|---|---|
| Eotvos Lorand University | MBA | € 4,000 – € 8,000 |
| University of Pecs | MBA | € 5,000 – € 8,000 |
| University of Debrecen | MBA | € 6,500 – € 7,000 |
| Corvinus University of Budapest | MSc | € 6,000 – € 9,000 |
| Budapest University of Technology and Economics | Masters in Finance | € 5,000 – € 7,000 |
| Central European University | Executive MBA | € 25,000 – € 32,000 (full-program) |
| MSc | € 12,000 – € 15,000 |
Hungary provides scholarships and grants to international students. These scholarships cover tuition fees and living expenses, helping deserving candidates pursue their studies. If you are an Indian student looking to study in Europe, explore the following scholarships and grants:
Government Scholarships:
The Stipendium Hungaricum Scholarship is offered to Non-EU/EEA students including Indians who want to study in Hungary. This helps cover their full tuition fees, accommodation, and medical insurance expenses.
University-Specific Scholarships:
Universities, such as Corvinus University and CEU, offer merit-based awards. The Corvinus University Excellence Scholarship recognizes outstanding MBA students.
The CEU Master’s Excellence Award offers partial or full tuition waivers to deserving students.
The curriculum to study MBA in Europe blends academic theory with practical financial management, live team projects, and industry-based internships. The program to study MBA in Finance in Hungary lasts between 1.5 to 2 years. Here are the details:
The program is divided into 3-4 semesters.
90 and 120 ECTS credits.
For MBA programs, Hungarian universities offer two intakes per year — Fall and Spring. The Fall intake is the main intake period for international students including Indians looking to study in Hungary. Here are the complete details about intake and deadlines to study MBA in Finance in Hungary:
Fall Intake (Main):
Most programs begin in September.
Applications are accepted from February to May.
Spring Intake (Secondary):
Programs begin in February.
Applications are accepted from September to November.
Getting admission to study abroad involves a few steps. For many Indian students, it may feel confusing or difficult to understand everything without professional support. That’s why our team at Anigdha is here to guide you from start to finish. Here’s how our expert consultants can help:
Choosing the Right University: We start by helping you select the best university to study in Hungary. The choice depends on your grades, budget, preferred city, and eligibility. We know Hungarian universities well, so we make sure you choose the right one for your MBA.
Preparing Your Documents: Next, we help you collect all the eligibility documents such as your marksheets, test scores, CV etc. You don’t need to worry about what to arrange as our consultant will approach you with a ready checklist.
Submitting Your Application: Once all documents are ready, we fill out your online application form. We check everything carefully to ensure everything is complete and accurate. This increases your chances of getting through the application process.
Paying the Fees: After reviewing your application and documents, if the university finds your candidature suitable, the authorities will send you an approval letter. After this, you have to pay your tuition fee as instructed by the university.
Applying for Your Visa: Once you make the payment, the university sends your official admission letter. Then we start your visa process. We help you with preparing all visa documents, filling the form accurately, and even booking your Embassy appointment.
Travel and Accommodation: When your visa to study in Europe is approved in 4–6 weeks, we help you plan your travel. We assist you with finding affordable flights and booking safe and comfortable student accommodation.
Am I required to have work experience to apply to study MBA in Finance in Hungary?
No, work experience is not mandatory but is highly preferred by most management universities in Hungary.
What are the English language test requirements to prove the language proficiency?
A score of IELTS 6.5 or TOEFL iBT 90 is required to eligible to apply for the program.
Is MBA from Hungary recognized at an international level?
Yes, MBA programs in Hungary are recognised across the globe.
How much tuition fee am I expected to pay to study in Hungary?
Tuition fees range from €1,200 to €2,200 per semester.
How much time will the complete admission process take?
After applying, you can expect to receive your admission letter between 4–6 weeks.
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