1. Quality Education: Hungarian universities are known for providing high-quality education. Many universities in Hungary offer MIM programs that are designed to equip students with the necessary management skills and knowledge. The programs often have experienced faculty members, modern facilities, and a practical approach to learning.
2. Strategic Location: Hungary is centrally located in Europe, making it a strategic hub for business and commerce. Studying MIM in Hungary provides an opportunity to gain insights into the business environment in Central and Eastern Europe. You can learn about the unique challenges and opportunities specific to this region.
3. Business and Innovation Hub: Hungary has a thriving business and innovation ecosystem. Budapest, the capital city of Hungary, is home to numerous multinational companies, startups, and entrepreneurial initiatives. Studying MIM in Hungary can provide you with exposure to this vibrant business environment and opportunities for internships, networking, and future career prospects.
4. Cultural and International Exposure: Hungary offers a rich cultural heritage and a diverse international community. Studying MIM in Hungary allows you to experience a multicultural environment, interact with people from different backgrounds, and develop a global perspective on management practices.
5. Affordable Tuition Fees: Compared to some other European countries, Hungary offers relatively affordable tuition fees for international students. Studying MIM in Hungary can be a cost-effective option without compromising on the quality of education.
6. Networking Opportunities: Studying MIM in Hungary provides opportunities to network with fellow students, faculty members, and professionals in the field of management. The universities often organize networking events, guest lectures, and career fairs that can help you establish valuable connections and enhance your career prospects.
7. Entrepreneurship and Innovation: Hungary has a growing startup ecosystem and a supportive environment for entrepreneurship and innovation. Studying MIM in Hungary can expose you to entrepreneurial thinking and provide opportunities to engage with startup communities and initiatives.
8. European Union Membership: Hungary is a member of the European Union (EU), which offers various benefits for students studying in Hungary. EU students can enjoy certain privileges, including access to scholarships, favorable visa regulations, and opportunities to study and work in other EU countries.
University |
Course Duration |
Fees (approx.) |
Specializations |
|---|---|---|---|
|
Budapest University of Technology and Economics |
2 years |
N/A |
Business Analytics, Strategic Management, International Business, Finance, Marketing, Operations Management |
|
Corvinus University of Budapest |
2 years |
N/A |
International Business, Marketing, Strategic Management, Finance, Human Resource Management, Organizational Behavior |
|
Central European University (CEU) |
2 years |
N/A |
Business Analytics, Finance, Marketing, Strategy, Technology Management, Entrepreneurship, Innovation |
|
Eötvös Loránd University (ELTE) |
2 years |
N/A |
Entrepreneurship, Human Resource Management, Marketing, Organizational Development, Project Management |
|
University of Debrecen |
2 years |
N/A |
General Management, Marketing, Finance, Human Resource Management, Strategic Management |
|
University of Pécs |
2 years |
N/A |
Business Analytics, Finance, Marketing, Strategic Management, Organizational Behavior |
1. Fall Intake: The primary intake for MIM programs in Hungary typically begins in September or October. The application deadlines for the fall intake are usually in the months of May to July. It is important to check the specific university's website or contact the admissions office for the exact deadlines.
2. Spring Intake (if applicable): Some universities may offer a spring intake for MIM programs, starting in February or March. The application deadlines for the spring intake may be in the months of October to December. Not all universities have a spring intake, so it is important to check the availability with the respective university.
University |
Specializations |
QS World Ranking (2021) |
|---|---|---|
|
Budapest University of Technology and Economics |
Business Analytics, Strategic Management, International Business, Finance, Marketing, Operations Management |
801-1000 |
|
Corvinus University of Budapest |
International Business, Marketing, Strategic Management, Finance, Human Resource Management, Organizational Behavior |
801-1000 |
|
Central European University (CEU) |
Business Analytics, Finance, Marketing, Strategy, Technology Management, Entrepreneurship, Innovation |
801-1000 |
|
Eötvös Loránd University (ELTE) |
Entrepreneurship, Human Resource Management, Marketing, Organizational Development, Project Management |
801-1000 |
|
University of Debrecen |
General Management, Marketing, Finance, Human Resource Management, Strategic Management |
1001+ |
|
University of Pécs |
Business Analytics, Finance, Marketing, Strategic Management, Organizational Behavior |
1001+ |
|
University of Szeged |
General Management, Marketing, Finance, Human Resource Management, Strategic Management |
1001+ |
|
University of Miskolc |
General Management, Marketing, Finance, Human Resource Management, Strategic Management |
1001+ |
|
Szent István University |
General Management, Marketing, Finance, Human Resource Management, Strategic Management |
1001+ |
|
University of West Hungary |
General Management, Marketing, Finance, Human Resource Management, Strategic Management |
1001+ |
1. The tuition fees: For MIM programs in Hungary for international students (non-EU/EEA) can range from approximately €2,000 to €10,000 per year. The exact fees can vary depending on the university, program, and specialization.
2. For EU/EEA students: The tuition fees for MIM programs in Hungary are generally lower and may range from approximately €1,000 to €5,000 per year.
Expense |
Monthly Cost (in EUR) |
Annual Cost (in EUR) |
|---|---|---|
|
Accommodation |
300-800 |
3,600-9,600 |
|
Utilities (electricity, water, internet) |
100-200 |
1,200-2,400 |
|
Food |
200-400 |
2,400-4,800 |
|
Transportation |
30-70 |
360-840 |
|
Study Materials |
30-50 |
360-600 |
|
Health Insurance |
40-70 |
480-840 |
|
Miscellaneous/Leisure |
100-200 |
1,200-2,400 |
|
Total |
800-1,890 |
9,600-22,440 |
1. Academic Qualifications: You will typically need a Bachelor's degree or an equivalent qualification from a recognized university. The degree can be in a related field such as business administration, management, economics, or a similar discipline.
2. Language Proficiency: Since the medium of instruction for MIM programs in Hungary is often Hungarian or English, you will need to demonstrate proficiency in the language of instruction. Some universities may require language test scores, such as the TOEFL or IELTS, to verify your English language proficiency.
3. Work Experience: Some MIM programs may require a minimum amount of work experience. This requirement can vary depending on the university and program. It is important to check the specific requirements of each program you are interested in.
4. Entrance Exams: Some universities in Hungary may require applicants to take entrance exams to assess their aptitude and suitability for the MIM program. The specific entrance exam requirements can vary among universities and programs.
5. Letters of Recommendation: Some MIM programs may require letters of recommendation from professors, employers, or professionals who can attest to your academic abilities, work experience, and suitability for the program.
6. Statement of Purpose: A written statement or essay explaining your motivations for pursuing an MIM degree, your career goals, and how the MIM program aligns with your aspirations.
7. CV or Resume: A curriculum vitae or resume outlining your educational background, work experience, internships, relevant skills, and any other relevant information.
8. Interview: Some universities may conduct interviews as part of the selection process to assess the suitability and motivation of applicants for the MIM program.
1. Completed Application Form: Most universities have an online application system where you will need to complete the application form with your personal and educational details.
2. Bachelor's Degree Certificate: You will need to provide a certified copy of your Bachelor's degree certificate or an equivalent qualification. If your degree is not in Hungarian or English, you may also need to provide an official translation.
3. Academic Transcripts: Official transcripts or academic records of your Bachelor's degree, including all courses completed and grades obtained during your undergraduate studies.
4. Language Proficiency Test Scores: If the MIM program is taught in English, you may need to provide language proficiency test scores, such as the TOEFL or IELTS. Some universities may have their own language proficiency exams.
5. CV or Resume: A curriculum vitae or resume outlining your educational background, work experience, internships, relevant skills, and any other relevant information.
6. Letters of Recommendation: Typically, two or three letters of recommendation are required. These should be from professors, employers, or professionals who can attest to your academic abilities, work experience, and suitability for the MIM program.
7. Statement of Purpose: A written statement or essay explaining your motivations for pursuing an MIM degree, your career goals, and how the MIM program aligns with your aspirations.
8. Valid Passport: A copy of your valid passport or identification document.
9. Passport-sized Photographs: Recent passport-sized photographs as per the university's specifications.
10. Application Fee: Some universities may require payment of an application fee. The fee amount and payment method will be specified by the university.
1. Stipendium Hungaricum Scholarship Program: The Stipendium Hungaricum Scholarship Program is a fully funded scholarship program provided by the Hungarian government. It offers scholarships for undergraduate, master's, and doctoral programs, including MIM programs. The scholarship covers tuition fees, accommodation, a monthly stipend, and health insurance. It is available for students from a wide range of countries.
2. Tempus Public Foundation Scholarships: The Tempus Public Foundation in Hungary offers various scholarship programs for international students, including those pursuing MIM degrees. These scholarships may cover tuition fees, living expenses, accommodation, and health insurance.
3. Erasmus+ Scholarships: Erasmus+ is a European Union program that offers scholarships and exchange opportunities for students and staff. Some universities in Hungary participate in the Erasmus+ program, providing MIM students with the chance to study at partner universities in Europe and receive financial support.
4. University-specific Scholarships: Many universities in Hungary have their own scholarship programs for international students. These scholarships may be merit-based or need-based and can provide financial assistance for MIM students. It is recommended to check the websites of individual universities for information on university-specific scholarships.
5. Government Scholarships: Some countries offer government scholarships or funding programs for students to study abroad. You can explore scholarship opportunities provided by your home country's government for studying MIM programs in Hungary.
6. Private Foundations and Organizations: There are various private foundations and organizations that offer scholarships and financial aid for international students studying in Hungary. These scholarships may have specific eligibility criteria and requirements, so it is advisable to research and explore opportunities from relevant organizations in your home country.
1. Management Consultant: MIM graduates can work as management consultants, providing strategic advice and solutions to businesses and organizations. The salary for management consultants in Hungary can range from approximately €20,000 to €60,000 per year, depending on the level of experience and the size of the consulting firm.
2. Business Analyst: Graduates can pursue careers as business analysts, analyzing market trends, conducting research, and providing insights for business decision-making. The salary for business analysts in Hungary can range from approximately €18,000 to €40,000 per year.
3. Project Manager: MIM graduates can work as project managers, leading and managing projects within organizations. The salary for project managers in Hungary can range from approximately €20,000 to €45,000 per year.
4. Marketing Manager: Graduates can pursue careers as marketing managers, responsible for developing and implementing marketing strategies. The salary for marketing managers in Hungary can range from approximately €20,000 to €45,000 per year.
5. Human Resources Manager: MIM graduates can work as human resources managers, overseeing recruitment, employee relations, and HR strategy. The salary for HR managers in Hungary can range from approximately €20,000 to €45,000 per year.
6. Operations Manager: Graduates can pursue careers as operations managers, overseeing the efficient functioning of business operations. The salary for operations managers in Hungary can range from approximately €20,000 to €45,000 per year.
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