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Scope for Masters (MSc) in Hungary

Master’s students can stay in Hungary for approximately 9 months to look for jobs after completing their studies. But, they must have residence permits for the same. Students who want more time to stay back and find a job can also apply for Temporary Residence Certificate in Hungary. Speaking of the job market of Hungary, the country offers a quality and affordable workforce to start-ups, thanks to its low living costs and superior quality universities. More entrepreneurs are looking to start a business in Hungary compared to the other European nations, mainly because Hungary is one of the best destinations from a business point of view. With an unemployment rate of just 3.7%, there is good scope for master's (MSc) in Hungary for international students.

Job opportunities in Hungary after MS depend on the candidate’s talent. Moreover, your choice of Hungarian university and master's specialization matters. Almost every other Hungarian university for masters features its own career office where students can avail information about job availability in their chosen fields of study. These offices recommend career prospects through databases to candidates looking for the best positions and even guide career management and planning.

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Each year, Hungary receives a large number of master's admission applications from international students, mainly due to the superior quality of education it offers in the fields of engineering, management, media, and arts. Career prospects after MSc in Hungary are huge in sectors like construction materials, mining, chemicals, food processing, and textiles. The most common career prospects in Hungary after a master's have been provided below with their average annual salaries:

  • Engineer: HUF 6.10K
  • Healthcare Professional: HUF 7.50K
  • Marketing Manager: HUF 6.50K
  • Business Manager: HUF 10.50K
  • Hospitality / Tourism: HUF 3.20K
  • Financial Analyst: HUF 6.50K
  • Finance / Investment / Accounting Manager: HUF 4.50K

For more such details, contact the GoHungary study consultants at the earliest.

Students with a degree in Economics can expect to earn a net salary of HUF 340 million over their complete career path. Also, the average starting income of master's students graduating from popular Hungarian universities is much higher than that of students from other European countries, and students can easily find jobs within a month.

Masters Scope
Masters Scope

Career prospects after MS are huge in Budapest, the national capital, mainly because it features the headquarters of several international businesses. Budapest offers the best career scopes for masters students also because of its low expenses and central location within Europe. In Budapest, you can find some of the most lucrative careers in the field of finance, banking, trade, retailing, tourism, transportation, media, real estate, legal services, advertising, fashion, arts, insurance, and accountancy. The most significant multinational employers of masters students in Budapest include:

  • Morgan Stanley
  • IBM
  • HP or Hewlett-Packard
  • Ericson Worldwide
  • Tata Consultancy Services
  • Nokia Solutions and Networks
  • General Electrics
  • Deloitte
  • Prezi
  • Bosch
  • Coca-Cola
  • Microsoft
  • IKEA
  • L’Oreal
  • Nestle

To know more about the scope for Masters and career opportunities after a master's in Hungary, rely on the certified and qualified study consultants at GoHungary. Call us now!

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