Scholarship for MBA in Hungary

Universities offers Scholarships for Masters in Hungary : University of Debrecen
Name of the Scholarship : Stipendium Hungaricum Scholarship
Eligibility : International students
Amount : Free tuition for the entire duration of studies

If you plan to study MBA in Hungary, you must already know about the program's tuition fees. Though it is not an expensive affair to study MBA at Hungarian business schools, there are some good international student scholarships for MBA in Hungary available. There are also Government of Hungary scholarships for MBA available to international students, offering them funds that help them manage the cost of studying and living in Hungary to a considerable extent. Well, the scholarships for MBA in Hungary are also known for providing superior quality education and sufficient job opportunities.

First on the list of scholarships for an MBA in Hungary for Indian students is the Stipendium Hungaricum Scholarship Program, which covers varied expenditures, like medical insurance, tuition fees, housing allowance, and a monthly stipend. Approximately 5 000 students from more than 70 partner nations are awarded the Stipendium Hungaricum each year. Based on the bilateral educational cooperation contracts signed between the education ministries of the sending nations and Hungary, the program currently engages 90 sending partners offering more than 600 full-degree study programs, covering all major fields of higher studies in Hungary. For more details about it, talk to the GoHungary study experts at the earliest.

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Provisions of the Stipendium Hungaricum Scholarship Program include:

Tuition-free MBA or approved candidates are exempt from paying MBA tuition fees.
Monthly stipend of HUF 43, 700 contributing to the living expenses of international students in Hungary, for a year, until the completion of their study program.
Supplementary medical insurance for around HUF 65 000 per year per person and health care services per relevant Hungarian legislation.
HUF 40 000 per month as accommodation contribution for the entire scholarship period or free dormitory space. For students who do not live in dormitories, the contribution of HUF 40 000 per month should meet their rental costs. However, this contribution may not cover the entire cost of staying in a rented apartment in larger cities.

Other top Hungary scholarships for international students to do MBA include:

University Scholarships: These scholarships come from some of the most popular MBA universities in Hungary and are completely based on international students' financial need and academic merit. Different universities in Hungary feature different scholarship programs that generally cover the entire tuition fees for MBA while also providing a monthly stipend. Going through the portals of individual MBA universities in Hungary is recommended for clear information about university-specific scholarships. For further assistance, you can rely on the study experts at GoHungary.
Tempus Public Foundation Scholarships: The Tempus Public Foundation in Hungary offers different scholarship programs to international students, including those taking up MBA studies. These scholarships cover living expenditures, health insurance, tuition fees, and accommodation. The monthly stipend available through this scholarship is HUF 128, 520 while the contribution towards student accommodation is HUF 40 000. There is also the provision of reimbursement of transportation costs up to HUF 200 000 per academic year, along with medical insurance up to HUF 65 000 per person per year.

To know more about 2023-2024 scholarships for MBA in Hungary, book a consultation with the counselors at GoHungary. We have tie-ups with many Hungarian MBA schools. Hence, we can offer 100% scholarship guidance to all MBA aspirants in Hungary. Connect with us now!

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