Key facts
The Master in Management (MiM) at Corvinus University of Budapest runs 2 years in Budapest, Hungary, with tuition of €2,500/sem (EEA) · €3,700/sem (non-EEA). The GMAT/GRE is optional.
- Location
- Budapest, Hungary
- Length
- 2 years
- Tuition
- €2,500/sem (EEA) · €3,700/sem (non-EEA)
- Test policy
- GMAT/GRE optional
- Taught in
- English
Corvinus University of Budapest’s Master in Management (MiM) is the English-taught, two-year management master at Hungary’s leading university of economics — an institution whose lineage runs back to the 1920 Faculty of Economics of the Royal Hungarian University.¹ ² Corvinus holds the AACSB and AMBA accreditations and is the only Hungarian member of CEMS, and its MiM runs a flexible 1+1 structure with three year-two specialisations — yet charges a public-style fee of about €2,500 a semester for EEA students and €3,700 for non-EEA students (~€10,000–€14,800 across the degree), a fraction of the marquee Western-European MiMs.¹ ² ⁵
Overview
Corvinus (Budapesti Corvinus Egyetem) is the leading university of economics and management in Hungary. Its history is layered — an Eastern Academy of Commerce in 1899, university-level economics education from 1920, decades as the Budapest University of Economics, and the current name adopted in 2004 — but the through-line is clear: it has been the country’s central institution for training economists and managers for more than a century, and it ranks first nationally in economics and social sciences.² For a long time Hungary’s leading business school sat outside the Western-European brand conversation; what makes Corvinus worth a serious look is the quality signalling underneath the price.
Corvinus holds two international business-school accreditations — AACSB and AMBA — which it says place it among the world’s top business schools.¹ ² It is not EQUIS-accredited, so it is dual-accredited rather than “triple crown” — an honest distinction worth keeping straight. Just as telling is its CEMS standing: Corvinus is the only Hungarian member of CEMS, the global alliance that admits one top business school per country, a member since 1996, with around 8,000 students including roughly 2,000 international students and partnerships spanning over 250 universities.² ⁵ For the wider context on these signals, see our explainer on the CEMS Master in International Management.
Curriculum & Structure
The Master in Management (MiM) is a four-semester (two-year), full-time master taught entirely in English, awarding an MSc.¹ It is built on a flexible “1+1” design: a broad management core in the first year, then a choice of three specialisations in the second — Strategic Project Management, International Sport Business, and Advanced Supply Chain Management.¹ The programme is positioned for “ambitious individuals from all backgrounds,” with no prior management experience required, so it works as a conversion route for non-business graduates as well as a continuation for them.¹ On how a programme like this compares with the “MiM” label more broadly, see MiM vs MSc in Management, and on entering from a different discipline, doing a MiM without a business degree.
The international dimension is built in through CEMS. Corvinus is Hungary’s CEMS member, and its CEMS Master in International Management (CEMS MIM) is delivered through the integrated Management & Leadership master — an international term at a partner school, a corporate business project and skill seminars layered on the home degree.² ⁵ It’s worth being precise here: the MiM profiled on this page is Corvinus’s broader, three-specialisation management master, while the formal CEMS-track degree is the separate Management & Leadership programme — so if the CEMS route is your specific goal, apply to that track.
Application & Deadlines
Admission is without a mandatory GMAT or GRE. Corvinus assesses applicants to the standalone MSc in Management through an in-house written entrance examination — plus an oral exam for some applicants — and will accept a recognised test score as an alternative if you have one: at least GMAT 500, GRE 300, NMAT 150 or CAT 80th percentile.³ Because no admitted-student GMAT average is published, those are acceptance thresholds, not a class profile, so we don’t quote a range. The standalone MSc in Management does not require a separate English certificate (the programme is taught in English), whereas the CEMS-integrated Management & Leadership track requires TOEFL iBT 100 or IELTS 7.0.³ A €95 application fee applies.³ For test-optional routes generally, see our guide to a MiM in Europe without the GMAT.
The timeline is unusual in one important way: Corvinus runs a single annual September intake, not rolling rounds. For the 2026 intake, the application platform closed on 25 June 2026 for self-funded, visa-requiring international applicants (with the written entrance exam by 28 June and oral exams 15–17 July), and stayed open until 13 August 2026 for EU/EEA and non-visa nationals (written exam 16 August, oral exams 24–26 August).⁴ With only one window a year, the binding constraints for an international applicant are this application deadline and the time afterwards for a Hungarian student visa or residence permit, so plan early — and because it’s effectively a single round, weigh the Round 1 vs Round 2 timing question accordingly. Confirm the current cycle’s exact dates on Corvinus’s application page, and map your targets on our deadline tracker.
Tuition & Funding
Tuition is about €2,500 per semester (990,000 HUF) for EEA students and €3,700 per semester for non-EEA students — roughly €10,000 (EEA) to €14,800 (non-EEA) across the two-year, four-semester programme — plus a €95 application fee.¹ ³ Your rate depends on your EEA / non-EEA status, so check which applies to you before you budget.
Even at the non-EEA rate, this is an affordable management master by European standards — well below the €30,000–€45,000 the top private Western-European grandes écoles and UK schools command — and Budapest’s markedly lower living costs compound the saving versus Paris, London or Zurich. That value is the headline reason to look at Corvinus: AACSB/AMBA-accredited, CEMS-member quality in a Central-European capital at a price far closer to a public university than to the private MiM market. For the wider cost picture, see the cheapest MiM in Europe shortlist, how much a MiM in Europe costs, and low-cost and tuition-free MiM options.
Career Outcomes
Corvinus does not publish a single headline graduate-salary figure for the Master in Management on its public programme page, so — consistent with our sourcing policy — we do not quote one here; confirm current employment and salary data in the school’s own reporting.¹ What the school does describe are the destinations: graduates move into roles as strategy makers, (top) managers, management consultants, project managers, supply-chain managers, business-development managers, HR managers, product managers — and, fitting the sport-business specialisation, even sports-club managers.¹
The portable signals that carry weight with recruiters are real: the AACSB and AMBA accreditations, CEMS membership (with its corporate partners and international placement, accessible via the Management & Leadership track), and a programme that lets you specialise into project management, sport business or supply chain rather than staying purely generalist.¹ ² Weigh whether the trade-off works for your target market in is a MiM worth it in 2026?, and on staying to work in the region, our guide to post-study work visas for MiM graduates in Europe.
Reputation
A century-plus of heritage (lineage to 1920), AACSB and AMBA accreditation, CEMS membership since 1996 as Hungary’s sole member, a student body of roughly 8,000 (about 2,000 international), and a first-place national standing in economics and social sciences make Corvinus the clear academic leader among Hungary’s business schools and a credible, value-led route into a European management master.² ⁵ It is the strongest option for an applicant who wants internationally accredited, CEMS-connected quality in a Central-European capital at a public-style price rather than a premium Western-European one — provided you’re comfortable that it’s a regional leader rather than a global marquee brand, and that its MiM doesn’t carry a verified Financial Times Masters in Management world rank (Corvinus’s FT-ranked programme is its separate Master in Finance, not this degree).
For the wider context, weigh Corvinus against the other European options on the full rankings, the cheapest MiM in Europe shortlist, and the other Central-European entrant we profile, SGH Warsaw School of Economics, and read how to build a MiM profile as you plan your application.
¹ Corvinus University of Budapest — MSc in Management (Master in Management, MiM) (official programme name “Master in Management (MiM)”, MSc degree, English-only, 4 semesters / 2 years, 1+1 structure with three specialisations — Strategic Project Management, International Sport Business, Advanced Supply Chain Management; EEA 990,000 HUF / ~€2,500 per semester, non-EEA €3,700 per semester; all-backgrounds entry; graduate destinations; retrieved 22 June 2026).
² Corvinus University of Budapest — About the university (history: Eastern Academy of Commerce 1899, university-level economics from 1920, renamed Corvinus 2004; AACSB and AMBA accreditations; only Hungarian CEMS member; ~8,000 students incl. ~2,000 international; 250+ partner universities; first nationally in economics/social sciences; retrieved 22 June 2026).
³ Corvinus University of Budapest — Admissions requirements (in-house written entrance exam + oral exam; recognised tests accepted with minimum GMAT 500 / GRE 300 / NMAT 150 / CAT 80th percentile; English certificate required for the Management & Leadership / CEMS programme — TOEFL iBT 100 / IELTS 7.0; €95 application fee; retrieved 22 June 2026).
⁴ Corvinus University of Budapest — Application information (2026 intake timeline) (self-funded / visa-requiring applicants close 25 June 2026, written exam 28 June, oral 15–17 July, documents by 31 July; EU/EEA & non-visa applicants close 13 August 2026, written exam 16 August, oral 24–26 August, documents 31 August; application fee due by the deadline; retrieved 22 June 2026).
⁵ CEMS — Corvinus University of Budapest (Hungary’s only CEMS member; member since 1996; CEMS Master in International Management; CEMS learning experience and support services rated among the best by students in recent years; retrieved 22 June 2026).
Frequently asked questions
How much does the Corvinus Master in Management cost?
Is Corvinus University of Budapest accredited and well regarded?
Does Corvinus offer the CEMS Master in International Management?
Do you need the GMAT for the Corvinus Master in Management?
When is the Corvinus application deadline?
Sources
- Corvinus University of Budapest — MSc in Management (Master in Management, MiM) uni-corvinus.hu ↗ — Corvinus University of Budapest (retrieved Jun 2026)
- Corvinus University of Budapest — About the university (history, accreditations, CEMS, scale) uni-corvinus.hu ↗ — Corvinus University of Budapest (retrieved Jun 2026)
- Corvinus University of Budapest — Admissions requirements (entrance exam, GMAT/GRE thresholds, English, application fee) uni-corvinus.hu ↗ — Corvinus University of Budapest (retrieved Jun 2026)
- Corvinus University of Budapest — Application information (2026 intake timeline) uni-corvinus.hu ↗ — Corvinus University of Budapest (retrieved Jun 2026)
- CEMS — Corvinus University of Budapest (Hungary's only CEMS member; member since 1996; CEMS MIM) cems.org ↗ — CEMS Global Alliance (retrieved Jun 2026)