CEU European Business School in Hungary

Provides international education programs in Hungary: first degree, undergraduate degree, dual degree in international business, executive mba, american mba, Executive MBA (Weekend-format)

Costs of Living

Estimated Cost of Living in Budapest 2009/2010

For each month you are living in Budapest, you should consider the below sums of money to cover your expenses in the Academic Year 2009/2010. The costs given here are estimates, in Hungarian Forints (HUF).

To convert cost estimates from Hungarian Forints to US Dollars, Euro or other currencies visit the CIB Bank website.

All costs listed in this document are estimates only and are intended to help students plan their financial resources. Actual expenditures will vary depending on individual spending habits.

CEU estimates that students need to budget an average of 150,000 HUF per month to cover accommodation costs, costs of utilities, meals, city transportation, instructional materials, some personal expenses and incidentals.


1. Rented Accommodation in Budapest



Shared apartment

Range of 35,000 - 60,000 HUF per month


2. Utilities (electricity, gas, water, common fees)



 In shared rented accommodation

Range of 7,000 - 20,000 HUF per month


3. Meals



Student Menu at the CEU cafeterias

790 HUF/day (subject to periodic adjustment)


Lunch/Dinner at a local (fast food) restaurant

Range of 700-1,200 HUF per meal


Meals at CEU cafeterias or local restaurant (one meal per weekday)

30,000 HUF per month


Estimated cost of food (local shopping in addition to one meal at the CEU cafeterias or local restaurants)

30,000 HUF per month


4. City Transportation*



 Monthly transportation pass

9,000 HUF per month


Single ticket

290-450 HUF per trip


5. CEU Instructional Materials



Fee of Reading Packs and Case Studies for the Executive and Full-time MBA program

250 EUR/program


Fall and Winter term language courses at CEU

Survival Hungarian: 16,000 HUF/semester (2x2 hours/week for 11 weeks) *


 

Other levels of Hungarian: 29,000 HUF/semester (2x2 hours/week for 11 weeks)*


 

French, German, Spanish: 29,000 HUF/semester (2x2 hours/week for 11 weeks)*


Spring term language courses at CEU

Hungarian: 29,000 HUF/semester (2x2 hours/week for 11 weeks)* No beginner courses start in this term


 

French, German, Spanish: 16,000 HUF/semester (2x2 hours/week for 6 weeks)*


6. Personal Incidentals



Personal care products, laundry products, and other

6,000 - 15,000 HUF per month


7. Health Insurance


CEU Health Insurance

9,450 HUF per month*

Other health insurance plans (e.g., Atlasz)

9,600 HUF per month

* Subject to change.

Miscellaneous Expenses

Students must expect to pay such miscellaneous charges as:

Replacement of ID card 1,000 HUF
Replacement of locker key 1,000 HUF
Transcript Fee per official copy 500 HUF (issued within 3 working days)
Transcript Fee per official copy 1,000 HUF (issued within 1 working day)

Adult Education Registration Number: 01-0516-04
Institutional Accreditation Registration Number: AL-0515

Central European International Business School, American MBA & undergraduate education programs in Central Europe