Stipendium Hungaricum Scholar, Shaan from Pakistan, Pursues a Bachelor’s in International Business Economics at Eötvös Loránd University in Hungary

Hello! My name is Shaan Muhammad Shayan, and I’m from Pakistan, currently studying in Budapest, Hungary. I am pursuing a Bachelor of Science in International Business Economics (IBE) at Eötvös Loránd University. I have always been passionate about business, economics, and finance, which is why I chose this field. Studying abroad has given me a broader perspective on global markets, international trade, and business management, which I believe will be invaluable for my future career.

Stipendium Hungaricum Scholarship Details

I am a proud recipient of the Stipendium Hungaricum Scholarship, which fully covers my tuition fees, provides a monthly stipend, free dormitory accommodation, and medical insurance coverage, including medical allowances. This scholarship, funded by the Hungarian government, supports talented international students from around the world who wish to study in Hungary.

Were You Offered any Other Scholarships?

Yes, I was also offered a Turkey Bursary Scholarship, but I preferred the Stipendium Hungaricum Scholarship because of its better support system, facilities, and academic reputation.

Educational Background

Before this, I completed my FSc Pre-Med, ranking among the top 5 students in the Peshawar Board. I also completed ACCA foundation courses to strengthen my background in accounting and finance. My educational foundation built my analytical, business, and problem-solving skills, helping me perform well in scholarship selection tests.

How Did You Prepare to Apply to Eötvös Loránd University?

I outreached many university mentors and current students across Hungary to learn about different institutions, their programs, and experiences. I also researched deeply on the internet about rankings, course content, and student life. After comparing various options, I selected Eötvös Loránd University for its strong academic reputation and international environment.

In Pakistan, students applying through the Stipendium Hungaricum route must take the USAT test conducted by the Higher Education Commission (HEC), where only 200 students are selected from across the country. After clearing that stage, I successfully passed the university’s own entrance process as well. I also completed my English proficiency certification through the Duolingo English Test.

How Did You Prepare to Apply to the Stipendium Hungaricum Scholarship?

I learned about scholarships through social media, YouTube mentors, influencers, and guidance from seniors who had already been through the process. I spent a lot of time preparing my application documents, a strong motivation letter, CV, and recommendation letters that truly reflected my academic achievements, leadership experiences, and future goals.

What Do You Think Made Your Application Stand Out?

While my academic background was strong, the main factor that made my application stand out was my excellent USAT test marks, which demonstrated both my hard work and competitive edge.

What Would You Have Done Differently if You Were Going Through the Process Again?

If I could do it again, I would start my preparation earlier, especially gathering recommendation letters and preparing for English tests. Early preparation helps you stay more confident and focused.

What Advice Would You Give Those Looking to Apply for a Similar Scholarship?

Start early, research properly, and never rely on luck. Build a solid academic profile, perform well in national or international tests, and seek guidance from seniors or mentors. A clear motivation letter and genuine goals can make your application stand out among thousands.