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Letter master's Stipendium Hungaricum - Finance



The_Paragon 1 / -  
Nov 8, 2025   #1
Hello, I would like some feedback on my motivational letter. The main focus is to answer "Why are you a suitable candidate" and along with other points and criteria that can help answer my question:

Motivation Letter

Dear Admissions Committee,
I am writing the motivation essay to express my genuine interest in Master's program in Finance at your esteemed institution. I am eager to study in a chosen program for 2 reasons: this aligns with my undergraduate's program - Bachelor of Business Administration in finance, and this is the way to enhance my already decent financial skills. For instance, during my bachelor's studies in Business Administration with a major in Finance at Narxoz University, I developed a strong foundation in corporate finance, particularly through courses such as Financial Modeling and Stock Analysis and Business Evaluation. This experience strengthened my interest in financial decision-making at the corporate level, and inspired me to pursue a Master's program that would deepen my analytical and strategic expertise. I am motivated to pursue this Master's program because I plan to help Kazakhstan's small and medium-sized businesses in financial management. Thus, the goal is to open a financial-consulting business that will help small companies to help with financial management, strategic finance and enhance their business model after finishing Master's program.
I would like to study in Hungary because of its growing reputation in the field of applied finance education and its strong integration with the European financial sector. In particular, Hungarian University of Agriculture and Life Sciences provides an advanced business and methodological knowledge, with which I can analyze and manage the financial processes of the economy at both the macro and micro levels. Especially, such courses as Advanced Finance, Advanced Corporate Finance, and Econometrics in Finance will boost my current knowledge, which will be crucial for my future consulting company. Also, Hungary has many regional offices of the largest financial corporations like units of European banks, Big4 and even some of Big3 companies that let students to use their knowledge in practice, and improve their financial skills in consulting and financial management. I expect to gain advanced knowledge in advanced corporate finance and apply it through an internship at one of Eastern Europe's financial centers.
I am currently a senior in a Bachelor's program in Business Administration and Finance. During my studies, I have completed two key internships. During my first internship at Tele2/Altel in summer of 2024, I assisted in preparing accounting statements and learned how accurate accounting impacts management decisions. One year later, in summer of 2025, at Home Credit Bank's Treasury Department, I worked in treasury department and analyzed short-term liquidity positions and created Power BI reports of owners of the bank's bonds. These experiences helped me to understand the vital role of short-term liquidity and accounting statements in company's life and inspired me to deepen my finance knowledge and aim for Master in Finance since another qualification will help me to understand how every aspect of corporate finance is linked and can be managed in every business. Comparing the experience of large international corporations with the situation of small businesses in Kazakhstan, I noticed that many local companies lack proper financial management such as working capital management, maintaining sufficient liquidity and lack of financial planning and strategy. This contrast became my personal motivation to develop in corporate finance and help small enterprises build effective financial systems.
However, with them I can clearly see in what area I am eager to evolve the most -corporate finance. For me, it is the most difficult in practice and the best area in finance, and I want to handle it in pursuit of my own goal.
As I said earlier, Hungary is famous in teaching corporate finance by having local offices of many international financial institutions. With these factors the program can help me to achieve my main goal by giving much practice of my main specialization in one of the financial institutions. After finishing my Master's degree, I plan to establish a financial consulting firm that will support small and medium-sized enterprises in Kazakhstan. Many SMEs in my country face difficulties in budgeting, capital structure optimization, and cash flow management. By applying advanced tools in corporate finance and strategic planning that I will gain during the program, I aim to help these businesses improve financial stability and long-term profitability.
Also, I understand that studying abroad will bring cultural and academic challenges, but I see them as an opportunity for personal and professional growth. My motivation, adaptability, and commitment to contributing to Kazakhstan's financial development make me confident that I can succeed in this program and fully realize its opportunities.
Holt  Educational Consultant - / 15921  
Nov 9, 2025   #2
I am eager to study in a chosen program for 2 reasons: this aligns with my undergraduate's program - Bachelor of Business Administration in finance, and this is the way to enhance my already decent financial skills.

These are generic, run of the mill responses that could refer to your interest in any school. These 2 references must always be discussed with more aligned information and in greater detail. The reviewer would rather be shown the alignment and upskilling information rather than be told about it in an empty manner.

I developed a strong foundation

Rather than referencing a strong foundation, speak of your academic achievements, awards, and recognitions received in reference to your subject major. This will help prove a steadfast foundation for your future masters degree studies and will allow you to become a better contender for the scholarship.

its growing reputation in the field of applied finance education

Hungary is famous in teaching corporate finance

A growing reputation means nothing. Being famous for teaching is not a strong reference for wanting to study under this scholarship. You must cite their publicly known achievements in this field that have made an impact in the financial sector of your country, thus proving that it is logical for you to seek higher education in Hungary.


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