Shift in Career Aspirations Among Hungarian Graduates: Rise in Entrepreneurship
A recent study reveals a growing trend of Hungarian graduates considering entrepreneurship five years post-graduation.
A significant shift in career aspirations has been highlighted in a recent study conducted by GUESSS, which examined the preferences of Hungarian graduates.
Upon graduating, 71.1% of fresh graduates envision their future as employees; however, this figure drops to 51.8% five years later.
Concurrently, the proportion of graduates planning to start their own businesses rises markedly from 13.8% to 32.9% over the same period.
Andrea Sáfrányné Gubik, a university lecturer at the Faculty of Economics at the University of Miskolc, explained that young graduates typically first seek employment to gain experience before feeling more confident in venturing into entrepreneurship.
The research indicated notable differences in entrepreneurial intent based on fields of study.
Students from programs in business management, law, and arts exhibited a higher openness to starting their own businesses, while those from natural sciences, mathematics, and IT fields tended to prefer stable employment.
The influence of family background was also identified as a significant factor, with a higher inclination towards entrepreneurship observed among graduates whose parents are entrepreneurs.
One of the challenges facing aspiring young entrepreneurs is gaining visibility and promoting their work.
The OTP Bank has initiated a new program titled OTP Junior Piacralépők to aid these individuals.
The program, which will air episodes starting June 18, 2025, on the bank's YouTube channel, features ten young entrepreneurs competing for a grand prize of 10 million Hungarian forints to further develop their businesses.
Bernadett Dancsné Engler, Head of the Micro and Small Enterprises Division at OTP Bank, stated that the program aims to equip ambitious young individuals with the essential skills and competencies needed for starting, operating, and sustaining their businesses.
The series showcases the challenges and opportunities of entrepreneurship through the ideas of young contestants, who will face real business tasks under three months of professional mentorship.
The mentors for the program include Janka Cserháti-Herold (Hormonmentes.hu), Simon Tóth (Simon’s Burger), and Albert Wettstein (Munch), who will provide guidance and share their extensive entrepreneurial experiences with the participants.
The winner of the eight-episode series will be revealed in the fall following the finals.
Upon graduating, 71.1% of fresh graduates envision their future as employees; however, this figure drops to 51.8% five years later.
Concurrently, the proportion of graduates planning to start their own businesses rises markedly from 13.8% to 32.9% over the same period.
Andrea Sáfrányné Gubik, a university lecturer at the Faculty of Economics at the University of Miskolc, explained that young graduates typically first seek employment to gain experience before feeling more confident in venturing into entrepreneurship.
The research indicated notable differences in entrepreneurial intent based on fields of study.
Students from programs in business management, law, and arts exhibited a higher openness to starting their own businesses, while those from natural sciences, mathematics, and IT fields tended to prefer stable employment.
The influence of family background was also identified as a significant factor, with a higher inclination towards entrepreneurship observed among graduates whose parents are entrepreneurs.
One of the challenges facing aspiring young entrepreneurs is gaining visibility and promoting their work.
The OTP Bank has initiated a new program titled OTP Junior Piacralépők to aid these individuals.
The program, which will air episodes starting June 18, 2025, on the bank's YouTube channel, features ten young entrepreneurs competing for a grand prize of 10 million Hungarian forints to further develop their businesses.
Bernadett Dancsné Engler, Head of the Micro and Small Enterprises Division at OTP Bank, stated that the program aims to equip ambitious young individuals with the essential skills and competencies needed for starting, operating, and sustaining their businesses.
The series showcases the challenges and opportunities of entrepreneurship through the ideas of young contestants, who will face real business tasks under three months of professional mentorship.
The mentors for the program include Janka Cserháti-Herold (Hormonmentes.hu), Simon Tóth (Simon’s Burger), and Albert Wettstein (Munch), who will provide guidance and share their extensive entrepreneurial experiences with the participants.
The winner of the eight-episode series will be revealed in the fall following the finals.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.