Hi. I'm new to the forum and this thread was the first one to catch my eye. I'm a budapest student. I almost served my time so I can tell you the good bits and bad bits.
The good:
The course is excellent for theoretical knowledge. Our graduates from last year have almost a 100% employment rate. The small animal clinic is almost always busy, there is a super surgery department with daily, advanced surgeries and if you have time the surgery dept is always open for students to walk in and watch. You have a very good chance of being admitted to first year. Yes the numbers are high for 1st and 2nd year. Students have to have all exams from 1st and 2nd year completed to get into 3rd year and this is where most of the drop outs happen. Most of the exams are oral, which means that any job interview will seem like a piece of cake if you get through. Budapest is a fantastic city to live in, very easy to get to and get around in.
The not-so-good
The practical aspects are lacking. You really need to be out seeing practice on every chance you get to go home because you won't see it here. For horsey people especially, the hungarian horsey girls here can be ferociously competitive, to the point at which they will actually move in and live in the large animal hospital for a week. This means that they are always there for surgeries, always there to place catheters, bandage etc etc and the foreign students can get left out in the cold.
The administration can be difficult to deal with. The ex-communist mentality states that the rules are very much the rules and will not be bent! Our year have found this more than anything because they implemented an extra semester for us which was not made known to us when we applied. Thus our 5 year course has now turned into 5.5 and they are still sorting out the details of our final, clinical semester. This should not be a problem for current hopefuls as they will definitely have it organised by the time you get to final year. I should stress, however, that the teaching staff are by and large, unhelpful. You will have to compete to carry out procedures and you will have a skin as thick as leather by the time you finish!
Having said all of this, if you finish 5 years in Budapest, you will get a job.
Feel free to PM with any questions.