We recommend that The Templeton Foundation fund eight competitive fellowships to attract exceptionally talented foreign (non-Hungarian) students to attend a joint Masters Degree program offered by Eotvos Lorand University and the Renyi Institute (of the Hungarian Academy of Sciences).

We have the resources, expertise and will to introduce non-Hungarian students to the Hungarian style of teaching and learning mathematics. In the recommended masters degree program foreign students would be integrated with Hungarian mathematics graduate students in courses taught at a high mathematical level in English. As even the strongest North American undergraduates are unprepared for the rigor and expectations of such a program, we have designed several "mezzanine" courses designed specifically to help bridge this intellectual gap. We would also cross-list more advanced courses from BSM with the masters level courses, again as a bridge.

The precise course of study and curriculum has not been established but this would be a joint project of the Renyi Institute and of Eotvos Lorand University. The specific purpose of the eight scholarships is twofold. First, the recommended scholarships will put our program on a level financial playing field with the competition. And second, these eight scholarships will enable us to finalize the planning for and to establish an English taught program in mathematics in Budapest.

There are two domestic political obstacles to the institution of this program. The first is that Hungarian students at public institutions have the right to be taught any class in the Hungarian language. The second is that financial cooperation between the Renyi Institute and Eotvos University is not transparent due to the differing teaching duties of professors at each institution. These are not details, but due to heightened political interest in international education, both obstacles should be removed in the near future.