Zrínyi Miklós National Defence University Graduate Badge.

[CtahhR]

Here is the modern Hungarian Badge for graduation the Zrínyi Miklós National Defence University (Zrínyi Miklós Nemzetvédelmi Egyetem). These Badges have more of a Great War feel than 21st century although they do have the usual Hungarian attachment device.

The final picture is the only picture I have been able to find of one of these Badges in wear.

http://portal.zmne.hu is the institution's website (in Hungarian).