The Museum of Applied Arts presents collections of fabrics, furniture, paintings, jewelry, glass and ceramics to visitors. The most valuable exhibits from the museum's collections can be seen as part of the permanent exhibition "Collectors and Treasures". It includes 400 works of applied art, including exhibits from Central and Western Europe as well as the Middle and Far East.
The oldest objects in the museum, i.e. Coptic textiles, come from the turn of the 4th and 5th centuries. The museum's collection also includes furniture from the 15th and 19th centuries, jewelry from the 16th and 17th centuries, Hungarian and Galician ceramics, and an extremely rich collection of bookplates.
The museum's headquarters is in an Art Nouveau style building with a very characteristic green and yellow roof. The interior finish of the building combines Hindu, Islamic and Mughal elements. The building was built in 1896 especially for the needs of the museum, which is the third oldest museum of applied arts in the world.