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ESCP MIM Fees: Program Cost, Financial Aids, ROI & More

Are you interested in joining ESCP Business School's Master in Management (MIM) program? Before you take the leap, let's talk about the fees. In this blog post, we'll review everything from ESCP MIM Fees to additional charges and how they differ for EU and non-EU citizens. Whether you're considering applying or just curious, this post will give you all the information you need to know about ESCP MIM fees. Let's dive in!

ESCP MIM Fees: Overview

ESCP MIM Fees

Are you considering enrolling in ESCP Business School's Master in Management (MIM) program starting in September 2024? Here's what you need to know about the MIM Fees: For EU citizens, the annual fee is €22,200*, while non-EU citizens will pay €25,800* per year. These fees are important to consider as you plan your educational journey. Whether you're from the EU or beyond, understanding the financial commitment is key to making an informed decision about pursuing the ESCP MIM program.

It's important to note that these ESCP MIM fees include a €1,000 service fee, covering administrative costs for European and non-European students. ESCP Business School aims to provide a world-class education, and these tuition fees contribute to maintaining high-quality academic standards and comprehensive student support services.

Exploring the ESCP MIM Additional Fees

In addition to ESCP MIM fees for tuition, there are certain additional charges that students may encounter based on their circumstances and degree awards. It is essential to know these fees to accurately plan your financial commitments. They include:

  • Application Fee: This fee is payable when submitting your application to ESCP Business School. It covers administrative expenses related to the admission process.
  • Remedial Semester Fee: This fee applies to students who have not previously studied management and are required to enrol in a remedial semester of prerequisite courses. It helps cover the additional academic support and resources provided during this period.
  • Additional Degree Fee: This fee applies if you choose to pursue an additional degree from an ESCP campus other than Paris. It covers the administrative costs associated with managing multiple degree programs.
  • Financial Implications for EU and non-EU Citizens: The tuition fees for EU and non-EU citizens differ slightly, with non-EU citizens paying a slightly higher amount. However, various factors such as scholarships, financial aid, and living expenses should be considered when evaluating the overall financial implications.
Fee Type Amount (EUR)
Application Fee €180
Remedial Semester Fee €220/course
Additional Degree Fee €1,000

Understanding the Living Costs for ESCP MIM

ESCP MIM Cost of Living

When considering pursuing the Master in Management (MIM) program at ESCP Business School, it's essential to understand the financial implications beyond tuition fees. One significant aspect is the cost of living, which includes accommodation, food, transportation, and other essential expenses. 

Campus Accommodation Living Costs Travel and Leisure Estimated Total
Berlin €750 €450 €250 €1,450
London £1,400 £600 £400 £2,400
Madrid €1,200 €400 €400 €2,000
Paris €900 €625 €400 €1,925
Turin €700 €300 €300 €1,300
Warsaw €321 €161 €21 €519

Note: These figures are indicative and may vary based on accommodation type and lifestyle choices.

Scholarships Available to Cover ESCP MIM Fees

ESCP MIM Scholarship

ESCP Business School offers various need-based and merit-based scholarships to assist students in financing their MIM education and cover ESCP MIM Fees. Need-based scholarships are available to European and non-European students admitted through specific admissions paths.

1. Financial Need-Based Scholarships

Are you a prospective student seeking financial assistance to pursue your academic dreams at ESCP Business School? Dive into the details of our Financial Need-Based Scholarships to see if you qualify:

Eligibility Criteria

  • Available for European and Non-European students admitted through specific paths, including PREPA, Engineering Partner Schools, top-level athletes, Talent Spring, ESCP Direct Admissions.
  • Ineligible categories include apprentices, incoming double degree students, specific non-European students, visiting students, and certain scholarship holders.

CROUS Criteria

  • Students eligible for CROUS scholarships (levels 4 to 7) receive full tuition fee exemption covering all study years and related fees.

Application Process

  • Applications open in June/July preceding entry.
  • Required documents include financial statements, proof of citizenship, and CROUS certification, if applicable.
  • Awards were announced in October and deducted from first-year tuition fees.

2. Merit-Based Scholarships

Are you ready to be rewarded for your academic excellence? Explore ESCP Business School's Merit-Based Scholarships and uncover the opportunities that await:

Eligibility Criteria

  • Non-European students from ESCP Direct Admissions or SAI paths are eligible.

Awards

  • Merit-based scholarships range from 25% to 100% of first-year tuition fees.

Renewability

  • Applicable for M1 only and not renewable for M2.

This comprehensive overview of ESCP's scholarship offerings ensures that you have all the necessary information to make informed decisions and pursue financial support for your Master in Management (MIM) program.

Securing Part-Time Jobs to Manage ESCP MIM Fees

ESCP MIM Part Time Jobs

Are you ready to kickstart your career while pursuing your Master in Management at ESCP Business School? Discover the exciting possibility of  paid internships available to you:

  • From May onwards, at the end of your first year, you'll have the chance to take part in paid internships, setting the stage for real-world learning and professional development.
  • You'll need to complete a minimum of 36 weeks of internships to graduate. However, many students opt for longer internships, sometimes taking sandwich years to gain extensive professional experience and support their tuition fees.

Don't miss the opportunity to gain hands-on experience and bolster your resume while earning valuable income. Whether you fulfil the minimum internship requirement or extend your experience further, paid internships offer a pathway to success. Seize the chance to enhance your skills, expand your network, and pave the way for a successful career. Start planning for your internship adventure today!

Understanding the Student Visa Work Hour Restrictions

Indian students pursuing higher education abroad often have specific work-hour restrictions based on their student visa regulations. It's crucial to be aware of these restrictions and plan accordingly. While the specific restrictions may vary, Indian students on a student visa are generally permitted to work for up to 20 hours per week during term time and full-time during scheduled breaks or vacations.

Adhering to these regulations is important to maintain legal status and focus on academic progress. However, if you want to explore more, you can get help from the consultants and learn more about the ESCP MIM program. 


Conclusion

In conclusion, embarking on ESCP Business School's Master in Management program is a significant investment in your future. You can make informed decisions about your education by understanding the costs involved, including tuition fees, living expenses, and available scholarships. With opportunities for part-time employment and careful financial planning, you can navigate the financial aspects of your journey effectively.

Remember, your investment today lays the groundwork for future opportunities and success. With determination and strategic planning, your ESCP MIM experience can be a transformative step towards your career aspirations.

What is the cost of the ESCP MIM program?

The cost of the ESCP MIM program varies depending on the campus and the specific program. For the most up-to-date information, you should check the official ESCP website.

Are there any additional fees beyond the program tuition?

Yes, there may be additional fees beyond the program tuition, such as application fees, enrollment fees, and costs for textbooks or materials. It is important to review the financial requirements carefully and budget accordingly.

Are there any scholarships or financial aid available for the ESCP MIM program?

ESCP offers a range of scholarships and financial aid options for students, including merit-based scholarships, need-based grants, and external funding opportunities. It is recommended that these options be researched thoroughly and applied as early as possible to increase the chances of receiving financial assistance.

Know Your Author
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Rohit Rajaram
Study Abroad Expert
Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
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