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Key Takeaways – ESSEC MFin Fees
💶 Program Cost: Tuition for the 2-year track is approx. €40,840, and for 1-year track ~ €27,585.
🏠 Living Expenses: Average €1,300–€2,000 per month depending on campus location.
📈 Career Outcomes: 100% employment within 6 months of graduation; 95% in international roles.
💼 Average Salary: Alumni report average gross salary around USD 135,000 in Europe/Asia roles.
🎓 Scholarships: Excellence, Diversity, and EIFFEL awards can reduce ESSEC MFin Fees by up to 50%.
Introduction
The ESSEC Master in Finance (MFin) is a top finance program that equips students with rigorous analytical skills and real-world financial exposure. With campuses in France and Singapore, it offers a flexible 1- or 2-year path tailored to your prior education and goals.
In this post, you’ll find a clear, up-to-date guide on ESSEC MFin Fees covering tuition, living costs, scholarships, and what you truly pay. Use this to plan your budget smartly before applying.
What is the Tuition Fees of ESSEC MFin?
![What is the Tuition Fees of ESSEC MFin?]()
The tuition fee for the ESSEC Master in Finance (MFin) program depends on whether you choose the one-year or two-year study track. According to the official ESSEC Business School website, the program is designed for students aiming to build strong technical and analytical skills in finance. The total ESSEC MFin Fees cover academic teaching, career support, and access to school facilities throughout the program.
Students who qualify for the one-year track, often those with a relevant master’s background, pay a lower fee. Others who opt for the two-year track, which includes the M1 and M2 levels, pay a higher amount. Here’s the clear breakdown of tuition fees as mentioned in official and top-ranking sources.
| Program Track |
Tuition Fee (Total) |
Notes / Source |
| 1-Year (M2 only) |
€27,585 |
For students who qualify for the advanced track. |
| 2-Year (M1 + M2) |
€40,840 |
Full two-year tuition cost. |
It’s important to note that the above ESSEC MFin Fees only cover tuition charges. Students should also plan for additional living expenses such as accommodation, food, and travel. These costs vary depending on whether you study in France or Singapore. ESSEC also offers several scholarships and payment options to help students manage their finances better.
ESSEC MFin Additional Costs & Living Expenses
![ESSEC MFin Additional Costs & Living Expenses]()
When you plan for your total study cost at ESSEC, it’s important to remember that tuition is just one part of the budget. Along with the ESSEC MFin fees, students must also plan for additional expenses such as accommodation, food, health insurance, and transportation. These extra costs vary depending on whether you study at the France or Singapore campus.
According to the official ESSEC Business School website, students are advised to keep a monthly budget for housing, food, and local transport. Based on data from trusted sources and student reports, living expenses in France generally range from €1,000 to €2,000 per month. These figures include essentials like rent, groceries, and other daily needs. This makes it vital to calculate these costs in addition to your ESSEC MFin fees while planning your finances.
| Cost Component |
Estimated Range |
| Accommodation |
€500 – €1,200/month |
| Food & Groceries |
€200 – €400/month |
| Utilities & Internet |
€100 – €150/month |
| Local Transport |
€50 – €100/month |
| Health Insurance |
€300 – €600/year |
| Books & Supplies |
€500 – €1,000/year |
| Miscellaneous |
Variable |
In total, international students should budget around €12,000 to €20,000 per year for living expenses. Planning early can help you manage your costs efficiently and make your study experience stress-free. Always consider these when calculating your total ESSEC MFin fees.
ESSEC Scholarships, Grants & Financial Aid for International Students
![ESSEC Scholarships, Grants & Financial Aid for International Students]()
Studying abroad can be expensive, but ESSEC provides many funding options to make it easier for students to manage their ESSEC MFin fees. These scholarships and financial aids are designed to support international students who show academic excellence, leadership, and financial need.
| Scholarship / Grant Name |
Coverage / Benefit |
Eligibility / Details |
| Academic Excellence Scholarship |
Covers up to 40% of tuition fees |
Given automatically during admission to students with high academic scores and strong GMAT/GRE results. |
| Diversity & Regional Scholarships |
Partial tuition fee reduction |
For students from underrepresented countries or unique backgrounds to promote cultural diversity. |
| Early Application Scholarship |
€1,500 – €2,000 discount |
Awarded to applicants who apply in early rounds (no separate application needed). |
| French Government (EIFFEL) Scholarship |
Covers tuition, travel, and living allowance |
For top international students; applications handled through Campus France with ESSEC’s guidance. |
| ESSEC Foundation Social Grants |
€3,000 – €5,000 financial aid |
Offered to students facing financial difficulties; open to both French and international candidates. |
| External Partner Scholarships |
Up to €15,000 (COLFUTURO) / CFA exam fee waivers |
Includes COLFUTURO (Latin America) and CFA Institute partnerships for finance students. |
Most scholarships are reviewed and awarded at the time of admission, so no extra application is required. However, government and external awards like the EIFFEL Scholarship need separate applications through official portals. Checking deadlines early can help you save a large part of your total ESSEC MFin fees.
ESSEC MFin ROI and Career Outcomes
![ESSEC MFin ROI and Career Outcomes]()
Many students wonder if paying the ESSEC MFin fees is truly worth it. The answer depends on your career goals, preferred job market, and long-term financial expectations. The ESSEC Master in Finance is one of the most recognized programs in Europe, ranked among the top 5 worldwide by the Financial Times for several years.
Graduates of the ESSEC MFin program benefit from excellent career prospects. According to ESSEC’s official employment report, over 98% of graduates are employed within 3 months of completing the program. Most students join top finance firms, investment banks, consulting companies, or technology giants. These strong placement outcomes make the investment in ESSEC MFin fees highly rewarding for ambitious finance professionals.
| Category |
Details / Data |
| Average Salary (Post-Graduation) |
~ €70,000 – €95,000 per year depending on role and location |
| Top Employers |
Goldman Sachs, JP Morgan, EY, PwC, BNP Paribas, McKinsey, Deloitte |
| Employment Rate |
98% within 3 months of graduation (ESSEC Career Report 2025) |
| Common Job Roles |
Investment Analyst, Risk Manager, Financial Consultant, Strategy Analyst |
| Average ROI Period |
1.5 – 2 years after graduation to recover total ESSEC MFin fees |
The program’s strong alumni network, global reputation, and close ties with financial institutions make it one of the best investments for anyone aiming to build a career in finance. The quick job placement rate and high salaries show that most students recover their ESSEC MFin fees within just a few years of graduation.
Overall, ESSEC’s Master in Finance is a smart choice for students who want a strong return on investment, access to international finance markets, and a degree from one of Europe’s most respected business schools.
Related Blogs
- ESSEC MFin GMAT
- ESSEC MFin Salary
Conclusion
Choosing the ESSEC Master in Finance is a smart decision for students who want to build a global career in finance. With strong rankings, high placement rates, and an international network, the program offers excellent value for the ESSEC MFin fees you invest. It combines academic excellence with real-world exposure, helping students gain the right skills to succeed in top financial firms worldwide. For anyone aiming for a high return on education and a rewarding career, ESSEC MFin is a choice worth every penny.
Abhyank Srinet
