Table of Contents
If you want to build a career in finance, the Master in Finance (MFin) at HEC Paris is one of the top programs you can choose. Ranked #1 worldwide by the Financial Times, it is known for its strong academics, powerful alumni network, and excellent job outcomes. Nearly 95% of graduates secure jobs within three months, with an average starting salary of around $85,500, making it a trusted pathway to global opportunities in finance.
Before applying, you should clearly understand the HEC Paris MFin Fees, which stand at €47,500 for tuition, along with an estimated €1,500 per month for living costs in France. In this blog, we explain all the expenses, scholarships, and budgeting tips to help you plan better for your studies.
What Are the HEC Paris MFin Fees for 2025?
If you’re planning to apply for the HEC Paris Master in Finance (MFin) program in 2025, here’s what you need to know about the fees. The total tuition fee for international students is around €39,900. This includes an extra charge of about €2,000 for non-EU applicants. On top of that, you’ll also pay a small application fee (between €150 and €190) and some admin or student service charges, which are roughly €1,900.
So, if you add everything up, the total cost for the first year comes to around €41,000. It may sound like a big amount, but keep in mind that HEC Paris is one of the best finance schools in the world, and many students get scholarships that help reduce the cost.
| Fee Component | Amount (EUR) |
|---|---|
| Tuition Fees | €47,500 |
| Application Fee | €190 (non-refundable) |
| HEC Foundation Contribution (optional) | €50 |
| Total (Excl. Living) | €47,675 |
Source: HEC Paris Official Website
Living Expenses in Paris: What to Expect
Along with HEC Paris MFin Fees, it’s important to plan for your daily living costs in Paris. On average, you’ll need around €1,200 to €1,600 per month to cover rent, food, transport, and personal spending.
If you stay in a shared apartment, your monthly rent can be around €500 to €900. For food and groceries, students usually spend €250 to €350. A monthly metro pass (Navigo) costs about €42, and personal expenses like shopping or outings may add another €150 to €250.
So in total, your yearly living cost will likely fall between €14,400 and €19,200, depending on your lifestyle. Knowing this helps you plan better and stay stress-free while studying in one of the most exciting cities in the world.
Here’s a quick look at the breakdown:
Estimated Monthly Budget:
| Expense Type | Estimated Cost (EUR) |
|---|---|
| Rent (shared studio) | €500 – €900 |
| Food & groceries | €250 – €350 |
| Transport (Navigo pass) | €42 |
| Personal expenses | €150 – €250 |
| Miscellaneous | €100 |
HEC Paris MFin: Total Cost
| Cost Category | Estimated Amount (EUR) |
|---|---|
| Tuition Fee | €47,500 |
| Living Expenses | €15,000 |
| Miscellaneous (Visa, insurance) | €1,000 |
| Total Cost | €63,600 |
Scholarships for HEC Paris MFin Students
Worried about the HEC Paris MFin Fees? Don’t are several scholarships that can help bring down your costs. HEC Paris offers many merit-based scholarships for students with a strong academic background, leadership skills, or unique personal stories. Some of these awards can go up to €20,000, making a big difference in your overall expenses.
There are also special scholarships for women, students from diverse backgrounds, and international applicants. If you're an Indian student, you can also apply for well-known options like the Eiffel Scholarship, JN Tata Endowment, or KC Mahindra Scholarship. When combined, these scholarships can cut down your HEC Paris MFin Fees by nearly 30% to 50%.
Types of Scholarships:
- HEC Foundation Excellence Scholarships: Up to €20,000, based on merit
- Women in Leadership Scholarship: Up to €15,000 for exceptional female applicants
- Diversity Scholarship: Up to €10,000 for underrepresented candidates
- Eiffel Scholarship: French government scholarship covering living + travel
- External Indian Scholarships: KC Mahindra, Inlaks Foundation, JN Tata Endowment
Note: Scholarships are mostly awarded with admission decisions. Applying early improves chances.
Return on Investment: Is It Worth It?
When you're looking at the HEC Paris MFin Fees, it’s normal to wonder it will be worth the money? The honest answer is yes. HEC Paris is ranked #1 in the world for its Master's in Finance program, and most students land great jobs soon after graduation. 95% of students get placed within 3 months, with average salaries around $85,500.
What makes it even better is the kind of companies that hire from HEC, top banks, consulting firms, and finance companies across Europe and beyond. Many students can recover what they spent on the program within just 2 to 3 years. So while the HEC Paris MFin Fees are a big investment, they usually lead to high-paying jobs and long-term career growth. If you're aiming for a top job in finance, this program is a smart choice.
Career Outcomes Post-MFin:
- Average Salary: €75,000–€90,000
- Top Recruiters: Goldman Sachs, JP Morgan, McKinsey, BCG, Bain, Rothschild
- Placement Rate: ~99% within 3 months of graduation
- Sectors: Investment Banking, Private Equity, Asset Management, Strategy
Most students recover the full cost within 2–3 years post-graduation.
HEC Paris MFin Fee Payment & Financing Options
Paying the HEC Paris MFin Fees may seem like a big step, but the school offers flexible ways to manage it. Once you're admitted, you don’t have to pay the full amount upfront—you can split the tuition fee into multiple installments, making it easier to plan your finances.
HEC Paris allows fees to be paid in 2–3 installments once admitted.
Financing Options:
- Indian Banks: SBI, Axis Bank, HDFC Credila (up to ₹60L)
- International Lenders: Prodigy Finance, MPower (no collateral)
- Part-Time Jobs: Earn €800/month by working 20 hrs/week
Tips to Reduce the Cost of Studying at HEC Paris
- Apply in Round 1 or 2 for scholarship priority
- Secure a strong profile (GMAT 700+, internships, CFA L1)
- Apply for the Eiffel and Tata Endowment early
- Look for campus housing or shared apartments
Part-Time Jobs and Potential Earnings for Students
If you're worried about how to manage your costs along with the HEC Paris MFin Fees, working part-time during your studies can help. Most countries like France, Germany, the USA, and the UK allow international students to work while they study. It’s a smart way to cover your monthly expenses and reduce your financial stress.
Why Part-Time Work Makes Sense
- Helps pay for rent, groceries, travel, and daily costs
- Builds work experience and adds to your CV
- Teaches you how to manage money and time
- Gives you a chance to meet new people and improve communication
- Let you earn in local currency and support your living while handling HEC Paris MFin Fees
How Many Hours Can You Work?
Most countries allow you to work up to 20 hours per week during classes, and full-time during holidays. For example, in France (where HEC is located), you're allowed to work around 964 hours in a year. That means you can work part-time during your course and take up full-time jobs during summer or winter breaks.
Always check visa rules before starting any job.
How Much Can You Earn?
Part-time earnings depend on the country, city, and job type. In France, most students earn around €8 to €12 per hour. So if you work 15–20 hours a week, you could make between €500 to €1,000 per month—enough to handle a big chunk of your monthly expenses.
Common Jobs for Students
- Waiter or café assistant
- Retail store helper
- Library or campus support
- Tutoring (especially if you’re good at math or English)
- Freelancing (writing, design, coding)
💡 Pro Tip: Use your university portal, local job boards, or student Facebook groups to find safe and flexible jobs.
Conclusion
The HEC Paris MFin Fees might feel high at first, but when you look at what the program offers—top global ranking, strong job placements, and high starting salaries, it starts to make a lot of sense. Most students get jobs at leading finance firms within months of graduating, which means your investment pays off quickly.
If you're serious about building a global career in finance, this program is a great choice. And with scholarships, part-time work, and education loans available, managing the HEC Paris MFin Fees becomes much easier. All you need is the right planning and a clear goal.
