Abhyank Srinet 
Table of Contents
The INSEAD MiM fees for the Class of MIM 2028 are approximately ₹63.67 lakh (€57,870), while estimated living expenses are ₹24.21 lakh (€22,000), bringing the total cost to about ₹87.88 lakh (€79,870). Indian applicants must also pay a non-refundable application fee of ₹19,805 (€180). For the MIM’27 class, 36% of students received scholarships, with an average award of ₹14.63 lakh (€13,300).
Introduction
Studying at INSEAD gives students exposure to two major business and employment markets, but the multi-campus experience also creates a substantial financial commitment. Indian applicants must plan for tuition, accommodation, food, transport, international travel and exchange-rate changes before accepting an offer.
The latest official INSEAD MiM fees for the Class of MIM 2028 are approximately ₹63.67 lakh (€57,870). With INSEAD’s estimated living expenses included, the total programme budget reaches approximately ₹87.88 lakh (€79,870) before the application fee and personal expenses. In this blog, we explain each cost and the scholarships and financing options available to Indian applicants.
Whats is the Tuition Fees of INSEAD MIM?
The tuition fee for the INSEAD Master in Management Class of MIM 2028 is approximately ₹63.67 lakh (€57,870). The amount includes all applicable taxes and covers the full 14-month programme.
| Fee Component | Cost (€) |
| Tuition fees | ₹63.67 lakh (€57,870) |
| Estimated living expenses | ₹24.21 lakh (€22,000) |
| Estimated tuition and living cost | ₹87.88 lakh (€79,870) |
| Application fee | ₹19,805 (€180) |
What your tuition fee includes
INSEAD MIM Tuition fees cover all printed course materials, access to the INSEAD library, access to on-campus information technology services, student council fees, gym access, business cards, printing and health insurance.
The INSEAD MiM tuition fee covers:
- Teaching and academic instruction
- Printed course materials
- Access to the INSEAD library
- On-campus information technology services
- Student council fees
- Gym access
- Business cards
- Printing
- Health insurance
Accommodation, food, personal travel and everyday living expenses are not covered by tuition. These costs must be included separately in the applicant’s financial plan.
Living Expenses in France for Students
Managing your finances during your time at INSEAD is crucial, and understanding the estimated living expenses can help you plan your budget effectively. Here is a breakdown of the average expenses you can expect during the INSEAD MIM program:
- Accommodation: Housing is one of the biggest costs. Many students rent studios or share apartments. In Fontainebleau, rent averages around ₹5.72 lakh (€5,200), while in Singapore it is about ₹6.93 lakh (€6,300). Keep in mind that prices in Singapore can vary a lot.
- Local Transport: Local transport is estimated at approximately ₹27,506 (€250) in Fontainebleau and ₹82,519 (€750) in Singapore. The Fontainebleau campus is within walking distance of the town centre, which may help students limit local transport expenses.
- Food: The estimated food budget is approximately ₹3.30 lakh (€3,000) in Fontainebleau and ₹2.20 lakh (€2,000) in Singapore.
- Additional Costs: INSEAD’s living-cost estimate includes approximately ₹2.75 lakh (€2,500) for books, visas, study trips and other miscellaneous expenses.
| Expense | Cost (€) |
|---|---|
| Accommodation | ₹12.65 lakh (€11,500) |
| Local Transport | ₹1.10 lakh (€1,000) |
| Food | ₹5.50 lakh (€5,000) |
| Visas, books, study trips and miscellaneous expenses | ₹2.75 lakh (€2,500) |
| Total Estimated Expenses | ₹24.21 lakh (€22,000) |
Scholarships & Financial Aid at INSEAD
INSEAD offers automatic and application-based scholarships based on diversity, academic achievement, merit and, for selected awards, demonstrated financial need.
- Diversity Scholarship: All admitted MiM candidates are automatically considered. It supports applicants who add diversity through their background, experience and personal profile.
- Achievement Scholarship: All admitted candidates are automatically considered based on academic excellence and personal achievements.
- The Kung Family Scholarship: Available to exceptional female candidates who demonstrate financial need. A separate application is required.
- L’Oréal for Youth Scholarship: Available to candidates of any nationality who demonstrate creativity, innovation and strong personal achievements. A separate application is required.
- MIM Women’s Merit Scholarship: Supports exceptional female candidates with strong academics, leadership potential and personal achievements.
- Qinqin and Xin Zhang Scholarship: Available to candidates who demonstrate academic and personal achievement along with financial need.
- Scholarship statistics: For the current MIM’27 class, 36% of students received scholarships, with an average award of approximately ₹14.63 lakh (€13,300).
- External funding: Indian applicants can explore international education loans, external scholarships and country-specific funding options through INSEAD’s official funding directory.
- Loan conditions: Eligibility, interest rates, collateral requirements and repayment terms depend on the external lender and the applicant’s financial profile.
Learn more: INSEAD Scholarship
Opportunities for Part-Time Work
While pursuing the INSEAD Master in Management (MIM) program, students have the opportunity to engage in part-time jobs, which can provide valuable work experience and help supplement their finances.
INSEAD, being one of the prominent MIM colleges in France, offers a range of on-campus job opportunities for students. These may include positions such as research assistants, teaching assistants, campus ambassadors, or administrative roles within different departments. The earnings from on-campus jobs can vary depending on the nature of the role and the number of hours worked. Typically, students can expect to earn an hourly wage commensurate with local standards.
Many students choose to undertake internships during their MIM program. These internships not only provide practical experience but also enable students to earn a stipend or salary. Internships can be pursued during term breaks or as part of the curriculum, such as the mandatory summer internship component. The earnings from internships can vary significantly based on factors such as the industry, location, and duration of the internship.
It's important to note that the potential earnings from part-time jobs can vary depending on factors such as local labor laws, market demand, student availability, and individual skills and experiences. Additionally, it's crucial for students to strike a balance between their academic commitments and part-time work to ensure they can effectively manage their time and workload.
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Conclusion
The INSEAD MiM is a major financial commitment, so Indian applicants should evaluate tuition fees, living expenses, scholarships, funding options and realistic career outcomes before applying. Careful budgeting and early financial planning can make the programme more manageable and help students focus on gaining maximum value from INSEAD’s global learning environment, career opportunities and international network.
