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Unlocking Opportunities: Explore MBA in France Cost

A Comprehensive Guide

Wondering about the MBA in france cost? You're not alone! This blog will help you understand the money side and give tips on managing your expenses wisely.

MBA programs in France are great, but they can be expensive. To make smart choices, you need to know what costs are involved.

Join us as we talk about the money stuff – tuition fees, where you'll live, how you'll get around, and everyday living costs. We'll break it down so you can plan your MBA in France without stressing about money.

Cost of MBA from Top Business Schools in France 

 

Business School Tuition Fees (2024 Intake)
INSEAD €99,500 
HEC Paris €98,000 
ESSEC €50,000 
ESCP €57,000 
Emlyon Business School €39,800 
EDHEC Business School €51,000 
Audencia Business School €31,500 
EOMA Business School €37,900 

Note: Keep in mind that this information is according to the 2024 intake, so it's a good idea to double-check with the schools or official sources for the most up-to-date information.

Let's have a quick check on these Top B schools in France. 

1. INSEAD

  • The INSEAD MBA is a quick 10-month program, making learning fast and effective.
  • This program is perfect if you've got 3-10 years of work under your belt, gearing you up for leadership roles.
  • Sustainability is a key theme, shaping leaders who care about businesses and communities.

Tuition Fees:

INSEAD is known for its top-notch MBA programs. They have two intakes, one in August and another in January. Tuition fees vary depending on the intake.

Planning to start in August 2024? It's €99,500. Or maybe January 2025? That's €103,500. 

Scholarship:

Wondering about scholarships at INSEAD? Let's explore what they have, covering both financial needs and merit-based criteria, for a clear guide to help you out.

     Scholarship Type Criteria Considered Amount
     Need-Based Scholarships Financial need Up to €25,000
Non-Need Based Scholarships Merit, nationality, gender, professional background, leadership abilities, field of previous studies  €10,000

Note: Don't forget to visit the official INSEAD website for the most up-to-date and detailed information about the scholarships for MBA in France cost mentioned.

2. HEC Paris 

  • HEC Paris MBA is where you learn to think big, challenge norms, and team up with diverse minds.
  • No one-size-fits-all here. HEC Paris sets you up with a program that's all about your career dreams.
  • The HEC Paris MBA program spans 16 months and is also packed with learning, growing, and fun!

Tuition Fees:

Ready to kickstart your journey in September 2024? Grab the opportunity with a tuition fee of €98,000. 

Scholarship:

Whether you're a top student or an amazing woman with big dreams, we'll help you understand how these scholarships can make your MBA in France cost smoother. Let's get started!

Scholarship Name Criteria Amount
HEC Paris MBA Scholarship for Excellence Merit-based, automatically considered Up to 50% 
Forté Foundation Scholarship Women Candidates, Empowering Female Leadership Up to €26,000
HEC Paris MBA Scholarship for Diversity Candidates bringing unique value to the class Up to 50% 

Note: Please check the official website to avoid confusion. 


3. ESSEC 

  • ESSEC's quick 12-month program focuses on leadership skills. It's perfect if you're around 6-7 years of experience.
  • ESSEC's Executive MBA takes 18 months for seasoned pros, starting in April 2024. Ideal for those with around 12 years of experience.

Tuition Fees:

Let's break down the deal with tuition fees – the cost you'll need to cover for your ESSEC MBA journey. Dive into excellence with ESSEC's MBA program! Unlock a world of opportunities with a tuition fee of €50,000. 

Scholarship:

Guess what? We're going to talk about ESSEC's scholarships! Ready to learn how these can help you with your MBA journey? Let's jump in!

Scholarship Name Criteria Amount
Entrepreneurship Scholarship For candidates involved in or planning an entrepreneurial project/start-up €4,500 
Future Women Leaders Scholarship For women aiming for leadership positions in the future, assessed based on leadership potential and achievements €4,500 to €10,000
High Potentials Scholarship Rewarded for exceptional career advancement in any function or sector, based on career progression and achievements €1,000 to €10,000
Small Businesses Scholarship Awarded to candidates working in small companies contributing to the French economy, confirming work experience in a small French company €1,000 to €5,000

Note: For more information, you can visit the official page of ESSEC.

4. ESCP

  • ESCP's MBA is a 10-month full-time program with around 500 teaching hours.
  • You can choose and study in two European countries from six ESCP campuses, making it an international adventure.
  • The program focuses on different cultures, giving you a multicultural experience to prepare you for a successful business career.

Tuition Fees:

Curious about ESCP's tuition fees? Let's break it down for your MBA journey! So if you plan to join the MBA in International Management for 2024, your tuition fees will be €57,000. 

Scholarship:

Discover the scholarships for MBA at ESCP Business School to get an idea for MBA in France cost! See the table below for details on how you can get support for your MBA journey.

Scholarship Name Criteria Amount
Diversity and Merit Grants Based on the candidate's profile, including educational background, work experience, personality, and unique attributes Up to €8,000
Excellence Grant Based on the candidate's application results Up to €9,000
Women in Leadership Scholarship Aimed at empowering female leadership in business €15,000
NGO/Non-Profit Scholarship Supporting candidates interested in the non-profit sector €15,000
Entrepreneurial Scholarship For candidates with entrepreneurial aspirations €15,000

Note: Remember, for the most accurate and up-to-date information on ESCP Business School's scholarships, always check the official website. 

5. Emlyon Business School

  • Emlyon's MBA is designed to prepare you for global management roles, taking a holistic approach to business.
  • Emlyon's goal is to develop your leadership abilities, ensuring you're ready for the challenges of a global career.
  • The emphasis on practical learning, including real-world projects and seminars, gives you a well-rounded understanding of business.

Tuition Fees:

Let's break down the details of Emlyon Business School's International MBA in France cost. Get set for September 2024! Tuition fees? It's €39,800. 

Scholarship:

Check out the different scholarships that EMLYON Business School provides for the International MBA program. 

Scholarship Name Criteria Amount
Excellence Scholarships GMAT scores over 650 30% 
Early Bird Scholarships Enrol before the end of December for the next intake 20% 
Individual Scholarships Multiple criteria (social diversity, academic excellence) Up to 30% 
External Scholarships Research local scholarships on the Campus France website Varies
Voluntarist Policy For all students from the Grande Ecole Program Up to 100%
    Note: For more information, visit the official site of the college. 

mba in france cost

6. EDHEC Business School

  • The EDHEC Global MBA is a 10-month executive education program for professionals seeking a comprehensive global business understanding.
  • With contributions from over 40 speakers, professors, and professionals from diverse backgrounds, the Global MBA at EDHEC emphasizes academic excellence.
  • The program enhances participants' leadership potential through practical skills, action learning, and exposure to globalized business environments.

Tuition Fees:

Planning for 2024? Get ready for an exciting journey because the tuition fees for the upcoming intake are €51,000!

Scholarship:

Discover the various scholarships EDHEC Global MBA offers, providing financial support and diverse opportunities to applicants pursuing this transformative program to highlight your MBA in France cost.

Scholarship Name Eligibility Amount
Excellence Scholarship GMAT score of over 650 (or GRE/TAGE MAGE or Executive Assessment) Up to 40%
Women in Leadership Scholarship Encourage gender diversity Up to 40%
Make an Impact Scholarship Encourage responsible & innovative entrepreneurs or strong focus on ESG Up to 30%
Cultural Diversity Scholarship Encourage international diversity and inclusion Up to 20%
Honorary Awards & Fellowships Swati Kansal Memorial Scholarship for Women of Impact: 10,000 EUR stipend disbursed monthly for 10 months One exceptional candidate per intake
EDHEC International Advisory Board Fellowship Major Fellow scholarship of 5,000 EUR and Honorable mention of 2,000 EUR One each per year

Note: Explore the official site for more information.

7. Audencia Business School

  • Audencia Business School's Global MBA is a one-year, full-time program designed to reshape business strategies in the current dynamic landscape.
  • Students can study in Nantes, France, or Shenzhen, China, with the chance to secure up to 50% scholarships.

Tuition Fees:

Let's talk about how much it costs to pursue the Global MBA at Audencia Business School. Looking at 2024? Here's the scoop: Tuition fees for the upcoming intake are €31,500. 

Scholarship:

Find scholarships at Audencia Business School for MBA and Masters programs, rewarding excellence and embracing diversity.

Scholarship Name Eligibility Amount
Audencia Business School Excellence Scholarship International students pursuing Masters Degrees Up to €15,750 
Audencia Business School Solidarity Scholarship International students in eligible programs €3,070 - €4,000
Early Application Scholarship All international students applying before March 1, 2024 €1,500 

Note: Visit the official Audencia Business School website for the latest and most accurate scholarship information.

8. NEOMA Business School

  • NEOMA Business School's MBA program provides a comprehensive and innovative business education.
  • The program is designed to prepare students for leadership roles in a rapidly changing global business environment.
  • NEOMA Business School fosters critical thinking, creativity, and strategic decision-making to develop well-rounded business leaders.

Tuition Fees:

Discover the tuition fees for NEOMA Business School's MBA program to understand the cost of your academic pursuit. Breaking it down: Tuition fees for the program are €37,900, and remember, this doesn't include VAT.

Scholarship:

NEOM Business School's Scholarship Program supports local students from NEOM and Tabuk regions, providing educational opportunities and nurturing future leaders for NEOM projects.

Scholarship Program  Eligibility Amount
NEOM Scholarship Program for MBA Students Local high school graduates from NEOM and Tabuk regions 

Up to 50% 

Note: For specific details and application guidelines for NEOM Business School's Scholarship Program and to get a better idea of the MBA in France cost, it is recommended to refer to the official NEOM website or contact the institution directly.

Cost of living in France for MBA students

Beyond tuition, living costs matter, too! If you're an international MBA student eyeing jobs in France, consider more than just study fees. Let's dive into living expenses – accommodation, food, transport, and other bits to make your stay comfy and budget-friendly.

A Closer Look at Accommodation to figure out MBA in France Cost

1. Accommodation Matters:

  • Finding a suitable place to stay is a crucial part of MBA life in France.
  • Accommodation costs significantly impact your overall MBA expenses.

2. Variety in Costs:

  • The price tag for accommodation varies based on factors like the city and location.
  • A furnished apartment in France can range from €800 to €1,200 per month.

3. Affordable Options:

  • Don't worry about breaking the bank – shared accommodations or university dorms often offer more budget-friendly choices.
  • Exploring these alternatives can help you manage your MBA in France costs more effectively.

Unwrapping the Expenses of Food for the MBA in France Cost

1. Eating Well on a Budget:

  • Food is a big part of your monthly spending during your MBA in France.
  • You'll have plenty to choose from with all the delicious options in France.

2. Budgeting for Groceries:

  • On average, spend about €200 to €300 monthly on groceries.
  • Your spending might change based on what you like to eat.

3. Everyday Treats and Groceries:

  • Remember, your daily meals and occasional grocery treats add to your expenses.
  • Keeping track of grocery costs and occasional treats helps you manage your food budget while enjoying French cuisine.

Discovering the Ins and Outs of Transportation Costs in France

1. Getting Around Smartly:

  • Your transportation costs will vary based on where you are and how often you need to travel.
  • France's big cities have great public transport – buses, trains, and metros are all well-developed.

2. Budget-Friendly Passes:

  • Consider monthly transportation passes, like the Navigo pass in Paris.
  • They usually cost around €75 to €100 monthly, letting you travel as much as you want within certain zones.

3. Eco-Friendly Options:

  • If you're a cycling fan, many cities in France offer bike-sharing services.
  • It's a pocket-friendly and eco-friendly way to explore the city at your own pace.

 Navigating Miscellaneous Expenses in MBA in France

1. Beyond Basics:

  • Besides home, food, and getting around, don't forget about other little expenses for your MBA in France journey.

2. Everyday Necessities:

  • Think about utilities – electricity, water, and internet might add up to about €100 to €150 monthly.
  • Health matters, too! International students might need private health insurance, usually from €50 to €100 monthly.

3. Plan for the Extras:

  • Consider these miscellaneous costs when working out your budget to handle your MBA in France cost better.
  • Being prepared for these extras ensures a smooth and stress-free MBA experience in France.
Expense Average Monthly Cost Notes
Accommodation €800 to €1,200 Rent for a studio or shared housing
Food €200 to €300 Grocery and dining out
Transportation €75 to €100 Public transportation or bike-sharing
Utilities €100 to €150 Electricity, water, and internet
Health Insurance €50 to €100 Private health insurance
Books and Supplies €50 to €75 Academic materials and stationery

Note: Remember that everyone's different, so the costs mentioned are just general estimates. Your actual expenses might vary based on your own choices and needs.

The Power of ROI in Your MBA Journey in France

Start your MBA journey in France with confidence! Learn about the benefits of Return on Investment (ROI) and how it can guide you to success in the world of business education.

mba in france cost

1. Investing Wisely:

  • Before diving into MBA costs in France, think about what you're getting in return.
  • The initial costs might seem like a lot, but a well-regarded French MBA can bring lots of good stuff your way.

2. Long-Term Gains:

  • Beyond the numbers, consider the potential return on investment (ROI) – not just financial gains but also the valuable advantages an MBA brings.

3. Earning Potential:

  • Take a look at the data – on average, MBA grads in France can earn from €42,400 to €111,800 annually.
  • This earning potential makes the MBA investment worthwhile, promising career growth and opportunities for lucrative positions.

Conclusion

To sum it up, going for an MBA in France is a big step, but it brings a lot of good things and a chance to grow in many ways. While you need to think about the MBA in France cost, remember that an MBA is an investment in your future.

So, if you decide to take on the MBA journey in France, be ready to work hard and think smart. It's a chance to learn a lot, make important connections, and gain skills for the business world. When you weigh the costs against what you can gain, getting an MBA in France could really boost your career to new heights.

Which B-School is best for MBA in France?

France is renowned for its prestigious business schools, making it challenging to pinpoint a single "best" B-school. However, some top-ranked institutions in France for MBA programs include INSEAD, HEC Paris, ESSEC Business School, and ESCP Business School. These schools offer a comprehensive curriculum, exceptional faculty, strong alumni networks, and international recognition. INSEAD, in particular, consistently ranks among the world's best business schools. 

Which is the best city for students in France?

France offers several vibrant cities that cater to students, each with its unique charm and advantages. Paris, the capital city, is a popular choice for its rich cultural heritage, renowned universities, and diverse student community. Lyon is known for its excellent educational institutions, thriving gastronomy scene, and affordable cost of living. Toulouse offers a lively atmosphere, a strong focus on aerospace and technology, and a vibrant student life. 

Are French MBA schools globally recognized?

Yes, French MBA schools are globally recognized and hold a strong reputation in the field of business education. Many French business schools consistently rank among the top institutions worldwide. For example, INSEAD, with campuses in Fontainebleau (near Paris) and Singapore, is widely regarded as one of the world's leading business schools. HEC Paris is another prestigious institution that consistently ranks among the top business schools globally. Additionally, schools like ESSEC Business School, ESCP Business School, and EDHEC Business School are recognized for their quality education and international exposure. 

Is an MBA from France worth it for international students?

Yes, an MBA from France can be highly valuable and worth it for international students. French business schools offer rigorous and internationally recognized programs that provide a solid foundation in business education. Studying in France provides opportunities for cultural immersion, networking, and exposure to the European business landscape. French MBA programs often have strong ties with global companies and offer internships and job placement services. Additionally, the country's strategic location in Europe provides access to a diverse and dynamic business environment. 

Is French mandatory for doing an MBA in France?

No, French language proficiency is not typically mandatory for doing an MBA in France. Many business schools in France offer MBA programs taught entirely in English to cater to international students. These English-taught programs are designed to attract a diverse range of students from around the world. However, it's worth noting that having some knowledge of the French language can be advantageous for daily life and networking opportunities within France. Some business schools may offer optional French language courses or provide resources for students to learn French if they wish to do so. 

Know Your Author
Photo of Rohit
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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