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Are you considering pursuing an MBA in France but uncertain about the financial implications? This blog aims to provide a clear understanding of the costs involved and offer practical tips for managing your expenses effectively. France is home to some prestigious MBA in France cost.
Join us as we delve into the financial aspects of pursuing an MBA in France, including tuition fees, accommodation, transportation, and daily living expenses. Our goal is to break down these costs to help you plan your MBA journey in France with confidence and ease.
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.
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!
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.
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.
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.
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.
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.
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.
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.
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.
Here is the estimated Cost of Living in France for MBA Students:-
| Expense Category | Estimated Monthly Cost (EUR) | Notes |
|---|---|---|
| Accommodation | 400 - 1,200 | Varies by city (e.g., Paris is more expensive than smaller cities). |
| Utilities (Electricity, Water, Internet) | 100 - 150 | Shared accommodation may lower this cost. |
| Food and Groceries | 200 - 400 | Cooking at home is more economical than eating out. |
| Transportation | 50 - 100 | Monthly public transport pass; varies by city. |
| Health Insurance | 30 - 60 | Mandatory for international students; some universities offer plans. |
| Study Materials | 50 - 100 | Books, software, and other materials. |
| Personal Expenses | 100 - 200 | Leisure, entertainment, and personal care. |
| Miscellaneous | 50 - 100 | Unexpected expenses or additional activities. |
| Total Estimated Monthly Cost | 980 - 2,310 | Depending on lifestyle and city. |
Career Opportunities After MBA in france
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An MBA in France can open doors to a wide range of career opportunities across various industries. The country is home to numerous multinational corporations, prestigious consulting firms, and innovative startups. MBA graduates can expect to find roles in consulting, finance, marketing, operations, and more.
| Role | Top Recruiters | Average Salary (EUR/year) |
|---|---|---|
| Consultant | McKinsey & Company, Boston Consulting Group, Bain & Company | 60,000 - 90,000 |
| Finance Manager | BNP Paribas, Société Générale, Crédit Agricole | 65,000 - 85,000 |
| Marketing Manager | L'Oréal, Danone, LVMH | 55,000 - 75,000 |
| Product Manager | Schneider Electric, Orange, Dassault Systèmes | 60,000 - 80,000 |
| Operations Manager | Airbus, Renault, Saint-Gobain | 55,000 - 75,000 |
| Business Development Manager | Total, Engie, Veolia | 60,000 - 80,000 |
| HR Manager | L'Oréal, AXA, Capgemini | 50,000 - 70,000 |
| Entrepreneur/Start-Up Founder | Various Start-ups, Venture Capital Firms | Variable, often 40,000 - 80,000 in the initial stages |
| Investment Banker | Goldman Sachs, JP Morgan, Morgan Stanley | 70,000 - 100,000 |
| Data Analyst/Scientist | Capgemini, Accenture, IBM | 50,000 - 80,000 |
This table gives a general overview of the roles, top recruiters, and average salaries for MBA graduates in France. Salaries can vary widely based on factors such as experience, location, and specific company policies.
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. 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.
