With several world-renowned business schools, such as INSEAD and HEC Paris located in France, it is one of the best countries to pursue a Master in Business Administration. Be it the world’s largest banks or the top industries like fashion, luxury, or restaurants, pursuing an MBA from France can open doors to a fruitful future. Wondering how? MBA graduates from prestigious French universities are often recruited by popular companies like Airbus, L'Oreal, and Capgemini, and earn an average of EUR 90,000 - 1,43,000 / INR 80,32,410 - 1,27,62,610, indicating a high return on investment!
All these factors have increased the outflow of international students to France to pursuing an MBA. If you are also one of those students trying to navigate your way through French MBAs, you have landed on the right page! In this blog, we will list the top affordable French universities for an MBA, break down the costs, and mention the available scholarships for you.
Yocket has helped hundreds of students gain admission at the top schools in France. Venkata, a Premium Yocketeer from Bangalore, received an admit from Ecole Polytechnique, a highly prestigious university in France.. If you are looking for a top admit like Venkata,,make sure to connect with it. Join 1.2 million students that we assist with study abroad strategies. Become A Premium Yocketer Today!
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Top 10 Affordable Universities in France For MBA
Business schools in France are consistently ranked highly in the QS Global MBA Rankings. Why? Because they offer affordable education, international exposure, a culturally rich environment, and a gateway to European job opportunities post-graduation. Wondering which are the most affordable French universities for an MBA? To know, peruse the table below!
MBA Colleges in France |
Tuition Fee in EUR |
Tuition Fee in INR |
|---|---|---|
|
Groupe ISEE |
13,000 |
11,59,760 |
|
14,500 |
12,93,660 |
|
|
14,650 |
13,06,960 |
|
|
15,692 |
14,00,000 |
|
|
15,300 |
13,64,940 |
|
|
18,500 |
16,50,500 |
|
|
20,000 |
17,84,240 |
|
|
25,000 |
22,30,300 |
|
|
31,500 |
28,10,260 |
|
|
39,000 |
34,79,350 |
Have you started your college search – yes, no, stuck in the middle? Don’t worry! It is easy to get overwhelmed with multiple options and things to consider. Check out Yocket College Finder, a free online tool to find universities based on your needs and preferences.
Costs of Studying for an MBA in France
The total cost of pursuing an MBA at the top universities in France is divided into two categories: tuition fees and living expenses.
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Tuition Fees
An MBA in France ranges between EUR 30,000 - 100,000 or INR 26 lakhs - 89 lakhs per year. This can be burdensome for most Indian students. However, in some situations, the state two-thirds of your tuition costs. Consequently, institutions charge significantly lower fees. However, for specific information on the available scholarships and loans, you must see the university's official website.
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Cost of Living
As an international student, your lifestyle will affect the cost of living in France. The average annual cost (including accommodation, food, stationery, entertainment, and incidental expenses) is roughly EUR 12,000 / INR 10,70,990. To offset these expenses, you can work part-time, prefer eating home-cooked meals, and try finding accommodation close to your university.
Scholarships for MBA in the Universities of France
For pursuing an MBA in France, financial concerns and expenses cannot be neglected. To support and encourage international student's educational endeavours, several scholarships are available to students at French universities.
Some of the popular MBA scholarships to study in France include:
-
HEC Paris MBA Scholarship for Diversity
Intending to foster a dynamic community, the HEC Paris Diversity Scholarship highlights the importance of diversity in their MBA cohorts. The scholarship amount varies and can be applied to the last instalment to cover up to 50% of the tuition.
-
INSEAD Louis and Evelyn Franck Endowed Award for Excellence
One of the most exceptional MBA students in each class receives the INSEAD Louis and Evelyn Franck Endow Award for Excellence, which was created in honour of Louis Franck. Recipients automatically receive EUR 11,000 / INR 9,82,770 and are considered during the first or second admission rounds.
-
EDHEC Excellence Scholarship
Diversity, excellence, and honesty are of utmost importance to EDHEC, which awards scholarships to deserving applicants who enrich the impact-driven learning environment. The EDHEC Excellence Scholarship offers candidates with a GMAT score of +650 or above a tuition reduction of up to 40%. Candidates who meet the eligibility requirements and apply before January 31st are automatically awarded; no additional application is needed.
-
Women in Leadership Scholarship
The "MBA in International Management Scholarship for Women Leaders" is provided by ESCP Business School to self-supporting female candidates who exhibit exceptional leadership skills. The scholarship, worth EUR 15,000 / INR 13,40,140, is granted per the applicant's essay and recommendation.
-
INSEAD Indian Alumni Scholarship
Indian citizens enrolled in the INSEAD MBA program are eligible to apply for this EUR 25,000 / INR 22,31,230 scholarship.
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Higher Education Scholarship Test for Indian Students (HEST)
This scholarship is offered by the Ministry of Electronics and Information Technology, India, for Indian students pursuing higher education abroad. It can be used to fund part of the tuition fees for an MBA program in France.
From the Desk of Yocket
Now that you know the top French universities for an MBA, remember that each university has different eligibility criteria regarding standardised scores and work experience. So, check thoroughly before applying. Nevertheless, with top-notch faculty, international exposure through internships and semesters abroad, and high-paying jobs, an MBA from France is a great investment for a stable future!
Choosing a suitable university and applying to them requires extensive research. And, a single error can jeopardise your application. Hence, our Yocket experts are here to ensure that you get into your dream university in France for an MBA. They will provide end-to-end assistance to you, right from finding an MBA course and university based on your goals and requirements to applying to the universities and for visas. So, what are you waiting for? Schedule Your FREE Video Consultation Call Today!
