France stands tall as a powerhouse of innovation and entrepreneurship, boasting world-renowned brands such as Airbus, Orange, L’Oreal, and LVMH. With a keen eye on economic development, the country has fostered a highly commercial environment, making French a pivotal language in the business world. As per the Financial Times 2021 rankings, France solidified its position as one of the top destinations for MBA education, with five prestigious business schools gracing the coveted top 100 list.
In this blog, we uncover the top colleges for MBA in France, delving into the finest programs, fee structures, eligibility criteria, and admission processes. France hosts 250,000 international students, with 10,000 from India. The President of France reaffirmed France's readiness to welcome 30,000 Indian students by 2030, showcasing its appeal as a top study destination.
Whether you're a prospective student or a seasoned professional seeking to enhance your career prospects, the allure of studying in France is undeniable. To navigate the myriad options and make an informed decision tailored to your aspirations, consider contacting Yocket's experienced counsellors.
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Table of Contents |
Why Study MBA in France?
Studying and living in France is an enriching experience both personally and professionally. MBA being one of the most popular courses in European countries, you must be aware of the benefits of studying the same as an international student.
Here are some good reasons to study MBA in France:
- 11 business schools in France are featured in the QS Global MBA Ranking, with HEC Paris occupying the top position. France undoubtedly has some of the best MBA colleges in the world.
- Top MBA colleges in France offer different types of scholarships, namely, Excellence Scholarship, Premium Scholarship, Merit, Make an Impact, Diversity, 1st Nationality Scholarships, etc., to international students.
- MBA colleges in France, like IÉSEG School of Management Grenoble Ecole de Management, are accredited by AACSB, AMBA, and EQUIS. Such triple accreditation is prestigious to any college or university.
- MBA in France offers both a general MBA and an Executive MBA. The former is for fresh graduates, an Executive MBA in France is an opportunity for industry professionals to move ahead in their careers.
Top 10 MBA Colleges in France for Indian Students
As we have already mentioned, the MBA colleges in France are highly ranked and acclaimed globally, let us now go through the list of top 10 MBA colleges in France:
|
Institute Name |
QS Global MBA Ranking 2024 |
Annual Average Fees |
|---|---|---|
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5 |
INR 67,73,000 - INR 69,50,000 (EUR 76,000 - EUR 78,000) |
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11 |
INR 81,31,000 - INR 98,32,,000 (EUR 91,225 - EUR 110,312) |
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29 |
INR 42,34,000 - INR 44,12,000 (EUR 47,500 - EUR 49,500) |
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51 |
INR 36,55,000 - INR 41,44,000 (EUR 41,000 - EUR 46,500) |
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26 |
INR 41,90,000 - INR 66,85,000 (EUR 47,000 - EUR 75,000) |
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54 |
INR 33,87,000 - INR 40,11,000 (EUR 38,000 - EUR 45,000) |
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121-130 |
INR 26,74,000 - INR 34,76,000 (EUR 30,000 - EUR 39,000) |
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96 |
INR 28,48,000 (EUR 31,950) |
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NA |
INR 31,20,000 (EUR 35,000) |
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101-110 |
INR 27,63,000 - INR 34,32,000 (EUR 31,000 - EUR 38,500) |
Popular MBA Courses & Specializations in France
MBA courses in France are primarily categorized into two - MBA and Executive MBA. While an MBA is a preferred option for fresh undergraduates, an Executive MBA in France is designed for professionals looking to upgrade their skills and career prospects. Both these MBA courses in France offer some notable specializations in their curriculum. Some of them are discussed below:
1. Finance and Digital Banking
Finance and banking is an integral part of all business sectors. Opting for specialization in Finance and Digital Banking for an MBA in France helps you expand your knowledge of finance and acquire analytical and technical skills. It offers the opportunity to explore domains like financial management, international finance, investment, valuation, etc.
2. Digital Marketing
Digital marketing is another specialization that MBA programs in France offer. It aims to build a concrete foundation of digital technology and develop the ability to select and use the right tool in terms of marketing strategy. You will also be compatible enough to build new forms of technology to attract customers.
3. Project Management
A specialization in Project Management for an MBA in France helps students structure different projects and set realistic marketing goals. By using effective tools, you will be able to schedule and undertake multiple projects at the same time. You will learn the techniques of time management, identify project risks, implement control tools, and much more.
4. International Business Development
International Business is one of the most sought-after specializations for MBA in France. It provides understanding and knowledge through which you may create your own path to target the existing market. You will also be introduced to the current trends in international business, its challenges, and much more.
Suggested: Best Courses to Study in France
Eligibility & Admission Criteria for MBA in France
To study MBA in France, you must fulfil certain requirements and eligibility criteria. They are as follows:
- Undergraduate Degree
- Language Requirement
- GMAT/GRE
- Work Experience
- Passport and Visa
Undergraduate Degree
The first eligibility requirement to study an MBA in France is a bachelor's degree or equivalent in a relevant subject. Although the scores differ across courses and universities, most universities ask for a minimum score of 50% in undergraduate degrees.
Language Requirement
The English proficiency test is mandatory for all international students to get admission to MS in France for Indian students. Minimum scores as per the tests are:
GMAT/GRE
A GMAT or GRE score is a must to get admission into the best MBA colleges in France The GMAT score for MBA in France ranges from 550 to 730.
Work Experience
A minimum of 3 years of work experience is required to study MBA in France. However, some courses like Executive MBA ask for more years of work experience as a mandatory requirement.
Passport and Visa
A valid passport and student visa are necessary for all international students to study any course at any university in France. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travel.
Documents Required for MBA in France
Admission to colleges for MBA in France for Indian students requires a set of documents. Some of the common document requirements are mentioned below:
- Transcripts of all educational qualification
- CV or Resume
- LOR or Letter of Recommendation
- SOP or Statement of Purpose
- Scorecards of IELTS/TOEFL/GMAT
- Work experience certificate (if applicable)
How to Apply for MBA in France?
A step-by-step guide to applying at different universities for MBA in France for Indian students as well as other international students is given below:
- Step 1: Finalize the MBA course that you want to pursue and check for the best university offering that course.
- Step 2:Visit the official university website and collect all data relating to eligibility and the admission process.
- Step 3:Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT/GRE scorecards)
- Step 4:Fill out the desired application form and pay the fee.
- Step 5:Go through an interview with the respective university directors. This is a great opportunity to display your soft skills and presence of mind.
- Step 6:Once you receive the conditional offer letter after clearing your interview, you may book your seat at the particular university.
- Step 7:Pay your deposit by agreeing to the terms and conditions of the university. The deposit here is non-refundable.
Cost of Studying MBA in France
The overall cost of studying MBA at different universities in France comes under two categories: tuition fees and cost of living.
Tuition Fees for MBA in France
The France MBA fees range from 30,000 EUR to 100,000 EUR per year. Therefore, the MBA in France cost in Indian rupees is around 2,537,328 INR to 8,457,760 INR per year. In some cases, the state covers two-thirds of your tuition fees. In that scenario, the universities charge quite lesser fees. However, do check the official university website for exact details.
Cost of Living in France
Your lifestyle determines the cost of living in France as an international student. On average, the inclusive (accommodation, food, stationery, entertainment, miscellaneous) cost is around €12,000 per year.
Suggested: All about Cost of Studying in France
Available MBA Scholarships for France
If you're worried about the high costs of studying abroad, don't fret! There are numerous scholarships and education loans available to help finance your education. While many universities offer merit-based scholarships, you can also explore our website for a comprehensive list of scholarship opportunities.
Even though French State universities have minimal tuition fees, some international students may still find it challenging to cover all expenses. That's why there are various institutional and regional scholarship options available for them to apply to. Here is a list of some of these scholarships:
- Ile-de-France Masters Scholarships: The Regional Council of Île-de-France offers the Île-de-France Masters Scholarships to foreign students applying to higher education institutions in the Île-de-France region. These scholarships are open to international students, with a preference for applicants from Asia, Eastern Europe, the Middle East, Latin America, or the new European member states.
- The Eiffel Scholarship: Administered by the Ministry of Europe and Foreign Affairs, the Eiffel Scholarship program is designed to attract international candidates to prestigious French universities. It supports students pursuing diploma programs at the Master's and PhD levels, focusing on four main fields of study: Law, Economy and Management, Engineering Sciences (at both PhD and Master's levels), and Political Sciences.
- The Erasmus Mundus Scholarships: Funded by the European Union, are available to European and non-European students. These scholarships support Joint Programmes at the Master's or Doctorate level, offering opportunities for academic mobility and collaboration across borders.
If you don't meet the criteria for a scholarship, there's still a way to fund your education abroad. You can opt to apply for an education loan, enabling you to pursue your dream of studying abroad.
Jobs After MBA in France
After completion of your MBA programs in France, you will have the eligibility to apply for jobs at some of the notable organisations, both public and private. MBA graduates in France are mostly hired by companies like:
- L’oreal
- Microsoft
- LVMH
- Dior
- Capgemini
- TotalEnergies
Some popular jobs and their average salaries are mentioned below:
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Job Title |
Average Salary Per Year |
|---|---|
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Sales Executive |
INR 89,14,000 - INR 1,06,96,000 (EUR 100,000 - EUR 120,000) |
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Business Developer |
INR 26,74,000 - INR 62,40,000 (EUR 30,000 - EUR 70,000) |
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Revenue Manager |
INR 31,20,000 - INR 49,02,000(EUR 35,000 - EUR 55,000) |
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Assistant Marketing Strategist |
INR 26,74,000 - INR 40,11,000(EUR 30,000 - EUR 45,000) |
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Account Manager |
INR 26,74,000 - INR 62,40,000 (EUR 30,000 - EUR 70,000) |
From the Desk of Yocket
In conclusion, pursuing an MBA in France presents a wealth of opportunities for Indian students seeking to elevate their careers in the dynamic world of business. With a rich tapestry of renowned universities offering top-tier programs, coupled with the country's thriving business environment and emphasis on innovation, France stands as an attractive destination for higher education in management studies.
MBA in France is a wise investment offering excellent returns for your career and life. Apart from the best colleges in France for MBA, attractive courses, top-notch faculty, and highly paid jobs, studying in France is an enriching experience wherein you witness multiculturality, variety, hospitality and beautiful landscapes. For further guidance to make it to the MBA college in France of your choice get in touch with our counsellors at Yocket now!