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Master in Management (MIM) - Applying with an International Degree

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Financing

Program Cost

 

 Valid for both France and Asia-Pacific Campus intake

 
APPLICATION FEE €100
TOTAL TUITION FOR EU NATIONALS
Valid for 2019 intake and may be subject to change next academic year

- Non-refundable deposit payable within three weeks after acceptance
- Remaining tuition payable in equal installments before Aug 31 each year
€33,900


€6000
€27,900 
TOTAL TUITION FOR NON-EU NATIONALS
Valid for 2019 intake and may be subject to change next academic year

- Non-refundable deposit payable within three weeks after acceptance
- Remaining tuition payable in equal installments before Aug 31 each year
€40,900


€6000
€34,900
ESSEC ALUMNI
Alumni Association life-long membership distributed in annual installments over the program duration.
€1600
LIVING COST
Monthly approximate covering housing, food, etc.
€1000

Financing your program

 

Students can access one or more of the following options to finance their studies or cover their living expenditure.

Scholarships

 

DESCRIPTION

ELIGIBILITY

AMOUNT

PROCEDURE

ESSEC ACADEMIC EXCELLENCE

To sustain the academic excellence of the program

All international candidates demonstrating high quality academic profile: outstanding GMAT score, strong motivation, etc.

Can cover up to 40% of total tuition fees.

Awarded with the admission decision at each session of admission.
No additional application or request.

DIVERSITY OF GEOGRAPHY AND PROFILES

To sustain diversity of student body

Be a citizen of all countries (except France)

Up to 25% of total tuition fees.

Awarded with the admission decision at each session of admission.
No additional application or request

EIFFEL

The French Ministry of Foreign Affairs funds EIFFEL scholarship.

Reserved for non-French candidates, double nationality included, no older than 30 years old at the time the selection committee will meet (around mid-March).

A monthly allowance of €1,181 and covered costs of one international return journey and social security cover.

ESSEC submits applications for EIFFEL scholarships on your behalf. Your application should be completed and submitted therefore in the first round of applications.

LIFE

A platform to channel the influence of Lebanese finance executives worldwide in order to establish stronger bonds, nurture the next generation and promote Lebanon. 

1. Be Lebanese or of Lebanese descent
2. Achieve and maintain academic excellence
3. Demonstrate interest in pursuing a career in Finance
4. Be in financial need

Up to 12 000$ per year for the duration of the academic program. 

ESSEC submits applications for LIFE scholarships on your behalf.  

SERGE BELLANGER

The French-American Chamber of Commerce (FACC) provides aspiring young leaders with invaluable learning opportunities that will help expand their career opportunities, promote cross-cultural dialogue and improve foreign language skills.

American citizen

Up to $10,000

For more information and deadlines to apply: Serge Bellanger Scholarship

PHILIPPE MATHE SCHOLARSHIP

The ESSEC USA Alumni International Leadership Award-Philippe Mathe Fellowship” is a merit-based scholarship.
It is not mutually exclusive of any other scholarship obtained by the candidate.

Graduates from a US, Canadian or Mexican University.

€5,000.

For more information and deadlines to apply: Click here 

Loans

Bank Loans

As an ESSEC student, you can take out a preferential rate bank loan, which covers full tuition and is repaid starting at the end of your first year of work.

Loan applicants are required to have a guarantor living in France. According to the banks, the guarantor must earn enough to cover the monthly loan payments but also either be a French citizen, a close family member and/or both. Additional fees and expenses will be the responsibility of the student.

Prodigy Finance

International Students from 150 different nationalities admitted to the Master of Science in Management - Grande Ecole may now apply to Prodigy Finance loans. Contrary to the banks in France, Prodigy does not require a collateral or co-signer. These loans are granted on the student's future earning potential and does not take into account credit history.  Students may apply online on the Prodigy website. There is no hidden fee or early repayment fee. Interest rates may vary depending on individual profiles. Funds are directly disbursed to the school in euro (€) so no exchange rates are borne by the student. Disbursement starts from September and loan application processing time may go up to a month and a half. The sooner you apply, the better. We advise you to read carefully the Prodigy website to check your eligibility before applying. 

Student Jobs

ESSEC employs its’ students in a wide variety of functions which can help towards everyday living costs. These are part time short-term contracts in for example assisting teachers, carrying out market research, helping out at conferences and events, contributing to social media, etc.

Apprenticeship

An apprenticeship is a special track within the program for students, where you alternate study at ESSEC and work at a company at the same time. Different 'rhythms' of alternating are possible. Some students do it on a weekly basis: they work for 3 days and study at ESSEC for 2 days per week. Others have a quarterly basis where they work for 3 months, followed by 3 months of studying, etc.

A big advantage of the apprenticeship over the internship is that you really are considered as a member of the company, in a real job with real responsibilities. And if financing your studies is somewhat difficult for you, then it is good to know that the company you work for pays your tuition fee. The company also pays you a salary each month, irrespective of if you are at ESSEC or at the company. Under the French law, non-EU citizens require permit (carte de séjour) which is given after you have spent one year in France before signing the Apprenticeship contract.

The flexibility of the ESSEC Master in Management makes the job search a lot easier as we can search for jobs throughout the year. The option to do an apprenticeship is the best way to not just finance the studies but also to complement the studies with valuable work experience.

Nimalan Chandranesan, current student MiM

Nimalan Chandranesan
Master in Management student

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