Financing
Program Cost
Tuition Fees
Valid for 2024 intake for France and Singapore campuses.
APPLICATION FEE: €180 - Exempted for holders of B2M Alliance Passport: School of Business and Management, The Hong Kong University of Science and Technology (HKUST), IE Business School, Smith School of Business - Queen's University at Kingston, Mannheim Business School, Warwick Business School
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ONE-YEAR INTENSIVE TRACK
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EU Citizens
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NON-EU Citizens
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Total Tuition
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€39,000
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€39,000 |
Deposit*
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€6,000
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€6,000
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Remaining**
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€33,000
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€33,000
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Service Fee****
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€1,980
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€2,080
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FLEXIBLE TRACK
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EU Citizens
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NON-EU Citizens
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Total Tuition
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€42,800
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€49,800
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Deposit*
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€6,000
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€6,000
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Remaining**
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€18,400
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€21,900
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Remaining***
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€18,400
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€21,900
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Service Fee****
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€2,180
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€2,380
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*Non-refundable deposit payable within two weeks from the day of admission and will be deducted from the total tuition
**Remaining tuition payable before August 31 of the first academic year
***Remaining tuition payable before August 31 of the second academic year
****Service Fee is payable only once for the entire duration of the program.
Students can access one or more of the following options to finance their studies or cover their living expenditure.
DESCRIPTION
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ELIGIBILITY
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AMOUNT
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PROCEDURE
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ESSEC ACADEMIC EXCELLENCE
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To sustain the academic excellence of the program
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All international candidates demonstrating high quality academic profile: outstanding GMAT score, strong motivation, etc.
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Can cover up to 40% of total tuition fees.
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Awarded with the admission decision at each session of admission. No additional application or request.
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DIVERSITY OF GEOGRAPHY AND PROFILES
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To sustain diversity of student body
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Be a citizen of all countries (except France)
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Up to 25% of total tuition fees.
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Awarded with the admission decision at each session of admission. No additional application or request
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EIFFEL
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The French Ministry of Foreign Affairs funds EIFFEL scholarship.
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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).
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A monthly allowance of €1,181 and covered costs of one international return journey and social security cover.
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ESSEC submits applications for EIFFEL scholarships on your behalf. Your application should be completed and submitted therefore in the first round of applications.
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LIFE
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A platform to channel the influence of Lebanese finance executives worldwide in order to establish stronger bonds, nurture the next generation and promote Lebanon.
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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
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Up to 12 000$ per year for the duration of the academic program.
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ESSEC submits applications for LIFE scholarships on your behalf.
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SERGE BELLANGER
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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.
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American citizen
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Up to $10,000
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For more information and deadlines to apply: Serge Bellanger Scholarship
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PHILIPPE MATHE FELLOWSHIP
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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.
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Graduates from a US or Canadian University.
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€5,000
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For more information and application deadline: Click here
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BOURSE CROUS
If you are a CROUS scholarship holder enrolled in the Master in Management (MIM) - Grande Ecole program, you are entitled to a discount on your tuition for the current year depending on the level of your CROUS scholarship. Please note that €2,170 of enrolment and academic contributions fee/service fee is not included.
France
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.
ESSEC has developed a partnership with major French bank branches located in Cergy (LCL, BNP Paribas and Société Générale) to give you special terms and conditions.
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 and 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 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.
US Federal & Private Loans
Many US citizens or permanent residents opt to take out the US Federal Stafford and private Sallie Mae loans. These loans can cover up to the full cost of attendance and all applicants having a co-signer in the US are eligible for these loan programs. ESSEC is listed as “ESSEC Business School", and has a code number of G30959.
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.
Only those students who follow the Flexible track of the Master in Management can carry out an Apprenticeship which is an opportunity to acquire professional experience. In addition to this, it also provides a means to finance your studies should you manage to sign a contract. You can read more about the Apprenticeship in the 'Building Professional Experience' section.