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Tuition Fees & Scholarships

An MBA is a big investment in time and money. Therefore it’s important to make sure that you have all the financial support you need before you start the MBA. At ESSEC Business School, we offer a range of scholarships to support you in your MBA journey.

Applications are now closed for the September 2020 intake

Tuition and Application Fees

Application fee for the Global MBA for the 2020-2021 academic year is 130€ for all majors.

Tuition for the ESSEC Global MBA is dependent on your major of choice.

Major of ChoiceTuition Fees
Strategy & Management major €50,000 for AY2020-2021
Luxury Brand Management major €50,000 for AY2020-2021
Strategy & Digital Leadership major SGD81,900 (Inclusive of GST) for AY2020-2021

The tuition fee covers all academic courses, seminars, and business trips.

Items not included in the tuition fees are:

  • Living Costs (Covering housing, food, and others)
    • France: Approximately €900 - 1,000/month
    • Singapore: Approximately S$1000 - 2500/month
  • Additional Costs:
    • Alumni association life-long membership (€1,600 distributed in annual installments over the program duration)
    • Textbooks and course materials;
    • Compulsory health and liability insurance as required by law (certificate to be provided upon arrival);
    • Sports and leisure

Loans

Bank Loans

As an ESSEC participant, you may be eligible for a preferential rate bank loan with the Cergy branch of LCL, which covers full tuition and is repaid starting at the end of your first year of work. Please be advised that loan applicants are strictly 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 participant.

Prodigy Finance

Participants from 150 different nationalities looking to apply to the Global MBA program may 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 participant's future earning potential and do not take into account credit history. Interested candidates 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 dispersed to the school in euro (€), thus no exchange rates are borne by the participant. The sooner you apply, the better. We advise you to carefully go through the Prodigy website to check on your eligibility before applying.

Learn More

Scholarships

Closed for the next intake: September 2020

For more information concerning the 2021 intake, contact our team.

Candidates can apply for only 1 out of the 5 scholarships marked with an asterisk (*). Scholarship decisions for ESSEC Scholarships will be communicated in tandem with admissions results.

ESSEC Scholarships

Early Action

Scholarship Amount:

Round 1: €2,000 / SGD3,000

Round 2: €2,000 / SGD3,000

Eligibility: The Early Action Scholarships will be awarded to enrolled candidates who submit their applications in the corresponding Admissions Rounds.

Early Bird

Scholarship Amount: €3000 / SGD4,500

Eligibility: Candidates will have to confirm their enrolment in the program and submit the deposit fee within 2 weeks from the date of your decision letter.

European Nationality Scholarship*

Eligibility: First 10 enrolled candidates with EU or EEA Nationality.

Application Process: Candidates will only need to indicate that they would like to apply for this scholarship on our online application platform.

High Potential Scholarship*

Eligibility: Candidates with a GMAT score of 700 or higher or the equivalent for the GRE.

Application Process: Candidates will only need to indicate that they would like to apply for this scholarship on our online application platform.

Fast Fair Reduction Scholarship*

Eligibility: Candidates who are successfully enrolled in the program within one month of having met an ESSEC representative at an MBA fair for the first time.

Application Process: Candidates will need to indicate that they would like to apply for this scholarship on our online application platform, and submit evidence of fair registration and attendance.

Diversity Scholarship*

Selection Criteria: Candidates who bring demographic, intellectual, and experience diversity.

Application Process: Candidates will need to indicate that they would like to apply for this scholarship on our online application platform, and upload an additional 500-800 word essay as part of their supporting documents.

The essay should explain what is interesting or notable about their demographic, educational, work experience, and/or international background, and how that will contribute to the industry/profession they want to join and the participant experience during the program.

Partner Scholarships

The Firmenich Scholarship (Luxury Brand Management major only)

€8,400

As a leading player on the global market of perfume-flavour creation, Firmenich is happy to contribute to first-class academic initiatives. Managing a luxury brand also requires a good knowledge of up-stream activities like design, communication, manufacturing… and why not perfume creation! Firmenich will thus award a scholarship to a dynamic, highly motivated applicant with an international profile.

This scholarship is offered to candidates interested in pursuing the Global MBA Luxury Brand Management Major only. The candidate must demonstrate financial need.

More information

Deadline: Closed for 2020 intake / Contact us for more information if you wish to apply to the 2021 intake.

L'Oréal Scholarship (Luxury Brand Management major only)

€5,000

Since 1995, L’Oréal has encouraged the development of the Luxury Brand Management Major as a welcome initiative to prepare top-notch managers with multicultural experience and a flair for luxury brands. L’Oréal thus decided to award a scholarship in order to encourage particularly international and creative applicants to follow the MBA.

This scholarship is offered to candidates interested in pursuing the Global MBA Luxury Brand Management Major only. The candidate must demonstrate financial need.

Deadline: Closed for 2020 intake / Contact us for more information if you wish to apply to the 2021 intake.

More information

For any questions concerning
scholarship and financing help ...

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