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Financing my MBA

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.

Start your application for September 2022!

Tuition and Application Fees

Academic Year Major of Choice Application Fee Tuition Fees
AY 2022 - 2023  Luxury Brand Management major  €130 €49,000*
AY 2022 - 2023 Strategy & Digital Leadership major  €130 €49,000*


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

  • 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
    • Living Costs (Covering housing, food, and others): France: Approximately €900 - 1,000/month

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.

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Scholarships

ESSEC provides various merit-based scholarships based on their profile and experiences, both academic and professional. Take a look at our offer of scholarships and discuss them with our team of advisors. The earlier you apply for a scholarship, the higher your chances of being considered!

ESSEC Scholarships

Early Bird

The first applicants to enroll in the early Admissions Juries will benefit from the Early Bird Offer of  5,000€.

Deadline: January 23rd, 2022

Entrepreneurship

This scholarship is awarded to candidates who have been involved in an entrepreneurial project/start-up or plan to create one.

Eligibility: The candidate's ability to demonstrate the potential of developing a successful business or have the willingness to start a business.

Future Women Leaders

This scholarship is awarded to women who are driven to pursue positions of leadership in the future.

Eligibility: The leadership potential of the candidate will be assessed through her responsibilities, her involvement in clubs and organizations, her general visibility, and her career progression.

High Potential

This scholarship rewards a candidate who has demonstrated exceptional career advancement, in any function or sector.

Eligibility: the ability of a candidate to demonstrate success in his/her career and who shows potential to evolve rapidly in a company or public organization.

Emerging Markets

This scholarship is awarded to candidates from an emerging or developing country who are able to demonstrate their positive impact on the local economy of their country.

Eligibility: the nationality and for French candidates, the country of residence.

International Experience

This scholarship rewards candidates who have either worked in an international environment or in several countries, have a deep understanding of intercultural business environments, and/or can speak several foreign languages.

Eligibility: Candidates must have a good understanding of international challenges and the nature of projects led abroad, and/or mastery of foreign languages, with the ability to demonstrate how these qualities have uplifted their careers

Diversity

This scholarship is to support international diversity and inclusion in our cohort. It recognizes the academic and professional achievement of candidates who, through the sharing of their varied cultural perspectives, will enhance the cohort's worldview during the MBA journey.

Eligibility: Candidates are evaluated in terms of their academic and professional background, personality and uniqueness of profile. Candidates must highlight the unique or distinctive value that their individual profile would contribute to the class.

New Business Trends

This scholarship is awarded to candidates who have shown their contribution or involvement in the below-listed sectors aligned with ESSEC’s values and strategic challenges: Digital Transformation & AI; Sustainability.

For any questions concerning
scholarship and financing help ...

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