MSc in Hospitality Management (IMHI)

Financing

Tuition fees

 

Valid for 2023 intake
APPLICATION FEE Application fee (non-refundable, to be enclosed with application)	€75
TUITION FEE FOR THE 2-YEAR TRACK Tuition fee per year	€38,000 €19,000
LIVING COST Monthly approximate covering housing, food, etc.	€1000

Additional Costs

• Alumni association life-long membership (€1,600 distributed in annual instalments 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
• Insurance

Apprenticeship

Every year, hospitality companies with business units and/or head offices based in Paris offer the possibility to some ESSEC IMHI students to obtain their MSc through the apprenticeship program.

Over two years, students under the age of 26 spend some of their time in class and some working for a company. It is the admissions comittee who select the best students for this track, and the decision is made during the admissions process. The candidates must be fluent in French.

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.

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 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 Hospitality Management 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. The 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.