MSc in Hospitality Management (IMHI)

Financing

Tuition fees

 

	VALID FOR 2024 INTAKE
	EU Citizens	NON-EU Citizens
Application Fee	€100
Total Tuition	€40,000	€46,000
Deposit*	€5,000	€5,000
Remaining**	€17,500	€20,500
Remaining***	€17,500	€20,500
Service Fee****	€2,080	€2,280

*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.

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. 

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 the diversity of the 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